IoT Sensors Market by Consumer IoT worth 38.41 Billion USD by 2022

According to the new market research report "IoT Sensors Market by Type (Pressure, Temperature, Humidity, Magnetometer, Accelerometer, Gyroscope, Inertial, Image), Network Technology (Wired & Wireless), Vertical (Consumer IoT, Commercial IoT, Industrial IoT), and Region - Global Forecast to 2022", the IoT sensors market is expected to reach USD 38.41 Billion by 2022, growing at a CAGR of 42.08% between 2016 and 2022. The major factors driving the growth of the IoT sensors market include development of cheaper, smarter, and smaller sensors, growing market for smart devices and wearables, need for real-time computing of applications, increase in demand for IoT sensors in various applications, supportive government initiatives, deployment of IPv6, and role of sensor fusion concept in IoT sensors market.

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Browse 70 market data Tables and 91 Figures spread through 247 Pages and in-depth TOC on "IoT Sensors Market - Global Forecast to 2022"

 
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“IoT sensors market for consumer IoT vertical expected to grow rapidly during the forecast period”

According to the research report, the consumer IoT vertical has been segmented into home automation, smart city, and wearable electronics. Home automation includes consumer devices (smart TVs, home theater projectors, next-gen game console, and set-top boxes) and consumer appliances (washing machine, refrigerator, oven, dishwasher, and robot vacuum cleaner). Smart appliances, also known as intelligent appliances, have the ability to measure and control their energy usage and communicate the same with homeowners and utilities departments. Additionally, the major factors driving the wearable devices market for IoT sensors include the growing popularity of IoT and the increasing adoption of smart watches and activity trackers in the consumer markets.

“Pressure sensor market to hold major share between 2016 and 2022”

The market for pressure sensors is expected to hold major share during the forecast period. This is mainly because their wide usage in a variety of application including medical applications, smart cities, wearable, environmental monitoring devices, remote sensing, industrial automation, air speed, air sampling, and leak detection. Various applications of industrial automation, transportation, healthcare, and consumer electronics need constant tracking and analyzing which is mostly done with the help of pressure sensors.

“APAC expected to grow at the highest rate during the forecast period”

Sensors are increasingly being demanded in APAC owing to the growing demand for automotive and increasing focus of the region towards IoT platform. In this study, the APAC market has been divided into India, China, Japan, South Korea, Australia, and Rest of APAC. Asia-Pacific is a major market for various sectors such as consumer electronic devices and appliances, automobiles, and healthcare among others. Moreover, the Asia-Pacific region is one of the potential markets for the industrial and consumer IoT verticals as countries such as China, India, and Australia among others are actively trying to strengthen the IoT platform.

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Major companies involved in the development of IoT sensors include Texas Instruments Incorporated (U.S.), STMicroelectronics N.V. (Switzerland), TE Connectivity, Inc. (Switzerland), NXP Semiconductors N.V. (Netherlands), Broadcom Limited (U.S.), Robert Bosch GmbH (Germany), InvenSense, Inc. (U.S.), Infineon Technologies (Germany), ARM Holdings Plc. (U.K.), Omron Corporation (Japan), Sensirion AG (Switzerland), Analog Devices, Inc. (U.S.), SmartThings, Inc. (U.S.), and KONUX Inc. (Germany) among others.

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement 

Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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“Increase in asymmetric warfare and replacement of legacy systems with advanced combat systems are the key factors driving the active protection system market”

The report provides an analysis of the active protection system market over the next six years. It discusses industry and technology trends that are prevailing in the market, and analyses the factors that are driving and restraining the growth of this market as well as the challenges faced by it.

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The active protection system market is projected to grow from USD 2.84 billion in 2016 to USD 4.15 billion by 2022, at a CAGR of 6.50% from 2016 to 2022. The growing demand for safety from highly maneuverable weapon systems is expected to be the key driver for the growth of the active protection system market during the forecast period.

Based on platform, the land segment dominated the active protection system market in 2016. Active protection systems mounted on a land-based platform are equipped with both, hard kill as well soft kill capabilities. These systems are tough and rugged, and provide high detection probability for small and large targets in all weather conditions.

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Based on kill system type, the hard kill system segment is projected to grow at the highest CAGR during the forecast period. This high growth can be attributed to the increased demand for hard kill systems that can detect as well as neutralize various types of incoming threat. These systems provide a 360-degree protection against modern missiles/projectiles. For instance, in 2016, the U.K.‘s Defence Science and Technology Laboratory (Dstl) awarded a contract worth USD 8.07 million to QinetiQ (U.K.) for the assessment of active protection systems (APS) for armored vehicles.

