The India building automation market is expected to grow at a CAGR of over 12.5% during 2017-2023.
In India, safety & security systems contributes for the maximum revenue followed by HVAC systems and is expected to maintain its dominance in the market during the forecast period due to 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.
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 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.
Honeywell Automation India Limited
Larsen Toubro Limited
Legrand (India) Private Limited
Rockwell Automation India Pvt. Ltd.
Samsung India Electronics Private Limited
Schneider Electric India Private Limited
Siemens India Limited
Key Topics Covered:
Global Building Automation Market Overview
India Building Automation Market Overview
India Building Automation Market Dynamics
India Building Automation Market Trends
India Building Automation HVAC System Market Overview
India Building Automation Lighting Control System Market Overview
India Building Automation Safety & Security Systems Market Overview
India Other Building Automation Systems Market Overview
India Building Automation Market Overview, By Verticals
India Building Automation Market Overview, By Regions