India PIR sensor switch market is
expected to grow at a significant CAGR during the forecast period,
FY2023-FY2027F. Increasing demand for home automation is
considered as a major driver for the high demand for PIR sensor switches. PIR
sensor switches help to save electricity consumption coupled with growing
adoption of IoT for automation is propelling the growth of the market.
Benefit of using passive infrared
sensor switches is that they consume lower amount of power and can be activated
by airflow. Rise in demand for the military and aerospace devices, medical
equipment, smart phones, and motion enabled industrial machineries are boosting
the demand for PIR sensor switch market in India. Surge in government
initiative to promote the construction and infrastructure development
activities to cater to the needs of rising population is influencing the growth
of the market. Rising demand for public construction projects which requires
the installation of taps, automatic doors, escalators, among others require the
integration of passive infrared sensor thereby boosting the growth of the PIR
sensor switch market in the country in the next five years.
India PIR sensor switch market is
segmented into connectivity,
application, end user, regional distribution, and company. Based on connectivity,
market is further bifurcated into wired and wireless. The wireless segment is
expected to account for major market share in the forecast period, due to its convenience
for the consumers and high demand for wireless products. It detects motion in
dark and light conditions for indoor spaces and provides security by detecting
suspicious objects.
The major players operating in the
India PIR sensor switch market are 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, and others. Major companies are
developing advanced technologies and launching new products to stay competitive
in the market. Other competitive strategies include mergers & acquisitions
and new product developments.
Years considered for this report:
Historical Years: FY2017-FY2020
Base Year: FY2021
Estimated Year: FY2022E
Forecast Period: FY2023–FY2027F
Objective of the
Study:
- To analyze the historical growth in the market
size of India PIR sensor switch market from FY2017 to FY2021.
- To estimate and forecast the market size of India
PIR sensor switch market from FY2022 to FY2027F and growth rate until FY2027F.
- To classify and forecast India PIR sensor
switch market based on connectivity, application, end user, regional distribution,
and company.
- To identify dominant region or segment in the India
PIR sensor switch market
- To identify drivers and challenges for India PIR
sensor switch market
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in India
PIR sensor switch market.
- To identify and analyze the profile of leading
players operating in India PIR sensor switch market.
- To identify key sustainable strategies adopted
by market players in India PIR sensor switch market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers who
could not be identified due to the limitations of secondary research. TechSci Research
analyzed the manufacturers, distribution channels and presence of all major
players across India.
TechSci Research calculated the market size of India PIR sensor switch market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- PIR sensor switch manufacturing
companies
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to PIR sensor switch market
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, India PIR sensor
switch market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
·
India PIR Sensor Switch Market, By
Connectivity:
- India PIR Sensor Switch Market, By Application:
- Lighting System
- HVAC
- Security & Surveillance
- Others
- India PIR Sensor Switch Market, By End User:
- Residential
- Commercial
- Industrial
- India PIR Sensor Switch Market, By Region:
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India PIR sensor switch market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
India PIR sensor switch
market is an upcoming report to be released soon. If you wish an early delivery
of this report or want to confirm the date of release, please contact us at [email protected]