Digital technology is changing every aspect of our day-to-day life and electronics is the backbone of everything digital. There is no field left across the globe where one cannot find the usage of electronics. The global electronic products market reached a value of nearly $1,097.7 billion in 2019, having increased at a compound annual growth rate (CAGR) of 4.6% since 2015. The market is expected to grow from $1,078.3 billion in 2021 to $1,201.1 in 2023 at a CAGR of 5.5%. The market is expected to stabilize and reach $1,333.2 billion in 2025 and $1,713.6 billion in 2030. According to a collective survey by ASSOCHAM and NEC Corp, the electronics market of India is predicted to reach $400 billion by the year 2020 at a 41% CAGR rate.
Going forward, innovations in electronic products(embedded Systems), development of smart cities (IoT), growing demand for wireless audio devices and smart TVs, increasing use of electronic devices, rising demand for smartphones and tablets(embedded systems), rising demand for electronic components in display devices, and increasing adoption of internet of things (IoT) are expected to drive the electronics market. The rising interest of domestic consumers in Home Automation products and the advent of Building Energy Management System (BMS) has also created a new market with high growth potential. It is predicted that the jobs for engineers and other technicians in the electronics industry will grow by 7% from 2021 to 2026.
Ambit automation has evolved to be the best training institute in electronics-related Job Oriented courses in Kerala. We have a wide selection of Job oriented courses for Design and Development profiles for qualified engineers to installation, troubleshooting, and technician courses for entry-level profiles. We provide training in Building Energy Management System, Home Automation, Embedded System & Robotics, CCTV & Networking, Security Alarm System, Access Control System. We also have been able to provide placement opportunities nationally as well, as internationally. Some of placement partners have accredited us, as the best training provider in Building Management System and Automation. Our faculty is well experienced and our training methods are unique to develop the Skills of the aspirants and practical application of knowledge. Electronics is a promising growth-driven stream, and adequate knowledge in the field, when amalgamated with a specific skill set, offered by Ambit Automation qualifies the individual for a wide range of openings in the industry. Summing up, we have the experience and exposure in guiding an aspiring student of electronics to ensure that they select the right course which provides them good Job Oriented Training and a successful career.