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Home Automation System Market by Product (Lighting Control (Switch, Occupancy Sensor), Security & Access Control, HVAC Control (Pump & Fan, Control Valve), Entertainment & Other Controls), Software & Service & Geography - Global Forecast to 2022

  • ID: 3714628
  • April 2016
  • Region: Global
  • 209 Pages
  • Markets and Markets
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Global Market for Home Automation Systems Expected to Grow at a CAGR of 12.46% Between 2016 and 2022 from USD 32.11 Billion in 2015 to USD 78.27 Billion by 2022

FEATURED COMPANIES

  • ABB Ltd.
  • Acuity Brands, Inc.
  • Ingersoll-Rand PLC
  • Johnson Controls Inc.
  • Legrand
  • Nest Labs Inc.
  • MORE

The global market for home automation systems is expected to grow at a CAGR of 12.46% between 2016 and 2022 from USD 32.11 billion in 2015 to USD 78.27 billion by 2022. The significant growth in the Internet of Things (IoT) products and applications, cost reduction measures enabled by home automation systems (due to technological or any other advancements), and growing importance of home monitoring from remote locations along with the continuous addition of new products by leading manufacturers are some of the major factors driving the growth of the home automation system market worldwide.
Smart thermostat is expected to grow at the highest rate in the home automation system market
Smart thermostats are installed in most North American homes and they offer attractive opportunities for energy companies and service providers in the home automation system market in the region. Smart thermostats provide details of energy consumption within the household via monthly reports, thereby enabling the end users to take steps to reduce their electricity bills. This factor is expected to drive the growth of the HVAC control market in the other regions as well during the forecast period.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • ABB Ltd.
  • Acuity Brands, Inc.
  • Ingersoll-Rand PLC
  • Johnson Controls Inc.
  • Legrand
  • Nest Labs Inc.
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Home Automation System Market
4.2 Home Automation System Market - Top Products
4.3 Market, By Product and Region
4.4 Market, By Geography (2015)
4.5 Global Market Size Based on Software and Service

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Home Automation System Market, By Lighting Control
5.2.2 Market, By Security and Access Control
5.2.3 Home Automation System Market, By HVAC Control
5.2.4 Market, By Entertainment Control
5.2.5 Market, By Communication Protocol and Technology
5.2.6 Market, By Software & Service
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Significantly Growing Iot Market
5.3.1.2 Cost Reduction Measures Enabled By Home Automation Systems
5.3.1.3 Large Number of Manufacturers Expanding Their Product Portfolios
5.3.1.4 Increasing Importance of Home Monitoring From Remote Locations
5.3.2 Restraints
5.3.2.1 Many of the Products of Home Automation Industry to Reach Maturity Level
5.3.2.2 Market is More Convenience-Driven Than Necessity-Driven
5.3.3 Opportunities
5.3.3.1 Lighting Controllers to Incorporate In-Built Data-Connectivity Technology
5.3.3.2 Favorable Government Regulations in Several Countries
5.3.4 Challenges
5.3.4.1 Risk of Device Malfunctioning

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter’s Five Forces Model
6.3.1 Threat of New Entrants
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Suppliers
6.3.4 Bargaining Power of Buyers
6.3.5 Intensity of Competitive Rivalry

7 Protocols and Technologies Used in Home Automation Systems
7.1 Introduction
7.2 Network Technologies
7.2.1 CDMA Networks
7.2.2 GSM/HSPA Networks
7.2.3 Lte Networks
7.3 Protocols & Standards
7.3.1 Digital Addressable Lighting Interface (DALI)
7.3.2 National Electrical Manufacturers Association (NEMA)
7.3.3 KNX
7.3.4 Digital Multiplexer (DMX)
7.3.5 Lonworks
7.3.6 Ethernet
7.3.7 Modbus
7.3.8 Building Automation and Control Network (Bacnet)
7.3.9 Black Box
7.3.10 Power Line Communication (PLC)
7.4 Wireless Communication Technologies
7.4.1 Zigbee
7.4.2 Z-Wave
7.4.3 Wi-Fi
7.4.4 Bluetooth
7.4.5 Enocean
7.4.6 Thread

