Press release
IoT Sensors Market Analysis, Trends, and Forecasts, to 2025 with Top Key Players: Texas Instruments, TE Connectivity, Broadcom, NXP Semiconductors, STMicroelectronics
Market Overview:IoT Sensors is a network of billions of smart devices that connect people, systems and other applications to collect and share data. IoT sensors collect by connecting to an IoT gateway or other edge devices where data is either sent to the cloud to be analyzed or analyzed locally.
Owing to the increasing demand of IoT sensors in automotive industry, for the purpose of increasing the safety of the vehicle, anti-lock braking systems, and air bags and even for assistance in parking of vehicles. Additionally, various governments across the globe encouraged for smart cities projects which will demand of IoT sensors application in the application in smart energy meters, parking and traffic management which will boost IoT Sensors market in the upcoming year.
According to BlueWeave Consulting, The Global IoT Sensors Market is expected to grow with a significant rate during the forecast period 2019-2025 owing to the increasing demand of IoT sensors in automotive industry, for the purpose of increasing the safety of the vehicle, anti-lock braking systems, and air bags and even for assistance in parking of vehicles.
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Global IoT Sensors Market Competitive Landscape
Texas Instruments, TE Connectivity, Broadcom, NXP Semiconductors, STMicroelectronics, Bosch Sensortec, TDK, Infineon Technologies, Analog Devices, Omron, Sensirion , Honeywell , Siemens , General Electric , SmartThings, Monnit , Murata Manufacturing, Sensata Technologies, Silicon Laboratories , Robert Bosch GmbH, Invensense, Inc., and Libelium are the key players in manufacturing of IoT Sensors.
Gyroscope product type of IoT Sensors market is projected to be the leading segment of the overall market during the forecast period
On the basis of Product type, the IoT Sensors market has been segmented into Pressure, Temperature, Humidity, Magnetometer, Gyroscope, Accelerometer, Image and Inertial. Gyroscope dominates the global IoT Sensors owing to demand for navigation routing application in the automotive industry and consumer electronics. Temperature sensors will influence by growing its usage in manufacturing industries to monitor the temperature of machines and in the agriculture sector to monitor the temperature of the soil, water, and plants.
Wireless technology is expected to the leading segment of the overall IoT Sensors market during the forecast period
On the basis of Network Technology, the IoT Sensors market has been segmented into Wired and Wireless. Wireless technology dominates the global IoT Sensors owing to the increasing demand of wireless network in the automotive industry for the safety of vehicles, help in route and positioning. Wired technology will trigger by its uses in the healthcare industry for high-speed access, comfortable and security purposes.
Utilities are projected to lead the industry for utilizing the applications of the IoT Sensors during the forecast period
On the basis of application, the Global IoT Sensors market has been segmented into Consumer, Commercial, and Industrial. By application type, the Industrial segment will lead the market owing to the growing need of internet-based network in the automotive industry for security and high performance. Consumer segment will drive by rapid urbanization coupled with the demand of IoT based devices and home appliances.
North America accounts for lion's share of the Global IoT Sensors market during the anticipated period.
On the basis of region, the IoT Sensors market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America dominates the world IoT Sensors market over the forecast period owing to the increasing demand for IoT sensors in the automotive and manufacturing industry coupled with the government's initiatives for energy-efficient vehicles. The Asia Pacific is projected to be the fastest growing market throughout the forecast period due to the increase in income in levels and the rapid pace of industrialization coupled with the demand of IoT based consumer devices and home appliances.
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Key Target Audience:
o Market research and consulting firms
o Industry associations
o Raw material suppliers
o Global IoT Sensors manufacturers
o Research organizations and consulting companies
o Global IoT Sensors suppliers
o Organizations, associations, and alliances related to IoT Sensors market
o Regulatory bodies
Scope of the Report
By Product Type
o Pressure
o Temperature
o Humidity
o Magnetometer
o Gyroscope
o Accelerometer
o Image
o Inertial
By Network Technology
o Wired
o Wireless
By Application
o Consumer
o Commercial
o Industrial
Table of Contents
Chapter: 1. Research Framework
Chapter: 2. Research Methodology
Chapter: 3. Executive Summary
Chapter: 4. Industry Insights
Chapter: 5. Global IoT Sensors Market Overview
Chapter: 6. Global IoT Sensors Market, By Product Type
Chapter: 7. Global IoT Sensors Market, By Network Technology
Chapter: 8. Global IoT Sensors Market, By Application
Chapter: 9. Global IoT Sensors Market, By Region
Chapter: 10. Company Profile
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About BlueWeave Consulting & Research Pvt Ltd. (BWC)
BlueWeave Consulting provides a full scope of business intelligence solution for solving your toughest challenges. BWC is an emerging global expert & pioneer in the market research and provision of exclusive market INTEL. We optimize your decision making by equipping your industry with an accurate & better market research according to your industry demands through our professionally designed qualitative & quantitative research methods. Our trendy & efficient sample collection methods, integrated data solutions as well as methodologies certainly make us a better partner that you can rely on. With collective experience in the varied fields of retail, market research and reporting, we provide the business insight and business practices that would give the required impetus for your company's growth.
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