Security & Surveillance Segment is to Dominate the India PIR Sensor Switch Market until FY2027F
Technological advancements
and cost-effectiveness are expected to drive the India PIR sensor switch market
for the forecast period.
According to TechSci Research report, “India
PIR Sensor Switch Market By Connectivity (Wired and Wireless), By
Application (Lighting System, HVAC, Security & Surveillance, Others), By
End User (Residential, Commercial, Industrial), By Company, By Region, Forecast
& Opportunities, FY2027F”, the India PIR sensor switch market is expected
to witness steady growth for the next five years. Passive infrared (PIR) sensors
are electronic sensor devices which identify presence and motion of an object
or a person who are infrared emitting sources. Any object which exceeds the
temperature of absolute zero emits infrared light in form of heat.
Identification of different IR variations is detected by sensors when an object
collides with primary subject of infrared radiation detection. Dual technology
for motion sensors is expected to witness high demand. Infrared sensors are both
active and passive. Motion sensors are electronic devices which sense the
motion by analyzing the change in heat levels emitted by nearby objects. Motion
is traced when human passes through infrared element. There is high demand for
consumer electronics in India due to proliferation of smart devices and high
penetration of internet services which requires the application of PIR sensor
switch market thereby boosting the demand for the market. PIR sensors are
widely accepted in office settings as these can detect the movement and switch
on/off the lights and air conditioners. Integration of internet of things with
PIR sensor switches can drive multiple applications by sending status updates
to smart servers.
Due to the ongoing COVID-19 pandemic, lockdown was
imposed all over the country. Complete shutdown was observed, and people
started practicing social distancing and started following the precautionary
guidelines. Imposition of strict regulations and policies by leading
authorities led to huge losses for businesses. Manufacturing units were shut
down and loss of availability of skilled labors led to decline in the growth of
the market. Number of units imported or exported to other countries also
suffered huge losses. After the ban on the lockdown was lifted after the first
wave of coronavirus, companies are again operational with lower workforce
therefore lower volume production, and market is eventually expected to pick up
the pace.
However, factors like false alarm created by PIR
sensors in case of any kind of movement and high cost of the PIR sensors may hamper
the growth of the PIR Sensor Switch Market in India in the forecast period.
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India
PIR sensor switch market is segmented into connectivity, application, end user,
regional distribution, and company. Based on application, market is further
divided into lighting system, HVAC, security & surveillance, and others.
The security & surveillance segment is expected to account for major market
share for the forecast period. Rising theft cases and the growing consumer
awareness regarding integration of modern technology to ensure safety is fueling
the growth of the PIR sensor switch market. Advancements in technology and
rising disposable income among the middle-class families which is increasing
the expenditure capacity of consumers are the other significant factors accelerating
the demand of the PIR motion sensor switch market.
Walnut
Innovations, RS Components & Controls (I) Ltd., Lutron Electronics,
Ecoamica Tech LLP, Schneider Electric India Private Limited, DS Electronics,
Sensinova, Panasonic Life Solutions India Pvt. Ltd., Signify Holding are the
leading players operating in India PIR sensor switch market. Manufacturers are
increasingly focusing on research and development process to fuel higher growth
in the market. To meet evolving customer demand with respect to better
efficiency and durability, several PIR sensor switch manufacturers are coming
up with their technologically advanced offerings.
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“Growth
in demand for home and industrial automation to increase the convenience and
increase the productivity of both home and industry is the major driver for the
growth of the PIR motion sensor switch market. Surge in demand for motion
sensing applications in gaming sector is expected to create lucrative opportunities
for the growth of the PIR motion sensor switch market until 2026” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“India PIR Sensor Switch
Market By Connectivity (Wired and Wireless), By Application (Lighting System,
HVAC, Security & Surveillance, Others), By End User (Residential,
Commercial, Industrial), By Company, By Region, Forecast & Opportunities,
FY2027F” has evaluated the future growth potential of India PIR
sensor switch market and provided statistics & information on market size, shares,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the of India PIR sensor
switch market.
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