Press release
IoT Sensors Market SWOT Analysis, Dynamics, Drivers, Key Indicators and Forecast to 2022-2030 | General Electric, TE Connectivity, NXP Semiconductors
IoT Sensors Market |Emergen Research
Rapid adoption of Internet of Things (IoT) and edge computing abilities for implementation of next-generation IoT in the industrial sector. Edge computing positively impacts Artificial Intelligence (AI), cloud, energy aggregation, manufacturing, precision farming, data centers, electro mobility, and autonomous vehicles. One of the primary factors driving the fast adoption of smart sensors, particularly in industrial IoT, is the capacity to identify and locate goods based on their environmental conditions.
IoT sensors are in high demand for tasks such as monitoring temperature and humidity, generating alerts, and managing processes in factories and warehouses. Increasing utilization of motion sensors for security and automation reasons such as automatic door controls, automated sinks, and energy management systems, among others, is driving the demand for IoT sensors. IoT sensors increase efficiency by optimizing as well as productivity by understanding how the machine uses energy to enable reduced losses.
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Global IoT Sensors Market research report offers a panoramic view of the IoT Sensors market, regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the IoT Sensors market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.
Major Companies in the Market Include:
General Electric, TE Connectivity, NXP Semiconductors, Texas Instruments Incorporated, STMicroelectronics, OMRON Corporation, Siemens, Infineon Technologies AG, Murata Manufacturing Co, and InvenSense (TDK).
Key Highlights From the Report
Pressure sensor segment accounted for a significant revenue share in 2021. Cost-effectiveness, higher durability, as well as good resistance to vibration, shock, and dynamic pressure changes are some of the major factors driving revenue growth of the segment. Also, the ability to operate at high temperatures and low response times is driving the demand for pressure sensors for various applications such as fluid mechanics, aerodynamics, thermodynamics, soil mechanics, and biophysics.
Wireless segment accounted for the largest revenue share in 2021. Ease of collection of information about the surrounding environment over a prolonged period with reduced manual effort is one of the major factors driving revenue growth of the segment. Moreover, the wireless segment offers efficient measurement of a variety of variables from air temperature and vibration.
Industrial IoT segment accounted for a significant revenue share in 2021. Rising smart city development initiatives in various countries with increasing integration of smart electronic devices in the home are a few of the factors driving revenue growth of the segment. Automated IoT-connected wireless systems enable easy monitoring of health issues. IoT sensors market in North America accounted for the largest revenue share in 2021.
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Emergen Research has segmented global IoT sensors market on the basis of sensor type, network technology type, vertical, and region:
Sensor Type Outlook (Revenue, USD Billion; 2019-2030)
Pressure sensor
Temperature sensor
Flow sensor
Humidity sensor
Magnetometer
Accelerometer
Inertial sensor
Gyroscope
Touch sensor
Image sensor
Acoustic sensor
Proximity sensor
Occupancy sensor
Others
Network Technology Type Outlook (Revenue, USD Billion; 2019-2030)
Wired
Lonworks
KNX
Ethernet
Modbus
Digital Addressable Lighting Interface (DALI)
Wireless
Wifi
Zigbee
Bluetooth
Z-wave
NFC
ENOCEAN
RFID
GPS
Others
Vertical Outlook (Revenue, USD Billion; 2019-2030)
Consumer IoT
Home automation
Smart cities
Wearable electronics
Consumer appliances
Commercial IoT
Retail
Aerospace & defense
Financial institutes
Entertainment
Logistics & supply chain
Corporate offices
Industrial IoT
Industrial automation
Energy
Transportation
Smart agriculture
Healthcare
Regional Overview:
The global IoT Sensors market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global IoT Sensors market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Market Taxonomy:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources
Chapter 2:
Executive Summary
Business trends
Regional trends
Product trends
End-use trends
Chapter 3:
Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
Business Overview
Financial Data
Product Landscape
Strategic Outlook
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