Global Home Automation Market Insights and Forecast to 2025
Summary –
A new
market study, “Global Home Automation Market Insights and Forecast
to 2025 “has been featured on WiseGuyReports.
In this report, the Global Home Automation
Market is valued at USD 36.12 billion in 2015 and growing at a CAGR of over 22%
between 2017 and 2025.
"Home
Automation Market", published by Xpodence Research,
provides extensive insight and analysis of the Home Automation Market over the
next eight years (2015-2025) and acts as a vital point of reference for
operators or suppliers.
Rising adoption across residential applications
is expected to drive the market growth over the forecast period. Factors such
as significant IoT market growth, cost reduction in home automation systems,
and convenience of remote operation are projected to drive the home automation
system market.
Increasing adoption of devices or systems in
applications such as lighting, HVAC & energy management, security,
entertainment, and smart kitchen is projected to grow the market share. Also,
increasing preferences of consumers for connectivity, convenience, safety, and
security are further anticipated to propel the industry growth over the
forecast period.
Home automation offers advanced digital
technology & high end solutions for automated products. The technology
delivers better efficiency & performance in household activities to centralized
control the system. Furthermore, rising consumer awareness for energy efficient
products, urbanization, and changing lifestyle with enhanced convenience,
safety and security are also encouraging the market growth.
The report includes -
Segmentation: On the basis of technology, this
report displays the revenue, market share and growth rate of each type,
primarily split into
• Wired
• Wirless
On the basis of component, this report displays
the revenue, market share and growth rate of each type, primarily split into
• Hardware
• Software
• Services
On the basis on the applications, this report
focuses on the status and outlook for major applications, market share and
growth rate for each application, including
• Lighting
• HVAC
• Entertainment Control
• Security & Access Control
Geographic Segmentation: This report split
global market into North America, Europe, Asia Pacific, the Middle East and
Africa and Latin America, with revenue (Million USD), market share and growth
rate of AI in Agriculture for these regions, from 2015 to 2025 (forecast)
North America: U.S., Rest of North America
Europe: Germany, France, UK, rest of Europe
Asia Pacific: China, Japan, India and Rest of
Asia Pacific
Middle East & Africa: GCC, North Africa,
South Africa and Rest of MEA
Latin America: Brazil and Rest of Latin America
Key players: Overview of market leaders in Home
Automation market by top manufacturers/players, with Home automation revenue
(Million USD) and market share for each manufacturer/player; the top players
including ABB Ltd., Electronic Control Corporation, Crestron Electronics, Inc.,
Honeywell International Inc., Ingersoll-Rand PLC., Johnson Controls, Legrand
SA., Schneider Electric SE., Siemens AG., Leviton Manufacturing Company, Inc.,
and Lutron Electronics Co., Inc
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/3088920-home-automation-market-analysis-by-component-hardware-software
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