Market Overview:
The global wireless sensor tags 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 wireless sensor tags from various end-use industries, such as automotive, consumer electronics, industrial, aerospace & defense, medical and others. Active tags are expected to hold a larger share of the global wireless sensor tag market than passive tags during the forecast period. North America is expected to hold the largest share of the global wireless sensor tag market in 2018 followed by Europe and Asia Pacific.
Product Definition:
A wireless sensor tag is a small, battery-powered device that emits a signal containing data about its environment. This data can include information about temperature, humidity, motion, or other parameters. Wireless sensor tags are often used in industrial or commercial settings to track and monitor conditions such as inventory levels or environmental conditions.
Active Tags:
Active tags are small wireless devices that can be attached to objects or people for tracking purposes. They are also referred to as active RFID tags, which means they contain a battery and an integrated circuit. The data is wirelessly transmitted using radio frequency waves from the tag antenna when the battery is charged. Active tags use low power radio-frequency (RF) signals, which makes them suitable for applications such as location-based services and tracking individuals in real-time environments with high accuracy.
Passive Tags:
Passive tags are small wireless devices that can be attached to an object and track its movement and other attributes. They are powered by a battery or some other source of energy, which lasts for a longer duration but can be deactivated when the target is moved out of range. The data collected by passive tags is wirelessly transmitted to another device using radio frequency (RF) waves.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2017 and is projected to continue dominating the market over the forecast period. The wireless sensor tags are used in automobiles for a variety of purposes, such as safety and security, monitoring driver behavior, inventory management, etc. Moreover, they can also be used to monitor traffic conditions on roads and help improve vehicle maneuverability by providing real-time data regarding road conditions. These factors are anticipated to drive demand from the automotive sector over the forecast period.
The consumer electronics segment is expected to witness significant growth during the study period owing to increasing adoption of wearable devices that use these tags for communication with mobile phones or computers via Bluetooth Low Energy (BLE). They can also be attached directly onto products such as refrigerators or washing machines and enable manufacturers¢â‚¬â„¢ product innovation by enabling consumers to provide feedback about new products before they are released into production units.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing government funding for research and development activities, technological advancements, and high disposable income of consumers in developed economies including U.S., Canada, and Mexico.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising disposable income of consumers coupled with growing adoption of smartphones & tablets across various industries including healthcare, automotive & transportation, retail & e-commerce sectors in developing countries such as China and India. Moreover, increasing investments by key players for deploying advanced wireless sensor technology will drive regional demand during the forecast period from 2018 to 2030 (estimated). For instance; In January 2016; Qualcomm Inc., a multinational telecommunications equipment and services company based in San Diego California has collaborated with Alibaba Group Holding Ltd.
Growth Factors:
- Increasing demand for wireless sensor tags from the automotive industry for vehicle tracking and safety applications
- Growing popularity of Internet of Things (IoT) and increasing number of connected devices
- Proliferation of low-cost, low-power wireless sensor tag technologies
- Rising demand for RFID tags in supply chain management and retail applications
- Increasing adoption of wireless sensor tags in healthcare and medical research
Scope Of The Report
Report Attributes
Report Details
Report Title
Wireless Sensor Tags Market Research Report
By Type
Active Tags, Passive Tags
By Application
Automotive, Consumer Electronics, Industrial, Aerospace & Defense, Medical, Other
By Companies
TE ConnectivityCao GadgetsON SemiconductorTexas InstrumentsIntelTE Connectivity, Cao Gadgets, ON Semiconductor, Texas Instruments, Intel
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Wireless Sensor Tags Market Report Segments:
The global Wireless Sensor Tags market is segmented on the basis of:
Types
Active Tags, Passive Tags
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
Automotive, Consumer Electronics, Industrial, Aerospace & Defense, Medical, 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:
- TE ConnectivityCao GadgetsON SemiconductorTexas InstrumentsIntelTE Connectivity
- Cao Gadgets
- ON Semiconductor
- Texas Instruments
- Intel
Highlights of The Wireless Sensor Tags 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:
- Active Tags
- Passive Tags
- By Application:
- Automotive
- Consumer Electronics
- Industrial
- Aerospace & Defense
- Medical
- 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 Wireless Sensor Tags 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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- Correctly Positioning New Products
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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?
Wireless sensor tags are small, low-power devices that can be attached to objects or animals to collect data about their environment. They use radio waves to send information back to a receiver, which can then be used for monitoring purposes.
Some of the key players operating in the wireless sensor tags market are TE ConnectivityCao GadgetsON SemiconductorTexas InstrumentsIntelTE Connectivity, Cao Gadgets, ON Semiconductor, Texas Instruments, Intel.
The wireless sensor tags 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 Wireless Sensor Tags 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 Wireless Sensor Tags Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wireless Sensor Tags 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 Wireless Sensor Tags 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 Wireless Sensor Tags Market Size & Forecast, 2020-2028 4.5.1 Wireless Sensor Tags Market Size and Y-o-Y Growth 4.5.2 Wireless Sensor Tags 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 Active Tags
5.2.2 Passive Tags
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 Automotive
6.2.2 Consumer Electronics
6.2.3 Industrial
6.2.4 Aerospace & Defense
6.2.5 Medical
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wireless Sensor Tags 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 Wireless Sensor Tags 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 Active Tags
9.6.2 Passive Tags
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 Automotive
9.10.2 Consumer Electronics
9.10.3 Industrial
9.10.4 Aerospace & Defense
9.10.5 Medical
9.10.6 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 Active Tags
10.6.2 Passive Tags
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 Automotive
10.10.2 Consumer Electronics
10.10.3 Industrial
10.10.4 Aerospace & Defense
10.10.5 Medical
10.10.6 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 Active Tags
11.6.2 Passive Tags
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 Automotive
11.10.2 Consumer Electronics
11.10.3 Industrial
11.10.4 Aerospace & Defense
11.10.5 Medical
11.10.6 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 Active Tags
12.6.2 Passive Tags
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 Automotive
12.10.2 Consumer Electronics
12.10.3 Industrial
12.10.4 Aerospace & Defense
12.10.5 Medical
12.10.6 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 Active Tags
13.6.2 Passive Tags
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 Automotive
13.10.2 Consumer Electronics
13.10.3 Industrial
13.10.4 Aerospace & Defense
13.10.5 Medical
13.10.6 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 Wireless Sensor Tags Market: Competitive Dashboard
14.2 Global Wireless Sensor Tags Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TE ConnectivityCao GadgetsON SemiconductorTexas InstrumentsIntelTE Connectivity
14.3.2 Cao Gadgets
14.3.3 ON Semiconductor
14.3.4 Texas Instruments
14.3.5 Intel