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The Wireless Flow Sensors Market is segmented by Technology (Bluetooth, ZigBee, RFID, Wi-Fi, WLAN, EnOcean), Application (Water & Wastewater, Chemicals & Petrochemicals, Power Generation), and Geography.
Fastest Growing Market:
The wireless flow sensors market was valued at USD 0.72 billion in 2019 and is expected to reach a value of USD 2.95 billion by 2025, projecting a CAGR of 27.07%, during the forecast period 2020-2025. With a lot of innovation and modern technologies such as Coriolis, ultrasonic, magnetic, and vortex flow sensors are a significant competition to traditional measurement technologies, these advanced technologies have also witnessed competition among themselves. Each technique has its pro and cons that make it suited for a specific application.
Wireless flow sensor comprises of the flow sensor, RF transmitter, and RF receiver. Nowadays, installation doesn't require expensive drilling, trenching, or digging, to install power or Input/Output wiring. Active and passive safety sensors have witnessed significant growth due to the need for accident mitigation systems, in the automotive sector. Emission of hazardous gases has led rules and regulation for emission control and resulted in the monitoring for the concentration of exhaust gases.
|Water & Wastewater|
|Chemicals & Petrochemicals|
|Middle East & Africa|
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The wireless flow sensors market is fragmented. The market is dominated by major players. Constant innovation and development with the absence of technological standardization are making the market competitive. Some of the key players include Texas Instruments Incorporated, Honeywell International Inc., ABB Ltd., Siemens AG, Panasonic Corporation, General Electric, Emerson Electric Company, Analog Devices Inc., STMicroelectronics, Microchip Technology Incorporated, among others.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Application of Temperature Sensors in Industries
4.2.2 Increasing Demand for Temperature Sensors in Consumer Electronics
4.3 Market Restraints
4.3.1 High Cost of the System
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness - Porter's Five Force Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Technology
5.2 By Application
5.2.1 Water & Wastewater
5.2.2 Chemicals & Petrochemicals
5.2.3 Power Generation
5.2.4 Other Applications
5.3.1 North America
5.3.4 Latin America
5.3.5 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Texas Instruments Incorporated
6.1.2 Panasonic Corporation
6.1.3 Siemens AG
6.1.4 Honeywell International Inc.
6.1.5 ABB Ltd.
6.1.6 Analog Devices Inc.
6.1.7 General Electric
6.1.8 Emerson Electric Company
6.1.10 Microchip Technology Incorporated
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS