Market Share of Europe Wireless Sensors Industry
The European wireless sensor is highly competitive owing to multiple vendors providing wireless sensors to the domestic and international markets. The market appears to be moderately fragmented, and the major players with a prominent share in the market are focusing on expanding their customer base across international countries. Additionally, these companies are continuously innovating their products to increase their market share and increase their profitability. Some of the recent developments in the market are:
- January 2021 - Everactive, a technology company that builds the Internet of Things (IoT) solutions, raised USD 35 million in funding to develop its battery-free wireless sensors. The funds will be used to accelerate sales, marketing, and product development of the company's battery-free wireless sensors for industrial applications. Moreover, Everactive's end-to-end monitoring solutions are aimed at high-volume industrial assets that are currently unmonitored or under-monitored due to sheer volume.
- November 2020 - Universität Würzburg developed a sensor film to monitor how an aircraft and spacecraft withstand the mechanical stresses of flight. The film uses tomographic measuring methods that are not yet common in aerospace. The film functions as a circuit carrier for a wireless sensor network and can also be attached to hard-to-reach places on aircraft and spacecraft, making it flexible.
Europe Wireless Sensors Market Leaders
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Honeywell International Inc.
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Emerson Electric Co.
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Schneider Electric
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Siemens AG
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ABB Ltd.
*Disclaimer: Major Players sorted in no particular order
