Total sales in the global wireless sensors market are projected to top USD 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 USD 24,768 million by 2032.
Report Attribute | Key Statistics |
---|---|
Wireless Sensors Market Expected Market Value (2022) | USD 5,876.3 Million |
Wireless Sensors Market Anticipated Forecast Value (2032) | USD 24,768 Million |
Wireless Sensors Market Projected Growth Rate (2022 to 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.
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 USA 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.
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 USD Million and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered | Type, End User, Connectivity, Region |
Regions Covered | North America; Latin America; Western Europe; Eastern Europe; APEJ; Japan; Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
Key Companies Profiled | ABB; Adaptive Energy; Ambient Micro; Apprion; Aruba Networks; Atmel; BAE Systems; BSC Computer; Cardiomems; Chevron; Cymbet; Dust Networks; ELTAV; Ember; Emerson; Enocean; Gastronics; Greenpeak; Microstrain |
Customization | Available Upon Request |
Table 1: Global Wireless Sensors Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 2: Global Wireless Sensors Market Volume (Units) Forecast by Region, 2017-2032
Table 3: Global Wireless Sensors Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 4: Global Wireless Sensors Market Volume (Units) Forecast by Type, 2017-2032
Table 5: Global Wireless Sensors Market Value (US$ Mn) Forecast by End-user, 2017-2032
Table 6: Global Wireless Sensors Market Volume (Units) Forecast by End-user, 2017-2032
Table 7: North America Wireless Sensors Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 8: North America Wireless Sensors Market Volume (Units) Forecast by Country, 2017-2032
Table 9: North America Wireless Sensors Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 10: North America Wireless Sensors Market Volume (Units) Forecast by Type, 2017-2032
Table 11: North America Wireless Sensors Market Value (US$ Mn) Forecast by End-user, 2017-2032
Table 12: North America Wireless Sensors Market Volume (Units) Forecast by End-user, 2017-2032
Table 13: Latin America Wireless Sensors Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 14: Latin America Wireless Sensors Market Volume (Units) Forecast by Country, 2017-2032
Table 15: Latin America Wireless Sensors Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 16: Latin America Wireless Sensors Market Volume (Units) Forecast by Type, 2017-2032
Table 17: Latin America Wireless Sensors Market Value (US$ Mn) Forecast by End-user, 2017-2032
Table 18: Latin America Wireless Sensors Market Volume (Units) Forecast by End-user, 2017-2032
Table 19: Europe Wireless Sensors Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 20: Europe Wireless Sensors Market Volume (Units) Forecast by Country, 2017-2032
Table 21: Europe Wireless Sensors Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 22: Europe Wireless Sensors Market Volume (Units) Forecast by Type, 2017-2032
Table 23: Europe Wireless Sensors Market Value (US$ Mn) Forecast by End-user, 2017-2032
Table 24: Europe Wireless Sensors Market Volume (Units) Forecast by End-user, 2017-2032
Table 25: Asia Pacific Wireless Sensors Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 26: Asia Pacific Wireless Sensors Market Volume (Units) Forecast by Country, 2017-2032
Table 27: Asia Pacific Wireless Sensors Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 28: Asia Pacific Wireless Sensors Market Volume (Units) Forecast by Type, 2017-2032
Table 29: Asia Pacific Wireless Sensors Market Value (US$ Mn) Forecast by End-user, 2017-2032
Table 30: Asia Pacific Wireless Sensors Market Volume (Units) Forecast by End-user, 2017-2032
Table 31: MEA Wireless Sensors Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 32: MEA Wireless Sensors Market Volume (Units) Forecast by Country, 2017-2032
Table 33: MEA Wireless Sensors Market Value (US$ Mn) Forecast by Type, 2017-2032
Table 34: MEA Wireless Sensors Market Volume (Units) Forecast by Type, 2017-2032
Table 35: MEA Wireless Sensors Market Value (US$ Mn) Forecast by End-user, 2017-2032
Table 36: MEA Wireless Sensors Market Volume (Units) Forecast by End-user, 2017-2032
Figure 1: Global Wireless Sensors Market Value (US$ Mn) by Type, 2022-2032
Figure 2: Global Wireless Sensors Market Value (US$ Mn) by End-user, 2022-2032
Figure 3: Global Wireless Sensors Market Value (US$ Mn) by Region, 2022-2032
