• Phone: +1-631-791-1145
  • Email: sales@imarcgroup.com

Home Automation System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global home automation system market was worth US$ 51.9 Billion in 2018. Home automation, or a smart home system, involves the incorporation of intelligent technology into homes for safety, comfort, and energy conservation. It includes the control and computerization of lighting, heating, ventilation, and air conditioning (HVAC), and security systems. With time, digitization has increased the consumer spending on home automation systems which enable homeowners to control, monitor and automate various functions, appliances and systems around the house with the touch of a button. This evolution of automated homes has resulted in integrated and centralized control of operations, making the lives of users more comfortable and convenient.

Home automation systems are gaining traction across the globe due to their various advantages such as notifying the users about intruders and activities at their homes, which in turn aids in preventing potential crimes. They also help in minimizing energy consumption and increasing operational efficiency. Besides this, improving living standards and the availability of affordable home automation solutions have encouraged consumers from all income segments to install these systems in their homes. Furthermore, with the use of Internet of Things (IoT) in these systems, everything from appliances to security systems can be controlled with smart home devices. This technology also enables users to monitor their home from another location using an interface on a computer, tablet or smartphone. Owing to this, several technology giants like Apple, Google, Microsoft and Samsung have invested in the home automation business. Looking forward, IMARC Group expects the market value to reach US$ 84.4 Billion by 2024, expanding at a CAGR of 8.5% during 2019-2024.

Breakup by Application:

  • Lighting control
  • Security and access control
  • HVAC control
  • Entertainment and other controls

Security and access control currently represent the largest application segment due to growing privacy issues, increasing crime rates and other security concerns.

Breakup by Type:

  • Luxury (Custom)
  • Mainstream
  • DIY (Do-It-Yourself)
  • Managed

Amongst these, managed home automation systems dominate the market. They involve pre-packaged solutions offered by telecom service providers who align with home automation system companies to provide end-to-end monitoring, control and energy management services.

Regional Insights:

  • North America
  • Europe
  • Asia
  • Rest of the world

On a geographical front, Asia enjoys the leading position in the market on account of the increasing awareness about home automation systems, new residential projects and rising income levels of consumers.

Competitive Landscape:

The market is highly fragmented in nature, with the presence of numerous manufacturers who compete in terms of prices and quality. Some of the leading players operating in the market are:

  • Siemens AG
  • Honeywell International, Inc.
  • Johnson Controls, Inc.
  • Schneider Electric SE
  • Legrand SA
  • Ingersoll-Rand PLC
  • ABB Ltd.
  • Acuity Brands, Inc.
  • Samsung Electronics Co., Ltd.

Key Questions Answered in This Report:

  • What are the attractive opportunities in the global home automation system market?
  • What are the market drivers of the global home automation system market?
  • What are the challenges faced by the global home automation system market?
  • What are the success and risk factors for the global home automation system market?
  • What are the historical, current and future market trends in the global home automation market?
  • How is the global home automation market segmented on the basis of the application?
  • How is the global home automation market segmented on the basis of the type?
  • How is the global home automation market segmented on the basis of geography?
  • What is the performance of the key players in the global home automation market?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Home Automation System

    4.1   Overview
    4.2   SWOT Analysis
        4.2.1 Overview
        4.2.2 Strengths
        4.2.3 Weaknesses
        4.2.4 Opportunities
        4.2.5 Threats
    4.3 Value Chain Analysis
        4.3.1 Product Manufacturer
        4.3.2 Dealer/Distributor
        4.3.3 Consultant/Architect
        4.3.4 System Integrator
        4.3.5 Electrical Contractor
        4.3.6 End-User
    4.4 Attractive Opportunities in the Home Automation System Market
    4.5 Porter’s Five Forces Model
        4.5.1 Threat of New Entrants
        4.5.2 Threat of Substitutes
        4.5.3 Bargaining Power of Suppliers
        4.5.4 Bargaining Power of Buyers
        4.5.5 Intensity of Competitive Rivalry
5   Market Dynamics
    5.1 Drivers
    5.2 Challenges
6   Home Automation System Market
    6.1 Market Performance 
        6.1.1 Volume Trend 
        6.1.2 Value Trend 
    6.2 Market Breakup by Application
    6.3 Market Breakup by Type
    6.4 Market Breakup by Region
7   Home Automation System Market: Performance by Application
    7.1 Lighting Control
        7.1.1 Current and Historical Market Trends
        7.1.2 Market Breakup by Region
        7.1.3 Market Outlook
    7.2 Security and Access Control
        7.2.1 Current and Historical Market Trends
        7.2.2 Market Breakup by Region
        7.2.3 Market Outlook
    7.3 HVAC Control
        7.3.1 Current and Historical Market Trends
        7.3.2 Market Breakup by Region
        7.3.3 Market Outlook
    7.4 Entertainment and Other Controls
        7.4.1 Current and Historical Market Trends
        7.4.2 Market Breakup by Region
        7.4.3 Market Outlook
8   Home Automation System Market: Performance by Type
   
