메쉬 게이트웨이 시장 – 2029년까지의 세계 예측

조사회사 : MarketsandMarkets (마켓츠앤마켓츠)   출판년월 : 2024년07월

Mesh Gateway Market – Global Forecast To 2029

메쉬 게이트웨이 시장 – 제공 내용, 장소 유형 (실내, 옥외), 용도, 최종 사용자 업계 (제조, 에너지 및 공익 사업, 농업, 소매 및 물류, 운수, 금속 및 광업), 지역별 – 2029년까지의 세계 예측
Mesh Gateway Market by Offering, Location Type (Indoor, Outdoor), Application, End User Industry (Manufacturing, Energy & Utilities, Agriculture, Retail & Logistics, Transportation, Metal & Mining) and Region – Global Forecast to 2029

　　　　주문/문의　　　　조사회사/라이센스/납기안내

Report Overview

The mesh gateway market is expected to grow from USD 1.3 billion in 2024 to USD 2.2 billion by 2029, at a CAGR of 11.5% during the forecast period.

메쉬 게이트웨이 시장은 예측 기간 동안 11.5%의 CAGR로 2024년 13억 달러에서 2029년까지 22억 달러로 성장할 것으로 예상됩니다.

The demand for mesh gateways is increasing due to the rising use of the internet and connected devices across the globe. As more people are using the internet, the number of connected devices is also increasing in residential and industrial setups. With the increase in the number of devices, the demand for seamless and reliable network also increases. As internet penetration increases, so does the demand for mesh gateways during the forecast period.

“The traffic management application to  grow with significant CAGR from 2024 to 2029.”

The demand for mesh gateways in traffic management applications is expected to grow with a significant CAGR during the forecast period. Mesh gateways can be used in multiple interconnected devices in traffic management systems to provide reliable data and information about the system’s performance. The mesh gateways help with real-time data and remote monitoring to reduce traffic. With the help of mesh gateways, traffic systems can run smoothly in a more safe and efficient way. As the development of smart cities increases, the demand for mesh gateway for traffic management applications is also expected to grow during the forecast period.

“The agriculture industry accounts for the significant size of the mesh gateway market in 2023”.

Mesh gateways play a crucial role in agriculture. In agriculture, processes like seed planting and harvesting require remote monitoring with the help of the crop. Mesh gateways are deployed to help the framers and companies to continuously get data about the seed’s health. By predictive maintenance, farmers can know beforehand if any problem is about to happen and can rectify it in time to get efficient results.

“US  is expected to be the largest market for mesh gateway in by 2029 in the North American region.”

The US has a significant ecosystem for mesh gateway with startups, SMEs, research institutions, and multinational corporations. The presence of companies like Eaton (Ireland), Siemens(Germany), and Honeywell International Inc. (US) provides a huge opportunity for mesh gateways in the country. Initiatives by the US government to develop wireless networking is also expected to play a crucial role in the growth of mesh gateways in the US during the forecast period.

Breakdown of primaries

To determine and verify the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the mesh gateway market space. The break-up of primary participants for the mesh gateway market has been shown below:

• By Company Type: Tier 1 – 18 %, Tier 2 – 22%, and Tier 3 –60%
• By Designation: C-Level Executives – 21%, Directors – 35%, and Others – 44%
• By Region: North America– 45%, Europe – 38%, Asia Pacific – 12%, Rest of world– 5%

The major players include Eaton (Ireland), Honeywell International, Inc. (US), Siemens (Germany), Emerson Electric Co. (US), Schneider Electric SE (France), Advantech Co., Ltd. (Taiwan), HDL Automation (China), RSAE Labs Inc. (US), Wirepas Ltd (Finland), Dryad Networks GmbH (Germany) and AsiaRF Co., Ltd (Taiwan), Phoenix Contact (Germany), Westermo (Sweden), Tuya Inc. (China), Ackcio (Singapore), DusunIoT (China), Senet (US), Rajant Corporation (US), Quectel (China), NEXCOM International Co., Ltd. (Taiwan), Weidmüller Group (Germany), Digi International, Inc. (US), Kerlink (France), Milesight (US), Shanghai MXCHIP Information Technology Co., Ltd.(China), Actility (France.,

Research Coverage:

The report describes detailed information regarding the key factors such as drivers, restraints, challenges, and opportunities driving the market’s growth. The report also details technology trends, trade data, and patent analysis. This research report categorizes the mesh gateway market based on offering, application, location type, end-user industry, and region. A detailed analysis of the major players includes insights into their business overviews, products offered, and significant strategies, including new product launches, deals (acquisitions, partnerships, agreements, and contracts), and others (expansions), and recession impact on the mesh gateway market.

Reasons to Buy This Report

The report aims to provide stakeholders with accurate revenue estimates for the mesh gateway market and its subsegments. By offering insights into the competitive landscape, stakeholders can gain a deeper understanding and strategically position their businesses, formulating effective go-to-market strategies. Additionally, the report assists stakeholders in grasping the market dynamics by outlining key drivers, restraints, opportunities, and challenges, thereby enabling informed decision-making and a better understanding of market trends.

The report will provide the following insights :

• Analysis of major drivers (Increasing penetration of internet ), restraints (Highest installation and setup cost), opportunities (Increasing adoption of mesh gateway in SMEs ), and challenges (Data security and privacy concerns).
• Product development /Innovation: Detailed insights on growing technologies, R&D activities, and new product and service launches in the mesh gateway market.
• Market Development: The report provides comprehensive information about adjacent markets and analyses the mesh gateway market across various regions.
• Market Diversification: Detailed information about major offerings, regions, recent developments, and investments in the market.
• Competitive Assessment: Exhaustive assessment of market share, growth strategies, and services, offering of leading players Eaton (Ireland), Honeywell International, Inc. (US), Siemens (Germany), Emerson Electric Co. (US), Schneider Electric SE (France), among others in the mesh gateway market.

