Global Home Automation Access Control and CCTV Market 2022: Global Industry Analysis Report to 2028
The global home automation access control and CCTV market is expected to grow at a significant CAGR during the forecast period (2022-2028). The inclination towards a comfortable and tech savy modern home systems is anticipated to drive the market during the forecast period. People are opting for alternatives which provide a mobile control over the house appliances. Home automation provides for solutions on smart automation systems for home. It provides security and makes life more comfortable for users. It offers smart devices and controls such as control of lighting (on/off, dimming), motorised curtains, blinds, and gates and skylights. Companies are working on to improve their portfolio of products in the field of security. For instance, in November 2021, Comelit-Pac company announced the acquisition of PAC GDX. This will support the company to offer total integrated solutions, inclusive of networked access control systems together with door entry, and CCTV. They will also offer products in home automation, intruder alarm and fire detection systems.
Some major players in the market include ABB Ltd., Schneider Electric SE, and Siemens AG, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in May 2020, Hero Electronix announced the launch of Qubo connected smart device. The Company launched qubo smart home security camera. This camera comes with a feature of person detection and baby cry alert. Company have used AI features in the system which makes the access more secure. This can be mounted anywhere easily. It has IP 65 rating which makes them weather resistant. Alexa can be used with this security camera and can work with an Alexa display device.
Competitive Landscape-
ABB Ltd., Schneider Electric SE, and Siemens AG, among others.
By Application
Lighting Control
Electrical Control
Control Door Locks
Others
By End-User
Commercial Use
Home Use
Scope of the Report
The research study analyzes the Global Home Automation Access Control and CCTV industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Home Automation Access Control and CCTV Market Report
1. What was the Global Home Automation Access Control and CCTV Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Home Automation Access Control and CCTV Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Home Automation Access Control and CCTV Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Home Automation Access Control and CCTV market.
- The market share of the Global Home Automation Access Control and CCTV market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Home Automation Access Control and CCTV market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Home Automation Access Control and CCTV market.
The report will be delivered within 48-72 hours after payment confirmation