Global Industrial Wireless Automation Market Outlook 2025-2034: Trends, Innovations, And Future Outlook

The Industrial Wireless Automation Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Industrial Wireless Automation Market Size and Projected Growth Rate?
There has been significant growth in the industrial wireless automation market size in the past few years. The industry will see an increase from $5.18 billion in 2024 to $5.62 billion in 2025, with a compound annual growth rate (CAGR) of 8.4%. The growth during the historic period can be traced back to the rising demand for remote monitoring and control, along with the need for real-time data and enhanced productivity.

In the coming years, the industrial wireless automation market size is predicted to experience robust expansion. The market is projected to rise to $7.64 billion in 2029, with a compound annual growth rate (CAGR) of 8.0%. The expected growth during the forecast period can be attributed to the proliferation of IoT and edge computing, the increased need for remote monitoring and predictive maintenance, as well as the expansion of smart manufacturing and industrial IoT. Key trends for the forecast period comprise of integration with Industry 4.0 initiatives, speedy adoption of 5G technology, incorporation of AI and machine learning, along with a focus on cybersecurity.

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What Are the Major Segments in the Industrial Wireless Automation Market?
The industrial wireless automation market covered in this report is segmented -

1) By Product: Process Industry, Discrete Industry
2) By Organization: Large Enterprise, Small And Medium-sized Enterprises (SMEs)
3) By Application: Oil And Gas, Petrochemical, Water And Wastewater, Energy, Other Applications

Subsegments:
1) By Process Industry: Oil And Gas, Chemicals, Pharmaceuticals, Food And Beverage, Pulp And Paper, Water And Wastewater Treatment, Mining And Metals, Power Generation
2) By Discrete Industry: Automotive, Electronics, Aerospace And Defense, Machinery AndEquipment, Consumer Goods, Semiconductor Manufacturing, Metalworking, Packaging

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What Are The Driving Industrial Wireless Automation Market Evolution?
The escalating growth of the automotive industry is anticipated to spur the expansion of the industrial wireless automation market. The growth in this industry is attributed to various economic, technological, regulatory, and societal factors, as well as the transition towards cleaner, more efficient vehicles. Wireless automation systems offer the advantage of real-time monitoring and control over manufacturing equipment and procedures, enabling manufacturers to enhance production throughput, reduce downtime, and swiftly identify and rectify any issues. For example, the European Automobile Manufacturers Association, an intergovernmental organization based in Belgium, reported that the worldwide production of motor vehicles hit 85.4 million units in 2022, signifying a 5.7% rise from the previous year, in May 2023. Hence, the burgeoning automotive industry is fuelling the industrial wireless automation market's growth.

Which Firms Dominate The Industrial Wireless Automation Market Segments?
Major companies operating in the industrial wireless automation market are Siemens AG, Cisco Systems Inc., Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Eaton Corporation plc, Emerson Electric Co., Rockwell Automation Inc., Omron Corporation, Phoenix Contact GmbH & Co KG, Endress+Hauser AG, Yokogawa Corporation of America, Belden Inc., Rittal GmbH & Co KG, Advantech Co Ltd., Sick AG, Weidmüller Interface GmbH & Co KG, HARTING Technology Group, Pepperl+Fuchs AG, B&R Industrial Automation GmbH, Digi International Inc., Moxa, Turck Holding GmbH, Banner Engineering Corp., OleumTech Corporation, ProSoft Technology Inc.

What Trends Are Driving Growth in The Industrial Wireless Automation Market?
Key businesses in the industrial wireless automation market, such as Novus International, Inc., are concentrating on the creation of IoT-enabled appliances to improve customer offerings and secure a competitive edge. One example of such a device is the IoT controller N20K48. An IoT (Internet of Things) controller is essentially a centralized point of control, responsible for regulating and managing IoT systems and devices within a networked situation. Its role as a core hub makes it significant in ensuring communication, data processing, and control in industrial wireless automation systems. This, in turn, boosts operational efficiency and facilitates immediate decision-making in industrial settings. For instance, in May 2023, Novus International, Inc. unveiled the IoT controller N20K48. This device features a Wi-Fi micromodule, which eases the integration of older appliances and enabled affordable, simple inter-device communication. It includes an RP-SMA connector compatible with the panel and magnetic antennas, facilitating communication within panels and occupies four slots of the N20K48 controller dock.

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Which Is The Largest Region In The Industrial Wireless Automation Market?
North America was the largest region in the industrial wireless automation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial wireless automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Industrial Wireless Automation Market?
2. What is the CAGR expected in the Industrial Wireless Automation Market?
3. What Are the Key Innovations Transforming the Industrial Wireless Automation Industry?
4. Which Region Is Leading the Industrial Wireless Automation Market?

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