This press release was orginally distributed by SBWire
Edison, NJ — (SBWIRE) — 12/28/2021 — The Home Automation Market has witnessed continuous growth in past few years and is projected to grow at good pace during the forecast period of 2021-2027. The exploration provides a 360° view and insights, highlighting major outcomes of Home Automation industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. Additionally, the study helps venture or emerging players in understanding the businesses to make well-informed decisions. Some of the major and emerging players within the market are Crestron Electronics, Cytech Technology, Ingersoll-Rand, Johnson Controls, Legrand, Schneider Electric, Siemens, United Technologies Corporation & Honeywell International.
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By end users/application, market is sub-segmented as: Lighting, Safety & Security, HVAC, Entertainment
Breakdown by type, the market is categorized as: Lighting Control, Security & Access Control & HVAC Control
Players profiled in the report: Crestron Electronics, Cytech Technology, Ingersoll-Rand, Johnson Controls, Legrand, Schneider Electric, Siemens, United Technologies Corporation & Honeywell International
Regional Analysis for Home Automation Market includes: USA, Europe, Japan, China, India & South East Asia
The Home Automation Market size was USD 45.8 Billion in 2017, is projected to reach USD 114 Billion by the end of 2027, exhibiting a CAGR of 12%.
The Home Automation Market study covers on-going status, % share, upcoming growth patterns, development cycle, SWOT analysis, sales channels & distributions to anticipate trending scenarios for years to come. It aims to recommend analysis of the market by trend analysis, segment breakdown, and players contribution in Home Automation market upliftment. The market is sized by 5 major regions i.e., North America, Europe, Asia Pacific (includes Asia & Oceania separately), Middle East and Africa (MEA), and Latin America and further broken down by 18+ jurisdiction or countries like China, the UK, Germany, United States, France, Japan, India, group of Southeast Asian & Nordic countries etc.
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For Consumer-Centric data, demand-side or survey analysis can be added in final deliverable as part of customization that would include analysis and consumer behaviour of Home Automation Market by demographic factor such as Age, Gender, Occupation, Income Level or Education. {*subject to data availability and feasibility}
Consumer Traits Includes Following Patterns**
Consumer Buying patterns (e.g., comfort & convenience, economical, pride)
Customer Lifestyle (e.g., health conscious, family orientated, community active)
Expectations (e.g., service, quality, risk, influence)
Major Highlights from the Home Automation Market factored in the Analysis
Home Automation Market Measures & Parameters Addressed in Study: The report highlights Home Automation market features such segment revenue, weighted average selling price by region, capacity utilization rate, production & production value, % gross margin by company, consumption, import & export, demand & supply, cost bench-marking of finished product in Home Automation Industry, market share and annualized growth rate (Y-o-Y) and % CAGR.
Major Strategic Home Automation Market Developments: Activities such as Research & Development (R&D) by phase, ongoing and completed Merger & Acquisition (M&A) [deal value, purpose, effective year], Joint ventures (JVs), Technological tie-ups, Suppliers partnerships & collaborations, …….