Tuesday, 02 January 2024 12:17 GMT

Industrial Wireless Sensor Network (IWSN) Market Report 2025-2033: A Forecasted $29.5 Billion Industry


(MENAFN- GlobeNewsWire - Nasdaq) Driven by industrial automation, IoT, AI, and demand from smart cities and oil & gas, the IWSN enhances efficiency and productivity across sectors globally.

Dublin, June 10, 2025 (GLOBE NEWSWIRE) -- The "Industrial Wireless Sensor Network Market Report by Component, Sensor Type, Application, End Use, and Region 2025-2033" report has been added to ResearchAndMarkets.com's offering.
The global industrial wireless sensor network market size reached USD 8 billion in 2024. Looking forward, the analyst expects the market to reach USD 29.5 billion by 2033, exhibiting a growth rate (CAGR) of 14.82% during 2025-2033. The growing industrial automation and digitalization, IoT integration, real-time data monitoring, ongoing technological advancements, and the rising adoption of smart cities are primarily driving the market's growth.

At present, the growing demand for IWSN to improve communication between industrial devices and ensure seamless communication using wireless systems represents one of the key factors driving the market. Besides this, there is a rise in the utilization of artificial intelligence (AI), machine learning (ML), and big data analytics to analyze the large database of temperature, motion, pressure, gas, flow, and chemicals. This, along with the increasing development of network infrastructure, is contributing to the growth of the market. Moreover, the escalating demand for IWSN in the oil and gas industry to remotely monitor pipelines, natural gas leaks, and corrosion is offering lucrative growth opportunities to industry investors.
In addition, there is an increase in the demand for WirelessHART and ISA-100.11a technologies in various industries across the globe. This, coupled with the growing demand for the internet of things (IoT) connected devices around the world, such as smart mobiles, refrigerators, fire alarms, door locks, bicycles, and fitness trackers, is positively influencing the market. Apart from this, the increasing application of IWSN in robotics for sensing, recognition, and interpretation of numerous programs is propelling the growth of the market.
Research Scope
This report provides an analysis of the key trends in each segment of the global industrial wireless sensor network market report, along with forecasts at the global, regional, and country levels from 2025-2033. The report has categorized the market based on component, sensor type, application, and end use.

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd, Analog Devices Inc., Banner Engineering Corp., Emersion Electric Co., Endress+Hauser Management AG, Honeywell International Inc., NXP Semiconductors N.V, Schneider Electric, Siemens AG, ST Microelectronics, Texas Instruments Inc. and Yokogawa Electric Corporation.
Key Questions Answered in This Report:

  • What was the size of the global industrial wireless sensor network market in 2024?
  • What is the expected growth rate of the global industrial wireless sensor network market during 2025-2033?
  • What are the key factors driving the global industrial wireless sensor network market?
  • What has been the impact of COVID-19 on the global industrial wireless sensor network market?
  • What is the breakup of the global industrial wireless sensor network market based on the component?
  • What is the breakup of the global industrial wireless sensor network market based on the sensor type?
  • What is the breakup of the global industrial wireless sensor network market based on application?
  • What are the key regions in the global industrial wireless sensor network market?
  • Who are the key players/companies in the global industrial wireless sensor network market?

Key Attributes

Report Attribute Details
No. of Pages 150
Forecast Period 2024-2033
Estimated Market Value (USD) in 2024 $8 Billion
Forecasted Market Value (USD) by 2033 $29.5 Billion
Compound Annual Growth Rate 15.6%
Regions Covered Global

Key Topics Covered
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Industrial Wireless Sensor Network Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Hardware
6.2 Software
6.3 Service

7 Market Breakup by Sensor Type
7.1 Pressure Sensor
7.2 Temperature Sensor
7.3 Level Sensor
7.4 Flow Sensor
7.5 Biosensor
7.6 Others

8 Market Breakup by Application
8.1 Machine Monitoring
8.2 Process Monitoring
8.3 Asset Tracking
8.4 Safety and Surveillance

9 Market Breakup by End Use
9.1 Automotive
9.2 Food and Beverages
9.3 Manufacturing
9.4 Mining
9.5 Oil and Gas
9.6 Utilities
9.7 Others

10 Market Breakup by Region
10.1 North America
10.2 Asia-Pacific
10.3 Europe
10.4 Latin America
10.5 Middle East and Africa

11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players

  • ABB Ltd.
  • Analog Devices Inc.
  • Banner Engineering Corp.
  • Emersion Electric Co.
  • Endress+Hauser Management AG
  • Honeywell International Inc.
  • NXP Semiconductors N.V
  • Schneider Electric
  • Siemens AG
  • ST Microelectronics
  • Texas Instruments Inc.
  • Yokogawa Electric Corporation

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