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North America Home Automation Systems Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

The North America home automation systems market reached a value of US$ 12.35 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Home automation systems, also known as domotics, refer to technological solutions designed for automatically controlling various electronic devices installed in a house. They can control and monitor air-conditioning, heating, lighting, power control, entertainment and, fire and security. These systems enable an individual to easily monitor his home using a computer interface on a tablet or a smartphone, based on personal preferences. At present, aspirational lifestyles and a drive to achieve a high standard of living are influencing consumers to invest in sophisticated technologies like home automation systems. Besides this, the evolution and mass commercialization of smart homes has led to a large-scale modification in this market.

The North America home automation systems market is currently driven by several factors. Rising consumer awareness about technological innovations and optimized energy consumption are some of the factors that are supporting the growth of the market in the region. Moreover, home automation systems help in saving a significant amount of energy and utility costs as they can be used for regulating outlets or appliances, thereby enhancing the product demand. In addition to this, increased need for safety and compliance with the stringent government regulations have also fueled the market growth. Furthermore, owing to the emergence of several modern renovation and redecoration trends, the overall demand for home automation systems is projected to escalate in North America in the next few years. 


Report Scope:

  • North America Home Automation Systems Market
     
  • Key Regions Analysed
    • United States
    • Canada
    • Mexico
       
  • Analysis for Each Country
     
  • Market by Application
    • Lighting Control
    • Security and Access Control
    • HVAC Control
    • Entertainment
    • Others
       
  • Market by Type
    • Luxury (Custom) Home Automation Systems
    • Mainstream Home Automation Systems
    • DIY (Do-it-yourself) Home Automation Systems
    • Managed Home Automation Systems
       
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • PESTEL Analysis
  • Government Regulations
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles

 

Report Coverages:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Application, Type, Country
Countries Covered United States, Canada, Mexico
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License $ 2499
Five User License $ 3499
Corporate License $ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the North America home automation systems market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America home automation systems market?
  • What has been the impact of COVID-19 on the North America home automation systems market?
  • What is the breakup of the North America home automation systems market on the basis of application?
  • What is the breakup of the North America home automation systems market on the basis of type?
  • What are the various stages in the value chain of the North America home automation systems industry?
  • What are the key driving factors and challenges in the North America home automation systems industry?
  • What is the structure of the North America home automation systems industry and who are the key players?
  • What is the degree of competition in the North America home automation systems industry?

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    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Home Automation Systems Market
    5.1    Market Performance
    5.2    Market Breakup by Application
    5.3    Market Breakup by Type 
    5.4    Market Breakup by Region 
    5.5    Market Forecast 
6    North America Home Automation Systems Market
    6.1    Market Performance
    6.2     Impact of COVID-19
    6.3    Market Forecast 
7    North America Home Automation Systems Market: Breakup by Application 
    7.1    Lighting Control
    7.2    Security and Access Control
    7.3    HVAC Control
    7.4    Entertainment
    7.5    Others
8    North America Home Automation Systems Market: Breakup by Type 
    8.1    Luxury (Custom) Home Automation Systems
    8.2    Mainstream Home Automation Systems
    8.3    DIY (Do-it-yourself) Home Automation Systems
    8.4    Managed Home Automation Systems
9    North America Home Automation Systems Market: Breakup by Country 
    9.1   United States
     9.1.1    Historical Market Trends
     9.1.2    Market Breakup by Application
     9.1.3    Market Breakup by Type 
     9.1.4    Market Forecast
    9.2   Canada
     9.2.1    Historical Market Trends
     9.2.2    Market Breakup by Application 
     9.2.3    Market Breakup by Type 
     9.2.4    Market Forecast
    9.3   Mexico
     9.3.1    Historical Market Trends
     9.3.2    Market Breakup by Application 
     9.3.3    Market Breakup by Type 
     9.3.4    Market Forecast
10    SWOT Analysis 
    10.1    Overview 
    10.2    Strengths
    10.3    Weaknesses 
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis 
    11.1    Overview
    11.2    Product Manufacturer
    11.3    Dealer/Distributor
    11.4    Consultant/Architect
    11.5    System Integrator
    11.6    Electrical Contractor
    11.7    End-User
12    Porter’s Five Forces Analysis 
    12.1     Overview
    12.2     Bargaining Power of Buyers
    12.3     Bargaining Power of Suppliers
    12.4     Degree of Rivalry
    12.5     Threat of New Entrants
    12.6     Threat of Substitutes
13    Competitive Landscape
    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players

