Home Automation Market Analysis and Value Forecast Snapshot by End-use Industry 2015-2025

Forecast On Home Automation Market Global Industry
Analysis and Trends till 2025
April 2017
Report Id : REP-GB-766
Status : Ongoing
Category : Industrial Automation and Equipment
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Research Methodology (1/2)
Systematic Research Approach
1
Market profiling
2
Formulating discussion guide
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Developing list of respondents
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In-depth secondary research is used to
ascertain overall market size, top
industry players, top products, industry
associations, etc.
PMR formulates a detailed discussion
guide to conduct expert and industry
interviews
PMR develops a list of industry players
(manufacturers), distributors, retailers
and industry experts
Data collection
PMR conducts interviews with industry
experts, industry players, distributors
and retailers
Data validation
Data is validated by triangulation
method, wherein secondary, primary
and PMR analysis contribute to the final
data
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Data analysis
Insights
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Data is scrutinized using MS-Excel to
obtain qualitative and quantitative
insights about the industry
PMR delivers industry insights and
information in the required format
(PDF)
Data
Collection
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Research &
Intelligence
Data Filter
& Analysis
Identifying key opinion leaders
Questionnaire design
In-depth interviews
Coverage across value chain
Actionable
Insights
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Primary
Research
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B
SOLUTION
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Market participants
Key strengths
Product portfolio
Mapping as per value chain
Key focus segments
Primary Research #
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Linkedin
Zoominfo
Salesforce
Avention
Business
Solution
Desk
Research
C
Key industry experts
Channel study
Developments
Market dynamics
Products
Conclusions
Company
Analysis
Secondary Research #
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Company websites
Company annual
reports
White papers
Financial reports
Paid Publications#
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Factiva
GBI
Genios
Meltwater
# includes sources of databases
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Home Automation Market
Home automation provides high end solutions and uses advanced digital technology to automate our
products and systems. Home automation provides better efficiency and better performance in
automating the home or our household activities to centralized control the system. Consumers want to
customized, they want professionally installed systems, which is at their convenience and easy to use.
They want to save time, prefer energy efficient or saving products. In India, Honeywell and Tata Power
Delhi Distribution announced their Automated Demand Response (ADR) project for industrial and
commercial facilities. With the help of Honeywell technology, Tata Power Delhi distribution will link more
than 160 buildings in its distribution network. It would include power management during periods of
peak consumption.
Recently, SwannOne is launched by Swann security that allows users to control their security cameras,
lights, AC’s, locks through SwannOne app. It is a multi-faceted home automation system. This app is also
compatible with cloud storage solutions and audio analytics. Mouser Electronics is collaborating with
AirCorp, TE Connectivity, and Factory Automation System to announce a new Home and Factory
Automation Series. This series is a part of Empowering Innovation Together program, which would focus
on that would focus on innovative automation technologies that was only seen in science fiction TV
shows or movies.
Home Automation Market: Drivers & Restraints
Increase demand of smart phone based app for home automation, increase consumer awareness about
energy consuming products, technological advancement, convenience factor, rapid mobile connectivity,
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Home Automation Market
urbanization, and change in lifestyle are the most important driving factors, which are driving the growth
of the home automation market. Since home automation provides safety, security and high advance
technology advance, the demand for home automation market has increased.
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Home automation products are not considered a necessity or a must buy. Their high initial installation
cost is also very high, which is acting as a barrier for home automation market.
Home Automation Market: Segmentation
Home automation market is broadly classified on the basis of the following segments –
By Product:
 Luxury home Automation System
 Mainstream Home Automation System
 Managed Home Automation System
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Home Automation Market
 DIY(Do It Yourself Home Automation System)
By Applications:
 Safety and Security
 Lighting
 Entertainment (Audio and Video)
 Heating, Ventilation and Air conditioning
 Others
By Networking Technology:
 Wired Home Automation System
 Wireless Home Automation System
 Computing Network Home Automation System
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Home Automation Market
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Home Automation Market: Overview
The home automation market has grown substantially at a healthy CAGR due to advancement in
technology. With rising disposable income and increasing demand for high end products which are
energy consuming, home automation market is expected to grow globally. North America will emerge as
the fastest growing region in home automation market in the forecast period.
Home Automation Market: Region-wise Outlook
The home automation market is expected to register a double-digit CAGR for the forecast period.
Depending on geographic regions, home automation market is segmented into seven key regions: North
America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa.
North America dominates the global home automation due to advancement in technology, consumer
awareness and fast internet connectivity. North America is followed by Europe and Asia Pacific in the
home automation market globally.
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Home Automation Market
Home Automation Market: Key Players
Some of the key market players in home automation market are AMX, ADT Pulse, Control4
Corporation, Crestron, Vera, HomeSeer, SmartThings, Frontpoint, Savant, Siemens AG, Johnson
Controls, Honeywell.
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