LoRa Chipsets Market by Type (SX127x, XMM 7115, MDM9206, Other), Application (Intelligent Building, Intelligent Water Affairs, Intelligent Agriculture, Intelligent Oilfield, Logistics Tracking, Other), and Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, and Others]).
LoRa Chipsets Market by Type (SX127x, XMM 7115, MDM9206, Other), Application (Intelligent Building, Intelligent Water Affairs, Intelligent Agriculture, Intelligent Oilfield, Logistics Tracking, Other), and Region (North America [The USA, Can...
"The global LoRa chipsets market is projected to grow from USD 675.3 million in 2020 to USD 811.1 million by 2026 at a CAGR of around 27% during the forecast period."
LoRa chip is defined as a radio modulation scheme that is used to manipulate a radio wave to encode information using a chirped, multi-symbol format. It is a wireless data communication technology that is used for long-range communication. It can be categorized as SX127x, XMM 7115, MDM9206, and others.
The growth of LoRa chipsets market is primarily driven by increasing product use in a broad range of applications including buildings, logistics, and oilfields among others. The growing oil & gas industry with a rise in oil & gas extraction activities in the developing countries is likely to drive the growth of the LoRa chipsets market at a significant rate during the review period. In addition to this, increasing demand for highly effective LoRa chipsets is likely to create lucrative opportunities for the players operating in the global market in the coming years.
Segment Analysis
Application Trends
"The intelligent building segment accounted for the largest market share."
By application, the LoRa chipsets market has been bifurcated into intelligent building, intelligent water affairs, intelligent agriculture, intelligent oilfields, logistics tracking, and others. Under these, the intelligent building segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to the increasing focus on the development of smart buildings.
Regional Insights
"North America accounted for the largest market share."
By region, the market in North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to high product usage in the end-use industries coupled with the presence of key market players such as Semtech Corporation (US) and Microchip Technology Inc. (US). The market growth in the Asia-Pacific region is expected to be driven by the increasing adoption of LoRa chipsets in developing countries particularly China and India.
Key players operating in the LoRa Chipsets market are:
Semtech Corporation (US)
Hoperf (China)
Microchip Technology Inc. (US)
Gemtek Ltd. (Taiwan)
STMicroelectronics (Switzerland)
Huawei (China)
Intel Corporation (US)
Qualcomm (US)
Nordic Semiconductor (Norway)
ZTE Corporation (China).
Note: The above list does not necessarily include all the top players of the market.
Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.
What deliverables will you get in this report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth analysis of the LoRa Chipsets Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional and country level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
Research Methodology
This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s LoRa chipsets market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to 3 players)
SWOT analysis of key players (up to 3 players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.
LOADING
LOADING
×
Please enter your contact details. It will allow our analysts to reach out to you.
LoRa chipsets distributors, LoRa chipsets suppliers, LoRa chipsets manufacturers, Logistics organizations, Government bodies are the target audience in the LoRa chipsets market.
