Motor Monitoring Market

Motor monitoring is a technology used to keep track of the performance of motor vehicles. It can be used to diagnose and rectify faults in the engine, transmission, or other systems. Motor monitoring can also help drivers avoid accidents by warning them when their vehicle is about to overheat, lose oil, or suffer from other mechanical problems.

Motor condition monitoring sensors are used for all types of rotating equipment, implementing detection practices such as motor vibration monitoring, temperature monitoring, vibration monitoring, and more.It provides comprehensive and systematic methods such as energy cost optimization, safety aspects, and improving the operating and maintenance practices of industrial systems. It also helps with energy cost availability, decisions on energy mix, power conservation, and reliable energy supply.

The market has been segmented on the basis of type, application, and region. By type, the market is divided into engine monitoring and brake monitoring. By application, the market is divided into automotive, industrial, and heavy equipment. The motor monitoring market is witnessing growing adoption owing to the increasing awareness of the importance of safety and compliance issues in this domain. In addition, improvements in technology have led to increased use of analytics for the detection of potential faults in motors.

The global motor monitoring market is expected to grow at a CAGR of around **% during the forecast period of 2019–2031. This growth can be attributed to increasing awareness about the importance of safety and compliance issues in this domain, as well as improved technological capabilities leading to increased use of analytics for the detection of potential faults in motor vehicles.

Some of the key players in the motor monitoring market are ABB Group, Siemens AG, Honeywell International Inc., National Instruments Corporation, and General Electric Company.