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Wind Turbine Condition Monitoring System Market Analysis, Size, and Forecast 2026-2030: APAC (China, Japan, and India), Europe (Germany, UK, and France), North America (US, Canada, and Mexico), South America (Brazil and Argentina), Middle East and Africa (South Africa, Saudi Arabia, and UAE), and Rest of World (ROW)

Wind Turbine Condition Monitoring System Market Analysis, Size, and Forecast 2026-2030:
APAC (China, Japan, and India), Europe (Germany, UK, and France), North America (US, Canada, and Mexico), South America (Brazil and Argentina), Middle East and Africa (South Africa, Saudi Arabia, and UAE), and Rest of World (ROW)

Published: Dec 2025 311 Pages SKU: IRTNTR80110

Market Overview at a Glance

$197.2 Mn
Market Opportunity
8.7%
CAGR 2025 - 2030
60.5%
APAC Growth
$217.4 Mn
Equipment segment 2024

Wind Turbine Condition Monitoring System Market Size 2026-2030

The wind turbine condition monitoring system market size is valued to increase by USD 197.2 million, at a CAGR of 8.7% from 2025 to 2030. Rising adoption of SCADA in wind turbine systems will drive the wind turbine condition monitoring system market.

Major Market Trends & Insights

  • APAC dominated the market and accounted for a 60.5% growth during the forecast period.
  • By Type - Equipment segment was valued at USD 217.4 million in 2024
  • By Application - Onshore wind turbines segment accounted for the largest market revenue share in 2024

Market Size & Forecast

  • Market Opportunities: USD 313.7 million
  • Market Future Opportunities: USD 197.2 million
  • CAGR from 2025 to 2030 : 8.7%

Market Summary

  • The wind turbine condition monitoring system market is fundamentally shaped by the pursuit of operational excellence and asset longevity in the renewable energy sector. The integration of sophisticated technologies is pivotal, driven by the need to minimize downtime and transition from reactive to predictive maintenance strategies.
  • For instance, a wind farm operator can leverage integrated systems to analyze real-time data streams from multiple turbines, enabling optimized maintenance scheduling that reduces operational expenditures by preventing catastrophic failures before they occur. This data-driven approach is becoming standard practice, especially with the expansion of large-scale offshore projects where manual inspections are logistically complex and costly.
  • Core trends include the adoption of the Industrial Internet of Things (IIoT) for enhanced connectivity and the application of machine learning for more accurate fault prediction. However, challenges related to data interoperability between different OEM platforms and the high initial capital outlay for retrofitting older assets persist, requiring strategic investment planning to achieve a positive return.

What will be the Size of the Wind Turbine Condition Monitoring System Market during the forecast period?

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How is the Wind Turbine Condition Monitoring System Market Segmented?

The wind turbine condition monitoring system industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2026-2030, as well as historical data from 2020-2024 for the following segments.

  • Type
    • Equipment
    • Software
  • Application
    • Onshore wind turbines
    • Offshore wind turbines
  • Service type
    • Remote monitoring
    • On-site monitoring
  • Technology
    • Vibration monitoring
    • Thermal monitoring
    • Oil condition monitoring
    • Ultrasound monitoring
  • Geography
    • APAC
      • China
      • Japan
      • India
    • Europe
      • Germany
      • UK
      • France
    • North America
      • US
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • Rest of World (ROW)

By Type Insights

The equipment segment is estimated to witness significant growth during the forecast period.

The equipment segment is foundational to comprehensive asset integrity management, encompassing a suite of hardware for vital data collection.

This includes accelerometers for main bearing monitoring and early gearbox fault detection, alongside temperature sensors and pressure sensors for generator health assessment. Advanced systems also integrate corrosion detection capabilities crucial for offshore applications.

The effective use of this hardware underpins both offline oil analysis and advanced online oil monitoring, enabling detailed structural load monitoring and tower integrity analysis.

Proper high-voltage equipment inspection tools complete the hardware ecosystem, with advanced sensor arrays improving fault detection accuracy by over 15% and directly contributing to enhanced operational safety and asset longevity across the fleet.

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The Equipment segment was valued at USD 217.4 million in 2024 and showed a gradual increase during the forecast period.

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Regional Analysis

APAC is estimated to contribute 60.5% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The geographic landscape is characterized by concentrated growth in key regions, driven by distinct policy and investment dynamics. APAC leads, contributing over 40% of new installations, largely due to ambitious national energy targets and massive offshore developments.

In these projects, sophisticated vibration monitoring and thermal monitoring are standard for ensuring asset performance management.

Europe remains a mature market focused on optimizing its aging fleet and expanding its North Sea capacity, where oil condition monitoring and ultrasound monitoring are critical. North America is experiencing accelerated growth, with investments spurred by federal incentives.

This has increased demand for systems that provide high fault detection accuracy.

Across these regions, the Industrial Internet of Things (IIoT) is enabling better connectivity for technologies like acoustic emission monitors and rotational speed sensors, essential for subsea cable surveillance and mooring line surveillance in offshore environments.

