Home » Information and Communications Technology » Wireless Condition Monitoring Services Market

Wireless Condition Monitoring Services Market By Monitoring Parameter (Wireless Vibration Monitoring Services, Wireless Temperature Monitoring Services, Wireless Lubrication / Oil Condition Monitoring Services); By Connectivity Technology (Wi-Fi-Based Monitoring Services, Bluetooth-Enabled Monitoring Services, Zigbee / LoRaWAN Monitoring Services, Cellular (4G/5G) Monitoring Services, Others); By End-Use Industry (Oil & Gas, Power Generation & Utilities, Manufacturing, Automotive, Mining & Metals, Others); By Region – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Name: Wireless Condition Monitoring Services Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2025-10-23
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Wireless Condition Monitoring Services Market

Summary
Table Of Content
Request Free Sample

Market Overview:

The Global Wireless Condition Monitoring Services Market size was valued at USD 1,090.97 million in 2018 to USD 2,166.84 million in 2024 and is anticipated to reach USD 5,633.97 million by 2032, at a CAGR of 11.82% during the forecast period.

REPORT ATTRIBUTE	DETAILS
Historical Period	2020-2023
Base Year	2024
Forecast Period	2025-2032
Wireless Condition Monitoring Services Market Size 2024	USD 2,166.84 Million
Wireless Condition Monitoring Services Market , CAGR	11.82%
Wireless Condition Monitoring Services Market Size 2032	USD 5,633.97 Million

The market is expanding rapidly due to the rising demand for predictive maintenance, improved equipment uptime, and operational efficiency. Industries are shifting from reactive to condition-based maintenance strategies to reduce unplanned downtime. Growing adoption of IoT-enabled wireless sensors, AI-powered data analytics, and cloud platforms is supporting this transition. Sectors such as manufacturing, energy, and transportation are increasingly integrating these technologies to enhance asset performance and reduce maintenance costs.

North America leads the Global Wireless Condition Monitoring Services Market due to its strong digital infrastructure, early technology adoption, and focus on industrial automation. Europe follows with widespread investments in smart factories and energy-efficient asset management solutions. Asia Pacific is emerging rapidly, driven by industrial expansion in China, India, and Southeast Asia. The Middle East and Latin America are showing steady growth supported by developments in energy, oil, and gas industries. The accelerating pace of digital transformation and industrial modernization is strengthening market penetration across all major regions.

Access crucial information at unmatched prices!

Request your sample report today & start making informed decisions powered by Credence Research Inc.!

Download Sample

Market Insights:

The Global Wireless Condition Monitoring Services Market was valued at USD 1,090.97 million in 2018 and USD 2,166.84 million in 2024, with a projected value of USD 5,633.97 million by 2032 at a CAGR of 11.82%.
North America led with 36% market share in 2024, supported by strong digital infrastructure and early adoption. Europe followed with 29% due to smart factory investments, while Asia Pacific held 24% driven by rapid industrialization.
Asia Pacific is the fastest-growing region, projected to expand its share beyond 30% by 2032, supported by manufacturing growth in China and India and Industry 4.0 adoption.
Wireless vibration monitoring held 48% of the Global Wireless Condition Monitoring Services Market in 2024, making it the largest monitoring parameter segment.
Wireless temperature monitoring accounted for 34%, while oil condition monitoring represented the remaining share, reflecting growing multi-parameter monitoring strategies across industries.

Market Drivers

Rising Demand for Predictive Maintenance and Equipment Uptime Optimization

The Global Wireless Condition Monitoring Services Market is witnessing strong demand due to the growing need for predictive maintenance strategies. Industries are shifting from traditional scheduled maintenance to condition-based maintenance to avoid unexpected failures. Wireless monitoring enables real-time data collection from critical assets, helping teams detect faults early. It improves operational uptime, lowers maintenance costs, and extends equipment life. Sectors such as manufacturing, power generation, and oil and gas are increasingly adopting such solutions. The deployment of wireless sensor networks enhances flexibility in monitoring remote assets. This development supports productivity gains and operational reliability across industries.

Expanding Industrial Automation and Smart Manufacturing Practices

Industrial automation initiatives are increasing the use of wireless monitoring solutions in manufacturing environments. The integration of IoT sensors and advanced analytics is driving better decision-making in production operations. Automation reduces manual inspections and enhances visibility into asset health. It supports real-time condition tracking, which aligns with lean manufacturing goals. Wireless networks allow quick deployment without extensive wiring, saving time and cost. The flexibility of wireless infrastructure supports equipment mobility and scalability. Industries benefit from reduced downtime and improved throughput. This approach accelerates digital transformation in several production facilities.

For example, Siemens Energy, working with Amazon Web Services, deployed an Industrial IoT platform using AWS IoT SiteWise across 18 factories to cut manual data-collection time by 50%, reduce maintenance costs by 25%, and increase machine availability by 15%.

Growing Emphasis on Energy Efficiency and Sustainable Operations

Enterprises are focusing on optimizing energy consumption and minimizing operational inefficiencies. Wireless monitoring solutions help identify energy wastage through vibration, temperature, and load data analysis. It enables timely maintenance actions that reduce power loss and operational strain on equipment. Energy-intensive industries, including utilities and oil and gas, are prioritizing this shift. By integrating wireless condition monitoring, companies achieve better sustainability targets. Regulatory pressure to reduce carbon footprints supports this adoption. Wireless systems offer low-cost and low-energy deployment options. This trend is pushing many industries to modernize their maintenance infrastructure.

Rapid Advancements in IoT and Sensor Technologies

The increasing sophistication of wireless sensors is strengthening market expansion. Modern sensors deliver higher accuracy, longer battery life, and better connectivity across industrial environments. It allows enterprises to capture precise data and predict equipment failures more effectively. IoT platforms support data aggregation and advanced analytics. Wireless communication protocols ensure seamless integration with existing maintenance systems. These developments support scaling condition monitoring across large facilities. It simplifies complex processes and improves cost-effectiveness. This ongoing innovation creates favorable conditions for market growth.

For instance, Emerson expanded its WirelessHART ecosystem in 2024 with the Rosemount 802 Wireless Multi-Discrete Input/Output Transmitter, offering eight configurable I/O channels, and X-well Technology sensors for non-intrusive temperature measurement. In 2025, Emerson confirmed its 1410S Wireless Gateway supports up to 500 connected devices per antenna, enhancing scalability for industrial deployments.

