Title: Global Home Automation System market
1Global Global Home Automation System market
Report-Forecast 2023
Global Home Automation System market Report-
Forecast 2023
P a g e 1 Copyright
2017 Market Research Future.
2Global Home Automation System market Report-
Forecast 2023
VIEW REPORTS
SAMPLE REPORTS
3Global Home Automation System 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 Global Home Automation System
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.
4- Global Home Automation System 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)
5Global Home Automation System 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.
6Global Home Automation System market Report-
Forecast 2023 Regional Analysis The
geographical analysis of Global Home Automation
System market is studied for North America,
Europe Asia Pacific and the rest of the
world. North America is expected to dominate the
Global Home Automation System 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.
7Global Home Automation System market Report-
Forecast 2023
(Germany) are focusing on
the digital utilities transformation. P a g e
7 Copyright 2017 Market Research Future.