Indian electronic sensors market is estimated to grow at a CAGR of 10.5% during the forecast period. The market is mainly driven due to the rising demand for consumer electronics such as smartphones, cameras, and other equipment; growing digital solutions in the industrial sector, and increasing adoption of sensors in the automotive sector. The growing number of smartphone users in the country is anticipated to be the major factor that is backing the growth of the electronic sensors market. Smartphone manufacturers Samsung, BBK, Xiaomi, and others nowadays use three image sensors in a single smartphone. One sensor in front of the mobile and two at the back of the smartphone. Besides, the market players are continuously investing in the development of advanced technologies related to electronic sensors that further provide ample opportunity to the market.
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The Indian market for electronic sensors is segregated on the basis of 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 Indian 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.
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India 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
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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