The global market for wireless sensor technologies should grow from $4.3 billion in 2021 to $6.7 billion by 2026, at a compound annual growth rate (CAGR) of 9.4% during the forecast of 2021-2026.
This report presents the forecast for wireless sensor devices for 2021 through 2026 based on estimated volume and manufacturers' total revenues. These forecasts are further broken down by the various parameters that can be measured by the sensors, end applications and region.
Home automation and other indoor End-Use Applications should continue as the largest contributor to the wireless sensor market in the Americas region. However, intense competition among wireless technologies, including Zigbee, EnOcean, Z-wave, Wi-Fi6LoWPAN (Thread), and Bluetooth Smart, will mitigate its influence.
Companies associated with each of these applications continue to put considerable investment and effort in ensuring the privacy of their technology. Consequently, the market has experienced a chaotic rollout of wireless sensor-enabled products. Home automation and similar application stakeholders have been among the quickest to launch products.
The dominance of the end-application vertical reflects this factor. Its influence should recede as other end applications, notably in the industrial domain, aggressively adopt wireless sensors. Intelligent transportation-driven automotive engineering and design domains are dominated more by electronic technologies than by mechanical technologies. Accordingly, this trend is pushing growth in the wireless sensors market.
During the forecast period of this report, the market for wireless sensors for ecology and agriculture applications in the Americas is expected to achieve the highest growth rate. Wireless sensors can collect information about crop growth, proper watering patterns and fertilizer requirements.
The agriculture industry is faced with the challenge of growing enough food for the world's growing population. The increasing use of wireless sensors for agriculture is expected to boost the growth of the wireless sensors market in the Americas.
Also, the increasing adoption of IoT-based wireless sensors across end-user applications is expected to drive the growth of the wireless sensors market. End-user applications include home automation, energy infrastructure, healthcare, industrial automation, logistics and transport, ecology and agriculture, and defense and surveillance.
The prominent players in the market include ABB, Digi International, Emerson Electric Co., Endress+Hauser, Honeywell International Inc., HP (Aruba Networks), Johnson Controls International plc, NXP Semiconductors, Qualcomm Inc. (CSR), Renesas, Robert Bosch AG (Bosch Security Systems), Siemens AG, STMicroelectronics, Texas Instruments, and United Technologies Corp.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
Fundamentals of Sensors
IoT and WSN
Sensor Life Cycle Assessment
Technology Life Cycle
Market Trend Analysis
Mergers and Acquisitions
Analysis of Market Opportunities
Increased Adoption of Wireless Sensors Across Various Applications for Remote Monitoring
The Growth of Smart Cities
The Growth of Industrial Internet of Things
Rising Potential for Wireless Sensors in Environmental Monitoring (Ecology) and Agriculture
Synergies/Collaborations Between Various Wireless Standards and Their Increasing Usage in Industrial Applications
Security and Privacy Issues of WSNs
Impact of COVID-19 on the Wireless Sensors Market
Chapter 4 Market Breakdown by Measurable Parameters
Wireless Temperature Sensors
Wireless Pressure Sensors
Wireless Level Sensors
Wireless Flow Sensors
Wireless Chemical Composition Sensors
Wireless Biological Characteristic Sensors
Wireless Motion and Position Sensors
Wireless Surveillance and Image Sensors
Wireless Humidity Sensors
Chapter 5 Market Breakdown by Wireless Standard/Technology
Bluetooth and Bluetooth Smart
Bluetooth Smart: The Game Changer
Near-Field Communication: A Special Case of RFID
Wi-Fi, IPv6 over Low-power Wireless Personal Area Networks and Thread
ZigBee and RF4CE
Zigbee Smart Energy Standard
Other 802.15.4-based Technologies
Chapter 6 Market Breakdown by End-Use Application
Ecology and Agriculture
Logistics and Transport
Defense and Surveillance
Home Automation and Other Indoor Applications Domain
Chapter 7 Market Breakdown by Region
Chapter 8 Company Profiles
Banner Engineering Corp.
Dust Networks Inc.
Emerson Electric Co.
Honeywell International Inc.
Hewlett-Packard Enterprise (Aruba Networks)
Jacobs Engineering Inc. (Apprion)
Johnson Controls International Plc (Tyco International Plc)