Market Overview:
The global IOT sensors market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for IOT sensors in various applications such as smart homes & wearables, smart energy, smart security, manufacturing, transportation & logistics and healthcare. Moreover, rising adoption of IOT sensors in automotive applications is also propelling the growth of this market. North America dominates the global IOT sensor market and is expected to maintain its dominance during the forecast period.
Product Definition:
IOT Sensors are devices that collect and transmit data about the physical world to a computer or network. IOT Sensors can be used to measure things like temperature, pressure, vibration, or light levels. They can also be used to track movement or activity in a space. IOT Sensors are important because they allow us to collect data about the physical world in real-time.
Pressure Sensor:
Pressure sensor is a device that measures the pressure in liquids and gases. It's major applications are in transportation, automotive, industrial manufacturing and medical sectors. The market for pressure sensors is expected to witness significant growth over the forecast period owing to its increasing usage across various industries including automotive & transportation, consumer electronics & appliances among others.
Environmental Sensor:
Environmental sensors are used to measure physical parameters such as temperature, pressure, and humidity. They are also used in smart cities for air quality monitoring and water quality monitoring among others. Technological advancements have led to the development of compact size sensors that can be easily installed in residential areas, offices, retail stores or other commercial places.
Application Insights:
The smart home & wearables segment dominated the global IOT sensors market in 2017. The growth can be attributed to increasing adoption of smart devices, such as smartphones and wearable devices, in developed countries such as the U.S., Canada, and Germany. Moreover, growing demand for connected security systems is also expected to drive the product demand over the forecast period.
Smart energy includes a wide range of applications including metering infrastructure for electricity and natural gas distribution; asset tracking; location intelligence; advanced metering infrastructure (AMI); remote monitoring & control; predictive maintenance; and others related to energy management that utilize data collected from various IOT sensors deployed at homes or offices for various purposes including billing analysis, energy consumption estimation etc.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period owing to the increasing adoption of smart devices and growing industrialization. The rising number of manufacturing facilities, coupled with an increase in production activities across various industries, is also anticipated to drive demand for monitoring systems over the next eight years.
The European region accounted for more than 25% revenue share in 2017 and is estimated to expand further during the forecast period owing to its well-established infrastructure along with increased adoption from other regions. Moreover, technological advancements such as digital twins are projected to fuel demand for internet-of-things sensors across this region during the forecast period.
North America was valued at USD X million in 2017 and it is expected that by 2030; it will account for more than 30% revenue share globally due towards its developed healthcare industry along with strong presence of smart home & wearables manufacturers operating within this region.
Growth Factors:
- Increasing demand for IOT sensors in automotive and transportation sector
- Rising demand from the industrial sector for process control and automation
- Proliferation of smart devices and growing trend of IoT-enabled devices
- Growing awareness about benefits of sensor data analytics and its applications
- Emergence of new business models such as pay-per-use, subscription, etc., that are fuelling the growth of IOT sensors market
Scope Of The Report
Report Attributes
Report Details
Report Title
IOT Sensors Market Research Report
By Type
Pressure Sensor, Environmental Sensor, Optical Sensor, Chemical Sensor, Motion Sensor, Others
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global IOT Sensors Market Report Segments:
The global IOT Sensors market is segmented on the basis of:
Types
Pressure Sensor, Environmental Sensor, Optical Sensor, Chemical Sensor, Motion Sensor, Others
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 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:
- Pressure Sensor
- Environmental Sensor
- Optical Sensor
- Chemical Sensor
- Motion Sensor
- Others
- 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 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?
IOT sensors are devices that can be used to collect data about the environment. They can be used to monitor things like temperature, humidity, air quality, and movement.
Some of the key players operating in the iot sensors market are Bosch, Honeywell, NXP, Infineon, Analog Devices, Panasonic, InvenSense, TI, Silicon‚Â Laboratories, ABB, STM, TE Connectivity, Huagong Tech, Sensirion, Zhonghang Electronic Measuring Instruments, Vishay, Hanwei Electronics, Semtech, Omron.
The iot sensors market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. IOT Sensors 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 Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. IOT Sensors Market - Supply Chain
4.5. Global IOT Sensors Market Forecast
4.5.1. IOT Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. IOT Sensors Market Size (000 Units) and Y-o-Y Growth
4.5.3. IOT Sensors Market Absolute $ Opportunity
5. Global IOT Sensors 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 Sensors Market Size and Volume Forecast by Type
5.3.1. Pressure Sensor
5.3.2. Environmental Sensor
5.3.3. Optical Sensor
5.3.4. Chemical Sensor
5.3.5. Motion Sensor
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global IOT Sensors 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 Sensors 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 Sensors 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 Sensors 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 Sensors 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 Sensors 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 Sensors Demand Share Forecast, 2019-2026
9. North America IOT Sensors 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 Sensors 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 Sensors 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 Sensors Market Size and Volume Forecast by Type
9.7.1. Pressure Sensor
9.7.2. Environmental Sensor
9.7.3. Optical Sensor
9.7.4. Chemical Sensor
9.7.5. Motion Sensor
9.7.6. Others
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 Sensors Demand Share Forecast, 2019-2026
10. Latin America IOT Sensors 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 Sensors 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 Sensors 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 Sensors Market Size and Volume Forecast by Type
10.7.1. Pressure Sensor
10.7.2. Environmental Sensor
10.7.3. Optical Sensor
10.7.4. Chemical Sensor
10.7.5. Motion Sensor
10.7.6. Others
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 Sensors Demand Share Forecast, 2019-2026
11. Europe IOT Sensors 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 Sensors 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 Sensors 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 Sensors Market Size and Volume Forecast by Type
11.7.1. Pressure Sensor
11.7.2. Environmental Sensor
11.7.3. Optical Sensor
11.7.4. Chemical Sensor
11.7.5. Motion Sensor
11.7.6. Others
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 Sensors Demand Share, 2019-2026
12. Asia Pacific IOT Sensors 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 Sensors 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 Sensors 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 Sensors Market Size and Volume Forecast by Type
12.7.1. Pressure Sensor
12.7.2. Environmental Sensor
12.7.3. Optical Sensor
12.7.4. Chemical Sensor
12.7.5. Motion Sensor
12.7.6. Others
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 Sensors Demand Share, 2019-2026
13. Middle East & Africa IOT Sensors 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 Sensors 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 Sensors 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 Sensors Market Size and Volume Forecast by Type
13.7.1. Pressure Sensor
13.7.2. Environmental Sensor
13.7.3. Optical Sensor
13.7.4. Chemical Sensor
13.7.5. Motion Sensor
13.7.6. Others
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 Sensors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global IOT Sensors Market: Market Share Analysis
14.2. IOT Sensors Distributors and Customers
14.3. IOT Sensors 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