The LoRa Chipsets Market size was valued at USD 211.35 Million in 2023 and the total LoRa Chipsets revenue is expected to grow at a CAGR of 27.10% from 2024 to 2030, reaching nearly USD 1131.75 Million. The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.Global LoRa chipsets market Definition
LoRa stands for long range. It is a low power wide area network (LPWAN) protocol and is developed by Semtech Corporation. It is basically a wireless communication technology that offers secure data transmission, low power and long range for Internet of Thing and Machine to Machine applications.To know about the Research Methodology :- Request Free Sample ReportGlobal LoRa chipsets market Dynamics
A surge in the adoption of LoRa chipset or module in wireless communication solutions to address rising demands of end-devices, such as low infrastructure cost, low-power for battery operation, and long range connectivity is major driving factor behind the growth of the market. Growing market for Internet of Things technology, rising demand of low power sensor applications, increasing significance of LoRa chipsets in applications such as smart homes and building, smart industrial and many other smart automation applications and growing projects related with smart cities across the developing companies are expected to improve the growth of the market during the forecast period.However, various technological challenges related with LoRa chipsets are the major restarting factor that could hamper the growth of the market.Global LoRa Chipsets Market: Market Overview
The global LoRa chipset market has been seeing ample growth from past few years. The growing demand for LoRa chipsets in M2M and IoT applications owing to its benefits such as long range, high capacity, long battery life, efficient and secured network and interference immunity is impelling the growth of the market. LoRa chipsets are widely used to connect gateways, sensors, machines, people, animals, devices, etc. wirelessly to the cloud or IoT solutions. LoRa chipset technology operates in a wide range of frequency bands in different regions, in Asia Pacific region it operates in the 865 to 867 MHz, 920 to 923 MHz band, in Europe it operates in the 868 MHz band and in the United States it operates in the 915 MHz band. Thus, growing market for wireless communication technology across these regions is further propelling the growth of the market. In addition, increasing market strategies by the leading LoRa chipset manufacturing companies such as Semtech Corporation is expected to propel growth of the market across the globe. For instance, • In July 2018, Semtech Corporation, a world leading supplier of high performance mixed-signal and analog semiconductors, announced that Ahoy Systems, an India based OEM and electronic design house for several smart city devices, integrated Semtech’s LoRa devices and LoRa Technology into its smart street-lighting products.Global LoRa Chipsets Market: Regional Analysis
Region-wise, North America dominated the market in 2023 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. The US and Canada are the major contributors behind the growth of the market in the region. The growth is attributed to the growing adoption rate of smart homes, smart agriculture, intelligent building, and many other automation technologies. A rising number of smart cities across the US, growing technological advancements in wireless communication technology, rising demand for low power battery operated devices, growing market for industrial automation and presence of the Semtech company who invented LoRa modules or technology are driving the growth of the market in NA region. However, Asia Pacific is projected to witness high growth at a CAGR of XX% during the forecast period. Countries such as India, China, South Korea and Japan are likely to contribute in the growth of the market. An increasing adoption of high end devices such as Smartphone’s, rising need for long range connectivity, growing market for telecommunication industry across the region and rising investments in smart city related projects along with adoption of smart homes are expected to improve growth of the market in APAC region. The objective of the report is to present a comprehensive analysis of the Global LoRa Chipsets Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Market dynamics, structure by analyzing the market segments and projects the Global Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global LoRa Chipsets Market make the report investor’s guide.Scope of Global LoRa Chipsets Market: Inquire before buying
LoRa Chipsets Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 211.35 Mn. Forecast Period 2024 to 2030 CAGR: 27.10% Market Size in 2030: USD 1131.75 Mn. Segments Covered: by Industry Healthcare and Pharmaceuticals Media and Advertising Agriculture Intelligent Building Logistics & Shipping Energy & Utilities Asset Tracking Others Global LoRa Chipsets Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Global LoRa Chipsets Market, Key Players
1. Semtech Corporation 2. Microchip Technology Inc 3. Murata Manufacturing Co., Ltd 4. Hoperf 5. Gemtek 6. STMicroelectronics 7. Qualcomm 8. Huawei 9. Nordic 10. NB-IoT 11. Intel 12. ZTE 13. Mouser Electronics 14. Zhejiang Reallin Electron Co.,Ltd 15. RAJGURU ELECTRONICS 16. AvnetFrequently Asked Questions:
1. Which region has the largest share in Global LoRa Chipsets Market? Ans: North America region held the highest share in 2023. 2. What is the growth rate of Global LoRa Chipsets Market? Ans: The Global LoRa Chipsets Market is growing at a CAGR of 27.10% during forecasting period 2024-2030. 3. What is scope of the Global LoRa Chipsets Market report? Ans: Global LoRa Chipsets Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global LoRa Chipsets Market? Ans: The important key players in the Global LoRa Chipsets Market are – Semtech Corporation, Microchip Technology Inc, Murata Manufacturing Co., Ltd, Hoperf, Gemtek, STMicroelectronics, Qualcomm, Huawei, Nordic, NB-IoT, Intel, ZTE, Mouser Electronics, Zhejiang Reallin Electron Co.,Ltd, RAJGURU ELECTRONICS, and Avnet. 5. What is the study period of this Market? Ans: The Global LoRa Chipsets Market is studied from 2023 to 2030.
