Battery-Free Sensor Market By Frequency (Low Frequency, High Frequency, and Ultra High Frequency), Sensor Type (Temperature Sensor, Humidity/Moisture Sensor, Pressure Sensor, and Others), and End User (Automotive, Healthcare, Logistic, IT & Telecommunication, and Other): Global Opportunity Analysis and Industry Forecast, 2021–2030
Battery-free sensors work on the principle of radio frequency. In the coming years, the battery-free sensors industry is expected to generate moderate revenue with investments in development, research, and tests. However, the battery-free sensors market is reaching its maturing stage, and is expected to generate modest revenue for key players in the coming years.
Battery-free sensors are sensors, which are used for measuring, monitoring, and recording parameters such as measuring humidity, temperature, heat losses, and more. Basically, battery-free sensors provide temperature and strain measurements. Battery-free sensors are widely used in different industries, smart homes, consumer electronics, and more.
Factors such as increase in government initiatives to promote smart city project and rise in usage of battery-free sensors in industrial applications to cut down operational expenses are expected to drive growth of the market in the future. However, increasing data security concerns acts as major barrier and hampers the market growth.
Furthermore, factors such as growth in adoption of battery-free sensors in healthcare sector for continuous monitoring and surge in demand for battery free sensor in automotive sector to increase efficiency and productivity are expected to offer lucrative opportunities for growth of the market.
The battery-free sensors market is analyzed by frequency, sensor type, end user, and region. By frequency, the market is divided into low frequency, high frequency, and ultra-high frequency. By sensor type, it is divided into temperature sensor, humidity/moisture sensor, pressure sensor, and others. By end user, the market is divided into automotive, healthcare, logistic, IT & telecommunication, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with its prominent countries.
The key players profiled in the report include Texas Instruments, ON Semiconductor, Farsens, Inductosense, Advantech, Powercast, Infineon Technologies, Axzon, General Electric, and EnOcean GmbH. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.
Key Benefits For Stakeholders
This study includes the analytical depiction of the battery-free sensor market forecast along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information regarding the key drivers, restraints, and opportunities in the battery-free sensor market analysis.
The battery-free sensor market trends are quantitatively analyzed from 2020 to 2028 to highlight the financial competency of the industry.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Battery-Free Sensor Market Key Segments
By Frequency
Low Frequency
High Frequency
Ultra High Frequency
By Sensor Type
Temperature Sensor
Humidity/Moisture Sensor
Pressure Sensor
Others
By End User
Automotive
Healthcare
Logistic
IT and Telecommunication
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Texas Instruments,
ON semiconductors
Farsens
Inductosense
Advantech
Powercast
Infineon Technologies
Axzon
General Electric
EnOcean GmbH
List of Company Profiles
Texas Instruments,
ON semiconductors
Farsens
Inductosense
Advantech
Powercast
Infineon Technologies
Axzon
General Electric
EnOcean GmbH
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