Albany, NY -- (SBWire) -- 07/15/2019 --The Industrial Wireless Sensor Networks (IWSN) market report [6 Year Forecast 2019-2025] focuses on Major Leading Industry Players, providing info like Industrial Wireless Sensor Networks (IWSN) competitive situation, product scope, market overview, market opportunities, market driving force and market risks. Profile the top manufacturers of Industrial Wireless Sensor Networks (IWSN), with sales, revenue and global market share of Industrial Wireless Sensor Networks (IWSN) are analyzed emphatically by landscape contrast and speak to info. Upstream raw materials and instrumentation and downstream demand analysis is additionally administrated. The Industrial Wireless Sensor Networks (IWSN) market business development trends and selling channels square measure analyzed. From a global perspective, It also represents overall Industrial Wireless Sensor Networks (IWSN) industry size by analyzing sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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The study encompasses profiles of major companies operating in the global Industrial Wireless Sensor Networks (IWSN) market. Key players profiled in the report on the global Industrial Wireless Sensor Networks (IWSN) market include Endress+Hauser AG, Lantronix Inc, Honeywell Process Solutions, Emerson Process Management, Digi International Inc, Freescale Semiconductor, ABB Ltd, Linear Technology Corporation, Siemens AG, Schneider Electric SA, Millennial Net Inc, Texas Instruments, STMicroelectronics, Yokogawa Electric Corporation. Market leaders engage in strategic pricing and product improvement to increase their profit margins.
Scope of Industrial Wireless Sensor Networks (IWSN) Market
IWSN is an advanced method of communication between two or more remotely-located devices without interruption. The systems comprise nodes that act as access points to form a better communication system. In IWSN, sensor nodes are connected through various wireless technologies such as ZigBee, Wi-Fi, Bluetooth, and WirelessHART. Increasing adoption of wireless communication, need for strong connectivity across remote locations, and demand for network infrastructure are expected to fuel market growth.
Recent advancements in the fields of Internet of Things (IoT) and Artificial Intelligence (AI) have further increased demand for wireless networks and strong connectivity. Accelerated adoption of these technologies by the oil and gas, manufacturing, utilities, and automotive verticals is expected to boost the growth of the industrial wireless sensor network market. In addition, key players in the market are investing heavily in R&D to explore the scope of the technology for innovations, integration, and new product developments.
Industries with capital vigour are preferring deployment of wireless sensors for increasing their operational efficiency, which in turn complements their productivity. Operational efficiency has prevailed as key strategy of companies for sustaining competition in the competitive industrial environment, which in turn has led them to adopt automation technologies. Industrial automation facilitates efficient monitoring, control, and management of work force and processes, along with optimum functioning.
With growing use of robotics and industrial automation, demand for sensors such as motion sensors, force sensors, range sensors, and proximity sensors is on the rise. Wireless sensors have now become indispensable components of robotics for enabling sensing, recognition, and interpretation. Growth in network infrastructure and proliferation of IoT-connected devices have further augmented demand for wireless sensor network in industries.
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The Industrial Wireless Sensor Networks (IWSN) market was valued at 580 Million US$ in 2017 and is projected to reach 1360 Million US$ by 2025, at a CAGR of 11.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Industrial Wireless Sensor Networks (IWSN).
The end users/applications and product categories analysis:
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of Industrial Wireless Sensor Networks (IWSN) for each type, primarily split into-
- Chemical & Gas Sensors
- Humidity Sensors
- Motion & Position Sensors
- Temperature Sensor
- Pressure Sensors
- Level Sensors
- Flow Sensors
- Image & Surveillance Sensors
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Industrial Wireless Sensor Networks (IWSN) for each application, including-
- Food and Beverages
- Automotive
- Energy
- Power
- Healthcare
- Medical
- Mining
- Oil & Gas
- Chemical
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Key Takeaways and Reason To Buy this Report
- Extensive analysis of market trends During 2019-2025 to identify growth opportunities and market developments
- Comparative analysis of various applications, wherein Industrial Wireless Sensor Networks (IWSN) are utilized
- Key factors that create opportunities in the Industrial Wireless Sensor Networks (IWSN) market at global, regional, and country levels
- Comprehensive analysis with respect to investments and regulatory scenario that are likely to impact the outlook and forecast of the global Industrial Wireless Sensor Networks (IWSN) market between 2019-2025
- Detailed competition landscape of key players operating in the market to help understand the competition level
- Demand-supply scenario of the Industrial Wireless Sensor Networks (IWSN) market
- Detailed pricing analysis based on regional and product segments
- Porter's Five Forces Analysis to highlight the power of buyers and suppliers
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Industrial Wireless Sensor Networks (IWSN) Market 2019, Analysis of Key Players : Lantronix Inc, ABB Ltd, Siemens AG, Millennial Net Inc
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