+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Asia-Pacific Home Automation Market Outlook, 2028

  • PDF Icon

    Report

  • 109 Pages
  • November 2023
  • Region: Asia Pacific
  • Bonafide Research
  • ID: 5899823
10% Free customization
1h Free Analyst Time
10% Free customization

This report comes with 10% free customization, enabling you to add data that meets your specific business needs.

1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The Asia-Pacific home automation system market is undergoing considerable change, transforming how residents in this diverse area live, work, and interact with their living spaces. A convergence of factors, including increased urbanization, rising disposable incomes, and a growing awareness of the benefits of smart home technology, is driving this dynamic and fast-developing sector. Asia-Pacific, home to some of the world's most populated countries, is witnessing unprecedented urbanization. As people migrate from rural to urban regions in quest of greater opportunities, there is a growing demand for smarter, more efficient living spaces. As city people seek ways to improve their quality of life, this has accelerated the expansion of the home automation sector. The Asia-Pacific area is extremely diverse, with many different cultures, lifestyles, and economic differences. As a result, the home automation market in the region is not uniform. While China, Japan, and South Korea have been at the forefront of smart home technology adoption, other countries in Southeast Asia and the Indian subcontinent are catching up. This diversity fuels market growth as companies change their goods to meet the various needs of different regions. Another important motivator is convenience. Asia-Pacific homeowners are increasingly looking for solutions to simplify their lives. As a result, smart lighting, climate control, and entertainment systems have become popular. Voice-activated assistants and user-friendly smartphone apps are making it easier than ever to control and customize these features to suit individual preferences. The Asia-Pacific home automation system market is distinguished by a steady inflow of novel goods and solutions. Local and worldwide technology companies are investing extensively in research and development to meet the region's diversified customer needs. Integration of artificial intelligence (AI) and machine learning, for example, is becoming more widespread in home automation systems. These technologies allow systems to learn and adapt to the tastes of their users, making houses even more efficient and personalized.

According to the research report, “Asia-Pacific Home Automation System Market Outlook, 2028” the market is predicted to grow with more than 11% CAGR from 2023 to 2028. Voice recognition and control have also advanced significantly in the Asia-Pacific market. Leading voice-activated assistants are now accessible in many languages, which is critical in this multilingual region. This allows users to communicate with their home automation systems in their own language more easily. Several factors are contributing to the Asia-Pacific home automation system market's outstanding rise. The significant increase in disposable incomes in several countries across the area is one of the most influential causes. People are increasingly inclined to invest in home automation systems to improve their lifestyles when their financial situation improves. Furthermore, the Asia-Pacific region is distinguished by high population density in many urban centers. This has resulted in increased space constraints and a rise in emphasis on optimizing living spaces. Home automation systems, with their ability to save space and improve functionality, have become an attractive solution for urban dwellers. Some Asian governments are taking deliberate initiatives to encourage the use of home automation systems. This is frequently linked to larger sustainability and energy efficiency projects. In certain regions, incentives, subsidies, and legislation supporting the use of energy-efficient smart technology are propelling the industry. Governments in India and Japan, for example, have implemented initiatives to promote the use of solar panels and energy management systems. These programs attempt to minimize energy use and carbon emissions, aligning with global climate change efforts. Beyond individual homes, the Asia-Pacific home automation system market is expanding into a larger ecosystem of smart living. This includes the development of smart cities, where interconnected systems can improve not only individual homes but entire urban areas. These initiatives focus on efficiency, sustainability, and enhanced quality of life for residents.

Based on report market is segmented into five major countries China, Japan, India, Australia and South Korea. China is significant contributor of home automation system market in Asia-Pacific home automation system market.

The China home automation system market has undergone tremendous growth and transformation in recent years, as demand for smart living solutions has continued to climb. The home automation system market in China has risen tremendously as a result of urbanization, rising disposable incomes, and a growing emphasis on convenience, energy economy, and security. Customers in China are increasingly interested in incorporating smart technology into their homes, resulting in a lively and rapidly changing market. The rapid adoption of smartphones and the development of high-speed internet infrastructure are two significant reasons driving this increase. The expanding use of smartphones by Chinese homeowners, who can now monitor and control their smart gadgets from a distance, has increased the popularity of home automation systems. The term "smart home devices" refers to a broad category of items, ranging from voice-activated virtual assistants and security cameras to sophisticated lighting controls and thermostats. Lighting automation represents a major component of the business, which is driven by consumers need for energy-saving products as well as their desire to create unique lighting environments. As safety remains a top priority in Chinese households, security and surveillance systems are in high demand. Tmall Genie, Alibaba's well-known voice-activated virtual assistant that serves as a central hub for managing multiple smart products, is well-integrated into the daily lives of Chinese customers. Haier, one of the leading manufacturers of home appliances, has integrated smart technology into its products and assisted Chinese homes in adopting home automation.