Market Trends

Widening Integration of Edge Analytics and AI in Condition Monitoring Solutions

The Global Wireless Condition Monitoring Services Market is experiencing a notable trend toward integrating edge computing and AI into monitoring frameworks. Edge analytics enables faster decision-making by processing data closer to the source. AI algorithms improve fault detection accuracy and reduce false alarms. This combination supports predictive maintenance with higher reliability. Enterprises benefit from improved data security and reduced latency. These technologies also lower bandwidth use, making monitoring more efficient. Several industries are embedding AI models directly into wireless devices. This trend is reshaping asset monitoring architectures globally.

For instance, Siemens’ Senseye Predictive Maintenance platform integrates AI-driven anomaly detection and degradation forecasting to support predictive maintenance across connected assets. In February 2024, Siemens announced the addition of generative AI capabilities to Senseye to enhance equipment performance monitoring in industrial environments.

Adoption of Cloud-Native Platforms and Data-Driven Maintenance Systems

Cloud platforms are increasingly used to manage wireless monitoring data at scale. These platforms provide secure storage, advanced analytics, and real-time visualization tools. It enables enterprises to centralize data from multiple locations. Cloud-native solutions offer easy integration with enterprise maintenance systems. They enhance collaboration between field and control teams. The shift supports faster deployment and lower IT infrastructure costs. Industries gain better asset visibility and improved decision-making capabilities. This approach drives market maturity and operational flexibility.

Focus on Modular and Scalable Wireless Infrastructure Deployment

Organizations are preferring modular and scalable wireless networks for condition monitoring. These systems adapt easily to changing production layouts. It helps industries expand their monitoring coverage without replacing infrastructure. Modular deployment reduces installation time and upfront investment. Scalable systems support multiple sensor types and protocols. It enables phased implementation aligned with operational needs. This trend appeals to small and medium enterprises aiming for gradual digital transformation. The adoption of such architectures enhances monitoring precision and cost efficiency.

Increased Use of Digital Twins and Real-Time Equipment Modeling

Digital twin technology is emerging as a key enabler of advanced asset monitoring. It creates virtual replicas of equipment to simulate performance under real conditions. It helps maintenance teams predict failures before they occur. Real-time data from wireless sensors feeds into these models to enhance accuracy. This integration supports advanced forecasting and decision support. It improves maintenance planning and resource allocation. Industries leverage this capability to optimize production output. The adoption of digital twins is accelerating in manufacturing and energy sectors.

For instance, GE Vernova’s Asset Performance Management suite, including SmartSignal, monitors over 7,000 industrial assets using more than 350 digital twin blueprints. The company reports over USD 1.6 billion in customer-verified savings through predictive maintenance, with a documented case involving Competitive Power Ventures (CPV).

Market Challenges Analysis

High Initial Investment Costs and Integration Complexity Across Existing Infrastructure

The Global Wireless Condition Monitoring Services Market faces cost-related and integration challenges. Many industries hesitate to adopt wireless solutions due to upfront equipment and installation costs. The integration of new systems with legacy infrastructure often involves complex processes. It requires specialized skills, which increases deployment time and expenses. Companies in developing regions find these costs harder to absorb. Data synchronization issues can arise when multiple equipment types are involved. Limited standardization in communication protocols creates additional barriers. These factors slow down adoption, especially among small enterprises. A gradual implementation strategy may be necessary to overcome such resistance.

Data Security Concerns and Limited Technical Expertise in Some Industries

The increasing use of wireless connectivity raises concerns about cybersecurity risks. Unauthorized access to sensor networks can disrupt operational continuity. Many industries lack strong IT security frameworks to protect monitoring systems. This vulnerability creates hesitation toward large-scale deployment. A shortage of skilled personnel further complicates adoption. Industries with limited digital maturity struggle to operate and maintain advanced solutions effectively. Poor training and inadequate support infrastructure reduce system efficiency. Addressing these gaps will be critical for sustained market expansion.

Market Opportunities

Expansion in Emerging Industrial Hubs and Energy-Intensive Sectors

The Global Wireless Condition Monitoring Services Market holds strong opportunities in emerging economies with rapid industrialization. Growing manufacturing activity in Asia Pacific, Latin America, and the Middle East is creating demand for efficient maintenance systems. Energy-intensive sectors are exploring wireless monitoring to enhance asset longevity. Governments are promoting Industry 4.0 initiatives to support infrastructure modernization. The scalable nature of wireless systems suits greenfield industrial projects. Enterprises in these regions aim to improve competitiveness through digital tools. This scenario offers a favorable ground for market penetration.

Development of Advanced Wireless Technologies and Strategic Collaborations

Continuous innovation in low-power, long-range wireless communication technologies is expanding opportunities. It allows cost-effective deployment across large industrial facilities. Strategic collaborations between technology providers and industry players are accelerating adoption. Joint ventures help reduce implementation costs and address technical barriers. Improved interoperability standards simplify integration into diverse operating environments. The emphasis on energy efficiency and operational resilience supports long-term demand. These factors create a strong foundation for sustainable market growth.

Market Segmentation Analysis:

The Global Wireless Condition Monitoring Services Market is segmented by monitoring parameter, connectivity technology, and end-use industry.

By monitoring parameter, wireless vibration monitoring services dominate the segment with the highest adoption across manufacturing and energy sectors. Wireless temperature monitoring services hold a strong share, driven by their role in real-time thermal tracking. Wireless lubrication and oil condition monitoring services are expanding rapidly due to their importance in preventing mechanical wear and improving operational safety. This segment mix reflects a growing focus on multi-parameter monitoring strategies to optimize asset performance.

For instance, Crystal Instruments’ wireless vibration sensors support high-frequency data capture between 0.5 Hz and 6.5 kHz, enabling accurate monitoring across multiple machine types in industrial environments. The technology is designed to enhance vibration analysis and real-time condition monitoring.

By connectivity technology, Wi-Fi-based monitoring services lead due to their stable bandwidth and ease of deployment in industrial environments. Bluetooth-enabled systems are gaining traction in smaller and mobile equipment applications. Zigbee and LoRaWAN technologies are preferred in remote and wide-area industrial networks. Cellular 4G/5G monitoring services are accelerating in adoption for critical infrastructure and distributed assets. Other niche technologies support specialized industrial use cases, providing flexibility in connectivity solutions.

By end-use industry, manufacturing holds the largest share, supported by its strong shift toward predictive maintenance strategies. Oil and gas as well as power generation and utilities are major adopters, leveraging monitoring solutions for operational safety and energy efficiency. Automotive, mining, and metals sectors are expanding adoption to reduce downtime and optimize production cycles. This diverse adoption landscape underlines the market’s alignment with industrial modernization and digital transformation initiatives worldwide.

For instance, Bosch applies AI-driven predictive maintenance in its production facilities using IoT-based vibration and temperature sensors to detect equipment failures early. This approach integrates real-time monitoring with enterprise systems, reducing unplanned downtime and improving operational efficiency.

