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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.Speak directly to the analyst to clarify any post sales queries you may have.
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.
The 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
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 report 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.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product
9 Market Segmentation by End-user
10 Market Segmentation by Component
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global wireless motor monitoring system market: 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..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of cloud-based motor condition monitoring system."
According to the report, one of the major drivers for this market is the increasing need for predictive maintenance.
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 and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
- Yokogawa Electric Corp.
