The North America Home Automation and Control Market should witness market growth of 10.9% CAGR during the forecast period (2022-2028).
The market for home automation and controls offers integrated lighting, enhanced comfort, increased security, and better hygienic conditions in an energy-efficient and intelligent manner while reducing long-term operational expenses. Additionally, wired and wireless networks can be used by smart devices in home automation systems to connect and communicate with one another.
The market for home automation and controls has significant room for expansion in the safety and security fields. Due to the growing population and increased need for home automation systems, the current business environment has seen a spike in the demand for manufacturing many automated components.
The businesses in this sector have used a variety of cutting-edge tactics and strategies, like mergers and acquisitions, to boost their positions in the market. The parent organization of 2GIG Technologies, Nortek Control, debuted the 2GIG EDGE security and automation panel in March 2021. It features edge analytics and artificial intelligence (AI).
Due to shifts in lifestyle, safety, health, and convenience, the home appliance sector is becoming increasingly important to customers through its products and innovation. Additionally, it has a substantial impact on the stability of the US economy and job market. The high level of technology acceptability in the nation and the consumer's spending power are the elements driving the market's expansion. The use of energy-efficient appliances is being encouraged even by the government.
The US market dominated the North America 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 $23, 696.3 Million by 2028.The Canada market is poised to grow at a CAGR of 13.4% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 12.4% 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 U.S., Mexico, Canada, and Rest of North America.
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 market for home automation and controls offers integrated lighting, enhanced comfort, increased security, and better hygienic conditions in an energy-efficient and intelligent manner while reducing long-term operational expenses. Additionally, wired and wireless networks can be used by smart devices in home automation systems to connect and communicate with one another.
The market for home automation and controls has significant room for expansion in the safety and security fields. Due to the growing population and increased need for home automation systems, the current business environment has seen a spike in the demand for manufacturing many automated components.
The businesses in this sector have used a variety of cutting-edge tactics and strategies, like mergers and acquisitions, to boost their positions in the market. The parent organization of 2GIG Technologies, Nortek Control, debuted the 2GIG EDGE security and automation panel in March 2021. It features edge analytics and artificial intelligence (AI).
Due to shifts in lifestyle, safety, health, and convenience, the home appliance sector is becoming increasingly important to customers through its products and innovation. Additionally, it has a substantial impact on the stability of the US economy and job market. The high level of technology acceptability in the nation and the consumer's spending power are the elements driving the market's expansion. The use of energy-efficient appliances is being encouraged even by the government.
The US market dominated the North America 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 $23, 696.3 Million by 2028.The Canada market is poised to grow at a CAGR of 13.4% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 12.4% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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 North America Home Automation and Controls Market, by Application
1.4.2 North America Home Automation and Controls Market, by Type
1.4.3 North America Home Automation and Controls Market, by Technology
1.4.4 North America 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. North America Home Automation and Controls Market by Application
4.1 North America Safety & Security Market by Country
4.2 North America Entertainment Market by Country
4.3 North America HVAC Market by Country
4.4 North America Lighting Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Home Automation and Controls Market by Type
5.1 North America Home Automation System Market by Country
5.2 North America Mainstream Home Automation System Market by Country
5.3 North America Managed Home Automation System Market by Country
Chapter 6. North America Home Automation and Controls Market by Technology
6.1 North America Computing Network Home Automation Systems Market by Country
6.2 North America Wireless Home Automation Systems Market by Country
6.3 North America Wired Home Automation Systems Market by Country
6.4 North America Powerline Home Automation Systems Market by Country
Chapter 7. North America Home Automation and Controls Market by Country
7.1 US Home Automation and Controls Market
7.1.1 US Home Automation and Controls Market by Application
7.1.2 US Home Automation and Controls Market by Type
7.1.3 US Home Automation and Controls Market by Technology
7.2 Canada Home Automation and Controls Market
7.2.1 Canada Home Automation and Controls Market by Application
7.2.2 Canada Home Automation and Controls Market by Type
7.2.3 Canada Home Automation and Controls Market by Technology
7.3 Mexico Home Automation and Controls Market
7.3.1 Mexico Home Automation and Controls Market by Application
7.3.2 Mexico Home Automation and Controls Market by Type
7.3.3 Mexico Home Automation and Controls Market by Technology
7.4 Rest of North America Home Automation and Controls Market
7.4.1 Rest of North America Home Automation and Controls Market by Application
7.4.2 Rest of North America Home Automation and Controls Market by Type
7.4.3 Rest of North America 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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