Home Automation Market Can Make your Life More Convenient and Enjoyable By Using Technology

In this report, the Global Home Automation Market is valued at USD 36.12 billion in 2015 and growing at a CAGR of over 22% between 2017 and 2025.
"Home Automation Market", published by Xpodence Research, provides extensive insight and analysis of the Home Automation Market over the next eight years (2015-2025) and acts as a vital point of reference for operators or suppliers.

Rising adoption across residential applications is expected to drive the market growth over the forecast period. Factors such as significant IoT market growth, cost reduction in home automation systems, and convenience of remote operation are projected to drive the home automation system market.

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Increasing adoption of devices or systems in applications such as lighting, HVAC & energy management, security, entertainment, and smart kitchen is projected to grow the market share. Also, increasing preferences of consumers for connectivity, convenience, safety, and security are further anticipated to propel the industry growth over the forecast period.
Home automation offers advanced digital technology & high end solutions for automated products. The technology delivers better efficiency & performance in household activities to centralized control the system. Furthermore, rising consumer awareness for energy efficient products, urbanization, and changing lifestyle with enhanced convenience, safety and security are also encouraging the market growth.

The report includes -

Segmentation: On the basis of technology, this report displays the revenue, market share and growth rate of each type, primarily split into

• Wired
• Wirless

On the basis of component, this report displays the revenue, market share and growth rate of each type, primarily split into

• Hardware
• Software
• Services

On the basis on the applications, this report focuses on the status and outlook for major applications, market share and growth rate for each application, including

• Lighting
• HVAC
• Entertainment Control
• Security & Access Control

Geographic Segmentation: This report split global market into North
America, Europe, Asia Pacific, the Middle East and Africa and Latin America, with revenue (Million USD), market share and growth rate of AI in Agriculture for these regions, from 2015 to 2025 (forecast)

North America: U.S., Rest of North America
Europe: Germany, France, UK, rest of Europe
Asia Pacific: China, Japan, India and Rest of Asia Pacific
Middle East & Africa: GCC, North Africa, South Africa and Rest of MEA
Latin America: Brazil and Rest of Latin America

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Prominent players of the market are Electronic Control Corporation, ABB Ltd., Crestron Electronics Inc., Ingersoll-Rand PLC, Siemens AG, Honeywell International Inc., Legrand SA, Johnson Controls, Lutron Electronics Co. Inc., Leviton Manufacturing Company, Inc., and. Schneider Electric. Key players are adopting strategic initiatives which include R&D activities, new product developments, and continuous upgradation of product lines for profitability through better customer relationships.

About Us-

Xpodence Research is a U.S. based Market Research Company and offers the most extensive collection of progressive surveying syndicated and customized research reports of various categories for private and public industries across the globe.

We offer the comprehensive market research solution for all the industries by performing the in-depth study of industry trends, verticals globally. We believe in building an eternal bond with our customers through providing them inclusive research study both customized and syndicated based on their specific requirements.

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This release was published on openPR.