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
  • Rockwell Collins
  • Schneider Electric
  • Silicon Laboratories
  • STMicroelectronics
  • Thermo Fisher Scientific
  • Vishay Precision Group

You may also be interested in...

REI Systems

REI to Support EPA’s Small Business Proposal Review Process

The Environmental Protection Agency has enlisted the help of REI Systems to assess technology development and commercialization proposals for EPA's Small Business Innovation Research program.

Blue Origin

Blue Origin Names Seven Advisory Board Members

Jeff Bezos' Blue Origin rocket venture has appointed seven government and industry veterans to its newly formed board of advisers that will counsel the firm's leadership team on space business matters.

NASA Flight Opportunities

NASA Adds Virgin Galactic, Masten to Payload Flight IDIQ

NASA has added Virgin Galactic and Masten Space Systems as awardees on a $45M multiple-award contract to help the agency test payloads on suborbital reusable launch vehicles as part of the Flight Opportunities program.