Industrial Wireless Sensor Networks Market Worth $944.92 Million by 2020 – New Report by MarketsandMarkets
(PRWEB) December 29, 2014 -- The report segments the Industrial Wireless Sensor Network Market on the basis of different types of sensors, technologies, applications, and geographies. Furthermore, it provides analysis about the market size and revenue forecasts. The geographic analysis in the report contains the in-depth classification of the key region, namely, Americas, Europe, and APAC. The Middle-East and Africa as well as Latin America have been classified under the RoW region. Each of these geographies has further been split by the major countries existing in this market.
Wireless sensor networks are distributed sensing platforms with communication and controlling capabilities, low cost, fast deployment, flexibility, and embedded intelligence for cooperatively delivering value added services. The research report categorizes the Industrial Wireless Sensor Network market into four different segments, namely sensor types, technology, application, and geography. This segmentation provides additional information about the industry landscape and growth opportunities for the key players.
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This report focuses on giving an insight into the complete landscape of Market through the combination of market segmentation, qualitative analysis and forecasts. It estimates the market growth for the time frame ranging from 2014 to 2020. According to the report, the global market is expected to reach $944.92 million by 2020, growing at a CAGR of 12.96% from 2014 to 2020.
The report also profiles the major companies active in this field, including ABB Ltd. (Switzerland), Emerson Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Yokogawa Electric Corporation (Japan), and General Electric (U.S.), among others.
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