Home Automation System Market – Global Opportunities and Forecast, 2020-2027

1. Report Title Home Automation System Market – Global Opportunities and Forecast, 2020-2027 GMI Research GMI Research See the Future Insights 1

2. The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study. Key Drivers of the Home Automation System Market: The major factors responsible for the growth of the global home automation system market include the increasing adoption of the Internet of Things (IoT), particularly in developed economies, and the rapid rise in the number of smartphones, followed by internet users globally. The increasing consumer awareness associated with the energy-efficient home automation systems and the rising trend of home monitoring systems from remote locations will attract many customers in the market. Several multinational giants are mainly aiming to expand their product portfolio to capture the shifting demand of the end-users. Rapid product development will create new opportunities in the market, thus boosting the demand for home automation systems globally. The rise in the electricity price is promoting the consumer to opt for advanced home automation systems to save energy and decrease the electricity bill simultaneously. The government in developing countries such as India and China are introducing various initiatives to encourage effective electricity consumption utilization and management. For example, China’s five-year plan targets energy efficiency projects, coupled with the European 2020 initiative aims to reach net-zero energy consumption in public and private buildings. The increasing regulations implemented by various governments are encouraging the adoption of smart, automated controls in the upcoming years. On the other edge of the spectrum, the high initial installation cost of the home automation systems will hinder the growth of the market. This report splits the Home Automation System Market as follows: By Product: 2

3. •Lighting Control o Relays o Occupancy Sensors o Daylight Sensors o Timers o Dimmers o Switches o Accessories and Other Products •Security and Access Control o Video Surveillance ▪ Hardware • Security Cameras • Storage Devices • Monitors • Accessories ▪ Software/Video Analytics ▪ Services o Access Control ▪ Biometric Access Control • Facial Recognition • Iris Recognition • Fingerprint Recognition • Others ▪ Non-Biometric Access Control •HVAC Control o Smart Thermostats o Sensors o Control Valves o Heating and Cooling Coils o Dampers o Actuators o Pumps & Fans o Smart Vents •Entertainment and Other Controls o Entertainment Control 3

4. ▪ Audio, Volume, & Multimedia Controls ▪ Home Theatre System Controls ▪ Touchscreens and Keypads o Other Controls ▪ Smart Meters ▪ Smart Plugs ▪ Smart Hubs ▪ Smart Locks ▪ Smoke Detectors By Software & Algorithm: •Behavioural •Proactive By Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) 4

5. Competitive Landscape: The home automation system market report also scans the competitive landscape and profiles the major players operating in the market including Legrand S.A., Honeywell International, Inc., Johnson Controls, Inc., Siemens AG, ABB Group, Schneider Crestron Electronics Inc., Ingersoll-Rand Plc, Lutron Electronics, Inc., Control4 Corporation, Electric SE, among others. About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 5