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Home Automation Market in India 2024-2028

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    Report

  • 121 Pages
  • October 2024
  • Region: India
  • TechNavio
  • ID: 5668959
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The home automation market in india is forecasted to grow by USD 3.47 billion during 2023-2028, accelerating at a CAGR of 14.8% during the forecast period. The report on the home automation market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased reliance on wireless technologies, growing use of iot, and demand for energy efficiency.

The home automation market in india is segmented as below:

By Product

  • Security
  • Lighting
  • Others

By Technology

  • Wireless
  • Wired

By Geographical Landscape

  • APAC
This study identifies the demand for comfort and foolproof security systems as one of the prime reasons driving the home automation market in india growth during the next few years. Also, rise in adoption of ai and iot-based solutions and growing smartphone penetration and increasing internet speed will lead to sizable demand in the market.

The report on the home automation market in india covers the following areas:

  • Home Automation Market in India sizing
  • Home Automation Market in India forecast
  • Home Automation Market in India industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading home automation market in india vendors that include ABB, ADT Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., Hero Electronix Pvt. Ltd., Home Brain, Honeywell International Inc., IFIHomes, Johnson Controls International Plc., L and T Technology Services Ltd., Legrand, Riot Labz Pvt. Ltd., Schneider Electric SE, Tuya Inc, Vinay Electrical Solutions, and Wipro Ltd. Also, the home automation market in india analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Country Market Characteristics
  • Executive Summary - Chart on Market Segmentation by Product
  • Executive Summary - Chart on Market Segmentation by Technology
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on India - Market size and forecast 2023-2028 ($ million)
  • Data Table on India - Market size and forecast 2023-2028 ($ million)
  • Chart on India: Year-over-year growth 2023-2028 (%)
  • Data Table on India: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Home Automation Market in India 2018 - 2022
  • Historic Market Size - Data Table on Home Automation Market in India 2018 - 2022 ($ million)
4.2 Product segment analysis 2018 - 2022
  • Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Technology segment analysis 2018 - 2022
  • Historic Market Size - Technology Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
  • Chart on Product - Market share 2023-2028 (%)
  • Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
  • Chart on Comparison by Product
  • Data Table on Comparison by Product
6.3 Security - Market size and forecast 2023-2028
  • Chart on Security - Market size and forecast 2023-2028 ($ million)
  • Data Table on Security - Market size and forecast 2023-2028 ($ million)
  • Chart on Security - Year-over-year growth 2023-2028 (%)
  • Data Table on Security - Year-over-year growth 2023-2028 (%)
6.4 Lighting - Market size and forecast 2023-2028
  • Chart on Lighting - Market size and forecast 2023-2028 ($ million)
  • Data Table on Lighting - Market size and forecast 2023-2028 ($ million)
  • Chart on Lighting - Year-over-year growth 2023-2028 (%)
  • Data Table on Lighting - Year-over-year growth 2023-2028 (%)
6.5 Others - Market size and forecast 2023-2028
  • Chart on Others - Market size and forecast 2023-2028 ($ million)
  • Data Table on Others - Market size and forecast 2023-2028 ($ million)
  • Chart on Others - Year-over-year growth 2023-2028 (%)
  • Data Table on Others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
  • Market opportunity by Product ($ million)
  • Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by Technology
7.1 Market segments
  • Chart on Technology - Market share 2023-2028 (%)
  • Data Table on Technology - Market share 2023-2028 (%)
7.2 Comparison by Technology
  • Chart on Comparison by Technology
  • Data Table on Comparison by Technology
7.3 Wireless - Market size and forecast 2023-2028
  • Chart on Wireless - Market size and forecast 2023-2028 ($ million)
  • Data Table on Wireless - Market size and forecast 2023-2028 ($ million)
  • Chart on Wireless - Year-over-year growth 2023-2028 (%)
  • Data Table on Wireless - Year-over-year growth 2023-2028 (%)
7.4 Wired - Market size and forecast 2023-2028