In terms of type market is bifurcated into luxury home automation system, mainstream home automation system, diy (do it yourself) home automation system and managed home automation system. Among them mainstream home automation system is expected to lead the market of Asia-Pacific region. Based on network technology market is divided into power line-based, wired and wireless.

In the Asia-Pacific home automation industry, where economic considerations frequently play a vital part in decision-making, affordability is a significant driving force. Mainstream systems are designed to be cost-effective, making them accessible to a wider range of users. They dispel the myth that home automation is a luxury available exclusively to a privileged few. The potential to introduce advanced technology into more homes is a critical component driving mainstream systems to the market's forefront. One of the distinguishing qualities of mainstream home automation systems is their ability to meet the different needs of Asia-Pacific consumers. This enormous market includes countries with a variety of languages, lifestyles, and cultural differences. Mainstream systems are intended to be versatile and flexible, allowing users to customize and tailor their automation experience to their individual preferences. Wireless network technology is expected to grow at fastest rate in Asia-Pacific home automation system market during the forecast period. Wireless technology allows for simple installation and scalability without requiring extensive wiring or infrastructure improvements. This convenience matches well with the Asia-Pacific region's diversified and fast-growing markets, where homeowners are searching for simple solutions that can be adopted with minimal interruption to their existing arrangements. The Asia-Pacific region is rapidly urbanizing, with an increasing number of people dwelling in cities. In heavily populated cities, upgrading homes with wired solutions can be complex and expensive. Wireless technology makes it easier to upgrade existing homes and flats with minimal inconvenience.

Based on fitment market is divided into new construction and retrofit. New construction segment is expected to dominate the market of Asia-Pacific. Based on application market is divided into security and access control, lighting control, entertainment system, HVAC control, and others (smoke detector, smart plugs, etc.).

Home automation systems can be implemented from the ground up in new construction projects, allowing for the seamless integration of smart technology into the building's infrastructure. In comparison to retrofit solutions, which may include adding automation features to an existing structure, this results in a more comprehensive and integrated system. Full-system integration is often available in new construction projects, where multiple components of the home automation system, such as lighting, HVAC, security, and entertainment, can be seamlessly connected to give a holistic and synchronized smart home experience. This level of connectivity can be difficult to achieve in existing homes that have not undergone major rewiring or upgrades. Energy-efficient building designs are becoming increasingly popular in Asia-Pacific new construction projects. When home automation systems are connected from the start, they can be optimized for energy efficiency, leading to lower energy consumption and utility bills, which aligns with the growing emphasis on sustainability in the region. Lighting control application is expected to grow at the fastest rate in Asia-Pacific home automation system market. The Asia-Pacific region is rapidly urbanizing, resulting in a greater concentration of people in cities and urban regions. This has increased the demand for energy-efficient lighting solutions in residential and commercial settings, where lighting often accounts for a large amount of overall energy use. Lighting control systems can help minimize energy use while preserving illumination quality in metropolitan situations. Lighting control is becoming more popular as consumers become more aware of its benefits. People in Asia-Pacific are becoming more aware of how lighting control may improve their quality of life by boosting comfort, convenience, and ambiance. This increased awareness is prompting individuals and businesses to invest in these systems.

Companies Covered in this report:

Assa Abloy AB, ABB, Honeywell International, Inc., Larsen & Toubro Ltd, Samsung Electronics Co., Ltd., Siemens AG, Legrand, Alphabet Inc, Schneider Electric SE, Signify N.V.

