REDDING,
Calif., May 16, 2024 /PRNewswire/ -- According to
a new market research report titled, 'IoT Sensors Market
by Offering (Image Sensors, RFID Sensors, Biosensors, Humidity
Sensors, Optical Sensors, Others), Technology (Wired, Wireless),
Sector (Manufacturing, Retail, Consumer Electronics, Others), &
Geography—Global Forecast to 2031,' in terms of value, the
IoT sensors market is projected to reach $71.6 billion by 2031, at a CAGR of 23.9% during
the forecast period 2024–2031. Also, in terms of volume, the IoT
sensors market is projected to reach 5,93,79,81,126 units by 2031,
at a CAGR of 25.2% during the forecast period 2024–2031.
Download Sample Report Now-
https://www.meticulousresearch.com/download-sample-report/cp_id=5738
IoT sensors are devices that collect data from the physical
world and transmit it to other devices or systems over the internet
or a network. These sensors are a crucial component of IoT
technology that gathers data such as temperature, humidity, motion,
light, pressure, and distance, among others. IoT sensors are used
in a wide range of applications, such as smart homes, industrial
automation, smart cities, agriculture, environmental monitoring,
healthcare, energy management, logistics, retail, and
transportation.
Organizations are increasingly adopting IoT sensors for various
applications such as monitoring, tracking, asset management,
maintenance, and safety. As technology continues to advance, new
and innovative uses for IoT sensors are emerging to increase
efficiency and sustainability and improve quality of life across
various domains. Factors such as the advent of Industry 4.0,
increasing government initiatives for the adoption of IoT devices,
and incorporation of IoT sensors in smart cities are further
supporting the growth of the IoT sensor market.
Based on offering, the IoT sensors market is segmented
into humidity sensors, temperature sensors, proximity sensors,
pressure sensors, image sensors, gas sensors, level sensors,
accelerometer sensors, flow sensors, biosensors, RFID sensors,
optical sensors, and other IoT sensors. In 2024, the image sensors
segment is expected to account for the largest share of
16.4% of the IoT sensors market. The large market share
of this segment is attributed to the rising demand for image
sensors in mobile devices and increasing developments by market
players in this market. For instance, in March 2022, STMicroelectronics N.V. (Switzerland) launched VD55H1, a new family of
high-resolution Time-of-Flight (ToF) sensors designed to provide
advanced 3D depth imaging capabilities to smartphones and other
devices. These sensors can detect objects at distances of up to
five meters from the sensor and even further when combined with
patterned illumination. They enhance the performance of
camera-system features, including the bokeh effect, multi-camera
selection, and video segmentation.
Get a Glimpse Inside: Request Sample Pages-
https://www.meticulousresearch.com/request-sample-report/cp_id=5738
Based on technology, the IoT sensors market is segmented
into wired technology and wireless technology. In 2024, the
wireless technology segment is expected to account for the
larger share of 82.5% of the IoT sensors market. The large
market share of this segment is attributed to the increasing use of
wireless sensor networks for various applications and the
increasing adoption of IoT devices across various sectors. Wireless
sensor networks are utilized across various sectors to measure
environmental conditions such as temperature, sound, pollution
levels, humidity, wind speed and direction, and pressure. Wireless
sensors are preferred over wired sensors as they are more
cost-effective to install and easier to maintain.
Based on sector, the global IoT sensors market is
segmented into agriculture, manufacturing, retail, energy &
utilities, oil & gas, transportation & logistics,
healthcare, consumer electronics, and other sectors. In 2024,
the manufacturing segment is expected to account for the largest
share of 27.4% of the IoT sensors market. The large market
share of this segment is attributed to the supportive government
initiatives aimed at promoting the adoption of IoT devices in
manufacturing, the rising adoption of smart manufacturing across
developing countries, and the increasing number of smart factories.
For instance, in March 2023, the
Government of India launched IoT
sensor-based products, including a Smart Digital thermometer, IoT
enabled Environmental Monitoring System, and a Multichannel data
Acquisition System to boost electronic manufacturing in the
country.
However, the healthcare segment is projected to register the
highest CAGR during the forecast period.
Have Specific Research Needs? Request a Customized
Report-
https://www.meticulousresearch.com/request-customization/cp_id=5738
Based on geography, the global IoT sensors market is
segmented into North America,
Europe, Asia-Pacific, Latin
America, and the Middle
East & Africa. In 2024,
Asia-Pacific is expected to
account for the largest share of 41.3% of the IoT
sensors market. The Asia-Pacific IoT sensors market is estimated to
be worth USD 6.6 billion in
2024. The large market share of this segment is attributed to the
surging demand for smart sensor-enabled wearable devices, growing
technological advancements in industrial sensors, increasing
adoption of industrial robots, the advent of Industry 4.0, and
increasing adoption of IoT devices in the manufacturing and
healthcare industries. For instance, in July
2020, Yokogawa Electric Corporation (Japan) launched new pressure and temperature
sensors for the Sushi Sensor wireless industrial IoT (IIoT)
solutions in Europe, North America, and Southeast Asian
markets.
The key players operating in the IoT sensors market are Texas
Instruments Incorporated (U.S.), TE Connectivity Ltd. (Switzerland), STMicroelectronics N.V.
