Title: Global Home Automation System Market Share, Size and Forecast 2017-2022
1 Home Automation System Market Share, Size,
Growth, Opportunity and Forecast 2017-2022
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3Report Description and Highlights
Report Description
Global Home Automation System Market Catalysed by
Government Support The global home automation
system market has witnessed a healthy growth over
the past few years. Some of the major driving
forces include government regulations, increasing
focus on green building projects and increasing
standards of living. IMARC Groups latest
report, titled Global Home Automation System
Market Report and Forecast (2017-2022), finds
that the global home automation system market
reached a value of more than US 43 Billion in
2016, growing at a CAGR of nearly 8 during
2009-2016. Throughout the history, humans have
been continuously struggling to make their lives
easier and comfortable. Technological
advancements have finally provided homeowners
with a fully automated solution which enables
them to control, monitor and automate various
appliances and systems around the house with the
touch of a button. Home automation systems offer
numerous benefits such as energy efficiency, high
security, increase in the comfort level of the
end-user and a centralized management
facility. Request sample of the report
http//www.imarcgroup.com/request?typereportid7
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4Report Description and Highlights
Report Description
5Report Description and Highlights
Report Description
- Highlights of the Global Home Automation System
Market - Increasing focus on green building projects and
aspirational lifestyles remain the primary growth
driving factors. - On the basis of application, Security Access
Control Systems account for the majority of the
market share. - North America holds the majority of the global
share, representing the largest market. - Two of the major factors for the growing
popularity of home automation systems is the fact
that they help in the reduction of CO2 emissions.
In addition, governments across the globe have
also imposed several stringent regulations to
counter environmental issues, thereby,
encouraging house owners, building owners and
facility managers to install automation and
control systems. Moreover, aspirational
lifestyles and a drive to achieve a high standard
of living are further influencing the consumers
to invest in sophisticated technologies. Some of
the other driving factors include growing
disposable incomes, urbanization and
industrialization rates, internet penetration and
an increasing focus on green building projects.
According to the report, the market is further
expected to reach a value of more than US 72
Billion by 2022. - To get more information, please visit _at_
http//www.imarcgroup.com/home-automation-system-m
arket
6Report Description and Highlights
Report Description
- The market has been segmented on the basis of
application. Security Access Control Systems
currently represent the dominating segment
accounting for nearly a half of the total global
market. Based on type, Managed Home Automation
Systems account for around two-third of the
overall market. Region-wise, North America is the
largest contributor to the global home automation
system market, accounting for more than a half of
the total global share. The other major markets
include Europe and Asia. Some of the key players
operating in the market are Siemens AG, Honeywell
International, Inc., Johnson Controls Inc.,
Schneider Electric SE and Legrand. - The report has examined the global home
automation system market on the basis of - Application
- Security access control systems
- Entertainment other control systems
- HVAC control systems
- Lighting Control systems
-
- Type
- Managed services
- Mainstream
- Do It Yourself
- Luxury
7Report Description and Highlights
Report Description
- Region
- North America
- Europe
- Asia
- Rest of world
-
- Major Manufacturers
- Siemens AG
- Honeywell International, Inc.
- Johnson Controls Inc.
- Schneider Electric SE
- Legrand
- Ingersoll-Rand PLC
- ABB Ltd.
- Samsung Electronics Co., Ltd.
- Find more reports related to Technology and Media
Industry - Portable Medical and Healthcare Devices Market _at_
http//www.imarcgroup.com/global-portable-health-m
onitoring-devices-market
8Report Description and Highlights
Report Description
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