LoRa Gateway Modules Market Top Players Wins Over New Customers 2023

Pre and Post-Covid Report Is Covered | Final Report Will Add the Analysis of the Impact of Russia-Ukraine War and COVID-19 on This Industry.

Global "LoRa Gateway Module Market" Research Report 2023 is spread across 117 pages and provides Size, Share, Growth, and Forecast with exclusive vital statistics, data, information, trends, and competitive landscape details in this niche sector.

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LoRa Gateway Module Market research report offers New Insight updates on Business Strategies including Mergers, Acquisitions, Partnerships, R and D, Expansion Plans and Collaborations adopted by these Major Global Players, Revenue by Type (

2023-2028,
), Forecasted Market Size by Application (

2023-2028,
)

The global LoRa Gateway Module size is segmented on the basis of application, end user, and region, with a focus on manufacturers in different regions. The study has detailed the analysis of different factors that increase the industry's growth. This study also provides the scope of different segments and applications that can potentially influence the industry in the future. Pricing analysis is covered in this report according to each type, manufacturer, regional analysis, and price. The LoRa Gateway Module Share report provides an overview of market value structure, cost drivers, and various driving factors and analyzes the industry atmosphere, then studies the global outline of industry size, demand, application, revenue, product, region, and segments. In addition, this report introduces the market competition situation among the distributors and manufacturers profile, market value analysis, and cost chain structure are covered in this report.

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TOP Manufactures in LoRa Gateway Module Market are: -

2023-2028

Brief Description of LoRa Gateway Module Market:

Market Overview of Global LoRa Gateway Module market:

According to our latest research, the global LoRa Gateway Module market looks promising in the next 5 years. As of 2022, the global LoRa Gateway Module market was estimated at USD 430.68 million, and it's anticipated to reach USD 940.86 million in 2030, with a CAGR of 13.91% during the forecast years.

LoRa concentrator/gateways are intermediaries that allow sensing devices to transmit data to the cloud. Providing coverage in difficult-to-reach indoor locations, the long-range wireless picocell gateway is an IoT platform that accompanies the LoRaWAN® infrastructure for use in homes, businesses and buildings.

LoRa (Long Range) is a low-power wide-area network (LPWAN) protocol developed by Semtech. It is based on spread spectrum modulation techniques derived from chirp spread spectrum (CSS) technology.

Influence of COVID-19 Outbreak on LoRa Gateway Module Industry Development

The influence of pneumonia epidemic in COVID-19 on LoRa Gateway Module industry involves all the main links and entities in the industrial chain. Under the epidemic situation, the company's management efficiency declined, commuting was seriously hindered, production plans were seriously hindered, network expansion and marketing were delayed, brands were forced to adjust, market sales declined, and the company and employees' income was damaged.

Pneumonia epidemic in COVID-19 has a great impact on the after-sales operation of LoRa Gateway Module industry, especially on small and medium-sized enterprises. Stopping production not only aggravates the shortage of funds for small and medium-sized enterprises, but also reduces the solvency of enterprises, which may affect production and sales. Some enterprises have difficulties in operation and even go bankrupt. The epidemic situation has seriously affected the logistics and transportation, and the transportation of raw materials is difficult. The industrial chain of small and medium-sized enterprises is imperfect and fragile.

With the gradual control of the epidemic, some factories began to resume operation. However, enterprises need to protect the life and health of employees while operating production, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after production, and testing the body temperature of employees every day to ensure their health. These measures will increase production costs and affect the development of enterprises.

SWOT Analysis

Strength

Increasing penetration of IoT is boosting awareness about the advantages associated with the implementation of the same among end-users, which, as a result, is expected to positively impact the LoRa gateway module market.

The Internet of Things (IoT) is the network of physical objects ('Things') that use sensors to capture data and embedded connectivity to exchange information over the internet to drive new value creation. 'Things' can be computing devices, mechanical and digital machines, objects, animals or people. The anticipated benefits of IoT are widely touted. Therefore, the development of the IoT has promoted the sales growth of LoRa gateway as an intermediary of the IoT.

Smart City describes the use of information and communication technologies in urban infrastructures to improve the quality and performance of urban services in the supply, energy and transport sectors. The optimization thus benefits the citizens as well as the municipalities themselves. In order to enable the best possible networking of a city, the various applications must be networked together by IoT in order to ensure smooth processes.

According to United Nations estimates, nearly 70 percent of the world's population is expected to live in cities by 2050. Many municipalities are integrating low power wide area networks (LPWANs) to digitally transform its citywide infrastructures to make smarter decisions about services needed to effectively meet this urban influx. By deploying an Internet of Things (IoT) sensor network, cities can derive data-driven operational efficiencies that improve public services provided and enhance quality of life for citizens and visitors.

