Home Automation Market Projected to Grow at a magnificent CAGR During the 2022-2028 Forecast Timeframe [110 Pages Report]


Pune, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Home Automation Market In 2022 (Short Description) : Home automation involves the deployment of automation technologies, which include HVAC, appliance automation, centralized controls of lighting, security mechanisms, access control for gates and doors, and devices and mechanisms, in a residential facility to enhance comfort, optimize operational costs, and prevent energy wastage.

"Home Automation Market" Insights 2022 By Types, Applications, Regions and Forecast to 2028. The global Home Automation market size is projected to reach multi million by 2028, in comparison to 2022, with unexpected CAGR during the forecast period, the Home Automation Market Report Contains 110 Pages Including Full TOC, Tables & Figures, and Chart with In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region.

Home Automation Market - Covid-19 Impact and Recovery Analysis:

We have been tracking the direct impact of COVID-19 on this market, as well as the indirect impact from other industries. This report analyzes the impact of the pandemic on the Home Automation market from a Global and Regional perspective. The report outlines the market size, market characteristics, and market growth for Home Automation industry, categorized by type, application, and consumer sector. In addition, it provides a comprehensive analysis of aspects involved in market development before and after the Covid-19 pandemic. Report also conducted a PESTEL analysis in the industry to study key influencers and barriers to entry.

Final Report will add the analysis of the impact of COVID-19 on this industry.

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It also provides accurate information and cutting-edge analysis that is necessary to formulate an ideal business plan, and to define the right path for rapid growth for all involved industry players. With this information, stakeholders will be more capable of developing new strategies, which focus on market opportunities that will benefit them, making their business endeavors profitable in the process.

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Home Automation Market - Competitive and Segmentation Analysis:

This Home Automation Market report offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2017-2022. The report also includes company description, major business, Home Automation product introduction, recent developments and Home Automation sales by region, type, application and by sales channel.

The major players covered in the Home Automation market report are:

  • Honeywell
  • Johnson Controls
  • Schneider Electric
  • Siemens
  • ABB
  • Bosch Security System
  • Control4
  • Eaton
  • GE
  • Legrand
  • Lutron
  • Sauter
  • United Technologies

Short Summery About Home Automation Market :

The Global Home Automation market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2028. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Home automation involves the deployment of automation technologies, which include HVAC, appliance automation, centralized controls of lighting, security mechanisms, access control for gates and doors, and devices and mechanisms, in a residential facility to enhance comfort, optimize operational costs, and prevent energy wastage.

Report Overview

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Home Automation estimated at US$ 49690 million in the year 2022, is projected to reach a revised size of US$ 83670 million by 2028, growing at a CAGR of 9.1% during the forecast period 2022-2028.

The increased need for energy conservation in GCC is a key growth driver for this market. During 2015, the annual per capita energy consumption accounted to around 11.5 MWh in the GCC, which was much higher than other developed economies such as France, Japan, Italy, the UK, and Germany. As a result, governments in the region have called for conservative strategies in residential, commercial, and industrial buildings to solve power crisis. The use of HVAC controls, lighting controls, and other similar building automation solutions throughout the lifespan of the building can conserve power and minimize power wastage.

Report Scope

This latest report researches the industry structure, revenue and gross margin. Major players’ headquarters, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Home Automation companies, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases.

This report also includes a discussion of the major players across each regional Home Automation market. Further, it explains the major drivers and regional dynamics of the global Home Automation market and current trends within the industry.

Key Companies Covered

In this section of the report, the researchers have done a comprehensive analysis of the prominent players operating and the strategies they are focusing on to combat the intense competition. Company profiles and market share analysis of the prominent players are also provided in this section. Additionally, the specialists have done an all-encompassing analysis of each player. They have also provided reliable revenue, market share and rank data of the companies for the period 2017-2022. With the assistance of this report, key players, stakeholders, and other participants will be able to stay abreast of the recent and upcoming developments in the business, further enabling them to make efficient choices.

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Report further studies the market development status and future Home Automation Market trend across the world. Also, it splits Home Automation market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects.

On the basis of product type this report displays the production, revenue, price and market share and growth rate of each type, primarily split into:

  • Lighting Control
  • Security and Access Control
  • HVAC Control
  • Fire and Safety Control
  • Services
  • Home Automation

On the basis of the end users/applications this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:

  • Apartment
  • Villa

Home Automation Market - Regional Analysis:

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Home Automation in these regions, from 2015 to 2027, covering

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Some of the key questions answered in this report:

  • What is the global (North America, Europe, Asia-Pacific, South America, Middle East & Africa) sales value, production value, consumption value, import and export of Home Automation?
  • Who are the global key manufacturers of the Home Automation Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
  • What are the Home Automation market opportunities and threats faced by the vendors in the global Home Automation Industry?
  • Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
  • What focused approach and constraints are holding the Home Automation market?
  • What are the different sales, marketing, and distribution channels in the global industry?
  • What are the upstream raw materials and manufacturing equipment of Home Automation along with the manufacturing process of Home Automation?
  • What are the key market trends impacting the growth of the Home Automation market?
  • Economic impact on the Home Automation industry and development trend of the Home Automation industry.
  • What are the market opportunities, market risk, and market overview of the Home Automation market?
  • What are the key drivers, restraints, opportunities, and challenges of the Home Automation market, and how they are expected to impact the market?
  • What is the Home Automation market size at the regional and country-level?

Our research analysts will help you to get customized details for your report, which can be modified in terms of a specific region, application or any statistical details. In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective.

