The Asia Pacific Home Automation and Control Market should witness market growth of 11.9% CAGR during the forecast period (2022-2028).
The connected living room has several benefits, including comfort, control, and energy savings. They can also help in providing security and save time. These elements are increasing the market's need for connected living rooms. Growing consumer desire for a good standard of living has an impact on market expansion as well.
Consumer electronics' strong industry penetration, the latest technologies' rising adoption rates, and consumers' sizable financial investments in connected living rooms are all expected to support the market's expansion. Furthermore, to meet the rising need for speedy services, the hotel industry is switching to commercial smart kitchen appliances.
With a rise in urban population and increased spending on house renovations, smart home gadgets are gaining popularity in emerging nations. During the forecast period, it is predicted that increasing consumer demand for nutrient-dense food and growing awareness about the benefits of living a healthy lifestyle would drive the global market for smart kitchen equipment. To increase their revenue streams, major businesses are releasing smart home products that are AI-powered.
As a result, and a natural consequence of economic development, urbanization in India has progressed similarly to urbanization elsewhere in the world. The shift in employment from rural to urban-based products and services is one part of the trend. Improvements in agricultural performance have aided urbanization, as evidenced by some of the nation's top districts for the production of rice and wheat. According to the Planning Commission of the Indian Government, in India, only 25 million, or 10.84%, people were living in urban areas in 1901.
The China market dominated the Asia Pacific Home Automation and Controls Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8, 631.1 Million by 2028.The Japan market is estimated to grow a CAGR of 11.2% during (2022-2028). Additionally, The India market would experience a CAGR of 12.6% during (2022-2028).
Based on Application, the market is segmented into Safety & Security, Entertainment, HVAC, Lighting and Others. Based on Type, the market is segmented into Home Automation System, Mainstream Home Automation System and Managed Home Automation System. Based on Technology, the market is segmented into Computing Network Home Automation Systems, Wireless Home Automation Systems, Wired Home Automation Systems and Powerline Home Automation Systems. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Honeywell International, Inc., ABB Group, Johnson Controls International PLC, Harman International Industries, Inc. (Samsung Electronics Co., Ltd.), Snap One Holdings Corp. (Control4), Legrand Group, ADT Inc., Nice S.p.A., and Leviton Manufacturing Co., Inc.
The connected living room has several benefits, including comfort, control, and energy savings. They can also help in providing security and save time. These elements are increasing the market's need for connected living rooms. Growing consumer desire for a good standard of living has an impact on market expansion as well.
Consumer electronics' strong industry penetration, the latest technologies' rising adoption rates, and consumers' sizable financial investments in connected living rooms are all expected to support the market's expansion. Furthermore, to meet the rising need for speedy services, the hotel industry is switching to commercial smart kitchen appliances.
With a rise in urban population and increased spending on house renovations, smart home gadgets are gaining popularity in emerging nations. During the forecast period, it is predicted that increasing consumer demand for nutrient-dense food and growing awareness about the benefits of living a healthy lifestyle would drive the global market for smart kitchen equipment. To increase their revenue streams, major businesses are releasing smart home products that are AI-powered.
As a result, and a natural consequence of economic development, urbanization in India has progressed similarly to urbanization elsewhere in the world. The shift in employment from rural to urban-based products and services is one part of the trend. Improvements in agricultural performance have aided urbanization, as evidenced by some of the nation's top districts for the production of rice and wheat. According to the Planning Commission of the Indian Government, in India, only 25 million, or 10.84%, people were living in urban areas in 1901.
The China market dominated the Asia Pacific Home Automation and Controls Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8, 631.1 Million by 2028.The Japan market is estimated to grow a CAGR of 11.2% during (2022-2028). Additionally, The India market would experience a CAGR of 12.6% during (2022-2028).
Based on Application, the market is segmented into Safety & Security, Entertainment, HVAC, Lighting and Others. Based on Type, the market is segmented into Home Automation System, Mainstream Home Automation System and Managed Home Automation System. Based on Technology, the market is segmented into Computing Network Home Automation Systems, Wireless Home Automation Systems, Wired Home Automation Systems and Powerline Home Automation Systems. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Honeywell International, Inc., ABB Group, Johnson Controls International PLC, Harman International Industries, Inc. (Samsung Electronics Co., Ltd.), Snap One Holdings Corp. (Control4), Legrand Group, ADT Inc., Nice S.p.A., and Leviton Manufacturing Co., Inc.
