Smart Home and Smart Building Market Projection By Technology, Global Analysis, Industry Growth, Current Trends, Demand, Revenue, Segmentation Forecast Till 2026

Covid-19 Impact on Global Smart Home and Smart Building Market - 2020-2026

Summary:

The rising cost of energy and greenhouse gas emission has driven the need for smart, automated and energy efficient homes and buildings. The global smart home and buildings market is anticipated to grow at a CAGR of 29.7% during the forecast period. The market is expected to offer tremendous opportunities for growth to companies that deal with energy-efficient products and solutions.

The demand for energy is growing in an unprecedented speed, and the resources are depleting much faster than anticipated, creating imbalance between demand and supply. The imbalance has increased the cost of energy by at least 30% according to the Department of Energy and Climate in UK. The electricity prices has increased by 40% between 2007 and 2012 and the electricity prices are expected to rise further in the future. The operations and maintenance cost of coal based power companies is anticipated to increase by 17% and that of nuclear plants to increase by 30%.

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Understanding the segments helps in identifying the importance of different factors that aid the market growth.

The key players covered in this study

Honeywell

ADT

Johnson Controls

Siemens

UTC

Schneider

Ingersoll Rand

Azbil

General Electric

Eaton

Legrand

Vivint

ABB

Nortek

Crestron

Lutron

Leviton

Comcast

Acuity Brands

Alarm.com

Control4

Schneider Electric

Time Warner Cable

Sonos

Savant

Nest

AMX

Legrand

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Key Market Trends | Growth | Share | Sale | Revenue | Manufactures | Technology Component

Market segment by Type, the product can be split into

Energy Management Systems

Security & Access Control

Lighting Control

Home Appliances Control

Entertainment Control

Market segment by Application, split into

Commercial Buildings

Residential Buildings

Government Buildings

Market segment by Regions/Countries, this report covers

North America

Europe

China

Japan

Southeast Asia

India

Central & South America

The report highlights the adoption of Smart Homes & Buildings market, globally. Based on the Components, the Smart Homes & Buildings Market is segmented into Energy management, Lighting control, Heating, ventilation and air conditioning (HVAC) controls, Appliance and entertainment control, Safety and Security and Home healthcare segments. Based on the connectivity, the Smart Homes & buildings market Bluetooth, Zigbee, Cellular Technology Technology markets. The market is further bifurcated into Government Organizations, Residential Users and Commercial User segments on the basis of the End Users. Based on the products, the market is segmented into Safety & Security, Controllers, Home Appliance & Entertainment Controllers segments.

The Safety & Security Products/Devices Market segment is segmented as Surveillance Cameras, Door Locks, Smoke Detectors & Fire Sprinklers sub-segments. On the basis of type, Controllers segment is further bifurcated Light Sensors, Motion Sensors, CO2 Sensors, Dimmers, Timers and Energy Efficient Lights sub segments. Based on the End Users, the Home Appliance & Entertainment Controllers Market is segmented into Thermostats, Thermostats Products/Devices, Remote Controls and Smart Plugs & Energy Monitors sub segment. On the basis of geography, the market is further segmented into North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa) market.

Table of Content: Covid-19 Impact on Global Smart Home and Smart Building Market 2026

1 Study Coverage

2 Executive Summary 

3 Breakdown Data by Manufacturers 

4 Breakdown Data by Type 

5 Breakdown Data by Application 

…

11 Company Profiles 

12 Future Forecast 

13 Market Opportunities, Challenges, Risks and Influences Factors Analysis 

14 Value Chain and Sales Channels Analysis 

15 Research Findings and Conclusion

16 Appendix 

Continued …
 

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NOTE : Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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