Market Overview:
The global building and home automation market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient buildings, growing awareness about safety and security, and rising adoption of smart homes. The lighting automation segment is expected to hold the largest share of the global building and home automation market in 2018. This segment is projected to grow at a CAGR of 11.5% from 2018 to 2030 due to the increasing demand for energy-efficient lighting solutions.
Product Definition:
Building and Home Automation is the use of technology to automate the tasks associated with buildings and homes. This can include tasks such as regulating temperature, controlling lighting, and managing security systems. Building and Home Automation can improve efficiency, save money, and make life easier for residents.
Lighting Automation:
Lighting automation is the use of electronic devices to control and manage lighting in residential, commercial or industrial applications. It can be used for decorative as well as functional purposes. The factors that propel market growth include growing demand for energy-efficient solutions, need for comfort and security in buildings along with rising government initiatives towards smart cities.
The global lighting automation market size was valued at USD 2,491 million in 2016.
Security & Access Automation:
Security & access automation is the integration of security and access control devices with building automation systems. It allows homeowners to remotely open and close their home's doors and windows, turn on or turn off lights, lock or unlock their cars for convenience as well as security purposes. The technology also helps in monitoring the safety of people, pets and property at home as well as in the surrounding areas through continuous data transmission from various sensors installed around the house.
Application Insights:
The residential segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing need for energy-efficient, smart homes has driven the demand for building and automation solutions across all income groups in developed as well as developing countries such as India, China, Brazil etc. Furthermore, increasing penetration of smart devices further enhances accessibility of advanced systems resulting in high adoption rates across all segments.
Commercial applications include office buildings, retail stores or malls and hotels among others.
Regional Analysis:
The North American region dominated the global market in 2017. The growth of the region can be attributed to increasing penetration of advanced building automation systems and rising demand for energy-efficient homes. Moreover, growing adoption of connected devices in commercial buildings is expected to drive regional growth over the forecast period.
Asia Pacific is estimated to witness significant growth over the next eight years owing to increasing government initiatives for smart cities development and investments by various companies in this region. For instance, In India, Mahindra & Mahindra Ltd.; Bosch; Siemens; Schneider Electric; and Honeywell International Inc.; are some of the companies that have initiated projects related to building automation systems or home security solutions in partnership with Indian government or city municipal corporations (Bundling Of Electromechanical Systems And Components For HVAC Applications). Such partnerships are anticipated to propel regional product demand during the forecast period.
Growth Factors:
- Increasing demand for energy-efficient and smart homes
- Rising awareness about the benefits of home automation
- Growing popularity of DIY home automation solutions
- Proliferation of affordable home automation technologies and devices
- Emergence of new use cases for building and home automation
Scope Of The Report
Report Attributes
Report Details
Report Title
Building and Home Automation Market Research Report
By Type
Lighting Automation, Security & Access Automation, HVAC Automation, Entertainment Automation, Others
By Application
Residential, Commercial
By Companies
Schneider Electric, Vantage Controls, Crestron Electronics, iControl Networks, HoneywelL, AMX, Johnson Controls, ADT, Siemens, 2GIG Technologies, Ingersoll-Rand, ABB, Control4, Legrand, Leviton Manufacturing Company, Lutron, Samsung Electronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Building and Home Automation Market Report Segments:
The global Building and Home Automation market is segmented on the basis of:
Types
Lighting Automation, Security & Access Automation, HVAC Automation, Entertainment Automation, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schneider Electric
- Vantage Controls
- Crestron Electronics
- iControl Networks
- HoneywelL
- AMX
- Johnson Controls
- ADT
- Siemens
- 2GIG Technologies
- Ingersoll-Rand
- ABB
- Control4
- Legrand
- Leviton Manufacturing Company
- Lutron
- Samsung Electronics
Highlights of The Building and Home Automation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lighting Automation
- Security & Access Automation
- HVAC Automation
- Entertainment Automation
- Others
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Building and Home Automation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Building and home automation is the use of technology to control or automate aspects of a building, such as lighting, climate control, security systems, and more. Automation can save time and money for homeowners by making tasks like turning on the lights or adjusting the thermostat easier than ever before.
Some of the major players in the building and home automation market are Schneider Electric, Vantage Controls, Crestron Electronics, iControl Networks, HoneywelL, AMX, Johnson Controls, ADT, Siemens, 2GIG Technologies, Ingersoll-Rand, ABB, Control4, Legrand, Leviton Manufacturing Company, Lutron, Samsung Electronics.
The building and home automation market is expected to register a CAGR of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Building and Home Automation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Building and Home Automation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Building and Home Automation Market - Supply Chain
4.5. Global Building and Home Automation Market Forecast
4.5.1. Building and Home Automation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Building and Home Automation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Building and Home Automation Market Absolute $ Opportunity
5. Global Building and Home Automation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Building and Home Automation Market Size and Volume Forecast by Type
5.3.1. Lighting Automation
5.3.2. Security & Access Automation
5.3.3. HVAC Automation
5.3.4. Entertainment Automation
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Building and Home Automation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Building and Home Automation Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Building and Home Automation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Building and Home Automation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Building and Home Automation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Building and Home Automation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Building and Home Automation Demand Share Forecast, 2019-2026
9. North America Building and Home Automation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Building and Home Automation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Building and Home Automation Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Building and Home Automation Market Size and Volume Forecast by Type
9.7.1. Lighting Automation
9.7.2. Security & Access Automation
9.7.3. HVAC Automation
9.7.4. Entertainment Automation
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Building and Home Automation Demand Share Forecast, 2019-2026
10. Latin America Building and Home Automation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Building and Home Automation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Building and Home Automation Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Building and Home Automation Market Size and Volume Forecast by Type
10.7.1. Lighting Automation
10.7.2. Security & Access Automation
10.7.3. HVAC Automation
10.7.4. Entertainment Automation
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Building and Home Automation Demand Share Forecast, 2019-2026
11. Europe Building and Home Automation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Building and Home Automation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Building and Home Automation Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Building and Home Automation Market Size and Volume Forecast by Type
11.7.1. Lighting Automation
11.7.2. Security & Access Automation
11.7.3. HVAC Automation
11.7.4. Entertainment Automation
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Building and Home Automation Demand Share, 2019-2026
12. Asia Pacific Building and Home Automation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Building and Home Automation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Building and Home Automation Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Building and Home Automation Market Size and Volume Forecast by Type
12.7.1. Lighting Automation
12.7.2. Security & Access Automation
12.7.3. HVAC Automation
12.7.4. Entertainment Automation
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Building and Home Automation Demand Share, 2019-2026
13. Middle East & Africa Building and Home Automation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Building and Home Automation Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Building and Home Automation Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Building and Home Automation Market Size and Volume Forecast by Type
13.7.1. Lighting Automation
13.7.2. Security & Access Automation
13.7.3. HVAC Automation
13.7.4. Entertainment Automation
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Building and Home Automation Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Building and Home Automation Market: Market Share Analysis
14.2. Building and Home Automation Distributors and Customers
14.3. Building and Home Automation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schneider Electric
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Vantage Controls
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Crestron Electronics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. iControl Networks
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. HoneywelL
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AMX
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Johnson Controls
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ADT
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Siemens
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. 2GIG Technologies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ingersoll-Rand
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ABB
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Control4
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Legrand
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Leviton Manufacturing Company
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Lutron
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Samsung Electronics
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
