+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)

Home Automation System Market by Lighting Controls, Smart Speakers, Entertainment Controls, HVAC Controls, Security & Access Controls, Wired, Wireless, Behavioral, Proactive, Multi-Family Residence, Single - Family Residence Global Forecast to 2029

  • PDF Icon

    Report

  • 284 Pages
  • November 2024
  • Region: Global
  • Markets and Markets
  • ID: 6026730
The home automation system market was valued at USD 57.67 billion in 2024 and is projected to reach USD 73.49 billion by 2029; it is expected to register a CAGR of 5.0% during the forecast period. Concerns about safety, security, and convenience among general population is driving the growth of the security & access control products. Whereas vulnerability to cyber-attacks is restraining the growth of the home automation system market.

The security & access control segment is expected to grow at the second highest CAGR during the forecast period.

The security & access control segment is projected to grow at the second highest CAGR during the forecast period. Key benefits of home automation in security is the ability to remotely monitor and control various aspects of the home. Home automation remote control allows homeowners to effectively protect their property from threats, and prevent burglars when they are not around. Also, home automation systems in addition to dealing with access control devices including smart locks and video doorbells to make the home safer and more comfortable.

The proactive system type is likely to grow at the second higher CAGR during the forecast period

The proactive system type is expected to grow at second higher CAGR during the forecast period.roactive home automation devices are poised for increased demand in the near future as consumers become more aware of the convenience, energy efficiency, and security these systems offer. These devices are not limited to raw actions by users but rather automatically learn users’ behavior, making changes when it considers that changes are necessary without users’ instructions or requests. As the integration of AI and machine learning increases with home automation devices, preventive home automation solutions will adapt and enhance the utilization of heat, cool and light controls to the preference of the user while saving costs.

North America is likely to grow at the second highest CAGR during the forecast period.

The market in North America is expected to witness the second highest CAGR during the forecast period. Promoting energy efficiency and sustainability is on the rise as the costs of energy increase and as awareness of the impacts of energy on the environment grows. Smart thermostats, automated lighting systems, and such energy-tracking devices enable the user to control energy expenses and decrease carbon dioxide discharge. Governments and utility companies in North America are also offering incentives and rebates for the energy efficient home automation products thus boosting they uptake. Green homes and smart cities are becoming the new norms and are gradually integrating home automation into the mainstream architectural and construction agenda of the region.

Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type - Tier 1 - 55%, Tier 2 - 25%, Tier 3 - 20%
  • By Designation - Managers - 30%, Directors - 50%, Others - 20%
  • By Region - North America - 40%, Europe - 35%, Asia Pacific - 20%, RoW - 5%
The home automation system market is dominated by a few globally established players such as Johnson Controls Inc. (Ireland), Honeywell International Inc. (US), Schneider Electric (France), Siemens (Germany), ASSA ABLOY (Sweden), Apple Inc. (US), Robert Bosch (Germany), ABB (Switzerland), Legrand (France), ADT (US), Resideo Technologies Inc. (US). The study includes an in-depth competitive analysis of these key players in the home automation system market, with their company profiles, recent developments, and key market strategies.

Research Coverage:

The report segments the Home automation system market and forecasts its size by product, system type, protocol, residence type, installation type, region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main region - North America, Asia Pacific, Europe, RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the home automation ecosystem.

Key Benefits to Buy the Report:

