Do-It-Yourself Home Automation Market to Grow at 37.9% CAGR to 2020

23 Nov, 2015, 21:00 ET from ReportsnReports

PUNE, India, November 24, 2015 /PRNewswire/ --

Security and access control to have a high growth rate in the DIY home automation market while regionally, APAC is expected to be the fastest growing amongst global do-it-yourself markets for home automation.

Complete report on DIY home automation market spread across 183 pages, profiling 11 companies and supported with 81 tables and 80 figures is now available at is now available at http://www.reportsnreports.com/reports/442995-diy-home-automation-market-by-offerings-hardware-and-managed-services-by-technology-and-by-geography-the-americas-europe-apac-and-row-global-forecast-to-2020.html .

The increasing desire of the consumer for convenience, connectivity, and safety & security is driving the market for DIY home automation. The increasing rate of home thefts and burglaries has driven the need for home security monitoring systems that can be facilitated with the help of security controls. The DIY security & access control systems are gaining popularity because of their easy installation procedures and other benefits, such as providing high level of security. Security options range from security cameras to burglar alarms, smoke detectors, and door and window sensor alarms that make a loud buzzing sound when intruders break into a home. The basic purpose of home security system is to automatically respond when any unsafe condition occurs at any given point of time.

APAC region is expected to grow at the highest CAGR of 49.2% during the forecast period. This is mainly because large numbers of new residential buildings are being constructed in the Asia-Pacific region. As a result, the demand for energy efficiency and security is higher in this region. Given the large population in some of the developing economies in APAC, coupled with related issues (such as energy management), the DIY home automation market is expected to have more growth opportunities in the  region.

In the past few years, DIY home automation systems have made their way across various products categories such as security & access control, lighting control, entertainment control, climate controls, and other appliances. This report would help analyze the DIY home automation market with respect to its offerings, technology, and geography. It also provides detailed information regarding the major factors influencing the growth of the market and about the future opportunities. The major players that offer various products in the DIY home automation market are Nest Labs, Inc. (U.S.), Smart labs, Inc. (U.S.), Nortek, Inc. (U.S.), Ingersoll-Rand Plc. (Ireland), Belkin International, Inc. (U.S.), Wink (U.S.), Mi Casa Verde, Inc. (Japan), Lowe's Iris (U.S.), iControl Networks (U.S.), and Smart Things, Inc. (U.S.) among others. Order a copy of this DIY home automation market research report at http://www.reportsnreports.com/Purchase.aspx?name=442995 .

On a related note, another research titled Global Home Automation System Market 2015-2019 forecasts a 56.75% CAGR to 2019 for home automation systems. Product segmentation covered in this research includes HVAC control system, security and access control system, lighting control system, and others. Home automation systems are increasingly being adopted because of benefits such as increased comfort, safety and security, and efficient energy management. ABB, Honeywell International, Schneider Electric, Siemens, Acuity Brands, AMX, Control4, GE and Johnson Controls are companies mentioned in this 75 pages report available at http://www.reportsnreports.com/reports/328548-global-home-automation-system-market-2015-2019.html .

Explore more reports on semiconductors and electronics market at http://www.reportsnreports.com/market-research/semiconductor-and-electronics/ .

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