The invention provides an accurate controllable non-contact test piece rotary magnetic field fatigue excitation and vibration test device. The device comprises a vibration damping insulation clamp, a vibration damper, a dynamic balance device, a vibration exciter, an electromagnetic piezoelectric coupling vibration sensor, a test station, a transmission device and an accurate control device. The excitation and vibration test device is suitable for rotary test pieces and especially suitable for vibration characteristic researches on a wind power blade, an engine, a turbine blade, a helicopter rotor and a tail rotor blade, the excitation and vibration test device can vividly simulate vibration fatigue states of rotary test pieces respectively under conditions of 360-DEG all directions, same rotating speed and different excitation forces, same excitation force and different rotating speeds, and different rotating speeds and different excitation forces, the excitation and vibration test device can monitor related vibration characteristic parameters such as the excitation force, the vibration displacement, the vibration speed and the vibration acceleration continuously, and the excitation and vibration test device is suitable for vibration fatigue characteristic analysis on stationary test pieces.