Asia Pacific IoT Sensor Market

Historic Data: 2016-2017   |   Base Year: 2018   |   Forecast Period: 2019-2027

No. of Pages: 164    |    Report Code: TIPRE00003903    |    Category: Electronics and Semiconductor

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Asia Pacific IoT Sensor Market
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IoT Sensor market in APAC is expected to grow from US$ 2,939.2 Mn in 2018 to US$ 23,450.5 Mn by the year 2027. This represents a CAGR of 25.8% from the year 2019 to 2027.



Mounting demand of IoT and connected devices is fueling the APAC IoT Sensor market. Apart from the individuals, businesses across almost all industry verticals have realized the importance of IoT, communications, and sensors, and have therefore, paved way for integration of sensors into the devices. The growth of the market in the various end-user industry verticals is therefore anticipated to rise at a rapid rate in the coming years with IoT gaining more prominence in the coming years. The APAC market for consumer electronics is growing the current scenario, owing to the fact that several semiconductor companies are regularly coming up with advanced technologies which is attracting the industry, thereby driving the IoT Sensor market in APAC.

The rising acceptance of advanced technologies is anticipated to fuel the APAC IoT Sensor market growth. The industrial sector is becoming increasingly entangled with Artificial Intelligence, big data as well as other such technologies. It is predicted that in the near future, automation will not only boost productivity but will also provide an advanced smart assistance to humans. The players are significantly investing in the development of industrial robots integrated with artificial intelligence. The integration of artificial intelligence will further reduce the intervention of humans, which will be beneficial for countries with inadequate and expensive labor force. These initiative by the market player are enhancing the growth of APAC IoT Sensor market.

China is anticipated to leads the IoT Sensor market across the APAC region through the forecast period. China, the manufacturing capital of the world is an important market for IoT sesors. China is racing toward IoT integration to a greater degree than almost any other country in the top 10 economies. Recently, Gemalto, a leading digital security provider collaborated with Alibaba, Chinese e-Commerce giant to provide connectivity and security for YunOS - developed by Alibaba Group, it is a cloud-based, data and services oriented Internet of Things (IoT) operating system, widely integrated into IoT devices, as well as chips and sensors across industries. The economy is flooded by manufacturing and assembly units of some of the major manufacturers of the world. This bolster the APAC IoT Sensor market on the forecast period. The figure given below highlights the revenue share of Rest of APAC in the APAC IoT Sensor market in the forecast period:

Rest of APAC IoT Sensor Market Revenue and Forecasts to 2027 (US$ Bn)

APAC AUTOMOTIVE SEMICONDUCTOR - MARKET SEGMENTATION


By Type


  • Temperature sensor
  • Light Sensor
  • Pressure Sensor
  • Chemical Sensor
  • Motion Sensor
  • Others

By Connectivity Type


  • Wired
  • Wireless

By Application


  • Consumer Electronics
  • Building Automation
  • Healthcare
  • Automotive
  • Industrial
  • Retail
  • Others

By Country


  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

Companies Mentioned


  1. Analog Devices, Inc.
  2. ARM Holdings PLC
  3. Broadcom, Inc.
  4. Honeywell International, Inc.
  5. Infineon Technologies AG
  6. NXP Semiconductors N.V.
  7. Omron Corporation
  8. Robert Bosch Gmbh
  9. STMicroelectronics N.V.
  10. Texas Instruments Incorporated

Asia Pacific IoT Sensor Strategic Insights

Strategic insights for the Asia Pacific IoT Sensor provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

strategic-framework/asia-pacific-iot-sensor-market-strategic-framework.webp
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Asia Pacific IoT Sensor Report Scope

Report Attribute Details
Market size in 2018 US$ 2,939.2 Million
Market Size by 2027 US$ 23,450.5 Million
Global CAGR (2019 - 2027) 25.8%
Historical Data 2016-2017
Forecast period 2019-2027
Segments Covered By Type
  • Temperature Sensor
  • Light Sensor
  • Pressure Sensor
  • Chemical Sensor
  • Motion Sensor
By Connectivity Type
  • Wired
  • Wireless
By Application
  • Consumer Electronics
  • Building Automation
  • Healthcare
  • Automotive
  • Industrial
  • Retail
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Analog Devices, Inc.
  • ARM Holdings PLC
  • Broadcom, Inc.
  • Honeywell International, Inc.
  • Infineon Technologies AG
  • NXP Semiconductors N.V.
  • Omron Corporation
  • Robert Bosch Gmbh
  • STMicroelectronics N.V.
  • Texas Instruments Incorporated
    		•
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    Asia Pacific IoT Sensor Regional Insights

    The geographic scope of the Asia Pacific IoT Sensor refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Identical Market Reports with other Region/Countries

    The List of Companies - Asia Pacific IoT Sensor Market

    The List of Companies

    1. Analog Devices, Inc.
    2. ARM Holdings PLC
    3. Broadcom, Inc.
    4. Honeywell International, Inc.
    5. Infineon Technologies AG
    6. NXP Semiconductors N.V.
    7. Omron Corporation
    8. Robert Bosch Gmbh
    9. STMicroelectronics N.V.
    10. Texas Instruments Incorporated
    Frequently Asked Questions
    How big is the Asia Pacific IoT Sensor Market?

    The Asia Pacific IoT Sensor Market is valued at US$ 2,939.2 Million in 2018, it is projected to reach US$ 23,450.5 Million by 2027.

    What is the CAGR for Asia Pacific IoT Sensor Market by (2019 - 2027)?

    As per our report Asia Pacific IoT Sensor Market, the market size is valued at US$ 2,939.2 Million in 2018, projecting it to reach US$ 23,450.5 Million by 2027. This translates to a CAGR of approximately 25.8% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific IoT Sensor Market report typically cover these key segments-

  • Type (Temperature Sensor, Light Sensor, Pressure Sensor, Chemical Sensor, Motion Sensor)
  • Connectivity Type (Wired, Wireless)
  • Application (Consumer Electronics, Building Automation, Healthcare, Automotive, Industrial, Retail)

    • What is the historic period, base year, and forecast period taken for Asia Pacific IoT Sensor Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific IoT Sensor Market report:

  • Historic Period : 2016-2017
  • Base Year : 2018
  • Forecast Period : 2019-2027
    • Who are the major players in Asia Pacific IoT Sensor Market?

    The Asia Pacific IoT Sensor Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Analog Devices, Inc.
  • ARM Holdings PLC
  • Broadcom, Inc.
  • Honeywell International, Inc.
  • Infineon Technologies AG
  • NXP Semiconductors N.V.
  • Omron Corporation
  • Robert Bosch Gmbh
  • STMicroelectronics N.V.
  • Texas Instruments Incorporated
    • Who should buy this report?

    The Asia Pacific IoT Sensor Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific IoT Sensor Market value chain can benefit from the information contained in a comprehensive market report.

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