Jan 12 2015
Research and Markets has announced the addition of the "IWSN Market by Sensor, Technology, Application & Geography - Global Trend & Forecast to 2013-2020" report to their offering.
The global IWSN market size is estimated to grow from $401.23 million in 2013 to $944.92 million by 2020 at a CAGR of 12.96% from 2014 to 2020. The wireless temperature sensors are expected to grow at a CAGR of 13.42%. This growth is heralded by the oil and gas, automotive, and food and beverages industries.
The report analyzes the entire market on the basis of all the major geographic segments, such as North America, Europe, Africa, the Middle-East, and Asia. North America is currently the largest market for IWSN systems, but the Asian region is expected to exhibit a high growth in the next seven years.
The report also draws the competitive landscape of the IWSN industry by analyzing the major players and the strategies adopted by them for growth in the market. Apart from the market segmentation data, the report also includes qualitative analysis of various market dynamics such as the drivers, restraints, opportunities, burning issues, and winning imperatives. It also analyzes the overall market through various models, such as Porter's five forces model..
The report, along with the market share analysis, profiles the major companies active in this field such as ABB Ltd. (Switzerland), Emerson Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Yokogawa Electric Corporation (Japan), and General Electric (U.S.), among others.