The IoT sensor market size is estimated to grow from USD 11.0 Billion in 2020 to USD 90.8 Billion by 2027, growing at a CAGR of 35.2% during the forecast year from 2021 to 2027.
The budding applications and business models, tied together with the falling device costs, have been significantly driving the adoption of IoT, and accordingly, the number of connected devices – connected cars, meters, wearables, machines, and consumer electronics. With the emergence of smart cities, Car2Car connectivity and advanced fleet management are expected to come into view, thus, providing scope for IoT sensors. This has fuelled rapid modernization and adoption of intelligent sensor technology, therefore, driving the demand for IoT sensors.
The presence of several established vendors in North America region makes it one of the largest markets for IoT sensors. Most of the companies in North America region are gradually adopting IoT to keep track of their performance, as a consequence, avoiding costly breakdowns or unproductive routine maintenance shutdowns. The research covers the current and historic IoT sensor market size and its growth trend with company outline of Key players/manufacturers: ABB Ltd, Schneider Electric SE, TE Connectivity, Robert Bosch GmbH, OMRON Corporation, Sensata Technologies, Honeywell International Inc., TDK Corporation, STMicroelectronics NV, and Texas Instruments Inc. among others.
The IoT sensor market research report provides an in-depth overview of the industry including market segmentation by type, technology, end-use and geography. Analysis of the global market with special focus on high growth application in each vertical and fast-growing market segments. It includes detailed competitive landscape with identification of the key players with respect to each type of market, in-depth market share analysis with individual revenue, market shares, and top players rankings. Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long-term landscapes. Competitive intelligence from the company profiles, key player strategies, game-changing developments such as product launches and acquisitions.
The objective of this study is to identify the market opportunities and estimate market size by segments and countries for last few years and to forecast the values to the next five years. The report incorporates both the qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. The report also covers qualitative analysis on the market, by incorporating complete pricing and cost analysis of components & products, Porter’s analysis and PEST (Political, Economic, Social & Technological factor) analysis of the market. The report also profiles all major companies active in this field.
Market Scope and Market Size
IoT sensor market is segmented by region and further by countries, type, technology, and end-use. Players, stakeholders, and other participants in the global IoT sensor market will be able to gain a strong position as this report will surely benefit their marketing strategies. The market analysis focuses on revenue and forecast by region/countries and by application in terms of revenue and forecast for the period 2021-2027.
Report further studies the market development status and future and IoT Sensor Market trend across the world. Also, it splits IoT sensor market segmentation by type, technology, end-use and region to deep dive research and reveals market profile and prospects.
Major Classifications are as follows:
By Type
- Temperature sensors
- Pressure sensors
- Humidity sensors
- Flow sensors
- Accelerometers
- Magnetometers
- Gyroscopes
- Inertial sensors
- Image sensors
- Touch sensors
- Proximity sensors
- Acoustic sensors
- Motion sensors
- Occupancy sensors
- CO2 sensors
- Others
By Technology
- Wired Network
- Wireless Network
By End-Use
- Consumer
- Home Automation
- Smart City
- Wearable Electronics
- Commercial
- Retail
- Aerospace and defense
- Logistic & supply chain
- Entertainment
- Financial institutes
- Corporate offices
- Industrial
- Energy
- Industrial automation
- Transportation
- Healthcare
- Smart Agriculture
Reason to purchase this report:
- Determine prospective investment areas based on a detailed trend analysis of the global IoT sensor market over the next years.
- Gain an in-depth understanding of the underlying factors driving demand for different and IoT sensor market segments in the top spending countries across the world and identify the opportunities offered by each of them.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
- Identify the major channels that are driving the global IoT sensor market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
- Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global IoT sensor market.
- Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top IoT sensor market providers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available.
