Industrial Wireless Solution Market Research Report – Global Forecast till 2027

Industrial Wireless Solution Market Research, By Type (Wireless Field Instruments, Mobile Computing Devices, Wireless Network), Organization Size (Large Enterprise, SMEs), Vertical (Process Industry, Discrete Industry) — Global Forecast till 2027

ID: MRFR/SEM/5779-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Synopsis


The global industrial wireless solution market was valued at USD 2.55 billion in 2017 and is expected to reach USD 9.35 billion by the end of the forecast period with a CAGR of 25.0%


Advent of wireless solutions in industries play a major role towards the rapid development in radio frequencies and other connected devices solution such as industrial internet of things (IIoT). The industrial wireless solution are prominently based on the radio waves which generally occurs at the plysical layer of a network. In industries, the need for connecting various devices such as tablets, computers, servers, and even Wi-Fi routers require radio waves. It has been witnessed that the adoption of wireless devices in industries is increasing as these provide higher operational efficiency, and fast decision making capabilities. Moreover, wireless devices are easy to deploy and its infrastructural costs are less.


The factors that contribute towards the growth of wireless infrastructure market in the increased shift from enterprises to cloud based services and increased IIoT services. Moreover, the increased adoption of SDWAN solutions in industries also contribute towards the growth of the market. However, there are various factors that refrain the market growth. These factors include concerns regarding data security, and connectivity issues. In addition, high power consumption by wireless devices, and sensor nodes and lack of globally excepted wireless standard pose a challenge to the market.


Segmentation


The global industrial wireless solution market is segmented into type, organization size, vertical and region.


By type, the market is segmented into wireless field instruments, mobile computing devices, and wireless network.


By organization size, the market is segmented into large enterprise and small and medium sized enterprises.


By vertical, the market is segmented into process industry, and discrete industry. Process industry is further segmented into energy and utilities, chemicals and materials, food & beverage, and others. Discrete industry is further segmented into automotive, semiconductor & electronics, medical devices, and transportation.


By region, the industrial wireless solution market is segmented into North America, Europe, Asia-Pacific, and rest of the world.


Regional analysis


The global market for industrial wireless solution is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of Industrial Wireless Solution market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).


North America is expected to dominate industrial wireless solutions market owing to the wide presence of key network service providers and wireless solution providers. Moreover, the US occupies major IT & telecom vendors such as Qualcomm, and Cisco Systems Inc that acre actively contributing towards industrial wireless solutions and are integrating new technologies such as IoT and Artificial Intelligence with wireless networks.


However, on the other hand, the countries such as China, Japan, India, and South Korea are rapidly advancing in industrial race, and wireless connectivity plays a major role in their development. As the semiconductor industry grows, the adoption of wireless solutions is expected to increase at double rate.


Global Industrial Wireless Solution Market, USD Billion
Industrial Wireless Solution Market


 Source: MRFR Analysis


Key Players


The key players in the industrial wireless solution market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are—Cisco Systems Inc (US), Eaton Corporation PLC (Ireland), ABB Limited (Switzerland), Belden Inc (US), Emerson Electric Company (US), Honeywell International Inc (US), Siemens AG (Germany), Yokogawa Electric (Japan), AT&T (US), and Phoenix Contact GmbH & Co (Germany)


Apart from the top key players, the other players contribute nearly 30–35 % in the industrial wireless solution market. These include DataGear Inc (US), Ruckus Networks (US), OleumTech (US), Molex, LLC (US), General Electric (US), Neratec Solutions AG (Switzerland), Westermo Network Technologies AB (Sweden), Wipro Ltd (India), Value Line Inc (US), Cambium Networks, Ltd (US), Accenture PLC (US), Cognizant Technology Solutions Corp (US), Maestro Wireless Solutions Limited (China), Fluidmesh Networks LLC (US), Advantech Co., Ltd (Taiwan), HMS Industrial Networks (Sweden), and others.


Intended Audience



  • Government Agencies

  • Network Solution Providers

  • Independent Software Vendors

  • Consulting Firms

  • System Integrators

  • Research Institutes and Organizations

  • Technology Standards Organizations

  • Industrial Wireless Solution Vendors

  • Application Developers

  • Container Services Providers



Frequently Asked Questions (FAQ) :


The industrial wireless solution market is anticipated to register 25% CAGR over the forecast period.

