#Global Industrial Wireless Sensor Networks (IWSN) Market
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Global Industrial Wireless Sensor Networks (IWSN) Market Size, Share, Growth Analysis, By Offering(services, software), By End use(Building Automation, Banking)
Global Industrial Wireless Sensor Networks (IWSN) Market Insights
Global Industrial Wireless Sensor Networks (IWSN) Market size was valued at USD 4.97 billion in 2021 and is poised to grow from USD 8.62 billion in 2022 to USD 9.02 billion by 2030, growing at a CAGR of 7.13% in the forecast period (2023-2030).
A network infrastructure called an industrial wireless sensor network (IWSN) makes it possible to connect sensor nodes and gateways without the use of fibre cables. Through radio nodes configured in suitable topologies, it also makes improved communication possible. As a result, the demand for IWSN has been growing over the past few years, and this trend is anticipated to continue during the course of the forecast. The demand for network infrastructure is expected to increase over the upcoming years, and big data analytics, artificial intelligence (AI), and machine learning (ML) advancements will all contribute to this growth.
These technologies have made it possible for businesses to examine the massive amounts of data collected from many sorts of sensors, including temperature, motion, pressure, gas, flow, and chemical, to name a few. In order to provide flawless communication via wireless networks, emerging economies around the world place a strong emphasis on developing communication links between industrial devices. As a result of their capacity to operate without interruption in challenging distant areas, industries like oil & gas and utilities are deploying wireless sensor networks. For industrial applications like environmental sensing, condition monitoring, and process automation, major sectors like utilities, oil & gas, and automotive are embracing wirelessly connected devices like sensor nodes, routers, and gateways. Infrastructure for wireless sensor networks has been put in place as a result of consumers' increasing usage of connected gadgets.
Global Industrial Wireless Sensor Networks (IWSN) Market Segmental Analysis
The global Industrial Wireless sensor network market is segmented into offerings, end use, and region. By offering Industrial Wireless sensor network market is segmented into services, software, and hardware. On the basis of end use Building Automation, Financial Services, and Insurance (BFSI), Banking, Industrial, Wearable Devices, Healthcare, Retail, and Others based on the end-user industry. Based on region, the Industrial Wireless sensor network market is segmented into North America, Latin America, Europe, Asia Pacific, and MEA.
Industrial Wireless Sensor Networks Market Analysis by Offering
The market is divided into three categories based on offerings: services, software, and hardware. The software sector dominated the market due to the growing need for self-organizing networks and service-oriented software architecture. Additionally, it is anticipated to have the fastest growth rate over the forecasted time frame. The market in industries has been further bolstered by the implementation of Software Defined Network (SDN) in the IWSN to increase efficiency and sustainability.
Industrial Wireless Sensor Networks Market Analysis by End Use
The market is divided into Building Automation, Banking, Financial Services, and Insurance (BFSI), Industrial, Wearable Devices, Healthcare, Retail, and Others based on the end-user industry. Due to wireless sensor networks' crucial contribution to the development of new technologies that assist patient monitoring, diagnostics, and therapy, the healthcare sector commands a sizable portion of the market. As healthcare systems advance, it is anticipated that medical devices that can monitor daily activities and gather crucial data through sensors in emergency rooms, as well as data analytics tools, will become more crucial.
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Industrial Wireless Sensor Network Market to Scale New Heights as Market Players Focus on Innovations 2024 – 2030
The industrial wireless sensor network (IWSN) is the network of distributed sensing platform with wireless communication. IWSN is positioned in remote areas and uses remote technology to transmit signals to the control room. Furthermore, the system can be controlled, troubleshot, and monitored remotely. Additionally, it is majorly utilized for process & control monitoring and data processing.
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Latest released the research study on Global Industrial Wireless Sensor Network Market, offers a detailed overview of the factors influencing the global business scope. Industrial Wireless Sensor Network Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Industrial Wireless Sensor Network The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Intel (United States), Huawei (China), Dell (United States), NXP Semiconductors (Netherlands), Stmicroelectronics (Switzerland), TE Connectivity (Switzerland), Advantech (Taiwan), ABB (Switzerland), Honeywell (United States)
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Industrial Wireless Sensor Network Market Worth $8,669.8 Million By 2025
Industrial Wireless Sensor Network Market Worth $8,669.8 Million By 2025
The global industrial wireless sensor network market size is expected to reach USD 8,669.8 million by 2025, growing at a CAGR of 15.2% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. The benefits offered by IWSN over wired networks, such as mobility, self-discovery capability, compact size, cost-effectiveness, and reduced complexity, are anticipated to play a…
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Industrial Wireless Sensor Network (IWSN) Market Growth Drivers Challenges and Development Strategies, 2025
The global Industrial Wireless Sensor Network (IWSN) Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
The Global Industrial Wireless Sensor Network (IWSN) Market is estimated to reach USD 8.67 billion by 2025 due to the growing popularity of Industrial Wireless Sensor Network in various industries. These industries comprise healthcare, manufacturing, oil & gas, automotive, etc. The Industrial Wireless Sensor Network (IWSN) market is expected to grow at 14.5% CAGR in the forecast period.
