India Sensors Market By Type (Radar Sensor, Optical Sensor, Biosensor, Touch Sensor, Image Sensor, Pressure Sensor, Temperature Sensor, Proximity & Displacement Sensor, Level Sensor, Motion & Position Sensor, Humidity Sensor, Accelerometer & Speed Sensor, and Others), By Technology (CMOS, MEMS, NEMS, and Others), By End User Industry (Electronics, IT & Telecom, Automotive, Industrial, Aerospace &
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationIndia Sensors Market By Type (Radar Sensor, Optical Sensor, Biosensor, Touch Sensor, Image Sensor, Pressure Sensor, Temperature Sensor, Proximity & Displacement Sensor, Level Sensor, Motion & Position Sensor, Humidity Sensor, Accelerometer & Speed Sensor, and Others), By Technology (CMOS, MEMS, NEMS, and Others), By End User Industry (Electronics, IT & Telecom, Automotive, Industrial, Aerospace &
| Forecast Period | 2025-2029 |
| Market Size (2023) | USD 15.61 Billion |
| CAGR (2024-2029) | 9.62% |
| Market Size (2029) | USD 22.90 Billion |
| Fastest Growing Segment | Image Sensor |
| Largest Market | West Region |
The
A sensor is a device with the ability to recognize changes in its immediate environment and to output them as analogue or digital signals. These signals can either be displayed or used by a closed loop system to control a process. As, their output is so small, sensors are typically connected to transmitters so that the output can be conditioned or amplified.
In the world affected by COVID, technology is essential for societies to respond, recover, and thrive. Focus on the Internet of Things (IoT) is increasing because of the growing necessity of gathering real-time data and acting on the insights, both in terms of its broader applicability and the path to achieving scale. This rise is being driven by the decreasing cost of computing power, advancements in efficient algorithm designs, advances in machine learning, and, most importantly, the rise of low latency, high-range networks. After 5G, networks are more widely adopted throughout the world, these networks will spread even further and fuel the market of sensors in India.
Increase in automation in various verticals across the region
There is a continuous increase in automation across various verticals of India. Several large-scale and small-scale industries have made automation a key component for cost-cutting and production-efficiency strategies. The use of Sensors is growing as more and more businesses are shifting toward automation. Sensors are used in various industries, such as Electronics, IT & Telecom, Automotive, Industrial, Aerospace & Defense, Healthcare, and Others. Sensor’s adoption is increasing due to the rapidly changing human-machine interface (HMI), which is made possible by introducing touch screens, larger screens, higher resolution, remote monitoring capabilities using advanced processors, and IIOT which increases the demand for the sensors in the smart products.
Download Free Sample ReportHigh requirement for skilled workforce
In the past ten years, hiring workers for specialized positions in their factories has become more challenging for manufacturers. Automation makes things more difficult because it necessitates programming and operating knowledge for the robots. This increases the opportunities for existing employees to receive training and broaden their skill set. An automation company can help with the initial installation and configuration. With the proper training and experience, employees can learn new skills and adapt to managing robots. As a result, the demand for a highly skilled workforce and team may hinder the expansion of the Sensors market.
Market Segmentation
The India Sensors market is divided based on Type, Technology, and Industry. Based on Type, the market is divided into Radar Sensor, Optical Sensor, Biosensor, Touch Sensor, Image Sensor, Pressure Sensor, Temperature Sensor, Proximity & Displacement Sensor, Level Sensor, Motion & Position Sensor, Humidity Sensor, Accelerometer & Speed Sensor, and Others. By Technology, the market is divided into CMOS, MEMS, NEMS, and Others. By Industry, the market is divided into Electronics, IT & Telecom, Automotive, Industrial, Aerospace & Defence, Healthcare, and Others.
Market Players
Some of the leading players in India Sensors Market are, 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
Key developments and initiatives by government and companies
- Anagreement has been signed by Uno Minda, a top tier-1 supplier of proprietaryautomotive solutions and systems to original equipment manufacturers, andAsentec of Korea, a major global supplier of automotive sensors and actuators,to design, develop, produce, and market wheel speed sensors (WSS) in India.
- GalaxEye to develop satellites with synthetic apertureradar (SAR) and optical sensors with Antaris.
Attribute | Details |
Base Year | 2023 |
Historic Data | 2019 – 2022 |
Estimated Year | 2024 |
Forecast Period | 2025 – 2029 |
Quantitative Units | Revenue in USD Million, and CAGR for 2019-2023 and 2024 – 2029 |
Report coverage | Revenue forecast, company share, growth factors, and trends |
Segments covered | Type Technology Industry Country |
Regional scope | North India, South India, East India, West India |
Key companies profiled | 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 |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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