A wireless industrial router is a specialized networking device designed to provide wireless connectivity and networking capabilities in industrial environments. It enables seamless communication between various devices, machines, sensors, and control systems within an industrial network. Wireless industrial routers are built with ruggedized designs and components to withstand the harsh conditions and demanding requirements of industrial settings. They are typically housed in durable metal enclosures that provide protection against extreme temperatures, vibrations, moisture, dust, and other environmental factors.
Wireless industrial routers offer advanced network management capabilities. They allow administrators to configure, monitor, and control the network infrastructure efficiently. Remote management features enable administrators to access and manage routers from a central location, facilitating remote troubleshooting, firmware updates, and configuration changes. Network monitoring tools provide real-time visibility into network performance, traffic analysis, and device diagnostics.
The wireless industrial router market is expected to witness notable growth during the forecast period owing to surge in adoption of Industrial Internet of Things (IIoT), Increase in demand for reliable secured connectivity, and growth in adoption of robotics technology in emerging countries. Moreover, advent of the 5G Network connectivity is expected to provide lucrative opportunities for the growth of the wireless industrial router market during the forecast period. On the contrary, the high investment and shortage of skilled IT professionals is the restraint for wireless industrial router market growth during the forecast period.
The Wireless industrial router market is segmented on the basis of type, frequency band, and region. On the basis of type, the market is bifurcated into modular routers, and non-modular routers. In 2022, the modular routers segment dominated the market, in terms of revenue, and it is expected to acquire major market share till 2032. On the basis of frequency band, the market is segregated into single band, dual band, and tri band. The dual band segment acquired the largest share in 2022 and tri band is expected to grow at a significant CAGR from 2023 to 2032.
Region-wise, the wireless industrial router market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Competitive analysis and profiles of the major global wireless industrial router market players that have been provided in the report Include Advantech, Alcatel-Lucent, ANTAIRA TECHNOLOGIES, LLC., Cisco, Four-Faith, HMS Networks, Moxa, Peplink, Queclink Wireless Solutions Co., Ltd., and Ruijie Networks Co., Ltd. The key strategies adopted by the major players of the wireless industrial router market are product launch, and product development
Wireless industrial routers offer advanced network management capabilities. They allow administrators to configure, monitor, and control the network infrastructure efficiently. Remote management features enable administrators to access and manage routers from a central location, facilitating remote troubleshooting, firmware updates, and configuration changes. Network monitoring tools provide real-time visibility into network performance, traffic analysis, and device diagnostics.
The wireless industrial router market is expected to witness notable growth during the forecast period owing to surge in adoption of Industrial Internet of Things (IIoT), Increase in demand for reliable secured connectivity, and growth in adoption of robotics technology in emerging countries. Moreover, advent of the 5G Network connectivity is expected to provide lucrative opportunities for the growth of the wireless industrial router market during the forecast period. On the contrary, the high investment and shortage of skilled IT professionals is the restraint for wireless industrial router market growth during the forecast period.
The Wireless industrial router market is segmented on the basis of type, frequency band, and region. On the basis of type, the market is bifurcated into modular routers, and non-modular routers. In 2022, the modular routers segment dominated the market, in terms of revenue, and it is expected to acquire major market share till 2032. On the basis of frequency band, the market is segregated into single band, dual band, and tri band. The dual band segment acquired the largest share in 2022 and tri band is expected to grow at a significant CAGR from 2023 to 2032.
Region-wise, the wireless industrial router market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Competitive analysis and profiles of the major global wireless industrial router market players that have been provided in the report Include Advantech, Alcatel-Lucent, ANTAIRA TECHNOLOGIES, LLC., Cisco, Four-Faith, HMS Networks, Moxa, Peplink, Queclink Wireless Solutions Co., Ltd., and Ruijie Networks Co., Ltd. The key strategies adopted by the major players of the wireless industrial router market are product launch, and product development
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the wireless industrial router market analysis from 2022 to 2032 to identify the prevailing wireless industrial router market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the wireless industrial router market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report Includes the analysis of the regional as well as global wireless industrial router market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Modular Routers
- Non-modular Routers
By Frequency Band
- Single Band
- Dual Band
- Tri Band
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Advantech Co., Ltd.
- Alcatel-Lucent
- ANTAIRA TECHNOLOGIES, LLC.
- Cisco
- Four-Faith
- HMS Networks
- Moxa Inc.
- Peplink
- Queclink Wireless Solutions Co., Ltd.
- Ruijie Networks Co., Ltd
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: WIRELESS INDUSTRIAL ROUTER MARKET, BY TYPE
CHAPTER 5: WIRELESS INDUSTRIAL ROUTER MARKET, BY FREQUENCY BAND
CHAPTER 6: WIRELESS INDUSTRIAL ROUTER MARKET, BY REGION
CHAPTER 7: COMPETITIVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to a new report, titled, 'Wireless Industrial Router Market,' The wireless industrial router market was valued at $7.9 billion in 2022, and is estimated to reach $14.7 billion by 2032, growing at a CAGR of 6.5% from 2023 to 2032.The wireless industrial router market is likely to experience a significant growth rate of 6.5% from 2023-2032 owing Surge in adoption of Industrial Internet of Things (IIoT), increase in demand for reliable secured connectivity, and growth in adoption of robotics technology in emerging countries.
