The Global Home Automation Market covered a value of USD 45.8 Bn in 2017 and is anticipated to reach USD 114 Billion by 2027.
Home automation is the utilization of intelligent terminals, which are automated systems that control household appliances and equipment. Rising awareness of efficient energy use, rising electricity prices and technological advancements are expected to drive the home automation market growth. Additionally, rising safety and security concerns have spurred adoption of home automation systems, accelerating market growth.
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A full report of Global Home Automation Market is available at: https://www.orionmarketreports.com/home-automation-market/60846/
Market Segments
By Application
- Lighting
- Safety & Security
- HVAC
- Entertainment
- Others
By Technology
- Wired
- Wireless
By Type
- Luxury
- Do it Yourself (DIY)
- Managed
- Mainstream
Key Players
- Crestron Electronics Inc.
- AMX LLC (Harman)
- ABB Ltd.
- Control4 Corporation
- Honeywell International Inc.
- Johnson Controls Inc.
- Siemens AG
Scope of the Report
The research study analyzes the global Home Automation industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Home Automation Market Report
1. What was the Home Automation Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Home Automation Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Home Automation Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Home Automation market.
- The market share of the global Home Automation market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Home Automation market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Home Automation market.
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