Market Dynamics

Our researchers analyzed the data with 2025 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

  • The strategic implementation of condition monitoring is evolving beyond simple fault alerts to a holistic approach aimed at optimizing asset performance and reducing wind turbine operational expenditure. Key to this evolution is the use of advanced vibration analysis for drivetrains, which allows for precise wind turbine gearbox fault prediction and preemptive action.
  • For the rapidly expanding offshore sector, ensuring offshore wind turbine structural health is paramount, involving sophisticated wind turbine foundation monitoring techniques and constant wind turbine blade integrity monitoring. The application of predictive maintenance for onshore turbines is also maturing, with a strong focus on improving turbine availability with CMS platforms.
  • The integration of AI in wind turbine performance analytics, which leverages SCADA data for wind farm optimization, is becoming standard. Specialized methods like ultrasonic inspection for turbine blades and thermal imaging for generator faults are now common. This is complemented by real-time oil debris monitoring systems, which are crucial for both geared and direct drive turbines.
  • Digital twin for offshore wind assets allows for complex simulations, while wireless sensor networks in wind turbines simplify deployment. Ultimately, the goal is mitigating turbine downtime through monitoring, with a clear cost-benefit analysis of turbine CMS driving investment decisions. Integrating CMS with asset management software and enabling remote diagnostics for isolated wind farms creates a comprehensive, data-driven operational framework.

What are the key market drivers leading to the rise in the adoption of Wind Turbine Condition Monitoring System Industry?

  • The rising adoption of Supervisory Control and Data Acquisition (SCADA) systems within wind turbine operations is a key driver for market growth.

  • Market growth is significantly propelled by technological innovation and the increasing scale of wind energy projects, particularly offshore. The rising adoption of advanced sensor technology and sophisticated data acquisition hardware is fundamental to enhancing operational efficiency improvement.
  • The integration of SCADA system integration provides fleet-wide condition visibility, enabling centralized control centers to manage assets more effectively. This supports a shift toward condition-based maintenance (CBM), which can extend asset lifecycle extension by up to five years.
  • Innovations in turbine control, such as dynamic blade pitch control and yaw control systems informed by lidar technology integration, maximize energy capture.
  • The use of electrical signature analysis offers another layer of diagnostic data, reinforcing a data-driven decision making culture that prioritizes performance and reliability across the entire operational portfolio.

What are the market trends shaping the Wind Turbine Condition Monitoring System Industry?

  • The increasing necessity for remote and electronic monitoring of wind turbines is a prominent upcoming market trend. This shift is driven by the need for cost-effective, continuous observation of assets, especially in offshore and isolated locations.

  • Key market trends are centered on the digitalization and automation of asset management to boost energy output optimization. The adoption of AI-driven analytics and sophisticated machine learning models is enabling a transition from preventive to prescriptive maintenance strategies, with some platforms improving forecast accuracy by over 99%.
  • This shift is powered by advanced predictive maintenance algorithms that utilize real-time data processing for automated fault detection. The use of digital twin modeling allows operators to simulate performance and test predictive control algorithms in a virtual environment, facilitating real-time adjustments to operational parameters.
  • Furthermore, the expansion of remote monitoring solutions and e-monitoring capabilities provides centralized oversight, which is critical for managing geographically dispersed fleets and implementing effective remote diagnostics, ultimately increasing turbine availability.

What challenges does the Wind Turbine Condition Monitoring System Industry face during its growth?

  • The high initial investment and installation costs associated with wind turbine condition monitoring systems present a key challenge impacting industry growth.

  • Key challenges center on the technical complexity and financial implications of deploying and maintaining advanced monitoring systems. The high initial maintenance cost reduction remains a significant barrier, especially for retrofitting older assets. Integrating disparate systems, such as wireless sensor networks with legacy platforms, introduces operational risk mitigation challenges.
  • Furthermore, achieving accurate remaining useful life (RUL) prediction requires extensive historical data and sophisticated advanced data analytics, which can be resource-intensive. The technical difficulty of implementing certain technologies, like fiber optic sensing for structural health monitoring or high-frequency acoustic sensing for incipient fault detection, adds to the complexity.
  • These factors are critical considerations during end-of-warranty assessments, where operators must balance the cost of advanced drivetrain monitoring and lube oil analysis against the long-term benefits of enhanced reliability.

Exclusive Technavio Analysis on Customer Landscape

The wind turbine condition monitoring system market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the wind turbine condition monitoring system market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape of Wind Turbine Condition Monitoring System Industry

Competitive Landscape

Companies are implementing various strategies, such as strategic alliances, wind turbine condition monitoring system market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

AB SKF - Delivers real-time mechanical condition assessment through continuous monitoring of turbine components, enabling proactive maintenance strategies and enhancing asset performance.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

