Press release
Smart Home Automation Market is expected to reach USD 498.59 billion by 2030 : Cognitive Market Research
Smart Home Automation Market is expected to reach USD 498.59 billion by 2030 : Cognitive Market Research
- Smart home automation refers to the use of technology to control and automate various devices and systems in your home. It allows you to control everything from your lighting, heating and cooling, security systems, home entertainment systems, and even your appliances through a central system that can be accessed remotely.
Summary:
● The Global Smart Home Automation Market is projected to grow at a CAGR of 28.9% during the forecast period of 2023-2030.
● Increasing demand for lighting, entertainment, and energy-efficient home in the residential sector coupled with increasing adoption of advanced technologies and increasing disposable income is the major driving factor for the growth of the Smart Home Automation market.
● North America accounted for the largest market share in the Global Smart Home Automation Market.
"To know more The Smart Home Automation Market statistics click here: https://www.cognitivemarketresearch.com/smart-home-automation-market-report
Market Dynamics:
- The market is driven by increasing demand for lighting, entertainment, and energy-efficient home in the residential sector. Moreover, the increasing focus on home security globally supports the growth of the smart home automation market. These systems can be integrated with security systems, allowing one to monitor the home from a smartphone or tablet by receiving alerts when someone enters or leaves the home, and even viewing security footage remotely.
Market Segmentation:
Component:
● Hardware
● Software & Solutions
● Services
Product:
● Lighting Control
● Security & Access Control
● HVAC Control
● Entertainment & Other Controls
Technology:
● Cellular
● Wireless
● Others
Application:
● Security
● Lighting
● Entertainment
● HVAC & Energy Management
● Smart Kitchen
● Other Appliances
Fitment:
● New Construction
● Retrofit
The Major Players in Smart Home Automation Market are:
ABB Ltd., Control4 Corporation, Crestron Electronics, Honeywell International Inc., Ingersoll-Rand plc, Johnson Controls, Legrand SA, Leviton Manufacturing Company, Lutron Electronics Co., Schneider Electric, Siemens AG
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Regional Analysis:
- North America is a leading region of the Smart Home Automation market.
North America accounted for the major market share of the Smart Home Automation market owing to the increasing adoption of advanced technologies and increasing disposable income in this region. Moreover, increasing technological advancement and rising investment in research activities to develop innovative products are anticipated to support market growth.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Smart Home Automation Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology Review Complete Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global Smart Home Automation Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Smart Home Automation Market by Technology Segmentation Analysis (2018-2030)
Chapter 9 Global Smart Home Automation Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Smart Home Automation Market by Component Segmentation Analysis (2018-2030)
Chapter 11 Global Smart Home Automation Market by Product Segmentation Analysis (2018-2030)
Chapter 12 Global Smart Home Automation Market by Fitment Segmentation Analysis (2018-2030)
Chapter 13 Global Smart Home Automation Market Regional Analysis
• 13.1 Detailed Qualitative Analysis
• 13.2 Global Smart Home Automation Market Revenue by Region (2018-2030)
• 13.2 Global Smart Home Automation Market Share (%) by Region (2018-2030)
Chapter 14 North America Smart Home Automation Market Outlook (2018 - 2030)
Chapter 15 Europe Smart Home Automation Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Smart Home Automation Market Outlook (2018 - 2030)
Chapter 17 Latin America Smart Home Automation Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Smart Home Automation Market Outlook (2018 - 2030)
Chapter 19 Research Findings
To know more Smart Home Automation Market TOC click here: https://www.cognitivemarketresearch.com/smart-home-automation-market-report#table_of_contents
Related Report:
• Home Automation Kits Market - https://www.cognitivemarketresearch.com/home-automation-kits-market-report
• Home Automation Access Control and CCTV Market - https://www.cognitivemarketresearch.com/home-automation-access-control-and-cctv-market-report
• Home Automation Sensor Market - https://www.cognitivemarketresearch.com/home-automation-sensor-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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