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Battery Free Sensors Market Trends

  • Report ID: GMI7239
  • Published Date: Oct 2023
  • Report Format: PDF

Battery Free Sensors Market Trends

Battery-free sensors have gained significant traction in the healthcare sector. These sensors can be integrated into wearables such as smartwatches, continuous glucose monitors, and patient-tracking devices. By eliminating the need for battery replacements, they enable continuous monitoring sensors of vital signs and chronic conditions. This enhances patient comfort, reduces the burden on healthcare professionals, and provides valuable real-time data for diagnosis & treatment adjustments.
 

In industrial settings, battery-free sensors are revolutionizing the Industrial Internet of Things (IIoT). They play a pivotal role in predictive maintenance sensors, reducing downtime and maintenance costs. Additionally, they are utilized for asset tracking, ensuring efficient supply chain management and enhancing overall operational efficiency in the manufacturing & logistics industries.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market valuation of battery free sensors was worth USD 7.8 billion in 2022 and is estimated to witness 9% CAGR between 2023 and 2032, due to higher usage in IoT frequencies to reduce the need for regular battery replacement or recharging, lowering maintenance expenses and prolonging IoT device lifespan.

The temperature sensors segment recorded over 30% of the battery free sensors industry share in 2022 and will exceed USD 250 million by 2032, driven by rising adoption for data collection.

Battery free sensors market from the high frequency segment is anticipated to record over 10.5% CAGR through 2032, owing to the rising need to reduce maintenance costs and downtime as.

North America held over 35% of the global battery free sensors market share in 2022 driven by the strong focus on technological innovation and IoT adoption in the region.

Battery Free Sensors Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 553
  • Countries covered: 20
  • Pages: 300
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