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Global Smart Home Market by Application (Lighting Control, Security & Access Control, HVAC Control, Home Healthcare, Home Appliances and Entertainment & Other Control) and by Geography - Opportunities & Forecast, 2018-2025 by Application (Lighting Control, Security & Access Control, HVAC Control, Home Healthcare, Home Appliances and Entertainment & Other Control) and by Geography - Opportunities & Forecast, 2018-2025

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Report Code : Published Date: March-2019 Report Format: PPT

 

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The global Smart Home market was valued at USD 52,799.8 million in 2017 and is projected to reach USD 12,5857.9 million by the end of 2025, growing at a CAGR of 11.8 % during 2018–2025.
 
Figure 1: Global Smart Home Market Revenue, 2018–2025 (USD Million)

Source: GMI Research
 
The key factors bolstering the market growth are rise in the internet of things, increasing penetration of energy-efficient systems and solutions as well as growing demand for real time home security solutions and consumer electronics worldwide. In addition, growing focus of companies towards the development of technologically advanced systems and solutions as well as augmenting demand for smartphones and smart gadgets worldwide smart home
 
Based on Application type, implantable s Lighting control Segment is anticipated to lead the market during 2018–2025
 
Lighting control is expected to dominate the market during the forecast period due to the Increasing adoption rate of intelligent lighting controls by households globally. Moreover, a paradigm shifts towards cost-effectiveness and energy efficient lighting controls which have the ability to reduce electricity consumption as they consist of advanced sensors, which automatically adjust the intensity of artificial light according to the surroundings are also driving the market growth.
 
On the other hand, entertainment control is also witnessing substantial growth in the smart home market, globally. The growth of the market can be attributed to the ease of managing and controlling entertainment systems, such as audio, volume, multimedia room controls within a house. Also, demand for home theatre system controls has grown significantly owing to the advancement in wireless communication technologies.
 
Some of the major companies involved in the manufacturing and development of smart home include Siemens AG, General Electric Company, Schneider Electric SE, Honeywell International Inc., Samsung Electronics Co. Ltd., Sony Corporation, LG Electronics, and others. Additionally, key players in the market are expanding their business by pursuing collaborations and acquisitions in potential markets                                                                                                       
 
Figure 2: Global Smart Home Market Revenue, by Region, 2017
 
Source: GMI Research
 
 Based on geography, North America held the largest share in the market in 2017 owing to the growing need for advanced security and access control solutions as well as rising usage of smartphones and tablets in smart home solutions. Europe has also registered a significant growth rate in the global Smart Home market followed by North America. Asia-Pacific is the fastest growing region in the global Smart Home market and is projected to grow at CAGR of 13.0 % during 2018-2025 due to the rising disposable income coupled with the improved standard of living of people. Moreover, consumers are highly inclined towards the installation of connected home and kitchen appliances owing to their beneficial attributes including safety, energy efficiency, and convenience
 
Various notable players operating in the market include Siemens AG, United Technologies Corporation, General Electric Company, Schneider Electric SE, Honeywell International, Inc., Ingersoll-Rand PLC, Johnson Controls Inc., ABB Ltd., Legrand S.A., Samsung Electronics Co., Ltd., Sony Corporation, Panasonic Corporation and LG Electronics among others.
 
The global smart home market has been segmented on the basis of application and key geographies. Based on the application, global smart home market has been segmented into lighting control, security & access control, HVAC control, home healthcare, home appliances and entertainment & other control. 
The research report “global neurostimulation market” provides in-depth analysis of smart home market, globally, based on application and major geographies for the forecast period from 2018 to 2025. The report highlights the major market drivers fuelling the growth as well as challenges faced by the market participants. The research report provides market size and forecast for smart home market. The report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Key questions answered in this research report:
1-    At what pace is smart home market growing, globally? What will be the growth trend in future?
2-    What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints over the coming years?
3-    What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the smart home market?
4-    What are the various application areas and how they are poised to grow?

1.  Executive Summary

2.  Introduction  

       2.1.  Study Objectives
       2.2.  Market Definition
                2.2.1.  Market Covered
                2.2.2.  Segmentation by Region
                2.2.3.  Study Years and Currency
       2.3. Market Stakeholders
       2.4. Research Methodology
       2.5. Key Questions this Study will Answer
 
3.  Smart Home Market Overview
       3.1.  Introduction
       3.2.  Market Segmentation
       3.3.  Value Chain Analysis
       3.4.  Market Drivers
       3.5.  Market Restraints
       3.6.  Market Trends
 
4.  Smart Home Market Revenue Forecast till 2025
 
5.  Smart Home Market By Application Revenue Forecast till 2025

       5.1.  Lighting Control
       5.2.  Security and Access Control
       5.3.  HVAC Control
       5.4.  Home Healthcare
       5.5.  Home Appliances
       5.6.  Entertainment & Other Controls
 
