Home Automation
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Transparency Market Research<br />
<strong>Home</strong> <strong>Automation</strong> Market<br />
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REPORT DESCRIPTION<br />
<strong>Home</strong> automation systems are used to automate various processes within a residential property. These could include<br />
functions such as dimming the lights, operating smart appliances, managing the entrance gate and cameras, turning<br />
on/off the AC, and other similar processes. <strong>Home</strong> automation systems are powered by electricity but can be<br />
operated or controlled manually. <strong>Home</strong> automation solutions are continuously evolving due to consistent<br />
technological advancements. The increasing demand for home automation solutions incorporating the latest<br />
technology, in order to experience high-end digital technology and better performance is driving the market.<br />
<strong>Home</strong> <strong>Automation</strong> Market:<br />
http://www.transparencymarketresearch.com/home-automation-market.html<br />
The persistent need for high performance solutions for domestic applications such as safety, entertainment, lighting,<br />
energy, and HVAC is the primary growth driver of the home automation market across the globe. The growth of the<br />
market is supported by the rising penetration of the internet across countries such as the U.K., France, and Germany.<br />
As consumers become more focused on energy conservation and management, there is a rise in the demand for<br />
automated energy management solutions. This is driving the home automation market. Smartphones, tablets, and<br />
other handheld devices are increasingly being used, which adds to the ease of establishing home automation<br />
systems.<br />
The global home automation market is segmented on the basis of application, networking technology, type, and by<br />
geography. On the basis of geography, the market is segmented into Asia Pacific, Europe, North America, and Rest of<br />
the World, of which North America dominated the market in 2014 and is expected to continue its dominance till<br />
2020. The dominance of the region is marked by developments in technology in countries such as Canada and the<br />
U.S. Additionally, the growing affinity of consumers for newer technology is expected to boost the home automation<br />
market in North America. Europe and Asia Pacific followed North America in terms of revenue share, and collectively<br />
accounted for over 40% of the global home automation market.<br />
On the basis of application, the market is segmented into safety and security, HVAC (heating, ventilation, and airconditioning),<br />
lighting, entertainment, and energy management. Of these, the safety and security segment<br />
accounted for the highest share of revenue in 2014 and is expected to remain the highest during the forecast period.<br />
The high demand for safety and security home automation systems is due to the increasing risk of criminal activities<br />
such as theft and robbery. The entertainment and lightening segment followed the safety and security segment in<br />
terms of market revenue.
Brochure of <strong>Home</strong> <strong>Automation</strong> Report is Out Now Get a Copy at: http://bit.ly/1qZczN6<br />
Key players profiled in the report include: Honeywell International Inc., AMX LLC, iControl Networks Inc., Crestron<br />
Electronics, Inc., 2GIG Technologies, ADT Corporation, Control4 Corporation, Siemens AG, Vantage Controls,<br />
Schneider Electric SA., and Johnson Controls.<br />
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