U.S. Machine Condition Monitoring Market: Trends, Growth, and Outlook (2024–2030)
The U.S. machine condition monitoring (MCM) market is experiencing significant growth, driven by advancements in predictive maintenance, Industry 4.0 adoption, and the increasing need for operational efficiency across various sectors. As of 2024, the U.S. holds a substantial share of the North American market. This article explores the current state, key drivers, technological advancements, and future projections of the U.S. MCM market.
Market Overview
In 2024, the U.S. machine condition monitoring market was valued at approximately USD 1.3 billion. It is projected to grow at a compound annual growth rate (CAGR) of 7.1% from 2025 to 2030, reaching an estimated USD 1.94 billion by 2030. This growth is fueled by the increasing adoption of predictive maintenance strategies and advancements in monitoring technologies.