Europe is expected to be one of the largest markets for active protection system in the future. Active protection systems are expected to drive military operations, as they protect personnel from direct fire, thus leading to a decline in casualties. The importance of troop safety and enhancing the kill power of a warfare platform have driven major manufacturers and service providers in the region to develop techno-efficient combat systems and unmanned systems with active protection system. 

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The active protection system market in the Asia-Pacific region is projected to grow at the highest CAGR during the forecast period, followed by North America and the Middle East. There is an increase in demand for active protection systems by militaries in the Asia-Pacific region, due to equipment upgradation and continuous technology advancement programs.

IoT Sensors worth 38.41 Billion USD Market

According to the new market research report "IoT Sensors Market by Type (Pressure, Temperature, Humidity, Magnetometer, Accelerometer, Gyroscope, Inertial, Image), Network Technology (Wired & Wireless), Vertical (Consumer IoT, Commercial IoT, Industrial IoT), and Region - Global Forecast to 2022", the IoT sensors market is expected to reach USD 38.41 Billion by 2022, growing at a CAGR of 42.08% between 2016 and 2022. The major factors driving the growth of the IoT sensors market include development of cheaper, smarter, and smaller sensors, growing market for smart devices and wearables, need for real-time computing of applications, increase in demand for IoT sensors in various applications, supportive government initiatives, deployment of IPv6, and role of sensor fusion concept in IoT sensors market.

Browse 70 market data Tables and 91 Figures spread through 247 Pages and in-depth TOC on "IoT Sensors Market - Global Forecast to 2022"
http://www.marketsandmarkets.com/Market-Reports/sensors-iot-market-26520972.html

“IoT sensors market for consumer IoT vertical expected to grow rapidly during the forecast period”

According to the research report, the consumer IoT vertical has been segmented into home automation, smart city, and wearable electronics. Home automation includes consumer devices (smart TVs, home theater projectors, next-gen game console, and set-top boxes) and consumer appliances (washing machine, refrigerator, oven, dishwasher, and robot vacuum cleaner). Smart appliances, also known as intelligent appliances, have the ability to measure and control their energy usage and communicate the same with homeowners and utilities departments. Additionally, the major factors driving the wearable devices market for IoT sensors include the growing popularity of IoT and the increasing adoption of smart watches and activity trackers in the consumer markets.

“Pressure sensor market to hold major share between 2016 and 2022”

The market for pressure sensors is expected to hold major share during the forecast period. This is mainly because their wide usage in a variety of application including medical applications, smart cities, wearable, environmental monitoring devices, remote sensing, industrial automation, air speed, air sampling, and leak detection. Various applications of industrial automation, transportation, healthcare, and consumer electronics need constant tracking and analyzing which is mostly done with the help of pressure sensors.

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Major companies involved in the development of IoT sensors include Texas Instruments Incorporated (U.S.), STMicroelectronics N.V. (Switzerland), TE Connectivity, Inc. (Switzerland), NXP Semiconductors N.V. (Netherlands), Broadcom Limited (U.S.), Robert Bosch GmbH (Germany), InvenSense, Inc. (U.S.), Infineon Technologies (Germany), ARM Holdings Plc. (U.K.), Omron Corporation (Japan), Sensirion AG (Switzerland), Analog Devices, Inc. (U.S.), SmartThings, Inc. (U.S.), and KONUX Inc. (Germany) among others.

“APAC expected to grow at the highest rate during the forecast period”

Sensors are increasingly being demanded in APAC owing to the growing demand for automotive and increasing focus of the region towards IoT platform. In this study, the APAC market has been divided into India, China, Japan, South Korea, Australia, and Rest of APAC. Asia-Pacific is a major market for various sectors such as consumer electronic devices and appliances, automobiles, and healthcare among others. Moreover, the Asia-Pacific region is one of the potential markets for the industrial and consumer IoT verticals as countries such as China, India, and Australia among others are actively trying to strengthen the IoT platform.

3D Sensors worth 5.46 Billion USD Market Research Study

According to the new market research report "3D Sensors Market by Type (Image, Position, Accelerometer, Acoustic), Technology (Stereo Vision, Structured Light, Time-of-Flight, Ultrasound), Application, and Geography - Global Trend & Forecast to 2022".

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The 3D sensors market is expected to reach USD 5.46 Billion by 2022, at a CAGR of 26.5% between 2016 and 2022. The major factors driving the growth of the 3D sensors market include the rising demand for 3D enabled devices in consumer electronics, integration of the optical and electronic components, the use of sensing technology in gaming applications, and the growing requirement for security & surveillance systems.

The major companies that develop 3D sensors include ASUSTeK Computer Inc. (Taiwan), Cognex Corporation (U.S.), Infineon Technologies AG (Germany),  Intel Corporation (U.S.), IFM Electronic GmbH (Germany), LMI Technologies, Inc. (Canada), Microchip Technology Inc. (U.S.), Microsoft Corporation (U.S.), Occipital, Inc. (U.S.), OmniVision Technologies, Inc. (U.S.), PMD Technologies AG (Germany), Qualcomm Technologies, Inc. (U.S.), and SoftKinetic (Belgium).

