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North America Home Automation Systems Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

The North America home automation systems market reached a value of US$ 13.0 Billion in 2019. 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.

North America Home Automation Systems 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. Looking forward, IMARC Group expects the market to reach a value of US$ 18.2 Billion by 2025, registering a CAGR of 5.8% during 2020-2025.


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


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 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?


Report Coverage:

  • Base Year Considered: 2019
  • Historical Data Coverage: 2014-2019
  • Market Forecast: 2020-2025
  • Currency: US$
  • Geography Covered: North America, United States, Canada and Mexico
  • Segments Covered: Application and Type
     

Report Customization: Although IMARC has tried to cover everything in the North America home automation systems market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.

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 System 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 System Market
    6.1    Market Performance
    6.2    Market Forecast 
7    North America Home Automation System 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 System 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 System 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 System Market: Sales Value (in Billion US$), 2014-2019
Figure 2: Global: Home Automation System Market: Breakup by Application (in %), 2019
Figure 3: Global: Home Automation System Market: Breakup by Type (in %), 2019
Figure 4: Global: Home Automation System Market: Breakup by Region (in %), 2019
Figure 5: Global: Home Automation System Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 6: North America: Home Automation System Market: Sales Value (in Billion US$), 2014-2019
Figure 7: North America: Home Automation System Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 8: North America: Home Automation System Market: Breakup by Application (in %), 2019
Figure 9: North America: Home Automation System (Lighting Control) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: North America: Home Automation System (Lighting Control) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: North America: Home Automation System (Security and Access Control) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: North America: Home Automation System (Security and Access Control) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: North America: Home Automation System (HVAC Control) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: North America: Home Automation System (HVAC Control) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: North America: Home Automation System (Entertainment) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: North America: Home Automation System (Entertainment) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: North America: Home Automation System (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: North America: Home Automation System (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: North America: Home Automation System Market: Breakup by Type (in %), 2019
Figure 20: North America: Home Automation System (Luxury Home Automation Systems) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: North America: Home Automation System (Luxury Home Automation Systems) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: North America: Home Automation System (Mainstream Home Automation Systems) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: North America: Home Automation System (Mainstream Home Automation Systems) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: North America: Home Automation System (Do-it-yourself- Home Automation Systems) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: North America: Home Automation System (Do-it-yourself- Home Automation Systems) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: North America: Home Automation System (Managed Home Automation Systems) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: North America: Home Automation System (Managed Home Automation Systems) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: North America: Home Automation System Market: Breakup by Country (in %), 2019
Figure 29: United States: Home Automation System Market: Sales Value (in Million US$), 2014-2019
Figure 30: United States: Home Automation System Market: Breakup by Application (in %), 2019
Figure 31: United States: Home Automation System Market: Breakup by Type (in %), 2019
Figure 32: United States: Home Automation System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: Canada: Home Automation System Market: Sales Value (in Million US$), 2014-2019
Figure 34: Canada: Home Automation System Market: Breakup by Application (in %), 2019
Figure 35: Canada: Home Automation System Market: Breakup by Type (in %), 2019
Figure 36: Canada: Home Automation System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: Mexico: Home Automation System Market: Sales Value (in Million US$), 2014-2019
Figure 38: Mexico: Home Automation System Market: Breakup by Application (in %), 2019
Figure 39: Mexico: Home Automation System Market: Breakup by Type (in %), 2019
Figure 40: Mexico: Home Automation System Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: North America: Home Automation System Industry: SWOT Analysis
Figure 42: North America: Home Automation System Industry: Value Chain Analysis
Figure 43: North America: Home Automation System Industry: Porter’s Five Forces Analysis


List of Tables

Table 1: North America: Home Automation System Market: Key Industry Highlights, 2019 and 2025
Table 2: North America: Home Automation System Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 3: North America: Home Automation System Market Forecast: Breakup by Type (in Million US$), 2020-2025
Table 4: North America: Home Automation System Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 5: North America: Home Automation System Market: Competitive Structure
Table 6: North America: Home Automation System Market: Key Players
 

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