Future of Building automation system- Home automation prospects

The trend of automating home activities by using intelligent terminals to control appliances and equipment has opened a hug Building automation market globally, bringing new exciting opportunities for technology companies. According to industry experts, the building automation systems market will be driven by the trend towards energy efficient, safe luxurious and convenient homes, smart homes. Forecasts for total market for smart homes in Asia pacific region will be 10 Billion USD by 2020.  This is just tip of the iceberg. 4G deployment & mobile services will boost these figures further. Smart Homes and Home automation being a privilege of a few rich is going to be truly a mass scale opportunity.

Although home automation in India is still a nascent market, in sync with global trend, the domestic home automation sector will see phenomenal growth in the next few years. According to an estimate, home automation sector in India is expected to grow at a CAGR of 24 % in the next 5 years. Metros like Delhi, Mumbai, Banglore, Chennai, Hyderabad, Ahmedabad are going to fuel this demand potential.

Growth opportunities in home automation market are due to increasing adoption of automated services and Govt incentives for green initiatives. Building automation Market will also be driven by the increasing demand for energy efficient solutions and rising security concerns. Factors such as employment opportunities, economic development, easy hosing finance, increasing urbanization, rising standards of living and increase in consumer spending on lifestyle products are also driving the growth of home automation. 

CCTV & electronics surveillance systems, HVAC control, smart technologies and their connectivity to one another is becoming reality. Now devices can connect and talk to each other. A large no of internet enabled but physically unconnected devices in India will be connected to the web and country become very relevant in machine to machine communication landscape in near future. This in turn would enable creation of an Internet of Things IOT ecosystem necessary for the connected home and concept of home automation will take off in a big way.

Home automation market includes, but is not limited to centralized controls for lighting, electronics surveillance, CCTV security, access control systems, HVAC systems. From applications perspective the market is classified into segments like lighting, safety and security, entertainment and energy management. The market share of safety and security exceeds that of entertainment applications due to rising concerns related to security among general public. With increased consumer spending on luxury items, HVAC Control, HVAC design & drafting, energy management services is going to increase.

The home automation market offers exciting revenue opportunities for sonsumer electronics companies as well as semiconductor companies dealing with embedded systems, embedded automation components and kits. However innovative products that widen the appeal of connected home technology for mass market will rule the market.

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Reliance Industries Use PLC Scada Technologies

Reliance Industries Ltd (RIL) had shared all the copies of its correspondence with the Supreme Court-appointed tribunal on the KG-D6 cost recovery issue to the Oil Ministry and the Directorate General of Hydrocarbons (DGH), according to sources.

Contrary to the impression being created, RIL had, subsequent to Supreme Court on April 29 appointing former Australian judge Michael Hudsom McHugh as third arbitrator to decide whether government was right in denying cost recovery of up to $2.3 billion for gas output from KG-D6 lagging targets, marked all correspondence-related mails with the tribunal to the ministry and the DGH, they said.

Mr McHugh had on May 20 declined to be part of the tribunal saying his consent was not taken, but subsequently agreed after lawyers for RIL and its partners BP Plc of the UK and Canada's Niko Resources contacted him on May 29.

Sources said RIL's advocates in an email on May 29 requested Mr McHugh to accept his appointment as the third/presiding arbitrator of the tribunal. A copy of Tom Sprange's (RIL's lawyer) email was marked to the Oil Ministry and its technical arm, Director General of Hydrocarbons (DGH).

Government lawyers Swarup & Associates, who have now told the ministry that appointment of a foreigner as the presiding arbiter would be "undesirable" in the absence of any such contractual provision and difficulty in ascertaining the person's "independence and impartiality", was not marked on the email as it was not known at that time who would act for the government of India, they said.
Thereafter emails and correspondence were exchanged between the RIL and the Tribunal with respect to the fixing of fee for the arbitrators. By this time, government lawyers were intimated and they were marked on those emails but they chose not to reply, sources said.

On June 18, RIL's lawyers sent a letter to government's advocate stating copies of all the correspondence between the arbitrators and the parties will be provided to them.

Mr McHugh on June 26 sent an email to all the parties on behalf of all arbitrators enclosing a working draft procedural timetable but a week later on July 2 government advocates sent emails asking the tribunal not to proceed with the matter till a detailed response is issued by them and asked the tribunal to send copies of all the documents correspondence exchanged.

Sources said the government felt Mr McHugh appointment stood terminated the moment he declined to accept the appointment and thereafter he cannot reappoint himself.

Mr McHugh withdrew from the tribunal and RIL filed a fresh plea before the Supreme Court for appointment of a third arbitrator to decide on the case.

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Source:-http://profit.ndtv.com/news/corporates/article-reliance-industries-shared-all-correspondence-with-oil-ministry-technical-arm-report-619675