LoRa Node Module Market Report: Trends, Forecast and Competitive Analysis to 2030

LoRa Node Module Trends and Forecast

The future of the global LoRa node module market looks promising with opportunities in the IoT, smart agriculture, smart city, industrial automation, smart meters, asset tracking, smart home, sensor networks, and M2M markets. The global LoRa node module market is expected to reach an estimated $xxx billion by 2030 with a CAGR of 35.0% from 2024 to 2030. The major drivers for this market are growing prevalence of MTC (machine type communication) devices, growth of IoT, and increasing use of industrial internet applications and smart cities.

A more than 150-page report is developed to help in your business decisions.

LoRa Node Module by Segment

The study includes a forecast for the global LoRa node module by type, application, and region.

LoRa Node Module Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Transparent
• LoRawan Protocol
• Others

LoRa Node Module Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• IoT
• Smart Agriculture
• Smart City
• Industrial Automation
• Smart Meters
• Asset Tracking
• Smart Home
• Sensor Networks
• M2M

LoRa Node Module Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of LoRa Node Module Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies LoRa node module companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the LoRa node module companies profiled in this report include-

• Dapu Telecom Technology
• HOPE Microelectronics
• IMST
• Libelium
• Link Labs
• Lairdtech
• Manthink
• Murata
• Multi-Tech Systems
• Microchip Technology

LoRa Node Module Market Insights

Lucintel forecasts that LoRawan is expected to witness highest growth over the forecast period due to growing application for machine-to-machine (mxm) communication in the internet of things applications.

Within this market, IoT will remain the largest segment due to growing deployment in remote places.

North America is expected to witness highest growth over the forecast perioddue to IoT and adaption of several smart city initiatives in the region.

Features of the Global LoRa Node Module Market

Market Size Estimates: LoRa node module market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: LoRa node module market size by type, application, and region in terms of value ($B).

Regional Analysis: LoRa node module market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the LoRa node module market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the LoRa node module market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the LoRa node module market size?

Answer: The global LoRa node module market is expected to reach an estimated $xxx billion by 2030.

Q.2 What is the growth forecast for LoRa node module market?

Answer: The global LoRa node module market is expected to grow with a CAGR of 35.0% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the LoRa node module market?

Answer: The major drivers for this market are growing prevalence of MTC (machine type communication) devices, growth of IoT, and increasing use of industrial internet applications and smart cities.

Q4. What are the major segments for LoRa node module market?

Answer: The future of the LoRa node module market looks promising with opportunities in the IoT, smart agriculture, smart city, industrial automation, smart meters, asset tracking, smart home, sensor networks, and M2M markets.

Q5. Who are the key LoRa node module market companies?

Answer: Some of the key LoRa node module companies are as follows:

• Dapu Telecom Technology
• HOPE Microelectronics
• IMST
• Libelium
• Link Labs
• Lairdtech
• Manthink
• Murata
• Multi-Tech Systems
• Microchip Technology

Q6. Which LoRa node module market segment will be the largest in future?

Answer: Lucintel forecasts that LoRawan is expected to witness highest growth over the forecast period due to growing application for machine-to-machine (mxm) communication in the internet of things applications.

Q7. In LoRa node module market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast perioddue to IoT and adaption of several smart city initiatives in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the LoRa node module market by type (transparent, LoRawan protocol, and others), application (IoT, smart agriculture, smart city, industrial automation, smart meters, asset tracking, smart home, sensor networks, and M2M), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?