North America IoT Sensors Market Size, Share & Trends Analysis Report By Network Technology, By End Use (Consumer Electronics, Automotive, Industrial, Healthcare, Food & Beverage, Aerospace & Defense, and Others), By Type, By Country and Growth Forecast,

North America IoT Sensors Market Size, Share & Trends Analysis Report By Network Technology, By End Use (Consumer Electronics, Automotive, Industrial, Healthcare, Food & Beverage, Aerospace & Defense, and Others), By Type, By Country and Growth Forecast, 2024 - 2031


The North America IoT Sensors Market would witness market growth of 27.2% CAGR during the forecast period (2024-2031).

The US market dominated the North America IoT Sensors Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $46,602.8 million by 2031. The Canada market is experiencing a CAGR of 29.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 28.8% during (2024 - 2031).

These sensors detect and measure various physical properties, such as temperature, humidity, pressure, light, motion, etc. These sensors are integral to the Internet of Things (IoT) ecosystem, enabling devices to collect, process, and transmit data about their environment. By converting physical phenomena into digital signals, these sensors allow machines, systems, and objects to "sense" their surroundings and interact with each other in an intelligent, automated manner.

In recent times, IoT has revolutionized how people interact, transforming everyday objects into intelligent, interconnected devices. Sensors have emerged as a critical driver of innovation in a variety of industries, including manufacturing, healthcare, agriculture, and smart communities, as the foundation of IoT technology. As a result of the growing use of Internet of Things solutions across a variety of industries, the market has undergone spectacular growth in recent years. The demand for more connected and intelligent devices has surged, pushing the boundaries of what these sensors can achieve. These sensors are embedded in everything from consumer electronics and industrial machinery to vehicles and medical devices, enabling a new era of data-driven decision-making and automation.

In Mexico, the automotive sector is a key driver of the increasing demand for these sensors. Mexico has witnessed an increasing integration of IoT technologies into its automotive production processes, as it is one of the world's greatest automotive manufacturing hubs. These sensors are used extensively to monitor vehicle assembly lines, ensure quality control, and optimize supply chain management. According to the International Trade Administration (ITA), Mexico is the world’s seventh-largest passenger vehicle manufacturer, producing 3.5 million vehicles annually. The production of EVs and hybrids totaled 51,065 units in 2022, representing a growth of 8.5 percent compared to 2021. It is anticipated that the automotive industry in Mexico will continue to increase the adoption of IoT sensors as manufacturers strive to enhance efficiency and reduce costs by implementing automation and real-time data analysis. Hence, the region will present lucrative growth opportunities for the market throughout the forecast period.

Based on Network Technology, the market is segmented into Wireless (Bluetooth, Wi-Fi, Zigbee, Z-Wave, NFC, RFID, and Others), and Wired. Based on Bluetooth Type, the market is segmented into Bluetooth Smart, Bluetooth Smart/Ant+, and Bluetooth 5. Based on End Use, the market is segmented into Consumer Electronics, Automotive, Industrial, Healthcare, Food & Beverage, Aerospace & Defense, and Others. Based on Type, the market is segmented into Pressure Sensor, Temperature Sensor, Proximity Sensor, Image Sensor, Optical Sensor, Gyroscope Sensor, Humidity Sensor, Accelerometer Sensor, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • >STMicroelectronics N.V.
  • NXP Semiconductors N.V.
  • Honeywell International, Inc.
  • Siemens AG
  • Robert Bosch GmbH
  • Infineon Technologies AG
  • ABB Group
  • General Electric Company
  • Texas Instruments, Inc.
  • Sensirion AG
North America IoT Sensors Market Report Segmentation

