Analysts’ Viewpoint on Market Scenario
Rise in demand and popularity of smart home heating, cooling, and air quality systems to provide reliable, effective, climate control in the home is one of the key factors influencing global home automation market expansion. Growing technical developments in sensor-based controls contribute to more secure and comfortable homes.
Adoption of home automation systems is fueled by the increase in usage of Internet of Things (IoT) for smart home applications such as lighting; room control; audio & video control; and security & entry control. Moreover, major companies in the market are focusing on expansion of their operations around the globe in order to increase their consumer base and maintain competitiveness in the market.
According to latest market trends, large firms would have a strong hold on the market, and market consolidation (mergers and acquisitions) and new product development would both increase.
The automatic control of electronic devices at home is known as home automation. These devices can be managed remotely owing to their Internet connectivity. Individual devices can trigger one another due to home automation, eliminating the need for manual controls. Internet of Things (IoT) enabled devices, such as security systems and cameras, in home automation can also result in increased safety.
The global home automation market is estimated to advance at a significant growth rate during the forecast period due to various functions offered by home automation such as fire and carbon monoxide monitoring, remote lighting control, thermostat control, alarm systems, real-time text and email alerts, and digital personal assistant integration. Smart home technology typically saves users around half an hour per day, or 182.5 hours annually and more than a week. Consequently, home automation companies are spending heavily on new technologies that which enable voice control over home automation, with the aid of Alexa, Google Assistant, and Siri.
Rise in popularity of smart home integration devices, voice-controlled home automation systems, and home lighting automation systems is also expected to boost the global home automation market during the forecast period.
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The smart home market is becoming increasingly attractive due to the rapid developments of smartphone-controlled applications. Alarm.com, a U.S.-based technology company, conducted a survey of 1000 homes in the U.S. The survey found that while the large range of devices on the market perplexed 59% of respondents, nearly 48% of participants were enthusiastic about smart-home solutions.
Participants in the survey placed a high priority on the security that smart homes would offer; and comfort, energy savings, etc., come next to security. Therefore, key players operating in the home automation are engaged in the development of innovative products to gain a competitive edge. For instance, in June 2022, Hogar Controls India Pvt. Ltd. launched a new range of digital door locks, smart touch panels, controllers, and smart curtain motors in the Indian market.
Its Wi-Fi-enabled Smart Touch Panels comprise various product variants under the Prima and Prima+ series. These touch panels are compatible with any smartphone and voice-controlled via Amazon Alexa or Google Assistant on supported devices. Hence, increase in use of smartphones to remotely control lighting equipment, air conditioning, laundry systems, heating, and audio/video system has propelled the adoption of smart home systems.
Smart lighting is a cutting-edge technique of indoor lighting. Smart LED bulbs are integrated with software that connects to an app, smart home assistant, or other smart accessories, eliminating the need for conventional wall switches and automate lights or control them remotely. Each smart bulb and LED-integrated fixture can be wirelessly controlled with a phone, tablet, or a smart assistant such as Google Assistant or Amazon Alexa; this feature enables the rapid adoption of smart lights.
The ability of smart lighting systems to connect with other devices, including cameras, audio equipment, thermostats, and home assistants, fuels the demand for smart lights. Nearly 20% of global electricity usage and 6% of CO2 emissions are consumed by lighting. According to The International Energy Agency lighting accounts for around 3% of the world's oil demand. Global energy usage for lighting would increase by about 60% by 2030 if prompt action has not been taken. Smart lighting offers greater energy efficiency as compared to traditional lighting. This factor is expected to drive the global market.
In terms of component, the global home automation market has been segmented into safety and security, access control, lighting system, entertainment system, Heating Ventilation and Air Conditioning (HVAC), and others. The Heating Ventilation and Air Conditioning (HVAC) segment has been further divided into actuators; sensors and transducers; thermostats; ducted split systems; humidifiers; UV air purifiers; and others. Among these, the thermostat is one of the significant technologies in the market and the segment is projected to grow at a rapid pace during the forecast period.
Thermostat assists customers in saving roughly 23% of HVAC energy consumption by controlling the temperature through customizable scheduling, remote access, and geofencing. Users of smart thermostats can reduce energy and financial costs while maintaining indoor comfort. Spotify and Bluetooth streaming, hands-free calling, and intercom functions are all available on modern thermostats.
In terms of technology, the global home automation market has been classified into wired and wireless. The wireless segment is anticipated to dominate the market during the forecast period. The wireless segment has been further categorized into ZigBee, Wi-Fi, Bluetooth, and others. Among the segments, ZigBee accounted for a significant share of the market in 2021, and it is expected to grow at the highest CAGR during the forecast period.
Zigbee is low-cost wireless communication technology that consumes less power. The IEEE's 802.15.4 personal-area network standard is the foundation of Zigbee. For some applications, such as low-powered devices that don't require a lot of bandwidth, such as smart home sensors, Zigbee is often regarded as an alternative to Wi-Fi and Bluetooth. There is no communication barrier while using Zigbee because two devices, even if different companies manufacture them, can communicate using the same language. Thus, Zigbee is the key element in the smart home automation system.
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North America held the highest share, approximately 37.8% of the global home automation market in 2021. It is expected to dominate the global market during the forecast period due to the presence of key market players, technological advancements, and countries, such as the U.S. and Canada offering ample and lucrative opportunities for manufacturers on a long-term basis in the region.
Home automation has gained popularity in North America in the last decade. In the U.S., about half of millennials already own smart gadgets. The majority of homes in the U.S. are starting to adopt smart speakers with assistants. More than a 1/4th of broadband-enabled homes, currently, utilize smart speakers with helpful assistants. Additionally, the search by voice capability is currently used at least once per month by about 35% of people in the U.S. Thus, the market in North America is being driven by the rise in demand for sustainable home energy management systems, improved home security levels, and the growing integration of smart devices & standalone voice assistants in homes.
The market in Europe and Asia Pacific is also growing significantly due to rapid adoption of smart home automation devices or home automation kits across various countries in these regions. Home automation products and solutions are widely used in China, India, and South Korea, as a result of increased middle-class disposable income and preference for luxurious lifestyles.
Middle East & Africa is a larger market for home automation as compared to South America; moreover, the market in Middle East & Africa is estimated to grow at a rapid pace as compared to the market in South America.
The global home automation market is consolidated, with the presence of large-scale vendors that control majority of the share. Several companies are investing significantly in comprehensive research and development, and new product development.
Expansion of product portfolios and mergers and acquisitions are major strategies adopted by key players. HARMAN, SAMSUNG, Crestron Electronics, Inc., Siemens AG, Lutron Electronics Co., Inc, ABB Ltd., Johnson Controls International, Honeywell International Inc., Snap One, LLC, Schneider Electric SE, Savant Systems, Inc, Legrand SA, and Nice North America LLC are prominent players operating in the global market.
Each of these players has been profiled in the global home automation market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
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Attribute |
Detail |
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Market Size Value in 2021 |
US$ 58.06 Bn |
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Market Forecast Value in 2031 |
US$ 253.18 Bn |
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Growth Rate (CAGR) |
16.6% |
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Forecast Period |
2022–2031 |
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Historical Data Available for |
2017–2020 |
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Quantitative Units |
US$ Bn for Value and Million Units for Volume |
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Market Analysis |
It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
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Competition Landscape |
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Format |
Electronic (PDF) + Excel |
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Market Segmentation |
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Regions Covered |
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Countries Covered |
|
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Companies Profiled |
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Customization Scope |
Available upon request |
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Pricing |
Available upon request |
The global market was valued at US$ 58.06 Bn in 2021
The global market is expected to advance at a CAGR of 16.6% by 2031
The global market is projected to reach US$ 253.18 Bn in 2031
HARMAN, SAMSUNG, Crestron Electronics, Inc., Siemens AG, Lutron Electronics Co., Inc, ABB Ltd., Johnson Controls International, Honeywell International Inc., Snap One, LLC, Schneider Electric SE, Savant Systems, Inc, Legrand SA, and Nice North America LLC
In 2021, the US held approximately 28.1% share of the global home automation market
Based on component, the heating ventilation and air conditioning (HVAC) segment held around 21.4% share of the global home automation market in 2021
Rise in adoption of home automation to improve the quality of life of disabled people; rise in trend of luxurious lifestyles, usage of convenient remote-controlled smart home systems, and increased awareness about home security in developed and developing countries spur the implementation of smart home security systems
