Thursday, April 28, 2011

European Smart Homes Market Worth $3,267 Million By 2015 : MarketsandMarkets


The European smart homes market is estimated to grow from $1,544.3 million in 2010 to $3,267 million in 2015, at an estimated CAGR of 16.2% from 2010 to 2015. rising demand for energy efficient systems, growing number of venture capital funding, rising security issues and increasing aging population have increased the demand for smart homes in Europe.
Amongst all the smart homes applications, security market generated the highest revenue of $380.5 million in 2010 and is expected to reach $741.6 million in 2015, with a CAGR of 14.3% from 2010 to 2015. The entertainment and energy management market is expected to grow with a relatively high CAGR of 19.6% and 21.4% respectively from 2010 to 2015.
Browse all : Assisted Living Market 
Scope of the report
This research report categorizes the European smart homes market on the basis of applications and countries; forecasting revenues and analyzing trends in each of the smart homes applications.
On the basis of applications
Applications such as security, lighting, HVAC, entertainment, energy management and others are covered in the report.
On the basis of geography
  • Northern Europe, Eastern Europe, Western Europe, Southern Europe and Central Europe are covered in the report.
Each section will provide market data, market drivers, trends and opportunities, top-selling products, key players and competitive outlook. This report will also provide market tables for covering the sub-segments and micro-markets. In addition, the report also provides more than 20 company profiles covering all the sub-segments.
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Key questions answered
  • Which are the high-growth segments/cash cows and how is the market segmented in terms of applications and materials?
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  • Where are the gaps and opportunities; what is driving the market?
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  • How is the competitive outlook; who are the main players in each of the segments; what are the key selling products; what are their strategic directives, operational strengths and product pipelines? Who is doing what?
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