Scope of the Study
By Application
- Safety & Security
- Entertainment
- HVAC
- Lighting
- Others
By Type
- Home Automation System
- Mainstream Home Automation System
- Managed Home Automation System
By Technology
- Computing Network Home Automation Systems
- Wireless Home Automation Systems
- Wired Home Automation Systems
- Powerline Home Automation Systems
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Siemens AG
- Honeywell International, Inc.
- ABB Group
- Johnson Controls International PLC
- Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
- Snap One Holdings Corp. (Control4)
- Legrand Group
- ADT Inc.
- Nice S.p.A.
- Leviton Manufacturing Co., Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Home Automation and Controls Market, by Application
1.4.2 Asia Pacific Home Automation and Controls Market, by Type
1.4.3 Asia Pacific Home Automation and Controls Market, by Technology
1.4.4 Asia Pacific Home Automation and Controls Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisitions and Mergers : 2018, Jan - 2022, Jun) Leading Players
Chapter 4. Asia Pacific Home Automation and Controls Market by Application
4.1 Asia Pacific Safety & Security Market by Country
4.2 Asia Pacific Entertainment Market by Country
4.3 Asia Pacific HVAC Market by Country
4.4 Asia Pacific Lighting Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Home Automation and Controls Market by Type
5.1 Asia Pacific Home Automation System Market by Country
5.2 Asia Pacific Mainstream Home Automation System Market by Country
5.3 Asia Pacific Managed Home Automation System Market by Country
Chapter 6. Asia Pacific Home Automation and Controls Market by Technology
6.1 Asia Pacific Computing Network Home Automation Systems Market by Country
6.2 Asia Pacific Wireless Home Automation Systems Market by Country
6.3 Asia Pacific Wired Home Automation Systems Market by Country
6.4 Asia Pacific Powerline Home Automation Systems Market by Country
Chapter 7. Asia Pacific Home Automation and Controls Market by Country
7.1 China Home Automation and Controls Market
7.1.1 China Home Automation and Controls Market by Application
7.1.2 China Home Automation and Controls Market by Type
7.1.3 China Home Automation and Controls Market by Technology
7.2 Japan Home Automation and Controls Market
7.2.1 Japan Home Automation and Controls Market by Application
7.2.2 Japan Home Automation and Controls Market by Type
7.2.3 Japan Home Automation and Controls Market by Technology
7.3 India Home Automation and Controls Market
7.3.1 India Home Automation and Controls Market by Application
7.3.2 India Home Automation and Controls Market by Type
7.3.3 India Home Automation and Controls Market by Technology
7.4 South Korea Home Automation and Controls Market
7.4.1 South Korea Home Automation and Controls Market by Application
7.4.2 South Korea Home Automation and Controls Market by Type
7.4.3 South Korea Home Automation and Controls Market by Technology
7.5 Singapore Home Automation and Controls Market
7.5.1 Singapore Home Automation and Controls Market by Application
7.5.2 Singapore Home Automation and Controls Market by Type
7.5.3 Singapore Home Automation and Controls Market by Technology
7.6 Malaysia Home Automation and Controls Market
7.6.1 Malaysia Home Automation and Controls Market by Application
7.6.2 Malaysia Home Automation and Controls Market by Type
7.6.3 Malaysia Home Automation and Controls Market by Technology
7.7 Rest of Asia Pacific Home Automation and Controls Market
7.7.1 Rest of Asia Pacific Home Automation and Controls Market by Application
7.7.2 Rest of Asia Pacific Home Automation and Controls Market by Type
7.7.3 Rest of Asia Pacific Home Automation and Controls Market by Technology
Chapter 8. Company Profiles
8.1 Siemens AG
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Honeywell International, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 ABB Group
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.4 Johnson Controls International PLC
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental & Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.5 Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.6 Snap One Holdings Corp. (Control4)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Recent strategies and developments:
8.6.4.1 Product Launches and Product Expansions:
8.6.4.2 Acquisition and Mergers:
8.7 Legrand Group
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 ADT Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Partnerships, Collaborations, and Agreements:
8.8.4.2 Product Launches and Product Expansions:
8.8.4.3 Acquisition and Mergers:
8.9 Nice S.p.A.
8.9.1 Company Overview
8.10. Leviton Manufacturing Co., Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.2.2 Product Launches and Product Expansions:
Companies Mentioned
- Siemens AG
- Honeywell International, Inc.
- ABB Group
- Johnson Controls International PLC
- Harman International Industries, Inc. (Samsung Electronics Co., Ltd.)
- Snap One Holdings Corp. (Control4)
- Legrand Group
- ADT Inc.
- Nice S.p.A.
- Leviton Manufacturing Co., Inc.
Methodology
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