Market Overview:
The global LoRa node module 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 wide area networks (LPWANs) for Internet of Things (IoT) applications. In addition, the growing demand for smart cities and industrial automation is also contributing to the growth of the LoRa node module market. The global LoRa node module market can be segmented on the basis of type, application, and region. On the basis of type, the global LoRa node module market can be divided into transparent (no protocol) type, LoRAWAN protocol type, and other types. The transparent (no protocol) type segment is expected to hold a major share in terms of revenue in 2018 owing to its low cost and easy implementation compared with other types such as LPWAN or proprietary protocols. However, this segment is projected to lose its share by 2030 due to increasing adoption of LPWANs over proprietary protocols by end-users such as enterprises and service providers. On the basis of application, IoT accounted for a majority share in 2017 owing to rising demand from industries such as automotive & transportation; retail & consumer goods; energy & utilities; healthcare; manufacturing; logistics & supply chain management; and others including education institutions and government organizations worldwide . Smart agriculture held second largest revenue share in 2017 followed by smart city applications .
Product Definition:
A LoRa node module is a device that can be used to establish a communication link between two or more devices. It enables these devices to exchange data over long distances without the need for a wired connection. The importance of LoRa node modules lies in their ability to provide low-power, long-range communication for applications where traditional wireless technologies are not feasible.
Transparent (No Protocol) Type:
Transparent (No Protocol) type is a low-power radio technology used for wireless communication. It operates on the 2.4 GHz band and has an option to operate in the 5 GHz band as well, which increases its range of operation.
LoRaWAN Protocol Type:
The LoRaWAN protocol type is used to differentiate between the wireless networks and their applications. The different types of protocols that are used in this market include Wireless HART, SAE J1962, Profibus V1 & V2, ZigBee & RF4CE and 6LoWPAN. The usage of these protocols depends on the application requirements for a particular network.
Application Insights:
The internet of things application segment accounted for the largest market share in 2017. The increasing adoption of IoT technology is driving the demand for LoRa node modules. Moreover, many companies are focusing on developing products and services that useLoRaWANprotocols to connect different devices over a wireless network. For instance, IBM Corporation launched Low Power Wide Area Network (LPWAN) product portfolio with commercial service launch planned for 2020 across various industries such as healthcare, retail and transportation among others.
The smart agriculture application segment is expected to witness lucrative growth over the forecast period owing to increased government funding & support in several countries towards development of rural area infrastructure including electricity supply along with implementation of advanced technologies such as big data analytics and cloud computing which requires low power wide area networks (LPWAN).
Regional Analysis:
Europe dominated the global LoRa node module market in terms of revenue share in 2016. The regional market is expected to grow at a significant rate over the forecast period owing to increasing adoption of IoT and smart city applications. Furthermore, growing demand for low-power consuming modules is also expected to drive growth over the forecast period. Asia Pacific region is anticipated to witness high growth rate from 2017 to 2030 due its increasing penetration in industrial automation and smart meters applications.
The North America region accounted for a significant revenue share in 2016 owing to increased focus on developing new technologies by organizations such as NIST (National Institute of Standards & Technology).
Growth Factors:
- Increasing demand for long-range wireless connectivity: The need for long-range wireless connectivity is increasing due to the growing number of IoT devices and the expanding deployment of smart city and industrial IoT applications. LoRa node modules offer an efficient and cost-effective way to provide long-range wireless connectivity in these applications.
- Growing demand for low power consumption devices: LoRa node modules consume very low power, making them ideal for battery powered IoT devices. This is a major advantage over other technologies such as Wi-Fi, which consume significantly more power.
- Proliferation of LPWAN networks: LPWAN networks are being deployed at a rapid pace around the world, providing a large installed base of potential users for LoRa node modules. In addition, many operators are offering free or discounted rates for data traffic on their LPWAN networks, making them attractive options for deploying IoT applications .
Scope Of The Report
Report Attributes
Report Details
Report Title
LoRa Node Module Market Research Report
By Type
Transparent (No Protocol) Type, LoRaWAN Protocol Type, Other Types
By Application
Internet of Things, Smart Agriculture, Smart City, Industrial Automation, Smart Meters, Asset Tracking, Smart Home, Sensor networks, M2M
By Companies
Dapu Telecom Technology Co, HOPE MicroElectronics, IMST GmbH, Libelium, Link Labs, LairdTech, Manthink, Murata, Multi-Tech Systems, Microchip Technology, NiceRF
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global LoRa Node Module Market Report Segments:
The global LoRa Node Module market is segmented on the basis of:
Types
Transparent (No Protocol) Type, LoRaWAN Protocol Type, Other Types
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
Internet of Things, Smart Agriculture, Smart City, Industrial Automation, Smart Meters, Asset Tracking, Smart Home, Sensor networks, M2M
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:
- Dapu Telecom Technology Co
- HOPE MicroElectronics
- IMST GmbH
- Libelium
- Link Labs
- LairdTech
- Manthink
- Murata
- Multi-Tech Systems
- Microchip Technology
- NiceRF
Highlights of The LoRa Node Module 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:
- Transparent (No Protocol) Type
- LoRaWAN Protocol Type
- Other Types
- By Application:
- Internet of Things
- Smart Agriculture
- Smart City
- Industrial Automation
- Smart Meters
- Asset Tracking
- Smart Home
- Sensor networks
- M2M
- 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 LoRa Node Module 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?
