Growing government initiatives, increasing construction market, rising demand for next-generation electronic security and lighting control systems are some of the key factors that have resulted in the overall growth of the building automation and control market in India. Building automation systems registered maximum installation across areas such as commercial offices, shopping centers, residential, hotels, and hospitals in 2016.
According to 6Wresearch, India building automation & control systems market size is expected to grow at a CAGR of over 12.5% during 2017-23. In India, safety & security systems contribute to the maximum revenue followed by HVAC systems and are expected to maintain their dominance in the market during the forecast period due to a huge amount of installation in the government & transportation, hospitality, and other verticals. In the safety & security segment, the fire & safety equipment led the market due to government regulation for mandatory installation of fire and safety systems in the commercial buildings, offices, metros, and airports.
The Government & transportation vertical acquired the majority of the India building automation & control systems market share in 2016 due to the installation of fire safety and surveillance systems.
The India building automation & control systems market report thoroughly covers the market by Building Automation System types, verticals, and regions. The India building automation & control systems market outlook report provides an unbiased and detailed analysis of the India building automation & control systems market trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
India building automation and control market is anticipated to register sound growth throughout the forecast period 2020-26F on the back of multiplying growth of the transportation and government vertical in the country, which is instigating high-end deployment of fire safety, management and surveillance systems. Building automation and control systems have been embedded as a contemporary built environment solution and are gaining traction in the overall Indian market. With an increase in the rise of the infrastructure and a spur in the construction activities in the country, the India building automation and control market is anticipated to embrace lucrative opportunities for growth in the coming years. Moreover, owing to the rising demand for energy and operational efficiency for better building management, along with an increase in sustainability, the India building automation and control market is anticipated to witness traction in the coming years. Also, owing to an increase in the management, automation, and field device level sustainability, the building automation, and control market is anticipated to embrace lucrative growth prospects in the coming years across the Indian borders.
Key Highlights of the Report:
- India Building Automation & Control Systems Market Overview
- India Building Automation & Control Systems Market Outlook
- India Building Automation & Control Systems Market Forecast
- Historical data of Global Building Automation System Market for the Period 2015-2016
- Market Size & Forecast of Global Building Automation System Market until 2023
- Historical data of India Building Automation System Market Revenues for the Period 2015-2016
- India Building Automation & Control Systems Market Size & India Building Automation & Control
- Systems Market Forecast of Revenues, until 2023
- Historical data of India HVAC System Market Revenues for the Period 2015-2016
- Market Size & Forecast of India HVAC System Market Revenues until 2023
- Historical data of India Lighting Control Market Revenues for the Period 2015-2016
- Market Size & Forecast of India Lighting Control Market Revenues until 2023
- Historical data of India Safety & Security Market Revenues for the Period 2015-2016
- Market Size & Forecast of India Safety & Security Market Revenues until 2023
- Historical data of India Building Automation & Control Systems Market Revenues for the Period 2015-2016
- Market Size & Forecast of India Building Automation & Control Systems Market Revenues, until 2023
- Historical data of India Building Automation System Market Revenues, By Regions for the Period 2015-2016
- Market Size & Forecast of India Building Automation System Regional Market Revenues until 2023
- India Building Automation & Control Systems Market Trends and Developments
- Market Opportunity Assessment
- India Building Automation & Control Systems Market Share by Players
- India Building Automation & Control Systems Market Overview on Competitive Landscape
- Recommendations
Markets Covered
The India building automation & control systems market report provides a detailed analysis of the following market segments:
Types:
- HVAC Systems
- Thermostat Controller
- Zone & Climate Control
- Temperature Sensors
- Others
2. Lighting & Control Systems
- Relay System & Controllable Breaker
- Sensors & Dimming Systems
- Others
3. Safety & Security Systems
- Video Surveillance Systems
- Access Control Systems
- Intrusion Detection Systems
- Fire & Safety Equipment Market
- Others
Verticals:
- Residential
- Government & Transportation
- Healthcare & Hospitality
- Commercial Offices & Buildings
- Retail
- Others (BFSI, Educational Institute, Industrial, etc.)
By Regions:
- Southern
- Northern
- Western
- Eastern
