The researchers behind the IoT Sensors market intelligence report examine the weaknesses, strengths, opportunities, and restraints expected to shape the progress of the IoT Sensors market for the forecast period, 2020 to 2027. The market intelligence report includes detailed statistics on market segmentation based on product value, application, classification, and sale.
The global IoT sensors market size reached USD 15.58 Billion in 2021 and is expected to register a revenue CAGR of 28.3% during the forecast period, according to latest analysis by Emergen Research. Rapid advancement in industrial technologies such as Industry 4.0 and Industrial Internet of Things (IoT) as well as increased implementation of IoT sensors owing to cost-effectiveness and compact design are a few of the key factors driving the market revenue growth. Surging demand for Micro-Electromechanical Systems (MEMS) for better consumer electronics is also contributing to revenue growth of the market.
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Competitive Terrain:
The global IoT Sensors industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
General Electric, TE Connectivity, NXP Semiconductors, Texas Instruments Incorporated, STMicroelectronics, OMRON Corporation, Siemens, Infineon Technologies AG, Murata Manufacturing Co, and InvenSense (TDK)
The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Overview:
The report bifurcates the IoT Sensors market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Sensor Type Outlook (Revenue, USD Billion; 2019-2030)
- Pressure sensor
- Temperature sensor
- Flow sensor
- Humidity sensor
- Magnetometer
- Accelerometer
- Inertial sensor
- Gyroscope
- Touch sensor
- Image sensor
- Acoustic sensor
- Proximity sensor
- Occupancy sensor
- Others
Network Technology Type Outlook (Revenue, USD Billion; 2019-2030)
- Wired
- Lonworks
- KNX
- Ethernet
- Modbus
- Digital Addressable Lighting Interface (DALI)
- Wireless
- Wifi
- Zigbee
- Bluetooth
- Z-wave
- NFC
- ENOCEAN
- RFID
- GPS
- Others
- Wired
Vertical Outlook (Revenue, USD Billion; 2019-2030)
- Consumer IoT
- Home automation
- Smart cities
- Wearable electronics
- Consumer appliances
- Commercial IoT
- Retail
- Aerospace defense
- Financial institutes
- Entertainment
- Logistics supply chain
- Corporate offices
- Industrial IoT
- Industrial automation
- Energy
- Transportation
- Smart agriculture
- Healthcare
- Consumer IoT
Regional Outlook (Revenue, USD Billion; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
- North America
more
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
Report Highlights:
- Besides offering a vivid depiction of the global IoT Sensors business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
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