Home Automation Market is Expected to Exceed US$25 Billion by 2021

New York, August 20, 2018: Market Research Engine has published a new research report on the global home automation market. The research report states that the global home automation market stood at US$4.41 billion in 2013 and will rise to US$25.00 billion by 2021, growing at a CAGR of 25.90% in the forecast period.

The Global Home Automation market is divided into six regions; North America, Western Europe, Asia-Pacific, Central Eastern Europe (CEE), Middle East & Africa (MEA) and Latin America. The Asia-Pacific region will be one of the fastest growing markets and India will be one of the leading countries in the region due to the upcoming smart cities project. At present, North America has the largest market share in the home automation market and will continue to lead the market in coming years.

Global Home automation market is analysed for the four segments – Types, Control Systems & Applications, and Technologies. These segments are further divided into sub segments such as Types segment (Luxury Home Automation Systems, Mainstream Home Automation Systems and DIY Home Automation Systems),Control Systems & Applications segment (HVAC Control Systems,Energy Management And Climate Control Systems, Security And Access Control Systems, Lighting Control Systems, Integrated Entertainment Control Systems,Healthcare Systems And Home Monitoring, Multifunction And Whole-Home Home Automation Systems, and others) and Technologies segment is divided into (Cellular network technologies,Wireless Communication Technologies, Protocols & Standards,and Associations).

Browse the full report at: https://www.marketresearchengine.com/reportdetails/home-automation-market

The smartphone based control applications are largely driving the home automation market. The consumer today is interested in controlling and monitoring the home appliances at anytime from anywhere and at a click. This type of automatic applications is majorly been demanded by the working professionals who are away from their home for the maximum time of the day. They can even look after the elder people and children from their respective workplace. Hence, demanding for smartphone based control applications which can ensure safer and energy efficient home.

The global home automation market is segmented on the basis Home type, By application, networking technology and geography. By type this market is segmented on the basis of Luxury (custom) home automation systems, Mainstream home automation systems, DIY (Do It Yourself) home automation systems and Managed home automation services.

By application this market is segmented on the basis of Lighting, Safety and security, HVAC (Heating, Ventilation, and Air-Conditioning), Entertainment (Home audio and video) and Others(Robotics, heath care). By networking technology this market is segmented on the basis of Wired home automation systems, Power-line home automation systems, Computing network home automation systems and Wireless home automation systems. By geography this market is segmented on the basis of North America, Europe, Asia Pacific and Rest of the World.

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Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Protocols and Technologies Used in Home Automation Systems

8 Home Automation System Market, By Product

9 Home Automation System Market, By Software & Service

10 Home Automation System Market, By Geography

11 Competitive Landscape

12 Company Profiles

12.1 Honeywell International, Inc.

12.2 Legrand

12.3 Ingersoll-Rand PLC

12.4 Johnson Controls Inc.

12.5 Schneider Electric SE

12.6 Siemens AG

12.7 ABB Ltd.

12.8 Acuity Brands, Inc.

12.9 United Technologies Corporation

12.10 Samsung Electronics Co., Ltd.

12.11 Nest Labs Inc.

12.12 Crestron Electronics, Inc.

Other Related Market Research Reports:

Retail Automation Market to Exceed US$ 19.50 Billion By 2023

About Market Research Engine

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