Global Smart Home Automation Market 2019 By Technology, Software & Services, Application, Growth, Trends, Business Opportunities and Forecast 2026
Orbis Research Market brilliance released a new research report of 115 pages on title ‘Global Smart Home Automation Market’ with detailed analysis, forecast and strategies. The study covers important players Such as Johnson Controls, ABB, Ingersoll-Rand, Schneider Electric, Legrand SA etc.
Dallas, United States – May 22, 2019 /MarketersMedia/ —
The worldwide Smart Home Automation Market is anticipated to reach around USD 203.3 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the entertainment segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global Smart Home Automation market.
Get a sample of the report from -> https://www.orbisresearch.com/contacts/request-sample/3177977
The growing demand for remote monitoring of homes, along with increasing costs associated with energy use increases the demand for smart home automation. The increasing use of mart home automation in the development of smart cities, along with government regulations regarding energy use and emissions support the smart home automation market growth. The rising adoption of Internet of Things, and smart devices boosts the adoption of smart home automation. Other factors driving the market growth include growing penetration of mobile devices, technological advancements, and development of smart cities. New emerging markets, emerging consumer demographics, and increasing awareness among consumers regarding efficient energy use would provide growth opportunities for smart home automation market in the coming years.
Top Players:
The companies operating in the smart home automation markett include Johnson Controls, ABB Ltd., Ingersoll-Rand plc, Schneider Electric, Legrand SA, Crestron Electronics, Inc., Siemens AG, Honeywell International, Inc., Control4 Corporation, and Leviton Manufacturing Company, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
For more Information or Any Query Visit @ https://www.orbisresearch.com/contacts/enquiry-before-buying/3177977
The rising concerns regarding energy efficiency has increased the adoption of smart home automation. Smart home automation systems maintain the controls of home equipment to maximize energy efficiency. For instance, the thermostat uses a temperature threshold to govern the home’s heating and cooling system. They can also be programmed with different target temperatures to keep energy usage at a minimum.
In 2017, North America accounted for the highest share in the global smart home automation market. The primary factors driving the smart home automation market growth in the region include established telecommunication industry and cloud infrastructure, rising penetration of mobile devices, technological advancements, and high investment in R&D. The introduction of favorable government regulations regarding energy usage and emissions, and rising awareness regarding use of energy efficient equipment boost the smart home automation market in North America. The increasing concerns regarding safety and access control, increasing development of smart cities, and growing adoption of connected devices and IoT further increase the demand of Smart Home Automation in the region.
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Info:
Name: Hector Costello
Organization: Orbis Research
Website: https://www.orbisresearch.com/reports/index/smart-home-automation-market-by-component-by-technology-by-channel-luxury-mainstream-diy-managed-by-application-lighting-entertainment-security-and-access-control-hvac-others-by-region-market-size-and-forecast-2017-2026
Source: MarketersMedia
Release ID: 515632
Copyright © 1999-2013 SproutNews.com
