Home Automation System Market with COVID-19 Impact Analysis, By Management, Product (Lighting Control, Security & Access Control, HVAC Control, Entertainment & Other Controls), Software & Algorithm, and Region - Global Forecast to 2025
[233 Pages Report] According to MarketsandMarkets, the home automation system market is projected to grow from USD 40.8 billion in 2020 to USD 63.2 billion by 2025; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 9.1% from 2020 to 2025.
Various types of home automation system are being deployed worldwide, from luxury home automation systems to DIY home automation systems. They not only provide convenience to homeowners, but also assist with home security and energy savings. The objective of the report is to define, describe, and forecast the home automation system market based on management, product, software and algorithm, and region.
To know about the assumptions considered for the study, Request for Free Sample Report
Impact of COVID-19 on current home automation system market size and forecast
The emergence of the COVID-19 pandemic, a deadly respiratory disease that originated in China, is now become a worldwide issue and has also affected the home automation market. Most home automation system manufacturers have been affected by this crisis, which is expected to be a medium-term impact. For instance, Resideo (US), a leading provider of home automation solutions, announced a consolidated revenue for Q2 2020, which declined by 17% as compared to the revenue in 2019 during the same period.
The COVID-19 pandemic will have a varying impact on different types of home automation systems. Market players have witnessed a reduction in home automation installations. As the installation and programming of home automation systems require professional on-site workers, buyers are reluctant to install these systems to minimize outside contact during this time. As a result, some players have recorded a decline in sales, while DIY home automation companies have been affected to a lesser extent.
Home Automation System Dynamics
Driver: Lower insurance costs for homeowners investing in home security systems and increasing services offered by telecommunication companies
Telecommunication companies, which already have a large residential customer base with the existing internet and cable subscriptions, have also entered the home security business. With the help of such subscription services offered by telecommunication companies, home automation manufacturers can precisely target opportunities with changing demographics and technological advancements. Also, insurance companies are offering attractive discounts to house owners having inbuilt access control and security systems in their residential complex. These discounts help consumers to save on house insurance premiums and cover the cost of adopting home security systems for residential applications. According to SafeWise (US), an independent review organization for testing and reviewing home security systems, installing safety monitoring and security devices in homes can reduce a homeowner’s insurance by up to 20%.
Restraint: Lack of pre-installed home automation systems and provision in pre-built homes
Buyers are willing to invest in home automation, but they want some of the systems to be pre-installed before they buy their homes. Users can easily install home automation systems such as smart lighting and audio controls, but making provision for HVAC controls and security controls often results in high investments. Hence, buyers who are willing to invest in home automation technology would prefer their homes to be move-in ready, i.e., buyers would be more likely to purchase a home if some smart home automation technology was already installed or at least some provisions such as wiring and communications are made for the installation of home automation systems. According to a survey of almost 22,000 US home buyers by John Burns Real Estate Company (US) in 2016, homebuyers rank smart technology as a high priority when searching for a home. This is because having provisions (wiring and connectivity) for such technology allows the buyer to make adjustments as per their preferences. Hence, a lack of pre-installed home automation systems is expected to restrain the growth of the home automation system market.
Opportunity: Rapid urbanization in developing countries
According to a 2018 United Nations report, close to 90% of the increase in population by 2050 will take place in Asia and Africa. In addition, 600 large cities across the world, primarily from Central Asia and Africa, are likely to witness growing urbanization and industrialization by 2025. Emerging nations are also witnessing rapid urbanization with the development of smart cities. In emerging nations, the concentration of housing development in cities has resulted in the growing demand for improved housing infrastructure. This would ultimately lead to the deployment of home automation systems in newly constructed, modern housing projects. Thus, housing infrastructure development would boost the demand for smart HVAC controls, smart lighting, and smart locks, particularly in technologically advancing countries such as India, China, and Brazil.
Challenge: Growing security concerns with home automation devices
With the growing number of IoT-based home automation systems, cybersecurity is becoming an increasing concern for buyers. This has serious implications for buyers investing in home security systems. The severity of a security breach increases for critical homes automation devices such as smart locks and smart cameras. Home automation can be subject to a security breach either due to security loopholes in the product itself or due to an unsecured wireless connection connecting the home automation devices. Many of these vulnerabilities have been fixed by their respective manufacturers, but this highlights the rise in security vulnerabilities with the increasing number of home automation devices being introduced in the market.
To know about the assumptions considered for the study, download the pdf brochure
On-premises management system is estimated to hold the larger share of the home automation system market in 2020
On-premises management systems consist of a central hub that controls all the home automation systems in the home. It allows the user to control lights, thermostat, HVAC, audio and video streaming devices, and other home appliances from a single source. This management system is also widely used with home automation security systems. On-premises management was the only system available for home automation for many years. They are ideal for connecting to a large number of smart devices from a single source. New homes generally have preinstalled on-premises management systems.
Entertainment and other controls products are estimated to hold the largest share of the home automation system market in 2020
The major controls used to control and regulate the entertainment systems in home automation are audio, volume, and multimedia room controls. Other controls include smart meters, smart plugs, smart hubs, smart locks, smart window blinds, and smoke detectors. Automated home audio and volume controllers are used to control the audio and video played in the house or to customize what is playing in each room individually. There are numerous commercial systems that can be purchased in the market, or the user can also get a system custom-built or homemade. The emergence of voice-controlled speakers such as Google Home and Amazon Echo has greatly expanded the market for entertainment controls. Other controls include smart meters, smoke detectors, smart plugs, smart window blinds, smart locks, and smart hubs which are commonly found in many homes as they are standalone devices.
Proactive software and algorithm in the home automation system market is projected to grow at the highest CAGR from 2020 to 2025
Proactive type of software and algorithm not only transfers the energy consumption data to the end users but also gives a better sense of responsibility to the users as to what action should be taken on the information received. Proactive solutions are more beneficial as they not only send recommendation signals to end users but are also capable of making intelligent decisions and actions on behalf of the user. Proactive type of software and algorithm market segment is expected to grow at a faster rate as many of the home automation devices are being upgraded with the proactive type of software and algorithm.
The home automation system market in APAC is projected to grow at the highest CAGR from 2020 to 2025.
The high growth in APAC can be attributed to the high economic growth and surge in real estate and home construction witnessed by countries in this region. The region houses a large proportion of the population in the world, where a growing number of homeowners are having sufficient disposable incomes owing to the improvements in economic conditions in this region. Home automation systems are being deployed to achieve energy savings, which directly results in decreased electricity bills. Countries such as China and India have aggressively started developing smart cities, which is expected to increase the penetration of home automation systems.
The COVID-19 pandemic is expected to affect North America the most, while the market in APAC is expected to be the least impacted. The North American real estate market witnessed a sharp decline in the first and second quarters of 2020, resulting in fewer home purchases despite the fall in house prices. Real estate prices are expected to drop to 10% during the pandemic due to reduced real estate bookings. As a result, many existing and potential home automation buyers in North America are deferring their purchases during the pandemic to avoid excess spending. On the other hand, strong government support and energy-saving initiatives in the APAC have helped reduce the impact of COVID-19 on the region.
Get online access to the report on the World's First Market Intelligence Cloud
- Easy to Download Historical Data & Forecast Numbers
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
Request Sample Scope of the Report
:
Get online access to the report on the World's First Market Intelligence Cloud
- Easy to Download Historical Data & Forecast Numbers
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
|
Report Metric |
Details |
|
Market size available for years |
2017—2025 |
|
Base year |
2019 |
|
Forecast period |
2020—2025 |
|
Units |
Value (USD Million/Thousand) |
|
Segments covered |
Management. Product, Software and Algorithm, and Geography |
|
Geographic regions covered |
North America, Europe, APAC, and RoW |
|
Companies covered |
Resideo (US), Legrand (France), Schneider Electric (France), Johnson Controls (Ireland), Siemens (Germany), Ingersoll Rand (US), ABB (Switzerland), Leviton Manufacturing Company (US), Control4 (US), Crestron Electronics (US), Acuity Brands (US), Lutron (US), Remote Technologies Incorporated (US), Elan (US), ADT (US), AMX (US), Develco Products (Denmark), Vantage Controls (US), Savant Systems (US), SmartThings (US), Google Nest (US), Vera (US), Canary (US), Deako (US), Smartzone (Ireland), Sentinel Electronics (Australia), and Wink (US) |
This report categorizes the home automation system market based on management, product, software and algorithm, and geography.
