Wireless Sensors Market Size, Share, Trends, Analysis, Demand, Growth and Forecast to 2021-2026

Wireless Sensors Market

The market reached a value of US$ 6.6 Billion in 2020. IMARC Group expects the global market to exhibit double-digit growth during the next five years.

SHERIDAN, WYOMING, UNITED STATES, November 18, 2021 /EINPresswire.com / -- As per the latest report by IMARC Group, titled“Wireless Sensors Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the market reached a value of US$ 6.6 Billion in 2020. The global wireless sensors market to exhibit double-digit growth during the next five years. 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.

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.

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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.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key 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
General Electric

Wireless Sensors Market Segmentation:

Our report has categorized the market based on region, product type, technology and end-use.

Market 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

Market Breakup by Technology:

Bluetooth
Wi-Fi and WLAN
Zigbee
RFID
EnOcean
Others

Market Breakup by End-Use:

Industrial
Medical
Energy
Defense
Agriculture
Office and Residential
Others

Market Breakup by Region:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

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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.

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