Global Battery Free Sensors Market
Global Battery Free Sensors Market, By Frequency (Low Frequency, High Frequency, Ultra High Frequency), By Sensor Type (Temperature Sensors, Humidity/Moisture Sensors, Pressure Sensors, Motion And Position Sensors, Light Sensors, Other Sensors), By Application (Food Quality Monitoring, Supply Chain Management, Condition Monitoring, Building Automation, Data Centers), By End User (Automotive, Logistics, Healthcare, Oil & Gas, Food & Beverages, IT And Telecommunications, Others), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2021-2027
- Published Date: October 2021
- Report ID: BWC21116
- Available Format: PDF
- Page: 150
Report Overview
Global battery-free sensors market is flourishing at a high rate because of the driving factors such as growing adoption of battery-free sensors in the IoT applications along with its use in medical and consumer electronic products such as wearables.
Global Battery-free Sensors Market- Industry Trends & Forecast Report 2027
Global battery-free sensors market is estimated to reach USD 43.1 million in 2021 and is further projected to reach USD 132.1 million by the year 2027, growing at a CAGR of 20.6% in the forecast period. As the market grows rapidly, several key factors are driving the market, including the growing use of battery-free sensors in IoT applications and wearable electronics as medical technology. Furthermore, technological advancements and the development of small and compact devices will likely boost the global battery-free sensors market in the forecast period.
Source: BlueWeave Consulting
Global Battery-free Sensors Market- Overview
Battery-free sensors are widely used for measuring temperature, gauge distance, detect smoke, regulate pressure, etc. Having battery-free sensors proves to be an asset to many industries. For instance, in the logistics industry, battery-free sensors make it possible to keep track of inventory more effectively, reducing the risk of inventory loss during transport. These sensors are powered through electromagnetic waves, which they receive from powered devices they are connected to, rather than by an external power supply. As opposed to devices powered by batteries, these sensors have very low power requirements because they can convert waves into energy to power themselves.
Global Battery-free Sensors Market Forecast and Trends
Growth Drivers
Increasing Use of the IoT in Industrial Applications
The Internet of Things and battery-free sensors are widely used by manufacturing and supply chain companies. It is one of the major driving factors for the global battery-free sensors market. With the constant development of miniature IoT sensors, the manufacturers of the goods are equipping the products with these sensors to track them when they leave the production houses and warehouses. The sensors can also offer AI-assisted ordering, allowing consumers, manufacturers, and retailers to estimate demand and supply accurately. This has led to a rise in the demand for battery-free sensors.
Growing Use of Battery-Free Sensors in Medical Devices
The growing use of battery-free sensors in medical devices is emerging as a significant growth factor for the global battery-free sensors market. Battery-free sensors help implantable medical device manufacturers to make their devices more compact in size. The immune system is less likely to be harmed by this. The fact that electromagnetic waves power battery-free sensors also means that the chances of medical devices running out of batteries are completely nil, which can cause severe complications in certain devices, such as pacemakers.
Restraints
Data Security Threats in IoT Devices
The battery-free data sensors in IoT devices collect enormous amounts of data, transfer it, and store it in connected devices, mainly smartphones. The data is also vulnerable to hacking and malware, and spyware attacks. Thus, battery-free sensors have a limited adoption rate. Several crucial business decisions are made based on the data collected by battery-free sensors. Therefore, data theft could adversely affect the market if security measures do not completely protect the IoT infrastructure.
Impact of COVID-19 on the Global Battery-free Sensors Market
The unprecedented outbreak of the COVID-19 has significantly halted the operations of several industries, such as manufacturing and production, automotive, oil and gas, etc. The economic crisis brought on by a global pandemic is predicted to impact the industry long-term. As a result of this situation, the global market for battery-free sensors has stagnated. Because supply chains were temporarily interrupted during COVID-19, and imports and exports were fully suspended due to the virus's proliferation, demand for battery-free sensors plummeted substantially, causing the market to shrink.
Global Battery-free Sensors Market - By Frequency
Based on frequency, the global battery-free sensors market is segmented into low frequency, high frequency, and ultra-high frequency. Among these segments, the ultra-high frequency segment holds the largest market share as they are capable of reaching a wider range as compared to other frequency types. Furthermore, ultra-high frequency prevents lost or missing connections, which could potentially delay operations. Thus, they are widely used for industrial purposes, especially in manufacturing. The prominent use of ultra-high frequency in medical devices, smartphones, wearables, etc., also fuels its market growth.