East Asia holds significant growth potential for the LoRa gateway module market. In 2017, the total number of IoT connections in the Asia Pacific was approximately 2.8Bn, and it is expected to reach 10.9Bn in 2025. The presence of various manufacturers of LoRa gateway modules, rapid digitalization, and the growth of smart devices are among the major factors contributing to the growth of the LoRa gateway module market in East Asia. Moreover, the region is also projected to surpass North America and is expected to become the largest market for LoRa gateway modules during the forecast period.

Weakness

High infrastructure cost and lack of infrastructure development is the major challenge for the growth of the LoRa gateway module market

The gateway is a go-between from the sensor to the server. The network server communicates with the gateway via the internet and tells it how to interact with the sensor. Therefore, the operation of the LoRa gateway depends on the mature operation of sensors and servers. The construction of sensors requires relatively high costs, such as telecommunication base stations. Whether the server can run smoothly depends on the communication speed, which has relatively high requirements for the construction of communication infrastructure.

Moreover, the requirement of high capital and skilled labor for the implementation of LoRa technology is restraining the growth of the LoRa gateway module market. The LoRa gateway is a type of chip. Chip manufacturing requires relatively high R&D costs and high-quality labor costs.

Region Overview:

Asia Pacific had the highest growth rate of all regions.

Company Overview:

Murata Manufacturing Co., Microchip Technology Inc., Semtech Corporation, Multi-Tech Systems, Inc. and Laird Connectivity are the five key players in the global LoRa Gateway Module market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global LoRa Gateway Module market in the past 5 years.

Murata is a global leader in the design, manufacture and supply of advanced electronic materials, leading edge electronic components, and multi-functional, high-density modules. Murata innovations can be found in a wide range of applications from mobile phones to home appliances, and automotive applications to energy management systems and healthcare devices.

Microchip Technology Incorporated is a leading provider of smart, connected and secure embedded control solutions. Its easy-to-use development tools and comprehensive product portfolio enable customers to create optimal designs, which reduce risk while lowering total system cost and time to market. The company's solutions serve more than 120,000 customers across the industrial, automotive, consumer, aerospace and defense, communications and computing markets. Headquartered in Chandler, Arizona, Microchip offers outstanding technical support along with dependable delivery and quality.

Segmentation Overview:

By type, 915MHz segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Internet of Things segment occupied the biggest share from 2017 to 2022.

This report covers a research time span from 2018 to 2030, and presents a deep and comprehensive analysis of the global LoRa Gateway Module market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on

LoRa Gateway Module Market Forecast by regions, type and application, with sales and revenue, from 2021 to 2029. LoRa Gateway Module Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.LoRa Gateway Module Market Size report provides important information regarding the total valuation that this industry holds presently and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.This Report Focuses on the LoRa Gateway Module Market manufacturers, to study the sales, value, market share and development plans in the future. It is Define, describe and forecast the LoRa Gateway Module Market Growth by type, application, and region to Study the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. Know significant trends and factors driving or inhibiting the LoRa Gateway Module Market growth opportunities in the market for stakeholders by identifying the high growth segments. Strategically it examines each submarket with respect to individual growth trend and their contribution to the LoRa Gateway Module Market.

What are the major type and applications, of LoRa Gateway Module?

Market segment by Type, the product can be split into

2023-2028

Market segment by Application, split into

2023-2028

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The Global LoRa Gateway Module Market Trends, development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.The global LoRa Gateway Module Market Growth is anticipated to rise at a considerable rate during the forecast period, between 2021 and 2029. In 2021, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

LoRa Gateway Module Market Trend for Development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered. LoRa Gateway Module Market Report also mentions market share accrued by each product in the LoRa Gateway Module market, along with the production growth.

Regions are covered in Chapter 5, 6, 7, 8, 9, 10, 13:

North America (Covered in Chapter 6 and 13)

Europe (Covered in Chapter 7 and 13)

Asia-Pacific (Covered in Chapter 8 and 13)

Middle East and Africa (Covered in Chapter 9 and 13)

South America (Covered in Chapter 10 and 13)

Frequently Asked Questions to This Report?

1. What is the projected market size & growth rate of the LoRa Gateway Module?

LoRa Gateway Module was valued at USD Billion in 2021 and is projected to reach USD Billion by 2030, growing at a CAGR from 2023 to 2030.

2. What are the key driving factors for the growth of the LoRa Gateway Module?

LoRa Gateway Module markets include technological advancements, changing consumer behavior, increasing demand from emerging economies, government initiatives, favorable regulatory policies, and increasing investment in research and development.

3. What are the top players operating in the LoRa Gateway Module?

The major players in the market are

2023-2028,.
4. What segments are covered in the LoRa Gateway Module report?

The Global LoRa Gateway Module is Segmented on the basis of Type, And Geography.

5. How can I get a sample report/company profile for the LoRa Gateway Module?

The sample report for the LoRa Gateway Module can be obtained on demand from the website. Also, 24*7 chat support & direct call services are provided to procure the sample report.

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