About GCC Home Automation Market
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.
Technavio’s analysts forecast the GCC home automation market to grow at a CAGR of 14.99% during the period 2016-2020.
Covered in this report
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:
Technavio Announces the Publication of its Research Report – GCC Home Automation Market 2016-2020
Technavio recognizes the following companies as the 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.
Commenting on the report, an analyst from Technavio’s team said: “Home automation can be managed with user-friendly and convenient interfaces, such as tablets and smartphones. The technology has gained recognition and acceptance worldwide. Convenient interfaces allow the control of household activities with a single button, even from remote locations. Home automation technologies reduce energy consumption, protect valuable assets, and offer assistance to the end-user.”
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.
Honeywell, Johnson Controls, Schneider Electric ,Siemens, ABB, Azbil, Bosch Security System, Control4, Distech Controls, Eaton, GE, Legrand, Lutron, Sauter, United Technologies.
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