TechNavio today launched its report Global Home Automation Systems Market 2011-2015 based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Engineering team said: ”The controllers of the home automation system are getting brighter and more flamboyant every day in order to keep the users interested and entertained. This trend is largely seen in the US and the European countries in order to elude the competition. Thus, several major vendors are opting to develop flamboyant controllers with innovative and attractive features in order to stay ahead of the local players in the market. Home automation manufacturers are including multimedia platforms such as flash, java, and guifx into their device’s software to add fancy features to the touch panel control device. This trend is also seen with respect to the functionalities of the device, for instance, the graphic layout resizes itself to fit into a different interface, enhancing the user experience. Thus, this trend is expected to have a positive impact on the growth of the market during the forecast period.”
According to the report, the demand for electricity is increasing at a steady rate across the globe. It is estimated that the global demand for energy will rise tremendously by 2030, and therefore it has become imperative to reduce energy consumption. Residential buildings play a crucial role in the consumption of energy. It is estimated that residential buildings consume some of its share from the energy consumed across the globe. The home automation systems such as general lighting controls and HVAC controls help in reducing the energy consumption in a residential building by automating the on and off process of general equipment. They also help the consumer to monitor and control the energy usage even from a remote location. Thus, the home automation system plays a major role in reducing energy consumption in residential buildings.
Further, the report discusses that one of the major challenges in the Global Home Automation System market is the lack of awareness of the benefits of home automation systems in the developing countries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-home-automation-systems-market-2…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
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TechNavio Announces the Publication of its Research Report – Global Home Automation Systems Market 2011-2015
