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Global Wireless Sensors Market to Grow at a CAGR of 20.58% During 2014 - 2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Wireless Sensors Market 2015-2019” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 10/30/2015 -- Report forecast the global wireless sensors market to grow at a CAGR of 20.58% in terms of revenue over the period 2014-2019.

Wireless sensors are equipped with transmitters that read signals from instruments or environment and convert them into radio signals. These sensors are considered to be the standard measurement tools that convert wireless signals into data, which can be analyzed. The optimization of technology has resulted in these sensors getting lighter, smaller, smarter, more power efficient, and cheaper than their earlier versions. Initially, these sensors were used for surveillance in the battlefield by the military sector. Currently, industries are adopting these sensors for various applications. These sensors can be used to get important data such as temperature, pressure, and decibel-level conditions.

The report covers the present scenario and the growth prospects of the global wireless sensors market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of wireless sensors. The application software that helps in the functioning of a wireless sensor is not taken into consideration while determining the market size. The report also does not consider revenue generated from the aftermarket sales or repairs of wireless sensors.

Global Wireless Sensors Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. Also, this report presents the growth factors driving this market, the challenges faced by the vendors, and the trends influencing this market that will stimulate growth during the forecast period.

Key players in the Global Wireless Sensors Market: ABB, Honeywell, Yokogawa Electric, Emerson, GE and Siemens

Other Prominent Vendors in the market are: Ambient Micro, Aruba Networks, Atmel, BAE, Bosch, Cisco Systems, Draegerwerk, Dust Networks, EnOcean, Freescale, Gastronics, Industrial Scientific, Microsemi, Microstrain Sensing Systems, Mitsubishi Electric, OmniVision, OMRON, Rockwell Collins, Schneider, Silicon Laboratories, STMicroelectronics , Thermo Fisher Scientific, and Vishay Precision Group.

According to the report, the market is expected to be driven by a number of factors that will help the market to grow during the forecast period. These factors include the rapid adoption rate of smart devices. These smart devices assist in easy network setup using technologies such as Bluetooth and Wi-Fi support, thus eliminating the need for setting up additional gateways or bridges.

Key market driver
- High adoption rate across industries
- For a full, detailed list, view our report

Key market challenge
- Limited available bandwidth
- For a full, detailed list, view our report

Key market trend
- Implementation of internet of things
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 99 pages "Global Wireless Sensors Market 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-wireless-sensors-market-2015-2019

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