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Key Trends Shaping the Future Home Automation And Controls Market From 2025-2034: Home Automation Leaders Enhance Competitive Position With Advanced Products

02-06-2025 07:30 AM CET | IT, New Media & Software

Press release from: The Business Research Company

Home Automation And Controls Market Size

Home Automation And Controls Market Size

What Is the Estimated Market Size and Growth Rate for the Home Automation And Controls Market?
The home automation and controls market will grow from $78.6 billion in 2024 to $88.9 billion in 2025, with a CAGR of 13.1%. Growth drivers include the rise of IoT technology, increased awareness of energy conservation, growing consumer demand for convenience, the expansion of smart home ecosystems, and heightened concerns about home security.

The Home Automation and Controls market is expected to grow to $144.61 billion by 2029, at a CAGR of 12.9%. Growth is driven by voice-activated assistants, aging populations, smart cities, and consumer awareness. Trends include AI integration, advanced security features, and the integration of solar panels.

What Are the Forces Behind the Rapid Growth of the Home Automation And Controls Market?
The growing number of residential buildings is expected to fuel the expansion of the home automation and controls market in the coming years. A residential building is a structure designed to house individual living units where people live or spend a significant amount of time. The rise in residential buildings is driven by the increasing demand for housing in urban areas, higher population growth, strong economic performance, and rising incomes. Home automation systems offer intelligent control over various aspects of security, comfort, and well-being within a home or residential structure. These systems also enable remote monitoring and management of vacation homes, rental properties, or second residences. For example, in June 2023, the Central Statistics Office, an Ireland-based government agency, reported a 7.1% growth in residential building volume in Q1 2023 compared to Q4 2022. As a result, the growth in residential buildings is driving the development of the home automation and controls market.

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Who Are the Dominant Companies Influencing Home Automation And Controls Market Trends?
Major companies operating in the home automation and controls market report are Siemens AG; Honeywell International Inc.; Johnson Controls International PLC; Koninklijke Philips N.V.; Legrand Group; ADT Inc.; Logitech Harmony; Ecovacs Robotics Co. Ltd.; Crestron Electronics Inc.; Nice S.p.A.; Sonos Inc.; Leviton Manufacturing Co. Inc.; iRobot Corporation; Lutron Electronics Inc.; AMX LLC; Control4 Corporation; ecobee Inc.; Netatmo SAS; Wink Labs Inc.; 2GIG Technologies Inc.; August Home; Aeotec Group GmbH

How Is the Home Automation And Controls Market Evolving?
In the home automation and controls market, companies are developing innovative automated products to gain a competitive edge. Home-automated products include devices that enhance convenience, security, and efficiency through remote control and monitoring. For instance, in June 2022, Hogar Controls, a US-based smart home company, launched the Elite Series of home automation products in India. This new lineup features advanced touch panels, controllers, digital door locks, and smart curtain motors, designed to provide greater convenience and security in Indian homes.

What Are the Different Segmentations in the Home Automation And Controls Market?
The home automation and controls market covered in this report is segmented -

1) By Type: Home Automation System, Mainstream Home Automation System, Managed Home Automation System
2) By Technology: Wired Home Automation Systems, Wireless Home Automation Systems, Powerline Home Automation Systems, Computing Network Home Automation Systems
3) By Application: Lighting, Heating, Ventilation And Air Conditioning (HVAC), Entertainment, Safety And Security, Other Applications

Subsegments:
1) By Home Automation System: Centralized Control Systems, Distributed Control Systems, Standalone Control Systems
2) By Mainstream Home Automation System: Smart Lighting, Smart Thermostats, Smart Security Systems, Smart Appliances, Smart Entertainment Systems
3) By Managed Home Automation System: Cloud-Based Managed Systems, Managed Security And Surveillance, Managed Energy Management Solutions

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Which Region Is at the Forefront of the Home Automation And Controls Market?
North America was the largest region in the home automation and controls market in 2024. It is expected to be the fastest-growing region in the forecast period. The regions covered in the home automation and controls market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Home Automation And Controls Global Market Report?

- Market Size Analysis: Analyze the Home Automation And Controls Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Home Automation And Controls Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Home Automation And Controls Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Home Automation And Controls Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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