Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Industrial Wireless Routers Market to reach USD XX billion by the end of 2030.

Global Industrial Wireless Routers Market Size study & Forecast, by Type (Modular Routers, Non-modular Routers), by Application (Electric Power, Postal, Water Conservancy, Environmental Protection, Meteorological, Transportation, Others) and Regional Analysis, 2023-2030

Product Code: OIRIA-34016558
Publish Date: 20-10-2023
Page: 200

Global Industrial Wireless Routers Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Industrial wireless routers are networking devices designed specifically for use in industrial environments. They provide wireless connectivity and networking capabilities to industrial systems, machinery, and devices. These routers are built to withstand harsh conditions commonly found in industrial settings, such as extreme temperatures, humidity, dust, and vibrations. Industrial wireless routers play a crucial role in enabling reliable and secure communication within industrial automation systems. They allow various devices, such as programmable logic controllers (PLCs), sensors, HMIs (human-machine interfaces), and other equipment, to connect to a wireless network and exchange data. The Industrial Wireless Routers market is expanding because of factors such as rising industrial automation and the proliferation of IoT devices in industrial settings.

The increasing adoption of Internet of Things (IoT) in industrial sectors has created a demand for wireless connectivity solutions. Industrial wireless routers provide reliable and secure connectivity, enabling the seamless integration of devices and sensors in industrial environments. According to Statista, the number of Internet of Things connected devices worldwide, in the year 2021 stood at 11.28 billion devices and which increased to 13.14 billion devices in the year 2022, further it is projected to reach 29.42 billion by the year 2030. This indicates that there has been a rise in several industries using IoT devices including industrial settings. Furthermore, the Statista report also states that the global Industrial Internet of Things (IIoT) market size in the year 2021 stood at USD 263.52 billion which increased to USD 323.62 billion in the year 2022 and it is projected to reach USD 1110 billion by year 2028. This rising market share is resulting in market growth. In addition, ongoing technological advancements in wireless communication, and the expansion of smart factories are creating lucrative opportunities in the market. However, the high cost of Industrial Wireless Routers stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Industrial Wireless Routers Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the dominance of key market players, rising adoption of IoT devices, and rising expansion of industrial automation in the region. Europe is expected to grow significantly during the forecast period, owing to factors such as rising industrial automation, rising expansion of factory automation, and rising spending on industrial development in the region.

Major market player included in this report are:
Ruijie Networks Co., Ltd
Advantech Co Ltd
Alcatel-Lucent Enterprise
Moxa Technologies Inc
Ericsson Inc
Cisco Systems, Inc.
Creative Micro System
Shenzhen Yinghua Technology Co., Ltd
Four-Faith Communication Technology Co., Ltd.

Recent Developments in the Market:
Ø In April 2023, IoT solution supplier Queclink unveiled WR300FG, a high-performance 5G dual SIM dual mode industrial router. The product, which makes use of Queclink’s technology, intends to provide advantages, and add value for clients, partners, and other stakeholders. Even in tough settings, the new router, the WR300FG, enables dependable network performance and safe data transmission. With rapid networking, high dependability, and data security in various settings, WR300FG enables users to effortlessly access wired and wireless transmission networks.
Ø In November 2022, Hitachi Energy unveiled a brand-new industrial wireless router that provides secure, always-on cellular connectivity for a variety of crucial applications in remote network edge locations. Monitoring voltage monitors, circuit breakers, battery storage systems, and secondary utility substations are all included in this.

Global Industrial Wireless Routers Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Application, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Modular Routers
Non-modular Routers

By Application:
Electric Power
Water Conservancy
Environmental Protection

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Industrial Wireless Routers Market, by Region, 2020-2030 (USD Billion)
1.2.2. Industrial Wireless Routers Market, by Type, 2020-2030 (USD Billion)
1.2.3. Industrial Wireless Routers Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Industrial Wireless Routers Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Industrial Wireless Routers Market Dynamics
3.1. Industrial Wireless Routers Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Rising industrial automation Proliferation of IoT devices in industrial settings Increasing investment in industrial settings
3.1.2. Market Challenges High Cost of Industrial Wireless Routers
3.1.3. Market Opportunities Ongoing technological advancements in wireless communication Increasing expansion of smart factories
Chapter 4. Global Industrial Wireless Routers Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Industrial Wireless Routers Market, by Type
5.1. Market Snapshot
5.2. Global Industrial Wireless Routers Market by Type, Performance – Potential Analysis
5.3. Global Industrial Wireless Routers Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Industrial Wireless Routers Market, Sub Segment Analysis
5.4.1. Modular Routers
5.4.2. Non-modular Routers
Chapter 6. Global Industrial Wireless Routers Market, by Application
6.1. Market Snapshot
6.2. Global Industrial Wireless Routers Market by Application, Performance – Potential Analysis
6.3. Global Industrial Wireless Routers Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Industrial Wireless Routers Market, Sub Segment Analysis
6.4.1. Electric Power
6.4.2. Postal
6.4.3. Water Conservancy
6.4.4. Environmental Protection
6.4.5. Meteorological
6.4.6. Transportation
6.4.7. Others
Chapter 7. Global Industrial Wireless Routers Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Industrial Wireless Routers Market, Regional Market Snapshot
7.4. North America Industrial Wireless Routers Market
7.4.1. U.S. Industrial Wireless Routers Market Type breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Industrial Wireless Routers Market
7.5. Europe Industrial Wireless Routers Market Snapshot
7.5.1. U.K. Industrial Wireless Routers Market
7.5.2. Germany Industrial Wireless Routers Market
7.5.3. France Industrial Wireless Routers Market
7.5.4. Spain Industrial Wireless Routers Market
7.5.5. Italy Industrial Wireless Routers Market
7.5.6. Rest of Europe Industrial Wireless Routers Market
7.6. Asia-Pacific Industrial Wireless Routers Market Snapshot
7.6.1. China Industrial Wireless Routers Market
7.6.2. India Industrial Wireless Routers Market
7.6.3. Japan Industrial Wireless Routers Market
7.6.4. Australia Industrial Wireless Routers Market
7.6.5. South Korea Industrial Wireless Routers Market
7.6.6. Rest of Asia Pacific Industrial Wireless Routers Market
7.7. Latin America Industrial Wireless Routers Market Snapshot
7.7.1. Brazil Industrial Wireless Routers Market
7.7.2. Mexico Industrial Wireless Routers Market
7.8. Middle East & Africa Industrial Wireless Routers Market
7.8.1. Saudi Arabia Industrial Wireless Routers Market
7.8.2. South Africa Industrial Wireless Routers Market
7.8.3. Rest of Middle East & Africa Industrial Wireless Routers Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Peplink Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.3.2. Ruijie Networks Co., Ltd
8.3.3. Advantech Co Ltd
8.3.4. Alcatel-Lucent Enterprise
8.3.5. Moxa Technologies Inc
8.3.6. Ericsson Inc
8.3.7. Cisco Systems, Inc.
8.3.8. Creative Micro System
8.3.9. Shenzhen Yinghua Technology Co., Ltd
8.3.10. Four-Faith Communication Technology Co., Ltd.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.
Enquiry Now