According to the new market research report by IndustryARC titled “APAC Bluetooth Low Energy Market: By Product Type (Modules, Chipsets); By Mode (Single, Dual); By Application (Automotive Connectivity, Consumer Electronics, Industrial Automation, Others); By Country- (2018-2024)”, the market will be driven by the on-going technological improvements in bluetooth low energy devices.
China Will Continue to Lead the Market Share and Growth During 2018-2024.
China is the world’s second largest economy and Asia’s biggest market for BLE technology. It has made fast advances in areas such as education, infrastructure, high-tech manufacturing, academic publishing, patents and commercial applications. It is now, in some areas and by some measures, a world leader. China manufactures more than half of the world’s electronic goods and thus provides the largest potential for adoption of the BLE technology. China held the largest revenue of $513.23 million in 2017 and is projected to register $2.747 billion by 2024 with the highest CAGR of 27.20%.
APAC Bluetooth Market Analysis Done in the full Report:
The APAC Bluetooth modules market revenue was valued $686.11 million in 2017, and is estimated to reach $2.5 billion by the end of 2024, growing at a CAGR of 21.08%. The APAC Bluetooth Low Energy chipsets segment is estimated to grow at a CAGR of 25.06%, from $687.57 million in 2017 and reach $3.26 billion by 2024.
The total market for Single Mode Bluetooth Low Energy is envisaged to amplify from $277.92 million in 2017 to $3.23 billion by 2024 at a CAGR of 41.87%, while the market for dominant Dual Mode Bluetooth Low Energy will rise at a CAGR of 12.23% from $1.095 billion in 2017 to $2.53 billion by 2024.
To access the full Report click on below Link:
https://industryarc.com/Report/18395/apac-bluetooth-low-energy-market-research-report-analysis.html
Excerpts on Market Growth Factors Mentioned in the Bluetooth Report:
1. Increasing number of smartphone production centers in Indonesia is set to drive the BLE market in this country.
2. Malaysia launched few action plans to drive the national IoT strategic roadmap in the country. It resulted in catalyzing an IoT development hub by facilitating research and development of IoT applications and services in this region. The increasing IoT spending is observed to drive the BLE market in Malaysia.
3. The increasing adoption of smart home technology is about to drive the demand for BLE devices in this country during the forecast period.
Key Players of the APAC Bluetooth Low Energy Industry:
Panasonic Corporation, MediaTek Inc., Nordic Semiconductors, Murata Manufacturing Co Ltd, Cypress Semiconductor are the major players in the market. The Panasonic Corporation is leading in the BLE market in terms of product launches and market expansion. The company launched several reference designs to enable the rapid development of emerging low power applications such as smart remote control, smart beacons and many others.
APAC Bluetooth Low Energy Market Report is Segmented as below:
• By Product Type:
1. Moduct
2. CHipset
• By Mode:
1. Single Mode
2. Dual Mode
• By Applications:
1. Automotive Connectivity
2. Asset Tracking & Proximity Marketing
3. Consumer Electronics
4. Industrial Automation
5. Wearable Electronics
6. Others
• By Country ( Covers 10+ Countries )
• By Market Entropy
• Companies Citied / Interviewed
1. MURATA MANUFACTURING CO. LTD.
2. STMICROELECTRONICS N.V.
3. NORDIC SEMICONDUCTOR ASA
4. TEXAS INSTRUMENTS INC.
5. BROADCOM CORPORATION
6. FUJITSU LTD.
7. PANASONIC CORPORATION
8. QUALCOMM TECHNOLOGIES, INC
9. BESTECHNIC
10. ZHUHAI JIELI TECHNOLOGY CO., LTD.
11. Company 15+
Related Report:
A. Bluetooth Low Energy Market
https://industryarc.com/Report/187/bluetooth-smart-market-forecast.html
B. Wireless Sensor Network Market
https://industryarc.com/Report/211/Wireless-Sensor-Network-Market-Research-Report.html
What can you expect from the report?
