Sensors In Internet Of Things (IoT) Devices Market, By Sensor Type (Motion, Temperature, Pressure, L

Published Date: | Report Code : EQ1946870

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The Sensors In Internet Of Things (IoT) Devices Market is expected to promise high growth owing to the increasing adoption of smart cities concept in recent years. Increasing demand from applications including such as home automation, smart city, wearable electronics, consumer, healthcare, industrial automation, and others is expected to drive the growth of sensors on internet of the things device market. This market has witnessed the number of key developments by major companies including Microsoft, Qualcomm, Samsung, Acuity Brands Inc., ARM Holdings, Bosch Sensortec, Cisco Systems and others with a focus on organic as well as inorganic growth strategies. Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.

Segment Insights:

A sensor is a device used to detect changes in its environment and send feedback. It is used with other electronic devices. IoT is the networking of physical and virtual objects. IoT devices are installed with sensors that identify various types of inputs from their physical environment. There are various types of sensors available for different types of IoT applications. As the utilization of sensors has increased, their cost has reduced significantly. Moreover, with the advancement in technology, the sizes of sensors have also decreased considerably. There is ample scope for the development of sensors in IoT.

Key Factors Impacting Market Growth:

  • Growing adoption of smart cities concept
  • Increasing use of devices with Internet connectivity and smartphones
  • Low cost of sensors and their small size can positively impact the market
  • Inconsistency in connectivity, lack of IoT technology skills can hamper the market growth 

Regional Analysis:

Major regions for sensors in internet of things device market are estimated to North America, Western Europe, and the Asia Pacific. North America and Western Europe have been traditional markets for sensors in internet of things device owing to the strong presence of the industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be applications including such as home automation, smart city, wearable electronics, consumer, healthcare, industrial automation, and others. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing a transition in terms of product development and production methods. These factors are expected to drive the demand for the sensors in internet of things device market in North America and Western Europe region. Major markets by country in these regions include the US, Germany, France, UK, Canada, Spain, and others.

The Asia Pacific and the Middle East region has witnessed tremendous growth in the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. Among these applications including such as home automation, smart city, wearable electronics, consumer, healthcare, industrial automation and others are estimated to register high demand for sensors in internet of things device market during the forecast period. On the other hand, the Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting the development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of sensors in the internet of things device market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for sensors in internet of things device during the forecast period. Rest of the World including South America and Africa are estimated to be a developing market with strong potential in the strategic future.

Companies Covered: Microsoft, Qualcomm, Samsung, Acuity Brands Inc., ARM Holdings, Bosch Sensortec, Cisco Systems, Ericsson, Google Inc., Honeywell International Inc., IBM Corporation, Infineon Technologies, Intel Corporation, Invensense Inc., and NXP Semiconductors NV...

Market Segmentation:

By Sensor Type:

  • Motion
  • Temperature
  • Pressure
  • Light
  • Chemical
  • Humidity
  • Proximity
  • Occupancy
  • Accelerometers
  • Others

By Network Technology:

  • Wired
  • Ethernet
  • Digital Addressable Lighting Interface
  • Modbus
  • LonWorks
  • KNX
  • Wireless
  • Bluetooth
  • Wi-Fi
  • Zigbee
  • Radio Frequency Identification (RFID)
  • EnOcean
  • WirelessHART
  • Z-Wave
  • Thread
  • Near Field Communication (NFC)
  • Process Field Bus (PROFIBUS) 

By Application:

  • Home Automation
  • Smart City
  • Wearable Electronics
  • Commercial
  • Retail
  • Consumer
  • Healthcare
  • Industrial Automation
  • Transportation
  • Smart Agriculture
  • Logistics
  • Energy
  • Entertainment

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Sensor Type
    • By Network Technology
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Sensor Type
    • By Network Technology
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Sensor Type
    • By Network Technology
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Sensor Type
    • By Network Technology
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Sensor Type
    • By Network Technology
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Sensor Type
    • By Network Technology
    • By Application

Reasons To Buy This Report:

  • Market size estimation of the sensors in the Internet of Things (IoT) devices market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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