Identify Hidden Opportunities of Home Automation Market | Global Analysis and Forecast Report By 2023 with Key Players - Crestron Electronics, AMX, Control4, Honeywell International, Johnson Controls, Siemens, Zigbee Alliences, Vantage Controls, Lightolie

The report on “Home Automation Market” will help Major Players and the new entrants to understand scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims.

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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Companies Covered in this Report are:
Crestron Electronics, Inc.
AMX LLC
Control4 Corporation
Honeywell International,
Johnson Controls,
Siemens AG,
Zigbee Alliences,
Vantage Controls,
Lightolier, Inc.
Daintree Networks, Inc.

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.

To penetrate into the home automation market, companies are adopting expansion strategies. For example, Zigbee has invested on customizing home automation products in order to target government and utilities market.

High Level Analysis
The bargaining power of customers is expected to increase due to entry of multiple companies in the market. Whereas, the bargaining power of suppliers is expected to remain moderate due to easier availability of necessary equipment. Degree of intersegment rivalry is expected rise higher as numerous players are present in the market and many other players are expected to step in. Threat of substitutes is low/moderate since the only available substitute to automated systems is human workforce.

KEY BENEFITS
The report explains advantages of home automation as compared to conventional home management activities by using work force. The advantages help to understand business opportunities in the market
The market dynamics explained in the report evaluates market potential.
Porter's five forces analysis and value chain models help to formulate strategies for the upcoming home automation market
Trends and market figures forecasting for the period 2014-2020 is made by using scientific statistical methodologies. The figures assist top level management in effective business planning.

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KEY DELIVERABLES
The global home automation market is classified according to application, technology, type and geographies.

Market by Application
Lighting
Safety and Security
HVAC
Entertainment
Energy Management
Others

Market by Technology
Wired
Power-line
Computing Networks
Wireless
Wi-Fi
Zigbee
Z-Wave
KNX
Others (Insteon, Wavenis, and X-10)

Market by Type
Luxury
DIY (Do-it-yourself)
Mainstream
Managed Services

Market by Geography
North America (NA)
Europe (EU)
Asia-Pacific (APAC)
Rest of the World (RoW)

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