Wireless Sensors Market Report, Industry Share, Size, Growth, Demand By Region and Forecast By 2024

Global Wireless Sensors Market Research Report and Outlook By 2024

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Report Description

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Report Description and Highlights

Report Description

Wireless Sensors Market Report By Product Type (Temperature Sensors, Pressure Sensors, Level Sensors, Flow Sensors, Humidity Sensors, Biosensors, Gas Sensors, Surveillance & Security Sensors, Motion & Positioning Sensors and Others), Technology (Bluetooth, Wi-Fi & WLAN, Zigbee, WirelessHART, RFID, EnOcean and Others ), End-Use, Region Over the past few years, the global wireless sensors market has witnessed robust growth. This can be accredited to the thriving defense industry and the development of hi-tech future-based devices and autonomous vehicles.

Market Overview: According to the latest report by IMARC Group, titled “Wireless Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global wireless sensors market reached a value of US$ 3.7 Billion in 2018. Wireless sensors refer to standard measurement tools that are used to record the physical conditions of an environment and organize the data at a particular location. These sensors are assisted by transmitters to convert signals from process control instruments into radio transmission, which is further converted to a specific and desired output. The signals form a network which allows the monitoring of numerous locations from a single station. They are also designed to be used amidst severe environmental conditions like wind, sound, humidity, temperature and pollution levels and can acquire data from difficult-to-access locations. As a result, they are utilized for water management and the detection of forest fires, floods, pests and diseases.

Report Description and Highlights

Report Description Market Trends:

On account of widespread internet penetration across the globe, the sales of smart and wearable devices are bourgeoning which, in turn, is driving the sales of wireless sensors. Moreover, the thriving defense industry is contributing significantly to the market growth as these sensors are widely employed across the military command, control, communications, computing, intelligence, battlefield surveillance, reconnaissance and targeting systems. Apart from this, manufacturers are continually developing hi-tech future-based devices and focusing specifically on autonomous vehicles. This is expected to accelerate the market growth since wireless sensors form an essential component of these devices. On account of these factors, the global wireless sensors market size is expected to reach US$ 11.7 Billion by 2024, exhibiting a CAGR of 21.4% during 2019-2024.

Wireless Sensors Market Segmentation: Market Segmentation by Product Type o Temperature Sensors o Pressure Sensors o Level Sensors Request for a sample report: https://www.imarcgroup.com/wireless-sensors-market/requestsample

Market Forecast

Sample Figure: Global: Wireless Sensors Market Forecast: Sales Value (in Billion US$), 2019-2024

184.3

191.7

199.3

207.3

2019

2020

2021

2022

215.6

224.2

2023

2024

Market Segmentation

Report Description o o o o o o o

Flow Sensors Humidity Sensors Biosensors Gas Sensors Surveillance and Security Sensors Motion and Positioning Sensors Others

On the basis of the product type, the market has been categorized into temperature sensors, pressure sensors, level sensors, flow sensors, humidity sensors, biosensors, gas sensors, surveillance and security sensors, motion and positioning sensors, and others. Amongst these, the flow sensor currently represents the dominant product type.

Market Segmentation by Technology • • • •

Bluetooth Wi-Fi and WLAN Zigbee WirelessHART

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Market Segmentation

Report Description • • •

RFID EnOcean Others

Based on the technology, the market has been divided into Bluetooth, Wi-Fi and WLAN, Zigbee, WirelessHART, RFID, EnOcean and others.

Market Segmentation by Region • • • • •

North America Europe Asia Pacific Latin America Middle East and Africa

On the geographical front, the market has been segregated into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. At present, North America holds the leading position in the market.

Market Segmentation by End-Use

Regional Segmentation

North America

Europ e

Asia- Pacific

Latin America

Middle East and Africa

Market Segmentation

Report Description • • • • • • •

Industrial Medical Energy Defense Agriculture Office and Residential Others

On the basis of the end use, the market is classified into industrial, medical, energy, defense, agriculture, office and residential, and others. Currently, the industrial segment accounts for the majority of the market share.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

• • • •

ABB Ltd STMicroelectronics Texas Instruments Incorporated Freescale Semiconductors Inc

Market Segmentation

Report Description • • • • • • • •

Rockwell Automation Inc. Emerson Electric Co Honeywell International Inc., Schneider Electric SA Endress+Hauser SA Yokogawa Electric Corporation Siemens AG General Electric

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institutions

Report Description and Highlights

Report Description

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