Global Battery-free Sensors Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Battery-free Sensors are sensors that provide temperature and strain measurements when interconnected to a smartphone. A gyroscope attached to the ankle is used as a reference for gait monitoring. The rising automation with the growing electronic industry, rapid advancements in sensing technology have led to the adoption of Battery-free Sensors across the forecast period. For Instance: as per the IBEF, The electronic goods export in FY21 was US$ 11.11 billion and for the month of March 2021 it was US$ 1.40 billion. Also, with the supportive government initiatives and funds sanctioned for IoT projects, the adoption & demand for Battery-free Sensors is likely to increase the market growth during the forecast period. However, data security concerns impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Battery-free Sensors market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to the expansion of manufacturing activities. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as ongoing industrialization, growing adoption of predictive maintenance tools, and increasing competitive pressure to achieve operational efficiency would create lucrative growth prospects for the Battery-free Sensors market across Asia-Pacific region.
Major market players included in this report are:
CAEN RFID S.R.L.
INFINEON TECHNOLOGIES AG
METALCRAFT
GA0 GROUP
TEXAS INSTRUMENTS INC.
OMNI-ID
SEMICONDUCTORS
ZEBRA TECHNOLOGIES
ALIEN TECHNOLOGY
IMPINJ
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Frequency:
Low Frequency
High Frequency
Ultra-High Frequency
By Industry:
Automotive
Logistics
Healthcare
Oil & Gas
Food & Beverages
IT & Telecommunication
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Battery-free Sensors Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors