Global Market Study on IoT Sensors: Industrial IoT to Remain Most Lucrative Application Type During 2017 - 2026


Iot Sensors  Market
  • Published On : Jan-2018 |
  • Pages : 155 Pages |
  • Format :

A research methodology with a balanced approach between primary and secondary research along with validation leads to accuracy

Our robust research methodology has helped us create another insightful and comprehensive report titled ‘IoT Sensor Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2026’. For this report, in order to infer the market size, historical data, primary responses and public domain data has been thoroughly analyzed. Revenue of companies in the IoT sensor market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the forecast period. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated with the help of the triangulation method and is extensively scrutinized using advanced tools to garner quantitative and qualitative insights into the global IoT sensor market.

A detailed market taxonomy that breaks up the market into various segments and sub-segments leads to a thorough understanding

There is a detailed market taxonomy of this market that breaks down the global IoT sensor market into various segments and sub-segments to enable the report audience to understand this vast and dynamic market in a comprehensive manner.

Region

 Type

 

Applications

North America

Pressure

Consumer IoT

Latin America

Temperature

Commercial IoT

Europe

Humidity

Industrial IoT

Japan

Magnetometer

APEJ

Accelerometer

MEA

Gyroscope

Inertial

Image

A systematic and clear cut report structure helps in the detailed understanding of this complex market

In order to have an ease of understanding and for the better organization of the report, this report on the global IoT sensor market is divided into four distinct parts. The first part of the report contains the introduction section that has the executive summary of the report. This part also contains the market taxonomy and the definition of the product along with the market viewpoint. The second part of the report contains global IoT sensor market size and forecast by type and application. This part of the report contains important market numbers in the form of revenue comparison, market share comparison and year-on-year growth comparison. The third section of the report comprises the regional assessment of the global IoT sensor market and the regions are chosen as per the market taxonomy.

The competition landscape section is a treasure trove of intelligence on the key player ecosystem of the global IoT sensor market

The last part of the report features the competition landscape of the global IoT sensor market and has information on the key players operating in this market. The competition landscape contains detailed information on the top companies operating in the global IoT sensor market in the form of company description, product overview, key developments, strategic overview and key financials of each of the featured companies along with a comprehensive SWOT analysis. This competition landscape is a valuable part of the report as it contains all the necessary information to study the leading companies operating in the global IoT sensor market in detail and also reveals how they implement their strategies and vision to stay at the top in this highly competitive market.

The diverse application of IoT sensors in various end-use industries is likely to lead to a robust growth of the global IoT sensor market

The IoT sensor market is thriving with various types of sensors connected with devices and people, which enables a two-way communication process between man and machine. There are various end-use industries where IoT sensors are deployed to facilitate this two way communication and for gathering data. In the automotive industry, sensors are deployed for the purpose of increasing the safety of the vehicles and for anti-lock braking systems, air bags and even for assistance in parking of vehicles. In the manufacturing sector, IoT sensors are used to reduce the cost of manufacturing and the cost of maintenance. In addition, these sensors are used to reduce the consumption of energy and wastage of materials. Moreover, with the governments all over the world supporting the establishment of smart cities, there is a huge potential for growth in the global IoT sensors market. In the case of smart cities, IoT sensors find application in smart energy meters, parking and traffic management. IoT sensors even find application in the healthcare industry, where they are used in the form of biosensors and implantable sensors to reduce the cost of healthcare and provide access to better facilities. Even in consumer electronics, IoT sensors are finding applications in proximity sensors and in temperature and pressure sensors in appliances such as smart TVs, refrigerators and air conditioners. With such a wide range of applications for IoT sensors, the global IoT sensor market is set for a robust growth.

Persistence Market Research has come up with an exhaustive study of the global IoT sensor market in which all the aspects related to this vast and upcoming market have been studied thoroughly. This report covers all the important regional IoT markets spread in different regions of the world and presents market numbers of each of such regions individually. The global IoT sensor market also contains a historical analysis of this market for the time period 2012-2016. Also, revenue projections of the market are given for a time span of nine years starting from the year 2017 and ending in the year 2026. As per the data provided by Persistence Market Research, the global IoT sensor market is poised to display a robust CAGR. The global IoT sensor market was estimated to be valued at nearly US$ 3,350 Mn in 2017 and is likely to reach a valuation of nearly US$ 9,900 Mn by the end of the period of forecast in the year 2026.

iot sensor market

Industrial IoT sub-segment in the applications category of the global IoT sensor market to remain dominant segment by value

The industrial IoT sub-segment in the applications category of the global IoT sensor market is expected to display a robust CAGR of 8.6% during the period of assessment. The industrial IoT sub-segment is the most attractive in terms of value in the applications category. As per the projections of Persistence Market Research, the industrial IoT sub-segment was estimated to be valued at nearly US$ 1,550 Mn at the end of the year 2017 and is likely to reach a figure of nearly US$ 3,200 Mn at the end of the assessment period in the year 2026.

Consumer IoT sub-segment in the applications category of the global IoT sensor market is slated to exhibit the fastest CAGR

The consumer IoT sub-segment in the applications category is slated to exhibit the fastest growth rate of 15.8% during the period of assessment. The consumer IoT sub-segment in the global IoT sensor market was estimated to be valued at nearly US$ 1,300 Mn at the end of the year 2017 and is likely to reach a value of nearly US$ 4,850 Mn at the end of the period of assessment in the year 2026.

Competition Landscape

Some of the leading players functioning in the global IoT sensor market have been profiled in this report. Companies whose profiles have been included in the report include Stmicroelectronics N.V., Texas Instruments Incorporated, Te Connectivity Ltd., Broadcom Limited (Avago), NXP Semiconductors N.V., Robert Bosch GmbH, Invensense, Inc., Infineon Technologies AG, Analog Devices, Inc., Arm Holdings PLC., Mirada Medical Limited, Sciencesoft USA Corporation, Siemens Healthineers, Toshiba Medical Systems Corporation and Xinapse Systems Ltd.

Company Profiles

  • Stmicroelectronics N.V. 
  • Texas Instruments Incorporated 
  • Te Connectivity Ltd. 
  • Broadcom Limited (Avago) 
  • NXP Semiconductors N.V.
  • Robert Bosch GmbH 
  • Invensense, Inc. 
  • Infineon Technologies AG 
  • Analog Devices, Inc. 
  • Arm Holdings PLC.
  • Others. 
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