(MENAFNEditorial) The smart homes market is a market comprising of home automation and greener energy. This market has been witnessing tremendous growth due to their efficient energy saving and eco-friendly nature not only in developed regions of the world but also in developing countries.
Awareness about the convenience and cost effectiveness offered by these products and services is also increasing the demand for this market. Advanced technologies are proving use of greener energy appliances affordable and time saving.
Portability customization ease of use and automation are the key factors that smart home market players use to differentiate their products and services.
**For More Knowledge on Smart Homes Market Follow the Below Report Link:
http://industryarc.com/Report/1250/smart-homes-market.html
MARKET TRENDS:
According to IndustryARC research the smart home equipment and services market is slated to grow at 8% to 10% year on year for the next five years. The market is estimated to reach $68bn by 2018.
Market Driving Factors:
The Major driving factors of the Smart Homes Market as examined by Industry Arcs research analysts are:
Growing safety concerns and improvements in remote technology
It also creates supplementary growth for all related markets such as smartphones tablet PCs and LED-makers.
It explores the major opportunities for growth as well as restraints on the smart homes market.
It promotes growth in the global smart homes market are an ageing population government initiatives and the inclusion of top electronics brands.
Geographical Study of the Market:
The market is analyzed based on different geographic regions which includes Americas Europe APAC and RoW. The growth rates in the Global market are expected to rise to good scales during the forecast period 2015-2020.
**To Know More about the Smart Homes Market Download Sample Market Report:
http://industryarc.com/pdfdownload.php?id=1250
Notable Applications Brief:
The smart homes market offers a wide range of applications such as residential energy management entertainment and lighting control.
REPORT SCOPE:
Market Segmentation:
The Smart Homes Market is broadly segmented into 3 types based on the later given factors. The broad segmentation is further led to a narrower stream of divisions made by experts of IndustryARC and mentioned in this research report.
1. By Type: Security systems HVAC Lighting Control Systems Entertainment.
2. By Standard: DALI KNX Wi-Fi ZigBee and Enocean.
3. By Geography: Americas Europe APAC and ROW.
Key Market Players:
Few of the top prominent competitors out of the complete list of 40+ companies of the Smart Homes Market which are studied in depth and mentioned in this research report are:
ABB
Acuity Brands
Legrand S.A
Johnson controls
Schneider Electric
**Contact our Analyst for In-Depth Market Info on Smart Homes Market http://industryarc.com/inquiry-before-buying.php?id=1250
About IndustryARC:
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries such as Agriculture Automotive Automation & Instrumentation Chemicals and Materials Energy and Power Electronics Food & Beverages Information Technology Life sciences & Healthcare.
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.
We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.
CONTACT:
Mr. Sanjay Matthews
Sales Manager
#: +1-614-588-8538 (Ext: 101)
www.industryarc.com
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.