(PRWEB) August 16, 2012
According to a new market research report “Industrial Wireless Sensor Networks (IWSN) Market – Global Forecast & Analysis (2012 – 2017): By Technology, Components, Applications, Geography” published by MarketsandMarkets (http://www.marketsandmarkets.com), the IWSN market is expected to reach $3.795 billion by 2017 at a CAGR of 15.58% from 2012 to 2017.
Browse 72 tables and in-depth TOC on “Industrial Wireless Sensor Networks (IWSN) Market – Global Forecast & Analysis (2012 – 2017): By Technology, Components, Applications, Geography”.
Early buyers will receive 10% customization on reports.
The Industrial Wireless Sensor Networks (IWSN) Market for Manufacturing & Process Control Automation market is expected to grow from $1.610 billion in 2011 to $3.795 billion in 2017, at a CAGR of 15.58% from 2012 to 2017. The key companies with respect to Industrial Wireless Sensor Networks (IWSN) Market for Manufacturing & Process Control Automation include Emerson (U.S.), GE Energy (U.S.), Honeywell (U.S.), ABB (Switzerland), Endress+Hauser (Switzerland), Siemens (Germany), Yokogawa (Japan), Yamatake (Japan), Invensys (U.K.), Mitsubishi (Japan), and others.
Due to the rise in demand for wireless sensor networks in recent times, significant shift is observed from traditional, wired technologies to upcoming wireless technologies. Asia-Pacific is expected to grow at the highest rate due to increase in production activities in APAC, huge population base, and lucrative government policies. China is, in fact, the growth engine for automation in Asia-Pacific; in spite of lower levels of plant automation. India is also gaining market shares worldwide.
The WSN consists of "nodes" – from a few to several hundreds or even thousands, where each node is connected to one (or sometimes several) sensor. Each such sensor network node has typically several parts: a radio transceiver with an internal antenna or connection to an external antenna, a microcontroller, an electronic circuit for interfacing with the sensors and an energy source, usually a battery or an embedded form of energy harvesting. A sensor node might vary in size from that of a shoebox down to the size of a grain of dust, although functioning "motes" of genuine microscopic dimensions are yet to be created. The cost of sensor nodes is similarly variable, ranging from a few to hundreds of dollars, depending on the complexity of the individual sensor nodes. Size and cost constraints on sensor nodes result in corresponding constraints on resources such as energy, memory, computational speed, and communications bandwidth. The topology of the WSNs can vary from a simple star network to an advanced multi-hop wireless mesh network. The propagation technique between the hops of the network can be routing or flooding.
The major technologies used in IWSN market are WirelessHART, ISA100.11a, 6loWPAN, Proprietary, other technologies such as IEEE 802.11, ZigBee, Bluetooth, GPRS, GSM, and CDMA. The WirelessHART standard is widely spread in the industrial sector. Nearly 70% of process control automation installed globally uses WirelessHART standard. The IWSN market has developed rapidly in Americas (till date), particularly in the U.S. than in Asia-Pacific, Europe, and Rest of the World due to the heavy funding available there in U.S.
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. To know more about us and our reports, please visit our website http://www.marketsandmarkets.com
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252