The global industrial wireless sensor network market is expected to grow at a CAGR of around 10% during the forecast period. The rising network infrastructure demand and improvements in Artificial Intelligence (AI), Machine Learning (ML), and big data analytics, are the factors driving the growth of the IWSN market.
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Companies have been able to evaluate massive volumes of data obtained from a variety of sensors, including temperature, motion, pressure, gas, flow, and chemical, among others, thanks to these technologies. The rise of AI in marketing has increased. Artificial Intelligence, Internet of Things (IoT)/Connected Devices, and Marketing Automation Platforms are the three technologies marketers most want to adopt in the next coming years, according to the Marketing Embraces the AI Revolution.
The increased execution of policies and regulations by various government organizations, such as the Mine Safety and Health Administration (MSHA) and the International Labor Organization (ILO), has resulted in large-scale wireless sensor network installation throughout numerous industrial sectors. Furthermore, the widespread deployment of wireless sensor networks in numerous industries has been aided by the strong influence of industrial internet of things (IIoT) and smart manufacturing trends on industrial automation.
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Market Coverage
- Segments covered- By Type and By Application
- Competitive Landscape- Siemens AG, ABB Ltd., Honeywell International Inc., Endress+Hauser Management AG, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Industrial Wireless Sensor Network Market Segmentation
- By Sensor
- Pressure Sensor
- Temperature Sensor
- Level Sensor
- Others (Biosensor, Light Sensor, Chemical Sensor)
- By Technology
- Wi-Fi
- Bluetooth
- Others (Zigbee, NFC)
- By End-Use
- Oil & Gas
- Automotive
- Healthcare
- Manufacturing
- Others (Food & Beverages, Utilities)
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