Europe Home Automation Systems Market Research Report Analysis by Competition, Sales, Revenue, Market Size 2022 to 2031

Kenneth Research released a report on Europe Home Automation Systems Market that consists detailed analysis and industry insights for the forecast period, i.e.  2022-2031. On the basis of analysis of the market value and calculation of the CAGR during the forecast period, the latest trends and business opportunities in the market are discussed in the report.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Europe Home Automation Systems Market products.

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In the statistics by Eurostat, the total value of the ICT sector including manufacturing and services of ICT in Europe, was estimated to be more than EUR 475 billion in the year 2017. Out of these, the ICT services sector accounted for the largest share. Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years.

Europe home automation systems market reached $11.24 billion in 2018, representing the third largest regional market in the world owing to a high adoption rate of home automation systems across the region.
Highlighted with 33 tables and 50 figures, this 152-page report “Europe Home Automation Systems Market by System Component, Software Algorithm, Product, Service Type, Technology, and Country 2014-2025: Growth Opportunity and Business Strategy” is based on a comprehensive research of the entire Europe market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report provides historical market data for 2014-2017, revenue estimates for 2018, and forecasts from 2019 till 2025. (Please note: Before delivery, the report will be updated so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify Europe home automation systems market in every aspect of the classification from perspectives of System Component, Software Algorithm, Product, Service Type, Technology, and Country.
Based on system component, the Europe market is segmented into the following sub-markets with annual revenue for 2014-2025 (historical and forecast) included in each section.
• Hardware
• Software
• Service
On basis of software algorithm, the Europe market is analyzed on the following segments with annual revenue for 2014-2025 (historical and forecast) included in each segment.
• Proactive
• Behavioral
On basis of product type, the Europe market is analyzed on the following segments with annual revenue for 2014-2025 (historical and forecast) included in each section.
• HVAC Control and Energy Management
• Security and Access Control
• Entertainment Control
• Lighting Control
• Other Controls

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On basis of service type, the Europe market is analyzed on the following segments with annual revenue for 2014-2025 (historical and forecast) included in each segment.
• Managed Services
• Mainstream
• Do-It-Yourself (DIY)
• Luxury
On basis of technology, the Europe market is analyzed on the following segments with annual revenue for 2014-2025 (historical and forecast) included in each section.
• Wired Technology
• Wireless Communication Technologies
• Network Technologies
• Power-line Technology
• Other Technologies
Geographically, the following national markets are fully investigated:
• Germany
• France
• UK
• Italy
• Spain
• Rest of Europe
For each of the aforementioned countries, detailed analysis and annual revenue are available for 2014-2025. The breakdown of key national markets by Product and Service Type over the forecast years are also included.
The report also covers current competitive scenario and the predicted manufacture trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in Europe home automation systems market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players:
ABB Ltd.
Amx LLC (Harman)
Control4 Corporation
Crestron Electronics, Inc.
Honeywell International Inc.
Ingersoll-Rand PLC
Johnson Controls, Inc.
Legrand
Leviton Manufacturing Company, Inc.
Lutron
Savant Systems LLC.
Schneider Electric SE
Siemens AG
Zigbee Alliance
(Please note: Before delivery, the report will be updated so that the latest historical year is the base year and the forecast covers the next 5-10 years over the base year.)

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  •  Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

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