PUBLISHER: Grand View Research | PRODUCT CODE: 1530554
PUBLISHER: Grand View Research | PRODUCT CODE: 1530554
IoT Sensors Market Size, Share & Trends Analysis Report By Type, By End Use, By Region, And Segment Forecasts, 2024 - 2030
IoT Sensors Market Size & Trends
The global IoT sensors market size was estimated at USD 13.36 billion in 2023 and is expected to grow at a CAGR of 36.8% from 2024 to 2030. The market growth is attributed to the growing inclination for connected devices across several industry verticals, such as automotive, retail, healthcare, aerospace, defense, building automation, manufacturing, etc. Moreover, the growing significance of real-time data to optimize processes and workflows, identify errors, improve response times, and make data-driven strategies is creating lucrative opportunities for IoT sensors market.
Rapid urbanization across different parts of the world and simultaneous development of smart cities and proliferation of smart homes is positively influencing the IoT sensors market outlook. The popularity of smart homes and buildings is driving demand for sensors that collect data on temperature, humidity, lighting, and occupancy. This data facilitates remote monitoring, automated control, and improved energy efficiency. Besides, increasing demand for connected cars that are powered by IoT sensors for navigation, safety features, and autonomous driving technologies is also creating significant growth avenues for the market.
In addition, factors such as growing fitness consciousness, rising disposable incomes, and increasing consumer demand for smart gadgets are creating significant growth avenues for IoT sensors market. Increasing demand for smartwatches, fitness trackers, and health monitors is stimulating the demand for high-end sensors. Some smartwatches now feature blood oxygen sensors or electrocardiogram (ECG) sensors for advanced health monitoring. These gadgets essentially rely on IoT sensors which further fuels the product demand, accelerating the market expansion.
The growth of IoT sensors market is being further driven by the increasing focus of market players on innovation and technological advancements to develop cutting-edge sensor solutions that can effectively cater to the evolving consumer needs. For instance, in May 2024, Sensirion AG launched SLD3x, a miniature liquid flow sensor platform for drug delivery in subcutaneous processes. This solution has been designed to ensure precise dosing and improved patient care during various subcutaneous therapies. Such developments are expected to boost the market growth in coming years
Global IoT Sensors Market Report Segmentation
This report forecasts and estimates revenue growth at the global, regional, and country levels along with analyzes the latest market trends and opportunities in each one of the sub-segments from 2018 to 2030. For this study, Grand View Research has further segmented the global IoT sensors market report based on type, end use, and region:
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Temperature Sensors
- Motion Sensors
- Light Sensors
- Others
- End Use Outlook (Revenue, USD Million, 2018 - 2030)
- Consumer Electronics
- Wearable Devices
- Automotive & Transportation
- BFSI
- Healthcare
- Retail
- Building Automation
- Oil & Gas
- Agriculture
- Aerospace & Defense
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
U.S.
