Global Wireless Sensor Networks Market - By Sensor Type (Temperature, Pressure, Flow, Gas, Motion), Technology (Bluetooth Smart, Wi-Fi and WLAN, Zigbee, Enocean), Application, Geography, Trends, Forecast - (2017 - 2022)

Published - Jan 2017 | Category - ICT and Media | No. of Pages - 141 | Published By - Mordor Intelligence

Report Highlights

The Global Wireless Sensor Networks Market is valued at USD XX.XX billion in 2016 and is expected to reach a value of USD XX.XX billion by the end of 2022, growing at a projected CAGR of 13.02% during the forecast period of 2017 - 2022.This report on the wireless sensor networks market offers market trends, growth, opportunities, size, shares, forecast and segmentation, identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a regional scale. A wireless sensor network (WSN) consists of spatially distributed, physical or environmental conditions monitoring autonomous devices using sensors. It incorporates distributed nodes and gateway that provide wireless connectivity to various devices.

Factors bolstering the market for the global wireless sensor networks market are the technological advancements in miniaturization & wireless capabilities, and the high demand for wireless sensor networks in the healthcare industry. Factors hampering the growth, which need to be taken into consideration, are high acquisition and deployment costs, and complex design of wireless sensor networks, leading to integration & customization issues. Opportunities that can open new avenues for WSN vendors globally are the emergence of smart applications and increased demand for Wireless Sensor Networks (WSN) in the automotive sector.

Wireless sensor market is facing extensive and remarkable change. The growing use of wireless sensors and pressure to increase productivity require the manufacturers of WSNs to provide better performance at competitive costs. Hence, to adapt to change and make better decisions, Wireless Sensor Networks are the best solution for the manufacturers to constantly improve service, products, and operations.

The wireless sensor networks market is segmented by type of sensor (temperature sensor, pressure sensor, flow sensor, gas sensor, motion sensor, and others), technology used (Bluetooth & Bluetooth Smart, Wi-Fi & WLAN, Zigbee, EnoCean, and others), applications (oil and gas, automotive, food and beverages, power and energy, pharmaceuticals, and others), and geography (North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa). The bargaining power of the buyers will gradually improve with the entry of regional companies, leading to increased competition. The cost of acquiring customers is expected to increase, with competition, thereby enabling the buyers to control prices and quality of the products.

Some of the major players discussed in this report are:

ABB Ltd.

Atmel Corporation

Endress + Hauser AG

Emerson Electric Co.

General Electric Company

Industry leaders like General Electric are investing significantly to make their products smarter and transform their businesses to offer new services.

What the Report Offers:

Market definition for wireless sensor networks market, along with identification of key drivers, restraints, and opportunities for the market.

Market analysis for the wireless sensor networks market, with region-specific assessments and competition analysis on a regional scale.

Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.

Identification and analysis of the macro and micro factors that affect the global wireless sensor networks market on a global and regional scale.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

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