openPR Logo
Press release

Home Automation Market to Reach US$25 Billion Globally by 2021

04-18-2017 11:23 AM CET | IT, New Media & Software

Press release from: Market Research Engine Research Reports

Florida, April 17: Market Research Engine has published a new report titled as “Home Automation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021”

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.

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

Global Home Automation Market is a growing due to increase in the Smart City projects and awareness regarding energy conservation. The home automation market is also supporting the growth of the industries such as real estate, consumer electronics and construction.

Growing purchasing power of the people, increase investment in building infrastructure, growing dependence on technology, and government support are the major drivers which were supporting the growth of this market. According to Market Research Engine, Home Automation market will see a significant growth in the coming years due to the ongoing and upcoming projects in the various developing and developed countries. “The global home automation market is a highly competitive market and it is expected to cross $20.00 billion by 2020, growing at a CAGR of 25.90% in the forecast period”.

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).

Download Free Sample Report: https://www.marketresearchengine.com/requestsample/home-automation-market

The smartphone based control applications are one of the applications which are growing in the Home automation market. “After successful growth in the mature markets of North America and Europe slowly, the market has started shifting towards the emerging markets of Asia Pacific and MEA due to the growing awareness, increase in demand and purchasing power of the consumers in these regions”.

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.

The global home automation market is segmented on the basis of following categories:

Home Automation Market: By application

• Lighting
• Safety and security
• HVAC (Heating, Ventilation, and Air-Conditioning)
• Entertainment (Home audio and video)
• Others(Robotics, heath care)

Home Automation Market: By networking technology

• Wired home automation systems
• Power-line home automation systems
• Computing network home automation systems
• Wireless home automation systems

Home Automation Market: By type

• Luxury (custom) home automation systems
• Mainstream home automation systems
• DIY (Do It Yourself) home automation systems
• Managed home automation services

Home Automation Market: By geography

• North America
• Europe
• Asia Pacific
• Rest of the World

About Market Research Engine

Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

Media Contact

Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862, +91-860-565-7204
Website: https://www.marketresearchengine.com/

Address: 3422 SW 15 Street, Suite #8942, Deerfield Beach, FL 33442, United States

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Home Automation Market to Reach US$25 Billion Globally by 2021 here

News-ID: 504232 • Views:

More Releases from Market Research Engine Research Reports

Textile Chemicals Market is Expected to Cross 13.5 Million Tons Globally by 2024
The global textile chemicals market by product is segmented assurfactants, desizing agents, colorants & auxiliaries, coating & sizing chemicals, yarn lubricants and finishing agents. According to its applications the market is further segmented in to home furnishing, apparels, industrial and others.The market segments in terms of geographical regions include North America, Europe, Asia-Pacific and Rest of the World(ROW). Browse Full Report @: https://www.marketresearchengine.com/reportdetails/textile-chemicals-market How Big is the Global Textile Chemicals Market? Global textile
Paints and Coatings Market Is Expected to Grow $153.0 Billion by 2020
The paint and coating market segmented in High Solids/Radiation Cure, Powder Coatings, Waterborne Coatings, and Solvent Borne Technologies. Also for the automotive sector it segmented for Aviation, Medical & Healthcare, Residential, Commercial uses. Browse Full Report @: https://www.marketresearchengine.com/reportdetails/paints-and-coatings-market How Big is the Global Paints and Coatings Market? The global paints and coatings market is expected to reach $125.0 billion by the end of 2015 and further increase to $153.6 billion by 2020, at
Ceiling Tiles Market is Expected to Cross US$ 43 Billion Globally By 2023
This market study analyses the market by its value chain. Value chain analysis starts with the analysis of feedstock products and ends with the analysis of end-user industry. The report uses “Market Attractiveness Analysis” and “Porter’s Five Forces Model” to analyze the diverse factors affecting the expansion of the market. Browse Full Report @: https://www.marketresearchengine.com/reportdetails/ceiling-tiles-market How Big is the Global Ceiling Tiles Market? The Global Ceiling Tiles Market was valued at US$
Pain Management Therapeutics Market is Expected to Exceed US$ 83 Billion by 2024
The pain management therapeutics market is segmented on the lines of its therapeutics, indication and regional. Based on therapeutics segmentation it covers antimigraine agents, non steroidal anti inflammatory drugs, anesthetics, antidepressants, anticonvulsants, opioids and other non narcotic analgesic. Opioidsis further segmented into tramadol, hydrocodones, oxycodaones and others such as methadone, meperidine, fentanyl, codeine, morphine. Based on indication segmentation the pain management therapeutics market covers cancer pain, post operative pain, migraine,

All 5 Releases


More Releases for Automation

Linear Transfer Systems Market to Witness Huge Growth by 2028 | ATS Automation, …
Linear Transfer Systems Market research report provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets. It also offers an in-depth examination of new product launches, recent developments, untapped geographies, and recent developments. Moreover, the report also provides intelligent insights on future technologies, R&D activities, and breakthrough product developments. Click Here For Free Sample + Related Graphs of the Report at: https://www.reportsnreports.com/contacts/requestsample.aspx?name=6210965 This research report
Linear Transfer Systems Market Top Key Players Focused - ATS Automation, Rockwel …
“Linear Transfer Systems Market” report explores manufacturer’s competitive scenario and provides market share for all major players of this market based on production capacity, sales, revenue, geographical presence and other major factors. The report also covers import/export data across all major regions covered in this report. Download Sample PDF copy of this report @ https://www.upmarketresearch.com/home/requested_sample/65246 The key players covered in this study ATS Automation Rockwell Automation Beckhoff Automation Preh IMA Automation Ruhlamat Afag Motion Index Drives Pematech TAKTOMAT Haberkorn Innovative Automation Mecsmart Systems Meto-Fer This
Global Linear Transfer Systems Market Report 2019 Companies included ATS Automat …
Market Reports Company has recently published 7th edition of Linear Transfer Systems Market Report which covers historic data of year 2013 to 2018 along with a forecast till year 2026. For inquiry or free sample pages email us at: sales@marketreportscompany.com The report provides a comprehensive view on the current state and future prospects of the market which analyzes different strategies for business growth. The global Linear Transfer Systems market was valued at
Linear Transfer Automation Market Size 2018 by Top Key Players and Application w …
The Linear Transfer Automation report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market This report studies the global Linear Transfer Automation market status and forecast, categorizes
Digital Process Automation Market Report 2018: Segmentation by Component, Busine …
Global Digital Process Automation market research report provides company profile for IBM (US), Appian (US), DST Systems (US), OpenText (Canada), K2 (US), Bizagi (England), DXC (US), Infosys (India), Oracle (US), Pegasystems (US), Tibco (US) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Linear Transfer Systems Market Trend to 2023 Profiling ATS Automation, Rockwell …
MarketStudyReport.com adds New “Global Linear Transfer Systems Market by Manufacturers, Countries, Type and Application, Forecast to 2023” new report to its research database. The report spread across 108 pages with table and figures in it. The report provides information on Industry Trends, Demand, Top Manufacturers, Countries, Material and Application. An inherent sub-vertical of the Manufacturing and Construction Industry space, Linear Transfer Systems Market stands to gain remarkable proceeds over 2018-2023, as