Home Automation System Market: 2018 Top Key Players by Honeywell, Acuity Brands, Johnson Controls, United, Crestron Electronics, Legrand, Schneider Electric and Samsung by Forecasts

Global Home Automation System Market Research Report, By Protocol & Technology (Network and Wireless), By Product (Lighting, Security and Access Control, HVAC and Entertainment Control), Software & Algorithm (Behavioral and Proactive) by Forecast till 2023. The Global Home Automation System market is expected to reach approximately USD 85 Billion by 2023 growing at 11% CAGR over the forecast period 2018-2023.

Market Highlights:

Today, technology has become an integral part of people’s lives and with the advancement of automation technology life has become simpler and easier in all aspects. In today’s era Automatic systems are being preferred over manual system. Home automation system is growing rapidly as it provides comfort, convenience, better quality of life and security for people. Home automation system makes the operations of various home appliances convenient and saves energy. It involves automatic controlling of all electronic devices in homes or even remotely through wireless communication. Home automation systems facilitate centralized control of lighting, HVAC (Heating, ventilation, and air conditioning), audio/video systems, security systems, kitchen appliances and all other equipment used in home systems. This system is implemented with the help of sensors, controlling devices, and actuators. The sensors are capable of detecting light, motion, temperature and others sensing elements, and then send that data to the primary controlling devices. Controllers can be personal computers/laptops, touchpads, smartphones and other devices which are attached to the controlling devices like programmable-logic controllers that receive information from the sensors, and based on the program, control the actuators.

Get Sample Report @
https://www.marketresearchfuture.com/sample_request/6082

The home automation system market is expected to witness growth in the forecast period due to advancement in technology. There has been a rapid increase in the number of internet users over the past decade. Also, the widespread use of smartphones and the emergence of IoT technology are the major driving factors for the growth of home automation market. However, lack of awareness about home automation products and high initial investments in home automation may restraint the adoption of home automation systems.

Key Players:
• Honeywell International Inc. (U.S.)
• Acuity Brands, Inc. (U.S.)
• Johnson Controls Inc. (U.S.)
• United Technologies Corporation (U.S.)
• Crestron Electronics, Inc. (U.S.)
• Legrand (France)
• Schneider Electric Se (France)
• ABB Ltd. (Switzerland)
• Samsung Electronics Co., Ltd. (South Korea)
• Siemens Ag (Germany)

Segmentation:

By Product, the market is segmented into Lighting Control, Climate Control, Security and Access Control, HVAC Control, Entertainment Control, Energy Management Control and others.

By Protocol & Technology, the market is into Network and Wireless. By Network Technology, the market is segmented into CDMA, GSM/HSPA and LTE network. By Protocol, the market is segmented into Digital Addressable Lighting Interface (DALI), Ethernet, LONWORKS, and BACnet among others. By Wireless Technology market is segmented into IR, Zigbee, Z-wave, Wi-Fi, Bluetooth, etc.

By Software & Algorithm market is segmented into Behavioral and proactive.

Regional Analysis:

The geographical analysis of Home Automation System market is studied for North America, Europe Asia Pacific and the rest of the world.
North America is expected to dominate the home automation system market during the forecast period due to the presence of major key players such as United Technologies Corporation (U.S.), Honeywell International Inc. (U.S.), Johnson Controls Inc. (U.S.), Crestron Electronics, Inc. (U.S.), Acuity Brands, Inc. (U.S.) and others. Also, the rising demand for domestic energy management systems in this region is another major driving factor for the growth of the market. APAC region is expected to witness a healthy growth due to increasing number of new residential projects.

Get Full Report Details @ https://www.marketresearchfuture.com/reports/home-automation-system-market-6082

Target Audience:

• Automation & control vendors
• Automation & control networking technology vendors
• Real estate builders
• System integrators
• Homeowners
• Project consultants
• Designers/consultants (HVAC, security, and fire & safety)
• Component manufacturers (sensors & controls)
• Software and solution providers
• Home management systems (product & service providers)
• Associations & standards
• Government bodies involved in green buildings

Table of Contents

1 Executive Summary

2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
Continued...

List of Tables
Table 1 Home Automation System Market: By Region, 2018-2023
Table 2 North America Home Automation System Market: By Country, 2018-2023
Table 3 Europe Home Automation System Market: By Country, 2018-2023
Table 4 Asia Pacific Home Automation System Market: By Country, 2018-2023
Table 5 the Middle East & Africa Home Automation System Market: By Country, 2018-2023
Continued...

List of Figures
Figure 1 Global Home Automation System Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of Global Home Automation System Market
Figure 4 Value Chain of Global Home Automation System Market
Figure 5 Share of Home Automation System Market in 2018, By Country (In %)
Continued...

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Solutions, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Market Research Future
Office No. 528, Amanora Chambers
Pune – 411028
Maharashtra, India
Phone: +91 841 198 5042
Mail: sales@marketresearchfuture.com

This release was published on openPR.