Wireless Temperature Sensors Market Insights, Rising Trends and Global Demand 2022- ABB, Emerson, Honeywell, OMEGA Engineering, Dwyer Instruments

Global Wireless Temperature Sensors Market Size, Status and Forecast 2022-2028

The report discusses many vital industry facets that influence global Wireless Temperature Sensors industry acutely which includes extensive study of competitive edge, latest industry advancements, region-wise industry environment, contemporary market and trends, top market contenders, and recent consumption tendency of the end user. The report also manages market size, market share, growth rate, revenue, and CAGR reported before along with its forecast estimation.

Wireless Temperature Sensors Market was valued at 16.06 million units in 2020 and expected to reach 24.93 million units by 2026 and grow at a CAGR of 7.7% over the forecast period (2021-2026).

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The prominent players in the global Wireless Temperature Sensors Market are: ABB, Emerson, Honeywell, OMEGA Engineering, Dwyer Instruments, E+E , JUMO

News and Updates

In July 2020 - Siemens AG launched a PM2.5 duct type fine dust sensor, which comes in two variants and creates a healthy as well as productive indoor air climate. By ensuring the early detection of hazardous particles, the sensors help achieve energy and cost-efficient control of the entire HVAC system.

In June 2020 - Schneider Electric, the global company in the digital transformation of energy management and automation, announced that it had become a Partner of Infrastructure Masons (iMasons), a non-profit professional association for the digital infrastructure industry.

Market Overview

In January 2020, Momenta Ventures invested in SST Wireless. A wireless, industrial-hardened condition-monitoring sensor used to increase worker safety, reduce downtime, extend machinery service life, and conserve resources, such as water and energy.

Wireless temperature sensors are also vital in smart grids for remote monitoring of power lines and transformers. They are put into service to monitor line temperature and weather conditions. Industrial automation and demand for miniaturized consumer devices, such as wearables and IoT-connected devices, among others, across regions, are among the significant factors driving the wireless temperature sensors market.

Moreover, due to the increased government regulation for the increased use of the sensor for safety, the demand for wireless temperature sensors is growing. For instance, the areas with challenging environmental conditions, such as extreme high pressure and high temperature, require wireless sensors. It becomes easy to control and monitor the facility from a safe distance continually. They help to acquire the data from the locations, which are difficult to access.

With the 5G adoption initiated in the significant market, such as North America, Europe, and other major developed cities across the world, has made it possible for this sensor network to transfer multimedia files at a fast rate and enable MIMO networking capabilities.

Regional Assessment 

Geographically, the global Wireless Temperature Sensors market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, and others), Asia-Pacific (China, India, Japan, and others), and LAMEA (Latin America, Middle East, and Africa).

Market Segments by Types
Single Channel

Dual Channel

Multi Channel

Global Wireless Temperature Sensors market: Applications
Indoor

Outdoor

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Research Methodology:

We follow a robust research methodology that includes data triangulation based on top-down, bottom-up approaches, and authentication of the estimated market numbers through primary research. The information used to estimate the Wireless Temperature Sensors market size and forecast for various segments at the global, regional, and country level is derived from the most reliable published sources and through interviews with the correct stakeholders.

Key Takeaways from Wireless Temperature Sensors Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Wireless Temperature Sensors market - key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance - Wireless Temperature Sensors market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to advance top-line revenues

─Appreciate the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a rapid outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Wireless Temperature Sensors

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