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Analyst Predict: Home Automation Market to Grow at CAGR of +10% by 2023 – Know About Growth with Trends, Analysis by Regions, Type, Application and Top Players ABB Ltd., Johnson Controls, Inc., Crestron Electronics
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Home Automation Market is projected to reach at +$81,640 million by 2023, growing at a CAGR of +10% from 2017 to 2023.
Some prominent players: ABB Ltd., Johnson Controls, Inc., Crestron Electronics, Inc., United Technologies Corporation, Control4 Corporation, Schneider Electric SE, Siemens AG, Lutron Electronics Co., Inc, Ingersoll-Rand plc, Legrand SA, Savant Systems LLC, ADT LLC, Google Inc., Amazon Inc., AMX LLC, 2GIG Technologies, and SmartThings Inc.
Home Automation is a part of the lifestyle, incorporating these products and services, and has a high adoption rate of advanced technologies and has been trained in developed countries for the past 10 years. With this resonance, home automation in these countries is undergoing further technological advances. This report categorizes the global home automation market based on application, type, technology and geography. The applications covered in this study include lighting, safety and security, heating, ventilation and air conditioning (HVAC), entertainment and more. Based on technology, the home automation market is divided into wired and wireless technologies.
The global home automation market is driven by the development of innovative and energy efficient automation systems, the growth of the IoT market, the increasing importance of home monitoring in remote locations, the rising consumer awareness of the availability of smart home devices such as automated security and lighting systems, Rule. The adoption of home automation systems is increasing due to the development of the construction industry and the demand for energy efficiency of smart homes and buildings. The home automation industry is dominated by remote control solutions, and mobile apps and other advanced solutions are expected to hinder the growth of the home automation market because they are expensive and non-standardized in developing countries.
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Regionally, the report explores the impending of the global market in North America, Europe, Asia-Pacific (APAC), Middle East & Africa and Latin America. In addition to this, the countries generating high revenue in these mentioned regions have also been examined along with comprehensive coverage and innovation in these countries.
Table of Content
Chapter 1 Industry Overview of Home Automation
Chapter 2 Manufacturing Cost Structure Analysis of Home Automation
Chapter 3 Technical Data and Manufacturing Plants Analysis of Home Automation
Chapter 4 Global Home Automation Overall Market Overview
Chapter 5 Home Automation Regional Market Analysis
Chapter 6 Major Manufacturers Analysis of Home Automation
Chapter 7 Development Trend of Analysis of Home Automation Market
Chapter 8 Home Automation Marketing Type Analysis
Chapter 9 Conclusion of the Global Home Automation Market Professional Survey Report 2018
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