The increasing need for energy conservation is driving the global smart homes market the most. The global smart homes market is expected to grow from $5,325 million in 2010 to $11,000 million in 2015, at an estimated CAGR of 15.6% from 2010 to 2015. The security application accounted for almost 26.5% of the total smart homes market in 2008 and is expected to grow at a CAGR of 13.4% from 2010 to 2015. The market for energy management is expected to grow at the fastest rate with a CAGR of 23.7% from 2010 to 2015.

The North American smart homes market is the largest till date owing to the high adoption rate of the smart homes technology. North America is followed by European smart homes market which is expected to reach $3,267 Million by 2015. Developing nations across the Asia Pacific region are expected to grow at the fastest rate in the next five years.

Scope of the report

This research report categorizes the global market for smart homeson the basis of applications and geography; forecasting revenues and analyzing trends in each of the following submarkets:

On the basis of applications:

Security, Lighting controllers, HVAC, energy management, entertainment, home health, and others

On the basis of geography:

Americas, EMEA (Europe, Middle East and Africa), Asia-Pacific

Each section will provide market data, market drivers, trends and opportunities, top-selling products, key players, and competitive outlook. This report will also provide market tables for covering the sub-segments and micro-markets. In addition, the report also provides more than 20 company profiles covering all the sub-segments.

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Key questions answered

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TABLE OF CONTENTS 
  
EXECUTIVE SUMMARY 
 
1 INTRODUCTION
  1.1 KEY TAKE-AWAYS
  1.2 REPORT DESCRIPTION
  1.3 MARKETS COVERED
  1.4 STAKEHOLDERS
  1.5 RESEARCH METHODOLOGY
 
2 SUMMARY
 
3 MARKET OVERVIEW
  3.1 EVOLUTION OF SMART HOMES
  3.2 TARGET GROUP FOR SMART HOMES
  3.3 NEWLY BUILT VERSUS RETROFIT SMART HOMES
  3.4 APPLICATIONS OF SMART HOMES
  3.5 MARKET DYNAMICS
      3.5.1 DRIVERS
            3.5.1.1 Energy conservation
            3.5.1.2 Increased investments
            3.5.1.3 Increase in ageing population
      3.5.2 RESTRAINTS
            3.5.2.1 Lack of standardization of smart homes systems
            3.5.2.2 High initial & reconstruction cost
            3.5.2.3 Unreliable technology
      3.5.3 OPPORTUNITIES
            3.5.3.1 Assistance of power-line communication
            3.5.3.2 Introduction to smart grids
  3.6 BURNING ISSUES
      3.6.1 LACK OF SUPPORT FROM THE ISP (INTERNET SERVICE PROVIDERS)
  3.7 MARKET SHARE ANALYSIS
  3.8 PATENT ANALYSIS
 
4 APPLICATIONS MARKET
  4.1 SECURITY
      4.1.1 DRIVERS
            4.1.1.1 Increased need for security especially for senior citizens
            4.1.1.2 Discounts offered on the purchase of home security systems
            4.1.1.3 Easy to set-up wireless network technology
      4.1.2 RESTRAINTS
            4.1.2.1 Lack of end-user awareness
            4.1.2.2 Privacy issues
      4.1.3 SECURITY FEATURES
            4.1.3.1 Video cameras
            4.1.3.2 Motion detectors
            4.1.3.3 Vehicle detection
            4.1.3.4 Access control
            4.1.3.5 Security alarms
            4.1.3.6 Video door phones
  4.2 LIGHTING CONTROLLERS
      4.2.1 DRIVERS
            4.2.1.1 Minimizes energy wastage
      4.2.2 RESTRAINTS
            4.2.2.1 Lag between technology innovation and consumer adoption
            4.2.2.2 Inability of the small manufacturers in catering to different markets
      4.2.3 OPPORTUNITY
            4.2.3.1 Change in perception
            4.2.3.2 Mood lighting
      4.2.4 LIGHTING FEATURES
  4.3 HVAC
      4.3.1 DRIVERS
            4.3.1.1 Flexibility
      4.3.2 RESTRAINTS
            4.3.2.1 Intense competition
            4.3.2.2 Low demand in developed nations
      4.3.3 OPPORTUNITIES
            4.3.3.1 EC mandate to reduce GHG to provide stimulus to the market
            4.3.3.2 Easy finance
  4.4 ENERGY MANAGEMENT
      4.4.1 DRIVERS
            4.4.1.1 Government initiatives
      4.4.2 RESTRAINTS
      4.4.2.1 Technological illiteracy
      4.4.3 OPPORTUNITIES
            4.4.3.1 Real time pricing of energy
            4.4.3.2 Add on services
            4.4.3.3 Virtual power plant
  4.5 ENTERTAINMENT
      4.5.1 DRIVERS
            4.5.1.1 Changing lifestyle
            4.5.1.2 Innovative products
      4.5.2 RESTRAINTS
            4.5.2.1 Technology is still in the development phase
            4.5.2.2 Reluctant support from ISPs
      4.5.3 OPPORTUNITIES
      4.5.3.1 New applications
  4.6 HOME HEALTH
      4.6.1 DRIVERS
            4.6.1.1 Changing family structure
            4.6.1.2 Easy availability of physicians for consultation
      4.6.2 RESTRAINTS
            4.6.2.1 Privacy violation
      4.6.3 OPPORTUNITIES
            4.6.3.1 Providing end-to-end solutions
  4.7 OTHERS
 
