Equipment Monitoring Market Size, Share, and Outlook, 2025 Report- By Type (Vibration Monitoring, Thermal Monitoring, Lubrication Monitoring, Corrosion Monitoring, Others), By Deployment (On-premise, Cloud-based), By End-User (Oil & Gas, Aerospace & Defen

Equipment Monitoring Market Outlook
The Equipment Monitoring Market size is expected to register a growth rate of 6.2% during the forecast period from $4.95 Billion in 2025 to $7.5 Billion in 2032. The Equipment Monitoring market is a thriving business that is poised to keep growing and presents potential growth opportunities for companies across the industry value chain.
The comprehensive market research report presents 12-year historic and forecast data on Equipment Monitoring segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Vibration Monitoring, Thermal Monitoring, Lubrication Monitoring, Corrosion Monitoring, Others), By Deployment (On-premise, Cloud-based), By End-User (Oil & Gas, Aerospace & Defense, Building and Construction, Semiconductor & Electronics, Metals & Mining, Chemicals, Automotive & Marine, Food & Beverages, Others), By Monitoring Process (Online, Portable). Over 70 tables and charts showcase findings from our latest survey report on Equipment Monitoring markets.

Equipment Monitoring Market Insights, 2025
The equipment monitoring market is evolving rapidly with the integration of IoT sensors, AI-driven predictive maintenance, and real-time analytics in industrial operations. Companies across manufacturing, energy, healthcare, and transportation are leveraging smart monitoring solutions to minimize downtime, optimize asset utilization, and enhance operational efficiency. Wireless condition monitoring systems, coupled with machine learning algorithms, are enabling early detection of equipment failures and anomalies. The adoption of cloud-based asset monitoring platforms is increasing, providing remote diagnostics and automated alerts to maintenance teams. As industries embrace digital transformation, equipment monitoring solutions are becoming a cornerstone of Industry 4.0 and smart factory initiatives.

Five Trends that will define global Equipment Monitoring market in 2025 and Beyond
A closer look at the multi-million market for Equipment Monitoring identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Equipment Monitoring companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future. The impact of tariffs by the US administration also significantly impact the profitability of Equipment Monitoring vendors.

What are the biggest opportunities for growth in the Equipment Monitoring industry?
The Equipment Monitoring sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Equipment Monitoring Market Segment Insights
The Equipment Monitoring industry presents strong offers across categories. The analytical report offers forecasts of Equipment Monitoring industry performance across segments and countries. Key segments in the industry include- By Type (Vibration Monitoring, Thermal Monitoring, Lubrication Monitoring, Corrosion Monitoring, Others), By Deployment (On-premise, Cloud-based), By End-User (Oil & Gas, Aerospace & Defense, Building and Construction, Semiconductor & Electronics, Metals & Mining, Chemicals, Automotive & Marine, Food & Beverages, Others), By Monitoring Process (Online, Portable). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.
Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Equipment Monitoring market size outlook is provided for 22 countries across these regions.

Market Value Chain
The chapter identifies potential companies and their operations across the global Equipment Monitoring industry ecosystem. It assists decision-makers in evaluating global Equipment Monitoring market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts
Strategic decision-making in the Equipment Monitoring industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Equipment Monitoring Market Analysis- A Promising Growth Arena for Business Expansion
As companies increasingly expand across promising Asia Pacific markets with over 4.5 billion population, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Equipment Monitoring Industry 2025- Focus on Accelerating Competitiveness
As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Equipment Monitoring with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Equipment Monitoring market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Equipment Monitoring market Insights- Vendors are exploring new opportunities within the US Equipment Monitoring industry.
Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Equipment Monitoring companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Equipment Monitoring market.

Latin American Equipment Monitoring market outlook rebounds in line with economic growth.
Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported in Q1 -2025 and the prospects remain strong for rest of 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Equipment Monitoring Markets- New Opportunities for Companies Harnessing Diversity
Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Equipment Monitoring markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Equipment Monitoring markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Equipment Monitoring companies outcompete in 2025?
The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Emerson Electric, General Electric, Honeywell, National Instruments, Parker-Hannifin, PRUFTECHNIK, Rockwell Automation, Siemens, SKF, Yokogawa.

Equipment Monitoring Market Segmentation

By Type
Vibration Monitoring
Thermal Monitoring
Lubrication Monitoring
Corrosion Monitoring
Others

By Deployment
On-premise
Cloud-based

By End-User
Oil & Gas
Aerospace & Defense
Building and Construction
Semiconductor & Electronics
Metals & Mining
Chemicals
Automotive & Marine
Food & Beverages
Others

By Monitoring Process
Online
Portable

Leading Companies
Emerson Electric
General Electric
Honeywell
National Instruments
Parker-Hannifin
PRUFTECHNIK
Rockwell Automation
Siemens
SKF
Yokogawa

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
• Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
• Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
• Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
• Get free Excel spreadsheet and PPT versions along with the report PDF.