Wireless Sensor Network Market Overview By New Technology, Demand And Scope 2019 To 2026

Wireless Sensor Network Market Overview By New Technology, Demand And Scope 2019 To 2026

The MarketWatch News Department was not involved in the creation of this content.

Sep 07, 2020 (The Expresswire) —
The globalwireless sensor networkmarket size is predicted to reach USD 148.67 billion by 2026, exhibiting a CAGR of 18.3% during the forecast period. The increasing government initiatives for smart city projects and infrastructure development will spur demand for advanced wireless sensors and networks, which in turn, will boost the wireless sensor network market growth during the forecast period. Moreover, the rising focus towards green infrastructure to reduce air pollution as well sustainability will create new opportunities for the wireless sensor network market revenue in the forthcoming years.

To Gain More Insights into the Wireless Sensor Network Market, Browse Summary of the Research Report –https://www.fortunebusinessinsights.com/wireless-sensor-network-market-102625

As per the published report by Fortune Business Insights, titled “Wireless Sensor Network Market Size, Share and Industry Analysis, By Component (Hardware, Software, and Services), By Sensor Type (MEMS Sensors, CMOS-based Sensors, LED Sensors, Motion and Position Sensor, Flow Sensor, and Others), By Application (Home and Building Automation, Industrial Automation, Military Surveillance, Smart Transportation, Patient Monitoring, Machine Monitoring, and Others), By End-User (Automotive and Transportation, Aerospace and Defence, Oil and Gas, Healthcare, Manufacturing, Retail, Agriculture, and Others) and Regional Forecast, 2019-2026” the market size stood at USD 38.99 billion in 2018.The wireless sensor network market report focuses on demonstrating a complete assessment of the analysis. It contains facts, thoughtful insights, historical information, industry-validated market information, and projections with a suitable set of assumptions and methodology.It offers valuable insights into all the notable developments of the market. It shares a complete overview of all the segments and parts of the wireless sensor network market and also provides statistical data on all the regions. It is created after extensive research followed by an all-encompassing analysis to benefit companies, stakeholders, financers, and potential investors. Moreover, it also includes product launches, acquisitions, collaborations and partnerships, and industry developments.

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this Market.Please visit:https://www.fortunebusinessinsights.com/enquiry/covid19-impact/wireless-sensor-network-market-102625

The Report Lists the Key Companies in the Wireless Sensor Network Market

  • PARKER HANNIFIN CORP
  • Cisco Systems, Inc.
  • NXP Semiconductors
  • Huawei Technologies Co., Ltd.
  • Texas Instruments Incorporated
  • TE Connectivity
  • Advantech Co., Ltd.
  • ABB
  • Honeywell international Inc.

Request a Sample Copy for more detailed Wireless Sensor Network Market Overview-https://www.fortunebusinessinsights.com/enquiry/sample/wireless-sensor-network-market-102625

Market Driver

Stellar Demand for Autonomous Vehicles to Augment Growth

The rising demand for connected vehicles has fuelled demand for wireless sensors and networks, thus aiding growth of the market. The growing concerns regarding air pollution will spur demand for autonomous vehicles, which in turn will augur well for the market. The growing awareness about the benefits of wireless networks in autonomous vehicles such as automobile pollution control, car theft control, headlight intensity control, vehicle site detection, and vehicle health monitoring, will boost the wireless sensor network market trends in the forthcoming years. Moreover, wireless sensors improve the interconnectivity and reduces maintenance task of autonomous vehicles. This, factor will create lucrative business opportunities for the market. In addition, the launch of innovative products by major players will enable speedy growth of the market. For instance, in November 2017,

Honeywell International Inc. an American publicly traded, multinational, conglomerate company unveiled Sensepoint XRL, a ground-breaking connected gas detector that helps in monitoring industrial processes for extremely dangerous gases, such as carbon monoxide or methane in order to support safety in industrial operations.

Regional Analysis

High Adoption of Advanced Technology to Support Growth in North America

The market in North America stood at USD 11.27 billion and is predicted to rise significantly during the forecast period due to increasing adoption of WSN, especially in the military and defense sector. Moreover, the presence of leading companies will stimulate growth in the region. Asia Pacific is predicted to witness high growth in the forthcoming years owing to the rapid urbanization and industrialization. The surge in safety requirements along with booming automotive industry will encourage growth in Asia Pacific. In addition, the implementation of wireless sensors across various industries such as, agriculture, automotive, and healthcare in India, China, and Japan can be vital factor in augmenting growth in the region during the forecast period.

Request for customization:https://www.fortunebusinessinsights.com/enquiry/customization/wireless-sensor-network-market-102625

Major Table of Content forWireless Sensor Network Market:

  • Introduction
  • Executive Summary
  • Market Dynamics
  • Key Insights
  • Global Wireless Sensor Market Analysis, Insights and Forecast, 2015-2026

TOC Continued…!!!

Purchase Full Report for Exclusive Wireless Sensor Network Market Growth Forecast –https://www.fortunebusinessinsights.com/checkout-page/102625

Other Exclusive Reports:

Smart Labels Marketto Soar at 17.3% CAGR; Growing Number of Retail Stores Worldwide to Boost the Market

LiDAR MarketSize To Reach USD 6.71 Billion By 2026; Will Benefit from the Increasing Number of Mergers and Acquisitions

Thermal Imaging Marketto Showcase 6.0% CAGR by 2026; Rising Demand from Search and Rescue Operation Teams to Spur Growth

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123ac
APAC : +91 744 740 1245
Email:sales@fortunebusinessinsights.com

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Wireless Sensor Network Market Overview By New Technology, Demand And Scope 2019 To 2026

COMTEX_370840270/2598/2020-09-07T03:58:07

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

The MarketWatch News Department was not involved in the creation of this content.

Source Article