The Home Automation System Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend and Growth during the study period (Upto 2022).
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The global home automation system market research report provides detailed information about the industry based on the revenue (USD MN) for the forecast period. The research study is a descriptive analysis of this market emphasizing the market drivers and restraints that govern the overall market growth.
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The trends and future prospects for the market are also included in the report which gives an intellectual understanding of the home automation system industry. Furthermore, the report quantifies the market share held by the major players of the industry and provides an in-depth view of the competitive landscape. This market is classified into different segments with detailed analysis of each with respect to geography for the study period.
A glimpse of the major drivers and restraints affecting the home automation system market is mentioned below :
A. Drivers :
- Significantly growing IoT market
- Cost reduction measures enabled by home automation systems
- Large number of manufacturers expanding their product portfolios
- Growing importance of home monitoring from remote locations
B. Restraints :
- Products of home automation industry to reach maturity level
- Market is more convenience-driven than necessity-driven
This market has been segmented based on applications such as lighting control (relays, occupancy sensors, daylight sensors, timers, dimmers, switches and accessories & other products), security and access control (video surveillance and access control), HVAC control (smart thermostats, sensors, control valves, heating & cooling coils, dampers, actuators, pumps & fans and smart vents), entertainment and other controls (entertainment control and other controls). The report provides forecast and estimates for each application in terms of market size during the study period. Each application has been further analyzed based on regional and country levels.
C. Major player assessed in the report is :
- Honeywell International, Inc.
- Ingersoll-Rand PLC
- Johnson Controls Inc.
- Schneider Electric SE
- Siemens AG
- ABB Ltd.
Geographically, this market has been segmented into regions such as North America, Europe, Asia Pacific, and Rest of the World. The study details country-level aspects based on each segment and gives estimates in terms of market size.
D. SEGMENTATIONS IN THE REPORT :
1. By Technology :
- Network Technologies
- CDMA Networks
- GSM/HSPA Networks
- Lte Networks
- Protocols & Standards
- Digital Addressable Lighting Interface (DALI)
- National Electrical Manufacturers Association (NEMA)
- Digital Multiplexer (DMX)
2. By Software & Service :
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