Global Wireless IoT Sensors Market growing at a CAGR of 27.30% from 2023 to 2031

Consegic Business Intelligence provided an inclusive research report on the wireless IoT sensors market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends. Pressure sensors are predicted to witness the fastest CAGR in the wireless IoT sensors market during the forecast period. The growth is attributed to the increasing adoption of pressure sensors in various automotive applications, including tire pressure monitoring systems (TPMS), engine management, and airbag deployment systems. In addition, pressure sensors are also deployed in devices namely smartphones and wearables for features including altitude measurement, GPS enhancement, and weather forecasting. Moreover, pressure sensors are also vital for aircraft systems, including cabin pressure control, engine monitoring, and flight control systems. Furthermore, pressure sensors are deployed in environmental monitoring equipment to measure atmospheric pressure changes that provide insights into weather patterns and climate changes. Consequently, the aforementioned factors are contributing significantly in fueling the growth of wireless IoT pressure sensors segment.