Transparency Market Research Home Automation Market Single User License: USD 4315.5 Flat 10% Discount!! Free Customization as per your requirement You will get Custom Report at Syndicated Report price Report will be delivered with in 15-20 working days Request Sample Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Request Brochure REPORT DESCRIPTION Home automation systems are used to automate various processes within a residential property. These could include functions such as dimming the lights, operating smart appliances, managing the entrance gate and cameras, turning on/off the AC, and other similar processes. Home automation systems are powered by electricity but can be operated or controlled manually. Home automation solutions are continuously evolving due to consistent technological advancements. The increasing demand for home automation solutions incorporating the latest technology, in order to experience high-end digital technology and better performance is driving the market. Home Automation Market: http://www.transparencymarketresearch.com/home-automation-market.html The persistent need for high performance solutions for domestic applications such as safety, entertainment, lighting, energy, and HVAC is the primary growth driver of the home automation market across the globe. The growth of the market is supported by the rising penetration of the internet across countries such as the U.K., France, and Germany. As consumers become more focused on energy conservation and management, there is a rise in the demand for automated energy management solutions. This is driving the home automation market. Smartphones, tablets, and other handheld devices are increasingly being used, which adds to the ease of establishing home automation systems. The global home automation market is segmented on the basis of application, networking technology, type, and by geography. On the basis of geography, the market is segmented into Asia Pacific, Europe, North America, and Rest of the World, of which North America dominated the market in 2014 and is expected to continue its dominance till 2020. The dominance of the region is marked by developments in technology in countries such as Canada and the U.S. Additionally, the growing affinity of consumers for newer technology is expected to boost the home automation market in North America. Europe and Asia Pacific followed North America in terms of revenue share, and collectively accounted for over 40% of the global home automation market. On the basis of application, the market is segmented into safety and security, HVAC (heating, ventilation, and airconditioning), lighting, entertainment, and energy management. Of these, the safety and security segment accounted for the highest share of revenue in 2014 and is expected to remain the highest during the forecast period. The high demand for safety and security home automation systems is due to the increasing risk of criminal activities such as theft and robbery. The entertainment and lightening segment followed the safety and security segment in terms of market revenue. Brochure of Home Automation Report is Out Now Get a Copy at: http://bit.ly/1qZczN6 Key players profiled in the report include: Honeywell International Inc., AMX LLC, iControl Networks Inc., Crestron Electronics, Inc., 2GIG Technologies, ADT Corporation, Control4 Corporation, Siemens AG, Vantage Controls, Schneider Electric SA., and Johnson Controls. About TMR Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact TMR Mr.Sudip S 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/
Global home automation market was valued at USD 4.41 billion in 2014, growing at a CAGR of 26.3% from 2014 to 2020. Home automation systems refer to all such systems, whether used as a single application or as integrated solutions that are used to automate processes. With technological advancements in several developing countries across the globe, home automation solutions are evolving continuously.
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