Industrial Wireless Transmitter Market Growth, Trends | Analysis (2022-27)

 

Market Overview:

The industrial wireless transmitter market was valued at USD 2565.52 million in 2020 and is expected to grow at a CAGR of 5% to USD 3438.04 million by 2026. (2021–2026). With the advent of Industry 4.0 policies, wireless sensing and IoT solutions are increasingly being used in a variety of industrial applications around the world. Many modern manufacturers believe that wireless solutions are one of the best technological adoptions in the manufacturing space and establishments over the last decade, with a lot of room for growth.

WirelessHART (FieldComm Group) products are increasingly being used to connect instrumentation to control and monitoring systems in the process industries. The rapidly increasing demand for predictive analytics solutions, such as predictive maintenance, has been identified as the primary driver of the growth of wireless solutions in manufacturing establishments. The widespread use of wireless solutions in a variety of end-user industries is driving up demand for industrial wireless transmitters.

Scope of the Report:

Transmitters use radio waves to transmit information and are used for a variety of purposes in industry. The incorporation of wireless connectivity in industries has been found to increase system reliability. The use of wires for transmitters presents a number of challenges in terms of location and limits the connectivity of transmitters via wires. These wires also provide a difficult to maintain and operate system. Wireless networks have now met the industrial standard and are ready for use in an industrial workspace. When compared to wired infrastructure, the implementation of systems such as SCADA is also simplified because the hassles of rewiring a system to make it visible are avoided.

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