Europe IoT Sensor Market Segments and Growth by 2027

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

Europe IoT Sensor Market to 2027 - Analysis and Forecasts by Type (Temperature Sensor, Light Sensor, Pressure Sensor, Chemical Sensor, Motion Sensor, and Others); Connectivity Type (Wired and Wireless); and Application (Consumer Electronics, Building Automation, Healthcare, Automotive, Industrial, Retail, and Others)

  • Report Date : Apr 2019
  • Report Code : TIPRE00003904
  • Category : Electronics and Semiconductor
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 160

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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  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

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 Report Scope

Report Attribute Details
Market size in 2018 US$ 2,304.5 Million
Market Size by 2027 US$ 17,158.7 Million
Global 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 and 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.
  • Naveen Chittaragi
    Naveen Chittaragi
    Associate Vice President,
    Market Research & Consulting

    Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

    Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
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    • Market Size Value / Volume - Global, Regional, Country
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    • Excel Dataset

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    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

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