Press release
Industrial Wireless Sensor Market 2021 Disclosing Latest Trends and Advancement Outlook 2026
The Industrial Wireless Sensor Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Industrial Wireless Sensor market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Industrial Wireless Sensor market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Industrial Wireless Sensor market.The industrial wireless sensor market is expected to register a CAGR of 12.4% during the forecast period (2021 - 2026).
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Top Leading Companies of Industrial Wireless Sensor Market are - ABB Ltd., Rockwell Automation Inc., Honeywell International Inc., Siemens AG, Schneider Electric SE, STMicroelectronics Inc., Emerson Electric Co., General Electric Co., Texas Instruments Inc., NXP Semiconductors N.V., BAE Systems Inc. and others.
Industry News and Updates:
- March 2018: Lord Corporation announced the launch of a new network ready wireless gateway. The new WSDA 2000 Wireless Sensor Data Aggregator connects high-speed sensor data directly to the cloud. By using this, users can capture up to 256,000 samples per second across the wireless sensor network, with up to 4,000 samples per second per node.
- November 2017: Honeywell launched new connected gas sensors to support safe industrial operations. The new Sensepoint XRL is a fixed gas detector that monitors industrial operations for specific hazardous gases, such as carbon monoxide or methane.
Key Market Trends:
Oil & Gas Segment Expected to Witness Significant Growth
- The introduction of high-tech sensors has entirely changed the way oilfields are operated. Wireless sensors are used in the oil and gas industry to give managers and decision makers the ability to track and control the entire plant belonging to the sector. IIoT sensing units are mounted at numerous locations to make it possible to consume and analyze data from multiple resources.
- Due to the rise in the demand for oil and gas across the world, the global oil and gas industry is focusing on the efficient supply of crude oil. To cater to this growing demand, the oil and gas companies need to expand their exploration opportunities and upgrade their existing processes. In order to increase productivity and to achieve energy efficiency, oil and gas companies are focusing on the effective deployment of wireless sensors in their plants, refineries, and production sites.
By Type:
Temperature Sensor
Gas Sensor
Pressure Sensor
Humidity Sensor
Flow Sensor
Biosensor
Other
By Application:
Manufacturing
Oil & Gas
Medical
Energy & Power
Mining
Other
Regional Analysis:
North America Expected to Hold Significant Market Share
- The industrial wireless sensors in the North America region is majorly driven by the investments in the industrial internet of things (IIoT) to increase productivity, deliver high-quality products, and track the performance of products after they leave the factory floor. Moreover, the US is a hub for industrial wireless sensors, and most of the end-user industries in the region have deployed these sensors.
- The manufacturers belonging to the US region focus on investing in R&D activities to improve accuracy and reliability. Various industry players are focusing on product differentiation to avoid price competition. The growth of wireless sensors in the region is hindered by the maturity of the end-user segment and environmental impact on sensors.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Industrial Wireless Sensor Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Industrial Wireless Sensor Market (%),2016 - 2026
- Industrial Wireless Sensor Market Share, By Brand
- Industrial Wireless Sensor Market Share, By Company
- Industrial Wireless Sensor Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Industrial Wireless Sensor Market Value Analysis & Forecast
- Promising Industrial Wireless Sensor Development by Major Companies
- Detailed Industrial Wireless Sensor Portfolio of the Major Companies
- Major Deals in the Industrial Wireless Sensor Market
- Major Companies Analysis
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We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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