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Published: Aug, 2017 | Pages:
105 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)
The global smart home automation market is expected to reach USD 130.0 billion by 2025, according to a new report by Grand View Research, Inc. The growing demand for the convenience of remote and real-time operation of smart home automation system has increased the growth and penetration of the smart home automation. Increasing urban and geriatric population have created the need to incorporate smart home automation concept in order to address the arising challenges. Further, increase in demand of smartphones and easy accessibility of internet are expected to fuel growth in the demand for the in the coming future. The growing adoption of the automation in security, lighting, HVAC, energy management, and smart kitchen arenas is anticipated to revolutionize the market by 2025. The market has been segmented based on varied technology of smart home automation, such as cellular, wireless, and others. Based on applications, the market has been segmented into security, lighting, entertainment, HVAC & energy management, and smart kitchen. The entertainment sector is the biggest application sector in terms of size and is expected to dominate for the forecast period owing to high demand of home theaters, touchscreens, audio/video controls, and other entertainment controls. The growing awareness and popularity of smart home automation is encouraging manufacturers to invest in research & development for creating better products. Manufacturers are making significant investments to simultaneously develop several new products in an effort to enhance the users experience. Researchers are focusing on innovating reliable and cost-effective products. Further key findings from the report suggest : • The growing demand for smart home automation can be accredited to the increasing preference among consumers for convenience, connectivity, safety, and security. • The growing penetration of Internet of Things (IoT) and the advancement of Internet accessibility which helps in the move to direct digital controls for better machine to machine (M2M) communication have encouraged users to adopt the smart home automation technology. • With the arrival of various wireless technologies such as ZigBee, Z-Wave, EnOcean, C-Bus, Wi-Fi, Bluetooth, KNX, and Thread, installation of automated systems has been simplified. Wireless technology is less invasive, have low set-up cost, and more convenient to use. • The North American region dominated the market, accounting for the largest global market share in 2016 owing to its large consumer base. • Key industry participants include ABB Ltd. (Switzerland), Honeywell International Inc. (U.S.), Johnson Controls (U.S.), Schneider Electric (France), and Siemens AG (Germany).
Table of Contents
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Smart Home Automation - Industry Snapshot & Key Buying Criteria, 2014 - 2025
Chapter 3 Industry Outlook
3.1 Market Segmentation & Scope
3.2 Smart Home Automation Market Size and Growth Prospects
3.3 Smart Home Automation - Value Chain Analysis
3.4 Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Growing demand of home monitoring from remote locations