  • Chart on Wired - Market size and forecast 2023-2028 ($ million)
  • Data Table on Wired - Market size and forecast 2023-2028 ($ million)
  • Chart on Wired - Year-over-year growth 2023-2028 (%)
  • Data Table on Wired - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Technology
  • Market opportunity by Technology ($ million)
  • Data Table on Market opportunity by Technology ($ million)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
  • Overview on factors of disruption
10.4 Industry risks
  • Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
  • Companies covered
11.2 Market positioning of companies
  • Matrix on companies position and classification
11.3 ABB
  • ABB - Overview
  • ABB - Business segments
  • ABB - Key news
  • ABB - Key offerings
  • ABB - Segment focus
11.4 Alphabet Inc.
  • Alphabet Inc. - Overview
  • Alphabet Inc. - Business segments
  • Alphabet Inc. - Key offerings
  • Alphabet Inc. - Segment focus
11.5 Apple Inc.
  • Apple Inc. - Overview
  • Apple Inc. - Business segments
  • Apple Inc. - Key news
  • Apple Inc. - Key offerings
  • Apple Inc. - Segment focus
11.6 Hero Electronix Pvt. Ltd.
  • Hero Electronix Pvt. Ltd. - Overview
  • Hero Electronix Pvt. Ltd. - Product / Service
  • Hero Electronix Pvt. Ltd. - Key offerings
11.7 Honeywell International Inc.
  • Honeywell International Inc. - Overview
  • Honeywell International Inc. - Business segments
  • Honeywell International Inc. - Key news
  • Honeywell International Inc. - Key offerings
  • Honeywell International Inc. - Segment focus
11.8 Johnson Controls International Plc.
  • Johnson Controls International Plc. - Overview
  • Johnson Controls International Plc. - Business segments
  • Johnson Controls International Plc. - Key news
  • Johnson Controls International Plc. - Key offerings
  • Johnson Controls International Plc. - Segment focus
11.9 L and T Technology Services Ltd.
  • L and T Technology Services Ltd. - Overview
  • L and T Technology Services Ltd. - Business segments
  • L and T Technology Services Ltd. - Key offerings
  • L and T Technology Services Ltd. - Segment focus
11.10 Legrand
  • Legrand - Overview
  • Legrand - Product / Service
  • Legrand - Key offerings
11.11 Schneider Electric SE
  • Schneider Electric SE - Overview
  • Schneider Electric SE - Business segments
  • Schneider Electric SE - Key news
  • Schneider Electric SE - Key offerings
  • Schneider Electric SE - Segment focus
11.12 Wipro Ltd.
  • Wipro Ltd. - Overview
  • Wipro Ltd. - Business segments
  • Wipro Ltd. - Key news
  • Wipro Ltd. - Key offerings
  • Wipro Ltd. - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
12.3 Currency conversion rates for US$
  • Currency conversion rates for US$
12.4 Research methodology
  • Research methodology
12.5 Data procurement
  • Information sources
12.6 Data validation
  • Data validation
12.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
12.8 Data synthesis
  • Data synthesis
12.9 360 degree market analysis
  • 360 degree market analysis
12.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Product
Exhibits 5: Executive Summary - Chart on Market Segmentation by Technology
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits 14: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Chart on India: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on India: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Home Automation Market in India 2018 - 2022 ($ million)
Exhibits 18: Historic Market Size - Product Segment 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Technology Segment 2018 - 2022 ($ million)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Product - Market share 2023-2028 (%)
Exhibits 28: Data Table on Product - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Product
Exhibits 30: Data Table on Comparison by Product
Exhibits 31: Chart on Security - Market size and forecast 2023-2028 ($ million)
Exhibits 32: Data Table on Security - Market size and forecast 2023-2028 ($ million)
Exhibits 33: Chart on Security - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Security - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Lighting - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Lighting - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Lighting - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Lighting - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by Product ($ million)
Exhibits 44: Data Table on Market opportunity by Product ($ million)
Exhibits 45: Chart on Technology - Market share 2023-2028 (%)