Home Automation System Market, by Management:
- On-premises
- Cloud-based
Home Automation System Market, by Product:
- Lighting Control
- Security and Access Control
- HVAC Control
- Entertainment and Other Controls
- Impact of COVID-19 on home automation products
Home Automation System Market, by Software and Algorithm:
- Behavioral
- Proactive
Home Automation System Market, by Region:
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- Australia
- Rest of APAC
- RoW
- Middle East & Africa
- South America
- Impact of COVID-19 on the home automation system market in various regions
Protocols and Technologies used in Home Automation Systems:
- Network Technologies
- Protocols and Standards
- Wireless Communication Technologies
Types of Home Automation Systems:
- Luxury Home Automation Systems
- Mainstream Home Automation Systems
- Managed Home Automation Systems
- DIY (do it yourself) Home Automation Systems
Key Market Players
Major vendors in the home automation system market include Resideo (US), Legrand (France), Schneider Electric (France), Johnson Controls (Ireland), Siemens (Germany), Ingersoll Rand (US), ABB (Switzerland), Leviton Manufacturing Company (US), Control4 (US), Crestron Electronics (US). Apart from these, SmartThings (US) and Canary (US) are among a few emerging companies in the home autoation system market.
Recent Developments
- In October2020, Resideo (US) announced the availability of the Honeywell Home ProSeries Security and Smart Home Platform. From an entry-level security system to a fully integrated smart home solution, the ProSeries Platform offers dealers that serve residential and small businesses a complete, end-to-end solution and expands Resideo's overall portfolio of connected security solutions and services.
- In February 2020, Legrand acquired Focal Point (US), a provider for architectural lighting for non-residential buildings. This acquisition will strengthen Legrand’s leading position in the US for lighting control solutions for both residential & commercial product offerings.
- In December 2019, Crestron launched the wireless Horizo EX keypads and dimmers. The new line of wall-box controllers provides an advanced custom control solution as part of a complete Crestron smart home.
Frequently Asked Questions (FAQ):
What will be the dynamics for the adoption of home automation systems based on type?
Mainstream home automation systems are expected to be the most widely used systems. They are affordable for most homeowners and often come pre-installed in residential homes and complexes. However, DIY home automation systems are growing at a rapid pace due to their lower cost.
How hardware, software, and services contribute to the overall market growth by 2025?
Home automation hardware is expected to have the largest share for most products. Security cameras, keypads, and AV streaming devices are some of the most expensive home automation devices. However, development of proactive software and managed software is expected to provide higher growth for software and services for home automation products
How will technological developments such as AI and cloud computing change the home automation system landscape in the future?
With the rise of AI assistance such as Amazon Alexa and Google Assistant, users control their home automation systems using smartphones. Voice recognition and language processing technologies are becoming increasingly important in helping consumers control their smart homes through voice commands. Cloud computing being utilized by many DIY home automation systems as they not only provide remote access, but can take intelligent decision on behalf of the user..
Which region is expected to adopt home automation systems at a fast rate?
APAC is expected to adopt home automation systems at the fastest rate. China is expected to have a high potential for the future growth of the market.
What are the key market dynamics influencing market growth? How will they turn into strengths or weaknesses of companies operating in the market space?
Growing home ownership among millenials is one of the primary drivers for deployment of home automation systems. Increasing homeowner requirements for energy savings, security and convenience is also expected to drive the market. .
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 24)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 YEARS CONSIDERED
1.4 CURRENCY AND PRICING
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 29)
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primaries
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.3 MARKET PROJECTIONS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS
2.4.1 ASSUMPTIONS
2.4.2 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 40)
3.1 REALISTIC SCENARIO
3.2 OPTIMISTIC SCENARIO
3.3 PESSIMISTIC SCENARIO
4 PREMIUM INSIGHTS (Page No. - 47)
4.1 ATTRACTIVE OPPORTUNITIES IN THE HOME AUTOMATION SYSTEM MARKET
4.2 HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT
4.3 HOME AUTOMATION SYSTEM MARKET, BY SOFTWARE & ALGORITHM
4.4 MARKET IN NORTH AMERICA, BY PRODUCT VS. BY COUNTRY
4.5 HOME AUTOMATION SYSTEM MARKET, BY PRODUCT
4.6 HOME AUTOMATION SYSTEM MARKET, BY COUNTRY
5 MARKET OVERVIEW (Page No. - 50)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing homeownership among millennials worldwide
5.2.1.2 Increasing use of home automation systems among the elderly population
5.2.1.3 Lower insurance costs for homeowners investing in home security systems and increasing services offered by telecommunication companies
5.2.2 RESTRAINTS
5.2.2.1 High costs associated with the purchase and deployment of home automation systems
5.2.2.2 Lack of pre-installed home automation systems and provision in pre-built homes
5.2.3 OPPORTUNITIES
5.2.3.1 Rapid urbanization in developing countries
5.2.3.2 Rising significance of IoT technology in home automation
5.2.4 CHALLENGES
5.2.4.1 Compatibility issues with the integration of home automation systems from different manufacturers
5.2.4.2 Growing security concerns with home automation devices
5.2.4.3 Decline in the adoption of home automation shipments due to COVID-19
5.3 TARIFFS AND REGULATIONS
5.3.1 NEGATIVE IMPACT OF TARIFFS ON HOME AUTOMATION PRODUCTS
5.3.2 POSITIVE IMPACT OF TARIFFS ON HOME AUTOMATION PRODUCTS
5.4 REGULATIONS
5.4.1 WI-FI: WI-FI ALLIANCE
5.4.2 Z-WAVE: Z-WAVE ALLIANCE
5.4.3 ZIGBEE: ZIGBEE ALLIANCE
5.4.4 BLUETOOTH LOW ENERGY (BLE): BLUETOOTH SIG
5.4.5 OTHERS
5.4.5.1 X10 by Pico Electronics
