100 July 2017 | ElEctronics For you http://www.EFymag.comBluetooth Smart used the most
for device connectivity
On The Move
India: electronics demand-supply gap
to touch $300 billion by 2020
Video surveillance market to grow 13 per cent annually
Make in indiaIndustry News
JSW Energy appoints
Jain as CEO
JSW Energy has appointed
Prashant Jain as its joint
managing director and chief
executive officer. A result-
oriented professional with an
experience of over twenty-five
years and a strong passion
for innovation, Jain will be
responsible for developing
and executing strategic and
business planning activities and
overseeing all aspects of the
company’s business.The Bluetooth Smart and Smart
Ready market is expected to be
worth $5.34 billion by 2023, grow-
ing annually at 2.23 per cent be-
tween 2017 and 2023—according
to a report by MarketsandMarkets.
Factors driving the growth of this
market include rising demand for
Bluetooth Smart and Smart Ready
in consumer electronics such as
smartphones and PC peripherals,
growing Internet of Things (IoT)
applications, and cost-efficient
devices that consume less power.
Consumer electronics is the
biggest market for Bluetooth
technology with a multitude of
Bluetooth Smart Ready devices.
Different technologies, such as
ZigBee, Wi-Fi, NFC, ANT+ and
Bluetooth, are used by consumers
to connect their devices such as
smartphones, tablets and desk-
tops. Among these technologies,
Bluetooth LE, marketed as Blue-
tooth Smart, is the most widely
used as it is simple and secure,
and consumes less power.The demand of electronic prod-
ucts in India is expected to grow
annually at 41 per cent during
2017-20 to reach $400 billion by
- The domestic production,
which is currently growing an-
nually at 27 per cent, may touch
$104 billion, leaving a huge gap
for import to the extent of $300
India’s video surveillance mar-
ket will grow annually at nearly
13 per cent during 2017-23—
forecasts Research and Markets.
The Northern region registered
the highest revenue in 2016 with
states of Delhi NCR, Haryana,
Punjab, Uttaranchal and Uttar
Pradesh being the major con-
tributors.
billion, according to a joint
study brought out by ASSO-
CHAM and NEC.
The investments in electron-
ics manufacturing, which were
just ` 110 billion in June 2014,
increased exponentially to
` 1278.80 billion in 2016—due
to the government’s efforts toIndia’s electronics security
and surveillance market has
grown considerably over the last
few years due to rising security
concerns and sustained growth
of infrastructure in the country.
The constant threat of terrorist
attacks post Mumbai attack in
2008 as well as attack on the In-
dian Parliament has necessitatedcreate an enabling policy eco-
system through initiatives like
Make in India and Digital India,
and special focus to schemes like
the Modified Special Incentive
Package Scheme and Electronic
Development Fund.
However, even though there
are signs of promising growth,
the local production of elec-
tronic products needs to be
increased significantly to meet the
domestic demand.the deployment of surveillance
systems in both public- and
private-sector buildings.
Although analogue based sur-
veillance systems have accounted
for majority of market revenues,
growing awareness along with
declining prices is likely to drive
IP-based surveillance system sales
over the coming years.