Global Wireless Sensors Market to Reach US$ 14.6 Billion by 2025, Fostered by Increasing Sales of Smart Wearable Devices

-

As per the latest report by IMARC Group, titled “Wireless Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global wireless sensors market size reached US$ 5.0 Billion in 2019. Wireless sensors are devices that identify, record and respond to the changes taking place in the immediate physical environment. They have transmitters, which assist in converting signals from a process control instrument to a radio transmission. Wireless sensors were initially conceptualized for military applications. However, they are now also employed in regions that are difficult to access on account of severe weather conditions, such as wind, humidity, pollution and high temperature. As they aid in supervising processes in these regions, they are extensively used in managing water and detecting floods and forest fires.

Request for a free sample copy of this report: https://www.imarcgroup.com/wireless-sensors-market/requestsample

Global Wireless Sensors Market Trends:

At present, the sales of smart wearable devices are on the rise owing to the widespread internet penetration. This represents one of the major factors strengthening the market for wireless sensors, which are widely used in these devices. Apart from this, the burgeoning defense industry is further catalyzing the demand for wireless sensors in military control, command, intelligence, computing, communications, battlefield surveillance, reconnaissance and targeting systems. Furthermore, prominent vendors operating in the industry are focusing on developing hi-tech future-based devices, especially for autonomous vehicles. As a result, they are expanding their budget to invest in research and development (R&D) activities. Looking forward, the market value is projected to reach US$ 14.6 Billion by 2025, expanding at a CAGR of 17% during the forecast period (2020-2025).

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

Market Summary:

  • Based on the product type, the market has been segmented into temperature, pressure, level, flow, humidity, bio-, gas, surveillance and security, motion and positioning, and other sensors. Amongst these, flow sensors exhibit a clear dominance in the market.
  • On the basis of technology, the market has been segregated into Bluetooth, Wi-Fi and WLAN, Zigbee, WirelessHart, RFID, EnOcean, and others.
  • The market has been divided on the basis of the end use into industrial, medical, energy, defense, agriculture, office and residential, and others. At present, the industrial segment accounts for the majority of the total market share.
  • Region-wise, North America enjoys the leading position in the market. Other major regions include Asia Pacific, Europe, Latin America, and Middle East and Africa.
  • The competitive landscape of the market has been examined, with some of the key players being ABB Asea Boveri Brown Ltd., STMicroelectronics International N.V., Texas Instruments Incorporated, Freescale Semiconductors Inc., Rockwell Automation, Inc., Emerson Electric Co., Honeywell International Inc., Schneider Electric SA, Endress+Hauser Group Services AG, Yokogawa Electric Corporation, Siemens AG and General Electric (GE) Company.

Browse Related Report

https://www.imarcgroup.com/robotics-market

https://www.imarcgroup.com/3d-printing-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.

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Location: New York, NY, 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