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Industrial Wireless Devices Market, Global Outlook and Forecast 2023-2029

Industrial Wireless Devices Market, Global Outlook and Forecast 2023-2029

  • Published on : 20 March 2023
  • Pages :60
  • Report Code:SMR-7606706

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Report overview

Industrial process automation technology is one of the key technologies with the most rapid development, the most extensive application and the most obvious benefit. While, industrial wireless network technology is one of the hot spots in the field of industrial automation. Internationally, the industrial wireless network communication standards which have aroused widespread concern in the world mainly include Wireless HART, ISA100.11a and WIA-PA. This report counts industrial wireless product (hardware & software) and service for factory automation.
This report aims to provide a comprehensive presentation of the global market for Industrial Wireless Devices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Wireless Devices. This report contains market size and forecasts of Industrial Wireless Devices in global, including the following market information:
Global Industrial Wireless Devices Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Industrial Wireless Devices market was valued at US$ 14980 million in 2022 and is projected to reach US$ 31300 million by 2029, at a CAGR of 11.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Of the major players of Industrial Wireless Devices, Emerson maintained its first place in the ranking. Emerson accounted for 10% of the Global Industrial Wireless Devices revenue market share. Other players accounted for 10%, 9% including Honeywell International and Siemens.
In this study, the market for Industrial Wireless Devices consumption divided into five geographic regions: In North America, total Industrial Wireless Devices accounted for 30%. In the Europe, total Industrial Wireless Devices accounted for 38%. The market in Asia-Pacific Industrial Wireless Devices accounted for 26%, in Japan 4%, in South America 2% and in Middle East and Africa 2%.
Worldwide, Chemical, oil & gas and Pulp & Paper industry was the largest three consumer of Industrial Wireless Devices which is responsible for about 38 percent of Industrial Wireless Devices consumption. The remaining 61 percent was consumed for Electric Power, Water & Wastewater, Metallurgy & Mining, Food & Beverage, Pharmaceutical & Biotech and among others.
We surveyed the Industrial Wireless Devices companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Wireless Devices Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Industrial Wireless Devices Market Segment Percentages, by Type, 2022 (%)
Product (Hardware & Software)
Service
Global Industrial Wireless Devices Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Industrial Wireless Devices Market Segment Percentages, by Application, 2022 (%)
Chemical
Oil & Gas
Pulp & Paper
Electric Power
Water & Wastewater
Metallurgy & Mining
Food & Beverage
Pharmaceutical & Biotech
Others
Global Industrial Wireless Devices Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Industrial Wireless Devices Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Wireless Devices revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Industrial Wireless Devices revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Emerson
Honeywell International
Siemens
ABB
GE
Eaton
Cisco
Yokogawa Electric
Rockwell Automation
Advantech
Arris
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Wireless Devices, market overview.
Chapter 2: Global Industrial Wireless Devices market size in revenue.
Chapter 3: Detailed analysis of Industrial Wireless Devices company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial Wireless Devices in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.