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United States Smart Home Market by Application, Products, Active Household Numbers, Penetration Rate, Company Analysis, Forecast

  • ID: 5308280
  • Report
  • March 2021
  • Region: United States
  • 185 Pages
  • Renub Research

FEATURED COMPANIES

  • Acuity brands
  • Brinks Home Security
  • Sleep Number Corporation

Smart homes are a term used for a wide range of solutions to monitor, control, and automate purpose in a home. The smart home system needs a smartphone application or web portal to interact with an automated system as a user interface. Smart homes appliances and devices can be perpetually controlled, far away from any internet-connected place using a mobile or other networked device. With the smart home's arrival, the desire for convenience has created a revolutionary new market in the United States. According to the publisher, the United States Smart Home Market is expected to reach US$ 70,126.7 Million by 2026.

According to the 2019 Media Post, 69% of United States houses own at least one smart home product. According to the Consumer Technology Association (CTA) study, 83 million households and approximately 22 million homes own more than one smart home product. Americans prefer smart gadgets over traditional methods most because of their Control and Connectivity application. As per the research study, the United States Home Internet of Things (IoT) Devices Market is predicted to grow with a double-digit CAGR of 19.83% from 2020 to 2026.

There are various types of Smart home products present in the United States to satisfy different costumers' requirements. The constant increase in physical crime and cyber-attack on smart home appliances led to Security Household Penetration growth. Americans are inclined towards Interactive Security System, Smart door lock, smart doorbells, smart locks, smart cameras, smart thermostats, smart lights, and Door/window sensor to make their family and home more secure when they are not around or gone for a long trip. Sound and entertainment play a significant role in smart home owing to their features and usability. The smart speaker uses voice command to control intelligent devices to make daily American life easy.

The United States Smart Homes market is highly fierce and embodies several major players. In terms of market share, a handful of the major players forthwith control the smart home market in the United States. The companies covered in this report are Honeywell International Inc., Acuity brands, Brink home Security, Sleep Number Corporation and Spectrum Brands Holdings, Inc. As per this market research report, the United States Smart Home Market was US$ 23,668 Million in 2020.

This latest report titled “United States Smart Home Market by Application, Products, Active Household Numbers, Penetration rate, Company (Honeywell International Inc., Acuity brands, Brinks home Security, Sleep number Corporation, Spectrum Brands Holdings, Inc.)” report provides current trends and analysis of United States Smart Home Industry.

Application - Market, Volume & Households Penetration break up into 6 Segments, and each of these segments is further divided into 3 sub-segments

1. Energy Management

a. Energy Management Market
b. Number of Active Households
c. Application Household Penetration

2. Comfort and Lighting

a. Comfort and Lighting Market
b. Number of Active Households
c. Application Household Penetration

3. Home Entertainment

a. Home Entertainment Market
b. Number of Active Households
c. Application Household Penetration

4. Control and Connectivity

a. Control and Connectivity Market
b. Number of Active Households
c. Application Household Penetration

5. Security

a. Security Market
b. Number of Active Households
c. Application Household Penetration

6. Smart Appliances

a. Smart Appliances Market
b. Number of Active Households
c. Application Household Penetration

Products - Market and Volume breakup of 15 Smart Home Products in USA

1. Smart Speaker
2. Interactive Security System
3. Smart Thermostat
4. Monitoring Camera
5. Video Doorbell
6. Smart Light Bulb
7. Motion Sensor
8. Smart Light Switch
9. Door/Window Sensor
10. Smart Door Lock
11. Smart Plug
12. Smart Smoke Detector
13. Garage Door Opener
14. Smart Electrical Socket
15. Others

Company have been covered from 3 Viewpoints

  • Overview
  • Recent Development
  • Revenue

Company Analysis

1. Honeywell International Inc.
2. Acuity brands
3. Brinks home Security
4. Sleep number Corporation
5. Spectrum Brands Holdings, Inc.

Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Acuity brands
  • Brinks Home Security
  • Sleep Number Corporation

1. Introduction

2. Research & Methodology

3. Executive Summary

4. United States Smart Home Standardization Policy

5. Market Dynamics
5.1 Growth Driver
5.2 Challenges

6. United States Smart Home Market

7. Share Analysis - United States Smart Home Market
7.1 Market Share
7.1.1 By Application
7.1.2 By Products
7.2 Volume Share
7.2.1 By Application

8. Application - Market, Number of Active Households & Households Penetration
8.1 Energy Management
8.1.1 Energy Management Market
8.1.2 Number of Active Households
8.1.3 Application Household Penetration
8.2 Comfort and Lighting
8.2.1 Comfort and Lighting Market
8.2.2 Number of Active Households
8.2.3 Application Household Penetration
8.3 Home Entertainment
8.3.1 Home Entertainment Market
8.3.2 Number of Active Households
8.3.3 Application Household Penetration
8.4 Control and Connectivity
8.4.1 Control and Connectivity Market
8.4.2 Number of Active Households
8.4.3 Application Household Penetration
8.5 Security
8.5.1 Security Market
8.5.2 Number of Active Households
8.5.3 Application Household Penetration
8.6 Smart Appliances
8.6.1 Smart Appliances Market
8.6.2 Number of Active Households
8.6.3 Application Household Penetration

