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(Transportation-News.com, December 09, 2017 ) According to Publisher, The Global Sensors for the Internet of Things Market is accounted for $10.6 billion in 2016 and expected to grow at a CAGR of 35.1% to reach $87.34 billion by 2023. The factors driving the market are lower power and longer battery life requirements; IOT applications will create new product categories, sensor multiplicity and integrated sensor developments, supportive government initiatives, market for smart devices and wearables and need for real-time computing of applications. Increasing number of connected devices and rising adoption of IOT across small and medium businesses has broadened the scope for manufacturers. On the other hand, concerns regarding security and privacy, and lack of standardization are inhibiting the market growth.
For more information about this report: http://www.reportsweb.com/sensors-for-the-internet-of-things-global-market-outlook-2017-2023
The wireless network technology held the largest share in technology market due to the availability of cloud platforms & low installation and maintenance cost compared to wired devices. Consumer electronics represents a major share to the global market due to demand for smartphones, smart TV, and smart home appliances sets. Image Sensor CMOS will grow significantly during the forecast period because CMOS technology is increasingly being used in cameras. Gyroscopes and inertial sensors are witnessing increasing demand mostly due to applications as a navigation aid to calculate the position, orientation and velocity of vehicles such as ships, aircraft and drones.
Asia Pacific is expected to grow at the highest rate during the forecast period because Governments of the various developing economies such China, India, and South Korea are collaborating with numerous public and private centers for its data and IoT center developments. North America followed by Europe is projected to be the largest market.
Some of the key players in global Sensors for the Internet of Things market are Digi International Inc, Libelium, InvenSense Inc, Ericsson, ARM Holdings Plc, Honeywell International Inc., IBM, STMicroelectronics N.V, Robert Bosch GmbH, Infineon Technologies, Broadcom Limited (Avago), Analog Devices, Inc., Omron Corporation, Sensirion AG and Texas Instruments Incorporated.
Sensors Types Covered:
-Accelerometer
-Acoustic Sensor
-Chemical Sensors
-Mass Flow Sensor
-Gyroscope
-Humidity Sensor
-Image Sensor CMOS
-Inertial Sensor
-Magnetometer
-Pressure Sensor
-Proximity Sensor
-Temperature Sensor
-Touch Sensor
-CO2 Sensor
-Motion Sensor
-Occupancy Sensor
-Intelligent Occupancy Sensors (IOS)
-Image Processing Occupancy Sensors (IPOS)
-Other Sensors
-Radar Sensor
-Light Sensor
Technologies Covered:
-Wireless Network Technology
-Bluetooth
-Wi-Fi
-Zigbee
-Z-Wave
-NFC
-RFID
-Enocean
-Thread
-6lowpan
-Process Field Bus (Profibus)
-Dect-Ule
-Wireless-Hart (Whart)
-Wired Network Technology
-Digital Addressable Lighting Interface (DALI)
-Ethernet
-Modbus
-Knx
-Lonworks
-Other Technologies
-GPS
-Cellular
-Sub-Gig
-ISA 100
-ANT+
Applications Covered:
-Agriculture And Farming
-Automotive
-Environmental Impact Assessment
-Home Automation
-Healthcare
-Industrial Controls
-Logistics and Retailing
-Security and Emergency
-Water and Waste Management
-Utility Metering
-Smart City Application
-Wearable Electronics Application
-Transportation
-Consumer Electronics
-Corporate Offices
-Entertainment
-Other Applications
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Solutions Covered:
-Software
-Application Security
-Data Management
-Location Analytics
-Network Bandwidth Management
-Network Security
-Real-Time Streaming Analytics
-Remote Monitoring System
-Hardware
-Consumer Appliances
-Consumer Devices
-Energy Management
-Fire Protection Systems
-Heating Ventilation and Air-Conditioning Systems (HVAC)
-Lighting Control Systems
-Security & Access Control Systems
-Wearable Devices
-Eyewear
-Footwear
-Bodywear
Regions Covered:
-North America
-US
-Canada
-Mexico
-Europe
-Germany
-UK
-Italy
-France
-Spain
-Rest of Europe
-Asia Pacific
-Japan
-China
-India
-Australia
-New Zealand
-South Korea
-Rest of Asia Pacific
-South America
-Argentina
-Brazil
-Chile
-Rest of South America
-Middle East & Africa
-Saudi Arabia
-UAE
-Qatar
-South Africa
-Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Company Profiling
11.1 Digi International Inc
11.2 Libelium
11.3 InvenSense Inc
11.4 Ericsson
11.5 ARM Holdings Plc
11.6 Honeywell International Inc.
11.7 IBM
11.8 STMicroelectronics N.V
11.9 Robert Bosch GmbH
11.10 Infineon Technologies
11.11 Broadcom Limited (Avago)
11.12 Analog Devices, Inc.
11.13 Omron Corporation
11.14 Sensirion AG
11.15 Texas Instruments Incorporated
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Rajat Sahni
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Source: EmailWire.Com 
Source: EmailWire.com
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