European Smart Homes Market by Products Service and Geography - Global Forecast and Analysis to 2014 - 2020

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European Smart Homes Market by Products
(Security, Access, Lighting, Entertainment,
Energy Management, HVAC, Ballast Battery Pack),
Service (Installation Repair, Renovation
Customization) and Geography - Global Forecast
and Analysis to 2014 - 2020
www.MarketsandMarkets.com
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According to a new market research report
European Smart Home Market by Products
(Security, Access, Lighting, Entertainment,
Energy Management, HVAC, Ballast Battery Pack),
Service (Installation Repair, Renovation
Customization) and Geography - Global Forecast
and Analysis to 2014 - 2020 The total market
for European Smart Homes will reach 15.28
Billion by 2020 at a CAGR of 16.51 from 2015 to
2020. PDF Brochure https//www.marketsandmarket
s.com/pdfdownload.asp?id225395818utm_sourcePDF
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A smart home refers to a residence equipped with
computing and information technology devices,
which anticipates and responds to the needs of
residents thus, working towards enhancing their
comfort, convenience, security, and
entertainment. The concept of smart homes has
been there in Europe since a long time and
presently, lot of development and regulatory
initiatives are being witnessed in this
market. The European smart homes market covers
the entire ecosystem on the basis of products,
services and country. The products section covers
security access control, entertainment systems,
lighting control, HVAC control, and home health
systems with their current and future
estimations. Out of all major products, security
systems are expected to have the highest adoption
rates for mass markets. The services section
covers installation maintenance, and renovation
customization. The country analysis consists of
top countries in Europe, namely, the U.K.,
France, Spain, Italy, and Rest of the Europe.
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Major drivers for the European smart homes
market are energy cost saving, reduced carbon
emissions, ageing population, security and
convenience, government initiatives, and more.
There are restraints in the market such as lack
of standardization, high initial costs, and
economic slowdown in the European region which is
inhibiting the market growth. Assistance of power
line communication and smart-grids are key
opportunities for the global smart homes
market. Some of the key players in this market
include Siemens AG (Germany), Schneider Electric
S.A. (France), ABB Ltd. (Switzerland),
Ingersoll-Rand Plc. (Ireland), Tyco International
Ltd. (Switzerland), Legrand S.A. (France), Hager
Holdings GmbH (Germany), Albrecht Jung GmbH CO.
KG (Germany), Control4 (US), Tyco International
Ltd. (Switzerland), and Infineon Technologies AG
(Germany). Germany will remain the leading market
for European smart homes throughout the forecast
period due to high adoption rate and continuous
development.
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Browse gtgt 75 market data
tables 63 figures
150 Pages and in-depth TOC on European
Smart Home Market - Global Forecast and Analysis
to 2014 - 2020 Early buyers will receive 10
customization on this report. This is a Premium
Report Priced at Single user US
5650 Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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