  • Analysis of key Drivers (Rising need for convenience and comfort, Increasing demand for energy efficient devices, Favorable government regulations, Incorporating AI in Home automation), Restraints (High switching cost for existing smart device consumers, Complexity and glitches in setting up of smart homes), Opportunities (Increase in construction value (ROI), Adaptive to remote working, Elderly assistance and independence), Challenges (Cybersecurity concerns)
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the home automation system market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the Home automation system market across varied countries.
  • Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the home automation system market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and system types of leading players like Johnson Controls Inc. (Ireland), Honeywell International Inc. (US), Schneider Electric (France), Siemens (Germany), ASSA ABLOY (Sweden), Apple Inc. (US), Robert Bosch (Germany), ABB (Switzerland), Legrand (France), ADT (US), Resideo Technologies Inc. (US) among others in the home automation system market.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered
1.3.3 Inclusions and Exclusions
1.4 Currency Considered
1.5 Unit Considered
1.6 Limitations
1.7 Stakeholders
1.8 Summary of Changes
2 Research Methodology
2.1 Research Data
2.1.1 Secondary and Primary Research
2.1.2 Secondary Data
2.1.2.1 List of Key Secondary Sources
2.1.2.2 Key Data from Secondary Sources
2.1.3 Primary Data
2.1.3.1 Breakdown of Primaries
2.1.3.2 Key Data from Primary Sources
2.1.3.3 Key Industry Insights
2.2 Factor Analysis
2.2.1 Supply-Side Analysis
2.2.2 Demand-Side Analysis
2.2.3 Growth Forecast Assumptions
2.3 Market Size Estimation Methodology
2.3.1 Bottom-Up Approach
2.3.1.1 Approach to Arrive at Market Size Using Bottom-Up Analysis (Demand Side)
2.3.2 Top-Down Approach
2.3.2.1 Approach to Arrive at Market Size Using Top-Down Analysis (Supply Side)
2.4 Market Breakdown and Data Triangulation
2.5 Research Assumptions
2.6 Research Limitations
2.7 Risk Assessment
3 Executive Summary
4 Premium Insights
4.1 Attractive Growth Opportunities for Key Players in Home Automation Systems Market
4.2 HVAC Controls: Home Automation Systems Market, by Type
4.3 Residence Type: Home Automation Systems Market
4.4 Installation Type: Home Automation Systems Market
4.5 Lighting Controls: Home Automation Systems Market, by Type
4.6 Home Automation Systems Market, by Region
4.7 Home Automation Systems Market, by Country
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Demand for Convenience and Comfort
5.2.1.2 Increasing Demand for Energy-Efficient Devices
5.2.1.3 Incorporation of AI in Home Automation
5.2.2 Restraints
5.2.2.1 High Up-Front Costs
5.2.2.2 Complexities and Glitches in Setting Up
5.2.3 Opportunities
5.2.3.1 Favorable Government Regulations
5.2.3.2 Adaptability to Remote Working
5.2.3.3 Elderly Assistance and Independence
5.2.4 Challenges
5.2.4.1 Cybersecurity Concerns
5.3 Trends/Disruptions Impacting Customer Business
5.4 Pricing Analysis
5.4.1 Average Selling Price Trend of Smart Locks by Key Players
5.4.2 Average Selling Price Trend, by Region
5.5 Supply Chain Analysis
5.6 Ecosystem Analysis
5.7 Investment and Funding Scenario
5.8 Technology Analysis
5.8.1 Key Technologies
5.8.1.1 Voice Assistant
5.8.2 Complementary Technologies
5.8.2.1 Big Data Analytics
5.8.3 Adjacent Technologies
5.8.3.1 Biometric Authentication
5.8.3.2 Virtual Reality and Augmented Reality
5.9 Patent Analysis
5.10 Trade Analysis
5.10.1 Import Data (HS Code 8517)
5.10.2 Export Data (HS Code 8517)
5.11 Key Conferences and Events
5.12 Case Study Analysis
5.12.1 Assa Abloy's Remote Access Delegation to Buildings Transforms Emergency Services in Sweden
5.12.2 Johnson Controls' Cooling Solution Helps Fiserv Tackle Maintenance Constraints
5.12.3 Honeywell's Security Solution Helps Gateway Building Improve Security and Visitor Access System
5.13 Tariff and Regulatory Landscape
5.13.1 Tariff Data
5.13.1.1 Tariff Levied on HS Code 8517-Compliant Products Exported by Germany to Other Countries
5.13.2 Regulatory Landscape
5.13.3 Regulatory Standards
5.14 Porter's Five Forces Analysis
5.14.1 Intensity of Competitive Rivalry
5.14.2 Bargaining Power of Suppliers
5.14.3 Bargaining Power of Buyers
5.14.4 Threat of Substitutes
5.14.5 Threat of New Entrants
5.15 Key Stakeholders and Buying Criteria
5.15.1 Key Stakeholders in Buying Process
5.15.2 Buying Criteria
5.16 Impact of AI/Gen AI on Home Automation Systems Market
6 Home Automation Systems Market, by Protocol
6.1 Introduction
6.2 Wired
6.2.1 Dali
6.2.1.1 Full-Duplex System That Brings Digital Technology into Lighting Sector
6.2.2 Nema
6.2.2.1 Standardizes Necessary Control Devices to Build Complete Lighting Systems
6.2.3 Knx
6.2.3.1 Versatile, Open Standard That Supports Five Communication Media
6.2.4 Dmx
6.2.4.1 Used in Communication Networks to Control Lights and Effects
6.2.5 Lonworks
6.2.5.1 Helps in Applications Designed on Low Bandwidth for Networking Devices
6.2.6 Ethernet
6.2.6.1 Used in Home Entertainment Systems or Whole-House Automation Solutions
6.2.7 Modbus
6.2.7.1 Transmits Information Between Electronic Devices Over Serial Lines or Via Ethernet
6.2.8 Bacnet
6.2.8.1 Commonly Used in HVAC Control, Fire Detection, and Alarms
6.2.9 Black Box
