Home Automation System Market Research Report – Forecast to 2027

Global Home Automation System Market Research Report, By Protocol & Technology (Network and Wireless), By Product (Lighting, Security and Access Control, HVAC and Entertainment Control), Software & Algorithm (Behavioral and Proactive)- Forecast till 2027

ID: MRFR/SEM/4624-HCR | February, 2021 | Region : Global

Market Scenario


Today, technology has become an integral part of people’s lives and with the advancement of automation technology life has become simpler and easier in all aspects. In today’s era Automatic systems are being preferred over manual system. Home automation system is growing rapidly as it provides comfort, convenience, better quality of life and security for people. Home automation system makes the operations of various home appliances convenient and saves energy. It involves automatic controlling of all electronic devices in homes or even remotely through wireless communication. Home automation systems facilitate centralized control of lighting, HVAC (Heating, ventilation, and air conditioning), audio/video systems, security systems, kitchen appliances and all other equipment used in home systems. This system is implemented with the help of sensors, controlling devices, and actuators. The sensors are capable of detecting light, motion, temperature and others sensing elements, and then send that data to the primary controlling devices. Controllers can be personal computers/laptops, touchpads, smartphones and other devices which are attached to the controlling devices like programmable-logic controllers that receive information from the sensors, and based on the program, control the actuators.


The home automation system market is expected to witness growth in the forecast period due to advancement in technology. There has been a rapid increase in the number of internet users over the past decade. Also, the widespread use of smartphones and the emergence of IoT technology are the major driving factors for the growth of home automation market. However, lack of awareness about home automation products and high initial investments in home automation may restraint the adoption of home automation systems.


The Global Home Automation System Market, 2019-2026 (USD Billion)


 Home Automation System Market


Source: MRFR Analysis


Global Home Automation System market is expected to reach approximately USD 65,626.30 Billion by 2026 growing at a 12.35% CAGR over the forecast period 2019-2026.


Key Players


Some of the key players of Home Automation System market include Honeywell International Inc. (U.S.), Acuity Brands, Inc. (U.S.), Johnson Controls Inc. (U.S.), United Technologies Corporation (U.S.), Crestron Electronics, Inc. (U.S.), Legrand (France), Schneider Electric Se (France), ABB Ltd. (Switzerland), Samsung Electronics Co., Ltd. (South Korea), Siemens Ag (Germany), among others.


 The prominent players keep innovating and investing in research and development to present cost-effective offerings. Merger and acquisitions among the various players are changing the market structure.


Segmentation


By Product, the market is segmented into Lighting Control, Climate Control, Security and Access Control, HVAC Control, Entertainment Control, Energy Management Control and others.


By Protocol & Technology, the market is into Network and Wireless. By Network Technology, the market is segmented into CDMA, GSM/HSPA, LTE network. By Protocol, the market is segmented into Digital Addressable Lighting Interface(DALI),Ethernet, LONWORKS, BACnet among others. By Wireless Technology market is segmented into IR, Zigbee, Z-wave, Wi-Fi, Bluetooth, etc.


By Software & Algorithm market is segmented into Behavioral and proactive.


Regional Analysis


The geographical analysis of Home Automation System market is studied for North America, Europe Asia Pacific and the rest of the world.


North America is expected to dominate the home automation system market during the forecast period due to the presence of major key players such as United Technologies Corporation (U.S.), Honeywell International Inc. (U.S.), Johnson Controls Inc. (U.S.), Crestron Electronics, Inc. (U.S.), Acuity Brands, Inc. (U.S.) and others. Also, the rising demand for domestic energy management systems in this region is another major driving factor for the growth of the market. APAC region is expected to witness a healthy growth due to increasing number of new residential projects.


Target Audience



  • Automation & control vendors

  • Automation & control networking technology vendors

  • Real estate builders

  • System integrators

  • Homeowners

  • Project consultants

  • Designers/consultants (HVAC, security, and fire & safety)

  • Component manufacturers (sensors & controls)

  • Software and solution providers

  • Home management systems (product & service providers)

  • Associations & standards

  • Government bodies involved in green buildings

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.1.5 Bargaining power of suppliers

4.2 Value Chain/Supply Chain of Home Automation System Market

5 Industry Overview of Home Automation System Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Home Automation System Market by Product

