Smart Homes & Buildings Market is Garner $35.3 Billion, Globally, by 2020

Smart Homes and Buildings Market report published by Allied Market Research. The study concludes that the global smart home and buildings market is expected to grow at a CAGR of 29.5% between 2012 and 2020. The market revenue of $4.8 billion in 2012 is expected to grow up to $35.3 billion by 2020. The main drivers for the growth of the market are government regulations, rising energy costs and raising awareness with respect to environmental concerns.

Energy efficiency has become the need of the hour as the global energy cost is increasing owing to the ever growing demand and environmental concerns of greenhouse gas (GHG) emission. The construction business is embracing the energy efficiency trend and using building automation system to meet the growing demand for energy efficiency in smart homes and buildings. The global smart, automated and energy efficient homes and buildings market report published by Allied Market Research discusses the in-depth analysis of this market which includes the drivers, restraints and opportunities for its growth.

The revenue of safety and security application is expected to reach $6,132.4 million by 2020 with an expected CAGR of 34.6% from 2013 to 2020. "This market is expected to evidence significant growth due to growing security concerns and enhanced safety features that smart automation systems can currently offer. With an increase in the working population, safety concerns with respect to aged parents and children is the biggest challenge. Smart home address these issues with highly-sophisticated remote monitoring technologies.

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However, there are some factors such as high upfront cost and lack of standards and interoperability which are expected to act as restraints for the market growth. North America is expected to generate revenue of $12.4 billion by 2020 growing at a CAGR of 25.9% from 2013 to 2020. However, the Asia-Pacific is a high-opportunity market that is expected to grow at a CAGR of 37.7% from 2013 to 2020.

The report has profiled some of the key players of the market such as Cisco Systems, Control4 Corporation, Emerson Electric Co. Leviton, Honeywell International, LG Electronics, Schneider Electric, Siemens Buildings Technologies, Smart home Inc., and United Technologies Corporation (UTC). The report also discusses the key strategies used by these companies to have a sustainable growth in the market.

LIST OF TABLES:

TABLE 1 GLOBAL SMART, AUTOMATED AND ENERGY EFFICIENT HOMES AND BUILDINGS MARKET, BY GEOGRAPHY, 2012-2020 , $MILLION
TABLE 2 GLOBAL SMART, AUTOMATED AND ENERGY EFFICIENT HOMES AND BUILDINGS MARKET, BY APPLICATION, 2012-2020, $MILLION
TABLE 3 ENERGY MANAGEMENT PROGRAMS IN SOME COUNTRIES
TABLE 4 GLOBAL ENERGY MANAGEMENT APPLICATION MARKET, BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 5 PROJECTS COMPLETION RATES IN PAST TWO YEARS
TABLE 6 GLOBAL LIGHTING CONTROL APPLICATION MARKET, BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 7 GLOBAL HVAC CONTROL APPLICATION MARKET, BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 8 GLOBAL APPLIANCE AND ENTERTAINMENT MARKET, BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 9 GLOBAL SAFETY & SECURITY APPLICATION MARKET, BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 10 GLOBAL HEALTHCARE & CHILD SAFETY APPLICATION MARKET, BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 11 GLOBAL SMART, AUTOMATED AND ENERGY EFFICIENT HOMES AND BUILDINGS MARKET, BY TECHNOLOGY, 2012-2020, $MILLION
TABLE 12 GLOBAL BLUETOOTH TECHNOLOGY MARKET FOR SMART HOMES AND BUILDINGS, BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 13 GLOBAL ZIGBEE TECHNOLOGY MARKET FOR SMART HOMES AND BUILDINGS, BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 14 GLOBAL RFID TECHNOLOGY MARKET FOR SMART HOMES AND BUILDINGS, BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 15 GLOBAL GSM/GPRS TECHNOLOGY MARKET FOR SMART HOMES AND BUILDINGS, BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 16 GLOBAL WI-FI TECHNOLOGY MARKET FOR SMART HOMES AND BUILDINGS, BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 17 GLOBAL END- USERS MARKET FOR SMART HOMES AND BUILDINGS, 2012-2020, $MILLION
TABLE 18 GLOBAL RESIDENTIAL USERS MARKET FOR SMART HOMES AND BUILDINGS, 2012-2020, $MILLION
TABLE 19 GLOBAL INDIVIDUAL HOMES MARKET FOR SMART HOMES AND BUILDINGS BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 20 GLOBAL RESIDENTIAL BUILDINGS AND HOUSING SOCIETIES MARKET FOR SMART HOMES AND BUILDINGS BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 21 GLOBAL COMMERCIAL USERS MARKET FOR SMART HOMES AND BUILDINGS, 2012-2020$MILLION
TABLE 22 GLOBAL CORPORATE OFFICES MARKET FOR SMART HOMES AND BUILDINGS BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 23 GLOBAL INDUSTRIAL PRODUCTION UNITS MARKET FOR SMART HOMES AND BUILDINGS BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 24 GLOBAL HEALTHCARE FACILITIES MARKET FOR SMART HOMES AND BUILDINGS BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 25 GLOBAL RETAIL OUTLETS AND CONVENIENT STORES MARKET FOR SMART HOMES AND BUILDINGS BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 26 GLOBAL HOTELS & RESTAURANTS STORES MARKET FOR SMART HOMES AND BUILDINGS BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 27 GLOBAL GOVERNMENT ORGANIZATIONS MARKET FOR SMART HOMES AND BUILDINGS BY GEOGRAPHY, 2012-2020, $MILLION
TABLE 28 GLOBAL SMART, AUTOMATED AND ENERGY EFFICIENT HOMES AND BUILDINGS MARKET BY PRODUCTS, 2012-2020, $MILLION
TABLE 29 GLOBAL SMART, AUTOMATED AND ENERGY EFFICIENT HOMES AND BUILDINGS MARKET BY SAFETY & SECURITY PRODUCTS, 2012-2020, $MILLION
TABLE 30 GLOBAL SURVEILLANCE CAMERAS MARKET FOR SMART HOMES AND BUILDINGS, BY GEOGRAPHY, 2012-2020, $MILLION

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