Published On : July 2018 Pages : 180 Category: Emerging & Next Generation Technologies Report Code : SE071085
Industry Outlook and Trend Analysis
The Home Automation System Market was worth USD billion in 2017 and is expected to reach approximately USD billion by 2023, while registering itself at a compound annual growth rate (CAGR) of % during the forecast period. Home automation offers high quality solutions and makes use of progressed digital technology for the automation of products and systems. Home automation gives enhanced productivity and execution in automating the home or the household exercises to centrally control the system. Consumers need systems that are customized and professionally installed which is convenient to use. Home automation has been receiving traction in the course of the recent decade in developed nations attributable to consolidation of these services and products as a result of changing lifestyle and high rate of adoption of cutting edge technology.
Drivers and Restraints
Rising demand applications that can be used on a smart for home automation, developing awareness among consumers about energy consuming items, progressions in technology, comfort factor, urbanization, mobile connectivity, and change in way of life are the most critical driving components, which are boosting the development of the home automation market. Since home automation offers security, comfort and application of advanced technology, the interest for home automation market has expanded. Home automation products are not viewed as a must buy or a necessity. Their introductory installation cost is high, which is foreseen to inhibit the development of the market.
Market Segmentation
The Home Automation System Market is segmented on the basis of product into Mainstream Home Automation System, DIY (Do It Yourself Home Automation System), Luxury home Automation System and Managed Home Automation System. Based on application the market is segmented into Lighting, Heating, Ventilation and Air conditioning, Safety and Security, Entertainment (Audio and Video) and others. On the basis of networking technology the market is segmented into Computing Network Home Automation System, Wireless Home Automation System, Wired Home Automation System and Others.
Regional Outlook and Trend Analysis
The home automation market is anticipated to enlist a significant CAGR for the estimate time frame. Geographically, home automation market is divided into main regions such as Asia Pacific, North America, Eastern Europe, Japan, South America, Western Europe, and Middle East and Africa. North America rules the worldwide home automation market because of progression in technology, increasing consumer awareness and high quality connectivity. North America is trailed by Europe and Asia Pacific in the home automation market.
Competitive Insights
The leading players in the market are ADT Pulse, Johnson Controls, HomeSeer, Crestron Electronics, Siemens Ltd, Honeywell, AMX LLC, Frontpoint, Control4, SmartThings and Vera. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Home Automation System Market is segmented by regions as follows-
By Region
Some of the key questions answered by the report are:
Market Classification
· Home Automation System Market, By Product, Estimates and Forecast, 2014-2023 ($Million)
o Mainstream Home Automation System
o Luxury home Automation System
o Managed Home Automation System
o DIY(Do It Yourself Home Automation System)
· Home Automation System Market, By Network Technology, Estimates and Forecast, 2014-2023 ($Million)
o Wireless Home Automation System
o Wired Home Automation System
o Computing Network Home Automation System
o Others
· Home Automation System Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
o Lighting
o Safety and Security
o Heating, Ventilation and Air conditioning
o Entertainment (Audio and Video)
o Others
· Home Automation System Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
o North America
§ North America Home Automation System Market, By Country
o U.S. Home Automation System Market
o Canada Home Automation System Market
o Mexico Home Automation System Market
o Europe
§ Europe Home Automation System Market, By Country
o Germany Home Automation System Market
o UK Home Automation System Market
o France Home Automation System Market
o Russia Home Automation System Market
o Italy Home Automation System Market
o Rest of Europe Home Automation System Market
o Asia-Pacific
§ Asia-Pacific Home Automation System Market, By Country
o China Home Automation System Market
o Japan Home Automation System Market
o South Korea Home Automation System Market
o India Home Automation System Market
o Southeast Asia Home Automation System Market
o Rest of Asia-Pacific Home Automation System Market
o South America
§ South America Home Automation System Market
o Brazil Home Automation System Market
o Argentina Home Automation System Market
o Columbia Home Automation System Market
o South Africa Home Automation System Market
o Rest of South America Home Automation System Market
o Middle East and Africa
§ Middle East and Africa Home Automation System Market
o Saudi Arabia Home Automation System Market
o UAE Home Automation System Market
o Egypt Home Automation System Market
o Nigeria Home Automation System Market
o South Africa Home Automation System Market
o Rest of MEA Home Automation System Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Home Automation System Market, By Product
