Home » CleanTech/ Renewable Energy » India’s IBMS to grow from $621 million to $1.9 billion in 5 years

India’s IBMS to grow from $621 million to $1.9 billion in 5 years

According to a new research report “Indian Intelligent Building Management Systems market (2011-2016)” published by MarketsandMarkets, the total market for Intelligent Building Management Systems is expected to reach $1,891 million by 2016 at a CAGR of 24.93% from 2011 to 2016.

The most common examples of intelligent building techniques being used in India are corporate boardroom, presentation suites, and lecture halls, where the operation of the large number of devices that define the room function (such as videoconferencing equipment, video projectors, lighting control systems, and public address systems) would make manual operation of the room very complex. It is common for room automation systems to employ a touchscreen is the primary way of controlling each operation.

The Indian market scenario is such that home automation technologies are viewed as integral additions to the Smart grid. The ability to control lighting, appliances, HVAC as well as Smart Grid applications (load shedding, demand response, real-time power usage and price reporting) will become vital as Smart Grid initiatives are rolled out.

Green Automation is the term coined to describe energy management strategies in home automation when data from smart grids is combined with home automation systems to use resources either at their cheapest prices or most available.

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