Home Automation Market - Global Industry Analysis

Global demand for home automation market was valued at around USD 47.59 Billion      in 2018, and is expected to reach approximately USD 101.96 Billion in 2025, at a CAGR slightly above 11.50% between 2018 and 2025.

Home automation is system with network of hardware electronic interfaces communication, which combines hardware and software which gives the user control over the devices and appliances inside the house premises. It is a building automation which is also referred to as smart house or smart home. The devices are connected with each other through internet and can be managed via smartphone or tablet even from miles away.

Home automation market is likely to grow at a significant rate in the expected time period. The demand is driven owing to the increasing adoption of Internet of Things in the developing countries. Rising disposable income and change in taste and preferences of the consumers are also anticipated to propel market growth. Shifting of customer focus from traditional houses to smart homes and change in luxurious and elegant lifestyle is also expected to support market growth. Moreover, rising awareness about efficient energy usage, sharp increase in electricity prices and technological advancement are anticipated to foster home automation market growth. Also, rising safety & security concern is projected to promote the adoption of home automation system, eventually increasing market growth. Surging adoption of automated services is expected to open opportunities for global home automation market. Furthermore, the home automation market is also driven by IoT market growth, increasing adoption of home monitoring system, rising necessity of home monitoring from remote locations and rising customer awareness associated with the convenience of smart home devices which includes lighting and automated security systems along with stringent government regulations is anticipated to propel market growth in the long run. The acceptance of smart homes systems is rising, due to the development in construction industry along with rising demand for energy conservation in home and building automation. However, high initial cost in home automation and lack of awareness and standardization about home automation products and are anticipated to hinder home automation market growth.

The home automation market is bifurcated into application, technology and type. The industry is segmented into entertainment, safety & security, lighting, HVAC and others. Safety & security will hold a significant share in the market during the anticipated period. This is subjected to the rising privacy issues, growing crime rates and other security concerns. All these factors are anticipated to stimulate market growth for home automation.

On the basis of region home automation market is segmented into North America, Europe, Asia Pacific, Latin America and Meddle East and Africa. North America is projected to hold significant share owing to the huge user base along with the presence of majority key player of the market. North America, Europe and Asia Pacific are considered to be the main income generating region for home automation market. The Asia pacific region will contribute in the development of the market owing to the rising income level of the consumers of end users along with the incentive taken by the government eventually promoting market.

The major players operating in the home automation market are Crestron Electronics Inc., Legrand, Honeywell International, Inc., Schneider Electric SE, Control4 Corporation, ABB Ltd., Johnson Controls, Inc., Siemens AG and Zigbee Alliance among others.

The report segments home automation markets are as follows:

Home Automation market:  Application Segment Analysis

• Entertainment
• Safety & Security
• Lighting
• HVAC
• Others

Home Automation market: Technology Segment Analysis

• Wired
• Wireless

Home Automation market: Type Segment Analysis

• Managed
• Do it Yourself (DIY)
• Mainstream
• Luxury

Home Automation market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

• Chapter 1. Preface
  • 1.1. Report Description and Scope
  • 1.2. Research Scope
  • 1.3. Research Methodology
    • 1.3.1. Market Research Process
    • 1.3.2. Market Research Methodology
• Chapter 2. Executive Summary
  • 2.1. Home Automation Market, 2016-2025 (USD Million)
  • 2.2. Home Automation Market: Snapshot
• Chapter 3. Home Automation Market - Industry Analysis
  • 3.1. Home Automation Market: Market Dynamics
  • 3.2. Market Drivers
    • 3.2.1. Driver 1
    • 3.2.2. Driver 2
  • 3.3. Restraints
    • 3.3.1. Restraint 1
    • 3.3.2. Restraint 2
  • 3.4. Opportunity
    • 3.4.1. Government funding and support
  • 3.5. Porter's Five Forces Analysis
  • 3.6. Market Attractiveness Analysis
    • 3.6.1. Market attractiveness analysis By Product
    • 3.6.2. Market attractiveness analysis By Technology
    • 3.6.3. Market attractiveness analysis By Type
    • 3.6.4. Market attractiveness analysis By Region
• Chapter 4. Home Automation Market- Competitive Landscape
  • 4.1. Company market share analysis
    • 4.1.1. Global Home Automation Market: company market share, 2018
  • 4.2. Strategic development
    • 4.2.1. Acquisitions & mergers
    • 4.2.2. New Product launches
    • 4.2.3. Agreements, partnerships, collaborations and joint ventures
    • 4.2.4. Research and development and Regional expansion
  • 4.3. Price trend analysis
• Chapter 5. Global Home Automation Market - Application Analysis
  • 5.1. Global Home Automation Market overview: By Application
    • 5.1.1. Global Home Automation Market share, By Product,2018 and 2025
  • 5.2. Entertainment
    • 5.2.1. Global Home Automation Market By Entertainment, 2016-2025 (USD Million)
  • 5.3. Safety & Security
    • 5.3.1. Global Home Automation Market By Safety & Security, 2016-2025 (USD Million)
  • 5.4. Lighting
    • 5.4.1. Global Home Automation Market By Lighting, 2016-2025 (USD Million)
  • 5.5. HVAC
    • 5.5.1. Global Home Automation Market By HVAC, 2016-2025 (USD Million)
  • 5.6. Others
    • 5.6.1. Global Home Automation Market By others, 2016-2025 (USD Million)
• Chapter 6. Global Home Automation Market -Technology Analysis
  • 6.1. Global Home Automation Market overview: By Technology
    • 6.1.1. Global Home Automation Market share, By Technology, 2018 and 2025
  • 6.2. Wired
    • 6.2.1. Global Home Automation Market By Wired, 2016-2025 (USD Million)
  • 6.3. Wireless
    • 6.3.1. Global Home Automation Market By Wireless, 2016-2025 (USD Million)
  • 6.4. Technology3
    • 6.4.1. Global Home Automation Market By Technology3, 2016-2025 (USD Million)
  • 6.5. Technology4
    • 6.5.1. Global Home Automation Market By Technology4, 2016-2025 (USD Million)
  • 6.6. Others
    • 6.6.1. Global Home Automation Market By Other Technologys, 2016-2025 (USD Million)
• Chapter 7. Global Home Automation Market -Type Analysis
  • 7.1. Global Home Automation Market overview: By Type
    • 7.1.1. Global Home Automation Marketshare, By Type, 2018 and 2025
  • 7.2. Managed
    • 7.2.1. Global Home Automation Market By Managed, 2016-2025 (USD Million)
  • 7.3. Do it Yourself (DIY)
    • 7.3.1. Global Home Automation Market By Do it Yourself (DIY), 2016-2025 (USD Million)
  • 7.4. Mainstream
    • 7.4.1. Global Home Automation Market By Mainstream, 2016-2025 (USD Million)