By Network Technology
  • >Wireless
  • Bluetooth
Bluetooth Smart

Bluetooth Smart/Ant+

Bluetooth 5
  • >Wi-Fi
  • Zigbee
  • Z-Wave
  • NFC
  • RFID
  • Others
  • Wired
By End Use
  • >Consumer Electronics
  • Automotive
  • Industrial
  • Healthcare
  • Food & Beverage
  • Aerospace & Defense
  • Others
By Type
  • >Pressure Sensor
  • Temperature Sensor
  • Proximity Sensor
  • Image Sensor
  • Optical Sensor
  • Gyroscope Sensor
  • Humidity Sensor
  • Accelerometer Sensor
  • Others
By Country
  • >US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America IoT Sensors Market, by Network Technology
1.4.2 North America IoT Sensors Market, by End Use
1.4.3 North America IoT Sensors Market, by Type
1.4.4 North America IoT Sensors Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Nov – 2024, Feb) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America IoT Sensors Market by Network Technology
5.1 North America Wireless Market by Region
5.2 North America IoT Sensors Market by Wireless Type
5.2.1 North America Bluetooth Market by Country
5.2.2 North America IoT Sensors Market by Bluetooth Type
5.2.2.1 North America Bluetooth Smart Market by Country
5.2.2.2 North America Bluetooth Smart/Ant+ Market by Country
5.2.2.3 North America Bluetooth 5 Market by Country
5.2.3 North America Wi-Fi Market by Country
5.2.4 North America Zigbee Market by Country
5.2.5 North America Z-Wave Market by Region
5.2.6 North America NFC Market by Region
5.2.7 North America RFID Market by Country
5.2.8 North America Others Market by Country
5.3 North America Wired Market by Region
Chapter 6. North America IoT Sensors Market by End Use
6.1 North America Consumer Electronics Market by Country
6.2 North America Automotive Market by Country
6.3 North America Industrial Market by Country
6.4 North America Healthcare Market by Country
6.5 North America Food & Beverage Market by Country
6.6 North America Aerospace & Defense Market by Country
6.7 North America Others Market by Country
Chapter 7. North America IoT Sensors Market by Type
7.1 North America Pressure Sensor Market by Country
7.2 North America Temperature Sensor Market by Country
7.3 North America Proximity Sensor Market by Country
7.4 North America Image Sensor Market by Country
7.5 North America Optical Sensor Market by Country
7.6 North America Gyroscope Sensor Market by Country
7.7 North America Humidity Sensor Market by Country
7.8 North America Accelerometer Sensor Market by Country
7.9 North America Others Market by Country
Chapter 8. North America IoT Sensors Market by Country
8.1 US IoT Sensors Market
8.1.1 US IoT Sensors Market by Network Technology
8.1.1.1 US IoT Sensors Market by Wireless Type
8.1.1.1.1 US IoT Sensors Market by Bluetooth Type
8.1.2 US IoT Sensors Market by End Use
8.1.3 US IoT Sensors Market by Type
8.2 Canada IoT Sensors Market
8.2.1 Canada IoT Sensors Market by Network Technology
8.2.1.1 Canada IoT Sensors Market by Wireless Type
8.2.1.1.1 Canada IoT Sensors Market by Bluetooth Type
8.2.2 Canada IoT Sensors Market by End Use
8.2.3 Canada IoT Sensors Market by Type
8.3 Mexico IoT Sensors Market
8.3.1 Mexico IoT Sensors Market by Network Technology
8.3.1.1 Mexico IoT Sensors Market by Wireless Type
8.3.1.1.1 Mexico IoT Sensors Market by Bluetooth Type
8.3.2 Mexico IoT Sensors Market by End Use
8.3.3 Mexico IoT Sensors Market by Type
8.4 Rest of North America IoT Sensors Market
8.4.1 Rest of North America IoT Sensors Market by Network Technology
8.4.1.1 Rest of North America IoT Sensors Market by Wireless Type
8.4.1.1.1 Rest of North America IoT Sensors Market by Bluetooth Type
8.4.2 Rest of North America IoT Sensors Market by End Use
8.4.3 Rest of North America IoT Sensors Market by Type
Chapter 9. Company Profiles
9.1 STMicroelectronics N.V.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Texas Instruments, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.6 SWOT Analysis
9.3 NXP Semiconductors N.V.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 Infineon Technologies AG
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.5.3 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Honeywell International, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Siemens AG
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Robert Bosch GmbH
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 ABB Group
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 General Electric Company
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 SWOT Analysis
9.10. Sensirion AG
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.6 SWOT Analysis

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