Smart Home Water Sensor And Controller Market In North America 2024-2028
The smart home water sensor and controller market in North America is forecasted to grow by USD 139.71 mn during 2023-2028, accelerating at a CAGR of 9.58% during the forecast period. The report on the smart home water sensor and controller market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing instances of water leakage and increasing cost of repair, growth in construction and smart city projects in North America, and increasing numbers of product launches.
Technavio's smart home water sensor and controller market in North America is segmented as below:
By Type
By Application
- Commercial and industrial
- Residential
This study identifies the advancements in smart home water sensors and controllers as one of the prime reasons driving the smart home water sensor and controller market in North America growth during the next few years. Also, growing collaborations among smart home technology providers and property insurers and integration with voice-controlled personal assistants will lead to sizable demand in the market.
The report on the smart home water sensor and controller market in North America covers the following areas:
- Smart home water sensor and controller market in North America sizing
- Smart home water sensor and controller market in North America forecast
- Smart home water sensor and controller market in North America industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart home water sensor and controller market in North America vendors that include Conservation Labs Inc., D Link Corp., EcoNet Controls Inc., Flume Inc., Honeywell International Inc., Moen Inc., OVAL Digital Inc., Phyn LLC, Resideo Technologies Inc., Samsung Electronics Co. Ltd., Sencentric Inc., Sensored Life LLC, Simplisafe Inc., Smartlabs Inc., Stanley Black and Decker Inc., Vivint Inc., Wasserstein Home, Waxman Industries Inc., Winland Electronics Inc., and Zircon Corp.. Also, the smart home water sensor and controller market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.