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The global wireless sensors market reached a value of US$ 8.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 24.2 Billion by 2027, exhibiting a CAGR of 19.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Wireless sensors are standard measurement tools that are equipped with transmitters that can convert signals from process control instruments into a radio transmission. Originally conceptualized for military use, these networks now have wide ranging applications in civilian, industrial, and consumer markets. These extend from preventing trespassing to monitoring building strength and evaluating water quality to measuring individual heart rate.
Wireless sensors are also used in areas that are difficult to access due to severe environment conditions such as high temperature, pH, pressure, etc. With the help of wireless sensors, operators can constantly supervise processes in extreme environments and report the information back to an operator in a monitoring facility that may be located at a safe distance away. They are also convenient for acquiring data in difficult to access locations. The radio signal is interpreted by a receiver that further converts the wireless signal into a particular, required output, such as an analog current or data analysis via computer software.
Over the past few years, various new technological advancements have been made on account of which there has been a significant improvement in the overall performance of wireless sensors. This has given a rise to the use of these sensors across numerous end-use industries such as food and beverage, automation, and defence. Wireless sensors are also utilised for various purposes like forest fire detection, water management and flood detection. They are also beneficial for monitoring greenhouse gas emission as well as pest and disease detection. Furthermore, wireless sensors generate a significant quantity of data that can yield actionable insights, catalysing continuous process improvement.
Implementation at scale, nevertheless, is not without its roadblocks. The development of cost effective, ubiquitous sensor networks primary depends upon the speed and quality of technological advancement, alternate methods of power supply, and the advancement of technical regulations and standards.
IMARC Group provides an analysis of the key trends in each sub-segment of the global wireless sensors market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type, technology and end-use.
Breakup by Product Type:
Based on the product type, the market has been segmented into temperature sensors, pressure sensors, level sensors, flow sensors, humidity sensors, biosensors, gas sensors, surveillance and security sensors, motion and positioning sensors, and other segments.
Breakup by Technology:
Based on the technology, the market has been segmented into Bluetooth, Wi-Fi and WLAN, Zigbee, WirelessHART, RFID, EnOcean and others.
Breakup by End-Use:
On the basis of end-use, the industrial segment represents the largest segment. Other major segments include medical, energy, defense, agriculture, office and residential, and others.
Breakup by Region:
Region-wise, the market has been segmented into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America.
The competitive landscape of the market has also been examined with some of the key players being ABB Ltd, STMicroelectronics, Texas Instruments Incorporated, Freescale Semiconductors Inc, Rockwell Automation Inc., Emerson Electric Co, Honeywell International Inc., Schneider Electric SA, Endress+Hauser SA, Yokogawa Electric Corporation, Siemens AG and General Electric.
This report provides a deep insight into the global wireless sensors market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the wireless sensors industry in any manner.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Technology, End-Use, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Companies Covered||ABB Ltd, STMicroelectronics, Texas Instruments Incorporated, Freescale Semiconductors Inc, Rockwell Automation Inc., Emerson Electric Co, Honeywell International Inc., Schneider Electric SA, Endress+Hauser SA, Yokogawa Electric Corporation, Siemens AG and General Electric|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The global wireless sensors market was valued at US$ 8.4 Billion in 2021.
We expect the global wireless sensors market to exhibit a CAGR of 19.4% during 2022-2027.
The rising application of wireless sensors in the defense sector as they aid in military control, battlefield surveillance, targeting systems, etc., is primarily driving the global wireless sensors market.
The sudden outbreak of the COVID-19 pandemic has led to the growing utilization of wireless sensors in smart wearable devices that are primarily adopted by health-conscious individuals to monitor their vitals, including oxygen levels, blood pressure, heart rate, etc., during the surging cases of the coronavirus infection.
Based on the product type, the global wireless sensors market can be segregated into temperature sensors, pressure sensors, level sensors, flow sensors, humidity sensors, biosensors, gas sensors, surveillance and security sensors, motion and positioning sensors, and others. Currently, flow sensors hold the majority of the total market share.
Based on the technology, the global wireless sensors market has been divided into Bluetooth, Wi-Fi and WLAN, ZigBee, WirelessHART, RFID, EnOcean, and others. Among these, RFID currently exhibits a clear dominance in the market.
Based on the end-use, the global wireless sensors market can be bifurcated into industrial, medical, energy, defense, agriculture, office and residential, and others. Currently, the industrial sector accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global wireless sensors market include ABB Ltd, STMicroelectronics, Texas Instruments Incorporated, Freescale Semiconductors Inc, Rockwell Automation Inc., Emerson Electric Co, Honeywell International Inc., Schneider Electric SA, Endress+Hauser SA, Yokogawa Electric Corporation, Siemens AG, and General Electric.
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