Global Wireless Sensor Market

Global Wireless Sensor Market Size, Share, Growth Analysis, By Offering(Hardware, Software), By Sensor Type(Ambient Light Sensors, Motion & Position Sensors), By Connectivity(Wi-Fi, Bluetooth), By End-Use(Automotive, Transportation) - Industry Forecast 2023-2030


Report ID: SQSG20D2025 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 153 | Figures: 77

Global Wireless Sensor Market Insights

Wireless Sensor Market size was valued at USD 15.5 billion in 2021 and is poised to grow from USD 18.69 billion in 2022 to USD 100.88 billion by 2030, growing at a CAGR of 20.6% in the forecast period (2023-2030).

The global wireless sensors market is expected to expand significantly during the forecast period. This market expansion can be attributed to increasing demand for miniaturised electronic devices and enhanced communication capabilities globally. Over the forecast period, increased demand across many industry verticals is expected to propel market growth. Furthermore, growth in the technology sector has significantly contributed to market expansion. Because of the expansion of Wireless Sensor Networks, the market is expected to grow significantly over the forecast period.

With the adoption of revolutionary techniques for integrating advanced devices into electronic gadgets, technological advancements have taken the market by storm. Growing end-user awareness is expected to drive market expansion. These sensors are primarily used for data monitoring, production scheduling, building automation, material handling, defence, and food and beverage. The market anticipates several opportunities in the manufacture of electrical equipment. For efficient operation, industries now require seamless transmission of data between business and plant systems. As a result, there are numerous opportunities for market augmentation.

Government spending has significantly liberalised the sensors market. The market is expected to grow as sensor manufacturers focus more on enhancing wireless sensing technology. Heavy research and development expenditures to improve receiver accuracy and reliability have expedited market growth. Government regulations, rising demand for new energy sources, and advancements in renewable energy are driving the lucrative growth of the wireless sensor market. They are widespread used in monitoring system of power transmission lines to examine line temperature and weather conditions, and they are an essential component of smart grids. These sensors can also be used for soil monitoring, disaster monitoring, forest fire detection, water management, emission of greenhouse gases and air temperature monitoring, disease detection, precision water management, and vehicular movement. The high physical reach, sustainability, and effectiveness working in harsh operational conditions are driving up demand for these sensors. Furthermore, these sensors are highly cost-effective and require less time to roll out and install. To avoid price competition, industry vendors have emphasised product differentiation. Pressure, surveillance, flow, humidity, pressure, temperature, position, mechanical, proximity, position, motion, chemical, biosensing, and gas sensors are among the sensors available in the wireless sensors market.

US Wireless Sensor Market  is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2023-2030

Global Market Size

USD 15.5 billion

Largest Segment

Transportation

Fastest Growth

Transportation

Growth Rate

20.6% CAGR

Global Wireless Sensor Market ($ Bn)
Country Share for North America Region (%)
Country Share for Aisa Pacific Region (%)
Global Wireless Sensor Market By End-Use ($ Bn)
Global Wireless Sensor Market By End-Use (%)

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Global Wireless Sensor Market Segmental Analysis

The Global Wireless Sensor market is segmented based on Offering, Sensor Type, Connectivity, End-Use, and Region. Based on Offering, the market is segmented into Hardware, Software, Services. Based on Sensor Type, the Wireless Sensor Market is segmented into Ambient Light Sensors, Motion & Position Sensors, Temperature Sensors, Heart Rate Sensors, Pressure Sensors, IMUs (6-Axis, 9-Axis), Accelerometers (3-Axis), Blood Glucose Sensors, Image Sensors, Humidity Sensors, Carbon Monoxide Sensors, Blood Oxygen Sensors, Flow Sensors, Level Sensors, Chemical Sensors, ECG Sensors, Others (MRR, Ultrasonic Sensors, Vehicle Detection Sensors, Pedestrain Presence Sensors, Speed Sensors, Soil Moisture Sensors). Based on Connectivity, the Wireless Sensor Market is segmented into Wi-Fi, Bluetooth, Bluetooth/WLAN, Cellular Network, GPS/GNSS Module, Bluetooth Smart/BLE, ZigBee, NFC, WHART, ISA100, ANT+. Based on End-Use, the Wireless Sensor Market is segmented into automotive and transportation, aerospace and defence, oil and gas, healthcare, manufacturing, retail, agriculture, and others. Based on region the global Wireless Sensor market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.