8.1   Managed Home Automation Systems
        8.1.1 Current and Historical Market Trends
        8.1.2 Market Outlook
    8.2   Mainstream Home Automation Systems
        8.2.1 Current and Historical Market Trends
        8.2.2 Market Outlook
    8.3    DIY (Do-It-Yourself) Home Automation Systems
        8.3.1 Current and Historical Market Trends
        8.3.2 Market Outlook
    8.4    Luxury (custom) Home Automation Systems
        8.4.1 Current and Historical Market Trends
        8.4.2 Market Outlook
9   Home Automation System Market: Performance by Geography
    9.1 North America
        9.1.1 Historical and Current Market Trends
        9.1.2 Market Breakup by Country
        9.1.3 Market Breakup by Application
        9.1.4 Lighting Control
            9.1.4.1 Current and Historical Market Trends
            9.1.4.2 Market Outlook
        9.1.5 Security and Access Control
            9.1.5.1 Current and Historical Market Trends
            9.1.5.2 Market Outlook
        9.1.6 HVAC Control
            9.1.6.1 Current and Historical Market Trends
            9.1.6.2 Market Outlook
        9.1.7 Entertainment and Other Controls
            9.1.7.1 Current and Historical Market Trends
            9.1.7.2 Market Outlook
        9.1.8 Market Outlook
    9.2 Europe
        9.2.1 Historical and Current Market Trends
        9.2.2 Market Breakup by Country
        9.2.3 Market Segmentation by Application
        9.2.4 Lighting Control
            9.2.4.1 Current and Historical Market Trends
            9.2.4.2 Market Outlook
        9.2.5 Security and Access Control
            9.2.5.1 Current and Historical Market Trends
            9.2.5.2 Market Outlook
        9.2.6 HVAC Control
            9.2.6.1 Current and Historical Market Trends
            9.2.6.2 Market Outlook
        9.2.7 Entertainment and Other Controls
            9.2.7.1 Current and Historical Market Trends
            9.2.7.2 Market Outlook
        9.2.8 Market Outlook
    9.3 Asia
        9.3.1 Historical and Current Market Trends
        9.3.2 Market Breakup by Country
        9.3.3 Market Segmentation by Application
        9.3.4 Lighting Control
            9.3.4.1 Current and Historical Market Trends
            9.3.4.2 Market Outlook      
        9.3.5 Security and Access Control
            9.3.5.1 Current and Historical Market Trends
            9.3.5.2 Market Outlook
        9.3.6 HVAC Control
            9.3.6.1 Current and Historical Market Trends
            9.3.6.2 Market Outlook
        9.3.7 Entertainment and Other Controls
            9.3.7.1 Current and Historical Market Trends
            9.3.7.2 Market Outlook
        9.3.8 Market Outlook
    9.4 Rest of the World
        9.4.1 Historical and Current Market Trends
        9.4.2 Market Breakup by Country
        9.4.3 Market Segmentation by Application
        9.4.4 Lighting Control System
            9.4.4.1 Current and Historical Market Trends
            9.4.4.2 Market Outlook
        9.4.5 Security and Access Control
            9.4.5.1 Current and Historical Market Trends
            9.4.5.2 Market Outlook
        9.4.6 HVAC Control
            9.4.6.1 Current and Historical Market Trends
            9.4.6.2 Market Outlook
        9.4.7 Entertainment and Other Controls
            9.4.7.1 Current and Historical Market Trends
            9.4.7.2 Market Outlook
        9.4.8 Market Outlook
10  Competitive Landscape
    10.1 Overview
    10.2 Competitive Situation and Development
11  Company Profiles
    11.1 Siemens AG
        11.1.1 Products Offered
        11.1.2 Financial Overview
    11.2 Honeywell International, Inc.
        11.2.1 Products Offered
        11.2.2 Financial Overview
    11.3 Johnson Controls Inc.
        11.3.1 Products Offered
        11.3.2 Financial Overview
    11.4 Schneider Electric SE
        11.4.1 Products Offered
        11.4.2 Financial Overview
    11.5 Legrand
        11.5.1 Products Offered
        11.5.2 Financial Overview
    11.6 Ingersoll-Rand PLC
        11.6.1 Products Offered
        11.6.2 Financial Overview
    11.7 ABB Ltd.
        11.7.1 Products Offered
        11.7.2 Financial Overview
    11.8 Acuity Brands, Inc.
        11.8.1 Products Offered
        11.8.2 Financial Overview
    11.9 Samsung Electronics Co., Ltd.
        11.9.1 Products Offered
        11.9.2 Financial Overview