Segmentation:

By Monitoring Parameter

Wireless Vibration Monitoring Services
Wireless Temperature Monitoring Services
Wireless Lubrication / Oil Condition Monitoring Services

By Connectivity Technology

Wi-Fi-Based Monitoring Services
Bluetooth-Enabled Monitoring Services
Zigbee / LoRaWAN Monitoring Services
Cellular (4G/5G) Monitoring Services
Others

By End-Use Industry

Oil & Gas
Power Generation & Utilities
Manufacturing
Automotive
Mining & Metals
Others

By Region:

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa

Regional Analysis:

North America

The North America Global Wireless Condition Monitoring Services Market size was valued at USD 477.13 million in 2018 to USD 937.83 million in 2024 and is anticipated to reach USD 2,445.20 million by 2032, at a CAGR of 11.9% during the forecast period. Regional market share: 2024 is 43.3%. North America leads on technology deployment depth. Manufacturers invest to cut downtime and raise OEE. Asset-heavy sectors adopt AI-aided diagnostics at scale. Utilities use cellular and private LTE for grid assets. Refineries use vibration and oil analysis for safety. Cybersecurity standards drive secure device onboarding. Vendors bundle sensors, gateways, and analytics in service models. The Global Wireless Condition Monitoring Services Market gains scale here. It benefits from strong cloud and edge ecosystems.

Europe

The Europe Global Wireless Condition Monitoring Services Market size was valued at USD 309.97 million in 2018 to USD 593.49 million in 2024 and is anticipated to reach USD 1,452.98 million by 2032, at a CAGR of 11.0% during the forecast period. Regional market share: 2024 is 27.4%. Europe advances with Industry 4.0 programs. EU regulations push energy efficiency and uptime. Automotive hubs adopt plant-wide wireless diagnostics. Wind and hydrogen assets expand monitoring spend. Brownfield plants prefer Bluetooth and LoRaWAN retrofits. Data residency rules shape cloud choices. OEM service contracts include predictive SLAs. The Global Wireless Condition Monitoring Services Market grows with retrofit demand. It also benefits from green funding and grants.

Asia Pacific

The Asia Pacific Global Wireless Condition Monitoring Services Market size was valued at USD 204.27 million in 2018 to USD 440.67 million in 2024 and is anticipated to reach USD 1,301.50 million by 2032, at a CAGR of 13.6 during the forecast period. Regional market share: 2024 is 20.3%. Asia Pacific expands fastest on industrial capacity growth. Semiconductor, EV, and battery plants scale uptime programs. Ports and metros deploy condition sensors for fleets. 5G private networks back low-latency analytics. Cost-sensitive users adopt subscription services first. Multisite enterprises favor cloud dashboards. Harsh environments drive IP-rated sensors. The Global Wireless Condition Monitoring Services Market gains from capex cycles. Local system integrators speed deployments.

Latin America

The Latin America Global Wireless Condition Monitoring Services Market size was valued at USD 50.44 million in 2018 to USD 98.91 million in 2024 and is anticipated to reach USD 226.98 million by 2032, at a CAGR of 10.1 during the forecast period. Regional market share: 2024 is 4.6%. Adoption rises in oil, mining, and cement. Remote sites value wireless over wired builds. Utilities begin grid asset monitoring pilots. Currency risk encourages service-based contracts. Cloud-hosted portals reduce support costs. Safety and compliance bolster demand in process plants. Training and local support remain key. The Global Wireless Condition Monitoring Services Market advances with brownfield retrofits. Regional distributors extend reach across secondary cities.

Middle East

The Middle East Global Wireless Condition Monitoring Services Market size was valued at USD 29.83 million in 2018 to USD 54.04 million in 2024 and is anticipated to reach USD 117.97 million by 2032, at a CAGR of 9.4 during the forecast period. Regional market share: 2024 is 2.5%. Hydrocarbon assets drive core demand. Operators monitor rotating equipment and pipelines. Mega projects add smart maintenance scopes. Harsh climates require ruggedized sensors. Private 5G supports refineries and terminals. Vendors pair analytics with reliability consulting. National programs promote digital twins. The Global Wireless Condition Monitoring Services Market grows with greenfield complexes. Service partnerships address skills gaps.

Africa

The Africa Global Wireless Condition Monitoring Services Market size was valued at USD 19.33 million in 2018 to USD 41.90 million in 2024 and is anticipated to reach USD 89.34 million by 2032, at a CAGR of 9.1 during the forecast period. Regional market share: 2024 is 1.9%. Growth centers on mining, power, and midstream. Remote operations favor low-power wide-area links. Utilities deploy sensors for transformer health. OEMs bundle monitoring with equipment sales. Skills development programs unlock value. Cloud access reduces onsite IT needs. Financing models ease upfront barriers. The Global Wireless Condition Monitoring Services Market progresses with regional integration. Cross-border projects expand service footprints.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Customize Now

Key Player Analysis:

Emerson Electric Co.
SKF Group
Honeywell International Inc.
Siemens AG
Schneider Electric SE
ABB Ltd.
General Electric (GE Vernova)

Competitive Analysis:

The Global Wireless Condition Monitoring Services Market features a concentrated competitive landscape with strong participation from industrial technology leaders. It includes players such as Emerson Electric Co., SKF Group, Honeywell International Inc., Siemens AG, Schneider Electric SE, ABB Ltd., and General Electric. These companies focus on expanding connectivity technology portfolios and strengthening predictive maintenance capabilities. It reflects rising investments in cloud analytics, vibration sensing, and AI integration. Strategic moves include mergers, regional expansions, and product innovations to improve service coverage. It emphasizes differentiation through cybersecurity, interoperability, and data-driven asset optimization. Vendors align offerings with key industries such as oil and gas, manufacturing, and power generation. Partnerships with system integrators enhance local delivery capabilities. Start-ups target niche wireless technologies to gain footholds in emerging regions. Competitive intensity remains high as service providers race to secure multi-year reliability contracts.

Recent Developments:

In October 2025, Honeywell International Inc. and LS Electricannounced a global strategic collaboration to develop integrated power management and wireless monitoring systems for data centers and industrial sites. The partnership aims to combine Honeywell’s automation expertise and LS Electric’s power management systems to enhance predictive maintenance and energy optimization through AI-enabled condition-based monitoring platforms.
In October 2025, GE Vernovaand Verizon announced a joint launch of the GE Vernova MDS Orbit industrial wireless platform, designed to enhance communication infrastructure for utility operations. The platform, now hosted on Verizon’s cellular network, supports resilient and secure data transfer for SCADA and asset monitoring systems.
In October 2025, MISTRAS Group entered into a partnership with Villari to enhance its wireless crack detection and structural health monitoring solutions. Announced on October 13, 2025, this collaboration allows MISTRAS to integrate Villari’s advanced wireless sensor technology into its service offerings, particularly targeting steel structures at risk of cracking.
In January 2025, Siemens AG presented new Industrial AI capabilitiesintegrated into its Siemens Xcelerator portfolio at CES 2025. The company introduced the Siemens Industrial Copilot, a system designed to integrate AI directly into industrial edge environments to boost maintenance efficiency and condition monitoring at the machine level.

