The IoT Sensor Market

The Internet of Things (IoT) is the network which equipped with software, natural philosophy, sensors and network property which modify these physical objects to arrange and transfer information. IoT Sensors is primarily used as retail, shopper natural philosophy, safe & security, building automation, healthcare, automotive, industrial, power & utilities and building & home automation. Commonly, IoT is projected to supply advanced property of devices, systems and services which transcend machine-to-machine (M2M) communications and includes a range of protocols, domains and application. Rising automotive industry across the world, along with the rising adoption of IoT sensors in the automotive industry are the key major factors projected to boost global IoT sensors market growth. In addition to this, the surging demand for consumer electronics such as smart homes, smart TVs and smartphones are other factors anticipated to further accelerate the IoT sensors market growth to a certain extent. In addition, the growing consumer awareness about reasonable consumer electronics in several countries and rising sales of electronic products are other factors estimated to foster growth of the global IoT sensors market. Continuous technological advancements and significant inclination towards new and high-end technologies and combination of improved versions of technologies in several equipment or devices across many industries are factors which are likely to drive IoT sensors market growth in the years to come. The going on macro trend in the target market is that the deployment of IoT sensors is rising at a rapid pace for numerous applications as well as in smart cities, smart meters, smart parking, intelligent traffic management systems, etc. This is projected to continue to obtain popularity for the next upcoming years and support the IoT sensors market growth. On contrary, the increasing concerns regarding the data privacy along with the rising cybercrimes will likely to hamper the IoT sensors market growth.

Furthermore, the strict policies in order to protect the systems or data from hacking, and increasing adoption of IoT in various application by several small & medium enterprises and large-scale enterprises, and ongoing advancements in industries, particularly in electronics, healthcare and automotive are vital factors which can create potential opportunities in terms of revenue for present players in the IoT sensors market in the future.

The global IoT Sensor Market is segregated on the basis of Sensor Type as Accelerometer, Gyroscope, Humidity, Image, Inertial, Magnetometer, Pressure, Temperature and Others. Based on Network-Technology the global IoT Sensor Market is segmented in Wired and Wireless. Based on Vertical the global IoT Sensor Market is segmented in Aerospace and Defense, Commercial, Consumer, Electronic Wearable, Industrial, Smart City, Transportation and Others.

The global IoT Sensor Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The IoT Sensor Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

ABB Ltd, Schneider Electric SE, TE Connectivity, Robert Bosch GmbH, OMRON Corporation and others are among the major players in the global IoT Sensor Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In July 2020, Texas Instruments introduced the industry’s first zero-drift Hall-effect current sensors. The TMCS1100 and TMCS1101 allow the lowest drift and highest precision over time and temperature while offering reliable 3-kVrms isolation, which is especially vital for AC or DC high-voltage systems, such as industrial motor drives, energy storage equipment, solar inverters and power supplies.
• In June 2020, TE Connectivity introduced LVDT position sensors. These sensors provide standard and custom solutions based upon hydraulic application needs of ICT off-highway equipment and industrial machine tools.
• In December 2019, NXP Semiconductors declared the acquisition of the wireless connectivity assets from Marvell (NASDAQ: MRVL).
• In May 2018, STMicroelectronics introduced high-precision MEMS sensors with 10-year life for advanced industrial sensing. IIS3DHHC is the first sensor in this class with a 3-axis accelerometer improved for high measurement resolution and stability.

The global IoT Sensor Market has been segmented as below:

IoT Sensor Market, By Sensor Type

• Accelerometer
• Gyroscope
• Humidity
• Image
• Inertial
• Magnetometer
• Pressure
• Temperature
• Others

IoT Sensor Market, By Network-Technology

• Wired
• Wireless

IoT Sensor Market, By Vertical

• Aerospace and Defense
• Commercial
• Consumer
• Electronic Wearable
• Industrial
• Smart City
• Transportation
• Others

IoT Sensor Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

IoT Sensor Market, By Company

• ABB Ltd
• Schneider Electric SE
• TE Connectivity
• Robert Bosch GmbH
• OMRON Corporation
• Sensata Technologies
• Honeywell International Inc.
• TDK Corporation
• STMicroelectronics NV
• Texas Instruments Inc.
• Broadcom
• NXP Semiconductors
• Murata Manufacturing
• Sensata Technologies
• Silicon Laboratories
• Libelium

The report covers the below scope:

• Global IoT Sensor Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global IoT Sensor Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global IoT Sensor Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global IoT Sensor Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global IoT Sensor Market share. Major industry players with significant revenue share include ABB Ltd, Schneider Electric SE, TE Connectivity, Robert Bosch GmbH, OMRON Corporation and others.

Why to Buy this Report:

• Gain detailed insights on the IoT Sensor industry trends
• Find complete analysis on the market status
• Identify the IoT Sensor Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

Free and Paid Customization based on the requirement

1.      Introduction

1.1.       Key Points

1.2.      Report Description

1.3.      Markets Covered

1.4.      Stakeholders

2.     Research Methodology

2.1.      Research Scope

2.2.     Research Methodology

2.2.1.     Market Research Process

2.2.2.    Research Methodology

2.2.2.1.           Secondary Research

2.2.2.2.          Primary Research

2.2.2.3.          Models for Estimation

2.3.     Market Size Estimation

2.3.1.     Bottom-Up Approach

2.3.2.    Top-Down Approach

3.     Executive Summary

4.    Market Overview

4.1.      Introduction

4.2.     Drivers

4.3.     Restraints

4.4.     Opportunities

4.5.     Challenges

5.     IoT Sensor Market, By Sensor Type

5.1.      Key Points

5.2.  Accelerometer

5.3.  Gyroscope

5.4.  Humidity

5.5.  Image

5.6.  Inertial

5.7.  Magnetometer

5.8. Pressure

5.9.  Temperature

5.10.                   Others

6.    IoT Sensor Market, By Network-Technology

6.1.      Key Points

6.2. Wired

6.3. Wireless

7.     IoT Sensor Market, By Vertical

7.1.      Key Points

7.2.  Aerospace and Defense

7.3.  Commercial

7.4.  Consumer

7.5.  Electronic Wearable

7.6.  Industrial

7.7.  Smart City

7.8.  Transportation

7.9.  Others

8.    Competitive Landscape

8.1.      Introduction

8.2.     Start-up companies- IoT Sensor Market

8.3.     Recent Developments

8.3.1.     Mergers & Acquisitions

8.3.2.    New Product Developments

8.3.3.    Portfolio/Production Capacity Expansions

8.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements

8.3.5.    Others

9.    Company Profile

9.1.  ABB Ltd

9.2. Schneider Electric SE

9.3. TE Connectivity

9.4. Robert Bosch GmbH

9.5.  OMRON Corporation

9.6. Sensata Technologies

9.7.  Honeywell International Inc.

9.8. TDK Corporation

9.9. STMicroelectronics NV

9.10.    Texas Instruments Inc.

9.11.      Broadcom

9.12.    NXP Semiconductors

9.13.     Murata Manufacturing

9.14.    Sensata Technologies

9.15.     Silicon Laboratories

9.16.    Libelium