Canada
- Europe
Germany
UK
France
- Asia Pacific
Japan
China
India
South Korea
Australia
- Latin America
Brazil
Mexico
- Middle East and Africa (MEA)
UAE
Saudi Arabia
South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information analysis
- 1.3.2. Market formulation & data visualization
- 1.3.3. Data validation & publishing
- 1.4. 4 Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. IoT Sensors Market Snapshot
- 2.2. IoT Sensors Market- Segment Snapshot (1/2)
- 2.3. IoT Sensors Market- Segment Snapshot (2/2)
- 2.4. IoT Sensors Market- Competitive Landscape Snapshot
Chapter 3. IoT Sensors Market - Industry Outlook
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity
- 3.3.4. Market Challenges
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's analysis
- 3.4.2. Macroeconomic analysis
Chapter 4. IoT Sensors Market: Type Estimates & Trend Analysis
- 4.1. Type Movement Analysis & Market Share, 2023 & 2030
- 4.2. IoT Sensors Market Estimates & Forecast, By Type (USD Million)
- 4.2.1. Temperature Sensors
- 4.2.2. Motion Sensors
- 4.2.3. Light Sensors
- 4.2.4. Others
Chapter 5. IoT Sensors Market: End Use Estimates & Trend Analysis
- 5.1. End Use Movement Analysis & Market Share, 2023 & 2030
- 5.2. IoT Sensors Market Estimates & Forecast, By End Use (USD Million)
- 5.2.1. Consumer Electronics
- 5.2.2. Wearable Devices
- 5.2.3. Automotive & Transportation
- 5.2.4. BFSI
- 5.2.5. Healthcare
- 5.2.6. Retail
- 5.2.7. Building Automation
- 5.2.8. Oil & Gas
- 5.2.9. Agriculture
- 5.2.10. Aerospace & Defense
- 5.2.11. Others
Chapter 6. Regional Estimates & Trend Analysis
- 6.1. IoT Sensors Market by Region, 2023 & 2030
- 6.2. North America
- 6.2.1. North America IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.3. Canada
- 6.3. Europe
- 6.3.1. Europe IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Germany
- 6.3.3. UK
- 6.3.4. France
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Japan
- 6.4.3. China
- 6.4.4. India
- 6.4.5. South Korea
- 6.4.6. Australia
- 6.5. Latin America
- 6.5.1. Latin America IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.3. Mexico
- 6.6. Middle East & Africa (MEA)
- 6.6.1. MEA IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. UAE
- 6.6.3. Saudi Arabia
- 6.6.4. South Africa
Chapter 7. IoT Sensors Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Participant's Overview
- 7.4. Financial Performance
- 7.5. Product Benchmarking
- 7.6. Company Market Share Analysis, 2023
- 7.7. Company Heat Map Analysis
- 7.8. Strategy Mapping
- 7.8.1. Expansion
- 7.8.2. Merger & Acquisition
- 7.8.3. Collaborations/Partnerships
- 7.8.4. New Product Launches
- 7.9. Company Profiles
- 7.9.1. Texas Instruments
- 7.9.1.1. Participant's Overview
- 7.9.1.2. Financial Performance
- 7.9.1.3. Product Benchmarking
- 7.9.1.4. Recent Developments
- 7.9.2. TE Connectivity Corporation
- 7.9.2.1. Participant's Overview
- 7.9.2.2. Financial Performance
- 7.9.2.3. Product Benchmarking
- 7.9.2.4. Recent Developments
- 7.9.3. STMicroelectronics International N.V.
- 7.9.3.1. Participant's Overview
- 7.9.3.2. Financial Performance
- 7.9.3.3. Product Benchmarking
- 7.9.3.4. Recent Developments
- 7.9.4. NXP Semiconductor N.V.
- 7.9.4.1. Participant's Overview
- 7.9.4.2. Financial Performance
- 7.9.4.3. Product Benchmarking
- 7.9.4.4. Recent Developments
- 7.9.5. Infineon Technologies AG
- 7.9.5.1. Participant's Overview
- 7.9.5.2. Financial Performance
- 7.9.5.3. Product Benchmarking
- 7.9.5.4. Recent Developments
- 7.9.6. Honeywell International Inc.
- 7.9.6.1. Participant's Overview
- 7.9.6.2. Financial Performance
- 7.9.6.3. Product Benchmarking
- 7.9.6.4. Recent Developments
- 7.9.7. Siemens AG
- 7.9.7.1. Participant's Overview
- 7.9.7.2. Financial Performance
- 7.9.7.3. Product Benchmarking
- 7.9.7.4. Recent Developments
- 7.9.8. General Electric
- 7.9.8.1. Participant's Overview
- 7.9.8.2. Financial Performance
- 7.9.8.3. Product Benchmarking
- 7.9.8.4. Recent Developments
- 7.9.9. OMRON Corporation
- 7.9.9.1. Participant's Overview
- 7.9.9.2. Financial Performance
- 7.9.9.3. Product Benchmarking
- 7.9.9.4. Recent Developments
- 7.9.10. Murata Manufacturing Co., Ltd.
