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Industrial Wireless Devices-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Industrial Wireless Devices market size is expected to reach US$ 31670 million by 2029, growing at a CAGR of 11.6% from 2023 to 2029. The market is mainly driven by the significant applications of Industrial Wireless Devices in various end use industries. The expanding demands from the Chemical, Oil & Gas, Pulp & Paper and Electric Power, are propelling Industrial Wireless Devices market. Product (Hardware & Software), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Service segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Industrial Wireless Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Industrial Wireless Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Industrial Wireless Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial Wireless Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Industrial Wireless Devices covered in this report include Emerson, Honeywell International, Siemens, ABB, GE, Eaton, Cisco, Yokogawa Electric and Rockwell Automation, etc.
The global Industrial Wireless Devices market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Emerson
Honeywell International
Siemens
ABB
GE
Eaton
Cisco
Yokogawa Electric
Rockwell Automation
Advantech
Arris
Global Industrial Wireless Devices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Industrial Wireless Devices market, Segment by Type:
Product (Hardware & Software)
Service
Global Industrial Wireless Devices market, by Application
Chemical
Oil & Gas
Pulp & Paper
Electric Power
Water & Wastewater
Metallurgy & Mining
Food & Beverage
Pharmaceutical & Biotech
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Industrial Wireless Devices companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
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.
The global Industrial Wireless Devices market size is expected to reach US$ 31670 million by 2029, growing at a CAGR of 11.6% from 2023 to 2029. The market is mainly driven by the significant applications of Industrial Wireless Devices in various end use industries. The expanding demands from the Chemical, Oil & Gas, Pulp & Paper and Electric Power, are propelling Industrial Wireless Devices market. Product (Hardware & Software), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Service segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Industrial Wireless Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Industrial Wireless Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Industrial Wireless Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial Wireless Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Industrial Wireless Devices covered in this report include Emerson, Honeywell International, Siemens, ABB, GE, Eaton, Cisco, Yokogawa Electric and Rockwell Automation, etc.
The global Industrial Wireless Devices market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Emerson
Honeywell International
Siemens
ABB
GE
Eaton
Cisco
Yokogawa Electric
Rockwell Automation
Advantech
Arris
Global Industrial Wireless Devices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Industrial Wireless Devices market, Segment by Type:
Product (Hardware & Software)
Service
Global Industrial Wireless Devices market, by Application
Chemical
Oil & Gas
Pulp & Paper
Electric Power
Water & Wastewater
Metallurgy & Mining
Food & Beverage
Pharmaceutical & Biotech
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: 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 Three: 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 Four: Detailed analysis of Industrial Wireless Devices companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Industrial Wireless Devices
1.1 Industrial Wireless Devices Market Overview
1.1.1 Industrial Wireless Devices Product Scope
1.1.2 Industrial Wireless Devices Market Status and Outlook
1.2 Global Industrial Wireless Devices Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Industrial Wireless Devices Market Size by Region (2018-2029)
1.4 Global Industrial Wireless Devices Historic Market Size by Region (2018-2023)
1.5 Global Industrial Wireless Devices Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Industrial Wireless Devices Market Size (2018-2029)
1.6.1 North America Industrial Wireless Devices Market Size (2018-2029)
1.6.2 Europe Industrial Wireless Devices Market Size (2018-2029)
1.6.3 Asia-Pacific Industrial Wireless Devices Market Size (2018-2029)
1.6.4 Latin America Industrial Wireless Devices Market Size (2018-2029)
1.6.5 Middle East & Africa Industrial Wireless Devices Market Size (2018-2029)
2 Industrial Wireless Devices Market by Type
2.1 Introduction
2.1.1 Product (Hardware & Software)
2.1.2 Service
2.2 Global Industrial Wireless Devices Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Industrial Wireless Devices Historic Market Size by Type (2018-2023)
2.2.2 Global Industrial Wireless Devices Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Industrial Wireless Devices Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Industrial Wireless Devices Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Industrial Wireless Devices Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Industrial Wireless Devices Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Industrial Wireless Devices Revenue Breakdown by Type (2018-2029)
