DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Middle East & Africa Wireless Sensors Market - Growth, Trends & Forecasts (2016 - 2021)" report to their offering.
The Middle East & Africa wireless sensors market is expected to increase to $0.35 billion by 2020 at a CAGR of 24.32% over the period 2015-2020. The growth of the Middle East & Africa Wireless Sensors Market is currently being hindered by Maturity of End-User Segment and Environmental impact on sensors. Manufacturers focus on investing in R&D activities as accuracy and reliability are major product selection criteria. Further, industry participants emphasize on product differentiation in order to avoid price competition. Middle East & Africa accounted for around 6% market share of the global wireless sensors market in 2014 and the market is estimated to show a slow growth during the forecast period.
Wireless sensors are used in factory settings for data monitoring, flow of production and other similar functions, as well as in building automation, defense and other industries like materials handling and food and beverage. The increasing quest for new energy sources, renewable energy development, government regulations, and rapid technological advancements are the key Drivers which are making the wireless sensors market to grow lucratively. They are also 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.
The Middle East & Africa Wireless Sensors Market is segmented on the basis of Type (Temperature, Pressure, Surveillance, Leak, Flow, Humidity, Chemical, Position, and Others), & Industry (Energy, Manufacturing, Healthcare, Defense, Transportation, Banking, Retail, and Others).
The report also considers key trends that will impact the industry and profiles over 10 leading suppliers Middle East & Africa Wireless Sensors Market. Some of the top companies mentioned in the report are Abb Ltd (Switzerland), Emerson Process Management (U.S.), Siemens AG (Germany), Texas Instruments (U.S.), and among others.
Key Topics Covered:
2. Key Findings
3. Market Overview & Dynamics
5. Porter'S Five Forces Analysis
6. Market Segmentation
7. Company Profiles
8. Investment Analysis
9. Future Of Wireless Sensors Market
- Texas Instruments
- Endress + Ha US er
Cmt Consulting Measurement Technology Gmbh
For more information about this report visit http://www.researchandmarkets.com/research/xkm6c3/middle_east_and