MarketsandMarkets:Global Industrial Wireless Sensor Networks (IWSN) Market worth $3.795 Billion by 2017

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MarketsandMarkets:Global Industrial Wireless

Sensor Networks (IWSN) Market worth $3.795

Billion by 2017

PR Newswire

DALLAS, June 18, 2012

DALLAS

,

June 18, 2012

/PRNewswire/ --

According to a new market research report

"Industrial Wireless Sensor

Networks (IWSN) Market - Global Forecast & Analysis (2012 - 2017):

By Technology, Components, Applications, Geography"

published by

MarketsandMarkets (http://www.marketsandmarkets.com), the IWSN market is

expected to reach

$3.795 billion

by 2017 at a CAGR of 15.58% from 2012 to

2017.

Browse more than 72 tables and in-depth TOC on "Industrial Wireless

Sensor Networks (IWSN) Market -Global Forecast & Analysis

(2012 -2017): By Technology, Components, Applications, Geography".

http://www.marketsandmarkets.com/Market-Reports/wireless-sensor-networks-

market-445.html

Early buyers will receive 10% customization on reports.

The Industrial Wireless Sensor Networks (IWSN) Market for Manufacturing &

Process Control Automation market is expected to grow from

$1.610 billion

in

2011 to

$3.795 billion

in 2017, at a CAGR of 15.58% from 2012 to 2017. The

key companies with respect to Industrial Wireless Sensor Networks (IWSN)

Market for Manufacturing & Process Control Automation include Emerson

(U.S.), GE Energy (U.S.), Honeywell (U.S.), ABB (

Switzerland

), Endress+Hauser

(

Switzerland

), Siemens (

Germany

), Yokogawa (

Japan

), Yamatake (

Japan

),

Invensys (U.K.), Mitsubishi (

Japan

), and others.

Due to the rise in demand for wireless sensor networks in recent times,

significant shift is observed from traditional, wired technologies to upcoming

wireless technologies.

Asia-Pacific

is expected to grow at the highest rate due

to increase in production activities in APAC, huge population base, and lucrative

government policies.

China

is, in fact, the growth engine for automation in

Asia-

Pacific

; in spite of lower levels of plant automation.

India

is also gaining

IWSN

market

shares worldwide.

The WSN consists of "nodes" - from a few to several hundreds or even

thousands, where each node is connected to one (or sometimes several)

sensor. Each such sensor network node has typically several parts: a radio

transceiver with an internal antenna or connection to an external antenna, a

microcontroller, an electronic circuit for interfacing with the sensors and an

energy source, usually a battery or an embedded form of energy harvesting. A

sensor node might vary in size from that of a shoebox down to the size of a

grain of dust, although functioning "motes" of genuine microscopic dimensions

are yet to be created. The cost of sensor nodes is similarly variable, ranging

from a few to hundreds of dollars, depending on the complexity of the

individual sensor nodes. Size and cost constraints on sensor nodes result in

corresponding constraints on resources such as energy, memory,

computational speed, and communications bandwidth. The topology of the

WSNs can vary from a simple star network to an advanced multi-hop wireless

mesh network. The propagation technique between the hops of the network

can be routing or flooding.

The major technologies used in

Industrial Wireless Sensor Networks

Market

are WirelessHART, ISA100.11a, 6loWPAN, Proprietary, other

technologies such as IEEE 802.11, ZigBee, Bluetooth, GPRS, GSM, and CDMA.

The WirelessHART standard is widely spread in the industrial sector. Nearly 70%

of process control automation installed globally uses WirelessHART standard.

The IWSN market has developed rapidly in Americas (till date), particularly in

the U.S. than in

Asia-Pacific

,

Europe

, and Rest of the World due to the heavy

funding available there in U.S.

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