Global LoRa Chipsets Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global LoRa Chipsets Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global LoRa Chipsets Market Analysis and Forecast 6.1. LoRa Chipsets Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global LoRa Chipsets Market Analysis and Forecast, By Industry 7.1. Introduction and Definition 7.2. Key Findings 7.3. LoRa Chipsets Market Value Share Analysis, By Industry 7.4. LoRa Chipsets Market Size (US$ Bn) Forecast, By Industry 7.5. LoRa Chipsets Market Analysis, By Industry 7.6. LoRa Chipsets Market Attractiveness Analysis, By Industry 8. Global LoRa Chipsets Market Analysis, by Region 8.1. LoRa Chipsets Market Value Share Analysis, by Region 8.2. LoRa Chipsets Market Size (US$ Bn) Forecast, by Region 8.3. LoRa Chipsets Market Attractiveness Analysis, by Region 9. North America LoRa Chipsets Market Analysis 9.1. Key Findings 9.2. North America LoRa Chipsets Market Overview 9.3. North America LoRa Chipsets Market Value Share Analysis, By Industry 9.4. North America LoRa Chipsets Market Forecast, By Industry 9.4.1. Healthcare and Pharmaceuticals 9.4.2. Media and Advertising 9.4.3. Agriculture 9.4.4. Intelligent Building 9.4.5. Logistics & Shipping 9.4.6. Energy & Utilities 9.4.7. Asset Tracking 9.4.8. Others 9.5. North America LoRa Chipsets Market Value Share Analysis, by Country 9.6. North America LoRa Chipsets Market Forecast, by Country 9.6.1. U.S. 9.6.2. Canada 9.7. North America LoRa Chipsets Market Analysis, by Country 9.8. U.S. LoRa Chipsets Market Forecast, By Industry 9.8.1. Healthcare and Pharmaceuticals 9.8.2. Media and Advertising 9.8.3. Agriculture 9.8.4. Intelligent Building 9.8.5. Logistics & Shipping 9.8.6. Energy & Utilities 9.8.7. Asset Tracking 9.8.8. Others 9.9. Canada LoRa Chipsets Market Forecast, By Industry 9.9.1. Healthcare and Pharmaceuticals 9.9.2. Media and Advertising 9.9.3. Agriculture 9.9.4. Intelligent Building 9.9.5. Logistics & Shipping 9.9.6. Energy & Utilities 9.9.7. Asset Tracking 9.9.8. Others 9.10. North America LoRa Chipsets Market Attractiveness Analysis 9.10.1. By Industry 9.11. PEST Analysis 9.12. Key Trends 9.13. Key Developments 10. Europe LoRa Chipsets Market Analysis 10.1. Key Findings 10.2. Europe LoRa Chipsets Market Overview 10.3. Europe LoRa Chipsets Market Value Share Analysis, By Industry 10.4. Europe LoRa Chipsets Market Forecast, By Industry 10.4.1. Healthcare and Pharmaceuticals 10.4.2. Media and Advertising 10.4.3. Agriculture 10.4.4. Intelligent Building 10.4.5. Logistics & Shipping 10.4.6. Energy & Utilities 10.4.7. Asset Tracking 10.4.8. Others 10.5. Europe LoRa Chipsets Market Value Share Analysis, by Country 10.6. Europe LoRa Chipsets Market Forecast, by Country 10.6.1. Germany 10.6.2. U.K. 10.6.3. France 10.6.4. Italy 10.6.5. Spain 10.6.6. Norway 10.6.7. Russia 10.6.8. Rest of Europe 10.7. Europe LoRa Chipsets Market Analysis, by Country 10.8. Germany LoRa Chipsets Market Forecast, By Industry 10.8.1. Healthcare and Pharmaceuticals 10.8.2. Media and Advertising 10.8.3. Agriculture 10.8.4. Intelligent Building 10.8.5. Logistics & Shipping 10.8.6. Energy & Utilities 10.8.7. Asset Tracking 10.8.8. Others 10.9. U.K. LoRa Chipsets Market Forecast, By Industry 10.9.1. Healthcare and