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LoRa Node Module Trends and Forecast
The future of the global LoRa node module market looks promising with opportunities in the IoT, smart agriculture, smart city, industrial automation, smart meters, asset tracking, smart home, sensor networks, and M2M markets. The global LoRa node module market is expected to reach an estimated $xxx billion by 2030 with a CAGR of 35.0% from 2024 to 2030. The major drivers for this market are growing prevalence of MTC (machine type communication) devices, growth of IoT, and increasing use of industrial internet applications and smart cities.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
LoRa Node Module by Segment
The study includes a forecast for the global LoRa node module by type, application, and region.
LoRa Node Module Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Transparent
• LoRawan Protocol
• Others
LoRa Node Module Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• IoT
• Smart Agriculture
• Smart City
• Industrial Automation
• Smart Meters
• Asset Tracking
• Smart Home
• Sensor Networks
• M2M
LoRa Node Module Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of LoRa Node Module Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies LoRa node module companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the LoRa node module companies profiled in this report include-
• Dapu Telecom Technology
• HOPE Microelectronics
• IMST
• Libelium
• Link Labs
• Lairdtech
• Manthink
• Murata
• Multi-Tech Systems
• Microchip Technology
LoRa Node Module Market Insights
Lucintel forecasts that LoRawan is expected to witness highest growth over the forecast period due to growing application for machine-to-machine (mxm) communication in the internet of things applications.
Within this market, IoT will remain the largest segment due to growing deployment in remote places.
North America is expected to witness highest growth over the forecast perioddue to IoT and adaption of several smart city initiatives in the region.
Features of the Global LoRa Node Module Market
Market Size Estimates: LoRa node module market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: LoRa node module market size by type, application, and region in terms of value ($B).
Regional Analysis: LoRa node module market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the LoRa node module market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the LoRa node module market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the LoRa node module market size?
Answer: The global LoRa node module market is expected to reach an estimated $xxx billion by 2030.
Q.2 What is the growth forecast for LoRa node module market?
Answer: The global LoRa node module market is expected to grow with a CAGR of 35.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the LoRa node module market?
Answer: The major drivers for this market are growing prevalence of MTC (machine type communication) devices, growth of IoT, and increasing use of industrial internet applications and smart cities.
Q4. What are the major segments for LoRa node module market?
Answer: The future of the LoRa node module market looks promising with opportunities in the IoT, smart agriculture, smart city, industrial automation, smart meters, asset tracking, smart home, sensor networks, and M2M markets.
Q5. Who are the key LoRa node module market companies?
Answer: Some of the key LoRa node module companies are as follows:
• Dapu Telecom Technology
• HOPE Microelectronics
• IMST
• Libelium
• Link Labs
• Lairdtech
• Manthink
• Murata
• Multi-Tech Systems
• Microchip Technology
Q6. Which LoRa node module market segment will be the largest in future?
Answer: Lucintel forecasts that LoRawan is expected to witness highest growth over the forecast period due to growing application for machine-to-machine (mxm) communication in the internet of things applications.
Q7. In LoRa node module market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast perioddue to IoT and adaption of several smart city initiatives in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the LoRa node module market by type (transparent, LoRawan protocol, and others), application (IoT, smart agriculture, smart city, industrial automation, smart meters, asset tracking, smart home, sensor networks, and M2M), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Lora Node Module Market, Lora Node Module Market Size, Lora Node Module Market Growth, Lora Node Module Market Analysis, Lora Node Module Market Report, Lora Node Module Market Share, Lora Node Module Market Trends, Lora Node Module Market Forecast, Lora Node Module Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global LoRa Node Module Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global LoRa Node Module Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global LoRa Node Module Market by Type
3.3.1: Transparent
3.3.2: LoRaWAN Protocol
3.3.3: Others
3.4: Global LoRa Node Module Market by Application
3.4.1: IoT
3.4.2: Smart Agriculture
3.4.3: Smart City
3.4.4: Industrial Automation
3.4.5: Smart Meters
3.4.6: Asset Tracking
3.4.7: Smart Home
3.4.8: Sensor Networks
3.4.9: M2M
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global LoRa Node Module Market by Region
4.2: North American LoRa Node Module Market
4.2.2: North American LoRa Node Module Market by Application: IoT, Smart Agriculture, Smart City, Industrial Automation, Smart Meters, Asset Tracking, Smart Home, Sensor Networks, and M2M
4.3: European LoRa Node Module Market
4.3.1: European LoRa Node Module Market by Type: Transparent, LoRaWAN Protocol, and Others
4.3.2: European LoRa Node Module Market by Application: IoT, Smart Agriculture, Smart City, Industrial Automation, Smart Meters, Asset Tracking, Smart Home, Sensor Networks, and M2M
4.4: APAC LoRa Node Module Market
4.4.1: APAC LoRa Node Module Market by Type: Transparent, LoRaWAN Protocol, and Others
4.4.2: APAC LoRa Node Module Market by Application: IoT, Smart Agriculture, Smart City, Industrial Automation, Smart Meters, Asset Tracking, Smart Home, Sensor Networks, and M2M
4.5: ROW LoRa Node Module Market
4.5.1: ROW LoRa Node Module Market by Type: Transparent, LoRaWAN Protocol, and Others
4.5.2: ROW LoRa Node Module Market by Application: IoT, Smart Agriculture, Smart City, Industrial Automation, Smart Meters, Asset Tracking, Smart Home, Sensor Networks, and M2M
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global LoRa Node Module Market by Type
6.1.2: Growth Opportunities for the Global LoRa Node Module Market by Application
6.1.3: Growth Opportunities for the Global LoRa Node Module Market by Region
6.2: Emerging Trends in the Global LoRa Node Module Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global LoRa Node Module Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global LoRa Node Module Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Dapu Telecom Technology
7.2: HOPE MicroElectronics
7.3: IMST
7.4: Libelium
7.5: Link Labs
7.6: LairdTech
7.7: Manthink
7.8: Murata
7.9: Multi-Tech Systems
7.10: Microchip Technology
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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