Research Report on Industrial Wireless Sensor Networks Market

A new market research report titled “Industrial Wireless Sensor Networks (IWSN) Market – Global Forecast & Analysis (2012 – 2017): By Technology, Components, Applications, Geography” published by MarketsandMarkets states that the IWSN market has been forecasted to attain $3.795 B by 2017 at a CAGR of 15.58% between 2012 and 2017. The market growth is expected to increase from $1.610 B in 2011 to $3.795 B in 2017.

The growth of wireless technologies has been stimulated by the recent increase in demand for wireless sensor networks. Rapid growth is expected in Asia-Pacific, backed by China. India is also achieving global market shares.

The Wireless Sensor Network (WSN) consists of "nodes", each node is equipped to one or several sensor. Each sensor network node is comprised of a microcontroller, radio transceiver having an internal antenna or linked to an external antenna, an electronic circuit for supporting sensor interfaces and an energy source.

A sensor node exists in different sizes. Based on the complexity of the individual sensor nodes, the prices of sensor nodes may vary. The limited size and cost of sensor nodes leads to limitation in resources like communications bandwidth, energy, computational speed, and memory. WSNs include varied topology extending from simple star network to next-generation multi-hop wireless mesh network. Routing or flooding propagation technique exists between the hops of the network.

In addition to using proprietary technologies such as WirelessHART, ISA100.11a, 6loWPAN, IWSN market employs other technologies like GSM, IEEE 802.11, ZigBee, CDMA, Bluetooth, and GPRS. The WirelessHART standard covers the industrial sector on a large scale. The IWSN market shows a rapid growth in the U.S. compared to Asia-Pacific, Europe, etc.

Source: http://www.marketsandmarkets.com/

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