The global industrial wireless in-process automation market is projected to grow at a significant CAGR during the forecast period. Industrial wireless in-process automation has wide applications including efficient control over the system, monitoring, and easy maintenance. The wireless devices offer wide coverage for communication and transfer of information, data, or power over a wireless network that is not connected by cables or electric conductors. These devices or system has been adopted by industrial vertical to induce advanced technologies and automation with wireless networking to gain reliable, secure, and robust performance. The increasing demand for industrial automation in automotive, oil & gas, power, and textile industries raises the demand for industrial wireless and is expected to drive the global industrial wireless in-process automation market.
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The demand for process automation technology is substantially growing with the growing industrial automation processes with economic, energy-efficient, and rapid digitalization technologies. This will positively impact the market’s growth and drive the global industrial wireless in the process automation market. The rising adoption of wireless technologies with integrated cloud computing systems including data analytics, IoT, M2M, and others is a major driver for the global industrial wireless in-process automation market.
The mobile network participant in an automatic guided vehicle (AGV) or crane applications is the most dominant solution offered by a wireless LAN in industrial automation. The safe and secure human-machine interaction (HMI) is a typical application included by wireless LAN with IPCF (industrial point coordination function) that maximizes the availability of automotive manufacturing and reduces plant downtimes.
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The key vendors in the global industrial wireless in-process automation market adopted enormous strategies to stay competitive and maintain sustenance in the market. Product launches, research & development, technological advancement, and supply chain management are some strategies that are expected to boost the global industrial wireless in process automation market. For instance, the recent development in wireless communication to deliver a key element in industrial automation with digital transformation by Siemens AG is anticipated to create ample growth opportunities for the global industrial wireless in process automation market. Siemens AG has designed and launched a wireless LAN product with specified features of efficient communication to meet the demand for an improved network in the industry. These products have a broad spectrum of applications in process automation in various end-user verticals including automotive, transportation and logistics, among others.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Product Type
o By Application
- Competitive Landscape- Cisco System Inc., Emerson Electric, Honeywell International Inc., Siemens AG, ABB Ltd.
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 in Process Automation Market by Segment
By Product Type
- Wireless Local Area Network (WLAN)
- Wireless Personal Area Network (WPAN)
- Satellite (GNSS)
- Low-Power Wide-Area Network (LPWAN)
- Cellular
By Application
- Oil and Gas Industry
- Water and Wastewater Industry
- Food and Beverage Industry
- Chemical and Biochemical Industry
- Metal Industry
Industrial Wireless in Process Automation Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Cisco System Inc.
- Emerson Electric
- Honeywell International Inc.
- Siemens AG
- ABB Ltd.
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
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