Home Automation Market Driven by Entertainment Centers, Security & Access Control, Boom in Emerging Economies
The Home automation market is estimated to reach US$ 113.82 billion by 2025 from US$ 35.24 billion in 2016.
(EMAILWIRE.COM, August 19, 2018 ) The Home automation market is estimated to reach US$ 113.82 billion by 2025 from US$ 35.24 billion in 2016.
Home Automation market is described as a range of on-premises or cloud-based capabilities that enable a house control its various operations such as in-door temperature, lights, entertainment units and security controls with the help of devices, such as smartphone, tablets and sensor remote controls. The concept of home automation has been in existence since long, however, lately, due to the suitable confluence of vital market, strategic, regulatory and technology trends, the home automation market is expected to witness a new phase in Home Automation market growth trend.
The global home automation market by products is fragmented into Entertainment Centers, Security & Access Control, Lighting Control, Climate Control and Outdoor Automation System. The Home Automation market segmentation is based upon the various home automation products to improve efficiency and security. Security & Access control in the Home Automation market have acquired the biggest share of almost one-third in 2016, followed by Climate Control, and Lighting Control. The Security & Access Control product segment is expected to acquire the largest share attributed to the rising criminal incidences as well as increasing young working population seeking to monitor elderly and children through video surveillance.
Request Sample Copy is Available at@ http://bit.ly/2BndSjN
Key trend which will predominantly effect the Home Automation market market in coming year is that a majority of people are projected to get access to a massive count of home automation devices in almost every aspect of their lifestyle. Owing to the globe is anticipated to witness voice command technology in almost every device. Presently, the voice command technology is only present in limited devices and one of them is smart phones. Moreover, this technology is also expected to eclipse over the remote control technology. In coming years the majority would be able to witness combination of sensor products, unlike the connected sensors utilized by Febreze Home.
The overall Home Automation market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Home Automation market.
Some of the key players of home automation system market include
Johnson Controls
Siemens AG
Legrand
Schneider Electric SE
Honeywell International, Inc.
Control4 Corporation
ABB Ltd.
Crestron Electronics Inc.
Leviton Manufacturing Company, Inc.
Lutron
Ingersoll-Rand PLC
Vantage Controls
Companies:
1. Johnson Controls International Plc
2. Siemens AG
3. Legrand
4. Schneider Electric SE
5. Honeywell International Inc.
6. Control4 Corporation
7. ABB Ltd.
8. Crestron Electronics Inc.
9. Leviton Manufacturing Company, Inc.
10. Lutron Electronics Co., Inc
11. Ingersoll-Rand plc
Inquire For Reports At:- http://bit.ly/2MUOoLT
Home Automation market is described as a range of on-premises or cloud-based capabilities that enable a house control its various operations such as in-door temperature, lights, entertainment units and security controls with the help of devices, such as smartphone, tablets and sensor remote controls. The concept of home automation has been in existence since long, however, lately, due to the suitable confluence of vital market, strategic, regulatory and technology trends, the home automation market is expected to witness a new phase in Home Automation market growth trend.
The global home automation market by products is fragmented into Entertainment Centers, Security & Access Control, Lighting Control, Climate Control and Outdoor Automation System. The Home Automation market segmentation is based upon the various home automation products to improve efficiency and security. Security & Access control in the Home Automation market have acquired the biggest share of almost one-third in 2016, followed by Climate Control, and Lighting Control. The Security & Access Control product segment is expected to acquire the largest share attributed to the rising criminal incidences as well as increasing young working population seeking to monitor elderly and children through video surveillance.
Request Sample Copy is Available at@ http://bit.ly/2BndSjN
Key trend which will predominantly effect the Home Automation market market in coming year is that a majority of people are projected to get access to a massive count of home automation devices in almost every aspect of their lifestyle. Owing to the globe is anticipated to witness voice command technology in almost every device. Presently, the voice command technology is only present in limited devices and one of them is smart phones. Moreover, this technology is also expected to eclipse over the remote control technology. In coming years the majority would be able to witness combination of sensor products, unlike the connected sensors utilized by Febreze Home.
The overall Home Automation market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Home Automation market.
Some of the key players of home automation system market include
Johnson Controls
Siemens AG
Legrand
Schneider Electric SE
Honeywell International, Inc.
Control4 Corporation
ABB Ltd.
Crestron Electronics Inc.
Leviton Manufacturing Company, Inc.
Lutron
Ingersoll-Rand PLC
Vantage Controls
Companies:
1. Johnson Controls International Plc
2. Siemens AG
3. Legrand
4. Schneider Electric SE
5. Honeywell International Inc.
6. Control4 Corporation
7. ABB Ltd.
8. Crestron Electronics Inc.
9. Leviton Manufacturing Company, Inc.
10. Lutron Electronics Co., Inc
11. Ingersoll-Rand plc
Inquire For Reports At:- http://bit.ly/2MUOoLT
Contact Information:
The Insight Partners
Sameer Joshi
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
The Insight Partners
Sameer Joshi
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results