The Latin America, Middle East and Africa Motor Monitoring Market would witness market growth of 8.8% CAGR during the forecast period (2021-2027).
Moreover, radiation analysis leverages radiation imaging in order to examine the insides of the motor and its components. This is one of the most complete non-destructive testing methods available. Radiation analysis examines the rate of absorption of radiation prevailing in the material under investigation. Internal defects like rust may be undetected by the human eye. These imperfections absorb different amounts of radiation, making them detectable. On the other hand, Laser interferometers can be applied in any application that requires precise measurements. This approach uses a beam splitter to measure the wave displacement of two laser beams, which can detect faults in both, the surface as well as subsurface of various materials. Amplitude-splitting and wavefront splitting laser interferometers are two types of laser interferometers.
There are a lot of oil exporters that are operating in this region, owing to this, various other countries are importing substantial amounts of oil from these exporters. Various key market players in this region are determined to offer more oil intending to meet the requirements of their customers. Due to this, the number of oil mining activities is rising across this region. According to the United States Energy Information Administration, in 2020, Saudi Arabia holds approximately 15% of the oil reserves that are existing across the world. In addition, the oil production capacity of this country is nearly 12 million barrels per day. Additionally, the oil export of the country is recorded to be 70% of the overall export of the country.
Owing to the increased mining activities, the demand for time-efficient and effective monitoring solutions for the motors, that are operating the heavy machineries, is increasing. Therefore, the growth of the regional market is expected to incline.
The Brazil market dominated the LAMEA Motor Monitoring Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $62 million by 2027. The Argentina market is exhibiting a CAGR of 9.4% during (2021 - 2027). Additionally, The UAE market would display a CAGR of 8.5% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Motor Monitoring Market is Predict to reach $3.1 Billion by 2027, at a CAGR of 7.3%
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
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Motor Monitoring Market, by Offering
1.4.2 LAMEA Motor Monitoring Market, by End User
1.4.3 LAMEA Motor Monitoring Market, by Monitoring Process
1.4.4 LAMEA Motor Monitoring Market, by Deployment
1.4.5 LAMEA 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. LAMEA Motor Monitoring Market by Offering
4.1 LAMEA Hardware Market by Country
4.2 LAMEA Software Market by Country
4.3 LAMEA Services Market by Country
Chapter 5. LAMEA Motor Monitoring Market by End User
5.1 LAMEA Oil & Gas Market by Country
5.2 LAMEA Aerospace & Defense Market by Country
5.3 LAMEA Power Generation Market by Country
5.4 LAMEA Water & wastewater Treatment Market by Country
5.5 LAMEA Chemical Market by Country
5.6 LAMEA Food & Beverages Market by Country
5.7 LAMEA Metals & Mining Market by Country
5.8 LAMEA Other End User Market by Country
Chapter 6. LAMEA Motor Monitoring Market by Monitoring Process
6.1 LAMEA Online Market by Country
6.2 LAMEA Offline/Portable Market by Country
Chapter 7. LAMEA Motor Monitoring Market by Deployment
7.1 LAMEA On-premise Market by Country
7.2 LAMEA Cloud Market by Country
Chapter 8. LAMEA Motor Monitoring Market by Country
8.1 Brazil Motor Monitoring Market
8.1.1 Brazil Motor Monitoring Market by Offering
8.1.2 Brazil Motor Monitoring Market by End User
8.1.3 Brazil Motor Monitoring Market by Monitoring Process
8.1.4 Brazil Motor Monitoring Market by Deployment
8.2 Argentina Motor Monitoring Market
8.2.1 Argentina Motor Monitoring Market by Offering
8.2.2 Argentina Motor Monitoring Market by End User
8.2.3 Argentina Motor Monitoring Market by Monitoring Process
8.2.4 Argentina Motor Monitoring Market by Deployment
8.3 UAE Motor Monitoring Market
8.3.1 UAE Motor Monitoring Market by Offering
8.3.2 UAE Motor Monitoring Market by End User
8.3.3 UAE Motor Monitoring Market by Monitoring Process
8.3.4 UAE Motor Monitoring Market by Deployment
8.4 Saudi Arabia Motor Monitoring Market
8.4.1 Saudi Arabia Motor Monitoring Market by Offering
8.4.2 Saudi Arabia Motor Monitoring Market by End User
8.4.3 Saudi Arabia Motor Monitoring Market by Monitoring Process
8.4.4 Saudi Arabia Motor Monitoring Market by Deployment
8.5 South Africa Motor Monitoring Market
8.5.1 South Africa Motor Monitoring Market by Offering
8.5.2 South Africa Motor Monitoring Market by End User
8.5.3 South Africa Motor Monitoring Market by Monitoring Process
8.5.4 South Africa Motor Monitoring Market by Deployment
8.6 Nigeria Motor Monitoring Market
8.6.1 Nigeria Motor Monitoring Market by Offering
8.6.2 Nigeria Motor Monitoring Market by End User
8.6.3 Nigeria Motor Monitoring Market by Monitoring Process
8.6.4 Nigeria Motor Monitoring Market by Deployment
8.7 Rest of LAMEA Motor Monitoring Market
8.7.1 Rest of LAMEA Motor Monitoring Market by Offering
8.7.2 Rest of LAMEA Motor Monitoring Market by End User
8.7.3 Rest of LAMEA Motor Monitoring Market by Monitoring Process
8.7.4 Rest of LAMEA 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:
TABLE 1 LAMEA Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Motor Monitoring Market
TABLE 4 Product Launches And Product Expansions– Motor Monitoring Market
TABLE 5 Acquisition and Mergers– Motor Monitoring Market
TABLE 6 LAMEA Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 7 LAMEA Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 8 LAMEA Hardware Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Hardware Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Software Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Software Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Services Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA Services Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 15 LAMEA Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 16 LAMEA Oil & Gas Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Oil & Gas Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Aerospace & Defense Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA Aerospace & Defense Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Power Generation Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Power Generation Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Water & wastewater Treatment Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Water & wastewater Treatment Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA Chemical Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA Chemical Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA Food & Beverages Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Food & Beverages Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Metals & Mining Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Metals & Mining Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Other End User Market by Country, 2017 - 2020, USD Million
