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.  

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.   

The companies which are contributing to the growth of the Indian 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. 

Research Methodology

The market study of the Indian electronic sensors market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts as to bring more authenticity to the reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for electronic sensor market players, electronics industry, contract manufacturers, raw material suppliers, distributors & traders, industry associates & experts, government organizations, regulatory bodies, and other market participants for the overall market and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. Indian Electronic Sensors Market Research and Analysis by Type
2. Indian Electronic Sensors Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the Indian 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 Indian electronic sensors industry.
• Insights about market determinants that are stimulating the Indian electronic sensors market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.