Smart Homes Market Growing at 17% CAGR to 2020

CHICAGO, August 7, 2015 /PRNewswire/ --

ReportsnReports.com adds 2015 smart homes market research reports with forecasts to 2020 (17% CAGR) along with analysis of high-growth sub-segments such as security & access control, energy management system, HVAC control, entertainment control.

The Global Smart Homes Market Report 2015 spread across 173 pages, profiling 9 major companies and supported with 180 tables and figures is now available at http://www.reportsnreports.com/reports/409480-global-smart-homes-industry-report-2015.html .

The Global Smart Homes Industry Report 2015 is a professional and in-depth study on the current state of the smart homes market with an overview including definitions, classifications, applications and industry chain structure. The smart homes market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

This 2015 smart homes market research focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The smart homes market development trends and marketing channels are analyzed. Finally the feasibility of new investment projects are assessed and overall research conclusions offered. With 180 tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Companies profiled in this smart homes market report include ABB, Schneider Electric, Siemens, Emerson Electric, Ingersoll-Rand PLC, Lutron Electronics, Legrand, Honeywell International and Crestron Electronics. Order a copy of Global Smart Homes Industry Report 2015 at http://www.reportsnreports.com/Purchase.aspx?name=409480 .

The second research titled Smart Homes Market by Product (Energy Management System, Security & Access Control, Entertainment Control, and HVAC Control), Protocol and Technology (Protocol, Cellular Technology, and Communication Technology), Service (Installation, and Customization), and Geography (North America, Europe, APAC, and ROW) - Trend and Forecast to 2020 forecasts this industry to reach $58.68 billion by 2020 at 17% CAGR between 2015 and 2020. North America will lead the chart and is the birthplace for various industry majors. The North American market is driven by gaining traction for safety, peace of mind, increased awareness and better product offerings. Benefits of smart homes can only be realized if the technology becomes affordable for common people and accessible to those for whom it is essential. However, this is likely to happen if a broader consumer market gets traction by pushing down prices and creating more awareness.

In this report, market size and estimates of the smart home market have been provided along with its various applications and global industry trends. A geographic split of each sub market is also highlighted in this report. Analysis of the smart homes market with high-growth sub-segments such as security & access control, energy management system, HVAC control, entertainment control is covered. The impact analysis of market dynamics that describe the factors currently driving and restraining growth of the market; along with future trends observed in the smart home market and investment strategies based on market growth forecasts & key growth strategies for companies in the smart homes market, detailed through analysis of the competitive landscape are studied.  Illustrative segmentation, analysis, and forecast of major geographic markets has been done to give an overall view of the smart homes market as well as competitive landscape has been detailed, by identifying key players along with an in-depth market share analysis with individual revenue and market share is  a part of this report.

The smart home market revolves around green home solutions, which include smart energy management systems; and follow a minimal usage of energy and monitoring of appliances. With the increasing awareness about energy efficiency and the optimum utilization of the same, a majority of home owners are driven towards the smart home concept that not only offers better energy management but also provides security, convenience, and comfort. The real estate industry has been witnessing a massive transformation in the recent past with innovative concepts ever since, the concepts of home automation, smart homes, and connected homes have materialized. A strong impetus from smart home product manufacturers and concerns related to security and energy savings have gained prime importance in the smart homes market. Smart home device manufacturers are also coming up with innovative wireless technologies across different sectors, which include security control & access control, entertainment control, energy management systems, and HVAC control.

The report profiles prominent market players in the global smart homes market, with their respective market share analysis. Some of the key players are Schneider Electric (France), Legrand SA (France), ABB Ltd. (Switzerland), Siemens AG (Germany), Ingersoll-Rand Plc. (Ireland), Lutron Electronics Co., Inc., Emerson Electric Co., Crestron Electronics Inc., Control4 Corporation and Honeywell International, Inc. Comprehensive table of contents and more on this smart homes market research is available at http://www.reportsnreports.com/reports/269224-smart-homes-market-by-products-security-access-lighting-entertainment-energy-management-systems-hvac-and-ballast-battery-pack-services-installation-repair-renovation-customization-and-geography-analysis-global-forecast-2013-2020-.html .

For the semiconductor and electronics market, ReportsnReports.com has multiple newly published as well as relevant research titles:

Home, Smart Home: Trends and Market Opportunities of Sensing Control Technologies: This report provides an overview of the smart home sensing control technologies, as well as major vendors' patent deployment and technology trends. Also included is an outlook for the worldwide smart home sensing device market from 2012 to 2020. Companies covered include ABL IP Holding, Alima, American Power Conversion, Apple, Comcast Cable Communications, Comerica Bank, Conversant IP Management, Current Technologies, EcoFactor, Elbex Video Ltd., General Electric, Google, Honeywell, IBM, ID8 GROUP R2 Studios, ILUMISYS, Immersion Corporation, Legrand Home Systems, Inc., Lennox Industries, Leviton, LG, Logitech Europe S.A., Lutron Electronics, Matsushita, Microsoft, Motorola, Nest Labs, Samsung, Sony, Variable Inc. and Wilmington Trust. Read more at http://www.reportsnreports.com/reports/300752-home-smart-home-trends-and-market-opportunities-of-sensing-control-technologies.html .

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