List of Figures

Figure 1: Global: Home Automation System Market: SWOT Analysis
Figure 2: Global: Home Automation System Market: Supply and Value chain structure
Figure 3: Global: Home Automation System Market: Home Automation Ecosystem
Figure 4: Global: Home Automation System Market: Sales Value (in Billion US$), 2011-2018
Figure 5: Global: Home Automation System Market: System Shipments (in '000 Units), 2011-2018
Figure 6: Global: Home Automation System Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 7: Global: Home Automation System Market Forecast: System Shipments (in '000 Units), 2019-2024
Figure 8: Global: Home Automation System Market: Breakup by Application (in %), 2018
Figure 9: Global: Home Automation System Market: Breakup by Type (in %), 2018
Figure 10: Global: Home Automation System Market: Breakup by Region (in %), 2018
Figure 11: Global: Home Automation System Market: Lighting Control Segmentation
Figure 12: Global: Lighting Control Market: Sales Value (in Billion US$), 2011-2018
Figure 13: Global: Lighting Control Market: Breakup by Region (in %), 2018
Figure 14: Global: Lighting Control Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 15: Global: Home Automation System Market: Security and Access Control 
Figure 16: Global: Security and Access Control Market: Sales Value (in Billion US$), 2011-2018
Figure 17: Global: Security and Access Control Market: Breakup by Region (in %), 2018
Figure 18: Global: Security and Access Control Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 19: Global: Home Automation System Market: HVAC (Heating, Ventilation, and Air-Conditioning) Control Segmentation
Figure 20: Global: HVAC (Heating, Ventilation, and Air-Conditioning) Control Market: Sales Value (in Billion US$), 2011-2018
Figure 21: Global: HVAC (Heating, Ventilation, and Air-Conditioning) Control Market: Breakup by Region (in %), 2018
Figure 22: Global: HVAC (Heating, Ventilation, and Air-Conditioning) Control Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 23: Global: Home Automation System Market: Entertainment (Home Audio and Video) and Other Controls Market Segmentation
Figure 24: Global: Entertainment (Home Audio and Video) and Other Controls Market: Sales Value (in Billion US$), 2011-2018
Figure 25: Global: Entertainment (Home Audio and Video) and Other Controls Market: Breakup by Region (in %), 2018
Figure 26: Global: Entertainment (Home Audio and Video) and Other Controls Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 27: Global: Managed Home Automation System Shipments Market (in Thousand Units), 2011-2018
Figure 28: Global: Managed Home System Shipments Market Forecast (in Thousand Units), 2019-2024
Figure 29: Global: Mainstream Home Automation System Shipments Market (in Thousand Units), 2011-2018
Figure 30: Global: Mainstream Home Automation System Shipments Market Forecast (in Thousand Units), 2019-2024
Figure 31: Global: DIY (Do-It-Yourself) Home Automation System Shipments Market (in Thousand Units), 2011-2018
Figure 32: Global: DIY (Do-It-Yourself) Home Automation System Shipments Market Forecast (in Thousand Units), 2019-2024
Figure 33: Global: Luxury Home Automation System Shipments Market (in Thousand Units), 2011-2018
Figure 34: Global: Luxury Home Automation System Shipments Market Forecast (in Thousand Units), 2019-2024
Figure 35: North America: Home Automation System Market: Sales Value (in Billion US$), 2011-2018
Figure 36: North America: Home Automation System Market: Breakup by End Uses (in %), 2018
Figure 37: North America: Lighting Control Market: Sales Value (in Million US$), 2011-2018
Figure 38: North America: Lighting Control Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 39: North America: Security and Access Control Market: Sales Value (in Billion US$), 2011-2018
Figure 40: North America: Security and Access Control Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 41: North America: HVAC (Heating, Ventilation, and Air-Conditioning) Control Market: Sales Value (in Billion US$), 2011-2018
Figure 42: North America: HVAC (Heating, Ventilation, and Air-Conditioning) Control Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 43: North America: Entertainment (Home Audio and Video) and Other Controls Market: Sales Value (in Billion US$), 2011-2018
Figure 44: North America: Entertainment (Home Audio and Video) and Other Controls Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 45: North America: Home Automation System Market: Sales Value (in Billion US$), 2019-2024
Figure 46: Europe: Home Automation System Market: Sales Value (in Billion US$), 2011-2018
Figure 47: Europe: Home Automation System Market: Breakup by End Uses (in %), 2018
Figure 48: Europe: Lighting Control Market: Sales Value (in Million US$), 2011-2018