A LoRa Node Module is a small hardware component that can be inserted into a LoRa network to provide additional functionality. This could include things like adding an extra radio, acting as a gateway or acting as an access point for devices that need to connect to the network but don't have their own LoRa radios.
Some of the major players in the lora node module market are Dapu Telecom Technology Co, HOPE MicroElectronics, IMST GmbH, Libelium, Link Labs, LairdTech, Manthink, Murata, Multi-Tech Systems, Microchip Technology, NiceRF.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LoRa Node Module 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. LoRa Node Module Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. LoRa Node Module Market - Supply Chain
4.5. Global LoRa Node Module Market Forecast
4.5.1. LoRa Node Module Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. LoRa Node Module Market Size (000 Units) and Y-o-Y Growth
4.5.3. LoRa Node Module Market Absolute $ Opportunity
5. Global LoRa Node Module 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. LoRa Node Module Market Size and Volume Forecast by Type
5.3.1. Transparent (No Protocol) Type
5.3.2. LoRaWAN Protocol Type
5.3.3. Other Types
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global LoRa Node Module 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. LoRa Node Module Market Size and Volume Forecast by Application
6.3.1. Internet of Things
6.3.2. Smart Agriculture
6.3.3. Smart City
6.3.4. Industrial Automation
6.3.5. Smart Meters
6.3.6. Asset Tracking
6.3.7. Smart Home
6.3.8. Sensor networks
6.3.9. M2M
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global LoRa Node Module 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. LoRa Node Module 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 LoRa Node Module 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. LoRa Node Module 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 LoRa Node Module Demand Share Forecast, 2019-2026
9. North America LoRa Node Module 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 LoRa Node Module 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 LoRa Node Module Market Size and Volume Forecast by Application
9.4.1. Internet of Things
9.4.2. Smart Agriculture
9.4.3. Smart City
9.4.4. Industrial Automation
9.4.5. Smart Meters
9.4.6. Asset Tracking
9.4.7. Smart Home
9.4.8. Sensor networks
9.4.9. M2M
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America LoRa Node Module Market Size and Volume Forecast by Type
9.7.1. Transparent (No Protocol) Type
9.7.2. LoRaWAN Protocol Type
9.7.3. Other Types
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 LoRa Node Module Demand Share Forecast, 2019-2026
10. Latin America LoRa Node Module 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 LoRa Node Module 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 LoRa Node Module Market Size and Volume Forecast by Application
10.4.1. Internet of Things
10.4.2. Smart Agriculture
10.4.3. Smart City
10.4.4. Industrial Automation
10.4.5. Smart Meters
10.4.6. Asset Tracking
10.4.7. Smart Home
10.4.8. Sensor networks
10.4.9. M2M
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America LoRa Node Module Market Size and Volume Forecast by Type
10.7.1. Transparent (No Protocol) Type
10.7.2. LoRaWAN Protocol Type
10.7.3. Other Types
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 LoRa Node Module Demand Share Forecast, 2019-2026
11. Europe LoRa Node Module 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 LoRa Node Module 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 LoRa Node Module Market Size and Volume Forecast by Application
11.4.1. Internet of Things
11.4.2. Smart Agriculture
11.4.3. Smart City
11.4.4. Industrial Automation
11.4.5. Smart Meters
11.4.6. Asset Tracking
11.4.7. Smart Home
11.4.8. Sensor networks
11.4.9. M2M
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe LoRa Node Module Market Size and Volume Forecast by Type
11.7.1. Transparent (No Protocol) Type
11.7.2. LoRaWAN Protocol Type
11.7.3. Other Types
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 LoRa Node Module Demand Share, 2019-2026
12. Asia Pacific LoRa Node Module 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 LoRa Node Module 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 LoRa Node Module Market Size and Volume Forecast by Application
12.4.1. Internet of Things
12.4.2. Smart Agriculture
12.4.3. Smart City
12.4.4. Industrial Automation
12.4.5. Smart Meters
12.4.6. Asset Tracking
12.4.7. Smart Home
12.4.8. Sensor networks
12.4.9. M2M
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific LoRa Node Module Market Size and Volume Forecast by Type
12.7.1. Transparent (No Protocol) Type
12.7.2. LoRaWAN Protocol Type
12.7.3. Other Types
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 LoRa Node Module Demand Share, 2019-2026
13. Middle East & Africa LoRa Node Module 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 LoRa Node Module 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 LoRa Node Module Market Size and Volume Forecast by Application
13.4.1. Internet of Things
13.4.2. Smart Agriculture
13.4.3. Smart City
13.4.4. Industrial Automation
13.4.5. Smart Meters
13.4.6. Asset Tracking
13.4.7. Smart Home
13.4.8. Sensor networks
13.4.9. M2M
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa LoRa Node Module Market Size and Volume Forecast by Type
13.7.1. Transparent (No Protocol) Type
13.7.2. LoRaWAN Protocol Type
13.7.3. Other Types
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 LoRa Node Module Demand Share, 2019-2026
14. Competition Landscape
14.1. Global LoRa Node Module Market: Market Share Analysis
14.2. LoRa Node Module Distributors and Customers
14.3. LoRa Node Module Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dapu Telecom Technology Co
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HOPE MicroElectronics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. IMST GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Libelium
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Link Labs
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LairdTech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Manthink
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Murata
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Multi-Tech Systems
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Microchip Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NiceRF
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
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