North America is a more lucrative region in the global home automation market
1. Preface
1.1. Market Introduction
1.2. Market and Segments Definition
1.3. Market Taxonomy
1.4. Research Methodology
1.5. Assumption and Acronyms
2. Executive Summary
2.1. Global Home Automation Market Overview
2.2. Regional Outline
2.3. Industry Outline
2.4. Market Dynamics Snapshot
2.5. Competition Blueprint
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Drivers
3.3. Restraints
3.4. Opportunities
3.5. Key Trends
3.6. Regulatory Scenario
4. Associated Industry and Key Indicator Assessment
4.1. Parent Industry Overview – Global Building and Construction Industry Overview
4.2. Supply Chain Analysis
4.3. Pricing Analysis
4.4. Technology Roadmap Analysis
4.5. Industry SWOT Analysis
4.6. Porter Five Forces Analysis
4.7. Covid-19 Impact and Recovery Analysis
5. Home Automation Market Analysis, by Component
5.1. Home Automation Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Component, 2017–2031
5.1.1. Safety and Security
5.1.1.1. Hardware
5.1.1.1.1. Security Cameras
5.1.1.1.2. Monitors
5.1.1.1.3. Fire Extinguishers
5.1.1.1.4. Others (Doorbells, Water Leak & Freeze Detector, etc.)
5.1.1.2. Software
5.1.1.3. Services
5.1.2. Access Control
5.1.2.1. Biometric Access Control
5.1.2.1.1. Facial Recognition
5.1.2.1.2. Iris Recognition
5.1.2.1.3. Fingerprint Recognition
5.1.2.1.4. Others (Hand Geometry Biometrics, Retina Pattern, etc.)
5.1.2.2. Non Biometric Access Control
5.1.3. Lighting System
5.1.3.1. Drivers & Ballasts
5.1.3.2. Relays
5.1.3.3. Sensors
5.1.3.4. Dimmers
5.1.3.5. Switches
5.1.3.6. Others (Accessories)
5.1.4. Entertainment System
5.1.4.1. Home Theater Systems
5.1.4.2. Audio Video Control Systems
5.1.4.3. Others
5.1.5. Heating Ventilation and Air Conditioning (HVAC)
5.1.5.1. Actuators
5.1.5.2. Sensors and Transducers
5.1.5.3. Thermostats
5.1.5.4. Ducted Split Systems
5.1.5.5. Humidifiers
5.1.5.6. UV Air Purifiers
5.1.5.7. Others (Energy Meter, Control Valve, etc.)
5.1.6. Others (Smoke Detector, Smart Plugs, etc.)
5.2. Market Attractiveness Analysis, by Component
6. Home Automation Market Analysis, by Technology
6.1. Home Automation Market Size (US$ Bn) Analysis & Forecast, by Technology, 2017–2031
6.1.1. Wired
6.1.1.1. Power Line Communication (PLC)
6.1.1.2. Ethernet
6.1.1.3. Fiber Optics
6.1.2. Wireless
6.1.2.1. ZigBee
6.1.2.2. Wi-Fi
6.1.2.3. Bluetooth
6.1.2.4. Others
6.2. Market Attractiveness Analysis, by Technology
7. Home Automation Market Analysis, by Type
7.1. Home Automation Market Size (US$ Bn) Analysis & Forecast, by Type, 2017–2031
7.1.1. Luxury
7.1.2. Mainstream
7.1.3. DIY
7.1.4. Managed
7.2. Market Attractiveness Analysis, by Type
8. Home Automation Market Analysis and Forecast, by Region
8.1. Home Automation Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Region, 2017–2031
8.1.1. North America
8.1.2. Europe
8.1.3. Asia Pacific
8.1.4. Middle East & Africa
8.1.5. South America
8.2. Market Attractiveness Analysis, by Region
9. North America Home Automation Market Analysis and Forecast
9.1. Market Snapshot
9.2. Drivers and Restraints: Impact Analysis
9.3. Home Automation Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Component, 2017–2031
9.3.1. Safety and Security
9.3.1.1. Hardware
9.3.1.1.1. Security Cameras
9.3.1.1.2. Monitors
9.3.1.1.3. Fire Extinguishers
9.3.1.1.4. Others (Doorbells, Water Leak & Freeze Detector, etc.)
9.3.1.2. Software
9.3.1.3. Services
9.3.2. Access Control
9.3.2.1. Biometric Access Control
9.3.2.1.1. Facial Recognition
9.3.2.1.2. Iris Recognition
9.3.2.1.3. Fingerprint Recognition
9.3.2.1.4. Others (Hand Geometry Biometrics, Retina Pattern, etc.)
9.3.2.2. Non Biometric Access Control
9.3.3. Lighting System
9.3.3.1. Drivers & Ballasts
9.3.3.2. Relays
9.3.3.3. Sensors
9.3.3.4. Dimmers
9.3.3.5. Switches
9.3.3.6. Others (Accessories)
9.3.4. Entertainment System
9.3.4.1. Home Theater Systems
9.3.4.2. Audio Video Control Systems
9.3.4.3. Others
9.3.5. Heating Ventilation and Air Conditioning (HVAC)
9.3.5.1. Actuators
9.3.5.2. Sensors and Transducers
9.3.5.3. Thermostats
9.3.5.4. Ducted Split Systems
9.3.5.5. Humidifiers
9.3.5.6. UV Air Purifiers
9.3.5.7. Others (Energy Meter, Control Valve, etc.)
9.3.6. Others (Smoke Detector, Smart Plugs, etc.)