Table of Contents

1            INTRODUCTION            19

1.1         STUDY OBJECTIVES      19

1.2         MARKET DEFINITION   19

1.2.1      MARKETS COVERED     20

1.3         REGIONAL SCOPE         20

1.3.1      YEARS CONSIDERED     21

1.3.2      INCLUSIONS AND EXCLUSIONS 21

1.4         CURRENCY        21

1.5         STAKEHOLDERS            22

1.6         LIMITATIONS   22

1.7         RECESSION IMPACT      22

2            RESEARCH METHODOLOGY     23

2.1         RESEARCH DATA           23

2.1.1      SECONDARY AND PRIMARY RESEARCH 25

2.1.1.1   Key industry insights          25

2.1.2      SECONDARY DATA       26

2.1.2.1   List of key secondary sources           26

2.1.2.2   Key data from secondary sources     26

2.1.3      PRIMARY DATA 27

2.1.3.1   Breakdown of primaries     27

2.1.3.2   Key data from primary sources         27

2.2         MARKET SIZE ESTIMATION       28

2.2.1      BOTTOM-UP APPROACH           28

2.2.1.1   Approach to obtain market size using bottom-up analysis (demand side) 28

2.2.2      TOP-DOWN APPROACH             29

2.2.2.1   Approach to obtain market size using top-down approach          29

2.3         DATA TRIANGULATION             30

2.4         RESEARCH ASSUMPTIONS         31

2.5         LIMITATIONS   31

2.6         RISK ASSESSMENT         32

2.7         APPROACH TO ANALYZE IMPACT OF RECESSION ON MESH GATEWAY MARKET            32

3            EXECUTIVE SUMMARY 33

4            PREMIUM INSIGHTS      37

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MESH GATEWAY MARKET            37

