LoRaWAN Module Market Revenue was valued at USD 1.2 Billion in 2024 and is estimated to reach USD 4.5 Billion by 2033, growing at a CAGR of 16.5% from 2026 to 2033.
The Europe LoRaWAN module market is rapidly evolving, driven by the growing demand for low-power, wide-area network (LPWAN) technologies. LoRaWAN, a communication protocol designed for long-range, low-power IoT applications, is increasingly being adopted across industries like agriculture, logistics, manufacturing, and energy. This trend reflects the increasing need for more efficient, cost-effective, and scalable IoT solutions that can meet the diverse needs of modern industries.
In the agriculture sector, LoRaWAN technology is used for real-time monitoring of crops, livestock, and environmental conditions. By enabling farmers to collect data remotely from various sensors, LoRaWAN helps optimize water usage, track animal movements, and monitor soil conditions. This data-driven approach improves decision-making, reduces costs, and boosts overall productivity. With Europe’s increasing focus on sustainability and smart farming, LoRaWAN modules are poised to play a significant role in agricultural innovations.
Logistics and transportation are also key sectors benefiting from LoRaWAN technology. The ability to track assets in real-time over large distances without requiring constant power is a game-changer for supply chain management. LoRaWAN’s long-range capabilities ensure that companies can monitor the location and condition of goods, reduce losses, and improve operational efficiency. This market is expected to continue growing as businesses seek ways to enhance the transparency and security of their logistics operations.
The energy sector is tapping into LoRaWAN’s capabilities for applications such as smart metering and energy management. By deploying LoRaWAN-enabled devices, utilities can remotely monitor energy consumption, optimize grid operations, and improve the reliability of power distribution systems. This aligns with Europe’s broader objectives of reducing carbon footprints and enhancing energy efficiency.
As industries in Europe seek reliable and scalable IoT solutions, the demand for LoRaWAN modules is expected to rise significantly. Companies are increasingly looking for modules that can provide secure, long-range communication while being power-efficient. This shift in market requirements highlights the growing role of LoRaWAN in driving industrial IoT innovations across various sectors.
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Murata
STMicroelectronics
LairdPLC
Microchip Technology
Nemeus
Onethinx
Nordic Automation Systems
Multi-Tech Systems
Maxim Integrated
IMST GmbH
EBYTE
HOPERF
NIceRF
MOKOLORA
robustel
Four-Faith
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Europe region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe LoRaWAN Module Market
Smart Agriculture
Smart Cities
Asset Tracking
Industrial Automation
Environment Monitoring
Hardware
Software
Logistics and Transportation
Healthcare
Agriculture
Utilities
Manufacturing
Public Network
Private Network
Standalone Modules
Integrated Modules
Gateway Devices
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe LoRaWAN Module Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Market Size And Trends
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe LoRaWAN Module Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe LoRaWAN Module Market, By Type
6. Europe LoRaWAN Module Market, By Application
7. Europe LoRaWAN Module Market, By Geography
Europe
8. Europe LoRaWAN Module Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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