7.1 Introduction

7.2 Lighting Control

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Climate Control

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Security and Access Control

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

7.5 Entertainment Control

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Region, 2020-2027

7.6 HVAC Control

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast by Region, 2020-2027

7.7 Energy Management Control

7.7.1 Market Estimates & Forecast, 2020-2027

7.7.2 Market Estimates & Forecast by Region, 2020-2027

7.8 Others

7.8.1 Market Estimates & Forecast, 2020-2027

7.8.2 Market Estimates & Forecast by Region, 2020-2027

8. Home Automation System Market by Protocol & Technology

8.1 Introduction

8.2 Network

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Wireless

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

9. Home Automation System Market by Network

9.1 Introduction

9.2 CDMA Networks

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Region, 2020-2027

9.3 GSM/HSPA Networks

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Region, 2020-2027

9.4 LTE Networks

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Region, 2020-2027

10. Home Automation System Market by Wireless Technology

10.1 Introduction

10.2 Zigbee

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast by Region, 2020-2027

10.3 Z-Wave

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast by Region, 2020-2027

10.4 Wi-Fi

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast by Region, 2020-2027

10.5 Bluetooth

10.5.1 Market Estimates & Forecast, 2020-2027

10.5.2 Market Estimates & Forecast by Region, 2020-2027

10.6 Infrared Ray

10.6.1 Market Estimates & Forecast, 2020-2027

10.6.2 Market Estimates & Forecast by Region, 2020-2027

11. Home Automation System Market by Software & Algorithm

11.1 Introduction

11.2 Behavioral

11.2.1 Market Estimates & Forecast, 2020-2027

11.2.2 Market Estimates & Forecast by Region, 2020-2027

11.3 Proactive

11.3.1 Market Estimates & Forecast, 2020-2027

11.3.2 Market Estimates & Forecast by Region, 2020-2027

12. Home Automation System Market by Region

12.1 Introduction

12.2 North America

12.2.1 Market Estimates & Forecast, 2020-2027

12.2.2 Market Estimates & Forecast by Product, 2020-2027

12.2.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.2.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.2.5 U.S.

12.2.5.1 Market Estimates & Forecast, 2020-2027

12.2.5.2 Market Estimates & Forecast by Product, 2020-2027

12.2.5.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.2.5.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.2.6 Canada

12.2.6.1 Market Estimates & Forecast, 2020-2027

12.2.6.2 Market Estimates & Forecast by Product, 2020-2027

12.2.6.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.2.6.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.2.7 Mexico

12.2.7.1 Market Estimates & Forecast, 2020-2027

12.2.7.2 Market Estimates & Forecast by Product, 2020-2027

12.2.7.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.2.7.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.3 Europe

12.3.1 Market Estimates & Forecast, 2020-2027

12.3.2 Market Estimates & Forecast by Product, 2020-2027

12.3.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.3.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.3.5 Germany

12.3.5.1 Market Estimates & Forecast, 2020-2027

12.3.5.2 Market Estimates & Forecast by Product, 2020-2027

12.3.5.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.3.5.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.3.6 France

12.3.6.1 Market Estimates & Forecast, 2020-2027

12.3.6.2 Market Estimates & Forecast by Product, 2020-2027

12.3.6.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.3.6.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.3.7 Italy

12.3.7.1 Market Estimates & Forecast, 2020-2027

12.3.7.2 Market Estimates & Forecast by Product, 2020-2027

12.3.7.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.3.7.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.3.8 Spain

12.3.8.1 Market Estimates & Forecast, 2020-2027

12.3.8.2 Market Estimates & Forecast by Product, 2020-2027

12.3.8.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.3.8.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.3.9 U.K

12.3.9.1 Market Estimates & Forecast, 2020-2027

12.3.9.2 Market Estimates & Forecast by Product, 2020-2027

12.3.9.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.3.9.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.4 Asia Pacific

12.4.1 Market Estimates & Forecast, 2020-2027

12.4.2 Market Estimates & Forecast by Product, 2020-2027

12.4.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.4.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.4.5 China

12.4.5.1 Market Estimates & Forecast, 2020-2027

12.4.5.2 Market Estimates & Forecast by Product, 2020-2027

12.4.5.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.4.5.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.4.6 India

12.4.6.1 Market Estimates & Forecast, 2020-2027

12.4.6.2 Market Estimates & Forecast by Product, 2020-2027

12.4.6.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.4.6.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.4.7 Japan

12.4.7.1 Market Estimates & Forecast, 2020-2027

12.4.7.2 Market Estimates & Forecast by Product, 2020-2027

12.4.7.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.4.7.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.4.8 Rest of Asia Pacific

12.4.8.1 Market Estimates & Forecast, 2020-2027

12.4.8.2 Market Estimates & Forecast by Product, 2020-2027

12.4.8.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.4.8.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.5 Rest of the World

12.5.1 Market Estimates & Forecast, 2020-2027

12.5.2 Market Estimates & Forecast by Product, 2020-2027

12.5.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.5.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.5.5 The Middle East & Africa

12.5.5.1 Market Estimates & Forecast, 2020-2027

12.5.5.2 Market Estimates & Forecast by Product, 2020-2027

12.5.5.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.5.5.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

