India Sensors Market Forecast and Opportunities 2020 - STMicroelectronics held the largest share in 2014

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 consumes 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, [email protected]

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/india-sensors-market-forecast-and-opportunities-2020---stmicroelectronics-held-the-largest-share-in-2014-300053785.html

SOURCE Research and Markets

[ Back To TMCnet.com's Homepage ]