  • AB SKF
  • Advantech Co. Ltd.
  • American Superconductor Corp.
  • Avnet Inc.
  • Bachmann electronic GmbH
  • Baker Hughes Co.
  • Emerson Electric Co.
  • ENERCON GmbH
  • Envision Group
  • Flender GmbH
  • Fluke Corp.
  • General Electric Co.
  • Hansford Sensors Ltd.
  • HIMA Paul Hildebrandt GmbH
  • ifm electronic gmbh
  • James Fisher and Sons Plc
  • Nordex SE
  • NSK Ltd.
  • ONYX Insight
  • Siemens AG
  • TUV SUD
  • Yokogawa Electric Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Wind turbine condition monitoring system market

  • In March 2025, HIMA Paul Hildebrandt GmbH secured a significant SCADA contract from Equinor to implement advanced control and monitoring systems for its offshore wind turbine fleet in the UK.
  • In January 2025, Yokogawa Electric Corp. was selected to provide comprehensive remote operation and monitoring systems for the newly commissioned Ishikari Bay New Port offshore wind farm.
  • In November 2024, General Electric Co. announced the successful deployment of its AI-powered predictive maintenance platform across a major North American wind fleet, demonstrating a 20% reduction in unscheduled downtime through early gearbox fault detection.
  • In September 2024, the Government of India launched a strategic incentive program to boost domestic manufacturing of high-tech wind turbine components, including critical sensors and data acquisition hardware for condition monitoring systems.

Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Wind Turbine Condition Monitoring System Market insights. See full methodology.

Market Scope
Page number 311
Base year 2025
Historic period 2020-2024
Forecast period 2026-2030
Growth momentum & CAGR Accelerate at a CAGR of 8.7%
Market growth 2026-2030 USD 197.2 million
Market structure Fragmented
YoY growth 2025-2026(%) 8.1%
Key countries China, Japan, India, South Korea, Indonesia, Australia, Germany, UK, France, Italy, Spain, The Netherlands, US, Canada, Mexico, Brazil, Argentina, Chile, South Africa, Saudi Arabia, UAE, Egypt and Nigeria
Competitive landscape Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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Research Analyst Overview

  • The market's evolution is defined by a convergence of advanced technologies aimed at maximizing asset value. A core focus is comprehensive drivetrain monitoring, which leverages vibration monitoring, thermal monitoring, and oil condition monitoring, including both lube oil analysis and electrical signature analysis for holistic generator health assessment.
  • Innovations such as non-destructive testing (NDT), ultrasound monitoring, and acoustic emission monitors provide deeper insights. For mechanical components, main bearing monitoring and gearbox fault detection are enhanced by data from accelerometers, temperature sensors, and pressure sensors.
  • Advanced sensor technology, including wireless sensor networks with edge computing capabilities and fiber optic sensing, enables precise structural health monitoring and rotational speed sensors inform blade pitch control and yaw control systems. The integration of lidar technology integration is enhancing predictive capabilities. On the software side, SCADA system integration with data acquisition hardware underpins AI-driven analytics and machine learning models.
  • These predictive maintenance algorithms facilitate remote diagnostics and automated fault detection, leading to sophisticated asset performance management. Firms adopting these integrated systems report a 25% improvement in maintenance resource allocation, a critical factor influencing budgeting decisions at the executive level.

What are the Key Data Covered in this Wind Turbine Condition Monitoring System Market Research and Growth Report?

  • What is the expected growth of the Wind Turbine Condition Monitoring System Market between 2026 and 2030?

    • USD 197.2 million, at a CAGR of 8.7%

  • What segmentation does the market report cover?

    • The report is segmented by Type (Equipment, and Software), Application (Onshore wind turbines, and Offshore wind turbines), Service Type (Remote monitoring, and On-site monitoring), Technology (Vibration monitoring, Thermal monitoring, Oil condition monitoring, and Ultrasound monitoring) and Geography (APAC, Europe, North America, South America, Middle East and Africa)

  • Which regions are analyzed in the report?

    • APAC, Europe, North America, South America and Middle East and Africa

  • What are the key growth drivers and market challenges?

    • Rising adoption of SCADA in wind turbine systems, High initial investment and cost in installing wind turbine condition monitoring systems

  • Who are the major players in the Wind Turbine Condition Monitoring System Market?

    • AB SKF, Advantech Co. Ltd., American Superconductor Corp., Avnet Inc., Bachmann electronic GmbH, Baker Hughes Co., Emerson Electric Co., ENERCON GmbH, Envision Group, Flender GmbH, Fluke Corp., General Electric Co., Hansford Sensors Ltd., HIMA Paul Hildebrandt GmbH, ifm electronic gmbh, James Fisher and Sons Plc, Nordex SE, NSK Ltd., ONYX Insight, Siemens AG, TUV SUD and Yokogawa Electric Corp.

Market Research Insights

  • Market dynamics are increasingly influenced by the strategic push for enhanced operational efficiency and asset lifecycle extension. The adoption of advanced data analytics and remote monitoring solutions delivers measurable outcomes, with some operators achieving a 30% reduction in maintenance costs. This shift toward data-driven decision making is critical for managing large, geographically dispersed fleets.
  • Furthermore, the implementation of condition-based maintenance (CBM) strategies, which improve fault detection accuracy by over 20% compared to traditional methods, provides a clear competitive advantage. Effective asset integrity management is now a primary focus, supported by e-monitoring capabilities that offer real-time adjustments to turbine operations.
  • This focus on optimizing performance underpins the financial viability of both new and existing wind power installations.

