Home Automation Systems Market Share 2021 Product Type, Applications, Industry Size, Revenue, Growth Opportunities, Top Key Players, Regions and Forecast to 2030

In a recent published report, Kenneth Research has updated the Home Automation Systems Market report for for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Home Automation Systems Market products.

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According to the statistics by the WHO, grew from 6.20% in 2001 to 6.69% in 2018. Additionally, the current healthcare expenditure per capita (current US$) grew 3x from USD 222.49 in 2001 to USD 721.88 in 2018.

The aggregated revenue of global home automation systems market is expected to reach $556.9 billion during 2018-2025 owing to a growing adoption of various types of robotics and automated devices in global households.
Highlighted with 55 tables and 79 figures, this 166-page report “Global Home Automation Systems Market by System Component, Software Algorithm, Product, Service Type, Technology, and Region 2014-2025: Growth Opportunity and Business Strategy” is based on a comprehensive research of worldwide home automation systems market by analyzing the entire global market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2014-2017, revenue estimates for 2018, and forecasts from 2019 till 2025.
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global home automation systems market in every aspect of the classification from perspectives of System Component, Software Algorithm, Product, Service Type, Technology, and Region.
Based on system component, the global market is segmented into the following sub-markets with annual revenue included for 2014-2025 (historical and forecast) for each section.
• Hardware
• Software
• Service
On basis of software algorithm, the global market is analyzed on the following segments with annual revenue in 2014-2025 provided for each segment.
• Proactive
• Behavioral
On basis of product type, the global market is analyzed on the following segments with annual revenue in 2014-2025 provided for each segment.
• HVAC Control and Energy Management
• Security and Access Control
• Entertainment Control
• Lighting Control
• Other Controls

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On basis of service type, the global market is analyzed on the following segments with annual revenue in 2014-2025 provided for each segment.
• Managed Services
• Mainstream
• Do-It-Yourself (DIY)
• Luxury
On basis of technology, the global market is analyzed on the following segments with annual revenue in 2014-2025 provided for each segment.
• Wired Technology
• Wireless Communication Technologies
• Network Technologies
• Power-line Technology
• Other Technologies
Geographically, the following regions together with the listed national markets are fully investigated:
• APAC (Japan, China, Australia, India, South Korea and Rest of APAC)
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
• North America (U.S. and Canada)
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
• RoW (UAE, Saudi Arabia, Qatar)
For each of the aforementioned regions and countries, detailed analysis and data for annual revenue are available for 2014-2025. The breakdown of all regional markets by country and split of key national markets by Product and Service Type over the forecast years are also included.
The report also covers current competitive scenario and the predicted manufacture trend; and profiles key robotics vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global home automation systems market for construction industry are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players:
ABB Ltd.
Amx LLC (Harman)
Control4 Corporation
Crestron Electronics, Inc.
Honeywell International Inc.
Ingersoll-Rand PLC
Johnson Controls, Inc.
Legrand
Leviton Manufacturing Company, Inc.
Lutron
Savant Systems LLC.
Schneider Electric SE
Siemens AG
Zigbee Alliance

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  •  Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

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