Press release
UAE Smart Homes Market (2016-2022)-6Wresearch
UAE Smart Homes Market (2016-2022)-6Wresearch
UAE is one of the leading markets for smart home systems in GCC region. Although, UAE market registered a slow growth during 2013-2015 owing to the decline in residential sector construction market coupled with the low FDI inflow. However, on account of growing awareness and increasing acceptance of automation technology, UAE market is expected to exhibit a major deployment of smart homes systems in the country.
According to 6Wresearch, UAE Smart Homes Market is expected to grow at a CAGR of 14.8% from 2016 to 2022. During 2010-15, physical security system segment has witnessed largest number of installations in the country; however, energy management system segment captured major share of the market revenue pie. The key reason for the increasing revenue from the energy management system segment is the high prices of the HVAC and automation systems.
According to Prijo Samuel, Senior Research Analyst, Research and Consulting, 6Wresearch, “Smart homes technology is being deployed majorly in new construction only, however physical security systems can be installed in the retrofit segment as well.”
He further added, “In UAE energy management systems are more preferred apart from security systems. Lighting control and temperature controllers generates maximum demand in the country”
According to Shefali Goel, Research Analyst, Research and Consulting, 6Wresearch, “Amongst all regions, Dubai Emirate contributes a major share in the market revenue due to increasing acceptance of automation technology and construction of modern villas.
However, during 2010-14, Abu Dhabi Emirate was the leading region in UAE owing to the high construction of villas,” Shefali Concluded.
Some of the leading players in UAE smart home market includes- ABB, Crestron, Control4, Legrand, Honeywell and Siemens.
“UAE Smart Homes Market (2016-2022)” provides in-depth analysis with 41 figures and tables covered in more than 75 pages. The report estimates and forecast overall UAE Smart Homes market by revenue, by segments such as physical security system, energy management system, blinds management systems and other home automation systems, and by region. The report also gives the insights on competitive landscape, market share by companies, companies benchmarking, company profiles, market drivers and restraints.
Source Link: http://www.6wresearch.com/press-releases/united-arab-emirates-uae-smart-homes-market-2016-22-share-forecasts-trends-size-growth-opportunity-media-news.html
For Further details, please contact:
Email Us: sales@6wresearch.com
Call Now: +91-11-430-24-305
With over 1000 custom research projects, 6Wresearch is a global market research and consulting firm specializes in niche and emerging markets.The Company over the past few years has developed itself to be a renowned market intelligence company which led strong emphasis on competitive and strategic intelligence.
6Wresearch, through its integrated survey model, offers its client real time market and competitive intelligence and thus enable our clients to devise market entry strategies to target particular market and geography.
Delhi/NCR Office
809, 8th Floor, Pearls Best Heights - II
Netaji Subhash Place, Pitampura
New Delhi, India-110034
Phone: +911143024305
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release UAE Smart Homes Market (2016-2022)-6Wresearch here
News-ID: 380805 • Views: …
More Releases from 6Wresearch- Market Intelligence Solutions
Why the Global Windows Market is Growing Steadily with Advancements in Technolog …
The global windows market has been witnessing a steady growth over the years. This growth is due to some major factors, such as construction activities are increasing and technological upgradation in window manufacturing. Furthermore, the demand for energy-efficient solutions has increased, which leads to a positive impact on the market growth. Windows are considered an important part of residential, commercial, and industrial buildings, which contribute to aesthetic appeal, ventilation, and…
Why the Global Wine Market is Growing Steadily with Innovations in Production an …
Wine is known for its antioxidant properties, especially red wine, which is considered healthy for the heart health. It has diverse ranges and flavors, which attracts wider consumer base. The global wine market has been experiencing a steady growth over the years. This growth is due to some key drivers, such as increasing wine consumption rate globally and increasing income levels of middle class population that allow consumers to spend…
