The Europe Motor Monitoring Market would witness market growth of 7.1% CAGR during the forecast period (2021-2027).
Simple temperature measurements, and more complex techniques such as passive or active thermography, are a necessary part of temperature analysis. Cameras used in thermography collect heat radiated by assets. These photos can be analyzed to indicate areas of potential breakdown, for instance, worn parts. Excess heat, or any form of thermal imbalance, is often a sign of a problem, such as inadequate lubrication and misalignment.
In addition, Electrical characteristics can also be used in order to detect faults. Induction, pulse and frequency response, resistance, and capacitance are a few of the properties that can be examined in this manner. This method frequently focuses on detecting electrical system degradation patterns in order to do preventative maintenance before the motor breaks. On the other hand, electromagnetic monitoring examines circuits and their properties. Electromagnetic measurements identify distortions across the magnetic field and variations in current to identify problems. For example, a field or current is generated inside or on the surfaces of the apparatus. The results of the analysis would highlight where faults are generating problems in the specific field.
The automotive industry of this region is one of the most flourishing industries. There are various manufacturers of vehicles across this region. In addition, the prevalence of major market players of the worldwide automotive industry is operating in this region. Moreover, according to the International Trade Administration, in 2019, the production of vehicles across Italy reached more than 914,000 vehicles, while 1,381,496 were manufactured in 2020. Additionally, Fiat Chrysler Automobiles, Peugeot SA, and Volkswagen Group are the key market players that are currently operating in this region.
Further, these companies are gaining traction of customers worldwide, owing to the fact that they manufacture a wide variety of vehicles. The increasing production of vehicles is majorly showcasing the requirement for efficient caretaking of their capital. Therefore, there is a surge in the demand for efficient and optimized motor monitoring solutions across this region, hence, the growth of the regional market is expediting
The Germany market dominated the Europe Motor Monitoring Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $220.5 million by 2027. The UK market is anticipated to grow at a CAGR of 6.3% during (2021 - 2027). Additionally, The France market would showcase a CAGR of 7.9% during (2021 - 2027).
Based on Offering, the market is segmented into Hardware, Software, and Services. Based on End User, the market is segmented into Oil & Gas, Aerospace & Defense, Power Generation, Water & wastewater Treatment, Chemical, Food & Beverages, Metals & Mining, and Others. Based on Monitoring Process, the market is segmented into Online and Offline/Portable. Based on Deployment, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Motor Monitoring Market Size will Hit $3.1 Billion by 2027, at a CAGR of 7.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Honeywell International, Inc., Schneider Electric SE, Emerson Electric Co., Mitsubishi Electric Corporation, Siemens AG, Rockwell Automation, Inc., General Electric (GE) Co., National Instruments Corporation, and Banner Engineering Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Hardware
- Software, and
- Services
By End User
- Oil & Gas
- Aerospace & Defense
- Power Generation
- Water & wastewater Treatment
- Chemical
- Food & Beverages
- Metals & Mining, and
- Others
By Monitoring Process
- Online and
- Offline/Portable
By Deployment
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- Honeywell International, Inc.
- Schneider Electric SE
- Emerson Electric Co.
- Mitsubishi Electric Corporation
- Siemens AG
- Rockwell Automation, Inc.
- General Electric (GE) Co.
