Battery-free Sensors Market Future Outlook, Trends, Scope, Size, Demand, Competitors Study, by Region, Top Players & Review

The Battery-free sensors market size is projected to grow from USD 32 million in 2022 to USD 109 million by 2026; it is expected to grow at a CAGR of 27.6% from 2021 to 202

Battery-free sensors Market are passive sensors that do not require external power sources for their operations. Most of these sensors operate on a radio frequency identification (RFID) interface without a battery. This sensor gathers energy from the radio frequency identification reader to power the sensing circuit and then reflects the digital data to the RFID reader. Other than RFID technology, these sensors may rely on near-field communication (NFC) and Bluetooth technologies for their operations and data transmission.

ON Semiconductor (UK), Farsens (Spain), Axzon (Rfmicron) (US), Inductosense (UK), Phase IV Engineering (US), Powercast (US), Distech Controls (US), EnOcean (Germany), DCO Systems (UK), and Everactive (US), are some of the major players in battery-free sensors market.

ON Semiconductor

ON Semiconductor designs, manufactures, and markets a variety of semiconductor components. The company is a leading supplier of semiconductor-based solutions, offering a comprehensive portfolio of energy-efficient power and signal management, logic, and standard and custom devices. Through its ISG segment, ON Semiconductor Corp. offers various sensor products, Its battery-free sensor portfolio includes Smart Passive Sensor Tags. They offer temperature, moisture sensors, as well as UHF antenna and reader. These sensors cater to applications in automotive, industrial, consumer, wireless, medical, and aerospace/defense verticals. ON Semiconductor has adopted organic and inorganic growth strategies to expand its business reach in the battery-free sensors market. ON Semiconductor’s strong focus on research and development activities helps the company to release new and innovative products in the market.

Axzon

Axzon (formerly known as RFMicron, Inc.) manufactures integrated circuits to deploy in mission-critical RFID tags and passive wireless sensors using Chameleon TM technology. The company offers smart passive sensing solutions that connect the unconnectable. RFMicron offers smart passive sensor (TM) tags that enable a new class of fully functional wireless passive sensors consisting of a Magnus S chip and an antenna. These wireless sensors are maintenance-free and battery-free. These devices are built using Smart Passive Sensing technology, delivering real-world data to solve business problems and improve operations The company is focused on rapid expansion through collaborations and partnerships with leading players in the battery-free sensor ecosystem, such as Cymbet (US) and Nordic ID (US). For instance, in 2020. Axzon and Cymbet Corporation collaborated to combine their unique technologies to create the world’s lowest power IoT sensor.

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Farsens

Farsens is a technology-based company focused on the design and commercialization of wireless solutions. The company is involved in the development of wireless sensor network systems. Farsens has developed a family of battery-free RFID sensors and actuators of all types: temperature, pressure, force, LED, relay, switch monitor, and much more. Major applications of these sensors include rotor temperature monitoring solutions used in industrial applications, battery-free tire pressure monitoring systems used in automotive applications, structural health monitoring systems used in construction applications, or battery-free pick-to-light solutions used in warehouses. Recently, the company has been focusing on product launches and collaborations for better growth opportunities. This has enabled it to expand its product portfolio of battery-free sensors. Farsens emphasizes on commercializing battery-free sensors that find applications in asset monitoring and process automation solutions.

1 INTRODUCTION (Page No. — 25)
 1.1 STUDY OBJECTIVES
 1.2 DEFINITION
 1.2.1 INCLUSIONS & EXCLUSIONS
 1.3 STUDY SCOPE
 1.3.1 MARKETS COVERED
 FIGURE 1 BATTERY-FREE SENSORS MARKET SEGMENTATION
 1.3.2 GEOGRAPHIC SCOPE
 1.3.3 YEARS CONSIDERED
 1.4 CURRENCY
 1.5 LIMITATIONS
 1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. — 30)
 2.1 RESEARCH DATA
 FIGURE 2 BATTERY-FREE SENSORS MARKET: RESEARCH DESIGN
 2.1.1 SECONDARY AND PRIMARY RESEARCH
 2.1.2 SECONDARY DATA
 2.1.2.1 Key secondary sources
 2.1.2.2 Secondary sources
 2.1.3 PRIMARY DATA
 2.1.3.1 Primary interviews with experts
 2.1.3.2 Primary sources
 2.1.3.3 Key industry insights
 2.1.3.4 Breakdown of primaries
 2.2 MARKET SIZE ESTIMATION
 2.2.1 BOTTOM-UP APPROACH
 2.2.1.1 Approach for arriving at market size using bottom-up analysis
 FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
 2.2.2 TOP-DOWN APPROACH
 2.2.2.1 Approach for capturing market size using top-down analysis
 FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
 FIGURE 5 METHODOLOGY USED TO ESTIMATE BATTERY-FREE SENSORS MARKET SIZE USING SUPPLY-SIDE ANALYSIS
 2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
 FIGURE 6 DATA TRIANGULATION
 2.4 RESEARCH ASSUMPTION
 2.5 RISK ASSESSMENTS
 TABLE 1 LIMITATIONS AND ASSOCIATED RISKS

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