Table of Contents
Industrial wireless transmitters open up many new possibilities for highly flexible and efficient automation solutions. The factory automation market is gradually growing and will very soon replace the wired transmission technology completely. The key factor responsible for the growth of this market can be the increasing demand for the automotive industry apart from the major revenue contributions from Oil & Gas and Petrochemical industry verticals. Therefore advancements in such technologies can fuel the market growth of the industrial wireless transmitter industry.
Asia-Pacific market accounted for the highest market share in the industrial wireless transmitters market followed by North America and Europe. Growing automobile industry in China, Malaysia and Indonesia would have a positive impact on wireless transmitter market over 2014-2020.
Accelerating growth for the industrial wireless transmitter market will reflect a strengthening economy with nearly every sub market expanding at a greater pace when compared to the previous span of years
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