The Global Industrial Wireless Sensor Network (IWSN) Market is estimated to reach USD 8.67 billion by 2025 due to the growing popularity of Industrial Wireless Sensor Network in various industries. These industries comprise healthcare, manufacturing, oil & gas, automotive, etc. The Industrial Wireless Sensor Network (IWSN) market is expected to grow at 14.5% CAGR in the forecast period. Industrial Wireless Sensor Network is the network of distributed sensing platforms with wireless communication. The Industrial Wireless Sensor Network is deployed in remote areas and makes use of wireless technology to transfer signals to the control room. Moreover, the system can be managed, troubleshoot, and supervised remotely.
The Industrial Wireless Sensor Network has extensively captured a larger part of different industries. The multiple applications of sensors have raised the economies of scale and their efficiencies. Ultimately, this reduces the price and further promotes the acceptance of sensor networks for varied uses. Across the globe, several industries are widely adopting sensor networks to supervise different processes. These wireless sensor networks are located according to the sensing platforms with controlling capabilities and wireless communication. Besides, the Industrial Wireless Sensor Networks can also be positioned quickly, with improved data security & privacy concerns that are used in the industrial sectors in developing countries. Presently, due to the significant advantages of wireless solutions, wireless sensors are largely replacing the existing wire sensor networks. Industrial Wireless Sensor Network solutions present remarkable (ROI) Return on Investment for industrial uses.
The positioning of Industrial Wireless Sensor Networks leads to savings of material, labor, and energy. It also improves the respected process through superior thorough monitoring. Moreover, the wireless networks also are compatible with smartphones and work proficiently with the emerging (BYOD) Bring Your Device technology. The enhanced technology allows the system and network operators to remotely obtain data and maintain systems instead of frequent travel. The Industrial Wireless Sensor Network works exceptionally well for dangerous areas like chemicals and mining.
The Industrial Wireless Sensor Network Market is projected to grow considerably with the rising demand from different industries to improve their processes efficiencies and position the networks quickly. The other benefits of Industrial Wireless Sensor Network are application-specific and easy-to-use nature which contributes to market growth. A major challenge that restricts the growth of the IWSN Market is the accessibility of numerous wireless communication regulations leading to reduced interoperability among different sensor networks. Moreover, in the previous years, the acceptance of standard communication protocols boosts the adoption of a wireless sensor network in different industries. Industrial Wireless Sensor Network is a major part of industrial automation and is also applicable for monitoring events and periodic data collection.
The Industrial Wireless Sensor Network is categorized on the grounds of the sensor into temperature sensor, pressure sensor, image & surveillance sensor, flow sensors, level sensors, chemical & gas sensors, motion & position sensor, humidity sensor, etc., and technology and geography. On the grounds of application, the market is divided into oil & gas, power & energy, food & beverages, automotive, metal & mining, water & wastewater, and pharmaceuticals. Geographically, the market is divided into Europe, North America, Middle East & Africa, Asia Pacific, and South America.
The eminent market players in the Industrial Wireless Sensor Network Industry are ABB Ltd., Emersion Electric, STMicroelectronics, Endress+Hauser AG, Linear Technology Corporation, Honeywell International Inc., Texas Instruments, Inc., Siemens AG, and NXP Semiconductors, Schneider Electric.
Industrial Wireless Sensor Network Component Outlook (Revenue, USD Million, 2014 - 2025)
Industrial Wireless Sensor Network Type Outlook (Revenue, USD Million, 2014 - 2025)
• Temperature Sensors
• Pressure Sensors
• Level Sensors
• Flow Sensors
• Humidity Sensors
• Motion & Position Sensors
• Gas Sensors
• Light Sensors
• Chemical Sensors
Industrial Wireless Sensor Network Technology Outlook (Revenue, USD Million, 2014 - 2025)
• Near Field Communication (NFC)
• Cellular Network
• ISA 100.11a
Industrial Wireless Sensor Network Application Outlook (Revenue, USD Million, 2014 - 2025)
• Machine Monitoring
• Process Monitoring
• Asset Tracking
• Safety & Surveillance
Industrial Wireless Sensor Network End-use Outlook (Revenue, USD Million, 2014 - 2025)
• Food & Beverages
• Oil & Gas
Industrial Wireless Sensor Network Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• the U.S.
• the U.K.
• the Asia Pacific
• Latin America
• Middle East & Africa
Research Support Specialist, USA
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