Wireless Sensor Market Analysis by End-Use

Wireless sensors are used in a variety of industries, including automotive and transportation, aerospace and defence, oil and gas, healthcare, manufacturing, retail, agriculture, and others, to meet rising advanced automation demands. Manufacturing held the largest market share in 2021, and this trend is expected to continue during the forecast period. Sensor nodes are installed on numerous parts of machinery and plants to aid in the detection and analysis of faults. These sensor networks enable sensing of the environment in difficult-to-reach areas. These sensors also aid in determining the overall health of the machines and in providing early warnings of potential failure. As a result, the manufacturing sector's demand for wireless sensor networks is rapidly increasing.

Emerging aerospace and defence applications such as Wireless stabilization in satellites and HVAC are expected to drive market growth. A production system with high accuracy is required in industrial applications. They are used in delicate processes that require controlled process environments, such as chemical mixing. Furthermore, they are also employed in test and measurement instruments to measure the Wireless and quantity of industrial processes. For instance, medical processes have heavily regulated manufacturing environments.

Global Wireless Sensor Market By End-Use, 2021 (%)

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Global Wireless Sensor Market Regional Insights

In 2021, North America held a market share of more than 32%. The growing emphasis on energy conservation in the United States and Canada is expected to drive growth in the North America wireless sensors market during the forecast period. Conserving energy is critical for reducing environmental impact and carbon footprint. In the energy industry, wireless sensors are used to precisely measure stationary and portable weather conditions, wind energy systems, weather stations, building design aerodynamics, and high-altitude weather research balloons. They are also used to monitor automotive emissions, water pollution devices, and mercury sampling from smokestacks. Furthermore, sales of zero power wireless sensors are increasing because they are needed in energy processing low power management to monitor output power and conserve energy.

Furthermore, governments in the region have actively promoted automated driving, and South Korea is one of the world's major car manufacturing countries. As a result, there is a high demand for advanced driver-assistance systems (ADAS) to lead the new industries. This is expected to increase the use of Wireless sensors during the forecast period. Furthermore, various Wireless sensor manufacturers are consistently focusing on R&D activities to improve the performance of the device, thereby boosting the Wireless sensor market in the region.

Global Wireless Sensor Market By Region, 2023-2030
  • Largest
  • Fastest

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Global Wireless Sensor Market Dynamics

Wireless Sensor Market Driver

  • Wireless Sensor Market to be Driven by Rapid Adoption of IOTs and Smart-gadgets

Demand for wireless sensors is expected to rise as sales of Internet - of - things devices such as wearable technology, voice assistants, and others rise. Furthermore, strict government regulations governing worker safety in industries such as mining, oil and gas, and energy transmission will drive the adoption of wireless sensors. Individuals can use these sensors to remotely monitor and control the facility. Wireless sensors are dependable components that are efficient, safe, and adaptable, with the ability to autonomously monitor the usage, performance, and failure of machinery and other equipment. The widespread adoption of IoT in the building and construction sectors will have an impact on the demand for wireless sensors in various countries. Because wireless sensors are high precision, smaller in size, use less power, and control ambient parameters, they will drive sales of smart cities, buildings, and factories. Wireless sensors are cost-effective because they are easy to install and cause little disruption to the facility or workforce. Wireless system installation requires no wiring or significant reforms at the site.

  • The market is being driven by rising demand for Industrial Wireless Sensor Networks

Industrial wireless sensor technology is gaining traction because it allows industries to remote server monitor and control a variety of parameters including temperature, pressure, and vibration. Wireless sensing technology enables businesses to reduce operational costs and boost productivity. It also assists businesses in meeting financial objectives by providing innovative solutions and services. These factors increase the demand for low-cost industrial automation systems, which boosts the growth of the wireless sensor network market. Furthermore, this network offers several advantages over wired industrial monitoring and control systems, including rapid development, self-organization, flexibility, and smart processing capability. The wireless network's dependable and self-healing capabilities, which provide actionable insights into real-time events, are expected to drive market growth.

Wireless Sensor Market Restraint

  • Growing Privacy and Security Concerns Will Limit Market Growth

With the advancement of connectivity technology, the frequency with which data intrusions is increasing. The growing number of gadgets and connections has made data security even more critical. As a result, newly developed network platforms are more complex and, in comparison, less secure. Growing security and privacy concerns have been identified as a major market restraint. When incorporating wireless solutions for industry-specific applications, the safety and security of enterprise data is critical.

