HOME Top Market Reports Home Automation and Control Market by Lighting Control (Occupancy Sensors, Relays, Transmitters), Security & Access Control (Video Surveillance, Biometric), HVAC Control (Heating & Cooling Coils, Pumps & Fans, Sensors), and Geography - Global Forecast to 2020

Home Automation and Control Market by Lighting Control (Occupancy Sensors, Relays, Transmitters), Security & Access Control (Video Surveillance, Biometric), HVAC Control (Heating & Cooling Coils, Pumps & Fans, Sensors), and Geography - Global Forecast to 2020

By: marketsandmarkets.com
Publishing Date: January 2015
Report Code: SE 3065

 

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The global home automation and control market was worth $5.77 billion in 2013 and is expected to reach $12.81 billion by 2020; this market is projected to grow at an estimated CAGR of 11.36% between 2014 and 2020. The stringent regulations being imposed by various governments for the conservation of energy have played a substantial role in the growth of the home automation market, especially, in the European region. The Asian region is expected to grow at a relatively higher rate due to the presence of developing countries such as China and India. Initialized with wired technologies, the home automation and control market has entered the era of wireless technologies. With the recent technological developments and subsequent advancements in wireless technologies along with, the introduction of tablets; the price of home automation systems has fallen. Various types of communication protocols and wireless technologies have been discussed in this report; such as Zigbee, Z-Wave, EnOcean, and Bluetooth, among others. Linear ballasts, central power systems/inverter systems, and battery packs constitute the other controls segment.

The market for home automation and security control is segmented into lighting control, security control & access control, HVAC control, entertainment control, and others. The lighting controls regulate and save power through devices such as dimming systems and sensors. Among all the products, HVAC controls is the most mature market segment followed by the security and access controls market; due to increasing concerns related to safety and security. Home automation has dominated the overall automation and controls market, due to the early adoption of control products in this segment. This report provides market estimates for Americas, Europe, APAC, and Rest of the World (RoW). It also profiles the major companies involved in the field of home automation and control such as Siemens AG (Germany), Schneider Electric SA (France), Honeywell International, Inc. (U.S.), United Technologies Corporation (U.S.), Johnson Controls, Inc. (U.S.), ABB ltd. (Switzerland), and Crestron Electronics Inc. (U.S.).

KEY TAKE-AWAY

  • Analysis of the home automation and control market with high-growth sub-segments such as lighting control, security & access control, HVAC control, entertainment control & others. Impact analysis of market dynamics that describe the factors currently driving and restraining growth of the market; along with their impact in the near, medium and long term
  • Investment strategies based on the market growth forecasts & key growth strategies for companies in the automation and control market, detailed through analysis of the competitive landscape
  • Porterís Five Forces framework has been applied and explained in detail along with, the value chain analysis for the home automation and control market
  • Illustrative segmentation, analysis, and forecast of the major geographical markets has been done to give an overall view of the home automation and control market
  • The competitive landscape has been detailed, by identifying the key players along with, an in-depth market share analysis with individual revenue and market shares

Table Of Contents 
 
1 Introduction (Page No. - 15)
  1.1 Objectives of the Study
  1.2 Market Definition
  1.3 Study Scope
      1.3.1 Markets Covered
      1.3.2 Geographic Scope
      1.3.3 Years Considered For the Study
  1.4 Currency
  1.5 Stakeholders

2 Research Methodology (Page No. - 20)
  2.1 Research Data
      2.1.1 Secondary Data
            2.1.1.1 Key Data from Secondary Sources
      2.1.2 Primary Data
            2.1.2.1 Key Data from Primary Sources
            2.1.2.2 Key Industry Insights
            2.1.2.3 Breakdown of Primaries
  2.2 Factor Analysis
      2.2.1 Demand Side Analysis
      2.2.2 Supply Side Analysis
  2.3 Market Size Estimation
      2.3.1 Bottom up Approach
      2.3.2 Top Down Approach
  2.4 Market Breakdown and Data Trangulation
  2.5 Research Assumptions and Limitations
      2.5.1 Assumptions

