Home Automation Market - Forecasts from 2019 to 2024

Home Automation Market - Forecasts from 2019 to 2024

Home automation is used for controlling home appliances, equipments and reduce energy consumption. Global home automation market is projected to reach US$XX.XX billion by 2024 from US$XX.XX billion in 2018 with CAGR of XX.XX%.

Rapid mobile connectivity, rising awareness for low power consumption devices, technological advancement, change in consumer lifestyle, rising security concern and favourable government regulations are the major drivers of the home automation market. In addition, the growth in the IoT market and construction industry are fueling demand for the home automation market. However, lack of telecom infrastructure, improper standardization of products and higher cost of the home automation system are hindering the growth of this market. Phone-based app for home automation is the new trend of this market but higher initial installation cost is acting as a barrier in this market.

By geography, the home automation system is divided into North America, South America, Middle East and Africa, Europe and the Asia Pacific. North America is expected to see substantial growth during the forecast period. Technological advancement and consumer lifestyle are helping to adopt a more home automation system in this region. The rise in electricity prices, favourable government policy and the rapid growth of the real estate industry are helping to increase demand for home automation in the Asia-Pacific region.

This report consists of strategies taken by key industry players and recent development done by those companies. Key players operating in home automation market are Schneider Electric S.A, Legrand S.A., ABB Lt., Honeywell International Inc, Siemens AG, Johnson Controls International PLC, Control4 Corporation, AMX LLC, Ingersoll Rand PLC, Lutron Electronics Company., Savant and Crestron Electronics Inc., among others.

Segmentation

The Home Automation Market has been analyzed through the following segments:

By Application

Lighting

Safety and security

Entertainment

HVAC

Others

 

By Network Technology

Wireless

Wired

 

By Geography

North America

United States of America

Canada

Mexico

Others

 

South America

Brazil

Argentina

Others

 

Europe

United Kingdom

Germany

France

Italy

Others

 

Middle East and Africa

United Arab Emirates

Israel

Saudi Arabia

Others

 

Asia Pacific

China

Japan

India

South Korea

Others

 

Target Audience

Manufacturers

Suppliers

Distributors

Service Providers

Government Agencies

Research Organizations

Consultants

 

Key insights offered

What will be the home automation market size from 2019 to 2025?

How are the major drivers and restraints affecting the home automation market?

 Home automation market growth and the opportunities which exist for key vendors?

Which segment and region will lead the home automation market growth and why?

A comprehensive analysis of competitive landscape and key market participants’ behaviour in home automation.

Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth for the home automation.

1. INTRODUCTION
1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
1.4. CURRENCY
1.5. ASSUMPTIONS
1.6. BASE, AND FORECAST YEARS TIMELINE
2. RESEARCH METHODOLOGY  
2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. MARKET SEGMENTATION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. MARKET OPPORTUNITIES
4.5. PORTER’S FIVE FORCE ANALYSIS
4.5.1. BARGAINING POWER OF SUPPLIERS
4.5.2. BARGAINING POWER OF BUYERS
4.5.3. THREAT OF NEW ENTRANTS
4.5.4. THREAT OF SUBSTITUTES
4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY
4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT
4.7. MARKET ATTRACTIVENESS
5. HOME AUTOMATION MARKET BY APPLICATION
5.1. LIGHTING
5.2. SAFETY AND SECURITY
5.3. ACCESS CONTROL
5.4. ENTERTAINMENT
5.5. HVAC
5.6. OTHERS
6. HOME AUTOMATION MARKET BY NETWORK TECHNOLOGY
6.1. WIRED
6.2. WIRELESS
7. HOME AUTOMATION MARKET BY GEOGRAPHY
7.1. NORTH AMERICA
7.1.1. USA
7.1.2. CANADA
7.1.3. MEXICO
7.1.4. OTHERS
7.2. SOUTH AMERICA
7.2.1. BRAZIL
7.2.2. ARGENTINA
7.2.3. OTHERS
7.3. EUROPE
7.3.1. UNITED KINGDOM
7.3.2. GERMANY
7.3.3. FRANCE
7.3.4. ITALY
7.3.5. OTHERS
7.4. MIDDLE EAST AND AFRICA
7.4.1. UNITED ARAB EMIRATES
7.4.2. ISRAEL
7.4.3. SAUDI ARABIA
7.4.4. OTHERS
7.5. ASIA PACIFIC
7.5.1. CHINA
7.5.2. JAPAN
7.5.3. INDIA
7.5.4. SOUTH KOREA
7.5.5. OTHERS
8. COMPETITIVE INTELLIGENCE
8.1.  COMPETITIVE BENCH MARKING AND ANALYSIS
8.2.  RECENT INVESTMENT AND DEALS
8.3. STRATEGIES OF KEY PLAYERS
9. COMPANY PROFILES
9.1. SCHNEIDER ELECTRIC S.A.
9.2. LEGRAND S.A.
9.3. ABB LTD
9.4. HONEYWELL INTERNATIONAL INC
9.5. SIEMENS AG
9.6. JOHNSON CONTROL INTERNATIONAL PLC
9.7. CONTROL4 CORPORATION
9.8. AMX LLC
9.9. INGERSOLL RAND PLC
9.10. LUTRON ELECTRONICS COMPANY
9.11. SAVANT
9.12. CRESTON ELECTRONICS INC
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER 

Schneider Electric S.A.

Legrand S.A.

ABB Ltd.

Honeywell International Inc.

Siemens AG

Johnson Controls International PLC

Control4 Corporation

AMX LLC

Ingersoll Rand PLC

Lutron Electronics Company

Savant

Crestron Electronics Inc.

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  • Publishing Date: 2019-03-14
  • Product Code: 1
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