Industrial Wireless Transmitter Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Industrial Wireless Transmitter Market Analysis

The Industrial Wireless Transmitter Market size is estimated at USD 3.08 billion in 2024, and is expected to reach USD 4.25 billion by 2029, growing at a CAGR of 6.64% during the forecast period (2024-2029).

Industrial wireless transmitters network has viewed immense growth as technology companies globally accelerated innovation in the fight against the COVID-19 pandemic. The need for tiny devices is behind advances in electronics, thus, ranging from thermal imaging and faster point-of-care testing to microfluidics-based polymerase chain reaction (PCR) tools and techniques to detect SARS-CoV-2.

• Industrial wireless temperature transmitters and sensors in the market employed Internet of Things (IoT) connectivity to speed up COVID-19 screening. Multiple companies joined forces to develop a series of human body temperature monitoring wearable devices. The wearable devices' transmitters offered real-time data to frontline healthcare workers and let them quickly screen individuals with a high temperature, one of the most common symptoms of COVID-19. Moreover, Shanghai Public Health Clinical Center (SPHCC) used California-based connected health startup VivaLNK's continuous wireless temperature transmitters and sensors network to monitor COVID-19 patients, which decreased the risks of caregivers being exposed to the virus.
• The growing automation and robotics industry, growing demand for a wireless transmitter network in asset monitoring, security, and transportation, and improved reliability with communication technology advancements are the influential factors driving the industrial wireless transmitter market.​
• These transmitters are primarily used in factory settings for data monitoring of production flow. These also find applications in defense, building automation, and other industries, like materials handling and food and beverage.
• Due to the increased government regulation for the increased use of transmitters for safety, the demand for wireless transmitters is growing. For example, the areas with challenging environmental conditions, such as extreme high pressure, high temperature, etc. With the help of industrial wireless transmitters, it becomes easy to control and monitor the facility from a safe distance continually. They help to acquire the data from locations that are difficult to access.​
• Further, transforming the growth of smart homes and buildings, smart cities, and smart factories demand the use of industrial wireless transmitters, owing to the small form factor, low power consumption, high precision, and ability to control and monitor ambient parameters (such as humidity, pressure, and air quality) in smart homes with the help of wireless technologies.​
• As the automotive industry strives to comply with worldwide environmental regulations, the efforts to boost efficiency and achieve better control of engine systems are more crucial than ever. These applications demand efficient wireless transmitter networks to accurately monitor conditions through Bluetooth technology, and battery-free radio frequency identification (RFID) technology enhances efficiency by concentrating on non-critical systems inside vehicles.​
• In November 2022, OleumTech introduced two new Hydrogen Sulfide (H2S) Gas Detection Transmitters: one to its OTC Wireless Sensor Network platform and the other to its H Series hardwired process instrumentation product line. The new H2S Transmitters were designed to continuously monitor air quality and generate alarms when H2S levels exceed user-configured setpoints.
• Further, in June 2022, Optex Co., Ltd. launched the Multi-Converter OWU-300M Series IoT wireless units, which use LTE-Cat M1*1 as their communication standard. Optex’s IoT wireless units make IoT possible by simply connecting existing transmitters, sensors, and switches, allowing for simple monitoring of sensor data and operational status from remote locations.

Industrial Wireless Transmitter Market Trends

Energy and Power is Expected to Hold a Significant Share

Industrial Wireless Transmitter Industry Segmentation

Transmitters convey information through radio waves and are used for various industry functions. The inclusion of wireless connectivity in industries is found to increase the reliability of systems. The use of wires for transmitters poses multiple challenges for the location and limits the connectivity of the transmitters through wires. These wires also provide a complex system to maintain and operate. The wireless networks have now achieved the industrial standard and are ready to be implemented in an industrial workspace. Implementing systems, such as SCADA, can also be eased compared to wired infrastructure, as the hassles of rewiring a system to make it visible can be removed.

The industrial wireless transmitter market is segmented by type (general purpose, level transmitters, pressure transmitters, flow transmitters, temperature transmitters, and other types), end-user (energy and power, food and agriculture, industrial automation, water, and wastewater treatment, and other end-users), and geography (North America, Latin America, Europe, Asia-Pacific, and Middle East and Africa). The impact of macroeconomic trends on the market is also covered under the scope of the study. The market sizes and forecasts are provided in terms of value in (USD) for all the above segments.