Free press releases distribution network?

Agency / Source: Electronics.ca Publications

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



U.S. Market for Home Automation Systems and Devices Expected to Exceed $5.5 Billion in 2016 Finds Electronics.ca Publications - Home automation technology has been around for many years, but it has only recently begun to enter the mainstream. The reasons for home automation's growing popularity include developments on the demand side as well as the supply side
U.S. Market for Home Automation Systems and Devices Expected to Exceed $5.5 Billion in 2016 Finds Electronics.ca Publications

 

PRZOOM - /newswire/ - Montréal, Québec, Canada, 2011/08/12 - Home automation technology has been around for many years, but it has only recently begun to enter the mainstream. The reasons for home automation's growing popularity include developments on the demand side as well as the supply side.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Electronics.ca Publications, the electronics industry market research and knowledge network, announces the availability of a new report entitled "Home Automation and Security Technologies, Products, and Markets".

Home automation technology has been around for many years, but it has only recently begun to enter the mainstream. The reasons for home automation's growing popularity include developments on the demand side as well as the supply side.

On the demand side, rising incomes and standards of living have combined with increased concerns regarding energy and security to increase the attractiveness of technologies that promise to enhance the owner's quality of life, while also making the most efficient use of energy (especially electricity) and providing a sense of security. The drop in construction of new homes as a result of the financial crisis that started in 2008 has dampened the demand for home automation systems, but in the longer term, many would-be homebuyers are younger, technologically savvy people with an affinity for the latest electronic devices, thus creating a favorable market environment for home automation systems.

On the supply side, the declining cost and complexity of new home automation products is helping to attract new buyers. Until a few years ago, the cost of quality home automation components was prohibitive for all but the enthusiast market, but now prices are dropping.

In fact, the cost of installation labor and the expense of educating electricians in this field are becoming the most inhibiting factors. Fortunately, other developments are helping to reduce the difficulty and cost of installation. These developments include the growing use of standards-based wireless technologies that allow home automation devices to integrate seamlessly and minimize the need for special wiring to connect them.

The report's overall goal is to provide readers with an updated understanding of the business opportunities for providers of home automation technologies over the next 5 years, taking into account recent economic and technical developments. In support of this goal, specific objectives of the report include:

- Identifying the home automation technologies with the greatest commercial potential over the next 5 years (2011 to 2016);
- Estimating the market for these technologies in 2010;
- Analyzing the technical, economic, and other demand drivers for these products, as well as other prerequisites of success in these markets;
- Projecting the potential U.S. markets for these technologies through 2016.

The report is intended for providers of home automation technologies and products based on these technologies. Although it is structured around specific technologies, it is largely non-technical in nature, meaning it is concerned less with theory and jargon than with technologies that work, the amount the market is likely to purchase, and the prices consumers are willing to pay. As such, the report's main audience is executive management, marketing, and financial analysts.

Government agencies, as well as environmental and public policy interest groups, should also find the report interesting, particularly the sections that include analyses of home automation technologies that conserve energy.

Highlights of the Report

- The U.S. market for home automation systems and devices was worth approximately $3.2 billion in 2010. It is expected to grow to almost $3.4 billion in 2011. In the longer term (i.e., 2011 to 2016), the forecast is for strong renewed growth in the home automation market, which is expected to exceed $5.5 billion in 2016, a CAGR of 10.5% between 2011 and 2016.
- Lighting, home entertainment, and security systems accounted for nearly 58% of the U.S. home automation market in 2010. It is estimated to be around $2.1 billion in the year and further to reach $3.8 billion by 2016 at a CAGR of 12.2 %.
- Heating, ventilation, and air conditioning (HVAC) and energy management made up for the remaining 42% of the U.S. market. It is expected to reach $1.7 billion by 2016 at a CAGR of 7.4% between 2011 and 2016.

Details of the new report, table of contents and ordering information can be found on Electronics.ca Publications' website. View the report on our website.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Electronics.ca Publications

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Electronics/Instrumentation/RFID articles,
CATCH Visitors via Your Competitors Announcements!


U.S. Market for Home Automation Systems and Devices Expected to Exceed $5.5 Billion in 2016 Finds Electronics.ca Publications

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Communications Manager - Electronics.ca 
514-425-5596 pr.communications[.]electronics.ca
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Electronics.ca Publications securities in any jurisdiction including any other companies listed or named in this release.

Electronics/Instrumentation/RFID via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Electronics.ca Publications / Company Profile


Read Electronics/Instrumentation/RFID Most Recent Related Press Releases:

Imec Develops 3D-Compatible Germanium nMOS Gate stack with High Mobility and Superior Reliability
Curtiss-Wright to Expand Position in Data Acquisition & FTI Markets with Acquisition of Teletronics Technology Corporation
Datalogic Receives Top Honor At Inspect Awards 2017
Leonardo Sees Surge in Export Orders for Man-portable Laser Designators from US and Europe
Frost & Sullivan Commends Keysight's Growth in Calibration and Repair Services from its New Customer-centric Solutions
Imec Demonstrates World’s First Vertically Stacked Gate-all-Around Si Nanowire CMOS Transistors
GE Ventures, Microsemi and Corning Partner to Launch Menlo Micro and Next Generation of Electronic Switching
Frost & Sullivan Commends LeEco for Driving Innovation in the North American Smart Technologies Market
Malvern Instruments and PANalytical to Merge
Bruker Announces Corporate Partnership with International Phenome Centre Network (IPCN) for NMR Technologies and SOPs

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today