Global IoT Sensors Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global IoT Sensors Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

An IoT 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.

According to our (Global Info Research) latest study, the global IoT Sensors market size was valued at US$ 11840 million in 2023 and is forecast to a readjusted size of USD 36340 million by 2030 with a CAGR of 17.6% during review period.

Geographically, Americas is the largest consumption country of IoT Sensors, with a revenue market share nearly 46% in 2020. The second region is Europe, with the market share of 35.11% in 2020. APAC is the fastest-growing region, especially China, which plays a more important role in the world.

Currently, there are plenty of producing companies in the world. The top five IoT sensors producers are Pressure Sensor, Environmental Sensor, Optical Sensor, Chemical Sensor and Motion Sensor. Pressure Sensor Type is important in the market, with a consumption market share nearly 31.0% in 2020.

IoT Sensors used in Smart City, Connected Industry, Connected Building, Connected Car, Smart Energy, Connected Health and Smart Agriculture. It was showed that 24.04% of the IoT Sensors market demand in Smart City in 2020. The majority of Smart City projects are located in Europe, while the Americas, particularly North America, are strong in Connected Health and Connected Car. The Asia Pacific region is particularly strong in the area of Smart Agriculture projects.

IoT Sensors can be classified into Pressure Sensor, Environmental Sensor, Optical Sensor, Chemical Sensor, Motion Sensor and Others. Press sensor occupies nearly 31% of the market in 2019, which is the biggest number among all.

This report is a detailed and comprehensive analysis for global IoT Sensors market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global IoT Sensors market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global IoT Sensors market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global IoT Sensors market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global IoT Sensors market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for IoT Sensors

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global IoT Sensors market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Bosch, Honeywell, NXP, Infineon, Analog Devices, Panasonic, InvenSense, TI, Silicon Laboratories, ABB, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

IoT Sensors market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Pressure Sensor
Environmental Sensor
Optical Sensor
Chemical Sensor
Motion Sensor
Others

Market segment by Application
Smart City
Connected Industry
Connected Building
Connected Car
Smart Energy
Connected Health
Smart Agriculture
Others

Major players covered
Bosch
Honeywell
NXP
Infineon
Analog Devices
Panasonic
InvenSense
TI
Silicon Laboratories
ABB
STMicroelectronics
TE Connectivity
Huagong Tech
Sensirion
Zhonghang Electronic Measuring Instruments
Vishay
Hanwei Electronics
Semtech
Omron

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe IoT Sensors product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of IoT Sensors, with price, sales quantity, revenue, and global market share of IoT Sensors from 2019 to 2024.

Chapter 3, the IoT Sensors competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the IoT Sensors breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and IoT Sensors market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of IoT Sensors.

Chapter 14 and 15, to describe IoT Sensors sales channel, distributors, customers, research findings and conclusion.