Considered in this report:

  • Geography: Asia-Pacific
  • Historic year: 2017
  • Base year: 2022
  • Estimated year: 2023
  • Forecast year: 2028

Aspects covered in this report:

  • Asia-Pacific Home Automation System market Outlook with its value and forecast along with its segments
  • Country-wise Home Automation System market analysis
  • Various drivers and challenges
  • On-going trends and developments
  • Top profiled companies
  • Strategic recommendation

Country covered in the report:

  • China
  • Japan
  • India
  • Australia
  • South Korea

By Type:

  • Luxury Home Automation System
  • Mainstream Home Automation System
  • DIY (Do It Yourself) Home Automation System
  • Managed Home Automation System

By Network Technology:

  • Power Line-Based
  • Wired
  • Wireless

By Fitment:

  • New Construction
  • Retrofit

By Application:

  • Luxury Home Automation System
  • Mainstream Home Automation System
  • DIY (Do It Yourself) Home Automation System
  • Managed Home Automation System

Intended audience:

This report can be useful to industry consultants, manufacturers, suppliers, associations, and organisations related to the Home Automation System industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

Table of Contents

1. Executive Summary
2. Research Methodology
2.1. Secondary Research
2.2. Primary Data Collection
2.3. Market Formation & Validation
2.4. Report Writing, Quality Check & Delivery
3. Market Structure
3.1. Market Considerate
3.2. Assumptions
3.3. Limitations
3.4. Abbreviations
3.5. Sources
3.6. Definitions
4. Economic /Demographic Snapshot
5. Global Home Automation System Market Outlook
5.1. Market Size By Value
5.2. Market Share By Region
5.3. Market Size and Forecast, By Type
5.4. Market Size and Forecast, By Network Technology
5.5. Market Size and Forecast, By Wireless Technology
5.6. Market Size and Forecast, By Fitment
5.7. Market Size and Forecast, By Application
6. Asia-Pacific Home Automation System Market Outlook
6.1. Market Size By Value
6.2. Market Share By Country
6.3. Market Size and Forecast, By Type
6.4. Market Size and Forecast, By Network Technology
6.5. Market Size and Forecast, By Fitment
6.6. Market Size and Forecast, By Application
7. Market Dynamics
7.1. Market Drivers & Opportunities
7.2. Market Restraints & Challenges
7.3. Market Trends
7.4. Covid-19 Effect
7.5. Supply chain Analysis
7.6. Policy & Regulatory Framework
7.7. Industry Experts Views
7.8. China Home Automation System Market Outlook
7.8.1. Market Size By Value
7.8.2. Market Size and Forecast By Type
7.8.3. Market Size and Forecast By Network Technology
7.8.4. Market Size and Forecast By Fitment
7.8.5. Market Size and Forecast By Application
7.9. Japan Home Automation System Market Outlook
7.9.1. Market Size By Value
7.9.2. Market Size and Forecast By Type
7.9.3. Market Size and Forecast By Network Technology
7.9.4. Market Size and Forecast By Fitment
7.9.5. Market Size and Forecast By Application
7.10. India Home Automation System Market Outlook
7.10.1. Market Size By Value
7.10.2. Market Size and Forecast By Type
7.10.3. Market Size and Forecast By Network Technology
7.10.4. Market Size and Forecast By Fitment
7.10.5. Market Size and Forecast By Application
7.11. Australia Home Automation System Market Outlook
7.11.1. Market Size By Value
7.11.2. Market Size and Forecast By Type
7.11.3. Market Size and Forecast By Network Technology
7.11.4. Market Size and Forecast By Fitment
7.11.5. Market Size and Forecast By Application
7.12. South Korea Home Automation System Market Outlook
7.12.1. Market Size By Value
7.12.2. Market Size and Forecast By Type
7.12.3. Market Size and Forecast By Network Technology
7.12.4. Market Size and Forecast By Fitment
7.12.5. Market Size and Forecast By Application
8. Competitive Landscape
8.1. Competitive Dashboard
8.2. Business Strategies Adopted by Key Players
8.3. Key Players Market Positioning Matrix
8.4. Porter's Five Forces
8.5. Company Profile
8.5.1. Assa Abloy AB
8.5.1.1. Company Snapshot
8.5.1.2. Company Overview
8.5.1.3. Financial Highlights
8.5.1.4. Geographic Insights
8.5.1.5. Business Segment & Performance
8.5.1.6. Product Portfolio
8.5.1.7. Key Executives
8.5.1.8. Strategic Moves & Developments
8.5.2. ABB
8.5.3. Honeywell International, Inc.
8.5.4. Larsen & Toubro Ltd
8.5.5. Samsung Electronics Co., Ltd.
8.5.6. Siemens AG
8.5.7. Legrand
8.5.8. Alphabet Inc
8.5.9. Schneider Electric SE
8.5.10. Johnson Controls International PLC
8.5.11. Lutron Electronics, Inc.
8.5.12. Robert Bosch GmbH
9. Strategic Recommendations
10. Annexure
10.1. FAQ`s
10.2. Notes
10.3. Related Reports
