UAE Smart Homes Market (2016-2022)-6Wresearch

6wresearch

UAE Smart Homes Market is one of the Fastest Growing Market in the GCC Region in 2015

UAE is one of the leading markets for smart home systems in GCC region. Although, UAE market registered a slow growth during 2013-2015 owing to the decline in residential sector construction market coupled with the low FDI inflow. However, on account of growing awareness and increasing acceptance of automation technology, UAE market is expected to exhibit a major deployment of smart homes systems in the country.

According to 6Wresearch, UAE Smart Homes Market is expected to grow at a CAGR of 14.8% from 2016 to 2022. During 2010-15, physical security system segment has witnessed largest number of installations in the country; however, energy management system segment captured major share of the market revenue pie. The key reason for the increasing revenue from the energy management system segment is the high prices of the HVAC and automation systems.

According to Prijo Samuel, Senior Research Analyst, Research and Consulting, 6Wresearch, “Smart homes technology is being deployed majorly in new construction only, however physical security systems can be installed in the retrofit segment as well.”

He further added, “In UAE energy management systems are more preferred apart from security systems. Lighting control and temperature controllers generates maximum demand in the country”

According to Shefali Goel, Research Analyst, Research and Consulting, 6Wresearch, “Amongst all regions, Dubai Emirate contributes a major share in the market revenue due to increasing acceptance of automation technology and construction of modern villas.

However, during 2010-14, Abu Dhabi Emirate was the leading region in UAE owing to the high construction of villas,” Shefali Concluded.

Some of the leading players in UAE smart home market includes- ABB, Crestron, Control4, Legrand, Honeywell and Siemens.

UAE Smart Homes Market (2016-2022)” provides in-depth analysis with 41 figures and tables covered in more than 75 pages. The report estimates and forecast overall UAE Smart Homes market by revenue, by segments such as physical security system, energy management system, blinds management systems and other home automation systems, and by region. The report also gives the insights on competitive landscape, market share by companies, companies benchmarking, company profiles, market drivers and restraints.

UAE Smart Homes Market (2016-2022) graph

Source Link: http://www.6wresearch.com/press-releases/united-arab-emirates-uae-smart-homes-market-2016-22-share-forecasts-trends-size-growth-opportunity-media-news.html

For Further details, please contact:
Email Us: sales@6wresearch.com
Call Now: +91-11-430-24-305

Advertisements

Author: 6wresearch- Market Intelligence Solutions

6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography. Our Research Process Outsourcing (RPO) division enables our client to reduce their cost by outsourcing their research needs and focusing on their core competency. Our Business Model The prime motto of 6Wresearch is to see the exponential growth of our clients by meeting all the research requirements. 6Wresearch is pioneer in implementing 6W (what, where, when, who, when and how) model across its research cycle. We believe that exhaustive research can only be accomplished if it covers all six dimensions of research: What to invest in: What product and services is to produce to target potential market? Where to invest: Which geography to enter? When to invest: When is the right time to enter to the market? Whom to target: Who is your target consumer and buyers? Why to invest: What growth and opportunity the target market is offering? How to invest: What is the right strategy to enter the target market? Our integrated survey based model enable us to deliver real insights from key industry players which enable our clients to acquaint themselves with key industry trends & developments and devise various strategies for growth. Our Core Beliefs/Values 6Wresearch values its client and believes in maintaining long term relationship with them by providing high quality research solutions. 6Wresearch maintains its core beliefs and values by complementing Commitment towards standards, ethics and integrity, Ensuring client satisfaction, Maintaining full transparency. To find details on our members and associates please go to our directory of members.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s