Home Automation Market Growth 2014 - 2020

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Home Automation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Published Date 16-Jan-2015

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Home Automation Market

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Home Automation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 With technological advancements in several developing countries across the globe, home automation solutions are evolving continuously. Modern day home automation solutions utilize high end digital technology for providing better performance and efficiency. Home automation systems refer to all such systems, whether used as a single application or as integrated solutions that are used to automate processes. They are electricity powered and are manually controlled (such as turning on the AC, dimming lights, managing entrance gate and cameras, operating smart appliances in a house, and so on. Browse Home Automation Market Report with Full TOC at http://www.transparencymarketresearch.com/home-automation-market.html The home automation market is primarily driven by growing need for effective solutions in various domestic applications such as lighting, safety and security, energy management, entertainment (audio and video) and HVAC (heating, ventilation, and air conditioning). High degree of internet connectivity and penetration in developed countries such as the U.S., the U.K., France, and Germany is also contributing to the growth of home automation market globally. Safety and security was the highest revenue generating application segment in 2013. Factors such as rising awareness towards energy conservation and ability to manage energy consumption through automation technologies primarily influence market growth....