

Machine Protection Systems (MPS) refer to a category of systems and technologies designed to safeguard machinery and equipment from various forms of damage, malfunctions, or operational failures. These systems are crucial in industrial settings where the proper functioning of machines is essential for maintaining productivity, ensuring safety, and preventing costly downtime. Machine Protection Systems employ sensors, monitoring devices, and control mechanisms to detect abnormal conditions and initiate protective measures.
The global Machine Protection Systems (MPS) market was valued at US$ 3846.9 million in 2023 and is anticipated to reach US$ 5884.9 million by 2030, witnessing a CAGR of 6.6% during the forecast period 2024-2030.
Increased Adoption of Predictive Maintenance: The industrial sector has been increasingly adopting predictive maintenance strategies to minimize downtime and optimize equipment performance. Machine Protection Systems, with their ability to provide real-time monitoring and early fault detection, align with the growing demand for predictive maintenance solutions.
Integration with Industrial IoT (IIoT): The integration of Machine Protection Systems with Industrial Internet of Things (IIoT) platforms has been a notable trend. This integration allows for more comprehensive data analytics, remote monitoring, and centralized management of machine health.
Advancements in Sensor Technologies: Ongoing advancements in sensor technologies, including improvements in accuracy, sensitivity, and durability, impact the capabilities of MPS. Sensors are crucial components for monitoring various parameters like vibration, temperature, and pressure.
Remote Monitoring and Diagnostics: The ability to remotely monitor and diagnose machine health is gaining prominence. MPS solutions that offer remote access and diagnostics capabilities provide operational flexibility and efficiency, especially in large-scale industrial environments.
This report aims to provide a comprehensive presentation of the global market for Machine Protection Systems (MPS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Machine Protection Systems (MPS).
Report Scope
The Machine Protection Systems (MPS) market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Machine Protection Systems (MPS) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Machine Protection Systems (MPS) companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Bently
Emerson
SKF
Alta Solutions
CMA
Vibro-meter
ComplianceQuest
IKM Instrutek
DNV
B&K Vibro
Envmart
SHINKAWA
SUN YUAN Technology
Siemens Energy
TE Con​​nectivity
Segment by Type
Software
Hardware
Segment by Application
Transportation Industry
Manufacturing
Oil and Gas
Chemical Industry
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Machine Protection Systems (MPS) companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Machine Protection Systems (MPS) Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Software
1.2.3 Hardware
1.3 Market by Application
1.3.1 Global Machine Protection Systems (MPS) Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Transportation Industry
1.3.3 Manufacturing
1.3.4 Oil and Gas
1.3.5 Chemical Industry
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Machine Protection Systems (MPS) Market Perspective (2019-2030)
2.2 Machine Protection Systems (MPS) Growth Trends by Region
2.2.1 Global Machine Protection Systems (MPS) Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Machine Protection Systems (MPS) Historic Market Size by Region (2019-2024)
2.2.3 Machine Protection Systems (MPS) Forecasted Market Size by Region (2025-2030)
2.3 Machine Protection Systems (MPS) Market Dynamics
2.3.1 Machine Protection Systems (MPS) Industry Trends
2.3.2 Machine Protection Systems (MPS) Market Drivers
2.3.3 Machine Protection Systems (MPS) Market Challenges
2.3.4 Machine Protection Systems (MPS) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Machine Protection Systems (MPS) Players by Revenue
3.1.1 Global Top Machine Protection Systems (MPS) Players by Revenue (2019-2024)
3.1.2 Global Machine Protection Systems (MPS) Revenue Market Share by Players (2019-2024)
3.2 Global Machine Protection Systems (MPS) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Machine Protection Systems (MPS) Revenue
3.4 Global Machine Protection Systems (MPS) Market Concentration Ratio
3.4.1 Global Machine Protection Systems (MPS) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Machine Protection Systems (MPS) Revenue in 2023
3.5 Machine Protection Systems (MPS) Key Players Head office and Area Served
3.6 Key Players Machine Protection Systems (MPS) Product Solution and Service
3.7 Date of Enter into Machine Protection Systems (MPS) Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Machine Protection Systems (MPS) Breakdown Data by Type
4.1 Global Machine Protection Systems (MPS) Historic Market Size by Type (2019-2024)
4.2 Global Machine Protection Systems (MPS) Forecasted Market Size by Type (2025-2030)
5 Machine Protection Systems (MPS) Breakdown Data by Application
5.1 Global Machine Protection Systems (MPS) Historic Market Size by Application (2019-2024)
5.2 Global Machine Protection Systems (MPS) Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Machine Protection Systems (MPS) Market Size (2019-2030)
6.2 North America Machine Protection Systems (MPS) Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Machine Protection Systems (MPS) Market Size by Country (2019-2024)
