Increasing awareness and robust new construction activity is helping to propel the growth of the home automation ma...
January 2, 2007
Increasing awareness and robust new construction activity is helping to propel the growth of the home automation market.
A recent study from Frost & Sullivan found that the market earned revenues of US$1.2 billion in 2005 and the research firm estimates this number will reach US$2.4 billion by 2012.
“The ever increasing awareness among homeowners about the benefits offered by the home automation market has driven the growth of this market,” says Frost & Sullivan Research Analyst David Lee.
“This increase in awareness is mainly due to the entertainment aspect. The manufacturers, to some extent, have been able to educate the homeowners and make an offering as a package along with the entertainment.”
However, the firm notes that the lack of proper training for installers affects the sales of home automation systems: “Proper installation is essential for a system to function effectively. Hence, training for installers about the products becomes imperative.”
Industry associations and conglomerations must arrange for necessary resources to train the system integrators, contractors and installers, Lee says.