European Smart Homes Market - Market Size, Growth and Forecast to 2020
The total European SmartHomes Market is expected to reach $13.81
billion by 2020 at a double digit CAGR from 2013 to 2020.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), and Tyco International Ltd. (Switzerland).
The report discusses all the major markets by products; and each product
is further divided to give a very exhaustive segmentation of the major
countries of Europe. It provides a detailed analysis of the current
market scenario and the estimation till the year 2020. The security
control and entertainment systems are driving the European SmartHomes
market. The market is already progressing well in all the countries and
is expected to grow well due to the regulatory initiatives from the
governments and the increased consumer interest in managing energy
The major drivers for the European SmartHomes market are the regulatory
initiatives and the mandatory measures taken by European Union (EU), and
the comfort and the security ensured by the SmartHomes systems. Also,
the foray of smart electronic appliances such as washing machine,
refrigerators, air-conditioner, vacuum cleaner, smart TV, and more; into
the smart home eco-system, is expected to drive the market,
furthermore. The major restraints for the European SmartHomes market are
the lack of standardization and high costs of the SmartHomes systems.
This report describes the value chain for SmartHomes market by
considering all the major stakeholders in the market and their role
analysis. The report also provides a detailed scrutiny of the Porter's
five force analysis for the market. All the five major factors of these
markets have been quantified using the internal key parameters governing
each of them.
This report profiles companies, which are major players, and are active
in this market. The report provides the competitive landscape of the
players, which covers the key growth strategies followed by all the
major players; such as, mergers and acquisitions, collaborations,
partnerships, and new product developments.
Scope of the report
This research report categorizes the €European SmartHomes Market€ on the
basis of different products, services and country analysis; forecasting
revenue and analyzing trends in the market.
On the basis of products
The basic heads under this include security control, access control,
lighting control, entertainment systems, energy management systems, home
health systems, HVAC Control, and others.
On the basis of services
The basic services in the SmartHomes market cover Installation &
Maintenance and Renovation & Customization. The installation &
maintenance involves setting up a system for a smart home, while the
renovation & customization includes remodelling the home with
automated smart home systems.
On the basis of country
€ Rest of the Europe
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