Albany, NY (PRWEB) December 05, 2013
Global Home Automation System market to grow at a CAGR of 55.24 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing need for safety and security. The Global Home Automation System market has also been witnessing the increasing adoption of wireless residential building automation systems. However, the lack of effective product differentiation could pose a challenge to the growth of this market.
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Global Home Automation System Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and the EMEA regions; it also covers the Global Home Automation System market discussion of the key vendors operating in this market.
The key vendors dominating this market space are Johnson Controls Inc., Honeywell International Inc., Schneider Electric SA., and Siemens AG.
Other vendors mentioned in the report are ABB Ltd., Acuity Brands Inc., AMX Corp., Control4 Corp., GE Co., SmartHome Controls Ltd., and Vantage Controls Inc.
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Key questions answered in this report:
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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