Enjoy complimentary customisation on priority with our Enterprise License!
The industrial wireless market size in discrete industries has the potential to grow by USD 3.94 billion during 2020-2024, and the market's growth momentum will accelerate at a CAGR of 11.26%.
This report provides a detailed analysis of the market by end-user (automotive, electronics, aerospace, and heavy machinery), geography (APAC, Europe, MEA, North America, and South America), and key vendors.
Browse TOC and LoE with selected illustrations and example pages of Industrial Wireless Market in Discrete Industries
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
The industrial wireless market in discrete industries is fragmented and the vendors are deploying growth strategies such as investing in R&D activities for advanced products to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as the growing importance of real-time data analysis to achieve growth opportunities. However, factors such as a dominant market share of wired networking systems will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the industrial wireless market forecast report for discrete industries for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This industrial wireless market analysis report for discrete industries also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.
|
|
Grab your Free Sample now to unlock further information on other key market drivers
For more insights on the market share of various regions Request for a FREE sample now!
47% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for industrial wireless in discrete industries in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The increasing investments in discrete industries is one of the prime factors that will facilitate the industrial wireless market growth in discrete industries in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Request for a FREE sample and Get more information on the market contribution of various segments
The use of industrial wireless protocols in the automotive industry eliminates the need for wiring, reduces a substantial amount of downtime, and minimizes the cost of maintenance. The demand for industrial wireless protocols in the automotive industry is expected to increase during the forecast period, considering the increasing need to adopt IIoT product offerings. Industrial wireless protocols will also record significant demand in the automotive industry, with vendors requiring increased mobility inside the factory premises. The industrial wireless market share growth in discrete industries by the automotive segment will be faster than the aerospace and heavy machinery segments.
This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial wireless market size in discrete industries. Fetch actionable market insights on post COVID19 impact on each segment.
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.