Shibuya-ku, Tokyo, Japan, Japan, Oct 12, 2021, 11:19 /Comserve / -- The global home automation system market is expected to reach USD 110 Billion by 2025, at a CAGR of 11.3% between 2019 and 2025.
The Global Home Automation market started growing mainly from the end of the last decade. With the growing awareness related to the energy efficient systems and regional government’s initiatives helped the industry to grow. Today, apart from the mature markets of North America and Europe even the emerging markets are interested in Home automation market. The smart city projects in the mature and emerging markets such as Canada UK, Poland, Germany and India are supporting the growth of the global home automation market and hence, supporting the growth of the industries such as real estate, consumer electronics and construction.
The smartphone based control applications are largely driving the home automation market. The consumer today is interested in controlling and monitoring the home appliances at anytime from anywhere and at a click. This type of automatic applications is majorly been demanded by the working professionals who are away from their home for the maximum time of the day. They can even look after the elder people and children from their respective workplace. Hence, demanding for smartphone based control applications which can ensure safer and energy efficient home.
The global home automation system market is expected to reach USD 110 Billion by 2025, at a CAGR of 11.3% between 2019 and 2025. The main drivers of the Home Automation market are growing purchasing power of the people, increase investment in building infrastructure, growing dependence on technology, and government support.
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The home automation market is mainly driven by the North America and Western Europe market. It is expected that home automation market will be a multi million market for these two regions. Some of the major market players include AMX LLC, Crestron Electronics, Inc., Control4 Corporation, ABB Ltd., Honeywell International, and Schneider Electric SA.
Scope of the report
This research report has categorized the home automation market into following segments and sub-segments:
• Types: Market Size & Analysis
o Luxury Home Automation Systems
o Mainstream Home Automation Systems
o DIY Home Automation Systems
• Connectivity Technologies: Market Size & Analysis
o Cellular network technologies
o Wireless Communication Technologies
o Protocols &Standards
o Associations
• Control Systems & Applications: Market Size & Analysis
o HVAC Control Systems
o Energy Management And Climate Control Systems
o Security And Access Control System
o Lighting Control Systems
o Integrated Entertainment Control Systems
o Healthcare Systems And Home Monitoring
o Multifunction And Whole-Home Home Automation Systems
o Others (Pool, Spa Control,Sprinkler, and Fountains)
• Regions: Market Size &Analysis
o North America: Market Size & Analysis
-> US
-> Canada
o Western Europe (WE): Market Size & Analysis
-> UK
-> Germany
-> France
-> Italy
-> Spain
-> Rest of WE
o Asia Pacific (APAC): Market Size & Analysis
-> Japan
-> South Korea
-> China
-> India
-> Rest of APAC
o Central Eastern Europe (CEE): Market Size & Analysis
-> Poland
-> Russia
-> Turkey
-> Rest of CEE
o Latin America (LA): Market Size & Analysis
-> Brazil
-> Mexico
-> Argentina
-> Rest of LA
o Middle East & Africa (MEA): Market Size & Analysis
-> Gulf Corporation Council(GCC)
-> Africa
-> Rest of MEA
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