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 33)
  4.1 Attractive Market Opportunities in Home Automation & Control
  4.2 Home Automation and Control Market Ė Product Types
  4.3 Home Automation and Control Market in Asia-Pacific
  4.4 China, South Korea, and Japan Are Expected To Lead the Home Automation Market
  4.5 Home Automation and Control Market: Product Type (2020)
  4.6 Home Automation and Control Market: Developed Vs. Developing Nations
  4.7 Life Cycle Analysis, By Geography

5 Market Overview (Page No. - 39)
  5.1 Introduction
  5.2 Market Segmentation
  5.3 Evolution
  5.4 Market Dynamics
      5.4.1 Drivers
            5.4.1.1 Increasing Desire of the Consumer For Convenience, And Connectivity Safety & Security
            5.4.1.2 Demand for Energy Efficient and Green Product Solutions
            5.4.1.3 Innovations in Communication, Sensor, Analytic, And Touch Screen Technologies
      5.4.2 Restraints
            5.4.2.1 High Initial Investment and Implementation & Maintenance Cost
            5.4.2.2 Dependency on Real Estate Industry Cycle
      5.4.3 Opportunities
            5.4.3.1 Strong Initiatives from Government to Promote Green Building & Green Cities
            5.4.3.2 The Powerline Communication Technology Is Expected To Be the Future in Home Automation and Power Systems
      5.4.4 Challenges
            5.4.4.1 Linking Disparate Systems, Limited Functionality, And Lack of Open Standards
  5.5 Burning Issue
      5.5.1 Limited Exposure to Technologies And Lack Of Expertise
  5.6 Winning Imperative
      5.6.1 Proliferation of Wireless Technologies Stokes Demand of Home Automation And Control Solutions

6 Industry Trends (Page No. - 51)
  6.1 Introduction
  6.2 Value Chain Analysis
  6.3 Supply Chain Analysis
  6.4 Industry Trends
  6.5 Porterís Five Forces Model
      6.5.1 Threats from New Entrants
      6.5.2 Threats from Substitutes
      6.5.3 Bargaining Power of Suppliers
      6.5.4 Bargaining Power of Buyers
      6.5.5 Degree of Competition
  6.6 Industry Lifecycle

7 Market Analysis, Protocols & Technologies (Page No. - 62)
  7.1 Introduction
      7.1.1 Market Dynamics
            7.1.1.1 Drivers
            7.1.1.2 Restraints
            7.1.1.3 Market Trend
  7.2 Network Technologies
      7.2.1 GSM/HSPA Networks
      7.2.2 CDMA Networks
      7.2.3 LTE Networks
  7.3 Protocols & Standards
      7.3.1 Digital Addressable Lighting Interface (DALI)
      7.3.2 National Electrical Manufactures Association (NEMA)
      7.3.3 KNX
      7.3.4 DMX (Digital Multiplexer)
      7.3.5 Lonworks
      7.3.6 Ethernet
      7.3.7 Modbus
      7.3.8 Builidng Automation &Control Network (BACNET)
      7.3.9 Blackbox
      7.3.10 Power Line Communication (PLC)
  7.4 Wireless Communication Technologies
      7.4.1 Zigbee
      7.4.2 Z-Wave
      7.4.3 Wi-Fi
      7.4.4 Bluetooth
      7.4.5 Enocean

