IOT Sensors Market is expected to reach US$ 46,985 million by 2025 – QY Research

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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.

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.

According to the report, global revenue for IoT Sensors market was valued at $ 9,557 million in 2017, and is expected to generate revenue of $ 46,985 million by end of 2025, growing at a CAGR of 22.03 % between 2017 and 2025.

 

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The following manufacturers are covered in this report:

Bosch

Honeywell

NXP

Infineon

Analog Devices

Panasonic

InvenSense

TI

Silicon Laboratories

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

 

IOT Sensors Production by Region

United States

Europe

China

Japan

South Korea

Other Regions

 

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