4.2         MESH GATEWAY MARKET, BY OFFERING           37

4.3         ASIA PACIFIC MESH GATEWAY MARKET, BY APPLICATION & COUNTRY              38

4.4         MESH GATEWAY MARKET BY END-USE INDUSTRY         38

4.5         MESH GATEWAY MARKET, BY LOCATION TYPE 39

4.6         MESH GATEWAY MARKET, BY COUNTRY            39

5            MARKET OVERVIEW     40

5.1         INTRODUCTION            40

5.2         MARKET DYNAMICS     40

5.2.1      DRIVERS            41

5.2.1.1   Rise in number of internet users      41

5.2.1.2   Increasing demand for fast and secure networks           42

5.2.1.3   Rise in industrial automation           42

5.2.2      RESTRAINTS     43

5.2.2.1   Higher initial cost and complex setup             43

5.2.3      OPPORTUNITIES           43

5.2.3.1   Increasing adoption by SMEs           43

5.2.4      CHALLENGES   44

5.2.4.1   Data security and privacy concerns  44

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS          45

5.4         PRICING ANALYSIS        46

5.4.1      AVERAGE SELLING PRICE OF MESH GATEWAY HARDWARE       46

5.5         VALUE CHAIN ANALYSIS            47

5.5.1      RESEARCH, DESIGN, AND DEVELOPMENT         47

5.5.2      COMPONENT MANUFACTURING           47

5.5.3      MESH GATEWAY ASSEMBLY      47

5.5.4      DISTRIBUTION AND SALES       47

5.5.5      CUSTOMER SUPPORT   47

5.6         ECOSYSTEM ANALYSIS 48

5.7         INVESTMENT AND FUNDING SCENARIO            49

5.8         TECHNOLOGY ANALYSIS           50

5.8.1      KEY TECHNOLOGY       50

5.8.1.1   Mesh networking protocol 50

5.8.2      COMPLEMENTARY TECHNOLOGY        50

5.8.2.1   Edge computing   50

5.8.3      ADJACENT TECHNOLOGY         50

5.8.3.1   WiFi      50

5.9         PATENT ANALYSIS        50

5.10       TRADE ANALYSIS          55

5.10.1    IMPORT SCENARIO       55

5.10.2    EXPORT SCENARIO       56

5.11       TARIFF AND REGULATORY LANDSCAPE            56

5.11.1    TARIFF DATA   56

5.12       REGULATORY LANDSCAPE       58

5.12.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          58

5.13       KEY CONFERENCES AND EVENTS, 2024–2025     60

5.14       CASE STUDY ANALYSIS 61

5.15       PORTER’S FIVE FORCES ANALYSIS         62

5.15.1    INTENSITY OF COMPETITIVE RIVALRY 63

5.15.2    BARGAINING POWER OF SUPPLIERS     63

5.15.3    BARGAINING POWER OF BUYERS           63

5.15.4    THREAT OF SUBSTITUTES         63

5.15.5    THREAT OF NEW ENTRANTS    63

5.16       KEY STAKEHOLDERS & BUYING CRITERIA          64

5.16.1    KEY STAKEHOLDERS IN BUYING PROCESS         64

5.16.2    BUYING CRITERIA         65

6            CONNECTIVITY PROTOCOLS IN MESH GATEWAY          66

6.1         INTRODUCTION            66

6.2         ZIGBEE 66

6.3         THREAD            66

6.4         WI-FI    66

6.5         OTHERS             67

7            MESH GATEWAY MARKET, BY OFFERING           68

7.1         INTRODUCTION            69

7.2         HARDWARE      71

7.2.1      RELIABLE DATA FLOW DUE TO INTERCONNECTED NODES – KEY DRIVER 71

7.3         SERVICES          72

7.3.1      CONTINUOUS MONITORING AND UPDATES – KEY DRIVERS      72

8            MESH GATEWAY MARKET, BY LOCATION TYPE 74

8.1         INTRODUCTION            75

8.2         INDOOR             76

8.2.1      FOCUS ON SAFETY AND EFFICIENCY IN INDOOR INDUSTRIAL OPERATIONS TO PROPEL MARKET       76

8.3         OUTDOOR        77

8.3.1      END-TO-END CONNECTIVITY BENEFITS TO BOOST SEGMENT 77

9            MESH GATEWAY MARKET, BY APPLICATION     78

9.1         INTRODUCTION            79

9.2         REMOTE MONITORING 80

9.2.1      INCREASING NEED FOR MONITORING AND REPORTING ACROSS VERTICALS TO DRIVE MARKET 80

9.3         ASSET TRACKING & MANAGEMENT      81

9.3.1      NEED FOR ENHANCED SECURITY AND LOSS PREVENTION – KEY SEGMENT DRIVERS       81

9.4         PREDICTIVE MAINTENANCE     82

9.4.1      INCREASING APPLICATION IN INDUSTRIAL VERTICAL TO DRIVE MARKET            82

9.5         SMART GRID MANAGEMENT    83

9.5.1      INCREASING APPLICATION OF FAULT DETECTION AND MANAGEMENT TO DRIVE MARKET       83

9.6         SUPPLY CHAIN MANAGEMENT 84

9.6.1      INCREASING NEED TO ACHIEVE SUSTAINABILITY TO DRIVE MARKET              84

9.7         TRAFFIC MANAGEMENT            85

9.7.1      NEED FOR REAL-TIME DATA EXCHANGE BETWEEN TRAFFIC CONTROL DEVICES TO DRIVE MARKET             85

9.8         OTHER APPLICATIONS 86

10          MESH GATEWAY MARKET, BY END-USE INDUSTRY        88

10.1       INTRODUCTION            89

10.2       ENERGY & UTILITIES    90

10.2.1    IMPROVED OPERATIONAL EFFICIENCY TO DRIVE SEGMENT    90

10.3       MANUFACTURING        91

10.3.1    INCREASING NEED FOR REAL-TIME MONITORING AND CONTROL TO DRIVE SEGMENT           91

10.4       RETAIL & LOGISTICS    92

10.4.1    WIDE-SCALE APPLICATION IN INVENTORY MANAGEMENT TO BOOST GROWTH          92

10.5       TRANSPORTATION       93

10.5.1    INCREASING NEED FOR EFFICIENCY, SAFETY, AND SERVICE QUALITY TO DRIVE MARKET       93

10.6       AGRICULTURE 94

10.6.1    DEMAND FOR CONNECTIVITY ACROSS REMOTE AGRICULTURAL FIELDS TO FUEL MARKET          94

10.7       METALS & MINING        95

10.7.1    IMPROVED SAFETY, EFFICIENCY, AND PRODUCTIVITY TO DRIVE MARKET            95

10.8       OTHER END-USE INDUSTRIES  96

11          MESH GATEWAY MARKET, BY REGION  98

11.1       INTRODUCTION            99

11.2       NORTH AMERICA          100

11.2.1    US         104

11.2.1.1 Market driven by increasing use of innovative solutions and presence of mesh gateway providers 104

11.2.2    CANADA            104

11.2.2.1 Strict government regulations and continuous technological development to drive market   104

11.2.3    MEXICO             105

11.2.3.1 Wide adoption in industrial applications – key growth driver      105

11.2.4    RECESSION IMPACT ON MARKET IN NORTH AMERICA 105

11.3       EUROPE             106

11.3.1    UK         110

11.3.1.1 Increasing investment in digital technology and automation in country to boost market   110

11.3.2    GERMANY         110

11.3.2.1 Market growth result of surge in deployment of mesh gateway in Industrie 4.0              110

11.3.3    SPAIN   111

11.3.3.1 High demand for home automation and government initiatives to grow awareness about mesh gateway           111

11.3.4    FRANCE             111

11.3.4.1 Increased industrial spending to boost mesh gateway demand    111

11.3.5    REST OF EUROPE           111

11.3.6    RECESSION IMPACT ON MARKET IN EUROPE    111

11.4       ASIA PACIFIC    112

11.4.1    CHINA  116

11.4.1.1 Booming wireless network industry to propel market   116

11.4.2    JAPAN  116

11.4.2.1 Rising adoption of industrial solutions for improved productivity and process optimization to boost market           116