The industrial wireless solution market is expected to earn revenue worth USD 9.35 bn by 2023 end.

The U.S. exhibits consolidation of major IT vendors which is anticipated to provide impetus to growth of the industrial wireless solution market.

High power consumption is one of the major challenges faced by the key players.

The segments of the industrial wireless solution market are mobile computing devices, wireless field instruments, and wireless network.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.3 Research Objectives

2.4 Markets Structure

3 Research Methodology

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining Power of Buyers

4.1.3 Threat of Substitutes

4.1.4 Segment Rivalry

4.1.5 Bargaining Power of Suppliers

4.2 Value Chain/Supply Chain of Industrial Wireless Solution

5 Market Landscape

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7 Industrial Wireless Solution Market by Type

7.1 Introduction

7.2 Wireless Field Instruments

7.2.1 Market Estimates & Forecast, 2020–2027

7.3 Mobile Computing Devices

7.3.1 Market Estimates & Forecast, 2020–2027

7.4 Wireless Network

7.4.1 Market Estimates & Forecast, 2020–2027

8 Industrial Wireless Solution Market by Organization Size

8.1 Introduction

8.2 Large Enterprise

8.2.1 Market Estimates & Forecast, 2020–2027

8.3 Small and Medium Sized Enterprise

8.3.1 Market Estimates & Forecast, 2020–2027

9 Industrial Wireless Solution Market by Deployment

9.1 Introduction

9.2 Cloud

9.2.1 Market Estimates & Forecast, 2020–2027

9.3 On-Premises

9.3.1 Market Estimates & Forecast, 2020–2027

10 Industrial Wireless Solution Market by Vertical

10.1 Introduction

10.2 Process Industry

10.2.1 Market Estimates & Forecast, 2020–2027

10.2.2 Energy & Utilities

10.2.2.1 Market Estimates & Forecast, 2020–2027

10.2.3 Chemicals & Materials

10.2.3.1 Market Estimates & Forecast, 2020–2027

10.2.4 Food & Beverage

10.2.4.1 Market Estimates & Forecast, 2020–2027

10.2.5 Others

10.2.5.1 Market Estimates & Forecast, 2020–2027

10.3 Discrete Industry

10.3.1 Automotive

10.3.1.1 Market Estimates & Forecast, 2020–2027

10.3.2 Semiconductor & Electronics

10.3.2.1 Market Estimates & Forecast, 2020–2027

10.3.3 Medical Devices

10.3.3.1 Market Estimates & Forecast, 2020–2027

10.3.4 Transportation

10.3.4.1 Market Estimates & Forecast, 2020–2027

11 Industrial Wireless Solution Market by Region

11.1 Introduction

11.2 North America

11.2.1 Market Estimates & Forecast by Country, 2020–2027

11.2.2 Market Estimates & Forecast by Type, 2020–2027

11.2.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.2.4 Market Estimates & Forecast by Deployment, 2020–2027

11.2.5 Market Estimates & Forecast by Vertical, 2020–2027

11.2.6 US

11.2.6.1 Market Estimates & Forecast by Type, 2020–2027

11.2.6.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.2.6.3 Market Estimates & Forecast by Deployment, 2020–2027

11.2.6.4 Market Estimates & Forecast by Vertical, 2020–2027

11.2.7 Mexico

11.2.7.1 Market Estimates & Forecast by Type, 2020–2027

11.2.7.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.2.7.3 Market Estimates & Forecast by Deployment, 2020–2027

11.2.7.4 Market Estimates & Forecast by Vertical, 2020–2027

11.2.8 Canada

11.2.8.1 Market Estimates & Forecast by Type, 2020–2027

11.2.8.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.2.8.3 Market Estimates & Forecast by Deployment, 2020–2027

11.2.8.4 Market Estimates & Forecast by Vertical, 2020–2027

11.3 Europe

11.3.1 Market Estimates & Forecast by Country, 2020–2027

11.3.2 Market Estimates & Forecast by Type, 2020–2027

11.3.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.4 Market Estimates & Forecast by Deployment, 2020–2027

