Global Battery Free Sensor Market, By Deployment Type (Cloud & On-Premise), By End-User (Healthcare, Retail, and Consumer Electronics), By Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) – Industry Trends and Forecast to 2027.
Global Battery Free Sensor Market
The global battery-free sensors market was valued at USD 35 million in 2021 and is expected to reach USD 270 million in 2027, at a CAGR of 40.57% during the forecast period 2022-2027.
One of the main factors propelling the revenue of the market for battery-free sensors is the demand for energy-efficient and affordable sensor solutions. The dependability and lifespan of battery-free sensors are increased because they don't need to be replaced frequently, which lowers maintenance expenses.
Market Drivers
Growing demand for mobile and portable devices is one of the major factors driving the revenue of the market. The demand for battery-free sensors is driven by the small, lightweight, and low-power sensors of these devices. The market is expanding as a result of the rapid development of IoT, which enables the integration of battery-free sensor systems and the development of intelligent interconnected objects. Their ability to monitor and control remotely, which increases their appeal for various applications, is expected to increase the demand for these sensors. Since battery-free sensors are more energy-efficient than traditional battery-dependent sensors, the market is expanding in response to the growing demand for energy-efficient devices. Battery-free sensors are an attractive option for many applications, due to the need to reduce power consumption and extend device life. Throughout the forecast period, these factors are anticipated to propel market revenue growth.
Market Restraints
The high cost of TETRA (Terra Trunked Radio) systems is one of the main factors limiting the revenue growth of the market. For small and medium-sized enterprises (SMEs), and especially in developing countries, the high costs of TETRA systems can be a significant barrier to their adoption. Another factor hindering the growth of market turnover is the lack of standardization of TETRA technology. In the absence of standards, compatibility issues can arise that can hinder market expansion. The deployment of TETRA systems is limited by a number of technical limitations that may affect their effectiveness. These technical limitations include narrow bandwidth, small coverage area, and interference from other wireless systems.
Market segmentation
The global battery sensor market is categorized into two segments: deployment type and end-user. The deployment type segment is further divided into cloud and on-premise. The end-user segment is segmented into healthcare, retail, and consumer electronics.
Regional analysis
The battery sensor market is categorized into five geographical segments: North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. North America is expected to be a major market for battery-free sensors. The largest markets in the region are the US and Canada due to increasing demand for battery-free sensors in healthcare and industry. Significantly high turnover is expected in Europe in the forecast period. Demand for affordable and reliable sensor technology in healthcare, industry and retail is expected to drive revenues in this region.
Market key players
Various key players are listed in this report such as NXP Semiconductors, STMicroelectronics, TE Connectivity, Proteus Digital Health, Logitech, Cerora, SST Sensing, Thinfilm Electronics, NantHealth, Smartrac, Ximmerse, Flic, EnOcean, Xsensio kaj InnoSenT GmbH.
Market taxonomy
By Deployment Type
• Cloud
• On-Premise
By End-User
• Healthcare
• Retail
• Consumer Electronics
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Battery Sensor Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Battery-Free Sensor Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Battery-Free Sensor Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World supply and Demand Condition
4.2.7 Cumulative Impact of Russia Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Battery-Free Sensor Market, By Deployment Type
5.1 Y-o-Y Growth Comparison, By Deployment Type
5.2 Global Battery-Free Sensor Market Share Analysis, By Deployment Type
5.3 Global Battery-Free Sensor Market Size and Forecast, By Deployment Type
5.3.1 Cloud
5.3.2 On-Premise
6 Global Battery-Free Sensor Market, By End-User
6.1 Y-o-Y Growth Comparison, By End-User
6.2 Global Battery-Free Sensor Market Share Analysis, By End-User
6.3 Global Battery-Free Sensor Market Size and Forecast, By End-User
6.3.1 Healthcare
6.3.2 Retail
6.3.3 Consumer Electronics
6.3.4 Others
7 Global Battery-Free Sensor Market, By Region
7.1 Global Battery-Free Sensor Market Share Analysis, By Region
7.2 Global Battery-Free Sensor Market Size and Forecast, By Region
8 North America Battery-Free Sensor Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Battery-Free Sensor Market Size and Forecast, By Deployment Type
8.3 North America Battery-Free Sensor Market Size and Forecast, By Function
8.4 North America Battery-Free Sensor Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Battery-Free Sensor Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Battery-Free Sensor Market Size and Forecast, By Deployment Type
9.3 Europe Battery-Free Sensor Market Size and Forecast, By End-User
9.4 Europe Battery-Free Sensor Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Battery-Free Sensor Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Battery-Free Sensor Market Size and Forecast, By Deployment Type
10.3 Asia Pacific Battery-Free Sensor Market Size and Forecast, By End-User
10.4 Asia Pacific Battery-Free Sensor Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Battery-Free Sensor Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Battery-Free Sensor Market Size and Forecast, By Deployment Type
11.3 Latin America Battery-Free Sensor Market Size and Forecast, By End-User
11.4 Latin America Battery-Free Sensor Market Size and Forecast, Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Battery-Free Sensor Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Battery-Free Sensor Market Size and Forecast, By Deployment Type
12.3 Middle East Battery-Free Sensor Market Size and Forecast, By End-User
12.4 Middle East Battery-Free Sensor Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 NXP Semiconductors
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. STMicroelectronics
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3.TE Connectivity
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Proteus Digital Health
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Logitech
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Cerora
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 SST Sensing
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Thinfilm Electronics
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 NantHealth
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Smartrac
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
Others
11. Ximmerse
12. Flic
13. EnOcean
14. Xsensio kaj InnoSenT GmbH
