IoT Sensors Market Competitive Landscape 2019 With Analog Devices, ARM Holdings, Broadcom, Honeywell, Infineon, NXP Semiconductors, Omron Corporation, Robert Bosch

The IoT Sensors Market Study integrates the market modules development conditions and definition. The global market is classified by type, type of product, type of material, application, vertical application and end-use. The market was categorized in terms of presentation in the next piece. This statistical survey research report also mentions the presentation segments of the global market. The report examines the imminent IoT Sensors market in North America, Europe, Asia-Pacific (APAC), the Middle East and Africa and Latin America on a regional basis.

A number of research tools have been used to provide a precise understanding of this market, such as Porter’s five forces analysis and SWOT analysis. The report highlights significant market growth trends and dynamics, including limitations, drivers and opportunities. The report provides data on the technological advances that are likely to occur in the coming years or are currently taking place. In addition, the countries that generate high revenue in these regions have also been examined in these countries, along with comprehensive coverage and innovation.

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Latest market study on "IoT Sensors Market to 2027 by Type (Temperature Sensor, Light Sensor, Pressure Sensor, Chemical Sensor, Motion Sensor, and Others); Connectivity Type (Wired and Wireless); and Application (Consumer Electronics, Building Automation, Healthcare, Automotive, Industrial, Retail, and Others) - Global Analysis and Forecast"

IoT sensors market is estimated to reach US$ 65.79 Bn by 2027 from US$ 9.46 Bn in 2018. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

Market Key Developments:

2019: OMRON Corporation globally launched a total of 2,512 models of its DC 3-Wire E2E NEXT Series Proximity Sensors, which boast the world's longest sensing distances (*1) and are now newly equipped with IoT features. These sensors reduce risks of sudden facility stoppages by a factor of 3 (*2); they also detect signs that warn of such stoppages and notify users via the network.

2018: Arm Holdings unveiled chip aimed at self-driving car sensors. Arm's newest chip design is called the Cortex-A65AE, and is designed around the idea of being able to handle the stream of data from a self-driving car's sensors in near real-time. The chip released has the new safety features, as well as features designed to help it process and pass along data from sensors quickly. It also has pathway for speedy connection to graphics processors such as those supplied by Nvidia Corp, which are being adopted by car makers and which Arm's chips would serve as a complement to.

2017: NXP added new NFC chips and sensors to secure the Internet of Things. NXP unveiled two NTAG SmartSensors for temperature monitoring and cold chain logistics and an Arduino-compatible NTAG I²C Plus kit that allows developers to emulate using an NTAG I²C Plus connected tag chip in an embedded electronic system.

Market Key Competitors:

• Analog Devices, Inc.
• ARM Holdings PLC
• Broadcom, Inc.
• Honeywell International, Inc.
• Infineon Technologies AG
• NXP Semiconductors N.V.
• Omron Corporation
• Robert Bosch Gmbh
• STMicroelectronics N.V.
• Texas Instruments Incorporated

IoT Sensors Market Insights:

Rise in consumer electronics industry:-

The consumer electronics industry is witnessing immense growth. In the current scenario, various consumer electronic devices are used by consumers across the globe for a plethora of tasks. Consumer electronic devices such as smartphones, tablets, PCs, music players, etc. have become integral part of consumers’ lives. The consumer devices are becoming smarter with the ongoing technological advancements. The AI-enabled applications have stoked the demand for cheaper sensors. The market for consumer electronics is growing the current scenario, owing to the fact that several semiconductor companies are regularly coming up with advanced technologies which is attracting the industry. Furthermore, wearable devices accounts for one of the fastest-growing segments of the IoT connected device industry. Advanced enterprises considers wearable as exceptional opportunity for mobile technology that can drive greater efficiency, improve workflow and enhance communication.

Advent of connected cars:-

Connected cars enable the travelers or the car itself to automatically share the data within the vehicle and also outside the vehicle. Internet of things (IoT) is one of those technologies which has been breaking grounds to offer automotive manufacturers a new set of products and services which are entirely a new layer to the traditional car perceptions. These new configurations may include sensors, controllers, lighting and software applications, these products and services are offered as stand-alone, where, the customer can plug and play as per the requirement or some of the features are built-in in the new generation cars. These systems can either be deployed in infotainment or automated control units of vehicles. Advancing research in connected and autonomous cars will further increase the scope of integrating IoT sensors in vehicles

Type Insights:-

The IoT sensors market is segmented on the basis of types under temperature sensor, light sensor, pressure sensor, chemical sensor, motion sensor, and others. An IoT needs varied types of sensors to make performance of applications more reliable. As the things are not capable enough to capture states or perform actions unless all device or systems are fitted with the sensors.

Connectivity Type Insights:-

The IoT sensors market by connectivity type is further segmented into wired and wireless. Both connections have its benefits and limitations which distinguish two from each other. Wired connection is more reliable, secure, and they are less likely to get affected by local factors such as floors, walls, cabinets, or interruption from any electronic devices. Whereas, wireless connections are highly scalable and cost-effective technologies due to the presence of a considerable number of manufacturers in the IoT sensors market.

On other hands, wired connections are lacking a feature of mobility and better scalability. These connections fall under expensive category due to the cost of labor and installation of wire. Besides, a wireless connection is relatively slow due to intervention in signals and are prone to interference caused by electronic devices. Therefore, the right solution varies as per the business use case. IoT technology is installed in various methods, thereby it depends upon location of devices and situation. Factors responsible to affect selection of network type includes power usage, network range, interoperability, network bandwidth, intermittent connectivity and security.

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Market Segmentation:

By Type
• Temperature sensor
• Light Sensor
• Pressure Sensor
• Chemical Sensor
• Motion Sensor
• Others

By Connectivity Type
• Wired
• Wireless

By Application
• Consumer Electronics
• Building Automation
• Healthcare
• Automotive
• Industrial
• Retail
• Others

By Geography
• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South America (SAM)

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