8 Home Automation System Market, By Product
8.1 Lighting Control
8.1.1 Introduction
8.1.2 Relays
8.1.3 Occupancy Sensors
8.1.4 Daylight Sensors
8.1.5 Timers
8.1.6 Dimmers
8.1.7 Switches
8.1.8 Accessories and Other Products
8.2 Security and Access Control
8.2.1 Introduction
8.2.2 Video Surveillance
8.2.2.1 Hardware
8.2.2.1.1 Security Cameras
8.2.2.1.2 Storage Devices
8.2.2.1.3 Monitors
8.2.2.1.4 Accessories
8.2.2.2 Software/Video Analytics
8.2.2.3 Services
8.2.3 Access Control
8.2.3.1 Biometric Access Control
8.2.3.1.1 Facial Recognition
8.2.3.1.2 Iris Recognition
8.2.3.1.3 Fingerprint Recognition
8.2.3.1.4 Others
8.2.3.2 Non-Biometric Access Control
8.3 HVAC Control
8.3.1 Introduction
8.3.2 Smart Thermostats
8.3.3 Sensors
8.3.4 Control Valves
8.3.5 Heating and Cooling Coils
8.3.6 Dampers
8.3.7 Actuators
8.3.8 Pumps & Fans
8.3.9 Smart Vents
8.4 Entertainment and Other Controls
8.4.1 Introduction
8.4.2 Entertainment Control
8.4.2.1 Audio, Volume, & Multimedia Controls
8.4.2.2 Home Theater System Controls
8.4.2.3 Touchscreens and Keypads
8.4.3 Other Controls
8.4.3.1 Smart Meters
8.4.3.2 Smart Plugs
8.4.3.3 Smart Hubs
8.4.3.4 Smart Locks
8.4.3.5 Smoke Detectors

9 Home Automation System Market, By Software & Service
9.1 Introduction
9.2 Behavioral
9.3 Proactive

10 Home Automation System Market, By Geography
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia-Pacific
10.5 Rest of the World

11 Competitive Landscape
11.1 Overview
11.2 Market Share Analysis: Home Automation System Market
11.3 Competitive Situation and Trends
11.3.1 New Product Launches
11.3.2 Contracts, Collaborations, and Agreements
11.3.3 Mergers and Acquisitions

12 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development)*
12.1 Honeywell International, Inc.
12.2 Legrand
12.3 Ingersoll-Rand PLC
12.4 Johnson Controls Inc.
12.5 Schneider Electric SE
12.6 Siemens AG
12.7 ABB Ltd.
12.8 Acuity Brands, Inc.
12.9 United Technologies Corporation
12.10 Samsung Electronics Co., Ltd.
12.11 Nest Labs Inc.
12.12 Crestron Electronics, Inc.