9. Products
9.1 Smart Speaker
9.2 Interactive Security System
9.3 Smart Thermostat
9.4 Monitoring Camera
9.5 Video Doorbell
9.6 Smart Light Bulb
9.7 Motion Sensor
9.8 Smart Light Switch
9.9 Door / Window Sensor
9.10 Smart Door Lock
9.11 Smart plug
9.12 Smart Smoke Detector
9.13 Garage Door Opener
9.14 Smart Electrical Socket
9.15 Others

10. Merger & Acquisitions

11. Company Analysis
11.1 Honeywell International Inc.
11.1.1 Overview
11.1.2 Recent Development
11.1.3 Revenue
11.2 Acuity brands
11.2.1 Overview
11.2.2 Recent Development
11.2.3 Revenue
11.3 Brinks Home Security
11.3.1 Overview
11.3.2 Recent Development
11.3.3 Revenue
11.4 Sleep number Corporation
11.4.1 Overview
11.4.2 Recent Development
11.4.3 Revenue
11.5 Spectrum Brands Holdings, Inc.
11.5.1 Overview
11.5.2 Recent Development
11.5.3 Revenue

List of Figures:
Figure-01: United States - Smart Home Market (Million US$), 2017 - 2020
Figure-02: United States - Forecast for Smart Home Market (Million US$), 2021 - 2026
Figure-03: United States - Active Household Number (Million), 2017 - 2020
Figure-04: United States - Forecast for Active Household Number (Million), 2021 - 2026
Figure-05: United States - Household Penetration (Rate), 2017 - 2020
Figure-06: United States - Forecast for Household Penetration (Rate), 2021 - 2026
Figure-07: Application - Energy Management Market (Million US$), 2017 - 2020
Figure-08: Application - Forecast for Energy Management Market (Million US$), 2021 - 2026
Figure-09: Energy Management - Application Number of Active Households (Million), 2017 - 2020
Figure-10: Energy Management - Forecast for Number of Active Households (Million), 2021 - 2026
Figure-11: Energy Management - Application Household (Penetration Rate), 2017 - 2020
Figure-12: Energy Management - Forecast for Application Household (Penetration Rate), 2021 - 2026
Figure-13: Application - Comfort and Lighting Market (Million US$), 2017 - 2020
Figure-14: Application - Forecast for Comfort and Lighting Market (Million US$), 2021 - 2026
Figure-15: Comfort and Lighting - Application Number of Active Households (Million), 2017 - 2020
Figure-16: Comfort and Lighting - Forecast for Application Number of Active Households (Million), 2021 - 2026
Figure-17: Comfort and Lighting - Application Household (Penetration Rate), 2017 - 2020
Figure-18: Comfort and Lighting - Forecast for Application Household (Penetration Rate), 2021 - 2026
Figure-19: Application - Home Entertainment Market (Million US$), 2017 - 2020
Figure-20: Application - Forecast for Home Entertainment Market (Million US$), 2021 - 2026
Figure-21: Home Entertainment - Number of Active Households (Million), 2017 - 2020
Figure-22: Home Entertainment - Forecast for Number of Active Households (Million), 2021 - 2026
Figure-23: Home Entertainment - Application Household (Penetration Rate), 2017 - 2020
Figure-24: Home Entertainment - Forecast for Application Household (Penetration Rate), 2021 - 2026
Figure-25: Application - Control and Connectivity Market (Million US$), 2017 - 2020
Figure-26: Application - Forecast for Control and Connectivity Market (Million US$), 2021 - 2026
Figure-27: Control and Connectivity - Number of Active Households (Million), 2017 - 2020
Figure-28: Control and Connectivity - Forecast for Number of Active Households (Million), 2021 - 2026
Figure-29: Control and Connectivity - Application Household (Penetration Rate), 2017 - 2020
Figure-30: Control and Connectivity - Forecast for Application Household (Penetration Rate), 2021 - 2026
Figure-31: Application - Security Market (Million US$), 2017 - 2020
Figure-32: Application - Forecast for Security Market (Million US$), 2021 - 2026
Figure-33: Security - Number of Active Households (Million), 2017 - 2020
Figure-34: Security - Forecast for Number of Active Households (Million), 2021 - 2026
Figure-35: Security - Application Household (Penetration Rate), 2017 - 2020
Figure-36: Security - Forecast for Application Household (Penetration Rate), 2021 - 2026
Figure-37: Application - Smart Appliances Market (Million US$), 2017 - 2020
Figure-38: Application - Forecast for Smart Appliances Market (Million US$), 2021 - 2026
Figure-39: Smart Appliances - Number of Active Households (Million), 2017 - 2020
Figure-40: Smart Appliances - Forecast for Number of Active Households (Million), 2021 - 2026
