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

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According to the latest report by IMARC Group titled, “Wireless Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the market reached a value of US$ 3.7 Billion in 2018. Looking forward, the market is expected to reach a value of US$ 11.7 Billion by 2024, exhibiting a CAGR of around 21.4% during 2019-2024.

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Wireless sensors are standard measurement tools that convert signals from process control instruments into radio transmissions. They are generally used for monitoring and recording severe environmental conditions, including high temperature, pressure and pH levels. Wireless sensors aid in acquiring data from locations with difficult accessibility while assisting operators with constant supervision during extreme conditions. Owing to this, they find wide applications across the defense, electrical, food and beverage, and automation industries.

The thriving aerospace and defense sectors have significantly augmented the demand for wireless sensors for ensuring the safety of vehicle and crew during extreme weather conditions. Moreover, these sensors are extensively utilized in smart grids for remote monitoring of power lines, substations and transformers. Apart from this, the rising environmental concerns owing to the frequent occurrence of natural calamities have further escalated the demand for wireless sensors in cases of forest fire and flood detection and water management.

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

Key Market Segmentation:

Breakup by Product Type:
  • Temperature Sensors
  • Pressure Sensors
  • Level Sensors
  • Flow Sensors
  • Humidity Sensors
  • Biosensors
  • Gas Sensors
  • Surveillance and Security Sensors
  • Motion and Positioning Sensors
  • Others
Breakup by Technology:
  • Bluetooth
  • Wi-Fi and WLAN
  • Zigbee
  • WirelessHART
  • RFID
  • EnOcean
  • Others
Breakup by End-Use:
  • Industrial
  • Medical
  • Energy
  • Defense
  • Agriculture
  • Office and Residential
  • Others
Breakup by Region:
  • Asia Pacific
  • Europe
  • North America
  • Middle East and Africa
  • Latin America
Competitive Landscape
The report has also examined the competitive landscape of global wireless sensor market. Some of the major players in the market are 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., etc.

Browse Related Report
https://www.imarcgroup.com/3d-printing-market

https://www.imarcgroup.com/algorithmic-trading-market

Key highlights of the report:
  • Market Performance
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Competitive Structure
  • Profiles of Key Players
Contact US: IMARC Group
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