Industrial Wireless Sensor Networks Market is projected to reach USD 8.62 billion by 2030 : Cognitive Market Research

Market Overview:
- A industrial wireless sensor networks refer to networks of spatially dispersed and dedicated sensors that monitor and record the physical conditions of the industries and forward the collected data to a central location. The industrial wireless sensor networks are gaining traction in the numerous industries home appliances, agriculture, transportation, manufacturing, and others. It necessitates dependability, robustness, and timeliness in information flow between devices, which necessitates increasingly advanced protocols, on which many academics and developers are working.

Summary:
- The industrial wireless sensor networks market is expected to grow from USD 4.97 billion in 2022 to USD 8.62 billion by 2030, at a CAGR of 7.13%. Rising usage of the wireless communications and integration of technologies such as AI, ML, bid data drives the growth of the market. The market is dominated by the North America region.

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Market Dynamics:
- The technological advancement has raised the usage of the wireless communication, power efficiency, extreme miniaturization and embedded computing technologies. These technologies raise the demand for viable wireless sensor networks for demanding industrial environments. However, as compared to typical WSNs, the industrial environment is harsher, louder, and more complicated, posing a higher need for network security, particularly in terms of data trustworthiness. This resulting in the deterring WSN integration in industrial applications. Nevertheless, the integration of technologies such as Artificial Intelligence (AI), Machine Learning (ML), big data analytics, blockchain, and other technologies are expected to provide enormous opportunities for the growth of the market.

Market Segmentation:
- Component
• Hardware
• Software
• Services
Based on the component, the software segment dominates the growth of the industrial wireless sensor networks market. This is due to the growing demand for increasing demand for service-oriented software architecture and self-organizing networks.

- Type
• Temperature Sensor Networks
• Pressure Sensor Networks
• Level Sensor Networks
• Flow Sensor Networks
• Humidity Sensor Networks
• Motion & Position Sensor Networks
• Gas Sensor Networks
• Light Sensor Networks
• Chemical Sensor Networks
• Others
Based on the type, the flow sensor segment dominates the growth of the industrial wireless sensor networks market due to its wide usage across several industries such as oil and gas, chemical, and food and beverage industries.

- Technology
• Bluetooth
• ZigBee
• Wi-Fi
• Near Field Communication (NFC)
• Cellular Network
• WirelessHART
• ISA 100.11a
Based on the technology, the WirelessHART segment dominates the growth of the industrial wireless sensor networks market as it provides user friendly environment with the help of the existing devices, tools, and systems.

- Application
• Machine Monitoring
• Process Monitoring
• Asset Tracking
• Safety & Surveillance
Based on the application, the process monitoring segment dominates the growth of the industrial wireless sensor networks market as it provides several benefits such as elimination of wiring constraints, easy maintenance, and reduced costs in comparison to the wired solutions.

- End-Use
• Automotive
• Oil & Gas
• Utilities
• Mining
• Food & Beverage
• Manufacturing
• Others
Based on the end users, the manufacturing segment dominates the growth of the industrial wireless sensor networks market. This is attributes to the growing usage of the sensors, availability of predictive maintenance, quality control, and automated process management solutions.

The Major Players in Industrial Wireless Sensor Networks Market are:
Endress+Hauser AG, Lantronix Inc, Honeywell Process Solutions, Emerson Process Management, Digi International Inc, Freescale Semiconductor, ABB Ltd, Linear Technology Corporation, Siemens AG, Schneider Electric SA, Millennial Net Inc, Texas Instruments, STMicroelectronics, Yokogawa Electric Corporation.

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Regional Analysis:
- Geographically, the global industrial wireless sensor networks market is divided into regions like North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. North America dominates the industrial wireless sensor networks market owing to the rising industrial applications. Similarly, the region is the early adopter of the technologies that can help them to generate GDP,. Similarly, the availability of key players and research and development by these players further raises the need for industrial wireless sensor networks across the region.

News:
- In June 2022, Renesas Electronics developed relative humidity and temperature sensors, as well as related solutions. The new relative humidity and temperature sensors offer excellent precision, quick measurement reaction time, and ultra-low power consumption in a tiny package size, making them suitable for use in portable devices or goods built for severe conditions. Renesas also launched the ZSSC3281 sensor signal conditioning (SSC) integrated circuit, which is designed for extremely accurate amplification, digitization, and sensor-specific signal rectification.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Industrial Wireless Sensor Networks Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Industrial Wireless Sensor Networks Market Overview
• 4.1 Introduction
• 4.2 Global Industrial Wireless Sensor Networks Market Statistics by Regions (2018-2030)
4.2.1 North America Industrial Wireless Sensor Networks Status and Prospect (2018-2030)
4.2.2 Europe Industrial Wireless Sensor Networks Status and Prospect (2018-2030)
4.2.3 Asia Pacific Industrial Wireless Sensor Networks Status and Prospect (2018-2030)
4.2.4 Latin America Industrial Wireless Sensor Networks Status and Prospect (2018-2030)
4.2.5 Middle East and Africa Industrial Wireless Sensor Networks Status and Prospect (2018-2030)
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Industrial Wireless Sensor Networks Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Industrial Wireless Sensor Networks Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Industrial Wireless Sensor Networks Market by Technology Segmentation Analysis (2018-2030)
Chapter 11 Global Industrial Wireless Sensor Networks Market by Component Segmentation Analysis (2018-2030)
Chapter 12 Global Industrial Wireless Sensor Networks Market by End-Use Segmentation Analysis (2018-2030)
Chapter 13 Global Industrial Wireless Sensor Networks Market Regional Analysis
Chapter 14 North America Industrial Wireless Sensor Networks Market Outlook (2018 - 2030)
Chapter 15 Europe Industrial Wireless Sensor Networks Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Industrial Wireless Sensor Networks Market Outlook (2018 - 2030)
Chapter 17 Latin America Industrial Wireless Sensor Networks Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Industrial Wireless Sensor Networks Market Outlook (2018 - 2030)
Chapter 19 Research Findings

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