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The future of the home automation market looks attractive with opportunities in the residential sector. The global home automation market is expected to reach an estimated $101.1 billion by 2027 with a CAGR of 10% from 2021 to 2027. The major growth drivers for this market are increasing consumer need for simplicity of functioning and personalized experience, increasing awareness related to safety and security, and the growing adoption of cloud-based technologies.
 
Emerging trends, which have a direct impact on the dynamics of the industry, include growing demand for IoT technology in the home automation system, development of video enabled drones and constant developments in security technology products such as smart cameras and various sensors and detectors. 
 
A total of 73 figures / charts and 85 tables are provided in this 157-page report to help in your business decisions. Sample figures with insights are shown below. To learn the scope of benefits, companies researched, and other details of the home automation market report, please download the report brochure.


 
Home Automation Market by Application, Installation Type, and Technology
 
In this market, safety and security is the largest end use industry, whereas wireless is the largest market by technology. Growth in various segments of the home automation market is given below:
 
Home Automation Market by Segment
 
The study includes a forecast for the global home automation market by application, installation type, technology, and region as follows:
 
By Application [$M shipment analysis from 2016 to 2027]:
  • Safety and Security
  • Entertainment
  • Lighting
  • HVAC
  • Others
By Installation Type [$M shipment analysis from 2016 to 2027]:
  • Managed Service
  • Mainstream
  • Luxury 
  • DIY 
By Technology [$M shipment analysis from 2016 to 2027]:
  • Wired
  • BACnet 
  • Lonworks
  • DALI 
  • Modbus
  • KNX
  • Others
  • Wireless 
  • Zigbee
  • Wi-Fi
  • Bluetooth
  • EnOcean
  • Z-Wave
  • Others
By Region [$M shipment analysis for 2016 – 2027]:
  • North America
  • United States
  • Canada 
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Asia Pacific
  • Japan
  • China
  • South Korea
  • India
  • The Rest of the World 
 
Some of the home automation companies profiled in this report include ADT Corporation, Control4 Corporation, United Technologies Corporation, Honeywell, Johnson Control, Siemens AG, Acuity Brands, AMX Inc., Monitronics International, and Vivint Inc.
 
Lucintel forecasts that the safety and security market is expected to remain the largest segment due to the increasing need for continuous monitoring services to reduce the risk of crime, burglary, and theft. The entertainment segment is expected to experience the highest growth rate during the forecast period, supported by the increasing need of advanced technology to provide single platform for high level of control, flexibility, and to deliver the best entertainment experience.
 
Managed service is expected to remain the largest installation type segment due to the increasing demand for 24/7 monitoring service. Lucintel predicts that the mainstream segment is expected to experience the highest growth rate during the forecast period, supported by its easy configuration and less installation cost.
 
North America is expected to remain the largest region during the forecast period due to the increasing usage of technologies and digitalization in the US and Canada. Asia Pacific is expected to witness the highest growth over the forecast period because of increasing awareness on safety, security, and energy efficiency.
 
 
Features of the Home Automation Market
 
  • Market Size Estimates: Home Automation market size estimation in terms of value ($M)
  • Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.
  • Segmentation Analysis: Home Automation market size by various segments, such as application, installation type, technology in terms of value
  • Regional Analysis: Home Automation market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different application, installation type, technology, and regions for the home automation market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the home automation market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
 
 
This report answers following 11 key questions
Q.1 What are some of the most promising, high-growth opportunities for the global home automation market by application (safety and security, entertainment control, lighting, HVAC control, and others), by installation type (managed service, luxury, mainstream, and DIY), by technology (wired and wireless), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to the market?
Q.6 What are emerging trends in this market and the reasons behind them?
Q.7 What are some changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this market?

