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(Construction.IndustryNews247.Com, September 21, 2018 ) The global Home Automation Market by products is fragmented into Entertainment Centers, Security & Access Control, Lighting Control, Climate Control and Outdoor Automation System. Latest market study on "Home Automation to 2025 by Product (Entertainment Centers, Security & Access Control, Lighting Control, Climate Control and Outdoor Automation System) and Networking (Wired, Wireless and Power-Line) - Global Analysis and Forecast?, the home automation market is estimated to reach US$ 113.82 billion by 2025 from US$ 35.24 billion in 2016. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
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Top Key Players in Market
1. Johnson Controls International Plc 2. Siemens AG 3. Legrand 4. Schneider Electric SE 5. Honeywell International Inc. 6. Control4 Corporation 7. ABB Ltd. 8. Crestron Electronics Inc. 9. Leviton Manufacturing Company, Inc. 10. Lutron Electronics Co., Inc 11. Ingersoll-Rand plc
Key trend which will predominantly effect the Home Automation market market in coming year is that a majority of people are projected to get access to a massive count of home automation devices in almost every aspect of their lifestyle. Owing to the globe is anticipated to witness voice command technology in almost every device. Presently, the voice command technology is only present in limited devices and one of them is smart phones. Moreover, this technology is also expected to eclipse over the remote control technology. In coming years the majority would be able to witness combination of sensor products, unlike the connected sensors utilized by Febreze Home.
The developed regions such as North America and Europe, comprises of a rapidly increasing elderly population. Home automation systems provides several benefits for elderly such as emergency response, video monitoring, medication assistance, and better security among others.
There has been constant development in home automation industry. For instance, Honeywell, one of the leading provider of home automation products and solutions, recently launched a comprehensive range of home automation products in the Middle East region. The company's move towards expanding in the region is the increasing demand for home automation solutions as Middle East is witnessing a high growth in the construction of premium residential projects.
Some of the leading home automation market players are Johnson Controls, Siemens AG, Legrand, Schneider Electric SE, Honeywell International, Inc., Control4 Corporation, ABB Ltd, Creston Electronics, Inc., Leviton Manufacturing Company, Inc., and Lutron among others.
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About The Insight Partners: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
The Insight Partners
Sameer Joshi
+1-646-491-9876
sam@theinsightpartners.com
Source: EmailWire.Com
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