6.2.9.1 Helps in Home Automation and Integration of Home Devices Into a Single Console
6.2.10 PLC
6.2.10.1 Uses Electric Power for Data Transmission
6.3 Wireless
6.3.1 Zigbee
6.3.1.1 Used in Smart Homes to Carry Small Amounts of Data Over Mid-Range
6.3.2 Z-Wave
6.3.2.1 Used in Wireless Residential Control Products and Services
6.3.3 Wi-Fi
6.3.3.1 Ideal for Data Transmission Across Short Distances
6.3.4 Bluetooth
6.3.4.1 Ensures Interoperability, Minimal Interference, and Energy Efficiency
6.3.5 Enocean
6.3.5.1 Designed for Smart Home Solutions Dependent on Energy- Producing Technologies
6.3.6 Thread
6.3.6.1 Common Standard Used in Smart Home Applications to Connect Over Internet and Cloud
6.3.7 Infrared
6.3.7.1 Used for Short and Medium-Range Communications and Control in Smart Home Applications
6.3.8 Message Queuing Telemetry Transport
6.3.8.1 Used to Send Messages Between Devices in a Distributed Network
7 Home Automation Systems Market, by Product
7.1 Introduction
7.2 Lighting Controls
7.2.1 Relays
7.2.1.1 Work as On/Off Switches in Lighting Control Systems
7.2.2 Occupancy Sensors
7.2.2.1 Detect Presence of Individuals to Switch Lights On/Off
7.2.3 Daylight Sensors
7.2.3.1 Measure Intensity of Natural Light and Adjust Artificial Light
7.2.4 Timers
7.2.4.1 Used to Turn Lights On/Off Automatically After Pre-Specified Period
7.2.5 Dimmers
7.2.5.1 Used to Adjust Brightness Through Voltage Variation
7.2.6 Switches
7.2.6.1 Can be Categorized as Manual and Remote-Controlled
7.2.7 Accessories & Other Products
7.3 Security & Access Controls
7.3.1 Video Surveillance
7.3.1.1 Hardware
7.3.1.1.1 Cameras
7.3.1.1.1.1 IP Cameras
7.3.1.1.1.1.1 Can be Accessed and Controlled Over IP Networks
7.3.1.1.1.2 Analog Cameras
7.3.1.1.1.2.1 Require Lesser Technical Maintenance Compared to IP Cameras
7.3.1.1.2 Storage Devices
7.3.1.1.2.1 IP Cameras Boost Demand for IP-based Surveillance Storage Systems and Technologies
7.3.1.1.3 Monitors
7.3.1.1.3.1 Project Data from Cameras as Output of Video Surveillance Systems
7.3.1.1.4 Other Hardware Accessories
7.3.1.2 Software
7.3.1.2.1 Video Analytics Software
7.3.1.2.1.1 Automatically Monitors Cameras and Alerts Users About Unusual or Suspicious Events
7.3.1.2.2 Video Management Software
7.3.1.2.2.1 Platform for Video Monitoring, Recording, and Analysis
7.3.1.2.3 Neural Networks and Algorithms
7.3.1.2.3.1 Used to Extract Patterns or Coded Data to Identify Behavioral Trends
7.3.1.3 Services
7.3.1.3.1 Ensure Effective Working of Video Surveillance Systems
7.3.2 Access Control
7.3.2.1 Hardware
7.3.2.1.1 Card-based Readers
7.3.2.1.1.1 Used to Authenticate User Identity
7.3.2.1.2 Multi-Technology Readers
7.3.2.1.2.1 Employ Combination of Card and Biometrics
7.3.2.1.3 Electronic Locks
7.3.2.1.3.1 Cannot be Tampered with and Provide Better Security Than Mechanical Locks
7.3.2.1.4 Controllers
7.3.2.1.5 Biometric Readers
7.3.2.2 Software
7.3.2.2.1 Often Integrated with Other Security Management Platforms
7.3.2.3 Services
7.3.2.3.1 Typically Include Installation, Support, and Maintenance
7.4 HVAC Controls
7.4.1 Smart Thermostats
7.4.1.1 Maintain Temperature at Required Levels
7.4.2 Sensors
7.4.2.1 Perform Logical Functions Such as Decision-Making
7.4.3 Control Valves
7.4.3.1 Regulate Flow of Fluids in Various Processes
7.4.4 Heating & Cooling Coils
7.4.4.1 Used in HVAC Systems to Maintain Temperature
7.4.5 Dampers
7.4.5.1 Regulate Flow of Hot/Cold Air in Rooms
7.4.6 Actuators
7.4.6.1 Control Dampers and Valves in HVAC Systems
7.4.7 Pumps & Fans
7.4.7.1 Essential Components of HVAC Control Systems
7.4.8 Smart Vents
7.4.8.1 Can be Programmed to Open and Close According to Temperature of Rooms
7.5 Entertainment & Other Controls
7.5.1 Entertainment Controls
7.5.1.1 Audio & Volume Controls
7.5.1.1.1 Enable Playback and Music Control in Homes
7.5.1.2 Home Theater System Controls
7.5.1.2.1 Designed to Provide Ultimate Movie-Viewing Experience
7.5.1.3 Touchscreens & Keypads
7.5.1.3.1 Control Audio-Video Distribution in Homes
7.5.2 Other Controls
7.5.2.1 Smart Meters
7.5.2.1.1 Measure Energy Consumption and Enable Communication Between Users and Utilities
7.5.2.2 Smart Plugs
7.5.2.2.1 Help in Energy Usage Management
7.5.2.3 Smart Hubs
7.5.2.3.1 Control Connected Gadgets for Enhanced Convenience
7.5.2.4 Smoke Detectors
7.5.2.4.1 Detect Smoke Faster Than Flame and Heat Detectors
7.6 Smart Speakers
7.6.1 Enable Control of Smart Devices Through User Voice Control
8 Home Automation Systems Market, by Residence Type
8.1 Introduction
8.2 Single-Family
8.2.1 Need for Energy-Efficient Systems to Drive Market Growth
8.3 Multi-Family
8.3.1 Growing Investment in Multi-Family Housing to Boost Growth
9 Home Automation Systems Market, by System Type
9.1 Introduction
9.2 Behavioral
9.2.1 Growing Demand for Personalization and Convenience to Boost Market
9.3 Proactive
9.3.1 Rising Demand for Daily Automated Assistance to Drive Segment
10 Home Automation Systems Market, by Installation Type
10.1 Introduction
10.2 New Installation
10.2.1 Demand for Modern Lighting Systems with State-Of-The-Art Components to Drive Market Growth
10.3 Retrofit Installation
10.3.1 Rising Demand for System Upgrades to Boost Market Growth
11 Home Automation Systems Market, by Region
11.1 Introduction
11.2 North America
11.2.1 Macroeconomic Outlook in North America
11.2.2 US
11.2.2.1 Presence of Key Players to Support Market Growth