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies

13 Appendix
13.1 Discussion Guide
13.2 Introducing Rt: Real-Time Market Intelligence

List of Tables

Table 1 Home Automation System Market for Entertainment & Other Controls, By Type, 2013-2022 (USD Billion)
Table 2 Driver Analysis
Table 3 Restraint Analysis
Table 4 Opportunity Analysis
Table 5 Challenge Analysis
Table 6 Market for Lighting Control, By Product, 2013-2022 (USD Million)
Table 7 Home Automation System Market for Lighting Control, By Region, 2013-2022 (USD Million)
Table 8 Market for Lighting Control, By Product, 2013-2022 (Thousand Units)
Table 9 Market for Lighting Control, By Region, 2013-2022 (Thousand Units)
Table 10 Home Automation System Market for Relays, By Region,2013-2022 (USD Million)
Table 11 Home Automation System Market for Relays, By Region,2013-2022 (Thousand Units)
Table 12 Home Automation System Market for Occupancy Sensors, By Region, 2013-2022 (USD Million)
Table 13 Home Automation System Market for Occupancy Sensors, By Region, 2013-2022 (Thousand Units)
Table 14 Market for Daylight Sensors, By Region, 2013-2022 (USD Million)
Table 15 Home Automation System Market for Daylight Sensors, By Region, 2013-2022 (Thousand Units)
Table 16 Home Automation System Market for Timers, By Region,2013-2022 (USD Million)
Table 17 Market for Timers, By Region,2013-2022 (Thousand Units)
Table 18 Home Automation System Market for Dimmers, By Region,2013-2022 (USD Million)
Table 19 Home Automation System Market for Dimmers, By Region,2013-2022 (Thousand Units)
Table 20 Market for Switches, By Region,2013-2022 (USD Million)
Table 21 Market for Switches, By Region,2013-2022 (Thousand Units)
Table 22 Home Automation System Market for Global Accessories & Other Products, By Region, 2013-2022 (USD Million)
Table 23 Home Automation System Market for Global Accessories & Other Products, By Region, 2013-2022 (Thousand Units)
Table 24 Market for Security and Access Control, By Product, 2013-2022 (USD Billion)
Table 25 Home Automation System Market for Security and Access Control, By Region, 2013-2022 (USD Million)
Table 26 Market for Security and Access Control, By Product, 2013-2022 (Thousand Units)
Table 27 Market for Security and Access Control, By Region, 2013-2022 (Thousand Units)
Table 28 Security and Access Control Market for Video Surveillance, By Type, 2013-2022 (USD Million)
Table 29 Security and Access Control Market for Video Surveillance, By Region, 2013-2022 (USD Million)
Table 30 Security and Access Control Market for Video Surveillance, By Region, 2013-2022 (Thousand Units)
Table 31 Security and Access Control Market for Access Control, By Type, 2013-2022 (USD Million)
Table 32 Security and Access Control Market for Access Control, By Region, 2013-2022 (USD Million)
Table 33 Security and Access Control Market for Access Control, By Type, 2013-2022 (Thousand Units)
Table 34 Security and Access Control Market for Access Control, By Region, 2013-2022 (Thousand Units)
Table 35 Security and Access Control Market for Biometric Access Control, By Type, 2013-2022 (USD Million)
Table 36 Security and Access Control Market for Biometric Access Control, By Region, 2013-2022 (USD Million)
Table 37 Security and Access Control Market for Biometric Access Control, By Type, 2013-2022 (Thousand Units)
Table 38 Security and Access Control Market for Biometric Access Control, By Region, 2013-2022 (Thousand Units)
Table 39 Security and Access Control Market for Non-Biometric Access Control, By Region, 2013-2022 (USD Million)
Table 40 Security and Access Control Market for Non-Biometric Access Control, By Region, 2013-2022 (Thousand Units)
Table 41 Home Automation Market for HVAC Control, By Product,2013-2022 (USD Million)
Table 42 Home Automation Market for HVAC Control, By Region,2013-2022 (USD Million)
Table 43 Home Automation Market for HVAC Control, By Product,2013-2022 (Thousand Units)
Table 44 Home Automation Market for HVAC Control, By Region,2013-2022 (Thousand Units)
Table 45 HVAC Control Market for Smart Thermostats, By Region,2013-2022 (USD Million)
Table 46 HVAC Control Market for Smart Thermostats, By Region,2013-2022 (Thousand Units)
Table 47 HVAC Control Market for Sensors, By Region, 2013-2022 (USD Million)
Table 48 HVAC Control Market for Sensors, By Region,2013-2022 (Thousand Units)
Table 49 HVAC Control Market for Control Valves, By Region,2013-2022 (USD Million)
Table 50 HVAC Control Market for Control Valves, By Region,2013-2022 (Thousand Units)
Table 51 HVAC Control Market for Heating & Cooling Coils, By Region,2013-2022 (USD Million)