Report Coverage:

The research report offers an in-depth analysis based on Monitoring Parameter, Connectivity Technology and End-Use Industry. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook:

Digital transformation across asset-heavy industries will accelerate adoption of wireless monitoring services.
AI-driven predictive analytics will enhance equipment performance insights and reduce unplanned downtime.
Integration with cloud platforms will enable real-time data sharing and faster decision-making.
Advanced sensor technologies will improve measurement accuracy and expand operational coverage.
5G and LPWAN networks will support large-scale, low-latency deployments in complex facilities.
Service-based business models will gain traction as enterprises seek cost-effective maintenance solutions.
Vendors will focus on cybersecurity to address growing concerns in connected operational environments.
Partnerships between OEMs and technology firms will strengthen end-to-end monitoring ecosystems.
Regional expansions will create new opportunities in underpenetrated markets with industrial modernization goals.
Sustainability goals will drive investments in smart maintenance systems that reduce energy waste and extend asset life.

CHAPTER NO. 1 : INTRODUCTION 25
1.1.1. Report Description 25
Purpose of the Report 25
USP & Key Offerings 25
1.1.2. Key Benefits for Stakeholders 25
1.1.3. Target Audience 26
1.1.4. Report Scope 26
1.1.5. Regional Scope 27
CHAPTER NO. 2 : EXECUTIVE SUMMARY 28
2.1. Wireless Condition Monitoring Services Market Snapshot 28
2.1.1. Global Wireless Condition Monitoring Services Market, 2018 – 2032 (USD Million) 29
CHAPTER NO. 3 : GEOPOLITICAL CRISIS IMPACT ANALYSIS 30
3.1. Russia-Ukraine and Israel-Palestine War Impacts 30
CHAPTER NO. 4 : WIRELESS CONDITION MONITORING SERVICES MARKET – INDUSTRY ANALYSIS 31
4.1. Introduction 31
4.2. Market Drivers 32
4.2.1. Increasing Adoption of Predictive Maintenance Strategies 32
4.2.2. Growing Demand for Remote and Real-Time Monitoring Solutions 33
4.3. Market Restraints 34
4.3.1. Data Security and Connectivity Concerns 34
4.4. Market Opportunities 35
4.4.1. Market Opportunity Analysis 35
4.5. Porter’s Five Forces Analysis 36
CHAPTER NO. 5 : ANALYSIS COMPETITIVE LANDSCAPE 37
5.1. Company Market Share Analysis – 2024 37
5.1.1. Global Wireless Condition Monitoring Services Market: Company Market Share, by Revenue, 2024 37
5.1.2. Global Wireless Condition Monitoring Services Market: Top 6 Company Market Share, by Revenue, 2024 37
5.1.3. Global Wireless Condition Monitoring Services Market: Top 3 Company Market Share, by Revenue, 2024 38
5.2. Global Wireless Condition Monitoring Services Market Company Revenue Market Share, 2024 39
5.3. Company Assessment Metrics, 2024 40
5.3.1. Stars 40
5.3.2. Emerging Leaders 40
5.3.3. Pervasive Players 40
5.3.4. Participants 40
5.4. Start-ups /SMEs Assessment Metrics, 2024 40
5.4.1. Progressive Companies 40
5.4.2. Responsive Companies 40
5.4.3. Dynamic Companies 40
5.5. Starting BlocksStrategic Developments 40
5.5.1. Acquisitions & Mergers 41
New Connectivity Technology Launch 41
Regional Expansion 41
5.6. Key Players Connectivity Technology Matrix 42
CHAPTER NO. 6 : PESTEL & ADJACENT MARKET ANALYSIS 43
6.1. PESTEL 43
6.1.1. Political Factors 43
6.1.2. Economic Factors 43
6.1.3. Social Factors 43
6.1.4. Technological Factors 43
6.1.5. Environmental Factors 43
6.1.6. Legal Factors 43
6.2. Adjacent Market Analysis 43
CHAPTER NO. 7 : WIRELESS CONDITION MONITORING SERVICES MARKET – BY MONITORING PARAMETER SEGMENT ANALYSIS 44
7.1. Wireless Condition Monitoring Services Market Overview, by Monitoring Parameter Segment 44
7.1.1. Wireless Condition Monitoring Services Market Revenue Share, By Monitoring Parameter, 2023 & 2032 45
7.1.2. Wireless Condition Monitoring Services Market Attractiveness Analysis, By Monitoring Parameter 46
7.1.3. Incremental Revenue Growth Opportunity, by Monitoring Parameter, 2024 – 2032 46
7.1.4. Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018, 2023, 2027 & 2032 47
7.2. Wireless Vibration Monitoring Services 48
7.2.1. Global Wireless Vibration Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 49
7.2.2. Global Wireless Vibration Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 49
7.3. Wireless Temperature Monitoring Services 50
7.3.1. Global Wireless Temperature Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 51
7.3.2. Global Wireless Temperature Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 51
7.4. Wireless Lubrication / Oil Condition Monitoring Services 52
7.4.1. Global Wireless Lubrication / Oil Condition Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 53
7.4.2. Global Wireless Lubrication / Oil Condition Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 53
CHAPTER NO. 8 : WIRELESS CONDITION MONITORING SERVICES MARKET – BY CONNECTIVITY TECHNOLOGY SEGMENT ANALYSIS 54
8.1. Wireless Condition Monitoring Services Market Overview, by Connectivity Technology Segment 54
8.1.1. Wireless Condition Monitoring Services Market Revenue Share, By Connectivity Technology, 2023 & 2032 55
8.1.2. Wireless Condition Monitoring Services Market Attractiveness Analysis, By Connectivity Technology 56
8.1.3. Incremental Revenue Growth Opportunity, by Connectivity Technology, 2024 – 2032 56
8.1.4. Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018, 2023, 2027 & 2032 57
8.2. Wi-Fi-Based Monitoring Services 58
8.2.1. Global Wi-Fi-Based Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 59
8.2.2. Global Wi-Fi-Based Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 59
8.3. Bluetooth-Enabled Monitoring Services 60
8.3.1. Global Bluetooth-Enabled Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 61
8.3.2. Global Bluetooth-Enabled Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 61
8.4. Zigbee / LoRaWAN Monitoring Services 62
8.4.1. Global Zigbee / LoRaWAN Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 63
8.4.2. Global Zigbee / LoRaWAN Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 63
8.5. Cellular (4G/5G) Monitoring Services 64
8.5.1. Global Cellular (4G/5G) Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 65
8.5.2. Global Cellular (4G/5G) Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 65
8.6. Others 66
8.6.1. Global Others Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 67
8.6.2. Global Others Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 67
CHAPTER NO. 9 : WIRELESS CONDITION MONITORING SERVICES MARKET – BY END-USE INDUSTRY SEGMENT ANALYSIS 68
9.1. Wireless Condition Monitoring Services Market Overview, by End-Use Industry Segment 68
9.1.1. Wireless Condition Monitoring Services Market Revenue Share, By End-Use Industry, 2023 & 2032 69
9.1.2. Wireless Condition Monitoring Services Market Attractiveness Analysis, By End-Use Industry 70
9.1.3. Incremental Revenue Growth Opportunity, by End-Use Industry, 2024 – 2032 70
9.1.4. Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018, 2023, 2027 & 2032 71
9.2. Oil & Gas 72
9.2.1. Global Oil & Gas Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 73
