Global Industrial Wireless Vibration Sensors Network Market Report 2023-2029. (Internet Services - Other Internet Services)

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Global Industrial Wireless Vibration Sensors Network Market Report 2023-2029.


Industrial Wireless Vibration Sensors Network Market Summary
According to the new market research report “Global Industrial Wireless Vibration Sensors Network Market Report 2023-2029”, published by QYResearch, the global Industrial Wireless Vibration Sensors Network market size is projected to reach USD 1.19 billion by 2029, at a CAGR of 6.6% during the forecast period.

Market Drivers:
Ever-increasing demand for data by plant operators at an economical price, which increase the demand of Wireless Vibration Sensor systems.
The rise of the Internet of Things (IoT) has improved digital radio performance, also the edge computing in IoT devices further enhances wireless communications.
Wireless sensor has high reliability. Wireless sensors can avoid damage caused by movement, such as wire bending caused by long drag chain, cable twisting and breaking caused by rotating movement, etc. At the same time, the fault factors caused by connectors in wired networks are eliminated.
Wireless sensor has high security. With the development of technology and the continuous emergence of new threats, the upgrading ability of security maintenance is essential. The new encryption strategy and covert data transmission indicate that the security level of wireless system will exceed that of wired system.
In addition, in some dangerous extreme environments, such as blasting occasions where wiring is inconvenient, wireless sensors can ensure personnel safety.

Restraint:
Wireless sensors obviously require batteries to perform as expected. The most significant factor in the success or failure of utilizing wireless sensors is the battery’s performance.
The effectiveness and accuracy of data transmission still need to be improved.
Wireless sensors still have some disadvantages. For example, they are usually limited by distance, because the speed of data transmission depends on the position of the receiving device relative to the sensor. In contrast, wired sensors have more predictable data transmission time.

Opportunity:
As the march towards digitization continues unabated, one lesson that becomes clear is that the demand for data is never satisfied. Supplying this data, however, must be done economically. Condition monitoring of plant assets is no different. Conventional installations require a multi-conductor, shielded cable to be connected to the sensor installed on the machine and run all the way back to a central machinery protection system. The total cable run length could be hundreds of feet long. Every sensor requires this. With multiple sensors, thousands of feet of cable are required. Wireless sensors can solve this problem.
Availability of improved battery life makes operation of wireless sensors feasible economically. Going from replacing batteries every few months, to every year, to every two years and beyond suddenly makes operation of wireless sensors cost competitive with wired sensors.
Wireless Vibration Sensors are used today for multiple purposes, being online Condition Monitoring the most important one. A big variety of Wireless protocols allow Wireless Accelerometers to be used in multiple ways replacing existing wired solutions. Bluetooth 5.0 mesh network technology allows to easily build big networks of sensors.
Downstream application scenarios gradually increase.
With the rapid development of science and technology, sensors are more widely used, and the detection technology of vibration sensing signal is more and more advanced. Accurate acquisition and detection of vibration signals is conducive to users' correct judgment of the signals of vibration sources. For example, when the machine tool fails, users can infer the specific problems of the machine tool according to the characteristics of its vibration signals.

The global key manufacturers of Industrial Wireless Vibration Sensors Network include Baker Hughes, TE Connectivity, Valmet, Shinkawa Electric, ABB, Emerson, Yokogawa, Erbessd Instruments, Banner Engineering, Ifm, etc. In 2022, the global top five players had a share approximately 84.0% in terms of revenue.
The global key manufacturers of Industrial Wireless Vibration Sensors Network include Baker Hughes, TE Connectivity, Valmet, Shinkawa Electric, ABB, Emerson, Yokogawa, Erbessd Instruments, Banner Engineering, Ifm, etc. In 2022, the global top 10 players had a share approximately 94.0% in terms of revenue.

In terms of product type, currently Short-range Wireless Technology is the largest segment, hold a share of 73.8%.

In terms of product application, currently Manufacturing is the largest segment, hold a share of 24.5%.



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Last Update : Mar 15, 2024 2:31 AM
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