Figure-41: Smart Appliances - Application Household (Penetration Rate), 2017 - 2020
Figure-42: Smart Appliances - Forecast for Application Household (Penetration Rate), 2021 - 2026
Figure-43: Products - Smart Speaker Market (Million US$), 2017 - 2020
Figure-44: Products - Forecast for Smart Speaker Market (Million US$), 2021 - 2026
Figure-45: Products - Interactive Security System Market (Million US$), 2017 - 2020
Figure-46: Products - Forecast for Interactive Security System Market (Million US$), 2021 - 2026
Figure-47: Products - Smart Thermostat Market (Million US$), 2017 - 2020
Figure-48: Products - Forecast for Smart Thermostat Market (Million US$), 2021 - 2026
Figure-49: Products - Monitoring Camera Market (Million US$), 2017 - 2020
Figure-50: Products - Forecast for Monitoring Camera Market (Million US$), 2021 - 2026
Figure-51: Products - Video Doorbell Market (Million US$), 2017 - 2020
Figure-52: Products - Forecast for Video Doorbell Market (Million US$), 2021 - 2026
Figure-53: Products - Smart Light Bulb Market (Million US$), 2017 - 2020
Figure-54: Products - Forecast for Smart Light Bulb Market (Million US$), 2021 - 2026
Figure-55: Products - Motion Sensor Market (Million US$), 2017 - 2020
Figure-56: Products - Forecast for Motion Sensor Market (Million US$), 2021 - 2026
Figure-57: Products - Smart Light Switch Market (Million US$), 2017 - 2020
Figure-58: Products - Forecast for Smart Light Switch Market (Million US$), 2021 - 2026
Figure-59: Products - Door/Window Sensor Market (Million US$), 2017 - 2020
Figure-60: Products - Forecast for Door/Window Sensor Market (Million US$), 2021 - 2026
Figure-61: Products - Smart Door Lock Market (Million US$), 2017 - 2020
Figure-62: Products - Forecast for Smart Door Lock Market (Million US$), 2021 - 2026
Figure-63: Products - Smart Plug Market (Million US$), 2017 - 2020
Figure-64: Products - Forecast for Smart PlugMarket (Million US$), 2021 - 2026
Figure-65: Products - Smart Smoke Detector Market (Million US$), 2017 - 2020
Figure-66: Products - Forecast for Smart Smoke Detector Market (Million US$), 2021 - 2026
Figure-67: Products - Garage Door Opener Market (Million US$), 2017 - 2020
Figure-68: Products - Forecast for Garage Door Opener Market (Million US$), 2021 - 2026
Figure-69: Products - Smart Electrical Socket Market (Million US$), 2017 - 2020
Figure-70: Products - Forecast for Smart Electrical Socket Market (Million US$), 2021 - 2026
Figure-71: Products - Others Market (Million US$), 2017 - 2020
Figure-72: Products - Forecast for Others Market (Million US$), 2021 - 2026
Figure-73: Global - Honeywell International Inc. Revenue (Million US$), 2017 - 2020
Figure-74: Global - Forecast for Honeywell International Inc. Revenue (Million US$), 2021 - 2026
Figure-75: Global - Acuity Brands Revenue (Million US$), 2017 - 2020
Figure-76: Global - Forecast for Acuity Brands Revenue (Million US$), 2021 - 2026
Figure-77: Global - Brinks Home Security Revenue (Million US$), 2017 - 2020
Figure-78: Global - Forecast for Brinks Home Security Revenue (Million US$), 2021 - 2026
Figure-79: Global - Sleep Number Corporation Revenue (Million US$), 2017 - 2020
Figure-80: Global - Forecast for Sleep Number Corporation Revenue (Million US$), 2021 - 2026
Figure-81: Global - Spectrum Brands Holdings, Inc. Revenue (Million US$), 2017 - 2020
Figure-82: Global - Forecast for Spectrum Brands Holdings, Inc. Revenue (Million US$), 2021 - 2026

List of Tables:
Table-01: Application - Smart Home Market Share (Percent), 2017 - 2020
Table-02: Application - Forecast for Smart Home Market Share (Percent), 2021 - 2026
Table-03: Products - Smart Home Market Share (Percent), 2019 - 2020
Table-04: Products - Forecast for Smart Home Market Share (Percent), 2021 - 2026
Table-05: Application - Smart Home Active Households Share (Percent), 2017 - 2020
Table-06: Application - Forecast for Smart Home Active Households Share (Percent), 2021 - 2026

Note: Product cover images may vary from those shown
  • Honeywell International Inc.
  • Acuity brands
  • Brinks home Security
  • Sleep number Corporation
  • Spectrum Brands Holdings, Inc.
Note: Product cover images may vary from those shown

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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