Market Overview:
The global low power wireless IoT sensors market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for low power wireless IoT sensors across various applications such as smart cities, smart industrial, smart buildings, and others. Additionally, the growing demand for connected devices and rising awareness about the benefits of deploying low power wireless IoT sensors are also contributing to the growth of this market. The LoRa technology segment is expected to hold a major share of the global low power wireless IoT sensors market during the forecast period. This can be attributed to its ability to provide long-range connectivity and reduce energy consumption.
Product Definition:
Low power wireless IoT sensors are used to collect data from various sources and transmit it to a central location for processing. The collected data can be used for a variety of purposes, such as monitoring environmental conditions, tracking inventory levels, or managing energy usage. Low power wireless IoT sensors are important because they allow organizations to gather data without having to install cables or wiring. This makes them ideal for use in locations where wiring is not feasible or would be too difficult or expensive to install.
LoRa Technology:
The LoRa technology is a low power Wide Area Network (WAN) technology. It provides an efficient and cost-effective solution for the Internet of Things (IoT) applications. The key features of this technology include low power consumption, long battery life, easy deployment, secure communication over open networks and multi-hop capabilities among others. These features make it suitable for use in various IoT applications including smart cities infrastructure monitoring systems among others.
SigFox Technology:
SigFox is a low power wireless technology for communication and sensing. It was initially developed by the telecommunication industry to meet their own high bandwidth requirements. The technology has been commercialized by the semiconductor companies including STMicroelectronics, NXP Semiconductors, and Silicon Lab since 2015.
Application Insights:
The global low power wireless IoT sensors market is segmented on the basis of application into smart cities, smart industrial, smart building, connected vehicles, energy & utilities and healthcare. The connected vehicles segment is anticipated to witness significant growth over the forecast period owing to increasing demand for real-time analytics in automobiles.
The growing need for tracking vehicle location and movement; monitoring driver behavior; anticipating passenger needs; providing security by monitoring surroundings; improving traffic management by reducing jams and traffic accidents through effective transportation systems integration are some of the key factors driving this industry growth.
Smart connectivity between buildings enables data sharing & communication across multiple floors or units within a building with ease as well as access to resources such as internet servers from remote locations within a building.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing government initiatives and investments in the infrastructure development sector. For instance, The Government of India has planned ‘Smart Cities’ project which includes installation of LoRaWAN-enabled low power wide area networks for energy management, transportation monitoring and building automation among others. Such government initiatives are anticipated to boost regional market growth during the forecast period.
North America accounted for more than 20% revenue share in 2017 owing to early adoption by end users such as utility companies and other industries that require continuous monitoring or control over large areas with low power consumption requirements such as healthcare & life sciences, manufacturing facilities, etc.
Growth Factors:
- Increasing demand for low power wireless sensors in industrial and commercial applications
- Growing popularity of Internet of Things (IoT) and connected devices
- Proliferation of smart cities and the need for efficient monitoring and management of resources
- Rising demand for energy-efficient systems in automotive, aerospace, and defense industries
- Emergence of new applications such as precision farming, healthcare, and asset tracking
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Power Wireless IoT Sensors Market Research Report
By Type
LoRa Technology, SigFox Technology, NB-IoT Technology
By Application
Smart Cities, Smart Industrial, Smart Building, Smart Connected Vehicles, Smart Energy, Smart Healthcare, Others
By Companies
Robert Bosch GmbH, Honeywell, Analog Devices, NXP Semiconductors, Infineon Technologies, Silicon Laboratories, ABB, InvenSense (TDK), Panasonic, Texas Instruments, Robert Bosch GmbH, TE Connectivity, Omron, Semtech, Sensata Technologies, Vishay, Sensirion AG
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Low Power Wireless IoT Sensors Market Report Segments:
The global Low Power Wireless IoT Sensors market is segmented on the basis of:
Types
LoRa Technology, SigFox Technology, NB-IoT Technology
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 Cities, Smart Industrial, Smart Building, Smart Connected Vehicles, Smart Energy, Smart 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:
- Robert Bosch GmbH
- Honeywell
- Analog Devices
- NXP Semiconductors
- Infineon Technologies
- Silicon Laboratories
- ABB
- InvenSense (TDK)
- Panasonic
- Texas Instruments
- Robert Bosch GmbH
- TE Connectivity
- Omron
- Semtech
- Sensata Technologies
- Vishay
- Sensirion AG
Highlights of The Low Power Wireless IoT Sensors 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:
- LoRa Technology
- SigFox Technology
- NB-IoT Technology
- By Application:
- Smart Cities
- Smart Industrial
- Smart Building
- Smart Connected Vehicles
- Smart Energy
- Smart 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 Low Power Wireless IoT Sensors 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?
Low power wireless IoT sensors are devices that use radio waves to send data. They are often used in places where a battery would not be able to last for an extended period of time, such as inside a building or on an agricultural field.
