Global Wireless Sensor Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. A standard measurement tool equipped with transmitters to convert signals from process control instruments into a radio transmission is referred to a wireless sensor. A receiver interprets the radio signal which then converts the wireless signal to the preferred output. Wireless sensors are easily available in the market and can measure a wide range of parameters such as pressure, temperature, flow, etc.
The factors that propel the growth of the Wireless Sensor Market include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. In addition, factors such as changing standard of living, cost efficacy, and wide range of applications significantly fuel the market growth. Furthermore, wireless sensor decreases the operational costs as they do not need electric wiring which ultimately excludes the need for extra ducts for installation.
On the other hand, there are also factors that may obstruct the market growth such as maturity of end-user, environmental impact, and limited bandwidth of wireless sensors. Wireless Sensor Market is classified on the basis of product type, industry, distribution channel and geography. The market is segmented by product type as acoustic sensors, biosensors, electrical & magnetic sensors, pressure and flow sensors, gas and chemical sensors, motion and surveillance sensors, temperature and humidity sensors and others.
Wireless Sensor Market is classified on industry as banking, defense, energy, healthcare, manufacturing, retail, transportation, and others. Wireless Sensor Industry is segmented by distribution channel as online stores, specialty stores and others. Wireless Sensor Market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.
The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and African region consists of GCC, South Africa and North Africa.
By geography, North America is projected to account a significant share of the Wireless Sensor Market. However, Asia Pacific is projected to be the fastest growing region in the Wireless Sensor Market. Some of the key players that fuel the growth of the market include ABB, Honeywell Process Solutions, General Electric, Siemens and Yokogawa Electric.
The other prominent players operating in the Wireless Sensor Market include Ambient Micro, Aruba Networks (Hewlett-Packard Enterprise), Microstrain, Atmel, STMicroelectronics, BAE Systems, Rockwell Collins, Bosch, Cisco Systems, Drägerwerk, Schneider Electric, Dust Networks, Silicon Laboratories, NXP Semiconductor (Freescale Semiconductor), OmniVision Technologies, Gastronics, OMRON, Industrial Scientific Corporation (ISC), Microsemi Corporation, EnoCean, Mitsubishi Electric, and Thermo Fisher Scientific. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Wireless Sensor in these regions, from 2012 to 2022 (forecast), covering
• United States
• South Korea
Global Wireless Sensor market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Techkor Instrumentation
• Beijing kunlun coast sensing technology co
• SHENZHEN RION TECHNOLOGY CO.,LTD
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Wireless Temperature Sensors
• Wireless Accelerometers
• Wireless Pressure Sensors
• Wireless Dust Sensors
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Wireless Sensor for each application, including
• Environmental monitoring
• Energy monitoring
• Building monitoring
• Machine condition monitoring
• Structural health monitoring
• Distributed temperature monitoring
• Industrial monitoring
Research Support Specialist, USA