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The industrial wireless market in process industries is forecasted to grow by USD 2,058.26 mn during 2023-2028, accelerating at a CAGR of 13.29% during the forecast period. The report on the industrial wireless market in process industries provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by reduction in installation and retrofit costs of wireless system, accelerating bandwidth requirements for upgrading existing networks, and increasing focus on predictive maintenance.
The industrial wireless market in process industries is segmented as below:
By Technology
- WLAN
- WirelessHART
- WiMAX
- Others
By End-user
- Oil and gas industry
- Power industry
- Water and wastewater industry
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the industrial wireless market in process industries covers the following areas:
- Industrial wireless market in process industries sizing
- Industrial wireless market in process industries forecast
- Industrial wireless market in process industries industry analysis
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global industrial wireless market in process industries: ABB Ltd., Advantech Co. Ltd., Antaira Technologies LLC, Beckhoff Automation GmbH and Co. KG, Belden Inc., Cisco Systems Inc., Eaton Corp. Plc, Ependion AB, Hans Turck GmbH and Co. KG, Hewlett Packard Enterprise Co., HMS Networks AB, Honeywell International Inc., Huawei Technologies Co. Ltd., Moxa Inc., NEXCOM International Co. Ltd., Phoenix Contact GmbH and Co. KG, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing use of M2M services across industries.'
According to the report, one of the major drivers for this market is the reduction in installation and retrofit costs of wireless system.
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.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Advantech Co. Ltd.
- Antaira Technologies LLC
- Beckhoff Automation GmbH and Co. KG
- Belden Inc.
- Cisco Systems Inc.
- Eaton Corp. Plc
- Ependion AB
- Hans Turck GmbH and Co. KG
- Hewlett Packard Enterprise Co.
- HMS Networks AB
- Honeywell International Inc.
- Huawei Technologies Co. Ltd.
- Moxa Inc.
- NEXCOM International Co. Ltd.
- Phoenix Contact GmbH and Co. KG
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- Yokogawa Electric Corp.
