Motor Monitoring Market Size and Share
Motor Monitoring Market Analysis by Mordor Intelligence
The motor monitoring market stood at USD 2.45 billion in 2025 and is forecast to reach USD 3.55 billion by 2030, advancing at a 7.7% CAGR. Edge-enabled predictive maintenance platforms that anticipate failures up to 40 hours in advance are driving adoption across capital-intensive industries. Industrial Internet of Things (IIoT) architectures coupled with embedded artificial intelligence now deliver real-time insights that cut unplanned downtime by as much as 50%, a saving especially relevant to sectors where production stops can cost USD 50 billion annually. Hardware still accounts for most outlays, yet managed analytics services are accelerating as firms seek external expertise for complex diagnostics. North America leads on account of strict efficiency mandates, while Asia-Pacific is the fastest-growing region thanks to rapid manufacturing expansion and supportive government programs. Vendor competition is intensifying as automation majors acquire specialist sensor firms to strengthen edge-AI portfolios and address swelling demand for cloud-ready solutions. [1]B. Adams, “IEC 60034 Efficiency Updates,” iec.ch
Key Report Takeaways
- By offering, hardware led with 69.2% of the motor monitoring market share in 2024; services are projected to grow at a 9.8% CAGR through 2030.
- By deployment, on-premises solutions held 74% of the motor monitoring market size in 2024, while cloud-based models are expanding at a 12.4% CAGR.
- By monitoring technique, vibration analysis dominated with 41% revenue share in 2024; oil analysis is forecast to rise at a 10.2% CAGR to 2030.
- By end-user industry, oil and gas accounted for 28.5% of the motor monitoring market share in 2024, whereas renewable energy is growing at a 9.6% CAGR.
- By motor type, AC motors retained 63% of the motor monitoring market size in 2024; servo and stepper motors will register the fastest 9.9% CAGR.
- By geography, North America led with 35% revenue share in 2024; Asia-Pacific is set to expand at a 10.5% CAGR.
Global Motor Monitoring Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Accelerated deployment of Industry 4.0 production lines | +1.80% | Global, with APAC and Europe leading adoption | Medium term (2-4 years) |
| Government tax-credit programmes for smart-factory retrofits | +1.20% | North America and EU, expanding to APAC | Short term (≤ 2 years) |
| Falling ASP of high-power red-laser emitters | +0.90% | Global manufacturing hubs | Long term (≥ 4 years) |
| Rapid shift to zero-defect packaging lines in F&B | +1.10% | Global, concentrated in developed markets | Medium term (2-4 years) |
| New IEC 61496-5 safety-rated photoelectric standards | +0.70% | Global, mandatory compliance regions first | Short term (≤ 2 years) |
| AI-enabled self-calibration reducing maintenance labour | +1.00% | Advanced manufacturing economies | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Rising Adoption of Predictive Maintenance Platforms
Predictive maintenance platforms now combine vibration, current, acoustic and thermal data with machine-learning models that deliver 91% anomaly detection accuracy and cut breakdowns by 30-50%. Steel makers have demonstrated 40-hour failure forecasts, and mining operators report nine-fold returns from averting unplanned stoppages. The economic case continues to sharpen as cloud analytics turn raw sensor feeds into prescriptive work orders that reduce spare-parts inventories and overtime labour. [2]OMRON, "3D TOF Sensor Module | OMRON Device & Module Solutions," January 1, 2025, components.omron.com
Rapid Shift Toward Wireless, Battery-less Sensor Networks
Energy-harvesting designs that draw micro-watts from motor magnetic fields eliminate battery swaps and wiring, slashing lifetime ownership costs. Commercial modules such as TDK’s i3 integrate on-board edge-AI to extend operating life by 50% while forming self-healing mesh networks over industrial campuses. These untethered nodes unlock monitoring in ship engine rooms and offshore rigs where access is costly and hazardous.