Table of Content:
- EXECUTIVE SUMMARY
- INTRODUCTION
- Key Takeaways
- Report Description
- Market Scope & Definition
- Stakeholders
- Research Methodology
- Market Size
- Key Data Points From Primary Sources
- Key Data Points From Secondary Sources
- List Of Primary Sources
- List Of Secondary Sources
- MARKET OVERVIEW
- Industry Segmentation
- Market Trends Analysis
- Major Funding & Investments
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Value Chain Analysis
- Pricing Analysis
- IMPACT OF COVID-19 ON IoT SENSOR MARKET
- Impact of Covid-19 On IoT Sensor Market By Type
- Impact Of Covid-19 On IoT Sensor Market By Technology
- Impact Of Covid-19 On IoT Sensor Market By End Use
- Impact of Covid-19 On IoT Sensor Market by Region
- IoT SENSOR MARKET, BY TYPE
- Introduction
- Temperature sensors
- Pressure sensors
- Humidity sensors
- Flow sensors
- Accelerometers
- Magnetometers
- Gyroscopes
- Inertial sensors
- Image sensors
- Touch sensors
- Proximity sensors
- Acoustic sensors
- Motion sensors
- Occupancy sensors
- Image processing occupancy sensors (IPOS)
- Intelligent occupancy sensors (IOS)
- CO2 sensors
- Others
- Light sensors
- Radar sensors
- IoT SENSOR MARKET, BY TECHNOLOGY
- Wired
- KNX
- LonWorks
- Ethernet
- Modbus
- Digital addressable lighting interface (DALI)
- Wireless
- Wi-Fi
- Bluetooth
- Bluetooth Smart
- Wi-Fi/Bluetooth Smart
- Bluetooth Smart/ANT+
- Bluetooth 5
- Zigbee
- Z-Wave
- NFC
- RFID
- EnOcean
- Thread
- 6LoWPAN
- Wireless-Hart (WHART)
- Process Field Bus (PROFIBUS)
- DECT-ULE
- Others
- ANT+
- ISA 100
- GPS
- Sub-Gig
- Cellular
- Wired
- IoT SENSOR MARKET, BY END-USE
- Consumer
- Home Automation
- Consumer devices
- Smart TVs
- Smart locks
- Smoke detectors
- Home theater projectors
- Next-gen gaming consoles
- Set-top box
- Consumer appliances
- Smart washing machines
- Smart dryers
- Smart refrigerators
- Smart ovens
- Smart cooktops
- Smart cookers
- Smart deep freezers
- Smart dishwashers
- Smart coffee makers
- Smart kettles
- Smart City
- Traffic management
- Water management
- Waste management
- Smart parking
- Smart lighting
- Wearable Electronics
- Consumer application
- Healthcare application
- Industrial application
- Commercial
- Retail
- Advertising & marketing
- Digital signage
- Energy optimization
- Intelligent payment solution
- Real-time/streaming analytics
- Resource management
- Safety & security
- Smart shelf & smart doors
- Smart vending machine
- Aerospace and defense
- Drones/unmanned aerial vehicle (UAV)
- Predictive maintenance
- Logistic & supply chain
- Entertainment
- Financial institutes
- Corporate offices
- Industrial
- Energy
- Industrial automation
- Transportation
- Mode of transportation
- Roadways
- Railways
- Airways
- Maritime
- Types of transportation application
- Predictive analytics
- Telematics
- In-vehicle (In-V)
- Vehicle-to-vehicle (V2V)
- Vehicle-to-infrastructure (V2I)
- Infotainment
- Advanced Driver Assistance System (ADAS)
- Mode of transportation
- Healthcare
- Telemedicine
- Clinical operations & workflow management
- Connected imaging
- Inpatient monitoring
- Medication management
- Others
- Smart Agriculture
- Precision farming
- Livestock monitoring
- Fish farming
- Smart greenhouse
- Others
- Consumer devices
- IoT SENSOR MARKET, BY GEOGRAPHY
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest Of Asia Pacific
- Rest of the World
- Middle East
- Africa
- North America
- COMPETITIVE ANALYSIS
- Introduction
- Top Companies Ranking
- Market Share Analysis
- Recent Developments
- New Product Launch
- Mergers & Acquisitions
- Collaborations, Partnerships & Agreements
- Rewards & Recognition
- COMPANY PROFILES
- ABB Ltd
- Schneider Electric SE
- TE Connectivity
- Robert Bosch GmbH
- OMRON Corporation
- Sensata Technologies
- Honeywell International Inc.
- TDK Corporation
- STMicroelectronics NV
- Texas Instruments Inc.