11.4.3    INDIA   117

11.4.3.1 Consistent development of frameworks for mesh gateway applications to drive market   117

11.4.4    SOUTH KOREA 117

11.4.4.1 Funding for research & development and mesh gateway infrastructure to fuel growth   117

11.4.5    AUSTRALIA       117

11.4.5.1 Increase in home automation applications of mesh gateway to drive market              117

11.4.6    REST OF ASIA PACIFIC  118

11.4.7    RECESSION IMPACT ON MARKET IN ASIA PACIFIC         118

11.5       REST OF THE WORLD   118

11.5.1    SOUTH AMERICA           122

11.5.1.1 Increased focus on connectivity and networking technologies to fuel market growth   122

11.5.2    GCC      122

11.5.2.1 Government funding for research & development to boost market           122

11.5.3    REST OF MIDDLE EAST & AFRICA           122

11.5.4    RECESSION IMPACT ON ROW    123

12          COMPETITIVE LANDSCAPE       124

12.1       OVERVIEW        124

12.2       KEY STRENGTHS/RIGHT TO WIN, 2020–2023      124

12.3       REVENUE ANALYSIS, 2023          126

12.4       MARKET SHARE ANALYSIS, 2023             126

12.5       COMPANY VALUATION AND FINANCIAL METRICS        129

12.6       BRAND/PRODUCT COMPARATIVE ANALYSIS    131

12.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   132

12.7.1    STARS  132

12.7.2    EMERGING LEADERS    132

12.7.3    PERVASIVE PLAYERS     132

12.7.4    PARTICIPANTS 132

12.8       COMPANY FOOTPRINT: KEY PLAYERS, 2023      134

12.8.1    COMPANY FOOTPRINT 134

12.8.2    OFFERING FOOTPRINT 135

12.8.3    APPLICATION FOOTPRINT       136

12.8.4    END-USE INDUSTRY FOOTPRINT           137

12.8.5    REGION FOOTPRINT    138

12.9       COMPANY EVALUATION MATRIX: KEY STARTUPS/SMES, 2023   139

12.9.1    PROGRESSIVE COMPANIES       139

12.9.2    RESPONSIVE COMPANIES          139

12.9.3    DYNAMIC COMPANIES 139

12.9.4    STARTING BLOCKS       139

12.9.5    COMPETITIVE BENCHMARKING: KEY STARTUPS/SMES, 2023     141

12.9.5.1 Key startups/SMEs            141

12.9.5.2 Competitive benchmarking of key startups/SMEs        142

12.10     COMPETITIVE SCENARIOS AND TRENDS           142

12.10.1  PRODUCT LAUNCHES  142

12.10.2  DEALS  144

12.10.3  OTHERS             145

13          COMPANY PROFILES    146

13.1       KEY PLAYERS   146

13.1.1    EATON 146

13.1.1.1 Business overview 146

13.1.1.2 Products/Solutions/Services offered 147

13.1.1.3 MnM view           148

13.1.1.3.1            Right to win         148

13.1.1.3.2            Strategic choices  148

13.1.1.3.3            Weaknesses and competitive threats 148

13.1.2    HONEYWELL INTERNATIONAL, INC.     149

13.1.2.1 Business overview 149

13.1.2.2 Products/Solutions/Services offered 150

13.1.2.3 Recent developments         151

13.1.2.3.1            Deals     151

13.1.2.4 MnM view           151

13.1.2.4.1            Right to win         151

13.1.2.4.2            Strategic choices  151

13.1.2.4.3            Weaknesses and competitive threats 152

13.1.3    SIEMENS            153

13.1.3.1 Business overview 153

13.1.3.2 Products/Solutions/Services offered 154

13.1.3.3 Recent developments         155

13.1.3.3.1            Others   156

13.1.3.4 MnM view           156

13.1.3.4.1            Right to win         156

13.1.3.4.2            Strategic choices  156

13.1.3.4.3            Weaknesses and competitive threats 156

13.1.4    EMERSON ELECTRIC CO.           157

13.1.4.1 Business overview 157

13.1.4.2 Products/Solutions/Services Offered             158

13.1.4.3 Recent developments         159

13.1.4.3.1            Others   160

13.1.4.4 MnM view           160

13.1.4.4.1            Right to win         160

13.1.4.4.2            Strategic choices  160

13.1.4.4.3            Weaknesses and competitive threats 160

13.1.5    SCHNEIDER ELECTRIC SE          161

13.1.5.1 Business overview 161

13.1.5.2 Products/Solutions/Services offered 162

13.1.5.3 MnM view           163

13.1.5.3.1            Right to win         163

13.1.5.3.2            Strategic choices  163

13.1.5.3.3            Weaknesses and competitive threats 163

13.1.6    ADVANTECH CO., LTD. 164

13.1.6.1 Business overview 164

13.1.6.2 Products/Solutions/Services offered 165

13.1.7    HDL AUTOMATION      166

13.1.7.1 Business overview 166

13.1.7.2 Products/Solutions/Services offered 166

13.1.8    RSAE LABS INC. 167

13.1.8.1 Business overview 167

13.1.8.2 Products/Solutions/Services offered 167

13.1.9    WIREPAS LTD   168

13.1.9.1 Business overview 168

13.1.9.2 Products/Solutions/Services Offered             168

13.1.10  DRYAD NETWORKS GMBH        169

13.1.10.1             Business overview 169

13.1.10.2             Products/Solutions/Services offered 169

13.1.10.3             Recent developments         170

13.1.10.3.1          Deals     170

13.1.11  ASIARF CO., LTD.           171

13.1.11.1             Business overview 171

13.1.11.2             Products/Solutions/Services offered 171

13.1.11.3             Recent developments         171

13.1.11.3.1          Product launches 171

13.1.11.3.2          Others   172

13.2       OTHER PLAYERS           173

13.2.1    PHOENIX CONTACT     173

13.2.2    WESTERMO      174

13.2.3    TUYA INC.         175

13.2.4    ACKCIO             176

13.2.5    DUSUNIOT        176

13.2.6    SENET  177

13.2.7    RAJANT CORPORATION             177

13.2.8    QUECTEL          178

13.2.9    NEXCOM INTERNATIONAL CO., LTD     179

13.2.10  WEIDMUELLER GROUP 179

13.2.11  DIGI INTERNATIONAL, INC.      180

13.2.12  KERLINK SA      180

13.2.13  MILESIGHT       181

13.2.14  SHANGHAI MXCHIP INFORMATION TECHNOLOGY CO., LTD.   181

13.2.15  ACTILITY          182

14          APPENDIX         183

14.1       DISCUSSION GUIDE      183

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             186

14.3       CUSTOMIZATION OPTIONS      188

14.4       RELATED REPORTS       188

14.5       AUTHOR DETAILS         189

LIST OF TABLES

TABLE 1             MESH GATEWAY MARKET: ECOSYSTEM ANALYSIS         48

TABLE 2             MESH GATEWAY MARKET: KEY PATENTS, 2020–2024      51

TABLE 3             MFN TARIFFS FOR HS CODE 851762. – MACHINE FOR THE RECEPTION, CONVERSION, TRANSMISSION, OR REGENERATION OF VOICE, IMAGE, OR OTHER DATA, INCLUDING SWITCHING AND ROUTING APPARATUS EXPORTED BY US  57

