Thursday 30 April 2015, Amsterdam
The report recognizes the following companies as the key players in the Global Industrial Wireless Market in Process Automation: Cisco Systems Inc., Emerson Electric Co., Honeywell International Inc., Siemens AG and Yokogawa Electric Corp.
Other Prominent Vendors in the market are: ABB, Belden, Exloc Instruments, Motorola, Moxa, Ruckus Wireless and Westermo
The report said: “One major trend upcoming in this market is the integration of various wireless technologies such as WLAN, Bluetooth, VoIP, Zigbee, and wireless sensors. The interoperability of technologies is a major issue, and vendors are trying to address it by working closely with end-users.”
According to the report, one of the major factors driving the growth of this market is the advances in technologies. The increase in R&D has resulted in more reliable wireless devices. This factor coupled with the advantage of remote monitoring is positively affecting the market growth.
Further, the report states that one of the major challenges in this market is the reluctance to shift to wireless automation. The lack of awareness among end-users regarding the advantages of wireless technology and the fact that they have already invested significantly in cables make them reluctant to shift to wireless technology.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.