Home Automation And Controls Industry Outlook 2025-2029: Market Set to Cross $137.98 Billion Milestone

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How Large Will the Home Automation And Controls Market Size By 2025?
In recent times, there has been a swift growth in the size of the home automation and controls market. This market, which was valued at $78.6 billion in 2024, is estimated to escalate to $88.2 billion in 2025 with a compound annual growth rate (CAGR) of 12.2%. The growth witnessed during the historic period is due to factors such as an upswing in IoT technology, an increase in awareness about energy conservation, heightened consumer demand for convenience, the emergence of smart home ecosystems, and mounting concerns for home security.

How Big Is the Home Automation And Controls Market Size Expected to Grow by 2029?
Accelerated expansion is anticipated in the home automation and controls market in the forthcoming years, with the market projected to reach a value of $137.98 billion in 2029, registering a compound annual growth rate (CAGR) of 11.8%. This predicted upsurge during the forecast period can be credited to the increasing preference for voice-activated smart aids, the rise in old populace with an inclination for independent lifestyle, the widespread reach of high-speed internet, swift urbanization coupled with smart city schemes, and a heightened consumer consciousness. Future trends in the forecast span are expected to be dominated by enhanced AI and machine learning integration, high-end security features, smart home solutions tailor-made for the elderly, incorporation of solar panels, and the impending launch of 5G technology.

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Which Key Market Drivers Powering Home Automation And Controls Market Expansion and Growth?
The surge in residential building counts is projected to drive the growth of the home automation and controls market. A residential building is defined as a structure that contains individual living spaces where people inhabit or spend substantial time. The rise in residential structures is linked to an increase in housing demand within cities, growing population numbers, robust economic growth, and escalating income levels. Home automation pertains to smart control over security, comfort, and wellbeing elements within a home or a residential structure. These systems additionally allow for distant monitoring and managing of holiday homes, rental assets, or second residences. For example, in June 2023, as per the Central Statistics Office, a governmental agency based in Ireland, the residential building sector witnessed a volume growth of 7.1% in Q1 2023 when contrasted with Q4 2022. Consequently, the surge in residential building counts is steering the growth of the home automation and controls market.

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What Trends Will Shape the Home Automation And Controls Market Through 2029 and Beyond?
Prominent firms in the home automation and controls sector are securing their competitive standing through the innovation of home automation products. Home automation products include a variety of devices and systems conceived to augment comfort, effectiveness, and home security using automated control and remote surveillance. Take for example, Hogar Controls, an American smart home and building automation establishment, unveiled its latest lineup, the Elite Series of home automation merchandise, in the Indian market in June 2022. This novel range includes ultramodern smart touch panels, pioneering global-class controllers, digital door lock mechanisms, and intelligent curtain motors. This market enhancement delivers a promise of redefining home automation by providing consumers throughout India with convenience, security, and elegance.

What Are the Emerging Segments 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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Who Are the Global Leaders in the Home Automation And Controls Market?
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

Which are the Top Profitable Regional Markets for the Home Automation And Controls Industry?
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.

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