A wireless industrial Wi-Fi router is a networking device designed specifically for industrial environments, where reliable and high-performance wireless connectivity is required. It serves as a central hub for connecting multiple devices to a local area network (LAN) and provides wireless internet access to those devices. These routers are built to withstand harsh conditions typically found in industrial settings, such as extreme temperatures, dust, vibrations, and electromagnetic interference. They are designed with robust hardware and advanced features to ensure stable and uninterrupted wireless connectivity in challenging environments. Industrial Wi-Fi routers often support the latest wireless standards, such as 802.11ac or 802.11ax (Wi-Fi 5 or Wi-Fi 6), enabling fast and secure wireless connections. They may offer multiple antennas or MIMO (Multiple-Input Multiple-Output) technology to improve signal strength and coverage.
Furthermore, these routers often include advanced security features to protect sensitive data and prevent unauthorized access. They may support various encryption protocols, firewall capabilities, virtual private network (VPN) connectivity, and authentication mechanisms. The primary purpose of a wireless industrial Wi-Fi router is to enable reliable wireless communication and connectivity between industrial devices, such as programmable logic controllers (PLCs), sensors, cameras, and other equipment, facilitating data exchange, remote monitoring, and control in industrial environments.
Key factors driving the growth of the wireless industrial router market include increasing adoption of Industrial IoT, the push for Industry 4.0 initiatives, the need for wireless connectivity in challenging environments, the demand for remote monitoring and control, the expansion of industrial wireless networks, the focus on security, and technological advancements are key factors contributing to the growth of the wireless industrial router market. Many industries, such as manufacturing, logistics, and utilities, are expanding their wireless network infrastructure to improve operational efficiency and productivity. Wireless industrial routers play a crucial role in expanding and managing these networks, offering high-speed wireless connectivity and seamless integration with existing infrastructure. With the rise of remote work and decentralized operations, there is a growing need for remote monitoring and control of industrial processes and equipment. Wireless industrial routers enable secure and reliable remote access to industrial networks, facilitating real-time monitoring, troubleshooting, and control from anywhere. Industrial environments often have complex layouts and challenging conditions, making wired connectivity difficult or impractical. Wireless industrial routers provide a flexible and convenient solution for connecting devices in such environments, eliminating the need for extensive wiring and reducing installation and maintenance costs.
The market also offers growth opportunities to the key players in the wireless industrial router market. The growth of edge computing in industrial environments creates opportunities for wireless industrial router providers. Edge computing involves processing data near the source, reducing latency and enabling real-time decision-making. Wireless routers with edge computing capabilities can offer localized data processing, analytics, and control, enhancing operational efficiency and enabling faster response times. In addition, there is a continuous demand for advanced features and capabilities in wireless industrial routers to meet the evolving needs of industrial environments. Key players can seize the opportunity to innovate and develop routers with enhanced performance, extended range, improved security, and compatibility with emerging wireless standards. Integration of edge computing capabilities, AI-based analytics, and cloud connectivity can further differentiate their offerings in the market.
The wireless industrial router market is segmented on the basis of type, frequency band, and region. On the basis of type, the market is bifurcated into modular routers, and non-modular routers. In 2022, the modular routers segment dominated the market, in terms of revenue, and it is expected to acquire major market share till 2032. On the basis of frequency band, the market is segregated into single band, dual band, and tri band. The dual band segment acquired the largest share in 2022 and tri band is expected to grow at a significant CAGR from 2023 to 2032.
- Region-wise, the wireless industrial router market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
Key Market Insights
The modular routers segment was the highest revenue contributor to the market, with $6,206.55 million in 2022, and is estimated to reach $11,648.23 million by 2032, with a CAGR of 6.53%.The dual band segment was the highest revenue contributor to the market, with $3,978.5 million in 2022, and is estimated to reach $7,271.99 million by 2032, with a CAGR of 6.25%..
The tri band and dual band segments are expected to witness considerable CAGRs of 8.36% and 6.25%, respectively, during the forecast period.
North America was the highest revenue contributor, accounting for $2,791.51 million in 2022, and is estimated to reach $5,273.94 million by 2032, with a CAGR of 6.6%.
Companies Mentioned
- Advantech Co., Ltd.
- Alcatel-Lucent
- ANTAIRA TECHNOLOGIES, LLC.
- Cisco
- Four-Faith
- HMS Networks
- Moxa Inc.
- Peplink
- Queclink Wireless Solutions Co., Ltd.
- Ruijie Networks Co., Ltd
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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