Machine Condition Monitoring Market Size & Share, Demand Analysis, Trends, Growth Forecast to 2030

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Market Segmentation

Machine Condition Monitoring Market, By Technique (2020-2030)

Torque Monitoring
Vibration Monitoring
Oil Analysis
Thermography
Corrosion Monitoring
Others

Machine Condition Monitoring Market, By Component (2020-2030)

Hardware
Portable or monitoring-condition monitoring units
Software
Services

Machine Condition Monitoring Market, By Product Type (2020-2030)

Valves
Compressors
Turbines
Gearbox
Motors
Bearings
Couplings
Others

Machine Condition Monitoring Market, By Application (2020-2030)

HVAC Systems
Turbines & Generators
Material Handling
Conveyors
Pump Systems
Sprockets
Bushings and Hubs
Control Cabinet Monitoring
Paper Presses
Storage Rooms
Motor Control
Lubricant Level Monitoring on CNC Machines
Others

Machine Condition Monitoring Market, By Architecture Type (2020-2030)

Public Cloud
Edge Platform
Hybrid Cloud
On-premises
By Plant Type
Greenfield Plant
Brownfield Plant

Machine Condition Monitoring Market, By Monitoring Process (2020-2030)

Online Condition Monitoring
Portable Condition Monitoring

Machine Condition Monitoring Market, By End-use Industry (2020-2030)

Mining
Primary Metals
Power Generation
Automotive
Oil & Gas
Aerospace
Food and Beverages
Chemicals
Marine
Pharmaceutical
Pulp and Paper
Others