11.3.5 Market Estimates & Forecast by Vertical, 2020–2027

11.3.6 Germany

11.3.6.1 Market Estimates & Forecast by Type, 2020–2027

11.3.6.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.6.3 Market Estimates & Forecast by Deployment, 2020–2027

11.3.6.4 Market Estimates & Forecast by Vertical, 2020–2027

11.3.7 France

11.3.7.1 Market Estimates & Forecast by Type, 2020–2027

11.3.7.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.7.3 Market Estimates & Forecast by Deployment, 2020–2027

11.3.7.4 Market Estimates & Forecast by Vertical, 2020–2027

11.3.8 Italy

11.3.8.1 Market Estimates & Forecast by Type, 2020–2027

11.3.8.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.8.3 Market Estimates & Forecast by Deployment, 2020–2027

11.3.8.4 Market Estimates & Forecast by Vertical, 2020–2027

11.3.9 Spain

11.3.9.1 Market Estimates & Forecast by Type, 2020–2027

11.3.9.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.9.3 Market Estimates & Forecast by Deployment, 2020–2027

11.3.9.4 Market Estimates & Forecast by Vertical, 2020–2027

11.3.10 UK

11.3.10.1 Market Estimates & Forecast by Type, 2020–2027

11.3.10.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.3.10.3 Market Estimates & Forecast by Deployment, 2020–2027

11.3.10.4 Market Estimates & Forecast by Vertical, 2020–2027

11.4 Asia-Pacific

11.4.1 Market Estimates & Forecast by Country, 2020–2027

11.4.2 Market Estimates & Forecast by Type, 2020–2027

11.4.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.4 Market Estimates & Forecast by Deployment, 2020–2027

11.4.5 Market Estimates & Forecast by Vertical, 2020–2027

11.4.6 China

11.4.6.1 Market Estimates & Forecast by Type, 2020–2027

11.4.6.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.6.3 Market Estimates & Forecast by Deployment, 2020–2027

11.4.6.4 Market Estimates & Forecast by Vertical, 2020–2027

11.4.7 India

11.4.7.1 Market Estimates & Forecast by Type, 2020–2027

11.4.7.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.7.3 Market Estimates & Forecast by Deployment, 2020–2027

11.4.7.4 Market Estimates & Forecast by Vertical, 2020–2027

11.4.8 Japan

11.4.8.1 Market Estimates & Forecast by Type, 2020–2027

11.4.8.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.8.3 Market Estimates & Forecast by Deployment, 2020–2027

11.4.8.4 Market Estimates & Forecast by Vertical, 2020–2027

11.4.9 Rest of Asia-Pacific

11.4.9.1 Market Estimates & Forecast by Type, 2020–2027

11.4.9.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.4.9.3 Market Estimates & Forecast by Deployment, 2020–2027

11.4.9.4 Market Estimates & Forecast by Vertical, 2020–2027

11.5 Rest of the World

11.5.1 Market Estimates & Forecast by Country, 2020–2027

11.5.2 Market Estimates & Forecast by Type, 2020–2027

11.5.3 Market Estimates & Forecast by Organization Size, 2020–2027

11.5.4 Market Estimates & Forecast by Deployment, 2020–2027

11.5.5 Market Estimates & Forecast by Vertical, 2020–2027

11.5.6 Middle East & Africa

11.5.6.1 Market Estimates & Forecast by Type, 2020–2027

11.5.6.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.5.6.3 Market Estimates & Forecast by Deployment, 2020–2027