Global Battery-free Sensors Market - By Sensor Type
Based on sensor types, the global battery-free sensors market is categorized into temperature sensors, humidity/moisture sensors, pressure sensors, motion and position sensors, light sensors, and other sensors. Temperature sensors have the largest market share among these segments. They are widely used in industries such as oil & gas, food & beverage, automotive, etc., to monitor and track specific temperatures for articles or commodities. An example of this is the RFM3200 wireless battery-free temperature sensor. The flexible sensor can be used in a wide range of applications to measure the temperature of materials and the environment. Typical applications include monitoring environmental temperatures, observing data center chillers, monitoring bulk materials, as well as cold chain monitoring at major shipping centers
Global Battery-free Sensors Market - Regional Insights
Geographically, the global battery-free sensors market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Europe accounts for the largest market share among these regions, with the highest adoption of IoT technologies for various purposes. Increasing purchasing power and ease of access to these technologies are major factors driving the market in European countries. On the other hand, the Asia-Pacific region also holds a substantial share in the battery-free sensors market. The region is expected to witness the highest CAGR during the forecast period due to the flourishing industrialization.
Source: BlueWeave Consulting
Competitive Landscape
The leading players in the global battery-free sensors market are ON Semiconductor, Farsens, Axzon, Inductosense, BVM Medical Limited, Phase IV Engineering, Powercast, Distech Controls, EnOcean, DCO Systems, Everactive, Texas Instruments, Inc., Omni-ID, Identiv, General Elective, Zebra Technologies, Fuji Electric Co. Ltd., Metal Craft, Gao Group, and other prominent players.
The market is highly fragmented, with several companies offering advanced battery-free sensors technologies. These companies focus on product approvals and launch through R&D activities with advanced technologies and innovations. Furthermore, the adoption of competitive strategies like partnerships, mergers, acquisitions, collaborations, etc., is also very prominent in the market.
Recent Developments
- In July 2021, SoftBank Group Corp.’s Vision Fund announced the investment of USD 200 million in Wiliot, Inc., a semiconductor company, focused on gathering data for manufacturing and logistics using battery-free, stamp-sized sensor tags.
- In June 2021, Everactive, Inc., a US-based IoT startup, announced the creation of battery-free sensors to handle low-intensity IoT tasks, which can eliminate the need for batteries or power cables.
Scope of the Report
Attributes | Details |
Years Considered | Historical data – 2021-2027 |
Base Year – 2021 | |
Forecast – 2021 – 2027 | |
Facts Covered | Revenue in USD Million |
Market Coverage | U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia |
Product Service/Segmentation | By Frequency, By Sensor Type, By Application, By End User, By Region |
Key Players | ON Semiconductor, Farsens, Axzon, Inductosense, BVM Medical Limited, Phase IV Engineering, Powercast, Distech Controls, EnOcean, DCO Systems, Everactive, Texas Instruments, Inc., Omni-ID, Identiv, General Elective, Zebra Technologies, Fuji Electric Co. Ltd., Metal Craft, Gao Group, and other prominent players. |
By Frequency
- Low Frequency
- High Frequency
- Ultra-High Frequency
By Sensor Type
- Temperature Sensors
- Humidity/Moisture Sensors
- Pressure Sensors
- Motion And Position Sensors
- Light Sensors
- Other Sensors
- Image Sensors
- Ultrasonic Sensors
- Vibration Sensors
By Application
- Food Quality Monitoring
- Supply Chain Management
- Condition Monitoring
- Building Automation
- Data Centers
By End User
- Automotive
