Press release
Global Home Automation Market Comprehensive Analysis to 2025 Lead By ABB, Crestron Electronics, Leviton Manufacturing, Lutron Ingersoll-Rand, Vantage Controls, Johnson Controls Siemens AG, Legrand, Schneider Electric, Honeywell and Control4
Global Home Automation Market
The home automation market is expected to grow from US$ US$ 40.10 Bn in 2017 to US$ 113.82 Bn by 2025 at a CAGR of 13.93% between 2017 and 2025.
Some of the key players of home automation system market include Johnson Controls, Siemens AG, Legrand, Schneider Electric SE, Honeywell International, Inc., Control4 Corporation, ABB Ltd., Crestron Electronics Inc., Leviton Manufacturing Company, Inc., Lutron, Ingersoll-Rand PLC, Vantage Controls
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Key trend which will predominantly effect the Home Automation market market in coming year is that a majority of people are projected to get access to a massive count of home automation devices in almost every aspect of their lifestyle. Owing to the globe is anticipated to witness voice command technology in almost every device. Presently, the voice command technology is only present in limited devices and one of them is smart phones. Moreover, this technology is also expected to eclipse over the remote control technology. In coming years the majority would be able to witness combination of sensor products, unlike the connected sensors utilized by Febreze Home.
The global home automation market by products is fragmented into Entertainment Centers, Security & Access Control, Lighting Control, Climate Control and Outdoor Automation System. The Home Automation market segmentation is based upon the various home automation products to improve efficiency and security. Security & Access control in the Home Automation market have acquired the biggest share of almost one-third in 2016, followed by Climate Control, and Lighting Control. The Security & Access Control product segment is expected to acquire the largest share attributed to the rising criminal incidences as well as increasing young working population seeking to monitor elderly and children through video surveillance.
Table of Contents:
1 Introduction
2 Key Takeaways
3 Home Automation Market Landscape
4 Home Automation Market - Key Industry Dynamics
5 Home Automation Market Analysis- Global
6 Home Automation Market Revenue and Forecasts to 2025 –Solutions
7 Home Automation Market Revenue and Forecasts to 2025 – Service
8 Home Automation Market Revenue and Forecasts to 2025 - Deployment Type
9 Home Automation Market Revenue and Forecasts to 2025 - Industry Vertical
10 Home Automation Market Revenue and Forecasts to 2025 - Geographical Analysis
11 Industry Landscape
12 Competitive Landscape
13 Home Automation Market, Key Company Profiles
14 Appendix
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