Press release
IOT Sensors Market to Reach USD 32900 Million by 2023 | Leading players are Honeywell, NXP, Infineon, ABB, Analog Devices, Bosch, Panasonic, InvenSense, TI, Silicon Laboratories, STM, TE Connectivity, Huagong Tech, Sensirion
IOT Sensors Industry, Global IOT Sensors Market, IOT Sensors Market Size, IOT Sensors Industry Growth, IOT Sensors Industry
A smart sensor is a device that takes input from the physical environment and uses built-in compute resources to perform predefined functions upon detection of specific input and then process data before passing it on. IoT platforms function and deliver valorous kind of intelligence and data using a variety of sensors. They serve to collect data, pushing it and sharing it with a whole network of connected devices. All this collected data makes it possible for devices to autonomously function. By combining a set of sensors and a communication network, devices share information with one another and are improving their effectiveness and functionality.
Over the next five years, projects that IOT Sensors Market will register a 22.9% CAGR in terms of revenue, reach US$ 32900 million by 2023, from US$ 9560 million in 2017.
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North America is the largest consumption country of IoT Sensors, with a sales revenue market share nearly 34.95% in 2017. The second region is Europe, following North America with the sales market share of 34.35% in 2017.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
• 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
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into:
• Pressure Sensor
• Environmental Sensor
• Optical Sensor
• Chemical Sensor
• Motion Sensor
• Others
Split by applications, this report focuses on sales, market share and growth rate of IOT Sensors in each application, can be divided into:
• Smart Home & Wearables
• Smart Energy
• Smart Security
• Manufacturing
• Transportation & Logistics
• Healthcare
• Others
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global IOT Sensors consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of IOT Sensors market by identifying its various subsegments.
Focuses on the key global IOT Sensors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the IOT Sensors with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of IOT Sensors submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents:
IOT Sensors Market Scope of the Report
IOT Sensors Market Executive Summary
Global IOT Sensors Market by Players
IOT Sensors by Regions
Americas IOT Sensors Consumption by Countries
APAC IOT Sensors Consumption by Countries
Europe IOT Sensors by Countries
Middle East & Africa IOT Sensors by Countries
Market Drivers, Challenges and Trends
Marketing, Distributors and Customer
Global IOT Sensors Market Forecast (2018-2023)
IOT Sensors Market Key Players Analysis
Research Findings and Conclusion
For more information on this report, Please visit at: https://www.marketstudyreport.com/reports/2018-2023-global-iot-sensors-consumption-market-report/?utm_source=OPR-SP
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