- Logistics
- Healthcare
- Oil & Gas
- Food & Beverages
- IT & Telecommunications
- Others
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Research Framework
- Research Objective
- Product Overview
- Key Market Segments
- Research Methodology
- Qualitative Research
- Methodology
- Regional Split of Primary & Secondary Research
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Breakdown of Primary Research Respondents, By Industry Participants
- Market Size Estimation
- Assumptions for the Study
- Market Breakdown & Data Triangulation
- Executive Summary
- Industry Insight and Growth Strategy
- Value Chain Analysis
- DROC Analysis
- Market Drivers
- Expanding Use of IoT In Industrial Applications
- Growing Use of Battery-Free Sensors in Medical Devices
- Market Restraints
- Threats to Data Security in IoT Devices
- Market Challenges
- Negative Influence of the COVID-19
- Market Opportunity
- Technological Advancements in The Battery-Free Sensors
- Growing Application of Battery-Free Sensors in Supply Chain Management
- Market Drivers
- Recent Developments
- Porter’s Five Forces Analysis
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Intensity of Rivalry
- Threat of New Entrants
- Threat of Substitutes
- Global Battery-free Sensors Market Overview
- Market Size & Forecast by Value, 2021-2027
- Market Size and Forecast, By Segment
- By Frequency
- Low Frequency
- High Frequency
- Ultra-High Frequency
- By Sensor Type
- Temperature Sensors
- Humidity/Moisture Sensors
- Pressure Sensors
- Motion and Position Sensors
- Light Sensors
- Other Sensors
- Image Sensors
- Ultrasonic Sensors
- Vibration Sensors
- By Application
- Food Quality Monitoring
- Supply Chain Management
- Condition Monitoring
- Building Automation
- Data Centers
- By End User
- Automotive
- Logistics
- Healthcare
- Oil & Gas
- Food & Beverages
- IT and Telecommunications
- Others
- By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- By Frequency
- North America Battery-free Sensors Market Overview
- Market Size and Forecast
- By Value (USD Million), 2021-2027
- Market Share and Forecast
- By Frequency
- By Sensor Type
- By Application
- By End User
- By Country
- U.S.
- Canada
- Market Size and Forecast
- Europe Battery-free Sensors Market Overview
- Market Size and Forecast
- By Value (USD Million), 2021-2027
- Market Share and Forecast
- By Frequency
- By Sensor Type
- By Application
- By End User
- By Country
- Germany
- U.K.
- Russia
- France
- Italy
- Spain
- Rest of Europe
- Market Size and Forecast
- APAC Battery-free Sensors Market Overview
- Market Size and Forecast
- By Value (USD Million), 2021-2027
- Market Share and Forecast
- By Frequency
- By Sensor Type
- By Application
- By End User
- By Country
- China
- India
- Japan
- South Korea
- Rest of APAC
- Market Size and Forecast
- LATAM Battery-free Sensors Market Overview
- Market Size and Forecast
- By Value (USD Million), 2021-2027
- Market Share and Forecast
- By Frequency
- By Sensor Type
- By Application
- By End User
- By Country
- Mexico
- Brazil
- Rest of LATAM
- Market Size and Forecast
- MEA Battery-free Sensors Market Overview
- Market Size and Forecast
- By Value (USD Million), 2021-2027
- Market Share and Forecast
- By Frequency
- By Sensor Type
- By Application
- By End User
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- Market Size and Forecast
- Competitive Landscape
- List of Key Players and Their Offerings
- Market Share Analysis (2021)
- Competitive Benchmarking by Operating Parameters
- Impact of COVID-19 on Global Battery-free Sensors Market
- Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
- ON Semiconductor
- Farsens
- Axzon
- Inductosense
- BVM Medical Limited
- Phase IV Engineering
- Powercast
- Distech Controls
- EnOcean
- DCO Systems
- Everactive
- Texas Instruments, Inc.
- Omni-ID
- Identive
- General Elective
- Zebra Technologies
- Fuji Electric Co. Ltd.