3 Industrial Wireless Devices Market Overview by Application
3.1 Introduction
3.1.1 Chemical
3.1.2 Oil & Gas
3.1.3 Pulp & Paper
3.1.4 Electric Power
3.1.5 Water & Wastewater
3.1.6 Metallurgy & Mining
3.1.7 Food & Beverage
3.1.8 Pharmaceutical & Biotech
3.1.9 Others
3.2 Global Industrial Wireless Devices Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Industrial Wireless Devices Historic Market Size by Application (2018-2023)
3.2.2 Global Industrial Wireless Devices Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Industrial Wireless Devices Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Industrial Wireless Devices Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Industrial Wireless Devices Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Industrial Wireless Devices Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Industrial Wireless Devices Revenue Breakdown by Application (2018-2029)
4 Industrial Wireless Devices Competition Analysis by Players
4.1 Global Industrial Wireless Devices Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Industrial Wireless Devices as of 2022)
4.3 Date of Key Players Enter into Industrial Wireless Devices Market
4.4 Global Top Players Industrial Wireless Devices Headquarters and Area Served
4.5 Key Players Industrial Wireless Devices Product Solution and Service
4.6 Competitive Status
4.6.1 Industrial Wireless Devices Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Emerson
5.1.1 Emerson Profile
5.1.2 Emerson Main Business
5.1.3 Emerson Industrial Wireless Devices Products, Services and Solutions
5.1.4 Emerson Industrial Wireless Devices Revenue (US$ Million) & (2018-2023)
5.1.5 Emerson Recent Developments
5.2 Honeywell International
5.2.1 Honeywell International Profile
5.2.2 Honeywell International Main Business
5.2.3 Honeywell International Industrial Wireless Devices Products, Services and Solutions
5.2.4 Honeywell International Industrial Wireless Devices Revenue (US$ Million) & (2018-2023)
5.2.5 Honeywell International Recent Developments
5.3 Siemens
5.3.1 Siemens Profile
5.3.2 Siemens Main Business
5.3.3 Siemens Industrial Wireless Devices Products, Services and Solutions
5.3.4 Siemens Industrial Wireless Devices Revenue (US$ Million) & (2018-2023)
5.3.5 ABB Recent Developments
5.4 ABB
5.4.1 ABB Profile
5.4.2 ABB Main Business
5.4.3 ABB Industrial Wireless Devices Products, Services and Solutions
5.4.4 ABB Industrial Wireless Devices Revenue (US$ Million) & (2018-2023)
5.4.5 ABB Recent Developments
5.5 GE
5.5.1 GE Profile
5.5.2 GE Main Business
5.5.3 GE Industrial Wireless Devices Products, Services and Solutions
5.5.4 GE Industrial Wireless Devices Revenue (US$ Million) & (2018-2023)
5.5.5 GE Recent Developments
5.6 Eaton
5.6.1 Eaton Profile
5.6.2 Eaton Main Business
5.6.3 Eaton Industrial Wireless Devices Products, Services and Solutions
5.6.4 Eaton Industrial Wireless Devices Revenue (US$ Million) & (2018-2023)
5.6.5 Eaton Recent Developments
5.7 Cisco
5.7.1 Cisco Profile
5.7.2 Cisco Main Business
5.7.3 Cisco Industrial Wireless Devices Products, Services and Solutions
5.7.4 Cisco Industrial Wireless Devices Revenue (US$ Million) & (2018-2023)
5.7.5 Cisco Recent Developments
5.8 Yokogawa Electric
5.8.1 Yokogawa Electric Profile
5.8.2 Yokogawa Electric Main Business
5.8.3 Yokogawa Electric Industrial Wireless Devices Products, Services and Solutions
5.8.4 Yokogawa Electric Industrial Wireless Devices Revenue (US$ Million) & (2018-2023)
5.8.5 Yokogawa Electric Recent Developments
5.9 Rockwell Automation
5.9.1 Rockwell Automation Profile
5.9.2 Rockwell Automation Main Business
5.9.3 Rockwell Automation Industrial Wireless Devices Products, Services and Solutions
5.9.4 Rockwell Automation Industrial Wireless Devices Revenue (US$ Million) & (2018-2023)
5.9.5 Rockwell Automation Recent Developments
5.10 Advantech
5.10.1 Advantech Profile
5.10.2 Advantech Main Business
5.10.3 Advantech Industrial Wireless Devices Products, Services and Solutions
5.10.4 Advantech Industrial Wireless Devices Revenue (US$ Million) & (2018-2023)
5.10.5 Advantech Recent Developments
5.11 Arris
5.11.1 Arris Profile
5.11.2 Arris Main Business
5.11.3 Arris Industrial Wireless Devices Products, Services and Solutions
5.11.4 Arris Industrial Wireless Devices Revenue (US$ Million) & (2018-2023)
5.11.5 Arris Recent Developments
6 North America
6.1 North America Industrial Wireless Devices Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Industrial Wireless Devices Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Industrial Wireless Devices Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Industrial Wireless Devices Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Industrial Wireless Devices Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Industrial Wireless Devices Market Dynamics
11.1 Industrial Wireless Devices Industry Trends
11.2 Industrial Wireless Devices Market Drivers
11.3 Industrial Wireless Devices Market Challenges
11.4 Industrial Wireless Devices Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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