SPOTLIGHT ON INDIAN ELECTRONICS Spotlight on Indian Electronics | Page 253

HIGH PRIORITY MARKET

India Sensors Market Forecast and Opportunities, 2020

Key Players in India

Accent Controls( P) Ltd. Plot No. B-99, Road No. 27, Shanti Nagar, Wagle Estate, Thane- 400 0604 T: 022-25822141; E: info @ accentsensors. com W: accentsensors. com
Sensors India 2151 / 10, T-5, New Patel Nagar, New Delhi- 110008; T: + 91-11-25701146 E: sensor @ sensorsindia. com W: sensorsindia. com
Autonics Automation India Pvt. Ltd G174, 175, Haware Fantasia Business Park, Vashi, Sector 30A, Vashi, Mumbai- 400703 T: 022-27814305; E: india @ autonics. com W: autonics. co. in
Katlax Enterprises Private Limited Block # 117,119, Santej- Vadsar Road, Santej, Tal. Kalol, Dist. Gandhinagar- 382 721, T: + 91- 02764-286784 – 85 E: info @ katlax. com, W: katlax. com
Turck India Automation Private Limited Near Cummins Complex, opp My world building, Balewadi-link road, Baner, Pune, T: 077689 33005, E: india @ turck. com W: turck. co. in
JUMO India Pvt. Ltd. Spaze Platinum Tower, 1021, Sector 47, Sohna Road, Gurgaon- 122018 Haryana T: + 91-124-4980169; E: info. in @ jumo. net, W: www. jumo. in
Frauscher Sensor Technology India Private Limited Level 1, Nitesh Timesquare, No. 8, M. G Road, Bangalore – 560001, T: + 91-80-49433100; E: office @ in. frauscher. com; W: frauscher. in
Sunpro Instruments( india) Private Limited Plot No. 585, B- 9, Kumar Ashiyana, Panmala Sinhagad Road, Pune- 411030, Maharashtra, T: + 91-20-24321242 E: sunproinst @ gmail. com W: sunprosinstruments. com
Tempsens Instruments( I) Pvt. Ltd B-188 A, Road No. 5, MIA, Madri, Udaipur- 313 003( Rajasthan) INDIA T: + 91-294-3057700 E: info @ tempsens. com W: tempsens. com
Trumen Technologies Pvt. Ltd 86, Tilak Path, Rambagh Indore- 452 007 MP T: + 91-731-6562425, + 91-731-2435106 E: sales @ trumen. in, W: trumen. in
India sensors market is one of the
Forecast & Opportunities, 2020”, the
fastest growing markets in Asia-Pacific.
country’ s sensor market is projected to
Rising security concerns and growing
grow at a CAGR over 20 % through
trend towards miniaturization are
2020. Consumer electronics,
shifting the focus of consumers to smart
automotive, industrial and healthcare
devices, which make extensive use of
sectors are the key application areas for
various sensors, in particular, touch and
sensors in the country. In addition,
image sensors. Increase in sales of
adoption of MEMS technology in
consumer electronics and medical
sensors is growing across various new
devices is also contributing to growth of
application segments. Growing trend of
sensors market in the country. Further,
Internet-of-things( IOT), to connect
automation in manufacturing sector is
physical objects wirelessly to internet, is
being driven by growing need for energy
also boosting use of sensors in physical
efficiency and complying with related
objects. Growing use of combination
government regulations. As sensors
inertial sensors in Heating, Ventilation
help in reducing energy consumption
and Air-Conditioning( HVAC) industry is
and wastage, while also reducing
also one of the major drivers for the
maintenance costs, the manufacturers
sensors market in the country. In 2014,
are increasingly installing sensors in
STMicroelectronics held the largest
their manufacturing units.
share in the country’ s sensors market.
According to“ India Sensors Market
India Sensors Market to Grow at over 20 % through 2020
Increasing demand for safety solutions
automation and frequent criminal
coupled with growing sales of consumer
activities, have resulted in higher
electronics to drive sensor demand in
demand for security products and
India through 2020. According to a
services. Electronic security equipment
recently released TechSci Research
market is increasing shifting towards
report,“ India Sensors Market Forecast
integrated security solutions comprising
and Opportunities, 2020”, the country’ s
multiple systems including video
sensors market in India is projected to
analytics, access control, HVAC,
register a CAGR of over 20 % during
chemical and biological sensors, image
2015-20. The market is expected to
sensors, etc., thereby boosting the
witness tremendous growth on account
demand for sensors in the country. India
of rising automotive sales, growing need
sensors market is being dominated by
for automatization in industries,
major global sensor players, which
increasing security concerns and
operate in the country through
ongoing technological developments in
subsidiaries and design centers.
consumer electronics. Over the past few
“ Growing trend of miniaturization is
years, India has witnessed robust
resulting in rapid technological
growth in adoption of high-end
advancements and digitization, making
technology products such as tablet PCs,
consumer electronic products smaller
smartphones and wearable devices,
and smarter. Moreover, sensor
which make extensive use of touch and
technology has undergone radical
image sensors. Working professionals,
changes, globally, during the last few
especially younger population, are
years, which has been driving use of
increasingly shifting towards portable
sensors in consumer electronics.
and smart devices, which are easy-to-
Increasing demand for compact and
carry and use, as well as efficient and
lighter product versions offering better
accurate. In consonance with these
functionality is pushing manufacturers
factors, the market for smartphones and
to innovate and use combination sensor
tablets is expected to continue to grow
technologies, thereby driving the
over the forecast period, simultaneously
sensors market in India.”, said Mr. Karan
driving demand for sensors.
Chechi, Research Director with TechSci
Growing concerns regarding safety and
Research, a research based global
security across residential, commercial
management consulting firm.
and industrial segments, due to factory
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