Key Players:
ABB
Analog Devices, Inc.
Honeywell Process Solutions
Lantronix
NXP Semiconductor
Schneider Electric
Siemens AG
STMicroelectronics N.V.
Texas Instruments, Inc.
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Growth Drivers:
The Industrial Wireless Sensor Network Market is projected to grow considerably with the rising demand from different industries to improve their processes efficiencies and position the networks quickly. The other benefits of Industrial Wireless Sensor Network are application-specific and easy to use nature which contributes in the market growth. A major challenge that restricts the growth of IWSN Market is the accessibility of numerous wireless communication regulations leading to reduced interoperability among different sensor networks. Moreover, in the previous years, the acceptance of standard communication protocols boosts the adoption of wireless sensor network in different industries. Industrial Wireless Sensor Network is a major part of industrial automation and is also applicable for monitoring events and periodic data collection.
Technology Outlook:
Bluetooth
ZigBee
Wi-Fi
Near Field Communication (NFC)
Cellular Network
WirelessHART
ISA 100.11a
Application Outlook:
Machine Monitoring
Process Monitoring
Asset Tracking
Safety & Surveillance
End-Use Outlook:
Automotive
Food & Beverages
Manufacturing
Mining
Oil & Gas
Utilities
Component Outlook:
Hardware
Software
Service
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Global Industrial Wireless Sensor Network (IWSN) Market To Grow At An Impressive CAGR Of 15.2% During 2019-2025
The global industrial wireless sensor network market size is expected to reach USD 8,669.8 million by 2025, growing at a CAGR of 15.2% from 2019 to 2025. The benefits offered by IWSN over wired networks, such as mobility, self-discovery capability, compact size, cost-effectiveness, and reduced complexity, are anticipated to play a significant role in increasing global demand.
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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. For instance, ABB Ltd., which has 7 research centers and more than 8,000 technologists, invested USD 1.5 billion in R&D in 2016.
The hardware segment is anticipated to witness substantial growth as they detect activities and send information from one device to another through various communication technologies. Increasing miniaturization of electronic components and advancements in communication technology make it possible to develop a seamless network. The software handles device-specific tasks, such as initialization of hardware, memory management, and process management, as well as scheduling. The software segment generated the highest revenue in 2016 and the trend is expected to continue over the forecast period.
Global players in the IWSN market are collaborating with new entrants to provide improved products and systems with enhanced performance. In January 2017, Honeywell Process Solutions collaborated with AEREON to develop solutions that help the industrial sector improve operational efficiency, safety, and reliability.
Further key findings from the study suggest:
• The software segment is anticipated to emerge as the fastest-growing segment over the forecast period owing to the increasing demand for advanced process & control monitoring, data collection, and data processing software.
• The gas sensors segment is anticipated to emerge as the fastest growing segment due to rapidly increasing focus on workplace safety in industries such as oil & gas, pharmaceuticals, chemical & petroleum, building automation, and food & beverages.
• The Asia Pacific regional market is expected to grow at the highest CAGR from 2019 to 2025 owing to the significant growth in manufacturing sector in developing countries such as India and China.
• The cellular network segment is expected to witness fastest growth over the forecast period due to the rapidly growing demand for Low Power Wide Area Network (LPWAN) technologies-based Internet of Things (IoT) devices using LTE-M and Narrowband-IoT (NB-IoT) networks.
• Key players operating in the IWSN market include ABB Limited, Analog Devices, Inc.; Honeywell Process Solutions, Lantronix, Inc.; NXP Semiconductors, Schneider Electric, Siemens AG, STMicroelectronics N.V., Texas Instruments Inc.; and Yokogawa Electric Corporation, among others.
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Industrial Wireless Sensor Network (IWSN) Market Capacity, Production, Types and Manufacturers Forecast to 2025
Felton, 17 December 2019 - This report provides in depth study of “Industrial Wireless Sensor Network (IWSN) Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Industrial Wireless Sensor Network (IWSN) Market report also provides an in-depth survey of top key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
The Global Industrial Wireless Sensor Network (IWSN) Market is estimated to reach USD 8.67 billion by 2025 due to the growing popularity of Industrial Wireless Sensor Network in various industries. These industries comprise healthcare, manufacturing, oil & gas, automotive, etc. The Industrial Wireless Sensor Network (IWSN) market is expected to grow at 14.5% CAGR in the forecast period. Industrial Wireless Sensor Network is the network of distributed sensing platform with wireless communication. The Industrial Wireless Sensor Network is deployed in the remote areas and makes use of wireless technology to transfer signals to the control room. Moreover, the system can be managed, troubleshot and supervised remotely.
