Market Share of Wireless Flow Sensors Industry
The wireless flow sensors market is very competitive. Some of the significant players in the market are Panasonic Corporation, Honeywell International Inc., Texas Instruments Incorporated, ABB Ltd, Siemens AG, AW-Lake, Emerson Electric Co., Sensata Technologies Inc., and many more. Companies are increasing their market share by forming multiple partnerships and investing in introducing new products to earn a competitive edge during the forecast period.
In March 2022, toward the latest requirements and developments of the Industry 4.0 revolution, ES Systems developed innovative, smart, autonomous, low-power, and wireless sensors ideal for integrating IoT systems and solutions. ES Systems announced the extent of its worldwide distribution channel through three new distribution agreements with the following companies: Nexcomm, Powell, and Servoflo. Through the partnership, ES system will leverage its position in the market and promote its product range of flow sensors worldwide. Moreover, the new partnerships focus on expanding the company's sensors product presence and providing customers with outstanding quality and exceptional customer service.
In July 2021, Endress+Hauser acquired SensAction AG and is now Endress+Hauser Flow Germany AG. The wholly owned subsidiary of Endress+Hauser Flowtec AG, based in Reinach, Switzerland, is now fully integrated into the group. The company aims to be the market leader in ultrasonic flow measurement or flow sensor technology in combination with quality measurements. By combining quality and flow measurement, the company can provide customers with information for process optimization. The company also focuses on using Industry 4.0 solutions to help customers improve efficiency and quality.
Wireless Flow Sensors Market Leaders
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Emerson Electric Co.
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Endress+Hauser Group Services AG
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AW-Lake
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Siemens AG
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Microchip Technology Inc.
*Disclaimer: Major Players sorted in no particular order