5.4.5.2 Insteon by Smartlabs
5.4.5.3 Thread by Thread Group
5.4.5.4 Universal Powerline Bus (UPB) by Powerline Control Systems
5.5 CASE STUDIES
5.5.1 LEGRAND HOME AUTOMATION SYSTEM DEPLOYED AT A HISTORIC FARMHOUSE
5.5.2 SALES LEADER AND AUTHOR AT RESIDENTIAL TECH INSTALLS HOME SECURITY SYSTEM FROM RESIDEO
5.5.3 SMARTER HOME STORY: MICHELE AND ALEX
5.5.4 SMARTER HOME STORY: JONAS AND TINA
5.5.5 LEVITON DEPLOYED NEXT-GENERATION HOME AUTOMATION IN NEW ORLEANS
5.5.6 CRESTRON ELECTRONICS PROVIDED SMART SHADE SOLUTIONS FOR COLORADO HOME
5.5.7 CRESTRON ELECTRONICS PROVIDED A SMART HOME SYSTEM FOR 4K VIDEO DISTRIBUTION
5.5.8 CRESTRON ELECTRONICS UPGRADES NEW JERSEY HOME THROUGH HOME AUTOMATION
5.5.9 LUTRON PROVIDED LIGHTING CONTROL SOLUTIONS TO A LUXURY RESIDENCE IN THE UK
5.5.10 VANTAGE CONTROLS PROVIDED HOME AUTOMATION SOLUTIONS TO HOMES IN THE US
5.6 AVERAGE SELLING PRICE (ASP) OF VARIOUS COMPONENTS OF HOME AUTOMATION SYSTEMS
6 INDUSTRY TRENDS (Page No. - 60)
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
6.3 ECOSYSTEM/MARKET MAP
6.3.1 HOME AUTOMATION OEMS
6.3.2 SUPPLIERS
6.3.3 HOME AUTOMATION INTEGRATORS
6.3.4 DISTRIBUTORS
6.4 TECHNOLOGY TRENDS
6.4.1 DEVICE INTEROPERABILITY AND OPEN PLATFORMS
6.4.2 VOICE-CONTROLLED HOME AUTOMATION SYSTEMS
6.4.3 MULTIFUNCTIONAL SMART SWITCHES AND DISPLAYS
6.4.4 SMART AND ROBUST SECURITY SOLUTIONS
6.5 PATENT ANALYSIS
6.6 PORTER’S FIVE FORCES MODEL
6.7 TRADE DATA
6.7.1 RESIDENTIAL BUILDINGS DATA
7 HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT (Page No. - 70)
7.1 INTRODUCTION
7.2 ON-PREMISES
7.2.1 ON-PREMISES MANAGEMENT SYSTEMS ALLOW USERS TO ACCESS THEIR DEVICES FROM A CENTRALIZED SYSTEM INSIDE THEIR HOMES
7.3 CLOUD-BASED
7.3.1 CLOUD-BASED MANAGEMENT SYSTEMS REQUIRE CONNECTION TO THE COMPANY’S CLOUD SERVER FOR DEVICE CONTROL
8 HOME AUTOMATION SYSTEM MARKET, BY PRODUCT (Page No. - 75)
8.1 INTRODUCTION
8.2 LIGHTING CONTROL
8.2.1 HARDWARE
8.2.1.1 LED drivers & ballasts
8.2.1.1.1 Ballasts control the amount of current from the supply line voltage for proper lamp operation
8.2.1.2 Sensors
8.2.1.2.1 Types of sensors used in lighting controls include occupancy and daylight sensors
8.2.1.3 Switches
8.2.1.3.1 Manual on/off switches
8.2.1.3.1.1 Manual on/off switches are less complex and cost-efficient
8.2.1.3.2 Electronic switches
8.2.1.3.2.1 Electronic switches include wireless switches, sensor-based switches, and others
8.2.1.4 Dimmers
8.2.1.4.1 Wired dimmers
8.2.1.4.1.1 Wired dimmers can be segmented further into DALI, KNX, and DMX based on different standard protocols
8.2.1.4.2 Wireless dimmers
8.2.1.4.2.1 Wireless dimmers are operated remotely without using any wired connection
8.2.1.5 Relay units
8.2.1.5.1 Relay units include relays and smart controllable breakers
8.2.1.6 Gateways
8.2.1.6.1 Gateways act as protocol translators to ensure proper system interoperability
8.2.2 SOFTWARE
8.2.2.1 Local/web-based software
8.2.2.1.1 Web-based lighting control systems have a built-in web server
8.2.2.2 Cloud-based software
8.2.2.2.1 Cloud-based software provides shared processing of resources and data to users on demand
8.2.3 SERVICES
8.2.3.1 Professional services
8.2.3.1.1 Professional services for lighting include auditing, designing, and consulting services
8.2.3.2 Installation & maintenance services
8.2.3.2.1 Installation services include the installation of lighting control systems
8.3 SECURITY AND ACCESS CONTROL
8.3.1 VIDEO SURVEILLANCE
8.3.1.1 Hardware
8.3.1.1.1 Cameras
8.3.1.1.1.1 Cameras capture video footage of places under surveillance and can operate nonstop
8.3.1.1.2 Monitors
8.3.1.1.2.1 Monitors project data obtained by cameras as the output of the surveillance system
8.3.1.1.3 Storage systems
8.3.1.1.3.1 Demand for IP-based surveillance storage systems and technologies has increased significantly with the introduction of IP cameras
8.3.1.1.4 Other accessories
8.3.1.1.4.1 Accessories are used for connecting various devices and enhancing video surveillance capabilities
8.3.1.2 Software/video analytics
8.3.1.2.1 Video analytics solutions automatically monitor cameras and alert users about unusual or suspicious events
8.3.1.3 Services
8.3.1.3.1 Cloud services include video recording, remote viewing, storage, management of alerts, and cybersecurity
8.3.2 ACCESS CONTROL
8.3.2.1 Hardware
8.3.2.1.1 Card-based readers
8.3.2.1.1.1 Magnetic stripes and readers
8.3.2.1.1.1.1 A magnetic stripe card reads the information stored on the magnetic stripe
8.3.2.1.1.2 Proximity cards and readers
8.3.2.1.1.2.1 A proximity card operates on RFID technology at a frequency of 125 kHz
8.3.2.1.1.3 Smartcards and readers
8.3.2.1.1.3.1 Smartcards are classified into two types: contact and contactless smartcards
8.3.2.1.1.4 Contact smartcards
8.3.2.1.1.4.1 Contact smartcards are required to make physical contact with the card reader
8.3.2.1.1.5 Contactless smartcards
8.3.2.1.1.5.1 Contactless smartcards operate without any direct physical contact with card readers
8.3.2.1.2 Biometric readers
8.3.2.1.2.1 Fingerprint recognition
8.3.2.1.2.1.1 There are two categories of fingerprint matching: minutiae-based and pattern-based
8.3.2.1.2.2 Palm recognition
8.3.2.1.2.2.1 Palm print matching techniques are of 3 types: minutiae-, correlation-, and ridge-based
8.3.2.1.2.3 Iris recognition
8.3.2.1.2.3.1 Iris recognition is more detail-oriented and, thereby, provides a high level of security
8.3.2.1.2.4 Facial recognition
8.3.2.1.2.4.1 Facial recognition systems use numeric codes called face prints
8.3.2.1.2.5 Voice recognition
8.3.2.1.2.5.1 Voice recognition identifies and authenticates an individual’s vocal modalities
8.3.2.1.3 Multi-technology readers
8.3.2.1.4 Electronic locks
8.3.2.1.4.1 Electromagnetic locks
8.3.2.1.4.1.1 Electromagnetic locks are simple to install and attack-resistant
8.3.2.1.4.2 Electric strike locks
8.3.2.1.4.2.1 Electric strikes are simple to install and are designed for drop-in replacement of a standard strike
8.3.2.1.4.3 Smart locks
8.3.2.1.4.3.1 Smart locks perform locking and unlocking after receiving instructions from an authorized device
8.3.2.1.5 Controllers
8.3.2.1.5.1 Serial access controllers
8.3.2.1.5.1.1 Serial access controllers are connected through the RS-485 communication interface
8.3.2.1.5.2 IP access controllers
8.3.2.1.5.2.1 An IP access controller identifies users and controls their entry and exit
8.3.2.1.6 Others
8.3.2.2 Software
8.3.2.2.1 Visitor management systems
8.3.2.2.1.1 Visitor management systems help track and control the entry of visitors to restricted areas in homes
