IoT Sensors Market Size to Rake USD 312.22 Billion by 2033

According to a recent research report titled “IoT Sensors Market (By Sensor Type: Magnetometer, Gyroscope, Inertial Sensor, Image Sensor, Touch Sensor, Temperature Sensor, Pressure Sensor, Humidity Sensor, Flow Sensor, Accelerometer, Others; By Network Technology: ZIGBEE, Z-WAVE, NFC, RFID, Wired, KNX, LonWorks, Ethernet, MODBUS, DALI, Wireless, Bluetooth Smart, Wi-Fi, Bluetooth Smart, Bluetooth Smart / Ant+, Bluetooth 5, Others; By Vertical) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033″ published by Precedence Research, the global IoT sensors market size is projected to touch around USD 312.22 billion by 2033 and growing at a CAGR of 28.15% over the forecast period 2024 to 2033. This comprehensive study examines various factors and their impact on the growth of the IoT sensors market.

IoT Sensors Market Size 2024 to 2033

Key Points

  • Asia Pacific dominated the global IoT sensors market in 2023.
  • North America hosts one of the fastest-growing marketplace for the upcoming years.
  • By sensor type, the pressure sensors segment dominated the market in 2023.
  • By sensor type, the inertial sensors segment is expected to capture a significant share of the market over the forecast period.
  • By network type, the wired segment held the largest share of the market in 2023, under the segment, the ethernet subsegment is observed to capture a promising share in upcoming years.
  • By network type, the wireless technology segment is expected to expand rapidly during the forecast period.

The report primarily focuses on the volume and value of the IoT sensors market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.

Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2021 to 2033, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.

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The research also highlights significant progressions in both organic and inorganic growth strategies within the global IoT sensors market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the IoT sensors market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.

IoT Sensors Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 28.15%
Global Market Size in 2023 USD 26.14 Billion
Global Market Size by 2033 USD 312.22 Billion
Largest Market Asia Pacific
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Sensor Type, By Network Technology, and By Vertical
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Also read: Immunology Market Size to Rise USD 263.22 Billion by 2033

Major Key Points Covered in the Report:

Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.

Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

Market Key Players

The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the IoT sensors market.

IoT Sensors Market Companies

  • AMS OSRAM AG
  • Analog Devices Inc.
  • Broadcom Inc.
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Infineon Technologies AG
  • Innovative Sensor Technology IST AG
  • International Business Machines Corp.
  • Knowles Corp.
  • Libelium Comunicaciones Distribuidas SL
  • Monnit Corp.
  • NXP Semiconductors NV
  • OMRON Corp.
  • SENSATA TECHNOLOGIES HOLDING PLC
  • Siemens AG

Segments Covered in the Report

By Sensor Type

  • Magnetometer
  • Gyroscope
  • Inertial Sensor
  • Image Sensor
  • Touch Sensor
  • Temperature Sensor
  • Pressure Sensor
  • Humidity Sensor
  • Flow Sensor
  • Accelerometer
  • Others

By Network Technology

  • ZIGBEE
  • Z-WAVE
  • NFC
  • RFID
  • Wired
  • KNX
  • LonWorks
  • Ethernet
  • MODBUS
  • DALI
  • Wireless
  • Bluetooth Smart
  • Wi-Fi
  • Bluetooth Smart
  • Bluetooth Smart / Ant+
  • Bluetooth 5
  • Others

By Vertical

  • Industrial
  • Consumer
  • Commercial
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on IoT Sensors Market 

5.1. COVID-19 Landscape: IoT Sensors Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global IoT Sensors Market, By Sensor Type

8.1. IoT Sensors Market Revenue and Volume, by Sensor Type, 2024-2033

8.1.1 Magnetometer

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. Gyroscope

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

8.1.3. Inertial Sensor

8.1.3.1. Market Revenue and Volume Forecast (2021-2033)

8.1.4. Image Sensor

8.1.4.1. Market Revenue and Volume Forecast (2021-2033)

8.1.5. Touch Sensor

8.1.5.1. Market Revenue and Volume Forecast (2021-2033)

8.1.6. Temperature Sensor

8.1.6.1. Market Revenue and Volume Forecast (2021-2033)

8.1.7. Pressure Sensor

8.1.7.1. Market Revenue and Volume Forecast (2021-2033)

8.1.8. Humidity Sensor

8.1.8.1. Market Revenue and Volume Forecast (2021-2033)

8.1.9. Flow Sensor

8.1.9.1. Market Revenue and Volume Forecast (2021-2033)

8.1.10. Accelerometer

8.1.10.1. Market Revenue and Volume Forecast (2021-2033)

8.1.11. Others

8.1.11.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. Global IoT Sensors Market, By Network Technology

