Market Growth Has Experienced a Change of 9.11% YoY in 2020
1h Free Analyst Time
The industrial wireless market in discrete industries is poised to grow by $3.94 bn, during 2020-2024 progressing at a CAGR of 11% during the forecast period.Speak directly to the analyst to clarify any post sales queries you may have.
This report on the industrial wireless market in discrete industries provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
The market is driven by the growing importance of real-time data analysis and the growing adoption of high-speed communication network solutions for fast data transfer in industrial sector. In addition, the growing importance of real-time data analysis is anticipated to boost the growth of the market as well.
The industrial wireless market in discrete industries analysis includes end-user segment and geographical landscapes.
The industrial wireless market in discrete industries is segmented as below:
By End-user
- Automotive
- Electronics
- Aerospace
- Heavy machinery
By Geographic Landscapes
- APAC
- North America
- Europe
- South America
- MEA
This study identifies the increased adoption of wearable and trackable devices as one of the prime reasons driving the industrial wireless market in discrete industries growth during the next few years.
The analyst 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.
This report on the industrial wireless market in discrete industries covers the following areas:
- Industrial wireless market in discrete industries sizing
- Industrial wireless market in discrete industries forecast
- Industrial wireless market in discrete industries industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial wireless market in discrete industries vendors that include ABB Ltd., Belden Inc., Cisco Systems Inc., General Electric Co., Honeywell International Inc., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. Also, the industrial wireless market in discrete industries analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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 analyst 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 report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The analyst recognizes the following companies as the key players in the industrial wireless market in discrete industries: ABB Ltd., Belden Inc., Cisco Systems Inc., General Electric Co., Honeywell International Inc., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp.According to one of the team's analysts: The latest trend gaining momentum in the market is increased adoption of wearable and trackable devices.
According to the report, one of the major drivers for this market is the growing importance of real-time data 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 a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB Ltd.
- Belden Inc.
- Cisco Systems Inc.
- General Electric Co.
- Honeywell International Inc.
- OMRON Corp.
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- Yokogawa Electric Corp.
