What Is Home Automation Devices and How Does It Work?
Home automation is utilization of intelligent terminals, which is automation system to control home appliances and equipment. Increase in awareness for efficient energy usage, rise in electricity prices, and technological advancements are expected to drive the home automation market growth.
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The factors that impact the global home automation market include development of innovative & energy efficient automated systems, growth in IoT market, increase in importance of home monitoring from remote locations, rise in consumer awareness related to availability of smart home devices such as automated security & lighting systems, and stringent government regulations. The adoption of home automation systems is increasing, owing to development of the construction industry and increase in demand for energy efficiency in smart homes & buildings.
List of the Top Key Companies:
1. ABB
2. ADT Inc.
3. Control4 (Wirepath Home Systems, LLC)
4. Crestron Electronics Inc.
5. Honeywell International Inc.
6. Johnson Controls International plc
7. Legrand
8. Savant Systems, Inc.
9. Schneider Electric
10. Siemens AG
Global Home Automation Devices Market Analysis to 2027 is a specialized and in-depth study of the home automation devices market with a special focus on the global market trend analysis. The report aims to provide an overview of home automation devices market with detailed market segmentation by product, technology, type. The global home automation devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading home automation devices market players and offers key trends and opportunities in the home automation devices market.
Source: The Insight Partners