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The Industrial Wireless Sensor Network have extensively captured a larger part of different industries. The multiple applications of sensors have raised the economies of scale and their efficiencies. Ultimately, this reduces price and further promotes the acceptance of sensor networks for varied uses. Across the globe, several industries are widely adopting sensor networks to supervise different processes. These wireless sensor networks are located according to the sensing platforms with controlling capabilities and wireless communication. Besides, the Industrial Wireless Sensor Networks can also be positioned quickly, with improved data security & privacy concerns that is used in the industrial sectors in developing countries. Presently, due to the significant advantages of wireless solutions, the wireless sensors are largely replacing the existing wire sensor networks. Industrial Wireless Sensor Network solutions present remarkable (ROI) Return on Investment for industrial uses.
The eminent market players in the Industrial Wireless Sensor Network Industry are ABB Ltd., Emersion Electric, STMicroelectronics, Endress+Hauser AG, Linear Technology Corporation, Honeywell International Inc., Texas Instruments, Inc., Siemens AG, and NXP Semiconductors, Schneider Electric.
Market Segment:
Industrial Wireless Sensor Network Component Outlook (Revenue, USD Million, 2014 - 2025)
• Hardware
• Software
• Service
Industrial Wireless Sensor Network Type Outlook (Revenue, USD Million, 2014 - 2025)
• Temperature Sensors
• Pressure Sensors
• Level Sensors
• Flow Sensors
• Humidity Sensors
• Motion & Position Sensors
• Gas Sensors
• Light Sensors
• Chemical Sensors
• Others
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Major Key Points in Table of Content
1 Market Definition
2 Global Market by Vendors
3 Global Market by Type
4 Global Market by End-Use / Application
5 Global Market by Regions
6 North America Market
7 Europe Market
8 Asia-Pacific Market
9 South America Market
10 Middle East & Africa Market
11 Market Forecast
12 Key Manufacturers
13 Price Overview
14 Research Conclusion
Continued….
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Industrial Wireless Sensor Network Market Worth $8.67 Billion By 2025
The global industrial wireless sensor network (IWSN) market size is anticipated to reach USD 8.67 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 14.5% CAGR during the forecast period. Benefits offered by IWSN over wired networks, such as mobility, self-discovery capability, compact size, cost-effectiveness, and reduced complexity, are anticipated to play a significant role in increasing global demand.
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. For instance, ABB Ltd., which has 7 research centers and more than 8,000 technologists, invested USD 1.5 billion in R&D in 2016.
The hardware segment is anticipated to witness substantial growth as they detect activities and send information from one device to another through various communication technologies. Increasing miniaturization of electronic components and advancements in communication technology make it possible to develop a seamless network. The software handles device-specific tasks, such as initialization of hardware, memory management, and process management, as well as scheduling. The software segment generated the highest revenue in 2016 and the trend is expected to continue over the forecast period.
Global players in the IWSN market are collaborating with new entrants to provide improved products and systems with enhanced performance. In January 2017, Honeywell Process Solutions collaborated with AEREON to develop solutions that help the industrial sector improve operational efficiency, safety, and reliability.
To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/industrial-wireless-sensor-networks-iwsn-market
Further key findings from the report suggest:
Demand for IWSN has increased over the years owing to benefits such as elimination of complexity and cost-effectiveness as compared to wired networks
The hardware segment generated the highest revenue in 2016, owing to increased adoption for process monitoring in industries such as automotive, oil and gas, and mining
Numerous vendors are implementing compatible software for real-time monitoring of data from sensor nodes
Global players in the IWSN market are collaborating with new entrants to provide improved products and systems with enhanced performance
The Asia Pacific region is predicted to witness remarkable growth over the forecast period owing to increasing applications of WSN in automotive, manufacturing, and oil and gas industries
Key players in the market include ABB Ltd., Siemens AG, Schneider Electric, Yokogawa Electric Corporation, and Texas Instruments.
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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Industrial Wireless Sensor Network (IWSN) Market Vendor Landscape, Volume Share By Region 2025
30 Jan 2019 - The Global Industrial Wireless Sensor Network (IWSN) Market is estimated to reach USD 8.67 billion by 2025 due to the growing popularity of Industrial Wireless Sensor Network in various industries. These industries comprise healthcare, manufacturing, oil & gas, automotive, etc. The Industrial Wireless Sensor Network (IWSN) market is expected to grow at 14.5% CAGR in the forecast period. Industrial Wireless Sensor Network is the network of distributed sensing platform with wireless communication. The Industrial Wireless Sensor Network is deployed in the remote areas and makes use of wireless technology to transfer signals to the control room. Moreover, the system can be managed, troubleshot and supervised remotely.