Regional Machine Condition Monitoring Market

North America
1. North America Machine Condition Monitoring Market, By Technique
  1. Torque Monitoring
  2. Vibration Monitoring
  3. Oil Analysis
  4. Thermography
  5. Corrosion Monitoring
  6. Others
2. North America Machine Condition Monitoring Market, By Component
  1. Hardware
  2. Portable or monitoring-condition monitoring units
  3. Software
  4. Services
3. North America Machine Condition Monitoring Market, By Product Type
  1. Valves
  2. Compressors
  3. Turbines
  4. Gearbox
  5. Motors
  6. Bearings
  7. Couplings
  8. Others
4. North America Machine Condition Monitoring Market, By Application
  1. HVAC Systems
  2. Turbines & Generators
  3. Material Handling
  4. Conveyors
  5. Pump Systems
  6. Sprockets
  7. Bushings and Hubs
  8. Control Cabinet Monitoring
  9. Paper Presses
  10. Storage Rooms
  11. Motor Control
  12. Lubricant Level Monitoring on CNC Machines
  13. Others
5. North America Machine Condition Monitoring Market, By Architecture Type
  1. Public Cloud
  2. Edge Platform
  3. Hybrid Cloud
  4. On-premises
  5. By Plant Type
  6. Greenfield Plant
  7. Brownfield Plant
6. North America Machine Condition Monitoring Market, By Monitoring Process
  1. Online Condition Monitoring
  2. Portable Condition Monitoring
7. North America Machine Condition Monitoring Market, By End-use Industry
  1. Mining
  2. Primary Metals
  3. Power Generation
  4. Automotive
  5. Oil & Gas
  6. Aerospace
  7. Food and Beverages
  8. Chemicals
  9. Marine
  10. Pharmaceutical
  11. Pulp and Paper
  12. Others
8. U.S.
  1. U.S. Machine Condition Monitoring Market, By Technique
    1. Torque Monitoring
    2. Vibration Monitoring
    3. Oil Analysis
    4. Thermography
    5. Corrosion Monitoring
    6. Others
  2. U.S. Machine Condition Monitoring Market, By Component
    1. Hardware
    2. Portable or monitoring-condition monitoring units
    3. Software
    4. Services
  3. U.S. Machine Condition Monitoring Market, By Product Type
    1. Valves
    2. Compressors
    3. Turbines
    4. Gearbox
    5. Motors
    6. Bearings
    7. Couplings
    8. Others
  4. U.S. Machine Condition Monitoring Market, By Application
    1. HVAC Systems
    2. Turbines & Generators
    3. Material Handling
    4. Conveyors
    5. Pump Systems
    6. Sprockets
    7. Bushings and Hubs
    8. Control Cabinet Monitoring
    9. Paper Presses
    10. Storage Rooms
    11. Motor Control
    12. Lubricant Level Monitoring on CNC Machines
    13. Others
  5. U.S. Machine Condition Monitoring Market, By Architecture Type
    1. Public Cloud
    2. Edge Platform
    3. Hybrid Cloud
    4. On-premises
    5. By Plant Type
    6. Greenfield Plant
    7. Brownfield Plant
  6. U.S. Machine Condition Monitoring Market, By Monitoring Process
    1. Online Condition Monitoring
    2. Portable Condition Monitoring
  7. U.S. Machine Condition Monitoring Market, By End-use Industry
    1. Mining
    2. Primary Metals
    3. Power Generation
    4. Automotive
    5. Oil & Gas
    6. Aerospace
    7. Food and Beverages
    8. Chemicals
    9. Marine
    10. Pharmaceutical
    11. Pulp and Paper
    12. Others
9. Canada
Europe
1. Europe Machine Condition Monitoring Market, By Technique
  1. Torque Monitoring
  2. Vibration Monitoring
  3. Oil Analysis
  4. Thermography
  5. Corrosion Monitoring
  6. Others
2. Europe Machine Condition Monitoring Market, By Component
  1. Hardware
  2. Portable or monitoring-condition monitoring units
  3. Software
  4. Services
3. Europe Machine Condition Monitoring Market, By Product Type
  1. Valves
  2. Compressors
  3. Turbines
  4. Gearbox
  5. Motors
  6. Bearings
  7. Couplings
  8. Others
4. Europe Machine Condition Monitoring Market, By Application
  1. HVAC Systems
  2. Turbines & Generators
  3. Material Handling
  4. Conveyors
  5. Pump Systems
  6. Sprockets
  7. Bushings and Hubs
  8. Control Cabinet Monitoring
  9. Paper Presses
  10. Storage Rooms
  11. Motor Control
  12. Lubricant Level Monitoring on CNC Machines
  13. Others
