Monday, 29 February 2016

GCC Home Automation Market to grow at a CAGR of 14.99% during the period 2016 - 2020; Finds New Report

Gulf Cooperation Council Home Automation Market 2016 - 2020

Report forecast the GCC home automation market to grow at a CAGR of 14.99% during the period 2016-2020.

Home automation involves the deployment of automation technologies, which include HVAC, appliance automation, centralized controls of lighting, security mechanisms, access control for gates and doors, and devices and mechanisms, in a residential facility to enhance comfort, optimize operational costs, and prevent energy wastage.

The report covers the present scenario and the growth prospects of the GCC home automation market for 2016-2020. The report presents revenue generated from Bahrain, Saudi Arabia, Kuwait, Oman, Qatar, and the UAE.

The market is divided into the following segments based on end-users:
  • Apartment
  • Villa

According to the report, governments of the GCC countries have introduced legislations such as green building regulations to cut down power consumption. This along with the requirement for ambient pollution, free indoor air, and a secure environment is driving market growth.

Further, the report states that uncertain economic and political environment restricts the market growth.

GCC Home Automation Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the GCC Home Automation Market: Honeywell, Johnson Controls, Schneider Electric and Siemens.

Other Prominent Vendors in the market are: ABB, Azbil, Bosch Security System, Control4, Distech Controls, Eaton, GE, Legrand, Lutron, Sauter and United Technologies.

Market driver
  • Increased need for energy conservation in GCC
  • For a full, detailed list, view our report

Market challenge
  • Uncertain economic and political environment
  • For a full, detailed list, view our report

Market trend
  • Development of user-friendly programming platforms
  • For a full, detailed list, view our report

Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Spanning over 64 pages and 27 Exhibit Gulf Cooperation Council Home Automation Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Value chain analysis, Market segmentation by solutions, Market segmentation by end users, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://mrr.cm/ov4

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