The Industrial Wireless Sensor Network have extensively captured a larger part of different industries. The multiple applications of sensors have raised the economies of scale and their efficiencies. Ultimately, this reduces price and further promotes the acceptance of sensor networks for varied uses. Across the globe, several industries are widely adopting sensor networks to supervise different processes. These wireless sensor networks are located according to the sensing platforms with controlling capabilities and wireless communication. Besides, the Industrial Wireless Sensor Networks can also be positioned quickly, with improved data security & privacy concerns that is used in the industrial sectors in developing countries. Presently, due to the significant advantages of wireless solutions, the wireless sensors are largely replacing the existing wire sensor networks. Industrial Wireless Sensor Network solutions present remarkable (ROI) Return on Investment for industrial uses. The positioning of Industrial Wireless Sensor Networks lead to savings of material, labor and energy. It also improves the respected process through superior thorough monitoring. Moreover, wireless network also are compatible with the smartphones and work proficiently with the emerging (BYOD) Bring Your Own Device technology.
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The enhanced technology allows the system and network operators to remotely obtain data and maintain systems instead of frequent travel. The Industrial Wireless Sensor Network works exceptionally well for the dangerous and risky areas like chemicals and mining.
Browse Full Research Report @
https://www.millioninsights.com/industry-reports/industrial-wireless-sensor-network-iwsn-market
The Industrial Wireless Sensor Network Market is projected to grow considerably with the rising demand from different industries to improve their processes efficiencies and position the networks quickly. The other benefits of Industrial Wireless Sensor Network are application-specific and easy to use nature which contributes in the market growth. A major challenge that restricts the growth of IWSN Market is the accessibility of numerous wireless communication regulations leading to reduced interoperability among different sensor networks. Moreover, in the previous years, the acceptance of standard communication protocols boosts the adoption of wireless sensor network in different industries. Industrial Wireless Sensor Network is a major part of industrial automation and is also applicable for monitoring events and periodic data collection.
The Industrial Wireless Sensor Network is categorized on the grounds of sensor into temperature sensor, pressure sensor, image & surveillance sensor, flow sensors, level sensors, chemical & gas sensors, motion & position sensor, humidity sensor etc. and technology and geography. On the grounds of application, the market is divided as oil & gas, power & energy, food & beverages, automotive, metal & mining, water & waste water, and pharmaceuticals. Geographically, the market is divided into Europe, North America, Middle East & Africa, Asia Pacific, and South America. The eminent market players in the Industrial Wireless Sensor Network Industry are ABB Ltd., Emersion Electric, STMicroelectronics, Endress+Hauser AG, Linear Technology Corporation, Honeywell International Inc., Texas Instruments, Inc., Siemens AG, and NXP Semiconductors, Schneider Electric.
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Industrial Wireless Sensor Network (IWSN) Market - Global Industry Insights, Trends and Growth Opportunity Analysis to 2025
21st Aug 2020 - The Global Industrial Wireless Sensor Network (IWSN) Market is estimated to reach USD 8.67 billion by 2025 due to the growing popularity of Industrial Wireless Sensor Network in various industries. These industries comprise healthcare, manufacturing, oil & gas, automotive, etc. The Industrial Wireless Sensor Network (IWSN) market is expected to grow at 14.5% CAGR in the forecast period. Industrial Wireless Sensor Network is the network of distributed sensing platform with wireless communication. The Industrial Wireless Sensor Network is deployed in the remote areas and makes use of wireless technology to transfer signals to the control room. Moreover, the system can be managed, troubleshot and supervised remotely.
The Industrial Wireless Sensor Network have extensively captured a larger part of different industries. The multiple applications of sensors have raised the economies of scale and their efficiencies. Ultimately, this reduces price and further promotes the acceptance of sensor networks for varied uses. Across the globe, several industries are widely adopting sensor networks to supervise different processes. These wireless sensor networks are located according to the sensing platforms with controlling capabilities and wireless communication. Besides, the Industrial Wireless Sensor Networks can also be positioned quickly, with improved data security & privacy concerns that is used in the industrial sectors in developing countries. Presently, due to the significant advantages of wireless solutions, the wireless sensors are largely replacing the existing wire sensor networks. Industrial Wireless Sensor Network solutions present remarkable (ROI) Return on Investment for industrial uses.
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The positioning of Industrial Wireless Sensor Networks lead to savings of material, labor and energy. It also improves the respected process through superior thorough monitoring. Moreover, wireless network also are compatible with the smartphones and work proficiently with the emerging (BYOD) Bring Your Own Device technology. The enhanced technology allows the system and network operators to remotely obtain data and maintain systems instead of frequent travel. The Industrial Wireless Sensor Network works exceptionally well for the dangerous and risky areas like chemicals and mining.
