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:
Value chain analysis
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 Segmentation by Product
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
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
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 positioning of vendors
Advantech Co. Ltd.
Eaton Corporation Plc
Emerson Electric Co.
Honeywell International Inc.
Rockwell Automation Inc.
Schneider Electric SE
Texas Instruments Inc.
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/
Laura Wood, Senior Press Manager
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