8 Market Analysis, By Product (Page No. - 73)
  8.1 Introduction
  8.2 Lighting Control
      8.2.1 Relays
      8.2.2 Occupancy Sensors
      8.2.3 Daylight Sensors
      8.2.4 Timers
      8.2.5 Dimming Actuators
      8.2.6 Switch Actuators
      8.2.7 Blind/Shutter Actuators
      8.2.8 Transmitters
      8.2.9 Receivers
  8.3 Security & Access Control
      8.3.1 Video Surveillance
            8.3.1.1 Hardware
                    8.3.1.1.1 Security Cameras
                    8.3.1.1.2 Storage
                    8.3.1.1.3 Monitors
                    8.3.1.1.4 Accessories
            8.3.1.2 Software/Video Analytics
            8.3.1.3 Services
      8.3.2 Biometric & Access Control
            8.3.2.1 Access Control Systems
            8.3.2.2 Door Contacts
            8.3.2.3 Motion Sensors
            8.3.2.4 Touch Screen & Keypads
  8.4 HVAC Control
      8.4.1 Smart Thermostats
      8.4.2 Sensors
      8.4.3 Control Valves
      8.4.4 Heating & Cooling Coils
      8.4.5 Dampers
      8.4.6 Actuators
      8.4.7 Pumps & Fans
      8.4.8 Smart Vents
  8.5 Entertainment Control & Others
      8.5.1 Entertainment Control
            8.5.1.1 Audio and Volume Control
            8.5.1.2 Multi-Media Room Controls
            8.5.1.3 Home Theatre System Control
            8.5.1.4 Touch Screens & Keypads
      8.5.2 Others
            8.5.2.1 Smart Meters
            8.5.2.2 Smart Plugs
            8.5.2.3 Smart Hubs
            8.5.2.4 Smart Locks
            8.5.2.5 Smoke Detectors

9 Geographic Analysis (Page No. - 115)
  9.1 Introduction
  9.2 North America
  9.3 Europe
  9.4 Asia-Pacific
  9.5 Rest Of World

10 Competitive Landscape (Page No. - 129)
   10.1 Overview
   10.2 Market Share Analysis: Home Automation and Control Market
   10.3 Competitive Scenario
   10.4 Recent Developments
   10.5 New Product Launches
   10.6 Agreements, Partnerships & Joint Ventures
   10.7 Mergers & Acquisitions

11 Company Profile (Page No. - 137)
   11.1 Introduction
   11.2 ABB Ltd.
        11.2.1 Business Overview
        11.2.2 Products and Services
        11.2.3 Key Strategy
        11.2.4 Developments
        11.2.5 MNM View
               11.2.5.1 SWOT Analysis
   11.3 Crestron Electronics Inc.
        11.3.1 Business Overview
        11.3.2 Products
        11.3.3 Key Strategy
        11.3.4 Developments
        11.3.5 MNM View
   11.4 Cytech Technology Pte. Ltd
        11.4.1 Business Overview
        11.4.2 Products & Services
        11.4.3 Key Strategy
        11.4.4 Developments
        11.4.5 MNM View
   11.5 Honeywell International
        11.5.1 Business Overview
        11.5.2 Products & Services
        11.5.3 Key Strategy
        11.5.4 Developments
        11.5.5 MNM View
               11.5.5.1 SWOT Analysis
   11.6 Ingersoll-Rand Plc.
        11.6.1 Business Overview
        11.6.2 Products and Services
        11.6.3 Key Strategy
        11.6.4 Developments
        11.6.5 MNM View
   11.7 Johnson Controls Inc.
        11.7.1 Business Overview
        11.7.2 Products & Services
        11.7.3 Key Strategy
        11.7.4 Developments
        11.7.5 MNM View
               11.7.5.1 SWOT Analysis
   11.8 Legrand S.A.
        11.8.1 Business Overview
        11.8.2 Products and Services
        11.8.3 Key Strategy
        11.8.4 Developments
        11.8.5 MNM View
   11.9 Schneider Electric SA
        11.9.1 Business Overview
        11.9.2 Products & Services
        11.9.3 Key Strategy
        11.9.4 Developments
        11.9.5 MNM View
               11.9.5.1 SWOT Analysis
   11.10 Siemens AG
         11.10.1 Business Overview
         11.10.2 Products & Services
         11.10.3 Key Strategy
         11.10.4 Developments
         11.10.5 MNM View
                 11.10.5.1 SWOT Analysis
   11.11 United Technologies Corporation
         11.11.1 Business Overview
         11.11.2 Products & Services
         11.11.3 Key Strategy
         11.11.4 Developments
         11.11.5 MNM View

