The global consultancy group Research and Markets, has published a report, titled:'India's Sensor Market Forecast and Opportunities, 2018', where it has mentioned that the sensors market revenues in the country would grow at the CAGR of 14 percent till 2018.
Critical components
Sensors are essentaially critical components, being used in various products for varied applications across a wide spectrum of industries including automotive, consumer electronics, medical, industrial, to name a few.
Therefore, the demand to automate every product which can sense, feel and act is continuously encouraging inovation in a variety of sensors. What is more, the suppiers are also having renewed focus from mature markets of North America and Europe towards emerging markets such as India, China, Indonesia and Thailand. According to the study, the emerging economies hold humungous growth potential for sensor applications.
'India Sensors Market Forecast & Opportunities, 2018' says that the Indian sensors market is growing in a frenetic pace with the fastest growing segments being gas sensors, image sensors, accelerometers and position sensors. The continuous technological innovation and increasing application areas for these sensors are increasing their demand in the market. In India, automotive and consumer electronics industry are contributing a lion's share to the demand for sensors. Bedised that, the growth of industrial sector, which is mainly driven by burgeoning number of process industries and introduction of Micro Electro Mechanical Systems sensors, which will add to the momentous growth of sensors market in the country.
'India Sensors Market Forecast & Opportunities, 2018' says that the Indian sensors market is growing in a frenetic pace with the fastest growing segments being gas sensors, image sensors, accelerometers and position sensors. The continuous technological innovation and increasing application areas for these sensors are increasing their demand in the market. In India, automotive and consumer electronics industry are contributing a lion's share to the demand for sensors. Bedised that, the growth of industrial sector, which is mainly driven by burgeoning number of process industries and introduction of Micro Electro Mechanical Systems sensors, which will add to the momentous growth of sensors market in the country.
India Sensors Market Forecast & Opportunities, 2018 report elaborates on particulars such as India Sensor Market Size, Share and Forecast; Segmental Analysis - Touch, Image, Pressure, Motion, Position, Temperature, Moisture & Gas Sensors Markes; Changing Market Trends & Emerging Opportunities; Pricing Analysis & Emerging Application Areas and Competitive Landscape & Strategic Recommendations.
Why You Should Buy This Report
- To gain an in-depth understanding of sensors market in India
- To identify the on-going trends and anticipated growth in the coming years
- To help industry consultants, sensor manufacturers and stakeholders to align their market-centric strategies
- To obtain research based business decision and add weight to presentations and marketing materials
- To gain competitive knowledge of leading players
- To avail ten percent customisation in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Report Methodology
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with sensor manufacturers, distributors and industry personnel. Secondary research included an exhaustive search of relevant publications like paid databases and annual reports. For buyng the comprehensive report, visit researchandmarkets.com.
Why You Should Buy This Report
- To gain an in-depth understanding of sensors market in India
- To identify the on-going trends and anticipated growth in the coming years
- To help industry consultants, sensor manufacturers and stakeholders to align their market-centric strategies
- To obtain research based business decision and add weight to presentations and marketing materials
- To gain competitive knowledge of leading players
- To avail ten percent customisation in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Report Methodology
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with sensor manufacturers, distributors and industry personnel. Secondary research included an exhaustive search of relevant publications like paid databases and annual reports. For buyng the comprehensive report, visit researchandmarkets.com.
See more latest news From Asia on Automobile,Technology, Agriculture, Finance, Lifestyle, Healthcare
Follow me on twitter for more Daily updates
For more reports from Asia www.search.dowellresearch.com
For any Market research consulting services www.dowellresearch.com
No comments:
Post a Comment