Latin America Wireless Sensors Market Share

Statistics for the 2023 & 2024 Latin America Wireless Sensors market share, created by Mordor Intelligence™ Industry Reports. Latin America Wireless Sensors share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Latin America Wireless Sensors Industry

The Latin American wireless sensor is highly competitive owing to multiple vendors providing wireless sensors to the domestic and international markets. The market appears to be moderately fragmented, and the major players with a prominent share in the market are focusing on expanding their customer base across international countries. Additionally, these companies are continuously innovating their products to increase their market share and increase their profitability. Some of the recent developments in the market are:

  • March 2021 - Monnit announced the availability of its ALTA Soil Moisture Sensor to meet the AgriTech market's demands. The innovative Soil Moisture Sensor assists farmers, commercial growers, and greenhouse managers in easily connecting their precision irrigation operations to the Internet of Things (IoT).
  • January 2021 - Everactive, a technology company that builds the Internet of Things (IoT) solutions, raised USD 35 million in funding to develop its battery-free wireless sensors. The funds will be used to accelerate sales, marketing, and product development of the company's battery-free wireless sensors for industrial applications. Moreover, Everactive's end-to-end monitoring solutions are aimed at high-volume industrial assets that are currently unmonitored or under-monitored due to the sheer volume.

Latin America Wireless Sensors Market Leaders

  1. Honeywell International Inc.

  2. Emerson Electric Co.

  3. ABB Ltd.

  4. Texas Instruments Incorporated

  5. Pasco Scientific

*Disclaimer: Major Players sorted in no particular order

Latin America Wireless Sensors Market

Latin America Wireless Sensors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)