The Industrial Wireless Automation Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Industrial Wireless Automation Market?
The historical growth trend in the Industrial Wireless Automation Global Market Report 2025 market shows a strong increase. The market size was $5.18 billion in 2024 and is projected to grow to $5.62 billion in 2025, with a compound annual growth rate (CAGR) of 8.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Industrial Wireless Automation Industry?
The Industrial Wireless Automation Global Market is predicted to increase significantly, reaching $7.64 billion by the year 2029. This growth represents a compound annual growth rate (CAGR) of 8.0%.
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What are the Key Growth Drivers Fueling the Industrial Wireless Automation Market?
The key drivers in the industrial wireless automation market are:
• Expansion of Internet of Things (IoT) and edge computing
• Increasing demand for remote monitoring and predictive maintenance
• Growth of smart manufacturing and industrial IoT
• Integration with Industry 4.0 initiatives and rapid adoption of 5G technology, AI, machine learning, and focus on cybersecurity.
Global Market Segmentation: Identifying Major Industrial Wireless Automation Industry Segments
The industrial wireless automation market covered in this report is segmented –
1) By Product: Process Industry, Discrete Industry
2) By Organization: Large Enterprise, Small And Medium-sized Enterprises (SMEs)
3) By Application: Oil And Gas, Petrochemical, Water And Wastewater, Energy, Other Applications
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What are the Emerging Trends Shaping the Future of the Industrial Wireless Automation Market?
The key trends in the industrial wireless automation market are:
• The industrial wireless automation sector will be shaped by deeper integration with Industry 4.0 initiatives.
• The rapid adoption of 5G technology is surfacing as a vital trend.
• The incorporation of AI and machine learning in systems is a significant emerging trend.
• The focus on enhancing cybersecurity is another critical trend shaping the future of the market.
Who Are the Top Competitors & Leading Players in the Industrial Wireless Automation Market?
Major companies in the industrial wireless automation market are:
• Siemens AG
• Cisco Systems Inc.
• Mitsubishi Electric Corporation
• Schneider Electric SE
• Honeywell International Inc.
• ABB Ltd.
• Eaton Corporation plc
• Emerson Electric Co.
• Rockwell Automation Inc.
• Omron Corporation
• Phoenix Contact GmbH & Co KG
• Endress+Hauser AG
• Yokogawa Corporation of America
• Belden Inc.
• Rittal GmbH & Co KG
• Advantech Co Ltd.
• Sick AG
• Weidmüller Interface GmbH & Co KG
• HARTING Technology Group
• Pepperl+Fuchs AG
• B&R Industrial Automation GmbH
• Digi International Inc.
• Moxa
• Turck Holding GmbH
• Banner Engineering Corp.
• OleumTech Corporation
• ProSoft Technology Inc.
Regional Dominance: Which Area Leads the Global Industrial Wireless Automation Market?
North America was the largest region in the industrial wireless automation market in 2024
