The mesh gateway market is expected to be 1.3 billion in 2024 and reach USD 2.2 billion by 2029, with a CAGR of 11.5% between 2024 and 2029. The market for mesh gateways is a growing market and is driven by several key factors. Key drivers of the mesh gateway market include the growing adoption of internet users across the globe. As the demand for enhanced networks is increasing to connect multiple devices, mesh networking plays a crucial role. As the deployment of mesh networks increases, the market for mesh gateways is expected to increase during the forecast period.
Major players in the mesh gateway market are 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).
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Major Mesh Gateway Market companies include:
Eaton (Ireland)
Eaton is one of the known companies in power management solutions. The company has 5 major business segments namely Electrical Americas, Electrical Global, Aerospace, Vehicles, and eMobility. The company caters to the mesh gateway market through Electrical Americas and Electrical Global. The company offers The 915U-2 wireless mesh networking I/O and gateway, a versatile I/O node that enhances communication with sensors and actuators in local, remote, or hard-to-reach areas. With the help of mesh gateways, the company helps in reliable communication in industries including mining, energy & utilities, and manufacturing, among others. The company has strong global presence and have its major market in the US.
Siemens (Germany)
Siemens is a German multinational conglomerate corporation and one of Europe's largest industrial manufacturing companies. The company have 6 major business segments namely Siemens Healthineers, Digital Industries, Smart Infrastructure, Mobility, Portfolio Companies, Reconciliation to Consolidated Financial Statements and Siemens Financial Services. The company caters to a wide range of industries, such as aerospace, automotive, manufacturing, IT, food and beverage, construction, mining, government, energy and utilities, healthcare, and transportation and logistics. The company offers SIMATIC IoT Gateways that help in industries including mining, energy & utilities, among others.
Honeywell International, Inc. (US)
Honeywell International offers products and services for aerospace, control, sensing, and security technologies. The company also offers products for buildings, homes, turbochargers, automotive products, specialty chemicals, fibers, electronic and advanced materials, and process technology. The company has a presence in the US, Canada, Europe, Asia, and Latin America and operates globally at ~1,300 sites in 70 countries. The company operates through 4 major business segments—Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. Its mesh gateway portfolio consists of Field Device Access Point Gen3, which is an industrial meshing access point for ISA100 Wireless and WirelessHART field instrument connectivity.
Related Reports:
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
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