Figure 49: Europe: Lighting Control Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 50: Europe: Security and Access Control Market: Sales Value (in Billion US$), 2011-2018
Figure 51: Europe: Security and Access Control Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 52: Europe: HVAC (Heating, Ventilation, and Air-Conditioning) Control Market: Sales Value (in Billion US$), 2011-2018
Figure 53: Europe: HVAC (Heating, Ventilation, and Air-Conditioning) Control Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 54: Europe: Entertainment (Home Audio and Video) Control Market: Sales Value (in Billion US$), 2011-2018
Figure 55: Europe: Entertainment (Home Audio and Video) Control Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 56: Europe: Home Automation System Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 57: Asia: Home Automation System Market: Sales Value (in Billion US$), 2011-2018
Figure 58: Asia: Home Automation System Market: Breakup by End Uses (in %), 2018
Figure 59: Asia: Lighting Control Market: Sales Value (in Million US$), 2011-2018
Figure 60: Asia: Lighting Control Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 61: Asia: Security and Access Control Market: Sales Value (in Billion US$), 2011-2018
Figure 62: Asia: Security and Access Control Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 63: Asia: HVAC (Heating, Ventilation, and Air-Conditioning) Control Market: Sales Value (in Billion US$), 2011-2018
Figure 64: Asia: HVAC (Heating, Ventilation, and Air-Conditioning) Control Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 65: Asia: Entertainment (Home Audio and Video) Control Market: Sales Value (in Billion US$), 2011-2018
Figure 66: Asia: Entertainment (Home Audio and Video) Control Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 67: Asia: Home Automation System Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 68: ROW: Home Automation System Market: Sales Value (in Billion US$), 2011-2018
Figure 69: ROW: Home Automation System Market: Breakup by End Uses (in %), 2018
Figure 70: ROW: Lighting Control Market: Sales Value (in Million US$), 2011-2018
Figure 71: ROW: Lighting Control Market: Sales Value (in Million US$), 2019-2024
Figure 72: ROW: Security and Access Control Market: Sales Value (in Billion US$), 2011-2018
Figure 73: ROW: Security and Access Control Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 74: ROW: HVAC (Heating, Ventilation, and Air-Conditioning) Control Market: Sales Value (in Billion US$), 2011-2018
Figure 75: ROW: HVAC (Heating, Ventilation, and Air-Conditioning) Control Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 76: ROW: Entertainment (Home Audio and Video) Control Market: Sales Value (in Billion US$), 2011-2018
Figure 77: ROW: Entertainment (Home Audio and Video) Control Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 78: ROW: Home Automation System Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 79: Siemen AG: Revenue Breakup by Division (in %)
Figure 80: Siemens AG: Sales Value (in Billion US$)
Figure 81: Siemen AG: Revenue Breakup by Region (in %)
Figure 82: Honeywell International, Inc.: Revenue Breakup by Division (in %)
Figure 83: Honeywell International Inc.: Financial Data 
Figure 84: Honeywell International, Inc.: Revenue Breakup by Region (in %)
Figure 85: Johnson Controls, Inc.: Revenue Breakup by Division (in %)
Figure 86: Johnson Controls Inc.: Sales Value (in Billion US$)
Figure 87: Johnson Controls, Inc.: Revenue Breakup by Region (in %)
Figure 88: Schneider Electric SE: Revenue Breakup by Division (in %)
Figure 89: Schneider Electric SE: Sales Value (in Billion US$)
Figure 90: Schneider Electric SE: Revenue Breakup by Region (in %)
Figure 91: Legrand S.A: Sales Value (in Billion US$)
Figure 92: Legrand S.A: Revenue Breakup by Region (in %)
Figure 93: Ingersoll-Rand PLC: Revenue Breakup by Division (in %)
Figure 94: Ingersoll-Rand PLC: Sales Value (in Billion US$)
Figure 95: Ingersoll-Rand PLC: Revenue Breakup by Region (in %)
Figure 96: ABB Ltd: Revenue Breakup by Division (in %)
Figure 97: ABB Ltd.: Sales Value (in Billion US$)
Figure 98: ABB Ltd: Revenue Breakup by Region (in %)
Figure 99: Acuity Brands, Inc.: Revenue Breakup by Division (in %)
Figure 100: Acuity Brands, Inc.: Sales Value (in Billion US$)
Figure 101: Acuity Brands, Inc.: Revenue Breakup by Region (in %)
Figure 102: Ingersoll-Rand PLC: Revenue Breakup by Division (in %)
Figure 103: United Technologies Corp: Sales Value (in Billion US$)
Figure 104: Legrand S.A: Revenue Breakup by Region (in %), 2018
Figure 105: Samsung Electronics Co., Ltd.: Revenue Breakup by Division (in %)
Figure 106: Samsung Electronics Co., Ltd.: Sales Value (in Billion US$)
Figure 107: Samsung Electronics Co., Ltd.: Revenue Breakup by Region (in %)


