Transparency
Market Research announces the release of a report titled “Home
Automation Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014 - 2020”. The global home automation market
was valued at US$4.41 billion in 2014, and is expected to grow at a
CAGR of 26.3% from 2014 to 2020.
The
global home automation market has been growing on the backdrop of
advancements in technology and evolving economies. The primary growth
driver for this market is the comfort and convenience it provides to
its users. Additionally, growing awareness of energy consumption and
energy management is also making users choose home automation
solutions.
Other
factors adding to the growth of the global home automation market are
ubiquitous internet connectivity in regions such as the EU. One of
the segments expected to contribute massively to the growth of this
market is safety and security application segments.
The
global home automation market is segmented on the basis of
application, networking technology, type, and geography. The
application segment is inclusive of sub-segments such as safety and
security, lighting, HVAC, entertainment, robotics, and healthcare,
among others. On the basis of networking technology the market is
fragmented into wired home automation systems, power-line home
automation systems, computing network home automation systems, and
wireless home automation systems. Types segment is inclusive of
luxury, DIY, mainstream, and managed home automation systems.
Geographically, the regions included in this report are North
America, Europe, Asia Pacific, and Rest of the World.
Key
players in the global home automation market are Crestron
Electronics, Inc., AMX LLC, Control4 Corporation, 2GIG Technologies,
ADT Corporation, Siemens AG, Johnson Controls, iControl Networks
Inc., Honeywell International Inc., Vantage Controls, and Schneider
Electric SA.
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Transparency
Market Research (TMR) is a U.S. based market intelligence company
driven by high-pedigree consultants and researchers. TMR leverages
its Syndicated Research, Custom Research, and Market Consulting
expertise to help businesses make accurate decisions. TMR’s
exclusive blend of quantitative forecasting and trends analysis draws
on proprietary data sources and techniques, while their data
repository is continuously updated to reflect the latest trends.
Contacts
Transparency
Market Research
Mr.
Atil Chaudhari, +1-518-618-1030
USA-Canada
Toll Free: 866-552-3453
sales@transparencymarketresearch.com
http://www.transparencymarketresearch.com/
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