Some of the key players operating in the low power wireless iot sensors market are Robert Bosch GmbH, Honeywell, Analog Devices, NXP Semiconductors, Infineon Technologies, Silicon Laboratories, ABB, InvenSense (TDK), Panasonic, Texas Instruments, Robert Bosch GmbH, TE Connectivity, Omron, Semtech, Sensata Technologies, Vishay, Sensirion AG.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Low Power Wireless IoT Sensors Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Low Power Wireless IoT Sensors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Low Power Wireless IoT Sensors Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Low Power Wireless IoT Sensors Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Low Power Wireless IoT Sensors Market Size & Forecast, 2018-2028 4.5.1 Low Power Wireless IoT Sensors Market Size and Y-o-Y Growth 4.5.2 Low Power Wireless IoT Sensors Market Absolute $ Opportunity
Chapter 5 Global Low Power Wireless IoT Sensors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Low Power Wireless IoT Sensors Market Size Forecast by Type
5.2.1 LoRa Technology
5.2.2 SigFox Technology
5.2.3 NB-IoT Technology
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Low Power Wireless IoT Sensors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Low Power Wireless IoT Sensors Market Size Forecast by Applications
6.2.1 Smart Cities
6.2.2 Smart Industrial
6.2.3 Smart Building
6.2.4 Smart Connected Vehicles
6.2.5 Smart Energy
6.2.6 Smart Healthcare
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low Power Wireless IoT Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Low Power Wireless IoT Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Low Power Wireless IoT Sensors Analysis and Forecast
9.1 Introduction
9.2 North America Low Power Wireless IoT Sensors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Low Power Wireless IoT Sensors Market Size Forecast by Type
9.6.1 LoRa Technology
9.6.2 SigFox Technology
9.6.3 NB-IoT Technology
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Low Power Wireless IoT Sensors Market Size Forecast by Applications
9.10.1 Smart Cities
9.10.2 Smart Industrial
9.10.3 Smart Building
9.10.4 Smart Connected Vehicles
9.10.5 Smart Energy
9.10.6 Smart Healthcare
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Low Power Wireless IoT Sensors Analysis and Forecast
10.1 Introduction
10.2 Europe Low Power Wireless IoT Sensors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Low Power Wireless IoT Sensors Market Size Forecast by Type
10.6.1 LoRa Technology
10.6.2 SigFox Technology
10.6.3 NB-IoT Technology
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Low Power Wireless IoT Sensors Market Size Forecast by Applications
10.10.1 Smart Cities
10.10.2 Smart Industrial
10.10.3 Smart Building
10.10.4 Smart Connected Vehicles
10.10.5 Smart Energy
10.10.6 Smart Healthcare
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Low Power Wireless IoT Sensors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Low Power Wireless IoT Sensors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Low Power Wireless IoT Sensors Market Size Forecast by Type
11.6.1 LoRa Technology
11.6.2 SigFox Technology
11.6.3 NB-IoT Technology
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Low Power Wireless IoT Sensors Market Size Forecast by Applications
11.10.1 Smart Cities
11.10.2 Smart Industrial
11.10.3 Smart Building
11.10.4 Smart Connected Vehicles
11.10.5 Smart Energy
11.10.6 Smart Healthcare
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Low Power Wireless IoT Sensors Analysis and Forecast
12.1 Introduction
12.2 Latin America Low Power Wireless IoT Sensors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Low Power Wireless IoT Sensors Market Size Forecast by Type
12.6.1 LoRa Technology
12.6.2 SigFox Technology
12.6.3 NB-IoT Technology
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Low Power Wireless IoT Sensors Market Size Forecast by Applications
12.10.1 Smart Cities
12.10.2 Smart Industrial
12.10.3 Smart Building
12.10.4 Smart Connected Vehicles
12.10.5 Smart Energy
12.10.6 Smart Healthcare
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Low Power Wireless IoT Sensors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Low Power Wireless IoT Sensors Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Low Power Wireless IoT Sensors Market Size Forecast by Type
13.6.1 LoRa Technology
13.6.2 SigFox Technology
13.6.3 NB-IoT Technology
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Low Power Wireless IoT Sensors Market Size Forecast by Applications
13.10.1 Smart Cities
13.10.2 Smart Industrial
13.10.3 Smart Building
13.10.4 Smart Connected Vehicles
13.10.5 Smart Energy
13.10.6 Smart Healthcare
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Low Power Wireless IoT Sensors Market: Competitive Dashboard
14.2 Global Low Power Wireless IoT Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Robert Bosch GmbH
14.3.2 Honeywell
14.3.3 Analog Devices
14.3.4 NXP Semiconductors
14.3.5 Infineon Technologies
14.3.6 Silicon Laboratories
14.3.7 ABB
14.3.8 InvenSense (TDK)
14.3.9 Panasonic
14.3.10 Texas Instruments
14.3.11 Robert Bosch GmbH
14.3.12 TE Connectivity
14.3.13 Omron
14.3.14 Semtech
14.3.15 Sensata Technologies
14.3.16 Vishay
14.3.17 Sensirion AG