Published Date: 13-12-2016
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Asia Pacific Smart Homes and Buildings Market to grow at a CAGR of 37.1% during 2016-2022
The Asia Pacific smart homes and buildings market is anticipated to grow at a CAGR of 37.1% during the forecast period. The China market dominated the Asia Pacific Smart Homes and Buildings Market in 2015, and would continue to be a dominant market till 2022; thereby, growing at a CAGR of 32.6% during the forecast period. However, India market is expected to grow at CAGR of 39.4% during 2016-2022.
The Safety & Security Products/Devices market contribute the maximum revenue to the Asia Pacific Smart home & Buildings market across the Products in 2015, and would continue to be a dominant market till 2022; The Home Appliance & Entertainment Controllers market is expected to reach a market size of $13,335.5 million by 2022. However, Controllers market is expected to grow at CAGR of 30.7% during 2016-2022.
The report highlights the adoption of Smart Homes and Buildings market, in Asia Pacific region. Based on the Components, the Smart Homes and 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 and 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 country, the market is further segmented into China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia Pacific.
Key Players profiled in the report includes Cisco Systems, Control4 Corporation, Leviton Manufacturing Company, Inc, United Technologies Corporation, Emerson Electric Co., Honeywell International, Inc. and Siemens AG, Robert Bosch GmbH.
The market is segmented based on Components, Connectivity, End Users, Products and Country.