Integration of IIoT and Digital Twin Architectures
Digital twins merge real-time motor telemetry with physics-based simulations to test “what-if” maintenance scenarios before any service crew is dispatched. Siemens’ SIMOCODE M-CP embeds anomaly detection directly into switchboards, pairing field data with virtual replicas to optimize protection settings. Academic trials show digital-twin gearbox models achieving 99% fault-classification precision, enabling operators to schedule maintenance during low-production windows. Utilities using Emerson’s Ovation 4.0 platform report smoother load balancing and longer overhaul intervals.
Stricter Global Motor-Efficiency Regulations
Updated IEC 60034 rules oblige motors up to 1 MW to meet IE3 or IE4 tiers, pushing enterprises to verify efficiency continuously via sensor feedback. The U.S. Department of Energy estimates that new standards will save 7 quadrillion Btu over 30 years, reinforcing the business case for condition monitoring. Component makers such as Eaton now market silicon-carbide drives that exceed 95% efficiency and feed operational metrics into cloud dashboards for regulatory audits.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Uptake of low-cost 3D ToF cameras in short-range picking | -0.80% | Global, concentrated in logistics and e-commerce | Medium term (2-4 years) |
| High replacement rate in wash-down environments | -0.50% | Food processing and pharmaceutical regions | Short term (≤ 2 years) |
| Volatile gallium-arsenide spot prices | -0.60% | Global semiconductor supply chains | Short term (≤ 2 years) |
| Fragmented OEM interface protocols | -0.40% | Global, affecting system integration | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
High Upfront CAPEX and ROI Uncertainty
Full-scale deployments often require USD 100,000 or more for sensors, gateways and integration, a burden that can deter mid-sized plants despite potential 10-40% maintenance savings. Case studies show early models may drift when equipment is modified, necessitating extra spend on algorithm retraining, which prolongs payback horizons. Vendors are responding with subscription-based offerings and staged pilots to mitigate financial risk for cost-sensitive buyers.
Shortage of Domain-Skilled Reliability Engineers
Industrial automation roles show only nine qualified candidates per posting, inflating salaries to USD 72,000–114,000 and delaying project rollouts. The hybrid skillset that blends motor mechanics with data science remains scarce, prompting manufacturers to outsource analytics or adopt low-code platforms that embed predictive models to compensate for talent gaps. [3]U.S. Geological Survey, "Mineral Commodity Summaries 2024," January 30, 2024, pubs.usgs.gov.
Segment Analysis
By Offering: Services Drive Digital Transformation
Services generated a 9.8% CAGR outlook as companies turn to external specialists for integration, analytics and lifecycle optimization. While hardware retained 69.2% of 2024 revenue, complex multivendor environments now prioritize data interpretation over sensor procurement. Emerson’s USD 8.2 billion purchase of NI underscores the pivot toward higher-margin service revenue streams that embed continuous monitoring into broader automation contracts.
Hardware makers are repositioning as solution providers by bundling gateways, cloud connectors and managed dashboards. Regal Rexnord’s Perceptiv platform integrates field sensors with analytics that reportedly cut expected failures by 55% and stretch machine life 40%. As value migrates to insights rather than components, hybrid commercial models encompassing equipment, software and support are becoming the norm across the motor monitoring market.
Note: Segment shares of all individual segments available upon report purchase
By Deployment: Cloud Adoption Accelerates
On-premises architectures kept 74% revenue share in 2024 because critical plants still favour local control for latency and data-sovereignty reasons. Nevertheless, cloud deployments hold the fastest 12.4% CAGR as cybersecurity standards mature and 5G networks lower backhaul costs. Honeywell’s collaboration with Verizon embeds cellular intelligence in meters to stream usage data securely to analytics hubs, showcasing the hybrid edge-cloud approach gaining traction.
Academic research flags four common vulnerabilities in cloud-SCADA links—shared resources, insider threats, insecure protocols and connectivity gaps—yet the adoption of zero-trust architectures and network-based intrusion detection is mitigating risk. Manufacturers increasingly process safety-critical data locally while offloading deep-learning workloads and fleet benchmarking to the cloud, a pattern that boosts scalability without compromising uptime across the motor monitoring market.