TABLE 31 LAMEA Other End User Market by Country, 2021 - 2027, USD Million
TABLE 32 LAMEA Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 33 LAMEA Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 34 LAMEA Online Market by Country, 2017 - 2020, USD Million
TABLE 35 LAMEA Online Market by Country, 2021 - 2027, USD Million
TABLE 36 LAMEA Offline/Portable Market by Country, 2017 - 2020, USD Million
TABLE 37 LAMEA Offline/Portable Market by Country, 2021 - 2027, USD Million
TABLE 38 LAMEA Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 39 LAMEA Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 40 LAMEA On-premise Market by Country, 2017 - 2020, USD Million
TABLE 41 LAMEA On-premise Market by Country, 2021 - 2027, USD Million
TABLE 42 LAMEA Cloud Market by Country, 2017 - 2020, USD Million
TABLE 43 LAMEA Cloud Market by Country, 2021 - 2027, USD Million
TABLE 44 LAMEA Motor Monitoring Market by Country, 2017 - 2020, USD Million
TABLE 45 LAMEA Motor Monitoring Market by Country, 2021 - 2027, USD Million
TABLE 46 Brazil Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 47 Brazil Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 48 Brazil Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 49 Brazil Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 50 Brazil Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 51 Brazil Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 52 Brazil Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 53 Brazil Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 54 Brazil Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 55 Brazil Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 56 Argentina Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 57 Argentina Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 58 Argentina Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 59 Argentina Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 60 Argentina Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 61 Argentina Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 62 Argentina Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 63 Argentina Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 64 Argentina Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 65 Argentina Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 66 UAE Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 67 UAE Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 68 UAE Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 69 UAE Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 70 UAE Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 71 UAE Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 72 UAE Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 73 UAE Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 74 UAE Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 75 UAE Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 76 Saudi Arabia Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 77 Saudi Arabia Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 78 Saudi Arabia Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 79 Saudi Arabia Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 80 Saudi Arabia Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 81 Saudi Arabia Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 82 Saudi Arabia Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 83 Saudi Arabia Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 84 Saudi Arabia Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 85 Saudi Arabia Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 86 South Africa Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 87 South Africa Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 88 South Africa Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 89 South Africa Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 90 South Africa Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 91 South Africa Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 92 South Africa Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 93 South Africa Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 94 South Africa Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 95 South Africa Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 96 Nigeria Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 97 Nigeria Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 98 Nigeria Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 99 Nigeria Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 100 Nigeria Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 101 Nigeria Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 102 Nigeria Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 103 Nigeria Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 104 Nigeria Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 105 Nigeria Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 106 Rest of LAMEA Motor Monitoring Market, 2017 - 2020, USD Million
TABLE 107 Rest of LAMEA Motor Monitoring Market, 2021 - 2027, USD Million
TABLE 108 Rest of LAMEA Motor Monitoring Market by Offering, 2017 - 2020, USD Million
TABLE 109 Rest of LAMEA Motor Monitoring Market by Offering, 2021 - 2027, USD Million
TABLE 110 Rest of LAMEA Motor Monitoring Market by End User, 2017 - 2020, USD Million
TABLE 111 Rest of LAMEA Motor Monitoring Market by End User, 2021 - 2027, USD Million
TABLE 112 Rest of LAMEA Motor Monitoring Market by Monitoring Process, 2017 - 2020, USD Million
TABLE 113 Rest of LAMEA Motor Monitoring Market by Monitoring Process, 2021 - 2027, USD Million
TABLE 114 Rest of LAMEA Motor Monitoring Market by Deployment, 2017 - 2020, USD Million
TABLE 115 Rest of LAMEA Motor Monitoring Market by Deployment, 2021 - 2027, USD Million
TABLE 116 Key Information – ABB Group
TABLE 117 Key information – Honeywell International, Inc.
TABLE 118 Key information – Schneider Electric SE
TABLE 119 Key Information – Emerson Electric Co.
TABLE 120 key information – Mitsubishi Electric Corporation
TABLE 121 Key Information – Siemens AG
TABLE 122 Key information – Rockwell Automation, Inc.
TABLE 123 Key Information – General Electric (GE) Co.
TABLE 124 Key Information – National Instruments Corporation
TABLE 125 Key Information – Banner Engineering Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Oct – 2022, Feb) Leading Players
FIG 5 Recent strategies and developments: Honeywell International, Inc.
FIG 6 Recent strategies and developments: Schneider Electric SE
FIG 7 Recent Strategies and Development: Motor Monitoring Market