8.3.2.2.2 Others
8.3.2.3 Services
8.3.2.3.1 Installation and integration
8.3.2.3.1.1 Installation services include the deployment of door locks, controllers, readers, exit switches, emergency switches, and PCs
8.3.2.3.2 Support and maintenance
8.3.2.3.2.1 Support and maintenance services include periodical upgrading of software and hardware components
8.4 HVAC CONTROL
8.4.1 SMART THERMOSTATS
8.4.1.1 A smart thermostat maintains temperature at a required level
8.4.2 SENSORS
8.4.2.1 Sensors perform logical functions such as making decisions and communicating with other systems
8.4.3 CONTROL VALVES
8.4.3.1 Globe valves, ball valves, two-way valves, three-way valves, and butterfly valves are used in HVAC systems
8.4.4 HEATING AND COOLING COILS
8.4.4.1 HVAC comprises of liquid-to-air and air-to-liquid coil arrangements
8.4.5 DAMPERS
8.4.5.1 Dampers regulate the flow of hot/cold air in the room
8.4.6 ACTUATORS
8.4.6.1 Actuators control the valves and dampers in an HVAC system
8.4.7 PUMPS AND FANS
8.4.7.1 Pumps and exhaust fans in HVAC maintain a comfortable climate in the building
8.4.8 SMART VENTS
8.4.8.1 Smart vents can be programmed to open and close according to the climatic conditions of the room
8.5 ENTERTAINMENT AND OTHER CONTROLS
8.5.1 ENTERTAINMENT CONTROLS
8.5.1.1 Audio, volume, and multimedia controls
8.5.1.1.1 Audio and volume control systems enable playback and music control throughout the home
8.5.1.2 Home theater system controls
8.5.1.2.1 Home theater systems are professionally designed to provide an ultimate movie-viewing experience
8.5.1.3 Touchscreens and keypads
8.5.1.3.1 Touchscreens and keypads control the audio-video distribution at home
8.5.2 OTHER CONTROLS
8.5.2.1 Smart meters
8.5.2.1.1 A smart meter measures the energy consumption and enables communication between the user and utility
8.5.2.2 Smart plugs
8.5.2.2.1 Smart plugs give users the ability to monitor all devices connected to the smart plug
8.5.2.3 Smart hubs
8.5.2.3.1 Smart hubs control the connected gadgets in a home automation system
8.5.2.4 Smart locks
8.5.2.4.1 Smart locks are wireless-enabled and can be based on various wireless technologies
8.5.2.5 Smart window blinds
8.5.2.5.1 Smart window blinds can be opened or closed on command or based on room occupancy
8.5.2.6 Smoke detectors
8.5.2.6.1 Smoke detectors detect smoke and warn occupants about fires
8.6 IMPACT OF COVID-19 ON HOME AUTOMATION PRODUCTS
8.6.1 MOST IMPACTED MARKET
8.6.2 LEAST IMPACTED MARKET
9 HOME AUTOMATION SYSTEM MARKET, BY SOFTWARE AND ALGORITHM (Page No. - 134)
9.1 INTRODUCTION
9.2 BEHAVIORAL
9.2.1 BEHAVIORAL SOFTWARE AND ALGORITHM PROVIDES DIRECT FEEDBACK TO THE END USER
9.3 PROACTIVE
9.3.1 PROACTIVE TYPE OF SOFTWARE AND ALGORITHM CAN ADJUST PARAMETERS BASED ON USER RESPONSE
10 GEOGRAPHIC ANALYSIS OF THE HOME AUTOMATION SYSTEM MARKET (Page No. - 138)
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 US
10.2.1.1 The US held the largest share of the home automation system market globally
10.2.2 CANADA
10.2.2.1 Canada to witness steady growth for HVAC and lighting control systems during the forecast period
10.2.3 MEXICO
10.2.3.1 Limited household incomes restrict the growth of the market in Mexico
10.3 EUROPE
10.3.1 UK
10.3.1.1 High degree of modernization and tech-savvy homeowners driving the home automation system market in the UK
10.3.2 GERMANY
10.3.2.1 High market growth in Germany attributed to the deployment of HVAC and lighting control systems
10.3.3 FRANCE
10.3.3.1 Government initiatives to boost the deployment of home automation systems in France
10.3.4 ITALY
10.3.4.1 Home automation system market in Italy primarily driven by lighting control systems
10.3.5 REST OF EUROPE
10.4 APAC
10.4.1 CHINA
10.4.1.1 Rapid modernization and an increase in residential housing projects to drive the market in China
10.4.2 JAPAN
10.4.2.1 High penetration of LED lighting solutions expected to boost the adoption of automated lighting systems
10.4.3 SOUTH KOREA
10.4.3.1 Increasing developments towards energy conversion and supportive government programs to drive the market in South Korea
10.4.4 AUSTRALIA
10.4.4.1 Australia is expected to register the highest growth worldwide for home automation systems during the forecast period
10.4.5 REST OF APAC
10.5 ROW
10.5.1 MIDDLE EAST & AFRICA
10.5.1.1 Market in Middle East & Africa primarily driven by major Gulf countries in the region
10.5.2 SOUTH AMERICA
10.5.2.1 Lack of housing infrastructure to act as a restraint for home automation products in South American countries
10.6 COVID-19 IMPACT ON THE HOME AUTOMATION SYSTEM MARKET IN VARIOUS REGIONS
10.6.1 MOST IMPACTED REGION
10.6.2 LEAST IMPACTED REGION
11 PROTOCOLS AND TECHNOLOGIES USED IN HOME AUTOMATION SYSTEMS (Page No. - 155)
11.1 INTRODUCTION
11.2 NETWORK TECHNOLOGIES
11.2.1 CDMA NETWORKS
11.2.2 GSM/HSPA NETWORKS
11.2.3 LTE NETWORKS
11.3 PROTOCOLS & STANDARDS
11.3.1 DIGITAL ADDRESSABLE LIGHTING INTERFACE (DALI)
11.3.2 NATIONAL ELECTRICAL MANUFACTURERS ASSOCIATION (NEMA)
11.3.3 KNX
11.3.4 DIGITAL MULTIPLEXER (DMX)
11.3.5 LONWORKS
11.3.6 ETHERNET
11.3.7 MODBUS
11.3.8 BUILDING AUTOMATION AND CONTROL NETWORK (BACNET)
11.3.9 BLACK BOX
11.3.10 POWER LINE COMMUNICATION (PLC)
11.4 WIRELESS COMMUNICATION TECHNOLOGIES
11.4.1 ZIGBEE
11.4.2 Z-WAVE
11.4.3 WI-FI
11.4.4 BLUETOOTH
11.4.5 ENOCEAN
11.4.6 THREAD
12 TYPES OF HOME AUTOMATION SYSTEMS (Page No. - 161)
12.1 INTRODUCTION
12.2 LUXURY HOME AUTOMATION SYSTEMS
12.3 MAINSTREAM HOME AUTOMATION SYSTEMS
12.4 MANAGED HOME AUTOMATION SYSTEMS
12.5 DIY (DO IT YOURSELF) HOME AUTOMATION SYSTEMS
13 COMPETITIVE LANDSCAPE OF HOME AUTOMATION SYSTEM MARKET (Page No. - 163)
13.1 OVERVIEW
13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
13.2.1 PRODUCT PORTFOLIO
13.2.2 REGIONAL FOCUS
13.2.3 MANUFACTURING FOOTPRINT
13.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
13.3 MARKET SHARE ANALYSIS: HOME AUTOMATION SYSTEM MARKET, 2019
13.4 FIVE-YEAR COMPANY REVENUE ANALYSIS
13.5 COMPANY EVALUATION QUADRANT
13.5.1 STARS
13.5.2 EMERGING LEADERS
13.5.3 PERVASIVE PLAYERS
13.5.4 PARTICIPANTS
13.5.5 COMPANY PRODUCT FOOTPRINT
13.6 START-UP/SME EVALUATION MATRIX
13.6.1 PROGRESSIVE COMPANIES
13.6.2 RESPONSIVE COMPANIES
13.6.3 DYNAMIC COMPANIES
13.6.4 STARTING BLOCKS
13.7 COMPETITIVE SITUATIONS AND TRENDS
13.7.1 PRODUCT LAUNCHES
13.7.2 PARTNERSHIPS AND COLLABORATIONS
13.7.3 EXPANSIONS
13.7.4 ACQUISITIONS
13.7.5 AGREEMENTS
14 COMPANY PROFILES (Page No. - 181)
14.1 KEY PLAYERS
14.1.1 RESIDEO TECHNOLOGIES
14.1.1.1 Business overview