List of Tables

Table 1: Global: IT Leaders in the Home Automation Technology Developments
Table 2: Global: Home Automation System Market: Key Industry Highlights 2018 and 2024
Table 3: Global: Home Automation System Market Forecast: Breakup by Application (in Billion US$), 2019-2024
Table 4: Global: Home Automation System Market Forecast: Breakup by Type (in Billion US$), 2019-2024
Table 5: Global: Home Automation System Market Forecast: Breakup by Region (in Billion US$), 2019-2024
Table 6: Global: Home Automation System Market: Competitive Structure
Table 7: Global: Home Automation System Market: Key Players
Table 8: Global: Notable Startups in the Home Automation Sector
Table 9: Siemens AG: Financial Data 
Table 10: Honeywell International Inc.: Financial Data 
Table 11: Johnson Controls Inc.: Financial Data 
Table 12: Schneider Electric SE: Financial Data 
Table 13: Legrand S.A: Financial Data 
Table 14: Ingersoll-Rand PLC: Financial Data
Table 15: ABB Ltd: Financial Data
Table 16: Acuity Brands, Inc.: Financial Data 
Table 17: United Technologies Corp: Financial Data 
Table 18: Samsung Electronics Co., Ltd.: Financial Data 

Note: We value your privacy and will never rent or sell your email address. Privacy policy

Purchase Options




$ 1999

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-702-409-7331 )
( India: +91-120-433-0800 )


Drop us an email at

sales@imarcgroup.com

Social Links