- National Instruments Corporation
- Banner Engineering Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Motor Monitoring Market, by Offering
1.4.2 Europe Motor Monitoring Market, by End User
1.4.3 Europe Motor Monitoring Market, by Monitoring Process
1.4.4 Europe Motor Monitoring Market, by Deployment
1.4.5 Europe Motor Monitoring Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Oct – 2022, Feb) Leading Players
Chapter 4. Europe Motor Monitoring Market by Offering
4.1 Europe Hardware Market by Country
4.2 Europe Software Market by Country
4.3 Europe Services Market by Country
Chapter 5. Europe Motor Monitoring Market by End User
5.1 Europe Oil & Gas Market by Country
5.2 Europe Aerospace & Defense Market by Country
5.3 Europe Power Generation Market by Country
5.4 Europe Water & wastewater Treatment Market by Country
5.5 Europe Chemical Market by Country
5.6 Europe Food & Beverages Market by Country
5.7 Europe Metals & Mining Market by Country
5.8 Europe Other End User Market by Country
Chapter 6. Europe Motor Monitoring Market by Monitoring Process
6.1 Europe Online Market by Country
6.2 Europe Offline/Portable Market by Country
Chapter 7. Europe Motor Monitoring Market by Deployment
7.1 Europe On-premise Market by Country
7.2 Europe Cloud Market by Country
Chapter 8. Europe Motor Monitoring Market by Country
8.1 Germany Motor Monitoring Market
8.1.1 Germany Motor Monitoring Market by Offering
8.1.2 Germany Motor Monitoring Market by End User
8.1.3 Germany Motor Monitoring Market by Monitoring Process
8.1.4 Germany Motor Monitoring Market by Deployment
8.2 UK Motor Monitoring Market
8.2.1 UK Motor Monitoring Market by Offering
8.2.2 UK Motor Monitoring Market by End User
8.2.3 UK Motor Monitoring Market by Monitoring Process
8.2.4 UK Motor Monitoring Market by Deployment
8.3 France Motor Monitoring Market
8.3.1 France Motor Monitoring Market by Offering
8.3.2 France Motor Monitoring Market by End User
8.3.3 France Motor Monitoring Market by Monitoring Process
8.3.4 France Motor Monitoring Market by Deployment
8.4 Russia Motor Monitoring Market
8.4.1 Russia Motor Monitoring Market by Offering
8.4.2 Russia Motor Monitoring Market by End User
8.4.3 Russia Motor Monitoring Market by Monitoring Process
8.4.4 Russia Motor Monitoring Market by Deployment
8.5 Spain Motor Monitoring Market
8.5.1 Spain Motor Monitoring Market by Offering
8.5.2 Spain Motor Monitoring Market by End User
8.5.3 Spain Motor Monitoring Market by Monitoring Process
8.5.4 Spain Motor Monitoring Market by Deployment
8.6 Italy Motor Monitoring Market
8.6.1 Italy Motor Monitoring Market by Offering
8.6.2 Italy Motor Monitoring Market by End User
8.6.3 Italy Motor Monitoring Market by Monitoring Process
8.6.4 Italy Motor Monitoring Market by Deployment
8.7 Rest of Europe Motor Monitoring Market
8.7.1 Rest of Europe Motor Monitoring Market by Offering
8.7.2 Rest of Europe Motor Monitoring Market by End User
8.7.3 Rest of Europe Motor Monitoring Market by Monitoring Process
8.7.4 Rest of Europe Motor Monitoring Market by Deployment
Chapter 9. Company Profiles
9.1 ABB Group
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.2 Honeywell International, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.3 Schneider Electric SE
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental And Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.5.3 Acquisition and Mergers:
9.4 Emerson Electric Co.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.5 Mitsubishi Electric Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.6 Siemens AG
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.7 Rockwell Automation, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.8 General Electric (GE) Co.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.9 National Instruments Corporation
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.10. Banner Engineering Corporation
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.2.2 Product Launches and Product Expansions:
TABLE 1 Europe Motor Monitoring Marke, 2017 - 2020, USD Million
TABLE 2 Europe Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Motor Monitoring Market
TABLE 4 Product Launches And Product Expansions– Motor Monitoring Market
TABLE 5 Acquisition and Mergers– Motor Monitoring Market
TABLE 6 Europe Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 7 Europe Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 8 Europe Hardware Market by Country, 2017 - 2020, USD Million
TABLE 9 Europe Hardware Market by Country, 2021 - 2027, USD Million
TABLE 10 Europe Software Market by Country, 2017 - 2020, USD Million
TABLE 11 Europe Software Market by Country, 2021 - 2027, USD Million
TABLE 12 Europe Services Market by Country, 2017 - 2020, USD Million
TABLE 13 Europe Services Market by Country, 2021 - 2027, USD Million
TABLE 14 Europe Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 15 Europe Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 16 Europe Oil & Gas Market by Country, 2017 - 2020, USD Million
TABLE 17 Europe Oil & Gas Market by Country, 2021 - 2027, USD Million
TABLE 18 Europe Aerospace & Defense Market by Country, 2017 - 2020, USD Million
TABLE 19 Europe Aerospace & Defense Market by Country, 2021 - 2027, USD Million
TABLE 20 Europe Power Generation Market by Country, 2017 - 2020, USD Million
TABLE 21 Europe Power Generation Market by Country, 2021 - 2027, USD Million
TABLE 22 Europe Water & wastewater Treatment Market by Country, 2017 - 2020, USD Million
TABLE 23 Europe Water & wastewater Treatment Market by Country, 2021 - 2027, USD Million
TABLE 24 Europe Chemical Market by Country, 2017 - 2020, USD Million
TABLE 25 Europe Chemical Market by Country, 2021 - 2027, USD Million
TABLE 26 Europe Food & Beverages Market by Country, 2017 - 2020, USD Million
TABLE 27 Europe Food & Beverages Market by Country, 2021 - 2027, USD Million
TABLE 28 Europe Metals & Mining Market by Country, 2017 - 2020, USD Million
TABLE 29 Europe Metals & Mining Market by Country, 2021 - 2027, USD Million
TABLE 30 Europe Other End User Market by Country, 2017 - 2020, USD Million
TABLE 31 Europe Other End User Market by Country, 2021 - 2027, USD Million