11.5.6.4 Market Estimates & Forecast by Vertical, 2020–2027

11.5.7 Latin America

11.5.7.1 Market Estimates & Forecast by Type, 2020–2027

11.5.7.2 Market Estimates & Forecast by Organization Size, 2020–2027

11.5.7.3 Market Estimates & Forecast by Deployment, 2020–2027

11.5.7.4 Market Estimates & Forecast by Vertical, 2020–2027

12 Competitive Landscape

13 Company Profiles

13.1 Cisco Systems Inc (US)

13.1.1 Company Overview

13.1.2 Product/Business Segment Overview

13.1.3 Financial Updates

13.1.4 Key Developments

13.1.5 SWOT Analysis

13.1.6 Key Strategy

13.2 Eaton Corporation PLC (Ireland)

13.2.1 Company Overview

13.2.2 Product/Business Segment Overview

13.2.3 Financial Updates

13.2.4 Key Developments

13.2.5 SWOT Analysis

13.2.6 Key Strategy

13.3 ABB Limited (Switzerland)

13.3.1 Company Overview

13.3.2 Product/Business Segment Overview

13.3.3 Financial Updates

13.3.4 Key Developments

13.3.5 SWOT Analysis

13.3.6 Key Strategy

13.4 Belden Inc (US)

13.4.1 Company Overview

13.4.2 Product/Business Segment Overview

13.4.3 Financial Updates

13.4.4 Key Developments

13.4.5 SWOT Analysis

13.4.6 Key Strategy

13.5 Emerson Electric Company (US)

13.5.1 Company Overview

13.5.2 Product/Business Segment Overview

13.5.3 Financial Updates

13.5.4 Key Developments

13.5.5 SWOT Analysis

13.5.6 Key Strategy

13.6 Honeywell International Inc (US)

13.6.1 Company Overview

13.6.2 Product/Business Segment Overview

13.6.3 Financial Updates

13.6.4 Key Developments

13.6.5 SWOT Analysis

13.6.6 Key Strategy

13.7 Siemens AG (Germany)

13.7.1 Company Overview

13.7.2 Product/Business Segment Overview

13.7.3 Financial Updates

13.7.4 Key Developments

13.7.5 SWOT Analysis

13.7.6 Key Strategy

13.8 Yokogawa Electric (Japan)

13.8.1 Company Overview

13.8.2 Product/Business Segment Overview

13.8.3 Financial Updates

13.8.4 Key Developments

13.8.5 SWOT Analysis

13.8.6 Key Strategy

13.9 AT&T (US)

13.9.1 Company Overview

13.9.2 Product/Business Segment Overview

13.9.3 Financial Updates

13.9.4 Key Developments

13.9.5 SWOT Analysis

13.9.6 Key Strategy

13.10 Phoenix Contact GmbH & Co (Germany)

13.10.1 Company Overview

13.10.2 Product/Business Segment Overview

13.10.3 Financial Updates

13.10.4 Key Developments

13.10.5 SWOT Analysis

13.10.6 Key Strategy

14 Conclusion

LIST OF TABLES

Table 1 Global Industrial Wireless Solution Market, by Type, 2020–2027

Table 2 Global Industrial Wireless Solution Market, by Organization Size, 2020–2027

Table 3 Global Industrial Wireless Solution Market, by Deployment, 2020–2027

Table 4 Global Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 5 Global Industrial Wireless Solution Market, by Region, 2020–2027

Table 6 North America: Industrial Wireless Solution Market, by Country, 2020–2027

Table 7 North America Industrial Wireless Solution, Market, by Type, 2020–2027

Table 8 North America Industrial Wireless Solution, Market, by Organization Size, 2020–2027

Table 9 North America Industrial Wireless Solution, Market, by Deployment, 2020–2027

Table 10 North America Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 11 US Industrial Wireless Solution, Market, by Type, 2020–2027

Table 12 US Industrial Wireless Solution, Market, by Organization Size, 2020–2027

Table 13 US Industrial Wireless Solution, Market, by Deployment, 2020–2027

Table 14 US Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 15 Canada Industrial Wireless Solution, Market, by Type, 2020–2027

Table 16 Canada Industrial Wireless Solution, Market, by Organization Size, 2020–2027

Table 17 Canada Industrial Wireless Solution, Market, by Deployment, 2020–2027

Table 18 Canada Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 19 Mexico Industrial Wireless Solution, Market, by Type, 2020–2027

Table 20 Mexico Industrial Wireless Solution, Market, by Organization Size, 2020–2027

Table 21 Mexico Industrial Wireless Solution, Market, by Deployment, 2020–2027

Table 22 Mexico Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 23 Europe Industrial Wireless Solution Market, by Country, 2020–2027

Table 24 Europe Industrial Wireless Solution Market, by Type, 2020–2027

Table 25 Europe Industrial Wireless Solution Market, by Organization Size, 2020–2027

Table 26 Europe Industrial Wireless Solution Market, by Deployment, 2020–2027

Table 27 Europe Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 28 Germany Industrial Wireless Solution Market, by Type, 2020–2027

