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Global Industrial Wireless Sensor Networks (IWSN) Market Bolstered by Growing Trend of Smart Factories

Global Industrial Wireless Sensor Networks (IWSN) Market Bolstered by Growing Trend of Smart Factories

The global industrial wireless sensor networks (IWSN) market is projected to witness good growth in the coming few years due to the increasing adoption of wireless sensors. Wireless sensors win hands down over their wired counterparts. Wireless sensors can help users continuously monitor processes in dangerous environments and report this data back to an operator, who is present in a monitoring facility located at a safe distance. In addition to this, wireless sensors can also help monitor and note down data acquired from remote locations.

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An industrial wireless sensor network (IWSN) is a network composed of various sensors placed at a remote plant area that uses wireless technology to send measurements or signals to the control room. IWSN finds its application in several end-use sectors such as pharmaceuticals, consumer goods, chemicals, energy and utility, electrical and electronics manufacturing, machinery and discrete machinery parts manufacturing, aerospace and defense, and automotive.

IWSN Technology to Fuel the New Industrial Revolution

Wireless sensor networks (IWSN) are fueling the new industrial revolution. The several end-use industries of industrial wireless sensor networks can control the industrial environment efficiently using this technology. Furthermore, higher reliability of wireless technology as compared to that of wired technology is also a major growth factor for the industrial wireless sensor networks market. Rising technological advancement in wireless technology will also fuel the growth of the global IWSN market. Moreover, the accelerating trend of smart factories and growing connectivity between several industrial processes will also fuel the global industrial wireless sensor networks market.

Sensor Node Failures to Suppress Global IWSN Market

On the other hand, factors such as sensor node failures along with the faults and hardware termination will suppress the global industrial wireless sensor networks (IWSN) market. Another major challenge restraining the growth of the global IWSN market arises from the availability of several wireless communication standards, which have led to low interoperability between the various sensor networks. Nevertheless, the emergence of standard communication protocols has resulted in bolstering the adoption of wireless sensor networks across several industries. Increasing use of machine-to-machine (M2M) solutions will also support the growth of the IWSN market.

Increasing Demand for Industrial Automation to Drive Global IWSN Market

The global industrial wireless sensor networks (IWSN) market is fragmented in nature. There exists significant competition among the companies in the global industrial wireless sensor networks market. Players in the global IWSN market will benefit from the opportunity of rising demand for industrial automation solutions, and IWSN forms an integral part of these solutions due to its ability to monitor events and periodic data collection. The major technologies used in the global IWSN market are Wi-Fi, Bluetooth, WLAN, ISA100.11a, Zigbee, and WirelessHART.

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The key players in the global industrial wireless sensor networks (IWSN) market are Yokogawa Electric Corporation, VIAgents, Tridium, Texas Instruments, Inc., SynapSense Corporation, Millennial Net, Inc., Lantronix, Inc., Honeywell International, Inc., Freescale Semiconductor, Inc., Emerson Process Management, Dust Networks, Inc., Digi International, Inc., Apprion, Inc., and Schneider Electric SA.

Geographically, Asia Pacific is witnessing fast growth in the IWSN market due to the rising adoption of IWSN in several industry sectors. On the other hand, North America will continue to be a leading sector in the global industrial wireless sensor networks market due to elevated adoption of IWSN solutions.

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