Table 52 HVAC Control Market for Heating & Cooling Coils, By Region,2013-2022 (Thousand Units)
Table 53 HVAC Control Market for Dampers, By Region, 2013-2022 (USD Million)
Table 54 HVAC Control Market for Dampers, By Region,2013-2022 (Thousand Units)
Table 55 HVAC Control Market for Actuators, By Region,2013-2022 (USD Million)
Table 56 HVAC Control Market for Actuators, By Region,2013-2022 (Thousand Units)
Table 57 HVAC Control Market for Pumps & Fans, By Region,2013-2022 (USD Million)
Table 58 HVAC Control Market for Pumps & Fans, By Region,2013-2022 (Thousand Units)
Table 59 HVAC Control Market for Smart Vents, By Region,2013-2022 (USD Million)
Table 60 HVAC Control Market for Smart Vents, By Region,2013-2022 (Thousand Units)
Table 61 Home Automation System Market for Entertainment & Other Controls, By Type, 2013-2022 (USD Billion)
Table 62 Market for Entertainment & Other Controls, By Type, 2013-2022 (Million Units)
Table 63 Market for Entertainment & Other Controls, By Region, 2013-2022 (USD Billion)
Table 64 Home Automation System Market for Entertainment & Other Controls, By Region, 2013-2022 (Million Units)
Table 65 Entertainment & Other Controls Market for Entertainment Control, By Product, 2013-2022 (USD Billion)
Table 66 Entertainment & Other Controls Market for Entertainment Control, By Product, 2013-2022 (Million Units)
Table 67 Entertainment & Other Controls Market for Entertainment Control, By Region, 2013-2022 (USD Billion)
Table 68 Entertainment & Other Controls Market for Entertainment Control, By Region, 2013-2022 (Million Units)
Table 69 Entertainment Control Market for Audio, Volume, & Multimedia Controls, By Region, 2013-2022 (USD Million)
Table 70 Entertainment Control Market for Audio, Volume, & Multimedia Room Controls, By Region, 2013-2022 (Million Units)
Table 71 Entertainment Control Market for Home Theater System Controls, By Region, 2013-2022 (USD Million)
Table 72 Entertainment Control Market for Home Theater System Controls, By Region, 2013-2022 (Thousand Units)
Table 73 Entertainment Control Market for Touchscreens & Keypads, By Region, 2013-2022 (USD Million)
Table 74 Entertainment Control Market for Touchscreens & Keypads, By Region, 2013-2022 (Thousand Units)
Table 75 Entertainment & Other Controls Market for Other Controls, By Product, 2013-2022 (USD Million)
Table 76 Entertainment & Other Controls Market for Other Controls, By Product, 2013-2022 (Million Units)
Table 77 Entertainment & Other Controls Market for Other Controls, By Region, 2013-2022 (USD Billion)
Table 78 Entertainment & Other Controls Market for Other Controls, By Region, 2013-2022 (Million Units)
Table 79 Other Controls Market for Smart Meters, By Region,2013-2022 (USD Billion)
Table 80 Other Controls Market for Smart Meters, By Region,2013-2022 (Million Units)
Table 81 Other Controls Market for Smart Plugs, By Region,2013-2022 (USD Million)
Table 82 Other Controls Market for Smart Plugs, By Region,2013-2022 (Thousand Units)
Table 83 Other Controls Market for Smart Hubs, By Region,2013-2022 (USD Million)
Table 84 Other Controls Market for Smart Hubs Market Size, By Region,2013-2022 (Thousand Units)
Table 85 Other Controls Market for Smart Locks, By Region,2013-2022 (USD Million)
Table 86 Other Controls Market for Smart Locks, By Region,2013-2022 (Thousand Units)
Table 87 Other Controls Market for Smoke Detectors, By Region,2013-2022 (USD Million)
Table 88 Other Controls Market for Smoke Detectors, By Region,2013-2022 (Million Units)
Table 89 Home Automation System Market for Software and Service, By Type, 2013-2022 (USD Million)
Table 90 Market, By Region, 2013-2022 (USD Billion)
Table 91 Market, By Region, 2013-2022 (Million Units)
Table 92 Home Automation System Market in North America, By Country,2013-2022 (USD Billion)
Table 93 Lighting Control Market in North America, By Product,2013-2022 (USD Million)
Table 94 Lighting Control Market in North America, By Product,2013-2022 (Thousand Units)
Table 95 Security & Access Control Market in North America, By Product,2013-2022 (USD Million)
Table 96 Access Control Market in North America, By Type,2013-2022 (USD Million)
Table 97 Security & Access Control Market in North America, By Product2013-2022 (Thousand Units)
Table 98 Access Control Market in North America, By Type2013-2022 (Thousand Units)
Table 99 HVAC Control Market in North America, By Product,2013-2022 (USD Million)
Table 100 HVAC Control Market in North America, By Product,2013-2022 (Thousand Units)
Table 101 Entertainment & Other Control Market in North America, By Type, 2013-2022 (USD Million)
Table 102 Entertainment Control Market in North America, By Product,2013-2022 (USD Million)
