Global Market for Wireless Sensor Network (WSN) is Anticipated to grow at a Significant Pace i.e., USD 108.6 Billion during the Forecast Period 2022-2028

Published Date: Jun, 2022

The global wireless sensor network market is expected to grow at a 19.5% CAGR during the forecast period 2022-2028. The surging need to enhance process efficiency and ease in the deployment of wireless sensor network owing to its benefits like easy-to-use and application-specific nature, thereby driving the market growth of the wireless sensor network. Moreover, increased industrial automation, rising demand for home appliances, surge in demand for sensors from the automotive industry, support from government to develop smart cities, will escalate the market growth for the global wireless sensor network market. Furthermore, extensive implementation of wireless networks to monitor applications and compact size is anticipated to have a positive impact on the market growth for WSN during the forecast period. Also, increasing government laws and policies, such as those imposed by the International Labor Organization (ILO) and the Mine Safety and Health Administration (MSHA), have resulted in the widespread use of wireless sensor networks (WSN) in various industries.

Wireless connected devices like sensor nodes, routers, and gateways are being adopted by key industries such as utilities, oil & gas, and automotive for industrial applications such as environmental sensing, condition monitoring, and process automation. The adoption of connected devices by consumers has resulted in the deployment of wireless sensor network infrastructure

Browse 83 market data Tables and 50 Figures spread through 200 Pages and in-depth TOC on " Wireless Sensor Network (WSN) Market by Type (Underwater WSN, Terrestrial WSN, Underground WSN and Others), by Offering (Hardware, Software, and Services), by Sensor Type (Ambient Light Sensors, Motion & Position Sensors, Heart Rate Sensors, Temperature Sensors, Pressure Sensors, IMUs, Accelerometers, Blood Glucose Sensors, Image Sensors, Humidity Sensors, Carbon Monoxide Sensors, Blood Oxygen Sensors, Flow Sensors, Level Sensors, Chemical Sensors, Gas Sensors, ECG Sensors, and Others), by Connectivity Type (Wi-Fi, Bluetooth, Bluetooth/WLAN, Cellular Network, GPS/GNSS Module, Bluetooth Smart/BLE, ZigBee,   NFC, WHART,         ISA100, and ANT+), by Application (Machine Monitoring, Process Monitoring, Asset Tracking, and Safety & Surveillance), by End-User (Automotive & Manufacturing, Transportation, BFSI, Retail, Industrial, Healthcare, Oil & Gas, Energy & Power, Food & Beverages, Agriculture, Aerospace & Defense, and Others), and Region - Global Forecast to 2028"

By sensor type, gas sensor networks is anticipated to have fastest growth during the forecast period.

Due to the large-scale application in industrial processes, the gas sensor networks segment is predicted to be the fastest-growing segment over the projection period. These sensors aid in the detection of dangerous gas concentrations discharged into the environment during the manufacturing process. Furthermore, because gas sensors are cost-effective and compact, they are increasingly being used in industries such as oil and gas, pharmaceuticals, chemical and petroleum, building automation, and food and beverage.

Global Wireless Sensor Network (WSN) Market Segmentation Analysis

Segment

Categorization

Leading Category

Type

Underwater WSN, Terrestrial WSN, Underground WSN and Others

Underwater WSN (Highest)

 

Offering

Hardware, Software, and Services

Software (Largest)

Sensor Type

Ambient Light Sensors, Motion & Position Sensors, Heart Rate Sensors, Temperature Sensors, Pressure Sensors, IMUs, Accelerometers, Blood Glucose Sensors, Image Sensors, Humidity Sensors, Carbon Monoxide Sensors, Blood Oxygen Sensors, Flow Sensors, Level Sensors, Chemical Sensors, Gas Sensors, ECG Sensors, and Others

Motion Sensor (Largest)

Image Sensor

(High CAGR)

Gas Sensor (Fastest)

Connectivity Type

Wi-Fi, Bluetooth, Bluetooth/WLAN, Cellular Network, GPS/GNSS Module, Bluetooth Smart/BLE, ZigBee,      NFC, WHART, ISA100, and ANT+