Report Scope

Key Features Description
Base Year for Estimation 2021
Trend Period
(Actual Estimates)
2016-2021
Forecast Period 2022-2027
Pages 157
Market Representation / Units Revenue in US $ Million
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling
Market Segments By application (safety and security, entertainment control, lighting, HVAC control, and others), by installation type (managed service, luxury, mainstream, and DIY), by technology (wired and wireless)
Regional Scope North America (The United States, Canada, and Mexico), Europe (Germany, Russia, France, and UK), Asia Pacific (China, South Korea, and Japan), and RoW
Customization 10% Customization Without any Additional Cost
 

Table of Contents
 
1. Executive Summary
 
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Forecast Analysis from 2016 to 2027
3.1: Macroeconomic Trends and Forecast
3.2: Global Home Automation Market Trends and Forecast
3.3: Global Home Automation Market by Application 
3.1.1: Safety and Security
3.1.2: Entertainment
3.1.3: HVAC Control
3.1.4: Lighting 
3.1.5: Others
3.4: Global Home Automation Market by Type of Installation
3.4.1: Managed Service
3.4.2: Luxury
3.4.3: Mainstream
3.4.4: DIY (Do It Yourself)
3.5: Global Home Automation Market by Technology
3.5.1: Wired
3.5.1.1: BACnet 
3.5.1.2: Lonworks
3.5.1.3: DALI
3.5.1.4: Modbus
3.5.1.5: KNX
3.5.1.6: Others
3.5.2: Wireless
3.5.2.1: Zigbee
3.5.2.2: Wi-Fi
3.5.2.3: Bluetooth
3.5.2.4: EnOcean
3.5.2.5: Z-wave 
3.5.2.6: Others 
 
4. Market Trends and Forecast Analysis by Region
4.1: Global Home Automation Market by Region
4.2: North American Home Automation Market
4.2.1: Market by Application: Safety and Security, Entertainment, Lighting, HVAC Control, and Others
4.2.2: The US Home Automation Market
4.2.3: The Canadian Home Automation Market
4.2.4: The Mexican Home Automation Market
4.3: European Home Automation Market
4.3.1: Market by Application: Safety and Security, Entertainment, Lighting, HVAC Control, and Others
4.3.2: The United Kingdom Home Automation Market
4.3.3: The German Home Automation Market
4.3.4: The French Home Automation Market
4.4: APAC Home Automation Market
4.4.1: Market by Application: Safety and Security, Entertainment, Lighting, HVAC Control, and Others
4.4.2: The Chinese Home Automation Market
4.4.3: The Japanese Home Automation Market 
4.4.4: The Indian Home Automation Market
4.4.5: The South Korean Home Automation Market
4.5: ROW Home Automation Market 
4.5.1: Market by Application: Safety and Security, Entertainment, Lighting, HVAC Control, and Others  
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Geographical Reach
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Home Automation Market by Application
6.1.2: Growth Opportunities for Global Home Automation Market by Type of Installation 
6.1.3: Growth Opportunities for Global Home Automation Market by Technology
6.1.4: Growth Opportunities for Global Home Automation Market by Region
6.2: Emerging Trends in the Global Home Automation Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of Global Home Automation Market
6.3.3: Mergers, Acquisitions and Joint Ventures Global Home Automation Market 
 
7. Company Profiles of Leading Players
7.1: ADT Corporation
7.2: Honeywell International Inc.
7.3: Control4 Corporation
7.4: United Technologies Corporation
7.5: Siemens AG
7.6: Schneider Electric
7.7: Acuity Brands 
7.8: Crestron Electronics Inc.
7.9: AMX Inc.
7.10: Monitronics International
7.11: Vivint Inc.
7.12: Assa Abloy
 
.

