Motor Monitoring Market Research | Edition 2022 | Recent Developments and SWOT Analysis 2028
Some of the key players in the global motor monitoring market include Bosch, Continental, Denso Corporation, Faurecia, Takata Corporation.
ISLE OF MAN, ISLE OF MAN, January 16, 2023 /EINPresswire.com/ -- Motor Monitoring Market Analysis
The global motor monitoring market size was valued at USD 1.6 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 8.4% from 2019 to 2028.
The adoption of condition monitoring with wireless IoT sensors and cloud-based software empowers industry professionals to get ahead of equipment problems and avoid downtime by accessing current, vibration, and temperature data from anywhere in a plant at any given time. This follows an ongoing trend driving the growth of the market.
Motor Monitoring Market Growth Drivers and Risks
This growth is attributable to several factors such as increase in automotive production, stringent emission norms, and growing awareness about the need for efficient motor operations. However, there are several risks that could impede this market growth including increasing oil prices, automation of manufacturing processes, and increasing cost of sensors.
However, there are several risks associated with this market that need to be considered before investing. These risks include technological obsolescence of sensors and equipment, increasing costs of maintenance, and cyber-attacks. Additionally, the global trade war could negatively impact the growth of this market.
Motor Monitoring Market Keyplayers
Some of the key players in the global motor monitoring market include Bosch, Continental, Denso Corporation, Faurecia, Takata Corporation, and Valeo S.A. The companies are focusing on various product segments such as performance monitors, fuel injection monitors, drivetrain monitors, engine oil level monitors etc. These players are also aggressively marketing their products across various geographies such as North America, Europe Asia Pacific (APAC), and Latin America.
Motor Monitoring Market Segmentations
Offerings Outlook (Revenue, USD Million, 2016 - 2027)
• Software
• Hardware
Process Outlook (Revenue, USD Million, 2016 - 2027)
• Portable
• Online
Deployment Outlook (Revenue, USD Million, 2016 - 2027)
• On-premise
• Cloud
End-use Outlook (Revenue, USD Million, 2016 - 2027)
• Oil & Gas
• Automotive & Transportation
• Power Generation
• Metals and Mining
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Table of Content-
1. OVERVIEW AND SCOPE
1.1. Market Vision
1.1.1. Market Definition
1.1.2. Market Scope
1.2. Market Segmentation
2. EXECUTIVE SUMMARY
2.1. Market Snapshot
2.2. Global Motor monitoring Market- Regional Snapshot
2.3. Global Motor monitoring Market, by Product
2.3.1. Global Motor monitoring Market Size by Product: 2020 VS 2028
2.4. Global Motor monitoring Market, by On Deployment
2.4.1. Global Motor monitoring Market Size by On Deployment: 2020 VS 2028
2.5. Global Motor monitoring Market, by Sales Channel
2.5.1. Global Motor monitoring Market Size by Sales Channel: 2020 VS 2028
3. GLOBAL MOTOR MONITORING MARKET OVERVIEW BY REGION: 2017 VS 2020 VS 2028
3.1. Global Motor monitoring Market Size by Regions (2017-2022) (USD Million)
3.2. Global Motor monitoring Market Size by Regions (2023-2028) (USD Million
4. GLOBAL MOTOR MONITORING MARKET DYNAMICS
4.1. Market Overview
4.1.1. Drivers Analysis
4.1.2. Restraints/ Challenges Analysis
4.1.3. Opportunities
4.2. Value Chain Analysis/Supply Chain Analysis
4.3. Porter’s Five Forces Model
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Intensity of Rivalry
4.4. Covid-19 Impact Analysis on Global Motor monitoring Market
5. GLOBAL MOTOR MONITORING MARKET, BY PRODUCT
5.1. Overview
5.2. Global Motor monitoring Historic Market Size By Type (2017-2028) (USD Million)
5.3. Key Findings for Motor monitoring Market - By Product
5.3.1. Motor monitoring Market - Taste Type 1
5.3.2. Motor monitoring Market - Taste Type 2
5.3.3. Motor monitoring Market - Taste Type 3
5.3.4. Motor monitoring Market - Taste Type 4
6. GLOBAL MOTOR MONITORING MARKET, BY ON DEPLOYMENT
6.1. Overview
6.2. Key Findings for Motor monitoring Market - By On Deployment
6.2.1. Motor monitoring Market - On Deployment 1
6.2.2. Motor monitoring Market - On Deployment 2
6.2.3. Motor monitoring Market - On Deployment 3
6.2.4. Motor monitoring Market - On Deployment 4
Toc Continue………………………..
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