1. Home
  2. > Manufacturing
  3. > Electronic Component Market Trends
India Industrial Sensors and Transmitters Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

India Industrial Sensors and Transmitters Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

  • October 2021
  • 108 pages
  • ID: 6177384
  • Format: PDF
  • Mordor Intelligence LLP

Summary

Table of Contents

Search Inside

India Industrial Sensors and Transmitters Market is valued at over USD 1049.45 million in 2020, and it is expected to reach USD 6369.04 million by 2026, registering a CAGR of 35.17%, during 2021-2026. Increasing competition among various end-users to stay competitive by introducing world-class manufacturing facilities, and increasing consumer demand for superior quality products and concerns over human intervention, are expected to drive the growth of the market.

Key Highlights
Further, the demand for automation in government-deemed essential industries, such as food and beverage, manufacturing, and pharma, is increasing, primarily due to the lack of workforce and the requirement for remote monitoring and working, which has fueled the demand for various sensors.
Industrial sensors are a crucial part of factory automation and Industry 4.0. Sensors such as motion, environmental, and vibration sensors are used to monitor the health of equipment, from linear or angular positioning, tilt sensing, leveling, shock, or fall detection. India’s industries are positioned to augment their operations economically and demographically, serving domestic interests and export possibilities, which are set to rise in the near future.
The Government of India plans to make automobile manufacturing a primary driver as a part of the ’Make In India’ scheme. The Auto Mission Plan (AMP) 2016-26 estimates that the passenger vehicles’ market will triple to 9.4 million units by 2026, and this factor is expected to raise the adoption of sensors in the region. Companies are also expanding their operations to improve their positions in the markets they operate. For example, Gurgaon-based auto component supplier Minda Industries partnered with two Chinese subsidiaries of the US-based company Sensata and purchased wheel speed sensors required to optimize their portfolio.
Manufacturers in the Indian automotive industries are struggling to meet the demand for electric vehicles (EVs) with automated driving. As the prevalence of mixed production lines containing both human workers and sensors increases, the need for proximity sensors with suitably long sensing ranges will also rise. According to the Society of Indian Automobile Manufacturers (SIAM), approximately 3.1 million passenger vehicles were produced across India as per their 2021 report. However, the automobile industry within the country witnessed a slowdown due to an economic slump and the impact of the coronavirus pandemic. The market is nonetheless expected to grow further with the application of sensors in the production line across the country.
The number of motor vehicles manufactured in India has been on a positive trajectory with few variations. According to the Ministry of Heavy Industries and Public Enterprises and SIAM India, the growth rate in domestic automobile production across India was about 6.3% in 2019. Passenger vehicle production in India saw a decline in 2020, with leading manufacturers having to reduce output to prevent inventory overloads due to the pandemic.

Key Market Trends

Flow Sensors are expected to be higher in demand, thereby driving the growth of the market.

Flow Sensors are components that can measure the flow of a fluid, such as a gas or liquid. These sensors utilize both mechanical and electrical subsystems to measure changes in the fluid’s physical attributes and calculate its flow. In India, the adoption of flow sensors is widely seen in various end-user industries, including pharmaceutical, automotive, oil and gas, chemical, water and wastewater, manufacturing, power generation, chemical, and others.
These sensors are distinguished by the type of technologies that are used to measure flow. The technologies include Coriolis, Differential Flow, Ultrasonic, Vortex, and others. There has been significant development in technologies, such as ultrasonic, to operate in harsh environments with precision.
In May 2020, Fuji Electric India launched a clamp-on type Ultrasonic Flow Meter for saturated steam, as a lot of industries run on steam, including power plants and food processing factories in India. With this launch, Fuji Electric now offers a comprehensive range of flow meters for customers in India for steam, fluids, and air, all designed with efficiency and optimization, offering accurate measuring. These can measure steam flow rate at very low pressures from 0.1 to 0.9 MPag. Fuji Electric in India has manufacturing facilities located in Chennai, Pune, and Bhiwandi.
Similarly, in August 2020, Panasonic Corporation, which has various operations in India, announced that it had developed an ultrasonic gas flow and concentration sensor designed for hydrogen. The sensor enables the measurement of the flow rate and concentration of hydrogen under humid conditions.
With the application of Internet of Things technology in the industrial field, the Industrial IoT has become the direction and trend of development. Gas flow sensors are widely used in the field of industrial automation, natural gas, metallurgy, mining, petroleum, aviation, industrial packaging, industrial cleaning, and other fields. Also, the need for flow measurement in oil and gas in response to stringent regulations related to the control of emission of toxic gas from power plants is propelling the adoption of flow sensors in the region.

