Product Code: ETC4459405 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India DIY home automation market import shipment demonstrated a steady growth trajectory with a notable CAGR from 2020 to 2024. However, there was a slight slowdown in the growth rate between 2023 and 2024. Overall, the market expanded consistently, showcasing a positive momentum over the period.
DIY home automation is gaining popularity in India as more homeowners seek to control and monitor their homes remotely. This market includes smart devices and systems that allow users to automate various home functions, such as lighting, security, and climate control. The convenience and security offered by these systems are driving market growth.
The DIY home automation market in India is expanding rapidly as homeowners seek to enhance convenience and security through smart technology. The market is driven by the affordability and ease of installation of DIY home automation devices, such as smart lighting, thermostats, and security systems. The growing middle-class population and the desire for energy efficiency contribute to the adoption of these systems. The availability of user-friendly apps and the integration of voice assistants like Alexa and Google Assistant further promote market growth.
Challenges in the DIY home automation market include technology knowledge and support. While DIY home automation systems are designed to be user-friendly, not all consumers possess the technical knowledge to install and troubleshoot these systems effectively. Providing adequate customer support and resources for users is crucial to address this challenge and ensure a positive user experience.
The DIY Home Automation Market in India experienced a surge during the pandemic. With more people spending time at home, there was a growing interest in automating household tasks, improving security, and enhancing entertainment systems. DIY home automation kits became popular, allowing individuals to customize their smart home experiences. The market saw an influx of new entrants seeking convenient and cost-effective ways to upgrade their homes, and this trend is expected to continue even as the pandemic subsides.
The do-it-yourself (DIY) home automation market in India has witnessed the entry of players such as Xiaomi India, Syska, and Oakter. These companies offer smart home automation solutions that allow homeowners to control and automate various devices, including lighting, security systems, and appliances, using user-friendly and affordable DIY kits.
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 DIY Home Automation Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India DIY Home Automation Market Revenues & Volume, 2021 & 2031F |
3.3 India DIY Home Automation Market - Industry Life Cycle |
3.4 India DIY Home Automation Market - Porter's Five Forces |
3.5 India DIY Home Automation Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.6 India DIY Home Automation Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 India DIY Home Automation Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 India DIY Home Automation Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 India DIY Home Automation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smart home technologies in India |
4.2.2 Growing awareness about energy efficiency and cost savings |
4.2.3 Rising disposable income and urbanization leading to higher demand for home automation solutions |
4.3 Market Restraints |
4.3.1 High initial costs of DIY home automation products |
4.3.2 Lack of technical expertise among consumers for installation and maintenance |
4.3.3 Concerns regarding data privacy and security with connected devices |
5 India DIY Home Automation Market Trends |
6 India DIY Home Automation Market, By Types |
6.1 India DIY Home Automation Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 India DIY Home Automation Market Revenues & Volume, By Offering, 2021-2031F |
6.1.3 India DIY Home Automation Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 India DIY Home Automation Market Revenues & Volume, By Software, 2021-2031F |
6.1.5 India DIY Home Automation Market Revenues & Volume, By Services, 2021-2031F |
6.2 India DIY Home Automation Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 India DIY Home Automation Market Revenues & Volume, By Networking Technologies, 2021-2031F |
6.2.3 India DIY Home Automation Market Revenues & Volume, By Wireless Communication Technologies, 2021-2031F |
6.2.4 India DIY Home Automation Market Revenues & Volume, By Wired Communication Technologies, 2021-2031F |
6.2.5 India DIY Home Automation Market Revenues & Volume, By Others, 2021-2031F |
6.3 India DIY Home Automation Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India DIY Home Automation Market Revenues & Volume, By DIY Shop, 2021-2031F |
6.3.3 India DIY Home Automation Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.3.4 India DIY Home Automation Market Revenues & Volume, By Online, 2021-2031F |
6.3.5 India DIY Home Automation Market Revenues & Volume, By Furniture, 2021-2031F |
6.3.6 India DIY Home Automation Market Revenues & Volume, By Other Physical Stores, 2021-2031F |
6.4 India DIY Home Automation Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 India DIY Home Automation Market Revenues & Volume, By Government Organizations, 2021-2031F |
6.4.3 India DIY Home Automation Market Revenues & Volume, By IT, 2021-2031F |
6.4.4 India DIY Home Automation Market Revenues & Volume, By Construction, 2021-2031F |
6.4.5 India DIY Home Automation Market Revenues & Volume, By Residential, 2021-2031F |
6.4.6 India DIY Home Automation Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.7 India DIY Home Automation Market Revenues & Volume, By Others, 2021-2031F |
7 India DIY Home Automation Market Import-Export Trade Statistics |
7.1 India DIY Home Automation Market Export to Major Countries |
7.2 India DIY Home Automation Market Imports from Major Countries |
8 India DIY Home Automation Market Key Performance Indicators |
8.1 Number of new smart home device launches in the Indian market |
8.2 Growth in the number of DIY home automation tutorials and guides available online |
8.3 Increase in the number of smart homes equipped with DIY automation solutions |
8.4 Consumer satisfaction ratings and reviews for DIY home automation products and services |
8.5 Adoption rates of DIY home automation systems among different demographic segments in India |
9 India DIY Home Automation Market - Opportunity Assessment |
9.1 India DIY Home Automation Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.2 India DIY Home Automation Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 India DIY Home Automation Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 India DIY Home Automation Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 India DIY Home Automation Market - Competitive Landscape |
10.1 India DIY Home Automation Market Revenue Share, By Companies, 2024 |
10.2 India DIY Home Automation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |