Home Automation Market Dynamics, Forecast, Analysis and Supply Demand 2015-2025

Home automation provides high end solutions and uses advanced digital technology to automate our products and systems. Home automation provides better efficiency and better performance in automating the home or our household activities to centralized control the system. Consumers want to customized, they want professionally installed systems, which is at their convenience and easy to use. They want to save time, prefer energy efficient or saving products. In India, Honeywell and Tata Power Delhi Distribution announced their Automated Demand Response (ADR) project for industrial and commercial facilities. With the help of Honeywell technology, Tata Power Delhi distribution will link more than 160 buildings in its distribution network. It would include power management during periods of peak consumption.

Recently, SwannOne is launched by Swann security that allows users to control their security cameras, lights, AC’s, locks through SwannOne app. It is a multi-faceted home automation system. This app is also compatible with cloud storage solutions and audio analytics. Mouser Electronics is collaborating with AirCorp, TE Connectivity, and Factory Automation System to announce a new Home and Factory Automation Series. This series is a part of Empowering Innovation Together program, which would focus on that would focus on innovative automation technologies that was only seen in science fiction TV shows or movies.

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Home Automation Market: Drivers & Restraints                      

Increase demand of smart phone based app for home automation, increase consumer awareness about energy consuming products, technological advancement, convenience factor, rapid mobile connectivity, urbanization, and change in lifestyle are the most important driving factors, which are driving the growth of the home automation market. Since home automation provides safety, security and high...