Home Automation Market Report

Home Automation Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2014 To 2020

Format: PDF  |  Report ID: 671

Home automation involves introducing a degree of automation and computerized control to certain electronics and electrical systems. These appliances include garage doors, security systems, temperature control, audio/video equipments, electronic doors and lighting. The system can be controlled through WiFi or Bluetooth enabled devices such as laptop or mobile phone, while a desktop PC acts as a server. Thus the hardware cost and the installation cost are considerably low as most users pre- own the required hardware. Home automation solution meets the interoperability requirements of different applications and at the same time are easy to use and install. Rise in aging population is expected to be the major market driver. High initial set up or installation costs and lack of standard guidelines may pose a challenge for the growth of this market. However, corresponding decline and prices and increase in adoption of home automation may help overcome this challenge. Home automation and controls market include data distribution, lighting control, communication protocols, outdoor control, entertainment control, HVAC control, access control and security control. Lighting controls comprises dimming systems, manual switches, sensors, controllable breakers, central power systems and relay systems. Products under HVAC controls include humidity sensors, temperature sensors, zone & climate control and thermostats. Security controls encompasses touch screen and keypads, motion sensors, video surveillance systems and detection systems. Outdoor controls comprise parking garage controls, landscape controls and standalone and network controls. Recording TV programs from a remote location using IP based platform is another feature provided by home automation systems. Entertainment controls include touch screen and keypads, home theater system control, multimedia room controls and audio and video controls. Products under access control include touch screen and keypads, motion sensors, door contacts and access control systems. Growing interests of consumer electronics industry, rise in consumer disposable income, introduction of smart grids and assistance of power line communication are some of the factors expected to drive the market growth favorably. However, unethical technological breaches, lack of awareness among consumers and lack of skilled workforce could pose a challenge to the market growth.

Key vendors dominating the market include Ingersoll-Rand PLC, Emerson Electric Co. AMX, ABB Ltd., Legrand S.A. , Lutron Electronics, Inc., Schneider Electric S.A, Crestron Electronics Inc., Tyco International Ltd., Nortek Inc., Vivint Inc., Control4 Corporation, Honeywell and Siemens AG.

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