Press release
Home Automation System Market 2019 Key Strategies by Leading Manufacturers (ADT Pulse, Johnson Controls, HomeSeer, Crestron Electronics, Siemens Ltd, Honeywell, AMX LLC, Frontpoint, Control4, SmartThings, Vera) Industry to Value US$ 92.64 billion at 6.5%
Global Home Automation System Market Size, Status and Forecast 2018-2023, a comprehensive research study published by DecisionMarketReports.comThe Home Automation System Market was worth USD 52.56 billion in 2014 and is expected to reach approximately USD 92.64 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.5% during the forecast period.
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The leading players in the market are ADT Pulse, Johnson Controls, HomeSeer, Crestron Electronics, Siemens Ltd, Honeywell, AMX LLC, Frontpoint, Control4, SmartThings and Vera. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Rising demand applications that can be used on a smart for home automation, developing awareness among consumers about energy consuming items, progressions in technology, comfort factor, urbanization, mobile connectivity, and change in way of life are the most critical driving components, which are boosting the development of the home automation market. Since home automation offers security, comfort and application of advanced technology, the interest for home automation market has expanded. Home automation products are not viewed as a must buy or a necessity. Their introductory installation cost is high, which is foreseen to inhibit the development of the market.
Home Automation System Market By Product (mainstream Home Automation System, Luxury Home Automation System, Managed Home Automation System, Diy[do It Yourself Home Automation System]), Network Technology (wireless Home Automation System, Wired Home Automation System, Computing Network Home Automation System, Others) And Application (lighting, Safety And Security, Heating, Ventilation And Air Conditioning, Entertainment [audio And Video], Others) – Global Industry Analysis And Forecast To 2023
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Home automation offers high quality solutions and makes use of progressed digital technology for the automation of products and systems. Home automation gives enhanced productivity and execution in automating the home or the household exercises to centrally control the system. Consumers need systems that are customized and professionally installed which is convenient to use. Home automation has been receiving traction in the course of the recent decade in developed nations attributable to consolidation of these services and products as a result of changing lifestyle and high rate of adoption of cutting edge technology.
The home automation market is anticipated to enlist a significant CAGR for the estimate time frame. Geographically, home automation market is divided into main regions such as Asia Pacific, North America, Eastern Europe, Japan, South America, Western Europe, and Middle East and Africa. North America rules the worldwide home automation market because of progression in technology, increasing consumer awareness and high quality connectivity. North America is trailed by Europe and Asia Pacific in the home automation market.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2023?
What will be the industry market growth from 2015 to 2023?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2014-2023)
4.2.2. France Market States and Outlook (2014-2023)
4.2.3. UK Market States and Outlook (2014-2023)
4.2.4. Russia Market States and Outlook (2014-2023)
4.2.5. Italy Market States and Outlook (2014-2023)
4.2.6. Rest of Europe Market States and Outlook (2014-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2014-2023)
4.3.2. Japan Market States and Outlook (2014-2023)
4.3.3. Korea Market States and Outlook (2014-2023)
4.3.4. India Market States and Outlook (2014-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2014-2023)
4.4.2. Argentina Market States and Outlook (2014-2023)
4.4.3. Columbia Market States and Outlook (2014-2023)
4.4.4. Rest of South America Market States and Outlook (2014-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2014-2023)
4.5.2. UAE Market States and Outlook (2014-2023)
4.5.3. Egypt Market States and Outlook (2014-2023)
4.5.4. Nigeria Market States and Outlook (2014-2023)
4.5.5. South Africa Market States and Outlook (2014-2023)
4.5.6. Rest of MEA Market States and Outlook (2014-2023)
5. Home Automation System Market, By Product
5.1. Introduction
5.2. Global Home Automation System Market Revenue By Product (2014-2018)
5.2.1. Global Home Automation System Market Revenue Share By Product (2014-2018)
5.3. Mainstream Home Automation System
5.3.1. Global Mainstream Home Automation System Revenue and Growth Rate (2014-2018)
5.4. Luxury home Automation System
5.4.1. Global Luxury home Automation System Revenue and Growth Rate (2014-2018)
5.5. Managed Home Automation System
5.5.1. Global Managed Home Automation System Revenue and Growth Rate (2014-2018)
5.6. DIY(Do It Yourself Home Automation System)
5.6.1.1. Global DIY(Do It Yourself Home Automation System) Revenue and Growth Rate (2014-2018)
6. Home Automation System Market, By Network Technology
6.1. Introduction
6.2. Global Home Automation System Market Revenue By Network Technology (2014-2018)
6.2.1. Global Home Automation System Market Revenue Share By Network Technology (2014-2018)
6.3. Wireless Home Automation System
6.3.1. Global Wireless Home Automation System Revenue and Growth Rate (2014-2018)
6.4. Wired Home Automation System
6.4.1. Global Wired Home Automation System Revenue and Growth Rate (2014-2018)
6.5. Computing Network Home Automation System
6.5.1. Global Computing Network Home Automation System Revenue and Growth Rate (2014-2018)
6.6. Others
6.6.1. Global Others Revenue and Growth Rate (2014-2018)
7. Home Automation System Market, By Application
7.1. Introduction
7.2. Global Home Automation System Market Revenue By Application (2014-2018)
7.2.1. Global Home Automation System Market Revenue Share By Application (2014-2018)
7.3. Lighting
7.3.1. Global Lighting Revenue and Growth Rate (2014-2018)
7.4. Safety and Security
7.4.1. Global Safety and Security Revenue and Growth Rate (2014-2018)
7.5. Heating, Ventilation and Air conditioning
7.5.1. Global Heating, Ventilation and Air conditioning Revenue and Growth Rate (2014-2018)
7.6. Entertainment (Audio and Video)
7.6.1. Global Entertainment (Audio and Video) Revenue and Growth Rate (2014-2018)
7.7. Others
7.7.1. Global Others Revenue and Growth Rate (2014-2018)
...Continued
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