5.1. Introduction
5.2. Global Home Automation System Market Revenue By Product (2017-2027)
5.2.1. Global Home Automation System Market Revenue Share By Product (2017-2027)
5.3. Mainstream Home Automation System
5.3.1. Global Mainstream Home Automation System Revenue and Growth Rate (2017-2027)
5.4. Luxury home Automation System
5.4.1. Global Luxury home Automation System Revenue and Growth Rate (2017-2027)
5.5. Managed Home Automation System
5.5.1. Global Managed Home Automation System Revenue and Growth Rate (2017-2027)
5.6. DIY(Do It Yourself Home Automation System)
5.6.1.1. Global DIY(Do It Yourself Home Automation System) Revenue and Growth Rate (2017-2027)
6. Home Automation System Market, By Network Technology
6.1. Introduction
6.2. Global Home Automation System Market Revenue By Network Technology (2017-2027)
6.2.1. Global Home Automation System Market Revenue Share By Network Technology (2017-2027)
6.3. Wireless Home Automation System
6.3.1. Global Wireless Home Automation System Revenue and Growth Rate (2017-2027)
6.4. Wired Home Automation System
6.4.1. Global Wired Home Automation System Revenue and Growth Rate (2017-2027)
6.5. Computing Network Home Automation System
6.5.1. Global Computing Network Home Automation System Revenue and Growth Rate (2017-2027)
6.6. Others
6.6.1. Global Others Revenue and Growth Rate (2017-2027)
7. Home Automation System Market, By Application
7.1. Introduction
7.2. Global Home Automation System Market Revenue By Application (2017-2027)
7.2.1. Global Home Automation System Market Revenue Share By Application (2017-2027)
7.3. Lighting
7.3.1. Global Lighting Revenue and Growth Rate (2017-2027)
7.4. Safety and Security
7.4.1. Global Safety and Security Revenue and Growth Rate (2017-2027)
7.5. Heating, Ventilation and Air conditioning
7.5.1. Global Heating, Ventilation and Air conditioning Revenue and Growth Rate (2017-2027)
7.6. Entertainment (Audio and Video)
7.6.1. Global Entertainment (Audio and Video) Revenue and Growth Rate (2017-2027)
7.7. Others
7.7.1. Global Others Revenue and Growth Rate (2017-2027)
8. Home Automation System Market, By Region
8.1. Introduction
8.2. Global Home Automation System Market Revenue by Regions
8.2.1. Global Home Automation System Market Revenue Share by Regions (2017-2027)
8.3. North America Home Automation System Market by Countries
8.3.1. North America Home Automation System Market Revenue and Growth Rate (2017-2027)
8.3.2. North America Home Automation System Market Revenue (Million USD) by Countries (2017-2027)
8.3.3. U.S.
8.3.3.1. United States Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.3.4. Canada
8.3.4.1. Canada Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.3.5. Mexico
8.3.5.1. Mexico Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.4. Europe Home Automation System Market by Countries
8.4.1. Europe Home Automation System Market Revenue and Growth Rate (2017-2027)
8.4.2. Europe Home Automation System Market Revenue (Million USD) by Countries (2017-2027)
8.4.3. Germany
8.4.3.1. Germany Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.4. UK
8.4.4.1. UK Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.5. France
8.4.5.1. France Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.6. Russia
8.4.6.1. Russia Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.7. Italy
8.4.7.1. Italy Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.4.8. Rest of Europe
8.4.8.1. Rest of Europe Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.5. Asia-Pacific
8.5.1. Asia-Pacific Home Automation System Market Revenue and Growth Rate (2017-2027)
8.5.2. Asia-Pacific Home Automation System Market Revenue (Million USD) by Countries (2017-2027)
