Portland, OR, June 09, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global smart homes, buildings (energy efficient, automated) market generated $32.0 billion in 2020, and is estimated to reach $78.2 billion by 2030, witnessing a CAGR of 9.4% from 2021 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
Increase in urbanization & industrialization, benefits such as cost-saving and tracking and optimization of energy consumption, and ease in installation drive the growth of the global smart homes, buildings (energy efficient, automated) market. However, high costs related to installation and maintenance of these systems restrain the market growth.
Download Report Sample (290 Pages PDF with Insights) @ https://www.alliedmarketresearch.com/request-sample/79
Covid-19 Scenario:
- Production activities of electronics products and gadgets used in smart homes & buildings were stopped completely or partially as the electronics and semiconductors sector came to halt during the pandemic due to lockdown measures, unavailability of the workforce, and disrupted supply chain across the globe.
- The demand from applications sectors such as residential, commercial, and others reduced significantly, owing to stoppage of new construction and maintenance activities during the lockdown. However, the demand is expected to regain post-lockdown.
The report offers detailed segmentation of the global smart homes, buildings (energy efficient, automated) market based on application, technology, end use, and region.
Based on application, the energy management segment held the highest share in 2020, contributing to around one-third of the total market share, and is estimated to maintain its dominant share by 2030. However, the safety and security segment is expected to register the highest CAGR of 9.7% from 2021 to 2030.
Get detailed COVID-19 impact analysis on the Smart Homes, Buildings Market Request Here
Based on end use, the commercial segment contributed to the largest share in 2020, accounting for more than two-fifths of the global smart homes, buildings (energy efficient, automated) market. Moreover, this segment is estimated to manifest the largest CAGR of 9.7% during the forecast period. The report also analyzes the residential segment.
Based on region, North America accounted for the highest share in 2020, holding more than one-third of the total market share, and is projected to continue its leadership status by 2030. Moreover, this region is projected to portray the fastest CAGR of 9.8% during the forecast period. Other regions discussed in the report include Asia-Pacific, Europe, and LAMEA.
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/79
Leading players of the global smart homes, buildings (energy efficient, automated) market analyzed in the research include Cisco Systems, Inc., Leviton MFG. Company Inc., Control4 Corporation, Siemens Building Technologies, Schneider Electric SA, Honeywell Scanning & Mobility, United Technologies Corporation, Emerson Electric Co., Smarthome, Inc., and LG Electronics Inc.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenueTrial
Get more information: https://www.alliedmarketresearch.com/library-access
Similar Reports:
(Pre-Book Now with 10% Discount)
Home Standby Generator Market: Global Opportunity Analysis and Industry Forecast, 2021–2030
Aluminum Cable Market: Global Opportunity Analysis and Industry Forecast, 2021–2030
USB Wall Socket Market: Global Market Trends and Opportunities, 2021–2030
Power Distribution Component Market: Global Analysis and Industry Forecast, 2021–2030
Voltage Transformer market: Global Opportunity Analysis and Industry Forecast, 2021–2030
Light Towers Market: Global Opportunity Analysis and Industry Forecast, 2020 - 2027 [Ma1]
Generator Market: Global Opportunity Analysis and Industry Forecast, 2022-2029
Home Energy Management Systems Market: Global Analysis and Industry Forecast, 2022-2029
Battery Energy Storage Market: Global Opportunity Analysis and Industry Forecast 2020-2027
Solar Home Lights Market: Global Opportunity Analysis and Industry Forecast 2020 - 2027
Ambient Energy Harvester Market: Global Analysis and Industry Forecast, 2022-2029
About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow us on | Facebook | Twitter | LinkedIn
