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Europe Motor Monitoring Market Size, Share & Industry Trends Analysis Report By Offering (Hardware, Software, and Services), By End User, By Monitoring Process, By Deployment, By Country and Growth Forecast, 2021-2027

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    Report

  • 115 Pages
  • February 2022
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5571096
The Europe Motor Monitoring Market is expected to 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 is expected to 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 is expected to 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 is expected to 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.

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
  • On-premise
  • Cloud

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

Unique Offerings from the Publisher


  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

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:

Companies Mentioned

  • 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

Methodology

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