A smart home refers to the use of computer and information technology to control devices and features such as lighting, entertainment systems, temperature, and so on. Integrating these systems allows them to communicate with one another through a home controller, thereby enabling control of various home systems, simultaneously, in preprogrammed scenarios or operating modes.
Smart homes use the electronic networking technology to integrate various devices and appliances found in almost all homes so that an entire home can be controlled centrally or remotely – as a single machine.
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The best in safety, security, and comfort that was originally intended for the technologically inclined is now reaching the general public through smart homes. Smart homes not only make daily routine convenient and time saving but also provide energy efficiency.
Elderly and disabled rely heavily on home care; a smart home helps improve their living standards. Benefits of a smart home can be endless.
Activities ranging from the gate access to the irrigation of a garden can be done with ease.
Smart homes have already started attracting the stakeholders in the market including architects, developers, and device manufacturers.The possibility of reduction in the prices of smart homes and the expected adoption of technology is the key to the markets growth in the future.
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), Tyco International Ltd. (Switzerland), and Nice SPA (Italy), and more.
Table Of Contents:
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 FACTOR ANALYSIS
2.1.1 DEMAND-SIDE ANALYSIS
2.1.1.1 Increasing number of smart homes in Europe
2.1.1.2 Point solutions vs. whole-home systems
2.1.2 SUPPLY-SIDE ANALYSIS
2.1.2.1 Mature access technologies and simple interfaces drive the overall market
2.2 MARKET SIZE ESTIMATION
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 MARKET SHARE ESTIMATION
2.5 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE EUROPEAN SMART HOME MARKET
4.2 EUROPEAN SMART HOME MARKET – PRODUCT SEGMENTS
4.3 THE EUROPEAN SMART HOME MARKET
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET SEGMENTATION
5.3 EVOLUTION
5.4 MARKET DYNAMICS
5.4.1 DRIVERS
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN
6.3 PORTER'S FIVE FORCES MODEL
7 MARKET ANALYSIS, BY PRODUCT
7.1 INTRODUCTION
7.2 ENERGY MANAGEMENT SYSTEMS
7.2.1 SMART DEVICES
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