12 Appendix (Page No. - 178)
   12.1 Insights of Industry Experts
   12.2 Discussion Guide
   12.3 Introducing RT: Real Time Market Intelligence
   12.4 Available Customizations
   12.5 Related Reports
 
 
List Of Tables (95 Tables) 
 
Table 1 Driver Analysis
Table 2 Restraint Analysis
Table 3 Home Automation & Control Installation Cost
Table 4 Average Energy Savings Potential from Lighting Controls
Table 5 Opportunity Analysis
Table 6 Challenge Analysis
Table 7 Some of the Prominent Companies In The Home Automation & Control Market
Table 8 Home Automation and Control Market Size, By Product Segment, 2013-2020 ($Billion) 75
Table 9 Lighting Control Market Size, By Product Segment, 2013-2020 (Million Units) 78
Table 10 Lighting Control Market Size, By Product Segment, 2013-2020 ($Million) 78
Table 11 Lighting Control Market Size, By Geography, 2013-2020 (Million Units)
Table 12 Lighting Control Market Size, By Geography, 2013-2020 ($Million)
Table 13 Relay Market Size, By Geography, 2013-2020 (Million Units)
Table 14 Relay Market Size, By Geography, 2013-2020 ($Million)
Table 15 Occupancy Sensors Market Size, By Geography, 2013-2020 (Million Units) 82
Table 16 Occupancy Sensors Market Size, By Geography, 2013-2020 ($Million)
Table 17 Daylight Sensors Market Size, By Geography, 2013-2020 (Million Units)
Table 18 Daylight Sensors Market Size, By Geography, 2013-2020 ($Million)
Table 19 Timers Market Size, By Geography, 2013-2020 (Million Units)
Table 20 Timers Market Size, By Geography, 2013-2020 ($Million)
Table 21 Dimming Actuators Market Size, By Geography, 2013-2020 (Million Units) 85
Table 22 Dimming Actuators Market Size, By Geography, 2013-2020 ($Million)
Table 23 Switch Actuators Market Size, By Geography, 2013-2020 (Million Units)
Table 24 Switch Actuators Market Size, By Geography, 2013-2020 ($Million)
Table 25 Blind/Shutter Actuators Market Size, By Geography, 2013-2020 (Million Units) 87
Table 26 Blind/Shutter Actuators Market Size, By Geography, 2013-2020 ($Million) 87
Table 27 Transmitters Market Size, By Geography, 2013-2020 (Million Units)
Table 28 Transmitters Market Size, By Geography, 2013-2020 ($Million)
Table 29 Receivers Market Size, By Geography, 2013-2020 (Million Units)
Table 30 Receivers Market Size, By Geography, 2013-2020 ($Million)
Table 31 Security & Access Control Market Size, By Type, 2013-2020 ($Million)
Table 32 Security & Access Control Market Size, By Geography,-2020 ($Million) 91
Table 33 Video Surveillance Market Size, By Type, 2013-2020 ($Million)
Table 34 Video Surveillance Market Size, By Geography, 2013-2020 ($Million)
Table 35 Video Surveillance Hardware Market Size, By Type, 2013-2020 ($Million)
Table 36 Video Surveillance Hardware Market Size, By Geography, 2013-2020 ($Million) 93
Table 37 Security Cameras Market Size, By Geography, 2013-2020 ($Million)
Table 38 Storage Market Size, By Geography, 2013-2020 ($Million)
Table 39 Monitors Market Size, By Geography, 2013-2020 ($Million)
Table 40 Accessories Market Size, By Geography, 2013-2020 ($Million)
Table 41 Biometric & Access Control Market Size, By Type, 2013-2020 ($Million)
Table 42 Biometric & Access Control Market Size, By Geography,2013-2020 ($Million) 97
Table 43 Access Control Systems Market Size, By Geography, 2013-2020 ($Million) 98
Table 44 Door Contacts Market Size, By Geography, 2013-2020 ($Million)
Table 45 Motion Sensors Market Size, By Geography, 2013-2020 ($Million)
Table 46 Touch Screen & Keypads Market Size, By Geography,2013-2020 ($Million) 99
Table 47 HVAC Control Market Size, By Product Segment, 2013-2020 ($Million)
Table 48 HVAC Control Market Size, By Geography, 2013-2020 ($Million)
Table 49 Smart Thermostats Market Size, By Geography, 2013-2020 ($Million)
