The global industrial wireless vibration monitoring system market is expected to grow at a significant CAGR during the forecast period (2021-2027). 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.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Industrial Wireless Vibration Monitoring System Market by Segment
By Type
- Wi-Fi
- Bluetooth
- Zigbee
- Others
By Application
- Manufacturing
- Oil & Gas
- Chemical
- Energy
- Others
Global Industrial Wireless Vibration Monitoring System Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
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