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1. Executive Summary

1.1 Market overview

Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market by Geography
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Market Segmentation by Service Type
Executive Summary - Chart on Market Segmentation by Technology
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning

2. Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

2.2 Criticality of inputs and Factors of differentiation

Chart on Overview on criticality of inputs and factors of differentiation

2.3 Factors of disruption

Chart on Overview on factors of disruption

2.4 Impact of drivers and challenges

Chart on Impact of drivers and challenges in 2025 and 2030

3. Market Landscape

3.1 Market ecosystem

Chart on Parent Market
Data Table on - Parent Market

3.2 Market characteristics

Chart on Market characteristics analysis

3.3 Value chain analysis

Chart on Value chain analysis

4. Market Sizing

4.1 Market definition

Data Table on Offerings of companies included in the market definition

4.2 Market segment analysis

Market segments

4.3 Market size 2025

4.4 Market outlook: Forecast for 2025-2030

Chart on Global - Market size and forecast 2025-2030 ($ million)
Data Table on Global - Market size and forecast 2025-2030 ($ million)
Chart on Global Market: Year-over-year growth 2025-2030 (%)
Data Table on Global Market: Year-over-year growth 2025-2030 (%)

5. Historic Market Size

5.1 Global Wind Turbine Condition Monitoring System Market 2020 - 2024

Historic Market Size - Data Table on Global Wind Turbine Condition Monitoring System Market 2020 - 2024 ($ million)

5.2 Type segment analysis 2020 - 2024

Historic Market Size - Type Segment 2020 - 2024 ($ million)

5.3 Application segment analysis 2020 - 2024

Historic Market Size - Application Segment 2020 - 2024 ($ million)

5.4 Service Type segment analysis 2020 - 2024

Historic Market Size - Service Type Segment 2020 - 2024 ($ million)

5.5 Technology segment analysis 2020 - 2024

Historic Market Size - Technology Segment 2020 - 2024 ($ million)

5.6 Geography segment analysis 2020 - 2024

Historic Market Size - Geography Segment 2020 - 2024 ($ million)

5.7 Country segment analysis 2020 - 2024

Historic Market Size - Country Segment 2020 - 2024 ($ million)

6. Qualitative Analysis

6.1 Impact of AI on the global wind turbine condition monitoring system market

7. Five Forces Analysis

7.1 Five forces summary

Five forces analysis - Comparison between 2025 and 2030

7.2 Bargaining power of buyers

Bargaining power of buyers - Impact of key factors 2025 and 2030

7.3 Bargaining power of suppliers

Bargaining power of suppliers - Impact of key factors in 2025 and 2030

7.4 Threat of new entrants

Threat of new entrants - Impact of key factors in 2025 and 2030

7.5 Threat of substitutes

Threat of substitutes - Impact of key factors in 2025 and 2030

7.6 Threat of rivalry

Threat of rivalry - Impact of key factors in 2025 and 2030

7.7 Market condition

Chart on Market condition - Five forces 2025 and 2030

8. Market Segmentation by Type

8.1 Market segments

Chart on Type - Market share 2025-2030 (%)
Data Table on Type - Market share 2025-2030 (%)

8.2 Comparison by Type

Chart on Comparison by Type
Data Table on Comparison by Type

8.3 Equipment - Market size and forecast 2025-2030

Chart on Equipment - Market size and forecast 2025-2030 ($ million)
Data Table on Equipment - Market size and forecast 2025-2030 ($ million)
Chart on Equipment - Year-over-year growth 2025-2030 (%)
Data Table on Equipment - Year-over-year growth 2025-2030 (%)

8.4 Software - Market size and forecast 2025-2030

Chart on Software - Market size and forecast 2025-2030 ($ million)
Data Table on Software - Market size and forecast 2025-2030 ($ million)
Chart on Software - Year-over-year growth 2025-2030 (%)
Data Table on Software - Year-over-year growth 2025-2030 (%)

8.5 Market opportunity by Type

Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)

9. Market Segmentation by Application

9.1 Market segments

Chart on Application - Market share 2025-2030 (%)
Data Table on Application - Market share 2025-2030 (%)

9.2 Comparison by Application

Chart on Comparison by Application
Data Table on Comparison by Application

9.3 Onshore wind turbines - Market size and forecast 2025-2030

Chart on Onshore wind turbines - Market size and forecast 2025-2030 ($ million)
Data Table on Onshore wind turbines - Market size and forecast 2025-2030 ($ million)
Chart on Onshore wind turbines - Year-over-year growth 2025-2030 (%)
Data Table on Onshore wind turbines - Year-over-year growth 2025-2030 (%)

9.4 Offshore wind turbines - Market size and forecast 2025-2030

Chart on Offshore wind turbines - Market size and forecast 2025-2030 ($ million)
Data Table on Offshore wind turbines - Market size and forecast 2025-2030 ($ million)
Chart on Offshore wind turbines - Year-over-year growth 2025-2030 (%)
Data Table on Offshore wind turbines - Year-over-year growth 2025-2030 (%)

9.5 Market opportunity by Application

Market opportunity by Application ($ million)
Data Table on Market opportunity by Application ($ million)

10. Market Segmentation by Service Type

10.1 Market segments

Chart on Service Type - Market share 2025-2030 (%)
Data Table on Service Type - Market share 2025-2030 (%)

10.2 Comparison by Service Type

Chart on Comparison by Service Type
Data Table on Comparison by Service Type

10.3 Remote monitoring - Market size and forecast 2025-2030

Chart on Remote monitoring - Market size and forecast 2025-2030 ($ million)
Data Table on Remote monitoring - Market size and forecast 2025-2030 ($ million)
Chart on Remote monitoring - Year-over-year growth 2025-2030 (%)
Data Table on Remote monitoring - Year-over-year growth 2025-2030 (%)

10.4 On-site monitoring - Market size and forecast 2025-2030

Chart on On-site monitoring - Market size and forecast 2025-2030 ($ million)
Data Table on On-site monitoring - Market size and forecast 2025-2030 ($ million)
Chart on On-site monitoring - Year-over-year growth 2025-2030 (%)
Data Table on On-site monitoring - Year-over-year growth 2025-2030 (%)

10.5 Market opportunity by Service Type

Market opportunity by Service Type ($ million)
Data Table on Market opportunity by Service Type ($ million)

11. Market Segmentation by Technology

11.1 Market segments

Chart on Technology - Market share 2025-2030 (%)
Data Table on Technology - Market share 2025-2030 (%)

11.2 Comparison by Technology

Chart on Comparison by Technology
Data Table on Comparison by Technology

11.3 Vibration monitoring - Market size and forecast 2025-2030

Chart on Vibration monitoring - Market size and forecast 2025-2030 ($ million)
Data Table on Vibration monitoring - Market size and forecast 2025-2030 ($ million)
Chart on Vibration monitoring - Year-over-year growth 2025-2030 (%)
Data Table on Vibration monitoring - Year-over-year growth 2025-2030 (%)

11.4 Thermal monitoring - Market size and forecast 2025-2030

Chart on Thermal monitoring - Market size and forecast 2025-2030 ($ million)
Data Table on Thermal monitoring - Market size and forecast 2025-2030 ($ million)
Chart on Thermal monitoring - Year-over-year growth 2025-2030 (%)
Data Table on Thermal monitoring - Year-over-year growth 2025-2030 (%)

11.5 Oil condition monitoring - Market size and forecast 2025-2030

Chart on Oil condition monitoring - Market size and forecast 2025-2030 ($ million)
Data Table on Oil condition monitoring - Market size and forecast 2025-2030 ($ million)
Chart on Oil condition monitoring - Year-over-year growth 2025-2030 (%)
Data Table on Oil condition monitoring - Year-over-year growth 2025-2030 (%)

11.6 Ultrasound monitoring - Market size and forecast 2025-2030

Chart on Ultrasound monitoring - Market size and forecast 2025-2030 ($ million)
Data Table on Ultrasound monitoring - Market size and forecast 2025-2030 ($ million)
Chart on Ultrasound monitoring - Year-over-year growth 2025-2030 (%)
Data Table on Ultrasound monitoring - Year-over-year growth 2025-2030 (%)

11.7 Market opportunity by Technology

Market opportunity by Technology ($ million)
Data Table on Market opportunity by Technology ($ million)

12. Customer Landscape

12.1 Customer landscape overview

Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

13. Geographic Landscape

13.1 Geographic segmentation

Chart on Market share by geography 2025-2030 (%)
Data Table on Market share by geography 2025-2030 (%)

13.2 Geographic comparison

Chart on Geographic comparison
Data Table on Geographic comparison

13.3 APAC - Market size and forecast 2025-2030

Chart on APAC - Market size and forecast 2025-2030 ($ million)
Data Table on APAC - Market size and forecast 2025-2030 ($ million)
Chart on APAC - Year-over-year growth 2025-2030 (%)
Data Table on APAC - Year-over-year growth 2025-2030 (%)
Chart on Regional Comparison - APAC
Data Table on Regional Comparison - APAC

13.3.1 China - Market size and forecast 2025-2030

Chart on China - Market size and forecast 2025-2030 ($ million)
Data Table on China - Market size and forecast 2025-2030 ($ million)
Chart on China - Year-over-year growth 2025-2030 (%)
Data Table on China - Year-over-year growth 2025-2030 (%)

13.3.2 Japan - Market size and forecast 2025-2030

Chart on Japan - Market size and forecast 2025-2030 ($ million)
Data Table on Japan - Market size and forecast 2025-2030 ($ million)
Chart on Japan - Year-over-year growth 2025-2030 (%)
Data Table on Japan - Year-over-year growth 2025-2030 (%)