5 TECHNOLOGY MARKET
  5.1 SOFTWARE
      5.1.1 EMBEDDED AUTOMATION
      5.1.2 LINUX HOME AUTOMATION
  5.2 HARDWARE
      5.2.1 360 DEGREE CAMERA
      5.2.2 CISCO VIDEO SURVEILLANCE 2500 SERIES IP CAMERA
      5.2.3 HOME SERVERS
      5.2.4 LED LIGHTS
  5.3 NETWORKING TECHNOLOGIES
      5.3.1 ZIGBEE
      5.3.2 Z-WAVE
      5.3.3 KNX
      5.3.4 INSTEON
      5.3.5 X10
      5.3.6 LON WORKS
      5.3.7 C-BUS
      5.3.8 WI-FI
      5.3.9 EEBUS
      5.3.10 OTHER TECHNOLOGIES
 
6 GEOGRAPHIC ANALYSIS
  6.1 NORTH AMERICA
  6.2 EUROPE
  6.3 ASIA PACIFIC
  6.4 ROW
 
7 COMPETITIVE LANDSCAPE
  7.1 MERGERS & ACQUISITIONS
  7.2 NEW PRODUCT DEVELOPMENTS
  7.3 AGREEMENTS & COLLABORATIONS
 
8 COMPANY PROFILES
  8.1 4HOME INC.
      8.1.1 OVERVIEW
      8.1.2 PRIMARY BUSINESS
      8.1.3 STRATEGY
      8.1.4 DEVELOPMENTS
  8.2 ABB LTD.
      8.2.1 OVERVIEW
      8.2.2 PRIMARY BUSINESS
      8.2.3 FINANCIAL REVIEW
      8.2.4 STRATEGY
      8.2.5 DEVELOPMENTS
  8.3 AMX
      8.3.1 OVERVIEW
      8.3.2 PRIMARY BUSINESS
      8.3.3 FINANCIAL REVIEW
      8.3.4 STRATEGY
      8.3.5 DEVELOPMENTS
  8.4 ARMOUR HOME ELECTRONICS
      8.4.1 OVERVIEW
      8.4.2 PRIMARY BUSINESS
      8.4.3 FINANCIAL REVIEW
      8.4.4 STRATEGY
      8.4.5 DEVELOPMENTS
  8.5 CISCO SYSTEMS INC.
      8.5.1 OVERVIEW
      8.5.2 PRIMARY BUSINESS
      8.5.3 FINANCIAL OVERVIEW
      8.5.4 STRATEGY
      8.5.5 DEVELOPMENTS
  8.6 COMPUTIME GROUPE LTD.
      8.6.1 OVERVIEW
      8.6.2 PRIMARY BUSINESS
      8.6.3 FINANCIAL REVIEW
      8.6.4 STRATEGY
      8.6.5 DEVELOPMENTS
  8.7 CONTROL4
      8.7.1 OVERVIEW
      8.7.2 PRIMARY BUSINESS
      8.7.3 FINANCIAL REVIEW
      8.7.4 STRATEGY
      8.7.5 DEVELOPMENTS
  8.8 CORTEXA AUTOMATION
      8.8.1 OVERVIEW
      8.8.2 PRIMARY BUSINESS
      8.8.3 STRATEGY
      8.8.4 DEVELOPMENTS
  8.9 CRESTRON ELECTRONIC INC.
      8.9.1 OVERVIEW
      8.9.2 PRIMARY BUSINESS
      8.9.3 FINANCIAL REVIEW
      8.9.4 STRATEGY
      8.9.5 DEVELOPMENTS
  8.10 CYTECH EUROPE LTD.
      8.10.1 OVERVIEW
      8.10.2 PRIMARY BUSINESS
      8.10.3 STRATEGY
      8.10.4 DEVELOPMENTS
  8.11 DOMIA LIFESTYLE
      8.11.1 OVERVIEW
      8.11.2 PRIMARY BUSINESS
      8.11.3 STRATEGY
      8.11.4 DEVELOPMENTS
  8.12 FUTRONIX
      8.12.1 OVERVIEW
      8.12.2 PRIMARY BUSINESS
