Home Automation Market in India – 2018
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Market Analysis
Smart home industry or home automation is a fast-moving concept developing at a very steady phase. Delfin also added that the market share is high among the high net worth individuals (HNWIs) and IT hubs. Gujarat, Punjab, and NCR constitute a major market share under HNWIs and Coimbatore, Noida, Bangalore, Hyderabad and Pune constitute under the IT Hubs that are facing great growth in home automation systems. In India, it is estimated and proved that Pune is the top marketplace for home automation systems as it accounts about 15% of the entire market. Delhi NCR accounts about 13%, followed by Mumbai 12%, Hyderabad 9%, Ahmedabad and Bangalore 7% and Chennai 6% of the entire market.
The home automation market in India is expected to increase INR 30,000 crore by the end of 2022. An analysis on this has been reported by Delfin- the leading home automation experts.
It is creating excellent opportunities both for Indian automation companies and foreign companies. In the present scenario, residential customers are preferring home automation systems more than commercial customers. The security products are a great hit in the market. Bangalore, Ahmedabad, Pune, Mumbai and Delhi NCR have combined to offer more than 50% of market share in the entire automation market.
The home automation system has four major functional segments like video and audio, security, light and heating, ventilation and air conditioning (HVAC) systems.
Home automation is a smart addition to your home. If you are a homeowner and wish to upgrade your home in a smart manner, home automation is an excellent option. Several technologies and products have become easily accessible and have made our lifestyle simple.
There are several benefits of including home automation systems
Security:
You just need to tap the fingers to turn the lights on or off. If you are worried of potential robbers, home automation systems completely make your worries at ease. The door locks with automation can increase the entire security of your home. If you are out of home and wish to know whether your kid has locked the main door of your home, you can just view and manage from your smartphone. Some products give you alerts when someone arrives at your home.
Energy efficiency:
The remote powering systems help in a great way to control energy usage. The products are actively monitored and the homeowner receives alarm notifications. It helps the homeowner to manage with guidance, insight, and knowledge to accomplish energy efficiency and greater control.
Savings:
The only investment you will be making for home automation is purchasing and installing the systems. It does not require other maintenance expenses in a later date. You can see a lot of savings in the first energy bill. You will be using home appliances and home systems only when you are in need. There is no need to waste your money on energy expenses unnecessarily after installing the home automation.
Convenience:
It is hard to depend on neighbors when you are away from home. When you have home automation systems, you can completely control your home at your fingertips. There is no need to trust someone to take care of your valued possessions.
10 Comments
You get safety and convenience at your door with home automation. Automatic motion sensor lighting and motion detectors, as well as security cameras are highly useful for people who are worried about a break-in, especially when they are not around.
Home automation can increase your peace of mind, especially if you are away at work, or even out of town. This is very useful for people with small children. Motion detectors can offer you a great deal in terms of convenience.
A home automation system is highly useful for you. Using automation systems for your home will also increase the comfort levels in your home. You can set the temperature, lighting, or even the kind of music that you want to play that will keep you calm and relaxed.
A home automation system is highly useful in today’s technologically advanced age when everything is managed through smartphones – from day to day expenses to savings and everything in between. The most significant benefits of automation systems are that they can make things a lot easier for you.
A wonderful feature of a home automation system is the lighting. Once you unlock your front door, the lighting automatically turns on. Security cameras and motion sensors are a great way to take care of the safety of your house when you are away.
It was really surprising to read that home automation market is developing day by day. It has been a top and popular application in Pune. Within next 5 years, I guess the majority of homes in India will have the home automation technology.
It is an advanced technology which no one would wish to say NO. If you wish to update your home with latest security features and gadgets, it is the best technology. It simplifies lot of work and also keeps the house owners in peace of mind.
This blog has motivated me to set up home automation systems in my new house. I was thinking whether to install or not but after reading this blog, I got a clear idea about the features and its popularity in the recent years.
Home automation technology was first popular in Western countries. It is like a dream come true to experience all such latest technologies in India. If it is affordable and easily available, it should definitely be utilized. This way, you can update your house with latest gadgets and technology.
I was planning to renovate my house. I was confused what to add as part of renovation. Now, am clear that home automation technology can be included as part of renovation tasks. It can surely remain useful to myself and my family.