Home Automation System Market

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 (2020-2025)

Report Code: SE 3065 Nov, 2020, by marketsandmarkets.com

The home automation system market is projected to grow from USD 40.8 billion in 2020 to USD 63.2 Billion by 2025, at a CAGR of 9.1% from 2020 to 2025. Home automation refers to the automation and security of home & household activities. It may be used for isolated programmable devices, such as thermostats and sprinkler systems. Home automation precisely describes homes in which lights, appliances, electrical outlets, heating & cooling systems, and others are connected to a remotely accessible network. Thus, home automation systems enable power savings and also help in enhancing the standard of life.

A home automation system consists of a hub connected to smart devices and sensors that enable consumers to access and control their homes remotely. Home automation systems have applications in almost all areas within a house, such as energy management, lighting, kitchen, and audio-visual. Lighting controllers such as dimmers, timers, switches, and sensors enable the homeowner to keep a check on the lighting within the household. Energy management products such as HVAC controls, smart thermostats, smart meters, and smart plugs, among others, enable consumers to monitor the electricity consumption within the household. Home automation systems can also provide entertainment streaming and security automation within the household.

Home Automation System Market

Home Automation System Market Forecast to 2025

To know about the assumptions considered for the study, Request for Free Sample Report

The unprecedented and wide-reaching effects of the COVID-19 pandemic are likely to influence economic development across the home automation industry. Component suppliers are expected to witness a decline in production activities due to falling demand. Consequently, OEMs may face a shortage of essential electronic components that are manufactured by third-party suppliers. Companies are expected to be stocking various essential components (especially electronic modules) to maintain availability as part of contingency if the supplier is located far from their facilities; however, if the supplier is located near to OEMs, then the OEM may observe disruptions in the supply chain due to manpower shortage due to the lockdown. Apart from the market overview, this chapter covers the effects of tariffs and regulations shaping the market, as well as case studies pertaining to the home automation system market.

The major drivers for the home automation system market include growing home ownership among millennials worldwide, increasing use of home automation systems among the elderly population, and lower insurance costs for homeowners investing in home security systems and increasing services offered by telecommunication companies.

Home Automation System Market Dynamics:

Driver: Growing home ownership among millennials worldwide

Growing homeownership is one of the major factors driving the adoption of home automation systems. Millennials account for the majority of new home buyers. According to the National Association of REALTORS, millennials in the US accounted for the largest share of home buyers at 38% in March 2020. Also, millennials are the largest groups to invest in home automation technologies. As a result, the adoption of home automation systems is significantly high among this population segment. The data on housing units is presented for the US and London from the US Department of Commerce and the Greater London Authority. These regions have a high penetration of home automation systems in homes. Increasing awareness regarding the benefits of smart home technology and technological advancements have expanded the functionality of security systems, providing greater flexibility and convenience, as well as improved safety for consumers. However, a lack of homeownership among generation Z buyers is expected to limit the purchase of home automation systems. This population segment is currently investing in low-cost, DIY home automation solutions.

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. In July 2019, Kaspersky, a leading security research organization, showcased a security vulnerability with the Fibaro (Poland) smart home system, which allowed anyone to upload and download the smart hub’s backup data to and from the cloud server. The hub’s backup data contained details about the home and its owner, including the location of the home and the owner’s smartphone, the e-mail address to which the host account is registered in the Fibaro system, and a list of connected devices and passwords. Another study by US researchers at the College of William & Mary found security vulnerabilities of two smart home platforms: Nest (from Nest Labs, owned by Google) and Hue (produced by Philips). In the Nest system, it was found that verification of third-party apps and devices could be bypassed. With Hue, third-party apps could gain unauthorized access. 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.

Home Automation System Market Segment Insights:

Home Automation System Market

Based on product, the home automation system market has been segmented into lighting control, security and access control, HVAC control, and entertainment & other controls. The entertainment & other controls segment held the largest share of the home automation system market in 2019. 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.

Based on management, on-premises segment accounted for highest market share

By management, the home automation market has been segmented into on-premises and cloud-based management systems. The primary advantage of on-premises management systems is the central control system. Users can access all the different smart devices in their homes from one centralized system. Everything from lighting to home security network can be controlled through one central system. Central control systems are high-end, high-quality devices for home automation. On-premises management was the only system available for home automation for many years. These systems are still used for HVAC, security and access control, and entertainment systems. 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. Hence, the market for on-premises management expected to hold larger share of the market during forecast period.