Table 103 Other Controls Market in North America, By Product,2013-2022 (USD Million)
Table 104 Entertainment & Other Controls Market in North America, By Type, 2013-2022 (Thousand Units)
Table 105 Entertainment Control Market in North America, By Product,2013-2022 (Thousand Units)
Table 106 Other Controls Market in North America, By Product,2013-2022 (Thousand Units)
Table 107 Market in Europe, By Geography,2013-2022 (USD Million)
Table 108 Lighting Control Market in Europe, By Product,2013-2022 (USD Million)
Table 109 Lighting Control Market in Europe, By Product,2013-2022 (Thousand Units)
Table 110 Security & Access Control Market in Europe, By Product,2013-2022 (USD Million)
Table 111 Access Control Market in Europe, By Type, 2013-2022 (USD Million)
Table 112 Security & Access Control Market in Europe, By Product,2013-2022 (Thousand Units)
Table 113 Access Control Market in Europe, By Type, 2013-2022 (Thousand Units)
Table 114 HVAC Control Market in Europe, By Product, 2013-2022 (USD Million)
Table 115 HVAC Control Market in Europe, By Product, 2013-2022 (Thousand Units)
Table 116 Entertainment & Other Controls Market in Europe, By Type,2013-2022 (USD Million)
Table 117 Entertainment Control Market in Europe, By Product,2013-2022 (USD Million)
Table 118 Other Controls Market in Europe, By Product, 2013-2022 (USD Million)
Table 119 Entertainment & Other Control Market in Europe, By Product,2013-2022 (Thousand Units)
Table 120 Entertainment Control Market in Europe, By Product,2013-2022 (Thousand Units)
Table 121 Other Controls Market in Europe, By Product,2013-2022 (Thousand Units)
Table 122 Market in APAC, By Geography,2013-2022 (USD Million)
Table 123 Lighting Control Market in APAC, By Product, 2013-2022 (USD Million)
Table 124 Lighting Control Market in APAC, By Product,2013-2022 (Thousand Units)
Table 125 Security & Access Control Market in APAC, By Product,2013-2022 (USD Million)
Table 126 Access Control Market in APAC, By Type, 2013-2022 (USD Million)
Table 127 Security & Access Control Market in APAC, By Product,2013-2022 (Thousand Units)
Table 128 Access Control Market in APAC, By Type, 2013-2022 (Thousand Units)
Table 129 HVAC Control Market in APAC, By Product, 2013-2022 (USD Million)
Table 130 HVAC Control Market in APAC, By Product, 2013-2022 (Thousand Units)
Table 131 Entertainment & Other Controls Market in APAC, By Type,2013-2022 (USD Million)
Table 132 Entertainment Control Market in APAC, By Product,2013-2022 (USD Million)
Table 133 Other Controls Market in APAC, By Product, 2013-2022 (USD Million)
Table 134 Entertainment & Other Controls Market in APAC, By Product,2013-2022 (Thousand Units)
Table 135 Entertainment Control Market in APAC, By Product,2013-2022 (Thousand Units)
Table 136 Other Controls Market in APAC, By Product,
Table 137 Market in RoW, By Region,2013-2022 (USD Million)
Table 138 Lighting Control Market in RoW, By Product, 2013-2022 (USD Million)
Table 139 Lighting Control Market in RoW, By Product,
Table 140 Security & Access Control Market in RoW, By Product2013-2022 (USD Million)
Table 141 Access Control Market in RoW, By Type, 2013-2022 (USD Million)
Table 142 Security & Access Control Market in RoW, By Product,2013-2022 (Thousand Units)
Table 143 Access Control Market in RoW, By Type, 2013-2022 (Thousand Units)
Table 144 HVAC Control Market in RoW, By Product, 2013-2022 (USD Million)
Table 145 HVAC Control Market in RoW, By Product, 2013-2022 (Thousand Units)
Table 146 Entertainment & Other Controls Market in RoW, By Type,2013-2022 (USD Million)
Table 147 Entertainment Control Market in RoW, By Product,2013-2022 (USD Million)
Table 148 Other Controls Market in RoW, By Product, 2013-2022 (USD Million)
Table 149 Entertainment & Other Controls Market in RoW, By Type,2013-2022 (Thousand Units)
Table 150 Entertainment Control Market in RoW, By Product,2013-2022 (Thousand Units)
Table 151 Other Controls Market in RoW, By Product,
Table 152 New Product Launches, 2015-2016
Table 153 Contracts, Collaborations and Agreements, 2015-2016
Table 154 Mergers and Acquisitions, 2014-2016
Table 155 Honeywell International Inc.: Products Offered
Table 156 Legrand: Products Offered
Table 157 Ingersoll-Rand PLC: Products Offered
Table 158 Johnson Controls Inc.: Products Offered
Table 159 Schneider Electric SE: Products Offered
Table 160 Siemens AG: Products Offered
Table 161 Siemens AG: Services Offered
Table 162 ABB Ltd.: Products Offered
Table 163 Acuity Brands, Inc.: Products Offered
Table 164 United Technologies Corporation: Products Offered
Table 165 Nest Labs, Inc.: Products Offered
Table 166 Crestron Electronics, Inc.: Products Offered

