Consumer & Luxury Goods Market Research News

Report explores the home automation industry forecast to 2025

Consumer Market Research

Worldwide Home Automation can be termed as controlling of home appliances automatically and remotely through intelligent terminals. With the increasing awareness of protection and security from theft and energy saving the market for Worldwide Home Automation is poised to increase.

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The Worldwide Home Automation includes switching off/on the air conditioning, dimming the light, automatic home appliances, managing cameras and entry gates. The main area of focus is residential, and commercial.

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Change in lifestyle of people, increasing security concern, and concern for energy efficient solutions are important driving factors of home automation.

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The growing trend of using smartphones has led to increase in the use of Worldwide Home Automation and improving internet connectivity is also one of the major reason for the market growth. The high technology adoption and awareness among people in North America is one of the major reason for its dominance in the market followed by Europe and Asia Pacific.

The rules and regulations for conservation of energy by the European government is accelerating the market for Worldwide Home Automation in Europe. The increasing awareness among people for security, energy saving and concern towards the environment has boosted the market and consumer demands.

With the rapid advancement in wireless technology there is a decrease in the prices of the Worldwide Home Automation systems. Worldwide Home Automation solution provides home safety through various devices like intrusion detection system, video surveillance and keypads, motion sensors, bit screen and alarms.

The product for Worldwide Home Automation is expensive and falls under luxury services.

The need to cut down the consumption of power in order to save energy and high investment in building infrastructure is analyzed to propel the demand for Worldwide Home Automation in North America, Europe and Asia Pacific.

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Segmentations Covered in the Home Automation Market

  • Products : HVAC Control, Global HVAC Control, Security & Access Control, Lighting Control
  • Networking : Computing Network Home Automation Systems, Wired Home Automation Systems, Wireless Home Automation Systems, Power-Line Home Automation Systems
  • Geographical Analysis: North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), South America (SAM)

Some of the leading players in Home Automation Market Report

  • Johnson Controls
  • Siemens AG
  • 2GIG Technologies
  • iControl Networks Inc.
  • Honeywell International, Inc.
  • Vantage Controls
  • ABB ltd.
  • Crestron Electronics Inc.
  • ADT Corporation
  • Schneider Electric SA
  • Control4 Corporation
  • United Technologies Corporation

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