A new report titled "Global Industrial Wireless Sensor Networks Market - Size is projected to be around US$ 2,000 Million by 2026" has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Industrial Wireless Sensor Networks market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for Industrial Wireless Sensor Networks across the globe.
The global industrial wireless sensor networks market is expected to reach US$ 5,383.8 Mn by 2026. The market is projected to expand at a CAGR of 12.3% during the forecast period from 2018 to 2026. According to the report, the global industrial wireless sensor networks market will continue to be influenced by a range of factors such as their better reliability and availability compared to conventional industrial wired sensor networks, reduced maintenance cost, and their increasing use in manufacturing industry. Asia Pacific will continue to be at the forefront of global demand, holding bulk of the share of the market throughout the forecast years.
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This research study on the global industrial wireless sensor networks market provides a detailed cross segment and cross country analysis based on the different segments including type, technology, and industry. On the basis of type, the market is segmented into Flow, Gas, Temperature, Pressure, and Others (Level, Humidity etc.). Based on technology, the market is segmented into Bluetooth, ZigBee, Wi-Fi, Near Field Communication (NFC), Cellular, and Others (wirelessHART, ISA 100.11a etc.). In terms of industry, the market is segmented into automotive, food & beverages, manufacturing, mining, oil & gas, and others.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, national government documents, statistical databases, and market reports, Factiva, etc.
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on the market size, market trends, growth trends, competitive landscape, and outlook, etc. These help us to validate and strengthen secondary research findings. These also help to develop the analysis team’s market expertise and understanding.
The report covers well-established players such as Lantronix, Inc., NXP Semiconductors N.V., Analog Devices, Inc., Texas Instruments Incorporated, STMicroelectronics N.V., Yokogawa Electric Corporation, Endress+Hauser AG, Schneider Electric SE, ABB Ltd, and Siemens AG.
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The global industrial wireless sensor networks market is segmented as below:
Global Industrial Wireless Sensor Networks Market, by Type
Flow
Gas
Temperature
Pressure
Others (Level, Humidity etc.)
Global Industrial Wireless Sensor Networks Market, by Technology
Bluetooth
ZigBee
Wi-Fi
Near Field Communication (NFC)
Cellular
Others (wirelessHART, ISA 100.11a etc.)
Global Industrial Wireless Sensor Networks Market, by Industry
Automotive
Food & Beverages
Manufacturing
Mining
Oil & Gas
Others
Global Industrial Wireless Sensor Networks Market, by Geography
North America
U.S.
Canada
Rest of North America
Europe
U.K
Germany
France
Rest of Europe
Asia Pacific (APAC)
India
Japan
China
Rest of APAC
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
South America
Brazil
Rest of South America
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