IoT Sensors Market Analysis, Trend, Growth, Insights, Application, Revenue and Types

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.

The researchers behind the 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.

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Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global IoT Sensors market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the IoT Sensors market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global IoT Sensors 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.

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.

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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
    1. Lonworks
    2. KNX
    3. Ethernet
    4. Modbus
    5. Digital Addressable Lighting Interface (DALI)
  • Wireless
    1. Wifi
    2. Zigbee
    3. Bluetooth
    4. Z-wave
    5. NFC
    6. ENOCEAN
    7. RFID
    8. GPS
    9. Others

• Vertical Outlook (Revenue, USD Billion; 2019-2030)

  • Consumer IoT
    1. Home automation
    2. Smart cities
    3. Wearable electronics
    4. Consumer appliances
  • Commercial IoT
    1. Retail
    2. Aerospace & defense
    3. Financial institutes
    4. Entertainment
    5. Logistics & supply chain
    6. Corporate offices
  • Industrial IoT
    1. Industrial automation
    2. Energy
    3. Transportation
    4. Smart agriculture
    5. Healthcare

• Regional Outlook (Revenue, USD Billion; 2019–2030)

  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. France
    3. U.K.
    4. Italy
    5. Spain
    6. Benelux
    7. Rest of Europe
  • Asia Pacific
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. South Africa
    4. Turkey
    5. Rest of MEA

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)

Additional information offered by the report:

• Along with a complete overview of the global IoT Sensors market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
• The report elaborates on the global IoT Sensors market size and share governed by the major geographies.
• It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
• It further presents a detailed description of the company profiles of the key market contenders.

Radical Highlights of the IoT Sensors Market Report:

• Comprehensive overview of the IoT Sensors market along with analysis of the changing dynamics of the market
• Growth Assessment of various market segments throughout the forecast period
• Regional and global analysis of the market players, including their market share and global position
• Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
• Impact of the technological developments and R&D advancements on the IoT Sensors market
• Information about profit-making strategies and developmental strategies of major companies and manufacturers
• Insightful information for the new entrants willing to enter the market
• Details and insights about business expansion strategies, product launches, and other collaborations
• The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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