Pharmaceuticals 10.9.2. Media and Advertising 10.9.3. Agriculture 10.9.4. Intelligent Building 10.9.5. Logistics & Shipping 10.9.6. Energy & Utilities 10.9.7. Asset Tracking 10.9.8. Others 10.10. France LoRa Chipsets Market Forecast, By Industry 10.10.1. Healthcare and Pharmaceuticals 10.10.2. Media and Advertising 10.10.3. Agriculture 10.10.4. Intelligent Building 10.10.5. Logistics & Shipping 10.10.6. Energy & Utilities 10.10.7. Asset Tracking 10.10.8. Others 10.11. Italy LoRa Chipsets Market Forecast, By Industry 10.11.1. Healthcare and Pharmaceuticals 10.11.2. Media and Advertising 10.11.3. Agriculture 10.11.4. Intelligent Building 10.11.5. Logistics & Shipping 10.11.6. Energy & Utilities 10.11.7. Asset Tracking 10.11.8. Others 10.12. Spain LoRa Chipsets Market Forecast, By Industry 10.12.1. Healthcare and Pharmaceuticals 10.12.2. Media and Advertising 10.12.3. Agriculture 10.12.4. Intelligent Building 10.12.5. Logistics & Shipping 10.12.6. Energy & Utilities 10.12.7. Asset Tracking 10.12.8. Others 10.13. Norway LoRa Chipsets Market Forecast, By Industry 10.13.1. Healthcare and Pharmaceuticals 10.13.2. Media and Advertising 10.13.3. Agriculture 10.13.4. Intelligent Building 10.13.5. Logistics & Shipping 10.13.6. Energy & Utilities 10.13.7. Asset Tracking 10.13.8. Others 10.14. Russia LoRa Chipsets Market Forecast, By Industry 10.14.1. Healthcare and Pharmaceuticals 10.14.2. Media and Advertising 10.14.3. Agriculture 10.14.4. Intelligent Building 10.14.5. Logistics & Shipping 10.14.6. Energy & Utilities 10.14.7. Asset Tracking 10.14.8. Others 10.15. Rest of Europe LoRa Chipsets Market Forecast, By Industry 10.15.1. Healthcare and Pharmaceuticals 10.15.2. Media and Advertising 10.15.3. Agriculture 10.15.4. Intelligent Building 10.15.5. Logistics & Shipping 10.15.6. Energy & Utilities 10.15.7. Asset Tracking 10.15.8. Others 10.16. Europe LoRa Chipsets Market Attractiveness Analysis 10.16.1. By Industry 10.17. PEST Analysis 10.18. Key Trends 10.19. Key Developments 11. Asia Pacific LoRa Chipsets Market Analysis 11.1. Key Findings 11.2. Asia Pacific LoRa Chipsets Market Overview 11.3. Asia Pacific LoRa Chipsets Market Value Share Analysis, By Industry 11.4. Asia Pacific LoRa Chipsets Market Forecast, By Industry 11.4.1. Healthcare and Pharmaceuticals 11.4.2. Media and Advertising 11.4.3. Agriculture 11.4.4. Intelligent Building 11.4.5. Logistics & Shipping 11.4.6. Energy & Utilities 11.4.7. Asset Tracking 11.4.8. Others 11.5. Asia Pacific LoRa Chipsets Market Value Share Analysis, by Country 11.6. Asia Pacific LoRa Chipsets Market Forecast, by Country 11.6.1. China 11.6.2. India 11.6.3. Japan 11.6.4. South Korea 11.6.5. Australia 11.6.6. Malaysia 11.6.7. Indonesia 11.6.8. Rest of Asia Pacific 11.7. Asia Pacific LoRa Chipsets Market Analysis, by Country 11.8. China LoRa Chipsets Market Forecast, By Industry 11.8.1. Healthcare and Pharmaceuticals 11.8.2. Media and Advertising 11.8.3. Agriculture 11.8.4. Intelligent Building 11.8.5. Logistics & Shipping 11.8.6. Energy & Utilities 11.8.7. Asset Tracking 11.8.8. Others 11.9. India LoRa Chipsets Market Forecast, By Industry 11.9.1. Healthcare and Pharmaceuticals 11.9.2. Media and Advertising 11.9.3. Agriculture 11.9.4. Intelligent Building 11.9.5. Logistics & Shipping 