Market Overview:
The global IoT environmental sensor market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart homes and wearables, rising adoption of IoT in smart energy, security, and manufacturing applications, and growing demand for temperature sensors in transportation and logistics applications. Based on type, the global IoT environmental sensor market is segmented into platinum resistance temperature sensors (PRTs), thermocouple temperature sensors (TCs), and thermistor temperature sensors (TSs). The PRT segment is expected to account for the largest share of the global IoT environmental sensor market in 2018. This segment is projected to grow at a CAGR of 11% during the forecast period. The TC segment is projected to grow at a CAGR of 10% during the forecast period. The TS segment is projected to grow at a CAGR of 9% during the forecast period.
Product Definition:
An IoT Environmental Sensor is a device that collects data about the environment and sends it to a computer or other device for analysis. The data can be used to track environmental conditions, such as temperature, humidity, and air quality, or to monitor the progress of a project, such as construction or landscaping.
Platinum Resistance Temperature Sensor:
Platinum resistance temperature sensor is a new term in the Internet of Things (IoT) environmental sensor market. It is used to measure the temperature and its resistance varies with changing platinum alloy composition, which makes it suitable for measuring high-temperature gas or liquid. The most commonly used material for making these sensors are platinum-iridium alloy and ruthenium-iridium alloys.
Thermocouple Temperature Sensor:
Thermocouple is a two-conductor, temperature-sensitive electrical device used for measuring temperature. It consists of an inner and an outer conductor that are exposed to the heat source or cold sink. The heat source or cold sink can be another thermocouple, a resistance, or even open air. As the name suggests, it measures the temperature by responding to thermal energy transfer between its conductors and its environment.
Application Insights:
The smart home & wearables segment dominated the market in 2017 and is expected to witness significant growth over the forecast period. The increasing need for energy conservation has led to a rise in demand for IoT-based environmental sensors in smart home applications. These sensors enable consumers to manage their daily energy consumption through real-time monitoring of utility bills, air quality, and temperature. Furthermore, these devices can also be used as controllers for entertainment systems or appliances that require remote control functionality from a smartphone app or via an online portal.
The growing number of connected homes is driving demand across all industry segments as it enables users to monitor and control various household appliances remotely using mobile apps or online portals provided by manufacturers. In addition, it also allows customers with compatible products from different brands to interoperate with each other through common cloud services thereby enhancing customer experience across different product categories (smart home/wearables).
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period owing to the increasing demand for smart energy, smart transportation, and healthcare solutions. The growing adoption of IoT-based services and devices along with rising investments in R&D activities are also driving growth across this region. Moreover, countries such as China and Japan are among the top manufacturing hubs globally due to factors such as low labor cost, availability of skilled workforce & high-quality infrastructure facilities. This has led these countries to dominate manufacturing sectors across various industries including automotive, consumer electronics etc., which will further boost regional growth over the forecast period.
North America accounted for more than 25% share in 2016 owing to early adoption of environmental sensors coupled with their wide deployment across several applications including smart home & wearables; healthcare; others).
Growth Factors:
- Increasing demand for data-driven decision making across industries
- Proliferation of low-cost sensors and increasing demand for miniaturization of sensors
- Growing number of connected devices and expanding IoT ecosystem
- Rising need for energy efficiency and sustainability
- Emergence of new business models and opportunities
Scope Of The Report
Report Attributes
Report Details
Report Title
IoT Environmental Sensor Market Research Report
By Type
Platinum Resistance Temperature Sensor, Thermocouple Temperature Sensor, Thermistor Temperature Sensor
By Application
Smart Home & Wearables, Smart Energy, Smart Security, Manufacturing, Transportation & Logistics, Healthcare, Others
By Companies
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
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global IoT Environmental Sensor Market Report Segments:
The global IoT Environmental Sensor market is segmented on the basis of:
Types
Platinum Resistance Temperature Sensor, Thermocouple Temperature Sensor, Thermistor Temperature Sensor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Smart Home & Wearables, Smart Energy, Smart Security, Manufacturing, Transportation & Logistics, Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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
Highlights of The IoT Environmental Sensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Platinum Resistance Temperature Sensor
- Thermocouple Temperature Sensor
- Thermistor Temperature Sensor
- By Application:
- Smart Home & Wearables
- Smart Energy
- Smart Security
- Manufacturing
- Transportation & Logistics
- Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IoT Environmental Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IoT environmental sensor is a type of sensor that can be used to collect data about environmental conditions. These sensors can be used to monitor things like air quality, temperature, and humidity.
Some of the major players in the iot environmental sensor market are 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.
