$11.7 Billion Wireless Sensors Market by 2024 - IMARCGroup.com

-

According to the latest report by IMARC Group, titled “Wireless Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and 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 for a free sample copy of this 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.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/wireless-sensors-market

Market Summary:
  • 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.
  • 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.
  • 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.
  • 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.
For India market research reports, visit: http://www.marketresearchindia.co.in

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.

Contact Us
IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Location: Atlanta, GA, USA

Comments

Post a Comment

Popular posts from this blog

European Frozen Seafood Market is Projected to witness Strong Growth during the Forecast Period

-
Image
According to the latest report by IMARC Group, titled “ European Frozen Seafood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, the  European frozen seafood market  reached a value of US$ 21.4 Billion in 2018, growing at a CAGR of 3.7% during 2011-2018. The European continent is intricately linked with the sea and seafood products form a quintessential part of the regional cuisine. These products serve as a rich source of proteins, micronutrients and essential fatty acids, and are low in fat. They are known to promote heart health, ease the symptoms of arthritis, maintain healthy eyesight, and preserve skin moisture, along with offering innumerable other health benefits. As these products are highly perishable, they require freezing for extending their shelf-life. The freezing process employs advanced techniques like cryofreezing to freeze the products below 200? C. This helps in sealing the flavor and nutrients in the food products for an exte
Read more

Adult Diaper Market is Set for Strong Growth and reaching a value of US$ 20.28 Billion by 2024

-
Image
The latest report by IMARC Group, titled “ Adult Diaper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, estimates that the  global adult diaper market  reached a value of US$ 13.25 Billion in 2018, exhibiting a CAGR of 8.43% during 2011-2018. Adult diaper refers to a type of underwear which is used by people suffering from problems such as incontinence, dementia, mobility injury and severe diarrhea. Apart from this, it is also worn by astronauts, guards on long duties, divers under their diving suits and other long-hour workers. Adult diapers are composed of comfortable and leakage protective materials which absorb the waste and prevent it from leaking and soiling the outer clothes. The development of convenient and easy-to-wear thin diapers with improved fluid absorption and retention abilities has influenced the sales of adult diapers. Request to get the sample report:  https://www.imarcgroup.com/adult-diaper-market/requestsample Glob
Read more

Indian Shrimp Feed Market is Expected to Experience a strong Growth during the Forecast Period

-
Image
The latest report by IMARC Group, titled “ Indian Shrimp Feed Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, finds that the  Indian shrimp feed market size  exceeded 1 Million Tons in 2018. Shrimp feed is formulated with essential nutrients required for the healthy growth of shrimp. Most of the commercial shrimp feeds are manufactured by pelletizers using a wide variety of plant and animal feedstuffs. Some of the common ingredients include fish and squid meal, lecithin, fish oil, cereal flour and other essential and propriety additives. The use of high-quality feed aids in maximizing profits, improving shrimp production and minimizing the environmental pollution generated by shrimp farming. However, the nutrient profile of shrimp feed depends on numerous factors, such as the stability of the feed, culture density, environmental conditions and feeding method. As a result, feed producers are undertaking research and development activities to enhan
Read more