9.4. Home Automation Market Size (US$ Bn) Analysis & Forecast, by Technology, 2017–2031
9.4.1. Wired
9.4.1.1. Power Line Communication (PLC)
9.4.1.2. Ethernet
9.4.1.3. Fiber Optics
9.4.2. Wireless
9.4.2.1. ZigBee
9.4.2.2. Wi-Fi
9.4.2.3. Bluetooth
9.4.2.4. Others
9.5. Home Automation Market Size (US$ Bn) Analysis & Forecast, by Type, 2017–2031
9.5.1. Luxury
9.5.2. Mainstream
9.5.3. DIY
9.5.4. Managed
9.6. Home Automation Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017–2031
9.6.1. The U.S.
9.6.2. Canada
9.6.3. Rest of America
9.7. Market Attractiveness Analysis
9.7.1. By Component
9.7.2. By Technology
9.7.3. By Type
9.7.4. By Country and Sub-region
10. Europe Home Automation Market Analysis and Forecast
10.1. Market Snapshot
10.2. Drivers and Restraints: Impact Analysis
10.3. Home Automation Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Component, 2017–2031
10.3.1. Safety and Security
10.3.1.1. Hardware
10.3.1.1.1. Security Cameras
10.3.1.1.2. Monitors
10.3.1.1.3. Fire Extinguishers
10.3.1.1.4. Others (Doorbells, Water Leak & Freeze Detector, etc.)
10.3.1.2. Software
10.3.1.3. Services
10.3.2. Access Control
10.3.2.1. Biometric Access Control
10.3.2.1.1. Facial Recognition
10.3.2.1.2. Iris Recognition
10.3.2.1.3. Fingerprint Recognition
10.3.2.1.4. Others (Hand Geometry Biometrics, Retina Pattern, etc.)
10.3.2.2. Non Biometric Access Control
10.3.3. Lighting System
10.3.3.1. Drivers & Ballasts
10.3.3.2. Relays
10.3.3.3. Sensors
10.3.3.4. Dimmers
10.3.3.5. Switches
10.3.3.6. Others (Accessories)
10.3.4. Entertainment System
10.3.4.1. Home Theater Systems
10.3.4.2. Audio Video Control Systems
10.3.4.3. Others
10.3.5. Heating Ventilation and Air Conditioning (HVAC)
10.3.5.1. Actuators
10.3.5.2. Sensors and Transducers
10.3.5.3. Thermostats
10.3.5.4. Ducted Split Systems
10.3.5.5. Humidifiers
10.3.5.6. UV Air Purifiers
10.3.5.7. Others (Energy Meter, Control Valve, etc.)
10.3.6. Others (Smoke Detector, Smart Plugs, etc.)
10.4. Home Automation Market Size (US$ Bn) Analysis & Forecast, by Technology, 2017–2031
10.4.1. Wired
10.4.1.1. Power Line Communication (PLC)
10.4.1.2. Ethernet
10.4.1.3. Fiber Optics
10.4.2. Wireless
10.4.2.1. ZigBee
10.4.2.2. Wi-Fi
10.4.2.3. Bluetooth
10.4.2.4. Others
10.5. Home Automation Market Size (US$ Bn) Analysis & Forecast, by Type, 2017–2031
10.5.1. Luxury
10.5.2. Mainstream
10.5.3. DIY
10.5.4. Managed
10.6. Home Automation Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017–2031
10.6.1. Germany
10.6.2. U.K.
10.6.3. France
10.6.4. Rest of Europe
10.7. Market Attractiveness Analysis
10.7.1. By Component
10.7.2. By Technology
10.7.3. By Type
10.7.4. By Country and Sub-region
11. Asia Pacific Home Automation Market Analysis and Forecast
11.1. Market Snapshot
11.2. Drivers and Restraints: Impact Analysis
11.3. Home Automation Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Component, 2017–2031
11.3.1. Safety and Security
11.3.1.1. Hardware
11.3.1.1.1. Security Cameras
11.3.1.1.2. Monitors
11.3.1.1.3. Fire Extinguishers
11.3.1.1.4. Others (Doorbells, Water Leak & Freeze Detector, etc.)
11.3.1.2. Software
11.3.1.3. Services
11.3.2. Access Control
11.3.2.1. Biometric Access Control
11.3.2.1.1. Facial Recognition
11.3.2.1.2. Iris Recognition
11.3.2.1.3. Fingerprint Recognition
11.3.2.1.4. Others (Hand Geometry Biometrics, Retina Pattern, etc.)
11.3.2.2. Non Biometric Access Control
11.3.3. Lighting System
11.3.3.1. Drivers & Ballasts
11.3.3.2. Relays
11.3.3.3. Sensors
11.3.3.4. Dimmers
11.3.3.5. Switches
11.3.3.6. Others (Accessories)
11.3.4. Entertainment System
11.3.4.1. Home Theater Systems
11.3.4.2. Audio Video Control Systems
11.3.4.3. Others
11.3.5. Heating Ventilation and Air Conditioning (HVAC)
11.3.5.1. Actuators
11.3.5.2. Sensors and Transducers
11.3.5.3. Thermostats
11.3.5.4. Ducted Split Systems
11.3.5.5. Humidifiers
11.3.5.6. UV Air Purifiers
11.3.5.7. Others (Energy Meter, Control Valve, etc.)
11.3.6. Others (Smoke Detector, Smart Plugs, etc.)
11.4. Home Automation Market Size (US$ Bn) Analysis & Forecast, by Technology, 2017–2031
11.4.1. Wired
11.4.1.1. Power Line Communication (PLC)
11.4.1.2. Ethernet
11.4.1.3. Fiber Optics
11.4.2. Wireless
11.4.2.1. ZigBee
11.4.2.2. Wi-Fi
11.4.2.3. Bluetooth
11.4.2.4. Others
11.5. Home Automation Market Size (US$ Bn) Analysis & Forecast, by Type, 2017–2031
