Connected Things - Report: Using Extended Reality in Wireless Sensor Network Market For 2023 ($93.86 Billion Market)Electronics - RetailUpdated on May 16, 2019 View more like this | Visit United States Minor Outlying Islands, UN | Contact sheetal borkar |
“Wireless Sensor Network Market by Offering (Hardware, Software, Services), Sensor Type, Connectivity Type, End-user Industry (Building Automation, Wearable Devices, Healthcare, Automotive & Transportation, Industrial), and Region - Global Forecast to 2023"
The wireless sensor network (WSN) market, the market was valued at USD 29.06 Billion in 2016 and is expected to reach USD 93.86 Billion by 2023, at a CAGR of 18.55% between 2017 and 2023.
The companies operating in the WSN market have adopted strategies such as product launches, mergers & acquisitions, and partnerships, alliances, agreements, collaborations, joint ventures, and expansions between 2014 and 2017 to grow in the market. Product launches accounted for a share of 55.2% of the overall developments carried out in the market between 2014 and 2017; mergers & acquisitions accounted for 19.4%; and partnerships, alliances, agreements, collaborations, joint ventures, and expansions, collectively, accounted for a share of 25.4% of the overall developments carried out in the market during the same period.
Texas Instruments Inc. held the second position in the wireless sensor network market for nodes in 2016. The company offers sensors under its Analog segment. Its sensors portfolio comprises temperature sensors (IR thermopile temperature sensors and local temperature sensors), analog output, digital output, remote temperature sensors, thermostat/temperature switches, humidity sensors, optical sensors, light sensors, and gas/chemical sensors.
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Product launch is a major strategy adopted by the company to grow in the wireless sensor network. For instance, it launched a sensor interface with integrated power supply, exciter amplifier, and functional safety features. The company also introduced the new Simple Link Bluetooth low-energy CC2540T, which is a highly reliable and low-power wireless microcontroller (MCU). It offers an extended temperature range of -40°C to 125°C and USB connectivity for industrial applications.
Intel Corporation (US) led the wireless sensor network market for gateways in 2016. The company offers various IoT gateways to cater to the connected home, industrial, transportation, energy, and other sectors. Intel Corporation is focused on driving intelligence in new devices and aims to connect billions of existing devices with the help of gateways. Product launches and acquisitions are the major strategies adopted by the company to grow in the wireless sensor network market.
The major players in the wireless sensor network market include Intel Corporation (US), ABB Ltd. (Switzerland), Texas Instruments Inc. (US), Huawei Investment & Holding Co., Ltd. (China), Cisco Systems Inc. (US), STMicroelectronics N.V. (Netherlands), TE Connectivity Ltd. (Switzerland), NXP Semiconductor N.V. (Netherlands), Dell Inc. (US), Hewlett Packard Enterprise Company (US), Robert Bosch GmbH (Germany), Advantech Co., Ltd. (Taiwan), Honeywell International Inc. (US), Broadcom Limited (US), Infineon Technologies AG (Germany), Emerson Electric Company (US), Analog Devices Inc. (US), Eurotech S.p.A (Italy), Invensense Inc. (US), and Sensirion AG (Switzerland). Some of the important start-ups in the market are SmartThings Inc. (US), Episensor Ltd. (Ireland), Notion (US), Helium Systems Inc. (US), and Beep Inc. (US).
For more information visit: https://www.marketsandmarkets.com/Market-Reports/wireless-sensor-networks-market-445.html
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441.
The wireless sensor network (WSN) market, the market was valued at USD 29.06 Billion in 2016 and is expected to reach USD 93.86 Billion by 2023, at a CAGR of 18.55% between 2017 and 2023.
The companies operating in the WSN market have adopted strategies such as product launches, mergers & acquisitions, and partnerships, alliances, agreements, collaborations, joint ventures, and expansions between 2014 and 2017 to grow in the market. Product launches accounted for a share of 55.2% of the overall developments carried out in the market between 2014 and 2017; mergers & acquisitions accounted for 19.4%; and partnerships, alliances, agreements, collaborations, joint ventures, and expansions, collectively, accounted for a share of 25.4% of the overall developments carried out in the market during the same period.
Texas Instruments Inc. held the second position in the wireless sensor network market for nodes in 2016. The company offers sensors under its Analog segment. Its sensors portfolio comprises temperature sensors (IR thermopile temperature sensors and local temperature sensors), analog output, digital output, remote temperature sensors, thermostat/temperature switches, humidity sensors, optical sensors, light sensors, and gas/chemical sensors.
Download PDF Here : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=445
Product launch is a major strategy adopted by the company to grow in the wireless sensor network. For instance, it launched a sensor interface with integrated power supply, exciter amplifier, and functional safety features. The company also introduced the new Simple Link Bluetooth low-energy CC2540T, which is a highly reliable and low-power wireless microcontroller (MCU). It offers an extended temperature range of -40°C to 125°C and USB connectivity for industrial applications.
Intel Corporation (US) led the wireless sensor network market for gateways in 2016. The company offers various IoT gateways to cater to the connected home, industrial, transportation, energy, and other sectors. Intel Corporation is focused on driving intelligence in new devices and aims to connect billions of existing devices with the help of gateways. Product launches and acquisitions are the major strategies adopted by the company to grow in the wireless sensor network market.
The major players in the wireless sensor network market include Intel Corporation (US), ABB Ltd. (Switzerland), Texas Instruments Inc. (US), Huawei Investment & Holding Co., Ltd. (China), Cisco Systems Inc. (US), STMicroelectronics N.V. (Netherlands), TE Connectivity Ltd. (Switzerland), NXP Semiconductor N.V. (Netherlands), Dell Inc. (US), Hewlett Packard Enterprise Company (US), Robert Bosch GmbH (Germany), Advantech Co., Ltd. (Taiwan), Honeywell International Inc. (US), Broadcom Limited (US), Infineon Technologies AG (Germany), Emerson Electric Company (US), Analog Devices Inc. (US), Eurotech S.p.A (Italy), Invensense Inc. (US), and Sensirion AG (Switzerland). Some of the important start-ups in the market are SmartThings Inc. (US), Episensor Ltd. (Ireland), Notion (US), Helium Systems Inc. (US), and Beep Inc. (US).
For more information visit: https://www.marketsandmarkets.com/Market-Reports/wireless-sensor-networks-market-445.html
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441.