Figure 4: Global Wireless Sensors Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 5: Global Wireless Sensors Market Volume (Units) Analysis by Region, 2017-2032
Figure 6: Global Wireless Sensors Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 7: Global Wireless Sensors Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 8: Global Wireless Sensors Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 9: Global Wireless Sensors Market Volume (Units) Analysis by Type, 2017-2032
Figure 10: Global Wireless Sensors Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 11: Global Wireless Sensors Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 12: Global Wireless Sensors Market Value (US$ Mn) Analysis by End-user, 2017-2032
Figure 13: Global Wireless Sensors Market Volume (Units) Analysis by End-user, 2017-2032
Figure 14: Global Wireless Sensors Market Value Share (%) and BPS Analysis by End-user, 2022-2032
Figure 15: Global Wireless Sensors Market Y-o-Y Growth (%) Projections by End-user, 2022-2032
Figure 16: Global Wireless Sensors Market Attractiveness by Type, 2022-2032
Figure 17: Global Wireless Sensors Market Attractiveness by End-user, 2022-2032
Figure 18: Global Wireless Sensors Market Attractiveness by Region, 2022-2032
Figure 19: North America Wireless Sensors Market Value (US$ Mn) by Type, 2022-2032
Figure 20: North America Wireless Sensors Market Value (US$ Mn) by End-user, 2022-2032
Figure 21: North America Wireless Sensors Market Value (US$ Mn) by Country, 2022-2032
Figure 22: North America Wireless Sensors Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 23: North America Wireless Sensors Market Volume (Units) Analysis by Country, 2017-2032
Figure 24: North America Wireless Sensors Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 25: North America Wireless Sensors Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 26: North America Wireless Sensors Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 27: North America Wireless Sensors Market Volume (Units) Analysis by Type, 2017-2032
Figure 28: North America Wireless Sensors Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 29: North America Wireless Sensors Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 30: North America Wireless Sensors Market Value (US$ Mn) Analysis by End-user, 2017-2032
Figure 31: North America Wireless Sensors Market Volume (Units) Analysis by End-user, 2017-2032
Figure 32: North America Wireless Sensors Market Value Share (%) and BPS Analysis by End-user, 2022-2032
Figure 33: North America Wireless Sensors Market Y-o-Y Growth (%) Projections by End-user, 2022-2032
Figure 34: North America Wireless Sensors Market Attractiveness by Type, 2022-2032
Figure 35: North America Wireless Sensors Market Attractiveness by End-user, 2022-2032
Figure 36: North America Wireless Sensors Market Attractiveness by Country, 2022-2032
Figure 37: Latin America Wireless Sensors Market Value (US$ Mn) by Type, 2022-2032
Figure 38: Latin America Wireless Sensors Market Value (US$ Mn) by End-user, 2022-2032
Figure 39: Latin America Wireless Sensors Market Value (US$ Mn) by Country, 2022-2032
Figure 40: Latin America Wireless Sensors Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 41: Latin America Wireless Sensors Market Volume (Units) Analysis by Country, 2017-2032
Figure 42: Latin America Wireless Sensors Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 43: Latin America Wireless Sensors Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 44: Latin America Wireless Sensors Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 45: Latin America Wireless Sensors Market Volume (Units) Analysis by Type, 2017-2032
Figure 46: Latin America Wireless Sensors Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 47: Latin America Wireless Sensors Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 48: Latin America Wireless Sensors Market Value (US$ Mn) Analysis by End-user, 2017-2032
Figure 49: Latin America Wireless Sensors Market Volume (Units) Analysis by End-user, 2017-2032
Figure 50: Latin America Wireless Sensors Market Value Share (%) and BPS Analysis by End-user, 2022-2032
Figure 51: Latin America Wireless Sensors Market Y-o-Y Growth (%) Projections by End-user, 2022-2032
Figure 52: Latin America Wireless Sensors Market Attractiveness by Type, 2022-2032
Figure 53: Latin America Wireless Sensors Market Attractiveness by End-user, 2022-2032
Figure 54: Latin America Wireless Sensors Market Attractiveness by Country, 2022-2032
Figure 55: Europe Wireless Sensors Market Value (US$ Mn) by Type, 2022-2032