The iot environmental sensor market is expected to grow at a compound annual growth rate of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. IoT Environmental Sensor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. IoT Environmental Sensor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. IoT Environmental Sensor Market - Supply Chain
4.5. Global IoT Environmental Sensor Market Forecast
4.5.1. IoT Environmental Sensor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. IoT Environmental Sensor Market Size (000 Units) and Y-o-Y Growth
4.5.3. IoT Environmental Sensor Market Absolute $ Opportunity
5. Global IoT Environmental Sensor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. IoT Environmental Sensor Market Size and Volume Forecast by Type
5.3.1. Platinum Resistance Temperature Sensor
5.3.2. Thermocouple Temperature Sensor
5.3.3. Thermistor Temperature Sensor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global IoT Environmental Sensor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. IoT Environmental Sensor Market Size and Volume Forecast by Application
6.3.1. Smart Home & Wearables
6.3.2. Smart Energy
6.3.3. Smart Security
6.3.4. Manufacturing
6.3.5. Transportation & Logistics
6.3.6. Healthcare
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global IoT Environmental Sensor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. IoT Environmental Sensor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global IoT Environmental Sensor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. IoT Environmental Sensor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global IoT Environmental Sensor Demand Share Forecast, 2019-2026
9. North America IoT Environmental Sensor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America IoT Environmental Sensor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America IoT Environmental Sensor Market Size and Volume Forecast by Application
9.4.1. Smart Home & Wearables
9.4.2. Smart Energy
9.4.3. Smart Security
9.4.4. Manufacturing
9.4.5. Transportation & Logistics
9.4.6. Healthcare
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America IoT Environmental Sensor Market Size and Volume Forecast by Type
9.7.1. Platinum Resistance Temperature Sensor
9.7.2. Thermocouple Temperature Sensor
9.7.3. Thermistor Temperature Sensor
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America IoT Environmental Sensor Demand Share Forecast, 2019-2026
10. Latin America IoT Environmental Sensor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America IoT Environmental Sensor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America IoT Environmental Sensor Market Size and Volume Forecast by Application
10.4.1. Smart Home & Wearables
10.4.2. Smart Energy
10.4.3. Smart Security
10.4.4. Manufacturing
10.4.5. Transportation & Logistics
10.4.6. Healthcare
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America IoT Environmental Sensor Market Size and Volume Forecast by Type
10.7.1. Platinum Resistance Temperature Sensor
10.7.2. Thermocouple Temperature Sensor
10.7.3. Thermistor Temperature Sensor
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America IoT Environmental Sensor Demand Share Forecast, 2019-2026
11. Europe IoT Environmental Sensor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe IoT Environmental Sensor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe IoT Environmental Sensor Market Size and Volume Forecast by Application
11.4.1. Smart Home & Wearables
11.4.2. Smart Energy
11.4.3. Smart Security
11.4.4. Manufacturing
11.4.5. Transportation & Logistics
11.4.6. Healthcare
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe IoT Environmental Sensor Market Size and Volume Forecast by Type
11.7.1. Platinum Resistance Temperature Sensor
11.7.2. Thermocouple Temperature Sensor
11.7.3. Thermistor Temperature Sensor
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe IoT Environmental Sensor Demand Share, 2019-2026
12. Asia Pacific IoT Environmental Sensor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific IoT Environmental Sensor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific IoT Environmental Sensor Market Size and Volume Forecast by Application
12.4.1. Smart Home & Wearables
12.4.2. Smart Energy
12.4.3. Smart Security
12.4.4. Manufacturing
12.4.5. Transportation & Logistics
12.4.6. Healthcare
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific IoT Environmental Sensor Market Size and Volume Forecast by Type
12.7.1. Platinum Resistance Temperature Sensor
12.7.2. Thermocouple Temperature Sensor
12.7.3. Thermistor Temperature Sensor
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific IoT Environmental Sensor Demand Share, 2019-2026
13. Middle East & Africa IoT Environmental Sensor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa IoT Environmental Sensor Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa IoT Environmental Sensor Market Size and Volume Forecast by Application
13.4.1. Smart Home & Wearables
13.4.2. Smart Energy
13.4.3. Smart Security
13.4.4. Manufacturing
13.4.5. Transportation & Logistics
13.4.6. Healthcare
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa IoT Environmental Sensor Market Size and Volume Forecast by Type
13.7.1. Platinum Resistance Temperature Sensor
13.7.2. Thermocouple Temperature Sensor
13.7.3. Thermistor Temperature Sensor
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa IoT Environmental Sensor Demand Share, 2019-2026
14. Competition Landscape
14.1. Global IoT Environmental Sensor Market: Market Share Analysis
14.2. IoT Environmental Sensor Distributors and Customers
14.3. IoT Environmental Sensor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. NXP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Infineon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Analog Devices
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Panasonic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. InvenSense
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TI
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Silicon Laboratories
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ABB
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. STM
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. TE Connectivity
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Huagong Tech
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sensirion
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zhonghang Electronic Measuring Instruments
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Vishay
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Hanwei Electronics
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Semtech
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Omron
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