11.5.1. Luxury
11.5.2. Mainstream
11.5.3. DIY
11.5.4. Managed
11.6. Home Automation Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017–2031
11.6.1. China
11.6.2. Japan
11.6.3. India
11.6.4. South Korea
11.6.5. ASEAN
11.6.6. Rest of Asia Pacific
11.7. Market Attractiveness Analysis
11.7.1. By Component
11.7.2. By Technology
11.7.3. By Type
11.7.4. By Country and Sub-region
12. Middle East & Africa Home Automation Market Analysis and Forecast
12.1. Market Snapshot
12.2. Drivers and Restraints: Impact Analysis
12.3. Home Automation Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Component, 2017–2031
12.3.1. Safety and Security
12.3.1.1. Hardware
12.3.1.1.1. Security Cameras
12.3.1.1.2. Monitors
12.3.1.1.3. Fire Extinguishers
12.3.1.1.4. Others (Doorbells, Water Leak & Freeze Detector, etc.)
12.3.1.2. Software
12.3.1.3. Services
12.3.2. Access Control
12.3.2.1. Biometric Access Control
12.3.2.1.1. Facial Recognition
12.3.2.1.2. Iris Recognition
12.3.2.1.3. Fingerprint Recognition
12.3.2.1.4. Others (Hand Geometry Biometrics, Retina Pattern, etc.)
12.3.2.2. Non Biometric Access Control
12.3.3. Lighting System
12.3.3.1. Drivers & Ballasts
12.3.3.2. Relays
12.3.3.3. Sensors
12.3.3.4. Dimmers
12.3.3.5. Switches
12.3.3.6. Others (Accessories)
12.3.4. Entertainment System
12.3.4.1. Home Theater Systems
12.3.4.2. Audio Video Control Systems
12.3.4.3. Others
12.3.5. Heating Ventilation and Air Conditioning (HVAC)
12.3.5.1. Actuators
12.3.5.2. Sensors and Transducers
12.3.5.3. Thermostats
12.3.5.4. Ducted Split Systems
12.3.5.5. Humidifiers
12.3.5.6. UV Air Purifiers
12.3.5.7. Others (Energy Meter, Control Valve, etc.)
12.3.6. Others (Smoke Detector, Smart Plugs, etc.)
12.4. Home Automation Market Size (US$ Bn) Analysis & Forecast, by Technology, 2017–2031
12.4.1. Wired
12.4.1.1. Power Line Communication (PLC)
12.4.1.2. Ethernet
12.4.1.3. Fiber Optics
12.4.2. Wireless
12.4.2.1. ZigBee
12.4.2.2. Wi-Fi
12.4.2.3. Bluetooth
12.4.2.4. Others
12.5. Home Automation Market Size (US$ Bn) Analysis & Forecast, by Type, 2017–2031
12.5.1. Luxury
12.5.2. Mainstream
12.5.3. DIY
12.5.4. Managed
12.6. Home Automation Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017–2031
12.6.1. GCC
12.6.2. South Africa
12.6.3. Rest of Middle East & Africa
12.7. Market Attractiveness Analysis
12.7.1. By Component
12.7.2. By Technology
12.7.3. By Type
12.7.4. By Country and Sub-region
13. South America Home Automation Market Analysis and Forecast
13.1. Market Snapshot
13.2. Drivers and Restraints: Impact Analysis
13.3. Home Automation Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Component, 2017–2031
13.3.1. Safety and Security
13.3.1.1. Hardware
13.3.1.1.1. Security Cameras
13.3.1.1.2. Monitors
13.3.1.1.3. Fire Extinguishers
13.3.1.1.4. Others (Doorbells, Water Leak & Freeze Detector, etc.)
13.3.1.2. Software
13.3.1.3. Services
13.3.2. Access Control
13.3.2.1. Biometric Access Control
13.3.2.1.1. Facial Recognition
13.3.2.1.2. Iris Recognition
13.3.2.1.3. Fingerprint Recognition
13.3.2.1.4. Others (Hand Geometry Biometrics, Retina Pattern, etc.)
13.3.2.2. Non Biometric Access Control
13.3.3. Lighting System
13.3.3.1. Drivers & Ballasts
13.3.3.2. Relays
13.3.3.3. Sensors
13.3.3.4. Dimmers
13.3.3.5. Switches
13.3.3.6. Others (Accessories)
13.3.4. Entertainment System
13.3.4.1. Home Theater Systems
13.3.4.2. Audio Video Control Systems
13.3.4.3. Others
13.3.5. Heating Ventilation and Air Conditioning (HVAC)
13.3.5.1. Actuators
13.3.5.2. Sensors and Transducers
13.3.5.3. Thermostats
13.3.5.4. Ducted Split Systems
13.3.5.5. Humidifiers
13.3.5.6. UV Air Purifiers
13.3.5.7. Others (Energy Meter, Control Valve, etc.)
13.3.6. Others (Smoke Detector, Smart Plugs, etc.)
13.4. Home Automation Market Size (US$ Bn) Analysis & Forecast, by Technology, 2017–2031
13.4.1. Wired
13.4.1.1. Power Line Communication (PLC)
13.4.1.2. Ethernet
13.4.1.3. Fiber Optics
13.4.2. Wireless
13.4.2.1. ZigBee
13.4.2.2. Wi-Fi
13.4.2.3. Bluetooth
13.4.2.4. Others
13.5. Home Automation Market Size (US$ Bn) Analysis & Forecast, by Type, 2017–2031
13.5.1. Luxury
13.5.2. Mainstream
13.5.3. DIY
13.5.4. Managed
13.6. Home Automation Market Size (US$ Bn) and Volume (Million Units) Analysis & Forecast, by Country and Sub-region, 2017–2031
