Press release
Global Industrial Wireless Sensors Market To Grow At A CAGR Of 11.09% During The Period 2017-2021
The global industrial wireless sensors market is extremely dynamic, with the rapid technological advances strengthening its products and applications. The need for monitoring and analyzing real-time data is one of the major factors spurring the use of industrial wireless sensors. These industrial sensors are transducers that alter a physical quantity into electrical signals. The signal indications are processed through an electronic automation system and portray physical variations or error signals in the device or instrument. Based on this, industrial wireless sensors are classified into the following types: flow, temperature, pressure, gas sensors, and others. The 'others' segment includes proximity, level, position, bio, velocity and vibration sensors. These industrial sensors have a high degree of precision, reliability, range, variety and sensitivity, and enable advanced control and automation of industrial processing units.
Technavios analysts forecast the global industrial wireless sensors market to grow at a CAGR of 11.09% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial wireless sensors market for 2017-2021. To calculate the market size, the report focuses on the current and forecast market conditions of the major industrial wireless sensor products and the end-users, which will impact the growth of the market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Industrial Wireless Sensors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ABB
Honeywell International
Rockwell Automation
Siemens AG
Other prominent vendors
Baumer
Curtiss-Wright Corporation
Danfoss
Emerson
General Electric
JUMO
ProTAACS
SCHMIDT Technology
Schneider Electric
Shanghai Yuanben Magnetoelectric Tech
Shenzhen Sensor Electronic Technology
SIKO
Texas Instruments Incorporated
Johnson Controls International plc
Yokogawa Electric Corporation
Market driver
Increased flexibility and cost reduction of wireless sensor network.
For a full, detailed list, view our report
Market challenge
Variations in network signals in harsh environments.
For a full, detailed list, view our report
Market trend
Higher adoption of wearable devices in industrial environments.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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