[250 Pages Report] Total sales in the global wireless sensors market are projected to top US$ 5,876.3 million in 2022. With demand increasing at a stupendous 15.5% CAGR over the forecast period, the wireless sensors market value is anticipated to total US$ 24,768 million by 2032.
Report Attribute | Key Statistics |
---|---|
Wireless Sensors Market Expected Market Value (2022) | US$ 5,876.3 Million |
Wireless Sensors Market Anticipated Forecast Value (2032) | US$ 24,768 Million |
Wireless Sensors Market Projected Growth Rate (2022-2032) | 15.50% CAGR |
With the advent of Industry 4.0, the adoption of wireless sensors is increasing at a considerable pace. Wireless sensors offer a wide range of benefits, spanning from RFID and Bluetooth connectivity to easy integration of connected devices.
Sales of wireless sensors are rising in factory settings where data monitoring of production is critical. Applications of wireless sensors include building automation, defense, automotive, food and beverage, and retail.
In addition to this, increasing focus and investments in the development of new energy sources, along with rapid renewable energy development will fuel the adoption of wireless sensors across various countries.
Wireless sensors are a crucial component in smart grids for remote monitoring of transformers and power lines. These sensors monitor line temperature amid normal and harsh weather conditions. Thus, rising investments in smart grids in the energy sector will augment the wireless sensors market size.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Increasing sales of IoT-connected devices such as wearables, smart speakers, and others are expected to drive demand for wireless sensors. Besides this, stringent government norms pertaining to workforce safety across industries such as mining, oil & gas, and energy transmission will boost the adoption of wireless sensors.
These sensors enable individuals to monitor and control the facility remotely. Wireless sensors are reliable components that are efficient, safe, and flexible, having the ability to monitor the usage, performance, and failure of machinery and other equipment autonomously.
High adoption of IoT in the building and construction sector will influence the wireless sensors demand outlook across various countries. Rising establishment of smart cities, buildings, and factories will fuel sales of wireless sensors as they are high precision, small in size, use less power, and control ambient parameters.
Wireless sensors are cost-effective as they have a low installation cost and cause minimal disruption to the interiors of the facility or the workforce. The installation of wireless systems needs no wiring or structural changes at the site.
Rising focus on energy conservation in the U.S. and Canada is expected to augment growth in the North America wireless sensors market over the forecast period. Energy conservation is vital for minimizing the environmental impact and carbon footprint.
Wireless sensors are used in the energy sector to accurately measure stationary and portable weather conditions, wind energy systems, weather stations, building design aerodynamics, and high-altitude weather research balloons.
They are also being utilized to monitor automotive emissions, water pollution devices, and smokestack mercury sampling. Further, sales of zero power wireless sensors are gaining momentum as they are required in energy processing low power management to monitor the output power and conserve energy.
Rapid advancements in low power and reliable wireless sensors will boost the adoption of wireless sensors in wired electrical infrastructure. Backed by the aforementioned factors, demand for wireless sensors across North America will account for 24.8% of the total wireless sensors market share in 2022.
As per FMI, total sales of wireless sensors in Europe are forecast to account for 21.7% of the global wireless sensors market share in 2022. Rising demand for wireless sensors in the healthcare sector in countries such as Germany, France, and Switzerland is expected to augment the growth in the market.
In addition to this, the presence of some of the key wireless sensor manufacturers across Europe will bode well for the market. For instance, in May 2021, Advantech launched an innovative certified wireless module for sensor-cloud connectivity for IoT. It is in a compact industry-standard form and does not require programming. Applications include cold chain and refrigerator monitoring, asset tracking, smart agriculture, smart street lighting, and smart waste management.
Amid rapid technological advancements in IoT, artificial intelligence (AI), and machine learning (ML), many players are aiming to improve their offerings to keep up with the growing demand. Innovation, creativity, and effective connectivity are some of the key areas of focus among emerging wireless sensor brands.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Key wireless sensor manufacturers are investing in collaborations and partnerships with other service providers to launch application-specific wireless sensors. Through this, players are aiming to gain a competitive edge in the global wireless sensors market. Some recent developments include:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 15.50% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in US$ Million and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
|
Regions Covered |
|
Key Countries Profiled |
|
Key Companies Profiled |
|
Customization | Available Upon Request |
Sales of wireless sensors are forecast to surge at an impressive 15.50% CAGR over the forecast period.
North America will emerge as a lucrative pocket, holding 24.8% of the total wireless sensors market share in 2022.
