Structural equipment load monitoring system and method

A system for monitoring the loading of equipment and components utilized for lifting, the system comprising:

• a transmitter assembly mounted to the equipment having a strain gauge secured to the equipment at a predetermined loading path, an on-board controller and a battery;
• and
• a central server in communication with the on-board controller, the central server configured to receive collected loading data from the transmitter assembly that is measured by the strain gauge and collected by the on-board controller, the on-board controller configured to operate the transmitter assembly in a load monitoring power mode and a deep sleep mode, the on-board controller configured to operate at a sleep interval when a load measured by the strain gauge is less than ten percent of a rated working load of the equipment and components and at an active interval when the load measured by the strain gauge is greater than ten percent of the rated working load, wherein the sleep interval is less than the active interval.