Wireless Sensors Market for Industrial Street Lighting Applications - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Wireless Sensors Market for Industrial Street Lighting Applications - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : September, 2020 | Technology & Media | PPT format

Report Digest


Global Wireless Sensors Market: Snapshot

Wireless sensors are measurement tools having transmitters that transform signals from process control instruments into a radio transmission. The radio signal is decoded by a receiver that transforms the wireless signal to the required particular output, such as an analog current or data analysis through computer software. 

Wireless sensors are typically self-powered and self-configuring. They are leveraged to gather environmental data and carry out actuation tasks accurately and effectively. For example, in industrial street lighting, wireless sensors are placed on lamp posts or lighting points to regulate the lighting and draw information on diagnostics, operations, and failures. Wireless sensors not just enhance industrial street lighting but also brings down the consumption of power. As a result, the demand for intelligent lighting solutions is likely to receive a boost with the growing adoption of wireless sensors.

When combined with cloud computing and big data processing, wireless sensors present the possibility of achieving easy human-system interaction. However, uncertainty over the reliability of wireless systems and costly wireless technology are serving as roadblocks to the market.

The market for wireless sensors for industrial street lighting is still in a nascent stage and hence the technology is primarily limited to developed nations in North America and Western Europe. Asia Pacific, however, is a highly attractive market powered by the comparatively advanced nations of Australia, Japan, China, and South Korea. Most of the vendors in the market are concentrated in Japan, North America, and South Korea. Overall, the market is characterized by stiff competition and no vendor is decidedly a market leader.

Wireless Sensors Market: Overview

Wireless sensors are self-powered and self-configuring sensors used to sense environmental data and perform actuation functions efficiently and accurately. In industrial street lighting applications, wireless sensors are fixed on to lamp posts or lighting points in order to regulate the lighting and gain information on aspects such as diagnostics, operations, and failures. The use of wireless sensors not only enhances industrial street lighting but also curbs the consumption of power. As a result, the demand for intelligent lighting solutions is likely to receive a boost with the growing adoption of wireless sensors. When combined with cloud computing and big data processing, wireless sensors presents the possibility of achieving easy human-system interaction. However, uncertainty over the reliability of wireless systems and the high cost of wireless technology are the major challenges this market currently faces.

Wireless Sensors Market: Report Offerings

The report on the global market for wireless sensors for industrial street lighting applications has been prepared after thorough research and collection of data from primary and secondary sources. The latest industry tools have been deployed to assess this information and draw conclusions from it. The Porter’s Five Forces model, SWOT analysis, market attractiveness, value chain analysis, and feasibility studies are some of the tools used by analyst to give readers a 360-degree overview of the wireless sensors market for industrial street lighting applications.

The prominent factors driving and hampering the market have been discussed at length, along with sharp insights on the leading geographical and product segments. A dedicated section on the vendor landscape sheds light on the most prominent players in the wireless sensors market for industrial street lighting applications. Their recent developments, business strategies, product portfolio, geographical expansion activities, and financial standing have been scrutinized to give clients a clear understanding of their competition.

Wireless Sensors Market: Segmentation Analysis

The wireless sensors market for industrial street lighting applications can be segmented on the basis of type and geography. On the basis of types, the three major categories are MEMS-based sensors, which include pressure sensors, accelerometers, and acoustic sensors; CMOS-based sensors, which include humidity sensors, temperature sensors, and proximity sensors; and LED sensors, such as ambient light sensing.

The market for wireless sensors for industrial street lighting applications is geographically fragmented into North America, Asia Pacific, Europe, and the Rest of World (RoW). Owing to the fact that the market is still in its infancy stage, the technology is primarily limited to developed regions such as North America and Western Europe. Asia Pacific is an immensely promising market for wireless sensors, especially in relatively developed countries such as Japan, China, Australia, and South Korea.

Wireless Sensors Market: Competitive Landscape

American Sensor Technologies, Inc., (U.S.), Avir Sensors, (U.S.), YSI Incorporated, (U.S.), Coastal Environmental Systems, Inc., (U.S.), Measurement Specialties Inc., (U.S.), STMicroelectronics N.V., (Switzerland), MEMSIC Inc., (U.S.), Sutron Corporation, (U.S.), Meridian Environmental Technology, Inc., (U.S.), E.S.I. Environmental Sensors Inc., (Canada), and ASM Automation Sensornik Messtechnik GmbH, (Germany) are some of the leading players operating in the market for wireless sensors for industrial street lighting applications.

It has been observed that most of the vendors are headquartered in North America, Japan, and South Korea. Moreover, since there is no clear leader in the market for wireless sensors for industrial street lighting applications, the degree of competition is extremely high.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?