14.1.1.2 Products and software offered
14.1.1.3 Recent developments
14.1.1.4 COVID-19-related developments
14.1.1.5 MnM view
14.1.1.5.1 Key strengths/Right to win
14.1.1.5.2 Strategic choices
14.1.1.5.3 Weaknesses and competitive threats
14.1.2 LEGRAND
14.1.2.1 Business overview
14.1.2.2 Products and software offered
14.1.2.3 Recent developments
14.1.2.4 COVID-19-related developments
14.1.2.5 MnM view
14.1.2.5.1 Key strengths/Right to win
14.1.2.5.2 Strategic choices
14.1.2.5.3 Weaknesses and competitive threats
14.1.3 SCHNEIDER ELECTRIC
14.1.3.1 Business overview
14.1.3.2 Products offered
14.1.3.3 Recent developments
14.1.3.4 COVID-19-related developments
14.1.3.5 MnM view
14.1.3.5.1 Key strengths/Right to win
14.1.3.5.2 Strategic choices
14.1.3.5.3 Weaknesses and competitive threats
14.1.4 JOHNSON CONTROLS
14.1.4.1 Business overview
14.1.4.2 Products offered
14.1.4.3 Recent developments
14.1.4.4 COVID-19-related developments
14.1.4.5 MnM view
14.1.4.5.1 Key strengths/Right to win
14.1.4.5.2 Strategic choices made
14.1.4.5.3 Weaknesses and competitive threats
14.1.5 SIEMENS
14.1.5.1 Business overview
14.1.5.2 Products offered
14.1.5.3 Recent developments
14.1.5.4 COVID-19-related developments
14.1.5.5 MnM view
14.1.5.5.1 Key Strengths/Right to win
14.1.5.5.2 Strategic choices
14.1.5.5.3 Weaknesses and competitive threats
14.1.6 INGERSOLL RAND
14.1.6.1 Business overview
14.1.6.2 Products offered
14.1.6.3 Recent developments
14.1.6.4 COVID-19-related developments
14.1.7 ABB
14.1.7.1 Business overview
14.1.7.2 Products offered
14.1.7.3 Recent developments
14.1.7.4 COVID-19-related developments
14.1.8 LEVITON MANUFACTURING COMPANY
14.1.8.1 Business overview
14.1.8.2 Products and software offered
14.1.8.3 Recent developments
14.1.8.4 COVID-19-related developments
14.1.9 CONTROL4
14.1.9.1 Business overview
14.1.9.2 Products offered
14.1.9.3 Recent developments
14.1.9.4 COVID-19-related developments
14.1.10 CRESTRON ELECTRONICS
14.1.10.1 Business overview
14.1.10.2 Products offered
14.1.10.3 Recent developments
14.1.10.4 COVID-19-related developments
14.2 OTHER KEY PLAYERS
14.2.1 ACUITY BRANDS
14.2.2 LUTRON ELECTRONICS
14.2.3 REMOTE TECHNOLOGIES INCORPORATED
14.2.4 ELAN
14.2.5 ADT
14.2.6 AMX
14.2.7 DEVELCO PRODUCTS
14.2.8 VANTAGE CONTROLS
14.2.9 SAVANT SYSTEMS
14.2.10 SMARTTHINGS
15 APPENDIX (Page No. - 227)
15.1 DISCUSSION GUIDE
15.1.1 HOME AUTOMATION SYSTEM MARKET
15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 AVAILABLE CUSTOMIZATIONS
15.4 RELATED REPORTS (HOME AUTOMATION SYSTEM MARKET)
15.5 AUTHOR DETAILS
LIST OF TABLES (121 TABLES)
TABLE 1 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY
TABLE 2 MILLENNIAL HOME OWNERSHIP EXPERIENCED HIGHEST GROWTH DURING 2017-2019
TABLE 3 AVERAGE SELLING PRICES OF VARIOUS COMPONENTS OF HOME AUTOMATION SYSTEMS
TABLE 4 HOME AUTOMATION SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 5 HOUSING UNITS IN THE US, 2017–2025 (MILLION UNITS)
TABLE 6 HOUSING UNITS IN LONDON, 2017–2025 (MILLION UNITS)
TABLE 7 HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT, 2017–2025 (USD BILLION)
TABLE 8 ON-PREMISES HOME AUTOMATION SYSTEM MARKET, BY PRODUCT, 2017–2025 (USD BILLION)
TABLE 9 ON-PREMISES HOME AUTOMATION SYSTEM MARKET FOR SECURITY & ACCESS CONTROL, BY TYPE, 2017–2025 (USD BILLION)
TABLE 10 ON-PREMISES HOME AUTOMATION SYSTEM MARKET, BY REGION, 2017–2025 (USD BILLION)
TABLE 11 CLOUD-BASED HOME AUTOMATION SYSTEM MARKET, BY PRODUCT, 2017–2025 (USD MILLION)
TABLE 12 CLOUD-BASED HOME AUTOMATION SYSTEM MARKET FOR SECURITY & ACCESS CONTROL, BY TYPE, 2017–2025 (USD MILLION)
TABLE 13 CLOUD-BASED HOME AUTOMATION SYSTEM MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 14 HOME AUTOMATION SYSTEM MARKET, BY PRODUCT, 2017–2025 (USD BILLION)
TABLE 15 MARKET FOR LIGHTING CONTROL, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 16 HOME LIGHTING SYSTEM MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 17 NORTH AMERICA: HOME LIGHTING SYSTEM MARKET, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 18 EUROPE: HOME LIGHTING SYSTEM MARKET, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 19 APAC: HOME LIGHTING SYSTEM MARKET, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 20 ROW: HOME LIGHTING SYSTEM MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 21 HOME LIGHTING SYSTEM MARKET, BY MANAGEMENT, 2017–2025 (USD MILLION)
TABLE 22 HOME LIGHTING SYSTEM MARKET FOR HARDWARE, BY COMPONENT, 2017–2025 (USD MILLION)
TABLE 23 HOME LIGHTING SYSTEM MARKET FOR HARDWARE, BY COMPONENT, 2017–2025 (MILLION UNITS)
TABLE 24 HOME LIGHTING SYSTEM MARKET FOR HARDWARE, BY REGION, 2017–2025 (USD MILLION)
TABLE 25 HOME LIGHTING SYSTEM MARKET FOR HARDWARE, BY REGION, 2017–2025 (MILLION UNITS)
TABLE 26 HOME LIGHTING SYSTEM MARKET FOR LED DRIVERS & BALLASTS, BY REGION, 2017–2025 (USD MILLION)
TABLE 27 HOME LIGHTING SYSTEM MARKET FOR LED DRIVERS & BALLASTS, BY REGION, 2017–2025 (THOUSAND UNITS)
TABLE 28 HOME LIGHTING SYSTEM MARKET FOR SENSORS, BY TYPE, 2017–2025 (USD MILLION)
TABLE 29 HOME LIGHTING SYSTEM MARKET FOR SENSORS, BY TYPE, 2017–2025 (MILLION UNITS)
TABLE 30 HOME LIGHTING SYSTEM MARKET FOR SENSORS, BY REGION, 2017–2025 (USD MILLION)
TABLE 31 HOME LIGHTING SYSTEM MARKET FOR SENSORS, BY REGION, 2017–2025 (MILLION UNITS)
TABLE 32 HOME LIGHTING SYSTEM MARKET FOR SWITCHES, BY REGION, 2017–2025 (USD MILLION)
TABLE 33 HOME LIGHTING SYSTEM MARKET FOR SWITCHES, BY REGION, 2017–2025 (MILLION UNITS)
TABLE 34 HOME LIGHTING SYSTEM MARKET FOR DIMMERS, BY REGION, 2017–2025 (USD MILLION)
TABLE 35 HOME LIGHTING SYSTEM MARKET FOR DIMMERS, BY REGION, 2017–2025 (MILLION UNITS)
TABLE 36 HOME LIGHTING SYSTEM MARKET FOR RELAY UNITS, BY REGION, 2017–2025 (USD MILLION)
TABLE 37 HOME LIGHTING SYSTEM MARKET FOR RELAY UNITS, BY REGION, 2017–2025 (MILLION UNITS)
TABLE 38 HOME LIGHTING SYSTEM MARKET FOR GATEWAYS, BY REGION, 2017–2025 (USD MILLION)
TABLE 39 HOME LIGHTING SYSTEM MARKET FOR GATEWAYS, BY REGION, 2017–2025 (MILLION UNITS)
TABLE 40 HOME LIGHTING SYSTEM MARKET FOR SOFTWARE, BY DEPLOYMENT TYPE, 2017–2025 (USD MILLION)
TABLE 41 HOME LIGHTING SYSTEM MARKET, BY SERVICES TYPE, 2017–2025 (USD MILLION)
TABLE 42 HOME AUTOMATION SYSTEM MARKET FOR SECURITY AND ACCESS CONTROL, BY TYPE, 2017–2025 (USD MILLION)
TABLE 43 MARKET FOR SECURITY AND ACCESS CONTROL, BY REGION, 2017–2025 (USD MILLION)
TABLE 44 MARKET FOR VIDEO SURVEILLANCE, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 45 MARKET FOR VIDEO SURVEILLANCE, BY REGION, 2017–2025 (USD MILLION)
