Press release
Industrial Wireless Transmitter Market To Witness Astonishing Growth – 2026 | Key Players: Emerson Electric Company, Honeywell International Inc., Rohde & Schwarz GmbH & Co. KG
The Industrial Wireless Transmitter 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 Transmitter 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 Transmitter market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Industrial Wireless Transmitter market.The industrial wireless transmitter market was valued at USD 2565.52 million in 2020 and is expected to reach USD 3438.04 million by 2026, and grow at a CAGR of 5% over the forecast period (2021 - 2026).
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Top Leading Companies of Industrial Wireless Transmitter Market are - Emerson Electric Company, Honeywell International Inc., Rohde & Schwarz GmbH & Co. KG, Adcon Telemetry GmbH, OleumTech Corporation, Inovonics Corporation, Cooper Industries Inc. (Eaton Corporation PLC), Phoenix Contact, Ascom Wireless Solutions AG, Siemens Corporation, Schneider Electric Corporation, Keri Systems Inc. and others.
Industry News and Updates:
- February 2018 - Honeywell has announced a new solution for real-time safety monitoring of workers in plant and remote operations. The solution integrates data from wearable gas detectors to the company’s Experion Process Knowledge System, in order to alert authorities during emergency situations.
- November 2018 - Siemens has announced that they have formed an alliance with Aruba, a Hewlett Packard Enterprise company, for developing advanced integrated networks. Reportedly, the project includes development of wired and wireless networking products and related software that can be implemented via several channels.
Key Market Trends:
Energy and Power is expected to hold a Significant Share
- Energy & power industry is one of the largest end-user segment for industrial wireless transmitters. The major reason for using wireless transmitters in the industry is due to high rate of deployment of wireless solutions, like wireless sensor networks (WSN), etc., due to several safety standards and easy installation, even at places that are hard to access.
- In case of power & energy industry, many types of equipment, such as steam traps, heat exchangers, pumps, compressors, and pressure relief valves which were hard to monitor and often expensive using wired technology, can now be fitted with wireless transmitters for monitoring and maintenance purposes.
- In recent times, due to several environmental concerns, there has been a considerable shift in the power generation practices of several countries, especially in North America and Europe. The number of nuclear and thermal power plants are gradually coming down, as they are replaced with plants operating on natural gas.
North America is Expected to Hold a Major Share
- The high manufacturing activity in North America, which accounts for more than 23% of the region’s gross domestic product (GDP), is the major driver of demand for wireless transmitters. The region has a definite outlook form almost all the end-user verticals. Energy and power, and industrial automation stand to be the major source of demand for industrial grade wireless transmitters in the region.
- Stringent safety regulations in the country and a high degree of manufacturing are expected to influence the wireless transmitter’s market. According to the estimates of Observatory of Economic Complexity, the United States and Canada are the second largest and twelfth largest export economies in the world with over 189 industrial robots per every 1000 workers on an average.
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 Transmitter Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Industrial Wireless Transmitter Market (%),2016 - 2026
- Industrial Wireless Transmitter Market Share, By Brand
- Industrial Wireless Transmitter Market Share, By Company
- Industrial Wireless Transmitter Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Industrial Wireless Transmitter Market Value Analysis & Forecast
- Promising Industrial Wireless Transmitter Development by Major Companies
- Detailed Industrial Wireless Transmitter Portfolio of the Major Companies
- Major Deals in the Industrial Wireless Transmitter Market
- Major Companies Analysis
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- 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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