8.5.3. China
8.5.3.1. China Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.4. Japan
8.5.4.1. Japan Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.5. Korea
8.5.5.1. Korea Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.6. India
8.5.6.1. India Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.7. Southeast Asia
8.5.7.1. Southeast Asia Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.5.8. Rest of Asia-Pacific
8.5.8.1. Rest of Asia-Pacific Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.6. South America
8.6.1. South America Home Automation System Market Revenue and Growth Rate (2017-2027)
8.6.2. South America Home Automation System Market Revenue (Million USD) by Countries (2017-2027)
8.6.3. Brazil
8.6.3.1. Brazil Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.4. Argentina
8.6.4.1. Argentina Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.5. Columbia
8.6.5.1. Columbia Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.6.6. Rest of South America
8.6.6.1. Rest of South America Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.7. Middle East and Africa
8.7.1. Middle East and Africa Home Automation System Market Revenue and Growth Rate (2017-2027)
8.7.2. Middle East and Africa Home Automation System Market Revenue (Million USD) by Countries (2017-2027)
8.7.3. Saudi Arabia
8.7.3.1. Saudi Arabia Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.4. United Arab Emirates
8.7.4.1. United Arab Emirates Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.5. Egypt
8.7.5.1. Egypt Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.6. Nigeria
8.7.6.1. Nigeria Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.7. South Africa
8.7.7.1. South Africa Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
8.7.8. Rest of Middle East and Africa
8.7.8.1. Rest of Middle East and Africa Home Automation System Market Revenue (Millions USD) and Growth Rate (2017-2027)
9. Company Profiles
9.1. Control4 Corporation
9.1.1. Business Overview
9.1.2. Product Portfolio
9.1.3. Strategic Developments
9.1.4. Revenue and Market Share
9.2. AMX LLC
9.2.1. Business Overview
9.2.2. Product Portfolio
9.2.3. Strategic Developments
9.2.4. Revenue and Market Share
9.3. ADT Pulse
9.3.1. Business Overview
9.3.2. Product Portfolio
9.3.3. Strategic Developments
9.3.4. Revenue and Market Share
9.4. SmartThings
9.4.1. Business Overview
9.4.2. Product Portfolio
9.4.3. Strategic Developments
9.4.4. Revenue and Market Share
9.5. Crestron Electronics Inc.
9.5.1. Business Overview
9.5.2. Product Portfolio
9.5.3. Strategic Developments
9.5.4. Revenue and Market Share
9.6. HomeSeer
9.6.1. Business Overview
9.6.2. Product Portfolio
9.6.3. Strategic Developments
9.6.4. Revenue and Market Share
9.7. Johnson Controls
9.7.1. Business Overview
9.7.2. Product Portfolio
9.7.3. Strategic Developments
9.7.4. Revenue and Market Share
9.8. Honeywell
9.8.1. Business Overview
9.8.2. Product Portfolio
9.8.3. Strategic Developments
9.8.4. Revenue and Market Share
9.9. Frontpoint
9.9.1. Business Overview
9.9.2. Product Portfolio
9.9.3. Strategic Developments
9.9.4. Revenue and Market Share
9.10. Vera
9.10.1. Business Overview
9.10.2. Product Portfolio
9.10.3. Strategic Developments
9.10.4. Revenue and Market Share
9.11. Siemens AG
9.11.1. Business Overview
9.11.2. Product Portfolio
9.11.3. Strategic Developments
9.11.4. Revenue and Market Share
9.12. Savant
9.12.1. Business Overview
9.12.2. Product Portfolio
9.12.3. Strategic Developments
9.12.4. Revenue and Market Share
10. Global Home Automation System Market Competition, by Manufacturer
10.1. Global Home Automation System Market Revenue and Revenue Share by Manufacturer (2017-2017)