The Industrial Wireless Sensor Network Market is projected to grow considerably with the rising demand from different industries to improve their processes efficiencies and position the networks quickly. The other benefits of Industrial Wireless Sensor Network are application-specific and easy to use nature which contributes in the market growth. A major challenge that restricts the growth of IWSN Market is the accessibility of numerous wireless communication regulations leading to reduced interoperability among different sensor networks. Moreover, in the previous years, the acceptance of standard communication protocols boosts the adoption of wireless sensor network in different industries. Industrial Wireless Sensor Network is a major part of industrial automation and is also applicable for monitoring events and periodic data collection.
Industrial Wireless Sensor Network Type Outlook (Revenue, USD Million, 2014 - 2025)
• Temperature Sensors
• Pressure Sensors
• Level Sensors
• Flow Sensors
• Humidity Sensors
• Motion & Position Sensors
• Gas Sensors
• Light Sensors
• Chemical Sensors
• Others
The eminent market players in the Industrial Wireless Sensor Network Industry are ABB Ltd., Emersion Electric, STMicroelectronics, Endress+Hauser AG, Linear Technology Corporation, Honeywell International Inc., Texas Instruments, Inc., Siemens AG, and NXP Semiconductors, Schneider Electric.
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Industrial Wireless Sensor Network Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• Japan
• India
• Latin America
• Brazil
• Mexico
• Middle East & Africa
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Industrial Wireless Sensor Network Market to Scale New Heights as Market Players Focus on Innovations 2024 – 2030
The industrial wireless sensor network (IWSN) is the network of distributed sensing platform with wireless communication. IWSN is positioned in remote areas and uses remote technology to transmit signals to the control room. Furthermore, the system can be controlled, troubleshot, and monitored remotely. Additionally, it is majorly utilized for process & control monitoring and data processing.
Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/54883-global-industrial-wireless-sensor-network-market?utm_source=Organic&utm_medium=Vinay
Latest released the research study on Global Industrial Wireless Sensor Network Market, offers a detailed overview of the factors influencing the global business scope. Industrial Wireless Sensor Network Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Industrial Wireless Sensor Network The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Intel (United States), Huawei (China), Dell (United States), NXP Semiconductors (Netherlands), Stmicroelectronics (Switzerland), TE Connectivity (Switzerland), Advantech (Taiwan), ABB (Switzerland), Honeywell (United States)
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Southeast Asia.
Contact Us:
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New Jersey USA – 08837
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Global Industrial Wireless Sensor Networks (IWSN) Market 2019 Global Share, Sales, Size Estimation, Industry Benefits, Upcoming Developments, Business Predictions and Future Investments 2025
The market research report on the Industrial Wireless Sensor Networks (IWSN) Market is an in-depth report on the all-inclusive prospects of the Industrial Wireless Sensor Networks (IWSN) Market over the analysis period of 2019 to 2025. Further, the report presents a full understanding of the major dynamics of the Industrial Wireless Sensor Networks (IWSN)Market such as on-going market trends, opportunities, growth drivers, and barriers. The report inspects the micro and macro-economic factors that are anticipated to foster the growth of the Industrial Wireless Sensor Networks (IWSN) Market during the forecast period.
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Global Industrial Wireless Sensor Networks (IWSN) market was held at a market value of USD XX Billion in 2019 and is anticipated to reach to a market valuation of USD XX Million in 2025. Further, the market is anticipated to flourish at a CAGR of XX% during the forecast period i.e. 2020-2025. The report covers different market segments which aids the client to understand different to provide a better and clear understanding of the market.
The report answers various key questions related to Industrial Wireless Sensor Networks (IWSN) market.
How the growth will unfold for global Industrial Wireless Sensor Networks (IWSN) market in the years ahead?
How the outlook of end users will impact the global Industrial Wireless Sensor Networks (IWSN) market during the forecast period?
Which regions are believed to witness highest growth in the upcoming years?
Which country and region capture the largest market in global Industrial Wireless Sensor Networks (IWSN) market?
Which products are expected to witness lucrative growth during the assessment period?
What are current on-going market trends and key business strategies being adopted by various key and niche players of market?
The global Industrial Wireless Sensor Networks (IWSN) report is segmented based on the product type and end user.
Key Topic Covered in Global Industrial Wireless Sensor Networks (IWSN) Market
Market Size, and Year on Year Growth Analysis
Segmentation Coverage by Region
o North America
o Latin America
o Europe
o Asia Pacific
o The Middle East and Africa
Supply Chain Analysis
Porters Five Force Model
Market Dynamics
o Market Drivers
o Barriers
o Industry Trends
o Market Opportunities
Market Share of the companies in Wearable Cardiac Monitors Market
Competitive Positioning of the companies
Company Profiling of Key Major Players
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Research Methodology
Kay Dee Market Insights industry research is based on a core set of research process:
Country level desk research, domestic company research and analysis, retail distribution and store tests, interviewing with national players and market analysis.
International level desk research, global company research and analysis, interviewing with national players and market analysis.
The report research includes both exhaustive secondary research and primary research. The same in-house team of industry analysts that conducts the primary and secondary research also co-ordinates, controls, edits and finalizes the work of our research associates under review.
