Market Forecast By Type (Temperature, NOx, Speed, Inertial, Image, Pressure, Position, Oxygen), By Applications (Powertrain, Safety and control, Telematics) And Competitive Landscape
Product Code: ETC070663 | Publication Date: Jun 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The electric vehicle sensors market in India is expected to witness a significant growth rate during the forecast period 2025-2031. This is attributable to various factors such as growing concerns over environmental issues, government initiatives and subsidies for adoption of electric vehicles (EVs), stringent emission norms, rapid urbanization and industrialization, increasing disposable incomes among consumers, etc. Additionally, rising investments from OEMs and other stakeholders are further driving the demand for advanced EV sensors across India.
Growing Concerns over Environmental Issues: The growing awareness regarding adverse effects of vehicular pollution on environment has prompted the Indian Government to initiate several measures towards reducing air pollution levels by promoting adoption of EVs across the country. This is likely to drive the demand for EV sensors solutions that would enable more efficient operations with minimal emissions impacting negatively on environment. Stringent Emission Norms: In order to reduce carbon emission levels in India, governmental authorities have implemented stringent regulations on conventional automobile manufacturers mandating them to switch their production lines towards manufacturing eco-friendly EVs instead of fuel powered vehicles which in turn will further increase the demand for EV sensor solutions within India`s automotive industry over coming years.
High Cost associated with Sensors Technology : The installation of advanced electronic components such as sensors into automobiles requires huge capital investment due to its expensive nature which poses a major hurdle in its widespread implementation into mass produced cars making it unaffordable option especially amongst budget conscious customers inhibiting overall growth prospects of this particular industry sector. Low Penetration Rate : Despite all these efforts ,the penetration rate remains still low especially due limited number availability charging points along with lack consumer confidence about how far an EV can travel per charge cycle is keeping potential buyers at bay thereby posing significant challenge ahead.
Increasing Focus towards Autonomous Vehicles : With advancements made in artificial intelligence & machine learning technology , automakers have started investing heavily towards development autonomous vehicles which require high quality & reliable data inputs generated through sophisticated sensors systems providing great opportunities ahead for this particular market segment during forecast period.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Electric Vehicle Sensors Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Electric Vehicle Sensors Market Revenues & Volume, 2021 & 2031F |
3.3 India Electric Vehicle Sensors Market - Industry Life Cycle |
3.4 India Electric Vehicle Sensors Market - Porter's Five Forces |
3.5 India Electric Vehicle Sensors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Electric Vehicle Sensors Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Electric Vehicle Sensors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Electric Vehicle Sensors Market Trends |
6 India Electric Vehicle Sensors Market, By Types |
6.1 India Electric Vehicle Sensors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Electric Vehicle Sensors Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 India Electric Vehicle Sensors Market Revenues & Volume, By Temperature, 2018 - 2031F |
6.1.4 India Electric Vehicle Sensors Market Revenues & Volume, By NOx, 2018 - 2031F |
6.1.5 India Electric Vehicle Sensors Market Revenues & Volume, By Speed, 2018 - 2031F |
6.1.6 India Electric Vehicle Sensors Market Revenues & Volume, By Inertial, 2018 - 2031F |
6.1.7 India Electric Vehicle Sensors Market Revenues & Volume, By Image, 2018 - 2031F |
6.1.8 India Electric Vehicle Sensors Market Revenues & Volume, By Pressure, 2018 - 2031F |
6.1.9 India Electric Vehicle Sensors Market Revenues & Volume, By Oxygen, 2018 - 2031F |
6.1.10 India Electric Vehicle Sensors Market Revenues & Volume, By Oxygen, 2018 - 2031F |
6.2 India Electric Vehicle Sensors Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Electric Vehicle Sensors Market Revenues & Volume, By Powertrain, 2018 - 2031F |
6.2.3 India Electric Vehicle Sensors Market Revenues & Volume, By Safety and control, 2018 - 2031F |
6.2.4 India Electric Vehicle Sensors Market Revenues & Volume, By Telematics, 2018 - 2031F |
7 India Electric Vehicle Sensors Market Import-Export Trade Statistics |
7.1 India Electric Vehicle Sensors Market Export to Major Countries |
7.2 India Electric Vehicle Sensors Market Imports from Major Countries |
8 India Electric Vehicle Sensors Market Key Performance Indicators |
9 India Electric Vehicle Sensors Market - Opportunity Assessment |
9.1 India Electric Vehicle Sensors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Electric Vehicle Sensors Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Electric Vehicle Sensors Market - Competitive Landscape |
10.1 India Electric Vehicle Sensors Market Revenue Share, By Companies, 2024 |
10.2 India Electric Vehicle Sensors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |