DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "U.K. Wireless Sensors Market - Growth, Trends & Forecasts (2016 - 2021)" report to their offering.
The U.K. wireless sensors market is expected to increase to $0.25 billion by 2018 at a CAGR of 24.52% over the period 2015-2020.
The growth of the U.K. 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. U.K. is currently the second largest market for wireless sensors market in Europe. U.K. accounted for around 25% market share of the Europe wireless sensors market in 2015 and estimated to be the second highest market 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 U.K. 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 of U.K. 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. Porters 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/cggd59/u_k_wireless