A new Report by Delvens, titled "Home Automation Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The Global Home Automation Market size is projected to reach USD 78.4 billion in 2028 from USD 52.9 billion growing at a CAGR of 16.39% and Forecast to 2030
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Key Players of Home Automation Market
· ABB
· ADT
· Creston Electronics, Inc.
· Honeywell International Inc.
· Ingresoll Rand
· Johnson Controls
· Larsen & Toubro Ltd.
· Legrand
· Samsung Electronics Co., Ltd.
· Schneider Electric
· Universal Electronics Inc.
· Vivint and More
Smart home automation market growth is driven by the benefits it provides to end-users, including lower energy consumption, theft protection, and protection against illegal access to the home. Smart home automation solutions are becoming increasingly popular in the residential and hotel sectors for protecting personal and commercial assets like buildings, hardware infrastructures, personal possessions, and so on.
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Recent Developments:
January 2018-Interlogix, a part of United Technologies announced new feature and new components of its UltraSync Smart Home system that provides homeowners with improved homer security and automation solutions.
August 2020-ADT Inc. announced a long-term partnership with google LLC to offer smart home security solutions cross the United States. Moreover, google has invested USD 450 million in ADT Inc. in order to boost home security solution.
Home Automation Market is segmented into application, technology, end user and region.
On the basis of Application
· Lighting
· safety & security
· HVAC
· Entertainment
· Others
On the basis of Technology
· Wired
· Wireless
· On the basis of End User
· Residential
· Commercial
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In addition to the market data for Home Automation Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
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