DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Industrial Wireless Market in Process Industries 2017-2021" report to their offering.
The analysts forecast the global industrial wireless market in process industries to grow at a CAGR of 7.10% during the period 2017-2021.
Global Industrial Wireless Market in Process Industries 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in market is adoption of wearable devices in process industries. The growing trend of wearable devices has made a major impact in the global industrial wireless market in process industries.
The penetration of wearable devices in the industry is increasing due to the numerous benefits that they offer. The major advantage of wearable devices is that the industries can minimize process timeline and achieve operational efficiency.
One driver in market is reduction in installation and retrofit costs. A wireless system involves a significantly lower installation and retrofit costs when compared with a wired system.
For example, a wired cable system deployed in an industry expanding 50-70 feet in conduits can amount to $1,500, whereas a similar wireless system amounts to a few hundred dollars depending on factors such as vendor involved, applications required, and the range of connectivity.
- Rockwell Automation
Other prominent vendors
- Aruba (Part of HP)
- Beckhoff Automation
- Honeywell Process Solutions
- Schneider Electric
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by technology
Part 07: Market segmentation by end-user
Part 08: Geographical segmentation
Part 09: Decision framework
Part 10: Drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/3gcbdw/global_industrial