Global Industrial Wireless Control Switches Market 2019-2023

Global Industrial Wireless Control Switches Market 2019-2023

About this market

Wireless systems are gaining prominence in industries; with increasing process complexity and need for flexible operations. Traditional control switches in this regard are paving the way for wireless control switches. Wireless control switches also eliminate the expenses incurred on maintenance. A wired control switch may undergo deterioration with time, owing to stress or bending of wires. In industries with a hazardous environment such as oil and gas and chemical and petrochemical: wires may degrade due to chemicals. Using wireless control switches. these maintenance-related issues can be resolved. Over the years advances in wireless technology and awareness about wireless control switches have led to an increased adoption of wireless control switches. This is further expected to increase during the forecast period. Technavio’s analysts have predicted that the industrial wireless control switches market will register a CAGR of over 4% by 2023.

Market Overview

Demand for wireless limit switches in packaging and material handling applications

The material handling industry has been aided by the growth in the e-commerce market. Packaging is an important part of the supply chain in the e-commerce market. With wired limit switches, any disruption in wire implies that the whole system needs to be halted. which can cause serious revenue loss. With wireless limit switches. replacement of faulty switch can be done quickly and swiftly.

Use of transmitters as alternatives

Many industries have started using transmitters instead of control switches in such applications. As it can measure the real-time performance of process variables. However: with better designs in transmitter and need for real-time data in industries. the popularity of transmitters is expected to increase in the future.

For the detailed list of factors that will drive and challenge the growth of the industrial wireless control switches market during the 2019-2023, view our report.

Competitive Landscape

The industrial wireless control switches market is moderately concentrated. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global industrial control switches market
      • Table Segments of global industrial control switches market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Wireless limit switch - Market size and forecast 2018-2023
      • Table Wireless limit switch - Market size and forecast 2018-2023 ($ millions)
      • Table Wireless limit switch - Year-over-year growth 2019-2023 (%)
    • Wireless push button - Market size and forecast 2018-2023
      • Table Wireless push button - Market size and forecast 2018-2023 ($ millions)
      • Table Wireless push button - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Rise in adoption of automation in industrial applications
    • Growing miniaturization of control switches
    • Growing need for remote management in the power and oil and gas sectors
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Honeywell
      • Table Honeywell - Vendor overview
      • Table Honeywell - Business segments
      • Table Honeywell - Organizational developments
      • Table Honeywell - Geographic focus
      • Table Honeywell - Segment focus
      • Table Honeywell - Key offerings
    • OMRON
      • Table OMRON - Vendor overview
      • Table OMRON - Business segments
      • Table OMRON - Organizational developments
      • Table OMRON - Geographic focus
      • Table OMRON - Segment focus
      • Table OMRON - Key offerings
    • Schneider Electric
      • Table Schneider Electric - Vendor overview
      • Table Schneider Electric - Business segments
      • Table Schneider Electric - Organizational developments
      • Table Schneider Electric - Geographic focus
      • Table Schneider Electric - Segment focus
      • Table Schneider Electric - Key offerings
    • steute Technologies
      • Table steute Technologies - Vendor overview
      • Table steute Technologies - Organizational developments
      • Table steute Technologies - Key offerings
    • ZF Friedrichshafen
      • Table ZF Friedrichshafen - Vendor overview
      • Table ZF Friedrichshafen - Business segments
      • Table ZF Friedrichshafen - Organizational developments
      • Table ZF Friedrichshafen - Geographic focus
      • Table ZF Friedrichshafen - Segment focus
      • Table ZF Friedrichshafen - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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