Exhibits 46: Data Table on Technology - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by Technology
Exhibits 48: Data Table on Comparison by Technology
Exhibits 49: Chart on Wireless - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Wireless - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Wireless - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Wireless - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Wired - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Wired - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Wired - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Wired - Year-over-year growth 2023-2028 (%)
Exhibits 57: Market opportunity by Technology ($ million)
Exhibits 58: Data Table on Market opportunity by Technology ($ million)
Exhibits 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 60: Impact of drivers and challenges in 2023 and 2028
Exhibits 61: Overview on criticality of inputs and factors of differentiation
Exhibits 62: Overview on factors of disruption
Exhibits 63: Impact of key risks on business
Exhibits 64: Companies covered
Exhibits 65: Matrix on companies position and classification
Exhibits 66: ABB - Overview
Exhibits 67: ABB - Business segments
Exhibits 68: ABB - Key news
Exhibits 69: ABB - Key offerings
Exhibits 70: ABB - Segment focus
Exhibits 71: Alphabet Inc. - Overview
Exhibits 72: Alphabet Inc. - Business segments
Exhibits 73: Alphabet Inc. - Key offerings
Exhibits 74: Alphabet Inc. - Segment focus
Exhibits 75: Apple Inc. - Overview
Exhibits 76: Apple Inc. - Business segments
Exhibits 77: Apple Inc. - Key news
Exhibits 78: Apple Inc. - Key offerings
Exhibits 79: Apple Inc. - Segment focus
Exhibits 80: Hero Electronix Pvt. Ltd. - Overview
Exhibits 81: Hero Electronix Pvt. Ltd. - Product / Service
Exhibits 82: Hero Electronix Pvt. Ltd. - Key offerings
Exhibits 83: Honeywell International Inc. - Overview
Exhibits 84: Honeywell International Inc. - Business segments
Exhibits 85: Honeywell International Inc. - Key news
Exhibits 86: Honeywell International Inc. - Key offerings
Exhibits 87: Honeywell International Inc. - Segment focus
Exhibits 88: Johnson Controls International Plc. - Overview
Exhibits 89: Johnson Controls International Plc. - Business segments
Exhibits 90: Johnson Controls International Plc. - Key news
Exhibits 91: Johnson Controls International Plc. - Key offerings
Exhibits 92: Johnson Controls International Plc. - Segment focus
Exhibits 93: L and T Technology Services Ltd. - Overview
Exhibits 94: L and T Technology Services Ltd. - Business segments
Exhibits 95: L and T Technology Services Ltd. - Key offerings
Exhibits 96: L and T Technology Services Ltd. - Segment focus
Exhibits 97: Legrand - Overview
Exhibits 98: Legrand - Product / Service
Exhibits 99: Legrand - Key offerings
Exhibits 100: Schneider Electric SE - Overview
Exhibits 101: Schneider Electric SE - Business segments
Exhibits 102: Schneider Electric SE - Key news
Exhibits 103: Schneider Electric SE - Key offerings
Exhibits 104: Schneider Electric SE - Segment focus
Exhibits 105: Wipro Ltd. - Overview
Exhibits 106: Wipro Ltd. - Business segments
Exhibits 107: Wipro Ltd. - Key news
Exhibits 108: Wipro Ltd. - Key offerings
Exhibits 109: Wipro Ltd. - Segment focus
Exhibits 110: Inclusions checklist
Exhibits 111: Exclusions checklist
Exhibits 112: Currency conversion rates for US$
Exhibits 113: Research methodology
Exhibits 114: Information sources
Exhibits 115: Data validation
Exhibits 116: Validation techniques employed for market sizing
Exhibits 117: Data synthesis
Exhibits 118: 360 degree market analysis
Exhibits 119: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the home automation market in india: ABB, ADT Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., Hero Electronix Pvt. Ltd., Home Brain, Honeywell International Inc., IFIHomes, Johnson Controls International Plc., L and T Technology Services Ltd., Legrand, Riot Labz Pvt. Ltd., Schneider Electric SE, Tuya Inc, Vinay Electrical Solutions, and Wipro Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is demand for comfort and foolproof security systems."

According to the report, one of the major drivers for this market is the increased reliance on wireless technologies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB
  • ADT Inc.
  • Alphabet Inc.
  • Amazon.com Inc.
  • Apple Inc.
  • Hero Electronix Pvt. Ltd.
  • Home Brain
  • Honeywell International Inc.
  • IFIHomes
  • Johnson Controls International Plc.
  • L and T Technology Services Ltd.
  • Legrand
  • Riot Labz Pvt. Ltd.
  • Schneider Electric SE
  • Tuya Inc
  • Vinay Electrical Solutions
  • Wipro Ltd.