11.9.6. Energy & Utilities 11.9.7. Asset Tracking 11.9.8. Others 11.10. Japan LoRa Chipsets Market Forecast, By Industry 11.10.1. Healthcare and Pharmaceuticals 11.10.2. Media and Advertising 11.10.3. Agriculture 11.10.4. Intelligent Building 11.10.5. Logistics & Shipping 11.10.6. Energy & Utilities 11.10.7. Asset Tracking 11.10.8. Others 11.11. South Korea LoRa Chipsets Market Forecast, By Industry 11.11.1. Healthcare and Pharmaceuticals 11.11.2. Media and Advertising 11.11.3. Agriculture 11.11.4. Intelligent Building 11.11.5. Logistics & Shipping 11.11.6. Energy & Utilities 11.11.7. Asset Tracking 11.11.8. Others 11.12. Australia LoRa Chipsets Market Forecast, By Industry 11.12.1. Healthcare and Pharmaceuticals 11.12.2. Media and Advertising 11.12.3. Agriculture 11.12.4. Intelligent Building 11.12.5. Logistics & Shipping 11.12.6. Energy & Utilities 11.12.7. Asset Tracking 11.12.8. Others 11.13. Malaysia LoRa Chipsets Market Forecast, By Industry 11.13.1. Healthcare and Pharmaceuticals 11.13.2. Media and Advertising 11.13.3. Agriculture 11.13.4. Intelligent Building 11.13.5. Logistics & Shipping 11.13.6. Energy & Utilities 11.13.7. Asset Tracking 11.13.8. Others 11.14. Indonesia LoRa Chipsets Market Forecast, By Industry 11.14.1. Healthcare and Pharmaceuticals 11.14.2. Media and Advertising 11.14.3. Agriculture 11.14.4. Intelligent Building 11.14.5. Logistics & Shipping 11.14.6. Energy & Utilities 11.14.7. Asset Tracking 11.14.8. Others 11.15. Rest of Asia Pacific LoRa Chipsets Market Forecast, By Industry 11.15.1. Healthcare and Pharmaceuticals 11.15.2. Media and Advertising 11.15.3. Agriculture 11.15.4. Intelligent Building 11.15.5. Logistics & Shipping 11.15.6. Energy & Utilities 11.15.7. Asset Tracking 11.15.8. Others 11.16. Asia Pacific LoRa Chipsets Market Attractiveness Analysis 11.16.1. By Industry 11.17. PEST Analysis 11.18. Key Trends 11.19. Key Developments 12. Middle East & Africa LoRa Chipsets Market Analysis 12.1. Key Findings 12.2. Middle East & Africa LoRa Chipsets Market Overview 12.3. Middle East & Africa LoRa Chipsets Market Value Share Analysis, By Industry 12.4. Middle East & Africa LoRa Chipsets Market Forecast, By Industry 12.4.1. Healthcare and Pharmaceuticals 12.4.2. Media and Advertising 12.4.3. Agriculture 12.4.4. Intelligent Building 12.4.5. Logistics & Shipping 12.4.6. Energy & Utilities 12.4.7. Asset Tracking 12.4.8. Others 12.5. Middle East & Africa LoRa Chipsets Market Value Share Analysis, by Country 12.6. Middle East & Africa LoRa Chipsets Market Forecast, by Country 12.6.1. GCC 12.6.2. South Africa 12.6.3. Rest of Middle East & Africa 12.7. Middle East & Africa LoRa Chipsets Market Analysis, by Country 12.8. GCC LoRa Chipsets Market Forecast, By Industry 12.8.1. Healthcare and Pharmaceuticals 12.8.2. Media and Advertising 12.8.3. Agriculture 12.8.4. Intelligent Building 12.8.5. Logistics & Shipping 12.8.6. Energy & Utilities 12.8.7. Asset Tracking 12.8.8. Others 12.9. South Africa LoRa Chipsets Market Forecast, By Industry 12.9.1. Healthcare and Pharmaceuticals 12.9.2. Media and Advertising 12.9.3. Agriculture 12.9.4. Intelligent Building 12.9.5. Logistics & Shipping 12.9.6. Energy & Utilities 12.9.7. Asset Tracking 12.9.8. Others 12.10. Rest of Middle East & Africa LoRa Chipsets