About Industrial Bluetooth
Industrial Bluetooth provides optimal features and coexistent operation with Wireless LAN networks to satisfy industrial requirements of robustness, seamless, and reliability. Industrial Bluetooth allows for multiple wireless links, offers fast connections, and has easier configuration and setup than many other wireless technologies and additionally to low power consumption. Industrial Bluetooth is an easy-to-use wireless solution and robust for industrial wireless applications. This projected the growth of the industrial Bluetooth market in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Players having a strong hold in the market are Intel Corporation, Dialog Semiconductor PLC, Microchip Technology Inc., and Nordic Semiconductor. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Industrial Bluetooth market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Intel Corporation (United States), Dialog Semiconductor PLC (United Kingdom), Microchip Technology Inc. (United States), Nordic Semiconductor (Norway), Texas Instruments Incorporated (United States), Atmel Corporation (United States), Advantech Co., Ltd. (Taiwan), Central Electronics Limited (India), STMicroelectronics (Switzerland) and Silicon Laboratories, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Industrial Bluetooth market by Type (Single-Mode Module and Dual-Mode Module) and Region.
On the basis of geography, the market of Industrial Bluetooth has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use Verticals, the sub-segment i.e. Oil and Gas will boost the Industrial Bluetooth market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. OEMs will boost the Industrial Bluetooth market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing High demand for Adopting Wireless Technologies in Developing Countries like India and China
Market Growth Drivers:
Growing Demand for a Wireless Network in Various Industries Globally and Low Cost Associated with Bluetooth Technology is Driving the Market
Restraints:
limited range of Bluetooth technology.
Opportunities:
Increasing Rapid Industrialization in Developing and Developed Countries
Market Leaders and their expansionary development strategies
In August 2018, Redpine Signals, Inc. has launched its industry-leading dual-mode Bluetooth 5 and 802.15.4 Wireless Secure MCU (WiSeMCU™) solution – RS13100 - with an integrated 180 MHz ARM® Cortex®-M4F MCU for customer applications.
Key Target Audience
Industrial Bluetooth Providers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.