In order to solve the vibration of large-scale industrial equipment, fast wavelet transform is proposed to analyze non-stationary vibration signal and ETX+FPGA system is designed to it. The sampled input signal is wavelet analyzed on high-speed flow calculations of FPGA and embedded computer realizes data acquisition, processing, control value and human-computer interaction and other functions. Detection processing of typical non-stationary vibration signal of vibration table is realized in the laboratory environment. The experiments of system prove that fast wavelet transform algorithm is feasible in processing of non-stationary vibration signal, and realizes fast in hardware system.