How big is the Wireless Sensors Market?

The Wireless Sensors Market size is expected to reach USD 11.71 billion in 2024 and grow at a CAGR of 26.59% to reach USD 38.07 billion by 2029. Read More

What is the current Wireless Sensors Market size?

In 2024, the Wireless Sensors Market size is expected to reach USD 11.71 billion. Read More

Who are the key players in Wireless Sensors Market?

Honeywell International Inc., Schneider Electric SE, Siemens AG, Emerson Electric Co. and Texas Instruments Incorporated are the major companies operating in the Wireless Sensors Market. Read More

Which is the fastest growing region in Wireless Sensors Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Wireless Sensors Market?

In 2024, the North America accounts for the largest market share in Wireless Sensors Market. Read More

What years does this Wireless Sensors Market cover, and what was the market size in 2023?

In 2023, the Wireless Sensors Market size was estimated at USD 8.60 billion. The report covers the Wireless Sensors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Wireless Sensors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Wireless Sensors Market Share

Statistics for the 2023 & 2024 Wireless Sensors market share, created by Mordor Intelligence™ Industry Reports. 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.

Market Share of Wireless Sensors Industry

The Wireless Pressure Sensors Market is highly competitive. The high expense on research and development, partnerships, collaborations, and acquisitions are the prime growth strategies adopted by the regional companies to sustain the intense competition. Key players in the market are Honeywell International Inc., Schneider Electric SE, Emerson Electric Co., Texas Instruments Incorporated, Siemens AG, ABB Ltd., Rockwell Automation Inc, Pasco Scientific, and many more.

October 2022 - Siemens partnered with Volta Trucks to accelerate commercial fleet electrification. Pressure is a crucial parameter in an electric vehicle's liquid cooling system. Pressure sensors are vital for feedback for cooling system regulation and optimization and to detect pressure loss that could suggest a leak.
June 2022 - Wireless pressure sensors are also used during fracturing, acidizing, and cementing applications for similar pressure monitoring and control purposes. The wireless pressure sensor has the function of measuring the gauge pressure of gases and liquids in piping. ABB Partnered with Think Gas, a city gas distribution company, to automate operations across Think Gas' gas network. The wireless pressure sensors help easy installation for a production site to support direct installation into piping, and wetted material is highly resistant to corrosion.