TABLE 4             MFN TARIFFS FOR HS CODE 851762. – MACHINE FOR THE RECEPTION, CONVERSION, TRANSMISSION, OR REGENERATION OF VOICE, IMAGE, OR OTHER DATA, INCLUDING SWITCHING AND ROUTING APPARATUS EXPORTED BY CHINA        57

TABLE 5             MFN TARIFFS FOR HS CODE 851762. – MACHINE FOR THE RECEPTION, CONVERSION, TRANSMISSION, OR REGENERATION OF VOICE, IMAGE, OR OTHER DATA, INCLUDING SWITCHING AND ROUTING APPARATUS EXPORTED BY GERMANY  57

TABLE 6             MFN TARIFFS FOR HS CODE 851762. – MACHINE FOR THE RECEPTION, CONVERSION, TRANSMISSION, OR REGENERATION OF VOICE, IMAGE, OR OTHER DATA, INCLUDING SWITCHING AND ROUTING APPARATUS EXPORTED BY UK 58

TABLE 7             NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         58

TABLE 8             EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 59

TABLE 9             ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         59

TABLE 10           ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          60

TABLE 11           MESH GATEWAY MARKET: KEY CONFERENCES AND EVENTS, 2024–2025          60

TABLE 12           EATON ENHANCES MINING OPERATIONS WITH MESH GATEWAY DEPLOYMENT          61

TABLE 13           MESH GATEWAY MARKET: PORTER’S FIVE FORCES ANALYSIS              62

TABLE 14           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE

END-USE INDUSTRIES (%)         64

TABLE 15           KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES              65

TABLE 16           MESH GATEWAY MARKET, BY OFFERING, 2020–2023 (USD MILLION)          69

TABLE 17           MESH GATEWAY MARKET, BY OFFERING, 2024–2029 (USD MILLION)          70

TABLE 18           MESH GATEWAY HARDWARE MARKET, 2020–2023 (MILLION UNITS) 70

TABLE 19           MESH GATEWAY HARDWARE MARKET, 2024–2029 (MILLION UNITS) 70

TABLE 20           INDOOR MESH GATEWAY MARKET, BY OFFERING, 2020–2023 (USD MILLION) 70

TABLE 21           INDOOR MESH GATEWAY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 71

TABLE 22           OUTDOOR MESH GATEWAY MARKET, BY OFFERING, 2020–2023 (USD MILLION) 71

TABLE 23           OUTDOOR MESH GATEWAY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 71

TABLE 24           HARDWARE: MESH GATEWAY MARKET, BY REGION, 2020–2023 (USD MILLION) 72

TABLE 25           HARDWARE: MESH GATEWAY MARKET, BY REGION, 2024–2029 (USD MILLION) 72

TABLE 26           SERVICES: MESH GATEWAY MARKET, BY REGION, 2020–2023 (USD MILLION) 73

TABLE 27           SERVICES: MESH GATEWAY MARKET, BY REGION, 2024–2029 (USD MILLION) 73

TABLE 28           MESH GATEWAY MARKET, BY LOCATION TYPE, 2020–2023 (USD MILLION) 75

TABLE 29           MESH GATEWAY MARKET, BY LOCATION TYPE, 2024–2029 (USD MILLION) 75

TABLE 30           INDOOR: MESH GATEWAY MARKET, BY REGION, 2020–2023 (USD MILLION) 76

TABLE 31           INDOOR: MESH GATEWAY MARKET, BY REGION, 2024–2029 (USD MILLION) 76

TABLE 32           OUTDOOR: MESH GATEWAY MARKET, BY REGION, 2020–2023 (USD MILLION) 77

TABLE 33           OUTDOOR: MESH GATEWAY MARKET, BY REGION, 2024–2029 (USD MILLION) 77

TABLE 34           MESH GATEWAY MARKET, BY APPLICATION, 2020–2023 (USD MILLION)          79

TABLE 35           MESH GATEWAY MARKET, BY APPLICATION, 2024–2029 (USD MILLION)          80

TABLE 36          REMOTE MONITORING: MESH GATEWAY MARKET, BY REGION,

2020–2023 (USD MILLION)          81

TABLE 37          REMOTE MONITORING: MESH GATEWAY MARKET, BY REGION,

2024–2029 (USD MILLION)          81

TABLE 38           ASSET TRACKING & MANAGEMENT: MESH GATEWAY, BY REGION,

2020–2023 (USD MILLION)          82

TABLE 39           ASSET TRACKING & MANAGEMENT: MESH GATEWAY, BY REGION,

2024–2029 (USD MILLION)          82

TABLE 40           PREDICTIVE MAINTENANCE: MESH GATEWAY MARKET, BY REGION,

2020–2023 (USD MILLION)          83

TABLE 41           PREDICTIVE MAINTENANCE: MESH GATEWAY MARKET, BY REGION,

2024–2029 (USD MILLION)          83

TABLE 42           SMART GRID MANAGEMENT: MESH GATEWAY MARKET, BY REGION,

2020–2023 (USD MILLION)          84

TABLE 43           SMART GRID MANAGEMENT: MESH GATEWAY MARKET, BY REGION,

2024–2029 (USD MILLION)          84

TABLE 44           SUPPLY CHAIN MANAGEMENT: MESH GATEWAY MARKET, BY REGION,

2020–2023 (USD MILLION)          85

TABLE 45           SUPPLY CHAIN MANAGEMENT: MESH GATEWAY MARKET, BY REGION,

2024–2029 (USD MILLION)          85

TABLE 46           TRAFFIC MANAGEMENT: MESH GATEWAY MARKET, BY REGION,

2020–2023 (USD MILLION)          86

TABLE 47           TRAFFIC MANAGEMENT: MESH GATEWAY MARKET, BY REGION,

2024–2029 (USD MILLION)          86

TABLE 48          OTHER APPLICATIONS: MESH GATEWAY MARKET, BY REGION,

2020–2023 (USD MILLION)          87

TABLE 49          OTHER APPLICATIONS: MESH GATEWAY MARKET, BY REGION,

2024–2029 (USD MILLION)          87

TABLE 50           MESH GATEWAY MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 89