TABLE 32 Europe Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 33 Europe Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 34 Europe Online Market by Country, 2017 - 2020, USD Million
TABLE 35 Europe Online Market by Country, 2021 - 2027, USD Million
TABLE 36 Europe Offline/Portable Market by Country, 2017 - 2020, USD Million
TABLE 37 Europe Offline/Portable Market by Country, 2021 - 2027, USD Million
TABLE 38 Europe Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 39 Europe Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 40 Europe On-premise Market by Country, 2017 - 2020, USD Million
TABLE 41 Europe On-premise Market by Country, 2021 - 2027, USD Million
TABLE 42 Europe Cloud Market by Country, 2017 - 2020, USD Million
TABLE 43 Europe Cloud Market by Country, 2021 - 2027, USD Million
TABLE 44 Europe Motor Monitoring Market by Country, 2017 - 2020, USD Million
TABLE 45 Europe Motor Monitoring Market by Country, 2021 - 2027, USD Million
TABLE 46 Germany Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 47 Germany Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 48 Germany Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 49 Germany Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 50 Germany Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 51 Germany Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 52 Germany Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 53 Germany Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 54 Germany Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 55 Germany Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 56 UK Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 57 UK Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 58 UK Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 59 UK Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 60 UK Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 61 UK Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 62 UK Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 63 UK Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 64 UK Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 65 UK Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 66 France Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 67 France Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 68 France Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 69 France Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 70 France Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 71 France Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 72 France Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 73 France Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 74 France Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 75 France Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 76 Russia Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 77 Russia Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 78 Russia Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 79 Russia Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 80 Russia Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 81 Russia Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 82 Russia Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 83 Russia Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 84 Russia Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 85 Russia Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 86 Spain Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 87 Spain Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 88 Spain Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 89 Spain Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 90 Spain Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 91 Spain Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 92 Spain Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 93 Spain Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 94 Spain Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 95 Spain Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 96 Italy Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 97 Italy Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 98 Italy Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 99 Italy Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 100 Italy Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 101 Italy Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 102 Italy Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 103 Italy Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 104 Italy Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 105 Italy Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 106 Rest of Europe Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 107 Rest of Europe Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 108 Rest of Europe Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 109 Rest of Europe Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 110 Rest of Europe Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 111 Rest of Europe Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 112 Rest of Europe Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 113 Rest of Europe Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 114 Rest of Europe Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 115 Rest of Europe Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 116 Key Information – ABB Group
TABLE 117 Key information – Honeywell International, Inc.
TABLE 118 Key information – Schneider Electric SE
TABLE 119 Key Information – Emerson Electric Co.
TABLE 120 key information – Mitsubishi Electric Corporation
TABLE 121 Key Information – Siemens AG
TABLE 122 Key information – Rockwell Automation, Inc.
TABLE 123 Key Information – General Electric (GE) Co.
TABLE 124 Key Information – National Instruments Corporation
TABLE 125 Key Information – Banner Engineering Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Oct – 2022, Feb) Leading Players
FIG 5 Recent strategies and developments: Honeywell International, Inc.
FIG 6 Recent strategies and developments: Schneider Electric SE
FIG 7 Recent Strategies and Development: Motor Monitoring Market