SPOTLIGHT ON INDIAN ELECTRONICS Spotlight on Indian Electronics | Page 218

India Building Automation and Control Systems Market Forecast and Opportunities

2020

HIGH PRIORITY MARKET

Key Players in India

Honeywell Automation India Ltd Unitech Trade Centre-1st floor, Block C, Sector- 43, Sushant Lok Phase-1, Gurgaon- 122 002, T: 0124 671 5000, W: honeywell. com
Siemens Building Technologies Ltd 384, Phase 2, Udyog Vihar, Gurgaon- 122016 T: 0124 400 1765 W: buildingtechnologies. siemens. com
Schneider Electric India Pvt. Ltd 401, 4th Floor, Ashoka Bhoopal Chambers, Sardar Patel Rd, Rasoolpura, Secunderabad- 500003, Telangana T: 040 3940 4000, W: schneider-electric. co. in
Johnson Controls India Pvt. Ltd 507, Delphina Building, 2nd Floor, CMH Road Indira Nagar 1st stage, Bangalore- 560 038 T: + 91 80 67736700, W: johnsoncontrols. com
ABB India Ltd New Industrial Town, Faridabad- 121001 T: 0129-402 3001, W: new. abb. com
Beckhoff Automation Pvt. Ltd Suite 4, Level 6, Muttha Towers, Don Bosco Marg, Pune- 411006, Maharastra T: 020 4000 4800, W: beckhoff. com
Carel ACR Systems India Private Ltd F5 Tower 2, Vatika Buisness Park, Sona Road, Gurgaon- 122018, Haryana T: 097172 68899, W: carel. com
Carrier Airconditioning & Refrigeration Ltd 49, Raas Vihar Complex, NH-8 Narsinghpur, Kherki Daula, Sector 84, Gurgaon-122004 T: 0124-4825500, F: 0124-2372230 E: customersupport. india @ carrier. utc. com W: carrierindia. com
Crestron Electronics India Pvt. Ltd 494,1st Cross Road, HBR Layout, Bengaluru, Karnataka 560043 T: 080 2544 0725, W: crestron. com
L & T Electricals and Automation Ltd L & T House, Ballard Estate P. O. Box: 278, Mumbai 400 001, India T: 1800 2094545 W: larsentoubro. com /
Growing concerns regarding greenhouse
scheme and BEE star rating scheme.
gas emissions and increasing electricity
According to“ India Building Automation
demand supply gap are driving the
and Control Systems Market Forecast &
Building Automation and Control
Opportunities, 2020”, the country’ s
Systems( BACS) market in India. The
building automation and control systems
BACS market is broadly segmented into
market is forecast to grow at a CAGR of
Heating, Ventilation and Air
more than 22 % during 2015-20.
Conditioning( HVAC); Lighting Controls;
Electronic security and safety segment
Electronic Security and Safety; and
accounted for the largest market share
Energy Management Systems. Demand
in 2014, followed by HVAC and lighting
for BACS in India is majorly driven by
controls. Increasing demand for intrusion
commercial building segment on
detection systems, intercom and closed
account of increasing number of
circuit televisions( CCTV) is expected to
shopping malls, IT / ITeSoffice buildings,
further increase the market share of
educational institutes, etc. The market is
electronic security and safety segment in
further supported by mandatory energy
the coming years. In 2014, northern
efficiency regulations and other
region accounts for the largest share in
regulations implemented by the
the country’ s BACS market, followed by
government such as LEED rating southern and western regions.
India Building Automation & Control Systems Market to Grow at 22 % through 2020
Rising demand for sophisticated
manufacturing. In terms of revenue
electronic security and lighting systems
contribution, IT / ITeS segment accounted
from commercial complexes to drive
for majority share in building automation
building automation & control systems
& control systems market in India in
market through 2020. According to
2014, followed by the commercial sector.
recently released TechSci Research
Moreover, educational institutes and
report,“ India Building Automation and
luxury hotel chains are also emerging as
Control Systems Market Forecast and
opportunity areas for companies
Opportunities, 2020”, building
operating in the market, as these
automation & control systems market in
segments are increasingly deploying
India is projected to grow at a CAGR of
electronic security and lighting systems
more than 22 % during 2015-20. The
in their premises.
market is anticipated to exhibit robust
“ In India, Building Automation & Control
growth on account of rising security
Systems( BACS) market is highly
concerns and growing efforts of
fragmented, and is driven by a number of
commercial and IT / ITeS sectors to
system integrators engaged directly or
minimize their operational costs. In
indirectly with leading players such as
addition, high net worth individuals in the
Honeywell, Siemens and Schneider
country are increasingly employing
Electric. The market is anticipated to
building automation & control systems in
witness significant growth over the next
villas and luxury apartments, thereby
five years, primarily on account of
contributing to growth in the market.
modernization of government offices,
Players such as Honeywell, Siemens,
upcoming smart city projects, and rising
Schneider Electric and Johnson Controls
demand from commercial complexes in
are major suppliers of building
the country.”, said Mr. Karan Chechi,
automation & controls systems in India.
Research Director with TechSci
These companies operate through a
Research, a research based global
series of system integrators and
management consulting firm.
suppliers, in addition to in-house
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