Bearing condition monitoring market seen reaching $11.35 billion by 2030

The bearing condition monitoring market reached $8.44 billion in 2025 and is projected to grow to $11.35 billion by 2030, driven by industrial automation, predictive maintenance and connected manufacturing systems. North America led the market in 2025, while Asia-Pacific is expected to be the fastest-growing region.

Why it matters: - Bearing condition monitoring helps industrial operators detect wear, misalignment, damage and lubrication failures before they turn into costly breakdowns. - The market’s growth reflects broader spending on predictive maintenance, smart manufacturing and equipment reliability. - The shift matters because better monitoring can reduce unplanned downtime, extend machinery life and lower maintenance costs.

What happened: - The bearing condition monitoring market reached $8.44 billion in 2025. - The market is projected to increase to $8.99 billion in 2026, equal to a 6.4% CAGR. - The market is forecast to reach $11.35 billion by 2030, at a 6.0% CAGR. - The Business Research Company released its report, Bearing Condition Monitoring Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035. - The report includes regional coverage of Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa.

The details: - Growth has been supported by demand for improved machinery reliability, wider use of predictive maintenance, industrial automation and more rotating equipment installations. - Companies are also focusing on lowering maintenance costs, which is adding to demand. - The forecast through 2030 is driven by investment in smart industrial infrastructure and connected asset management systems. - The market is seeing more use of condition-based maintenance, real-time vibration analysis, non-invasive inspection methods, multi-parameter monitoring systems and advanced diagnostic tools. - These tools are aimed at improving reliability and reducing downtime. - The report also adds market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, key technologies and future trend analysis. - A free sample report is available through the company’s announcement: Download a free sample. - The full report is available here: View the full report.

Between the lines: - IIoT and smart manufacturing are becoming major demand drivers because connected sensors, machines and automation systems can improve production efficiency and safety. - The market is benefiting from a push for faster production cycles, lower operating expenses and smarter automation. - A February 2024 Tive report found 53% of respondents used IoT devices for real-time shipment tracking in 2024, up from 25% in 2023, underscoring faster adoption of connected industrial tools. - North America held the largest market share in 2025. - Asia-Pacific is expected to be the fastest-growing region over the forecast period.

What's next: - Adoption of real-time machine health tracking and predictive maintenance is likely to keep expanding as industrial operators seek to cut downtime. - Demand should continue to rise as smart industrial infrastructure and connected asset management systems spread. - The market’s next growth phase will likely be shaped by digital transformation across industrial operations.

The bottom line: - Bearing condition monitoring is moving from a maintenance tool to a core part of modern industrial operations.