LoRa is a long-range, low-power wireless platform that enables communication with battery-powered devices over long distances. LoRa gateways help in routing communications between end devices like sensors and the network server. The technology helps connect smart meters, smart cities applications, and Internet of Things (IoT) devices cost-effectively and reliably. Different industries are increasingly adopting LoRa technology for asset tracking, smart parking, smart home solutions, water and gas metering, and other industrial applications due to its low-power consumption and secure bi-directional communication.
The global LoRa gateway market is estimated to be valued at US$ 1.18 Bn in 2024 and is expected to exhibit a CAGR of 6.4% over the forecast period from 2024 to 2031.
LoRa gateway is a critical component for establishing connectivity between LoRa enabled devices and the network server. Increasing deployments of smart city infrastructure and growing adoption of IoT technology is driving the demand for long-range wireless gateways for fast, reliable, and secure communication.
Key Takeaways
Key players operating in the LoRa gateway market are Pfizer Inc., Novartis International AG, Genentech, Inc., Active Biotech AB, Amgen Inc., Bayer AG, Cipla Limited, Hoffmann-La Roche AG, Bristol-Myers Squibb Company, Eisai Co., Ltd., and Exelixis, Inc. Major players are focusing on developing innovative gateways with enhanced capabilities to support a large number of end-devices and complex IoT applications.
LoRa technology enables connectivity in remote locations where deployment of conventional wireless infrastructure is difficult. This provides huge opportunities for vendors to expand their footprint and offer total connectivity solutions. For example, Sigfox collaborated with operators in several countries to build national LoRaWAN networks for wide-scale IoT deployments.
Leading gateway providers are also entering partnerships to tap new geographic markets. Multitech partnered with Chinese distribution company Anthropic to distribute its products across China. Similarly, Western Gateway struck a distribution deal with India-based Y Unique to make inroads into South Asian markets. These partnerships will help address the growing need for low-power wireless infrastructure globally.
Market Drivers
One of the major drivers for Lora Gateway Market Demand is the growing adoption of IoT technology across various industries for asset monitoring and management applications. Estimates show there will be over 50 billion IoT connections globally by 2030. LoRa protocol is ideal for low data rate IoT applications due to its low power consumption and secure bi-directional communication capability.
Market Restrains
However, the limited coverage range of LoRa networks poses a key challenge. While LoRa technology enables connectivity over long ranges of 10-15 km in rural areas, the coverage is relatively low in dense urban locations. This necessitates higher infrastructure investments for operators to achieve broad and reliable coverage for mass IoT adoption.
Segment Analysis
LoRa Gateway Market is broadly segmented into Public Networks and Private Networks. Private Networks segment currently dominates the market and is expected to continue its dominance over the forecast period due to increasing adoption of LoRa Gateway Solutions across various industries for asset tracking and industrial IoT applications. Private networks ensure higher security and scalability as per the specific needs of end-users.
LoRa Gateway Market can also be segmented by end-use verticals into Agriculture, Smart City, Smart Home/Building, Logistics and Transportation, Healthcare, Industrial Manufacturing, and Others. Smart City segment holds the highest market share currently owing to large-scale implementations of LoRa networks for applications like smart parking, waste management and environmental monitoring.
Global Analysis
North America region currently captures the largest share in the global LoRa Gateway Market due to advancements in IoT infrastructure and high adoption across major verticals like logistics and manufacturing in the US and Canada. Asia Pacific region is anticipated to witness the fastest growth over the forecast period. This is majorly attributed to ongoing smart city projects and growth of private LoRa networks in countries like India, China, Australia and South Korea. Rapid economic development along with government initiatives to develop connected infrastructure will further augment the regional market during the analysis timeframe.
Get More Insights On Lora Gateway Market
Among the devices that you should heavily invest on is a Lora Gateway kit.
LoRa gateways are routers that receive a device’s message and forward it to the IoT network.
A single gateway can help and serve thousands of devices already.Key FeaturesRAK831 LPWAN Module with Raspberry Pi3 and MAX-7Q GPS Module, based on SX1301, 433/868/915MHz.Support 433MHz / 868MHz / 915MHz communication bandBased on Semtech SX1301, half-duplex gateway moduleSupport 10 channels, 8 downlink and 1 uplink channel, 1 FSK channelRF output power of 25.2dBmReceiving sensitivity up to -139dBm, up to 15KM
In this report, our team research the global LoRa Gateway Module market by type, application, region and manufacturer 2013-2018 and forecast 2019-2024.
For the region, type and application, the sales, revenue and their market share, growth rate are key research objects; we can research the manufacturers’ sales, price, revenue, cost and gross profit and their changes.
What’s more, we will display the main consumers, raw material manufacturers, distributors, etc.The report on LoRa Gateway Module, provides deep insights for LoRa Gateway Module market based on decisive aspects of a market study.
Location analytics of the LoRa Gateway Module in report majorly highlighted are Asia-Pacific, North America, Europe, South America and Middle East & Africa for reviewing and studying markets periodically.
Moreover, report precisely covers different market segments like definition, type & application.Ask for PDF Sample Copy: https://www.orbisresearch.com/contacts/request-sample/2472489Geographically, global LoRa Gateway Module market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players includingDapu Telecom Technology CoEmbitHOPE MicroElectronicsIMST GmbHLibeliumLink LabsLairdTechManthinkMurataMulti-Tech SystemsMicrochip TechnologyNiceRFNemeusOn the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into433MHz470MHz868MHz915MHz923MHzOthersFor the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of LoRa Gateway Module for each application, includingInternet of ThingsSmart AgricultureSmart CityIndustrial AutomationSmart MetersAsset TrackingSmart HomeSensor networksM2M923MHzOthersGet Reasonable Discount: https://www.orbisresearch.com/contacts/discount/2472489In a nutshell, market research is an art desirable of gathering data via surveys and deep market study by a team of subject matter experts.
A market research report provides direction and rationale of the market through a professional approach based on comprehensive investigation of LoRa Gateway Module market.
Low Maintenance costhigh compatibilitysolid enclosureEC, ECC, RCM, CERTIFIEDLansitec precision platinum temperature sensor is designed based on the advanced LoRa modulation and powered by lithium battery with 6-year operation time.
It is cost-effective LoRaWAN end device for a variety of application scenarios.Its long operation time offers low maintenance.
Therefore, it is ideal for industrial use.
Sensor work mode can be adjusted via LoRa network.
Lansitec sensor family is fully compatible and plug-and-play for LoRaWAN network operation.Context: Busway temperature monitor, gas and fluid temperature monitor
