Press release
Global Home Automation Market is Estimated to Reach CAGR of 11.5% by 2023 | Top Key Players – Honeywell International Inc., E I Dupont De Nemours and Co., 3M Co., Kimberly-Clark Corporation, Ansell Limited, MSA Safety Inc.
Global Home Automation market accounted for USD 37,983.8 million in 2017 and is estimated to reach USD 78,481.5 million in 2023, registering a compound annual growth rate (CAGR) of 11.5% between 2018 and 2023.
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Growth Drivers & Barriers
Factors such as increasing awareness about IoT home devices and its benefits are expected to impel the growth of the global home automation market. Further, development of advanced and energy efficient home automated products is also poised to impel the growth of the market during the forecast period.
In developed countries, home automation systems are widely adopted as they are seen as a part of lifestyle. This factor is envisioned to bolster the growth of global home automation market. Furthermore, high adoption rate of advanced technologies in these nations will aid to the growth of the market. Addition to that, stringent government regulations and increasing electricity prices is encouraging the customers to adopt home automation products.
Regional Outlook:
In the terms of geography, the home automation market is analyzed into North America, Latin America, Asia Pacific, Europe and Middle East & Africa. Among these regions, North America and Europe is slated to account for highest percentage of market share in overall home automation market during the forecast period. Also, Asia Pacific home automation is expected to showcase highest growth rate in global home automation market during the forecast period.
Segmentation
The research offers a comprehensive analysis of home automation market with respect to following sub-markets:
By Product
- Lighting Control
- - Relays
- - Occupancy Sensors
- - Daylight Sensors
- - Dimmers
- - Switches
- - Others
- Security and Access Control
- - Video Surveillance
- - - - Hardware
- - - - Software
- - - - Services
- - Access Control
- - - - Biometric Access Control
- - - - Non-Biometric Access Control
- HVAC Control
- Entertainment Control
- Others
By Technology
- Wired
- - - Power Line Communication (PLC)
- - - Ethernet
- - - Fiber Optics
- Wireless
- - - ZigBee
- - - Wi-Fi
- - - Bluetooth
- - - Others
By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Landscape
The report profiles various major market players such as
- Honeywell International Inc.
- ABB Ltd.
- Johnson Controls, Inc.
- Crestron Electronics, Inc.
- United Technologies Corporation
- Schneider Electric SE
- Siemens AG
- Lutron Electronics Co., Inc
- Ingersoll-Rand plc
- Google Inc.
- Amazon Inc.
- Others Major and Niche Players
Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.
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Table of Contents@
1. Executive Summary
2. Methodology
2.1. Research Methodology
2.2. Geographic Scope
2.3. Years Considered
3. Market Overview
3.1. Overview and Definition
3.1.1. Market Definition
3.1.2. Geographic Regions Definition
3.1.3. Home Automation Definition
3.2. Industry Development
3.3. Porter’s Five Force Analysis
3.4. Industry Value Chain Analysis
4. Growth Drivers & Barriers in Global Home Automation Market
5. Trends in Global Home Automation Market
6. Global Home Automation Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7. Global Home Automation Market Segmentation Analysis, By Product
7.1. Introduction
7.2. BPS Analysis by Product
7.3. Market Attractiveness by Product
7.4. Lighting Control Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.1. Relays Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.2. Occupancy Sensors Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.3. Daylight Sensors Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.4. Dimmers Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.5. Switches Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.4.6. Others Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.5. Security and Access Control Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.5.1. Video Surveillance Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.5.1.1. Hardware Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.5.1.2. Software Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.5.1.3. Services Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.5.2. Access Control Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.5.2.1. Biometric Access Control Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.5.2.2. Non-Biometric Access Control Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.6. HVAC Control Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.7. Entertainment Control Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
7.8. Others Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8. Global Home Automation Market Segmentation Analysis, By Technology
8.1. Introduction
8.2. BPS Analysis by Technology
8.3. Market Attractiveness by Technology
8.4. Wired Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8.4.1. Power Line Communication (PLC) Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8.4.2. Ethernet Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8.4.3. Fiber Optics Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8.5. Wireless Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8.5.1. ZigBee Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8.5.2. Wi-Fi Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8.5.3. Bluetooth Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
8.5.4. Others Market Value (USD Million), Forecast & Y-o-Y Growth Analysis, 2017-2023
Continue…
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