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Global IOT Sensors Market Set to Grow at a CAGR of 22.0% by 2025

The IOT Sensors market was valued at 9560 Million US$ in 2017 and is projected to reach 47000 Million US$ by 2025, at a CAGR of 22.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for IOT Sensors.

 

Albany, NY -- (SBWIRE) -- 09/12/2018 -- This report presents the worldwide IOT Sensors market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

A smart sensor is a device that takes input from the physical environment and uses built-in compute resources to perform predefined functions upon detection of specific input and then process data before passing it on. IoT platforms function and deliver valorous kind of intelligence and data using a variety of sensors. They serve to collect data, pushing it and sharing it with a whole network of connected devices. All this collected data makes it possible for devices to autonomously function. By combining a set of sensors and a communication network, devices share information with one another and are improving their effectiveness and functionality.

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North America is the largest consumption country of IoT Sensors, with a sales revenue market share nearly 34.95% in 2017.

The second region is Europe, following North America with the sales market share of 34.35% in 2017.

The following manufacturers are covered in this report:
Bosch
Honeywell
NXP
Infineon
Analog Devices
Panasonic
InvenSense
TI
SiliconLaboratories
ABB
STM
TE Connectivity
Huagong Tech
Sensirion
Zhonghang Electronic Measuring Instruments
Vishay
Hanwei Electronics
Semtech
Omron

IOT Sensors Breakdown Data by Type
Pressure Sensor
Environmental Sensor
Optical Sensor
Chemical Sensor
Motion Sensor
Others
IOT Sensors Breakdown Data by Application
Smart Home & Wearables
Smart Energy
Smart Security
Manufacturing
Transportation & Logistics
Healthcare
Others

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IOT Sensors Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Other Regions

IOT Sensors Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global IOT Sensors status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key IOT Sensors manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of IOT Sensors :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of IOT Sensors market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

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For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.