04 May 2020
Smart home automation is a part of IOT, in which the devices and appliances of home can be networked together to provide control overall aspect of the home. Recent technological developments of interconnected world at the touch of finger or simple voice command to Alexa, Google Assistant, Siri, and Cortana are the product version of smart home technology. With smart home automation, consumers can dictate how a device should react and when it should react. Customer can schedule to determine when the device should turn on and off. The customer can control time, money, and convenience according to the preference.
Smart Home Automation Market is valued at USD 74.87 Billion in 2018 and expected to reach USD 163.46 Billion by 2025 with CAGR of 11.8% over the forecast period.
Smart Home Automation Market is divided premise of innovation, type, application and area and nation level. Based on type, the keen home robotization showcase is isolated into extravagance, DIY, oversaw and standard. Based on innovation, the market is fragmented into wired and remote. Based on application, the market is divided into lighting, wellbeing and security, HVAC, amusement and others.
The smart home automation technology can send alerts to smart phone of any unforeseen events that take place in customer's absence. Smart home automation market is witnessing a significant growth as it is easy for the customers to control their devices through their home automation app by smartphones.
Smart Home Automation Market Segmentation: –
Luxury, DIY, Managed, Mainstream
Lighting, Safety & Security, HVAC, Entertainment, Others
Brandessence Market Research has announced the Top Seven Smart home automation Market Companies List In 2020:
ABB is a technology leader that is driving the digital transformation of industries. With a history of innovation spanning more than 130 years, ABB has four customer-?focused, globally leading businesses: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation, supported by the ABB Ability™ digital platform. ABB’s Power Grids business will be divested to Hitachi in 2020. ABB operates in more than 100 countries with about 147,000 employees.
- AMX by Harman
AMX® (www.amx.com) is part of the HARMAN Professional Division, and the leading brand for the business, education, and government markets for the company. As such, AMX is dedicated to integrating AV solutions for an IT World. AMX solves the complexity of managing technology with reliable, consistent and scalable systems comprising control and automation, system-wide switching and AV signal distribution, digital signage and technology management. AMX systems are deployed worldwide in conference rooms, homes, classrooms, network operation/command centers, hotels, entertainment venues and broadcast facilities, among others.
Control4 is a leading provider of automation and networking systems for homes and businesses, offering a personalized and unified smart home system to automate and control connected devices including lighting, audio, video, climate control, intercom, and security. Founded in 2003 by Eric Smith, Will West, and Mark Morgan, Control4 debuted at the 2004 CEDIA Expo home technology trade show and released its first products later that year, as an early entrant in the home automation market.
- Savant Systems LLC.,
Savant was founded in 2005 with the goal of providing the best experience in home automation. To us, that means products that are inventive, easy to use, and future-friendly, so our customers will be able to enjoy them for years.
As the first home automation company to embrace mobile technology, we understood early that the customer experience could extend beyond the home and open up new possibilities for control.Over the years, our technology has evolved and our company has grown, but our goal remains the same. We've become the home automation brand of choice for the world's most luxurious homes, castles, and even yachts.
- Johnson controls
At Johnson Controls, we’ve been making buildings smarter since 1885, and our capabilities, depth of innovation experience, and global reach have been growing ever since. Today, we offer the world’s largest portfolio of building products, technologies, software, and services; we put that portfolio to work to transform the environments where people live, work, learn and play.
Siemens is a global powerhouse focusing on the areas of elec a leading supplier of systems for power generation ands wSiemens Siemens AG is a German multinational conglomerate company headquartered in Munich and the largest industrial manufacturing company in Europe with branch offices abroad.
Siemens AG is an engineering and manufacturing company. The Company focuses on areas of electrification, automation, and digitalization. Siemens also provides engineering solutions in automation and control, power, transportation, and medical diagnosis.
- Zigbee Alliance
The principal divisions of the company are Industry, Energy,
The Zigbee Alliance is the foundation and future of the IoT. Established in 2002, our wide-ranging global membership collaborates The Zigbee Alliance is the foundation and future of the IoT. Established in 2002, our wide-ranging global membership collaborates to create and evolve universal open standards for the products transforming the way we live, work, and play. With our members’ deep and diverse expertise, robust certification programs, and a full suite of open IoT solutions, we are leading the movement toward a more intuitive, imaginative, and useful world.
Key Benefits for Market Report–
- Global market report covers in depth historical and forecast analysis.
- Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Global market report helps to identify opportunities in market place.
- Global market report covers extensive analysis of emerging trends and competitive landscape.