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Motor Monitoring Market – Forecast, 2020-2027

The significant factors contributing to the growth of the global motor monitoring market include the rising demand for thermal imaging applications and the increasing popularity of wireless technologies in the industrial sector. In the technically advanced business landscape, wireless technologies gain traction among various industries, such as oil & gas, chemicals, automotive, and other industries. <br><br>Visit: https://www.gmiresearch.com/report/motor-monitoring-market/

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Motor Monitoring Market – Forecast, 2020-2027

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  1. Report Title Motor Monitoring Market – Global Opportunities and Forecast, 2020-2027 GMI Research GMI Research See the Future Insights 1

  2. The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study. Key Drivers of the Motor Monitoring Market: The significant factors contributing to the growth of the global motor monitoring market include the rising demand for thermal imaging applications and the increasing popularity of wireless technologies in the industrial sector. In the technically advanced business landscape, wireless technologies gain traction among various industries, such as oil & gas, chemicals, automotive, and other industries. Several industries have started deploying wireless technologies as it is easy and cheap to build a device with wireless communication specialization. Predictive maintenance has been accepted by industries worldwide. Locating, defining, and acting on potential problems before they become disasters is the primary objective of a predictive maintenance program. Moreover, routine monitoring is the most-effective tactic for identifying potential areas and can promote invaluable follow- up inspections. Various issues could be rectified through inspections with the appropriate equipment, thus avoiding critical downtime and safeguarding more- efficient operations. Therefore, the motor monitoring process allows plant managers to monitor down-time, improve plant operations, and identify poor performing equipment. Additionally, the rapid advancement in the motor monitoring process through wireless technologies is further propelling the growth of the market. This report splits the Motor Monitoring Market as follows: By Offering: •Hardware o Vibration Sensors o Infrared Sensors o Corrosion Probes 2

  3. o Ultrasound Detectors o Spectrum Analyzers o Others •Software By Monitoring Process: •Online •Portable By Deployment: •On-Premises •Cloud By Industry: •Metals & Mining •Oil & Gas •Power Generation •Water & Wastewater •Food & Beverages •Chemicals •Automotive •Aerospace & Defense •Others (Agriculture and Electronics & Semiconductor) By Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance 3

  4. oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) Competitive Landscape: The motor monitoring market report also scans the competitive landscape and profiles the major players operating in the market including ABB Ltd., Banner Engineering Corporation, National Instruments Corporation, Emerson Electric Company, SKF AB, Honeywell International Inc, General Electric Company, Schneider Electric SE, Mitsubishi Electric Corporation, and Rockwell Automation Inc, among others. About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 4

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