List of Figures

Figure 1: Global: Home Automation Systems Market: Sales Value (in Billion US$), 2015-2020
Figure 2: Global: Home Automation Systems Market: Breakup by Application (in %), 2020
Figure 3: Global: Home Automation Systems Market: Breakup by Type (in %), 2020
Figure 4: Global: Home Automation Systems Market: Breakup by Region (in %), 2020
Figure 5: Global: Home Automation Systems Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 6: North America: Home Automation Systems Market: Sales Value (in Billion US$), 2015-2020
Figure 7: North America: Home Automation Systems Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 8: North America: Home Automation Systems Market: Breakup by Application (in %), 2020
Figure 9: North America: Home Automation Systems (Lighting Control) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: North America: Home Automation Systems (Lighting Control) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: North America: Home Automation Systems (Security and Access Control) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: North America: Home Automation Systems (Security and Access Control) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: North America: Home Automation Systems (HVAC Control) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: North America: Home Automation Systems (HVAC Control) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: North America: Home Automation Systems (Entertainment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: North America: Home Automation Systems (Entertainment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: North America: Home Automation Systems (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: North America: Home Automation Systems (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: North America: Home Automation Systems Market: Breakup by Type (in %), 2020
Figure 20: North America: Home Automation Systems (Luxury Home Automation Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: North America: Home Automation Systems (Luxury Home Automation Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: North America: Home Automation Systems (Mainstream Home Automation Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: North America: Home Automation Systems (Mainstream Home Automation Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: North America: Home Automation Systems (Do-it-yourself- Home Automation Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: North America: Home Automation Systems (Do-it-yourself- Home Automation Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: North America: Home Automation Systems (Managed Home Automation Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: North America: Home Automation Systems (Managed Home Automation Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: North America: Home Automation Systems Market: Breakup by Country (in %), 2020
Figure 29: United States: Home Automation Systems Market: Sales Value (in Million US$), 2015-2020
Figure 30: United States: Home Automation Systems Market: Breakup by Application (in %), 2020
Figure 31: United States: Home Automation Systems Market: Breakup by Type (in %), 2020
Figure 32: United States: Home Automation Systems Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Canada: Home Automation Systems Market: Sales Value (in Million US$), 2015-2020
Figure 34: Canada: Home Automation Systems Market: Breakup by Application (in %), 2020
Figure 35: Canada: Home Automation Systems Market: Breakup by Type (in %), 2020
Figure 36: Canada: Home Automation Systems Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Mexico: Home Automation Systems Market: Sales Value (in Million US$), 2015-2020
Figure 38: Mexico: Home Automation Systems Market: Breakup by Application (in %), 2020
Figure 39: Mexico: Home Automation Systems Market: Breakup by Type (in %), 2020
Figure 40: Mexico: Home Automation Systems Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: North America: Home Automation Systems Industry: SWOT Analysis
Figure 42: North America: Home Automation Systems Industry: Value Chain Analysis
Figure 43: North America: Home Automation Systems Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: North America: Home Automation Systems Market: Key Industry Highlights, 2020 and 2026
Table 2: North America: Home Automation Systems Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 3: North America: Home Automation Systems Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 4: North America: Home Automation Systems Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 5: North America: Home Automation Systems Market: Competitive Structure
Table 6: North America: Home Automation Systems Market: Key Players

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