Press release
India Home Automation Market will be more than 30,000 Crore by 2022
India has big opportunities in the home automation industry. Growing working population, increasing per capita spending and middle-class population attracts not only domestic players but foreign players too. It is anticipated that India home automation market will grow in double digit during the forecasting period and expected to cross the figure of INR 30,000 Crore by 2022. Our report Title “India Home Automation Market by Types (Lighting, Security, Heating, Ventilating and Air Conditioning, HVAC, Entertainment) By User (Residential, Commercial & Hospitality) Company Profiles & Forecast” describes the following points:• India home automation market and market share analysis
• India home automation market analysis by product category (Lighting, Security, Heating, Ventilating and Air Conditioning, HVAC, Entertainment)
• India home automation market analysis by customer category (Residential, Commercial & Hospitality)
• Company Profile covers (Larsen & Toubro, Schneider Electric, Johnson Controls, AMX LLC, Crestron Electronics, Home Brain, Pert and Silvan Innovation Labs)
Startups are Keen to Enter in India Home Automation Market
Home automation industry in India has big potential to grow. So a lot of startups are showing interest in this marketplace. Some of them are Oakter, Inoho, IFIHOMES.com, Silvan Innovation Labs, SharpNode, Home Brain, Cubical Labs, Thasmai Automation, Metagan Technologies Private Limited, eDomotics etc. Reliance Jio is also entering home automation business. Jio offers home automation and surveillance system.
The World is Full of Innovation
Nowadays, a number of innovations are being developed across the globe and India is also becoming the part of this innovation process. Slowly but Indian consumers are in the process to change traditional home device with smart home devices such as Wi-Fi cameras, digital locks and smart switches, smart TV, smart refrigerator, digital music zoning system. Smart lighting and smart security products are also big demandable products by India consumers.
Indian Consumers Start with Home Automation Products Trail Base
Most of the Indian consumers are not aggressively adopted all types of home automation products or do not ready to change their home infrastructure with the automated smart home, suddenly. Instead of, they experience with one or two products and after that, they can ready to move further enhance in their home.
India Home Automation Market Analysis by Category
India home automation market belongs to several categories. On the basis of product features it is categorized by Home Automation Lighting, Home Automation Security, Home Automation HVAC (Heating, Ventilating and Air Conditioning) and Home Automation Entertainment; However on the basis of customer category, this market is divided into three category: Residential Home Automation, Commercial Home Automation and Hospitality Home Automation.
For More Information: http://www.renub.com/india-home-automation-market-will-be-more-than-inr-30-000-crore-by-2022-28-nd.php
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Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Life Sciences, Information Technology, Telecom, Financial Services (Banking, Insurance), Energy, Retail, Manufacturing, Automotive, and Social sector. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.
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