TABLE 46 NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 47 EUROPE: HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 48 APAC: HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 49 ROW: HOME AUTOMATION SYSTEM FOR VIDEO SURVEILLANCE, BY REGION, 2017–2025 (USD MILLION)
TABLE 50 HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE, BY MANAGEMENT, 2017–2025 (USD MILLION)
TABLE 51 VIDEO SURVEILLANCE MARKET FOR HARDWARE, BY COMPONENT, 2017–2025 (USD MILLION)
TABLE 52 VIDEO SURVEILLANCE MARKET FOR CAMERAS, BY TYPE, 2017–2025 (USD MILLION)
TABLE 53 VIDEO SURVEILLANCE MARKET FOR CAMERAS, BY TYPE, 2017–2025 (MILLION UNITS)
TABLE 54 HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 55 HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL, BY REGION, 2017–2025 (USD MILLION)
TABLE 56 NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 57 EUROPE: HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 58 APAC: HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 59 ROW: HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL, BY REGION, 2017–2025 (USD MILLION)
TABLE 60 HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL, BY MANAGEMENT, 2017–2025 (USD MILLION)
TABLE 61 ACCESS CONTROL MARKET FOR HARDWARE, BY TYPE, 2017–2025 (USD MILLION)
TABLE 62 ACCESS CONTROL MARKET FOR CARD-BASED READERS, BY TYPE, 2017–2025 (USD MILLION)
TABLE 63 ACCESS CONTROL MARKET FOR CARD-BASED READERS, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 64 ACCESS CONTROL MARKET FOR SMART CARDS AND READERS, BY TYPE, 2017–2025 (USD MILLION)
TABLE 65 ACCESS CONTROL MARKET FOR BIOMETRIC READERS, BY TYPE, 2017–2025 (USD MILLION)
TABLE 66 ACCESS CONTROL MARKET FOR BIOMETRIC READERS, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 67 ACCESS CONTROL MARKET FOR ELECTRONIC LOCKS, BY TYPE, 2017–2025 (USD MILLION)
TABLE 68 ACCESS CONTROL MARKET FOR ELECTRONIC LOCKS, BY TYPE, 2017–2025 (THOUSAND UNITS)
TABLE 69 ACCESS CONTROL MARKET FOR CONTROLLERS, BY TYPE, 2017–2025 (USD MILLION)
TABLE 70 ACCESS CONTROL MARKET, BY SOFTWARE, 2017–2025 (USD MILLION)
TABLE 71 ACCESS CONTROL MARKET, BY SERVICES, 2017–2025 (USD MILLION)
TABLE 72 HOME AUTOMATION SYSTEM MARKET FOR HVAC CONTROL, BY COMPONENT, 2017–2025 (USD MILLION)
TABLE 73 MARKET FOR HVAC CONTROL, BY REGION, 2017–2025 (USD MILLION)
TABLE 74 NORTH AMERICA: MARKET FOR HVAC CONTROL, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 75 EUROPE: MARKET FOR HVAC CONTROL, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 76 APAC: MARKET FOR HVAC CONTROL, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 77 ROW: MARKET FOR HVAC CONTROL, BY REGION, 2017–2025 (USD MILLION)
TABLE 78 HOME AUTOMATION SYSTEM MARKET FOR HVAC CONTROL, BY MANAGEMENT, 2017–2025 (USD MILLION)
TABLE 79 HVAC CONTROL MARKET FOR SMART THERMOSTATS, BY REGION, 2017–2025 (USD MILLION)
TABLE 80 HVAC CONTROL MARKET FOR SMART THERMOSTATS, BY REGION, 2017–2025 (THOUSAND UNITS)
TABLE 81 HVAC CONTROL MARKET FOR SENSORS, BY REGION, 2017–2025 (USD MILLION)
TABLE 82 HVAC CONTROL MARKET FOR CONTROL VALVES, BY REGION, 2017–2025 (USD MILLION)
TABLE 83 HVAC CONTROL MARKET FOR HEATING AND COOLING COILS, BY REGION, 2017–2025 (USD MILLION)
TABLE 84 HVAC CONTROL MARKET FOR DAMPERS, BY REGION, 2017–2025 (USD MILLION)
TABLE 85 HVAC CONTROL MARKET FOR ACTUATORS, BY REGION, 2017–2025 (USD MILLION)
TABLE 86 HVAC CONTROL MARKET FOR PUMPS AND FANS, BY REGION, 2017–2025 (USD MILLION)
TABLE 87 HVAC CONTROL MARKET FOR SMART VENTS, BY REGION, 2017–2025 (USD MILLION)
TABLE 88 HOME AUTOMATION SYSTEM MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY TYPE, 2017–2025 (USD BILLION)
TABLE 89 MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY REGION, 2017–2025 (USD BILLION)
TABLE 90 NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 91 EUROPE: HOME AUTOMATION SYSTEM MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 92 APAC: MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 93 ROW: MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY REGION, 2017–2025 (USD MILLION)
TABLE 94 HOME AUTOMATION SYSTEM MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY MANAGEMENT, 2017–2025 (USD BILLION)
TABLE 95 MARKET FOR ENTERTAINMENT CONTROLS, BY TYPE, 2017–2025 (USD MILLION)
TABLE 96 MARKET FOR OTHER CONTROLS, BY TYPE, 2017–2025 (USD MILLION)
TABLE 97 MARKET FOR SOFTWARE AND ALGORITHM, BY TYPE, 2017–2025 (USD BILLION)
TABLE 98 HOME AUTOMATION SYSTEM MARKET, BY REGION, 2017–2025 (USD BILLION)
TABLE 99 NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET, BY COUNTRY, 2017–2025 (USD BILLION)
TABLE 100 HOME AUTOMATION SYSTEM MARKET IN NORTH AMERICA, BY PRODUCT, 2017–2025 (USD BILLION)
TABLE 101 NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET FOR SECURITY AND ACCESS CONTROL, BY TYPE, 2017–2025 (USD MILLION)
TABLE 102 NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT, 2017–2025 (USD BILLION)
TABLE 103 EUROPE: HOME AUTOMATION SYSTEM MARKET, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 104 EUROPE: MARKET, BY PRODUCT, 2017–2025 (USD MILLION)
TABLE 105 EUROPE: MARKET FOR SECURITY AND ACCESS CONTROL, BY TYPE, 2017–2025 (USD MILLION)
TABLE 106 EUROPE: MARKET, BY MANAGEMENT, 2017–2025 (USD BILLION)
TABLE 107 APAC: HOME AUTOMATION SYSTEM MARKET, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 108 APAC: MARKET, BY PRODUCT, 2017–2025 (USD MILLION)
TABLE 109 APAC: MARKET FOR SECURITY AND ACCESS CONTROL, BY TYPE, 2017–2025 (USD MILLION)
TABLE 110 APAC: MARKET, BY MANAGEMENT, 2017–2025 (USD BILLION)
TABLE 111 ROW: HOME AUTOMATION SYSTEM MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 112 ROW: MARKET, BY PRODUCT, 2017–2025 (USD MILLION)
TABLE 113 ROW: MARKET FOR SECURITY AND ACCESS CONTROL, BY TYPE, 2017–2025 (USD MILLION)
TABLE 114 ROW: HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT, 2017–2025 (USD BILLION)
TABLE 115 OVERVIEW OF STRATEGIES DEPLOYED BY KEY HOME AUTOMATION OEMS
TABLE 116 LIST OF START-UP COMPANIES IN THE HOME AUTOMATION SYSTEM MARKET
TABLE 117 PRODUCT LAUNCHES, 2017–2019
TABLE 118 PARTNERSHIPS AND COLLABORATIONS, 2017–2019
TABLE 119 EXPANSIONS, 2017–2019
TABLE 120 ACQUISITIONS, 2017–2019
TABLE 121 AGREEMENTS, 2017–2019
LIST OF FIGURES (72 FIGURES)
FIGURE 1 SEGMENTATION OF HOME AUTOMATION SYSTEM MARKET
FIGURE 2 HOME AUTOMATION SYSTEM MARKET: RESEARCH DESIGN
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1—BOTTOM-UP (DEMAND SIDE) – DEMAND FOR SMART THERMOSTATS
FIGURE 4 HOME AUTOMATION SYSTEM MARKET: BOTTOM-UP APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)—REVENUE GENERATED FROM HOME AUTOMATION RELATED PRODUCTS