- Metal Craft
- Gao Group
- Other Prominent Players
- Key Strategic Recommendations
List of Figures
Figure 1: Global Battery-free Sensors Market Segmentation
Figure 2: Global Battery-free Sensors Market Value Chain Analysis,
Figure 3: Company Market Share Analysis, 2021
Figure 4: Global Battery-free Sensors Market Size, By Value (USD Million), 2021-2027
Figure 5: Global Battery-free Sensors Market Share (%), By Frequency, By Value, 2021-2027
Figure 6: Global Battery-free Sensors Market Share (%), By Sensor Type, By Value, 2021-2027
Figure 7: Global Battery-free Sensors Market Share (%), By Application, By Value, 2021-2027
Figure 8: Global Battery-free Sensors Market Share (%), By End User, By Value, 2021-2027
Figure 9: Global Battery-free Sensors Market Share (%), By Region, By Value, 2021-2027
Figure 10: North America Battery-free Sensors Market Size, By Value (USD Million), 2021-2027
Figure 11: North America Battery-free Sensors Market Share (%), By Frequency, By Value, 2021-2027
Figure 12: North America Battery-free Sensors Market Share (%), By Sensor Type, By Value, 2021-2027
Figure 13: North America Battery-free Sensors Market Share (%), By Application, By Value, 2021-2027
Figure 14: North America Battery-free Sensors Market Share (%), By End User, By Value, 2021-2027
Figure 15: North America Battery-free Sensors Market Share (%), By Country, By Value, 2021-2027
Figure 16: Europe Battery-free Sensors Market Size, By Value (USD Million), 2021-2027
Figure 17: Europe Battery-free Sensors Market Share (%), By Frequency, By Value, 2021-2027
Figure 18: Europe Battery-free Sensors Market Share (%), By Sensor Type, By Value, 2021-2027
Figure 19: Europe Battery-free Sensors Market Share (%), By Application, By Value, 2021-2027
Figure 20: Europe Battery-free Sensors Market Share (%), by End User, By Value, 2021-2027
Figure 21: Europe Battery-free Sensors Market Share (%), By Country, By Value, 2021-2027
Figure 22: Asia-Pacific Battery-free Sensors Market Size, By Value (USD Million), 2021-2027
Figure 23: Asia-Pacific Battery-free Sensors Market Share (%), By Frequency, By Value, 2021-2027
Figure 24: Asia-Pacific Battery-free Sensors Market Share (%), By Sensor Type, By Value, 2021-2027
Figure 25: Asia-Pacific Battery-free Sensors Market Share (%), By Application, By Value, 2021-2027
Figure 26: Asia-Pacific Battery-free Sensors Market Share (%), By End User, By Value, 2021-2027
Figure 27: Asia-Pacific Battery-free Sensors Market Share (%), By Country, By Value, 2021-2027
Figure 28: Latin America Battery-free Sensors Market Size, By Value (USD Million), 2021-2027
Figure 29: Latin America Battery-free Sensors Market Share (%), By Frequency, By Value, 2021-2027
Figure 30: Latin America Battery-free Sensors Market Share (%), By Sensor Type, By Value, 2021-2027
Figure 31: Latin America Battery-free Sensors Market Share (%), By Application, By Value, 2021-2027
Figure 32: Latin America Battery-free Sensors Market Share (%), By End User, By Value, 2021-2027
Figure 33: Latin America Battery-free Sensors Market Share (%), By Country, By Value, 2021-2027
Figure 34: Middle East & Africa Battery-free Sensors Market Size, By Value (USD Million), 2021-2027
Figure 35: Middle East & Africa Battery-free Sensors Market Share (%), By Frequency, By Value, 2021-2027
Figure 36: Middle East & Africa Battery-free Sensors Market Share (%), By Sensor Type, By Value, 2021-2027
Figure 37: Middle East & Africa Battery-free Sensors Market Share (%), By Application, By Value, 2021-2027
Figure 38: Middle East & Africa Battery-free Sensors Market Share (%), By End User, By Value, 2021-2027
Figure 39: Middle East & Africa Battery-free Sensors Market Share (%), By Region, By Value, 2021-2027
List of Tables
Table 1: Global Battery-free Sensors Market Size, By Frequency, By Value, 2021-2027
Table 2: Global Battery-free Sensors Market Size, By Sensor Type, By Value (USD Million), 2021-2027
Table 3: Global Battery-free Sensors Market Size, By Application, By Value (USD Million), 2021-2027
Table 4: Global Battery-free Sensors Market Size, By End User, By Value (USD Million), 2021-2027
Table 5: Global Battery-free Sensors Market Size, By Region, By Value (USD Million), 2021-2027
Table 6: North America Battery-free Sensors Market Size, By Frequency, By Value (USD Million), 2021-2027
