Europe IoT Sensor Market

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

No. of Pages: 160
Report Code: TIPRE00003904
Category: Electronics and Semiconductor
Europe IoT Sensor Market
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IoT Sensor market in Europe is expected to grow from US$ 2,304.5 Mn in 2018 to US$ 17,158.7 Mn by the year 2027. This represents a CAGR of 24.9% from the year 2019 to 2027.

Continuous development in consumer electronics is fueling the Europe IoT Sensor market. The consumer electronics industry is witnessing immense growth. In the current scenario, various consumer electronic devices are used by consumers across the Europe for a plethora of tasks. Consumer electronic devices such as smartphones, tablets, PCs, music players, etc. have become integral part of consumers' lives. The consumer devices are becoming smarter with the ongoing technological advancements. The AI-enabled applications have stoked the demand for cheaper sensors. The Europe 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 Europe.

The Increasing Adoption of Advanced Technologies is anticipated to fuel the Europe 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 Europe IoT Sensor market.

Germany is anticipated to leads the IoT Sensor market across the Europe region through the forecast period. Germany is the hub of automobiles and automobile components in the European region. The IoT Sensors market is anticipated to furnish in the country in the near future, owing to increase in awareness of advanced technologies among the German mass. This scope is facilitating the Applications to adopt this technology, thereby creating a substantial market for the same at present, which is projecting a positive growth on the IoT Sensors market. It will further propel the growth of manufacturing industry in the country thereby, accelerating the growth of IoT Sensor market in the Germany. This bolster the Europe IoT Sensor market on the forecast period. The figure given below highlights the revenue share of Rest of Europe in the Europe IoT Sensor market in the forecast period:

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


  • France
  • Germany
  • Russia
  • UK
  • Rest of Europe

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

Europe IoT Sensor Market Strategic Insights

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Europe IoT Sensor Market Segmentation Analysis

Europe IoT Sensor Market Report Highlights

Europe IoT Sensor Report Scope

Report Attribute Details
Market size in 2018 US$ 2,304.5 Million
Market Size by 2027 US$ 17,158.7 Million
CAGR (2019 - 2027) 24.9%
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 Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
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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Europe IoT Sensor Market Country and Regional Insights

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Identical Market Reports with other Region/Countries

The List of Companies - Europe IoT Sensor Market

  • <p style="margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;"><strong><span style="color:
  • 1f4e79;">The List of Companies</span></strong></span></p><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">1. Analog Devices, Inc.</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">2. ARM Holdings PLC</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">3. Broadcom, Inc.</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">4. Honeywell International, Inc.</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">5. Infineon Technologies AG</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">6. NXP Semiconductors N.V.</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">7. Omron Corporation</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">8. Robert Bosch Gmbh</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">9. STMicroelectronics N.V.</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">10. Texas Instruments Incorporated</span>
Frequently Asked Questions
How big is the Europe IoT Sensor Market?

The Europe IoT Sensor Market is valued at US$ 2,304.5 Million in 2018, it is projected to reach US$ 17,158.7 Million by 2027.

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

As per our report Europe IoT Sensor Market, the market size is valued at US$ 2,304.5 Million in 2018, projecting it to reach US$ 17,158.7 Million by 2027. This translates to a CAGR of approximately 24.9% during the forecast period.

What segments are covered in this report?

The Europe 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 Europe IoT Sensor Market?

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

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

    The Europe 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 Europe 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 Europe IoT Sensor Market value chain can benefit from the information contained in a comprehensive market report.

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