10.2. Global Home Automation System Market Price by Region (2017-2017)
10.3. Top 5 Home Automation System Market Manufacturer Market Share
10.4. Market Competition Trend
11. Home Automation System Market Forecast (2027-2023)
11.1. Global Home Automation System Market Revenue (Millions USD) and Growth Rate (2027-2023)
11.2. Home Automation System Market Forecast by Regions (2027-2023)
11.2.1. North America Home Automation System Market Forecast (2027-2023)
11.2.1.1. United States Home Automation System Market Forecast (2027-2023)
11.2.1.2. Canada Home Automation System Market Forecast (2027-2023)
11.2.1.3. Mexico Home Automation System Market Forecast (2027-2023)
11.2.2. Europe Home Automation System Market Forecast (2027-2023)
11.2.2.1. Germany Home Automation System Market Forecast (2027-2023)
11.2.2.2. United Kingdom Home Automation System Markets Market Forecast (2027-2023)
11.2.2.3. France Home Automation System Market Forecast (2027-2023)
11.2.2.4. Russia Home Automation System Market Forecast (2027-2023)
11.2.2.5. Italy Home Automation System Market Forecast (2027-2023)
11.2.2.6. Rest of the Europe Home Automation System Market Forecast (2027-2023)
11.2.3. Asia-Pacific Home Automation System Market Forecast (2027-2023)
11.2.3.1. China Home Automation System Market Forecast (2027-2023)
11.2.3.2. Japan Home Automation System Market Forecast (2027-2023)
11.2.3.3. Korea Home Automation System Market Forecast (2027-2023)
11.2.3.4. India Home Automation System Market Forecast (2027-2023)
11.2.3.5. Southeast Asia Home Automation System Market Forecast (2027-2023)
11.2.3.6. Rest of Asia-Pacific Home Automation System Market Forecast (2027-2023)
11.2.4. South America Home Automation System Market Forecast (2027-2023)
11.2.4.1. Brazil Home Automation System Market Forecast (2027-2023)
11.2.4.2. Argentina Home Automation System Market Forecast (2027-2023)
11.2.4.3. Columbia Home Automation System Market Forecast (2027-2023)
11.2.4.4. Rest of South America Home Automation System Market Forecast (2027-2023)
11.2.5. Middle East and Africa Home Automation System Market Forecast (2027-2023)
11.2.5.1. Saudi Arabia Home Automation System Market Forecast (2027-2023)
11.2.5.2. UAE Home Automation System Market Forecast (2027-2023)
11.2.5.3. Egypt Home Automation System Market Forecast (2027-2023)
11.2.5.4. Nigeria Home Automation System Market Forecast (2027-2023)
11.2.5.5. South Africa Home Automation System Market Forecast (2027-2023)
11.2.5.6. Rest of MEA Home Automation System Market Forecast (2027-2023)
11.3. Home Automation System Market Forecast By Product (2027-2023)
11.3.1. Global Home Automation System Market Revenue Forecast By Product (2027-2023)
11.3.2. Global Home Automation System Market Revenue Market Share Forecast By Product (2027-2023)
11.4. Home Automation System Market Forecast By Network Technology (2027-2023)
11.4.1. Global Home Automation System Market Revenue Forecast By Network Technology (2027-2023)
11.4.2. Global Home Automation System Market Revenue Market Share Forecast By Network Technology (2027-2023)
11.5. Home Automation System Market Forecast By Application (2027-2023)
11.5.1. Global Home Automation System Market Revenue Forecast By Application (2027-2023)
11.5.2. Global Home Automation System Market Revenue Market Share Forecast By Application (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Home Automation System Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
Data Collection Matrix |
Supply Side |
Demand Side |
Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
Qualitative Data |
Quantitative Data (2017-2025) |
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