Home Automation Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-2582 | Report Format : | Status : Upcoming |

Abstract

Global Home Automation Market: Overview

The rising requirement for functions such as the exceptional experience provided by smart home automation and convenience of remote operation is expected to boost the global home automation market. This industry is anticipated to see an elevation in share due to the increasing acceptance of devices or systems in a lot of apps such as lighting, security, HVAC & energy management, entertainment, and smart kitchen. This tech has developed with rising preference amongst users for connectivity, convenience, security, and safety that are anticipated to power development of the global home automation market.

Global Home Automation Market: Growth Factors

Growing geriatric population and rising urban population have generated the requirement to integrate the concept of smart home automation so as to deal with the arising hurdles. The chances for the improvements of home automation employing applications, mobile, and other platforms over various time frames is anticipated to be huge thus propelling the global home automation market.

In addition to this, the rising penetration of Internet of Things (IoT) and enhancement of Internet accessibility that assists in the shift to direct digital controls for enhanced M2M (machine to machine) communication have motivated consumers to accept the technology of smart home automation, thereby boosting the global home automation market growth. On the other hand, factors such as high installation cost and less awareness might cause a challenge to the demand of the global home automation market over the future period.

Global Home Automation Market: Segmentation

On the basis of the component, the global home automation market has been divided into software, hardware, and service. The hardware sector is expected to control the component segment.

On the basis of application, the global home automation market has been bifurcated into lighting, security, HVAC & energy management, entertainment, and smart kitchen.

On the basis of technology, the global home automation market has been classified into wireless, cellular, and others. The wireless segment is expected to rule the market of wearable camera product.

Global Home Automation Market: Regional Analysis

The region of North American is expected to be the main regional sector due to the large user base and well-established manufacturers. The region added up to biggest income share and is anticipated to develop in the forecast period thereby fueling the growth of the global home automation market. The European, North American, and Asia Pacific areas are expected to stay the main income generating sectors for the global home automation market in the forecast period.

The Asia Pacific region is encountering a strong development in disposable revenue due to the macroeconomic incentive, which is expected to boost the market development. Innovative techs, such as voice-based smart home gadgets, and increasing geriatric user base are the main factors powering the demand of global home automation market over the forecast period.

Global Home Automation Market: Competitive Players

Important market players in the global home automation market are Control4 Corporation, ABB Ltd., Honeywell International Inc., Crestron Electronics, Inc., Johnson Controls, Ingersoll-Rand plc, Leviton Manufacturing Company, Inc., Legrand SA, Schneider Electric, Lutron Electronics Co., Inc., and Siemens AG.

Global Home Automation Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Digital Fault Recorder Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3431 | Report Format:

Global Digital Fault Recorder Market: Overview Digital fault recorder or DFR is an intelligent electronic device (IED). This device records information about disturbances in power systems. The digital fault recorders can store data in a digitized form based on certain conditions in the power sys...Read More

3D TSV Market by Product (Memory, MEMS, CMOS Image Sensors, Imaging and Optoelectronics, Advanced LED Packaging, and Others) and by End-Users (Consumer Electronics Sector, Information and Communication Technology Sector, Automotive Sector, Military, Aerospace and Defense, and Other Sectors): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024

Oct-2018 | Price : $ 4899.00 | Pages: 119 | Report Code: ZMR-3416 | Report Format:

The report analyzes and forecasts 3D TSV market on a global and regional level. The study offers historical data for 2015, 2016, and 2017 along with forecast from 2018 to 2024 based on revenue (USD Billion). Assessment of market dynamics gives a brief thought about the drivers and restraints for t...Read More

GPON Equipment Market by Component Type (Optical Cables, Optical Power Splitters, Optical Filters, and Wavelength Division Multiplexer/Demultiplexer) and by Product Type (Optical Line Terminal, Optical Network Terminal, and Passive Optical Splitters): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024

Oct-2018 | Price : $ 4899.00 | Pages: 123 | Report Code: ZMR-3399 | Report Format:

The report analyzes and forecasts the GPON equipment market on a global and regional level. The study offers past data from 2015 to 2017 along with forecast from 2018 to 2024 based on revenue (USD Billion). Assessment of market dynamics gives a brief thought about the drivers and restraints for th...Read More

E-House Market by Product (Skid and Mobile Substation), by Voltage (Medium Voltage and Low Voltage), and by Application Area (Oil & Gas, Mining, Utilities, Chemicals, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Sep-2018 | Price : $ 4899.00 | Pages: 158 | Report Code: ZMR-3383 | Report Format:

The report analyzes and forecasts the E-House market on a global and regional level. The study offers past data from 2015 to 2017 along with forecast from 2018 to 2024 based on revenue (USD Million). Assessment of E-House market dynamics gives a brief thought about the drivers and restraints for t...Read More

Electric Vehicle Charging Station Market by Application (Residential and Commercial), by Charging (Level 1, Level 2, and DC Fast Charging (3 Phase)), and by Standards (CHAdeMO, SAE, CSS, Tesla Supercharger, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024

Sep-2018 | Price : $ 4899.00 | Pages: 166 | Report Code: ZMR-3368 | Report Format:

The report analyzes and forecasts the electric vehicle charging station market on a global and regional level. The study offers past data from 2015 to 2017 along with forecast from 2018 to 2024 based on revenue (USD Billion). Assessment of electric vehicle charging station market dynamics gives a ...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.