A home automation system is a computer-based control system generally installed in buildings to control and monitor mechanical and electrical equipment such as ventilation, lighting, power systems, fire systems, and security systems.
Automation involves integrating electrical devices with each other, which are then managed and controlled through a computer network with remote internet access.
These systems can help step up comfort, safety, security and energy management in your home, which is a major reason the global market is growing at an impressive CAGR of 56.75 percent from 2014-2019.
Key Products in the Pipeline for Home Automation
Increase in Adoption of Wireless Residential Building Automation Systems
The increased adoption of wireless residential building automation systems is one of the major factors expected to drive the Global Home Automation System Market during the forecast period.
Currently, several vendors offer wireless building automation systems for residential buildings that automatically regulate temperature, thereby enhancing comfort and reducing electricity consumption. They also require less maintenance, which gives them a big leg up on traditional wired systems.
Development of Centralized Remote Controls
The main benefit of home automation systems is the convenience and comfort they provide to users, but this convenience isn’t so much without centralized controls to monitor the system.
Vendors in the market are stepping up, and developing remote controls to monitor and control entire home automation systems. These remote controls allow for seamless transmission between the controller and other devices, thus forming a network and enabling full control of all devices in the system.
Development of User-friendly Programming Platforms
Rapidly evolving technology has made improved product quality and user-friendly designs essential. This has precipitated the trend towards developing user-friendly home automation devices with simple programming.
Simplified platforms allow users to install home automation systems themselves, as the installation isn’t overly complex and does not require any programming experience. Therefore, user-friendly programming platforms reduce the burden of maintenance costs and service charges for the end-user.
Emergence of Fancy Controls
Home automation system controllers are becoming more advanced as new functionalities are added. Many vendors are starting to incorporate multimedia platforms like flash, java and guifx in the devices’ software to add fancy features to the touch panel controls. This trend is also seen in the functionalities of the devices, including the incorporation of better graphic layouts to enhance user experience. This trend is therefore expected to have a positive impact on the growth of the market during the forecast period.