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Wireless Remote Probe Temperature Sensors Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Honeywell (NasdaqGS: HON), OMEGA Engineering, Emerson (NYSE: EMR), ABB

18 Aug, 2022 | 135 Pages
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Over the next five years the Wireless Remote Probe Temperature Sensors market will register an 7.8% CAGR in terms of revenue, the global market size will reach USD 24.93 billion by 2027.



Wireless Remote Probe Temperature Sensors Market Overview



The market for wireless remote probe temperature sensors was valued at 16.06 million units in 2021 and is projected to increase at a CAGR of 7.8% to reach 24.93 million units by 2027. (2022-2027). The main factor boosting the demand for wireless sensors in asset monitoring, security, and quality assurance is the introduction of process and monitoring automation in industrial processes. The market for wireless remote probe temperature sensors is mostly driven by the increased reliability of networked equipment brought about by developments in communication technologies.



Small-sized wireless remote probe temperature sensors are available. The low-cost wireless communication-enabled sensors are used to create different temperature monitoring and control networks for use in a variety of industries, including industrial automation, process control, patient monitoring systems, asset tracking, and internal and external climate sensing, among others.



The main trends affecting the industry globally include increasing investments in research and development of new sensor technologies as well as infrastructure upgrades to support and integrate technologies like IoT and automation.



The demand for wireless remote probe temperature sensors is also rising as a result of tighter government regulations on the increased use of sensors for safety. For instance, wireless sensors are necessary in places with harsh environmental conditions like high pressure and temperature. Controlling and keeping an eye on the facility from a secure distance becomes simple. They aid in gathering information from challenging-to-access regions.



Who are the Major Players in Wireless Remote Probe Temperature Sensors Market?



The Wireless Remote Probe Temperature Sensors Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market Honeywell, OMEGA Engineering, Emerson, Dwyer Instruments, ABB and others.



Industry News:



ABB launches highly accurate, non-invasive temperature sensor



ABB is ushering in a new era in temperature measurement with the launch of NiTemp, a non-invasive temperature sensor that opens new and unprecedented opportunities for temperature measurement in process plants worldwide. NiTemp offers a simpler and safer way of measuring process temperature without the need to shut down, drill a hole or install a thermowell. With its innovative double sensor architecture and specially developed calculation algorithm, NiTemp greatly enhances safety and reduces installation costs without sacrificing the quality of the measurement.




Wireless Remote Probe Temperature Sensors Market provides details by vendors, including company total revenue (financials), company overview, market potential, global presence, his business report briefly talks about market performance of each business sector covering growth factors and sales volume. this analysis provides the This Wireless Remote Probe Temperature Sensors Market analysis report provides recent trends, granular level data covering market size and share. It provides all the recent updates about CORONA virus and its impact on world economy and human health. By getting this data, key players can obtain profit making and right business opportunities for future growth. Its further guides to increase the product demand and business expansion.



What are the major Applications, Types and Regions for Wireless Remote Probe Temperature Sensors Market?



By Type, it is segmented into




  •     Single Channel

  •     Dual Channel

  •     Multi Channel



By Applications it is segmented into




  •     Single Channel

  •     Dual Channel

  •     Multi Channel



Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 11.8.




  •     Indoor

  •     Outdoor



Wireless Remote Probe Temperature Sensors Market Regional Analysis



Adopting smart factories, intelligent manufacturing, and the presence of multiple industrial wireless probe temperature sensor manufacturers and system integrators in the different parts of North America are expected to drive growth in the market.



The 5G adoption push in North America has enabled MIMO (Multiple Input Multiple Output) networking capabilities and fast multimedia file transfers for temperature sensor networks. Additionally, using wireless temperature sensors in favour of wired ones will reduce maintenance requirements and enhance available space in commercial facilities.




  • North America

    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Wireless Remote Probe Temperature Sensors Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Wireless Remote Probe Temperature Sensors Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Wireless Remote Probe Temperature Sensors Market report scope?























































 



Report Attributes



 



 



Report Details



 



Forecast Period 2022 to 2027 CAGR



 



CAGR of 7.8% during the review period (2022 to 2027).



 



By Type



 




  •     Single Channel

  •     Dual Channel

  •     Multi Channel



 



By Application



 




  •     Single Channel

  •     Dual Channel

  •     Multi Channel



Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 11.8.




  •     Indoor

  •     Outdoor



 



 



 



By Companies



 



 



Honeywell, OMEGA Engineering, Emerson, Dwyer Instruments, ABB



 



 



 



Regions Covered



 




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



 



 



 



 



 



 



 



 



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



 



Base Year



 



 



2022



 



Historical Year



 



 



2017 to 2021



Forecast Year



 



2022 to 2027



Number of Pages



135



 



Customization Available



 



 



Yes, the report can be customized as per your needs




 Key Takeaways from this Wireless Remote Probe Temperature Sensors Report




  • Evaluate Wireless Remote Probe Temperature Sensors market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Wireless Remote Probe Temperature Sensors market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.



Frequently Asked Questions



What is the study period of this market?



The Wireless Remote Probe Temperature Sensors Market is studied from 2017 - 2027.



What is the growth rate of Wireless Remote Probe Temperature Sensors Market?



The Wireless Remote Probe Temperature Sensors Market is growing at a CAGR of 10% over the next 5 years.



Who are the key players in Wireless Remote Probe Temperature Sensors Market?



Honeywell, OMEGA Engineering, Emerson, Dwyer Instruments, ABB



What region does this Wireless Remote Probe Temperature Sensors Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Wireless Remote Probe Temperature Sensors Market?



Single Channel, Dual Channel, Multi Channel



What are the major end-use applications of Wireless Remote Probe Temperature Sensors Market?



Single Channel, Dual Channel, Multi Channel, Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 11.8., Indoor, Outdoor


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL WIRELESS REMOTE PROBE TEMPERATURE SENSORS MARKET BY TYPES

    3. GLOBAL WIRELESS REMOTE PROBE TEMPERATURE SENSORS MARKET BY APPLICATION



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND OF WIRELESS REMOTE PROBE TEMPERATURE SENSORS



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST OF RAW MATERIAL



    3. OPPORTUNITIES

      1. WIRELESS REMOTE PROBE TEMPERATURE SENSORS GROWTH

      2. APPLICATION OF WIRELESS REMOTE PROBE TEMPERATURE SENSORS



    4. IMPACT OF COVID 19



  5. GLOBAL WIRELESS REMOTE PROBE TEMPERATURE SENSORS MARKET, BY TYPES

    1. INTRODUCTION

    2. SINGLE CHANNEL

    3.  DUAL CHANNEL

    4.  MULTI CHANNEL

    5. OTHERS



  6. GLOBAL WIRELESS REMOTE PROBE TEMPERATURE SENSORS MARKET, BY APPLICATIONS

    1. INTRODUCTION

    2.     SINGLE CHANNEL

    3.     DUAL CHANNEL

    4.     MULTI CHANNEL





SEGMENTATION BY APPLICATION: BREAKDOWN DATA FROM 2016 TO 2021, IN SECTION 2.4; AND FORECAST TO 2026 IN SECTION 11.8.






    1. INDOOR

    2. OUTDOOR

    3. OTHERS



  1. GLOBAL WIRELESS REMOTE PROBE TEMPERATURE SENSORS MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  2. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  3. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1.     Honeywell

      2.     OMEGA Engineering

      3.     Emerson

      4.     Dwyer Instruments





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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