TABLE 51           MESH GATEWAY MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 90

TABLE 52           ENERGY & UTILITIES: MESH GATEWAY MARKET, BY REGION,

2020–2023 (USD MILLION)          90

TABLE 53           ENERGY & UTILITIES: MESH GATEWAY MARKET, BY REGION,

2024–2029 (USD MILLION)          91

TABLE 54           MANUFACTURING: MESH GATEWAY MARKET, BY REGION,

2020–2023 (USD MILLION)          91

TABLE 55           MANUFACTURING: MESH GATEWAY MARKET, BY REGION,

2024–2029 (USD MILLION)          92

TABLE 56           RETAIL & LOGISTICS: MESH GATEWAY MARKET, BY REGION,

2020–2023 (USD MILLION)          92

TABLE 57           RETAIL & LOGISTICS: MESH GATEWAY MARKET, BY REGION,

2024–2029 (USD MILLION)          93

TABLE 58           TRANSPORTATION: MESH GATEWAY MARKET, BY REGION,

2020–2023 (USD MILLION)          93

TABLE 59           TRANSPORTATION: MESH GATEWAY MARKET, BY REGION,

2024–2029 (USD MILLION)          94

TABLE 60           AGRICULTURE: MESH GATEWAY MARKET, BY REGION, 2020–2023 (USD MILLION)     94

TABLE 61           AGRICULTURE: MESH GATEWAY MARKET, BY REGION, 2024–2029 (USD MILLION)     95

TABLE 62           METALS & MINING: MESH GATEWAY MARKET, BY REGION,

2020–2023 (USD MILLION)          96

TABLE 63           METALS & MINING: MESH GATEWAY MARKET, BY REGION,

2024–2029 (USD MILLION)          96

TABLE 64           OTHER END-USE INDUSTRIES: MESH GATEWAY MARKET, BY REGION,

2020–2023 (USD MILLION)          97

TABLE 65           OTHER END-USE INDUSTRIES: MESH GATEWAY MARKET, BY REGION,

2024–2029 (USD MILLION)          97

TABLE 66           MESH GATEWAY MARKET, BY REGION, 2020–2023 (USD MILLION)          100

TABLE 67           MESH GATEWAY MARKET, BY REGION, 2024–2029 (USD MILLION)          100

TABLE 68           NORTH AMERICA: MESH GATEWAY MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          101

TABLE 69           NORTH AMERICA: MESH GATEWAY MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          102

TABLE 70           NORTH AMERICA: MESH GATEWAY MARKET, BY OFFERING,

2020–2023 (USD MILLION)          102

TABLE 71           NORTH AMERICA: MESH GATEWAY MARKET, BY OFFERING,

2024–2029 (USD MILLION)          102

TABLE 72           NORTH AMERICA: MESH GATEWAY MARKET, BY SERVICE,

2020–2023 (USD MILLION)          102

TABLE 73           NORTH AMERICA: MESH GATEWAY MARKET, BY SERVICE,

2024–2029 (USD MILLION)          103

TABLE 74           NORTH AMERICA: MESH GATEWAY MARKET, BY LOCATION TYPE,

2020–2023 (USD MILLION)          103

TABLE 75           NORTH AMERICA: MESH GATEWAY MARKET, BY LOCATION TYPE,

2024–2029 (USD MILLION)          103

TABLE 76           NORTH AMERICA: MESH GATEWAY MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          103

TABLE 77           NORTH AMERICA: MESH GATEWAY MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          104

TABLE 78           NORTH AMERICA: MESH GATEWAY MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          105

TABLE 79           NORTH AMERICA: MESH GATEWAY MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          105

TABLE 80           EUROPE: MESH GATEWAY MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          107

TABLE 81           EUROPE: MESH GATEWAY MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          107

TABLE 82           EUROPE: MESH GATEWAY MARKET, BY OFFERING, 2020–2023 (USD MILLION) 107

TABLE 83           EUROPE: MESH GATEWAY MARKET, BY OFFERING, 2024–2029 (USD MILLION) 108

TABLE 84           EUROPE: MESH GATEWAY MARKET, BY SERVICE, 2020–2023 (USD MILLION) 108

TABLE 85           EUROPE: MESH GATEWAY MARKET, BY SERVICE, 2024–2029 (USD MILLION) 108

TABLE 86           EUROPE: MESH GATEWAY MARKET, BY LOCATION TYPE,

2020–2023 (USD MILLION)          108

TABLE 87           EUROPE: MESH GATEWAY MARKET, BY LOCATION TYPE,

2024–2029 (USD MILLION)          108

TABLE 88           EUROPE: MESH GATEWAY MARKET, BY APPLICATION, 2020–2023 (USD MILLION)     109

TABLE 89           EUROPE: MESH GATEWAY MARKET, BY APPLICATION, 2024–2029 (USD MILLION)     109

TABLE 90           EUROPE: MESH GATEWAY MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 109

TABLE 91           EUROPE: MESH GATEWAY MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 110

TABLE 92           ASIA PACIFIC: MESH GATEWAY MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          113

TABLE 93           ASIA PACIFIC: MESH GATEWAY MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          113