Buy full report or by chapter as follows

Price by License Type:
[-] Hide Chapter Details
[Chapter Number] [Chapter Name] [Chapter Number Of Pages] [Chapter Price]
Title/Chapter Name Pages Price
Full Report: Home Automation Market: Trends, Opportunities and Competitive Analysis Full Report $ 4,850
73 figures/charts and 85 tables are provided in this 157- page report
Chapter - 1: Executive Summary 6 $ 435
1. Executive Summary
Chapter - 2: Market Background and Classifications 7 $ 218
2. Market Background and Classifications
2.1 Introduction, Background, and Classifications
2.2 Supply Chain
2.3 Industry Drivers and Challenges
Chapter - 3: Market Trends and Forecast Analysis, 2010-2021 47 $ 1,740
3. Market Forecast Analysis from 2011 to 2022
3.1 Macroeconomic Trends and Forecast
3.2 Global Home Automation Market Trends and Forecast
3.3 Global Home Automation Market by Application
3.1.1 Safety and Security
3.1.2 Entertainment
3.1.3 HVAC Control
3.1.4 Lighting
3.1.5 Others
3.4 Global Home Automation Market by Type of Installation
3.4.1 Managed Service
3.4.2 Luxury
3.4.3 Mainstream
3.4.4 DIY (Do It Yourself)
3.5 Global Home Automation Market by Technology
3.5.1 Wired
3.5.1.1 BACnet
3.5.1.2 Lonworks
3.5.1.3 DALI
3.5.1.4 Modbus
3.5.1.5 KNX
3.5.1.6 Others
3.5.2 Wireless
3.5.2.1 Zigbee
3.5.2.2 Wi-Fi
3.5.2.3 Bluetooth
3.5.2.4 EnOcean
3.5.2.5 Z-wave
3.5.2.6 Others
Chapter - 4: Regional Analysis, 2010-2021 27 $ 2,248
4. Market Trends and Forecast Analysis by Region
4.1 Global Home Automation Market by Region
4.2 North American Home Automation Market
4.2.1 Market by Application: Safety and Security, Entertainment, Lighting, HVAC Control, and Others
4.2.2 The US Home Automation Market
4.2.3 The Canadian Home Automation Market
4.2.4 The Mexican Home Automation Market
4.3 European Home Automation Market
4.3.1 Market by Application: Safety and Security, Entertainment, Lighting, HVAC Control, and Others
4.3.2 The United Kingdom Home Automation Market
4.3.3 The German Home Automation Market
4.3.4 The French Home Automation Market
4.4 APAC Home Automation Market
4.4.1 Market by Application: Safety and Security, Entertainment, Lighting, HVAC Control, and Others
4.4.2 The Chinese Home Automation Market
4.4.3 The Japanese Home Automation Market
4.4.4 The Indian Home Automation Market
4.4.5 The South Korean Home Automation Market
4.5 ROW Home Automation Market
4.5.1 Market by Application: Safety and Security, Entertainment, Lighting, HVAC Control, and Others
Chapter - 5: Competitor Analysis 11 $ 725
5. Competitor Analysis
5.1 Product Portfolio Analysis
5.2 Market Share Analysis
5.3 Geographical Reach
5.3 Porter’s Five Forces Analysis
Chapter - 6: Cost Structure Analysis 19 $ 508
6. Growth Opportunities and Strategic Analysis
6.1 Growth Opportunity Analysis
6.1.1 Growth Opportunities for the Global Home Automation Market by Application
6.1.2 Growth Opportunities for Global Home Automation Market by Type of Installation
6.1.3 Growth Opportunities for Global Home Automation Market by Technology
6.1.4 Growth Opportunities for Global Home Automation Market by Region
6.2 Emerging Trends in the Global Home Automation Market
6.3 Strategic Analysis
6.3.1 New Product Development
6.3.2 Capacity Expansion of Global Home Automation Market
6.3.3 Mergers, Acquisitions and Joint Ventures Global Home Automation Market
Chapter - 7: Company Profiles of Leading Players 26 $ 870
7. Company Profiles of Leading Players
7.1 ADT Corporation
7.2 Honeywell International Inc.
7.3 Control4 Corporation
7.4 United Technologies Corporation
7.5 Siemens AG.
7.6 Schneider Electric
7.7 Acuity Brands
7.8 Crestron Electronics Inc.
7.9 AMX Inc.
7.10 Monitronics International
7.11 Vivint Inc.
7.12 Assa Abloy
Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted in the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts in the home automation market. The major home automation manufacturers are Honeywell, Siemens, Schneider Electric, Johnson Control, OSRAM Licht, United Technologies, iControl, Crestron Electronics and others.
 
Below is a brief summary of the primary interviews that were conducted by both job function and region for this report.


Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.

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