(Switzerland), OMRON Corporation
(Japan), Honeywell International
Inc. (U.S.), Murata Manufacturing Co., Ltd. (Japan), Bosch Sensortec GmbH (Germany), Analog Devices, Inc. (U.S.), NXP
Semiconductors N.V. (Netherlands),
Infineon Technologies AG (Germany), Broadcom Inc. (U.S.), and TDK
Corporation (Japan).
Browse the In-depth Report-
https://www.meticulousresearch.com/product/iot-sensors-market-5738
Scope of the Report:
IoT Sensors Market Assessment, by
Offering
- Image Sensors
- Biosensors
- RFID Sensors
- Accelerometer Sensors
- Flow Sensors
- Pressure Sensors
- Optical Sensors
- Humidity Sensors
- Temperature Sensors
- Level Sensors
- Proximity Sensors
- Gas Sensors
- Other IoT Sensors
IoT Sensors Market Assessment, by
Technology
- Wireless Technology
- Wi-Fi
- Bluetooth
- Zigbee
- Z-Wave
- Other Wireless Technologies
- Wired Technology
IoT Sensors Market Assessment, by
Sector
- Manufacturing
- Surveillance & Safety
- Machine Inspection & Maintenance
- Smart Robotics
- Production Planning
- Inventory & Warehouse Management
- Other Manufacturing Applications
- Transportation & Logistics
- Traffic Management
- Fleet Management
- Parking Management
- Telematics
- Other Transportation & Logistics Applications
- Retail
- Customer Experience Management
- Operations Management
- Inventory Management
- Other Retail Applications
- Healthcare
- Telehealth/Telemedicine
- Hospital Operations & Workflow Management
- Remote Patient Monitoring
- Medical Devices
- Other Healthcare Applications
- Oil & Gas
- Remote Monitoring
- Worker Safety & Security
- Predictive Maintenance
- Asset Tracking and Management
- Other Oil & Gas Applications
- Energy & Utilities
- Smart Grid Management
- Predictive Maintenance
- Asset Management
- Security And Safety
- Other Energy & Utility Applications
- Consumer Electronics
- Home Automation
- Smart Wearables
- Security & Safety
- Other Consumer Electronics Applications
- Agriculture
- Crop Monitoring
- Livestock Monitoring
- Smart Irrigation
- Inventory Management
- Weather Tracking and Monitoring
- Other Agricultural Applications
- Other Sectors
IoT Sensors Market Assessment, by
Geography
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
- Middle East & Africa
- Latin America
Unlock Opportunities: Buy Now-
https://www.meticulousresearch.com/Checkout/62751812
Related Reports
Industrial IoT Market by Component (Hardware, Platform,
Services, Connectivity), Industry (Agriculture, Manufacturing,
Energy & Utilities, Oil & Gas, Aerospace, Retail,
Transportation & Logistics, Others), Geography - Global
Forecast to 2030
IoT in Manufacturing Market by Component (Platform,
Connectivity), Application (Resource Optimization, Machine
Inspection & Maintenance), End User (Automotive, Medical
Devices) and Geography - Global Forecast to 2029
Industrial Automation Sensors Market by Sensor Type (Level
Sensors, Flow Sensors), Type (Contact Sensors, Non-contact
Sensors), Mode of Automation, End User, and Geography - Global
Forecast to 2029
Wearable Medical Devices Market by Type (Smart Watch, Activity
Monitor, Patch), Application (Monitoring {Glucose, BP, Sleep, RPM},
Therapeutic {Pain, Rehabilitation, Insulin), Grade (Consumer,
Medical), Distribution Channel – Global Forecast to 2030
Automotive Powertrain Sensors Market by Type (Temperature,
Position, Exhaust, Pressure, Speed, Knock), Powertrain Subsystems
(Engine Management, Transmission Management, Power Steering), and
Vehicle Type (ICE, HV, EV) - Global Forecast to 2030
Smart Factory Market by Component (Solutions, Services,
Technologies), Sector (Automotive, Heavy Machinery & Tools,
Aerospace & Defense, Metals & Mining, Electronics &
Semiconductors, Pharmaceuticals), and Geography - Global Forecast
to 2030
Related Blogs:
Top 10 Companies in IoT Sensors Market
Increasing Integration of IoT Sensors into Connected and
Wearable Devices Supporting Market Growth
About Meticulous Research®
Meticulous Research® was founded in 2010 and
incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a
private limited company under the Companies Act, 1956. Since its
incorporation, the company has become the leading provider of
premium market intelligence in North
America, Europe,
Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and
values. Since the inception, we have only thrived to research,
analyze, and present the critical market data with great attention
to details. With the meticulous primary and secondary research
techniques, we have built strong capabilities in data collection,
interpretation, and analysis of data including qualitative and
quantitative research with the finest team of analysts. We design
our meticulously analyzed intelligent and value-driven syndicate
market research reports, custom studies, quick turnaround research,
and consulting solutions to address business challenges of
sustainable growth.
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe: +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn-
https://www.linkedin.com/company/meticulous-research
Content Source:
https://www.meticulousresearch.com/pressrelease/972/iot-sensors-market-2031
Logo:
https://mma.prnewswire.com/media/1757980/Meticulous_Research_Logo_1.jpg
View original
content:https://www.prnewswire.com/news-releases/iot-sensors-market-to-be-worth-71-6-billion-by-2031--exclusive-report-by-meticulous-research-302147816.html
SOURCE Meticulous Market Research Pvt. Ltd.