5. Europe Machine Condition Monitoring Market, By Architecture Type
  1. Public Cloud
  2. Edge Platform
  3. Hybrid Cloud
  4. On-premises
  5. By Plant Type
  6. Greenfield Plant
  7. Brownfield Plant
6. Europe Machine Condition Monitoring Market, By Monitoring Process
  1. Online Condition Monitoring
  2. Portable Condition Monitoring
7. Europe Machine Condition Monitoring Market, By End-use Industry
  1. Mining
  2. Primary Metals
  3. Power Generation
  4. Automotive
  5. Oil & Gas
  6. Aerospace
  7. Food and Beverages
  8. Chemicals
  9. Marine
  10. Pharmaceutical
  11. Pulp and Paper
  12. Others
8. U.K.
  1. U.K. Machine Condition Monitoring Market, By Technique
    1. Torque Monitoring
    2. Vibration Monitoring
    3. Oil Analysis
    4. Thermography
    5. Corrosion Monitoring
    6. Others
  2. U.K. Machine Condition Monitoring Market, By Component
    1. Hardware
    2. Portable or monitoring-condition monitoring units
    3. Software
    4. Services
  3. U.K. Machine Condition Monitoring Market, By Product Type
    1. Valves
    2. Compressors
    3. Turbines
    4. Gearbox
    5. Motors
    6. Bearings
    7. Couplings
    8. Others
  4. U.K. Machine Condition Monitoring Market, By Application
    1. HVAC Systems
    2. Turbines & Generators
    3. Material Handling
    4. Conveyors
    5. Pump Systems
    6. Sprockets
    7. Bushings and Hubs
    8. Control Cabinet Monitoring
    9. Paper Presses
    10. Storage Rooms
    11. Motor Control
    12. Lubricant Level Monitoring on CNC Machines
    13. Others
  5. U.K. Machine Condition Monitoring Market, By Architecture Type
    1. Public Cloud
    2. Edge Platform
    3. Hybrid Cloud
    4. On-premises
    5. By Plant Type
    6. Greenfield Plant
    7. Brownfield Plant
  6. U.K. Machine Condition Monitoring Market, By Monitoring Process
    1. Online Condition Monitoring
    2. Portable Condition Monitoring
  7. U.K. Machine Condition Monitoring Market, By End-use Industry
    1. Mining
    2. Primary Metals
    3. Power Generation
    4. Automotive
    5. Oil & Gas
    6. Aerospace
    7. Food and Beverages
    8. Chemicals
    9. Marine
    10. Pharmaceutical
    11. Pulp and Paper
    12. Others
9. Germany
10. France
11. Spain
12. Italy
13. Russia
14. Nordic
15. Benelux
16. Rest of Europe
APAC
1. APAC Machine Condition Monitoring Market, By Technique
  1. Torque Monitoring
  2. Vibration Monitoring
  3. Oil Analysis
  4. Thermography
  5. Corrosion Monitoring
  6. Others
2. APAC Machine Condition Monitoring Market, By Component
  1. Hardware
  2. Portable or monitoring-condition monitoring units
  3. Software
  4. Services
3. APAC Machine Condition Monitoring Market, By Product Type
  1. Valves
  2. Compressors
  3. Turbines
  4. Gearbox
  5. Motors
  6. Bearings
  7. Couplings
  8. Others
4. APAC Machine Condition Monitoring Market, By Application
  1. HVAC Systems
  2. Turbines & Generators
  3. Material Handling
  4. Conveyors
  5. Pump Systems
  6. Sprockets
  7. Bushings and Hubs
  8. Control Cabinet Monitoring
  9. Paper Presses
  10. Storage Rooms
  11. Motor Control
  12. Lubricant Level Monitoring on CNC Machines
  13. Others
5. APAC Machine Condition Monitoring Market, By Architecture Type
  1. Public Cloud
  2. Edge Platform
  3. Hybrid Cloud
  4. On-premises
  5. By Plant Type
  6. Greenfield Plant
  7. Brownfield Plant
6. APAC Machine Condition Monitoring Market, By Monitoring Process
  1. Online Condition Monitoring
  2. Portable Condition Monitoring
7. APAC Machine Condition Monitoring Market, By End-use Industry
  1. Mining
  2. Primary Metals
  3. Power Generation
  4. Automotive
  5. Oil & Gas
  6. Aerospace
  7. Food and Beverages
  8. Chemicals
  9. Marine
  10. Pharmaceutical
  11. Pulp and Paper
  12. Others
8. China
  1. China Machine Condition Monitoring Market, By Technique
    1. Torque Monitoring
    2. Vibration Monitoring
    3. Oil Analysis
    4. Thermography
    5. Corrosion Monitoring
    6. Others
  2. China Machine Condition Monitoring Market, By Component
    1. Hardware
    2. Portable or monitoring-condition monitoring units
