Asia-Pacific electronic sensors market is estimated to grow at a CAGR of 9.4% during the forecast period. The significant market is due to various consumer electronics manufacturing locations in the region. China is a hub for global companies for manufacturing consumer electronics including smartphones. Moreover, countries such as India, Vietnam, Taiwan, Philippines also have a number of smartphone manufacturing sites that export final products all across the globe. In addition to this, China is the leader in the video surveillance market with companies such as Hikvision, Dahua Technology, and so on. In addition to this, China, Japan, India, and South Korea are major global automotive manufacturers, and more than half of the global production outcomes are from these countries. Owing to this, the region is expected to hold a major market share during the forecast period.
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The companies which are contributing to the growth of the Asia-Pacific electronic sensors market include Sony Corp., Samsung Electronics Co., Ltd., Himax Technologies, Inc., Murata Manufacturing Co., Ltd. Robert Bosch GmbH, and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Asia-Pacific Electronic Sensors Market – Segmentation
By Type
- Image Sensor
- Temperature Sensor
- Pressure Sensor
- Motion Sensor
- Biometric Sensor
- Others (Proximity Sensors)
By Application
- Consumer Electronics
Automotive & Other Transportation
- Industrial
- IT & Telecom
- Healthcare
- Aerospace & Defence
- Others
Asia-Pacific Electronic Sensors Market – Segmentation by Region
- China
- India
- Japan
- Rest of Asia-Pacific
The Report Covers
- Comprehensive research methodology of the Asia-Pacific electronic sensors market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific electronic sensors industry.
- Insights about market determinants that are stimulating the Asia-Pacific electronic sensors market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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