Asia-Pacific Electronic Sensors Market to Signify Strong Growth by 2023-2029

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.

The Asia-Pacific market for electronic sensors is segregated based on type and application industry. Based on the product type, the market is further classified into image sensors, temperature sensor pressure sensor, motion sensor, biometric sensor, and others (proximity sensors). The image sensor segment is projected to have considerable growth due to the growing application in consumer electronics such as smartphones and wearable devices. Based on the application, the Asia-Pacific electronic sensors market is further segmented into consumer electronics, automotive & transportation, industrial, IT & telecom, healthcare, aerospace & defense, and others. The automotive segment is estimated to have considerable growth in the market owing to the growing application of image sensors in autonomous vehicles. Based on geography, the market is further segregated into China, India, Japan, and the Rest of Asia-Pacific. Among, geography China is projected to have the largest market share in the region.

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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

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Regional Analysis

  • China
  • India
  • Japan
  • Rest of Asia-Pacific

Company Profiles           

  • Canon, Inc.
  • Infineon Technologies AG
  • Himax Technologies, Inc.
  • Murata Manufacturing Co., Ltd.
  • NXP Semiconductors N.V.
  • OMRON Corp.
  • Panasonic Corp.
  • Robert Bosch GmbH
  • Sony Corp.
  • Samsung Electronics Co., Ltd.

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