Browse 72 market data Tables and 95 Figures spread through 219 Pages and in-depth TOC on "3D Sensors Market - Global Trend & Forecast to 2022"
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“Time-of-flight to hold a major share of the overall 3D sensors market during the forecast period”

The 3D sensors market for the time-of-flight technology is expected to grow at the highest rate during the forecast period. The main factor driving the growth of this market is the time of flight sensors that provides much higher frame rate compared to other sensor technologies. However, they provide a lower z-resolution (approximately 1 to 2 cm) compared to other 3D sensors. The features such as compactness and ease of use along with high accuracy and frame rate have helped this market grow.

“Consumer electronics application to exhibit highest growth rate by 2022”

The market for the consumer electronics application is expected to grow at the highest rate during the forecast period. This is mainly because of the high adoption rate of 3D sensors in consumer electronics. The presence of additional features such as virtual reality and motion detection in the gaming sector has boosted the growth of this market. Continuous product development with innovation in consumer electronics has increased the demand for 3D sensors.

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“North America to be the largest market for 3D sensors during the forecast period”

3D sensors are increasingly being adopted in North America, owing to the growing demand for effective and efficient processing in terms of three-dimensional imaging. Increasing focus of companies to implement 3D sensors in various applications and ongoing research & development have enabled the growth of the North American 3D sensors market. The implementation of 3D sensors helps in improving the understanding and the working process in various applications such as healthcare, aerospace and defense and automotive, where in-depth knowledge is of utmost importance.

Armored Vehicles Market worth 31.26 Billion USD by 2021

The report "Armored Vehicles Market by Application (Defense, Commercial), Defense Products (MBT, LPV, AAV, MRAP, IFV, APC, Others), Commercial Products (SUV, Sedan, Limousine, Bus/Van, Others), Technology (Active, Passive), Type, & Region - Global Forecast to 2021", The armored vehicles market is estimated to reach USD 31.26 Billion by 2021, at a CAGR of 5.6% from 2016 to 2021. This growth can be attributed to the increasing incidences of armed conflicts, violence, and terrorism, which are driving the demand for armored vehicles, among defense and commercial end users, globally.

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Browse 84 market data Tables and 102 Figures spread through 183 Pages and in-depth TOC on "Armored Vehicles Market - Global Forecast to 2021"

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“Commercial segment dominates the armored vehicles market, among applications”

The global armored vehicles market is dominated by the commercial application segment, as of 2016, and is expected to continue its dominance till 2021. This dominance can be attributed to the rising incidences of civil unrest, political disputes, and terrorism that have driven governments, embassies, VIPs, and banks to procure more advanced and reliable armored vehicles for protection.

“The SUV segment to grow the highest during the forecast period”

The armored vehicles market has been segmented and analyzed in terms of product, namely, SUV, Sedan, Limousine, Bus/Van, among others. The global market is dominated by the SUV segment and this segment is also projected to grow at the highest CAGR during the forecast period, primarily driven by the increasing use of armored SUVs by government and embassy officials, VIPs, and in cash-in-transit applications, globally.

“Asia-Pacific and the Middle East to be the opportunistic markets for armored vehicles industry”

The Middle East and Asia-Pacific are expected to drive the growth of the global armored vehicles market in the coming years, with the Asia-Pacific market projected to grow at the highest CAGR during the forecast period, 2016 to 2021. This rapid growth of the Asia-Pacific market can be attributed to the increasing research and development activities undertaken in the region for the development of advanced and hybrid designs of armored vehicles for enhanced border and maritime patrolling or ISR functions, increasing military expenditures and military modernization programs of major economies of the region, and rising demand for light or medium-sized armored vehicles for patrolling operations, primarily owing to rising threats of cross-border terrorism.

The major players in the armored vehicles market have been identified as General Dynamics Corporation (U.S.), BAE Systems, Plc. (U.K.), Lockheed Martin (U.S.), and Elbit Systems (Israel), among others.

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The report segments and analyzes the armored vehicles market on the basis of application (Defense, Commercial), Product (Defense-Main Battle Tank, Light Protected Vehicles, Amphibious Armored Vehicles, Mine-resistant Ambush Protected, Infantry Fighting Vehicles, Armored Personnel Carriers, Others; Commercial- SUV, Sedan, Limousine, Bus/Van, Others) Type (Wheeled, Tracked, Others),), Technology (Active, Passive), & Region and maps these segments and subsegments across the top defense-spending countries of the world, including the U.S., China, Russia, Germany, France, India, Japan, and so on.

About MarketsandMarkets

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com