      8.12.3 FINANCIAL REVIEW
      8.12.4 DEVELOPMENTS
  8.13 HOME AUTOMATION EUROPE
      8.13.1 OVERVIEW
      8.13.2 PRIMARY BUSINESS
      8.13.3 STRATEGY
      8.13.4 DEVELOPMENTS
  8.14 HOME AUTOMATION INC.
      8.14.1 OVERVIEW
      8.14.2 PRIMARY BUSINESS
      8.14.3 STRATEGY
      8.14.4 DEVELOPMENTS
  8.15 HONEYWELL INTERNATIONAL INC.
      8.15.1 OVERVIEW
      8.15.2 PRIMARY BUSINESS
      8.15.3 FINANCIAL REVIEW
      8.15.4 STRATEGY
      8.15.5 DEVELOPMENTS
  8.16 INGERSOLL RAND SOLUTIONS
      8.16.1 OVERVIEW
      8.16.2 PRIMARY BUSINESS
      8.16.3 FINANCIAL REVIEW
      8.16.4 STRATEGY
      8.16.5 DEVELOPMENTS
  8.17 LEGRAND S.A.
      8.17.1 OVERVIEW
      8.17.2 PRIMARY BUSINESS
      8.17.3 FINANCIAL REVIEW
      8.17.4 STRATEGY
      8.17.5 DEVELOPMENTS
  8.18 LEVITON
      8.18.1 OVERVIEW
      8.18.2 PRIMARY BUSINESS
      8.18.3 FINANCIAL REVIEW
      8.18.4 STRATEGY
      8.18.5 DEVELOPMENTS
  8.19 LUTRON ELECTRONICS INC.
      8.19.1 OVERVIEW
      8.19.2 PRIMARY BUSINESS
      8.19.3 FINANCIAL REVIEW
      8.19.4 STRATEGY
      8.19.5 DEVELOPMENTS
  8.20 NETGEAR INC.
      8.20.1 OVERVIEW
      8.20.2 PRIMARY BUSINESS
      8.20.3 FINANCIAL REVIEW
      8.20.4 STRATEGY
      8.20.5 DEVELOPMENTS
  8.21 SCHNEIDER ELECTRIC
      8.21.1 OVERVIEW
      8.21.2 PRIMARY BUSINESS
      8.21.3 FINANCIAL REVIEW
      8.21.4 STRATEGY
      8.21.5 DEVELOPMENTS
  8.22 SIEMENS AG
      8.22.1 OVERVIEW
      8.22.2 PRIMARY BUSINESS
      8.22.3 FINANCIAL REVIEW
      8.22.4 STRATEGY
      8.22.5 DEVELOPMENTS
  8.23 TELETASK
      8.23.1 OVERVIEW
      8.23.2 PRIMARY BUSINESS
      8.23.3 FINANCIAL REVIEW
      8.23.4 STRATEGY
      8.23.5 DEVELOPMENTS
  8.24 UTC FIRE & SECURITY
      8.24.1 OVERVIEW
      8.24.2 PRIMARY BUSINESS
      8.24.3 FINANCIAL REVIEW
      8.24.4 STRATEGY
      8.24.5 DEVELOPMENTS
  8.25 VISONIC
      8.25.1 OVERVIEW
      8.25.2 PRIMARY BUSINESS
      8.25.3 FINANCIAL REVIEW
      8.25.4 STRATEGY
      8.25.5 DEVELOPMENTS
  8.26 VITY TECHNOLOGY
      8.26.1 OVERVIEW
      8.26.2 PRIMARY BUSINESS
      8.26.3 STRATEGY
      8.26.4 DEVELOPMENTS
  8.27 OTHERS
      8.27.1 ELECTRICAL PROJECT CO. LTD.
      8.27.2 ENHANCE AUDIO VISUAL CO.
      8.27.3 EZHOMZ
      8.27.4 WHOME PTY. LTD.

