Early buyers will receive 10% customization on this report.
The increasing need for energy efficient solutions, improved security, rising venture capital funding, and demand for handy systems have spurred the home automation and control systems market.
The global home automation and control systems market is estimated to grow from $16,888.27 million in 2011 to $35,627.83 million in 2016 at a CAGR of 16.1% for the same period. The global home automation and control system market is dominated by entertainment control market that comprised 22 % of the overall revenues in 2010. However, the home automation market and control systems market for communication, standards, and protocols and outdoor control is expected to grow with relatively higher CAGR of 25.0% and 23.7% from 2011 to 2016 respectively.
In terms of geography, Europe dominates the automation and control market, capturing 36% of the share in the overall market in 2010 which is expected to grow at a CAGR of 13 % from 2011 to 2016. However, Asia is expected to grow with relatively high CAGR 19.9% from 2011 to 2016.
Browse Related Reports
Building Automation and Controls Market (2013 – 2018): By Product (Lighting, Security & Access, HVAC, Entertainment, Outdoor, Elevator Controls, Building Management Systems (BMS)), Application and Geography (Americas, Europe, APAC, And ROW)
Elevator Automation Market: Access Controls & Security (Card Based, Biometrics, Touch Screens & Keypads, Security); Automation (Sensors & Controllers, Motors & Drives, BMS); Modernization (Operating Panels, Electronic Device) Forecast 2013 – 2018
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, healthcare IT, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North – Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
For the original version on PRWeb visit: http://www.prweb.com/releases/home-automation-control/systems-market/prweb11170401.htm