WHART (Largest)

Application

Machine Monitoring, Process Monitoring, Asset Tracking, and Safety & Surveillance

Process Monitoring (Largest)

End-User

Automotive & Manufacturing, Transportation, BFSI, Retail, Industrial, Healthcare, Oil & Gas, Energy & Power, Food & Beverages, Agriculture, Aerospace & Defense, and Others

Manufacturing (Largest)

 

Region

North America, Europe, Asia-Pacific, and Rest of the World

 North America

(Largest)

Asia-Pacific (Fastest)

 

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“North America is anticipated to have the largest market share in the WSN market during the forecast period.”

North America is anticipated to grow at the highest pace during the forecast period owing to the adoption of developed technologies like Artificial Intelligence (AI) and IoT, use in military monitoring, support from the government to promote the use of IoT devices for smart home devices, smart factories medical monitoring devices, etc., and the increased availability of resources will drive the market growth of WSN.

Some of the major players in the global WSN Industry include STMicroelectronics, ABB, Honeywell International Inc., Texas Instruments Inc., Siemens AG, NXP Semiconductors, Linear Technology Corporation, Schneider Electric, Emersion Electric, and NXP Semiconductors

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2016–2028

Historical Period

2016–2021

Base Year

2021

Forecast Period

2022–2028

Segments Covered in the Study

Type, Offering, Sensor Type, Connectivity Type, Application, End-User, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

STMicroelectronics, ABB, Honeywell International Inc., Texas Instruments Inc., Siemens AG, NXP Semiconductors, Linear Technology Corporation, Schneider Electric, Emersion Electric, and NXP Semiconductors

Global Wireless Sensor Network (WSN) Market Coverage

Type Insight and Forecast 2016-2028

  • Underwater WSN
  • Terrestrial WSN
  • Underground WSN
  • Others

Offering Insight and Forecast 2016-2028

  • Hardware
  • Software
  • Services

Sensor Type Insight and Forecast 2016-2028

  • Ambient Light Sensors
  • Motion & Position Sensors
  • Heart Rate Sensors
  • Temperature Sensors
  • Pressure Sensors
  • IMUs (6-Axis, 9-Axis)
  • Accelerometers (3-Axis)
  • Blood Glucose Sensors
  • Image Sensors
  • Humidity Sensors
  • Carbon Monoxide Sensors
  • Blood Oxygen Sensors
  • Flow Sensors
  • Level Sensors
  • Chemical Sensors
  • Gas Sensors
  • ECG Sensors
  • Others

Connectivity Type Insight and Forecast 2016-2028

  • Wi-Fi
  • Bluetooth
  • Bluetooth/WLAN
  • Cellular Network
  • GPS/GNSS Module
  • Bluetooth Smart/BLE
  • ZigBee
  • NFC
  • WHART
  • ISA100
  • ANT+

Application Insight and Forecast 2016-2028

  • Machine Monitoring
  • Process Monitoring
  • Asset Tracking
  • Safety & Surveillance

End-User Insight and Forecast 2016-2028

  • Automotive & Manufacturing
  • Transportation
  • BFSI
  • Retail
  • Industrial
  • Healthcare
  • Oil & Gas
  • Energy & Power
  • Food & Beverages
  • Agriculture
  • Aerospace & Defense
  • Others

Geographical Segmentation

Wireless Sensor Network (WSN) Market by Region

North America

  • By Type
  • By Offering
  • By Sensor Type
  • By Connectivity Type
  • By Application
  • By End-User
  • By Country – U.S., Canada, and Mexico

Europe

  • By Type
  • By Offering
  • By Sensor Type
  • By Connectivity Type
  • By Application
  • By End-User
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Type
  • By Offering
  • By Sensor Type
  • By Connectivity Type
  • By Application
  • By End-User
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Type
  • By Offering
  • By Sensor Type
  • By Connectivity Type
  • By Application
  • By End-User
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries