Industrial Wireless Sensor Networks Market

The global Industrial Wireless Sensor Networks (IWSN) market was valued at 57.93 Million USD in 2021 and will grow with a CAGR of 11.54% from 2021 to 2027, based on Research newly published report.

The prime objective of Industrial Wireless Sensor Networks Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Industrial Wireless Sensor Networks Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

IWSN is an advanced method of communication between two or more remotely-located devices without interruption. The systems comprise nodes that act as access points to form a better communication system. In IWSN, sensor nodes are connected through various wireless technologies such as ZigBee, Wi-Fi, Bluetooth, and WirelessHART. Increasing adoption of wireless communication, need for strong connectivity across remote locations, and demand for network infrastructure are expected to fuel market growth.Recent advancements in the fields of Internet of Things (IoT) and Artificial Intelligence (AI) have further increased demand for wireless networks and strong connectivity. Accelerated adoption of these technologies by the oil and gas, manufacturing, utilities, and automotive verticals is expected to boost the growth of the industrial wireless sensor network market. In addition, key players in the market are investing heavily in R&D to explore the scope of the technology for innovations, integration, and new product developments. Industries with capital vigour are preferring deployment of wireless sensors for increasing their operational efficiency, which in turn complements their productivity. Operational efficiency has prevailed as key strategy of companies for sustaining competition in the competitive industrial environment, which in turn has led them to adopt automation technologies. Industrial automation facilitates efficient monitoring, control, and management of work force and processes, along with optimum functioning. With growing use of robotics and industrial automation, demand for sensors such as motion sensors, force sensors, range sensors, and proximity sensors is on the rise. Wireless sensors have now become indispensable components of robotics for enabling sensing, recognition, and interpretation. Growth in network infrastructure and proliferation of IoT-connected devices have further augmented demand for wireless sensor network in industries.

By Market Verdors:

Endress+Hauser AG

Lantronix Inc

Honeywell Process Solutions

Emerson Process Management

Digi International Inc

Freescale Semiconductor

ABB Ltd

Linear Technology Corporation

Siemens AG

Schneider Electric SA

Millennial Net Inc

Texas Instruments

STMicroelectronics

Yokogawa Electric Corporation

By Types:

Chemical & Gas Sensors

Humidity Sensors

Motion & Position Sensors

Temperature Sensor

Pressure Sensors

Level Sensors

Flow Sensors

Image & Surveillance Sensors

By Applications:

Food and Beverages

Automotive

Energy

Power

Healthcare

Medical

Mining

Oil & Gas

Chemical

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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