APPENDIX 
  U.S. PATENTS
  EUROPE PATENTS
  JAPAN PATENTS

LIST OF TABLES

1 SMART HOMES MARKET REVENUES, BY GEOGRAPHY 2008 – 2015 ($MILLION)
2 GLOBAL SMART HOMES MARKET REVENUES, BY TYPES 2008 – 2015 ($MILLION)
3 INVESTMENTS BY GOVERNMENTS (2007 – 2010)
4 INVESTMENTS BY COMPANIES (2011)
5 PREFERENCE OF APPLICATIONS IN A SMART HOME DEPENDING UPON THE AGE GROUP
6 GLOBAL SMART HOMES MARKET REVENUE, BY APPLICATIONS 2008 – 2015 ($MILLION)
7 MARKET REVENUES FOR SECURITY USED IN SMART HOMES MARKET, BY GEOGRAPHY 2008 – 2015 ($MILLION)
8 GLOBAL MARKET FOR SECURITY USED IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
9 MARKET REVENUES FOR LIGHTING USED IN SMART HOMES, BY GEOGRAPHY 2008 – 2015 ($MILLION)
10 GLOBAL MARKET REVENUESFOR LIGHTING USED IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
11 COMPARISON OF THE ENERGY CONSUMTION IN SMART HOME & GENERAL HOME
12 SHIPMENTS FOR LIGHTING COMPONENTS USED IN SMART HOMES (MILLION)
13 MARKET REVENUES FOR HVAC IN SMART HOMES, BY GEOGRAPHY 2008 – 2015 ($MILLION)
14 MARKET REVENUES FOR ENERGY MANAGEMENT IN SMART HOMES, BY GEOGRAPHY 2008 – 2015 ($MILLION)
15 GLOBAL MARKET REVENUES FOR ENERGY MANAGEMENT IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
16 MARKET REVENUES FOR ENTERTAINMENT IN SMART HOMES, BY GEOGRAPHY 2008 – 2015 ($MILLION)
17 GLOBAL MARKET REVENUES FOR ENTERTAINMENT IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
18 MARKET REVENUES FOR HOME HEALTH IN SMART HOMES, BY GEOGRAPHY 2008 – 2015 ($MILLION)
19 MARKET REVENUES FOR OTHER APPLICATIONS IN SMART HOMES, BY GEOGRAPHY 2008 – 2015 ($MILLION)
20 APPLICATIONS OF ZIGBEE IN SMART HOMES
21 MERITS & DEMERITS OF ZIGBEE
22 NORTH AMERICA: SMART HOMES MARKET REVENUES, BY TYPES 2008 – 2015 ($MILLION)
23 NORTH AMERICA: SMART HOMES MARKET REVENUES, BY COUNTRY 2008 – 2015 ($MILLION)
24 NORTH AMERICA: MARKET REVENUES FOR SECURITY IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
25 NORTH AMERICA: MARKET REVENUES FOR LIGHTING IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
26 NORTH AMERICA: MARKET REVENUES FOR ENERGY MANAGEMENT IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
27 NORTH AMERICA: MARKET REVENUES FOR ENTERTAINMENT IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
28 EUROPE: SMART HOMES MARKET REVENUES, BY TYPES 2008 – 2015 ($MILLION)
29 EUROPE: SMART HOMES MARKET REVENUES, BY REGION 2008 – 2015 ($MILLION)
30 EUROPE: MARKET REVENUES FOR SECURITY IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
31 EUROPE: MARKET REVENUES FOR LIGHTING IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
32 EUROPE: MARKET REVENUES FOR ENERGY MANAGEMENT IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
33 EUROPE: MARKET REVENUES FOR ENTERTAINMENT IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
34 ASIA PACIFIC: SMART HOMES MARKET REVENUES, BY TYPES 2008 – 2015 ($MILLION)
35 ASIA PACIFIC: SMART HOMES MARKET REVENUES, BY REGION 2008 – 2015 ($MILLION)
36 ASIA PACIFIC: MARKET REVENUES FOR SECURITY IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
37 ASIA PACIFIC: MARKET REVENUES FOR LIGHTING IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
38 ASIA PACIFIC: MARKET REVENUES FOR ENERGY MANAGEMENT IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
39 ASIA PACIFIC: MARKET REVENUES FOR ENTERTAINMENT IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
40 ROW: SMART HOMES MARKET REVENUES, BY TYPES 2008 – 2015 ($MILLION)
41 ROW: MARKET REVENUES FOR SECURITY IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
42 ROW: MARKET REVENUES FOR LIGHTING IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
43 ROW: MARKET REVENUES FOR ENERGY MANAGEMENT IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
44 ROW: MARKET REVENUES FOR ENTERTAINMENT IN SMART HOMES, BY COMPONENTS 2008 – 2015 ($MILLION)
45 MERGERS & ACQUISITIONS (2008 – 2011)
46 NEW PRODUCT DEVELOPMENTS (2008 – 2011)
47 AGREEMENTS, COLLABORATIONS, PARTNERSHIPS, & JOINT VENTURES (2008 – 2011)
  
