Modern electronics play a vital role in modeling the instrumentation systems. Wireless Speed Measurement and Control illustrates one such example for the modern electronics. This project illustrates the speed measurement and control of Universal Motor by using Microcontroller. The project defines two units, 'Motor and Power Control Unit' and 'Remote Control Unit'. Motor and Power control unit reflects the basic principle involved in the functioning of Universal Motor, Speed sensor, Microcontroller and the other components. Similarly Remote control Unit which involves LCD display, Microcontroller, Keypad etc. The key principle of this project is increasing the efficiency, accuracy by reduction of wires and the usage of Remote sensing technology. This remote wireless setup enables the user to avoid long wires from the probe to the control station and the possibility of short circuit due to cables. Remaining cables between sensor and control are not required which ultimately reduces the error due to unwanted noise signals. The usage of microcontroller provides greater flexibility on the operation of the system.