Wireless Sensor Network Market: Global Manufacturers & Financial Study Forecast 2017

The new report “Global Wireless Sensor Network Market” accounted to USD 30.0 billion in 2016 growing at a CAGR of 20.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Global Wireless Sensor Network Market By Sensor Type (Temperature Sensor, Pressure Sensor, Flow Sensors, Gas sensors, Motion Sensors, Others) By technology (Bluetooth & Bluetooth Smart, Wi-Fi and WLAN, Zigbee,Enocean, Others), By Application (Oil and Gas, Automotive, Food and Beverages, Power and Energy, Pharmaceuticals, others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

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Wireless sensors networks are a network of spatially distributed sensors which are used to monitor various environmental as well as physical conditions and send it to main location for further processing. The latest trend in this market is the demand of wireless sensor are increasing due to the ease of operation, they are easily connectable with smart and wearable devices. There is need of wireless sensor network for several industries like Oil and Gas, Automotive, Food and Beverages, Power and Energy, Pharmaceuticals, others will create a huge market for the wireless sensor network market. 

Market Segmentation: Global Wireless Sensor Network Market 

On the basis of sensor type the wireless sensor network market is segmented into Temperature Sensor, Pressure Sensor, Flow Sensors, Gas sensors, Motion Sensors, Others. The motion sensor market is expected to grow in the forecasted period.

On the basis of technology the wireless sensor network market is segmented Bluetooth & Bluetooth Smart, Wi-Fi and WLAN, Zigbee, Enocean, Others.The Zigbee market is expected to grow in the forecasted period.

On the basis of application the wireless sensor network market is segmented into Oil and Gas, Automotive, Food and Beverages, Power and Energy, Pharmaceuticals, others. The automotive market is expected to grow in the forecasted period.

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Key Drivers: Global Wireless Sensor Network Market 

  • Demand for Remote Monitoring
  • Growing Market for Smart Devices and Wearable Devices
  • Privacy and Security Concerns
  • Difficulty in Standardization of Wireless Sensor Network
  • Growth in the Adoption of WSN Across SMBS

Key Points: Global Wireless Sensor Network Market 

Some of the major players operating in wireless sensor network market are Atmel Corporation, Ambient Micro, Endress+Hauser Consult AG, Emerson Electric Co., General Electric, Freescale Semiconductor Inc.,Stmicro electronics, Honeywell International Inc., Siemens AG, Yokogawa Electric Corporation, Hitachi, Ltd., Toshiba Corp, Chevron Corporation, Episensor Ltd., Notion, Helium Systems Inc., Beep Inc.,Smart things, Inc., Intel Corporation, Dell Incorporation among others. In 2017, Honeywell International Inc. launched shipment tracking solution for high-value and perishable goods.

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