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Wireless Sensors Market Analysis, Top Companies, New Technology, Demand and Opportunity

 



(Publishing-NewsWire.com, June 29, 2019 ) According to the latest report by IMARC Group, titled “Global Wireless Sensors Market Research Report & Forecast 2019-2024”, the global wireless sensors market reached a value of US$ 3.7 Billion in 2018. Wireless sensors refer to standard measurement tools that are used to record the physical conditions of an environment and organize the data at a particular location. These sensors are assisted by transmitters to convert signals from process control instruments into radio transmission, which is further converted to a specific and desired output. The signals form a network which allows the monitoring of numerous locations from a single station. They are also designed to be used amidst severe environmental conditions like wind, sound, humidity, temperature and pollution levels and can acquire data from difficult-to-access locations. As a result, they are utilized for water management and the detection of forest fires, floods, pests and diseases.



Request to get the sample report: https://www.imarcgroup.com/wireless-sensors-market/requestsample



Market Trends:



On account of widespread internet penetration across the globe, the sales of smart and wearable devices are bourgeoning which, in turn, is driving the sales of wireless sensors. Moreover, the thriving defense industry is contributing significantly to the market growth as these sensors are widely employed across the military command, control, communications, computing, intelligence, battlefield surveillance, reconnaissance and targeting systems. Apart from this, manufacturers are continually developing hi-tech future-based devices and focusing specifically on autonomous vehicles. This is expected to accelerate the market growth since wireless sensors form an essential component of these devices. On account of these factors, the global wireless sensors market size is expected to reach US$ 11.7 Billion by 2024, exhibiting a CAGR of 21.4% during 2019-2024.



Explore full report with table of contents: https://www.imarcgroup.com/wireless-sensors-market



Market Summary:



Market Breakup by Products Type:



1. Temperature Sensors

2. pressure sensors

3. level sensors

4. flow sensors

5. humidity sensors

6. biosensors

7. gas sensors

8. surveillance and security sensors

9. motion and positioning sensors

10. others



On the basis of the product type, the market has been categorized into temperature sensors, pressure sensors, level sensors, flow sensors, humidity sensors, biosensors, gas sensors, surveillance and security sensors, motion and positioning sensors, and others. Amongst these, the flow sensor currently represents the dominant product type.



Market Breakup by Technology



1. Bluetooth

2. Wi-Fi and WLAN

3. Zigbee

4. WirelessHART

5. RFID

6. EnOcean

7. Others



Based on the technology, the market has been divided into Bluetooth, Wi-Fi and WLAN, Zigbee, WirelessHART, RFID, EnOcean and others.

On the basis of the end use, the market is classified into industrial, medical, energy, defense, agriculture, office and residential, and others. Currently, the industrial segment accounts for the majority of the market share.



Market Breakup by Region:



1. North America

2. Asia Pacific

3. Europe

4. Middle East and Africa

5. Latin America



On the geographical front, the market has been segregated into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. At present, North America holds the leading position in the market.



Market Breakup by Competitive landscape:



1. Market Structure

2. Key Players

3. Profiles of Key Players



The competitive landscape of the market has also been analyzed with some of the major players being ABB Ltd, STMicroelectronics, Texas Instruments Incorporated, Freescale Semiconductors Inc, Rockwell Automation Inc., Emerson Electric Co, Honeywell International Inc., Schneider Electric SA, Endress+Hauser SA, Yokogawa Electric Corporation, Siemens AG and General Electric.



Explore Related Research Report:



Global 3D Printing Market Research report & Forecast: https://www.imarcgroup.com/3d-printing-market



Global Data Center Server Market Research report & Forecast: https://www.imarcgroup.com/data-center-server-market



About Us



IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.



IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

IMARC Services Pvt. Ltd.

Richard Lewis

6317911145

sales@imarcgroup.com

Source: EmailWire.Com

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