NEW YORK, June 11, 2021 /PRNewswire/ -- The industrial
wireless market in the process industries is expected to grow by
USD 2.70 billion during 2021-2025,
according to Technavio. The report offers a detailed analysis of
the impact of the industrial wireless market in the process
industries in optimistic, probable, and pessimistic forecast
scenarios.
Technavio's in-depth market research reports
include value chain analysis and validation techniques to help
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With the continuing spread of the novel coronavirus pandemic,
organizations across the globe are gradually flattening their
recessionary curve by leveraging technology. Many businesses will
go through response, recovery, and renewal phases. As per
Technavio's pandemic-focused market research, market growth is
likely to increase in 2021 as compared to 2020.
This post-pandemic business planning research will aid
clients to:
- Adjust their strategic planning to move ahead once
business stability kicks in.
- Build Resilience by making effective resource and
investment choices for individual business units, products,
and service lines.
- Conceptualize scenario-based planning to mitigate future
crisis situations.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand
destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets
as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
Major Three Industrial Wireless Market In Process Industries
Market Participants:
ABB Ltd.
ABB Ltd. offers
TropOS mesh routers, antennas, wireless I/O modules, wireless
sensor/actuator interfaces, and wireless power supplies for the
industrial and process automation sector.
Belden Inc.
Belden Inc. offers industrial wireless
solutions such as OpenBAT Wireless platform, BAT450-F Industrial
Wireless LAN Access Points, BAT867-R Industrial Wireless Access
Points, Wireless LAN controller, and BAT-C Wireless LAN Client for
process industries.
Cisco Systems Inc.
Cisco Systems Inc. offers a range
of industrial wireless solutions under the Cisco Aironet Series and
Cisco Industrial Wireless 3700 Series.
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Industrial Wireless Market In Process Industries 2021-2025:
Segmentation
The industrial wireless market in process
industries is segmented as below:
- Technology
-
- WLAN
- WirelessHART
- WiMAX
- Others
- End-user
-
- OGPI
- Power Industry
- Water And Wastewater Industry
- Others
- Geography
-
- APAC
- North America
- Europe
- The Middle East and
Africa
- South America
The industrial wireless market in the process industries is
driven by the reduction in installation and retrofit costs. In
addition, the enhancing connectivity in businesses is expected to
trigger the industrial wireless market in the process industries
toward witnessing a CAGR of over 10% during the forecast
period.
Get more insights about the global trends
impacting the future of the industrial wireless market in process
industries market, Request Free Sample @
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Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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