3.4.1.2 Rapid penetration of Internet of things (IoT) and Smart gadgets
3.4.1.3 Technological advancements
3.4.2 Market restraint analysis
3.4.2.1 High Initial Investment
3.5 Key Opportunities - Prioritized
3.6 Industry Analysis - Porter's
3.7 Smart Home Automation Market - Key Company Analysis, 2016
3.7.1 Key company analysis, 2016
3.8 Smart Home Automation - PEST Analysis
Chapter 4 Smart Home Automation Market: Component Estimates & Trend Analysis
4.1 Smart Home Automation Market: Component Movement Analysis
4.1.1 Hardware
4.1.1.1 Smart home automation market by hardware, 2014 - 2025 (USD Million)
4.1.1.2 Global hardware market by region, 2014 - 2025 (USD Million)
4.1.2 Software
4.1.2.1 Smart home automation market by software, 2014 - 2025 (USD Million)
4.1.2.2 Global software market by region, 2014 - 2025 (USD Million)
4.1.3 Service
4.1.3.1 Smart home automation market by service, 2014 - 2025 (USD Million)
4.1.3.2 Global service market by region, 2014 - 2025 (USD Million)
Chapter 5 Smart Home Automation Market: Technology Estimates & Trend Analysis
5.1 Smart Home Automation Market: Technology Movement Analysis
5.1.1 Cellular
5.1.1.1 Smart home automation market by cellular, 2014 - 2025 (USD Million)
5.1.1.2 Global cellular market by region, 2014 - 2025 (USD Million)
5.1.2 Wireless
5.1.2.1 Smart home automation market by wireless, 2014 - 2025 (USD Million)
5.1.2.2 Global wireless market by region, 2014 - 2025 (USD Million)
Chapter 6 Smart Home Automation Market: Application Estimates & Trend Analysis
6.1 Smart Home Automation Market: Application Movement Analysis
6.1.1 Security
6.1.1.1 Smart home automation market by security, 2014 - 2025 (USD Million)
6.1.1.2 Global security market by region, 2014 - 2025 (USD Million)
6.1.2 Lighting
6.1.2.1 Smart home automation market by lighting, 2014 - 2025 (USD Million)
6.1.2.2 Global lighting market by region, 2014 - 2025 (USD Million)
6.1.3 Entertainment
6.1.3.1 Smart home automation market by entertainment, 2014 - 2025 (USD Million)
6.1.3.2 Global entertainment market by region, 2014 - 2025 (USD Million)
6.1.4 HVAC & Energy management
6.1.4.1 Smart home automation market by HVAC & energy management, 2014 - 2025 (USD Million)
6.1.4.2 Global HVAC & energy management market by region, 2014 - 2025 (USD Million)
6.1.5 Smart Kitchen
6.1.5.1 Smart home automation market by smart kitchen, 2014 - 2025 (USD Million)
6.1.5.2 Global smart kitchen market by region, 2014 - 2025 (USD Million)
Chapter 7 Smart Home Automation Market: Regional Estimates & Trend Analysis
7.1 Smart Home Automation Market: Regional Movement Analysis
7.2 North America
7.2.1 North America marketplace: Key takeaways
7.2.2 North America smart home automation market, 2014 - 2025
7.2.3 U.S. smart home automation market, 2014 - 2025
7.2.4 Canada smart home automation market, 2014 - 2025
7.2.5 Mexico smart home automation market, 2014 - 2025
7.3 Europe
7.3.1 Europe marketplace: Key takeaways
7.3.2 Europe smart home automation market, 2014 - 2025
7.3.3 Germany smart home automation market, 2014 - 2025
7.3.4 UK smart home automation market, 2014 - 2025
7.4 Asia Pacific
7.4.1 Asia Pacific marketplace: Key takeaways
7.4.2 Asia Pacific smart home automation market, 2014 - 2025
7.4.3 China smart home automation market, 2014 - 2025
7.4.4 Japan smart home automation market, 2014 - 2025
7.4.5 India smart home automation market, 2014 - 2025
7.5 South America
7.5.1 South America marketplace: Key takeaways
7.5.2 South America smart home automation market, 2014 - 2025
7.5.3 Brazil smart home automation market, 2014 - 2025
7.6 The Middle East & Africa (MEA)
7.6.1 The Middle East & Africa (MEA) marketplace: Key takeaways
7.6.2 MEA smart home automation market, 2014 - 2025
Chapter 8 Competitive Landscape
8.1 Company Profiles
8.1.1 ABB Ltd.
8.1.1.1 Company overview
8.1.1.2 Financial performance
8.1.1.3 Product benchmarking
8.1.1.4 Recent developments
8.1.2 Control4 Corporation
8.1.2.1 Company overview
8.1.2.2 Financial performance
8.1.2.3 Product benchmarking
8.1.2.4 Recent developments
8.1.3 Crestron Electronics, Inc.
8.1.3.1 Company overview
8.1.3.2 Product benchmarking
8.1.3.3 Recent developments
8.1.4 Honeywell International, Inc.
8.1.4.1 Company overview
8.1.4.2 Financial performance
8.1.4.3 Product benchmarking
8.1.4.4 Recent developments
8.1.5 Ingersoll-Rand plc
8.1.5.1 Company overview
8.1.5.2 Financial performance
8.1.5.3 Product benchmarking
8.1.5.4 Recent developments
8.1.6 Johnson Controls
8.1.6.1 Company overview
8.1.6.2 Financial performance
8.1.6.3 Product benchmarking
8.1.6.4 Recent developments
8.1.7 Legrand SA
8.1.7.1 Company overview
8.1.7.2 Financial performance
8.1.7.3 Product benchmarking
8.1.7.4 Recent developments
8.1.8 Leviton Manufacturing Company, Inc.
8.1.8.1 Company overview
8.1.8.2 Product benchmarking
8.1.8.3 Recent developments
8.1.9 Lutron Electronics Co., Inc.
8.1.9.1 Company overview
8.1.9.2 Product benchmarking
8.1.9.3 Recent developments
8.1.10 Schneider Electric
8.1.10.1 Company overview
8.1.10.2 Financial performance
8.1.10.3 Product benchmarking
8.1.10.4 Recent developments
8.1.11 Siemens AG
8.1.11.1 Company overview
8.1.11.2 Financial performance
8.1.11.3 Product benchmarking
8.1.11.4 Recent developments
