IoT Sensors Market worth $29.6 billion by 2026 - Exclusive Report by MarketsandMarkets™

"Pressure sensor to hold the largest share of the IoT sensors market in 2020" "Pressure sensor to hold the largest share of the IoT sensors market in 2020" The market for pressure sensors is largely driven by increased concerns regarding safety, comfort levels, and reduction in automobile emissions. The regulatory mandates requiring the compulsory installation of onboard diagnostics to reduce greenhouse gas emissions will further lead to growth in demand for pressure sensors. "The...

CHICAGO, 08/03/2021 (informazione.it - comunicati stampa - internet)

The market for pressure sensors is largely driven by increased concerns regarding safety, comfort levels, and reduction in automobile emissions. The regulatory mandates requiring the compulsory installation of onboard diagnostics to reduce greenhouse gas emissions will further lead to growth in demand for pressure sensors.

The key factor fueling the growth of the industrial IoT segment of the IoT sensors market is the requirement to implement predictive maintenance techniques in different industries to monitor the working of industrial equipment to avoid unscheduled downtimes in production cycles. The intelligent wireless sensors constantly monitor parameters of critical processes in industrial environments, thereby leading to the increased operational efficiencies of industries.

IoT Sensors Market

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Countries such as India , China , Japan , South Korea , and Australia are key contributors to the growth and the development of the IoT sensors market in APAC. The growing penetration of the Internet across commercial and residential spaces, along with broadening consumer base, increasing disposable income of the masses, and improving IT infrastructures are some key determinants supplementing the growth of the IoT sensors market in APAC.

Texas Instruments (US), TE Connectivity ( Switzerland ), Broadcom (US), NXP Semiconductors ( Netherlands ), STMicroelectronics ( Switzerland ), Bosch Sensortec ( Germany ), TDK ( Japan ), Infineon Technologies ( Germany ), Analog Devices (US), Omron ( Japan ) are the key players in the market.

Temperature Sensor Market by Product Type (Thermocouples, RTDs, Thermistors, Temperature Sensor ICs, Bimetallic, Infrared, and Fiber Optic Temperature Sensors), Output, End-user Industry, and Region – Global Forecast to 2027

Pressure Sensor Market by Product Type (Absolute, Gauge, Differential, Sealed, and Vacuum), Technology (Piezoresistive, Capacitive, Resonant, Electromagnetic, and Optical), Application, Function, End-User Industry, and Geography - Global Forecast to 2025

 

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