Market Share of Europe Smart Homes Industry
The European Smart Homes market is fragmented with key players in the industry such as Siemens AG, Legrand SA, Schneider Electric, Philips Lighting, ADT, and more. These companies are contributing to the market by investing in new product innovations with lower costs and more energy-efficient products.
- October 2021 - ADT announced the acquisition of Edwards Electronic Systems, Inc. The purchase of Edwards Electronic Systems further deepens the ADT Commercial organization's integration capabilities and fire and life safety expertise to serve mid-market, national, and large-scale commercial customers in the Carolinas region.
- November 2021 - Siemens Smart Infrastructure has launched its new selector application for protection devices as part of the energy automation and protection service portfolio. The Easy Relay Retrofit Selector Application makes it easy for users to select a protection legacy device or 3rd. Party equipment for a new device or retrofit service. The app supports all verticals in which protection devices are installed. The simple operation does not require any expert knowledge on protection technology.
- November 2021 - bp and Schneider Electric have partnered to help decarbonize high emissions in European Union and the UK. Together, bp and Schneider Electric's complementary skills in consulting, designing, building, and operating decarbonized energy systems will help companies achieve their decarbonization targets. In addition, bp and Schneider Electric intend to explore business models to enable customers to lessen the complexity, risk, and capital investment of decarbonization by operating such energy systems as a service.
Europe Smart Home Market Leaders
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Siemens AG
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Legrand SA
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ADT Security Services
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Philips
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Schneider Electric
*Disclaimer: Major Players sorted in no particular order
