Industry Statistics of Home Automation Industry in India
Home automation is a science which deals with a residence equipped with computing and information technology devices that anticipate and act in response to the needs of the residents; working towards enhancing their comfort, convenience, security, and entertainment through the up gradation of technology within the home. Home automation integrates all the devices in the house and gives its access to a single control pad which allows energy efficiency and ease to the people residing.
The home automation market in India is expected to grow with a CAGR of 23.63% in the coming six years. Metro cities like Delhi, Mumbai, and Hyderabad are some of the most potential cities where penetration has reached and is expected to increase further. The trend is followed by the mega cities like Bangalore, Ahmedabad.
The major players in the home automation market are:
- L&T
- Schneider Electric
- Johnson Control
- AMX
- Crestron.
The home automation market is just at a start with only the luxury oriented people approaching for automation. But with the reducing prices for automation and the energy efficiency affecting the people the home automation is soon going to be a market for all the segments of the people. The organized market accounts for more than half of the market and its share is expected to increase with major organized players investing in home automation market in India.
According to India Home Automation Market Outlook, 2021, the market for home automation market in India is at a nascent stage and is expected to reach new heights. Lighting, Security, Audio/video and HVAC are some of the applications that are involved in the home automation.
Different communicating technologies are used in the home automation market like Zigbee, Z- Wave, X10, Wi-Fi, Bluetooth etc. Zigbee dominates the market and is expected to remain the same till 2021.
Read more at: http://www.researchbeam.com/india-home-automation-overview-market
Table of Contents:
1. Executive Summary
2. Global Home Automation Market Outlook
3. India Home Automation Market Outlook
3.1. Market Size by Value
3.2. Market Share
3.3. Residential Segment Outlook
3.4. Commercial Segment Outlook
3.5. Hospitality Segment Outlook
3.6. India Lighting Market Outlook
3.7. India Security Market Outlook
3.8. India Audio/ Video Market Outlook
3.9. India HVAC Market Outlook
3.10. Pricing Analysis
4. Company Profiles
4.1. Eaton India
4.2. Control4 India Pvt. Ltd.
4.3. Johnson Controls India Pvt. Ltd.
4.4. L&T Electric & Home Automation
4.5. Creston Electronics India Pvt. Ltd.
5. Disclaimer
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