Global Wireless Sensors Technologies and Markets Report 2023: A $32.4 Billion Market by 2028 Featuring Key Vendors - ABB, Emerson Electric, Jacobs Engineering, Robert Bosch and Texas Instruments
DUBLIN, Sept. 26, 2023 /PRNewswire/ -- The "Wireless Sensors: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.
Wireless Sensors Technologies and Global Markets are projected to reach a value of $32.4 billion by 2028 from $12.3 billion in 2023, growing at a CAGR of 21.4%
The global wireless sensors market is the focus of this comprehensive report, which also delves into the analysis of prevailing global market trends. The data within the report is based on 2022 as the reference year, with estimations extending from 2023 to 2028 and projections of the Compound Annual Growth Rate (CAGR) throughout the forecast period.
Wireless sensors represent devices capable of gathering and transmitting data from their surroundings wirelessly to monitoring or control systems. These devices are engineered to eliminate the necessity for physical wiring, providing flexibility and enabling remote monitoring across various applications.
This report encompasses the wireless sensors market across diverse end-use applications, encompassing home automation and other indoor applications, energy infrastructure, healthcare, industrial automation, logistics and transport, ecology and agriculture, and defense and surveillance.
The report also addresses various wireless technologies and standards, including Zigbee, radio frequency for consumer electronics (RF4CE), Bluetooth, Bluetooth Smart, Wi-Fi, IPv6 over low-power wireless personal area networks (6LoWPAN), radio-frequency identification (RFID), and other 802.15.4-based technologies. Measurable parameters explored encompass biological characteristics, motion and position, temperature, flow, level, surveillance and image, chemical, pressure, and humidity.
Home automation and indoor applications are expected to significantly contribute to the wireless sensor market, although competition among various wireless technologies may temper their individual influence. Notably, stakeholders in home automation have taken swift strides to introduce their offerings, leading to their dominance in the market.
However, as other sectors, especially in the industrial domain, increasingly adopt wireless sensors, the dominance of home automation will likely wane. The automotive engineering and design domains, driven by intelligent transportation, emphasize electronic technologies over mechanical ones, further fueling wireless sensor market growth.
Wireless sensors are pivotal in gathering essential data related to crop growth, optimal watering practices, and fertilizer requirements. As the agriculture industry grapples with meeting the food demand of a growing global population, the escalating utilization of wireless sensors in agriculture is poised to propel wireless sensor market growth. Furthermore, the widespread adoption of IoT-based wireless sensors across diverse end-user applications is anticipated to be a pivotal driver for the wireless sensors market's expansion.
Key players in the market include NXP Semiconductor Inc., Emerson Electric Co., Texas Instruments Inc., ABB Ltd., Siemens AG, Schneider Electric SE, Rockwell Automation Inc., Honeywell International Inc., and STMicroelectronics N.V., among others.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
Chapter 4 Market Dynamics
Chapter 5 Market Breakdown by Measurable Parameter
Chapter 6 Market Breakdown by Wireless Standard/Technology
Chapter 7 Market Breakdown by End-Use Application
Chapter 8 Market Breakdown by Region
Chapter 9 Environmental, Social, and Governance (Esg) Perspective
Chapter 10 Emerging Technologies and Developments
Chapter 11 Patent Analysis
Chapter 12 Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/r/tnqvpa
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