Global Industrial Wireless Market in Process Automation to grow at a CAGR of 16.19% over the period 2014-2019; Finds New Report

Report forecast the Global Industrial Wireless market in Process Automation to grow at a CAGR of 16.19 percent over the period 2014-2019.

Wireless devices are used both in process and discrete industries for a wide range of applications, including easy maintenance, control, and monitoring. Wireless devices are perceived as the next big technological step in industrial automation. However, their adoption has been moderate to date because of concerns on the robustness, reliability, and security of wireless technology. A need for automation in industries such as Oil and Gas, Automotive, Power, and Textile has created a need for industrial wireless.

The Global Industrial Wireless market in Process Automation can be segmented based on the following end-users: Oil and Gas Industry, Water and Wastewater Industry, Food and Beverage Industry, and Others.

According to the report, one of the major factors driving the growth of this market is the advances in technologies. The increase in R&D has resulted in more reliable wireless devices. This factor coupled with the advantage of remote monitoring is positively affecting the market growth.

Further, the report states that one of the major challenges in this market is the reluctance to shift to wireless automation. The lack of awareness among end-users regarding the advantages of wireless technology and the fact that they have already invested significantly in cables make them reluctant to shift to wireless technology.

Global Industrial Wireless Market in Process Automation 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Industrial Wireless Market in Process Automation: Cisco Systems Inc., Emerson Electric Co., Honeywell International Inc., Siemens AG and Yokogawa Electric Corp.

Other Prominent Vendors in the market are: ABB, Belden, Exloc Instruments, Motorola, Moxa, Ruckus Wireless and Westermo

Key Regions

• Americas
• APAC
• EMEA

Market Driver

• Advances in Technologies
• For a full, detailed list, view our report

Market Challenge

• Reluctance to Shift to Wireless Automation
• For a full, detailed list, view our report

Market Trend

• Integration of Technologies
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors

Spanning over 81 pages and 31 Exhibits “Global Industrial Wireless Market in Process Automation 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by End-user, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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