11.2.3 Canada
11.2.3.1 Growing Economy and Increased Focus on Transition Toward Home Automation to Fuel Growth
11.2.4 Mexico
11.2.4.1 Government Rebates for Energy Efficiency to Favor Market Growth
11.2.5 Ranking of Smart Control Ecosystems in North America
11.3 Europe
11.3.1 Macroeconomic Outlook for Europe
11.3.2 Germany
11.3.2.1 Adoption of Zero-Energy Systems and Development of Smart Cities to Drive Market
11.3.3 UK
11.3.3.1 Initiatives to Prevent Fire Accidents to Support Market Growth
11.3.4 France
11.3.4.1 Initiatives for Adoption of Energy-Saving Products to Propel Market Growth
11.3.5 Italy
11.3.5.1 Government Activities for Minimum Energy Consumption Products to Boost Market Growth
11.3.6 Rest of Europe
11.3.7 Ranking of Smart Control Ecosystems in Europe
11.4 Asia-Pacific
11.4.1 Macroeconomic Outlook for Asia-Pacific
11.4.2 China
11.4.2.1 Growing Residential Construction to Drive Market
11.4.3 Japan
11.4.3.1 High Internet Penetration in Households to Favor Market Growth
11.4.4 South Korea
11.4.4.1 High Demand for Advanced Security to Propel Market
11.4.5 Australia
11.4.5.1 High Demand for Entertainment Controls and Security & Access Controls to Boost Market Growth
11.4.6 Rest of Asia-Pacific
11.5 RoW
11.5.1 Macroeconomic Outlook for RoW
11.5.2 South America
11.5.2.1 Government Initiatives to Support Infrastructural Development to Boost Market Growth
11.5.3 Middle East & Africa
11.5.3.1 Growing Consumer Awareness Regarding Benefits of Smart Appliances to Fuel Market Growth
11.5.3.2 GCC Countries
11.5.3.3 Rest of Middle East & Africa
12 Competitive Landscape
12.1 Overview
12.2 Key Player Strategies/Right to Win
12.3 Market Share Analysis
12.4 Revenue Analysis, 2019-2023
12.5 Company Valuation and Financial Metrics
12.5.1 Home Automation Systems Market: Financial Metrics
12.6 Home Automation Systems Market: Brand/Product Comparison
12.7 Company Evaluation Matrix: Key Players, 2023
12.7.1 Stars
12.7.2 Emerging Leaders
12.7.3 Pervasive Players
12.7.4 Participants
12.7.5 Company Footprint
12.7.5.1 Company Footprint
12.7.5.2 Product Footprint
12.7.5.3 System Type Footprint
12.7.5.4 Installation Type Footprint
12.7.5.5 Regional Footprint
12.8 Company Evaluation Matrix: Startups/SMEs, 2023
12.8.1 Progressive Companies
12.8.2 Responsive Companies
12.8.3 Dynamic Companies
12.8.4 Starting Blocks
12.8.5 Competitive Benchmarking, Startups/SMEs, 2023
12.8.5.1 Detailed List of Key Startups/SMEs
12.8.5.2 Competitive Benchmarking of Key Startups/SMEs
12.9 Competitive Scenarios and Trends
12.9.1 Product Launches
12.9.2 Deals
13 Company Profiles
13.1 Key Players
13.1.1 Schneider Electric
13.1.1.1 Business Overview
13.1.1.2 Products/Solutions/Services Offered
13.1.1.3 Recent Developments
13.1.1.3.1 Product Launches
13.1.1.3.2 Deals
13.1.1.4 Analyst's View
13.1.1.4.1 Key Strengths
13.1.1.4.2 Strategic Choices
13.1.1.4.3 Weaknesses & Competitive Threats
13.1.2 Johnson Controls Inc.
13.1.2.1 Business Overview
13.1.2.2 Products/Solutions/Services Offered
13.1.2.3 Recent Developments
13.1.2.3.1 Product Launches
13.1.2.3.2 Deals
13.1.2.4 Analyst's View
13.1.2.4.1 Key Strengths
13.1.2.4.2 Strategic Choices
13.1.2.4.3 Weaknesses & Competitive Threats
13.1.3 Siemens
13.1.3.1 Business Overview
13.1.3.2 Products/Solutions/Services Offered
13.1.3.3 Recent Developments
13.1.3.3.1 Product Launches
13.1.3.3.2 Deals
13.1.3.4 Analyst's View
13.1.3.4.1 Key Strengths
13.1.3.4.2 Strategic Choices
13.1.3.4.3 Weaknesses & Competitive Threats
13.1.4 Resideo Technologies Inc.
13.1.4.1 Business Overview
13.1.4.2 Products/Solutions/Services Offered
13.1.4.3 Recent Developments
13.1.4.3.1 Product Launches
13.1.4.3.2 Deals
13.1.4.3.3 Other Developments
13.1.4.4 Analyst's View
13.1.4.4.1 Key Strengths
13.1.4.4.2 Strategic Choices
13.1.4.4.3 Weaknesses & Competitive Threats
13.1.5 Legrand
13.1.5.1 Business Overview
13.1.5.2 Products/Solutions/Services Offered
13.1.5.3 Recent Developments
13.1.5.3.1 Product Launches
13.1.5.3.2 Deals
13.1.5.4 Analyst's View
13.1.5.4.1 Key Strengths
13.1.5.4.2 Strategic Choices
13.1.5.4.3 Weaknesses & Competitive Threats
13.1.6 Assa Abloy
13.1.6.1 Business Overview
13.1.6.2 Products/Solutions/Services Offered
13.1.6.3 Recent Developments
13.1.6.3.1 Product Launches
13.1.6.3.2 Deals
13.1.6.4 Analyst's View
13.1.6.4.1 Key Strengths
13.1.6.4.2 Strategic Choices
13.1.6.4.3 Weaknesses & Competitive Threats
13.1.7 Apple Inc.
13.1.7.1 Business Overview
13.1.7.2 Products/Solutions/Services Offered
13.1.7.3 Recent Developments
13.1.7.3.1 Product Launches
13.1.7.3.2 Deals
13.1.8 Adt
13.1.8.1 Business Overview
13.1.8.2 Products/Solutions/Services Offered
13.1.8.3 Recent Developments
13.1.8.3.1 Product Launches
13.1.8.3.2 Deals
13.1.8.3.3 Expansions
13.1.9 Robert Bosch
13.1.9.1 Business Overview
13.1.9.2 Products/Solutions/Services Offered
13.1.9.3 Recent Developments
13.1.9.3.1 Product Launches
13.1.9.3.2 Deals
13.1.10 ABB
13.1.10.1 Business Overview
13.1.10.2 Products/Solutions/Services Offered
13.1.10.3 Recent Developments
13.1.10.3.1 Product Launches
13.1.10.3.2 Deals
13.2 Other Players
13.2.1 Nice S.P.A.
13.2.2 Eufy
13.2.3 Develco Products
13.2.4 Loxone Electronics GmbH
13.2.5 Wozart Technologies Private Limited
13.2.6 Vivint, Inc.
13.2.7 Control4
13.2.8 The Domotics
13.2.9 Okos
13.2.10 Delta Controls
13.2.11 General Electric Company
13.2.12 Nuki Home Solutions
