Product Code: ETC4434385 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India building automation systems market import shipments saw a steady expansion with a CAGR of 8.9% from 2020 to 2024. Notably, the growth rate surged by 13.2% between 2023 and 2024, indicating an accelerating upward trend and strong market momentum during the period.
Building automation systems are advancing in India, primarily in commercial and residential buildings. These systems integrate various technologies to control and monitor building functions, such as lighting, HVAC, security, and energy management. The adoption of building automation systems is driven by the need for energy savings, enhanced security, and improved occupant comfort in modern buildings.
The India Building Automation Systems market is driven by the desire for smart and efficient building management. These systems integrate various building functions, including lighting, security, HVAC, and energy management. With the need for energy savings, enhanced security, and the overall comfort of occupants, building automation systems are instrumental in modern construction projects.
The India Building Automation Systems Market encounters challenges related to infrastructure development, technology integration, and cybersecurity. As India urban areas expand and modernize, the demand for smart buildings and automation systems grows. However, many older buildings lack the necessary infrastructure for seamless integration of these technologies, leading to retrofitting complexities and increased costs. Moreover, ensuring the interoperability of various systems, such as lighting, HVAC, security, and energy management, is a significant challenge. The increasing reliance on digital technology also raises concerns about cybersecurity, as connected systems become vulnerable to cyberattacks and data breaches. Securing these systems and safeguarding sensitive information is an ongoing challenge in the market.
The building automation systems market in India is expected to witness continued growth as businesses and building owners seek to optimize energy consumption, improve security, and enhance occupant comfort. The pandemic emphasized the importance of remote monitoring and control of building systems.
In the India building automation systems market, some of the key players include Schneider Electric, Siemens AG, Honeywell International Inc., Johnson Controls, and Delta Controls.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Building Automation Systems Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Building Automation Systems Market Revenues & Volume, 2021 & 2031F |
3.3 India Building Automation Systems Market - Industry Life Cycle |
3.4 India Building Automation Systems Market - Porter's Five Forces |
3.5 India Building Automation Systems Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.6 India Building Automation Systems Market Revenues & Volume Share, By Communication Technology , 2021 & 2031F |
3.7 India Building Automation Systems Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Building Automation Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient buildings in India |
4.2.2 Government initiatives promoting smart cities and sustainable development |
4.2.3 Technological advancements in IoT and AI for building automation systems |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing building automation systems |
4.3.2 Lack of awareness and skilled professionals in the market |
4.3.3 Concerns regarding data security and privacy in smart buildings |
5 India Building Automation Systems Market Trends |
6 India Building Automation Systems Market, By Types |
6.1 India Building Automation Systems Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 India Building Automation Systems Market Revenues & Volume, By Offering , 2021-2031F |
6.1.3 India Building Automation Systems Market Revenues & Volume, By Facility Management Systems, 2021-2031F |
6.1.4 India Building Automation Systems Market Revenues & Volume, By Security & Access Controls, 2021-2031F |
6.1.5 India Building Automation Systems Market Revenues & Volume, By Fire Protection Systems, 2021-2031F |
6.1.6 India Building Automation Systems Market Revenues & Volume, By BEM Software, 2021-2031F |
6.1.7 India Building Automation Systems Market Revenues & Volume, By BAS Services, 2021-2031F |
6.2 India Building Automation Systems Market, By Communication Technology |
6.2.1 Overview and Analysis |
6.2.2 India Building Automation Systems Market Revenues & Volume, By Wireless Technology, 2021-2031F |
6.2.3 India Building Automation Systems Market Revenues & Volume, By Wired Technology, 2021-2031F |
6.3 India Building Automation Systems Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Building Automation Systems Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.3 India Building Automation Systems Market Revenues & Volume, By Residential, 2021-2031F |
6.3.4 India Building Automation Systems Market Revenues & Volume, By Industrial, 2021-2031F |
7 India Building Automation Systems Market Import-Export Trade Statistics |
7.1 India Building Automation Systems Market Export to Major Countries |
7.2 India Building Automation Systems Market Imports from Major Countries |
8 India Building Automation Systems Market Key Performance Indicators |
8.1 Energy savings achieved through the implementation of building automation systems |
8.2 Percentage increase in the adoption of IoT devices in buildings |
8.3 Number of new building automation projects initiated in key cities in India |
8.4 Improvement in building efficiency and occupant comfort levels |
8.5 Reduction in maintenance costs for buildings equipped with automation systems |
9 India Building Automation Systems Market - Opportunity Assessment |
9.1 India Building Automation Systems Market Opportunity Assessment, By Offering , 2021 & 2031F |
9.2 India Building Automation Systems Market Opportunity Assessment, By Communication Technology , 2021 & 2031F |
9.3 India Building Automation Systems Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Building Automation Systems Market - Competitive Landscape |
10.1 India Building Automation Systems Market Revenue Share, By Companies, 2024 |
10.2 India Building Automation Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |