Global Wireless Motor Monitoring System Market 2018-2022

Global Wireless Motor Monitoring System Market 2018-2022

About Wireless Motor Monitoring System

The global wireless motor monitoring system market is a contributing segment of the global machine condition monitoring market. From a top-down perspective, Technavio has analyzed the global machine condition monitoring market as a parent market to set the context in which the global wireless motor monitoring system market will be analyzed. The growing need across industries for timely servicing of equipment to reduce damages and enhance the safety of personnel in plants will drive the growth of the global machine condition monitoring market during the forecast period.

Technavio’s analysts forecast the global wireless motor monitoring system market to grow at a CAGR of 6.38% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global wireless motor monitoring system market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Wireless Motor Monitoring System Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Eaton
  • Emerson Electric
  • Rockwell Automation
  • Schneider Electric
  • Siemens
Other prominent vendors
  • Advantech
  • Banner Engineering
  • Dynapar
  • General Electric
  • Honeywell International
  • KCF Technologies
  • Littelfuse, Monnit
  • National Instruments
  • Nidec
  • NXP Semiconductors
  • PCB Piezotronics
  • Petasense
  • Plexus Controls
  • RFMicron
  • SKF
  • Softbit Technologies
  • Texas Instruments
Market driver
  • Increasing need for predictive maintenance
  • For a full, detailed list, view our report
Market trend
  • Emergence of cloud-based motor condition monitoring system
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Wireless Motor Monitoring System Market 2018-2022

Technavio recognizes the following companies as the key players in the global wireless motor monitoring system market: ABB, Eaton, Emerson Electric, Rockwell Automation, Schneider Electric, and Siemens.

Other Prominent Vendors in the market are: Advantech, Banner Engineering, Dynapar, General Electric, Honeywell International, KCF Technologies, Littelfuse, Monnit, National Instruments, Nidec, NXP Semiconductors, PCB Piezotronics, Petasense, Plexus Controls, RFMicron, SKF, Softbit Technologies, and Texas Instruments.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is emergence of cloud-based motor condition monitoring system. Condition-based maintenance involves a procedure in which maintenance is performed to determine whether the equipment is prone to failure or its efficiency will decrease. Technologies such as vibration analysis, motor current signature, ultrasound, and oil analysis help assess machinery health and predict future failures using condition-based monitoring.”

According to the report, one driver in the market is increasing need for predictive maintenance. In the current industrial environment, maintenance does much more than merely avoid downtime of individual assets. Machines are extensively interconnected along the production chain. One failing machine might pause the whole production process. In industries, poor maintenance strategies can decrease the overall productive capacity of a plant. Long and constant runtimes of capital-intensive, highly-integrated assets or machines can lead to substantial competitive advantage. Predictive maintenance attempts to avert failures by maintaining equipment at pre-scheduled time intervals. This tactic is usually adopted when the cost of maintenance is modest and can be carried out outside production hours.

Companies Mentioned

ABB, Eaton, Emerson Electric, Rockwell Automation, Schneider Electric, Siemens, Advantech, Banner Engineering, Dynapar, General Electric, Honeywell International, KCF Technologies, Littelfuse, Monnit, National Instruments, Nidec, NXP Semiconductors, PCB Piezotronics, Petasense, Plexus Controls, RFMicron, SKF, Softbit Technologies, and Texas Instruments.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global machine condition monitoring market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global wireless motor monitoring system market - Market size and forecast 2017-2022 ($ mn)
      • Table Global wireless motor monitoring system market- Year-over-year growth 2018-2022 (%)
      • Table Difference between wired and wireless motor monitoring systems
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by wireless protocols
    • Segmentation by wireless protocols
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Vibration sensors- Market size and forecast 2017-2022
      • Table Vibration sensors- Market size and forecast 2017-2022 ($ mn)
      • Table Vibration sensors- Year-over-year growth 2018-2022 (%)
    • Power sensors - Market size and forecast 2017- 2022
      • Table Power sensors - Market size and forecast 2017-2022 ($ mn)
      • Table Power sensors - Year-over-year growth 2018-2022 (%)
    • Dual analog sensors- Market size and forecast 2017-2022
      • Table Dual analog sensors- Market size and forecast 2017-2022 ($ mn)
      • Table Dual analog sensors- Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Oil and gas - Market size and forecast 2017-2022
      • Table Oil and gas - Market size and forecast 2017-2022 ($ mn)
      • Table Oil and gas - Year-over-year growth 2018-2022 (%)
    • Automotive - Market size and forecast 2017-2022
      • Table Automotive - Market size and forecast 2017-2022 ($ mn)
      • Table Automotive - Year-over-year growth 2018-2022 (%)
    • Water and wastewater - Market size and forecast 2017-2022
      • Table Water and wastewater - Market size and forecast 2017-2022 ($ mn)
      • Table Water and wastewater - Year-over-year growth 2018-2022 (%)
    • Food and beverage - Market size and forecast 2017-2022
      • Table Food and beverage - Market size and forecast 2017-2022 ($ mn)
      • Table Food and beverage - Year-over-year growth 2018-2022 (%)
    • Others - Market size and forecast 2017-2022
      • Table Others - Market size and forecast 2017-2022 ($ mn)
      • Table Others - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Emergence of cloud-based motor condition monitoring system
    • Emerging demand for sensors with mobile software
    • Evolution of advanced machine condition monitoring sensors
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB
      • Table Vendor overview
      • Table ABB - Business segments
      • Table ABB - Organizational developments
      • Table ABB - Geographic focus
      • Table ABB - Segment focus
      • Table ABB - Key offerings
    • Eaton
      • Table Vendor overview
      • Table Eaton - Business segments
      • Table Eaton - Organizational developments
      • Table Eaton - Geographic focus
      • Table Eaton - Segment focus
      • Table Eaton - Key offerings
    • Emerson Electric
      • Table Vendor overview
      • Table Emerson Electric - Business segments
      • Table Emerson Electric - Organizational developments
      • Table Emerson Electric - Geographic focus
      • Table Emerson Electric - Segment focus
      • Table Emerson Electric - Key offerings
    • Rockwell Automation
      • Table Vendor overview
      • Table Rockwell Automation - Business segments
      • Table Rockwell Automation - Organizational developments
      • Table Rockwell Automation - Geographic focus
      • Table Rockwell Automation - Segment focus
      • Table Rockwell Automation - Key offerings
    • Schneider Electric
      • Table Vendor overview
      • Table Schneider Electric - Business segments
      • Table Schneider Electric - Organizational developments
      • Table Schneider Electric - Geographic focus
      • Table Schneider Electric - Segment focus
      • Table Schneider Electric - Key offerings
    • Siemens
      • Table Vendor overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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