DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/xt7v6p/home_automation) has announced the addition of the "Home Automation and Control Market by Lighting Control, Security & Access Control, HVAC Control, and Geography - Global Forecast to 2020" report to their offering.
The global home automation and security control market was worth $5.77 billion in 2013 and is expected to reach $ 12.81 billion by 2020; this market is projected to grow at CAGR of 11.36 % between 2014 and 2020
The demand for energy efficient solutions coupled with the rising concerns for enhanced security has spurred the market for home automation & security control. This market, which initially started with wired technologies, has now entered the era of wireless technologies with the emergence of technologies such as ZigBee, Z-Wave, EnOcean, and others.
The entertainment segment which held a major market share in the early stage is now surpassed by safety and security segment, which is expected to continue to be the largest market, during the forecast period. Moreover, with the economic slowdown globally, affecting the consumer spending on luxury things, the scope for growth of cost saving applications such as HVAC and energy management has improved, leading such segments to show healthy signs of growth.
Currently, the market is in the high growth stage of the industry life cycle, and is expected to remain in this phase till 2020. In this report, the home automation and security control market has been segmented into lighting control, security & access control, HVAC control, entertainment control, and others. It also covers the overall as well as product-wise market dynamics of the entire home automation and security control market, which includes drivers, restraints, and opportunities along with, their impact in the current as well as future scenario.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Protocols & Technologies
8 Market By Product Segment Analysis
9 Geographic Analysis
10 Competitive Landscape
11 Company Profiles
- ABB Ltd.
- Crestron Electronics Inc.
- Cytech Technology Pte. Ltd
- Honeywell International
- Ingersoll-Rand Plc.
- Johnson Controls Inc.
- Legrand S.A.
- Schneider Electric SA
- Siemens AS
- United Technologies Corporation
For more information visit http://www.researchandmarkets.com/research/xt7v6p/home_automation
