Wednesday, 1 January 2014

Global Industrial Wireless Automation Market 2014-2018

Reportstack has announced a new market research publication on Global Industrial Wireless Automation Market 2014-2018. The following companies are the key players in the Global Industrial Wireless Automation Market: Emerson Electric Co., Honeywell International Inc., Siemens AG, and Yokogawa Electric Corp. “Further development in wireless technology will help wireless automation to be used across a wide range of applications in the Industrial sector and will also help reduce operational costs in the long run. There has already been high adoption of wireless technologies such as Bluetooth, ZigBee, and WLAN. Other solutions such as WirelessHART, and SP100, also aid in the widespread use of wireless automation across various applications. The impact of the development of wireless technology and its use for different applications is expected to be high during the forecast period.”

According to the report, the Global Industrial Wireless Automation market is witnessing many growth drivers, one of which is the increasing need for remote monitoring. Efficient monitoring and sensing of on-going processes in an industry can lead to significant improvements in overall productivity. Further, the report states that one of the major challenges in the market is concern amongst end-users about the reliability and security of 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. For further information on this report, please visit http://www.reportstack.com/product/148227/global-industrial-wireless-automation-market-2014-2018.html

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