Global Industrial Wireless Market in Process Industries 2017-2021

  • ID: 4225842
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB
  • Aruba (Part of HP)
  • Beckhoff Automation
  • Belden
  • Cisco
  • Eaton
  • MORE
About Industrial Wireless

Wireless solution is a set of systems, devices, and services implemented in an industrial facility to guarantee a continuous and consistent coverage and flow of operational data. In wireless technology, electromagnetic waves are deployed to transmit information in the form of signals using a communication channel. Industrial communication protocols like Ethernet, Fieldbus, and wireless technologies are widely deployed by both process and discrete industries to connect their sub-processes, systems, equipment, and automated technologies, and generate a seamless flow of operational data.

The analysts forecast the global industrial wireless market in process industries to grow at a CAGR of 7.10% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial wireless market in process industries for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Industrial Wireless Market in Process Industries 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Belden
- Cisco
- Eaton
- Rockwell Automation
- Siemens

Other prominent vendors
- ABB
- Aruba (Part of HP)
- Beckhoff Automation
- Honeywell Process Solutions
- Huawei
- Schneider Electric
- Yokogawa

Market drivers
- Reduction in installation and retrofit costs.
- For a full, detailed list, view the full report

Market challenges
- Growing security concerns.
- For a full, detailed list, view the full report

Market trends
- Adoption of wearable devices in process industries.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Aruba (Part of HP)
  • Beckhoff Automation
  • Belden
  • Cisco
  • Eaton
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by technology
  • Global industrial wireless market in process industries by technology
  • Global WLAN market in process industries
  • Global WirelessHART market in process industries
  • Global WiMAX market in process industries
  • Global others market in process industries
PART 07: Market segmentation by end-user
  • Global industrial wireless market in process industries by end-user
  • Global industrial wireless market in oil and gas, and petrochemical industry
  • Global industrial wireless market in power industry
  • Global industrial wireless market in water and wastewater industry
  • Global industrial wireless market in others
PART 08: Geographical segmentation
  • Global industrial wireless market in process industries by geography
  • Industrial wireless market in process industries in EMEA
  • Industrial wireless market in process industries in APAC
  • Industrial wireless market in process industries in Americas
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Compatibility of Bluetooth 5 and IoT
  • Adoption of wearable devices in process industries
  • Evolution of cloud-based technologies
PART 12: Vendor landscape
  • Competition review
  • Key vendor analysis
  • Belden
  • Cisco
  • Eaton
  • Rockwell Automation
  • Siemens
  • Key takeaways
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Advantages of wireless solutions
Exhibit 02: Wired versus wireless technology solutions
Exhibit 03: Value chain in global industrial wireless market in process industries
Exhibit 04: Key stakeholders in the value chain
Exhibit 05: Global industrial wireless market in process industries 2016-2021 ($ millions)
Exhibit 06: Five forces analysis
Exhibit 07: Global industrial wireless market in process industries by technology 2016 and 2021 (% revenue share)
Exhibit 08: Incremental revenue growth contribution by individual technology (% share)
Exhibit 09: Global WLAN market in process industries 2016-2021 ($ millions)
Exhibit 10: Benefits offered by WLAN in process industries
Exhibit 11: Global WirelessHART market in process industries 2016-2021 ($ millions)
Exhibit 12: Aspects of WirelessHART network
Exhibit 13: Benefits of WirelessHART
Exhibit 14: Global WiMAX market in process industries 2016-2021 ($ millions)
Exhibit 15: WiMAX versus WLAN technology
Exhibit 16: Global others market in process industries 2016-2021 ($ millions)
Exhibit 17: Adoption rate of wireless technology among end-users
Exhibit 18: Global industrial wireless market in process industries by end-users 2016 and 2021 (% revenue share)
Exhibit 19: Incremental revenue growth contribution by end-users (% share)
Exhibit 20: Global industrial wireless market in oil and gas, and petrochemical industries 2016-2021 ($ millions)
Exhibit 21: Applications of wireless technology in oil and gas, and petrochemical industry
Exhibit 22: Trends in industrial wireless solutions for oil and gas, and petrochemical industry
Exhibit 23: Global industrial wireless market in power industry 2016-2021 ($ millions)
Exhibit 24: Application areas of wireless technology in power industry
Exhibit 25: Global industrial wireless market in water and wastewater industry 2016-2021 ($ millions)
Exhibit 26: Application of wireless technology in water and wastewater industry
Exhibit 27: Global industrial wireless market in others 2016-2021 ($ millions)
Exhibit 28: Global industrial wireless market in process industries by geography 2016 and 2021 (% revenue share)
Exhibit 29: Incremental growth contribution by geography (% share)
Exhibit 30: Industrial wireless market in process industries in EMEA 2016-2021 ($ millions)
Exhibit 31: Investments in Europe's power industry
Exhibit 32: Key investments in power industry in MEA
Exhibit 33: Key investments in EMEA pharmaceutical industry
Exhibit 34: Industrial wireless market in process industries in APAC 2016-2021 ($ millions)
Exhibit 35: Key projects in oil and gas, and petrochemical industry in APAC
Exhibit 36: Key power projects in APAC
Exhibit 37: Industrial wireless market in process industries in Americas 2016-2021 ($ millions)
Exhibit 38: Key investments in oil and gas, and petrochemical industry
Exhibit 39: Key power projects in Brazil and Mexico
Exhibit 40: Other prominent vendors
Exhibit 41: Belden: Brands owned
Exhibit 42: Belden: Product portfolio
Exhibit 43: Cisco: Product portfolio
Exhibit 44: Eaton’s business verticals
Exhibit 45: Eaton: Product portfolio
Exhibit 46: Rockwell Automation: Product portfolio
Exhibit 47: Siemens: Product portfolio
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FEATURED COMPANIES

