Europe Smart Home Market - Opportunities & Forecast, 2018-2025


Posted September 18, 2020 by shaqibakram

The market for HVAC control systems is expected to witness substantial growth in the region owing to the availability of technologically advance and wi-fi enabled HVAC systems.....

 
The key factors bolstering the market growth are government support for the development of the smart home market and growing demand for energy efficient home automation solutions by the consumers to reduce their carbon footprint.

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The market for HVAC control systems is expected to witness substantial growth in the region owing to the availability of technologically advance and wi-fi enabled HVAC systems and robust energy distribution network in European countries. Various companies in the region including Bosch Thermotechnik GmbH, Daikin Europe N.V, Vaillant GmbH, Ingersoll-Rand European Holding Company B.V, CIAT Air Conditioners, Mitsubishi Electric Europe B.V., and many more have been involved in the development and sales of smart HVAC systems in the region.

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The Europe smart home market has been segmented based on applications and key geographies. Based on applications, the market is categorized into lighting control, security and access control, HVAC control, home healthcare, home appliances, entertainment, and others.

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The research report “Europe smart home market” provides in-depth analysis of Europe smart home across the region, based on applications and key countries for the forecast period from 2018 to 2025. The report highlights the major market drivers propelling the growth as well as challenges faced by the market participants. The research report also provides market size and forecast for the Europe smart home market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Key questions answered in this research report:

At what pace is Europe Smart Home market growing, globally? What will be the growth trend in the future?
What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints over the coming years?
What are the country revenue and forecast breakdowns? Which are the major revenue pockets for growth in the Europe Smart Home market?
What are the various application areas and how they are poised to grow?

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Last Updated September 18, 2020