Market Research Report
Industrial Wireless Automation Market by Solution, End-user, and Geography - Forecast and Analysis 2020-2024
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||793684|
|Published||Content info||120 Pages
Delivery time: 1-2 business days
|Industrial Wireless Automation Market by Solution, End-user, and Geography - Forecast and Analysis 2020-2024|
|Published: February 12, 2020||Content info: 120 Pages||
Technavio has been monitoring the global industrial wireless automation market and it is poised to grow by USD 2.03 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period. Our reports on global industrial wireless automation market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing adoption of high-speed communication network solutions for fast data transfer in industrial sector.
In addition, increasing focus on predictive maintenance is anticipated to boost the growth of the global industrial wireless automation market as well.
Technavio's global industrial wireless automation market is segmented as below:
This study identifies increasing focus on predictive maintenance as the prime reasons driving the global industrial wireless automation market growth during the next few years.
We provide a detailed analysis of around 25 vendors operating in the global industrial wireless automation market, including some of the vendors such as ABB Ltd., Cisco Systems Inc., Emerson Electric Co., General Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG and Yokogawa Electric Corp. .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.