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US IoT Sensors Market (2022-2027) by Sensor Type, Network Technology, End Use, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 176 Pages
  • April 2022
  • Region: United States
  • Infogence Global Research
  • ID: 5585432
UP TO OFF until Sep 30th 2022
The US IoT Sensors Market is estimated to be USD 2.1882 Bn in 2022 and is projected to reach USD 7.56 Bn by 2027, growing at a CAGR of 28.14%.

Market dynamics are forces that impact the prices and behaviors of the US IoT Sensors Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US IoT Sensors Market is segmented based on Sensor Type, Network Technology, End Use.
  • By Sensor Type, the market is classified into Temperature Sensor, Pressure Sensor, Humidity Sensor, Flow Sensor, Accelerometer, Magnetometer, Gyroscope, Inertial Sensor, Image Sensor, Touch Sensor, Proximity Sensor, Acoustic Sensor, Motion Sensor, Occupancy Sensor, CO2 Sensor, and Others.
  • By Network Technology, the market is classified into Wired and Wireless.
  • By End Use, the market is classified into Consumer Electronics, Automotive, Industrial, Healthcare, Food & Beverage, Aerospace & Defense, Transportation, Agriculture, and Others.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are ABB Ltd, AMS AG, Analog Devices, Bosch Sensortec, Broadcom Inc, Emerson Electric, Figaro Engineering Inc, Honeywell International Inc, Infeineon Technologies, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US IoT Sensors Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US IoT Sensors Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US IoT Sensors Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the US IoT Sensors Market

What is the estimated value of the US IoT Sensors Market?

The US IoT Sensors Market was estimated to be valued at $2.19 Billion in 2022.

What is the growth rate of the US IoT Sensors Market?

The growth rate of the US IoT Sensors Market is 28.1%, with an estimated value of $7.56 Billion by 2027.

What is the forecasted size of the US IoT Sensors Market?

The US IoT Sensors Market is estimated to be worth $7.56 Billion by 2027.

Who are the key companies in the US IoT Sensors Market?

Key companies in the US IoT Sensors Market include ABB Ltd, AMS AG, Analog Devices, Bosch Sensortec, Broadcom Inc, Emerson Electric, Figaro Engineering Inc, Honeywell International Inc and Knowles Electronics.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increased Use of Sensors in Iot Applications Due to Cost and Size Reduction and Technological Advancements
4.1.2 High Demand for Connected and Wearables Devices
4.1.3 Introduction of Ipv6 Creating Large Address Space
4.1.4 Importance of Real-Time Computing for IoT Applications
4.2 Restraints
4.2.1 Data Security Concerns
4.3 Opportunities
4.3.1 Supportive Government Initiatives and Funds for IoT Projects
4.3.2 Benefits of Implementation of Predictive Maintenance Programs for IoT Applications
4.3.3 Emergence of Requirements of Cross-Domain Collaborations
4.3.4 High Adoption of IoT by Small- and Medium-Sized Busine
4.4 Challenges
4.4.1 Shortage of Technical Know-How for Using IoT Devices
4.4.2 High Power Consumption by Connected Devices
4.4.3 High Latency and Limited Bandwidth Issues
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US IoT Sensors Market, By Sensor Type
6.1 Introduction
6.2 Temperature Sensor
6.3 Pressure Sensor
6.4 Humidity Sensor
6.5 Flow Sensor
6.6 Accelerometer
6.7 Magnetometer
6.8 Gyroscope
6.9 Inertial Sensor
6.10 Image Sensor
6.11 Touch Sensor
6.12 Proximity Sensor
6.13 Acoustic Sensor
6.14 Motion Sensor
6.15 Occupancy Sensor
6.16 CO2 Sensor
6.17 Others
7 US IoT Sensors Market, By Network Technology
7.1 Introduction
7.2 Wired
7.2.1 KNX
7.2.2 LonWorks
7.2.3 Ethernet
7.2.4 MODBUS
7.2.5 DALI
7.3 Wireless
7.3.1 Wi-Fi
7.3.2 Bluetooth Bluetooth Smart Bluetooth Smart / Ant+ Bluetooth 5
7.3.3 ZigBee
7.3.4 Z-Wave
7.3.5 NFC
7.3.6 RFID
7.3.7 Others
8 US IoT Sensors Market, By End Use
8.1 Introduction
8.2 Consumer Electronics
8.3 Automotive
8.4 Industrial
8.5 Healthcare
8.6 Food & Beverage
8.7 Aerospace & Defense
8.8 Transportation
8.9 Agriculture
8.10 Others
9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Strategic Initiatives
9.3.1 M&A and Investments
9.3.2 Partnerships and Collaborations
9.3.3 Product Developments and Improvements
10 Company Profiles
10.1 ABB Ltd
10.2 AMS AG
10.3 Analog Devices
10.4 Bosch Sensortec
10.5 Broadcom Inc
10.6 Emerson Electric
10.7 Figaro Engineering Inc
10.8 Honeywell International Inc
10.9 Infeineon Technologies
10.10 Knowles Electronics
10.11 Murata Manufacturing
10.12 NXP Semiconductors
10.13 OMRON Corp
10.14 Sensata Technologies
10.15 Sensirion
10.16 Siemens AG
10.17 STMicroelectronics
10.18 TDK (Invensense)
10.19 TE Connection
10.20 Texas Instruments
10.21 Teledyne Technologies Inc
11 Appendix
11.1 Questionnaire

Companies Mentioned

  • ABB Ltd
  • AMS AG
  • Analog Devices
  • Bosch Sensortec
  • Broadcom Inc
  • Emerson Electric
  • Figaro Engineering Inc
  • Honeywell International Inc
  • Infeineon Technologies
  • Knowles Electronics
  • Murata Manufacturing
  • NXP Semiconductors
  • OMRON Corp
  • Sensata Technologies
  • Sensirion
  • Siemens AG
  • STMicroelectronics
  • TDK (Invensense)
  • TE Connection
  • Texas Instruments
  • Teledyne Technologies Inc