Increasing thefts, growing number of people in the upper middle class segment, price reduction in the automation, flexibility of adding features according to the customers need and government supporting Intelligent Building Management System are some of the driving factor for the home automation market in India in the coming years.
According to recently published report of Bonafide Research “India Home Automation Market Outlook, 2021” safety and security accounted for the maximum share of 34% in 2014. Security products include CCTV camera, integrating video surveillance, access control, wireless door locks, and back-up communication devices for a secure property that's accessible from a tablet or smartphone. Access controls include products like card readers, door stations, door locks. Demand for life safety and security home automation systems is attributed to growing need for remote home monitoring solutions and increasing risk of criminal activities such as theft and robbery. Home automation is a new concept in India with only high-end segment of the people showing interest to. End user wise, residential, commercial and hospitality are the segments using home automation in India. Residential segment dominates the market in terms of value. Commercial institutes and offices are the all time end users as access controls are a must in such places.
The Video Surveillance System allows you to have a watch as you desire. The automated alerts on SMS/Alarms can keep you in touch with the home for better safety. Security accounts for the largest segment in home automation by application accounting for growth of 27.15% till 2014. Employee thefts, visitor thefts, threats against patients or staff, crimes of opportunity, hospital reputation – security automation is the most effective solution to such emergencies. Prevention is better than dealing with the emergencies, hence installation of various automated security measures such as fire detectors, smoke alarms, pager alarms and other alarm systems, two-way voice communications, access control systems, door release, photo identification, CCTV, etc. The security segment is expected to reach 45% till 2021. Home automation integrates all the devices in the house and gives its access to a single control pad which allows energy efficiency and ease to the people residing. Energy management is one of the most important factor which deals with home automation. Automating your house leads with 60- 65% of energy savings of the house. Home automation comes out to be of a great help to the aged people, handicapped people and the families with small children. However, Home automation is a luxury statement and is at a very emerging stage in India.
Thefts, burglary, information insecurity are some of the major factors affecting the people living in India. Security comes out to be an appropriate solution for these problems. Having an eye on your apartment even when you are on a foreign tour is one of the most advantageous factor that will act as catalyst to the growth of the home automation market in India. The Video Surveillance System allows you to have a watch as you desire. The automated alerts on SMS/Alarms can keep you in touch with the home for better safety. Security accounts for the largest segment in home automation by application accounting for growth of 27.15% till 2014. For senior citizens and children such security systems are a boon because these have of detectors integrated into one network which allows monitoring and control motion sensors, magnetic door/ window contact and security cameras of interiors and exteriors with ease, using smartphones, tablets or laptops. It even alerts you in the event of a security breach so that you can immediately call for help. The security market holds the largest part of the home automation market and is expected to the same till 2021.
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