Market Overview:
The global smart home water sensor and controller market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart home devices, rising awareness about energy conservation, and growing concerns about water wastage. The global smart home water sensor and controller market can be segmented on the basis of type into Smart Home Water Sensor and Smart Home Water Controller. On the basis of application, the market can be segmented into commercial and residential applications. The commercial application segment is expected to grow at a higher CAGR than the residential application segment during the forecast period from 2018 to 2030 owing to increased adoption of these devices in offices, hospitals, schools, etc., for efficient management of resources such as water and energy. Geographically, North America is estimated to hold a major share in terms of revenue contribution in 2018 followed by Europe due high penetration rate for advanced technologies coupled with presence major players offering these solutions in these regions respectively .
Product Definition:
A smart home water sensor and controller is a device that helps to manage water usage in a home. It can detect when there is a leak or excessive use of water and then take action to correct the situation. This can help to save money on water bills and also prevent damage from leaks.
Smart Home Water Sensor:
The smart home water sensor is a device that monitors the level of water in a home's plumbing system and alerts users when there is a problem. It can also turn on or off the faucet to regulate the flow of water, thereby helping save energy and reduce costs. The product has gained popularity due to its ability to help prevent pipe corrosion, which can lead to leaks and other problems.
Smart Home Water Controller:
The smart home water controller is a device that monitors the level of water in household storage tanks and helps in regulating the flow from faucets. It also has an option to turn off the tap water completely if there is a sudden rise in demand or supply shortage. The product works on two basic principles, namely controlling devices connected to an electrical network and controlling taps attached to kitchen faucets.
Application Insights:
The commercial application segment dominated the global smart home water sensor and controller market, accounting for more than 60.0% share of the overall revenue in 2017. The growth of this segment is attributed to an increase in demand for energy-efficient solutions across various industries, such as hospitality, healthcare and office buildings. Furthermore, increasing investments by public infrastructure bodies are expected to boost product adoption over the coming years. For instance, in June 2018; The City Of London Corporation invested ¢â€š¹5 million pounds into Aquaflow Technology Ltd., a company that develops smart water sensors and controllers for commercial applications including power generation plants and cooling towers among others.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing awareness regarding energy conservation and demand management among residential as well as commercial customers. Europe is expected to witness significant growth over the forecast period owing to rising investments in smart home technology across countries such as Germany, France, Italy, and U.K., which will lead to increased adoption of water sensors and controllers for domestic purposes. Moreover, growing penetration of smart meters is anticipated to drive demand for intelligent water management solutions over the next eight years in Europe's major cities including London, Paris, Rome, Madrid etc.
Asia Pacific is expected witness substantial growth from 2018 to 2030 due its large population base coupled with rapid urbanization trends across emerging economies such as China.
Growth Factors:
- Increasing demand for water conservation and efficient utilization of resources
- Rising awareness about the benefits of smart home water sensor and controller systems
- Proliferation of internet-of-things (IoT) devices and growing demand for smart homes
- Rapid advancements in sensor technology and artificial intelligence (AI)
- Growing popularity of home automation
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Home Water Sensor and Controller Market Research Report
By Type
Smart Home Water Sensor, Smart Home Water Controller
By Application
Commercial, Residential
By Companies
EcoNet Controls, FIBAR GROUP, LIXIL Group, SAMSUNG, Winland Holdings, EcoNet Controls
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Smart Home Water Sensor and Controller Market Report Segments:
The global Smart Home Water Sensor and Controller market is segmented on the basis of:
Types
Smart Home Water Sensor, Smart Home Water Controller
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
Commercial, Residential
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:
- EcoNet Controls
- FIBAR GROUP
- LIXIL Group
- SAMSUNG
- Winland Holdings
- EcoNet Controls
Highlights of The Smart Home Water Sensor and Controller 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:
- Smart Home Water Sensor
- Smart Home Water Controller
- By Application:
- Commercial
- Residential
- 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 Smart Home Water Sensor and Controller 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?
A smart home water sensor and controller is a device that can be used to monitor and control the flow of water in a home. This type of device can be used to automate tasks such as watering plants, filling up bathtubs, or turning on/off lights.
Some of the key players operating in the smart home water sensor and controller market are EcoNet Controls, FIBAR GROUP, LIXIL Group, SAMSUNG, Winland Holdings, EcoNet Controls.
The smart home water sensor and controller market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Home Water Sensor and Controller Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Home Water Sensor and Controller Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Home Water Sensor and Controller Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Home Water Sensor and Controller Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Home Water Sensor and Controller Market Size & Forecast, 2018-2028
4.5.1 Smart Home Water Sensor and Controller Market Size and Y-o-Y Growth
4.5.2 Smart Home Water Sensor and Controller Market Absolute $ Opportunity
Chapter 5 Global Smart Home Water Sensor and Controller Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Smart Home Water Sensor and Controller Market Size Forecast by Type
5.2.1 Smart Home Water Sensor
5.2.2 Smart Home Water Controller
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Smart Home Water Sensor and Controller Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Smart Home Water Sensor and Controller Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Home Water Sensor and Controller Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Home Water Sensor and Controller Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Smart Home Water Sensor and Controller Analysis and Forecast
9.1 Introduction
9.2 North America Smart Home Water Sensor and Controller Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Smart Home Water Sensor and Controller Market Size Forecast by Type
9.6.1 Smart Home Water Sensor
9.6.2 Smart Home Water Controller
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Smart Home Water Sensor and Controller Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Smart Home Water Sensor and Controller Analysis and Forecast
10.1 Introduction
10.2 Europe Smart Home Water Sensor and Controller Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Smart Home Water Sensor and Controller Market Size Forecast by Type
10.6.1 Smart Home Water Sensor
10.6.2 Smart Home Water Controller
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Smart Home Water Sensor and Controller Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Smart Home Water Sensor and Controller Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Smart Home Water Sensor and Controller Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Smart Home Water Sensor and Controller Market Size Forecast by Type
11.6.1 Smart Home Water Sensor
11.6.2 Smart Home Water Controller
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Smart Home Water Sensor and Controller Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Smart Home Water Sensor and Controller Analysis and Forecast
12.1 Introduction
12.2 Latin America Smart Home Water Sensor and Controller Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Smart Home Water Sensor and Controller Market Size Forecast by Type
12.6.1 Smart Home Water Sensor
12.6.2 Smart Home Water Controller
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Smart Home Water Sensor and Controller Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Smart Home Water Sensor and Controller Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Smart Home Water Sensor and Controller Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Smart Home Water Sensor and Controller Market Size Forecast by Type
13.6.1 Smart Home Water Sensor
13.6.2 Smart Home Water Controller
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Smart Home Water Sensor and Controller Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Home Water Sensor and Controller Market: Competitive Dashboard
14.2 Global Smart Home Water Sensor and Controller Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 EcoNet Controls
14.3.2 FIBAR GROUP
14.3.3 LIXIL Group
14.3.4 SAMSUNG
14.3.5 Winland Holdings
14.3.6 EcoNet Controls
