Home Automation Market Growth, Upcoming Challenges and Future Forecast 2017-2023 | Key Players include Crestron Electronics, Inc., AMX LLC, Control4 Corporation, Honeywell International
Home automation is automating home activities by using intelligent terminals to control home appliances and equipment. Home automation includes but not limited to centralized control of lighting, security checks/locks for home access, HVAC control and others.
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An automated home provides numerous benefits to end-user such as reduced energy spending, security from theft and protection from unauthorized access to a home. The solutions are gaining popularity among enterprises in order to protect their commercial assets such as buildings, hardware infrastructures and others. The research elaborates the competitive strategies for businesses with detailed market dynamics.
The market is driven by increasing demand of energy efficient solutions and rising security concerns. The market faces limitations due to high cost of automated homes. The growth opportunities of home automation market are due to increasing adoption of automated services, and government incentives for green initiatives.
The Major players reported in the market include:
Key players operating in the global home automation market are Crestron Electronics, Inc.; AMX LLC; Control4 Corporation; Honeywell International, Inc.; Johnson Controls, Inc.; Siemens AG, Zigbee Alliences, Vantage Controls, Lightolier, Inc. and Daintree Networks, Inc.
The study provides an in-depth analysis of the Home Automation market along with current and future trends to elucidate the imminent investment pockets.
The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.
Porter's Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.
The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.
The quantitative analysis of the market during the period of 2017-2023 is provided to elaborate the market potential.
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KEY MARKET SEGMENTS:
Market by Application
Safety and Security
Market by Technology
Others (Insteon, Wavenis, and X-10)
Market by Type
Central & South America
Middle East and Africa
TABLE OF CONTENTS
CHAPTER 1 INTRODUCTION
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
CHAPTER 4 WORLD HOME AUTOMATION MARKET, BY END USER
CHAPTER 5 WORLD HOME AUTOMATION MARKET, BY APPLICATION
CHAPTER 6 WORLD HOME AUTOMATION MARKET, BY GEOGRAPHY
CHAPTER 7 COMPANY PROFILES
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Name: Sameer Joshi
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