Figure 56: Europe Wireless Sensors Market Value (US$ Mn) by End-user, 2022-2032
Figure 57: Europe Wireless Sensors Market Value (US$ Mn) by Country, 2022-2032
Figure 58: Europe Wireless Sensors Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 59: Europe Wireless Sensors Market Volume (Units) Analysis by Country, 2017-2032
Figure 60: Europe Wireless Sensors Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 61: Europe Wireless Sensors Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 62: Europe Wireless Sensors Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 63: Europe Wireless Sensors Market Volume (Units) Analysis by Type, 2017-2032
Figure 64: Europe Wireless Sensors Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 65: Europe Wireless Sensors Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 66: Europe Wireless Sensors Market Value (US$ Mn) Analysis by End-user, 2017-2032
Figure 67: Europe Wireless Sensors Market Volume (Units) Analysis by End-user, 2017-2032
Figure 68: Europe Wireless Sensors Market Value Share (%) and BPS Analysis by End-user, 2022-2032
Figure 69: Europe Wireless Sensors Market Y-o-Y Growth (%) Projections by End-user, 2022-2032
Figure 70: Europe Wireless Sensors Market Attractiveness by Type, 2022-2032
Figure 71: Europe Wireless Sensors Market Attractiveness by End-user, 2022-2032
Figure 72: Europe Wireless Sensors Market Attractiveness by Country, 2022-2032
Figure 73: Asia Pacific Wireless Sensors Market Value (US$ Mn) by Type, 2022-2032
Figure 74: Asia Pacific Wireless Sensors Market Value (US$ Mn) by End-user, 2022-2032
Figure 75: Asia Pacific Wireless Sensors Market Value (US$ Mn) by Country, 2022-2032
Figure 76: Asia Pacific Wireless Sensors Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 77: Asia Pacific Wireless Sensors Market Volume (Units) Analysis by Country, 2017-2032
Figure 78: Asia Pacific Wireless Sensors Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 79: Asia Pacific Wireless Sensors Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 80: Asia Pacific Wireless Sensors Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 81: Asia Pacific Wireless Sensors Market Volume (Units) Analysis by Type, 2017-2032
Figure 82: Asia Pacific Wireless Sensors Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 83: Asia Pacific Wireless Sensors Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 84: Asia Pacific Wireless Sensors Market Value (US$ Mn) Analysis by End-user, 2017-2032
Figure 85: Asia Pacific Wireless Sensors Market Volume (Units) Analysis by End-user, 2017-2032
Figure 86: Asia Pacific Wireless Sensors Market Value Share (%) and BPS Analysis by End-user, 2022-2032
Figure 87: Asia Pacific Wireless Sensors Market Y-o-Y Growth (%) Projections by End-user, 2022-2032
Figure 88: Asia Pacific Wireless Sensors Market Attractiveness by Type, 2022-2032
Figure 89: Asia Pacific Wireless Sensors Market Attractiveness by End-user, 2022-2032
Figure 90: Asia Pacific Wireless Sensors Market Attractiveness by Country, 2022-2032
Figure 91: MEA Wireless Sensors Market Value (US$ Mn) by Type, 2022-2032
Figure 92: MEA Wireless Sensors Market Value (US$ Mn) by End-user, 2022-2032
Figure 93: MEA Wireless Sensors Market Value (US$ Mn) by Country, 2022-2032
Figure 94: MEA Wireless Sensors Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 95: MEA Wireless Sensors Market Volume (Units) Analysis by Country, 2017-2032
Figure 96: MEA Wireless Sensors Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 97: MEA Wireless Sensors Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 98: MEA Wireless Sensors Market Value (US$ Mn) Analysis by Type, 2017-2032
Figure 99: MEA Wireless Sensors Market Volume (Units) Analysis by Type, 2017-2032
Figure 100: MEA Wireless Sensors Market Value Share (%) and BPS Analysis by Type, 2022-2032
Figure 101: MEA Wireless Sensors Market Y-o-Y Growth (%) Projections by Type, 2022-2032
Figure 102: MEA Wireless Sensors Market Value (US$ Mn) Analysis by End-user, 2017-2032
Figure 103: MEA Wireless Sensors Market Volume (Units) Analysis by End-user, 2017-2032
Figure 104: MEA Wireless Sensors Market Value Share (%) and BPS Analysis by End-user, 2022-2032
Figure 105: MEA Wireless Sensors Market Y-o-Y Growth (%) Projections by End-user, 2022-2032
Figure 106: MEA Wireless Sensors Market Attractiveness by Type, 2022-2032
Figure 107: MEA Wireless Sensors Market Attractiveness by End-user, 2022-2032
Figure 108: MEA Wireless Sensors Market Attractiveness by Country, 2022-2032
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.
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