The global wireless sensors market reached a value of US$ 6.6 Billion in 2020. Wireless sensors are standard measurement tools that are equipped with transmitters that can convert signals from process control instruments into a radio transmission. Originally conceptualized for military use, these networks now have wide ranging applications in civilian, industrial, and consumer markets. These extend from preventing trespassing to monitoring building strength and evaluating water quality to measuring individual heart rate.
Wireless sensors are also used in areas that are difficult to access due to severe environment conditions such as high temperature, pH, pressure, etc. With the help of wireless sensors, operators can constantly supervise processes in extreme environments and report the information back to an operator in a monitoring facility that may be located at a safe distance away. They are also convenient for acquiring data in difficult to access locations. The radio signal is interpreted by a receiver that further converts the wireless signal into a particular, required output, such as an analog current or data analysis via computer software.
Over the past few years, various new technological advancements have been made on account of which there has been a significant improvement in the overall performance of wireless sensors. This has given a rise to the use of these sensors across numerous end-use industries such as food and beverage, automation, and defence. Wireless sensors are also utilised for various purposes like forest fire detection, water management and flood detection. They are also beneficial for monitoring greenhouse gas emission as well as pest and disease detection. Furthermore, wireless sensors generate a significant quantity of data that can yield actionable insights, catalysing continuous process improvement.
Implementation at scale, nevertheless, is not without its roadblocks. The development of cost effective, ubiquitous sensor networks primary depends upon the speed and quality of technological advancement, alternate methods of power supply, and the advancement of technical regulations and standards. Looking forward, the publisher expects the global wireless sensors market to exhibit double-digit growth during the next five years.
The competitive landscape of the market has also been examined with some of the key players being ABB Ltd, STMicroelectronics, Texas Instruments Incorporated, Freescale Semiconductors Inc, Rockwell Automation Inc., Emerson Electric Co, Honeywell International Inc., Schneider Electric SA, Endress+Hauser SA, Yokogawa Electric Corporation, Siemens AG and General Electric.
This report provides a deep insight into the global wireless sensors market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the wireless sensors industry in any manner.
Key Questions Answered in This Report:
How has the global wireless sensors market performed so far and how will it perform in the coming years?
What are the key regional markets in the global wireless sensors market?
What has been the impact of COVID-19 on the global wireless sensors marke?
What are the key product types in the market?
What are the key technologies in the market?
What are the key end-use segments in the market?
What are the various stages in the value chain of the global wireless sensors industry?
What are the key driving factors and challenges in the global wireless sensors industry?
What is the structure of the global wireless sensors industry and who are the key players?
What is the degree of competition in the global wireless sensors industry?
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
4 Introduction 4.1 Overview 4.2 Key Industry Trends
5 Global Wireless Sensors Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Breakup by Product Type 5.5 Market Breakup by Technology 5.6 Market Breakup by End-Use 5.7 Market Breakup by Region 5.8 Market Forecast 5.9 SWOT Analysis 5.10 Value Chain Analysis 5.11 Porters Five Forces Analysis 5.12 Price Analysis 5.12.1 Key Price Indicators 5.12.2 Price Structure
9 Market Breakup by Region 9.1 North America 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 Asia Pacific 9.2.1 Market Trends 9.2.2 Market Forecast 9.3 Europe 9.3.1 Market Trends 9.3.2 Market Forecast 9.4 Middle East and Africa 9.4.1 Market Trends 9.4.2 Market Forecast 9.5 Latin America 9.5.1 Market Trends 9.5.2 Market Forecast
10 Manufacturing Process 10.1 Product Overview 10.2 Raw Material Requirements 10.3 Manufacturing Process 10.4 Key Success and Risk Factors
11 Competitive Landscape 11.1 Market Structure 11.2 Key Players 11.3 Profiles of Key Players 11.3.1 ABB Ltd 11.3.2 STMicroelectronics 11.3.3 Texas Instruments Incorporated 11.3.4 Freescale Semiconductors Inc 11.3.5 Rockwell Automation Inc. 11.3.6 Emerson Electric Co 11.3.7 Honeywell International Inc., 11.3.8 Schneider Electric SA 11.3.9 Endress+Hauser SA 11.3.10 Yokogawa Electric Corporation 11.3.11 Siemens AG 11.3.12 General Electric