9.2.2. Global Oil & Gas Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 73
9.3. Power Generation & Utilities 74
9.3.1. Global Power Generation & Utilities Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 75
9.3.2. Global Power Generation & Utilities Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 75
9.4. Manufacturing 76
9.4.1. Global Manufacturing Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 77
9.4.2. Global Manufacturing Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 77
9.5. Automotive 78
9.5.1. Global Automotive Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 79
9.5.2. Global Automotive Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 79
9.6. Mining & Metals 80
9.6.1. Global Mining & Metals Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 81
9.6.2. Global Mining & Metals Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 81
9.7. Others 82
9.7.1. Global Others Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 83
9.7.2. Global Others Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 83
CHAPTER NO. 10 : WIRELESS CONDITION MONITORING SERVICES MARKET – REGIONAL ANALYSIS 84
10.1. Wireless Condition Monitoring Services Market Overview, by Regional Segments 84
10.2. Region 85
10.2.1. Global Wireless Condition Monitoring Services Market Revenue Share, By Region, 2023 & 2032 85
10.2.2. Wireless Condition Monitoring Services Market Attractiveness Analysis, By Region 86
10.2.3. Incremental Revenue Growth Opportunity, by Region, 2024 – 2032 86
10.2.4. Wireless Condition Monitoring Services Market Revenue, By Region, 2018, 2023, 2027 & 2032 87
10.2.5. Global Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 88
10.2.6. Global Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 88
10.3. Monitoring Parameter 89
10.3.1. Global Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018 – 2023 (USD Million) 89
10.3.2. Global Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2024 – 2032 (USD Million) 89
10.4. Connectivity Technology 90
10.4.1. Global Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018 – 2023 (USD Million) 90
10.4.2. Global Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2024 – 2032 (USD Million) 91
10.5. End-Use Industry 92
10.5.1. Global Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018 – 2023 (USD Million) 92
10.5.2. Global Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2024 – 2032 (USD Million) 92
CHAPTER NO. 11 : WIRELESS CONDITION MONITORING SERVICES MARKET – NORTH AMERICA 93
11.1. North America 93
11.1.1. Key Highlights 93
11.1.2. North America Wireless Condition Monitoring Services Market Revenue, By Country, 2018 – 2023 (USD Million) 94
11.1.3. North America Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018 – 2023 (USD Million) 95
11.1.4. North America Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018 – 2023 (USD Million) 96
11.1.5. North America Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018 – 2023 (USD Million) 97
11.2. U.S. 98
11.3. Canada 98
11.4. Mexico 98
CHAPTER NO. 12 : WIRELESS CONDITION MONITORING SERVICES MARKET – EUROPE 99
12.1. Europe 99
12.1.1. Key Highlights 99
12.1.2. Europe Wireless Condition Monitoring Services Market Revenue, By Country, 2018 – 2023 (USD Million) 100
12.1.3. Europe Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018 – 2023 (USD Million) 101
12.1.4. Europe Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018 – 2023 (USD Million) 102
12.1.5. Europe Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018 – 2023 (USD Million) 103
12.2. UK 104
12.3. France 104
12.4. Germany 104
12.5. Italy 104
12.6. Spain 104
12.7. Russia 104
12.8. Belgium 104
12.9. Netherland 104
12.10. Austria 104
12.11. Sweden 104
12.12. Poland 104
12.13. Denmark 104
12.14. Switzerland 104
12.15. Rest of Europe 104
CHAPTER NO. 13 : WIRELESS CONDITION MONITORING SERVICES MARKET – ASIA PACIFIC 105
13.1. Asia Pacific 105
13.1.1. Key Highlights 105
13.1.2. Asia Pacific Wireless Condition Monitoring Services Market Revenue, By Country, 2018 – 2023 (USD Million) 106
13.1.3. Asia Pacific Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018 – 2023 (USD Million) 107
13.1.4. Asia Pacific Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018 – 2023 (USD Million) 108
13.1.5. Asia Pacific Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018 – 2023 (USD Million) 109
13.2. China 110
13.3. Japan 110
13.4. South Korea 110
13.5. India 110
13.6. Australia 110
13.7. Thailand 110
13.8. Indonesia 110
13.9. Vietnam 110
13.10. Malaysia 110
13.11. Philippines 110
13.12. Taiwan 110
13.13. Rest of Asia Pacific 110
CHAPTER NO. 14 : WIRELESS CONDITION MONITORING SERVICES MARKET – LATIN AMERICA 111
14.1. Latin America 111
14.1.1. Key Highlights 111
14.1.2. Latin America Wireless Condition Monitoring Services Market Revenue, By Country, 2018 – 2023 (USD Million) 112
14.1.3. Latin America Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018 – 2023 (USD Million) 113
14.1.4. Latin America Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018 – 2023 (USD Million) 114
14.1.5. Latin America Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018 – 2023 (USD Million) 115
14.2. Brazil 116
14.3. Argentina 116
14.4. Peru 116
14.5. Chile 116
14.6. Colombia 116
14.7. Rest of Latin America 116
CHAPTER NO. 15 : WIRELESS CONDITION MONITORING SERVICES MARKET – MIDDLE EAST 117
15.1. Middle East 117
15.1.1. Key Highlights 117
15.1.2. Middle East Wireless Condition Monitoring Services Market Revenue, By Country, 2018 – 2023 (USD Million) 118
15.1.3. Middle East Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018 – 2023 (USD Million) 119
15.1.4. Middle East Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018 – 2023 (USD Million) 120
15.1.5. Middle East Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018 – 2023 (USD Million) 121
15.2. UAE 122
15.3. KSA 122
15.4. Israel 122
15.5. Turkey 122
15.6. Iran 122
15.7. Rest of Middle East 122
CHAPTER NO. 16 : WIRELESS CONDITION MONITORING SERVICES MARKET – AFRICA 123
16.1. Africa 123
16.1.1. Key Highlights 123
16.1.2. Africa Wireless Condition Monitoring Services Market Revenue, By Country, 2018 – 2023 (USD Million) 124
16.1.3. Africa Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018 – 2023 (USD Million) 125
16.1.4. Africa Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018 – 2023 (USD Million) 126
16.1.5. Africa Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018 – 2023 (USD Million) 127
16.2. Egypt 128
16.3. Nigeria 128
16.4. Algeria 128
16.5. Morocco 128
16.6. Rest of Africa 128
CHAPTER NO. 17 : COMPANY PROFILES 129
17.1. Emerson Electric Co. 129
17.1.1. Company Overview 129
17.1.2. Connectivity Technology Food Portfolio 129
17.1.3. Swot Analysis 129
17.1.4. Business Strategy 130
17.1.5. Financial Overview 130
17.2. SKF Group 131
17.3. Honeywell International Inc. 131
17.4. Siemens AG 131
17.5. Schneider Electric SE 131
17.6. ABB Ltd. 131
17.7. General Electric (GE Vernova) 131
17.8. Company 8 131
17.9. Company 9 131
17.10. Company 10 131
17.11. Company 11 131
17.12. Company 12 131
17.13. Company 13 131
17.14. Company 14 131

