Global (Oil & Gas, Energy & Power, Automotive, & Food & Beverage) IWSN Market - Trend & Forecast to 2013-2020

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Jan 07, 2015, 11:56 ET

DUBLIN, Jan. 07, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/d79bdf/iwsn_market_by) has announced the addition of the "IWSN Market by Sensor, Technology, Application & Geography - Global Trend & Forecast to 2013-2020" report to their offering.

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Wireless sensor networks are distributed sensing platforms with communication and controlling capabilities, low cost, fast deployment, flexible, and embedded intelligence for cooperatively delivering value added services. The wireless sensor network is composed of hundreds or thousands of low power, low cost, and self-organized wireless motes (also called as nodes), which enable sensing, process, and communication with each other over a radio frequency communication channel. Wireless sensor networks often have base stations. Base station is a gateway to another wireless sensor networks, microprocessor, and human interface.

IWSNs are a part of industrial automation and can be used for multiple purposes, such as monitoring events that require periodic data collection or detecting exceptional events. The introduction of wireless sensor networks' technologies in the industrial environment is a challenging goal with high potential benefits on increasing flexibility and reduced costs; this is basically true for industrial robotics. In the robotics scenario, there are several solutions available and IEEE 802.11a is a standard that overcomes most of the constraints on the part of robotics.

The research report categorizes the industrial wireless sensor network market into four different segments, such as market by sensor type, technology, application, and geography. Based on the sensors used, the industrial wireless sensor network market has been classified into temperature, pressure, flow, level, chemical and gas, motion and position, humidity, and image sensors. The application segment includes mining, food and beverage, medical and healthcare, power and energy, oil and gas, and automotive, among others. Based on the geography, the report has been segmented into North America, Europe, APAC, and RoW.

The industrial wireless sensor network market is expected to reach $944.92 Million by 2020. IP and analog are the two major types of IWSN systems currently available. North America holds the largest share in the IWSN market, but the APAC region is expected to have a higher growth rate among the other regions.

The report includes a discussion on key high growth markets, thereby marking the growth trend in the global IWSN market. Furthermore, a briefing has been conducted on the competitive scenario and geographic trends and opportunities in the macro- and micro-markets with respect to North America, Europe, Asia-Pacific, and RoW.

The global industrial wireless sensor network market size is estimated to grow from $401.23 Million in 2013 to $944.92 Million by 2020 at a CAGR of 12.96% from 2014 to 2020. The wireless temperature sensors are expected to grow at a CAGR of 13.42%. This growth is heralded by the oil and gas, automotive, and food and beverages industries.

The report, along with the market share analysis, profiles the major companies active in this field such as ABB Ltd. (Switzerland), Emerson Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Yokogawa Electric Corporation (Japan), and General Electric (U.S.), among others.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Industrial Wireless Sensor Network Market, By Sensor

8 IWSN Market, By Technology

9 IWSN Market, By Application

10 Industrial Wireless Sensor Network Market By,Geography

11 Competitive Landscape

12 Company Profile