Transparency Market Research

Industrial Wireless Sensor Networks Market - Growing Investments in Smart Cities Is Expected to Emerge as a Key Opportunity

Industrial Wireless Sensor Networks Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

 

Albany, NY -- (SBWIRE) -- 04/23/2018 -- Today, sensors have become an integral part of various industries. The high-volume application of sensors has increased their efficiencies and economies of scale. This in turn has lowered prices and is further promoting adoption of sensor networks for different applications. Industries across the globe are increasingly adopting sensor networks in order to monitor various processes. Wireless sensor networks are distributed sensing platforms with wireless communication and controlling capabilities.

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Further, industrial wireless sensor networks (ISWN) are low cost and can be deployed faster. Wireless sensor networks are increasingly replacing the existing wired sensor networks due to considerable benefits offered by wireless solutions. ISWN solutions have demonstrated significant return on investment (ROI) in industrial applications. Further, deployment of ISWN results in savings in terms of labor, materials and energy. Also, it creates process improvement through enhanced monitoring from anywhere.

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Moreover, wireless networks also offer the capability to be integrated to smartphones and are more in tune with the increasing bring your own device (BYOD) trend. An enhancement in productivity has been observed when network and system operators do not have to travel frequently for system maintenance or to obtain data at remote ends. ISWN solutions are better suited for hazardous or hard-to-reach zones in different industries such as mining or chemicals.

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However, during the last few years, emergence of standard communication protocols has boosted the adoption of wireless sensor networks across various industries. IWSN forms a part of industrial automation solution and is used for purposes such as monitoring events and periodic data collection. Significant growth in demand for automation solutions is also leading to growth of industrial wireless sensor networks market.