    3. Software
    4. Services
  3. China Machine Condition Monitoring Market, By Product Type
    1. Valves
    2. Compressors
    3. Turbines
    4. Gearbox
    5. Motors
    6. Bearings
    7. Couplings
    8. Others
  4. China Machine Condition Monitoring Market, By Application
    1. HVAC Systems
    2. Turbines & Generators
    3. Material Handling
    4. Conveyors
    5. Pump Systems
    6. Sprockets
    7. Bushings and Hubs
    8. Control Cabinet Monitoring
    9. Paper Presses
    10. Storage Rooms
    11. Motor Control
    12. Lubricant Level Monitoring on CNC Machines
    13. Others
  5. China Machine Condition Monitoring Market, By Architecture Type
    1. Public Cloud
    2. Edge Platform
    3. Hybrid Cloud
    4. On-premises
    5. By Plant Type
    6. Greenfield Plant
    7. Brownfield Plant
  6. China Machine Condition Monitoring Market, By Monitoring Process
    1. Online Condition Monitoring
    2. Portable Condition Monitoring
  7. China Machine Condition Monitoring Market, By End-use Industry
    1. Mining
    2. Primary Metals
    3. Power Generation
    4. Automotive
    5. Oil & Gas
    6. Aerospace
    7. Food and Beverages
    8. Chemicals
    9. Marine
    10. Pharmaceutical
    11. Pulp and Paper
    12. Others
9. Korea
10. Japan
11. India
12. Australia
13. Taiwan
14. South East Asia
15. Rest of Asia-Pacific
Middle East and Africa
1. Middle East and Africa Machine Condition Monitoring Market, By Technique
  1. Torque Monitoring
  2. Vibration Monitoring
  3. Oil Analysis
  4. Thermography
  5. Corrosion Monitoring
  6. Others
2. Middle East and Africa Machine Condition Monitoring Market, By Component
  1. Hardware
  2. Portable or monitoring-condition monitoring units
  3. Software
  4. Services
3. Middle East and Africa Machine Condition Monitoring Market, By Product Type
  1. Valves
  2. Compressors
  3. Turbines
  4. Gearbox
  5. Motors
  6. Bearings
  7. Couplings
  8. Others
4. Middle East and Africa Machine Condition Monitoring Market, By Application
  1. HVAC Systems
  2. Turbines & Generators
  3. Material Handling
  4. Conveyors
  5. Pump Systems
  6. Sprockets
  7. Bushings and Hubs
  8. Control Cabinet Monitoring
  9. Paper Presses
  10. Storage Rooms
  11. Motor Control
  12. Lubricant Level Monitoring on CNC Machines
  13. Others
5. Middle East and Africa Machine Condition Monitoring Market, By Architecture Type
  1. Public Cloud
  2. Edge Platform
  3. Hybrid Cloud
  4. On-premises
  5. By Plant Type
  6. Greenfield Plant
  7. Brownfield Plant
6. Middle East and Africa Machine Condition Monitoring Market, By Monitoring Process
  1. Online Condition Monitoring
  2. Portable Condition Monitoring
7. Middle East and Africa Machine Condition Monitoring Market, By End-use Industry
  1. Mining
  2. Primary Metals
  3. Power Generation
  4. Automotive
  5. Oil & Gas
  6. Aerospace
  7. Food and Beverages
  8. Chemicals
  9. Marine
  10. Pharmaceutical
  11. Pulp and Paper
  12. Others
8. UAE
  1. UAE Machine Condition Monitoring Market, By Technique
    1. Torque Monitoring
    2. Vibration Monitoring
    3. Oil Analysis
    4. Thermography
    5. Corrosion Monitoring
    6. Others
  2. UAE Machine Condition Monitoring Market, By Component
    1. Hardware
    2. Portable or monitoring-condition monitoring units
    3. Software
    4. Services
  3. UAE Machine Condition Monitoring Market, By Product Type
    1. Valves
    2. Compressors
    3. Turbines
    4. Gearbox
    5. Motors
    6. Bearings
    7. Couplings
    8. Others
  4. UAE Machine Condition Monitoring Market, By Application
    1. HVAC Systems
    2. Turbines & Generators
    3. Material Handling
    4. Conveyors
    5. Pump Systems
    6. Sprockets
    7. Bushings and Hubs
    8. Control Cabinet Monitoring
    9. Paper Presses
    10. Storage Rooms
    11. Motor Control
    12. Lubricant Level Monitoring on CNC Machines
    13. Others
  5. UAE Machine Condition Monitoring Market, By Architecture Type
    1. Public Cloud
    2. Edge Platform
    3. Hybrid Cloud
    4. On-premises
    5. By Plant Type
