Market Trends of Europe Wireless Sensors Industry
This section covers the major market trends shaping the Europe Wireless Sensors Market according to our research experts:
Automotive is Expected to Hold Significant Market Share
- Automotive vehicles have undergone various changes over the last few decades. Previously, cars used to work with basic electrical systems that offered power for headlights and spark plugs. As technology progressed, cars were fitted with the latest gadgets, such as radios, alarms, and wipers. Various technological advancements have also been made for vehicles’ safety, such as airbag deployment. The increase in these sensor-dependent features has driven engineers to develop more accurate sensors with automotive applications in mind.
- Currently, the two significant trends for the automotive sector are electrification and automation. The emergence of electric vehicles in the industry has dramatically impacted the demand for wireless sensors in the long term. More electric cars mean an increase in demand for sensors, a surge in sensors for used battery monitoring, and various positioning and detection of moving parts of automobiles.
- Moreover, with the increasing use of electric vehicles, technology pioneers like Qualcomm have developed efficient wireless charging technology for cars. This wireless charging technology offers convenience for users to charge their vehicles at wireless charging stations, parking lots, or at home efficiently. The company has also achieved transfer efficiency of more than 90% with a single primary base pad. The company believes that the technology can be further improved for better efficiency and more straightforward implementation in the future.
- As the use cases of sensors continue to increase in automobile applications to support ADAS, infotainment, and autonomous driving systems, the need for interface specifications is apparent. It is expected to be critical for future demand.
- As ADAS applications evolve and become more complex, there has been an increased need for effective methods to present safety alerts and other relevant information to the driver. Head-up displays (HUDs) are among the few emerging solutions for consolidating ADAS data into a centralized screen that allows the driver to keep the eyes on the road while viewing alerts and warnings that appear on the windshield time.
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United Kingdom Accounts for the Largest Market Share
- Due to the increasing quest for new energy sources, renewable energy developments, government regulations, and rapid technological advancements in the wireless sensors market is growing lucratively across the country. The country provides a vital component in smart grids for remote monitoring of transformers and power lines, where they are put into service to monitor line temperature and weather conditions.
- In recent years, Sensemetrics Inc., an industrial IoT (IIoT) company, announced that it is launching its IIoT platform in the country. The initial commercial deployment of the sense metrics platform in the U.K. with 3S'TECH, an innovative structural sensing technology company. 3S'TECH connected wireless LoRa tiltmeter sensors, monitoring the Viladecans Hospital near Barcelona, Spain, to the sense metrics platform.
- Furthermore, EU research project WSAN4CIP demonstrated a cost-effective solution for protecting electricity and water networks. The European research project, WSAN4CIP, successfully demonstrated a wireless sensor-based solution for the cost-effective monitoring of electricity distribution networks and water networks. The WSAN4CIP solution was based on a secure communication network of wireless sensors. Since February 2010, it has been successfully implemented and tested in two use cases, one in the energy sector and one in the water utility sector.
- The country's market for Internet of Things (IoT) solutions is significantly growing, driven by solid growth in western and northern European regions. Both consumer and business IoT solutions offer promising opportunities in the area, which is expected to give the European wireless sensors market competitive advantage.
- In May 2021, Advantech has launched a certified wireless module for sensor-to-cloud connectivity for the Internet of Things (IoT) in a compact industry-standard form factor with no programming required. The IoT wireless sensor applications include cold chain/refrigerator monitoring, smart waste management, asset tracking, smart agriculture, and smart street lighting.
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