Global Solar Based Internet of Things (IoT) Market, MIT researchers have designed photovoltaic-powered sensors for the IoT.
Experts predict that by 2025, the number of IoT devices such as sensors that collect real-time data about infrastructure and the climate would have increased to 74 billion globally. However, such sensors currently need batteries that must be replaced regularly, which can be inconvenient for long-term monitoring. Thin-film perovskite cells, which are known for their low cost and durability, were used as energy harvesters on low-cost radio-frequency identification (RFID) tags by the researchers. The sensors could be powered by the cells in both bright sunlight and dimly lit indoor environments. They also discovered that solar power gives the sensors a significant boost in power, allowing for longer data transmission distances and the integration of multiple sensors onto a single RFID tag.
The Temperature sensing segment is projected to have the fastest growth in the Global Solar Based Internet of Things (IoT) Market.
The temperature sensing segment is expected to develop rapidly using a flat surface temperature sensor like the WE710. It is used to take measurements to track solar panel temperature. To provide temperature measurement profiles of the solar panel array, flat surface temperature sensors can be installed on each solar panel or selected representative solar panels. ABB, Analog Devices Inc., Siemens AG, Honeywell International, Texas Instruments, Panasonic Inc., and others are among the leading industry players. Analog devices Inc. manufactures both analog and digital temperature sensors for a variety of applications in industries such as automotive, communication, consumer electronics, medical, and industrial.
In a recent research report by Maximize Market Research, the Solar Based Internet of Things (IoT) Market is expected to surpass US $XX billion by the year 2026, from US $XX billion in 2019.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than XX%, during the tenure of 2020 – 2026.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of white goods in the region, the Value – Chain analysis, and the PORTER’s analysis for the white goods market at a global level.
The study is consolidated on the basis of two major segments and further into sub-segments, Product Type (Crystalline (Monocrystalline and Polycrystalline), Organic Photovoltaic, and Thin-Film Solar), Platform (IoT Data Platforms and GSM Boards), Material Type (Silicon and Others), and Application (Moisture Sensing, Temperature Sensing, Wave Monitoring, Rainfall Measuring, Radiation Screening, and Others), to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key players – Solar Sps., Alta Devices Inc., Voltaic, Inc., Sierra Wireless, Inc., Sunworks, Inc., Mahindra Susten Private Limited, Cypress Semiconductor Corporation, Ascent Solar Technologies, First Solar, MiaSole Hi-Tech Corp., Oxford Photovoltaics, Global Solar, Solar Frontier K.K., Hankey Asia, Xunlight Kunshan, Trony Solar, Next Energy, Solarmer,and others.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Solar Based Internet of Things (IoT) Market.”
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
ManikBaug, Vadgaon Bk,
Sinhagad Road, Pune – 411051,
Maharashtra, India.
+91 9607195908