  • 7.5. Luxury
    • 7.5.1. Global Home Automation MarketBy others4, 2016-2025 (USD Million)
• Chapter 8. Global Home Automation Market - Regional Analysis
  • 8.1. Global Home Automation Market overview: By Region
    • 8.1.1. Global Home Automation Marketshare, By Region, 2018 and 2025
  • 8.2. North America
    • 8.2.1. North America Home Automation Market, 2016-2025 (USD Million)
    • 8.2.2. North America Home Automation Market revenue, By Product,2016-2025 (USD Million)
    • 8.2.3. North America Home Automation Marketrevenue, By Technology, 2016-2025 (USD Million)
    • 8.2.4. North America Home Automation Market revenue, By Type, 2016-2025 (USD Million)
    • 8.2.5. The U.S.
      • 8.2.5.1. The U.S.Home Automation Market revenue, By Product,2016-2025 (USD Million)
      • 8.2.5.2. The U.S.Home Automation Market revenue, By Technology, 2016-2025 (USD Million)
      • 8.2.5.3. The U.S.Home Automation Market revenue, By Type, 2016-2025 (USD Million)
    • 8.2.6. Rest of North America
      • 8.2.6.1. Rest of North America Home Automation Market revenue, By Product,2016-2025 (USD Million)
      • 8.2.6.2. Rest of North America Home Automation Market revenue, By Technology, 2016-2025 (USD Million)
      • 8.2.6.3. Rest of North America Home Automation Market revenue, By Type, 2016-2025 (USD Million)
  • 8.3. Europe
    • 8.3.1. EuropeHome Automation Market2016-2025 (USD Million)
    • 8.3.2. Europe Home Automation Market revenue, By Product,2016-2025 (USD Million)
    • 8.3.3. Europe Home Automation Market revenue, By Technology, 2016-2025 (USD Million)
    • 8.3.4. Europe Home Automation Marketrevenue, By Type, 2016-2025 (USD Million)
    • 8.3.5. UK
      • 8.3.5.1. U.K.Home Automation Market revenue, By Product,2016-2025 (USD Million)
      • 8.3.5.2. U.K.Home Automation Market revenue, By Technology, 2016-2025 (USD Million)
      • 8.3.5.3. U.K. Home Automation Marketrevenue, By Type, 2016-2025 (USD Million)
    • 8.3.6. France
      • 8.3.6.1. France Home Automation Market revenue, By Product,2016-2025 (USD Million)
      • 8.3.6.2. France Home Automation Market revenue, By Technology, 2016-2025 (USD Million)
      • 8.3.6.3. France Home Automation Market revenue, By Type, 2016-2025 (USD Million)
    • 8.3.7. Germany
      • 8.3.7.1. Germany Home Automation Market revenue, By Product,2016-2025 (USD Million)
      • 8.3.7.2. Germany Home Automation Marketrevenue, By Technology, 2016-2025 (USD Million)
      • 8.3.7.3. Germany Home Automation Market revenue, By Type, 2016-2025 (USD Million)
    • 8.3.8. Rest of Europe
      • 8.3.8.1. Rest of EuropeHome Automation Market revenue, By Product,2016-2025 (USD Million)
      • 8.3.8.2. Rest of EuropeHome Automation Marketrevenue, By Technology, 2016-2025 (USD Million)
      • 8.3.8.3. Rest of Europe Home Automation Market revenue, By Type, 2016-2025 (USD Million)
  • 8.4. Asia Pacific
    • 8.4.1. Asia Pacific Home Automation Market, 2016-2025 (USD Million)
    • 8.4.2. Asia Pacific Home Automation Marketrevenue, By Product,2016-2025 (USD Million)
    • 8.4.3. Asia Pacific Home Automation Market revenue, By Technology, 2016-2025 (USD Million)
    • 8.4.4. Asia Pacific Home Automation Marketrevenue, By Type, 2016-2025 (USD Million)
    • 8.4.5. China
      • 8.4.5.1. China Home Automation Market revenue, By Product,2016-2025 (USD Million)
      • 8.4.5.2. China Home Automation Market revenue, By Technology, 2016-2025 (USD Million)
      • 8.4.5.3. China Home Automation Marketrevenue, By Type, 2016-2025 (USD Million)
    • 8.4.6. Japan
      • 8.4.6.1. Japan Home Automation Market revenue, By Product,2016-2025 (USD Million)
