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Single-Family Smart Homes Global Market Report 2022

  • ID: 5515138
  • Report
  • December 2021
  • Region: Global
  • 250 Pages
  • The Business Research Company

FEATURED COMPANIES

  • Belmar Builders Inc.
  • D. R. Horton
  • KB Smart Home
  • Loxone
  • Plantation Homes
  • PULTEGROUP, INC.
Single-Family Smart Homes Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global single-family smart homes market.



This report focuses on single-family smart homes market which is experiencing strong growth. The report gives a guide to the single-family smart homes market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the single-family smart homes? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Single-Family Smart Homes market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider single-family smart homes market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The single-family smart homes market section of the report gives context. It compares the single-family smart homes market with other segments of the single-family smart homes market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, single-family smart homes indicators comparison.

Scope

Markets Covered:

  • By Product: Smart Lighting; Entertainment; Smart Appliances; Others
  • By Technology: Wi-Fi; Bluetooth; GSM/GPRS; RFID; Others
  • By Software and Service: Proactive; Behavioral

Companies Mentioned: Lennar Corporation; Meritage Homes Corporation; Metricon; Porter Davis; Henley

Countries: Brazil; China; France; Germany; India; Indonesia; Japan; South Korea; Russia; UK; USA; Australia

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions; per capita expenditure.,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.


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Frequently Asked Questions about the Global Single-Family Smart Homes Market

What is the estimated value of the Global Single-Family Smart Homes Market?

The Global Single-Family Smart Homes Market was estimated to be valued at $83.8 billion in 2022.

What is the growth rate of the Global Single-Family Smart Homes Market?

The growth rate of the Global Single-Family Smart Homes Market is 18.1%, with an estimated value of $162.9 billion by 2026.

What is the forecasted size of the Global Single-Family Smart Homes Market?

The Global Single-Family Smart Homes Market is estimated to be worth $162.9 billion by 2026.

Who are the key companies in the Global Single-Family Smart Homes Market?

Key companies in the Global Single-Family Smart Homes Market include Lennar Corporation, Meritage Homes Corporation, Metricon, Porter Davis, Henley, Carlisle, ELAN Homes (Nortek Security & Control, LLC), PULTEGROUP, INC. and TRI Pointe Group.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Belmar Builders Inc.
  • D. R. Horton
  • KB Smart Home
  • Loxone
  • Plantation Homes
  • PULTEGROUP, INC.

1. Executive Summary2. Single-Family Smart Homes Market Characteristics3. Single-Family Smart Homes Market Trends And Strategies4. Impact Of COVID-19 On Single-Family Smart Homes
5. Single-Family Smart Homes Market Size And Growth
5.1. Global Single-Family Smart Homes Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Single-Family Smart Homes Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Single-Family Smart Homes Market Segmentation
6.1. Global Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Smart Lighting
  • Entertainment
  • Smart Appliances
  • Others
6.2. Global Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Wi-Fi
  • Bluetooth
  • GSM/GPRS
  • RFID
  • Others
6.3. Global Single-Family Smart Homes Market, Segmentation By Software and Service, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Proactive
  • Behavioral

7. Single-Family Smart Homes Market Regional And Country Analysis
7.1. Global Single-Family Smart Homes Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Single-Family Smart Homes Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Single-Family Smart Homes Market
8.1. Asia-Pacific Single-Family Smart Homes Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Single-Family Smart Homes Market
9.1. China Single-Family Smart Homes Market Overview
9.2. China Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Single-Family Smart Homes Market
10.1. India Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Single-Family Smart Homes Market
11.1. Japan Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Single-Family Smart Homes Market
12.1. Australia Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Single-Family Smart Homes Market
13.1. Indonesia Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Single-Family Smart Homes Market
14.1. South Korea Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Single-Family Smart Homes Market
15.1. Western Europe Single-Family Smart Homes Market Overview
15.2. Western Europe Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Single-Family Smart Homes Market
16.1. UK Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Single-Family Smart Homes Market
17.1. Germany Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Single-Family Smart Homes Market
18.4. France Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.5. France Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Single-Family Smart Homes Market
19.1. Eastern Europe Single-Family Smart Homes Market Overview
19.2. Eastern Europe Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Single-Family Smart Homes Market
20.1. Russia Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Single-Family Smart Homes Market
21.1. North America Single-Family Smart Homes Market Overview
21.2. North America Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Single-Family Smart Homes Market
22.1. USA Single-Family Smart Homes Market Overview
22.2. USA Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Single-Family Smart Homes Market
23.1. South America Single-Family Smart Homes Market Overview
23.2. South America Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Single-Family Smart Homes Market
24.1. Brazil Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Single-Family Smart Homes Market
25.1. Middle East Single-Family Smart Homes Market Overview
25.2. Middle East Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Single-Family Smart Homes Market
26.1. Africa Single-Family Smart Homes Market Overview
26.2. Africa Single-Family Smart Homes Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa Single-Family Smart Homes Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Single-Family Smart Homes Market Competitive Landscape And Company Profiles
27.1. Single-Family Smart Homes Market Competitive Landscape
27.2. Single-Family Smart Homes Market Company Profiles
27.2.1. Lennar Corporation
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Meritage Homes Corporation
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Metricon
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Porter Davis
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Henley
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Single-Family Smart Homes Market29. Single-Family Smart Homes Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. The Business Research Company
30.5. Copyright And Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Belmar Builders Inc.
  • D. R. Horton
  • KB Smart Home
  • Loxone
  • Plantation Homes
  • PULTEGROUP, INC.
Major players in the market are Lennar Corporation; Meritage Homes Corporation; Metricon; Porter Davis; Henley; Carlisle; Elan Homes (Nortek Security & Control LLC); PulteGroup Inc.; KB Smart Home and TRI Pointe Group.

