China Smart Home Industry Reviewed in New Huidian Research Study Now Available at MarketPublishers.com23 Feb 2015 • by Natalie Aster
LONDON – Underpinned by the growth of the real estate and home industries, the Chinese smart home ecosystem is gradually turning into a mature marketplace, with growing competition from overseas producers of smart home systems and products. In the coming years, China is expected to promote smart home networking solutions and products in the homes of ordinary people nationwide. At present, the country’s high-end smart home market is primarily inhabited by overseas brands such as Honeywell International, Schneider Electric, ABB, Merten GmbH & Co. KG, etc. Typically, the smart home market brands have the integrated smart home solutions and products with complete and more expensive after-sale services, chiefly applied in luxury residence projects. The middle-end market is a relatively mature one, which is primarily occupied by famous local brands including Anjubao, Shanghai Super, Tianjin Ruilang, Bochuang S&T, ShenZhen(China) SoBen Skysafe Hi-Tech Develepment, Qingdao Haier and Fujian Aurine Technology among others.
The market’s growth, however, is being hindered mainly by such factors as the absence of the unified industrial standard, inability of technologically advanced but unpractical products to be in line with demand, as well as high product prices as large sums are required for R&D, and some SMEs have no power to innovate on a constant basis.
In 2011-2014, China’s smart home market has maintained a growth rate of more than 30% for 4 successive years. In 2014, the market scale hit around USD 4.58 billion, representing YoY growth of 39.36%.
New report “Market Research and Development Trend Forecast of Smart Home Industry in China, 2015-2020” prepared by Huidian Research covers the Chinese smart home industry.
The study reviews the development of the smart home industry worldwide and in key regions, examines the current condition and development trends of the industry in China alongside providing an all-round market analysis. It gives an up-close look at the overall market scale of smart homes in the country, status-quo of the market development, and market structure. The report offers data on demand and supply, examines the competition in the industry including a discussion of domestic enterprises and brands, analyses financial influences on the domestic market. It also reviews sales trends, import and export dynamics, market channels, as well as prices. Business strategies of domestic benchmark enterprises are discussed, and a comparison of profitability of top smart home manufacturers is given. Detailed market forecasts to 2020 are available, including forecasts of market scale, as well as of economic growth and demand for smart homes. Additionally, the investment environment of the industry is assessed and respective suggestions are offered, as well as expert evaluation of smart home projects is provided.
Market Research and Development Trend Forecast of Smart Home Industry in China, 2015-2020
Published: February, 2015
Price: US$ 1,900.00
More new reports by the publisher can be found at Huidian Research page.