      • 8.4.6.2. Japan Home Automation Marketrevenue, By Technology, 2016-2025 (USD Million)
      • 8.4.6.3. Japan Home Automation Market revenue, By Type, 2016-2025 (USD Million)
    • 8.4.7. India
      • 8.4.7.1. India Home Automation Market revenue, By Product,2016-2025 (USD Million)
      • 8.4.7.2. India Home Automation Marketrevenue, By Technology, 2016-2025 (USD Million)
      • 8.4.7.3. India Home Automation Market revenue, By Type, 2016-2025 (USD Million)
    • 8.4.8. Rest of Asia Pacific
      • 8.4.8.1. Rest of Asia Pacific Home Automation Marketrevenue, By Product,2016-2025 (USD Million)
      • 8.4.8.2. Rest of Asia Pacific Home Automation Market revenue, By Technology, 2016-2025 (USD Million)
      • 8.4.8.3. Rest of Asia Pacific Home Automation Market revenue, By Type, 2016-2025 (USD Million)
  • 8.5. Latin America
    • 8.5.1. Latin America Home Automation Market, 2016-2025 (USD Million)
    • 8.5.2. Latin America Home Automation Market revenue, By Product,2016-2025 (USD Million)
    • 8.5.3. Latin America Home Automation Market revenue, By Technology, 2016-2025 (USD Million)
    • 8.5.4. Latin America Home Automation Market revenue, By Type, 2016-2025 (USD Million)
    • 8.5.5. Brazil
      • 8.5.5.1. Brazil Home Automation Marketrevenue, By Product,2016-2025 (USD Million)
      • 8.5.5.2. Brazil Home Automation Market revenue, By Technology, 2016-2025 (USD Million)
      • 8.5.5.3. Brazil Home Automation Market revenue, By Type, 2016-2025 (USD Million)
    • 8.5.6. Rest of LatinAmerica
      • 8.5.6.1. Rest of LatinAmerica Home Automation Market revenue, By Product,2016-2025 (USD Million)
      • 8.5.6.2. Rest of LatinAmerica Home Automation Market revenue, By Technology, 2016-2025 (USD Million)
      • 8.5.6.3. Rest of Latin America Home Automation Marketrevenue, By Type, 2016-2025 (USD Million)
  • 8.6. The Middle East and Africa
    • 8.6.1. The Middle East and Africa Home Automation Market, 2016-2025 (USD Million)
    • 8.6.2. The Middle East and Africa Home Automation Marketrevenue, By Product,2016-2025 (USD Million)
    • 8.6.3. The Middle East and Africa Home Automation Market revenue, By Technology, 2016-2025 (USD Million)
    • 8.6.4. The Middle East and Africa Home Automation Marketrevenue, By Type, 2016-2025 (USD Million)
• Chapter 9. Company Profiles
  • 9.1. Crestron Electronics Inc.
    • 9.1.1. Overview
    • 9.1.2. Financials
    • 9.1.3. Product Portfolio
    • 9.1.4. Business Strategy
    • 9.1.5. Recent Developments
  • 9.2. Legrand
    • 9.2.1. Overview
    • 9.2.2. Financials
    • 9.2.3. Product Portfolio
    • 9.2.4. Business Strategy
    • 9.2.5. Recent Developments
  • 9.3. Honeywell International
    • 9.3.1. Overview
    • 9.3.2. Financials
    • 9.3.3. Product Portfolio
    • 9.3.4. Business Strategy
    • 9.3.5. Recent Developments
  • 9.4. Schneider Electric SE
    • 9.4.1. Overview
    • 9.4.2. Financials
    • 9.4.3. Product Portfolio
    • 9.4.4. Business Strategy
    • 9.4.5. Recent Developments
  • 9.5. Control4 Corporation
    • 9.5.1. Overview
    • 9.5.2. Financials
    • 9.5.3. Product Portfolio
    • 9.5.4. Business Strategy
    • 9.5.5. Recent Development
  • 9.6. ABB Ltd
    • 9.6.1. Overview
    • 9.6.2. Financials
    • 9.6.3. Product Portfolio
    • 9.6.4. Business Strategy
    • 9.6.5. Recent Development
  • 9.7. Johnson Controls, Inc
    • 9.7.1. Overview
    • 9.7.2. Financials
    • 9.7.3. Product Portfolio
    • 9.7.4. Business Strategy
    • 9.7.5. Recent Development
  • 9.8. Siemens AG and Zigbee Alliance
    • 9.8.1. Overview
    • 9.8.2. Financials
    • 9.8.3. Product Portfolio
    • 9.8.4. Business Strategy
    • 9.8.5. Recent Development