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Detailed TOC of Global Home Automation Market Research Report 2022

1 Home Automation Market Overview

1.1 Product Overview and Scope of Home Automation
1.2 Home Automation Segment by Type
1.2.1 Global Home Automation Market Size Growth Rate Analysis by Type 2022 VS 2028
1.3 Home Automation Segment by Application
1.3.1 Global Home Automation Consumption Comparison by Application: 2022 VS 2028
1.4 Global Market Growth Prospects
1.4.1 Global Home Automation Revenue Estimates and Forecasts (2017-2028)
1.4.2 Global Home Automation Production Capacity Estimates and Forecasts (2017-2028)
1.4.3 Global Home Automation Production Estimates and Forecasts (2017-2028)
1.5 Global Market Size by Region
1.5.1 Global Home Automation Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 2028
1.5.2 North America Home Automation Estimates and Forecasts (2017-2028)
1.5.3 Europe Home Automation Estimates and Forecasts (2017-2028)
1.5.4 China Home Automation Estimates and Forecasts (2017-2028)
1.5.5 Japan Home Automation Estimates and Forecasts (2017-2028)

2 Market Competition by Manufacturers
2.1 Global Home Automation Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Home Automation Revenue Market Share by Manufacturers (2017-2022)
2.3 Home Automation Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Home Automation Average Price by Manufacturers (2017-2022)
2.5 Manufacturers Home Automation Production Sites, Area Served, Product Types
2.6 Home Automation Market Competitive Situation and Trends
2.6.1 Home Automation Market Concentration Rate
2.6.2 Global 5 and 10 Largest Home Automation Players Market Share by Revenue
2.6.3 Mergers & Acquisitions, Expansion

3 Production Capacity by Region
3.1 Global Production Capacity of Home Automation Market Share by Region (2017-2022)
3.2 Global Home Automation Revenue Market Share by Region (2017-2022)
3.3 Global Home Automation Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 North America Home Automation Production
3.4.1 North America Home Automation Production Growth Rate (2017-2022)
3.4.2 North America Home Automation Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Home Automation Production
3.5.1 Europe Home Automation Production Growth Rate (2017-2022)
3.5.2 Europe Home Automation Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 China Home Automation Production
3.6.1 China Home Automation Production Growth Rate (2017-2022)
3.6.2 China Home Automation Production Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Japan Home Automation Production
3.7.1 Japan Home Automation Production Growth Rate (2017-2022)
3.7.2 Japan Home Automation Production Capacity, Revenue, Price and Gross Margin (2017-2022)

4 Global Home Automation Consumption by Region
4.1 Global Home Automation Consumption by Region
4.1.1 Global Home Automation Consumption by Region
4.1.2 Global Home Automation Consumption Market Share by Region
4.2 North America
4.2.1 North America Home Automation Consumption by Country
4.2.2 United States
4.2.3 Canada
4.3 Europe
4.3.1 Europe Home Automation Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Home Automation Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 China Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America Home Automation Consumption by Country
4.5.2 Mexico
4.5.3 Brazil

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5 Segment by Type
5.1 Global Home Automation Production Market Share by Type (2017-2022)
5.2 Global Home Automation Revenue Market Share by Type (2017-2022)
5.3 Global Home Automation Price by Type (2017-2022)
6 Segment by Application
6.1 Global Home Automation Production Market Share by Application (2017-2022)
6.2 Global Home Automation Revenue Market Share by Application (2017-2022)
6.3 Global Home Automation Price by Application (2017-2022)

7 Key Companies Profiled
7.1 Company
7.1.1 Home Automation Corporation Information
7.1.2 Home Automation Product Portfolio
7.1. CHome Automation Production Capacity, Revenue, Price and Gross Margin (2017-2022)
7.1.4 Company’s Main Business and Markets Served
7.1.5 Company’s Recent Developments/Updates

8 Home Automation Manufacturing Cost Analysis
8.1 Home Automation Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Home Automation
8.4 Home Automation Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Home Automation Distributors List
9.3 Home Automation Customers

10 Market Dynamics
10.1 Home Automation Industry Trends
10.2 Home Automation Market Drivers
10.3 Home Automation Market Challenges
10.4 Home Automation Market Restraints

11 Production and Supply Forecast
11.1 Global Forecasted Production of Home Automation by Region (2023-2028)
11.2 North America Home Automation Production, Revenue Forecast (2023-2028)
11.3 Europe Home Automation Production, Revenue Forecast (2023-2028)
11.4 China Home Automation Production, Revenue Forecast (2023-2028)
11.5 Japan Home Automation Production, Revenue Forecast (2023-2028)

12 Consumption and Demand Forecast
12.1 Global Forecasted Demand Analysis of Home Automation
12.2 North America Forecasted Consumption of Home Automation by Country
12.3 Europe Market Forecasted Consumption of Home Automation by Country
12.4 Asia Pacific Market Forecasted Consumption of Home Automation by Region
12.5 Latin America Forecasted Consumption of Home Automation by Country

13 Forecast by Type and by Application (2023-2028)
13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)
13.1.1 Global Forecasted Production of Home Automation by Type (2023-2028)
13.1.2 Global Forecasted Revenue of Home Automation by Type (2023-2028)
13.1.3 Global Forecasted Price of Home Automation by Type (2023-2028)
13.2 Global Forecasted Consumption of Home Automation by Application (2023-2028)
13.2.1 Global Forecasted Production of Home Automation by Application (2023-2028)
13.2.2 Global Forecasted Revenue of Home Automation by Application (2023-2028)
13.2.3 Global Forecasted Price of Home Automation by Application (2023-2028)

14 Research Finding and Conclusion

15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer

Continued….

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