Lucintel Forecasts The Global Motor Monitoring Market To Grow With A Cagr Of 8.5% From 2025 To 2031

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global motor monitoring market looks promising with opportunities in the oil & gas, automotive & transportation, power generation, metals & mining, and aerospace & defense markets. The global motor monitoring market is expected to grow with a CAGR of 8.5% from 2025 to 2031. The major drivers for this market are the increasing demand for predictive maintenance, the rising need for energy efficiency, and the growing adoption of industrial automation.
A more than 150-page report to understand trends, opportunity and forecast in global motor monitoring market to 2031 by offerings (software and hardware), process (on-premise and cloud), deployment (portable and online), end use (oil & gas, automotive & transportation, power generation, metals & mining, aerospace & defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the offerings category, hardware will remain a larger segment over the forecast period.
Within the end use category, oil & gas ...
... will remain the largest segment.
In terms of region, North America will remain the largest region over the forecast period.
Download sample by clicking on motor monitoring market.
Emerson Electric, ABB, General Electric Company, Siemens, Honeywell International, Schneider Electric, Banner Engineering, Wilson Transformer Company, SKF, Rockwell Automation are the major suppliers in the motor monitoring market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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