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Automated Homes in China

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    Report

  • 53 Pages
  • February 2025
  • Region: China
  • GlobalData
  • ID: 6075732
Automated Homes in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Automated home refers to the use of internet-connected devices to facilitate the remote control and monitoring of appliances and systems, such as lighting and cooling systems. Broadly, an automated home constitutes the sale of networked devices and related services that enable home automation for private end users (B2C). These encompass any devices directly or indirectly linked to the internet through gateways, dedicated to overseeing and regulating functions within private residences. Furthermore, services essential for maintaining or supervising the household network, such as subscription fees for control applications or external monitoring services, fall within the purview of automated homes. However, devices like smartphones and tablets, whose primary function isn't household automation, are excluded from this domain, as are those with limited household connection or remote-control capabilities, like smart TVs.
  • The Chinese automated homes market recorded revenues of $34.83 billion in 2024, representing a compound annual growth rate (CAGR) of 7.9% between 2019 and 2024.
  • The smart appliances segment accounted for the market's largest proportion in 2024, with total revenues of $11.21 billion, equivalent to 32.2% of the market's overall value.
  • The growth of the Chinese automated homes market is driven by increasing disposable income of consumers, which demand improved housing solutions with advanced technologies

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automated homes market in China
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automated homes market in China
  • Leading company profiles reveal details of key automated homes market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the China automated homes market with five year forecasts

Reasons to Buy

  • What was the size of the China automated homes market by value in 2024?
  • What will be the size of the China automated homes market in 2029?
  • What factors are affecting the strength of competition in the China automated homes market?
  • How has the market performed over the last five years?
  • What are the main segments that make up China's automated homes market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What are the strategies do leading players follow?
7.4. What are the most recent developments in the market?
8 Company Profiles
8.1. Baidu Inc
8.2. Xiaomi Corp
8.3. Hangzhou Hikvision Digital Technology Co Ltd
8.4. Haier Smart Home Co Ltd
8.5. Koninklijke Philips NV
8.6. Samsung Electronics Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related the analyst research
10.4. About the Analyst
List of Tables
Table 1: China automated homes market value: $ million, 2019-24
Table 2: China automated homes market category segmentation: % share, by value, 2019-24
Table 3: China automated homes market category segmentation: $ million, 2019-24
Table 4: China automated homes market geography segmentation: $ million, 2024
Table 5: China automated homes market value forecast: $ million, 2024-29
Table 6: Baidu Inc: Key Facts
Table 7: Baidu Inc: annual financial ratios
Table 8: Baidu Inc: key employees
Table 9: Xiaomi Corp: Key Facts
Table 10: Xiaomi Corp: annual financial ratios
Table 11: Xiaomi Corp: key employees
Table 12: Hangzhou Hikvision Digital Technology Co Ltd: Key Facts
Table 13: Hangzhou Hikvision Digital Technology Co Ltd: annual financial ratios
Table 14: Hangzhou Hikvision Digital Technology Co Ltd: key employees
Table 15: Haier Smart Home Co Ltd: Key Facts
Table 16: Haier Smart Home Co Ltd: annual financial ratios
Table 17: Haier Smart Home Co Ltd: key employees
Table 18: Koninklijke Philips NV: Key Facts
Table 19: Koninklijke Philips NV: annual financial ratios
Table 20: Koninklijke Philips NV: key employees
Table 21: Samsung Electronics Co Ltd: Key Facts
Table 22: Samsung Electronics Co Ltd: annual financial ratios
Table 23: Samsung Electronics Co Ltd: key employees
Table 24: Samsung Electronics Co Ltd: key employees Continued
Table 25: China Size of Population (Million), 2020-24
Table 26: China Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 27: China GDP (Current Prices, $ Billion), 2020-24
Table 28: China Inflation, 2020-24
Table 29: China Consumer Price Index (Absolute), 2020-24
Table 30: China Exchange Rate, 2019-24
List of Figures
Figure 1: China automated homes market value: $ million, 2019-24
Figure 2: China automated homes market category segmentation: $ million, 2019-24
Figure 3: China automated homes market geography segmentation: % share, by value, 2024
Figure 4: China automated homes market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the automated homes market in China, 2024
Figure 6: Drivers of buyer power in the automated homes market in China, 2024
Figure 7: Drivers of supplier power in the automated homes market in China, 2024
Figure 8: Factors influencing the likelihood of new entrants in the automated homes market in China, 2024
Figure 9: Factors influencing the threat of substitutes in the automated homes market in China, 2024
Figure 10: Drivers of degree of rivalry in the automated homes market in China, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Baidu Inc
  • Xiaomi Corp
  • Hangzhou Hikvision Digital Technology Co Ltd
  • Haier Smart Home Co Ltd
  • Koninklijke Philips NV
  • Samsung Electronics Co Ltd