DUBLIN--(BUSINESS WIRE)--The "India Building Automation and Control Systems Market, By Industry Segment, By Communication Technology, By Application, By End User, By Region, Competition, Forecast & Opportunities, FY2017-FY2027" report has been added to ResearchAndMarkets.com's offering.
The Indian Building Automation and Control Systems Market stood at USD 1883.89 million in FY2021 and is forecast to grow at a CAGR of over 11.08% until FY2027, owing to the increasing infrastructure development and construction of new residential and commercial buildings. In addition, the growth can be attributed to the rising demand from the construction industry as the newly constructed buildings tend to be electronically secured and equipped with all the smart appliances.
Building automation and control systems market in India can be segmented based on the Industry Segment, Communication Technology, Application, End-User and Region. Based on Industry Segment, the market can be segmented into Electronic Security and Safety, HVAC Control Systems, Lighting Control Systems, and Building Energy Management System. The lighting control segment leads the market as this system maximizes energy savings, provides safety & security, and complies with green building and energy conservation programs.
Based on region, the Indian Building Automation and Control Systems Market can be segmented into North, South, East and West. The south region is estimated to dominate the market owing to surging investment in the real estate sector and increasing urbanization in the region. Moreover, increasing awareness of green buildings is expected to drive the market in the region.
Some of the players in the Indian Building Automation and Control Systems Market include Honeywell Automation India Limited, Siemens Limited, Schneider Electric India Pvt. Ltd., Johnson Controls India, ABB India Ltd., Beckhoff Automation Pvt. Ltd., Carel ACR Systems India Pvt. Ltd., Carrier Airconditioning & Refrigeration Ltd., Crestron Electronics India Pvt. Ltd., L&T Electrical and Automation Ltd. and others. Companies operating in the market are focusing on expansion and mergers & collaborations to increase their share in the market.
Objective of the Study:
- To analyze the historical growth in the market size of the Indian Building Automation and Control Systems Market from FY2017 to FY2021.
- To estimate and forecast the market size of the Indian Building Automation and Control Systems Market from FY2022 to FY2027 and growth rate until FY2027.
- To classify and forecast the Indian Building Automation and Control Systems Market based on Industry Segment, Communication Technology, Wired Communication Technology, Wireless Communication Technology, Application, End-User and Region.
- To identify the dominant region or segment in the Indian Building Automation and Control Systems Market.
- To identify drivers and challenges for the Indian Building Automation and Control Systems Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Indian Building Automation and Control Systems Market.
- To conduct import export analysis for the Indian Building Automation and Control Systems Market.
- To identify and analyze the profile of leading players operating in the Indian Building Automation and Control Systems Market.
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To identify key sustainable strategies adopted by market players in the Indian Building Automation and Control Systems Market
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Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Factors Influencing Purchase Decision
4.2. Usage by Application
4.3. Customer Satisfaction
4.4. Challenges Faced
4.5. Parameters/Factors Considered for Electronic Safety
5. India Building Automation and Control Systems Market Outlook
5.1. Market Size & Forecast
5.2. Market Share & Forecast
5.3. Product Market Map
6. India Electronic Security & Safety Building Automation & Control Systems Market Outlook
6.1. Market Size & Forecast
6.2. Market Share & Forecast
6.3. List of Major Distributors/Dealers of Electronic Security Systems
7. India HVAC Building Automation & Control Systems Market Outlook
7.1. Market Size & Forecast
7.2. Market Share & Forecast
7.3. List of Major Distributors/Dealers of HVAC Systems
8. India Lighting Building Automation & Control Systems Market Outlook
8.1. Market Size & Forecast
8.2. Market Share & Forecast
8.3. List of Major Distributors/Dealers of Lighting Control Systems
9. India Building Energy Management Systems Automation & Control Systems Market Outlook
9.1. Market Size & Forecast
9.2. Market Share & Forecast
9.3. List of Major Distributors/Dealers of Building Energy Management Systems
10. Market Dynamics
11. Market Trends & Developments
12. Policy & Regulatory Framework
13. India Economic Profile
14. Impact of COVID-19 on India Building Automation & Control Systems Market
15. Competitive Landscape
- Honeywell Automation India Limited
- Siemens Limited
- Schneider Electric India Pvt Ltd
- Johnson Controls India
- ABB India Ltd
- Beckhoff Automation Pvt Ltd
- Carel ACR Systems India Pvt Ltd
- Carrier Airconditioning & Refrigeration Ltd
- Crestron Electronics India Pvt Ltd
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L&T Electrical and Automation Ltd
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For more information about this report visit https://www.researchandmarkets.com/r/3yyynf
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