Opportunities for the Home Automation Market in the United States


Posted September 28, 2020 by hiteshchawra

Opportunities for the Home Automation Market in the United States

 
"According to a new country report published by Lucintel, the future of the home automation market in the United States looks attractive with opportunities in the safety and security, HVAC, entertainment, and lighting control applications. The home automation market in the United States is primarily driven by increasing consumer need for simplicity and a personalized experience, growing awareness related to safety and security, and the adaption of cloud-based technologies. .

This report studies factors affecting the home automation market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that the safety and security market is expected to remain the largest segment due to the increasing need for continuous monitoring services to reduce the risk of crime, burglary, and theft. Within the home automation market in the United States, by installation type, managed service is expected to remain the largest installation type due to the increasing demand for 24/7 monitoring services.

Emerging trends, which have a direct impact on the dynamics of the home automation industry, include growing demand for internet of things (IoT) technology in home automation systems, development of video enabled drones, and constant developments in security technology products such as smart cameras and various sensors and detectors.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the home automation market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Home Automation Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the home automation market in the United States by product type, end use industry, and application as follows:
application, installation type, and technology as follows:

Home Automation Market by Application [$M shipment analysis from 2014 to 2025]:
• Safety and Security
• Entertainment
• Lighting
• HVAC
• Others

Home Automation Market by Installation Type [$M shipment analysis from 2014 to 2025]:
• Managed Service
• Mainstream
• Luxury
• DIY

Home Automation Market by Technology [$M shipment analysis from 2014 to 2025]:
- Wired
• BACnet
• Lonworks
• DALI
• Modbus
• KNX
• Others
- Wireless
• Zigbee
• Wi-Fi
• Bluetooth
• EnOcean
• Z-Wave
• Others

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/home-automation.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "
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Categories Aerospace , Architecture , Blogging
Last Updated September 28, 2020