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Industrial Wireless Sensor Networks (IWSN) Market Projected to Reach 1360 Million US$ by 2025: Technology Advances, Emerging Trends and Insights

The Industrial Wireless Sensor Networks (IWSN) market was valued at 580 Million US$ in 2017 and is projected to reach 1360 Million US$ by 2025, at a CAGR of 11.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Industrial Wireless Sensor Networks (IWSN).

 

Albany, NY -- (SBWIRE) -- 09/25/2018 -- This report presents the worldwide Industrial Wireless Sensor Networks (IWSN) market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porters Five Forces Analysis.

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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.

The following manufacturers are covered in this report:
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

Industrial Wireless Sensor Networks (IWSN) Breakdown Data by Type
Chemical & Gas Sensors
Humidity Sensors
Motion & Position Sensors
Temperature Sensor
Pressure Sensors
Level Sensors
Flow Sensors
Image & Surveillance Sensors

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Industrial Wireless Sensor Networks (IWSN) Breakdown Data by Application
Food and Beverages
Automotive
Energy
Power
Healthcare
Medical
Mining
Oil & Gas
Chemical

Industrial Wireless Sensor Networks (IWSN) Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Other Regions

Industrial Wireless Sensor Networks (IWSN) Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Industrial Wireless Sensor Networks (IWSN) status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Industrial Wireless Sensor Networks (IWSN) manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Industrial Wireless Sensor Networks (IWSN) :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Industrial Wireless Sensor Networks (IWSN) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

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For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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