12.5.6 Latin America

12.5.6.1 Market Estimates & Forecast, 2020-2027

12.5.6.2 Market Estimates & Forecast by Product, 2020-2027

12.5.6.3 Market Estimates & Forecast by Protocol & Technology, 2020-2027

12.5.6.4 Market Estimates & Forecast by Software & Algorithm, 2020-2027

13. Company Landscape

14. Company Profiles

14.1 Honeywell International Inc..

14.1.1 Company Overview

14.1.2 Product/Business Segment Overview

14.1.3 Financial Updates

14.1.4 Key Developments

14.2 Acuity Brands, Inc

14.2.1 Company Overview

14.2.2 Product/Business Segment Overview

14.2.3 Financial Updates

14.2.4 Key Developments

14.3 Johnson Controls Inc.

14.3.1 Company Overview

14.3.2 Product/Business Segment Overview

14.3.3 Financial Updates

14.3.4 Key Developments

14.4 United Technologies Corporation

14.4.1 Company Overview

14.4.2 Product/Business Segment Overview

14.4.3 Financial Updates

14.4.4 Key Developments

14.5 Crestron Electronics, Inc

14.5.1 Company Overview

14.5.2 Product/Business Segment Overview

14.5.3 Financial Updates

14.5.4 Key Developments

14.6 Legrand

14.6.1 Company Overview

14.6.2 Product/Business Segment Overview

14.6.3 Financial Updates

14.6.4 Key Developments

14.7 Schneider Electric Se

14.7.1 Company Overview

14.7.2 Product/Business Segment Overview

14.7.3 Financial Updates

14.7.4 Key Developments

14.8 ABB Ltd.

14.8.1 Company Overview

14.8.2 Product/Business Segment Overview

14.8.3 Financial Updates

14.8.4 Key Developments

14.9 Samsung Electronics Co., Ltd

14.9.1 Company Overview

14.9.2 Product/Business Segment Overview

14.9.3 Financial Updates

14.9.4 Key Developments

14.10 Siemens Ag

14.10.1 Company Overview

14.10.2 Product/Business Segment Overview

14.10.3 Financial Updates

14.10.4 Key Developments

15 Conclusion

List of Tables

Table 1 Home Automation System Market: By Region, 2020-2027

Table 2 North America Home Automation System Market: By Country, 2020-2027

Table 3 Europe Home Automation System Market: By Country, 2020-2027

Table 4 Asia Pacific Home Automation System Market: By Country, 2020-2027

Table 5 The Middle East & Africa Home Automation System Market: By Country, 2020-2027

Table 6 Latin America Home Automation System Market: By Country, 2020-2027

Table 7 Global Home Automation System by Solutions Market: By Regions, 2020-2027

Table 8 North America Home Automation System by Product Market: By Country, 2020-2027

Table 9 Europe Home Automation System by Product Market: By Country, 2020-2027

Table10 Asia Pacific Home Automation System by Product Market: By Country, 2020-2027

Table11 The Middle East & Africa Home Automation System by Product Market: By Country, 2020-2027

Table12 Latin America Home Automation System by Product Market: By Country, 2020-2027

Table13 Global Home Automation System by Protocol & Technology Market: By Regions, 2020-2027

Table14 North America Home Automation System by Protocol & Technology Market: By Country, 2020-2027

Table15 Europe Home Automation System by Protocol & Technology Market: By Country, 2020-2027

Table16 Asia Pacific Home Automation System by Protocol & Technology Market: By Country, 2020-2027

Table17 The Middle East & Africa Home Automation System by Protocol & Technology Market: By Country, 2020-2027

Table18 Latin America Home Automation System by Protocol & Technology Market: By Country, 2020-2027

Table19 Global Solutions Market: By Region, 2020-2027

Table20 Global Services Market: By Region, 2020-2027

Table21 North America Home Automation System Market, By Country

Table22 North America Home Automation System Market, By Product

Table23 North America Home Automation System Market, By Protocol & Technology

Table24 Europe: Home Automation System Market, By Country

Table25 Europe: Home Automation System Market, By Product

Table26 Europe: Home Automation System Market, By Protocol & Technology

LIST OF FIGURES

FIGURE 1 Global Home Automation System Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Home Automation System Market

FIGURE 4 Value Chain of Global Home Automation System Market

FIGURE 5 Share of Home Automation System Market in 2020, by country (in %)

FIGURE 6 Global Home Automation System Market, 2020-2027,

FIGURE 7 Global Home Automation System Market size by Product, 2020

FIGURE 8 Share of Global Home Automation System Market by Product, 2020 TO 2027

FIGURE 9 Global Home Automation System Market size by Protocol & Technology, 2020

FIGURE 10 Share of Global Home Automation System Market by Protocol & Technology, 2020 TO 2027

FIGURE 11 Global Home Automation System Market size by Software & Algorithm, 2020

FIGURE 12 Share of Global Home Automation System Market by Software & Algorithm, 2020 TO 2027