Report Description Table of Contents The Sub-GHz modules market was worth USD 1.1 billion in 2023 and will be worth USD 2.8 billion by 2030, growing at a CAGR of 10% during the forecast period. The global market for Sub-GHz modules is increasing due to the continuously rising need for long-range and low-power connections in smart agriculture, industrial IoT, smart cities, and many other applications. As the IoT device installations are expected to be more than thirty billion in 2025, Sub-GHz technology has drawn attention owing to its capability to deliver a greater range a far range up to a few kilometers, with lesser power than that of comparing to other, higher frequency but bandwidth-constrained links. For instance, Sub-GHz modules can be applied in precision agriculture for tracking the moisture content of the soil and the prevailing weather in extensive fields for efficient use of water in farming. Some of the newer trends include the combination of sub-1 GHz solutions with LoRaWAN networks, which improve coverage and general performance for IoT applications in rural and urban areas and hence embrace the use of these modules in different industries. One of the significant trends influencing the Sub-GHz module market is the application of smart metering and utility management systems. Smart meters have led Sub-GHz modules to grow at over an 8% annual rate in the global market, making energy and water utilities significant customers due to the module’s ability to cover long distances with little power usage. For instance, Sub-GHz modules in smart meters allow energy management at the fixed network level by monitoring the usage rate in real time, thus helping utilities optimize resource requirements and cut operational costs. Recent evolution started using sub-gigahertz technology in smart grid networks that enable the efficient transfer of information between distributed power generation, such as photovoltaic and storage systems, irrespective of the zones that the latter occupies. Such a need for energy efficiency and smart infrastructure is expanding the opportunities for the application of Sub-GHz modules in the utility industry. Market Segmentation By Frequency Band: 433 MHz 868 MHz 915 MHz Others (e.g., 470 MHz) By Type: Long Range Transmitters Transceivers Receivers By Application: Smart Metering (Water, Gas, Electricity) Smart Agriculture (Precision Farming) Home Automation Industrial IoT Building Automation Asset Tracking Smart Cities Environmental Monitoring By End-Use Industry: Energy and Utilities Agriculture Manufacturing and Industrial Healthcare Transportation and Logistics Consumer Electronics Retail and Hospitality By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific India China South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA Geographically, North America leads the Sub-GHz module market because IoT solutions, smart cities, and industrial automation applications are popular in the U. S. and Canada. The U. S. is one of the key adopters of Sub-GHz technology, especially for smart metering, where utilities companies have been embracing smart meters in managing energy and water consumption. For instance, it is estimated that more than 80 million smart meters have been installed in the U.S., deploying Sub-GHz for long-range, low-energy transmission in both the urban and rural environment. Recent developments in North America include the growth of LoRaWAN networks based on Sub-GHz frequencies that are useful in smart city initiatives, including real-time regulating traffic patterns and environmental control. This concentration on IoT capacity implementations and network upgrades has further tanked North America’s dominance in the Sub-GHz module market. Key Players Semtech Corporation Texas Instruments Incorporated Silicon Labs STMicroelectronics Murata Manufacturing Co., Ltd. Microchip Technology Inc. NXP Semiconductors Atmel Corporation Laird Connectivity Digi International Inc. Telit Communications PLC Frequently Asked Question About This Report . Table of Contents 1. SUB-GHZ MODULES MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030) 1.1. North America 1.2. Europe 1.3. Asia Pacific 1.4. Latin America 1.5. Middle East & Africa 2. SUB-GHZ MODULES MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030) 2.1. North America 2.2. Europe 2.3. Asia Pacific 2.4. Latin America 2.5. Middle East & Africa 3. MARKET SHARE ANALYSIS – SUB-GHZ MODULES MARKET 3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume 3.2. Market Share, 2023 3.3. Market By Frequency Band and End Use Outlook Analysis 4. HISTORIC TRENDS IN SUB-GHZ MODULES MARKET 5. EMERGING MARKET TRENDS 6. NORTH AMERICA SUB-GHZ MODULES MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 6.1. North America Sub-GHz Modules Historical Market ($MILLION), (2017 – 2023) 6.2. North America Sub-GHz Modules Market ($MILLION) and Forecasts (2024 – 2030) 6.3. North America Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Frequency Band 6.3.1. 433 MHz 6.3.2. 868 MHz 6.3.3. 915 MHz 6.3.4. Others (e.g., 470 MHz) 6.4. North America Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 6.4.1. Long Range 6.4.2. Transmitters 6.4.3. Transceivers 6.4.4. Receivers 6.5. North America Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 6.5.1. Smart Metering (Water, Gas, Electricity) 6.5.2. Smart Agriculture (Precision Farming) 6.5.3. Home Automation 6.5.4. Industrial IoT 6.5.5. Building Automation 6.5.6. Asset Tracking 6.5.7. Smart Cities 6.5.8. Environmental Monitoring 6.6. North America Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 6.6.1. Energy and Utilities 6.6.2. Agriculture 6.6.3. Manufacturing and Industrial 6.6.4. Healthcare 6.6.5. Transportation and Logistics 6.6.6. Consumer Electronics 6.6.7. Retail and Hospitality 6.7. North America Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 6.7.1. USA 6.7.2. Canada 6.7.3. Rest of North America 7. USA SUB-GHZ MODULES MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8. EUROPE SUB-GHZ MODULES MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8.1. Europe Sub-GHz Modules Historical Market ($MILLION), (2017 – 2023) 8.2. Europe Sub-GHz Modules Market ($MILLION) and Forecasts (2024 – 2030) 8.3. Europe Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Frequency Band 8.4. Europe Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 8.5. Europe Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 8.6. Europe Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 8.7. Europe Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 8.7.1. Germany 8.7.2. France 8.7.3. UK 8.7.4. Italy 8.7.5. Spain 8.7.6. Rest of Europe 9. APAC SUB-GHZ MODULES MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 9.1. APAC Sub-GHz Modules Historical Market ($MILLION), (2017 – 2023) 9.2. APAC Sub-GHz Modules Market ($MILLION) and Forecasts (2024 – 2030) 9.3. APAC Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Frequency Band 9.4. APAC Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 9.5. APAC Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 9.6. APAC Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 9.7. APAC Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 9.7.1. China 9.7.2. Japan 9.7.3. South Korea 9.7.4. India 9.7.5. Australia 9.7.6. Rest of APAC 10. LATIN AMERICA SUB-GHZ MODULES MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 10.1. Latin America Sub-GHz Modules Historical Market ($MILLION), (2017 – 2023) 10.2. Latin America Sub-GHz Modules Market ($MILLION) and Forecasts (2024 – 2030) 10.3. Latin America Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Frequency Band 10.4. Latin America Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 10.5. Latin America Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 10.6. Latin America Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 10.7. Latin America Sub-GHz Modules Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 10.7.1. Brazil 10.7.2. Argentina 10.7.3. Rest of Latin America 11. COMPANY PROFILES: 11.1. SEMTECH CORPORATION 11.1.1. Company Overview 11.1.2. Company Snapshot 11.1.3. Operating business segments 11.1.4. Product offered and Revenue 11.1.5. Production & Sales 11.2. Texas Instruments Incorporated 11.3. Silicon Labs 11.4. STMicroelectronics 11.5. Murata Manufacturing Co., Ltd. 11.6. Microchip Technology Inc. 11.7. NXP Semiconductors 11.8. Atmel Corporation 11.9. OTHER MARKET PLAYERS