    6. Greenfield Plant
    7. Brownfield Plant
  6. UAE Machine Condition Monitoring Market, By Monitoring Process
    1. Online Condition Monitoring
    2. Portable Condition Monitoring
  7. UAE Machine Condition Monitoring Market, By End-use Industry
    1. Mining
    2. Primary Metals
    3. Power Generation
    4. Automotive
    5. Oil & Gas
    6. Aerospace
    7. Food and Beverages
    8. Chemicals
    9. Marine
    10. Pharmaceutical
    11. Pulp and Paper
    12. Others
9. Turkey
10. Saudi Arabia
11. South Africa
12. Egypt
13. Nigeria
14. Rest of MEA
LATAM
1. LATAM Machine Condition Monitoring Market, By Technique
  1. Torque Monitoring
  2. Vibration Monitoring
  3. Oil Analysis
  4. Thermography
  5. Corrosion Monitoring
  6. Others
2. LATAM Machine Condition Monitoring Market, By Component
  1. Hardware
  2. Portable or monitoring-condition monitoring units
  3. Software
  4. Services
3. LATAM Machine Condition Monitoring Market, By Product Type
  1. Valves
  2. Compressors
  3. Turbines
  4. Gearbox
  5. Motors
  6. Bearings
  7. Couplings
  8. Others
4. LATAM Machine Condition Monitoring Market, By Application
  1. HVAC Systems
  2. Turbines & Generators
  3. Material Handling
  4. Conveyors
  5. Pump Systems
  6. Sprockets
  7. Bushings and Hubs
  8. Control Cabinet Monitoring
  9. Paper Presses
  10. Storage Rooms
  11. Motor Control
  12. Lubricant Level Monitoring on CNC Machines
  13. Others
5. LATAM Machine Condition Monitoring Market, By Architecture Type
  1. Public Cloud
  2. Edge Platform
  3. Hybrid Cloud
  4. On-premises
  5. By Plant Type
  6. Greenfield Plant
  7. Brownfield Plant
6. LATAM Machine Condition Monitoring Market, By Monitoring Process
  1. Online Condition Monitoring
  2. Portable Condition Monitoring
7. LATAM Machine Condition Monitoring Market, By End-use Industry
  1. Mining
  2. Primary Metals
  3. Power Generation
  4. Automotive
  5. Oil & Gas
  6. Aerospace
  7. Food and Beverages
  8. Chemicals
  9. Marine
  10. Pharmaceutical
  11. Pulp and Paper
  12. Others
8. Brazil
  1. Brazil Machine Condition Monitoring Market, By Technique
    1. Torque Monitoring
    2. Vibration Monitoring
    3. Oil Analysis
    4. Thermography
    5. Corrosion Monitoring
    6. Others
  2. Brazil Machine Condition Monitoring Market, By Component
    1. Hardware
    2. Portable or monitoring-condition monitoring units
    3. Software
    4. Services
  3. Brazil Machine Condition Monitoring Market, By Product Type
    1. Valves
    2. Compressors
    3. Turbines
    4. Gearbox
    5. Motors
    6. Bearings
    7. Couplings
    8. Others
  4. Brazil Machine Condition Monitoring Market, By Application
    1. HVAC Systems
    2. Turbines & Generators
    3. Material Handling
    4. Conveyors
    5. Pump Systems
    6. Sprockets
    7. Bushings and Hubs
    8. Control Cabinet Monitoring
    9. Paper Presses
    10. Storage Rooms
    11. Motor Control
    12. Lubricant Level Monitoring on CNC Machines
    13. Others
  5. Brazil Machine Condition Monitoring Market, By Architecture Type
    1. Public Cloud
    2. Edge Platform
    3. Hybrid Cloud
    4. On-premises
    5. By Plant Type
    6. Greenfield Plant
    7. Brownfield Plant
  6. Brazil Machine Condition Monitoring Market, By Monitoring Process
    1. Online Condition Monitoring
    2. Portable Condition Monitoring
  7. Brazil Machine Condition Monitoring Market, By End-use Industry
    1. Mining
    2. Primary Metals
    3. Power Generation
    4. Automotive
    5. Oil & Gas
    6. Aerospace
    7. Food and Beverages
    8. Chemicals
    9. Marine
    10. Pharmaceutical
    11. Pulp and Paper
    12. Others
9. Mexico
10. Argentina
11. Chile
12. Colombia
13. Rest of LATAM

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The global machine health monitoring market size was valued at USD 2.40 billion in 2021. It is estimated to reach USD 5.71 billion by 2030, growing at a CAGR of 10.1% during the forecast period (2022–2030) and most of the manufacturing sectors

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