The market for lighting control is expected to grow at a high rate because it reduces the electricity consumption in homes as sensors adjust the intensity of artificial light according to the intensity of natural light. Lighting control provides flexibility with respect to the lighting operation, which improves the ambiance, interior decoration, and productivity.

The proactive segment is expected to hold the largest size of the home automation system market during the forecast period. Proactive solutions are specifically designed to enable consumers to understand energy patterns and take effective measures to reduce their consumption. Proactive solutions are more beneficial as they can also send recommendation signals to end users for taking necessary energy reduction actions and can then control the electronic devices based on the user’s actions.

The Asia-Pacific market is expected to grow at the highest CAGR during the forecast period, owing to the presence of a significant number of new residential projects and strengthening of the building infrastructure. The presence of a huge end-user base in advanced economies such as Japan and South Korea and the growing demand for energy management systems are further expected to drive the home automation system market in this region.

Publication date: 5/25/2017

Want more HVAC industry news and information? Join The NEWS on Facebook, Twitter, and LinkedIn today!