Home Automation Systems market

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Home Automation Systems Market Report-Forecast
2023
Home Automation Systems Market Report- Forecast
2023
P a g e 1 Copyright 2017
Market Research Future.
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Home Automation Systems Market Report- Forecast
2023
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Home Automation Systems Market Report- Forecast
2023 Summary Today, technology has become an
integral part of peoples lives and with the
advancement of automation technology life has
become simpler and easier in all aspects. In
todays era Automatic systems are being preferred
over manual system. Home automation system is
growing rapidly as it provides comfort,
convenience, better quality of life and security
for people. Home automation system makes the
operations of various home appliances convenient
and saves energy. It involves automatic
controlling of all electronic devices in homes or
even remotely through wireless communication.
Home automation systems facilitate centralized
control of lighting, HVAC (Heating, ventilation,
and air conditioning), audio/video systems,
security systems, kitchen appliances and all
other equipment used in home systems. This
system is implemented with the help of sensors,
controlling devices, and actuators. The Home
Automation Systems Market is expected to witness
growth in the forecast period due to advancement
in technology. There has been a rapid increase in
the number of internet users over the past
decade. Also, the widespread use of smartphones
and the emergence of IoT technology are the major
driving factors for the growth of home
automation market. However, lack of awareness
about home automation products and high initial
investments in home automation may restraint the
adoption of home automation systems.
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• Home Automation Systems Market Report- Forecast
  2023
• Major Key Players
• Honeywell International Inc. (U.S.)
• Acuity Brands, Inc. (U.S.)
• Johnson Controls Inc. (U.S.)
• United Technologies Corporation (U.S.)
• Crestron Electronics, Inc. (U.S.)
• Legrand (France)
• Schneider Electric Se (France)
• ABB Ltd. (Switzerland)
• Samsung Electronics Co., Ltd. (South Korea)
• Siemens Ag (Germany)

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Home Automation Systems Market Report- Forecast
2023
Segmentation By Product, the market is segmented
into Lighting Control, Climate Control, Security
and Access Control, HVAC Control, Entertainment
Control, Energy Management Control and
others. By Protocol Technology, the market is
into Network and Wireless. By Network
Technology, the market is segmented into CDMA,
GSM/HSPA and LTE network. By Protocol, the
market is segmented into Digital Addressable
Lighting Interface (DALI), Ethernet, LONWORKS,
and BACnet among others. By Wireless Technology
market is segmented into IR, Zigbee, Z-wave,
Wi-Fi, Bluetooth, etc.
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Home Automation Systems Market Report- Forecast
2023 Regional Analysis The geographical
analysis of Home Automation Systems Market is
studied for North America, Europe Asia Pacific
and the rest of the world. North America is
expected to dominate the Home Automation Systems
Market during the forecast period due to the
presence of major key players such as United
Technologies Corporation (U.S.), Honeywell
International Inc. (U.S.), Johnson Controls Inc.
(U.S.), Crestron Electronics, Inc. (U.S.), Acuity
Brands, Inc. (U.S.) and others. Also, the rising
demand for domestic energy management systems in
this region is another major driving factor for
the growth of the market. APAC region is expected
to witness a healthy growth due to increasing
number of new residential projects.
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Home Automation Systems Market Report- Forecast
2023
(Germany) are focusing on the
digital utilities transformation. P a g e
7 Copyright 2017 Market Research Future.