13.2.13 Crestron Electronics
13.2.14 Simplisafe
13.2.15 Savant
14 Appendix
14.1 Insights from Industry Experts
14.2 Discussion Guide
14.3 Knowledgestore: The Subscription Portal
14.4 Customization Options
List of Tables
Table 1 Home Automation Systems Market: Growth Forecast Assumptions
Table 2 Home Automation Systems Market: Research Assumptions
Table 3 Home Automation Systems Market: Risk Assessment
Table 4 Average Selling Price Trend, by Product, 2018-2023 (USD)
Table 5 Indicative Price Trend of Lighting Controls, by Region, 2019-2023 (USD)
Table 6 Companies and Their Role in Home Automation Ecosystem
Table 7 Home Automation Systems Market: Key Patents, 2022-2023
Table 8 Import Scenario for HS Code 8517-Compliant Products, by Country, 2019-2023 (USD Million)
Table 9 Export Scenario for HS Code 8517-Compliant Products, by Country, 2019-2023 (USD Million)
Table 10 Key Conferences and Events, 2024-2025
Table 11 Mfn Tariff for HS Code 8517-Compliant Products Exported by Germany, 2023
Table 12 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 Rest of the World: Regulatory Bodies, Government Agencies, and Other Organizations
Table 16 Porter's Five Forces: Impact on Home Automation Systems Market
Table 17 Influence of Stakeholders on Buying Process, by Residence Type (%)
Table 18 Key Buying Criteria, by Residence Type
Table 19 Home Automation Systems Market, by Protocol, 2020-2023 (USD Million)
Table 20 Home Automation Systems Market, by Protocol, 2024-2029 (USD Million)
Table 21 Home Automation Systems Market, by Product, 2020-2023 (USD Million)
Table 22 Home Automation Systems Market, by Product, 2024-2029 (USD Million)
Table 23 Home Automation Systems Market, by Product, 2020-2023 (Million Units)
Table 24 Home Automation Systems Market, by Product, 2024-2029 (Million Units)
Table 25 Lighting Controls: Home Automation Systems Market, by Type, 2020-2023 (USD Million)
Table 26 Lighting Controls: Home Automation Systems Market, by Type, 2024-2029 (USD Million)
Table 27 Lighting Controls: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 28 Lighting Controls: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 29 North America: Lighting Controls in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 30 North America: Lighting Controls in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 31 Europe: Lighting Controls in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 32 Europe: Lighting Controls in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 33 Asia-Pacific: Lighting Controls in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 34 Asia-Pacific: Lighting Controls in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 35 RoW: Lighting Controls in Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 36 RoW: Lighting Controls in Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 37 Middle East & Africa: Lighting Controls in Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 38 Middle East & Africa: Lighting Controls in Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 39 Relays: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 40 Relays: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 41 Occupancy Sensors: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 42 Occupancy Sensors: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 43 Daylight Sensors: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 44 Daylight Sensors: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 45 Timers: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 46 Timers: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 47 Dimmers: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 48 Dimmers: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 49 Switches: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 50 Switches: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 51 Accessories & Other Products: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 52 Accessories & Other Products: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 53 Security & Access Controls: Home Automation Systems Market, by Type, 2020-2023 (USD Million)
Table 54 Security & Access Controls: Home Automation Systems Market, by Type, 2024-2029 (USD Million)
Table 55 North America: Security & Access Controls in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 56 North America: Security & Access Controls in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 57 Europe: Security & Access Controls in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 58 Europe: Security & Access Controls in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 59 Asia-Pacific: Security & Access Controls in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 60 Asia-Pacific: Security & Access Controls in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 61 RoW: Security & Access Controls in Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 62 RoW: Security & Access Controls in Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 63 Middle East & Africa: Security & Access Controls in Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 64 Middle East & Africa: Security & Access Controls in Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 65 Video Surveillance: Home Automation Systems Market, by Product Type, 2020-2023 (USD Million)
Table 66 Video Surveillance: Home Automation Systems Market, by Product Type, 2024-2029 (USD Million)
Table 67 Video Surveillance Hardware: Home Automation Systems Market, by Type, 2020-2023 (USD Million)
Table 68 Video Surveillance Hardware: Home Automation Systems Market, by Type, 2024-2029 (USD Million)
Table 69 Video Surveillance Cameras: Home Automation Systems Market, by Type, 2020-2023 (USD Million)
Table 70 Video Surveillance Cameras: Home Automation Systems Market, by Type, 2024-2029 (USD Million)
Table 71 Access Control: Home Automation Systems Market, by Product Type, 2020-2023 (USD Million)
Table 72 Access Control: Home Automation Systems Market, by Product Type, 2024-2029 (USD Million)
Table 73 Access Control Hardware: Home Automation Systems Market, by Type, 2020-2023 (USD Million)
Table 74 Access Control Hardware: Home Automation Systems Market, by Type, 2024-2029 (USD Million)
Table 75 HVAC Controls: Home Automation Systems Market, by Type, 2020-2023 (USD Million)
Table 76 HVAC Controls: Home Automation Systems Market, by Type, 2024-2029 (USD Million)
Table 77 HVAC Controls: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 78 HVAC Controls: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 79 North America: HVAC Controls in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 80 North America: HVAC Controls in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 81 Europe: HVAC Controls in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 82 Europe: HVAC Controls in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 83 Asia-Pacific: HVAC Controls in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 84 Asia-Pacific: HVAC Controls in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 85 RoW: HVAC Controls in Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 86 RoW: HVAC Controls in Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 87 Middle East & Africa: HVAC Controls in Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 88 Middle East & Africa: HVAC Controls in Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 89 Smart Thermostats: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 90 Smart Thermostats: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 91 Sensors: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 92 Sensors: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 93 Control Valves: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 94 Control Valves: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 95 Heating & Cooling Coils: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 96 Heating & Cooling Coils: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 97 Dampers: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 98 Dampers: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 99 Actuators: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 100 Actuators: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 101 Pumps & Fans: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 102 Pumps & Fans: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 103 Smart Vents: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 104 Smart Vents: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 105 Entertainment & Other Controls: Home Automation Systems Market, by Type, 2020-2023 (USD Million)
Table 106 Entertainment & Other Controls: Home Automation Systems Market, by Type, 2024-2029 (USD Million)
Table 107 Entertainment & Other Controls: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 108 Entertainment & Other Controls: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 109 North America: Entertainment & Other Controls in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 110 North America: Entertainment & Other Controls in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 111 Europe: Entertainment & Other Controls in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 112 Europe: Entertainment & Other Controls in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 113 Asia-Pacific: Entertainment & Other Controls in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 114 Asia-Pacific: Entertainment & Other Controls in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 115 RoW: Entertainment & Other Controls in Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 116 RoW: Entertainment & Other Controls in Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 117 Middle East & Africa: Entertainment & Other Controls in Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 118 Middle East & Africa: Entertainment & Other Controls in Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 119 Entertainment Controls: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 120 Entertainment Controls: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 121 Entertainment Controls: Home Automation Systems Market, by Type, 2020-2023 (USD Million)
Table 122 Entertainment Controls: Home Automation Systems Market, by Type, 2024-2029 (USD Million)
Table 123 Audio & Volume Controls: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 124 Audio & Volume Controls: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 125 Home Theater System Controls: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 126 Home Theater System Controls: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 127 Touchscreens & Keypads: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 128 Touchscreens & Keypads: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 129 Other Controls: Home Automation Systems Market, by Type, 2020-2023 (USD Million)