Market Forecast, By Industry 12.10.1. Healthcare and Pharmaceuticals 12.10.2. Media and Advertising 12.10.3. Agriculture 12.10.4. Intelligent Building 12.10.5. Logistics & Shipping 12.10.6. Energy & Utilities 12.10.7. Asset Tracking 12.10.8. Others 12.11. Middle East & Africa LoRa Chipsets Market Attractiveness Analysis 12.11.1. By Industry 12.12. PEST Analysis 12.13. Key Trends 12.14. Key Developments 13. South America LoRa Chipsets Market Analysis 13.1. Key Findings 13.2. South America LoRa Chipsets Market Overview 13.3. South America LoRa Chipsets Market Value Share Analysis, By Industry 13.4. South America LoRa Chipsets Market Forecast, By Industry 13.4.1. Healthcare and Pharmaceuticals 13.4.2. Media and Advertising 13.4.3. Agriculture 13.4.4. Intelligent Building 13.4.5. Logistics & Shipping 13.4.6. Energy & Utilities 13.4.7. Asset Tracking 13.4.8. Others 13.5. South America LoRa Chipsets Market Value Share Analysis, by Country 13.6. South America LoRa Chipsets Market Forecast, by Country 13.6.1. Brazil 13.6.2. Mexico 13.6.3. Argentina 13.6.4. Rest of South America 13.7. South America LoRa Chipsets Market Analysis, by Country 13.8. Brazil LoRa Chipsets Market Forecast, By Industry 13.8.1. Healthcare and Pharmaceuticals 13.8.2. Media and Advertising 13.8.3. Agriculture 13.8.4. Intelligent Building 13.8.5. Logistics & Shipping 13.8.6. Energy & Utilities 13.8.7. Asset Tracking 13.8.8. Others 13.9. Mexico LoRa Chipsets Market Forecast, By Industry 13.9.1. Healthcare and Pharmaceuticals 13.9.2. Media and Advertising 13.9.3. Agriculture 13.9.4. Intelligent Building 13.9.5. Logistics & Shipping 13.9.6. Energy & Utilities 13.9.7. Asset Tracking 13.9.8. Others 13.10. Argentina LoRa Chipsets Market Forecast, By Industry 13.10.1. Healthcare and Pharmaceuticals 13.10.2. Media and Advertising 13.10.3. Agriculture 13.10.4. Intelligent Building 13.10.5. Logistics & Shipping 13.10.6. Energy & Utilities 13.10.7. Asset Tracking 13.10.8. Others 13.11. Rest of South America LoRa Chipsets Market Forecast, By Industry 13.11.1. Healthcare and Pharmaceuticals 13.11.2. Media and Advertising 13.11.3. Agriculture 13.11.4. Intelligent Building 13.11.5. Logistics & Shipping 13.11.6. Energy & Utilities 13.11.7. Asset Tracking 13.11.8. Others 13.12. South America LoRa Chipsets Market Attractiveness Analysis 13.12.1. By Industry 13.13. PEST Analysis 13.14. Key Trends 13.15. Key Developments 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 14.2.2. New Product Launches and Product Enhancements 14.2.3. Market Consolidation 14.2.3.1. M&A by Regions, Investment and Applications 14.2.3.2. M&A Key Players, Forward Integration and Backward Integration 14.3. Company Profiles: Key Players 14.3.1. Semtech Corporation 14.3.1.1. Company Overview 14.3.1.2. Financial Overview 14.3.1.3. Product Portfolio 14.3.1.4. Business Strategy 14.3.1.5. Recent Developments 14.3.1.6. Development Footprint 14.3.2. Microchip Technology Inc 14.3.3. Murata Manufacturing Co., Ltd 14.3.4. Hoperf 14.3.5. Gemtek 14.3.6. STMicroelectronics 14.3.7. Qualcomm 14.3.8. Huawei 14.3.9. Nordic 14.3.10. NB-IoT 14.3.11. Intel 14.3.12. ZTE 14.3.13. Mouser Electronics 14.3.14. Zhejiang Reallin Electron Co.,Ltd 14.3.15. RAJGURU ELECTRONICS 14.3.16. Avnet 15. Primary Key Insights