Furthermore, the high cost of quality inspection is reflected in an increasingly competitive global marketplace. As a result, quality must be an integral component of the production process, which necessitates process control, either through constant monitoring with the sensor system or by withdrawing the product for inspection at the intermediate production process. As a result, high initial costs are may stymie the growth of Wireless sensor manufacturing and logistics.

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Global Wireless Sensor Market Competitive Landscape

Key companies are investing in research and development to launch advanced sensors with specialised features for a wide range of industrial applications. Furthermore, to strengthen their market position, the majority of well-established companies in the Wireless sensor market are focusing their efforts on acquiring new start-ups. The top players are currently focusing on increasing their sales capacity while also expanding their geographical boundaries. These players are also involved in introducing the latest update series of these sensors with improved operational efficiency and low cost to gain a competitive advantage. Market participants are also raising funds from a variety of investors to meet their financial needs. For instance, Everactive, a provider of IoT solutions, has raised $35 million in funding to develop an innovative line of battery-free wireless sensors. The funds will be used for marketing, research, product development, and testing for industrial applications.

Wireless Sensor Market Top Player's Company Profiles

  • Texas Instruments
  • STMicroelectronics
  • NXP Semiconductors
  • Infineon Technologies
  • Analog Devices Inc.
  • TE Connectivity
  • Honeywell International Inc.
  • Bosch Sensortec GmbH
  • Siemens AG
  • Broadcom Inc.
  • Sensirion AG
  • Murata Manufacturing Co. Ltd.
  • Omron Corporation
  • Memsic Inc.
  • LORD Sensing Systems
  • Libelium Comunicaciones Distribuidas S.L
  • Emerson Electric Co.
  • Yokogawa Electric Corporation
  • Monnit Corporation
  • ABB Ltd.

Wireless Sensor Market Recent Development

  • In June 2022, NOVELDA, a market leader in sensors, has introduced an upgraded ultra-wideband (UWB) proximity sensor. The sensor extends the life of the LCD screen and includes a power-saving mechanism.
  • In May 2022, LUDECA and Sensoteq have announced a collaboration to launch their products in the United States and the Caribbean. The companies will collaborate to launch the new Kappa X wireless sensor for condition monitoring, as well as the cloud-based Analytix software.

Global Wireless Sensor Key Market Trends

  • IR Wireless sensors have traditionally been used in a wide range of defence applications, including optical target spotting and variable emittance measurements, both of which are frequently useful in tracking activities. However, due to the global increase in military spending, all of these application areas are very innovative and have a consistent demand. However, infrared Wireless sensors, like all other sensors on the market, have recently seen increased demand from the manufacturing sectors, primarily as a result of the widespread implementation of Industry 4.0 policies.
  • A wireless infrared tracking system for large-area detection and monitoring would aid in raising awareness and controlling the spread of an outbreak. An effective alert system using a variety of Wireless features, the ability to track and raise an alarm at multiple points, miss no objectives, distinguish between human/animal/organic targets and other high-Wireless objects, and monitor and analyse video/photographic images in real-time are all features of such a system.

Global Wireless Sensor Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our analysis, we found that the manufacturing had the largest market share, and this trend should continue. Sensor nodes on machinery and plants help detect and analyse faults. These sensor networks allow remote environmental sensing. These sensors help determine machine health and provide early failure warnings. Manufacturing's demand for wireless sensor networks is rising.

Growing energy conservation in the U.S. and Canada is expected to drive the North America wireless sensors market during the forecast period. Energy conservation reduces the carbon footprint and environmental impact. Wireless sensors measure stationary and portable weather, wind energy systems, weather stations, building design aerodynamics, and high-altitude weather research balloons in the energy industry. They monitor automotive emissions, water pollution devices, and smokestack mercury. In energy processing low power management, zero power wireless sensors are needed to monitor output power and save energy.

