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Industrial Wireless Sensor Network Market

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Industrial Wireless Sensor Network Market to Reach $1,200
Million, Globally, by 2023
“North America is expected to dominate the global industrial wireless sensor market, in terms of revenue.
Moreover, the U.S. is anticipated to dominate the market in North America during the forecast period,
whereas the UK is anticipated to lead the European region.”
According to Chandani Poddar & Supradip Baul,
Semiconductor and Electronics
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KEY FINDINGS OF THE STUDY
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Oil & gas generated the highest revenue in 2016.
In 2016, the Wi-Fi segment accounted for the highest revenue in the industrial wireless sensor
network.
Asia-Pacific is anticipated to exhibit the highest revenue in 2023.
Major key players profiled cover in Report:
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Emersion Electric co.
Schneider Electric
Endress+Hauser Management AG
ABB, Ltd
Linear Technology Corporation
Market dynamics
Drivers
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Surge in popularity of industrial wireless sensor network
Low cost and easy deployment of industrial wireless sensor network
Restraints
• Data Security and privacy concern
Opportunities
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Increase in industrialization in the emerging market
⦁ Report Overview:
https://www.alliedmarketresearch.com/industrial-wireless-sensor-network-market
Analyst Review:
The industrial wireless sensor network (IWSN) is the network of distributed sensing platform with wireless
communication. IWSN is positioned in remote areas that uses wireless technology to measure or transmit
signals to a control room. Furthermore, the system can be controlled, troubleshot, and monitored
remotely. IWSN is majorly used for process & control monitoring and data processing. Moreover,
advantages offered by IWSN such as easy deployment, flexibility, self-organization, and intelligent
processing capability are fueling the market growth.
By industrial vertical, oil & gas segment is dominant segment in 2016. Based on sensor type, level sensor
is expected to register the highest CAGR of 14.6% during the forecast period, followed by biosensor and
temperature sensor with CAGR 13.8% and 11.9%, respectively.
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