Posted in | News | Sensors General

India Sensors Market Forecast to Grow at 20% CAGR

Research and Markets has announced the addition of the "India Sensors Market Forecast and Opportunities 2020" report to their offering.

The sensor market is projected to grow at a CAGR over 20% through 2020

Consumer electronics, automotive, industrial and healthcare sectors are the key application areas for sensors in the country. In addition, adoption of MEMS technology in sensors is growing across various new application segments. Growing trend of Internet-of-things (IOT), to connect physical objects wirelessly to internet, is also boosting use of sensors in physical objects. Growing use of combination inertial sensors in Heating, Ventilation and Air-Conditioning (HVAC) industry is also one of the major drivers for the sensors market in the country. In 2014, STMicroelectronics held the largest share in the country's sensors market.

India sensors market is one of the fastest growing markets in Asia-Pacific. Rising security concerns and growing trend towards miniaturization are shifting the focus of consumers to smart devices, which make extensive use of various sensors, in particular, touch and image sensors. Increase in sales of consumer electronics and medical devices is also contributing to growth of sensors market in the country. Further, automation in manufacturing sector is being driven by growing need for energy efficiency and complying with related government regulations. As sensors help in reducing energy consumption and wastage, while also reducing maintenance costs, the manufacturers are increasingly installing sensors in their manufacturing units.

India Sensors Market Forecast & Opportunities, 2020 discusses the following aspects of the sensor market in India:

  • Internet-of-Things (IOT)
  • Appcessories
  • Biometric Identification Systems
  • Miniaturization
  • Combination Sensors
  • Smart Buildings

Key Topics Covered:

1. Research Methodology

2. Sensors- Overview & Classification

3. Analyst View

4. Global Sensors Market Outlook

5. India Sensors Market Outlook

6. India Touch Sensors Market

7. India Pressure Sensors Market

8. India Motion Sensors Market

9. India Image Sensors Market

10. India Temperature Sensors Market

11. India Position Sensors Market

12. Market Dynamics

13. Market Trends and Developments

14. Policy and Regulatory Landscape

15. India Economic Outlook

16. Competitive Landscape

17. Strategic Recommendations

Companies Mentioned

  • STMicroelectronics Private Limited
  • 3M India Limited
  • Texas Instruments (India) Private Limited
  • Freescale Semiconductor India Private Limited
  • Murata Electronics (India) Private Limited
  • Honeywell Automation India Private Limited
  • TE Connectivity India Private Limited
  • Alps Electric (India) Private Limited
  • Semtech Advanced Systems India Private Limited
  • Cognex Sensors India Private Limited

For more information visit http://www.researchandmarkets.com/research/lfzssj/india_sensors

Source: http://www.researchandmarkets.com/

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit
Azthena logo

AZoM.com powered by Azthena AI

Your AI Assistant finding answers from trusted AZoM content

Your AI Powered Scientific Assistant

Hi, I'm Azthena, you can trust me to find commercial scientific answers from AZoNetwork.com.

A few things you need to know before we start. Please read and accept to continue.

  • Use of “Azthena” is subject to the terms and conditions of use as set out by OpenAI.
  • Content provided on any AZoNetwork sites are subject to the site Terms & Conditions and Privacy Policy.
  • Large Language Models can make mistakes. Consider checking important information.

Great. Ask your question.

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.