Market Overview:
The global sensors in IoT market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for smart sensors in various applications such as business/manufacturing, healthcare, retail, transport, and other sectors. Moreover, the growing trend of Industry 4.0 is also fueling the demand for smart sensors in various industrial applications. The pressure sensor segment is expected to hold the largest share of the global Sensors in IoT market by 2030 owing to its widespread adoption across various industries for measuring pressure variations and controlling process parameters.
 Industry Outlook.svg)
Product Definition:
Sensors are devices that detect and measure physical quantities such as temperature, pressure, moisture, or light and convert them into electrical signals. These signals can then be used to control other devices, for example an air conditioner might use a sensor to detect the temperature in a room and then turn on or off accordingly. Sensors are important in IoT because they allow us to gather data about our environment that we can use to make decisions about how best to interact with it.
Pressure sensors:
Pressure sensors are used in various applications such as automotive, industrial, medical and consumer electronics. The increasing demand for smart homes is expected to drive the market growth over the forecast period. These sensors are also used in wearable devices which help detect physical activities such as pulse rate and blood pressure. Increasing adoption of IoT across various verticals including manufacturing, oil & gas and power generation is further expected to fuel market growth over the next seven years.
Temperature sensors:
Temperature sensors are used to measure temperature and its variations for different types of applications. They can be categorized into two types: Analog and Digital. Analog sensors are the most commonly used type as they provide more flexibility in terms of output compared to their counterparts.
Analog sensor's output is a continuous variable, which can take values between 0 ( lowest ) and 100 ( highest ) representing the variation in degrees Celsius or Fahrenheit .
Application Insights:
The business/manufacturing application segment accounted for the largest revenue share in 2016 and is projected to continue leading over the forecast period. This can be attributed to its rising adoption in industrial applications such as oil & gas, power generation, mining, etc. Furthermore, increasing penetration of sensors in consumer durables will fuel growth over the forecast period. The healthcare sector is expected to emerge as one of the prominent segments with a CAGR exceeding 15% from 2017 to 2030 owing to its growing adoption across various medical applications such as pulse oximeters and blood glucose monitors among others.
The retail segment accounted for a significant market share and is estimated to grow at a rapid pace during future years due largely on IoT-based technologies implemented by major retailers globally including Amazon., Inc., Google LLC., Apple Inc., Microsoft Corporation among others that are tracking customer behavior thereby enabling better marketing campaigns thus driving demand over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increased adoption of IoT technologies and growing demand for connected devices. Moreover, presence of major technology players such as Honeywell International Inc.; Nest; and GE Healthcare is expected to drive the regional market further.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing deployment of smart cities projects across countries such as China, Japan, Australia, Singapore, and India. For instance: In October 2018; China launched a national program called “The Internet Plus Strategy†which aims at building a smart nation by 2025 with strong social infrastructure based on digitalization & connectivity and standards setting (IoT). Such initiatives are expected to boost product penetration in industrial applications thereby driving regional demand over the forecast period.
Growth Factors:
- Increasing demand for smart sensors in automotive and industrial applications
- Proliferation of low-cost, energy-efficient sensors
- Growing demand for sensor data analytics to enable better decision making
- Emergence of new applications such as the Internet of Things and wearables
- Increased focus on security and privacy
Scope Of The Report
Report Attributes
Report Details
Report Title
Sensors in Internet of Things (IoT) Market Research Report
By Type
Pressure sensors, Temperature sensors, Light sensors, Chemical sensors, Motion sensors
By Application
Business/manufacturing, Healthcare, Retail, Transport, Other
By Companies
Acuity Brands, Arm, Bosch Sensortec, Cisco Systems, Ericsson, Google, Honeywell, Qualcomm, IBM, Infineon, Acuity Brands, InvenSense, Microsoft, NXP Semiconductors
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Sensors in Internet of Things (IoT) Market Report Segments:
The global Sensors in Internet of Things (IoT) market is segmented on the basis of:
Types
Pressure sensors, Temperature sensors, Light sensors, Chemical sensors, Motion sensors
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
Business/manufacturing, Healthcare, Retail, Transport, Other
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:
- Acuity Brands
- Arm
- Bosch Sensortec
- Cisco Systems
- Ericsson
- Google
- Honeywell
- Qualcomm
- IBM
- Infineon
- Acuity Brands
- InvenSense
- Microsoft
- NXP Semiconductors
 Market Overview.svg)
Highlights of The Sensors in Internet of Things (IoT) 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:
- Pressure sensors
- Temperature sensors
- Light sensors
- Chemical sensors
- Motion sensors
- By Application:
- Business/manufacturing
- Healthcare
- Retail
- Transport
- Other
- 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 Sensors in Internet of Things (IoT) 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
Sensors are devices that collect data and send it to a computer or another device. They can be used in many different ways, including to detect movement, temperature, sound, and other information.
