Research and Markets: Global Wireless Sensors Market to Hit Nearly 21% CAGR Through 2019

market researchA new Research and Markets report predicts the global wireless sensors market will gain a 20.58-percent compound annual growth rate during the period from 2014 to 2019.

The market research firm said Nov. 12 the rising adoption of smart devices will drive the market’s growth during the forecast period.

Research and Markets highlighted several trends in the report such as increased investments in research and development and the application of energy-harvesting devices as power source for wireless sensors.

Poor interoperability of sensors resulting in compatibility problems among devices will pose a challenge to the market, according to the report.

Key companies cited the report are:

  • ABB
  • Emerson Electric
  • General Electric
  • Honeywell International
  • Siemens
  • Yokogawa Electric

Other prominent vendors include:

  • Ambient Micro
  • Aruba Networks
  • Atmel
  • BAE Systems
  • Bosch
  • Cisco
  • Draegerwerk
  • Dust Networks
  • EnOcean
  • Freescale Semiconductor
  • Gastronics
  • Industrial Scientific
  • Microsemi
  • Microstrain Sensing Systems
  • Mitsubishi Electric
  • OmniVision
  • OMRON
  • Rockwell Collins
  • Schneider Electric
  • Silicon Laboratories
  • STMicroelectronics
  • Thermo Fisher Scientific
  • Vishay Precision Group

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