Global Industrial Wireless Transmitters Market, By Type, By End User, By Region & Segmental Insights Trends and Forecast, 2023 – 2031
- Industry: Semiconductors & Electronics
- Report ID: TNR-110-1011
- Number of Pages: 420
- Table/Charts : Yes
- November, 2023
- Base Year : 2024
- No. of Companies : 10+
- No. of Countries : 29
- Views : 10106
- Covid Impact Covered: Yes
- War Impact Covered: Yes
- Formats : PDF, Excel, PPT
Industrial wireless transmitters are devices used in industrial settings to transmit data wirelessly from sensors and instruments. They enable real-time monitoring and control of critical processes and equipment without the need for physical wiring. These transmitters are essential for remote and inaccessible locations, enhancing efficiency and safety in industrial operations. In terms of revenue, the global industrial wireless transmitters market was worth US$ 2.54 Bn in 2022, anticipated to witness CAGR of 6.3% during 2023 – 2031.
Global Industrial Wireless Transmitters Market Revenue & Forecast, (US$ Million), 2015 – 2031
Trends in the Global Industrial Wireless Transmitters Market
- The industrial wireless transmitters market is currently witnessing a surge in the adoption of IoT (Internet of Things) integration. Industries are continuously connecting sensors, equipment, and machinery to collect real-time data. This ongoing trend is enabling predictive maintenance, data-driven decision-making, and remote monitoring, all of which enhance operational efficiency. IoT integration is a current focus, with industries harnessing the power of wireless transmitters to gather and transmit data for actionable insights, ultimately driving better resource utilization and cost savings.
- Cybersecurity is gaining heightened importance in the industrial wireless transmitters market. As industries increasingly rely on wireless communication, ensuring data integrity and network security is an ongoing concern. The current trend involves implementing robust cybersecurity measures, such as encryption protocols and intrusion detection systems. This ensures the protection of sensitive data and prevents unauthorized access to industrial networks. As cyber threats evolve, industries are continuously reinforcing their security strategies to safeguard wireless transmitter communication, making cybersecurity a pivotal ongoing driver in the market.
Report Coverage and Deliverables:
Temperature Transmitters segment has gained popularity in recent years and is anticipated to be the fastest growing segment in the global industrial wireless transmitters market during the forecast period. This growth is driven by the increasing demand for precise temperature monitoring across industries. Temperature transmitters offer real-time data on equipment and process temperatures, aiding in energy conservation, quality control, and safety. With applications in sectors like pharmaceuticals, food processing, and HVAC systems, these transmitters have become essential for optimizing operations, reducing energy consumption, and ensuring product quality, fueling their rapid growth within the market.
Industrial automation segment had the highest share in the global industrial wireless transmitters market in 2022 due to its pervasive presence and the critical role of wireless transmitters in modern automated systems. According to the study, industrial robot installations are continuously increasing. Automation relies heavily on real-time data transmission for processes like predictive maintenance, quality control, and remote monitoring. Wireless transmitters facilitate this by providing seamless connectivity in automated environments. As industries prioritize efficiency and cost-effectiveness, the demand for these transmitters surges, ensuring their central role in the rapidly growing landscape of industrial automation and contributing to their dominance in the market.
Asia Pacific is significantly adopting industrial wireless transmitters across various industries due to its expanding industrial landscape and technological advancements. The region is a manufacturing powerhouse, with the study indicating its prominence in global manufacturing output. This region is actively embracing automation and Industry 4.0 initiatives, driving the demand for wireless transmitters in industrial applications. Additionally, surveys reveal that the Asia Pacific region has a growing pool of tech-savvy professionals who are spearheading digital transformation efforts. These factors, combined with a surging need for operational efficiency, position Asia Pacific as the fastest-growing segment in the industrial wireless transmitters market.
Competitive Landscape
Some of the players operating in the industrial wireless transmitters market are
- ADCON
- Ascom
- Emerson Electric Co.
- Honeywell International Inc.