The global single-family smart homes market is expected to grow from $70.15 billion in 2021 to $83.78 billion in 2022 at a compound annual growth rate (CAGR) of 19.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $162.87 billion in 2026 at a CAGR of 18.1%.

The single-family smart homes market consists of sales of smart appliances and their related services used in single-family homes. Smart homes are futuristic buildings equipped with advanced electronics and wireless devices. The smart home system requires a web portal or smartphone application to interact with the automated system as a user interface. The smart home appliances include smart entertainment, smart lighting, home security and smart appliances, which are controlled by sensors, timers, switches and remote controllers.

The main types of products in single-family smart homes are smart lighting, entertainment, smart appliances, and others. Smart lighting is a type of lighting that is designed to save energy while also providing security and convenience. This could incorporate energy-efficient fixtures and automatic controls which adjust based on factors including occupancy or daylight availability. The different technologies include Wi-Fi, Bluetooth, GSM/GPRS, RFID, others and the software and service used include proactive and behavioral.

Asia Pacific is the largest region in the single-family smart homes market in 2021. Eastern Europe is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The increasing number of connected homes and growing implementation of smart home appliances including speakers, home healthcare products, lightning systems, smart kitchen, smart furniture, and HVAC control solutions is projected to contribute to the higher demand for single-family smart homes market. According to the smart home statistics 2021, 57% of homes in Britain contain a smart device, and 23% of Britain, i.e., 66.44 million people have a smart item. In addition, in the UK, there are 2.22 million smart homes . Therefore, the increasing implementation of smart home appliances together with a growing number of connected homes across the globe is anticipated to boost the demand for single-family smart homes market over the forecast period.

Technological advancements related to the internet of things (IoT) and smart home devices is a major trend in the industry. According to a report published by TrendinFocus in July 2019, a big number of users have started using IoT devices and smart homes. In 2020, the number of connected IoT devices used were 11.3 billion. According to IoT Analytics, the global number of linked IoT devices will reach 27 billion by 2025. The newly launched smart speakers by Google Assistant and Amazon Alexa are shaping the growth of smart devices. Moreover, in December 2019, Lenovo, a Chinese multinational technology company, launched a range of smart home devices including smart bulbs, smart display and smart camera. The company aims at expanding its product portfolio in India. Therefore, technological advancement in IoT and smart home devices is expected to remain a key trend and boost the revenue for the single-family smart homes market.

High installation cost is projected to limit the growth of the single-family smart homes market. For instance, the typical cost to automate a home in the US is between $2,000 and $7,000, with most homeowners spending around $5,500 to automate their lights, door locks, and thermostats, as well as install a smart speaker, hub, and smart plugs in three rooms. Therefore, the high installation cost associated with high-cost smart appliances is expected to act as a major restraint for the growth of the single-family smart homes market.

The countries covered in the single-family smart homes report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Lennar Corporation
  • Meritage Homes Corporation
  • Metricon
  • Porter Davis
  • Henley
  • Carlisle
  • ELAN Homes (Nortek Security & Control, LLC)
  • PULTEGROUP, INC.
  • KB Smart Home
  • TRI Pointe Group
  • D. R. Horton
  • Belmar Builders Inc.
  • Loxone
  • Plantation Homes
Note: Product cover images may vary from those shown

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