Table 50 Sensors Market Size, By Geography, 2013-2020 ($Million)
Table 51 Control Valves Size, By Geography, 2013-2020 ($Million)
Table 52 Heating & Cooling Coils Market Size, By Geography, 2013-2020 ($Million) 104
Table 53 Dampers Market Size, By Geography, 2013-2020 ($Million)
Table 54 Actuators Market Size, By Geography, 2013-2020 ($Million)
Table 55 Pumps & Fans Market Size, By Geography, 2013-2020 ($Million)
Table 56 Smart Vents Market Size, By Geography, 2013-2020 ($Million)
Table 57 Entertainment Control & Others Market Size, By Type,2013-2020 ($Million) 107
Table 58 Entertainment Control & Others Market Size, By Geography,2013-2020 ($Million) 107
Table 59 Entertainment Control Market Size, By Type, 2013-2020 ($Million)
Table 60 Entertainment Control Market Size, By Geography,2013-2020 ($Million)
Table 61 Audio & Volume Control Market Size, By Geography,2013-2020 ($Million) 109
Table 62 Mutli-Media Room Controls Market Size, By Geography,2013-2020 ($Million) 109
Table 63 Home Theater System Control Market Size, By Geography,2013-2020 ($Million) 110
Table 64 Touch Screens & Keypads Market Size, By Geography,2013-2020 ($Million) 110
Table 65 Other Segment Market Size, By Type, 2013-2020 ($Million)
Table 66 Other Segment Market Size, By Geography,2013-2020 ($Million)
Table 67 Smart Meters Market Size, By Geography, 2013-2020 ($Million)
Table 68 Smart Plugs Market Size, By Geography,2013-2020 ($Million)
Table 69 Smart Hubs Market Size, By Geography, 2013-2020 ($Million)
Table 70 Smart Locks Market Size, By Geography, 2013-2020 ($Million)
Table 71 Smoke Detectors Market Size, By Geography, 2013-2020 ($Million)
Table 72 Home Automation & Control Market Size, By Geography,2013-2020 ($Billion) 117
Table 73 North America: Home Automation & Controls Market Size, By Product Segment, 2013-2020 ($Million) 119
Table 74 North America: Lighting Control Segment Size, By Country,2013-2020 ($Million) 119
Table 75 North America: Security & Access Control Segment Size, By Country,2013-2020 ($Million) 120
Table 76 North America: HVAC Control Segment Size, By Country,2013-2020 ($Million) 120
Table 77 North America: Entertainment Control & Others Segment Size, By Country, 2013-2020 ($Million) 120
Table 78 Europe: Home Automation & Control Market Size, By Product Segment, 2013-2020 ($Million)
Table 79 Europe: Lighting Control Segment, By Country, 2013-2020 ($Million)
Table 80 Europe: Security & Access Control Segment, By Country,2013-2020 ($Million) 122
Table 81 Europe: HVAC Control Segment, By Country, 2013-2020 ($Million)
Table 82 Europe: Entertainment Control & Others Segment, By Country,2013-2020 ($Million) 123
Table 83 Asia-Pacific: Home Automation & Controls Market Size, By Product Segment, 2013-2020 ($Million) 125
Table 84 Asia-Pacific: Lighting Control Segment, By Country,2013-2020 ($Million) 125
Table 85 Asia-Pacific: Security & Access Control Segment, By Country,2013-2020 ($Million) 126
Table 86 Asia-Pacific: HVAC Control Segment, By Country, 2013-2020 ($Million)
Table 87 Asia-Pacific: Entertainment Control & Others Segment, By Country,2013-2020 ($Million) 126
Table 88 Rest Of The World: Home Automation & Controls Market Size, By Product Segment, 2013-2020 ($Million) 127
Table 89 Rest Of The World: Lighting Control Segment, By Country,2013-2020 ($Million) 127
Table 90 Rest Of The World: Security & Access Control Segment, By Country,2013-2020 ($Million) 128
Table 91 Rest Of The World: HVAC Control Segment, By Country,2013-2020 ($Million) 128
Table 92 Rest Of The World: Entertainment Control & Others Segment, By Country, 2013-2020 ($Million) 128
Table 93 New Product Launches, 2011-2014
Table 94 Agreements, Partnerships & Joint Ventures, 2011-2014
Table 95 Mergers & Acquisitions, 2011-2014
 
 
List Of Figures (71 Figures)  
 
Figure 1 Markets Covered
Figure 2 Research Design
Figure 3 Estimated Size Of Real Estate Industry (Us $Trillion)
Figure 4 Price Of Home Automation & Control Systems Is Expected To Reduce Due To The High Growth Of Wireless Technologies.
Figure 5 Bottom-Up Approach
Figure 6 Top-Down Approach
Figure 7 Assumptions Of The Research Study
Figure 8 History Of Home Automation
Figure 9 Market Snapshot (2013 Vs 2020): HVAC Control Is Expected To Continue To Dominate The Home Automation Market During The Forecast Period
Figure 10 HVAC Control Segment In Home Automation And Control Market: Pumps & Fans Are Expected To Dominate The HVAC Segment In 2013
Figure 11 Global Home Automation And Control Market Share, 2013
Figure 12 Home Automation To Play A Vital Role In Developing Countries Due To Increase In Construction
Figure 13 Lighting Controls Are Expected To Grow At the Highest CAGR among All Products In The Home Automation Market
Figure 14 HVAC Control Segment for Home Automation Accounted For the Largest Share In The Asia-Pacific Region
Figure 15 The U.S. Accounted For The Largest Share In The Home Automation And Control Market
Figure 16 North America Is Expected To Dominate the Home Automation Market For All Products From 2014 To 2020
Figure 17 South Korea Is Expected To Grow At A Faster CAGR Than The Developed Countries In The Home Automation Market
Figure 18 APAC Market Is In the Growth Phase, Whereas North America Is Expected To Move toward Maturity in The Coming Years 2014 To 2020
Figure 19 Home Automation And Control Market Segmentation
Figure 20 Evolution Of The Home Automation And Control Market
Figure 21 Drivers, Restraints, Opportunities, and Challenges For The Home Automation And Control Market
Figure 22 Value Chain Analysis
Figure 23 Supply Chain Of Major Players In The Home Automation & Control Market
Figure 24 Key Industry Trends in The Home Automation & Control Market
Figure 25 Porterís Five Forces Analysis
Figure 26 Porterís Five Forces Analysis for Home Automation & Control
Figure 27 Threats from New Entrants
Figure 28 Threats from Substitutes
Figure 29 Bargaining Power of Suppliers
Figure 30 Bargaining Power of Buyers
Figure 31 Degree of Competition
Figure 32 Home Automation & Controls Market: Industry Life Cycle
Figure 33 Different Protocols & Technologies
Figure 34 Protocols & Technologies Market Dynamics
Figure 35 A Simple GSM/HSPA Network Set-Up
Figure 36 Protocols & Standards
Figure 37 Wiring For Dali Fluorescent Dimming
Figure 38 Lonworks Network Set Up
Figure 39 Wireless Communication Technologies
Figure 40 Home Automation & Control Market, By Product Segment
Figure 41 Lighting Control Is Expected To Witness a Rapid Growth in The Home Automation & Control Market, By Product Segment
Figure 42 Different Types of Lighting Control Products
Figure 43 Occupancy Sensor Is Dominating the Lighting Control Market
Figure 44 Video Surveillance Is Driving the Security & Access Control Market
Figure 45 APAC Video Surveillance Market Is Expected To Grow At a High CAGR (%) During The Forecast Period
Figure 46 HVAC Control Products & Components
Figure 47 Smart Thermostats Market Is Expected To Grow At the Highest CAGR during the Forecast Period
Figure 48 Geographic Snapshot On The Basis Of The CAGR (2014-2020)
Figure 49 Geographic Benchmarking Of Different Home Automation Products (2014-2020)
Figure 50 North America Market Snapshot, 2013
Figure 51 APAC Market Snapshot 2013
Figure 52 Companies Adopted Acquisitions and Product Innovation As The Key Growth Strategies In 2011, 2012, And 2013
Figure 53 ABB Ltd. Grew At the Fastest CAGR Between 2011 And 2013
Figure 54 Global Home Automation And Control Market Share, By Key Player, 2013
Figure 55 Market Evolution Framework: New Product Developments Have Fueled the Growth And Innovation In 2011, 2012, And 2013
Figure 56 Battle for Market Share: New Product Launches Was the Key Strategy Adopted By The Companies To Expand Their Business
Figure 57 Geographic Revenue Mix of the Top 5 Market Players
Figure 58 Market Position of Key Players: Schneider Electric Sa Has Emerged As The Winner
Figure 59 ABB Ltd.: Company Snapshot
Figure 60 ABB Ltd.: SWOT Analysis
Figure 61 Honeywell International: Company Snapshot
Figure 62 Honeywell International: SWOT Analysis
Figure 63 Ingersoll-Rand PLC.: Company Snapshot
Figure 64 Johnson Controls Inc.: Company Snapshot
Figure 65 Johnson Controls, Inc.: SWOT Analysis
Figure 66 Legrand S.A.: Company Snapshot
Figure 67 Schneider Electric SA: Company Snapshot
Figure 68 Schneider Electric SA: SWOT Analysis
Figure 69 Siemens AG: Company Snapshot
Figure 70 Siemens AG: SWOT Analysis
Figure 71 United Technologies Corporation: Company Snapshot

