Global Wireless Industrial IoT Sensors Market Growth 2023-2029

Global Wireless Industrial IoT Sensors Market Growth 2023-2029

The global Wireless Industrial IoT Sensors market size is projected to grow from US$ 6086.8 million in 2022 to US$ 14940 million in 2029; it is expected to grow at a CAGR of 13.7% from 2023 to 2029.

Global key players of Wireless Industrial IoT Sensors include Robert Bosch GmbH, Honeywell, Analog Devices, NXP Semiconductors and Infineon Technologies, etc. The top five players hold a share over 35%.The China region is the world's largest production area for Wireless Industrial IoT Sensors, has a share about 35%, followed by Southeast Asia and North America, with share 24% and 15%, separately. In terms of product types, Traditional Wireless Technology is the largest market segment, occupying for a share of above 50%. In terms of product applications, Wireless Industrial IoT Sensors are mainly used in manufacture, with a market share of 25%, followed by automotive and energy.

The industrial Internet of Things (IIoT) refers to the use of internet-connected sensors and devices in the industrial sectors, such as manufacturing, energy, automotive, healthcare, life sciences, and agriculture.

Wireless Industrial IoT Sensors are designed to collect data without the use of wires. They can detect and capture data in any situation, and have now found application in various sectors, including manufacturing/industrial sector. Wireless Industrial IoT Sensors carry a tiny built-in radio transmitter and receiver, which means they can communicate with each other without being hard-wired together. This allows them to go further away from a power source and transmit more valuable information, such as the complex machine data.

Wireless Industrial IoT Sensors can capture information such as vibration, temperature, pressure, humidity, and magnetic flux among others. It can also capture air quality or noise levels, and can measure machine parameters like flow rate, speed or torque.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wireless Industrial IoT Sensors 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 Wireless Industrial IoT Sensors.

This report presents a comprehensive overview, market shares, and growth opportunities of Wireless Industrial IoT Sensors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Traditional Wireless Technology
LPWANs Technology

Segmentation by application
Agriculture
Logistics
Energy
Manufacture
Automotive
Others

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.
Robert Bosch GmbH
Honeywell
Analog Devices
NXP Semiconductors
Infineon Technologies
Silicon Laboratories
ABB
InvenSense (TDK)
Panasonic
Texas Instruments
STMicroelectronics
TE Connectivity
Omron
Semtech
Sensata Technologies
Vishay
Sensirion AG

Key Questions Addressed in this Report

What is the 10-year outlook for the global Wireless Industrial IoT Sensors market?

What factors are driving Wireless Industrial IoT Sensors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Wireless Industrial IoT Sensors market opportunities vary by end market size?

How does Wireless Industrial IoT Sensors break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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