List of Figures
FIG NO. 1. Global Wireless Condition Monitoring Services Market Revenue, 2018 – 2032 (USD Million) 29
FIG NO. 2. Porter’s Five Forces Analysis for Global Wireless Condition Monitoring Services Market 36
FIG NO. 3. Company Share Analysis, 2024 37
FIG NO. 4. Company Share Analysis, 2024 37
FIG NO. 5. Company Share Analysis, 2024 38
FIG NO. 6. Wireless Condition Monitoring Services Market – Company Revenue Market Share, 2024 39
FIG NO. 7. Wireless Condition Monitoring Services Market Revenue Share, By Monitoring Parameter, 2023 & 2032 45
FIG NO. 8. Market Attractiveness Analysis, By Monitoring Parameter 46
FIG NO. 9. Incremental Revenue Growth Opportunity by Monitoring Parameter, 2024 – 2032 46
FIG NO. 10. Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018, 2023, 2027 & 2032 47
FIG NO. 11. Global Wireless Condition Monitoring Services Market for Wireless Vibration Monitoring Services, Revenue (USD Million) 2018 – 2032 48
FIG NO. 12. Global Wireless Condition Monitoring Services Market for Wireless Temperature Monitoring Services, Revenue (USD Million) 2018 – 2032 50
FIG NO. 13. Global Wireless Condition Monitoring Services Market for Wireless Lubrication / Oil Condition Monitoring Services, Revenue (USD Million) 2018 – 2032 52
FIG NO. 14. Wireless Condition Monitoring Services Market Revenue Share, By Connectivity Technology, 2023 & 2032 55
FIG NO. 15. Market Attractiveness Analysis, By Connectivity Technology 56
FIG NO. 16. Incremental Revenue Growth Opportunity by Connectivity Technology, 2024 – 2032 56
FIG NO. 17. Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018, 2023, 2027 & 2032 57
FIG NO. 18. Global Wireless Condition Monitoring Services Market for Wi-Fi-Based Monitoring Services, Revenue (USD Million) 2018 – 2032 58
FIG NO. 19. Global Wireless Condition Monitoring Services Market for Bluetooth-Enabled Monitoring Services, Revenue (USD Million) 2018 – 2032 60
FIG NO. 20. Global Wireless Condition Monitoring Services Market for Zigbee / LoRaWAN Monitoring Services, Revenue (USD Million) 2018 – 2032 62
FIG NO. 21. Global Wireless Condition Monitoring Services Market for Cellular (4G/5G) Monitoring Services, Revenue (USD Million) 2018 – 2032 64
FIG NO. 22. Global Wireless Condition Monitoring Services Market for Others, Revenue (USD Million) 2018 – 2032 66
FIG NO. 23. Wireless Condition Monitoring Services Market Revenue Share, By End-Use Industry, 2023 & 2032 69
FIG NO. 24. Market Attractiveness Analysis, By End-Use Industry 70
FIG NO. 25. Incremental Revenue Growth Opportunity by End-Use Industry, 2024 – 2032 70
FIG NO. 26. Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018, 2023, 2027 & 2032 71
FIG NO. 27. Global Wireless Condition Monitoring Services Market for Oil & Gas, Revenue (USD Million) 2018 – 2032 72
FIG NO. 28. Global Wireless Condition Monitoring Services Market for Power Generation & Utilities, Revenue (USD Million) 2018 – 2032 74
FIG NO. 29. Global Wireless Condition Monitoring Services Market for Manufacturing, Revenue (USD Million) 2018 – 2032 76
FIG NO. 30. Global Wireless Condition Monitoring Services Market for Automotive, Revenue (USD Million) 2018 – 2032 78
FIG NO. 31. Global Wireless Condition Monitoring Services Market for Mining & Metals, Revenue (USD Million) 2018 – 2032 80
FIG NO. 32. Global Wireless Condition Monitoring Services Market for Others, Revenue (USD Million) 2018 – 2032 82
FIG NO. 33. Global Wireless Condition Monitoring Services Market Revenue Share, By Region, 2023 & 2032 85
FIG NO. 34. Market Attractiveness Analysis, By Region 86
FIG NO. 35. Incremental Revenue Growth Opportunity by Region, 2024 – 2032 86
FIG NO. 36. Wireless Condition Monitoring Services Market Revenue, By Region, 2018, 2023, 2027 & 2032 87
FIG NO. 37. North America Wireless Condition Monitoring Services Market Revenue, 2018 – 2032 (USD Million) 93
FIG NO. 38. Europe Wireless Condition Monitoring Services Market Revenue, 2018 – 2032 (USD Million) 99
FIG NO. 39. Asia Pacific Wireless Condition Monitoring Services Market Revenue, 2018 – 2032 (USD Million) 105
FIG NO. 40. Latin America Wireless Condition Monitoring Services Market Revenue, 2018 – 2032 (USD Million) 111
FIG NO. 41. Middle East Wireless Condition Monitoring Services Market Revenue, 2018 – 2032 (USD Million) 117
FIG NO. 42. Africa Wireless Condition Monitoring Services Market Revenue, 2018 – 2032 (USD Million) 123