13.3.3 India - Market size and forecast 2025-2030

Chart on India - Market size and forecast 2025-2030 ($ million)
Data Table on India - Market size and forecast 2025-2030 ($ million)
Chart on India - Year-over-year growth 2025-2030 (%)
Data Table on India - Year-over-year growth 2025-2030 (%)

13.3.4 South Korea - Market size and forecast 2025-2030

Chart on South Korea - Market size and forecast 2025-2030 ($ million)
Data Table on South Korea - Market size and forecast 2025-2030 ($ million)
Chart on South Korea - Year-over-year growth 2025-2030 (%)
Data Table on South Korea - Year-over-year growth 2025-2030 (%)

13.3.5 Indonesia - Market size and forecast 2025-2030

Chart on Indonesia - Market size and forecast 2025-2030 ($ million)
Data Table on Indonesia - Market size and forecast 2025-2030 ($ million)
Chart on Indonesia - Year-over-year growth 2025-2030 (%)
Data Table on Indonesia - Year-over-year growth 2025-2030 (%)

13.3.6 Australia - Market size and forecast 2025-2030

Chart on Australia - Market size and forecast 2025-2030 ($ million)
Data Table on Australia - Market size and forecast 2025-2030 ($ million)
Chart on Australia - Year-over-year growth 2025-2030 (%)
Data Table on Australia - Year-over-year growth 2025-2030 (%)

13.4 Europe - Market size and forecast 2025-2030

Chart on Europe - Market size and forecast 2025-2030 ($ million)
Data Table on Europe - Market size and forecast 2025-2030 ($ million)
Chart on Europe - Year-over-year growth 2025-2030 (%)
Data Table on Europe - Year-over-year growth 2025-2030 (%)
Chart on Regional Comparison - Europe
Data Table on Regional Comparison - Europe

13.4.1 Germany - Market size and forecast 2025-2030

Chart on Germany - Market size and forecast 2025-2030 ($ million)
Data Table on Germany - Market size and forecast 2025-2030 ($ million)
Chart on Germany - Year-over-year growth 2025-2030 (%)
Data Table on Germany - Year-over-year growth 2025-2030 (%)

13.4.2 UK - Market size and forecast 2025-2030

Chart on UK - Market size and forecast 2025-2030 ($ million)
Data Table on UK - Market size and forecast 2025-2030 ($ million)
Chart on UK - Year-over-year growth 2025-2030 (%)
Data Table on UK - Year-over-year growth 2025-2030 (%)

13.4.3 France - Market size and forecast 2025-2030

Chart on France - Market size and forecast 2025-2030 ($ million)
Data Table on France - Market size and forecast 2025-2030 ($ million)
Chart on France - Year-over-year growth 2025-2030 (%)
Data Table on France - Year-over-year growth 2025-2030 (%)

13.4.4 Italy - Market size and forecast 2025-2030

Chart on Italy - Market size and forecast 2025-2030 ($ million)
Data Table on Italy - Market size and forecast 2025-2030 ($ million)
Chart on Italy - Year-over-year growth 2025-2030 (%)
Data Table on Italy - Year-over-year growth 2025-2030 (%)

13.4.5 Spain - Market size and forecast 2025-2030

Chart on Spain - Market size and forecast 2025-2030 ($ million)
Data Table on Spain - Market size and forecast 2025-2030 ($ million)
Chart on Spain - Year-over-year growth 2025-2030 (%)
Data Table on Spain - Year-over-year growth 2025-2030 (%)

13.4.6 The Netherlands - Market size and forecast 2025-2030

Chart on The Netherlands - Market size and forecast 2025-2030 ($ million)
Data Table on The Netherlands - Market size and forecast 2025-2030 ($ million)
Chart on The Netherlands - Year-over-year growth 2025-2030 (%)
Data Table on The Netherlands - Year-over-year growth 2025-2030 (%)

13.5 North America - Market size and forecast 2025-2030

Chart on North America - Market size and forecast 2025-2030 ($ million)
Data Table on North America - Market size and forecast 2025-2030 ($ million)
Chart on North America - Year-over-year growth 2025-2030 (%)
Data Table on North America - Year-over-year growth 2025-2030 (%)
Chart on Regional Comparison - North America
Data Table on Regional Comparison - North America

13.5.1 US - Market size and forecast 2025-2030

Chart on US - Market size and forecast 2025-2030 ($ million)
Data Table on US - Market size and forecast 2025-2030 ($ million)
Chart on US - Year-over-year growth 2025-2030 (%)
Data Table on US - Year-over-year growth 2025-2030 (%)

13.5.2 Canada - Market size and forecast 2025-2030

Chart on Canada - Market size and forecast 2025-2030 ($ million)
Data Table on Canada - Market size and forecast 2025-2030 ($ million)
Chart on Canada - Year-over-year growth 2025-2030 (%)
Data Table on Canada - Year-over-year growth 2025-2030 (%)

13.5.3 Mexico - Market size and forecast 2025-2030

Chart on Mexico - Market size and forecast 2025-2030 ($ million)
Data Table on Mexico - Market size and forecast 2025-2030 ($ million)
Chart on Mexico - Year-over-year growth 2025-2030 (%)
Data Table on Mexico - Year-over-year growth 2025-2030 (%)

