openPR Logo
Press release

Global Home Automation Market driven by HVAC, Lighting, Safety and Security

Global Home Automation Market driven by HVAC, Lighting, Safety

The global home automation market is a highly competitive one with players striving to gain competitive advantage over each other, states Transparency Market Research (TMR) in a research report. The leading companies are incessantly focusing on providing their customers with high quality products that will also help them increase their current customer base and enhance customer experience at the same time. The top drawer vendors are aiming to increase their capacity and enhance their funding to research and development projects in order to make advanced home automation products to meet the ever increasing needs of consumers across the globe. The competition in the market is expected to intensify with the leading players rolling up their sleeves to provide advanced products and with new companies venturing in as well.

According to a TMR analyst, “The global market for home automation is expected to witness an outstanding 26.3% CAGR form 2014 to 2020. The market has been projected to rise from a valuation of US$4.41 bn in 2013 to a worth US$21.6 bn by the end of 2020.”

Browse The Press Release:
http://www.transparencymarketresearch.com/pressrelease/home-automation-market.htm

HVAC or Heating, Ventilation, and Air-conditioning to be Core Needs of Homeowners

The global market for home automation has been segmented on the basis of application into entertainment in the form of home video and audio, HVAC or heating, ventilation, and air-conditioning, security and safety, lighting, robotics, and healthcare, among others. These application employ home automation intensely as they are preferred to be controlled automatically by the homeowners. Homeowners are exhibiting a particular affection for HVAC systems as the demand for this is expected to rise in the coming years owing to the demand for these systems from automated and high-end homeowners. Moreover, the burgeoning of high speed internet connection in developed countries is likely to arise as a prime factor that the home automation market is dependent upon. High speed connectivity of internet enables for a comparatively smoother communication between devices. It is expected to play an important part in the application of several home appliances in France, Germany, the U.K., and the U.S.

Region-wise, the global home automation market is classified into North America, Asia Pacific, Europe, and the Rest of the World. The region that has been leading the market in the last couple of years and is expected maintain the leading position is North America. This leading position can be attributed to the rising demand for solutions pertaining to home automation in the region, growing penetration of smartphones, and enhanced connectivity speed of modes. The presence of high end technologies in Canada and the U.S. is further expected to give the market a further boost in the region.

Make an Enquiry @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=785

Energy Conservation to be Main Point of Focus Regarding Deployment

A noteworthy factor employed in courtesy of the global home automation market presently is its aptitude to endorse energy preservation and accomplish overall energy intake in a home. The reducing natural resources are hitting a high stress on the energy supply across the globe, while the demand only seems to rise. Home automation thus develops one of the approaches used by a distinct entity or a family for minimizing their daily energy consumption. Another trend which is visible in the propagation of home automation is the increasing use of smartphones across the globe. Smartphones permit a user to take advantage of a high degree of regulation over a smart home, thus conveying a greater kinship for customers towards home automation.

Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com

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 Global Home Automation Market driven by HVAC, Lighting, Safety and Security here

News-ID: 622360 • Views: 132

More Releases from Transparency Market Research

Electric Bus Market to Change the Future of Public Transportation
The electric bus market is expected to surpass US$ 165 Bn by 2026, expanding at a CAGR of more than 24% during the forecast period. The market for electric buses is anticipated to expand at a significant growth rate during the forecast period, owing to rising concern of society toward the environment. Request a PDF Brochure With Future Analysis@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=44898 The electric bus market is primarily driven by stringent emission norms across
Truck Mounted Concrete Pump Market Survey on Emerging Opportunities 2026
The concrete pump plays an important role in construction activities. It is utilized to transfer liquid concrete by pumping it from one place to another. There are different types of truck mounted concrete pumps such as boom or truck mounted pump, trailer, line or stationary pump and specialized usage pumps. Boom or truck mounted concrete pump dominates the market, and it is likely to maintain its dominance during the forecast
Automotive Roof Rails Market: The Development Strategies Adopted by Major Key Pl …
Automotive roof rails are set up on the roof of the vehicle. Roof rails are either vehicle-fitted by the OEMs or they can be attached as per requirement. Several light commercial vehicles have OEM-fitted roof rails. Passenger vehicles that are employed for commercial purposes or used for traveling purposes are likely to be fitted with roof rails. For More Industry Insight, Download Brochure@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=52443 Rise in demand for light commercial vehicles is
Automotive Torsional Vibration Dampers Market: Current Trends, Competitive Lands …
Torsional vibration dampers are crankshaft pulleys that comprise rubber material for dampening the vibrations produced within the engine compartment due to rotation of the crankshaft. The rubber material is mounted between the two metal parts. In most modern engines, torsional vibration is a major cause of noise and vibration, thus torsional vibration dampers are extensively utilized in order to neutralize all causes of vibration. For More Industry Insight, Download Brochure@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=52440 The

All 9057 Releases


More Releases for HVAC

HVAC Monitoring Saves School Building Significant Costs
Wireless Data Logging System Monitors Energy Usage in Real-Time CAS DataLoggers supplied the wireless data logging solution for a middle school maintenance supervisor who needed to perform power factor correction on the building’s HVAC system before winter arrived. The school needed a lightweight yet affordable HVAC monitoring system that could connect to most available power meters to measure the system’s pulse output. The supervisor also needed this device to be compatible
Mega Clima Iraq HVAC Expo 2019
4th Iraq Hvac Expo 2019: International Air Conditioning & Refrigeration Exhibition is organized by Elan Expo will take place on 25-27 April 2019 at Baghdad International Fair Ground at Baghdad, Iraq. IRAQ – THE MEETING POINT OF MANIFACTURERS In recent years, Iraq is one of the most preferable states in the construction sector through the Middle East. International investors are inclined to make investment to the country which is very rich
HVAC Centrifugal Compressors Market
The newly released research at Market Study Report titled “2017-2024 Global HVAC Centrifugal Compressors Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years. HVAC Centrifugal Compressors Market is estimated to exceed USD 1 billion by 2024; according to a new research report. Chillers application is expected to value over USD 700 million by 2024. Hotels, shopping malls, commercial offices and hospitals are
Automotive HVAC Technology Market 2018 by Type(Manual HVAC Systems, Automatic HV …
Automotive HVAC Technology MARKET The market research report on the Global Automotive HVAC Technology Market presents an in-depth information about the various aspects of the market, on both global and regional scales, which provides a better understanding of the present market landscape. The growth of the Automotive HVAC Technology market has been driven by the soaring demand for Automotive HVAC Technology in the well-established and emerging regions, current technological advancements, and the
HVAC Controls - Global Market Outlook (2017-2026)
Global HVAC Controls market is accounted for $11.92 billion in 2017 and is expected to reach $41.09 billion by 2026 growing at a CAGR of 14.7% during the forecast period. Rising acceptance of Internet of things (IoT) in the HVAC Industry, increasing demand for building automation systems and growing implementation of smart devices are some of the key factors fueling the market growth. However, lack of awareness regarding the benefits
HVAC Company offers Quality HVAC Services in Tulsa, Ok
Tulsa, Ok – SEPTEMBER 13, 2018–Finding the right HVAC services can be difficult for anyone. You want to hire a company that is qualified and will complete the job right the first time. The company that you are looking for needs, to be honest, and trustworthy as well. They are, after all, coming to your home. Wortman Central Air in Tulsa Oklahoma is the diverse, qualified and