Chemicals and Fertilizers sector is expected to witness higher growth and opportunities in the market.

The pressure sensor is one of the most commonly utilized measurement devices in the chemical industry’s automatic control. Almost all pressure sensor applications, including differential pressure, absolute pressure, gauge pressure, high pressure, differential pressure, high temperature, low temperature, and remote transmission flange pressure sensors of various materials and special processing, are used in large-scale chemical projects. It can be observed that the chemical industry’s demand for pressure sensors is expressed in four aspects: measurement precision, fast response, temperature, and static pressure characteristics, and long-term stability.
According to DCP India Private Limited, During the first half of 2021, the production volume of major chemicals across India was around 4.8 million metric tons. As of 2020, India was the sixth largest producer of chemicals in the world and the fourth largest in Asia.
Sensor assemblies that are explosion-proof (Ex d) or intrinsically safe (Ex I) are required in the Chemical industries, such as paints and flammable chemicals, because they deal with hydrocarbons and alcohols. Level, flow, pressure, and temperature measurements that are reliable and repeatable are critical for safe, accurate, and continuous process control. In order to monitor these processes, a variety of thermocouples, RTD sensors equipped with thermowells, infrared temperature sensors, and infrared thermal imaging are commonly utilized.
Temperatures in cracking and Sulphur recovery furnaces can range from cryogenic (far below zero) to over 800°C. Temperatures this high necessitate a diverse set of materials and sensor technologies. In applications below 600°C, RTD sensors provide a more precise reading and can be used repeatedly.
One of the most widely utilized automatic control devices in the chemical industry is the pressure transmitter. It includes virtually all pressure transmitter applications in large chemical projects, including differential pressure, absolute pressure, gauge pressure, pressure, differential pressure, high temperature, low temperature, and a variety of materials and special processing of remote flange Pressure Transmitters.
Liquid level sensors are employed in the Petrochemicals and Chemical factories to detect highly corrosive and acidic chemicals, ensuring that all operations run smoothly. Ultrasonic liquid level sensors are used in the petrochemical industry because they are non-contact devices that assure safety while detecting the quality of chemicals.

Competitive Landscape

India Industrial Sensors and Transmitters Market is concentrated with only a few players in the market. The players are seen to be increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development to stay ahead of the competition.

July 2021: The Digital University Kerala (DUK), in association with the Centre for Materials for Electronics Technology (C-MET), agreed to set up the country’s first Centre of Excellence in Intelligent Internet of Things (IIoT) sensors near Kochi. The Union Ministry of Electronics and Information Technology (MeitY) and the state IT department planned to set up the Centre of Excellence (CoE) together.
May 2021: The Optoelectronics Group of Vishay Intertechnology introduced a new fully integrated proximity sensor designed to increase efficiency and performance in consumer and industrial applications. The sensor comes in a compact 2.0 mm by 1.25 mm by 0.5 mm surface-mount package with a small 1.6 mm light hole.

Additional Benefits:

The market estimate (ME) sheet in Excel format
3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

MEMS Pressure Sensors Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)

  • $ 4750
  • January 2023
  • 182 pages

The MEMS pressure sensors market will register a CAGR of 6.20% during the forecast period. Industrial automation and demand for miniaturized consumer devices across regions, such as wearables and IoT-connected ...

  • World
  • Sensor
  • Industry analysis
  • Energy Consumption
  • Defense Expenditure

ref:plp2021

Reportlinker.com © Copyright 2023. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on