13.6.1. Brazil
13.6.2. Rest of South America
13.7. Market Attractiveness Analysis
13.7.1. By Component
13.7.2. By Technology
13.7.3. By Type
13.7.4. By Country and Sub-region
14. Competition Assessment
14.1. Global Home Automation Market Competition Matrix - a Dashboard View
14.1.1. Global Home Automation Market Company Share Analysis, by Value (2021)
14.1.2. Technological Differentiator
15. Company Profiles (Global Manufacturers/Suppliers)
15.1. ABB Ltd.
15.1.1. Overview
15.1.2. Product Portfolio
15.1.3. Sales Footprint
15.1.4. Key Subsidiaries or Distributors
15.1.5. Strategy and Recent Developments
15.1.6. Key Financials
15.2. Crestron Electronics, Inc.
15.2.1. Overview
15.2.2. Product Portfolio
15.2.3. Sales Footprint
15.2.4. Key Subsidiaries or Distributors
15.2.5. Strategy and Recent Developments
15.2.6. Key Financials
15.3. HARMAN
15.3.1. Overview
15.3.2. Product Portfolio
15.3.3. Sales Footprint
15.3.4. Key Subsidiaries or Distributors
15.3.5. Strategy and Recent Developments
15.3.6. Key Financials
15.4. Honeywell International Inc.
15.4.1. Overview
15.4.2. Product Portfolio
15.4.3. Sales Footprint
15.4.4. Key Subsidiaries or Distributors
15.4.5. Strategy and Recent Developments
15.4.6. Key Financials
15.5. Johnson Controls International
15.5.1. Overview
15.5.2. Product Portfolio
15.5.3. Sales Footprint
15.5.4. Key Subsidiaries or Distributors
15.5.5. Strategy and Recent Developments
15.5.6. Key Financials
15.6. Legrand SA
15.6.1. Overview
15.6.2. Product Portfolio
15.6.3. Sales Footprint
15.6.4. Key Subsidiaries or Distributors
15.6.5. Strategy and Recent Developments
15.6.6. Key Financials
15.7. Lutron Electronics Co., Inc
15.7.1. Overview
15.7.2. Product Portfolio
15.7.3. Sales Footprint
15.7.4. Key Subsidiaries or Distributors
15.7.5. Strategy and Recent Developments
15.7.6. Key Financials
15.8. Nice North America LLC
15.8.1. Overview
15.8.2. Product Portfolio
15.8.3. Sales Footprint
15.8.4. Key Subsidiaries or Distributors
15.8.5. Strategy and Recent Developments
15.8.6. Key Financials
15.9. SAMSUNG
15.9.1. Overview
15.9.2. Product Portfolio
15.9.3. Sales Footprint
15.9.4. Key Subsidiaries or Distributors
15.9.5. Strategy and Recent Developments
15.9.6. Key Financials
15.10. Savant Systems, Inc
15.10.1. Overview
15.10.2. Product Portfolio
15.10.3. Sales Footprint
15.10.4. Key Subsidiaries or Distributors
15.10.5. Strategy and Recent Developments
15.10.6. Key Financials
15.11. Schneider Electric SE
15.11.1. Overview
15.11.2. Product Portfolio
15.11.3. Sales Footprint
15.11.4. Key Subsidiaries or Distributors
15.11.5. Strategy and Recent Developments
15.11.6. Key Financials
15.12. Siemens AG
15.12.1. Overview
15.12.2. Product Portfolio
15.12.3. Sales Footprint
15.12.4. Key Subsidiaries or Distributors
15.12.5. Strategy and Recent Developments
15.12.6. Key Financials
15.13. Snap One, LLC
15.13.1. Overview
15.13.2. Product Portfolio
15.13.3. Sales Footprint
15.13.4. Key Subsidiaries or Distributors
15.13.5. Strategy and Recent Developments
15.13.6. Key Financials
16. Recommendation
16.1. Opportunity Assessment
16.1.1. By Component
16.1.2. By Technology
16.1.3. By Type
16.1.4. By Region
List of Tables
Table 01: Global Home Automation Market Size & Forecast, by Component, Value (US$ Bn), 2017–2031
Table 02: Global Home Automation Market Size & Forecast, by Component, Volume (Million Units), 2017–2031
Table 03: Global Home Automation Market Size & Forecast, by Technology, Value (US$ Bn), 2017–2031
Table 04: Global Home Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017–2031
Table 05: Global Home Automation Market Size & Forecast, by Region, Value (US$ Bn), 2017–2031
Table 06: Global Home Automation Market Size & Forecast, by Region, Volume (Million Units), 2017–2031
Table 07: North America Home Automation Market Size & Forecast, by Component, Value (US$ Bn), 2017–2031
Table 08: North America Home Automation Market Size & Forecast, by Component, Volume (Million Units), 2017–2031
Table 09: North America Home Automation Market Size & Forecast, by Technology, Value (US$ Bn), 2017–2031
Table 10: North America Home Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017–2031
Table 11: North America Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017–2031
Table 12: North America Home Automation Market Size & Forecast, by Country and Sub-region, Volume (Million Units), 2017–2031
Table 13: Europe Home Automation Market Size & Forecast, by Component, Value (US$ Bn), 2017–2031
Table 14: Europe Home Automation Market Size & Forecast, by Component, Volume (Million Units), 2017–2031
Table 15: Europe Home Automation Market Size & Forecast, by Technology, Value (US$ Bn), 2017–2031
Table 16: Europe Home Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017–2031
Table 17: Europe Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017–2031
Table 18: Europe Home Automation Market Size & Forecast, by Country and Sub-region, Volume (Million Units), 2017–2031
Table 19: Asia Pacific Home Automation Market Size & Forecast, by Component, Value (US$ Bn), 2017–2031
Table 20: Asia Pacific Home Automation Market Size & Forecast, by Component, Volume (Million Units), 2017–2031
Table 21: Asia Pacific Home Automation Market Size & Forecast, by Technology, Value (US$ Bn), 2017–2031
Table 22: Asia Pacific Home Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017–2031