Table 7: North America Battery-free Sensors Market Size, By Sensor Type, By Value (USD Million), 2021-2027
Table 8: North America Battery-free Sensors Market Size, By Application, By Value (USD Million), 2021-2027
Table 9: North America Battery-free Sensors Market Size, By End User, By Value (USD Million), 2021-2027,
Table 10: Europe Battery-free Sensors Market Size, By Frequency, By Value (USD Million), 2021-2027
Table 11: Europe Battery-free Sensors Market Size, By Sensor Type, By Value (USD Million), 2021-2027
Table 12: Europe Battery-free Sensors Market Size, By Application, By Value (USD Million), 2021-2027
Table 13: Europe Battery-free Sensors Market Size, By End User, By Value (USD Million), 2021-2027
Table 14: the Asia-Pacific Battery-free Sensors Market Size, By Frequency, By Value (USD Million), 2021-2027
Table 15: the Asia-Pacific Battery-free Sensors Market Size, By Sensor Type, By Value (USD Million), 2021-2027
Table 16: the Asia-Pacific Battery-free Sensors Market Size, By Application, By Value (USD Million), 2021-2027
Table 17: the Asia-Pacific Battery-free Sensors Market Size, By End User, By Value (USD Million), 2021-2027
Table 18: Latin America Battery-free Sensors Market Size, By Frequency, By Value (USD Million), 2021-2027
Table 19: Latin America Battery-free Sensors Market Size, By Sensor Type, By Value (USD Million), 2021-2027
Table 20: Latin America Battery-free Sensors Market Size, By Application, By Value (USD Million), 2021-2027
Table 21: Latin America Battery-free Sensors Market Size, By End User, By Value (USD Million), 2021-2027
Table 22: The Middle-East & Africa Battery-free Sensors Market Size, By Frequency, By Value (USD Million), 2021-2027
Table 23: The Middle-East & Africa Battery-free Sensors Market Size, By Sensor Type, By Value (USD Million), 2021-2027
Table 24: The Middle-East & Africa Battery-free Sensors Market Size, By Application, By Value (USD Million), 2021-2027
Table 25: The Middle-East & Africa Battery-free Sensors Market Size, By End User, By Value (USD Million), 2021-2027
Table 26: ON Semiconductor Financial Analysis
Table 27: ON Semiconductor Business Overview
Table 28: Farsens Financial Analysis
Table 29: Farsens Business Overview
Table 30: Axzon Corporation Financial Analysis
Table 31: Axzon Corporation Business Overview
Table 32: Inductosense Financial Analysis
Table 33: Inductosense Business Overview
Table 34: BVM Medical Limited Financial Analysis
Table 35: BVM Medical Limited Business Overview
Table 36: Phase IV Engineering Financial Analysis
Table 37: Phase IV Engineering Business Overview
Table 38: Powercast Financial Analysis
Table 39: Powercast Business Overview
Table 40: Distech Controls Financial Analysis
Table 41: Distech Controls Business Overview
Table 42: EnOcean Financial Analysis
Table 43: EnOcean Business Overview
Table 44: DCO Systems Financial Analysis
Table 45: DCO Systems Business Overview
Table 46: Everactive Financial Analysis
Table 47: Everactive Financial Analysis
Table 48: Texas Instruments, Inc. Financial Analysis
Table 49: Texas Instruments, Inc. Business Overview
Table 50: Omni-ID Financial Analysis
Table 51: Omni-ID Business Overview
Table 52: Identive Financial Analysis
Table 53: Identive Business Overview
Table 54: General Elective Financial Analysis
Table 55: General Elective Business Overview
Table 56: Zebra Technologies Financial Analysis
Table 57: Zebra Technologies Business Overview
Table 58: Fuji Electric Co. Ltd. Financial Analysis
Table 59: Fuji Electric Co. Ltd. Business Overview
Table 60: Metal Craft Financial Analysis
Table 61: Metal Craft Business Overview
Table 62: Gao Group Financial Analysis
Table 63: Gao Group Business Overview
Market Segmentation
By Frequency
- Low Frequency
- High Frequency
- Ultra-High Frequency
By Sensor Type
- Temperature Sensors
- Humidity/Moisture Sensors
- Pressure Sensors
- Motion And Position Sensors
- Light Sensors
- Other Sensors
- Image Sensors
- Ultrasonic Sensors
- Vibration Sensors
By Application
- Food Quality Monitoring
- Supply Chain Management
- Condition Monitoring
- Building Automation
- Data Centers
By End User
- Automotive
- Logistics
- Healthcare
- Oil & Gas
- Food & Beverages
- IT & Telecommunications
- Others
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
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