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 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.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Indian 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
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.
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