Los Angeles, CA -- (SBWIRE) -- 12/21/2018 -- This study focuses on the production side and consumption side of Industrial Wireless Sensor Networks (IWSN), presents the global Industrial Wireless Sensor Networks (IWSN) market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Industrial Wireless Sensor Networks (IWSN) capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
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In terms of consumption side, this report focuses on the consumption of Industrial Wireless Sensor Networks (IWSN) by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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.
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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).
This report includes the following manufacturers; we can also add the other companies as you want.
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
Market Segment by Product Type
Chemical & Gas Sensors
Humidity Sensors
Motion & Position Sensors
Temperature Sensor
Pressure Sensors
Level Sensors
Flow Sensors
Image & Surveillance Sensors
Market Segment by Application
Food and Beverages
Automotive
Energy
Power
Healthcare
Medical
Mining
Oil & Gas
Chemical
Key Regions split in this report: 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, Central & South America, Brazil, Rest of Central & South America, Middle East & Africa,
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The study objectives are:
To analyze and research the global Industrial Wireless Sensor Networks (IWSN) status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
To present the key Industrial Wireless Sensor Networks (IWSN) manufacturers, capacity, 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) are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025