Press release
Smart Home Automation Market with Future Opportunities, Current Industry Trends and Analysis of Top Key Players: Johnson Controls, ABB Ltd., Ingersoll-Rand plc, Schneider Electric, Legrand SA, Crestron Electronics, Inc. Siemens AG and Honeywell Internatio
Smart Home Automation Market
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Smart Home Automation Market generated $65,350 million in 2017 and is anticipated to grow at a CAGR of 13.6% during the forecast period.
The demand for Smart Home Automation has increased owing to rising penetration of mobile devices, and growing demand for remote monitoring of homes. The rising concerns regarding safety and security coupled with increasing awareness regarding efficient energy use has resulted in the Smart Home Automation Market growth. The growing adoption of IoT and connected devices has increased the demand for smart home automation across the globe. The introduction of favourable government regulations further accelerates the adoption of Smart Home Automation. Growing demand from emerging economies, development of smart cities, increasing adoption of IoT, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.
Competitive Landscape: -
Smart Home Automation Market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
North America generated the highest revenue in the Smart Home Automation Market in 2017 owing the established telecommunication industry, and increasing awareness regarding efficient energy use in the region. The increasing penetration of mobile devices, along with growing development of smart cities further boost the market growth in the region.
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The leading companies profiled in Smart Home Automation Market report include: -
Johnson Controls
ABB Ltd.
Ingersoll-Rand plc
Schneider Electric
Legrand SA
Crestron Electronics Inc.
Siemens AG
Honeywell International Inc.
Control4 Corporation
Leviton Manufacturing Company Inc.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Smart Home Automation Market. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
TOC of Smart Home Automation Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3 Smart Home Automation Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
TOC Continued…...!!!
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Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
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Corporate Sales, USA
Polaris Market Research and Consulting
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Email: sales@polarismarketresearch.com
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