The global market for LoRa Chipsets was estimated to be worth US$ 326 million in 2024 and is forecast to a readjusted size of US$ 1746 million by 2031 with a CAGR of 27.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on LoRa Chipsets cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
LoRa is a modulation technology used in the physical layer of the LoRaWAN network. It is basically Chirp Spread Spectrum modulation, which is used to apply different spreading factors to provide different data rates
The growth of the LoRa chipset market is driven by several key factors, primarily linked to the rapid expansion of the Internet of Things (IoT), increasing demand for low-power wide-area networks (LPWANs), and the accelerating implementation of smart infrastructure across industries. As more sectors require cost-effective, long-range, and energy-efficient communication for remote monitoring and data collection, LoRa chipsets have emerged as a preferred solution. Their ability to operate over several kilometers with minimal power consumption makes them ideal for battery-powered IoT devices, particularly in areas where traditional cellular connectivity is impractical or too costly.
The market is further propelled by the widespread adoption of applications such as smart metering (water, gas, electricity), smart agriculture, urban infrastructure monitoring, building automation, and asset tracking. In smart utility metering, for example, LoRa enables efficient long-distance data transmission, reducing the need for manual meter readings and operational costs. In agriculture, LoRa chipsets power sensor networks that monitor environmental conditions, enabling farmers to optimize irrigation and resource usage while maintaining long battery life in remote field devices.
Key Players include Semtech, ASR Microelectronics, STMicroelectronics. Among all the companies, the Semtech has the highest revenue, which account for more than 50% market share.
This report aims to provide a comprehensive presentation of the global market for LoRa Chipsets, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of LoRa Chipsets by region & country, by Type, and by Application.
The LoRa Chipsets market size, estimations, and forecasts are provided in terms of sales volume (M Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LoRa Chipsets.
Market Segmentation
By Company
- Semtech
- ASR Microelectronics
- STMicroelectronics
- Guangzhou ZHIYUAN Electronics
Segment by Type
- Gateway Chipset
- Terminal Chipset
Segment by Application
- Home and Buildings
- Smart Metering
- Supply Chain & Logistics
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of LoRa Chipsets manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of LoRa Chipsets in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of LoRa Chipsets in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 LoRa Chipsets Product Introduction
- 1.2 Global LoRa Chipsets Market Size Forecast
- 1.2.1 Global LoRa Chipsets Sales Value (2020-2031)
- 1.2.2 Global LoRa Chipsets Sales Volume (2020-2031)
- 1.2.3 Global LoRa Chipsets Sales Price (2020-2031)
- 1.3 LoRa Chipsets Market Trends & Drivers
- 1.3.1 LoRa Chipsets Industry Trends
- 1.3.2 LoRa Chipsets Market Drivers & Opportunity
- 1.3.3 LoRa Chipsets Market Challenges
- 1.3.4 LoRa Chipsets Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global LoRa Chipsets Players Revenue Ranking (2024)
- 2.2 Global LoRa Chipsets Revenue by Company (2020-2025)
- 2.3 Global LoRa Chipsets Players Sales Volume Ranking (2024)
- 2.4 Global LoRa Chipsets Sales Volume by Company Players (2020-2025)
- 2.5 Global LoRa Chipsets Average Price by Company (2020-2025)
- 2.6 Key Manufacturers LoRa Chipsets Manufacturing Base and Headquarters
- 2.7 Key Manufacturers LoRa Chipsets Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of LoRa Chipsets
- 2.9 LoRa Chipsets Market Competitive Analysis
- 2.9.1 LoRa Chipsets Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by LoRa Chipsets Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in LoRa Chipsets as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Gateway Chipset
- 3.1.2 Terminal Chipset
- 3.2 Global LoRa Chipsets Sales Value by Type
- 3.2.1 Global LoRa Chipsets Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global LoRa Chipsets Sales Value, by Type (2020-2031)
- 3.2.3 Global LoRa Chipsets Sales Value, by Type (%) (2020-2031)
- 3.3 Global LoRa Chipsets Sales Volume by Type
- 3.3.1 Global LoRa Chipsets Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global LoRa Chipsets Sales Volume, by Type (2020-2031)
- 3.3.3 Global LoRa Chipsets Sales Volume, by Type (%) (2020-2031)
- 3.4 Global LoRa Chipsets Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Home and Buildings
- 4.1.2 Smart Metering
- 4.1.3 Supply Chain & Logistics
- 4.1.4 Others
- 4.2 Global LoRa Chipsets Sales Value by Application
- 4.2.1 Global LoRa Chipsets Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global LoRa Chipsets Sales Value, by Application (2020-2031)
