Discrete Industry Wireless Automation Market
Discrete Industry Wireless Automation Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Discrete Industry Wireless Automation Market Size and Growth
The Discrete Industry Wireless Automation market is experiencing significant growth, driven by increasing demand for automation and connectivity. As of 2023, the market size is estimated at over $12 billion, reflecting a robust expansion in sectors such as manufacturing, automotive, and electronics. Emerging technologies are further enhancing market dynamics and opportunities.
Companies Covered
(Covid 19 Impact Covered)
◍ Siemens
◍ Honeywell
◍ Schneider Electric
◍ ABB
◍ CoreTigo
◍ Emerson Electric
◍ MOXA
◍ Yokogawa
◍ OleumTech
◍ GE Vernova
The Discrete Industry Wireless Automation Market features key players like Siemens, Honeywell, and ABB, focusing on advanced IoT solutions, enhancing operational efficiency, and reducing costs. CoreTigo and Emerson Electric drive innovation, while Yokogawa and GE Vernova provide integrated systems. Collective advancements boost market growth through improved productivity and smart technologies.
- Siemens: €62 billion (2022)
- Honeywell: $34.4 billion (2022)
- Schneider Electric: €32.0 billion (2022)
- ABB: $28.6 billion (2022)
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Market Segmentation
By Application
◍ Automobiles
◍ Electronics Industry
◍ Food Industry
◍ Others
By Product
◍ Wi-Fi
◍ Bluetooth and Bluetooth Low Energy (BLE)
◍ Zigbee and Other Mesh Networks
◍ Cellular (LTE ◍ 5G) ◍ Other
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$ 1476.00 Million
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