List of Figures

Figure 1 Market Segmentation
Figure 2 Home Automation System Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Home Automation System Market: Data Triangulation Model
Figure 6 Market Snapshot (USD Billion), 2013-2022
Figure 7 Global Home Automation System: Market Share (2015)
Figure 8 Video Surveillance to Dominate the Security and Access Control Market in 2022
Figure 9 HVAC Control Market Snapshot, 2015 vs. 2022 (USD Million)
Figure 10 Home Automation System Market to Grow at Significant Rate Between 2016 and 2022
Figure 11 Entertainment and Other Control Products Expected to Hold the Largest Market Share During the Forecast Period
Figure 12 North America Held the Largest Share of the Home Automation System Market in 2015
Figure 13 China and Japan Expected to Grow at the Highest Rate By 2022
Figure 14 Proactive Type to Hold the Largest Share of the Software and Service Market By 2022
Figure 15 Market, By Geography
Figure 16 Drivers, Restraints, Opportunities, and Challenges for the Home Automation System Market
Figure 17 Value Chain Analysis: Major Value Addition is Done During the Manufacturing Stage
Figure 18 Porter’s Five Forces Analysis
Figure 19 Porter’s Analysis: Home Automation System
Figure 20 Medium Impact of Threat of New Entrants
Figure 21 Low Impact of Threat of Substitutes
Figure 22 Medium Impact of Bargaining Power of Suppliers
Figure 23 Medium Impact of Bargaining Power of Buyers
Figure 24 High Impact of Intensity of Competitive Rivalry
Figure 25 Different Protocols & Technologies
Figure 26 A Simple GSM/HSPA Network Set-Up
Figure 27 Wiring for DALI Fluorescent Dimming
Figure 28 Lonworks Network Setup
Figure 29 Wireless Communication Technologies Used in Home Automation Systems
Figure 30 Different Types of Lighting Control Products
Figure 31 Home Automation System Market for Lighting Control, 2015 & 2022
Figure 32 North America Held the Largest Market Size in Terms of Value, 2015
Figure 33 Different Security Control Technologies
Figure 34 Video Surveillance to Dominate the Security and Access Control Market
Figure 35 The Hardware Components to Dominate the Video Surveillance Market By 2022
Figure 36 Access Control Market Size, 2015 & 2022
Figure 37 Different HVAC Control Products and Components
Figure 38 Global HVAC Control Market, 2015 vs. 2022
Figure 39 North America Expected to Lead the Entertainment & Other Controls Market in 2016
Figure 40 Different Entertainment Controls
Figure 41 Home Theater System Control to Grow at the Highest CAGR During the Forecast Period
Figure 42 Other Controls Segmentation
Figure 43 APAC to Grow at the Highest CAGR During the Forecast Period
Figure 44 Proactive Type Market to Grow at High CAGR Between 2016 & 2022
Figure 45 Home Automation System Market: Geographic Snapshot, 2015 & CAGR (2016-2022)
Figure 46 North America: Market Snapshot
Figure 47 Asia-Pacific: Market Snapshot
Figure 48 Companies Adopted New Product Launches as the Key Growth Strategy Between 2014 and 2016
Figure 49 Global Home Automation System Market Share, By Key Player, 2015
Figure 50 Battle for Market Share: New Product Launches and Developments Was the Key Strategy
Figure 51 Geographic Revenue Mix of Five Players
Figure 52 Honeywell International Inc.: Company Snapshot
Figure 53 Honeywell International, Inc.: SWOT Analysis
Figure 54 Legrand: Company Snapshot
Figure 55 Legrand: SWOT Analysis
Figure 56 Ingersoll-Rand PLC: Company Snapshot
Figure 57 Ingersoll-Rand PLC: SWOT Analysis
Figure 58 Johnson Controls Inc.: Company Snapshot
Figure 59 Johnson Controls Inc.: SWOT Analysis
Figure 60 Schneider Electric SE: Company Snapshot
Figure 61 Schneider Electric SE: SWOT Analysis
Figure 62 Siemens AG: Company Snapshot
Figure 63 Siemens AG: SWOT Analysis
Figure 64 ABB Ltd.: Company Snapshot
Figure 65 Acuity Brands, Inc.: Company Snapshot
Figure 66 United Technologies Corporation: Company Snapshot
Figure 67 Samsung Electronics Co., Ltd.: Company Snapshot

