Security & Surveillance Segment is to Dominate the India PIR Sensor Switch Market until FY2027
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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