Product Code: IAS019E
Highlights:
The global wireless sensors market should reach $32.4 billion by 2028 from $12.3 billion in 2023 at a compound annual growth rate (CAGR) of 21.4% for the forecast period of 2023 to 2028.
Biological characteristics segment of the global wireless sensors market is expected to grow from $2.9 billion in 2023 to $8.1 billion in 2028 at a CAGR of 22.8% for the forecast period of 2023 to 2028.
Surveillance and image segment of the global wireless sensors market is expected to grow from $1.3 billion in 2023 to $4.1 billion in 2028 at a CAGR of 25.3% for the forecast period of 2023 to 2028.
Report Scope:
The scope of the report includes an overview of the global wireless sensors market as well as the analysis of global market trends. The data included in the report considers 2022 as the base year, and estimates for 2023 through 2028, with projections of CAGR in the forecast period. Revenue forecasts for this period are segmented based on measurable parameters, wireless standard/technology, end-use application and geography.
The report also offers an in-depth analysis of the competitive landscape within the wireless sensors market, focusing on key dynamics that drive success. It examines critical factors such as research and development capabilities, market presence, brand strength, and the influence of ecosystems and partnerships. The report includes profiles of wireless sensor manufacturers, providing valuable insights into their strategies and offerings. Additionally, the report assesses the impact of the COVID-19 pandemic on the market, considering the challenges and opportunities that have emerged as a result.
Report Includes:
- 57 data tables and 14 additional tables
- An updated overview of global markets for the wireless sensor applications
- Analyses of market trends, with data from 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- Estimation of the market size for wireless sensor technologies, both in value and volumetric terms, and corresponding market share analysis by type of wireless sensor standard/technology, measurable parameter, application, and geographic region
- Description of the technology and innovations behind wireless sensor development and production; and analysis of opportunities, deterrents, and trends affecting the growth of this market
- Details of numerous wireless sensors technologies such as RFID, ZigBee, RF4CE and EnOcean and comparison between Bluetooth and Bluetooth smart sensors
- Coverage of events like mergers and acquisitions, joint ventures, collaborations or partnerships, and other key strategies adopted by leading players in the wireless sensors market
- Market share analysis of various manufacturers/suppliers of various wireless sensors, and their product overviews and competitive landscape
- Company profiles of major industry players of the industry, including ABB Ltd., Emerson Electric Co., Jacobs Engineering Inc., Robert Bosch GmbH and Texas Instruments Inc.
Table of Contents
Chapter 1 Introduction
- Overview
- Reasons for Doing This Study
- Study Goals and Objectives
- What's New in This Update?
- Scope of Report
- Methodology
- Information Sources
- Geographic Breakdown
Chapter 2 Summary and Highlights
- Market Outlook
- Market Summary
Chapter 3 Market Overview
- Overview
- Fundamentals of Sensors
- Wireless Sensors
- IoT and WSN
- Mesh Networks
- Sensor Life Cycle Assessment
- Technology Life Cycle
- Regulatory Standards
- Regulation of Wireless Sensor Networks
- Regulation of IoT Sensor Networks
- Value Chain Analysis
- Porter's Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Consumers
- Threat of New Entrants
- Competitive Rivalry
- Threat of Substitutes
- Assessment of the Impact of COVID-19 on the Market
- Assessment of the Impact of Russia-Ukraine War on the Market
Chapter 4 Market Dynamics
- Overview
- Market Drivers
- Emergence of Smart Factory Concepts and Rapid Adoption of Industrial Automation
- Shifting Manufacturing Locations
- Increasing Adoption of Wireless Technologies
- The Growth of Smart Cities
- Market Opportunities
- Synergies/Collaborations between Various Wireless Standards and Their Increasing Usage in Industrial Applications
- Increased Adoption of Wireless Sensors Across Various Applications for Remote Monitoring
- The Growth of Industrial IoT (IIoT)
- Rising Potential for Wireless Sensors in Environmental Monitoring (Ecology) and Agriculture
- Market Restraints
- Security and Privacy Issues of WSNs
Chapter 5 Market Breakdown by Measurable Parameter
- Overview
- Wireless Biological Characteristic Sensors
- Wireless Motion and Position Sensors
- Wireless Temperature Sensors
- Wireless Flow Sensors
- Wireless Surveillance and Image Sensors
- Wireless Level Sensors
- Wireless Pressure Sensors
- Wireless Humidity Sensors
- Wireless Chemical Composition Sensors
Chapter 6 Market Breakdown by Wireless Standard/Technology
- Overview
- 802.15.4 Standard/Technology
- ZigBee and RF4CE
- Bluetooth
- Wi-Fi and IPv6 over Low-power Wireless Personal Area Networks (6LoWPAN)
- RFID
- Others
Chapter 7 Market Breakdown by End-Use Application
- Overview
- Home Automation
- Energy Infrastructure
- Healthcare
- Industrial Automation
- Ecology and Agriculture
- Defense and Surveillance
- Logistics and Transport
- Others
Chapter 8 Market Breakdown by Region
- Overview
- North America
- Europe
- Asia-Pacific
- Rest of the World
Chapter 9 Environmental, Social, and Governance (ESG) Perspective
- Overview
- ESG Performance in Wireless Sensors Market
- Environmental Impact
- Social Impact
- Governance Impact
- Current Status of ESG in the Wireless Sensors Market
- Key ESG Issues in the Wireless Sensors Market
- Consumer Attitudes Towards ESG in Wireless Sensors Market
- Case Study
- Concluding Remarks from BCC
Chapter 10 Emerging Technologies and Developments
- Market Trend Analysis
- Factors Influencing Wireless Sensor Price Trends
- Emerging Technologies in the Market
- Low-Power Wide-Area Networks (LPWAN)
- 5G and Beyond
- Edge Computing
- Energy Harvesting
- AI and ML
- Sensor Fusion
- Internet of Things (IoT)
- Wearable Sensors
Chapter 11 Patent Analysis
- Overview
- Geographical Patterns
Chapter 12 Competitive Landscape
Chapter 13 Company Profiles
- ABB LTD.
- ANALOG DEVICES INC.
- ARUBA NETWORKS (HEWLETT-PACKARD ENTERPRISE)
- BANNER ENGINEERING CORP.
- DIGI INTERNATIONAL
- EMERSON ELECTRIC CO.
- ENDRESS+HAUSER
- ENOCEAN
- HONEYWELL INTERNATIONAL INC.
- INFINEON TECHNOLOGIES AG
- JACOBS ENGINEERING INC.
- KCF TECHNOLOGIES
- LORD MICROSTRAIN SENSING SYSTEMS
- MICROSEMI CORP. (MICROCHIP TECHNOLOGY)
- MOOG CROSSBOW
- NXP SEMICONDUCTOR INC.
- ROBERT BOSCH GMBH
- ROCKWELL AUTOMATION
- SCHNEIDER ELECTRIC
- SIEMENS AG
- STMICROELECTRONICS N.V.
- TE CONNECTIVITY
- TEXAS INSTRUMENTS INC.
- TYCO INTERNATIONAL PLC (JOHNSON CONTROLS INTERNATIONAL PLC)
- UNITED TECHNOLOGIES CORP.
Chapter 14 Appendix: Abbreviations