The global home automation system market is expected to grow at a CAGR of 12.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for smart homes and rising awareness about the benefits of home automation systems. The wireless communication technologies segment is expected to dominate the market during the forecast period, owing to its high adoption rate in various applications such as lighting control, security & access control, HVAC control and entertainment control. North America accounted for a major share in terms of revenue in 2018 due to its high adoption rates across various applications such as lighting control, security & access control and HVAC Control. Europe was also among one of the leading regions with respect to revenue share owing to its high adoption rates across various applications such as lighting control and security & access controls. Asia Pacific is expected to be one of the fastest-growing regions with respect to revenue share during the forecast period due mainly due increased demand for smart homes in countries like China and India coupled with rising awareness about benefits offered by home automation systems.
- The growth of the market is attributed to the increasing demand for smart homes and the need for energy efficiency in buildings.
- Home automation systems are also being used as an effective way of managing security and safety in residential buildings, which will drive their adoption rates over the next few years.
- The increasing number of smart devices that are being developed will also contribute towards this growth.
- Home automation systems can be integrated with other technologies such as IoT, cloud computing, and big data analytics.
Industry Growth Insights published a new data on “Home Automation System Market”. The research report is titled “Home Automation System Market research by Types (Wireless Communication Technologies, Network Technologies), By Applications (Lighting Control, Security & Access Control, HVAC Control, Entertainment Control, Others), By Players/Companies Honeywell, Legrand, Schneider Electric, Johnson Controls, Siemens, Ingersoll-Rand, ABB, Control4, Crestron Electronics, Leviton Manufacturing Company, Lutron, Samsung Electronics”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Automation System Market Research Report
By Type
Wireless Communication Technologies, Network Technologies
By Application
Lighting Control, Security & Access Control, HVAC Control, Entertainment Control, Others
By Companies
Honeywell, Legrand, Schneider Electric, Johnson Controls, Siemens, Ingersoll-Rand, ABB, Control4, Crestron Electronics, 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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Home Automation System Market Report Segments:
The global Home Automation System market is segmented on the basis of:
Types
Wireless Communication Technologies, Network Technologies
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
Lighting Control, Security & Access Control, HVAC Control, Entertainment Control, Others
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:
- Honeywell
- Legrand
- Schneider Electric
- Johnson Controls
- Siemens
- Ingersoll-Rand
- ABB
- Control4
- Crestron Electronics
- Leviton Manufacturing Company
- Lutron
- Samsung Electronics
Highlights of The Home Automation System 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:
- Wireless Communication Technologies
- Network Technologies
- By Application:
- Lighting Control
- Security & Access Control
- HVAC Control
- Entertainment Control
- Others
- 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 Home Automation System 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.
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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 home automation system is a collection of devices and software that allow you to control various aspects of your home from a single location. This can include things like turning on/off lights, adjusting the temperature, setting alarms, and more.
Some of the key players operating in the home automation system market are Honeywell, Legrand, Schneider Electric, Johnson Controls, Siemens, Ingersoll-Rand, ABB, Control4, Crestron Electronics, Leviton Manufacturing Company, Lutron, Samsung Electronics.
The home automation system market is expected to register a CAGR of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Home Automation System 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. Home Automation System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Home Automation System Market - Supply Chain
4.5. Global Home Automation System Market Forecast
4.5.1. Home Automation System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Home Automation System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Home Automation System Market Absolute $ Opportunity
5. Global Home Automation System 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. Home Automation System Market Size and Volume Forecast by Type
5.3.1. Wireless Communication Technologies
5.3.2. Network Technologies
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Home Automation System 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. Home Automation System Market Size and Volume Forecast by Application
6.3.1. Lighting Control
6.3.2. Security & Access Control
6.3.3. HVAC Control
6.3.4. Entertainment Control
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Home Automation System 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. Home Automation System 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 Home Automation System 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. Home Automation System 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 Home Automation System Demand Share Forecast, 2019-2026
9. North America Home Automation System 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 Home Automation System 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 Home Automation System Market Size and Volume Forecast by Application
9.4.1. Lighting Control
9.4.2. Security & Access Control
9.4.3. HVAC Control
9.4.4. Entertainment Control
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Home Automation System Market Size and Volume Forecast by Type
9.7.1. Wireless Communication Technologies
9.7.2. Network Technologies
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 Home Automation System Demand Share Forecast, 2019-2026
10. Latin America Home Automation System 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 Home Automation System 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 Home Automation System Market Size and Volume Forecast by Application
10.4.1. Lighting Control
10.4.2. Security & Access Control
10.4.3. HVAC Control
10.4.4. Entertainment Control
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Home Automation System Market Size and Volume Forecast by Type
10.7.1. Wireless Communication Technologies
10.7.2. Network Technologies
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 Home Automation System Demand Share Forecast, 2019-2026
11. Europe Home Automation System 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 Home Automation System 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 Home Automation System Market Size and Volume Forecast by Application
11.4.1. Lighting Control
11.4.2. Security & Access Control
11.4.3. HVAC Control
11.4.4. Entertainment Control
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Home Automation System Market Size and Volume Forecast by Type
11.7.1. Wireless Communication Technologies
11.7.2. Network Technologies
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 Home Automation System Demand Share, 2019-2026
12. Asia Pacific Home Automation System 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 Home Automation System 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 Home Automation System Market Size and Volume Forecast by Application
12.4.1. Lighting Control
12.4.2. Security & Access Control
12.4.3. HVAC Control
12.4.4. Entertainment Control
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Home Automation System Market Size and Volume Forecast by Type
12.7.1. Wireless Communication Technologies
12.7.2. Network Technologies
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 Home Automation System Demand Share, 2019-2026
13. Middle East & Africa Home Automation System 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 Home Automation System 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 Home Automation System Market Size and Volume Forecast by Application
13.4.1. Lighting Control
13.4.2. Security & Access Control
13.4.3. HVAC Control
13.4.4. Entertainment Control
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Home Automation System Market Size and Volume Forecast by Type
13.7.1. Wireless Communication Technologies
13.7.2. Network Technologies
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 Home Automation System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Home Automation System Market: Market Share Analysis
14.2. Home Automation System Distributors and Customers
14.3. Home Automation System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honeywell
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Legrand
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Schneider Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Johnson Controls
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siemens
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ingersoll-Rand
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ABB
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Control4
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Crestron Electronics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Leviton Manufacturing Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lutron
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Samsung Electronics
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
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