Based on software and algorithm, proactive segment accounted for highest CAGR

By software and algorithm, the home automation system market has been segmented into behavioral and proactive. 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. This type can carry more amount of data than the behavioral system. It gives the end user inputs on effective energy usage and how to act and preferences of the individual user. The algorithms associated with the proactive type can also perform a comparative analysis of usage patterns based on the time of the day, historical data, and weather conditions. 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. For instance, if a homeowner forgets to turn on security cameras when leaving the house, the smart hub can detect the proximity of the user’s smartphone and automatically turn on the security systems if required. Smart thermostats can optimally adjust the temperature based on the movement and usage pattern of the residents. Software from major home automation providers such as Resideo (US), Legrand (France), and Savant (US) offer proactive software.

Regional Insights:

The Asia Pacific region is projected to Grow at highest CAGR during the forecast period

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.

Home Automation System Market by Region

Home Automation System Market by Region

To know about the assumptions considered for the study, download the pdf brochure

In the APAC, government initiatives like the net-zero homes in developed countries such as Japan and South Korea are driving the market for home automation systems. The market in Australia is mainly driven by consumer interest, while rapid housing developments in China are expected to increase the penetration of home automation systems in the country.

Key Market Players:

Some of the Major players in the home automation system market are Resideo (US), Legrand (France), Schneider Electric (France), Johnson Controls (Ireland), and Siemens (Germany) . These players have adopted various growth strategies such as contracts, joint ventures, partnerships & agreements, acquisitions, and new product launches to further expand their presence in the home automation system market.

Resideo (US) is a leading provider of residential comfort and security solutions for home automation. Resideo’s product offerings are categorized into air, security, water, and energy products. These include controls and displays for heating, cooling, indoor air quality, ventilation, humidification, combustion, and lighting. The company also offers advanced software applications for home control and energy optimization. Apart from providing home automation solutions, the company’s ADI Global Distribution segment manages a leading wholesale distributor network that ensures additional services such as installation, maintenance, and upgrades for home automation systems. Resideo holds a strong position in the home automation system market owing to its strong employee base and global presence. The products and solutions offered by Honeywell are preferred by various service providers and homeowners worldwide; this reflects the brand recognition sustained by the company globally. The company is concentrating on enhancing its product portfolio by actively engaging with customers to design and offer innovative products according to their requirements. The company also invests significantly in R&D to drive profitable growth and optimize its manufacturing capability.

Legrand (France) is one of the global leaders in electrical and digital building infrastructures. Legrand offers multiple solutions to manage lighting, energy, networks, and building access. Legrand offers various home automation products & solutions. The company’s offerings include switches, power sockets, VDI sockets, circuit breakers, lighting management, security systems, and video door systems, among others. Legrand offers multiple solutions for the automation and control of lighting & temperature, such as automatic switches, lighting management systems, room thermostats, and multi-zone systems that automatically set the temperature according to the use of each zone. A few notable products offered by the company are Classe 100x and Classe 300x door entry systems, Drivia smart electrical panel, Céliane connected switches, Smarther smart thermostats, Nuvo audio systems, and My Home residential automation systems, which allows users to manage lighting, security, heating, and audio distribution using the MyHOME_Up app. Legrand has continued to innovate through the years, launching a host of new products that include user interface ranges, digital solutions, cable management systems, and energy distribution products. Through its medium-term business model, the company is actively pushing initiatives aimed at improving its performance through the Legrand Way program, which facilitates digitization of the organization & optimization of its industrial footprint. The company holds around 3,500 active patents in some 80 countries, covering more than 1,400 different technologies.

Schneider Electric (France) is one of the global leaders in energy management and automation solutions. It offers integrated energy management solutions to energy and infrastructure, industries, data centers and networks, buildings, and residential markets globally. Schneider Electric’s business is organized into two segments, namely, Energy Management and Automation. Energy management has two sub-divisions; Residential & Small Building and Commercial & Industrial Buildings. The company operates in four end markets, namely, homes and buildings, data centers, infrastructure, and industry. Schneider Electric offers home automation products and solutions under its Energy Management business segment.

The Energy Management business segment’s offerings include low-voltage electrical distribution products, circuit breakers, power monitoring devices, power meters, wiring devices, network devices, HVAC controllers, sensors, valves and actuators, programmable regulators, access controls, video cameras, and security monitoring equipment.