The main agenda to cover the following 20 points:
• Market Size by Product Categories
• Market trends
• Manufacturer Landscape
• Distributor Landscape
• Pricing Analysis
• Top 10 End user Analysis
• Product Bench marking
• Product Developments
• Merges & Acquisition Analysis
• Patent Analysis
• Demand Analysis ( By Revenue & Volume )
• Country level Analysis (10+)
• Competitor Analysis
• Market Shares Analysis
• Value Chain Analysis
• Supply Chain Analysis
• Strategic Analysis
• Current & Future Market Landscape Analysis
• Opportunity Analysis
• Revenue and Volume Analysis
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The Global Bluetooth Low Energy Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on application and technology.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Bluetooth Low Energy Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/8440-bluetooth-low-energy-market-reportThe report also covers the complete competitive landscape of the Global Bluetooth Low Energy market with company profiles of key players such as:Ericsson Technology LicensingIntel CorporationLenovo Group Ltd.Microsoft Corp.Motorola Solutions, Inc.Nokia Corp.Toshiba Corp.IBM Corp.Panasonic Corp.Bluegiga TechnologiesNordic SemiconductorsKoninklijke Philips NVCambridge Silicon RadioTexas InstrumentsSamsung Electronics Co. Ltd.MyLand LimitedQualcomm Inc.Nike, Inc.LG CorpEllisys S.A.SEGMENTATIONS IN THE REPORT:By Application:Consumer ElectronicsPC and PeripheralsMedicine and HealthSmart EnergySports and FitnessIndustry AutomationPoints of Sale (POS)Location and AdvertisingMobile TelephonyAutomotiveSecurity and Emergency ResponseEntertainmentBy Technology:Integrated ModulesDiscrete SolutionsBy Geography:North AmericaEuropeAsia PacificRest of the WorldDownload Free Sample Report of Global Bluetooth Low Energy Market @ https://www.decisiondatabases.com/contact/download-sample-8440The Global Bluetooth Low Energy Market has been exhibited in detail in the following chapters –Chapter 1 Bluetooth Low Energy Market PrefaceChapter 2 Executive SummaryChapter 3 Bluetooth Low Energy Industry AnalysisChapter 4 Bluetooth Low Energy Market Value Chain AnalysisChapter 5 Bluetooth Low Energy Market Analysis By ApplicationChapter 6 Bluetooth Low Energy Market Analysis By TechnologyChapter 7 Bluetooth Low Energy Market Analysis By GeographyChapter 8 Competitive Landscape Of Bluetooth Low Energy CompaniesChapter 9 Company Profiles Of Bluetooth Low Energy IndustryPurchase the complete Global Bluetooth Low Energy Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-8440Other Reports by DecisionDatabases.com:Global Bluetooth Beacons Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Bluetooth Shower Speakers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
Increased demand for Bluetooth Low Energy products is primarily driving the market in Americas region.
Once the module is analyzed for its commercial viability, the design specifications are transferred to manufacturing and testing facilities where Bluetooth Low Energy chipsets are either obtained from other manufacturers, or fabricated by module manufacturers on their own.
The Bluetooth Low Energy chipset consists of primarily two end-users: Bluetooth Low Energy module manufacturers and Bluetooth Low Energy-based product developers.• The BLE module manufacturers assemble electronic components beside the chipset while Bluetooth Low Energy-based product developers integrate these chips directly into their products.
As a result the market for Bluetooth Smart Ready products has penetrated immensely in the global market as compared to Bluetooth Smart products.• Bluetooth Smart products known for their long lifecycles due to the incorporation of low power consuming Bluetooth Low Energy chipsets or modules, holds immense potential that is consistently being explored with the development of new applications with the additional support of crowd funding for raising the required capital.
Apart from this, Internet of Everything (IoT), a concept to enable interactions with machines, is a huge market that is already in its commercialization phase with numerous development ideas that are being analyzed.
As interaction in IoT environment depends on wireless sensors that transmit several data parameters to the master devices, Bluetooth Smart will experience robust growth.
