DUBLIN, Mar. 20, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/4stcg3/india_sensors) has announced the addition of the "India Sensors Market Forecast and Opportunities 2020" report to their offering.
The sensor market is projected to grow at a CAGR over 20% through 2020
Consumer electronics, automotive, industrial and healthcare sectors are the key application areas for sensors in the country. In addition, adoption of MEMS technology in sensors is growing across various new application segments. Growing trend of Internet-of-things (IOT), to connect physical objects wirelessly to internet, is also boosting use of sensors in physical objects. Growing use of combination inertial sensors in Heating, Ventilation and Air-Conditioning (HVAC) industry is also one of the major drivers for the sensors market in the country. In 2014, STMicroelectronics held the largest share in the country's sensors market.
India sensors market is one of the fastest growing markets in Asia-Pacific. Rising security concerns and growing trend towards miniaturization are shifting the focus of consumers to smart devices, which make extensive use of various sensors, in particular, touch and image sensors. Increase in sales of consumer electronics and medical devices is also contributing to growth of sensors market in the country. Further, automation in manufacturing sector is being driven by growing need for energy efficiency and complying with related government regulations. As sensors help in reducing energy consumption and wastage, while also reducing maintenance costs, the manufacturers are increasingly installing sensors in their manufacturing units.
India Sensors Market Forecast & Opportunities, 2020 discusses the following aspects of the sensor market in India:
- Internet-of-Things (IOT)
- Appcessories
- Biometric Identification Systems
- Miniaturization
- Combination Sensors
- Smart Buildings
Key Topics Covered:
1. Research Methodology
2. Sensors- Overview & Classification
3. Analyst View
4. Global Sensors Market Outlook
5. India Sensors Market Outlook
6. India Touch Sensors Market
7. India Pressure Sensors Market
8. India Motion Sensors Market
9. India Image Sensors Market
10. India Temperature Sensors Market
11. India Position Sensors Market
12. Market Dynamics
13. Market Trends and Developments
14. Policy and Regulatory Landscape
15. India Economic Outlook
16. Competitive Landscape
17. Strategic Recommendations
Companies Mentioned
- STMicroelectronics Private Limited
- 3M India Limited
- Texas Instruments (India) Private Limited
- Freescale Semiconductor India Private Limited
- Murata Electronics (India) Private Limited
- Honeywell Automation India Private Limited
- TE Connectivity India Private Limited
- Alps Electric (India) Private Limited
- Semtech Advanced Systems India Private Limited
- Cognex Sensors India Private Limited
For more information visit http://www.researchandmarkets.com/research/4stcg3/india_sensors
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