Note: Product cover images may vary from those shown
3 of 5

FEATURED COMPANIES

  • ABB Ltd.
  • Acuity Brands, Inc.
  • Ingersoll-Rand PLC
  • Johnson Controls Inc.
  • Legrand
  • Nest Labs Inc.
  • MORE

The global home automation system market is expected to grow from USD 32.11 Billion in 2015 to USD 78.27 Billion by 2022, at a CAGR of 12.46% between 2016 and 2022. The growth of the market is attributed to factors such as significant growth in IoT applications, reducing costs of home automation systems (owing to technological and other advancements), continuous strengthening of product portfolios for home automation devices by leading manufacturers, and increasing importance of remote monitoring of residential properties.

Lighting control, security & access control, HVAC control, and entertainment & other controls are the different hardware products used in the home automation system market. Entertainment has become an important part of life as it provides relaxation and rejuvenation. The most important feature of entertainment control is the ability to integrate multi-room entertainment systems. The major controls used to control and regulate the entertainment systems in home automation are audio, volume, and multimedia room controls.

The growth of the audio, volume, & multimedia room control market is driven by the convenience offered by these controls for managing as well controlling the entertainment systems within a house. The advancements in wireless communication technologies are a major factor boosting the growth of the home theater system controls market, thereby driving the overall home automation system market for entertainment control.

North America held the largest share of the home automation system market in 2015, followed by Europe and Asia-Pacific. The U.S. is expected to dominate the market in North America. The market for proactive solution under the software and service segment is expected to grow at the highest rate for home automation systems during the forecast period.

The latest home automation systems are equipped with analytical software and solutions. The proactive type of solutions and services not only transfers the energy consumption data to the end users but also gives a better sense of response to the users as to what action should be taken on the information received. This proves to be a driving factor for the growth of the home automation system market.

Home Automation System Market

The home automation systems offer convenience and sophisticated measures to operate various electronic products within the household. However, these products are usually considered as simplifying daily activities rather than as solving energy-efficiency problems. Many home owners are not yet aware of the benefits offered by these systems in terms of cost and energy saving. This acts as a restraint for the market growth, resulting in a low rate of implementation of home automation systems, especially in developing countries.