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

:

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

Home Automation System Market Highlights:

IHome Automation System Market by Highlights

What is new?

  • Major developments that can change the business landscape as well as market forecasts.

Growing adoption of home automation systems among millennial homeowners and insurance benefits are some of the key factors driving the deployment and use of home automation systems. The US is expected to be the primary market for home automation systems due to its large real estate and housing market. On the other hand, rapid urbanization in developing countries are expected to help grow the market in the coming years; however, home automation systems remain cost prohibitive to a majority of homeowners in developing countries. The growing need for sustainability and rising energy costs worldwide are expected to make home automation systems more commonplace, especially in new home constructions.

  • Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.
  • 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
      • 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
          • Asia Pacific
          • China
          • Japan
          • South Korea
          • Australia
          • Rest of Asia Pacific
          • RoW
          • Middle East & Africa
          • South America
          • 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
              • Coverage of new market players and change in the market share of existing players of the home automation system market.

              Company profiles: Company profiles give a glimpse of the key players in the market with respect to their business overviews, financials, product offerings, recent developments undertaken by them, and MnM view. In the new edition of the report, we have total 25 players (15 major, 10 Startups/SME). Moreover, the share of companies operating in the home automation system market and start-up matrix have also been provided in the report.

              • Updated financial information and product portfolios of players operating in the home automation system market.

              Newer and improved representation of financial information: The new edition of the report provides updated financial information in the context of the home automation system market till 2021/2022 for each listed company in the graphical representation in a single diagram (instead of multiple tables). This would help to easily analyze the present status of profiled companies in terms of their financial strength, profitability, key revenue-generating region/country, business segment focus in terms of the highest revenue-generating segment and investment on research and development activities.

              • Updated market developments of the profiled players.

              Recent Developments: Updated market developments such as contracts, joint ventures, partnerships & agreements, acquisitions, new service launches, new product launches, investments, funding, and certification have been mapped for the years 2019 to 2022.

              • Any new data points/analysis (frameworks) which was not present in the previous version of the report
              • Competitive benchmarking of startups /SME which covers details about employees, financial status, latest funding round and total funding.
              • Inclusion of impact of megatrends on the home automation system market that includes a shift in global climate change, rapid urbanization, greater customization, and disruptive technologies
              • Technology analysis and case studies are added in this edition of the report to give the technological perspective and the significance of the advancements in home automation system market
              • Inclusion of patent registrations to have an overview of R&D activities in the home automation system market.
              • The startup evaluation matrix is added in this edition of the report, covering drone startups.

              The new edition of the report consists of trends/disruptions on customer’s business, tariff & regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for home automation system.

              Recent Developments

              • In December 2019, Resideo announced the launch of the Resideo Home app, which will make whole-home monitoring possible for the four critical offerings in home automation – water, air, energy, and security.
              • In September 2019, PowerSetter (US), a leader in smart home energy automation, collaborated with Resideo, a leading provider of home comfort and security solutions, to give its customers a USD 50 rebate on Resideo’s complete line of smart thermostats.
              • In May 2019, Control4 launched the Smart Home OS 3. Control4 Smart Home OS 3 is designed to unify hundreds of connected devices within the home, control them all from a single platform, deliver the personalization homeowners want, and facilitate the professional support smart home technology requires.
              • In May 2019, Crestron partnered with Domotz, Inc. (US), a leading developer of remote home and network monitoring and management solutions. The seamless integration of the Domotz suite of products with Crestron smart home systems empowers Crestron residential system integrators to remotely monitor their customers’ systems and better assist them while reducing support costs and improving operational efficiencies.
              • In July 2018, Leviton partnered with Pulte Homes (US) to function as the exclusive provider of smart lighting controls in the new, customizable Pulte Smart Home. As a nationally recognized and trusted smart technology brand, Leviton supports Pulte’s vision to accommodate current and future trends in smart home technology with its hubless solution, the Leviton Decora Smart with Wi-Fi Technology lighting controls.

              Key Benefits of the Report/Reason to Buy:

              Target Audience:

              Frequently Asked Questions (FAQ’s)

              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.

Home Automation System Market Size, and Share

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.

Home Automation System Market Size, and Share

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)
Report Code
SE 3065
Published ON
Nov, 2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • 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
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • 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
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2023 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback