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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