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Global IOT Sensors Market Valuable Growth Prospects, Top Players, Key Country Analysis, Trends and Forecast till 2025

A smart sensor is a device that takes input from the physical environment and uses built-in compute resources to perform predefined functions upon detection of specific input and then process data before passing it on. IoT platforms function and deliver valorous kind of intelligence and data using a variety of sensors. They serve to collect data, pushing it and sharing it with a whole network of connected devices. All this collected data makes it possible for devices to autonomously function. By combining a set of sensors and a communication network, devices share information with one another and are improving their effectiveness and functionality.

North America is the largest consumption country of IoT Sensors, with a sales revenue market share nearly 34.95% in 2017. The second region is Europe, following North America with the sales market share of 34.35% in 2017.

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According to this study, over the next five years, the IOT Sensors market will register a 22.9% CAGR in terms of revenue, the global market size will reach USD 32900 million by 2024, from USD 9560 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in IOT Sensors business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of IOT Sensors market by product type, application, key manufacturers and key regions and countries.

This study considers the IOT Sensors value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Pressure Sensor
  • Environmental Sensor
  • Optical Sensor
  • Chemical Sensor
  • Motion Sensor
  • Others

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Smart Home & Wearables
  • Smart Energy
  • Smart Security
  • Manufacturing
  • Transportation & Logistics
  • Healthcare
  • Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
    • United States
    • Canada
    • Mexico
    • Brazil
  • APAC
    • China
    • Japan
    • Korea
    • Southeast Asia
    • India
    • Australia
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
    • Spain
  • Middle East & Africa
    • Egypt
    • South Africa
    • Israel
    • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Bosch
  • Honeywell
  • NXP
  • Infineon
  • Analog Devices
  • Panasonic
  • InvenSense
  • TI
  • Silicon Laboratories
  • ABB
  • STM
  • TE Connectivity
  • Huagong Tech
  • Sensirion
  • Zhonghang Electronic Measuring Instruments
  • Vishay
  • Hanwei Electronics
  • Semtech
  • Omron

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

 

Research objectives

  • To study and analyze the global IOT Sensors consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of IOT Sensors market by identifying its various sub-segments.
  • Focuses on the key global IOT Sensors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
  • To analyze the IOT Sensors with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of IOT Sensors submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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