Global Petrochemical Industry Wireless Automation Market Growth (Status and Outlook) 2024-2030

Global Petrochemical Industry Wireless Automation Market Growth (Status and Outlook) 2024-2030

Wireless communication has gained more interest in industrial automation due to flexibility, mobility, and cost reduction. The automation space is making a transition from wired connectivity to wireless. The wireless control of systems is an essential part of the Internet of Things (IOT) world. This automation and connectivity is behind the expansion of IP addressing to IPv6, so everything can be independently connected to the net. The automation systems have a number of different wireless standards with which devices can communicate.

The global Petrochemical Industry Wireless Automation market size is projected to grow from US$ 800 million in 2024 to US$ 1539 million in 2030; it is expected to grow at a CAGR of 11.5% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Petrochemical Industry Wireless Automation Industry Forecast” looks at past sales and reviews total world Petrochemical Industry Wireless Automation sales in 2022, providing a comprehensive analysis by region and market sector of projected Petrochemical Industry Wireless Automation sales for 2023 through 2029. With Petrochemical Industry Wireless Automation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Petrochemical Industry Wireless Automation industry.

This Insight Report provides a comprehensive analysis of the global Petrochemical Industry Wireless Automation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Petrochemical Industry Wireless Automation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Petrochemical Industry Wireless Automation market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Petrochemical Industry Wireless Automation and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Petrochemical Industry Wireless Automation.

United States market for Petrochemical Industry Wireless Automation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Petrochemical Industry Wireless Automation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Petrochemical Industry Wireless Automation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Petrochemical Industry Wireless Automation players cover Siemens, Honeywell, Schneider Electric, ABB, CoreTigo, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Petrochemical Industry Wireless Automation market by product type, application, key players and key regions and countries.

Segmentation by Type:
Wi-Fi
Bluetooth and Bluetooth Low Energy (BLE)
Zigbee and Other Mesh Networks
Cellular (LTE, 5G)
Other

Segmentation by Application:
Plastics Industry
Rubber Industry
Pharmaceuticals Industry
Adhesive Industry
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Wi-Fi
Bluetooth and Bluetooth Low Energy (BLE)
Zigbee and Other Mesh Networks
Cellular (LTE, 5G)
Other

Segmentation by Application:
Plastics Industry
Rubber Industry
Pharmaceuticals Industry
Adhesive Industry
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens
Honeywell
Schneider Electric
ABB
CoreTigo
Emerson Electric
MOXA
Yokogawa
OleumTech
GE Vernova

Please note: The report will take approximately 2 business days to prepare and deliver.