According to Stratistics MRC, the Global Motor Monitoring Market is accounted for $1.96 billion in 2021 and is expected to reach $3.40 billion by 2028 growing at a CAGR of 8.2% during the forecast period.
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Motor monitoring is the collection, sorting, and analyzation of streamed data from components such as sensors, detectors, and others on the device. The data analyzed in then processed through the software using various algorithms and monitoring process. Therefore, motor monitoring is available as the combination of hardware and software.
Some of the key players profiled in the Motor Monitoring Market include ABB, Advantech, Banner Engineering, Dynapar, Eaton, Emerson, General Electric, Honeywell, Mitsubishi Electric, National Instruments, Qualitrol, Rockwell Automation, Schneider Electric, Siemens, and SKF.
Monitoring Processes Covered:
• Oil Analysis
• Motor Current Analysis
• Ultrasound
• Thermography
• Vibration Analysis
Offerings Covered:
• Software
• Hardware
• Services
Deployments Covered:
• Cloud
• On-premise
End Users Covered:
• Agriculture
• Automotive
• Chemicals
• Electronics & Semiconductors
• Food & Beverages
• Metals & Mining
• Oil & Gas
• Power Generation
• Water & Wastewater Treatment
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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