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Global Home Automation Market 2021 In-Depth Analysis Of Industry Share, Size, Growth Outlook Up To 2030
‘Home Automation Global Market Report 2021 – COVID-19 Growth And Change’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the home automation industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.The countries covered in the global home automation market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global home automation market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The home automation market consists of sales of home automation devices by entities (organizations, sole traders, and partnerships) that use hardware and software technologies that allow users to control and manage their home's appliances and devices. A home automation system is a technological solution that allows the majority of electrical, electronic, and technology-based activities in a home to be automated. Home automation is also referred to as domotics, and a home equipped with an automation system is referred to as a smart home.
The global home automation market is expected to grow from $48.52 billion in 2020 to $54.41 billion in 2021 at a compound annual growth rate (CAGR) of 12.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The home automation market is expected to reach $85.42 billion in 2025 at a CAGR of 11.9%.
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The global home automation market is segmented -
1) By Product: Lighting Control, Security And Access Control, HVAC Control, Entertainment, Others
2) By Technology: Wired Home Automation System, Wireless Home Automation System
3) By End User: Residential, Commercial, Others
Major players in the home automation market are ABB, Crestron Electronics Inc., Schneider Electric, Honeywell International Inc., Johnson Controls Inc., Siemens AG, Legrand, Control4, Home Brain, Savant Systems Inc., Lutron Electronics Company, Sauter AG, United Technologies Corporation, Bosch Security and Safety Systems, Silvan Innovation Labs, Elan Home Systems LLC, Fueb, and Harman International.
Need More? Read Further On The Home Automation Market Here:
https://www.thebusinessresearchcompany.com/report/home-automation-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Home Automation Market Characteristics
3. Home Automation Market Trends And Strategies
4. Impact Of COVID-19 On Home Automation
5. Home Automation Market Size And Growth
.....
26. Africa Home Automation Market
27. Home Automation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Home Automation Market
29. Home Automation Market Future Outlook and Potential Analysis
30. Appendix
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