DUBLIN, March 9, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/kp5zxg/uae_wireless) has announced the addition of the "UAE Wireless Sensors Market - Growth, Trends & Forecasts (2015-2020)" report to their offering.
The UAE wireless sensors market is to grow at a CAGR of 25.92% during the 2015-2020 period. The growth of the UAE Wireless Sensors Market is currently being hindered by Maturity of End-User Segment and Environmental impact on sensors. Manufacturers focus on investing in R&D activities as accuracy and reliability are major product selection criteria. Further, industry participants emphasize on product differentiation in order to avoid price competition. UAE accounted for around 34% market share of the Middle East & Africa wireless sensors market in 2015 and is estimated to be the highest market in Middle East & Africa during the forecast period.
Wireless sensors are used in factory settings for data monitoring, flow of production and other similar functions, as well as in building automation, defense and other industries like materials handling and food and beverage. The increasing quest for new energy sources, renewable energy development, government regulations, and rapid technological advancements are the key Drivers which are making the wireless sensors market to grow lucratively. They are also a vital component in smart grids for remote monitoring of transformers and power lines where they are put into service to monitor line temperature and weather conditions.
The UAE Wireless Sensors Market is segmented on the basis of Type (Temperature, Pressure, Surveillance, Leak, Flow, Humidity, Chemical, Position, and Others), & Industry (Energy, Manufacturing, Healthcare, Defense, Transportation, Banking, Retail, and Others).
This report describes a detailed study of the Porter's five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies and competition analysis.
Companies Mentioned:
Report Structure:
1. Introduction
2. Key Findings
3. Market Overview & Dynamics
4. Introduction
5. Porter'S Five Forces Analysis
6. Market Segmentation
7. Company Profiles
8. Investment Analysis
9. Future Of Wireless Sensors Market
For more information visit http://www.researchandmarkets.com/research/kp5zxg/uae_wireless
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SOURCE Research and Markets
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