- 4.2.3 Global LoRa Chipsets Sales Value, by Application (%) (2020-2031)
- 4.3 Global LoRa Chipsets Sales Volume by Application
- 4.3.1 Global LoRa Chipsets Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global LoRa Chipsets Sales Volume, by Application (2020-2031)
- 4.3.3 Global LoRa Chipsets Sales Volume, by Application (%) (2020-2031)
- 4.4 Global LoRa Chipsets Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global LoRa Chipsets Sales Value by Region
- 5.1.1 Global LoRa Chipsets Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global LoRa Chipsets Sales Value by Region (2020-2025)
- 5.1.3 Global LoRa Chipsets Sales Value by Region (2026-2031)
- 5.1.4 Global LoRa Chipsets Sales Value by Region (%), (2020-2031)
- 5.2 Global LoRa Chipsets Sales Volume by Region
- 5.2.1 Global LoRa Chipsets Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global LoRa Chipsets Sales Volume by Region (2020-2025)
- 5.2.3 Global LoRa Chipsets Sales Volume by Region (2026-2031)
- 5.2.4 Global LoRa Chipsets Sales Volume by Region (%), (2020-2031)
- 5.3 Global LoRa Chipsets Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America LoRa Chipsets Sales Value, 2020-2031
- 5.4.2 North America LoRa Chipsets Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe LoRa Chipsets Sales Value, 2020-2031
- 5.5.2 Europe LoRa Chipsets Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific LoRa Chipsets Sales Value, 2020-2031
- 5.6.2 Asia Pacific LoRa Chipsets Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America LoRa Chipsets Sales Value, 2020-2031
- 5.7.2 South America LoRa Chipsets Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa LoRa Chipsets Sales Value, 2020-2031
- 5.8.2 Middle East & Africa LoRa Chipsets Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions LoRa Chipsets Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions LoRa Chipsets Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions LoRa Chipsets Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions LoRa Chipsets Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States LoRa Chipsets Sales Value, 2020-2031
- 6.3.2 United States LoRa Chipsets Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States LoRa Chipsets Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe LoRa Chipsets Sales Value, 2020-2031
- 6.4.2 Europe LoRa Chipsets Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe LoRa Chipsets Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China LoRa Chipsets Sales Value, 2020-2031
- 6.5.2 China LoRa Chipsets Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China LoRa Chipsets Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan LoRa Chipsets Sales Value, 2020-2031
- 6.6.2 Japan LoRa Chipsets Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan LoRa Chipsets Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea LoRa Chipsets Sales Value, 2020-2031
- 6.7.2 South Korea LoRa Chipsets Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea LoRa Chipsets Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia LoRa Chipsets Sales Value, 2020-2031
- 6.8.2 Southeast Asia LoRa Chipsets Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia LoRa Chipsets Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India LoRa Chipsets Sales Value, 2020-2031
- 6.9.2 India LoRa Chipsets Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India LoRa Chipsets Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Semtech
- 7.1.1 Semtech Company Information
- 7.1.2 Semtech Introduction and Business Overview
- 7.1.3 Semtech LoRa Chipsets Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Semtech LoRa Chipsets Product Offerings
- 7.1.5 Semtech Recent Development
- 7.2 ASR Microelectronics
- 7.2.1 ASR Microelectronics Company Information
- 7.2.2 ASR Microelectronics Introduction and Business Overview
- 7.2.3 ASR Microelectronics LoRa Chipsets Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 ASR Microelectronics LoRa Chipsets Product Offerings
- 7.2.5 ASR Microelectronics Recent Development
- 7.3 STMicroelectronics
- 7.3.1 STMicroelectronics Company Information
- 7.3.2 STMicroelectronics Introduction and Business Overview
- 7.3.3 STMicroelectronics LoRa Chipsets Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 STMicroelectronics LoRa Chipsets Product Offerings
- 7.3.5 STMicroelectronics Recent Development
- 7.4 Guangzhou ZHIYUAN Electronics
- 7.4.1 Guangzhou ZHIYUAN Electronics Company Information
- 7.4.2 Guangzhou ZHIYUAN Electronics Introduction and Business Overview
- 7.4.3 Guangzhou ZHIYUAN Electronics LoRa Chipsets Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Guangzhou ZHIYUAN Electronics LoRa Chipsets Product Offerings
- 7.4.5 Guangzhou ZHIYUAN Electronics Recent Development
8 Industry Chain Analysis
- 8.1 LoRa Chipsets Industrial Chain
- 8.2 LoRa Chipsets Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 LoRa Chipsets Sales Model
- 8.5.2 Sales Channel
- 8.5.3 LoRa Chipsets Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer