Tuesday, April 25, 2017

Industrial Wireless Sensor Network (IWSN) Market & Its Growth

The Industrial Wireless Sensor Network (IWSN) is the network of different sensors placed at the remote plant area, also called as the main location, which uses the wireless technology to send signals or measurements to control rooms.

These networks can be monitored, controlled, and troubleshot remotely. IWSN is widely used in mining, food and beverages, medical and healthcare, and power and utility industries. The IWSN system market was valued at $401.23 Million in 2013 and this market is expected to grow at a CAGR of 12.96% in the coming future.

You can download free sample pages of report here: http://bit.ly/2f9yJaT

This report has divided the industry into five segments, namely systems, sensors, technologies, applications, and geographies. Furthermore, the sensors are classified into several sensors which include temperature, pressure, flow, level, chemical and gas, motion and position, and image sensors.

The global industrial wireless sensor network market size is estimated to grow from $401.23 Million in 2013 to $944.92 Million by 2020, at a CAGR of 12.96% from 2014 to 2020. The wireless temperature sensor is expected to grow at a CAGR of 13.42%. This growth is heralded by oil and gas, automotive, and food and beverages industry.

IWSNs are a part of industrial automation and can be used for multiple purposes, such as monitoring events that require periodic data collection or detecting exceptional events. The introduction of wireless sensor networks’ technologies in the industrial environment is a challenging goal with high potential benefits on increasing flexibility and reduced costs; this is basically true for industrial robotics. In the robotics scenario, there are several solutions available and IEEE 802.11a is a standard that overcomes most of the constraints on the part of robotics.

The industrial wireless sensor network market is expected to reach $944.92 Million by 2020. IP and analog are the two major types of IWSN systems currently available. North America holds the largest share in the IWSN market, but the APAC region is expected to have a higher growth rate among the other regions.

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The major companies active in this field such as ABB Ltd. (Switzerland), Emerson Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Yokogawa Electric Corporation (Japan), and General Electric (U.S.), among others.

The report is focused on giving a bird’s eye-view of the complete IWSN industry with regards to the products market with detailed market segmentations, combined with qualitative analysis of each and every aspect of the classifications done by systems, hardware, applications, and geographies. All the numbers, market size, at every level of detail, are estimated till 2020 to give a glimpse of the potential market size.

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