13.6 South America - Market size and forecast 2025-2030

Chart on South America - Market size and forecast 2025-2030 ($ million)
Data Table on South America - Market size and forecast 2025-2030 ($ million)
Chart on South America - Year-over-year growth 2025-2030 (%)
Data Table on South America - Year-over-year growth 2025-2030 (%)
Chart on Regional Comparison - South America
Data Table on Regional Comparison - South America

13.6.1 Brazil - Market size and forecast 2025-2030

Chart on Brazil - Market size and forecast 2025-2030 ($ million)
Data Table on Brazil - Market size and forecast 2025-2030 ($ million)
Chart on Brazil - Year-over-year growth 2025-2030 (%)
Data Table on Brazil - Year-over-year growth 2025-2030 (%)

13.6.2 Argentina - Market size and forecast 2025-2030

Chart on Argentina - Market size and forecast 2025-2030 ($ million)
Data Table on Argentina - Market size and forecast 2025-2030 ($ million)
Chart on Argentina - Year-over-year growth 2025-2030 (%)
Data Table on Argentina - Year-over-year growth 2025-2030 (%)

13.6.3 Chile - Market size and forecast 2025-2030

Chart on Chile - Market size and forecast 2025-2030 ($ million)
Data Table on Chile - Market size and forecast 2025-2030 ($ million)
Chart on Chile - Year-over-year growth 2025-2030 (%)
Data Table on Chile - Year-over-year growth 2025-2030 (%)

13.7 Middle East and Africa - Market size and forecast 2025-2030

Chart on Middle East and Africa - Market size and forecast 2025-2030 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2025-2030 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2025-2030 (%)
Data Table on Middle East and Africa - Year-over-year growth 2025-2030 (%)
Chart on Regional Comparison - Middle East and Africa
Data Table on Regional Comparison - Middle East and Africa

13.7.1 South Africa - Market size and forecast 2025-2030

Chart on South Africa - Market size and forecast 2025-2030 ($ million)
Data Table on South Africa - Market size and forecast 2025-2030 ($ million)
Chart on South Africa - Year-over-year growth 2025-2030 (%)
Data Table on South Africa - Year-over-year growth 2025-2030 (%)

13.7.2 Saudi Arabia - Market size and forecast 2025-2030

Chart on Saudi Arabia - Market size and forecast 2025-2030 ($ million)
Data Table on Saudi Arabia - Market size and forecast 2025-2030 ($ million)
Chart on Saudi Arabia - Year-over-year growth 2025-2030 (%)
Data Table on Saudi Arabia - Year-over-year growth 2025-2030 (%)

13.7.3 UAE - Market size and forecast 2025-2030

Chart on UAE - Market size and forecast 2025-2030 ($ million)
Data Table on UAE - Market size and forecast 2025-2030 ($ million)
Chart on UAE - Year-over-year growth 2025-2030 (%)
Data Table on UAE - Year-over-year growth 2025-2030 (%)

13.7.4 Egypt - Market size and forecast 2025-2030

Chart on Egypt - Market size and forecast 2025-2030 ($ million)
Data Table on Egypt - Market size and forecast 2025-2030 ($ million)
Chart on Egypt - Year-over-year growth 2025-2030 (%)
Data Table on Egypt - Year-over-year growth 2025-2030 (%)

13.7.5 Nigeria - Market size and forecast 2025-2030

Chart on Nigeria - Market size and forecast 2025-2030 ($ million)
Data Table on Nigeria - Market size and forecast 2025-2030 ($ million)
Chart on Nigeria - Year-over-year growth 2025-2030 (%)
Data Table on Nigeria - Year-over-year growth 2025-2030 (%)

13.8 Market opportunity by geography

Market opportunity by geography ($ million)
Data Tables on Market opportunity by geography ($ million)

14. Drivers, Challenges, and Opportunity

14.1 Market drivers

Rising adoption of SCADA in wind turbine systems
Increase in demand for wind turbine condition monitoring system from offshore wind turbines
Innovations and advancements in wind turbine monitoring systems

14.2 Market challenges

High initial investment and cost in installing wind turbine condition monitoring systems
Lack of integration between wind monitoring and controlling systems
Presence of variable wind conditions and environmental factors

14.3 Impact of drivers and challenges

Impact of drivers and challenges in 2025 and 2030

14.4 Market opportunities

Rising necessity of remote and e-monitoring of wind turbines
Introduction of AI and ML in wind turbine condition monitoring systems
Rise in wind energy consumption

15. Competitive Landscape

15.1 Overview

15.2

Overview on criticality of inputs and factors of differentiation

15.3 Landscape disruption

Overview on factors of disruption

15.4 Industry risks

Impact of key risks on business

16. Competitive Analysis

16.1 Companies profiled

Companies covered

16.2 Company ranking index

16.3 Market positioning of companies

Matrix on companies position and classification

16.4 AB SKF

AB SKF - Overview
AB SKF - Business segments
AB SKF - Key news
AB SKF - Key offerings
AB SKF - Segment focus
SWOT

