IoT Sensors for Smart Buildings Market, Global Outlook and Forecast 2025-2032

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IoT Sensors for Smart Buildings Market, Global Outlook and Forecast 2025-2032

The IoT Sensors for Smart Buildings Market was valued at US$ 3.6 billion in 2024 and is projected to reach US$ 6.2 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 8.4% during the forecast period (2025-2032).

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IoT Sensors for Smart Buildings Market Overview

As of 2022, the number of connected IoT devices worldwide reached approximately 14 billion.

This marks an 18% increase compared to 2021, indicating rapid global IoT adoption.

We have surveyed the IoT Sensors for Smart Buildings manufacturers, suppliers, distributors, and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks

IoT Sensors for Smart Buildings Key Market Trends  :

Rapid Adoption of 5G Infrastructure-The global expansion of 5G networks, especially in China, is accelerating IoT device deployment in smart buildings with improved connectivity and lower latency.

Surge in Smart City Projects-Governments worldwide are investing in smart city initiatives, boosting demand for IoT-enabled building automation, safety, and energy efficiency.

Increasing Demand for Energy Management-Smart buildings are increasingly using IoT sensors to monitor energy consumption and optimize HVAC, lighting, and water usage in real time.

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IoT Sensors for Smart Buildings Market Regional Analysis :

North America:

Strong demand driven by EVs, 5G infrastructure, and renewable energy, with the U.S. leading the market.

Europe:

Growth fueled by automotive electrification, renewable energy, and strong regulatory support, with Germany as a key player.

Asia-Pacific:

Dominates the market due to large-scale manufacturing in China and Japan, with growing demand from EVs, 5G, and semiconductors.

South America:

Emerging market, driven by renewable energy and EV adoption, with Brazil leading growth.

Middle East & Africa:

Gradual growth, mainly due to investments in renewable energy and EV infrastructure, with Saudi Arabia and UAE as key contributors.

Total Market by Segment:

Global IoT Sensors for Smart Buildings market, by Type, 2020-2025, 2026-2031 ($ millions) & (K Units)Global IoT Sensors for Smart Buildings market segment percentages, by Type, 2024 (%)

Temperature Sensors

Humidity Sensors

Occupancy Sensors

Air Quality Sensors

Smoke Sensors

Water Leak Sensors

Others

Global IoT Sensors for Smart Buildings market, by Application, 2020-2025, 2026-2031 ($ Millions) & (K Units)Global IoT Sensors for Smart Buildings market segment percentages, by Application, 2024 (%)

Residential Buildings

Non-residential Buildings

Further, the report presents profiles of competitors in the market, key players include:

SensMax

WATTECO

First Sensor

ELSYS

MESSUNG

Scenariio

Browan

KoolZone

Signify

Schneider Electric

Honeywell

FAQs<?

Q1: What are the key driving factors and opportunities in the IoT Sensors for Smart Buildings market?

A1: Energy efficiency demand, smart city projects, and 5G adoption are key drivers. Opportunities lie in retrofitting buildings and expanding in developing regions.

Q2: Which region is projected to have the largest market share?

A2: Asia-Pacific, especially China, is expected to dominate due to large-scale 5G rollout and rapid smart infrastructure development.

Q3: Who are the top players in the global IoT Sensors for Smart Buildings market?

A3: Leading companies include Honeywell, Siemens, Schneider Electric, Johnson Controls, and Bosch.

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About Semiconductor Insight:

Established in 2016, Semiconductor Insight specializes in providing comprehensive semiconductor industry research and analysis to support businesses in making well-informed decisions within this dynamic and fast-paced sector. From the beginning, we have been committed to delivering in-depth semiconductor market research, identifying key trends, opportunities, and challenges shaping the global semiconductor industry.

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