The global wireless sensors market reached a value of US$ 3.1 Billion in 2017. Wireless sensors are standard measurement tools that are equipped with transmitters that can convert signals from process control instruments into a radio transmission. Originally conceptualized for military use, these networks now have wide-ranging applications in civilian, industrial, and consumer markets. These extend from preventing trespassing to monitoring building strength and evaluating water quality to measuring individual heart rate.

Wireless sensors are also used in areas that are difficult to access due to severe environmental conditions such as high temperature, pH, pressure, etc. With the help of wireless sensors, operators can constantly supervise processes in extreme environments and report the information back to an operator in a monitoring facility that may be located at a safe distance away. They are also convenient for acquiring data in difficult to access locations. The radio signal is interpreted by a receiver that further converts the wireless signal into a particular, required output, such as an analog current or data analysis via computer software.

Over the past few years, various new technological advancements have been made on account of which there has been a significant improvement in the overall performance of wireless sensors. This has given rise to the use of these sensors across numerous end-use industries such as food and beverage, automation, and defense. Wireless sensors are also utilized for various purposes like forest fire detection, water management, and flood detection. They are also beneficial for monitoring greenhouse gas emission as well as pest and disease detection. Furthermore, wireless sensors generate a significant quantity of data that can yield actionable insights, catalyzing continuous process improvement.

Implementation at scale, nevertheless, is not without its roadblocks. The development of cost-effective, ubiquitous sensor networks primary depends upon the speed and quality of technological advancement, alternate methods of a power supply, and the advancement of technical regulations and standards. Looking forward, the global wireless sensors market value is expected to reach US$ 9.8 Billion by 2023, exhibiting a CAGR of 21.2% during 2018-2023.

Market Summary:

Based on the product type
Temperature Sensors
Pressure Sensors
Level Sensors
Flow Sensors
Humidity Sensors
Biosensors
Gas Sensors
Surveillance and Security Sensors
Motion and Positioning Sensors

Based on the technology
Bluetooth
WiFi and Wlan
Zigbee
WirelessHART
RFID
EnOcean
others.

On the basis of end-use, the industrial segment represents the largest segment. Other major segments include medical, energy, defense, agriculture, office and residential, and others.

Region-wise, the market has been segmented into

North America
Asia Pacific
Europe
Middle East and Africa
Latin America

The competitive landscape of the market has also been examined 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.

This report provides a deep insight into the global wireless sensors market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the wireless sensors market in any manner.

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