Rising Opportunities in the Emerging Markets to Boost the Growth of the Bluetooth Sensors Market

Press Release

Bluetooth Sensors Market – Overview

The Bluetooth technology is a high speed low powered wireless technology that has been designed to connect the mobile phones and other portable devices together. This is specified for the use of low power radio communications to link phones, computers and other network devices over short distance without wires. Wireless signals transmitted with Bluetooth sensors covers a short distance without wires. Wireless signals transmitted with Bluetooth covers short distances, typically up to 30 feet (10 meter). It is achieved by embedded low cost transceivers into the devices. It can support on the frequency band of 2045GHz and can support up to 721 KBps along with three voice channels. This frequency band of 2.45 Ghz and can support up to 721 KBps with three voice channels. This frequency band has been set aside by international agreement for the use of industrial, scientific and medical devices that is compatible with three voice channels.

Bluetooth sensors can connect up to 8 devices at a time. Each sensors offers a unique 48 bit address from the IEEE 802 standard with the connections being made point to point or multi point. The manufacturers have developed the family of Bluetooth sensors and actuators of all types such as for temperature, pressure, force, LED, relay, switch monitor and much more.

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Bluetooth Sensors Market – Key Drivers

There are several factors that drive the Bluetooth sensors market. One of the major factor is increasing adoption of the Bluetooth in many of consumer electronics devices. The other factor is the wide application of Bluetooth sensors in the automotive, smart infrastructure and smart cities. Some factors that are hampering the growth of the Bluetooth sensors market are low range of connectivity of Bluetooth sensors. Some of the opportunities in for the Bluetooth sensors market are, increasing applications of Bluetooth sensors in various mobile connecting devices such as earphones, speakers, mic etc.

Bluetooth Sensors Market – Segmentation

The global Bluetooth sensors market is segmented on the basis of application, end-user and region. The Bluetooth sensors market on the basis of applications can be classified into automotive, consumer electronics, healthcare, appcessories and wearable electronics. The consumer electronics segment can be further classified into smartphones, tablets, laptops, PC peripherals, smart TV consoles. The wearable electronics segment can be further segmented into consumer wearable devices and medical wearable devices. Consumer electronics application segment is expected to the largest application segment owing to its high demand for wireless electronic devices worldwide, stimulating the Bluetooth sensors market.

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In the region wise study, the global Bluetooth sensors market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific which comprises China, India, South Korea, Australia and other rising economies captured significant market share followed by North America and Europe in 2016. Asia Pacific showed the fastest growth rate during the forecast period due to the emerging economies. China represents huge potential for the Bluetooth sensor with the low cost of raw materials and huge production facilities in the country. The Asia Pacific region’s dominance is endorsed due to presence of various manufacturers that are increasing production, consumer electronic segments and other applications of Bluetooth devices.

Bluetooth Sensors Market – Key Players

The global bluetooth sensors market is highly fragmented with number of companies operating in the segment. Leading players are currently focusing on providing cost competitive products to the customers. Some of the key players engaged in Bluetooth sensors market include Farsens, Afero, Inc., Texas Instruments Incorporated, Toshiba Corporation, Murata Manufacturing Co., Ltd., Qualcomm Incorporated, Cypress Semiconductor Corporation, Murata Manufacturing Co., Ltd., Renesas Electronics Corporation, Microchip Technology Incorporated, Dialog Semiconductor PLC, Ceva, Inc., Blue Maestro Limited, and among others.