Press release
Global Industrial Wireless Market In Process Industries To Grow At A CAGR Of 7.10% During The Period 2017-2021
Wireless solution is a set of systems, devices, and services implemented in an industrial facility to guarantee a continuous and consistent coverage and flow of operational data. In wireless technology, electromagnetic waves are deployed to transmit information in the form of signals using a communication channel. Industrial communication protocols like Ethernet, Fieldbus, and wireless technologies are widely deployed by both process and discrete industries to connect their sub-processes, systems, equipment, and automated technologies, and generate a seamless flow of operational data.
Technavios analysts forecast the global industrial wireless market in process industries to grow at a CAGR of 7.10% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial wireless market in process industries for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Industrial Wireless Market in Process Industries 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
Belden
Cisco
Eaton
Rockwell Automation
Siemens
Other prominent vendors
ABB
Aruba (Part of HP)
Beckhoff Automation
Honeywell Process Solutions
Huawei
Schneider Electric
Yokogawa
Market driver
Reduction in installation and retrofit costs.
For a full, detailed list, view our report
Market challenge
Growing security concerns.
For a full, detailed list, view our report
Market trend
Adoption of wearable devices in process industries.
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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