Wireless Motor Monitoring System Industry Wireless Motor Monitoring System Industry
Wireless Motor Monitoring System Industry Key Players, Trends,
Growth Opportunities and Industry Forecast till 2025
“The market is anticipated to expand at a significant
CAGR of 6.38% in the upcoming period as the scope,
product types, and its applications are increasing across
the globe.”
Global wireless motor monitoring system market is anticipated to witness an exponential growth in the
forecast period. The factors that propel the growth of the market include increasing usage of wireless motor
monitoring systems in the water and waste water, power industries, and oil and gas, rise in the usage of wireless
technologies in industries, and technological advancement. The market is anticipated to expand at a significant
CAGR of 6.38% in the upcoming period as the scope, product types, and its applications are increasing across
the globe.
The new trend in the wireless motor monitoring system market is emergence of cloud-based motor condition
monitoring system. Condition-based maintenance comprises a process wherein maintenance check is
performed to determine whether the equipment is prone to failure or its efficiency will decrease. Technologies
such as motor current signature, vibration analysis, ultrasound, and oil examination help assess machinery
health and expect upcoming failures using condition-based monitoring.
Wireless motor monitoring system market could be explored by product type, wireless protocol, end user, and
geography. Market by product type could span dual analog sensors, vibration sensors, and power sensors. The
“Vibration Sensors” segment led the market in 2017 and will continue to lead in the forecast period. The key
factors that attributed to the growth of market include increasing acceptance of motors in industries, increased
usage of vibration sensors to measure the vibration based on displacement, velocity, and acceleration in motors.
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