Global Wireless Motor Monitoring System Market 2025-2029

Wireless Motor Monitoring System Market 2025-2029

The wireless motor monitoring system market is forecasted to grow by USD 131.5 million during 2024-2029, accelerating at a CAGR of 4.6% during the forecast period. The report on the wireless motor monitoring system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need for predictive maintenance, rise in adoption of IOT-connected devices, and advantages of using wireless solutions in industrial environment.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's wireless motor monitoring system market is segmented as below:

By Product

• Vibration sensors
• Power sensors
• Dual analog sensors

By End-user

• Oil and gas
• Automotive
• Water and wastewater industry
• Food and beverage
• Others

By Component

• Hardware
• Software
• Services

By Geographical Landscape

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

This study identifies the emergence of cloud-based motor condition monitoring system as one of the prime reasons driving the wireless motor monitoring system market growth during the next few years. Also, emerging demand for sensors with mobile software and rising use of wireless sensor networks (WSNs) will lead to sizable demand in the market.

The report on the wireless motor monitoring system market covers the following areas:

• Wireless Motor Monitoring System Market sizing
• Wireless Motor Monitoring System Market forecast
• Wireless Motor Monitoring System Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading wireless motor monitoring system market vendors that include ABB Ltd., Beckhoff Automation, Bosch Rexroth AG, Eaton Corp. PLC, Emerson Electric Co., Fluke Corp., General Electric Co., Honeywell International Inc., Infineon Technologies AG, K. A. Schmersal Holding GmbH and Co. KG, Mitsubishi Electric Corp., Moxa Inc., OleumTech Corp., OMRON Corp., Pepperl and Fuchs SE, Phoenix Contact GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp.. Also, the wireless motor monitoring system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.