Market Research Report
India Home Automation Market, by Application, End-User, Companies & Forecast
|Published by||Renub Research||Product code||449976|
|Published||Content info||143 Pages
Delivery time: 1-2 business days
|India Home Automation Market, by Application, End-User, Companies & Forecast|
|Published: May 8, 2018||Content info: 143 Pages||
India Home Automation market will be more than INR 55,000 Crore by 2024. Driving force for India home automation market are growing internet penetration, upgradation in network infrastructure, decreasing home automation products price and increasing disposable income. Home automation is one of the most attractive things for general users. At present, it is not limited in metro cities only but this market has great potential in tier I and tier II cities too.
Increasing number of startup in home automation business provides the opportunities for users to get products in low price as increasing number of players has increased competition among the players. Home Automation in India is generating huge prospect not only for automation companies in India, but also for multinational companies "Trail and get experience with low cost products" are best method for novice users. Most of the Indians, partially installed home automation products in their home; starting from lighting and security products.
Renub Research report titled "India Home Automation Market, by Application [Lighting, Security, Heating, Ventilating & Air Conditioning (HVAC), Entertainment], End-User (Residential, Commercial & Hospitality), Companies (Larsen & Toubro, Schneider Electric, Johnson Controls, AMX LLC, Crestron Electronics, Home Brain, Pert, Silvan Innovation Labs, Oakter) & Forecast" provides a complete analysis of India Home Automation Market.
There are four segments which have been studied thoroughly in this report namely Lighting, Security, Heating, Ventilating & Air Conditioning (HVAC), and Entertainment. It is found that Lighting and Security together account for more than 80% of the current India Home Automation Market. Rest 15% of the market has been occupied by both Entertainment and HVAC (Heating, Ventilating and Air Conditioning).
Residential and Commercial sectors account for majority of India Home Automation Market. In the home automation market, it is the residential sector that is making the significant waves on security and lighting controls.
Larsen & Toubro, Schneider Electric, Johnson Controls, AMX LLC, Crestron Electronics, Home Brain, Pert, Silvan Innovation Labs and Oakter are some of the companies operating in the India Home Automation Market; which has been studied thoroughly in this report.
This market research report provides a complete analysis of the India Home Automation Market, Growth Drivers, Challenges, and their projections for the upcoming years.