9.1. IoT Sensors Market Revenue and Volume, by Network Technology, 2024-2033

9.1.1. ZIGBEE

9.1.1.1. Market Revenue and Volume Forecast (2021-2033)

9.1.2. Z-WAVE

9.1.2.1. Market Revenue and Volume Forecast (2021-2033)

9.1.3. NFC

9.1.3.1. Market Revenue and Volume Forecast (2021-2033)

9.1.4. RFID

9.1.4.1. Market Revenue and Volume Forecast (2021-2033)

9.1.5. Wired

9.1.5.1. Market Revenue and Volume Forecast (2021-2033)

9.1.6. KNX

9.1.6.1. Market Revenue and Volume Forecast (2021-2033)

9.1.7. LonWorks

9.1.7.1. Market Revenue and Volume Forecast (2021-2033)

9.1.8. Ethernet

9.1.8.1. Market Revenue and Volume Forecast (2021-2033)

9.1.9. MODBUS

9.1.9.1. Market Revenue and Volume Forecast (2021-2033)

9.1.10. DALI

9.1.10.1. Market Revenue and Volume Forecast (2021-2033)

9.1.11. Wireless

9.1.11.1. Market Revenue and Volume Forecast (2021-2033)

9.1.12. Bluetooth Smart

9.1.12.1. Market Revenue and Volume Forecast (2021-2033)

9.1.13. Wi-Fi

9.1.13.1. Market Revenue and Volume Forecast (2021-2033)

9.1.14. Bluetooth Smart

9.1.14.1. Market Revenue and Volume Forecast (2021-2033)

9.1.15. Bluetooth Smart / Ant+

9.1.15.1. Market Revenue and Volume Forecast (2021-2033)

9.1.16. Bluetooth 5

9.1.16.1. Market Revenue and Volume Forecast (2021-2033)

9.1.17. Others

9.1.17.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 10. Global IoT Sensors Market, By Vertical 

10.1. IoT Sensors Market Revenue and Volume, by Vertical, 2024-2033

10.1.1. Industrial

10.1.1.1. Market Revenue and Volume Forecast (2021-2033)

10.1.2. Consumer

10.1.2.1. Market Revenue and Volume Forecast (2021-2033)

10.1.3. Commercial

10.1.3.1. Market Revenue and Volume Forecast (2021-2033)

10.1.4. Others

10.1.4.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 11. Global IoT Sensors Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.1.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.1.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.1.4.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.1.4.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.1.5.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.1.5.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.2.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.2.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.2.4.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.2.4.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.2.5.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.2.5.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.2.6.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.2.6.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.2.7.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.2.7.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.3.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.3.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.3.4.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.3.4.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.3.5.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.3.5.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.3.6.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.3.6.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.3.7.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.3.7.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.4.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.4.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.4.4.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.4.4.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.4.5.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.4.5.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.4.6.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.4.6.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.4.7.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.4.7.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.5.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.5.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.5.4.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.5.4.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.5.5.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.5.5.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

Chapter 12. Company Profiles

12.1. AMS OSRAM AG

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Analog Devices Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Broadcom Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Emerson Electric Co.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Honeywell International Inc.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Infineon Technologies AG

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Innovative Sensor Technology IST AG

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. International Business Machines Corp.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Knowles Corp.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Libelium Comunicaciones Distribuidas SL

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Why should you invest in this report?

This report presents a compelling investment opportunity for those interested in the global IoT sensors market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for IoT sensors. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2024-2033. Armed with this knowledge, you can strategically plan your market entry approaches.

Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.

Some of the key questions answered in this report:       

  • What is the size of the overall IoT sensors market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities and challenges of the IoT sensors market and how they are expected to impact the market?
  • What are the attractive investment opportunities within the IoT sensors market?
  • What is the IoT sensors market size at the regional and country-level?
  • Who are the key market players and their key competitors?
  • What are the strategies for growth adopted by the key players in IoT sensors market?
  • What are the recent trends in IoT sensors market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the IoT sensors market growth?
  • What are the key market trends impacting the growth of IoT sensors market?

 

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

View all posts by Prathamesh →

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