According to our (Global Info Research) latest study, the global Industrial LoRa Modems market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period.
An industrial LoRa (Long-Range) modem is a communication device designed for industrial and commercial applications that utilize the LoRaWAN (Long-Range Wide Area Network) protocol. LoRa technology is known for its long-range, low-power capabilities, making it suitable for various IoT (Internet of Things) and M2M (Machine-to-Machine) applications where reliable, low-power, long-range communication is essential. Industrial LoRa modems act as gateways, bridges, or modems to connect devices and sensors to a LoRaWAN network.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
The Global Info Research report includes an overview of the development of the Industrial LoRa Modems industry chain, the market status of Remote Meter Reading (Frequency < 800Mhz, Frequency ≥ 800Mhz), Industrial Data Collection (Frequency < 800Mhz, Frequency ≥ 800Mhz), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Industrial LoRa Modems.
Regionally, the report analyzes the Industrial LoRa Modems markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Industrial LoRa Modems market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Industrial LoRa Modems market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Industrial LoRa Modems industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Frequency < 800Mhz, Frequency ≥ 800Mhz).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Industrial LoRa Modems market.
Regional Analysis: The report involves examining the Industrial LoRa Modems market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Industrial LoRa Modems market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Industrial LoRa Modems:
Company Analysis: Report covers individual Industrial LoRa Modems manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Industrial LoRa Modems This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Remote Meter Reading, Industrial Data Collection).
Technology Analysis: Report covers specific technologies relevant to Industrial LoRa Modems. It assesses the current state, advancements, and potential future developments in Industrial LoRa Modems areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Industrial LoRa Modems market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Industrial LoRa Modems market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Frequency < 800Mhz
Frequency ≥ 800Mhz
Market segment by Application
Remote Meter Reading
Industrial Data Collection
Home Automation Telemetry
Wireless Data Communication
Access Control System
Others
Major players covered
Semtech
Microchip Technology
Kerlink
Circuit Design, Inc.
Advantech Technology
Radiometrix
Four-Faith
Nemeus
Jinan USR IOT Technology
Chengdu Ebyte Electronic Technology
ICP DAS
REDZ Smart Communication Technologies
NiceRF
ComWinTop
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Industrial LoRa Modems product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Industrial LoRa Modems, with price, sales, revenue and global market share of Industrial LoRa Modems from 2018 to 2023.
Chapter 3, the Industrial LoRa Modems competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial LoRa Modems breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Industrial LoRa Modems market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial LoRa Modems.
Chapter 14 and 15, to describe Industrial LoRa Modems sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Industrial LoRa Modems. Industry analysis & Market Report on Industrial LoRa Modems is a syndicated market report, published as Global Industrial LoRa Modems Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Industrial LoRa Modems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.