Base Year
Historical Year
Forecast Year
The global wireless sensors market size reached a value of approximately USD 17.29 billion in 2023. The market is further projected to grow at a CAGR of 20.1% between 2024 and 2032, reaching a value of USD 89.90 billion by 2032.
| Global Wireless Sensors Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 17.29 |
| Market Size 2032 | USD Billion | 89.90 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 20.1% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 25.9% |
| CAGR 2024-2032 - Market by Country | India | 27.2% |
| CAGR 2024-2032 - Market by Country | Canada | 23.5% |
| CAGR 2024-2032 - Market by Product | Biosensors | 22.9% |
| CAGR 2024-2032 - Market by Industry Vertical | Agriculture | 22.5% |
Wireless sensors refer to recording and monitoring tools equipped with radio transceivers, computing and sensing systems, and power components. Wireless sensors convert signals into radio transmissions and have the ability of measuring real time physical conditions including pollution level, pressure, pH, and temperature, among others.
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On the basis of product type, the wireless sensors market segmentation includes temperature sensors, pressure sensors, chemical and gas sensors, biosensors, humidity sensors, flow sensors, level sensors, and motion and positioning sensors, among others. Based on industry vertical, the market is segregated into consumer electronics, industrial, automotive and transportation, healthcare, agriculture, aerospace and defence, and energy and power, among others. On the basis of region, the market is classified into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global wireless sensors market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Biosensors are expected to account for a significant share of the market over the forecast period. Wireless biosensors monitor biologically relevant parameters, biomolecules, and metabolites and aid in the management of morbid diseases, including brain cancer, Alzheimer’s, diabetes, and ischemia, among others. Continuous research and development activities are being encouraged to boost the functioning of wireless biosensors and aid the early detection of health imbalances. The growth of the wireless sensors market is also being supported by the increasing point of care diagnostic applications of wireless biosensors.
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The market for wireless sensors is estimated to witness a significant growth in the region of North America in the coming years. This growth can be attributed to the integration of the internet of things (IoT) and rising research and development activities on both industrial and academic levels. The spectrum of wireless sensor applications is expanding across sectors including construction, consumer electronics, automotive and transportation, and healthcare, among others. The rising applications of wireless sensors across energy sector for accurately measuring wind speed and humidity, among other purposes, are further boosting the wireless sensors market growth in North America.
| CAGR 2024-2032 - Market by | Country |
| India | 27.2% |
| Canada | 23.5% |
| China | 22.8% |
| USA | 20.3% |
| Australia | 17.6% |
| Japan | 15.5% |
| UK | XX% |
| Germany | XX% |
| France | XX% |
| Italy | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
ABB Ltd. is an automation machinery manufacturing company that was founded in 1988 and is headquartered in Zurich, Switzerland. This company is known for automation and electrification and for enabling a resource efficient and sustainable future.
Honeywell International Inc. is an appliance, electrical, and electronics manufacturing company that was founded in 1906 and is headquartered in North Carolina, United States. The company primarily focuses on performance technologies and materials, and building technologies, among others.
Siemens AG is an engineering and manufacturing company that was founded in 1847 and is headquartered in Munich, Germany. The company specialises in automation, sustainability, artificial intelligence, and mobility, among others.
Other market players include Texas Instruments Incorporated, Schneider Electric SE, Emerson Electric Co., NXP Semiconductors N.V, TE Connectivity Ltd., Advantech Co., Ltd., and InvenSense, Inc., among others.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Industry Vertical |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The market size reached a value of approximately USD 17.29 billion in 2023.
The market is projected to grow at a CAGR of 20.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 89.90 billion by 2032.
The major market drivers include the growing adoption of wireless sensors for improved surveillance in the military and defence sector and increasing affordability of wireless sensors.
The key trends fuelling the growth of the market include the increasing applications of wireless sensors in healthcare, rising research and development activities, and growing utilisation of wireless sensors in precision farming.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant product types include temperature sensors, pressure sensors, chemical and gas sensors, biosensors, humidity sensors, flow sensors, level sensors, and motion and positioning sensors, among others.
The key players in the market are ABB Ltd., Texas Instruments Incorporated, Honeywell International Inc., Schneider Electric SE, Siemens AG, Emerson Electric Co., NXP Semiconductors N.V, TE Connectivity Ltd., Advantech Co., Ltd., and InvenSense, Inc., among others.
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