LAMEA Home Automation and Controls Market Size, Share & Industry Trends Analysis Report By Application (Safety & Security, Entertainment, HVAC, Lighting and Others), By Type, By Technology, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Home Automation and Control Market would witness market growth of 13.1% CAGR during the forecast period (2022-2028).
IoT-integrated appliances used largely in kitchens in residential and hospitality settings are referred to as "smart kitchen appliances." Integrating of Bluetooth and Wi-Fi has enabled consumers to manage and control smart appliances and devices remotely using smartphones and tablets. With a major focus on increasing efficiency in the kitchen and minimising the time spent cleaning and cooking, the rise in the adoption of smart homes has substantially altered the kitchen scene.
Smart cookware, smart oven air fryers, and smart dishwashers are common smart kitchen accessories. Some of the top smart kitchen appliances for 2022 include the BALMUDA Smart Toaster Oven, COSORI Pro II Smart 12-in-1 Air Fryer, and Ninja OL701 Foodi 14-in-1 SMART XL Pressure Cooker.
The number of smart city initiatives going on across the region would play a major role in increasing the deployment of smart homes in the region. The Abu Dhabi Smart Cities Summit, which aims to reorganize visions of the smart cities for the future and fortify Abu Dhabi's pioneering expertise in anticipating the developments of cities, successfully concluded its revised edition at an event that included specialists, government officials, international speakers, policymakers, smart city and technology pioneers, and global experts.
The Brazil market dominated the LAMEA Home Automation and Controls Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,960 Million by 2028.The Argentina market is experiencing a CAGR of 13.7% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 12.8% during (2022 - 2028).
Based on Application, the market is segmented into Safety & Security, Entertainment, HVAC, Lighting and Others. Based on Type, the market is segmented into Home Automation System, Mainstream Home Automation System and Managed Home Automation System. Based on Technology, the market is segmented into Computing Network Home Automation Systems, Wireless Home Automation Systems, Wired Home Automation Systems and Powerline Home Automation Systems. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Home Automation and Controls Market is Predict to reach $106.6 Billion by 2028, at a CAGR of 11.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Honeywell International, Inc., ABB Group, Johnson Controls International PLC, Harman International Industries, Inc. (Samsung Electronics Co., Ltd.), Snap One Holdings Corp. (Control4), Legrand Group, ADT Inc., Nice S.p.A., and Leviton Manufacturing Co., Inc.
Scope of the Study
Market Segments Covered in the Report:
- Safety & Security
- Home Automation System
- Mainstream Home Automation System
- Managed Home Automation System
- Computing Network Home Automation Systems
- Wireless Home Automation Systems
- Wired Home Automation Systems
- Powerline Home Automation Systems
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Siemens AG
- Honeywell International, Inc.
- ABB Group
- Johnson Controls International PLC
- Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
- Snap One Holdings Corp. (Control4)
- Legrand Group
- ADT Inc.
- Nice S.p.A.
- Leviton Manufacturing Co., Inc.
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