About Industrial Wireless Sensors Market
Industrial wireless sensors are measurement instruments inculcated with transmitters that convert signals from process controlled instruments into a radio signal. It is predominantly used in the industrial processes as specific locations which are not readily accessible due to factors such as high temperature, pH, pressure. The market is also witnessing an increase in the need for monitoring and analyzing real-time data. In the recent past, companies across industries especially oil and gas register high operational expenses due to lack of monitoring. Also, the delay in maintenance checks halts the entire production process, which, in turn, affects buyers' revenue. Therefore, buyers across industries are adopting measures such as industrial automation, which provides real-time status of entire plant operation. Such measures from the end-user sectors to automate industrial processes increase the need for industrial wireless sensors.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Industrial Wireless Sensors Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
SpendEdge’s report, Global Industrial Wireless Sensors Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- The rise in demand from end-user industries
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Category constraints - The difficulty in reliability assessment of procured industrial wireless sensors
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Procurement best practices - Identifying and engaging with suppliers that hold expertise in designing networks
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Key questions answered in this report - What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints to category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
- PART 1: CATEGORY AT A GLANCE
- TAKEAWAY 01 | Market Overview
- TAKEAWAY 02 | Demand and Supply Snapshot
- TAKEAWAY 03 | Key Market Dynamics
- TAKEAWAY 04 | Supply Market Highlights
- TAKEAWAY 05 | Pricing Insights
- TAKEAWAY 06 | Procurement Insights
- PART 2: SCOPE OF THE REPORT
- Category Definition
- Research Methodology
- PART 3: MARKET INSIGHTS
- Category Spend Analysis
- Category Maturity by Regions
- Demand-Supply Shifts
- Regional Demand-Supply Snapshot
- Market Developments
- Regional Impact of Trends
- Key Category Growth Drivers and Corresponding Regional Impacts
- Major Category Growth Constraints and Corresponding Regional Impacts
- Key Current Technological Innovations
- Major Regulatory Frameworks
- Strategic Sustainability Practices
- Porter’s Five Forces
- PESTLE Analysis
- PART 4: SUPPLY MARKET INSIGHTS
- Supplier Operational Capability Matrix
- Other Prominent Suppliers by Region: Operational Capability Matrix
- Supplier Functional Capability Matrix
- Other Prominent Suppliers by Region: Functional Capability Matrix
- Key Clients/Partners
- Supplier Cost Breakup
- Supplier Positioning Matrix
- PART 5: PRICING INSIGHTS
- Pricing Models Snapshot
- Pricing Models – Pros and Cons
- Indicative Pricing
- PART 6: PROCUREMENT INSIGHTS
- Major Category Requirements
- Major Procurement Pain Points
- Category Sourcing Evolution Matrix
- Procurement Best Practices
- Cost-saving Opportunities
- Supplier Selection Criteria
- Category Negotiation Strategies
- SLA Terms
- Supplier Evaluation Criteria
- Category Risk Analysis
- PART 7: TOP FIVE SUPPLIERS
- ABB
- Honeywell
- Emerson
- Siemens
- Texas Instruments
- PART 8: APPENDIX
- Glossary
- Key Notes
- About Us