PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1665355
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1665355
Industrial Wireless Sensor Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Industrial Wireless Sensor Market was valued at USD 5.9 billion in 2024 and is projected to grow at an impressive CAGR of 12.9% between 2025 and 2034. This remarkable growth is fueled by the rapid adoption of industrial automation, as businesses increasingly embrace advanced technologies to reduce human intervention, enhance operational efficiency, and ensure safety in high-risk environments. Wireless sensors play a pivotal role in enabling seamless machine-to-machine communication, facilitating real-time data collection and control. These capabilities support critical applications such as process optimization, quality assurance, and predictive maintenance, making wireless sensors indispensable to modern industrial operations.
The market spans a wide range of product types, including flow sensors, light sensor networks, temperature sensors, gas sensors, humidity sensors, pressure sensors, level sensor networks, motion and position sensor networks, chemical sensor networks, and others. Among these, chemical sensor networks are expected to witness significant growth, with projections reaching USD 4.1 billion by 2034. These sensors are essential for industries such as oil and gas, pharmaceuticals, and food processing, where monitoring chemical compositions and detecting hazardous substances is paramount. Their wireless connectivity allows deployment in remote or hazardous locations, while advancements in miniaturization and adherence to stringent safety regulations further accelerate market expansion.
| Market Scope | |
|---|---|
| Start Year | 2024 |
| Forecast Year | 2025-2034 |
| Start Value | $5.9 Billion |
| Forecast Value | $19.8 Billion |
| CAGR | 12.9% |
Connectivity options in the industrial wireless sensor market include Wi-Fi, LoRaWAN, Bluetooth, Zigbee, Near Field Communication (NFC), WirelessHART, Cellular Network, and ISA 100.11a. LoRaWAN stands out as the fastest-growing segment, anticipated to grow at a CAGR of 15.7% during the forecast period. Its popularity stems from its suitability for long-range, low-power applications, such as remote monitoring in industries like oil and gas and agriculture. LoRaWAN's ability to transmit data over long distances while consuming minimal energy makes it ideal for large-scale IoT implementations, particularly in industries requiring extensive sensor networks.
The United States leads the industrial wireless sensor market, holding a dominant share of 82.2% in 2024. This leadership is driven by the rapid adoption of Industrial Internet of Things (IIoT) technologies, advanced manufacturing practices, and significant investments in automation and smart factory initiatives. Government incentives aimed at fostering industrial modernization further boost the market's growth. The U.S. also benefits from the presence of leading market players and robust technological infrastructure, which fuel innovation and drive the demand for energy-efficient solutions. Wireless sensors are becoming integral across diverse industries, solidifying their role in shaping the future of industrial operations.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Base estimates & calculations
- 1.3 Forecast calculations
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry synopsis, 2021-2034
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.2 Supplier landscape
- 3.3 Profit margin analysis
- 3.4 Key news & initiatives
- 3.5 Regulatory landscape
- 3.6 Impact forces
- 3.6.1 Growth drivers
- 3.6.1.1 Increasing adoption of industrial automation
- 3.6.1.2 Expansion of Industrial IoT (IIoT)
- 3.6.1.3 Advancements in wireless communication technologies
- 3.6.1.4 Rising focus on energy efficiency and sustainability
- 3.6.1.5 Increasing demand for remote monitoring and predictive maintenance
- 3.6.2 Industry pitfalls & challenges
- 3.6.2.1 Concerns over data security and privacy
- 3.6.2.2 High initial deployment costs and complexity
- 3.6.1 Growth drivers
- 3.7 Growth potential analysis
- 3.8 Porter’s analysis
- 3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Product Type, 2021-2034 (USD Billion & Units)
- 5.1 Key trends
- 5.2 Temperature sensor
- 5.3 Gas sensor
- 5.4 Pressure sensor
- 5.5 Humidity sensor
- 5.6 Flow sensor
- 5.7 Level sensor networks
- 5.8 Motion & position sensor networks
- 5.9 Light sensor networks
- 5.10 Chemical sensor networks
- 5.11 Other
Chapter 6 Market Estimates & Forecast, By Connectivity, 2021-2034 (USD Billion & Units)
- 6.1 Key trends
- 6.2 Wi-Fi
- 6.3 Bluetooth
- 6.4 LoRaWAN
- 6.5 Zigbee
- 6.6 Near Field Communication (NFC)
- 6.7 Cellular network
- 6.8 WirelessHART
- 6.9 ISA 100.11a
Chapter 7 Market Estimates & Forecast, By Application, 2021-2034 (USD Billion & Units)
- 7.1 Key trends
- 7.2 Machine monitoring
- 7.3 Asset tracking
- 7.4 Process control
- 7.5 Safety management
- 7.6 Predictive maintenance
- 7.7 Environmental monitoring
- 7.8 Others
Chapter 8 Market Estimates & Forecast, By End Use, 2021-2034 (USD Billion & Units)
- 8.1 Key trends
- 8.2 Automotive
- 8.3 Manufacturing
- 8.4 Oil & gas
- 8.5 Utilities
- 8.6 Mining
- 8.7 Others
Chapter 9 Market Estimates & Forecast, By Region, 2021-2034 (USD Billion & Units)
- 9.1 Key trends
- 9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Russia
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 Australia
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.6 MEA
- 9.6.1 South Africa
- 9.6.2 Saudi Arabia
- 9.6.3 UAE
Chapter 10 Company Profiles
- 10.1 ABB Ltd.
- 10.2 Advantech Co., Ltd.
- 10.3 Analog Devices, Inc.
- 10.4 Banner Engineering Corp.
- 10.5 Beanair SAS
- 10.6 Bosch Sensortec GmbH
- 10.7 Digi International Inc.
- 10.8 Emerson Electric Co.
- 10.9 Endress+Hauser Group
- 10.10 General Electric Company
- 10.11 Honeywell International Inc.
- 10.12 Microchip Technology Inc.
- 10.13 Mitsubishi Electric Corporation
- 10.14 NXP Semiconductors N.V.
- 10.15 Omron Corporation
- 10.16 Pepperl+Fuchs SE
- 10.17 Rockwell Automation, Inc.
- 10.18 Schneider Electric SE
- 10.19 Sensata Technologies Holding PLC
- 10.20 Siemens AG
- 10.21 STMicroelectronics N.V.
- 10.22 TE Connectivity Ltd.
- 10.23 Texas Instruments Incorporated
- 10.24 Yokogawa Electric Corporation