11. Disclaimer
List of Figures
Figure 1: Global Home Automation System Market Size (USD Billion) By Region, 2022 & 2028
Figure 2: Market attractiveness Index, By Region 2028
Figure 3: Market attractiveness Index, By Segment 2028
Figure 4: Global Home Automation System Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 5: Global Home Automation System Market Share By Region (2022)
Figure 6: Asia-Pacific Home Automation System Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 7: Asia-Pacific Home Automation System Market Share By Country (2022)
Figure 8: China Home Automation System Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 9: Japan Home Automation System Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 10: India Home Automation System Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 11: Australia Home Automation System Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 12: South Korea Home Automation System Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 13: Competitive Dashboard of top 5 players, 2022
Figure 14: Porter's Five Forces of Global Home Automation System Market
List of Table
Table 1 : Global Home Automation System Market Snapshot, By Segmentation (2022 & 2028) (in USD Billion)
Table 2: Top 10 Counties Economic Snapshot 2020
Table 3: Economic Snapshot of Other Prominent Countries 2020
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5 : Global Home Automation System Market Size and Forecast, By Type (2017 to 2028F) (In USD Billion)
Table 6 : Global Home Automation System Market Size and Forecast, By Network Technology (2017 to 2028F) (In USD Billion)
Table 7 : Global Home Automation System Market Size and Forecast, By Wireless Technology (2017 to 2028F) (In USD Billion)
Table 8 : Global Home Automation System Market Size and Forecast, By Fitment (2017 to 2028F) (In USD Billion)
Table 9 : Global Home Automation System Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 10 : Asia-Pacific Home Automation System Market Size and Forecast, By Type (2017 to 2028F) (In USD Billion)
Table 11 : Asia-Pacific Home Automation System Market Size and Forecast, By Network Technology (2017 to 2028F) (In USD Billion)
Table 12 : Asia-Pacific Home Automation System Market Size and Forecast, By Fitment (2017 to 2028F) (In USD Billion)
Table 13 : Asia-Pacific Home Automation System Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 14 : Influencing Factors for Home Automation System Market, 2022
Table 15 : China Home Automation System Market Size and Forecast By Type (2017 to 2028F) (In USD Billion)
Table 16 : China Home Automation System Market Size and Forecast By Network Technology (2017 to 2028F) (In USD Billion)
Table 17 : China Home Automation System Market Size and Forecast By Fitment (2017 to 2028F) (In USD Billion)
Table 18 : China Home Automation System Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 19 : Japan Home Automation System Market Size and Forecast By Type (2017 to 2028F) (In USD Billion)
Table 20 : Japan Home Automation System Market Size and Forecast By Network Technology (2017 to 2028F) (In USD Billion)
Table 21 : Japan Home Automation System Market Size and Forecast By Fitment (2017 to 2028F) (In USD Billion)
Table 22 : Japan Home Automation System Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 23 : India Home Automation System Market Size and Forecast By Type (2017 to 2028F) (In USD Billion)
Table 24 : India Home Automation System Market Size and Forecast By Network Technology (2017 to 2028F) (In USD Billion)
Table 25 : India Home Automation System Market Size and Forecast By Fitment (2017 to 2028F) (In USD Billion)
Table 26 : India Home Automation System Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 27 : Australia Home Automation System Market Size and Forecast By Type (2017 to 2028F) (In USD Billion)
Table 28 : Australia Home Automation System Market Size and Forecast By Network Technology (2017 to 2028F) (In USD Billion)
Table 29 : Australia Home Automation System Market Size and Forecast By Fitment (2017 to 2028F) (In USD Billion)
Table 30 : Australia Home Automation System Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 31 : South Korea Home Automation System Market Size and Forecast By Type (2017 to 2028F) (In USD Billion)
Table 32 : South Korea Home Automation System Market Size and Forecast By Network Technology (2017 to 2028F) (In USD Billion)
Table 33 : South Korea Home Automation System Market Size and Forecast By Fitment (2017 to 2028F) (In USD Billion)
Table 34 : South Korea Home Automation System Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)