Why the Global Semiconductor Market is Expanding Rapidly with Technological Adva …
The global semiconductor market is estimated to grow in the coming years as it is driven by some major factors, such as increasing demand across various industries such as consumer electronics, automotive, telecommunications, and industrial automation and e rising adoption of advanced technologies such as 5G, AI, and IoT. Other factor contributing to the market growth are a surge in demand for faster, smaller, and more energy-efficient chips, and innovations…
Why the Global Pulses Market is Growing Steadily with Advancements in Cultivatio …
Driven by the growing demand for plant-based protein and increasing recognition of the health benefits of pulses, the Global Pulses Market has been expanding. With high levels of protein, fiber, vitamins, and minerals, pulses such as lentils, chickpeas, and beans are crucial elements of a healthy eating plan. As plant-based diets gain widespread popularity and the demand for sustainable food options increases, pulse consumption is growing, especially among health-conscious and…
More Releases for UAE
Introduces "E-Invoicing UAE" - Simplifying Digital Compliance for UAE Businesses
KGRN Chartered Accountants, a leading name in financial and compliance consulting, has officially introduced its new service, "E-Invoicing UAE," to help organizations across the United Arab Emirates achieve effortless compliance with the Federal Tax Authority (FTA)'s digital invoicing regulations.
The E-Invoicing UAE platform by KGRN enables businesses to streamline their billing operations, automate tax compliance, and transition to the UAE's paperless invoicing system with confidence. The service is tailored for both…
Ashish Jain, a Renowned Fund Manager Expands into UAE Real Estate in UAE
Dubai - Ashish Jain, a world-renowned fund manager and CEO of Fortune Capital, Fortune Wealth, and the newly launched Alieus Hedge Fund, is stepping into the UAE real estate market as part of his latest strategic expansion. This move marks Jain's entry into the thriving property market, further cementing his reputation as a leader in global finance and innovation.
Image: https://www.getnews.info/uploads/9b42e4a62bfaef7aaf02043c03240d75.jpg
A Visionary Leader in Finance
With over 15 years of experience in…
Fitness Equipment Market UAE | UAE Fitness Market Revenue | Member Penetration U …
The fitness services means any service treatment, diagnosis, advice or instruction concerning to the physical fitness, comprising but not restricted to diet, body building, cardio-vascular fitness, or physical training programs and which you function as or on behalf of the named insured. The fitness services market is commonly propelled by the increasing concerns over the healthy lifestyles around the populace throughout the UAE. Growing health awareness concerning the advantages of…
UAE Fitness Services Market, UAE Fitness Services Industry, Covid-19 Impact UAE …
A strong growth has been witnessed with a considerable expansion in the number of boutique and budget fitness centers directly contributing to the economy.
High Obese and Obesity Rate: Increase in membership rate in UAE fitness centers due to the prevalence of high obese population and obesity rate (Adult obesity in the UAE stood at 27.8% in 2019) has positively affected the market.
Growth of Ladies Fitness Center: Opening up…
wifi solution in uae
Welcome to MAK, Wifi solutions provider in UAE. We bring everything that you would expect from an internet service provider – a highly professional installation and setup, high internet speed, a reliable network, great technical support and customer service to create a remarkable experience for the users, thereby remaining the most trusted WiFi Solutions provider in Dubai and across UAE.
Designing Efficient and Cost Effective Home Wifi Networks
Keep the connections to…
UAE Nuclear Power Sector UAE Nuclear Power Sales Report
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990
Report Table of Contents
1. UAE Power Sector Scenario
1.1 Existing Power Generation Outlook
1.2 Current & Projected Power Demand
2. Why UAE Energy Policy beyond Oil & Gas?
3. UAE Nuclear Power Sector Overview
3.1 UAE Entering into Nuclear Power Sector
3.2 Nuclear Policy Overview
4. UAE Nuclear Power Sector Dynamics
4.1 Favorable Parameters
4.2 Nuclear Power Sector…
