The home automation and controls market is expected to grow significantly at a CAGR of 10.70% from 2021 to 2028.

For more information, please email us at sandeep@reportocean.com. We at @ReportOcean update our database quarterly. The HVAC control segment is expected to grow at the highest CAGR during the forecast period owing to the adoption of artificial intelligence and IoT for the evolution of HVAC systems. In 2019, the safety and security sector generated the highest revenue, as more homes are equipped with special security systems that control electronic components. By Technology By Type By Region Overview By region, the home automation and controls market trends were analyzed across North America, Europe, Asia-Pacific, and LAMEA. An analysis of the home automation controls market reveals that North America contributed the largest revenue in 2019. Factors such as increasing deployment of smart devices and high adoption rate of wireless technology are providing several growth opportunities for the market. COVID-19 Impact Analysis The growth of the home automation controls market has been significantly impacted by the COVID-19 outbreak. In the early days of the outbreak, the main impact many manufacturers faced was supply issues due to production stoppages. Lockdown measures and non-essential business shutdowns have reduced demand for residential and commercial home automation systems. As a result, the production and supply of home automation and control systems is returning to normal levels. The market deteriorated sharply in 2020 due to the ongoing COVID-19 crisis. However, a slow recovery is expected next year. It is also speculated that many countries are facing a number of challenges stemming from the COVID-19 crisis and tend to stagnate. competitive analysis. Major players covered in the report are 2GIG Technologies (US), ABB Ltd (Switzerland), ADT Inc. (US), AMX LLC (US), Control4 Corporation (US), Honeywell International Inc. (US), Johnson These include Controls International PLC (Ireland), Legrand Group (France), Leviton Manufacturing Co. (USA) and Siemens AG (Germany). Market participants are adopting various strategies including product launches, collaborations, partnerships, agreements, business expansions and acquisitions to expand their foothold in the home automation and controls industry. Key Findings of this Study Request to Review Report Scope https://reportocean.com/industry-verticals/sample-request?report_id=AMR1826 About Us: We are the premier market research report provider in the industry. Report Ocean believes in providing quality reports to clients to achieve top-line and bottom-line goals of increasing market share in today's competitive environment. Report Ocean is a "one stop solution" for individuals, organizations and industries looking for innovative market research reports. * The following is special information limited to media personnel. Please refrain from disclosing information on personal SNS etc.

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