TABLE 94           ASIA PACIFIC: MESH GATEWAY MARKET, BY OFFERING,

2020–2023 (USD MILLION)          113

TABLE 95           ASIA PACIFIC: MESH GATEWAY MARKET, BY OFFERING,

2024–2029 (USD MILLION)          114

TABLE 96           ASIA PACIFIC: MESH GATEWAY MARKET, BY SERVICE, 2020–2023 (USD MILLION)     114

TABLE 97           ASIA PACIFIC: MESH GATEWAY MARKET, BY SERVICE, 2024–2029 (USD MILLION)     114

TABLE 98           ASIA PACIFIC: MESH GATEWAY MARKET, BY LOCATION TYPE,

2020–2023 (USD MILLION)          114

TABLE 99           ASIA PACIFIC: MESH GATEWAY MARKET, BY LOCATION TYPE,

2024–2029 (USD MILLION)          114

TABLE 100         ASIA PACIFIC: MESH GATEWAY MARKET, BY APPLICATION,

2020–2023 (USD MILLION)          115

TABLE 101         ASIA PACIFIC: MESH GATEWAY MARKET, BY APPLICATION,

2024–2029 (USD MILLION)          115

TABLE 102         ASIA PACIFIC: MESH GATEWAY MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     115

TABLE 103         ASIA PACIFIC: MESH GATEWAY MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     116

TABLE 104         ROW: MESH GATEWAY MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          118

TABLE 105         ROW: MESH GATEWAY MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          119

TABLE 106         ROW: MESH GATEWAY MARKET, BY OFFERING, 2020–2023 (USD MILLION)          119

TABLE 107         ROW: MESH GATEWAY MARKET, BY OFFERING, 2024–2029 (USD MILLION)          119

TABLE 108         ROW: MESH GATEWAY MARKET, BY SERVICE, 2020–2023 (USD MILLION)          119

TABLE 109         ROW: MESH GATEWAY MARKET, BY SERVICE, 2024–2029 (USD MILLION)          120

TABLE 110         ROW: MESH GATEWAY MARKET, BY LOCATION TYPE, 2020–2023 (USD MILLION)     120

TABLE 111         ROW: MESH GATEWAY MARKET, BY LOCATION TYPE, 2024–2029 (USD MILLION)     120

TABLE 112         ROW: MESH GATEWAY MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 120

TABLE 113         ROW: MESH GATEWAY MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 121

TABLE 114         ROW: MESH GATEWAY MARKET, BY REGION, 2020–2023 (USD MILLION)          121

TABLE 115         ROW: MESH GATEWAY MARKET, BY REGION, 2024–2029 (USD MILLION)          121

TABLE 116         MESH GATEWAY MARKET: OVERVIEW OF STRATEGIES ADOPTED

BY KEY PLAYERS, 2020–2023       124

TABLE 117         MESH GATEWAY MARKET: DEGREE OF COMPETITION, 2023              127

TABLE 118         MESH GATEWAY MARKET: RANKING ANALYSIS, 2023    128

TABLE 119         MESH GATEWAY MARKET: OFFERING FOOTPRINT        135

TABLE 120         MESH GATEWAY MARKET: APPLICATION FOOTPRINT 136

TABLE 121         MESH GATEWAY MARKET: END-USE INDUSTRY FOOTPRINT              137

TABLE 122         MESH GATEWAY MARKET: REGION FOOTPRINT            138

TABLE 123         MESH GATEWAY MARKET: KEY STARTUPS/SMES           141

TABLE 124         MESH GATEWAY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES   142

TABLE 125         MESH GATEWAY MARKET: PRODUCT LAUNCHES, JANUARY 2020–APRIL 2024             142

TABLE 126         MESH GATEWAY MARKET: DEALS, JANUARY 2020–APRIL 2024              144

TABLE 127         MESH GATEWAY MARKET: OTHERS, JANUARY 2020–APRIL 2024              145

TABLE 128         EATON: COMPANY OVERVIEW 146

TABLE 129         EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED  147

TABLE 130         HONEYWELL INTERNATIONAL, INC.: COMPANY OVERVIEW              149

TABLE 131         HONEYWELL INTERNATIONAL, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   150

TABLE 132         HONEYWELL INTERNATIONAL, INC.: DEALS     151

TABLE 133         SIEMENS: COMPANY OVERVIEW            153

TABLE 134         SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED              154

TABLE 135         SIEMENS: PRODUCT LAUNCHES            155

TABLE 136         SIEMENS: DEALS            155

TABLE 137         SIEMENS: OTHERS         156

TABLE 138         EMERSON ELECTRIC CO.: COMPANY OVERVIEW            157

TABLE 139         EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          158

TABLE 140         EMERSON ELECTRIC CO.: PRODUCT LAUNCHES            159

TABLE 141         EMERSON ELECTRIC CO.: DEALS           159

TABLE 142         EMERSON ELECTRIC CO.: OTHERS        160

TABLE 143         SCHNEIDER ELECTRIC SE.: COMPANY OVERVIEW          161

TABLE 144         SCHNEIDER ELECTRIC SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED          162

TABLE 145         ADVANTECH CO., LTD.: COMPANY OVERVIEW 164

TABLE 146         ADVANTECH CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          165

TABLE 147         HDL AUTOMATION: COMPANY OVERVIEW       166

TABLE 148         HDL AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          166

TABLE 149         RSAE LABS INC.: COMPANY OVERVIEW 167

TABLE 150         RSAE LABS INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              167

TABLE 151         WIREPAS LTD: COMPANY OVERVIEW   168

TABLE 152         WIREPAS LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED              168

TABLE 153         DRYAD NETWORKS GMBH: COMPANY OVERVIEW         169

TABLE 154         DRYAD NETWORKS GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED   169

TABLE 155         DRYAD NETWORKS GMBH: OTHERS     170

TABLE 156         ASIARF CO., LTD: COMPANY OVERVIEW             171

TABLE 157         ASIARF CO., LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED          171

