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IoT Sensors Market Unveiled: Key Players’ Strategies and Market Growth Forecasts

The global IoT sensors market size reached USD 15.58 Billion in 2021 and is expected to register a revenue CAGR of 28.3% during the forecast period, according to latest analysis by Emergen Research. Rapid advancement in industrial technologies such as Industry 4.0 and Industrial Internet of Things (IoT) as well as increased implementation of IoT sensors owing to cost-effectiveness and compact design are a few of the key factors driving the market revenue growth. Surging demand for Micro-Electromechanical Systems (MEMS) for better consumer electronics is also contributing to revenue growth of the market.

The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the IoT Sensors market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the IoT Sensors market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

General Electric, TE Connectivity, NXP Semiconductors, Texas Instruments Incorporated, STMicroelectronics, OMRON Corporation, Siemens, Infineon Technologies AG, Murata Manufacturing Co, and InvenSense (TDK)

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Emergen Research has segmented the global IoT Sensors market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

  • Sensor Type Outlook (Revenue, USD Billion; 2019-2030)
    • Pressure sensor
    • Temperature sensor
    • Flow sensor
    • Humidity sensor
    • Magnetometer
    • Accelerometer
    • Inertial sensor
    • Gyroscope
    • Touch sensor
    • Image sensor
    • Acoustic sensor
    • Proximity sensor
    • Occupancy sensor
    • Others
  • Network Technology Type Outlook (Revenue, USD Billion; 2019-2030)
    • Wired
      1. Lonworks
      2. KNX
      3. Ethernet
      4. Modbus
      5. Digital Addressable Lighting Interface (DALI)
    • Wireless
      1. Wifi
      2. Zigbee
      3. Bluetooth
      4. Z-wave
      5. NFC
      6. ENOCEAN
      7. RFID
      8. GPS
      9. Others
  • Vertical Outlook (Revenue, USD Billion; 2019-2030)
    • Consumer IoT
      1. Home automation
      2. Smart cities
      3. Wearable electronics
      4. Consumer appliances
    • Commercial IoT
      1. Retail
      2. Aerospace & defense
      3. Financial institutes
      4. Entertainment
      5. Logistics & supply chain
      6. Corporate offices
    • Industrial IoT
      1. Industrial automation
      2. Energy
      3. Transportation
      4. Smart agriculture
      5. Healthcare
  • Regional Outlook (Revenue, USD Billion; 2019–2030)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

more

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

  • Analysis and estimation of the IoT Sensors Market size and share for the projected period of 2022-2030
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global IoT Sensors Market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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