Global Wireless Sensors Technology and Market Report 2021-2026: Intense Competition Among Wireless Technologies Including Zigbee, EnOcean, Z-wave, Wi-Fi6LoWPAN (Thread), and Bluetooth Smart
DUBLIN, June 2, 2021 /PRNewswire/ -- The "Wireless Sensors: Technologies and Global Markets 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global market for wireless sensor technologies should grow from $4.3 billion in 2021 to $6.7 billion by 2026, at a compound annual growth rate (CAGR) of 9.4% during the forecast of 2021-2026.
This report presents the forecast for wireless sensor devices for 2021 through 2026 based on estimated volume and manufacturers' total revenues. These forecasts are further broken down by the various parameters that can be measured by the sensors, end applications and region.
Home automation and other indoor End-Use Applications should continue as the largest contributor to the wireless sensor market in the Americas region. However, intense competition among wireless technologies, including Zigbee, EnOcean, Z-wave, Wi-Fi6LoWPAN (Thread), and Bluetooth Smart, will mitigate its influence.
Companies associated with each of these applications continue to put considerable investment and effort in ensuring the privacy of their technology. Consequently, the market has experienced a chaotic rollout of wireless sensor-enabled products. Home automation and similar application stakeholders have been among the quickest to launch products.
The dominance of the end-application vertical reflects this factor. Its influence should recede as other end applications, notably in the industrial domain, aggressively adopt wireless sensors. Intelligent transportation-driven automotive engineering and design domains are dominated more by electronic technologies than by mechanical technologies. Accordingly, this trend is pushing growth in the wireless sensors market.
During the forecast period of this report, the market for wireless sensors for ecology and agriculture applications in the Americas is expected to achieve the highest growth rate. Wireless sensors can collect information about crop growth, proper watering patterns and fertilizer requirements.
The agriculture industry is faced with the challenge of growing enough food for the world's growing population. The increasing useof wireless sensors for agriculture is expected to boost the growth of the wireless sensors market in the Americas.
Also, the increasing adoption of IoT-based wireless sensors across end-user applications is expected to drive the growth of the wireless sensors market. End-user applications include home automation, energy infrastructure, healthcare, industrial automation, logistics and transport, ecology and agriculture, and defense and surveillance.
The prominent players in the market include ABB, Digi International, Emerson Electric Co., Endress+Hauser, Honeywell International Inc., HP (Aruba Networks), Johnson Controls International plc, NXP Semiconductors, Qualcomm Inc. (CSR), Renesas, Robert Bosch AG (Bosch Security Systems), Siemens AG, STMicroelectronics, Texas Instruments, and United Technologies Corp.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
Chapter 4 Market Breakdown by Measurable Parameters
Chapter 5 Market Breakdown by Wireless Standard/Technology
Chapter 6 Market Breakdown by End-Use Application
Chapter 7 Market Breakdown by Region
Chapter 8 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/tagano
Research and Markets
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SOURCE Research and Markets