Smart homes solutions market in India
Real Estate

Smart homes solutions market in India

Indeed, a smart home has become the latest urban dream and lighting is an intrinsic part. “With evolving urban lifestyles, people are seeking lighting that can be customised to suit their lifestyle and mood,” informs Sumit Joshi, Vice-Chairman and Managing Director, Signify India Innovations. “Our Philips Hue personal lighting range enables consumers to personalise their lighting experience using the Hue app on their smartphone, where the system syncs seamlessly with music, movies and games, and transforms the room into an entertainment arena. Similarly, Philips CeilingSecure LED downlighter, an innovative Twist & Fit LED downlighter, has a modular design featuring a separate LED cartridge that can be fastened into the outer housing installed in the false ceiling of a room, allowing easy installation.” As per industry estimates, the smart homes solutions market in India is growing at a rate of 30 per cent year on year. Adding to that, Srinivas Shanbhogue, Vice-President, Retail Business, Schneider Electric India says, “There is a plethora of options in smart lighting for consumers, who have steadily realised the benefits, leading to a surge in demand. We have recently launched a range of three new wiring devices: Clipsal X, UNICA Pure and Avatar ON. These switches are technologically advanced and address the growing consumer market that demands style, strength and energy-efficiency. The products are one of their kind in the Indian home distribution segment. Besides, a lighting solution, Wiser, has been designed to set the lighting tone to suite one’s disposition, and comes with a wireless system that combines modern intuitive design with state-of-the-art technology.” Joining the league is Panasonic Life Solutions India with its wireless products under the brand name Vetaar. “We have already tied up with Alexa and Amazon to market it on their network,” says Vivek Sharma, Managing Director, Panasonic Life Solutions India. “Currently, we do not have enough volumes or demand to justify our communication of this offering to consumers through TV ads. But word of mouth promotion is building momentum. Also, not many people are aware of home automation but those who can afford it, definitely know. There is a significant upcoming demand growth in percentage terms, especially in the top 10 markets; however, in terms of quantity, the growth is small.” Meanwhile, Sachin Goregaoker, Director, GA design reasons, “Owing to the fast pace of lighting innovations and change, it is challenging for a consumer to keep up with the latest products and technologies. However, consumers and builders are open to the idea of appointing a lighting consultant at the start of a project.”

- DIKSHA JAWLE


Indeed, a smart home has become the latest urban dream and lighting is an intrinsic part. “With evolving urban lifestyles, people are seeking lighting that can be customised to suit their lifestyle and mood,” informs Sumit Joshi, Vice-Chairman and Managing Director, Signify India Innovations. “Our Philips Hue personal lighting range enables consumers to personalise their lighting experience using the Hue app on their smartphone, where the system syncs seamlessly with music, movies and games, and transforms the room into an entertainment arena. Similarly, Philips CeilingSecure LED downlighter, an innovative Twist & Fit LED downlighter, has a modular design featuring a separate LED cartridge that can be fastened into the outer housing installed in the false ceiling of a room, allowing easy installation.” As per industry estimates, the smart homes solutions market in India is growing at a rate of 30 per cent year on year. Adding to that, Srinivas Shanbhogue, Vice-President, Retail Business, Schneider Electric India says, “There is a plethora of options in smart lighting for consumers, who have steadily realised the benefits, leading to a surge in demand. We have recently launched a range of three new wiring devices: Clipsal X, UNICA Pure and Avatar ON. These switches are technologically advanced and address the growing consumer market that demands style, strength and energy-efficiency. The products are one of their kind in the Indian home distribution segment. Besides, a lighting solution, Wiser, has been designed to set the lighting tone to suite one’s disposition, and comes with a wireless system that combines modern intuitive design with state-of-the-art technology.” Joining the league is Panasonic Life Solutions India with its wireless products under the brand name Vetaar. “We have already tied up with Alexa and Amazon to market it on their network,” says Vivek Sharma, Managing Director, Panasonic Life Solutions India. “Currently, we do not have enough volumes or demand to justify our communication of this offering to consumers through TV ads. But word of mouth promotion is building momentum. Also, not many people are aware of home automation but those who can afford it, definitely know. There is a significant upcoming demand growth in percentage terms, especially in the top 10 markets; however, in terms of quantity, the growth is small.” Meanwhile, Sachin Goregaoker, Director, GA design reasons, “Owing to the fast pace of lighting innovations and change, it is challenging for a consumer to keep up with the latest products and technologies. However, consumers and builders are open to the idea of appointing a lighting consultant at the start of a project.” - DIKSHA JAWLE

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement