TechNavio recognizes the following companies as the key players in the Global Industrial Wireless Sensor Networks (IWSN) Market: Emerson Electric Co., Honeywell International Inc., General Electric Co., Yokogawa Electric Corp., and Siemens AG.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”Development in wireless technology will help IWSNs to be used across a wide range of applications in the Industrial sector and will also help reduce operational costs in the long run. There has already been high adoption of wireless technologies such as Bluetooth, ZigBee, and Wi-Fi. The use of these wireless technologies has allowed IWSNs to be used in the Automotive and Healthcare industries. Other solutions such as WirelessHART, SP100, or Wibree also aid in the widespread use of IWSNs across various applications. The impact of the development of wireless technology and its use for different applications is expected to be high during the forecast period.”
According to the report, wireless sensors offer the advantage of not requiring any wires. The designers of industrial structures do not have to plan for any additional conduits. In addition, in case of a problem with the connectivity of a wireless sensor, the problem can be easily isolated (as the problem can only be with the sensor or the receiver) and rectified immediately. In this respect, wireless sensors offer a much better cost advantage than wired sensors.
Further, the report states that one of the major challenges is that the new sensors may not be compliant with the old sensors because of the difference in standards that these sensors adhere to. It is, therefore, necessary for the IWSN industry to work toward a single standard that would allow for interoperability between different wireless sensors across all applications.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are ABB, Atmel Corp., Cisco Systems Inc., Dust Networks Inc., Freescale Semiconductor Inc., Invensys plc, Mitsubishi Electric Corp., and Rockwell Collins Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-industrial-wireless-sensor-netwo…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Hardware market research, please visit https://www.technavio.com/hardware
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