Table 29 Germany Industrial Wireless Solution Market, by Organization Size, 2020–2027

Table 30 Germany Industrial Wireless Solution Market, by Deployment, 2020–2027

Table 31 Germany Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 32 France Industrial Wireless Solution Market, by Type, 2020–2027

Table 33 France Industrial Wireless Solution Market, by Organization Size, 2020–2027

Table 34 France Industrial Wireless Solution Market, by Deployment, 2020–2027

Table 35 France Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 36 UK Industrial Wireless Solution Market, by Type, 2020–2027

Table 37 UK Industrial Wireless Solution Market, by Organization Size, 2020–2027

Table 38 UK Industrial Wireless Solution Market, by Deployment, 2020–2027

Table 39 UK Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 40 Spain Industrial Wireless Solution Market, by Type, 2020–2027

Table 41 Spain Industrial Wireless Solution Market, by Organization Size, 2020–2027

Table 42 Spain Industrial Wireless Solution Market, by Deployment, 2020–2027

Table 43 Spain Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 44 Italy Industrial Wireless Solution Market, by Type, 2020–2027

Table 45 Italy Industrial Wireless Solution Market, by Organization Size, 2020–2027

Table 46 Italy Industrial Wireless Solution Market, by Deployment, 2020–2027

Table 47 Italy Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 48 Asia-Pacific Industrial Wireless Solution Market, by Country, 2020–2027

Table 49 Asia-Pacific Industrial Wireless Solution Market, by Type, 2020–2027

Table 50 Asia-Pacific Industrial Wireless Solution Market, by Organization Size, 2020–2027

Table 51 Asia-Pacific Industrial Wireless Solution Market, by Deployment, 2020–2027

Table 52 Asia-Pacific Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 53 China Industrial Wireless Solution Market, by Type, 2020–2027

Table 54 China Industrial Wireless Solution Market, by Organization Size, 2020–2027

Table 55 China Industrial Wireless Solution Market, by Deployment, 2020–2027

Table 56 China Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 57 Japan Industrial Wireless Solution Market, by Type, 2020–2027

Table 58 Japan Industrial Wireless Solution Market, by Organization Size, 2020–2027

Table 59 Japan Industrial Wireless Solution Market, by Deployment, 2020–2027

Table 60 Japan Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 61 India Industrial Wireless Solution Market, by Type, 2020–2027

Table 62 India Industrial Wireless Solution Market, by Organization Size, 2020–2027

Table 63 India Industrial Wireless Solution Market, by Deployment, 2020–2027

Table 64 India Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 65 Rest of Asia-Pacific Industrial Wireless Solution Market, by Type, 2020–2027

Table 66 Rest of Asia-Pacific Industrial Wireless Solution Market, by Organization Size, 2020–2027

Table 67 Rest of Asia-Pacific Industrial Wireless Solution Market, by Deployment, 2020–2027

Table 68 Rest of Asia-Pacific Industrial Wireless Solution Market, by Vertical, 2020–2027

Table 69 Rest of the World Industrial Wireless Solution Market, by Country, 2020–2027

Table 70 Rest of the world Industrial Wireless Solution Market, by Type, 2020–2027

Table 71 Rest of the World Industrial Wireless Solution Market, by Organization Size, 2020–2027

Table 72 Rest of the World Industrial Wireless Solution Market, by Deployment, 2020–2027

Table 73 Rest of the World Industrial Wireless Solution Market, by Vertical, 2020–2027


LIST OF FIGURES

FIGURE 1 Global Industrial Wireless Solution Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Industrial Wireless Solution Market

FIGURE 4 Value Chain of Global Industrial Wireless Solution Market

FIGURE 5 Share of Global Industrial Wireless Solution Market in 2020, by Country (in %)

FIGURE 6 Global Industrial Wireless Solution Market, 2020–2027

FIGURE 7 Sub-segments of Type

FIGURE 8 Global Industrial Wireless Solution Market Size, by Type, 2020

FIGURE 9 Share of Global Industrial Wireless Solution Market, by Type, 2020 to 2027

FIGURE 12 Global Industrial Wireless Solution Market Size, by Type, 2020

FIGURE 13 Share of Global Industrial Wireless Solution Market, by Type, 2020 to 2027