Seattle, WA -- (SBWIRE) -- 10/30/2019 -- A smart home is a suitable home setup where appliances and devices can be automatically controlled distantly from any internet-connected place in the world using a mobile or other networked device. A smart home has its devices connected through the internet, and the customer can regulate functions such as security access to the house, temperature, lighting and home theater.

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The growth of this market is driven by the following factors:

- Swelling aging populace
- Increased crime rates
- Initiatives by the government
- Intensifying adoption tariffs
- Growing urbanization & infrastructure projects

Key Market Trends:

- Smart HVAC Systems is the among the Most Significant Contributors to the Market
The smart HVACR (heating, ventilation, air conditioning and refrigeration) systems are critical with respect to the environmental controls around the house. They comprise of smart thermites, sensors, control valves, smart actuators, air conditioning systems, and smart room heaters, among other systems.

- The energy savings motive is mostly addressed by automated heater controls. The demand for efficient heating equipment has led to the increasing demand for automated heater controls, thereby making it one of the most significant contributors to the global HVAC equipment market. The heating equipment provides the required heating environment in a cost-effective manner.

This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering

Siemens AG, United Technologies Corporation, General Electric Company, Schneider Electric, Honeywell International, Ingersoll-Rand PLC, Johnson Controls, ABB, Legrand, Samsung Electronics, Acuity Brands, Lutron Electronics, Leviton Manufacturing Company

The global smart home market segments include products and services

Market by product

- Security
- Heating, ventilation, and air conditioning (HVAC)
- Lighting controllers
- Entertainment
- Energy management
- Home health
- Others

Market by service

- Installation & repair
- Customization

On the basis of geography, the global smart home market has been segmented into major regions

- North America
- China
- Europe
- Southeast Asia
- Japan
- India

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