  • ABB
  • Aruba (Part of HP)
  • Beckhoff Automation
  • Belden
  • Cisco
  • Eaton
  • MORE
New Report Released: – Global Industrial Wireless Market in Process Industries 2017-2021

The author of the report recognizes the following companies as the key players in the global industrial wireless market in process industries: Belden, Cisco, Eaton, Rockwell Automation, and Siemens.

Other Prominent Vendors in the market are: ABB, Aruba (Part of HP), Beckhoff Automation, Honeywell Process Solutions, Huawei, Schneider Electric, and Yokogawa.

Commenting on the report, an analyst from the research team said: “One trend in market is adoption of wearable devices in process industries. The growing trend of wearable devices has made a major impact in the global industrial wireless market in process industries. The penetration of wearable devices in the industry is increasing due to the numerous benefits that they offer. The major advantage of wearable devices is that the industries can minimize process timeline and achieve operational efficiency.”

According to the report, one driver in market is reduction in installation and retrofit costs. A wireless system involves a significantly lower installation and retrofit costs when compared with a wired system. For example, a wired cable system deployed in an industry expanding 50-70 feet in conduits can amount to $1,500, whereas a similar wireless system amounts to a few hundred dollars depending on factors such as vendor involved, applications required, and the range of connectivity. In the case of repair and reconfiguration requirements, wired systems involve installation of new cables and associated labor, and trenching and hardware needs. In contrast to these expenses involved in a wired system, a wireless system can be easily scaled up according to the requirements of an industry without the addition of any new hardware. Wired networks can also prove to be high cost entailing set-ups in cases where connections are spread across a wide area through cables and conduits.

Further, the report states that one challenges in market is high switching costs. Higher switching cost is one of the major factors that negatively affects the adoption of a wireless network within the process industries. Many cost-driven enterprises find it difficult to transform from their traditional wired networks to a wireless system because of the high switching costs. The switching cost of these automation systems is higher than that of a conventional system. However, effective utilization of wireless networks requires proper installation in the industry, which can result in a potential loss for businesses if not carried out properly. In addition, procurement cost of wireless hardware products is higher than that in wired networks, which is ultimately passed on to the end-user in the form of implementation or commissioning charges. Overlooking the long-term cost benefits, several process industries restrict their vision on the short-term expenses and therefore refrain from the adoption of wireless technologies.

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.
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  • Belden
  • Cisco
  • Eaton
  • Rockwell Automation
  • Siemens
  • ABB
  • Aruba (Part of HP)
  • Beckhoff Automation
  • Honeywell Process Solutions
  • Huawei
  • Schneider Electric
  • Yokogawa.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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