Report Metric Details
Market size value in 2021 USD 15.5 billion
Market size value in 2030 USD 100.88 billion
Growth Rate 20.6%
Base year 2021
Forecast period 2023-2030
Forecast Unit (Value) USD Billion
Segments covered
  • Offering
    • Hardware, Software, Services
  • Sensor Type
    • Ambient Light Sensors, Motion & Position Sensors, Temperature Sensors, Heart Rate Sensors, Pressure Sensors, IMUs (6-Axis, 9-Axis), Accelerometers (3-Axis), Blood Glucose Sensors, Image Sensors, Humidity Sensors, Carbon Monoxide Sensors, Blood Oxygen Sensors, Flow Sensors, Level Sensors, Chemical Sensors, ECG Sensors, Others (MRR, Ultrasonic Sensors, Vehicle Detection Sensors, Pedestrain Presence Sensors, Speed Sensors, Soil Moisture Sensors)
  • Connectivity
    • Wi-Fi, Bluetooth, Bluetooth/WLAN, Cellular Network, GPS/GNSS Module, Bluetooth Smart/BLE, ZigBee, NFC, WHART, ISA100, ANT+
  • End-Use
    • Automotive, Transportation, Aerospace, Defence, Oil, Gas, Healthcare, Manufacturing, Retail, Agriculture, Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Texas Instruments
  • STMicroelectronics
  • NXP Semiconductors
  • Infineon Technologies
  • Analog Devices Inc.
  • TE Connectivity
  • Honeywell International Inc.
  • Bosch Sensortec GmbH
  • Siemens AG
  • Broadcom Inc.
  • Sensirion AG
  • Murata Manufacturing Co. Ltd.
  • Omron Corporation
  • Memsic Inc.
  • LORD Sensing Systems
  • Libelium Comunicaciones Distribuidas S.L
  • Emerson Electric Co.
  • Yokogawa Electric Corporation
  • Monnit Corporation
  • ABB Ltd.
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Wireless Sensor Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Wireless Sensor Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Wireless Sensor Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Wireless Sensor Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Wireless Sensor Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Wireless Sensor Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Wireless Sensor Market size was valued at USD 15.5 billion in 2021 and is poised to grow from USD 18.69 billion in 2022 to USD 100.88 billion by 2030, growing at a CAGR of 20.6% in the forecast period (2023-2030).

Key companies are investing in research and development to launch advanced sensors with specialised features for a wide range of industrial applications. Furthermore, to strengthen their market position, the majority of well-established companies in the Wireless sensor market are focusing their efforts on acquiring new start-ups. The top players are currently focusing on increasing their sales capacity while also expanding their geographical boundaries. These players are also involved in introducing the latest update series of these sensors with improved operational efficiency and low cost to gain a competitive advantage. Market participants are also raising funds from a variety of investors to meet their financial needs. For instance, Everactive, a provider of IoT solutions, has raised $35 million in funding to develop an innovative line of battery-free wireless sensors. The funds will be used for marketing, research, product development, and testing for industrial applications. 'Texas Instruments', 'STMicroelectronics', 'NXP Semiconductors', 'Infineon Technologies', 'Analog Devices Inc.', 'TE Connectivity', 'Honeywell International Inc.', 'Bosch Sensortec GmbH', 'Siemens AG', 'Broadcom Inc.', 'Sensirion AG', 'Murata Manufacturing Co. Ltd.', 'Omron Corporation', 'Memsic Inc.', 'LORD Sensing Systems', 'Libelium Comunicaciones Distribuidas S.L', 'Emerson Electric Co.', 'Yokogawa Electric Corporation', 'Monnit Corporation', 'ABB Ltd.'

Wireless Sensor Market to be Driven by Rapid Adoption of IOTs and Smart-gadgets

IR Wireless sensors have traditionally been used in a wide range of defence applications, including optical target spotting and variable emittance measurements, both of which are frequently useful in tracking activities. However, due to the global increase in military spending, all of these application areas are very innovative and have a consistent demand. However, infrared Wireless sensors, like all other sensors on the market, have recently seen increased demand from the manufacturing sectors, primarily as a result of the widespread implementation of Industry 4.0 policies.

In 2021, North America held a market share of more than 32%. The growing emphasis on energy conservation in the United States and Canada is expected to drive growth in the North America wireless sensors market during the forecast period. Conserving energy is critical for reducing environmental impact and carbon footprint. In the energy industry, wireless sensors are used to precisely measure stationary and portable weather conditions, wind energy systems, weather stations, building design aerodynamics, and high-altitude weather research balloons. They are also used to monitor automotive emissions, water pollution devices, and mercury sampling from smokestacks. Furthermore, sales of zero power wireless sensors are increasing because they are needed in energy processing low power management to monitor output power and conserve energy.

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Global Wireless Sensor Market

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