Table 130 Other Controls: Home Automation System Market, by Type, 2024-2029 (USD Million)
Table 131 Other Controls: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 132 Other Controls: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 133 Smart Meters: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 134 Smart Meters: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 135 Smart Plugs: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 136 Smart Plugs: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 137 Smart Hubs: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 138 Smart Hubs: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 139 Smoke Detectors: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 140 Smoke Detectors: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 141 Smart Speakers: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 142 Smart Speakers: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 143 North America: Smart Speakers in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 144 North America: Smart Speakers in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 145 Europe: Smart Speakers in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 146 Europe: Smart Speakers in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 147 Asia-Pacific: Smart Speakers in Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 148 Asia-Pacific: Smart Speakers in Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 149 RoW: Smart Speakers in Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 150 RoW: Smart Speakers in Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 151 Middle East & Africa: Smart Speakers in Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 152 Middle East & Africa: Smart Speakers in Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 153 Home Automation Systems Market, by Residence Type, 2020-2023 (USD Million)
Table 154 Home Automation Systems Market, by Residence Type, 2024-2029 (USD Million)
Table 155 Home Automation Systems Market, by System Type, 2020-2023 (USD Million)
Table 156 Home Automation Systems Market, by System Type, 2024-2029 (USD Million)
Table 157 Home Automation Systems Market, by Installation Type, 2020-2023 (USD Million)
Table 158 Home Automation Systems Market, by Installation Type, 2024-2029 (USD Million)
Table 159 Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 160 Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 161 North America: Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 162 North America: Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 163 Ranking in North America
Table 164 Impactful Smart Controls/Hubs/Platforms in North America
Table 165 Europe: Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 166 Europe: Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 167 Ranking of Smart Control Ecosystems in Europe
Table 168 Impactful Smart Controls/Hubs/Platforms in Europe
Table 169 Asia-Pacific: Home Automation Systems Market, by Country, 2020-2023 (USD Million)
Table 170 Asia-Pacific: Home Automation Systems Market, by Country, 2024-2029 (USD Million)
Table 171 RoW: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 172 RoW: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 173 Middle East & Africa: Home Automation Systems Market, by Region, 2020-2023 (USD Million)
Table 174 Middle East & Africa: Home Automation Systems Market, by Region, 2024-2029 (USD Million)
Table 175 Overview of Strategies Adopted by Key Players
Table 176 Home Automation Systems Market: Degree of Competition, 2023
Table 177 Home Automation Systems Market: Product Footprint
Table 178 Home Automation Systems Market: System Type Footprint
Table 179 Home Automation Systems Market: Installation Type Footprint
Table 180 Home Automation Systems Market: Regional Footprint
Table 181 Home Automation Systems Market: Startups/SMEs
Table 182 Home Automation Systems Market: Competitive Benchmarking Of Key Startups/SMEs
Table 183 Home Automation Systems Market: Product Launches, February 2020-June 2024
Table 184 Home Automation Systems Market: Deals, February 2020-June 2024
Table 185 Schneider Electric: Company Overview
Table 186 Schneider Electric: Products/Solutions/Services Offered
Table 187 Schneider Electric: Product Launches
Table 188 Schneider Electric: Deals
Table 189 Johnson Controls Inc.: Company Overview
Table 190 Johnson Controls Inc.: Products/Solutions/Services Offered
Table 191 Johnson Controls Inc.: Product Launches
Table 192 Johnson Controls Inc.: Deals
Table 193 Siemens: Company Overview
Table 194 Siemens: Products/Solutions/Services Offered
Table 195 Siemens: Product Launches
Table 196 Siemens: Deals
Table 197 Resideo Technologies Inc.: Company Overview
Table 198 Resideo Technologies Inc.: Products/Solutions/Services Offered
Table 199 Resideo Technologies Inc.: Product Launches
Table 200 Resideo Technologies Inc.: Deals
Table 201 Resideo Technologies Inc.: Other Developments
Table 202 Legrand: Company Overview
Table 203 Legrand: Products/Solutions/Services Offered
Table 204 Legrand: Product Launches
Table 205 Legrand: Deals
Table 206 Assa Abloy: Company Overview