TABLE 158         ASIARF CO., LTD: PRODUCT LAUNCHES            171

TABLE 159         ASIARF CO., LTD: OTHERS         172

LIST OF FIGURES

FIGURE 1           MARKET SEGMENTATION         20

FIGURE 2           PROCESS FLOW: MESH GATEWAY MARKET ESTIMATION              23

FIGURE 3           RESEARCH DESIGN       24

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       28

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       29

FIGURE 6           DATA TRIANGULATION             30

FIGURE 7           HARDWARE TO ACCOUNT FOR LARGER SHARE OF MESH GATEWAY MARKET DURING FORECAST PERIOD           33

FIGURE 8           INDOOR LOCATION TO DOMINATE MARKET DURING FORECAST PERIOD       34

FIGURE 9           PREDICTIVE MAINTENANCE SEGMENT TO HAVE HIGHEST CAGR DURING

FORECAST PERIOD       35

FIGURE 10         MANUFACTURING SEGMENT TO GROW FASTEST DURING FORECAST PERIOD       35

FIGURE 11         ASIA PACIFIC MESH GATEWAY MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD    36

FIGURE 12         INCREASING INVESTMENTS IN MANUFACTURING TO DRIVE GROWTH OF

MESH GATEWAY MARKET         37

FIGURE 13         HARDWARE TO COMMAND LARGEST MARKET DURING FORECAST PERIOD       37

FIGURE 14         PREDICTIVE MAINTENANCE AND CHINA HELD LARGEST SHARE OF

ASIA PACIFIC MESH GATEWAY MARKET IN 2023             38

FIGURE 15         MANUFACTURING SEGMENT TO HOLD DOMINANT SHARE DURING

FORECAST PERIOD       38

FIGURE 16         INDOOR SEGMENT TO HOLD MAJOR MARKET SHARE DURING FORECAST PERIOD       39

FIGURE 17         SOUTH KOREA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       39

FIGURE 18         MESH GATEWAY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES      40

FIGURE 19         MESH GATEWAY MARKET: DRIVERS AND THEIR IMPACT              41

FIGURE 20         GLOBAL INTERNET PENETRATION RATE, BY REGION   42

FIGURE 21         MESH GATEWAY MARKET: RESTRAINTS AND THEIR IMPACT              43

FIGURE 22         MESH GATEWAY MARKET: OPPORTUNITIES AND THEIR IMPACT             43

FIGURE 23         MESH GATEWAY MARKET: CHALLENGES AND THEIR IMPACT              44

FIGURE 24         REVENUE SHIFT IN MESH GATEWAY MARKET  45

FIGURE 25         AVERAGE INDICATIVE SELLING PRICE ANALYSIS, 2020–2029 (USD)   46

FIGURE 26         AVERAGE SELLING PRICE OF MESH GATEWAY BY KEY PLAYERS              46

FIGURE 27         MESH GATEWAY MARKET: VALUE CHAIN ANALYSIS      47

FIGURE 28         MESH GATEWAY MARKET: STAKEHOLDERS IN ECOSYSTEM              49

FIGURE 29         INDUSTRIAL WIRELESS NETWORKING FUNDING FROM 2020 TO 2023              49

FIGURE 30         PATENTS APPLIED AND GRANTED: MESH GATEWAY MARKET, 2014–2024          54

FIGURE 31         IMPORTS, BY KEY COUNTRY, 2019–2022 (USD THOUSAND)              55

FIGURE 32         EXPORTS, BY KEY COUNTRY, 2019–2022 (USD THOUSAND)              56

FIGURE 33         MESH GATEWAY MARKET: PORTER’S FIVE FORCES ANALYSIS              62

FIGURE 34         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE

END-USE INDUSTRIES  64

FIGURE 35         KEY BUYING CRITERIA FOR THE TOP THREE END-USE INDUSTRIES      65

FIGURE 36         MESH GATEWAY MARKET FOR SERVICES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD       69

FIGURE 37         INDOOR MESH GATEWAY MARKET TO HAVE HIGHEST CAGR DURING

FORECAST PERIOD       75

FIGURE 38         PREDICTIVE MAINTENANCE SEGMENT TO GROW FASTEST DURING

FORECAST PERIOD       79

FIGURE 39         MESH GATEWAY MARKET FOR MANUFACTURING TO GROW AT HIGHEST

CAGR DURING FORECAST PERIOD        89

FIGURE 40         MESH GATEWAY MARKET IN SOUTH KOREA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    99

FIGURE 41         ASIA PACIFIC TO DOMINATE MESH GATEWAY MARKET BY 2029      99

FIGURE 42         NORTH AMERICA: MESH GATEWAY MARKET SNAPSHOT              101

FIGURE 43         MESH GATEWAY MARKET: EUROPE SNAPSHOT 106

FIGURE 44         MESH GATEWAY MARKET: ASIA PACIFIC SNAPSHOT     112

FIGURE 45         MESH GATEWAY MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS,

2019–2023 (USD MILLION)          126

FIGURE 46         MESH GATEWAY MARKET SHARE ANALYSIS, 2023           127

FIGURE 47         COMPANY VALUATION AND FINANCIAL METRICS, 2024              129

FIGURE 48         EV/EBITDA OF KEY VENDORS, 2024       130

FIGURE 49         TOP TRENDING BRANDS/PRODUCTS   131

FIGURE 50         MESH GATEWAY MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023     133

FIGURE 51         MESH GATEWAY MARKET: COMPANY FOOTPRINT        134

FIGURE 52         MESH GATEWAY MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2023             140

FIGURE 53         EATON: COMPANY SNAPSHOT 147

FIGURE 54         HONEYWELL INTERNATIONAL, INC.: COMPANY SNAPSHOT              150

FIGURE 55         SIEMENS: COMPANY SNAPSHOT            154

FIGURE 56         EMERSON ELECTRIC CO.: COMPANY SNAPSHOT            158

FIGURE 57         SCHNEIDER ELECTRIC SE: COMPANY SNAPSHOT           162

FIGURE 58         ADVANTECH CO., LTD.: COMPANY SNAPSHOT 165