Key Players
Company profiles of some of major and niche players presented in report include Lantronix, Inc., NXP Semiconductors N.V., Analog Devices, Inc., Texas Instruments Incorporated, STMicroelectronics N.V., Yokogawa Electric Corporation, Endress+Hauser AG, Schneider Electric SE, ABB Ltd, and Siemens AG., & Other Prominent Players. The report also includes a section which covers market positioning and market share of companies in the global Industrial Wireless Sensor Networks (IWSN) market.
Company profile analysis covers in-depth analysis of the player’s business and key financial metric such as net revenue, revenue breakup by segment and by region, SWOT Analysis, risk analysis, key facts, key business strategy, major products and services, and recent news and other market activities.
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Industrial Wireless Sensor Network (IWSN) Market: Global Key Players, Trends, Share, Industry Size, Growth, Opportunities, Forecast To 2024
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Covid-19 impact: Industrial Wireless Sensor Network Market Size to surge at 15.2% CAGR is expected to reach $8,669.8 Million in 2025
Covid-19 impact: Industrial Wireless Sensor Network Market Size to surge at 15.2% CAGR is expected to reach $8,669.8 Million in 2025
JUN 2020 | Report Format: Electronic (PDF)
The global industrial wireless sensor network market size is expected to reach USD 8,669.8 million by 2025, growing at a CAGR of 15.2% from 2019 to 2025,according to a new study conducted by Grand View Research, Inc. The benefits offered by IWSN over wired networks, such as mobility, self-discovery capability, compact size, cost-effectiveness, and…
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Industrial Wireless Sensor Network Market Outlook and Growth Forecasted By 2023
A new market research report on the Global Industrial Wireless Sensor Network market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global Industrial Wireless Sensor Network market. The Global Industrial Wireless Sensor Network analysis is broken down on different segmentation levels including Market By Sensor, By Technology, By Industry Vertical.
The Industrial wireless sensor network (IWSN) is the network of distributed sensing platform with wireless communication. IWSN is positioned in remote areas, and uses wireless technology to measure or transmit signals to a control room. Furthermore, the system can be controlled, troubleshot, and monitored remotely. It is majorly used for process & control monitoring and data processing.
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Surge in popularity of industrial wireless sensor technology among various industry verticals such as oil & gas, automotive, manufacturing, healthcare, and others drives the growth of the market. Furthermore, rise in need to improve process efficiencies boosts the demand for IWSN. Moreover, advantages offered by this technology such as high performance and its easy deployment fuel the market growth. However, rise in data security and privacy concerns is the key factor that hinders the growth of the market. On the contrary, increase in industrialization in the emerging market such as China, India, and Brazil, owing to growing urbanization provides ample of growth opportunity for market expansion.
The industrial wireless sensor market is segmented on the basis of sensor, technology, industry vertical, and geography. Based on sensor, the market is categorized into pressure sensor, temperature sensor, level sensor, flow sensor, biosensor, and others. By technology, it is classified into Zigbee, Bluetooth, Wi-Fi, and others. Depending on industry vertical, it is fragmented into oil & gas, automotive, manufacturing, healthcare, and others. Geographical breakdown and deep analysis of each of the aforesaid segments are included for North America, Europe, Asia-Pacific, and LAMEA.
Key players operating in the market include ABB Ltd., STMicroelectronics, Honeywell International Inc., Texas Instruments, Inc., Siemens AG, Endress+Hauser AG, Linear Technology Corporation, NXP Semiconductors, Schneider Electric, and Emersion Electric.
KEY BENEFITS FOR STAKEHOLDERS
– This study comprises analytical depiction of the global industrial wireless sensor network market with current trends and future estimations to illustrate the imminent investment pockets.
– The overall market potential is determined to understand the profitable trends to gain a stronger coverage in the market.
– The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
– The current market is quantitatively analyzed from 2017 to 2023 to highlight the financial competency of the market.
– Porter's Five Forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
By Sensor
– Pressure Sensor
– Temperature Sensor
– Level Sensor
– Floe Sensor
– Biosensor
– Others
By Technology
– Zigbee
– Bluetooth
– Wi-Fi
– Others
By Industry Vertical
– Oil & Gas
– Automotive
– Manufacturing
– Healthcare
– Others
By Geography
– North America
– – U.S.
– – Canada
– – Mexico
– Europe
– – UK
– – France
– – Germany
– – Russia
– – Rest of Europe
– Asia-Pacific
– – China
– – South Korea
– – India
– – Japan
– – Rest of Asia-Pacific
– LAMEA
– – Latin America
– – Middle East
– – Africa
KEY MARKET PLAYERS PROFILED
– ABB Ltd
– STMicroelectronics
– Honeywell International Inc.
– Texas Instruments, Inc.
