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Home Automation Market Rising at $21.0 Bn, Globally by 2020


Deerfield Beach, FL -- (SBWIRE) -- 05/05/2017 -- Home Automation (Luxury, Mainstream, DIY (Do It Yourself) and Managed) Market by Networking Technology (Wired, Power-line, Computing Network and Wireless) for Lighting, Safety and security, HVAC, Entertainment and Other (Robotics and Heath care) Applications - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020

According to the report, global home automation market was valued at around USD 5.0 billion in 2014 and is expected to reach USD 21.0 billion in 2020, growing at a CAGR of around 25% between 2015 and 2020.

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The report covers forecast and analysis for the home automation market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based on revenue (USD Million). The study includes drivers and restraints for the home automation market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the home automation market on a global level.

In order to give the users of this report a comprehensive view on the home automation market, we have included a detailed competitive scenario, and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter's five forces model for the home automation market has also been included. The study encompasses a market attractiveness analysis, wherein product segments are benchmarked based on their market size, growth rate and general attractiveness.

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The study provides a decisive view on the home automation market by segmenting the market based on types, networking technology and applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2014 to 2020. Key application markets covered under this study includes the use of this home automation in lighting, safety and security, HVAC (heating, ventilation, and air-conditioning), entertainment (home audio and video), other applications like robotics, heath care etc. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East and Africa with its further bifurcation into major countries including U.S. Germany, France, UK, China, Japan, India and Brazil.

The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. Key players profiled in the report include Crestron Electronics, Inc., Control4 Corporation, AMX LLC, ADT Corporation, 2GIG Technologies, Siemens AG, Johnson Controls, Honeywell International Inc., iControl Networks Inc., Vantage Controls, Schneider Electric SA.

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The report segments the global home automation market into:

Global Home Automation Market: Type Segment Analysis

Luxury (custom) home automation systems
Mainstream home automation systems
DIY (Do It Yourself) home automation systems
Managed home automation services

Global Home Automation Market: Networking Technology Segment Analysis

Wired home automation systems
Power-line home automation systems
Computing network home automation systems
Wireless home automation systems

Global Home Automation Market: Application Segment Analysis

Lighting, Safety and security
HVAC (Heating, Ventilation, and Air-Conditioning)
Entertainment (Home audio and video)
Others (Robotics, heath care)

Global Home Automation Market: Regional Segment Analysis

North America
Asia Pacific
Latin America
Middle East and Africa

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