Global Bluetooth Modules Market Overview:
Bluetooth Modules are a Bluetooth solution that is designed to accelerate the entire new product development cycle and accelerate the entire new product. Bluetooth module specially designed for transparent wireless serial communication. It receives all data received through the serial input is immediately transmitted over the air. As soon as the module receives wireless data, it sends the signal out through the serial interface exactly as it is received. There is not any user code specific to the Bluetooth module that is needed at all in the user microcontroller program. It is utilized in various applications including wireless headset, game controllers, wireless mouse, wireless keyboard and others. It is available at the range up to <100m which depends upon transmitter and receiver, atmosphere, geographic & urban conditions. Basically, it is followed by IEEE 802.15.1 standardized protocol, through which one can build a wireless Personal Area Network (PAN). Some of the players profiled in the study are Murata Manufacturing (Japan), Qualcomm (United States), Intel (United States), Broadcom Inc. (United States), Panasonic (Japan), Texas Instruments (United States), Fujitsu (Japan), Hosiden (Japan), STMicroelectronics (Switzerland) and Laird PLC (United Kingdom).
On the basis of geography, the market of Bluetooth Modules has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Sales Channels will boost the Bluetooth Modules market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Small Power Consumption will boost the Bluetooth Modules market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increasing Demand for Smartphones across the Globe
- Rising Demand of Technology Enables Devices in Healthcare Centres
- Increasing Adoption of IoT Enabled Devices
Influencing Trend
- High Adoption of Wireless Communication Services
Restraints
- High Cost Associated With Bluetooth Modules
Opportunities
- Increasing Number of Consumer Products Manufacturing Companies in Asia Pacific Regions
- Rising Adoption of Industrial Sectors Are Creating Huge Growth Potential In Future
- Growing Customer Interest towards Smart Homes, Wearable and Fitness Devices
Challenges
- Lack of Skilled Labour
- Lack of Consumer Awareness
In Aug 2019, u-blox announced to acquire Rigado’s Bluetooth modules business to extend the range of Bluetooth low energy. And through this, they can access to the additional market segments and channels. The company disclosed that they are looking forward to more collaboration with leading distribution partners.
The global Bluetooth modules market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability.
Target Audience:
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Bluetooth Modules Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Bluetooth Modules market on the basis of product [Bluetooth Low Energy (BLE) Modules, Dual-Mode Bluetooth Modules and Classic Bluetooth Modules] , application [IoT Sensors, Cable Replacement, Beacons, Environmental Monitoring, Medical/Wellness/Fitness Devices, Consumer Products, Industrial Sensor Networks and Building Automation], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Bluetooth Modules market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Bluetooth Modules industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Taiyo Yuden (Japan), Cypress Semiconductor (United States), Microchip Technology (United States) and Silicon Labs (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Bluetooth Modules market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.