- 7.9.10.1. Participant's Overview
- 7.9.10.2. Financial Performance
- 7.9.10.3. Product Benchmarking
- 7.9.10.4. Recent Developments
- 7.9.11. Analog Devices, Inc.
- 7.9.11.1. Participant's Overview
- 7.9.11.2. Financial Performance
- 7.9.11.3. Product Benchmarking
- 7.9.11.4. Recent Developments
- 7.9.12. Robert Bosch GmbH
- 7.9.12.1. Participant's Overview
- 7.9.12.2. Financial Performance
- 7.9.12.3. Product Benchmarking
- 7.9.12.4. Recent Developments
- 7.9.13. Infineon Technologies AG
- 7.9.13.1. Participant's Overview
- 7.9.13.2. Financial Performance
- 7.9.13.3. Product Benchmarking
- 7.9.13.4. Recent Developments
- 7.9.14. Sensirion AG
- 7.9.14.1. Participant's Overview
- 7.9.14.2. Financial Performance
- 7.9.14.3. Product Benchmarking
- 7.9.14.4. Recent Developments
- 7.9.1. Texas Instruments
List of Tables
- Table 1 IoT Sensors Market - Key Market Driver Impact
- Table 2 IoT Sensors Market - Key Market Restraint Impact
- Table 3 IoT Sensors Market Revenue Estimates and Forecast, By Type, 2018 - 2030 (USD Million)
- Table 4 IoT Sensors Market Revenue Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- Table 5 IoT Sensors Market Revenue Estimates and Forecast, By End Use, 2018 - 2030 (USD Million)
- Table 6 Recent Developments & Impact Analysis, By Key Market Participants
- Table 7 Company Heat Map Analysis
- Table 8 Key companies undergoing expansions/divestitures
- Table 9 Key companies involved in mergers & acquisitions
- Table 10 Key companies undergoing collaborations.
- Table 11 Key companies launching new products
List of Tables
- Fig. 1 IoT Sensors Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation and Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Segment Snapshot (1/2)
- Fig. 8 Segment Snapshot (2/2)
- Fig. 9 Competitive Landscape Snapshot
- Fig. 10 IoT Sensors Market Value, 2023 - 2030 (USD Million)
- Fig. 11 IoT Sensors Market- Industry Value Chain Analysis
- Fig. 12 Market Dynamics
- Fig. 13 Key Market Driver Impact
- Fig. 14 Key Market Restraint/Challenges Impact
- Fig. 15 IoT Sensors Market: PORTER's Analysis
- Fig. 16 IoT Sensors Market: PESTEL Analysis
- Fig. 17 IoT Sensors Market, by Type: Key Takeaways
- Fig. 18 IoT Sensors Market, by Type: Market Share, 2023 & 2030
- Fig. 19 Temperature Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 20 Motion Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 21 Light Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 22 Others & Humidity Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 23 IoT Sensors Market, by End Use: Key Takeaways
- Fig. 24 IoT Sensors Market, by End Use: Market Share, 2023 & 2030
- Fig. 25 Consumer Electronics Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 26 Wearable Devices Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 27 Automotive & Transportation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 28 BFSI Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 29 Healthcare Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 30 Retail Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 31 Building Automation Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 32 Oil & Gas Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 33 Agriculture Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 34 Aerospace & Defense Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 35 Others Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 36 IoT Sensors Market by Region, 2023 & 2030, Revenue (USD Million)
- Fig. 37 Regional marketplace: Key takeaways
- Fig. 38 North America IoT Sensors Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 39 U.S. IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 40 Canada IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 41 Europe IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 42 Germany IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 43 UK IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 44 France IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 45 Asia Pacific IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 46 China IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 47 India IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 48 Japan IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 49 South Korea IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 50 Australia IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 51 Latin America IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 52 Brazil IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 53 Mexico IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 54 MEA IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 55 UAE IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 56 Saudi Arabia IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 57 South Africa IoT Sensors Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 58 Key Company Categorization
- Fig. 59 Company Market Positioning
- Fig. 60 Strategic Framework
