AI & IoT are transforming the Electronics Industry
The role of startups in Electronics industry is immense. They are scaling-up the application of AI & IoT in almost all types of electrical appliances. In order to live & enjoy a safer tomorrow, today we need to plan for a better world. This will be possible only when we advance ourselves by adapting more sustainable and eco-friendly manufacturing process & techniques as well as producing cost-effective products and materials. In order to lead a sustainable life, companies like Bajaj, Havells India, Godrej & Boyce Manufacturing, and startups like Leksa Lighting Technologies, Colorhome Smart Lighting and so on are employing AI & IoT in the designing and fabrication processes.
Undoubtedly, Electronics market is evolving its standards with high-end trends that are not only affordable in fact they are revolutionizing all the sub sectors of the industry. AI & IoT are successfully enabling smart practices and these two technologies are the growth drivers for the industry, as they are improving the efficiency, durability, and sustainability of industrial and consumer electronics.
As we all know, startups are the innovators, they are comprehensibly emerging with effective trends such as advanced electronic materials, organic electronics, embedded systems, printed electronics, advanced IC packaging, miniaturized electronics, 3d printing, and immersive technologies. 3d printing is booming because of its decentralized production and rapid prototyping capabilities. Printed electronics is gaining attraction among the consumers. Not only this, organic electronics are in high demand due to the usage of materials which are safe and more abundantly available raw materials, they help in promoting sustainability. Therefore, Startups are contributing in increasing the performance, quality and efficiency by developing silicon alternatives and other semiconductor materials or composites such as graphene and nanomaterials.
There is no end for innovation as this is just a beginning in transforming the world to a better place. With advanced solutions and technology, the electronics industry is shedding out old traditions and scrutinizing the new one’s which are more reliable, affordable and sustainable.
Undoubtedly, Electronics market is evolving its standards with high-end trends that are not only affordable in fact they are revolutionizing all the sub sectors of the industry. AI & IoT are successfully enabling smart practices and these two technologies are the growth drivers for the industry, as they are improving the efficiency, durability, and sustainability of industrial and consumer electronics.
As we all know, startups are the innovators, they are comprehensibly emerging with effective trends such as advanced electronic materials, organic electronics, embedded systems, printed electronics, advanced IC packaging, miniaturized electronics, 3d printing, and immersive technologies. 3d printing is booming because of its decentralized production and rapid prototyping capabilities. Printed electronics is gaining attraction among the consumers. Not only this, organic electronics are in high demand due to the usage of materials which are safe and more abundantly available raw materials, they help in promoting sustainability. Therefore, Startups are contributing in increasing the performance, quality and efficiency by developing silicon alternatives and other semiconductor materials or composites such as graphene and nanomaterials.
There is no end for innovation as this is just a beginning in transforming the world to a better place. With advanced solutions and technology, the electronics industry is shedding out old traditions and scrutinizing the new one’s which are more reliable, affordable and sustainable.