Table 23: Asia Pacific Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017–2031
Table 24: Asia Pacific Home Automation Market Size & Forecast, by Country and Sub-region, Volume (Million Units), 2017–2031
Table 25: Middle East & Africa Home Automation Market Size & Forecast, by Component, Value (US$ Bn), 2017–2031
Table 26: Middle East & Africa Home Automation Market Size & Forecast, by Component, Volume (Million Units), 2017–2031
Table 27: Middle East & Africa Home Automation Market Size & Forecast, by Technology, Value (US$ Bn), 2017–2031
Table 28: Middle East & Africa Home Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017–2031
Table 29: Middle East & Africa Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017–2031
Table 30: Middle East & Africa Home Automation Market Size & Forecast, by Country and Sub-region, Volume (Million Units), 2017–2031
Table 31: South America Home Automation Market Size & Forecast, by Component, Value (US$ Bn), 2017–2031
Table 32: South America Home Automation Market Size & Forecast, by Component, Volume (Million Units), 2017–2031
Table 33: South America Home Automation Market Size & Forecast, by Technology, Value (US$ Bn), 2017–2031
Table 34: South America Home Automation Market Size & Forecast, by Type, Value (US$ Bn), 2017–2031
Table 35: South America Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017–2031
Table 36: South America Home Automation Market Size & Forecast, by Country and Sub-region, Volume (Million Units), 2017–2031
List of Figures
Figure 01: Global Home Automation Price Trend Analysis (Average Price, US$)
Figure 02: Global Home Automation Market, Value (US$ Bn), 2017–2031
Figure 03: Global Home Automation Market, Y-O-Y Value (US$ Bn), 2017–2031
Figure 04: Global Home Automation Market, Volume (Million Units), 2017–2031
Figure 05: Global Home Automation Market, Y-O-Y Volume (Million Units), 2017–2031
Figure 06: Global Home Automation Market Projections, by Component, Value (US$ Bn), 2017–2031
Figure 07: Global Home Automation Market, Incremental Opportunity, by Component, Value (US$ Bn), 2022–2031
Figure 08: Global Home Automation Market Share, by Component, Value (US$ Bn), 2022–2031
Figure 09: Global Home Automation Market Projections, by Technology, Value (US$ Bn), 2017–2031
Figure 10: Global Home Automation Market, Incremental Opportunity, by Technology, Value (US$ Bn), 2022–2031
Figure 11: Global Home Automation Market Share, by Technology, Value (US$ Bn), 2022–2031
Figure 12: Global Home Automation Market Projections, by Type, Value (US$ Bn), 2017–2031
Figure 13: Global Home Automation Market, Incremental Opportunity, by Type, Value (US$ Bn), 2022–2031
Figure 14: Global Home Automation Market Share, by Type, Value (US$ Bn), 2022–2031
Figure 15: Global Home Automation Market Size & Forecast, by Region, Value (US$ Bn), 2017–2031
Figure 16: Global Home Automation Market Attractiveness, by Region, Value (US$ Bn), 2022–2031
Figure 17: Global Home Automation Market Size & Forecast, by Region, Value (US$ Bn), 2022–2031
Figure 18: North America Home Automation Market, Value (US$ Bn), 2017–2031
Figure 19: North America Home Automation Market, Y-O-Y Value (US$ Bn), 2017–2031
Figure 20: North America Home Automation Market, Volume (Million Units), 2017–2031
Figure 21: North America Home Automation Market, Y-O-Y Volume (Million Units), 2017–2031
Figure 22: North America Home Automation Market Projections, by Component, Value (US$ Bn), 2017–2031
Figure 23: North America Home Automation Market, Incremental Opportunity, by Component, Value (US$ Bn), 2022–2031
Figure 24: North America Home Automation Market Share, by Component, Value (US$ Bn), 2022–2031
Figure 25: North America Home Automation Market Projections, by Technology, Value (US$ Bn), 2017–2031
Figure 26: North America Home Automation Market, Incremental Opportunity, by Technology, Value (US$ Bn), 2022–2031
Figure 27: North America Home Automation Market Share, by Technology, Value (US$ Bn), 2022–2031
Figure 28: North America Home Automation Market Projections, by Type, Value (US$ Bn), 2017–2031
Figure 29: North America Home Automation Market, Incremental Opportunity, by Type, Value (US$ Bn), 2022–2031
Figure 30: North America Home Automation Market Share, by Type, Value (US$ Bn), 2022–2031
Figure 31: North America Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017–2031
Figure 32: North America Home Automation Market Attractiveness, by Country and Sub-region, Value (US$ Bn), 2022–2031
Figure 33: North America Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2022–2031
Figure 34: Europe Home Automation Market, Value (US$ Bn), 2017–2031
Figure 35: Europe Home Automation Market, Y-O-Y Value (US$ Bn), 2017–2031
Figure 36: Europe Home Automation Market, Volume (Million Units), 2017–2031
Figure 37: Europe Home Automation Market, Y-O-Y Volume (Million Units), 2017–2031
Figure 38: Europe Home Automation Market Projections, by Component, Value (US$ Bn), 2017–2031
Figure 39: Europe Home Automation Market, Incremental Opportunity, by Component, Value (US$ Bn), 2022–2031
Figure 40: Europe Home Automation Market Share, by Component, Value (US$ Bn), 2022–2031
Figure 41: Europe Home Automation Market Projections, by Technology, Value (US$ Bn), 2017–2031
Figure 42: Europe Home Automation Market, Incremental Opportunity, by Technology, Value (US$ Bn), 2022–2031
