Home Automation and Control Market - Global Forecast to 2020

The global home automation and control market was worth $5.77 billion in 2013 and is expected to reach $12.81 billion by 2020; this market is projected to grow at an estimated CAGR of 11.36% between 2014 and 2020. The stringent regulations being imposed by various governments for the conservation of energy have played a substantial role in the growth of the home automation market, especially, in the European region. The Asian region is expected to grow at a relatively higher rate due to the presence of developing countries such as China and India. Initialized with wired technologies, the home automation and control market has entered the era of wireless technologies. With the recent technological developments and subsequent advancements in wireless technologies along with, the introduction of tablets; the price of home automation systems has fallen. Various types of communication protocols and wireless technologies have been discussed in this report; such as Zigbee, Z-Wave, EnOcean, and Bluetooth, among others. Linear ballasts, central power systems/inverter systems, and battery packs constitute the other controls segment. Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications" web site. View the report: Home Automation and Control Market - Global Forecast to 2020.