List of Tables TABLE 1 Smart home automation - Industry Snapshot & Key Buying Criteria, 2014 - 2025 TABLE 2 Global smart home automation market, 2014 - 2025 (USD Million) TABLE 3 Global smart home automation market estimates and forecasts by component, 2014 - 2025 (USD Million) TABLE 4 Global smart home automation market estimates and forecasts by technology, 2014 - 2025 (USD Million) TABLE 5 Global smart home automation market estimates and forecasts by application, 2014 - 2025 (USD Million) TABLE 6 Global smart home automation market estimates and forecasts by region, 2014 - 2025 (USD Million) TABLE 7 Global hardware smart home automation market estimates and forecasts by application, 2014 - 2025 (USD Million) TABLE 8 Global security & access control smart home automation market estimates and forecasts by hardware component, 2014 - 2025 (USD Million) TABLE 9 Smart home automation market by hardware component, 2014 - 2025 (USD Million) TABLE 10 Smart home automation market by software component, 2014 - 2025 (USD Million) TABLE 11 Smart home automation market by service component, 2014 - 2025 (USD Million) TABLE 12 Smart home automation market by cellular technology, 2014 - 2025 (USD Million) TABLE 13 Smart home automation market by wireless technology, 2014 - 2025 (USD Million) TABLE 14 Smart home automation market by security application, 2014 - 2025 (USD Million) TABLE 15 Smart home automation market by lighting application, 2014 - 2025 (USD Million) TABLE 16 Smart home automation market by entertainment application, 2014 - 2025 (USD Million) TABLE 17 Smart home automation market by HVAC & energy management application, 2014 - 2025 (USD Million) TABLE 18 Smart home automation market by smart kitchen application, 2014 - 2025 (USD Million) TABLE 19 North America smart home automation market, 2014 - 2025 (USD Million) TABLE 20 North America smart home automation market by component, 2014 - 2025 (USD Million) TABLE 21 North America smart home automation market by technology, 2014 - 2025 (USD Million) TABLE 22 North America smart home automation market by application, 2014 - 2025 (USD Million) TABLE 23 U.S. smart home automation market by component, 2014 - 2025 (USD Million) TABLE 24 U.S. smart home automation market by technology, 2014 - 2025 (USD Million) TABLE 25 U.S. smart home automation market by application, 2014 - 2025 (USD Million) TABLE 26 Canada smart home automation market by component, 2014 - 2025 (USD Million) TABLE 27 Canada smart home automation market by technology, 2014 - 2025 (USD Million) TABLE 28 Canada smart home automation market by application, 2014 - 2025 (USD Million) TABLE 29 Mexico smart home automation market by component, 2014 - 2025 (USD Million) TABLE 30 Mexico smart home automation market by technology, 2014 - 2025 (USD Million) TABLE 31 Mexico smart home automation market by application, 2014 - 2025 (USD Million) TABLE 32 Europe smart home automation market, 2014 - 2025 (USD Million) TABLE 33 Europe smart home automation market by component, 2014 - 2025 (USD Million) TABLE 34 Europe smart home automation market by technology, 2014 - 2025 (USD Million) TABLE 35 Europe smart home automation market by application, 2014 - 2025 (USD Million) TABLE 36 Germany smart home automation market by component, 2014 - 2025 (USD Million) TABLE 37 Germany smart home automation market by technology, 2014 - 2025 (USD Million) TABLE 38 Germany smart home automation market by application, 2014 - 2025 (USD Million) TABLE 39 UK smart home automation market by component, 2014 - 2025 (USD Million) TABLE 40 UK smart home automation market by technology, 2014 - 2025 (USD Million) TABLE 41 UK smart home automation market by application, 2014 - 2025 (USD Million) TABLE 40 Asia Pacific smart home automation market, 2014 - 2025 (USD Million) TABLE 43 Asia Pacific smart home automation market by component, 2014 - 2025 (USD Million) TABLE 44 Asia Pacific smart home automation market by technology, 2014 - 2025 (USD Million) TABLE 45 Asia Pacific smart home automation market by application, 2014 - 2025 (USD Million) TABLE 46 China smart home automation market by component, 2014 - 2025 (USD Million) TABLE 47 China smart home automation market by technology, 2014 - 2025 (USD Million) TABLE 48 China smart home automation market by application, 2014 - 2025 (USD Million) TABLE 49 Japan smart home automation market by component, 2014 - 2025 (USD Million) TABLE 50 Japan smart home automation market by technology, 2014 - 2025 (USD Million) TABLE 51 Japan smart home automation market by application, 2014 - 2025 (USD Million) TABLE 52 India smart home automation market by component, 2014 - 2025 (USD Million) TABLE 53 India smart home automation market by technology, 2014 - 2025 (USD Million) TABLE 54 India smart home automation market by application, 2014 - 2025 (USD Million) TABLE 55 South America smart home automation market, 2014 - 2025 (USD Million) TABLE 56 South America smart home automation market by component, 2014 - 2025 (USD Million) TABLE 57 South America smart home automation market by technology, 2014 - 2025 (USD Million) TABLE 58 South America smart home automation market by application, 2014 - 2025 (USD Million) TABLE 59 Brazil smart home automation market by component, 2014 - 2025 (USD Million) TABLE 60 Brazil smart home automation market by technology, 2014 - 2025 (USD Million) TABLE 61 Brazil smart home automation market by application, 2014 - 2025 (USD Million) TABLE 62 MEA smart home automation market, 2014 - 2025 (USD Million) TABLE 63 MEA smart home automation market by component, 2014 - 2025 (USD Million) TABLE 64 MEA smart home automation market by technology, 2014 - 2025 (USD Million) TABLE 65 MEA smart home automation market by application, 2014 - 2025 (USD Million)
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