LIST OF FIGURES 
  
1 EVOLUTION OF SMART HOMES MARKET
2 SMART HOME PRIORITIES OF TARGET GROUPS
3 ANALYSIS OF SMART HOMES MARKET, BY APPLICATIONS
4 INCREASING GLOBAL AGEING POPULATION
5 IMPACT ANALYSIS OF DRIVERS
6 IMPACT ANALYSIS OF RESTRAINTS
7 MARKET SHARE ANALYSIS FOR GLOBAL SMART HOMES MARKET (2010)
8 PATENTS REGISTERED UNDER DIFFERENT REGIONS (2004 – 2010)
9 TRANSITION IN THE MARKET SHARE OF DIFFERENT APPLICATIONS OF SMART HOMES
10 SHIPMENTS FOR VIDEO CAMERAS USED IN SMART HOMES FOR SECURITY
11 SHIPMENTS FOR ACCESS CONTROL SYSTEMS USED IN SMART HOMES FOR SECURITY
12 SHIPMENTS FOR SECURITY ALARMS USED IN SMART HOMES FOR SECURITY
13 ELECTRICITY CONSUMTION PATTERN
14 GROWTH OF CONSUMER DURABLES MARKET
15 NUMBER OF PHYSICIANS PER 100,000
16 MARKET DYNAMICS FOR Z-WAVE TECHNOLOGY
17 KNX COMMUNICATION MEDIA
18 TRANSITION IN THE GEOGRAPHIC DISTRIBUTION OF SMART HOMES MARKET
19 NORTH AMERICAN SMART HOMES MARKET
20 EUROPE: SMART HOMES MARKET
21 ASIA PACIFIC: SMART HOMES MARKET
22 ROW: SMART HOMES MARKET
23 STRATEGIES DEPLOYED BY PLAYERS OF SMART HOMES MARKET (2008 – APRIL 2011)
24 REVENUES IN $MILLION (2007 – 2010)
25 REVENUES FOR THE YEAR 2010, BY GEOGRAPHY
26 REVENUE IN $BILLION (2007 – 2010)
27 REVENUES IN 2010, BY SEGMENTS ($BILLION)
28 REVENUES IN $BILLION (2008 – 2010)
29 NET SALES IN $BILLION (2007 – 2010)
30 2010 REVENUES, BY SEGMENTS

Global Smart Home Market (2010-2015) Expected To Grow To $11,000 Million In 2015

The increasing need for energy conservation is driving the global smart homes market the most. The global smart homes market is expected to grow from $5,325 million in 2010 to $11,000 million in 2015, at an estimated CAGR of 15.6% from 2010 to 2015. The security application accounted for almost 26.5% of the total smart homes market in 2008 and is expected to grow at a CAGR of 13.4% from 2010 to 2015. The market for energy management is expected to grow at the fastest rate with a CAGR of 23.7% from 2010 to 2015.

Smart homes are an emerging industry within the housing market with builders increasingly opting for them to remain competitive in the market. Smart homes offer great potential for significant improvements in the living standards of individuals; benefits include enhanced safety and security features, centralized control of home, remote access, and convenience. They also act as an alternative for the elderly who want to live independently and with greater safety.

Amongst all applications market, the market for security commands the largest share and is expected to reach $2,497 Million by 2015, while energy management is expected to grow at the fastest rate from 2010 to 2015.

The North American smart homes market is the largest till date owing to the high adoption rate of the smart homes technology. North America is followed by European smart homes market which is expected to reach $3,267 Million by 2015. Developing nations across the Asia Pacific region are expected to grow at the fastest rate in the next five years.

Ingersoll Rand Solutions (Ireland), Schneider Electric (France), Seimens Building Technology Division (Germany), UTC Fire and Security (U.S.), Home Automation Inc. (U.S.), AMX (U.S.), and Legrand (France) are a few of the major players in the smart homes market.