Sales of wireless sensors increased at a 13.2% CAGR between 2016 to 2021.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Wireless Sensors Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Wireless Sensors Market Analysis 2017-2021 and Forecast 2022-2032, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Type, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Type, 2022-2032
5.3.1. Ambient Light Sensors
5.3.2. Motion & Position Sensors
5.3.3. Temperature Sensors
5.3.4. Heart Rate Sensors
5.3.5. Pressure Sensors
5.3.6. IMUs 6-Axis 9-Axis
5.3.7. Accelerometers 3-Axis
5.3.8. Blood Glucose Sensors
5.3.9. Image Sensors
5.3.10. Humidity Sensors
5.3.11. Carbon Monoxide Sensors
5.3.12. Blood Oxygen Sensors
5.4. Y-o-Y Growth Trend Analysis By Type, 2017-2021
5.5. Absolute $ Opportunity Analysis By Type, 2022-2032
6. Global Wireless Sensors Market Analysis 2017-2021 and Forecast 2022-2032, By End-user
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By End-user, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By End-user, 2022-2032
6.3.1. Building Automation
6.3.2. Wearable Devices
6.3.3. Healthcare
6.3.4. Industrial
6.3.5. Automotive & Transportation
6.3.6. Oil and Gas
6.3.7. Retail
6.3.8. Agriculture
6.3.9. Aerospace & Defense
6.3.10. BFSI
6.4. Y-o-Y Growth Trend Analysis By End-user, 2017-2021
6.5. Absolute $ Opportunity Analysis By End-user, 2022-2032
7. Global Wireless Sensors Market Analysis 2017-2021 and Forecast 2022-2032, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021
7.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Wireless Sensors Market Analysis 2017-2021 and Forecast 2022-2032, By Country
8.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
8.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
8.2.1. By Country
8.2.1.1. U.S.
8.2.1.2. Canada
8.2.2. By Type
8.2.3. By End-user
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Type
8.3.3. By End-user
8.4. Key Takeaways
9. Latin America Wireless Sensors Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Type
9.2.3. By End-user
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Type
9.3.3. By End-user
9.4. Key Takeaways
10. Europe Wireless Sensors Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. U.K.
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Type
10.2.3. By End-user
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Type
10.3.3. By End-user
10.4. Key Takeaways
11. Asia Pacific Wireless Sensors Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Malaysia
11.2.1.5. Singapore
11.2.1.6. Australia
11.2.1.7. New Zealand
11.2.1.8. Rest of APAC
11.2.2. By Type
11.2.3. By End-user
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Type
11.3.3. By End-user
11.4. Key Takeaways
12. MEA Wireless Sensors Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of MEA
12.2.2. By Type
12.2.3. By End-user
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By End-user
12.4. Key Takeaways
13. Key Countries Wireless Sensors Market Analysis
13.1. U.S.
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2021
13.1.2.1. By Type
13.1.2.2. By End-user
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2021
13.2.2.1. By Type
13.2.2.2. By End-user
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2021
13.3.2.1. By Type
13.3.2.2. By End-user
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2021
13.4.2.1. By Type
13.4.2.2. By End-user
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2021
13.5.2.1. By Type
13.5.2.2. By End-user
13.6. U.K.
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2021
13.6.2.1. By Type
13.6.2.2. By End-user
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2021
13.7.2.1. By Type
13.7.2.2. By End-user
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2021
13.8.2.1. By Type
13.8.2.2. By End-user
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2021
13.9.2.1. By Type
13.9.2.2. By End-user
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2021
13.10.2.1. By Type
13.10.2.2. By End-user
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2021
13.11.2.1. By Type
13.11.2.2. By End-user
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2021
13.12.2.1. By Type
13.12.2.2. By End-user
13.13. Malaysia
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2021
13.13.2.1. By Type
13.13.2.2. By End-user
13.14. Singapore
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2021
13.14.2.1. By Type
13.14.2.2. By End-user
13.15. Australia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2021
13.15.2.1. By Type
13.15.2.2. By End-user
13.16. New Zealand
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2021
13.16.2.1. By Type
13.16.2.2. By End-user
13.17. GCC Countries
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2021
13.17.2.1. By Type
13.17.2.2. By End-user
13.18. South Africa
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2021
13.18.2.1. By Type
13.18.2.2. By End-user
13.19. Israel
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2021
13.19.2.1. By Type
13.19.2.2. By End-user
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Type
14.3.3. By End-user
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. ABB
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. Adaptive Energy
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. Ambient Micro
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Apprion
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Aruba Networks
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Atmel
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. BAE Systems
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Cardiomems
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. Chevron
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. Cymbet
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
15.1.11. Dust Networks
15.1.11.1. Overview
15.1.11.2. Product Portfolio
15.1.11.3. Profitability by Market Segments
15.1.11.4. Sales Footprint
15.1.11.5. Strategy Overview
15.1.11.5.1. Marketing Strategy
15.1.11.5.2. Product Strategy
15.1.11.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodolog
Explore Technology Insights
View Reports