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Home automation market to reach $3 billion by 2007, report says

Oct 4, 2002 12:00 PM

Capitalizing on market segmentation that extends from do-it-yourself systems that employ equipment available at retail outlets to custom homes with hardwired systems, the home automation and controls industry is set to reach revenues of $3.17 billion by 2007, according to a new study by Allied Business Intelligence.

“Home Automation & Control Networks: Market Segmentation & Drivers, Technology Review and Forecasts” discusses the technology standards, proprietary protocols, and emerging technologies, as well as market trends that are creating opportunities for growth. The report also covers the challenges facing industry players, including segments like lighting control, HVAC control, and security systems.

For more information, visit www.alliedworld.com.

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© 2012 Penton Business Media, Inc.

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