Press release
Latin America IoT Sensors Market Distribution Channel 2019: IBM, Canon Medical Systems Corporation, NXP Semiconductors, Sensata Technologies, TE Connectivity, Qualcomm
Latin America IoT Sensors Market report aims to examine the developments of market including its market improvements, developments, positions and others.This report on the Latin America IoT Sensors market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others, to increase their footprints in this market in order to sustain in long run, additionally to present the clear view point of Latin America IoT Sensors market.
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The IoT sensors are one of the most crucial and equipped with IoT cloud based applications. It is connected wirelessly to the mainframe system that is used for identification. The main purpose is to collect data and control the surrounding environments through its different sensors such as temperature sensors, humidity sensors and others. The IoT sensors offer a wide range of application in tracking, security, safety and detecting in different industries. It is used in industrial and automotive, development of smart cities, mining industry, electronics and consumables industry applications.
Market Key Developments:
• On May 2017, Siemens AG acquired Enlighted Inc., a provider of smart IoT (Internet of Things) systems in buildings. This acquisition expanded Siemens’ smart IoT products and derived its digitalisation in multi-sensor-based IoT platform.
• In 2018, EkkoSense (UK) launched wireless thermal sensor based on Internet-of-Things (IoT) technology. This sensor provides ultra-low cost sensor that helps in deploying real-time thermal management of data centres.
Market Key Competitors:
• CANON MEDICAL SYSTEMS CORPORATION,
• NXP Semiconductors,
• STMicroelectronics,
• IBM,
• Sensata Technologies, Inc.,
• Robert Bosch GmbH,
• TE Connectivity,
• Qualcomm Technologies, Inc.
• among others.
Competitive Analysis:
IoT sensors market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cyber security as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Table of Content
Chapter. Introduction
• Report description and scope
• Research scope
• Research met Market research process
• Market research methodology
Chapter: INDUSTRY ANALYSIS
• Value Chain Analysis
• Technology Roadmap
• Market Attractiveness Analysis
Chapter: Market Dynamics
• Introduction
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Trends
Chapter: Porter’s five forces analysis
• Bargaining power of suppliers
• Bargaining power of buyers
• Threat from new entrants
• Threat from new substitutes
• Degree of competition
• Market attractiveness analysis
• Market attractiveness analysis, by product type segment
• Market attractiveness analysis, by type of segment
• Market attractiveness analysis, by end user segment
Chapter: Latin America IoT Sensors Market – Competitive Landscape
• Company Market Share Analysis
• Latin America IoT Sensors market: company market share, 2016
• Strategic Development
• Acquisitions & Mergers
• New Therapy Launch
• Agreements, Partnerships, Collaborations and Joint Ventures
• Research and Development, Therapy and Regional Expansion
Chapter: Major Application Analysis
• Major Application Market Share
• Major Down Stream Customers Analysis
• Others Global
Chapter: New Project Investment Feasibility Analysis:
• New Project SWOT Analysis
• New Project Investment Feasibility Analysis
Toc continued…!
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Market Drivers:
• Increased use of IoT sensor devices due to the technological advancements
• Growth in internet penetration rate
• High demand for connected and wearables devices
• Introduction of Ipv6 creating larger address space
• Adoption of real-time computing for IoT applications
Market Restraint:
• High data security concerns
• High complex systems
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Market Segmentation:
The Latin America IoT sensors market is segmented into three notable segments which are sensor type, technology and vertical.
On the basis of sensor type the market is segmented into:
• sixteen notable segments Temperature Sensors,
• Pressure Sensors,
• Humidity Sensors,
• Flow Sensors,
• Accelerometers,
• Magnetometers,
• Gyroscopes,
• Inertial Sensors,
• Image Sensors,
• Touch Sensors,
• Proximity Sensors,
• Acoustic Sensors,
• Motion Sensors,
• Occupancy Sensors,
• CO2 Sensors,
• Light Sensors and RADAR Sensors.
o In 2017, pressure sensors segment is likely to dominate market with 11.0% shares and is estimated to reach USD 318.9 million by 2025. It is growing at a CAGR of 18.2% in the forecast period of 2018 to 2025.
o The adoption of pressure sensors is witnessing a robust growth. Rapidly applications of pressure sensors are to measure the pressure of non-corrosive and non-flammable gases. The application of pressure sensors is to build with technology based IoT cloud formation are used for maintaining better conditions for atmospheric pressure and the gravitational force in rovers.
On the basis of technology the market is segmented into two notable segments:
• Wired,
• Wireless.
o In 2017, wireless segment is likely to dominate market with 53.9% shares and is estimated to reach USD 1711.0 million by 2025 with the highest CAGR of 19.6% in the forecast period of 2018 to 2025.
o Wireless dominated the Latin America IoT sensors market owing to increased need of storing large data on a daily basis. It is applicable in wireless is for transmitting voice, sounds and music wirelessly.
On the basis of vertical into three notable segments:
• consumer,
• commercial
• industrial.
o In 2017, industrial segment is likely to dominate market with 40.9% shares and is estimated to reach USD 1067.1 million by 2025 with a CAGR of 16.7% in the forecast period of 2018 to 2025.
o The IoT sensors are rapidly adopting the utilization of sensors in different industries varied to its modern requirement in automation as compared to the manual systems. It is applicable in monitoring the pressure and also monitoring the critical equipment’s such are boilers, aerospace, water system and oil drilling systems
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