The global industrial wireless vibration monitoring system market is expected to grow at a significant CAGR during the forecast period (2024-2031). Unnecessary human-mediated operations, such as manual inspections and unscheduled adjustments, are reduced via vibration monitoring. New technologies, such as system-on-a-chip (SOC), have pushed the bounds of data capture by allowing real-time, accurate data acquisition that can be communicated instantly to handheld devices like smartphones. One of the most significant advantages of wireless systems is the ability to provide crucial information to all linked functional units of an organisation at the same time.
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Industries such as oil and gas, electricity, chemical and petrochemical, and others, must adhere to strict international rules that mandate process efficiency, ergonomics, and staff safety, and have been crucial in generating safety-based demand. The automotive sector is expected to hold a major share in the industrial wireless vibration monitoring market on a global scale. Automobile manufacturers spend a lot of money on buying properties and equipment, constructing plants, purchasing and installing vibration monitoring systems, and integrating automation and robots. Vibration monitoring is widely used in the manufacturing, automotive, and energy and power industries. They’re employed for predictive analysis, which can assist firms to boost productivity and improving operational efficiency. These industries use large, capital-intensive gear and rely heavily on operational efficiencies to make money. Due to the usage of heavy gear, high power consumption, and proximity to volatile materials, it is critical to maintaining constant equipment monitoring to avert a disaster.
The requirement for preventative and predictive maintenance is driving the usage of wireless vibration sensors in a variety of sectors. It can detect and anticipate misalignment, imbalance, and resonance in roll bearing elements, for instance. Vibration data is collected regularly to look for irregular patterns that suggest machinery breakdown.
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Market Coverage
- Segment Covered
- Regions Covered- Globally
Competitive Landscape: SKF Group, GE., Schaeffler Group. among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Industrial Wireless Vibration Monitoring System Market by Segment
By Type
- Wi-Fi
- Bluetooth
- Zigbee
- Others
By Application
- Manufacturing
- Oil & Gas
- Chemical
- Energy
- Others
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