By Monitoring Technique: Oil Analysis Gains Momentum
Vibration analysis remained the largest segment at 41% in 2024, but oil analysis is forecast to climb at a 10.2% CAGR because it detects microscopic wear particles well before vibrational signatures shift. Field studies show lubrication assays spotting bearing distress weeks earlier, enabling orderly maintenance scheduling for million-dollar assets.
Thermography and ultrasonics are also rising as complementary modalities. Continental Automotive’s rotor temperature sensor narrows tolerance bands to 3 °C, enhancing thermal insight for electric drivetrains. Integrated platforms that merge multiple techniques within unified dashboards deliver higher diagnostic confidence and fewer false positives, a trend that strengthens demand across the motor monitoring market.
By Motor Type: Servo Precision Expands
AC motors continued to dominate with 63% of 2024 revenue, reflecting their ubiquity in pumps, fans and compressors. Servo and stepper models, however, are on a 9.9% CAGR trajectory as robotics and high-speed pick-and-place systems demand tight positional accuracy. Schneider Electric’s Lexium 38i integrates monitoring electronics within a compact housing, simplifying installation and enabling real-time health scoring.
Permanent-magnet synchronous motors in electric vehicles pose new monitoring challenges around demagnetization and thermal runaway. Research reports 98% detection accuracy for bearing faults when combining current and vibration features, underlining the importance of multi-signal analytics for next-generation drive systems.
Note: Segment shares of all individual segments available upon report purchase
By End-User Industry: Renewable Energy Surges
Oil and gas kept 28.5% of 2024 revenue, yet renewable energy applications carry a 9.6% CAGR, led by offshore wind farms that require 24/7 drivetrain surveillance. The U.S. alone has 52 GW of projects in development, each relying on predictive analytics to cut costly sea-borne service visits.
Automotive makers adopt AI-driven diagnostics to speed model changes, and miners post a ninefold ROI by halting critical failures before they cascade. Food processors such as Danish Crown report 15% Overall Equipment Effectiveness gains from standardized data workflows, highlighting broadening appeal across the motor monitoring market.
Geography Analysis
Asia-Pacific holds the strongest growth outlook at a 10.5% CAGR through 2030. Government policies such as China’s Smart Manufacturing 2025 blueprint are incentivizing sensor retrofits, and domestic vendors are releasing cost-competitive platforms to capture local demand. New product lines under Siemens’ “China Acceleration 2.0” and Mitsubishi Electric’s “Lingling” brand exemplify tailored strategies for this market, reinforcing momentum within the motor monitoring market.
North America remains the revenue leader with 35% share in 2024 due to strict energy-efficiency rules and investments in grid and data-center resiliency. Schneider Electric’s USD 700 million expansion across five U.S. plants illustrates how suppliers are localizing production to support federal infrastructure programs that prioritize condition-based maintenance in energy, water and manufacturing sectors.
Europe shows steady demand fuelled by sustainability mandates and circular-economy goals. SKF’s Infinium bearings—capable of indefinite reuse through laser metal deposition—demonstrate how European suppliers align monitoring solutions with resource efficiency. Emerging regions in South America and Middle East and Africa are adopting monitoring technologies in mining and utility projects to enhance uptime amid harsh operating conditions, extending the global reach of the motor monitoring market.
Competitive Landscape
Competition is moderately fragmented, with consolidation reshaping market boundaries. KPS Capital Partners’ EUR 3.5 billion purchase of Siemens’ Innomotics and WEG’s acquisition of Marathon Electric underscore a shift toward vertically integrated portfolios that span motors, sensors and analytics. ABB secured niche pump-motor expertise through its Aurora Motors deal, mirroring peers that target specialized segments to deepen domain knowledge.
Technology differentiation now centers on edge-AI chips and battery-less sensor design. TDK’s ultracompact i3 module embeds machine-learning inference at the node, reducing data traffic and prolonging operating life. MIT’s magnetic-field energy harvester enables self-powered sensors in confined spaces, opening white-space opportunities for newcomers that can commercialize advanced power-scavenging techniques.
