10 Best Home Automation Devices of 2020

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 List of 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

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.

The global home automation devices market is segmented on the basis of product, technology, type. On the basis of product, the market is segmented as lighting control, security and access control, HVAC control, entertainment control, others. On the basis of technology, the market is segmented as wired, wireless. On the basis of type, the market is segmented as luxury, managed, mainstream, do it yourself (DIY)

Source: The Insight Partners