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Global Home Automation Market is Supposed to Reach US$ 32 Billion By 2022

10-10-2017 09:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: (MRE) Report

Home Automation Market

Home Automation Market

In this report, the global home automation market is segmented by product, software & service, and region. Based on product, the market is segmented into lighting control, security & access control, HVAC control, and entertainment & other controls. The home automation market is segmented on software & service into behavioral and proactive.

The global home automation market is expected to grow from US$ 4.41 billion in 2013 to US$ 21.6 billion by 2020, registering a compound annual growth rate (CAGR) of 26.3% during the forecast period.

A glimpse of the report structure is provided in the report description available on the website.
https://www.marketresearchengine.com/reportdetails/home-automation-market

AMX LLC, Crestron Electronics, Inc., Control4 Corporation, ABB Ltd., Honeywell International, and Schneider Electric SA are the most active players in the home automation market.

The growing purchasing power of the people, increasing investment in building infrastructure, rising dependence on technology, and government support are mainly driving the home automation market. In addition, the increase in demand for Smartphone-based control applications is expected to drive the market during the forecast period.

The global home automation market is also segmented on the basis of key regions, namely, North America, Western Europe, Asia Pacific, Central Eastern Europe, and the Middle East and Africa. North America and Western Europe are the key home automation markets. Apart from these mature markets, even the emerging markets are witnessing significant growth. The smart city projects in the mature and emerging markets such as Canada the U.K., Poland, Germany, and India are supporting the growth of the global home automation market.

Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Poland, Russia, Brazil, and GCC countries. The report includes a detailed study of global and regional home automation market and analyzes the variations in the growth of the industry in certain regions.

This report covers the home automation market, in terms of value, and forecasts the market size till 2022. It includes the market segmentation by product, software & service, and region. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the market share and company profiles of the key players in the global market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.

Request Free Sample Report: https://www.marketresearchengine.com/reportdetails/home-automation-market

The report provides global market trends, with data from 2013, estimates for 2014 and 2015, and projections of CAGRs through 2022. This deep-dive study on the home automation market will help customers identify new market opportunities and targeted promotional plans.

Table of Contents

1 INTRODUCTION
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter’s Five Forces Model
6.3.1 Threat of New Entrants
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Suppliers
6.3.4 Bargaining Power of Buyers
6.3.5 Intensity of Competitive Rivalry
7 Protocols and Technologies Used in Home Automation Systems
8 Home Automation System Market, By Product
9 Home Automation System Market, By Software & Service
10 Home Automation System Market, By Geography
11 Competitive Landscape
12 Company Profiles
12.1 Honeywell International, Inc.
12.2 Legrand
12.3 Ingersoll-Rand PLC
12.4 Johnson Controls Inc.
12.5 Schneider Electric SE
12.6 Siemens AG
12.7 ABB Ltd.
12.8 Acuity Brands, Inc.
12.9 United Technologies Corporation
12.10 Samsung Electronics Co., Ltd.
12.11 Nest Labs Inc.
12.12 Crestron Electronics, Inc.

About Us

Market Research Engine (MRE) is a next-generation provider of syndicated research, customized research, and consulting services. MRE’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 Market Research Engine’s research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862
Country: United States
Website: https://www.marketresearchengine.com/

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