Industrial Wireless Sensor Network Market to Grow at a CAGR of 14.95% During 2016-2020: MarketResearchReports.biz

Industrial Wireless Sensor Network Market to Grow at a CAGR of 14.95% during 2016-2020: MarketResearchReports.biz

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Albany, NY -- (SBWire) -- 08/26/2016 --About WSN

A wireless sensor network (WSN) comprises a number of sensors placed at strategic locations within the vicinity of a particular environment. These sensors gather data about particular areas that are within their range and then transmit this information to a central station. The central station receives information from all the sensors and then collates and analyzes the data about a particular environment. Some key data that a sensor can provide include temperature, pressure, and decibel level conditions. WSNs were initially used for military applications for the purpose of surveillance in a battlefield area. Today, WSNs are used across a wide range of verticals. Some of these verticals are illustrated in the exhibit below.

Technavios analysts forecast the global industrial wireless sensor network (IWSN) market to grow at a CAGR of 14.95% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global industrial wireless sensor network (IWSN) market for 2016-2020. To calculate the market size, the report considers revenue generated from the implementation of wireless sensor networks in industrial facilities throughout industries and geographies.

The market is divided into the following segments based on geography:

Americas
APAC
EMEA
ROW

Technavio's report, Global Industrial Wireless Sensor Network (IWSN) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
ABB
Honeywell Process Solutions
Linear Technologies
NXP Semiconductor
Schneider Electric
Siemens
STMicroelectronics
Texas Instruments
Yokogawa Electric

Market driver
Replacement of wired sensors
For a full, detailed list, view our report

Market challenge
Lack of technological standardization
For a full, detailed list, view our report

Market trend
Adoption of wearable devices in industries
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 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?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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View this press release online at: http://rwire.com/718301