Table 207 Assa Abloy: Products/Solutions/Services Offered
Table 208 Assa Abloy: Product Launches
Table 209 Assa Abloy: Deals
Table 210 Apple Inc.: Company Overview
Table 211 Apple Inc.: Products/Solutions/Services Offered
Table 212 Apple Inc.: Product Launches/Enhancements
Table 213 Apple Inc.: Deals
Table 214 Adt: Company Overview
Table 215 Adt: Products/Solutions/Services Offered
Table 216 Adt: Product Launches
Table 217 Adt: Deals
Table 218 Adt: Expansions
Table 219 Robert Bosch: Company Overview
Table 220 Robert Bosch: Products/Solutions/Services Offered
Table 221 Robert Bosch: Product Launches
Table 222 Robert Bosch: Deals
Table 223 ABB: Company Overview
Table 224 ABB: Products/Solutions/Services Offered
Table 225 ABB: Product Launches
Table 226 ABB: Deals
List of Figures
Figure 1 Home Automation Systems Market Segmentation and Regional Scope
Figure 2 Home Automation Systems Market: Research Design
Figure 3 Home Automation Systems Market: Research Approach
Figure 4 Home Automation Systems Market: Supply-Side Analysis
Figure 5 Revenue Generated from Sales of Home Automation Systems
Figure 6 Home Automation Systems Market: Bottom-Up Approach
Figure 7 Home Automation Systems Market: Top-Down Approach
Figure 8 Home Automation Systems Market: Data Triangulation
Figure 9 Home Automation Systems Market, 2020-2029 (USD Million)
Figure 10 Occupancy Sensors to Witness Highest CAGR During Forecast Period
Figure 11 Behavioral Systems Segment to Grow Fastest During Forecast Period
Figure 12 Lighting Controls Segment to Record Highest CAGR During Forecast Period
Figure 13 Growing Need for Low Carbon Emissions to Drive Market
Figure 14 Dampers Segment to Record Highest CAGR During Forecast Period
Figure 15 Multi-Family Segment to Dominate During Forecast Period
Figure 16 Retrofit Installations to Grow Faster During Forecast Period
Figure 17 Occupancy Sensors to Command Market During Forecast Period
Figure 18 North America to Hold Largest Market Share by 2029
Figure 19 China to Record Highest CAGR During Forecast Period
Figure 20 Home Automation Systems Market: Drivers, Restraints, Opportunities, and Challenges
Figure 21 Impact of Drivers on Home Automation Systems Market
Figure 22 Impact of Restraints on Home Automation Systems Market
Figure 23 Impact of Opportunities on Home Automation Systems Market
Figure 24 Impact of Challenges on Home Automation Systems Market
Figure 25 Trends/Disruptions Influencing Customer Business
Figure 26 Average Selling Price Trend of Smart Locks by Top Players
Figure 27 Home Automation Systems Market: Supply Chain Analysis
Figure 28 Key Players in Home Automation Ecosystem
Figure 29 Home Automation Startup Funding
Figure 30 Patents Applied and Granted, 2013-2023
Figure 31 Import Data for HS Code 8517-Compliant Products, by Country, 2019-2023 (USD Million)
Figure 32 Export Data for HS Code 8517-Compliant Products, by Country, 2019-2023 (USD Million)
Figure 33 Porter's Five Forces Analysis: Home Automation Systems Market
Figure 34 Influence of Stakeholders on Buying Process, by Residence Type
Figure 35 Key Buying Criteria, by Residence Type
Figure 36 Impact of AI/Gen AI on Home Automation Systems Market
Figure 37 Wired Protocol to Account for Largest Market During Forecast Period
Figure 38 Wiring for Dali Fluorescent Dimming
Figure 39 Lonworks Network Setup
Figure 40 Wireless Communication Technologies
Figure 41 Entertainment & Other Controls Segment to Dominate Market in 2024
Figure 42 Multi-Family Residence to Account for Largest Market During Forecast Period
Figure 43 Proactive Systems to Dominate Market During Forecast Period
Figure 44 New Installations to Hold Largest Market Share During Forecast Period
Figure 45 North America Held Largest Market in 2023
Figure 46 North America: Home Automation Systems Market Snapshot
Figure 47 Europe: Home Automation Systems Market Snapshot
Figure 48 Asia-Pacific: Home Automation Systems Market Snapshot
Figure 49 Home Automation Systems Market Share Analysis, 2023
Figure 50 Home Automation Systems Market: Revenue Analysis of Top Players, 2020-2023
Figure 51 Company Valuation and Financial Metrics: Home Automation Systems Market
Figure 52 Financial Metrics (EV/EBITDA), 2023
Figure 53 Brand Comparison
Figure 54 Home Automation Systems Market: Company Evaluation Matrix for Key Players, 2023
Figure 55 Home Automation Systems Market: Overall Company Footprint
Figure 56 Home Automation Systems Market: Company Evaluation Matrix For Startups/SMEs, 2023
Figure 57 Schneider Electric: Company Snapshot
Figure 58 Johnson Controls Inc.: Company Snapshot
Figure 59 Siemens: Company Snapshot
Figure 60 Resideo Technologies Inc.: Company Snapshot
Figure 61 Legrand: Company Snapshot
Figure 62 Assa Abloy: Company Snapshot
Figure 63 Apple Inc.: Company Snapshot
Figure 64 Adt: Company Snapshot
Figure 65 Robert Bosch: Company Snapshot
Figure 66 ABB: Company Snapshot

Companies Mentioned

  • Schneider Electric
  • Johnson Controls Inc.
  • Siemens
  • Resideo Technologies Inc.
  • Legrand
  • Assa Abloy
  • Apple Inc.
  • Adt
  • Robert Bosch
  • ABB
  • Nice S.P.A.
  • Eufy
  • Develco Products
  • Loxone Electronics GmbH
  • Wozart Technologies Private Limited
  • Vivint, Inc.
  • Control4
  • The Domotics
  • Okos
  • Delta Controls
  • General Electric Company
  • Nuki Home Solutions
  • Crestron Electronics
  • Simplisafe
  • Savant

Table Information