The global home automation and security control market was worth $5.77 billion in 2013 and is expected to reach $ 12.81 billion by 2020; this market is projected to grow at CAGR of 11.36 % between 2014 and 2020. The demand for energy efficient solutions coupled with the rising concerns for enhanced security has spurred the market for home automation & security control. This market, which initially started with wired technologies, has now entered the era of wireless technologies with the emergence of technologies such as ZigBee, Z-Wave, EnOcean, and others. The entertainment segment which held a major market share in the early stage is now surpassed by safety and security segment, which is expected to continue to be the largest market, during the forecast period. Moreover, with the economic slowdown globally, affecting the consumer spending on luxury things, the scope for growth of cost saving applications such as HVAC and energy management has improved, leading such segments to show healthy signs of growth.

Global Home Automation and Control Market, 2014-2020 ($Billion)

Home Automation and Control Systems Market

Source: MarketsandMarkets Analysis

Currently, the market is in the high growth stage of the industry life cycle, and is expected to remain in this phase till 2020. In this report, the home automation and security control market has been segmented into lighting control, security & access control, HVAC control, entertainment control, and others. It also covers the overall as well as product-wise market dynamics of the entire home automation and security control market, which includes drivers, restraints, and opportunities along with, their impact in the current as well as future scenario. The various geographical regions covered in this report include North America, Europe, Asia-Pacific, and Rest of the world (Row).Geographically, North America is expected to remain the largest market for home automation & security systems, with U.S. emerging as the single largest market, during the forecast period.

Asia-Pacific is expected to emerge as a leader in future, due to the presence of growing economies such as China and India, in the region. The major companies profiled in this report are the leading players in the home automation & security control market. They include Siemens AG (Germany), Schneider Electric (France), Honeywell International, Inc. (U.S.), Legrand S.A (France), United Technologies Corporation (U.S.), Johnson Controls (U.S.), ABB ltd. (Switzerland), and Crestron Electronics Inc., (U.S.).

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