Some of the key players operating in the sensors in internet of things (iot) market are Acuity Brands, Arm, Bosch Sensortec, Cisco Systems, Ericsson, Google, Honeywell, Qualcomm, IBM, Infineon, Acuity Brands, InvenSense, Microsoft, NXP Semiconductors.
The sensors in internet of things (iot) market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sensors in Internet of Things (IoT) 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 Sensors in Internet of Things (IoT) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sensors in Internet of Things (IoT) 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 Sensors in Internet of Things (IoT) 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 Sensors in Internet of Things (IoT) Market Size & Forecast, 2020-2028
4.5.1 Sensors in Internet of Things (IoT) Market Size and Y-o-Y Growth
4.5.2 Sensors in Internet of Things (IoT) Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Pressure sensors
5.2.2 Temperature sensors
5.2.3 Light sensors
5.2.4 Chemical sensors
5.2.5 Motion sensors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Business/manufacturing
6.2.2 Healthcare
6.2.3 Retail
6.2.4 Transport
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sensors in Internet of Things (IoT) 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 Sensors in Internet of Things (IoT) 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Pressure sensors
9.6.2 Temperature sensors
9.6.3 Light sensors
9.6.4 Chemical sensors
9.6.5 Motion sensors
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 Market Size Forecast by Applications
9.10.1 Business/manufacturing
9.10.2 Healthcare
9.10.3 Retail
9.10.4 Transport
9.10.5 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Pressure sensors
10.6.2 Temperature sensors
10.6.3 Light sensors
10.6.4 Chemical sensors
10.6.5 Motion sensors
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 Market Size Forecast by Applications
10.10.1 Business/manufacturing
10.10.2 Healthcare
10.10.3 Retail
10.10.4 Transport
10.10.5 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Pressure sensors
11.6.2 Temperature sensors
11.6.3 Light sensors
11.6.4 Chemical sensors
11.6.5 Motion sensors
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 Market Size Forecast by Applications
11.10.1 Business/manufacturing
11.10.2 Healthcare
11.10.3 Retail
11.10.4 Transport
11.10.5 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Pressure sensors
12.6.2 Temperature sensors
12.6.3 Light sensors
12.6.4 Chemical sensors
12.6.5 Motion sensors
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 Market Size Forecast by Applications
12.10.1 Business/manufacturing
12.10.2 Healthcare
12.10.3 Retail
12.10.4 Transport
12.10.5 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Pressure sensors
13.6.2 Temperature sensors
13.6.3 Light sensors
13.6.4 Chemical sensors
13.6.5 Motion sensors
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) Market Size Forecast by Applications
13.10.1 Business/manufacturing
13.10.2 Healthcare
13.10.3 Retail
13.10.4 Transport
13.10.5 Other
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 Sensors in Internet of Things (IoT) Market: Competitive Dashboard
14.2 Global Sensors in Internet of Things (IoT) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Acuity Brands
14.3.2 Arm
14.3.3 Bosch Sensortec
14.3.4 Cisco Systems
14.3.5 Ericsson
14.3.6 Google
14.3.7 Honeywell
14.3.8 Qualcomm
14.3.9 IBM
14.3.10 Infineon
14.3.11 Acuity Brands
14.3.12 InvenSense
14.3.13 Microsoft
14.3.14 NXP Semiconductors
