The global industrial wireless sensor network (IWSN) market size was valued at USD 2.64 billion in 2016 and is estimated to grow significantly over the coming years. IWSN is a network infrastructure that enables connectivity between sensor nodes and gateways without fiber cables. It also facilitates enhanced communication through radio nodes arranged in appropriate topologies. Thus, demand for IWSN has been increasing over the past few years and this trend is expected to continue over the forecast period.
Growing network infrastructure demand and focus on Internet of Things (IoT) devices have fueled market growth. Emerging economies are emphasizing on improving communication links between industrial devices to ensure seamless communication using wireless systems. Thus, industries such as oil and gasand utilities are implementing wireless sensor networks, as they are functional in remote locations and support mobility.
Increasing demand for WirelessHART and ISA-100.11a technologies and their rapid adoption in the market are expected to drive market growth. Moreover, wide-scale implementation of wireless networks for monitoring applications and their compact size are expected to positively influence growth over the forecast period. However, factors such as limited bandwidth and battery life are proving to be challenge for players in the market.
Growing regulations and policies imposed by government agencies, such as International Labor Organization (ILO) and Mine Safety and Health Administration (MSHA), have resulted in large-scale implementation of wireless sensor networks (WSN) in different industries. Moreover, smart manufacturing and Industrial Internet of Things (IIoT) have increased the implementation of wireless networks for data transferring.
In 2016, The United States Department of Energy estimated that 23.0% of the electricity is used in electric, motor-driven systems in U.S. The implementation of a WSN in advanced energy management solutions reduced power consumption by 18.0%. Eaton Corporation is focusing on developing and deploying a self-configuring WSN that operates within a range of open wireless protocols and can integrate with advanced energy management software.
Various governments are launching different programs to enhance connectivity and introduce mobility of systems, along with easy access to data. For instance, in U.S., El Paso city launched a project called ‘Digital El Paso’ to boost the application of wireless sensor networks. Such programs are creating growth opportunities for manufacturers in the IWSN market.
Growing need for service-oriented software architecture and self-organization networks has increased the demand for wireless sensor networks in various industries. The implementation of Software Defined Network (SDN) in IWSN to improve efficiency and sustainability is further driving market growth.
The growth of the hardware segment can be attributed to increasing use of sensor nodes, routers, and gateways to create network infrastructure. Moreover, installation of hardware enables easy integration of data, thereby allowing centralization of monitoring applications.
The flow sensor segment dominated the market by type in 2016, owing to increasing application in oil and gas, chemical, and food and beverage industries for inferentially measuring flow rates of liquids or fluids. Moreover, numerous companies are developing piezoelectric flow sensors coupled with wireless sensor nodes to reduce power consumption in the oil and gas industry.
Gas sensors are expected to form the fastest-growing segment, owing to large-scale application in industrial operations. These sensors help detect concentration of harmful gases released into the environment during a manufacturing process. Moreover, the adoption of gas sensors in industries such as oil and gas, pharmaceuticals, chemical and petroleum, building automation, and food and beverages is increasing, as they are cost-effective and compact.
WirelessHART dominated the IWSN market in 2016, owing to benefits such as provision of a user-friendly environment by maintaining compatibility within existing devices, tools, and systems. WirelessHART is widely used in open wireless communication, which is further used for process measurement and monitoring applications. Moreover, it is extensively used in industries such as oil and gas, utilities, and manufacturing owing to benefits such as cost-effectiveness and reduced complexity.
Cellular network technologies are used for gateway communications. A cellular network is used to update information on cloud servers and the information can be accessed from any location. Increasing demand for Internet of Things (IoT) and smart manufacturing is expected to further drive cellular technology in the industrial wireless sensor network (IWSN) market over the forecast period.
The adoption of IWSNs for process monitoring has been increasing in industries such as oil and gas and automotive. Compared to wired solutions, IWSN offers several advantages such as elimination of wiring constraints, easy maintenance, and reduced costs.
Asset tracking is expected to be the fastest-growing segment owing to reduced costs and enhanced operational efficiency. Moreover, availability of reliable solutions with improved battery life and a relatively longer range of wireless connectivity has led to the widespread adoption of asset tracking solutions in the manufacturing and logistics industries.
The adoption of IWSN is expected to gain traction in the oil and gas end-use segment. IWSNs have sensing, processing, and communicating capabilities, which make them ideal for monitoring different upstream, midstream, and downstream operations in the oil and gas industry. The use of IWSNs helps increase production, decrease accidents, and reduce maintenance costs and malfunctioning.
The increasing use of sensor networks and availability of predictive maintenance, quality control, and automated process management solutions are expected to boost the adoption of IWSN in the manufacturing industry. Furthermore, soaring need for energy-efficient manufacturing and green manufacturing is impelling players in the electronics industry to opt for better plant monitoring and control solutions, thus, aiding the growth of the IWSN market.
North America dominated the market in 2016, owing to growing adoption of IWSN for its advantages such as compactness, easy installation, easy access to data, and elimination of wired networks in hazardous environments and moveable parts. The growth of the regional market can also be attributed to increasing investments in wireless connectivity.
Asia Pacific is expected to witness the fastest growth in the market for IWSN. This can be attributed to rising implementation of smart manufacturing processes in countries such as China, India, and Taiwan. The MEA and Latin American regions are anticipated to witness considerable growth over the forecast period owing to increased applications of WSN in the oil and gas and mining industries.
Prominent players dominating the market includeABB Ltd.;Analog Devices, Inc.; Honeywell Process Solutions; Lantronix, Inc.; NXP Semiconductor; Schneider Electric; Siemens AG; STMicroelectronics N.V.; Texas Instruments, Inc.; and Yokogawa Electric Corporation.
Presence of a large number of IWSN providers in the market is expected to create intense competition among players.These players are launching new products with advanced technologies and enhanced durability to maintain their foothold in the market. Established companies from corresponding businesses are developing associations for advanced technologies and this is anticipated to reduce the threat for existing players. For instance, Ericsson acquired Belair Networks to integrate the technologies and solutions provided by the company into its existing products and services.
Base year for estimation
Actual estimates/Historical data
2014 - 2016
2017 - 2025
Revenue in USD Million and CAGR from 2017 to 2025
North America, Europe, Asia Pacific, Latin America, and MEA
U.S., Canada, U.K., Germany, China, Japan, India, Brazil, and Mexico
Revenue forecast, company ranking, competitive landscape, growth factors, and trends
15% free customization scope (equivalent to 5 analyst working days)
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This report forecasts revenue growth at global, regional, and country levels and analyzes latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global industrial wireless sensor network (IWSN) market report based on component, type, technology, application, end use, and region:
Component Outlook (Revenue, USD Million, 2014 - 2025)
Type Outlook (Revenue, USD Million, 2014 - 2025)
Motion & Position Sensors
Technology Outlook (Revenue, USD Million, 2014 - 2025)
Near Field Communication (NFC)
Application Outlook (Revenue, USD Million, 2014 - 2025)
Safety & Surveillance
End Use Outlook (Revenue, USD Million, 2014 - 2025)
Food & Beverages
Oil & Gas
Regional Outlook (Revenue, USD Million, 2014 - 2025)
Middle East & Africa
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