Global IoT Sensors Market Size, by Product Type (Pressure, Temperature, Humidity, Magnetometer, Gyroscope, Accelerometer, Image, Inertial), By Network Technology (Wired and Wireless), By Application (Consumer, Commercial, Industrial), by Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Growth Potential, Trends Analysis, Competitive Market Size and Forecast, 2019-2025

Published:
April 2019
Report Code:
BWC19143
Available Format:
PDF PDF Icon
Pages:
120

global iot sensors market bwc19143

Global IoT Sensors Market: Overview

Global IoT Sensors market is anticipated to worth USD 22,490 million by 2025, with a CAGR of 33.65% during 2019-2025. IoT Sensors is a network of billions of smart devices that connect people, systems and other applications to collect and share data. IoT sensors collect by connecting to an IoT gateway or other edge devices where data is either sent to the cloud to be analyzed or analyzed locally. The growing demand of IoT sensor in various   IoT devices and other applications due to their reduction in size, minimization in costs, and technological advancements are vital factors expected to encourage the growth of the Global IoT Sensors market in the upcoming period.

In addition, various governments across the world initiative for the establishment of smart cities would demand of IoT sensors which can be used in areas such as traffic management and monitoring of energy consumption is anticipated to boost the demand for IoT Sensors in the coming years. Moreover, growth in internet penetration users, the rise in demand for connected and wearable devices, and growing need of importance real-time computing for IoT applications will boost the global IoT Sensors market growth. Additionally, augmentation in the application of IoT sensors in the healthcare industry for biosensors and implantable sensors to reduce the cost of healthcare and increase the quality of care will boost the global IoT sensors market over the forecast period.

Furthermore, usage of IoT sensors in the manufacturing sector, for reducing the cost of manufacturing and the cost of maintenance and for minimize the consumption of energy and wastage of materials will fuel the growth of IoT Sensors market in the forecast period. Additionally, the rise in demand for consumer electronics like smartphones, smart TV, and smart home appliances are built-in the IoT sensors and related sensors which will bolster the global IoT sensor market.

IoT Sensors Product Type analysis

On the basis of Product type, the IoT Sensors market has been segmented into Pressure, Temperature, Humidity, Magnetometer, Gyroscope, Accelerometer, Image and Inertial. Gyroscope dominates the global IoT Sensors owing to the increasing demand for equipment optimized with sensors such as navigation and satellite positioning. Moreover, the huge demand for routing guidance in-built devices in the vehicle and the growing adoption of these IOT sensors in automation industries and homes appliances will boost the Gyroscope market over the forecast period.  Temperature IoT sensors market is driven by growing its usage in air-conditioners and refrigerators. Additionally, Temperature sensors in manufacturing, sensors are used to monitor the temperature of machines and in agriculture, to monitor the temperature of the soil, water, and plants.

Pressure sensors market will influence by its application in use in mobile phones, PDAs, GPS navigation devices and outdoor equipment for monitor pressure signals. Accelerometer sensor market will trigger by its usage in smartphones, vehicles, and aircraft to detect the orientation of an object, shake, tap, tilt, motion, positioning, shock or vibration.

IoT Sensors Network Technology Analysis

On the basis of Network Technology, the IoT Sensors market has been segmented into Wired and Wireless. Wireless dominates the global IoT Sensors owing to the growing demand for the wireless network in mobiles devices, connected cars, and smart grids. Moreover, the rising adoption of cloud platforms which are lower installation and maintenance costs will boost the wireless market. The wired market will drive by its demand in healthcare Industry for its security, reliability, and high-speed communication.

IoT Sensors Application Type analysis

On the basis of application, the Global IoT Sensors market has been segmented into Consumer, Commercial, and Industrial. By application type, the Industrial segment will lead the market due to the rising adoption of Information technology in the automotive industry and manufacturing industry. Moreover, the increasing applications of IoT in implement predictive maintenance techniques in industrial equipment and also for monitoring their working and to avoid unscheduled downtimes in the production cycle will trigger the industrial IoT sensor market. Consumer IoT sensor market will influence by increasing demand for IoT sensor in consumer devices like mobile phones, tablet, and home appliances.

Regional analysis of IoT Sensors market

On the basis of region, the IoT Sensors market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America dominates the world IoT Sensors market over the forecast period owing to the growing use of internet in various industries coupled with the rising adoption of wireless sensors and networks in industrial, automotive and transportation, healthcare, oil & gas, and consumer electronics. The Asia Pacific is projected to be the fastest growing market throughout the forecast period due to the growing demand for internet-based devices in commercial and residential spaces like home appliances.

Objective of the Study:

·         To analyze and forecast market size of the world IoT Sensors market, in terms of Value.

·         To examine the careful market segmentation and forecast the market size, in terms value, on the premise of the region by segmenting world IoT Sensors market into 5 regions, namely, North America, Europe, Asia Pacific, Middle East

·         To outline, categorized and forecast the world IoT Sensors on the premise of product kind, network technology and application.

·         To examine competitive developments like expansions, technological advancement, services, and regulative framework within the world IoT Sensors market.

·         To pinpoint the drivers and challenges for world IoT Sensors market

Global IoT Sensors Market Competitive Landscape

Companies such as Texas Instruments , TE Connectivity, Broadcom, NXP Semiconductors , STMicroelectronics, Bosch Sensortec, TDK, Infineon Technologies, Analog Devices, Omron, Sensirion , Honeywell , Siemens , General Electric , SmartThings, Monnit , Murata Manufacturing, Sensata Technologies, Silicon Laboratories ,  Robert Bosch GmbH, Invensense, Inc., and Libelium  are the key players in manufacturing of IoT Sensors.

Key Target Audience:

·         Market research and consulting firms

·         Industry associations

·         Raw material suppliers

·         Global IoT Sensors manufacturers

·         Research organizations and consulting companies

·         Global IoT Sensors suppliers

·         Organizations, associations, and alliances related to IoT Sensors market

·         Regulatory bodies

Scope of the Report

By Product Type

·         Pressure

·         Temperature

·         Humidity

·         Magnetometer

·         Gyroscope

·         Accelerometer

·         Image

·         Inertial

By Network Technology

·         Wired

·         Wireless

By Application

·         Consumer

·         Commercial

·         Industrial

In addition, the report provides analysis of the IoT Sensors market with respect to the following geographic segments:

North America

·         U.S.

·         Canada

Europe

·         Germany

·         UK.

·         Italy

·         France

·         Rest of Europe

Asia Pacific (APAC)

·         China

·         India

·         Japan

·         Australia

·         South Korea

·         Indonesia

·         Rest of Asia Pacific

LATAM

·         Brazil

·         Argentina

·         Rest of Latin America

MEA

·         Saudi Africa

·         UAE

·         Egypt

·         Rest of Middle-East

Business Questions answer by the report

·         How will the market drivers, restraints and opportunities affect the market dynamics?

·         What will be the market size in terms of value and volume and market statistics with detailed classification

·         Which segment dominates the market or region and one will be the fastest growing and why?

·         A comprehensive survey of the competitive landscape and the market participant players

·         Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

·         With five additional company detail analysis.

·         Additional country analysis.

·         Detailed segment analysis


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