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)—ILLUSTRATION OF REVENUE ESTIMATION FOR ONE OF THE COMPANIES IN THE HOME AUTOMATION SYSTEM MARKET
FIGURE 7 HOME AUTOMATION SYSTEM MARKET: TOP-DOWN APPROACH
FIGURE 8 DATA TRIANGULATION
FIGURE 9 HOME AUTOMATION SYSTEM MARKET: GROWTH PROJECTION BY ADOPTING REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS
FIGURE 10 IMPACT OF COVID-19 ON THE MARKET
FIGURE 11 ON-PREMISES MANAGEMENT SYSTEMS ACCOUNTED FOR THE LARGER SHARE OF THE MARKET IN 2019
FIGURE 12 BEHAVIORAL SOFTWARE & ALGORITHM SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGER MARKET SHARE IN 2020
FIGURE 13 HOME AUTOMATION SYSTEM MARKET FOR LIGHTING CONTROL SYSTEMS TO REGISTER THE HIGHEST GROWTH DURING FORECAST PERIOD
FIGURE 14 NORTH AMERICA TO ACCOUNT FOR THE LARGEST SHARE OF THE HOME AUTOMATION SYSTEM MARKET IN 2020
FIGURE 15 EASE OF USE AND AFFORDABILITY OF HOME AUTOMATION SYSTEMS DRIVING GROWTH IN THE MARKET
FIGURE 16 ON-PREMISES MANAGEMENT TO HOLD THE LARGEST SHARE OF THE HOME AUTOMATION SYSTEM MARKET IN 2020
FIGURE 17 MARKET FOR PROACTIVE SOFTWARE & ALGORITHMS TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
FIGURE 18 LIGHTING CONTROL SYSTEMS AND THE US TO HOLD THE LARGEST SHARE OF THE HOME AUTOMATION SYSTEM MARKET IN NORTH AMERICA IN 2020
FIGURE 19 MARKET FOR LIGHTING CONTROL SYSTEMS TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
FIGURE 20 THE US EXPECTED TO HOLD THE LARGEST SHARE OF THE MARKET IN 2020
FIGURE 21 IMPACT OF DRIVERS AND OPPORTUNITIES ON THE MARKET
FIGURE 22 IMPACT OF RESTRAINTS AND CHALLENGES ON THE MARKET
FIGURE 23 INTERNET OF THINGS (IOT) MARKET, 2017–2022 (USD BILLION)
FIGURE 24 VALUE CHAIN ANALYSIS OF THE HOME AUTOMATION SYSTEM ECOSYSTEM: R&D AND MANUFACTURING PHASES CONTRIBUTE MAXIMUM VALUE
FIGURE 25 HOME AUTOMATION SYSTEM MARKET ECOSYSTEM
FIGURE 26 PATENT PUBLICATION TRENDS FOR HOME AUTOMATION SYSTEMS IN THE LAST 5 YEARS
FIGURE 27 HOME AUTOMATION SYSTEM PATENTS PUBLISHED, BY PERCENTAGE (2015–2019)
FIGURE 28 CLOUD-BASED MANAGEMENT SYSTEMS SEGMENT TO REGISTER THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD
FIGURE 29 MARKET FOR LIGHTING CONTROL SYSTEMS TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
FIGURE 30 HARDWARE COMPONENTS TO HOLD THE LARGEST SHARE OF THE LIGHTING CONTROL MARKET DURING THE FORECAST PERIOD
FIGURE 31 MARKET FOR LED DRIVERS AND BALLASTS TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
FIGURE 32 OCCUPANCY SENSORS TO HOLD A LARGER SHARE OF LIGHTING CONTROL MARKET FOR SENSORS DURING THE FORECAST PERIOD
FIGURE 33 MARKET FOR CLOUD-BASED SOFTWARE IN LIGHTING CONTROL SYSTEMS TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
FIGURE 34 PROFESSIONAL SERVICES TO HOLD A LARGER SHARE IN THE LIGHTING CONTROL MARKET DURING THE FORECAST PERIOD
FIGURE 35 VIDEO SURVEILLANCE TO HOLD A LARGER SHARE OF THE MARKET FOR SECURITY AND ACCESS CONTROL DURING THE FORECAST PERIOD
FIGURE 36 SOFTWARE COMPONENTS FOR VIDEO SURVEILLANCE SYSTEMS TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD
FIGURE 37 CAMERAS TO HOLD THE LARGEST SHARE OF THE MARKET FOR HOME VIDEO SURVEILLANCE HARDWARE DURING THE FORECAST PERIOD
FIGURE 38 HARDWARE COMPONENTS TO HOLD THE LARGEST SHARE OF THE MARKET FOR ACCESS CONTROL DURING THE FORECAST PERIOD
FIGURE 39 MARKET FOR CARD-BASED READERS TO HOLD THE LARGEST SHARE DURING THE FORECAST PERIOD
FIGURE 40 MARKET FOR VISITOR MANAGEMENT SYSTEMS TO HOLD A LARGER SHARE DURING THE FORECAST PERIOD
FIGURE 41 SUPPORT AND MAINTENANCE SERVICES TO HOLD A LARGER SHARE DURING THE FORECAST PERIOD
FIGURE 42 PUMPS AND FANS FOR HVAC CONTROL TO HOLD THE HIGHEST SHARE DURING THE FORECAST PERIOD
FIGURE 43 MARKET FOR ENTERTAINMENT CONTROLS TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD
FIGURE 44 MARKET FOR AUDIO, VOLUME, AND MULTIMEDIA CONTROLS TO COMMAND THE LARGEST SHARE DURING THE FORECAST PERIOD
FIGURE 45 MARKET FOR SMART WINDOW BLINDS TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
FIGURE 46 IMPACT OF COVID-19 ON THE MARKET FOR ENTERTAINMENT AND OTHER CONTROLS
FIGURE 47 IMPACT OF COVID-19 ON THE MARKET FOR SECURITY AND ACCESS CONTROL
FIGURE 48 PROACTIVE SOFTWARE AND ALGORITHM SEGMENT TO WITNESS THE HIGHEST GROWTH IN THE FORECAST PERIOD
FIGURE 49 AUSTRALIA TO WITNESS HIGHEST GROWTH IN THE MARKET DURING THE FORECAST PERIOD
FIGURE 50 NORTH AMERICA: SNAPSHOT OF THE HOME AUTOMATION SYSTEM MARKET
FIGURE 51 EUROPE: SNAPSHOT OF THE HOME AUTOMATION SYSTEM MARKET
FIGURE 52 APAC: SNAPSHOT OF THE MARKET
FIGURE 53 MIDDLE EAST & AFRICA TO HOLD A LARGER SHARE OF THE MARKET DURING THE FORECAST PERIOD
FIGURE 54 IMPACT OF COVID-19 ON THE HOME AUTOMATION SYSTEM MARKET IN NORTH AMERICA
FIGURE 55 IMPACT OF COVID-19 ON THE MARKET IN APAC
FIGURE 56 SHARE OF LEADING COMPANIES IN THE HOME AUTOMATION SYSTEM MARKET, 2019
FIGURE 57 FIVE YEAR REVENUE ANALYSIS OF THE TOP FIVE PLAYERS IN THE MARKET
FIGURE 58 HOME AUTOMATION COMPANY EVALUATION QUADRANT, 2019
FIGURE 59 COMPANY PRODUCT FOOTPRINT
FIGURE 60 COMPANY APPLICATION FOOTPRINT
FIGURE 61 COMPANY INDUSTRY FOOTPRINT
FIGURE 62 COMPANY REGION FOOTPRINT
FIGURE 63 HOME AUTOMATION SYSTEM MARKET, STARTUP/SME EVALUATION MATRIX, 2019
FIGURE 64 MARKET WITNESSED A SIGNIFICANT GROWTH BETWEEN JANUARY 2017 AND DECEMBER 2019
FIGURE 65 RESIDEO: COMPANY SNAPSHOT
FIGURE 66 LEGRAND: COMPANY SNAPSHOT
FIGURE 67 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
FIGURE 68 JOHNSON CONTROLS: COMPANY SNAPSHOT
FIGURE 69 SIEMENS: COMPANY SNAPSHOT
FIGURE 70 INGERSOLL RAND: COMPANY SNAPSHOT
FIGURE 71 ABB: COMPANY SNAPSHOT
FIGURE 72 CONTROL4: COMPANY SNAPSHOT
The study involved four major activities in estimating the size for home automation system market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across value chains through primary research. The bottom-up approach was employed to estimate the overall market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources have been referred to for identifying and collecting information pertinent to this study. Secondary sources include annual reports; press releases; investor presentations; white papers; journals and certified publications; and articles from recognized authors, directories, and databases. Secondary research has been conducted to obtain key information about the industry’s supply chain, market’s value chain, the total pool of key players, market segmentation according to the industry trends (to the bottommost level), geographic markets, and key developments from both market- and technology-oriented perspectives.
