Login

Library
Shopping Cart
Drug DB
Remember Me
Forgot password/Login issues?
loading animation for AJAX calls
 
 

Instrumentation And Sensors

Global Markets and Technologies for Wireless Sensors

Bookmark and Share

REPORT HIGHLIGHTS

  • The global market for wireless sensor devices totaled $532 million in 2010 and $790 million in 2011. This market is expected to increase at a 43.1% compound annual growth rate (CAGR) and reach an estimated $4.7 billion by 2016.
  • Industrial installation is the largest end vertical application segment for wireless sensor devices. This segment was worth $369 million in 2011 and is expected to reach $2.4 billion by 2016, a CAGR of 46% between 2011 and 2016.
  • The residential automation and energy management domain is the second-largest market for wireless sensors. This sector was worth $244 million in 2011 and is expected to reach $1.1 billion by 2016, a CAGR of 35.5% between 2011 and 2016.

SUMMARY FIGURE
VALUE OF THE GLOBAL MARKET FOR WIRELESS SENSOR DEVICES BY END VERTICAL APPLICATION, 2009-2016
($ MILLIONS)
Source: BCC Research