Categories: Wire Stories

India Building Automation and Control Systems Market to 2027: 11%+ Compound Annual Growth Predicted to 2027 – ResearchAndMarkets.com

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.
  • To identify key sustainable strategies adopted by market players in the Indian Building Automation and Control Systems Market

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
  • L&T Electrical and Automation Ltd

     

For more information about this report visit https://www.researchandmarkets.com/r/3yyynf

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Alex

Recent Posts

The allure of Da Nang and Phu Quoc – top destinations for Indian tourists

Vietnam is increasingly popular among Indian tourists, consistently topping reports and surveys as a favoured…

9 hours ago

OctaTrader in 2024: a client-focused evolution of a trading platform

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 24 December 2024 - For Octa, a…

10 hours ago

1win Brings Christmas Comfort to Cancer Patients in Ghana

ACCRA, GHANA - Media OutReach Newswire - 24 December 2024 - 1win, in partnership with…

12 hours ago

From Farm to Screen: Shopee’s Kempen Tani Cultivates Online Success for Agropreneurs

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 24 December 2024 - Shopee Malaysia recently…

12 hours ago

Wildberries to More Than Double Warehouse Capacity in 2025

MOSCOW, RUSSIA - Media OutReach Newswire - 24 December 2024 - Wildberries, a leading e-commerce…

17 hours ago

JustMarkets Celebrates Key Milestones From 2024

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 24 December 2024 - JustMarkets…

19 hours ago