Monday, 4 March 2019

Future of China Smart Homes Market : Industry Attractiveness, Competitive Landscape and Forecasts to 2024

ResearchMoz presents professional and in-depth study of "China Smart Homes Market, Numbers, By (Home Automation, Home Entertainment, Ambient Assisted Living (AAL), Energy Management, Security) Company Analysis & Forecast".

Smart homes market in China has great potential to grow as it has all growing required factors such as growing middle and upper class population, government support policy for IoT, high internet penetration rate, large number of internet users and hefty local manufactures which help to boost  uses of smart home devices in lower and middle income segments. It is expected that China smart homes market will grow at a CAGR of 44.30 percent during the period 2017-2024.

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Home Automation & Energy Management are key segments for China smart home market

In China smart homes market, home automation and energy management are two key segments. These two combined share was over 60 percent in 2016. Smart light devices are attracting novice users to use and experience as it’s not much costly. Smart lighting devices are also energy efficient which is efficient and environmental friendly. Most of the smart home devices are built with the consideration of green energy as pollution is a big issues in China.

Remote control & security are attractive features for middle & upper class smart home users in China

Remote control & security are attractive features for middle & upper class China smart home users. With the help of Smartphone and application, users can control their home appliances. Users can operate the AC or smart TV or change their settings from the app from anywhere. They can also monitor from office that which programs their children’s are watching. Security is another great aspect for users. Only authorized person can enter their home as smart home doors have sensor features.

Government support for smart cities and internet of things (IoT) drives the China smart home market

Chinese government has taken aggressively initiatives for smart cities and internet of things (IoT) that drives the China smart homes market. Smart cities projects provide the opportunities for not only domestic players but also international players too. Under the smart cities project, selected city have smart energy, smart water, smart transpiration and smart health system. Home automation is the part of IoT which means government initiatives for IoT will drive home automation market in China.

Renub Research report titled “China Smart Homes Market, Numbers, By (Home Automation, Home Entertainment, Ambient Assisted Living (AAL), Energy Management, Security) Company Analysis & Forecast” provides a comprehensive analysis of the current state of this market and likely future evolution over the next 6 years. This 98 page report with 30 Figures and 10 Tables studies the China home automation market from 7 view points:

    Numbers & Forecast
    Market & Forecast
    Market Share, Numbers Share & Forecast
    Market and Number analysis by (Home Entertainment, Ambient Assisted Living (AAL), Energy Management,Security, Home Automation)
    Funding in China Smart Homes Market
    China Smart City Pilot Project & IoT / Smart Homes Policies, Trends and Standards
    Company Product Profiling of China Smart Homes

Product Category – Market & Numbers

    Home Entertainment
    Ambient Assisted Living (AAL)
    Energy Management
    Security
    Home Automation

China Smart Homes 6 Company profile cover in this report

    Chuango Security Technology Corp
    Heiman Co., Limited
    Sichuan Changhong Electric Co Ltd
    Hisense Co. Ltd
    Xiaomi Inc
    Alibaba Group

All the Company in the report has been studied from 3 viewpoints

    Company Overview
    Smart Home Products
    Initiatives / Development in IoT & Smart Homes

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This report is useful for those who want to know

    Smart homes market in China at present its forecast
    Present and forecast number of Smart homes in China
    Smart Homes Product Category Market & its forecast
    Key profiles of the smart homes players with overview, number of smart homes products and initiatives in China smart homes / IoT.
    Funding in China Smart Homes
    Smart city projects related activities such as number of city covered, available financing etc.
    Government policy towards smart homes/ IoT

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