16.5 Advantech Co. Ltd.

Advantech Co. Ltd. - Overview
Advantech Co. Ltd. - Business segments
Advantech Co. Ltd. - Key news
Advantech Co. Ltd. - Key offerings
Advantech Co. Ltd. - Segment focus
SWOT

16.6 American Superconductor Corp.

American Superconductor Corp. - Overview
American Superconductor Corp. - Business segments
American Superconductor Corp. - Key offerings
American Superconductor Corp. - Segment focus
SWOT

16.7 Bachmann electronic GmbH

Bachmann electronic GmbH - Overview
Bachmann electronic GmbH - Product / Service
Bachmann electronic GmbH - Key offerings
SWOT

16.8 Baker Hughes Co.

Baker Hughes Co. - Overview
Baker Hughes Co. - Business segments
Baker Hughes Co. - Key news
Baker Hughes Co. - Key offerings
Baker Hughes Co. - Segment focus
SWOT

16.9 Emerson Electric Co.

Emerson Electric Co. - Overview
Emerson Electric Co. - Business segments
Emerson Electric Co. - Key news
Emerson Electric Co. - Key offerings
Emerson Electric Co. - Segment focus
SWOT

16.10 Flender GmbH

Flender GmbH - Overview
Flender GmbH - Product / Service
Flender GmbH - Key offerings
SWOT

16.11 Fluke Corp.

Fluke Corp. - Overview
Fluke Corp. - Product / Service
Fluke Corp. - Key offerings
SWOT

16.12 General Electric Co.

General Electric Co. - Overview
General Electric Co. - Business segments
General Electric Co. - Key news
General Electric Co. - Key offerings
General Electric Co. - Segment focus
SWOT

16.13 Hansford Sensors Ltd.

Hansford Sensors Ltd. - Overview
Hansford Sensors Ltd. - Product / Service
Hansford Sensors Ltd. - Key offerings
SWOT

16.14 ifm electronic gmbh

ifm electronic gmbh - Overview
ifm electronic gmbh - Product / Service
ifm electronic gmbh - Key offerings
SWOT

16.15 James Fisher and Sons Plc

James Fisher and Sons Plc - Overview
James Fisher and Sons Plc - Business segments
James Fisher and Sons Plc - Key news
James Fisher and Sons Plc - Key offerings
James Fisher and Sons Plc - Segment focus
SWOT

16.16 NSK Ltd.

NSK Ltd. - Overview
NSK Ltd. - Product / Service
NSK Ltd. - Key news
NSK Ltd. - Key offerings
SWOT

16.17 Siemens AG

Siemens AG - Overview
Siemens AG - Business segments
Siemens AG - Key news
Siemens AG - Key offerings
Siemens AG - Segment focus
SWOT

16.18 TUV SUD

TUV SUD - Overview
TUV SUD - Product / Service
TUV SUD - Key offerings
SWOT

17. Appendix

17.1 Scope of the report

Market definition
Objectives
Notes and caveats

17.2 Inclusions and exclusions checklist

Inclusions checklist
Exclusions checklist

17.3 Currency conversion rates for US$

17.4 Research methodology

17.5 Data procurement

Information sources

17.6 Data validation

17.7 Validation techniques employed for market sizing

17.8 Data synthesis

17.9 360 degree market analysis

17.10 List of abbreviations

Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Wind Turbine Condition Monitoring System market growth will increase by USD 197.2 million during 2026-2030 .

The Wind Turbine Condition Monitoring System market is expected to grow at a CAGR of 8.7% during 2026-2030 .

Wind Turbine Condition Monitoring System market is segmented by Type (Equipment, Software) Application (Onshore wind turbines, Offshore wind turbines) Service type (Remote monitoring, On-site monitoring) Technology (Vibration monitoring, Thermal monitoring, Oil condition monitoring, Ultrasound monitoring)

AB SKF, Advantech Co. Ltd., American Superconductor Corp., Avnet Inc., Bachmann electronic GmbH, Baker Hughes Co., Emerson Electric Co., ENERCON GmbH, Envision Group, Flender GmbH, Fluke Corp., General Electric Co., Hansford Sensors Ltd., HIMA Paul Hildebrandt GmbH, ifm electronic gmbh, James Fisher and Sons Plc, Nordex SE, NSK Ltd., ONYX Insight, Siemens AG, TUV SUD, Yokogawa Electric Corp. are a few of the key vendors in the Wind Turbine Condition Monitoring System market.

APAC will register the highest growth rate of 60.5% among the other regions. Therefore, the Wind Turbine Condition Monitoring System market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

China, Japan, India, South Korea, Indonesia, Australia, Germany, UK, France, Italy, Spain, The Netherlands, US, Canada, Mexico, Brazil, Argentina, Chile, South Africa, Saudi Arabia, UAE, Egypt, Nigeria

  • Rising adoption of SCADA in wind turbine systems is the driving factor this market.

The Wind Turbine Condition Monitoring System market vendors should focus on grabbing business opportunities from the Type segment as it accounted for the largest market share in the base year.