– Siemens AG
– Endress+Hauser AG
– Linear Technology Corporation
– NXP Semiconductors
– Schneider Electric
– Emersion Electric
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Table of Content
Chapter 1: Introduction
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
Chapter 2: Executive summary
2.1. CXO perspective
Chapter 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.2.3.1. Top winning strategies, by year 2014-2017
3.2.3.2. Top winning strategies, by development 2014-2017
3.2.3.3. Top winning strategies, by company 2014-2017
3.3. Porter’s five forces analysis
3.4. Market share analysis, 2015
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Surge in popularity of industrial wireless sensor network
3.5.1.2. Low cost and easy deployment of industrial wireless sensor network
3.5.2. Restraints
3.5.2.1. Data Security and privacy concern
3.5.3. Opportunities
3.5.3.1. Increase in industrialization in the emerging market
Chapter 4: INDUSTRIAL WIRELESS SENSOR NETWORK MARKet BY SENSOR
4.1. Overview
4.2. Pressure Sensor
4.2.1. Key market trends and opportunities
4.2.2. Market size and forecast by region
4.2.3. Market analysis by country
4.3. Temperature Sensor
4.3.1. Key market trends and opportunities
4.3.2. Market size and forecast by region
4.3.3. Market analysis by country
4.4. Level Sensor
4.4.1. Key market trends and opportunities
4.4.2. Market size and forecast by region
4.4.3. Market analysis by country
4.5. Flow Sensor
4.5.1. Key market trends and opportunities
4.5.2. Market size and forecast by region
4.5.3. Market analysis by country
4.6. Biosensor
4.6.1. Key market trends and opportunities
4.6.2. Market size and forecast by region
4.6.3. Market analysis by country
4.7. Others
4.7.1. Key market trends and opportunities
4.7.2. Market size and forecast by region
4.7.3. Market analysis by country
Chapter 5: INDUSTRIAL WIRELESS SENSOR NETWORK MARKet BY Technology
5.1. Overview
5.2. Zigbee
5.2.1. Key market trends
5.2.2. Market size and forecast by region
5.2.3. Market analysis by country
5.3. Bluetooth
5.3.1. Key market trends
5.3.2. Market size and forecast by region
5.3.3. Market analysis by country
5.4. Wi-Fi
5.4.1. Key market trends
5.4.2. Market size and forecast by region
5.4.3. Market analysis by country
5.5. Others
5.5.1. Key market trends
5.5.2. Market size and forecast by region
5.5.3. Market analysis by country
Chapter 6: INDUSTRIAL WIRELESS SENSOR NETWORK MARKt BY industry verticals
6.1. Overview
6.2. Oil & Gas
6.2.1. Key market trends
6.2.2. Market size and forecast by region
6.2.3. Market analysis by country
6.3. Automotive
6.3.1. Key market trends
6.3.2. Market size and forecast by region
6.3.3. Market analysis by country
6.4. Manufacturing
6.4.1. Key market trends
6.4.2. Market size and forecast by region
6.4.3. Market analysis by country
6.5. Healthcare
6.5.1. Key market trends
6.5.2. Market size and forecast by region
6.5.3. Market analysis by country
6.6. Others
6.6.1. Key market trends
6.6.2. Market size and forecast by region
6.6.3. Market analysis by country
Chapter 7: INDUSTRIAL WIRELESS SENSOR NETWORK MARKEt, BY REGION
7.1. Overview
7.2. North America
7.2.1. Key market trends and opportunities
7.2.2. Market size and forecast by sensor
7.2.3. Market size and forecast by technology
7.2.4. Market size and forecast by industry verticals
7.2.5. Market analysis by country
7.2.5.1. U.S.
7.2.5.1.1. Market size and forecast
7.2.5.1.2. Market size and forecast, by type
7.2.5.1.3. Market size and forecast, by technology
7.2.5.1.4. Market size and forecast, by industrial verticals
7.2.5.2. Canada
7.2.5.2.1. Market size and forecast
7.2.5.2.2. Market size and forecast, by type
7.2.5.2.3. Market size and forecast, by technology
7.2.5.2.4. Market size and forecast, by industrial verticals
7.2.5.3. Mexico
7.2.5.3.1. Market size and forecast
7.2.5.3.2. Market size and forecast, by type
7.2.5.3.3. Market size and forecast, by technology
7.2.5.3.4. Market size and forecast, by industrial verticals
7.3. Europe
7.3.1. Key market trends and opportunities
7.3.2. Market size and forecast by sensor
7.3.3. Market size and forecast by technology
7.3.4. Market size and forecast by industry verticals
7.3.5. Market analysis by country
7.3.5.1. UK
7.3.5.1.1. Market size and forecast
7.3.5.1.2. Market size and forecast, by type
7.3.5.1.3. Market size and forecast, by technology
7.3.5.1.4. Market size and forecast, by industrial verticals
7.3.5.2. France
7.3.5.2.1. Market size and forecast
7.3.5.2.2. Market size and forecast, by type
7.3.5.2.3. Market size and forecast, by technology
7.3.5.2.4. Market size and forecast, by industrial verticals
7.3.5.3. Germany
7.3.5.3.1. Market size and forecast
7.3.5.3.2. Market size and forecast, by type
7.3.5.3.3. Market size and forecast, by technology
7.3.5.3.4. Market size and forecast, by industrial verticals
7.3.5.4. Russia
7.3.5.4.1. Market size and forecast
7.3.5.4.2. Market size and forecast, by type