This report describes the drivers, restraints, opportunities, and challenges pertaining to the home automation system market. It further analyzes the current market scenario and forecasts the market till 2022, including the market segmentation based on product, software and service, and geography.

Some of the major companies profiled in the report are Honeywell International Inc. (U.S.), Legrand (France), Ingersoll-Rand plc. (Ireland), Johnson Controls Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), ABB Ltd. (Switzerland), Acuity Brands, Inc. (U.S.), United Technologies Corporation (U.S.), Samsung Electronics Co., Ltd. (South Korea), Nest Labs, Inc. (U.S.), and Crestron Electronics, Inc. (U.S.). The products and solutions offered by Honeywell International Inc. (U.S), a significant market player, are preferred by various service providers and homeowners worldwide.

Honeywell is also focusing on collaborations, expansions, and new product launches. It is also attempting to increase its sales and operations in developing economies such as China and India and regions such as Eastern Europe, Latin America, and the Middle East. Moreover, the company is also concentrating on enhancing its product portfolio by actively engaging with customers to design and offer innovative products according to their requirements. All these efforts would help the company to sustain its competitive position in the market in the near future.

Exteneded Description

The significant growth in the Internet of Things (IoT) products and applications, cost reduction measures enabled by home automation systems (due to technological or any other advancements), and growing importance of home monitoring from remote locations along with the continuous addition of new products by leading manufacturers are some of the major factors driving the growth of the home automation system market worldwide. The global market for home automation systems is expected to grow at a CAGR of 12.46% between 2016 and 2022 from USD 32.11 billion in 2015 to USD 78.27 billion by 2022.

Smart thermostat is expected to grow at the highest rate in the home automation system market

Smart thermostats are installed in most North American homes and they offer attractive opportunities for energy companies and service providers in the home automation system market in the region. Smart thermostats provide details of energy consumption within the household via monthly reports, thereby enabling the end users to take steps to reduce their electricity bills. This factor is expected to drive the growth of the HVAC control market in the other regions as well during the forecast period.

North Americas and Asia-Pacific are the major markets for home automation systems

North America held the largest share of the global home automation system market in 2015 because of factors such as the increasing demand for reliable home energy management systems, enhanced home security levels, and growing popularity of integration of smart devices such as tablets and smartphones in home automation solutions. The home automation system market in Asia-Pacific is expected to grow at the highest rate. Strong economic growth, increasing population and improving standards of living, and rapid urbanization leading to a sophisticated infrastructure are some of the major factors driving the growth of the market in this region.

In the process of determining and verifying the market size for several segments and subsegments gathered through the secondary research, extensive primary interviews were conducted with key people in the home automation system industry. The break-up of primary participants for the report is shown below:

- By Company Type: Tier 1- 45%, Tier 2 - 35%, and Tier 3 - 20%
- By Designation: C-level Executives - 50%, Managers - 30%, and others - 20%
- By Region: North America - 60%, Europe - 20%, Asia-Pacific - 15%, and RoW - 5%

The report profiles the key players in the home automation system market with their respective market share analysis. The prominent players profiled in this report are Honeywell International Inc. (U.S.), Legrand (France), Ingersoll-Rand plc. (Ireland), Johnson Controls Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), ABB Ltd. (Switzerland), Acuity Brands, Inc. (U.S.), United Technologies Corporation (U.S.), Samsung Electronics Co., Ltd. (South Korea), Nest Labs, Inc. (U.S.), and Crestron Electronics, Inc. (U.S.).

The report will help leaders/new entrants in this market in the following ways:

1. This report segments the home automation system market comprehensively and provides the closest market size projection for all subsegments across different regions.

2. The report helps stakeholders understand the pulse of the market and provides them with the information on key drivers, restraints, challenges, and opportunities for market growth.

3. This report would help stakeholders understand a competitor better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.

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- ABB Ltd.
- Acuity Brands, Inc.
- Crestron Electronics, Inc.
- Honeywell International, Inc.
- Ingersoll-Rand PLC
- Johnson Controls Inc.
- Legrand
- Nest Labs Inc.
- Samsung Electronics Co., Ltd.
- Schneider Electric SE
- Siemens AG
- United Technologies Corporation

Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown

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