After the complete market engineering (which includes calculations for market statistics, market breakdown, data triangulation, market size estimations, and market forecasting), extensive primary research has been carried out to gather information, as well as to verify and validate the critical numbers arrived at.
Primary research has also been conducted to identify the segmentation types; key players; competitive landscape; and key market dynamics such as drivers, restraints, opportunities, challenges, and industry trends, along with the key strategies adopted by the market players. Extensive qualitative and quantitative analyses have been performed on the complete market engineering process to list the key information and insights throughout the report.
Secondary sources used for this research study include government sources, corporate filings (such as annual reports, investor presentations, and financial statements), and trade, business, and professional associations. The secondary data has been collected and analyzed to arrive at the overall market size, which has been further validated through primary research.
Primary Research
Extensive primary research has been conducted after gaining knowledge about the home automation system market scenario through secondary research. Several primary interviews have been conducted with market experts from both demand (commercial application providers) and supply (equipment manufacturers and distributors) sides across four major regions: North America, Europe, Asia Pacific, and the Rest of the World. Approximately 20% and 80% of primary interviews have been conducted with parties from the demand side and supply side, respectively. Primary data has been collected through questionnaires, emails, and telephonic interviews.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete engineering process, both top-down and bottom-up approaches, along with several data triangulation methods, have been used to estimate and validate the size of the home automation system market and other dependent submarkets. Key players in the market have been determined through primary and secondary research. This entire research methodology involves the study of the annual and financial reports of the top market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) about the home automation system market.
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All the possible parameters that affect the market segments covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in the report.
To know about the assumptions considered for the study, Request for Free Sample Report
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments, data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Report Objectives
- To describe and forecast the home automation system market, in terms of value, segmented by product; software and algorithm; and management type
- To describe and forecast the home lighting control market for hardware, in terms of volume, by component
- To forecast the revenue of market segments with respect to four main regions, namely, North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the home automation system market
- To provide a detailed overview of the supply chain of the home automation system ecosystem
- To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
- To analyze opportunities in the market for various stakeholders by identifying the high-growth segments of the market
- To benchmark the market players using the proprietary "Competitive Leadership Mapping" framework, which analyzes market players on various parameters within the broad categories of business strategy excellence and strength of product portfolio
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies2, along with detailing the competitive landscape of the market
- To analyze competitive developments such as acquisitions, product launches, acquisitions, partnerships, collaborations, and research and development in the home automation system market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:
Product Analysis
- Product matrix that gives a detailed comparison of the product portfolio of each company
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Get in-depth analysis of the COVID-19 impact on the Home Automation System Market
Benchmarking the rapid strategy shifts of the Top 100 companies in the Home Automation System Market
Request For Special Pricing
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Home Automation System Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Home Automation System Market
I need information regarding the current size and potential of the home automation market in Nigeria and West Africa.
I am interest to understand the home automation system market. Also, want to understand the company profiles of leading players with focus on their annual turnover ?
till what extend , the growth of IoT based solutions will drive the growth for home automation system market . Also, there is any role of AI in this market? If, yes then what is that.
Would like to know market opportunities for home automation systems and government regulations for the Middle Eastern counties? Also, the cost of these home automation solutions in this region?
Please help me with research methodology of home automation systems market calculations? Also, the market share for the key players who deal in home automation market ?
I am interested in the market share and role of Creston System in home automation market. Do you provide the details as customization?
Is this study will help to compare the energy savings of traditional renovation methods and demand side management implementation in buildings? Also, there is any market share for the retrofit installations of home automation solutions?
I am planning to enter in the home automation business, so I need more information to analyze the market.
I am interest to understand the home automation system market. Also, want to understand the company profiles of leading players with focus on their annual turnover.
Intending to research on publicly-traded and private, middle-market firms who are focused in these aforementioned markets. Can MarketsandMarkets provide the information?
Please help me with research methodology of home automation systems market calculations? Also, the market share for the key players who deal in home automation market?
Can I get access for the details of the value chain of the home automation system market present in the report. I will cite the source in my research document with the analyst views.
After implementing artificial intelligence, What are the future impacts on the demand of home automation solutions?
I am interested specifically in the growth in terms of the African market and more specifically the SADC member states aiming specifically at Domestic Garage and Gate Acres and security.
We are interested to publish an article related to home automation in our upcoming month issue, so can you share a detailed summary or article on same?
Our client is dealing in window & door automation and energy saving solutions for home automation. We are currently focusing on partnerships with strategic entities in the "smart home "market , any specific marketing, media or consumer sales info related to market will help us to target the correct ones.
till what extend, the growth of IoT based solutions will drive the growth for home automation system market. Also, there is any role of AI in this market. If, yes then what is that?
I am a college student and require to do market research for home automation Solutions. Can you help me to understand the market?
Interested in data such as market forecast by solutions, competitive trends , key competitors, installation or purchase type in Canadian home automation market.
Table of Contents suggests the report gives a breakdown of regions, one of which is North America which includes Mexico. But does it lump Mexico in with North America? Or does the report give the market size in Mexico, US, and Canada broken down by country?
Interested in global home automation market overview with emphasis on control technologies and interfaces (remote access & control).
I'm developing home connected products using Internet of things technology. While we launch our products into the market, I would like to study a little the home automation market globally.
Are we getting a report with editable MS Excel calculation sheet to understand the market for home automation?
We are manufacturing HAVC & Lighting Control and interested in a depth market analysis for entering in the US home automation market.
Can I get a separate study related to Italian home automation market?
Is it possible to buy a section of the report or profiles on specific companies contained with in the report? Our project doesn't have much budget, but it might be helpful to get useful insights about the key players of home automation market.
US is the leader in the smart home market. How do you look towards the market in Middle East, and use of home automation solutions in this region? Have you provided the estimates for solutions in this region?
We are in the field of security control and home automation solutions as system integrators .We are interested to have idea of market potential globally.
I am doing a research on the strategies of key players in home automation or smart home market, so will be interested in the analysis of the 20 key players in this market.
We are focusing on home automation devices that aren't necessarily part of centralized hub controllers. Also, the market for devices designed by third parties that integrate with home automation systems.
Can you provide the data related to the upcoming products in retrofit window coverings and lighting devices market, which will easily integrated with home automation systems?
I am doing a project in the field of home automation, as part of that I needed some idea about the industry, trends and major challenges related to home automation. Any assistance will be greatly appreciated!
I am interested to know ongoing trends in home & building automation industry. Also, the difference between IP-based systems versus vintage proprietary closed systems like BACnet, LON, Crestron, AMX, etc.
We are performing a market assessment on the US smart homes We are interested in penetration growth and ARPU growth by product type (e.g. monitored home security, HVAC management, lighting control, access control, etc.). We're also interested in customer purchasing preferences (DIY vs. professional install) and who is best positioned to win in this space . We're comparing our products with some of competitors, so any information you can provide about the competitors strategies related to this market. Also, we're heavily budget constrained, so I'd be interested in whatever price breaks you can provide as well.
I am interested in lighting control, HVAC control, and Security solutions mentioned in this study.
Would like to know market opportunities for home automation systems and government regulations for the Middle Eastern counties? Also, the cost of these home automation solutions in this region?
I am an university student and doing research on the home automation market. Would it be possible to get understanding on same? Please let me know, if you can share some insights.
HI, I am a university researcher and working on the home automation market for a research purpose. Would it be possible to get a copy of this report?
Is this study will help to compare the energy savings of traditional renovation methods and demand side management implementation in buildings? Also, there is any market share for the retrofit installations of home automation solutions?
till what extend, the growth of IoT based solutions will drive the growth for home automation system market. Also, there is any role of AI in this market? If, yes then what is that.
I am interested to know, what are the key players and new entry players strategies in home automation market.
I am a Portuguese student. I am Studying Network Communications, and at the moment writing a thesis whose subject is home automation using wireless sensor networks. This report seems interesting for my research.
I would like to have a call to understand the data sources and methodology used, and overview of your research needs. When would you be available for a call?