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Motor Monitoring - Global Market Trajectory & Analytics

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    Report

  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303686

FEATURED COMPANIES

  • ABB
  • Banner Engineering Corp.
  • Eaton
  • General Electric
  • KCF Technologies
  • Mouser Electronics, Inc.
Global Motor Monitoring Market to Reach $2.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Motor Monitoring estimated at US$1.7 Billion in the year 2020, is projected to reach a revised size of US$2.7 Billion by 2027, growing at a CAGR of 7.1% over the period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record 6.8% CAGR and reach US$1.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 7.4% CAGR for the next 7-year period.





The U.S. Market is Estimated at $454.6 Million, While China is Forecast to Grow at 10.7% CAGR

The Motor Monitoring market in the U.S. is estimated at US$454.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$593.7 Million by the year 2027 trailing a CAGR of 10.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 6.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.

Select Competitors (Total 42 Featured):
  • ABB
  • Banner Engineering Corp.
  • Eaton
  • General Electric
  • Honeywell International Inc.
  • KCF Technologies
  • Mitsubishi Electric Corporation
  • Mouser Electronics, Inc.
  • Qualitrol Company LLC
  • Rockwell Automation, Inc.
  • RS Components & Controls (I) Ltd.
  • Schneider Electric
  • Siemens
  • T.F. Hudgins Incorporated
Frequently Asked Questions about the Global Market for Motor Monitoring

What is the estimated value of the Global Market for Motor Monitoring?

The Global Market for Motor Monitoring was estimated to be valued at $1.7 Billion in 2020.

What is the growth rate of the Global Market for Motor Monitoring?

The growth rate of the Global Market for Motor Monitoring is 6.8%, with an estimated value of $2.7 Billion by 2027.

What is the forecasted size of the Global Market for Motor Monitoring?

The Global Market for Motor Monitoring is estimated to be worth $2.7 Billion by 2027.

Who are the key companies in the Global Market for Motor Monitoring?

Key companies in the Global Market for Motor Monitoring include ABB, Banner Engineering Corp., Eaton, General Electric, Honeywell International Inc., KCF Technologies, Mitsubishi Electric Corporation, Mouser Electronics, Inc. and Rockwell Automation, Inc..

FEATURED COMPANIES

  • ABB
  • Banner Engineering Corp.
  • Eaton
  • General Electric
  • KCF Technologies
  • Mouser Electronics, Inc.

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 42

A selection of companies mentioned in this report includes:

  • ABB
  • Banner Engineering Corp.
  • Eaton
  • General Electric
  • Honeywell International Inc.
  • KCF Technologies
  • Mitsubishi Electric Corporation
  • Mouser Electronics, Inc.
  • Qualitrol Company LLC
  • Rockwell Automation, Inc.
  • RS Components & Controls (I) Ltd.
  • Schneider Electric
  • Siemens
  • T.F. Hudgins Incorporated