- Inovonics Wireless Corporation
- Keri Systems
- OleumTech
- Phoenix Contact
- Rohde & Schwarz
- Schneider Electric
- Siemens
- Other Industry Participants
Report Summary of Global Industrial Wireless Transmitters Market
Report Specifications | Details |
Market Revenue in 2022 | US$ 2.54 Billion |
Market Size Forecast by 2031 | US$ 8.23 Billion |
Growth Rate (CAGR) | 6.3% |
Historic Data | 2015 – 2021 |
Base Year for Estimation | 2022 |
Forecast Period | 2023 – 2031 |
Report Inclusions | Market Size & Estimates, Market Dynamics, Competitive Scenario, Trends, Growth Factors, Market Determinants, Key Investment Segmentation, Product/Service/Solutions Benchmarking |
Segments Covered | By Type, By End User |
Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa, Latin America |
Countries Covered | U.S., Canada, Mexico, Rest of North America, France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe, China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific, Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa, Brazil, Argentina, Rest of Latin America |
Key Players | ADCON, Ascom, Emerson Electric Co., Honeywell International Inc., Inovonics Wireless Corporation, Keri Systems, OleumTech, Phoenix Contact, Rohde & Schwarz, Schneider Electric, Siemens, Other Industry Participants |
Customization Scope | Customization allows for the inclusion/modification of content pertaining to geographical regions, countries, and specific market segments. |
Pricing & Procurement Options | Explore purchase options tailored to your specific research requirements |
Contact Details | Consult With Our Expert
Japan (Toll-Free): +81 663-386-8111 South Korea (Toll-Free): +82-808-703-126 Saudi Arabia (Toll-Free): +966 800-850-1643 United Kingdom: +44 753-710-5080 United States: +1 302-232-5106 E-mail: askanexpert@thenicheresearch.com
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Global Industrial Wireless Transmitters Market
By Type
- General Purpose
- Level Transmitters
- Pressure Transmitters
- Temperature Transmitters
- Flow Transmitters
- Other Types
By End User
- Energy and Power
- Food and Agriculture
- Industrial Automation
- Water and Waste Water Treatment
- Other End-Users
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
Table of Contents
**Exclusive for Multi-User and Enterprise User.
Global Industrial Wireless Transmitters Market Segmentation
By Type
By End User
By Region
**Note: The report covers cross-segmentation analysis by region further into countries
- Supply Side Analysis: We initiate a supply side analysis by directly contacting market participants, through telephonic interviews and questionnaires containing both open-ended and close-ended questions. We gather information on their portfolios, segment revenues, developments, and growth strategies.
- Demand Side Analysis: To gain insights into adoption trends and consumer preferences, we reach out to target customers and users (non-vendors). This information forms a vital part of the qualitative analysis section of our reports, covering market dynamics, adoption trends, consumer behavior, spending patterns, and other related aspects.
- Consultant Insights: We tap into the expertise of our partner consultants from around the world to obtain their unique viewpoints and perspectives. Their insights contribute to a well-rounded understanding of the markets under investigation.
- In-House Validation: To ensure data accuracy and reliability, we conduct cross-validation of data points and information through our in-house team of consultants and utilize advanced data modeling tools for thorough verification.
- Market Trends and Past Performance (Last Five Years): We accurately analyze market trends and performance data from preceding five years to identify historical patterns and understand the market's evolution.
- Historical Performance and Growth of Market Participants: We assess the historical performance and growth trajectories of key market participants. This analysis provides insights into the competitive landscape and individual company strategies.
- Market Determinants Impact Analysis (Next Eight Years): We conduct a rigorous analysis of the factors that are projected to influence the market over the next eight years. This includes assessing both internal and external determinants that can shape market dynamics.
- Drivers and Challenges for the Forecast Period:Identify the factors expected to drive market growth during the forecast period, as well as the challenges that the industry may face. This analysis aids in deriving an accurate growth rate projection.
- New Acquisitions, Collaborations, or Partnerships: We keep a close watch on any new acquisitions, collaborations, or partnerships within the industry. These developments can have a significant impact on market dynamics and competitiveness.
- Macro and Micro Factors Analysis:A thorough examination of both macro-level factors (e.g., economic trends, regulatory changes) and micro-level factors (e.g., technological advancements, consumer preferences) that may influence the market during the forecast period.
- End-User Sentiment Analysis: To understand the market from the end-user perspective, we conduct sentiment analysis. This involves assessing the sentiment, preferences, and feedback of the end-users, which can provide valuable insights into market trends.
- Perspective of Primary Participants: Insights gathered directly from primary research participants play a crucial role in shaping our forecasts. Their perspectives and experiences provide valuable qualitative data.
- Year-on-Year Growth Trend: We utilize a year-on-year growth trend based on historical market growth and expected future trends. This helps in formulating our growth projections, aligning them with the market's historical performance.