Figure 43: Europe Home Automation Market Share, by Technology, Value (US$ Bn), 2022–2031
Figure 44: Europe Home Automation Market Projections, by Type, Value (US$ Bn), 2017–2031
Figure 45: Europe Home Automation Market, Incremental Opportunity, by Type, Value (US$ Bn), 2022–2031
Figure 46: Europe Home Automation Market Share, by Type, Value (US$ Bn), 2022–2031
Figure 47: Europe Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017–2031
Figure 48: Europe Home Automation Market Attractiveness, by Country and Sub-region, Value (US$ Bn), 2022–2031
Figure 49: Europe Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2022–2031
Figure 50: Asia Pacific Home Automation Market, Value (US$ Bn), 2017–2031
Figure 51: Asia Pacific Home Automation Market, Y-O-Y Value (US$ Bn), 2017–2031
Figure 52: Asia Pacific Home Automation Market, Volume (Million Units), 2017–2031
Figure 53: Asia Pacific Home Automation Market, Y-O-Y Volume (Million Units), 2017–2031
Figure 54: Asia Pacific Home Automation Market Projections, by Component, Value (US$ Bn), 2017–2031
Figure 55: Asia Pacific Home Automation Market, Incremental Opportunity, by Component, Value (US$ Bn), 2022–2031
Figure 56: Asia Pacific Home Automation Market Share, by Component, Value (US$ Bn), 2022–2031
Figure 57: Asia Pacific Home Automation Market Projections, by Technology, Value (US$ Bn), 2017–2031
Figure 58: Asia Pacific Home Automation Market, Incremental Opportunity, by Technology, Value (US$ Bn), 2022–2031
Figure 59: Asia Pacific Home Automation Market Share, by Technology, Value (US$ Bn), 2022–2031
Figure 60: Asia Pacific Home Automation Market Projections, by Type, Value (US$ Bn), 2017–2031
Figure 61: Asia Pacific Home Automation Market, Incremental Opportunity, by Type, Value (US$ Bn), 2022–2031
Figure 62: Asia Pacific Home Automation Market Share, by Type, Value (US$ Bn), 2022–2031
Figure 63: Asia Pacific Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017–2031
Figure 64: Asia Pacific Home Automation Market Attractiveness, by Country and Sub-region, Value (US$ Bn), 2022–2031
Figure 65: Asia Pacific Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2022–2031
Figure 66: Middle East & Africa Home Automation Market, Value (US$ Bn), 2017–2031
Figure 67: Middle East & Africa Home Automation Market, Y-O-Y Value (US$ Bn), 2017–2031
Figure 68: Middle East & Africa Home Automation Market, Volume (Million Units), 2017–2031
Figure 69: Middle East & Africa Home Automation Market, Y-O-Y Volume (Million Units), 2017–2031
Figure 70: Middle East & Africa Home Automation Market Projections, by Component, Value (US$ Bn), 2017–2031
Figure 71: Middle East & Africa Home Automation Market, Incremental Opportunity, by Component, Value (US$ Bn), 2022–2031
Figure 72: Middle East & Africa Home Automation Market Share, by Component, Value (US$ Bn), 2022–2031
Figure 73: Middle East & Africa Home Automation Market Projections, by Technology, Value (US$ Bn), 2017–2031
Figure 74: Middle East & Africa Home Automation Market, Incremental Opportunity, by Technology, Value (US$ Bn), 2022–2031
Figure 75: Middle East & Africa Home Automation Market Share, by Technology, Value (US$ Bn), 2022–2031
Figure 76: Middle East & Africa Home Automation Market Projections, by Type, Value (US$ Bn), 2017–2031
Figure 77: Middle East & Africa Home Automation Market, Incremental Opportunity, by Type, Value (US$ Bn), 2022–2031
Figure 78: Middle East & Africa Home Automation Market Share, by Type, Value (US$ Bn), 2022–2031
Figure 79: Middle East & Africa Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017–2031
Figure 80: Middle East & Africa Home Automation Market Attractiveness, by Country and Sub-region, Value (US$ Bn), 2022–2031
Figure 81: Middle East & Africa Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2022–2031
Figure 82: South America Home Automation Market, Value (US$ Bn), 2017–2031
Figure 83: South America Home Automation Market, Y-O-Y Value (US$ Bn), 2017–2031
Figure 84: South America Home Automation Market, Volume (Million Units), 2017–2031
Figure 85: South America Home Automation Market, Y-O-Y Volume (Million Units), 2017–2031
Figure 86: South America Home Automation Market Projections, by Component, Value (US$ Bn), 2017–2031
Figure 87: South America Home Automation Market, Incremental Opportunity, by Component, Value (US$ Bn), 2022–2031
Figure 88: South America Home Automation Market Share, by Component, Value (US$ Bn), 2022–2031
Figure 89: South America Home Automation Market Projections, by Technology, Value (US$ Bn), 2017–2031
Figure 90: South America Home Automation Market, Incremental Opportunity, by Technology, Value (US$ Bn), 2022–2031
Figure 91: South America Home Automation Market Share, by Technology, Value (US$ Bn), 2022–2031
Figure 92: South America Home Automation Market Projections, by Type, Value (US$ Bn), 2017–2031
Figure 93: South America Home Automation Market, Incremental Opportunity, by Type, Value (US$ Bn), 2022–2031
Figure 94: South America Home Automation Market Share, by Type, Value (US$ Bn), 2022–2031
Figure 95: South America Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2017–2031
Figure 96: South America Home Automation Market Attractiveness, by Country and Sub-region, Value (US$ Bn), 2022–2031
Figure 97: South America Home Automation Market Size & Forecast, by Country and Sub-region, Value (US$ Bn), 2022–2031
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