List of Tables
TABLE NO. 1. : Global Wireless Condition Monitoring Services Market: Snapshot 28
TABLE NO. 2. : Drivers for the Wireless Condition Monitoring Services Market: Impact Analysis 32
TABLE NO. 3. : Restraints for the Wireless Condition Monitoring Services Market: Impact Analysis 34
TABLE NO. 4. : Global Wireless Vibration Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 49
TABLE NO. 5. : Global Wireless Vibration Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 49
TABLE NO. 6. : Global Wireless Temperature Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 51
TABLE NO. 7. : Global Wireless Temperature Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 51
TABLE NO. 8. : Global Wireless Lubrication / Oil Condition Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 53
TABLE NO. 9. : Global Wireless Lubrication / Oil Condition Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 53
TABLE NO. 10. : Global Wi-Fi-Based Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 59
TABLE NO. 11. : Global Wi-Fi-Based Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 59
TABLE NO. 12. : Global Bluetooth-Enabled Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 61
TABLE NO. 13. : Global Bluetooth-Enabled Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 61
TABLE NO. 14. : Global Zigbee / LoRaWAN Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 63
TABLE NO. 15. : Global Zigbee / LoRaWAN Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 63
TABLE NO. 16. : Global Cellular (4G/5G) Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 65
TABLE NO. 17. : Global Cellular (4G/5G) Monitoring Services Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 65
TABLE NO. 18. : Global Others Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 67
TABLE NO. 19. : Global Others Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 67
TABLE NO. 20. : Global Oil & Gas Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 73
TABLE NO. 21. : Global Oil & Gas Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 73
TABLE NO. 22. : Global Power Generation & Utilities Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 75
TABLE NO. 23. : Global Power Generation & Utilities Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 75
TABLE NO. 24. : Global Manufacturing Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 77
TABLE NO. 25. : Global Manufacturing Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 77
TABLE NO. 26. : Global Automotive Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 79
TABLE NO. 27. : Global Automotive Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 79
TABLE NO. 28. : Global Mining & Metals Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 81
TABLE NO. 29. : Global Mining & Metals Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 81
TABLE NO. 30. : Global Others Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 83
TABLE NO. 31. : Global Others Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 83
TABLE NO. 32. : Global Wireless Condition Monitoring Services Market Revenue, By Region, 2018 – 2023 (USD Million) 88
TABLE NO. 33. : Global Wireless Condition Monitoring Services Market Revenue, By Region, 2024 – 2032 (USD Million) 88
TABLE NO. 34. : Global Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018 – 2023 (USD Million) 89
TABLE NO. 35. : Global Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2024 – 2032 (USD Million) 89
TABLE NO. 36. : Global Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018 – 2023 (USD Million) 90
TABLE NO. 37. : Global Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2024 – 2032 (USD Million) 91
TABLE NO. 38. : Global Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018 – 2023 (USD Million) 92
TABLE NO. 39. : Global Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2024 – 2032 (USD Million) 92
TABLE NO. 40. : North America Wireless Condition Monitoring Services Market Revenue, By Country, 2018 – 2023 (USD Million) 94
TABLE NO. 41. : North America Wireless Condition Monitoring Services Market Revenue, By Country, 2024 – 2032 (USD Million) 94
TABLE NO. 42. : North America Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018 – 2023 (USD Million) 95
TABLE NO. 43. : North America Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2024 – 2032 (USD Million) 95
TABLE NO. 44. : North America Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018 – 2023 (USD Million) 96
TABLE NO. 45. : North America Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2024 – 2032 (USD Million) 96
TABLE NO. 46. : North America Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018 – 2023 (USD Million) 97
TABLE NO. 47. : North America Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2024 – 2032 (USD Million) 97
TABLE NO. 48. : Europe Wireless Condition Monitoring Services Market Revenue, By Country, 2018 – 2023 (USD Million) 100
TABLE NO. 49. : Europe Wireless Condition Monitoring Services Market Revenue, By Country, 2024 – 2032 (USD Million) 100
TABLE NO. 50. : Europe Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018 – 2023 (USD Million) 101
TABLE NO. 51. : Europe Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2024 – 2032 (USD Million) 101
TABLE NO. 52. : Europe Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018 – 2023 (USD Million) 102
TABLE NO. 53. : Europe Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2024 – 2032 (USD Million) 102
TABLE NO. 54. : Europe Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018 – 2023 (USD Million) 103
TABLE NO. 55. : Europe Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2024 – 2032 (USD Million) 103
TABLE NO. 56. : Asia Pacific Wireless Condition Monitoring Services Market Revenue, By Country, 2018 – 2023 (USD Million) 106
TABLE NO. 57. : Asia Pacific Wireless Condition Monitoring Services Market Revenue, By Country, 2024 – 2032 (USD Million) 106
TABLE NO. 58. : Asia Pacific Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018 – 2023 (USD Million) 107
TABLE NO. 59. : Asia Pacific Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2024 – 2032 (USD Million) 107
TABLE NO. 60. : Asia Pacific Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018 – 2023 (USD Million) 108
TABLE NO. 61. : Asia Pacific Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2024 – 2032 (USD Million) 108
TABLE NO. 62. : Asia Pacific Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018 – 2023 (USD Million) 109
TABLE NO. 63. : Asia Pacific Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2024 – 2032 (USD Million) 109
TABLE NO. 64. : Latin America Wireless Condition Monitoring Services Market Revenue, By Country, 2018 – 2023 (USD Million) 112
TABLE NO. 65. : Latin America Wireless Condition Monitoring Services Market Revenue, By Country, 2024 – 2032 (USD Million) 112
TABLE NO. 66. : Latin America Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018 – 2023 (USD Million) 113
TABLE NO. 67. : Latin America Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2024 – 2032 (USD Million) 113
TABLE NO. 68. : Latin America Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018 – 2023 (USD Million) 114
TABLE NO. 69. : Latin America Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2024 – 2032 (USD Million) 114
TABLE NO. 70. : Latin America Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018 – 2023 (USD Million) 115
TABLE NO. 71. : Latin America Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2024 – 2032 (USD Million) 115
TABLE NO. 72. : Middle East Wireless Condition Monitoring Services Market Revenue, By Country, 2018 – 2023 (USD Million) 118
TABLE NO. 73. : Middle East Wireless Condition Monitoring Services Market Revenue, By Country, 2024 – 2032 (USD Million) 118
TABLE NO. 74. : Middle East Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018 – 2023 (USD Million) 119
TABLE NO. 75. : Middle East Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2024 – 2032 (USD Million) 119
TABLE NO. 76. : Middle East Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018 – 2023 (USD Million) 120
TABLE NO. 77. : Middle East Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2024 – 2032 (USD Million) 120
TABLE NO. 78. : Middle East Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018 – 2023 (USD Million) 121
TABLE NO. 79. : Middle East Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2024 – 2032 (USD Million) 121
TABLE NO. 80. : Africa Wireless Condition Monitoring Services Market Revenue, By Country, 2018 – 2023 (USD Million) 124
TABLE NO. 81. : Africa Wireless Condition Monitoring Services Market Revenue, By Country, 2024 – 2032 (USD Million) 124
TABLE NO. 82. : Africa Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2018 – 2023 (USD Million) 125
TABLE NO. 83. : Africa Wireless Condition Monitoring Services Market Revenue, By Monitoring Parameter, 2024 – 2032 (USD Million) 125
TABLE NO. 84. : Africa Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2018 – 2023 (USD Million) 126
TABLE NO. 85. : Africa Wireless Condition Monitoring Services Market Revenue, By Connectivity Technology, 2024 – 2032 (USD Million) 126
TABLE NO. 86. : Africa Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2018 – 2023 (USD Million) 127
TABLE NO. 87. : Africa Wireless Condition Monitoring Services Market Revenue, By End-Use Industry, 2024 – 2032 (USD Million) 127