Cloud-native entrants such as Samotics leverage advanced blockage-detection algorithms to help utilities avoid pollution incidents and regulatory fines, pressuring incumbents to accelerate software innovation. As margins on commoditized hardware erode, sustained advantage hinges on data analytics depth, integration services and cybersecurity credentials across the motor monitoring market.
Motor Monitoring Industry Leaders
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Omron Corporation
-
Keyence Corporation
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Panasonic Holdings Corporation
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Rockwell Automation Inc.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- March 2025: Schneider Electric announced over USD 700 million investment in U.S. manufacturing, energy infrastructure and AI-driven automation.
- February 2025: Honeywell completed the spin-off of its Automation and Aerospace divisions into three public companies.
- February 2025: Emerson divested its remaining 40% stake in Copeland to Blackstone to focus on core automation offerings.
- January 2025: Hitachi acquired Joliet Electric Motors, expanding large-motor maintenance services in North America.
Global Motor Monitoring Market Report Scope
Motor monitoring, which has applications in a number of industry verticals, including oil & gas, power generation, aerospace & military, automotive, and others, is the collection, sorting, and analysis of streaming data using detectors, sensors, diagnostic software, and other tools.
The motor monitoring market is segmented into hardware and software, ensuring basic-level monitoring of motors in plants or systems through further deployment in the cloud or on-premise among the end-users such as oil & gas, energy & power, mining, etc. The motor monitoring market is segmented by offerings (hardware, software), Deployment (cloud, on-premise), end-user (automotive, oil & gas, energy & power, mining, food & beverage, chemicals, aerospace & defense), and geography.
The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| Hardware |
| Software |
| Services |
| On-Premise |
| Cloud |
| Vibration Analysis |
| Motor Current Signature |
| Thermography |
| Oil Analysis |
| Ultrasound and Acoustic |
| AC Motors |
| DC Motors |
| Servo and Stepper Motors |
| Oil and Gas |
| Energy and Power |
| Automotive |
| Mining and Metals |
| Food and Beverage |
| Chemicals |
| Aerospace and Defense |
| Other Industries |
| North America | United States |
| Canada | |
| Mexico | |
| Europe | Germany |
| United Kingdom | |
| France | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Japan | |
| Rest of Asia-Pacific | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Middle East and Africa | GCC |
| Turkey | |
| South Africa | |
| Rest of Middle East and Africa |
| By Offering | Hardware | |
| Software | ||
| Services | ||
| By Deployment | On-Premise | |
| Cloud | ||
| By Monitoring Technique | Vibration Analysis | |
| Motor Current Signature | ||
| Thermography | ||
| Oil Analysis | ||
| Ultrasound and Acoustic | ||
| By Motor Type | AC Motors | |
| DC Motors | ||
| Servo and Stepper Motors | ||
| By End-User Industry | Oil and Gas | |
| Energy and Power | ||
| Automotive | ||
| Mining and Metals | ||
| Food and Beverage | ||
| Chemicals | ||
| Aerospace and Defense | ||
| Other Industries | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| India | ||
| Japan | ||
| Rest of Asia-Pacific | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Middle East and Africa | GCC | |
| Turkey | ||
| South Africa | ||
| Rest of Middle East and Africa | ||
Key Questions Answered in the Report
What is the current size of the motor monitoring market?
The motor monitoring market generated USD 2.45 billion in 2025 revenue and is on track to reach USD 3.55 billion by 2030.
Which region leads the motor monitoring market?
North America held 35% market share in 2024, driven by strict efficiency mandates and robust digital infrastructure.
What segment is growing fastest within the motor monitoring market?
Services show the quickest expansion with a 9.8% CAGR because firms rely on external analytics and optimization expertise.
Why is oil analysis gaining prominence?
Oil analysis detects early wear particles, spotting faults weeks before vibration signatures and supporting a 10.2% CAGR for this technique.
How are wireless, battery-less sensors impacting adoption?
Energy-harvesting sensors remove battery maintenance, reduce wiring costs and enable monitoring in remote or hazardous locations, hastening deployment.
What are the main challenges to broader implementation?
High upfront costs and a shortage of reliability engineers remain key barriers, though subscription pricing and low-code analytics are easing both issues.
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