Global Home Automation Market Covid-19 Impact Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2031
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What Our Global Home Automation Market Report Offers?
Global Home Automation Market is the title of an upcoming report offered by MarketResearch.Biz. The Home Automation market report extensively covers market segmentation by geography (APAC, North America, Europe, South America, and MEA) and potential Home Automation market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post-COVID-19 impact on the Home Automation market from this report.
“The global Home Automation market size is expected to be worth around US$ 160.3Bn by 2031 from US$ 83.8Bn in 2021, growing at a CAGR of 6.69% during the forecast period 2021 to 2031.”
It is complete with important statistics and other industry-relevant particulars, including factors expected to influence Home Automation market progress, drivers, restraints, opportunities, trends, sales reviews, landmark developments (existing and anticipated), SWOT analysis, as well as information on other potential revenue generation prospects in un explored areas of operation. The data collated by our analysts from both primary and secondary sources, are validated by data management solutions, and more importantly industry experts, to ensure genuine authenticity. The global Home Automation market report will encompass imminent threats or challenges from existing industry contenders, as well as potential new market entrants. Additionally, this dossier will also explore existing as well as foreseeable impacts of the on-going COVID-19 pandemic.
Impacts of the COVID-19 Pandemic:
Most industries across the world have been negatively impacted over the last few months. This can be attributed to significant disruptions experienced by their respective manufacturing and supply-chain operations as a result of various precautionary lockdowns, as well as other restrictions that were enforced by governing authorities across the globe. The same applies to the global Home Automation market. Moreover, consumer demand has also subsequently reduced as individuals are now more keen on eliminating non-essential expenses from their respective budgets as the general economic status of most individuals have been severely affected by this outbreak. These aforementioned elements are expected to burden the revenue trajectory of the global Home Automation market over the forecast timeline. However, as respective governing authorities begin to lift these enforced lockdowns, the global Home Automation market is expected to recover accordingly.
Who are the Major Home Automation Market's Key Players?
Key industry players profiled in this global Home Automation market include: Honeywell International Inc., ABB Ltd., Johnson Controls, Inc., Crestron Electronics, Inc., United Technologies Corporation, Control4 Corporation, Schneider Electric SE, Siemens AG, Lutron Electronics Co., Inc, Ingersoll-Rand plc, Legrand SA, Savant Systems LLC, ADT LLC, Google Inc., Amazon Inc., AMX LLC, 2GIG Technologies, and SmartThings Inc
Segmentation of the Global Home Automation Market:
- Safety and Security
- Access Control
- Lighting System
- Entertainment System
- Heating Ventilation and Air Conditioning (HVAC)
- Other Controls
What are the Key Factors Covered in this Home Automation Market Report?
- CAGR of the Home Automation market during the forecast period 2021-2031.
- Precise estimation of the Home Automation market size and its contribution to the parent market.
- Detailed information on factors that will drive Home Automation market growth during the next ten years.
- Accurate predictions on upcoming trends and changes in consumer behaviour.
- The growth of the Home Automation market across APAC, North America, Europe, South America, and MEA.
- A thorough analysis of the Home Automation market’s competitive landscape and detailed information on key Players.
- Comprehensive details of factors that will challenge the growth of Home Automation market vendors.
- Home Automation Market’s Opportunity Orbits
- Market Investment Feasibility Index
- PEST Analysis
- PORTER’S Five Force Analysis
- Drivers & Restraints Impact Analysis
- Marketing Strategy
- Product Life Cycle Analysis
- Value Chain Analysis
- Cost Structure Analysis
- Macro-economic Factors
Particular Scope Estimated Year 2021 Actual Year 2020 Forecast Period 2021–2031 CAGR 5.99% Market Size in 2021 83.8Bn USD 2031 Value Projection 160.3Bn USD Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
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- Honeywell International Inc.
- ABB Ltd.
- Johnson Controls, Inc.
- Crestron Electronics, Inc.
- United Technologies Corporation
- Control4 Corporation
- Schneider Electric SE
- Siemens AG
- Lutron Electronics Co., Inc
- Ingersoll-Rand plc
- Legrand SA
- Savant Systems LLC
- ADT LLC
- Google Inc.
- Amazon Inc.
- AMX LLC
- 2GIG Technologies
- SmartThings Inc
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