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Global Wireless Motor Monitoring System Market 2020-2024: Market is Poised to Grow by $100+ Million - ResearchAndMarkets.com

·3-min read

The "Global Wireless Motor Monitoring System Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The wireless motor monitoring system market is poised to grow by $ 100.12 mn during 2020-2024 progressing at a CAGR of 4% during the forecast period.

The report on 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the Increasing need for predictive maintenance, rise in adoption of IIoT-connected devices and advantages of using wireless solutions in industrial environment. In addition, increasing need for predictive maintenance is anticipated to boost the growth of the market as well.

This study identifies the adoption of cloud computing 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 evolution of advanced machine condition monitoring sensors will lead to sizable demand in the market.

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., Advantech Co. Ltd., Eaton Corporation Plc, Emerson Electric Co., Honeywell International Inc., Nidec Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Texas Instruments Inc..

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 on all forthcoming growth opportunities. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2019

  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by Product

  • Market segments

  • Comparison by Product

  • Vibration sensors - Market size and forecast 2019-2024

  • Power sensors - Market size and forecast 2019-2024

  • Dual analog sensors - Market size and forecast 2019-2024

  • Market opportunity by Product

Market Segmentation by End-user

  • Market segments

  • Comparison by End-user

  • Oil and gas - Market size and forecast 2019-2024

  • Automotive - Market size and forecast 2019-2024

  • Water and wastewater industry - Market size and forecast 2019-2024

  • Food and beverage - Market size and forecast 2019-2024

  • Others - Market size and forecast 2019-2024

  • Market opportunity by End-user

Market Segmentation by Wireless protocol

  • Wireless LAN

  • Wireless HART

  • WiMAX

  • ZigBee

  • Bluetooth

Customer Landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • North America - Market size and forecast 2019-2024

  • Europe - Market size and forecast 2019-2024

  • APAC - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Vendor landscape

  • Landscape disruption

  • Competitive landscape

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • ABB Ltd.

  • Advantech Co. Ltd.

  • Eaton Corporation Plc

  • Emerson Electric Co.

  • Honeywell International Inc.

  • Nidec Corp.

  • Rockwell Automation Inc.

  • Schneider Electric SE

  • Siemens AG

  • Texas Instruments Inc.

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/gekdoy

View source version on businesswire.com: https://www.businesswire.com/news/home/20201020005885/en/

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