IoT Sensors Market is Estimated to Reach USD 30.4 Billion by 2024

The global IoT sensors market is estimated to reach USD 30.4 billion by 2024 at a CAGR of 27.6%.

Growing prominence for performance and effective quality, growing demand for drones, growing demand for augmented reality & virtual reality, low current consumption & maximum battery life with fast response are expected to drive the IoT sensors market during the forecast period. However, limited security & privacy, act as a restrain to the global market during the forecast period. Increasing use of machine learning & artificial intelligence, low current consumption and cost-optimization is identified as an opportunity for IoT sensors market.

IoT refers to a technology which is used to communicate, sense and interact with other devices. Sensors refer to devices that detect and measure the response of elements. IoT sensor is a machine that is able to identify change in an environment. It is used to measure the quality of pressure, temperature or position with an amount of response. Some key players in IoT sensors TE Connectivity, Texas Instruments Incorporated, Broadcom, NXP Semiconductors, STMicroelectronics, Bosch Sensortec GmbH, Infineon Technologies AG, Analog Devices, Inc., Monnit Corporation and Murata Manufacturing Co., Ltd. among other.

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IoT Sensors Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global IoT sensors market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of type, the market is segmented into temperature sensor, traffic sensor, pressure sensors, proximity sensors, level sensors, accelerometers and others. By connectivity type, the IoT sensors market is segmented into wireless and wired. By application, the market is segmented into automotive, health care, home & building, industrial robots, aerospace & defense and others.

IoT Sensors Market: Report Scope

The report on the IoT sensor market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Companies Covered

• TE Connectivity (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
• Texas Instruments Incorporated
• Broadcom
• NXP Semiconductors
• STMicroelectronics
• Bosch Sensortec GmbH
• Infineon Technologies AG
• Analog Devices, Inc.
• Monnit Corporation
• Murata Manufacturing Co.,Ltd
• Other Key Companies

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IoT Sensors Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

IoT Sensors Market, by Type

• Temperature Sensor
• Traffic Sensor
• Pressure Sensors
• Proximity Sensors
• Level Sensors
• Accelerometers
• Gyroscope
• Gas Sensors
• Infrared Sensors
• Others

IoT Sensors Market, by Connectivity Type

• Wireless
• Wired

IoT Sensors Market by, Application

• Automotive
• HealthCare
• Home & Building
• Industrial Robots
• Aerospace & Defense
• Others

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IoT Sensors Market by, Region

• Asia-Pacific
• China
• Japan
• South Korea
• India
• Taiwan
• Rest of Asia-Pacific
• North America
• US
• Canada
• Mexico
• Europe
• Germany
• Russia
• France
• Italy
• UK
• Spain
• The Netherlands
• Rest of Europe
• Middle East and Africa
• Saudi Arabia
• UAE
• Rest of Middle East & Africa
• South America
• Brazil
• Argentina
• Rest of South America

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Table of Content

1 INTRODUCTION

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.4 Regional Coverage

1.5 Research Timeline

1.6 Assumptions

1.7 Limitations

2 RESEARCH DESIGN & SCOPE

2.1 Introduction

2.2 Primary Research

2.2.1 Key Industry Expert Insight

2.3 Secondary Research

2.3.1 Vital Data from Secondary Sources

2.4 Market Size Estimation

2.5 Data Validation & Triangulation

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Introduction

4.2 Drivers

4.2.1. Growing in Demand of Drones

4.2.2. Advancement in Augmented Reality & Virtual Reality (AR & VR)

4.2.3. Low Current Consumption & Maximum Battery Life with Fast Response

4.3 Restraints

4.3.1. Limited Security & Privacy

4.4 Opportunities

4.4.1. Increasing Use of Machine Learning & Artificial Intelligence

4.4.2. Low Current Consumption and Cost-Optimized

4.5 Challenges

4.5.1 Limited Number of Alarm are Register

5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1 Introduction

5.1.1. Power of Buyers

5.1.2. Power of Suppliers

5.1.3. Intensity of Competition

5.1.4. Challenges of Substitutes

5.1.5. Challenges of New Entrants

5.2 Macro-Economic Indicators

6 IOT SENSOR MARKET BY TYPE, Market Size in USD Million and Units (2017—2024)

6.1 Introduction

6.2 Temperature Sensor

6.3 Traffic Sensor

6.4 Pressure Sensors

6.5 Proximity Sensors

6.6 Level Sensors

6.7 Accelerometers

6.8 Gyroscope

6.9 Gas Sensors

6.10 Infrared Sensors

6.11 Others

7 IOT SENSOR MARKET BY CONNECTIVITY TYPE, Market Size in USD Million and Units (2017—2024)

7.1 Introduction

7.2 Wireless

7.3 Wired

8 IOT SENSOR MARKET APPLICATION, Market Size in USD Million and Units (2017—2024)

8.1 Introduction

8.2 Automotive

8.3 Healthcare

8.4 Construction

8.5 Industrial

8.6 Aerospace & Defense

8.7 Others

9 IOT SENSOR MARKET BY REGION, Market Size in USD Million and Units (2017—2024)

9.1 North America

8.1.1. US

8.1.2. Canada

8.1.3. Mexico

9.2 Europe

8.2.1. Germany

8.2.2. France

8.2.3. Italy

8.2.4. UK

8.2.5. Spain

8.2.6. The Netherlands

8.2.7. Rest of Europe

9.3 Asia-Pacific

8.3.1. China

8.3.2. Japan

8.3.3. India

8.3.4. South Korea

8.3.5. Taiwan

8.3.6. Rest of Asia-Pacific

9.4 Middle East

8.4.1. Saudi Arabia

8.4.2. UAE

8.4.3. Rest of Middle East

9.5 South America

8.5.1. Brazil

8.5.2. Argentina

8.5.3. Rest of South America

10 COMPETITIVE LANDSCAPE

10.1 Introduction

10.2 Market Ranking/Share Analysis of Key Companies

10.3 Company Benchmarking

11 COMPANY PROFILES

11.1 TE Connectivity

11.1.1 Company Overview

11.1.2 Financial Overview

11.1.3 Products/Solutions/Services Offered

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.2 Texas Instruments Incorporated

11.3 Broadcom

11.4 NXP Semiconductors

11.5 STMicroelectronics

11.6 Bosch Sensortec GmbH

11.7 Infineon Technologies AG

11.8 Analog Devices, Inc.

11.9 Monnit Corporation

11.10 Murata Manufacturing Co., Ltd.

11.11 Other Key Companies

12 APPENDIX

12.1 Key Industry Expert Insights

12.2 Primary Discussion Guide

12.3 Customization Options

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