4 March 2019 - Global Wireless
Sensor Market is expected to grow at a significant CAGR in the upcoming
years as the scope and its applications are increasing across the globe. A
standard measurement tool equipped with transmitters to convert signals from
process control instruments into a radio transmission is referred to a wireless
sensor. A receiver interprets the radio signal which then converts the wireless
signal to the preferred output. Wireless sensors are easily available in the
market and can measure a wide range of parameters such as pressure,
temperature, flow, etc.
The
factors that propel the growth of the Wireless Sensor Market include increasing
demand, rapid urbanization & industrialization, and product development
& technological innovations. In addition, factors such as changing standard
of living, cost efficacy, and wide range of applications significantly fuel the
market growth. Furthermore, wireless sensor decreases the operational costs as
they do not need electric wiring which ultimately excludes the need for extra
ducts for installation.
On
the other hand, there are also factors that may obstruct the market growth such
as maturity of end-user, environmental impact, and limited bandwidth of
wireless sensors. Wireless Sensor Market is classified on the basis of product
type, industry, distribution channel and geography. The market is segmented by
product type as acoustic sensors, biosensors, electrical & magnetic
sensors, pressure and flow sensors, gas and chemical sensors, motion and
surveillance sensors, temperature and humidity sensors and others.
Wireless
Sensor Market is classified on industry as banking, defense, energy,
healthcare, manufacturing, retail, transportation, and others. Wireless Sensor
Industry is segmented by distribution channel as online stores, specialty
stores and others. Wireless Sensor Market is classified on the basis of
geography as North America, Latin America, Western Europe, Eastern Europe, Asia
Pacific, Japan and Middle East and Africa.
The
North American region consists of the U.S., and Canada. Latin America region
consists of Mexico and Brazil. The Western European region consists of Germany,
Italy, France, England and Spain. The Eastern European region consists of
Poland and Russia. Asia Pacific region consists of China, India, ASEAN,
Australia & New Zealand. The Middle East and African region consists of
GCC, South Africa and North Africa.
By
geography, North America is projected to account a significant share of the
Wireless Sensor Market. However, Asia Pacific is projected to be the fastest
growing region in the Wireless Sensor Market. Some of the key players that fuel
the growth of the market include ABB, Honeywell Process Solutions, General
Electric, Siemens and Yokogawa Electric.
The
other prominent players operating in the Wireless Sensor Market include Ambient
Micro, Aruba Networks (Hewlett-Packard Enterprise), Microstrain, Atmel,
STMicroelectronics, BAE Systems, Rockwell Collins, Bosch, Cisco Systems,
Drägerwerk, Schneider Electric, Dust Networks, Silicon Laboratories, NXP
Semiconductor (Freescale Semiconductor), OmniVision Technologies, Gastronics,
OMRON, Industrial Scientific Corporation (ISC), Microsemi Corporation, EnoCean,
Mitsubishi Electric, and Thermo Fisher Scientific. The key players are focusing
on inorganic growth to sustain themselves amidst fierce competition. As such,
mergers, acquisitions, and joint ventures are the need of the hour.
Market Segment:
The following manufacturers are covered
in this report:
•
Deltatrak
•
Electrochem
•
Techkor Instrumentation
•
MicroStrain
•
SparkFun
•
Beijing kunlun coast sensing technology co
•
RONDS
•
SHENZHEN RION TECHNOLOGY CO., LTD
•
Teko-TD
Wireless Sensor Breakdown Data by Type
•
Wireless Temperature Sensors
•
Wireless Accelerometers
•
Wireless Pressure Sensors
•
Wireless Dust Sensors
•
Others
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