6.4 North America Machine Protection Systems (MPS) Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Machine Protection Systems (MPS) Market Size (2019-2030)
7.2 Europe Machine Protection Systems (MPS) Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Machine Protection Systems (MPS) Market Size by Country (2019-2024)
7.4 Europe Machine Protection Systems (MPS) Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Machine Protection Systems (MPS) Market Size (2019-2030)
8.2 Asia-Pacific Machine Protection Systems (MPS) Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Machine Protection Systems (MPS) Market Size by Region (2019-2024)
8.4 Asia-Pacific Machine Protection Systems (MPS) Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Machine Protection Systems (MPS) Market Size (2019-2030)
9.2 Latin America Machine Protection Systems (MPS) Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Machine Protection Systems (MPS) Market Size by Country (2019-2024)
9.4 Latin America Machine Protection Systems (MPS) Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Machine Protection Systems (MPS) Market Size (2019-2030)
10.2 Middle East & Africa Machine Protection Systems (MPS) Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Machine Protection Systems (MPS) Market Size by Country (2019-2024)
10.4 Middle East & Africa Machine Protection Systems (MPS) Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Bently
11.1.1 Bently Company Detail
11.1.2 Bently Business Overview
11.1.3 Bently Machine Protection Systems (MPS) Introduction
11.1.4 Bently Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.1.5 Bently Recent Development
11.2 Emerson
11.2.1 Emerson Company Detail
11.2.2 Emerson Business Overview
11.2.3 Emerson Machine Protection Systems (MPS) Introduction
11.2.4 Emerson Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.2.5 Emerson Recent Development
11.3 SKF
11.3.1 SKF Company Detail
11.3.2 SKF Business Overview
11.3.3 SKF Machine Protection Systems (MPS) Introduction
11.3.4 SKF Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.3.5 SKF Recent Development
11.4 Alta Solutions
11.4.1 Alta Solutions Company Detail
11.4.2 Alta Solutions Business Overview
11.4.3 Alta Solutions Machine Protection Systems (MPS) Introduction
11.4.4 Alta Solutions Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.4.5 Alta Solutions Recent Development
11.5 CMA
11.5.1 CMA Company Detail
11.5.2 CMA Business Overview
11.5.3 CMA Machine Protection Systems (MPS) Introduction
11.5.4 CMA Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.5.5 CMA Recent Development
11.6 Vibro-meter
11.6.1 Vibro-meter Company Detail
11.6.2 Vibro-meter Business Overview
11.6.3 Vibro-meter Machine Protection Systems (MPS) Introduction
11.6.4 Vibro-meter Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.6.5 Vibro-meter Recent Development
11.7 ComplianceQuest
11.7.1 ComplianceQuest Company Detail
11.7.2 ComplianceQuest Business Overview
11.7.3 ComplianceQuest Machine Protection Systems (MPS) Introduction
11.7.4 ComplianceQuest Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.7.5 ComplianceQuest Recent Development
11.8 IKM Instrutek
11.8.1 IKM Instrutek Company Detail
11.8.2 IKM Instrutek Business Overview
11.8.3 IKM Instrutek Machine Protection Systems (MPS) Introduction
11.8.4 IKM Instrutek Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.8.5 IKM Instrutek Recent Development
11.9 DNV
11.9.1 DNV Company Detail
11.9.2 DNV Business Overview
11.9.3 DNV Machine Protection Systems (MPS) Introduction
11.9.4 DNV Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.9.5 DNV Recent Development
11.10 B&K Vibro
11.10.1 B&K Vibro Company Detail
11.10.2 B&K Vibro Business Overview
11.10.3 B&K Vibro Machine Protection Systems (MPS) Introduction
11.10.4 B&K Vibro Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.10.5 B&K Vibro Recent Development
11.11 Envmart
11.11.1 Envmart Company Detail
11.11.2 Envmart Business Overview
11.11.3 Envmart Machine Protection Systems (MPS) Introduction
11.11.4 Envmart Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.11.5 Envmart Recent Development
11.12 SHINKAWA
11.12.1 SHINKAWA Company Detail
11.12.2 SHINKAWA Business Overview
11.12.3 SHINKAWA Machine Protection Systems (MPS) Introduction
11.12.4 SHINKAWA Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.12.5 SHINKAWA Recent Development
11.13 SUN YUAN Technology
11.13.1 SUN YUAN Technology Company Detail
11.13.2 SUN YUAN Technology Business Overview
11.13.3 SUN YUAN Technology Machine Protection Systems (MPS) Introduction
11.13.4 SUN YUAN Technology Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.13.5 SUN YUAN Technology Recent Development
11.14 Siemens Energy
11.14.1 Siemens Energy Company Detail
11.14.2 Siemens Energy Business Overview
11.14.3 Siemens Energy Machine Protection Systems (MPS) Introduction
11.14.4 Siemens Energy Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.14.5 Siemens Energy Recent Development
11.15 TE Con​​nectivity
11.15.1 TE Con​​nectivity Company Detail
11.15.2 TE Con​​nectivity Business Overview
11.15.3 TE Con​​nectivity Machine Protection Systems (MPS) Introduction
11.15.4 TE Con​​nectivity Revenue in Machine Protection Systems (MPS) Business (2019-2024)
11.15.5 TE Con​​nectivity Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Bently
Emerson
SKF
Alta Solutions
CMA
Vibro-meter
ComplianceQuest
IKM Instrutek
DNV
B&K Vibro
Envmart
SHINKAWA
SUN YUAN Technology
Siemens Energy
TE Con​​nectivity
Ěý
Ěý
*If Applicable.