DUBLIN--(BUSINESS WIRE)--The "Global Smart Home Water Sensor and Controller Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The analysts forecast the global smart home water sensor and controller market to grow at a CAGR of 4.66% during the period 2018-2022.
A smart home water sensor is an electronic device that sends alerts to the users' smartphones or tablets in case of a water leak. Some smart water sensors work via and others connect to a smart-home hub using wireless technologies.
The report covers the present scenario and the growth prospects of the global smart home water sensor and controller market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
One trend in the market is tracking total household water consumption through smart water controllers. Developments in smart home water sensor and controller technology along with compatibility with IoT and big data technology have led to the increased adoption of smart home water sensors and controllers..
One driver in the market is growing residential constructions. The global construction market is expected to grow at an accelerated rate during the forecast period owing to economic growth and increase in expenditure globally.
The report states that one challenge in the market is high price limiting consumer adoption in low-and middle-class population. In 2017, the average selling price of a smart home water sensor in the market was $220, and that for a smart home water controller was $295.
- EcoNet Controls
- FIBAR GROUP
- LIXIL Group
- and Winland Holdings
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation By Technology
8: Market Segmentation By Power Source
9: Market Segmentation By Distribution Channel
10: Customer Landscape
11: Market Segmentation By Product
12: Regional Landscape
13: Decision Framework
14: Drivers And Challenges
15: Market Trends
16: Vendor Landscape
17: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/glsv3j/global_smart_home?w=4