7.3.5.4.3. Market size and forecast, by technology
7.3.5.4.4. Market size and forecast, by industrial verticals
7.3.5.5. Rest of Europe
7.3.5.5.1. Market size and forecast
7.3.5.5.2. Market size and forecast, by type
7.3.5.5.3. Market size and forecast, by technology
7.3.5.5.4. Market size and forecast, by industrial verticals
7.4. Asia-Pacific
7.4.1. Key market trends and opportunities
7.4.2. Market size and forecast by sensor
7.4.3. Market size and forecast by technology
7.4.4. Market size and forecast by industry verticals
7.4.5. Market analysis by country
7.4.5.1. China
7.4.5.1.1. Market size and forecast
7.4.5.1.2. Market size and forecast, by type
7.4.5.1.3. Market size and forecast, by technology
7.4.5.1.4. Market size and forecast, by industrial verticals
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Industrial Wireless Sensor Network Market Foreseen To Grow Exponentially Over 2025
The global industrial wireless sensor network (IWSN) market size is anticipated to reach USD 8.67 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 14.5% CAGR during the forecast period. Benefits offered by IWSN over wired networks, such as mobility, self-discovery capability, compact size, cost-effectiveness, and reduced complexity, are anticipated to play a significant role in increasing global demand.
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. For instance, ABB Ltd., which has 7 research centers and more than 8,000 technologists, invested USD 1.5 billion in R&D in 2016.
The hardware segment is anticipated to witness substantial growth as they detect activities and send information from one device to another through various communication technologies. Increasing miniaturization of electronic components and advancements in communication technology make it possible to develop a seamless network. The software handles device-specific tasks, such as initialization of hardware, memory management, and process management, as well as scheduling. The software segment generated the highest revenue in 2016 and the trend is expected to continue over the forecast period.
Global players in the IWSN market are collaborating with new entrants to provide improved products and systems with enhanced performance. In January 2017, Honeywell Process Solutions collaborated with AEREON to develop solutions that help the industrial sector improve operational efficiency, safety, and reliability.
To request a sample copy or view summary of this report, click the link below: https://www.grandviewresearch.com/industry-analysis/industrial-wireless-sensor-networks-iwsn-market
Further key findings from the report suggest:
Demand for IWSN has increased over the years owing to benefits such as elimination of complexity and cost-effectiveness as compared to wired networks
The hardware segment generated the highest revenue in 2016, owing to increased adoption for process monitoring in industries such as automotive, oil and gas, and mining
Numerous vendors are implementing compatible software for real-time monitoring of data from sensor nodes
Global players in the IWSN market are collaborating with new entrants to provide improved products and systems with enhanced performance
The Asia Pacific region is predicted to witness remarkable growth over the forecast period owing to increasing applications of WSN in automotive, manufacturing, and oil and gas industries
Key players in the market include ABB Ltd., Siemens AG, Schneider Electric, Yokogawa Electric Corporation, and Texas Instruments.
Grand View Research has segmented the global IWSN market based on component, type, technology, application, end use, and region:
Industrial Wireless Sensor Network Component Outlook (Revenue, USD Million, 2014–2025)
Hardware
Software
Service
Industrial Wireless Sensor Network Type Outlook (Revenue, USD Million, 2014–2025)
Temperature Sensors
Pressure Sensors
Level Sensors
Flow Sensors
Humidity Sensors
Motion & Position Sensors
Gas Sensors
Light Sensors
Chemical Sensors
Others
Industrial Wireless Sensor Network Technology Outlook (Revenue, USD Million, 2014–2025)
Bluetooth
ZigBee
Wi-Fi
Near Field Communication (NFC)
Cellular Network
WirelessHART
ISA 100.11a
Industrial Wireless Sensor Network Application Outlook (Revenue, USD Million, 2014–2025)
Machine Monitoring
Process Monitoring
Asset Tracking
Safety & Surveillance
Industrial Wireless Sensor Network End use Outlook (Revenue, USD Million, 2014–2025)
Automotive
Food & Beverages
Manufacturing
Mining
Oil & Gas
Utilities
Others
Industrial Wireless Sensor Network Regional Outlook (Revenue, USD Million, 2014–2025)
North America
US.
Canada
Europe
UK.
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Mexico
Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1–415–349–0058
Toll Free: 1–888–202–9519
Email: [email protected]
For More Information: www.grandviewresearch.com
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