Request A Free Sample

We prioritize the confidentiality and security of your data. Our promise: your information remains private.

Ready to Transform Data into Decisions?

Request Your Sample Report and Start Your Journey of Informed Choices

Providing the strategic compass for industry titans.

Frequently Asked Questions

What is the current market size for Global Wireless Condition Monitoring Services Market, and what is its projected size in 2032?

The Global Wireless Condition Monitoring Services Market was valued at USD 2,166.84 million in 2024 and is projected to reach USD 5,633.97 million by 2032, driven by strong adoption in asset-intensive industries.

At what Compound Annual Growth Rate is the Global Wireless Condition Monitoring Services Market projected to grow between 2024 and 2032?

The Global Wireless Condition Monitoring Services Market is projected to grow at a CAGR of 11.82% from 2024 to 2032, supported by increased use of AI-enabled monitoring and digital maintenance.

Which Global Wireless Condition Monitoring Services Market segment held the largest share in 2024?

The wireless vibration monitoring segment held the largest share of the Global Wireless Condition Monitoring Services Market in 2024, supported by its critical role in equipment reliability and uptime.

What are the primary factors fueling the growth of the Global Wireless Condition Monitoring Services Market?

The Global Wireless Condition Monitoring Services Market is driven by rising demand for predictive maintenance, real-time asset health tracking, and increased integration of smart sensors with advanced networks.

Who are the leading companies in the Global Wireless Condition Monitoring Services Market?

Key players in the Global Wireless Condition Monitoring Services Market include Emerson Electric Co., SKF Group, Honeywell International Inc., Siemens AG, Schneider Electric SE, ABB Ltd., and General Electric.

Which region commanded the largest share of the Global Wireless Condition Monitoring Services Market in 2024?

North America held the largest share of the Global Wireless Condition Monitoring Services Market in 2024, supported by high technology adoption, strong industrial infrastructure, and established service ecosystems.

About Author

Sushant Phapale

ICT & Automation Expert

Sushant is an expert in ICT, automation, and electronics with a passion for innovation and market trends.

View Profile

Related Reports

Digital Scent Technology Market

Digital Scent Technology Market size was valued at USD 110.5 million in 2024 and is anticipated to reach USD 423.88 million by 2032, at a CAGR of 18.3% during the forecast period.

Japan Assessment Services Market

The Japan Assessment Services Market size was valued at USD 324.96 million in 2018 to USD 376.54 million in 2024 and is anticipated to reach USD 987.79 million by 2032, at a CAGR of 12.81% during the forecast period.

U.S. Assessment Services Market

The U.S. Assessment Services Market size was valued at USD 2,938.30 million in 2018 to USD 3,260.03 million in 2024 and is anticipated to reach USD 8,555.05 million by 2032, at a CAGR of 12.82% during the forecast period.

UK Assessment Services Market

The UK Assessment Services Market size was valued at USD 382.67 million in 2018 to USD 421.49 million in 2024 and is anticipated to reach USD 1,084.27 million by 2032, at a CAGR of 12.54% during the forecast period.

Spain Assessment Services Market

The Spain Assessment Services Market size was valued at USD 161.51 million in 2018 to USD 189.39 million in 2024 and is anticipated to reach USD 425.33 million by 2032, at a CAGR of 10.64% during the forecast period.

Italy Assessment Services Market

The Italy Assessment Services Market size was valued at USD 231.07 million in 2018 to USD 278.62 million in 2024 and is anticipated to reach USD 656.15 million by 2032, at a CAGR of 11.30% during the forecast period.

Email Client Software Market

The Global Email Client Software Market size was valued at USD 3,820.64 million in 2018 to USD 5,766.17 million in 2024 and is anticipated to reach USD 9,904.57 million by 2032, at a CAGR of 6.51% during the forecast period.

Domain Name System Firewall Market

The Domain Name System (DNS) Firewall market was valued at USD 1.8 billion in 2024 and is projected to reach USD 5.51 billion by 2032, growing at a CAGR of 15% during the forecast period.

Germany Assessment Services Market

The Germany Assessment Services Market size was valued at USD 502.21 million in 2018 to USD 606.56 million in 2024 and is anticipated to reach USD 1,653.24 million by 2032, at a CAGR of 13.35% during the forecast period.

Data Center RFID Market

The Data Center RFID market was valued at USD 1.6 billion in 2024 and is projected to reach USD 2.75 billion by 2032, growing at a CAGR of 7% during the forecast period.

France Assessment Services Market

The France Assessment Services Market size was valued at USD 264.07 million in 2018 to USD 329.97 million in 2024 and is anticipated to reach USD 842.22 million by 2032, at a CAGR of 12.43% during the forecast period.

North America Online Assessment Software Market

The North America Online Assessment Software Market size was valued at USD 513.80 million in 2018 to USD 654.25 million in 2024 and is anticipated to reach USD 1,241.82 million by 2032, at a CAGR of 8.3% during the forecast period.

Licence Option

Single User

$4999

Multi User

$6999

Enterprise

$12999

Report delivery within 24 to 48 hours

Let us help you

WILLIAM, North America

+1 304 308 1216

KEITH PHILLIPS, Europe

+44 7809 866 263

LEE VALLANCE, Asia Pacific

+64 22 017 0275

KIERAN JAMESON, Australia

+61 4192 46279

Request A Free Sample

What people say?

Thank you for the data! The numbers are exactly what we asked for and what we need to build our business case.

Materials Scientist
(privacy requested)

The report was an excellent overview of the Industrial Burners market. This report does a great job of breaking everything down into manageable chunks.

Imre Hof
Management Assistant, Bekaert

Trusted By

Request Sample