6.  Smart Home Market by Geography Revenue Forecast till 2025
       6.1.  North America – Smart Home Market Revenue Forecast till 2025
                6.1.1.  Smart Home Market by Application
                            6.1.1.1.  Lighting Control
                            6.1.1.2.  Security and Access Control
                            6.1.1.3.  HVAC Control
                            6.1.1.4.  Home Healthcare
                            6.1.1.5.  Home Appliances
                            6.1.1.6.  Entertainment & Other Controls
       6.2.  Europe – Smart Home Market Revenue Forecast till 2025
                6.2.1.  Smart Home Market by Application
                            6.2.1.1.  Lighting Control
                            6.2.1.2.  Security and Access Control
                            6.2.1.3.  HVAC Control
                            6.2.1.4.  Home Healthcare
                            6.2.1.5.  Home Appliances
                            6.2.1.6.  Entertainment & Other Controls
       6.3.  Asia-Pacific – Smart Home Market Revenue Forecast till 2025
                6.3.1.  Smart Home Market by Application
                            6.3.1.1.  Lighting Control
                            6.3.1.2.  Security and Access Control
                            6.3.1.3.  HVAC Control
                            6.3.1.4.  Home Healthcare
                            6.3.1.5.  Home Appliances
                            6.3.1.6.  Entertainment & Other Controls
       6.4.  Rest of the World –Smart Home Market Revenue Forecast till 2025
                6.4.1.  Smart Home Market by Application
                            6.4.1.1.  Lighting Control
                            6.4.1.2.  Security and Access Control
                            6.4.1.3.  HVAC Control
                            6.4.1.4.  Home Healthcare
                            6.4.1.5.  Home Appliances
                            6.4.1.6.  Entertainment & Other Control
       6.5.  Countries with high growth opportunity in Smart Home- Revenue Forecast till 2025
                6.5.1.  United States
                6.5.2.  Canada
                6.5.3.  Germany
                6.5.4.  United Kingdom 
                6.5.5.  France
                6.5.6.  China
                6.5.7.  Japan
 
7.  Competitive Landscape
       7.1.  Strategies of Major Players
                7.1.1.  Porter's Five Forces Analysis
 
8.  Company Profiles
       8.1.  Siemens AG
                8.1.1.  Company Overview
                8.1.2.  Financials
                8.1.3.  Recent Developments
       8.2.  United Technologies Corporation
                8.2.1.  Company Overview
                8.2.2.  Financials
                8.2.3.  Recent Developments
       8.3.  General Electric Company
                8.3.1.  Company Overview
                8.3.2.  Financials
                8.3.3.  Recent Developments
       8.4.  Schneider Electric SE
                8.4.1.  Company Overview
                8.4.2.  Financials
                8.4.3.  Recent Developments
       8.5.  Honeywell International Inc.
                8.5.1.  Company Overview
                8.5.2.  Financials
                8.5.3.  Recent Developments
       8.6.  Ingersoll-Rand PLC
                8.6.1.  Company Overview
                8.6.2.  Financials
                8.6.3.  Recent Developments
       8.7.  Johnson Controls International Plc.
                8.7.1.  Company Overview
                8.7.2.  Financials
                8.7.3.  Recent Developments
       8.8.  ABB Group
                8.8.1.  Company Overview
                8.8.2.  Financials
                8.8.3.  Recent Developments
       8.9.  Legrand S.A.
                8.9.1.  Company Overview
                8.9.2.  Financials
                8.9.3.  Recent Developments
       8.10.  Samsung Electronics Co., Ltd.
                8.10.1.  Company Overview
                8.10.2.  Financials
                8.10.3.  Recent Developments
       8.11.  Sony Corporation
                8.11.1.  Company Overview
                8.11.2.  Financials
                8.11.3.  Recent Developments
       8.12.  Panasonic Corporation
                8.12.1.  Company Overview
                8.12.2.  Financials
                8.12.3.  Recent Developments
       8.13.  LG Electronics
                8.13.1.  Company Overview
                8.13.2.  Financials
                8.13.3.  Recent Developments
 
9. About GMI Research
 
List of Figure

Figure 1    Global Smart Home Market Revenue By Region, 2016
Figure 2    Global Smart Home Market Revenue Forecast (2016—2025)
Figure 3    Global Smart Home Market By Geography, % Revenue Share (2016—2025)
Figure 4    Global Smart Home Market Revenue Split, By Application, 2016
Figure 5    Total Smart Home Market: Segment Attractiveness by Geography, Global Market 2016
Figure 6    Market Definition — Markets Covered
Figure 7    Market Definition — Segmentation by Region
Figure 8    Study Years
Figure 9    Smart Home Market Stakeholders
Figure 10    Research Methodology
Figure 11    Key Questions This Study will Answer
Figure 12    Applications of a Smart Home
Figure 13    Value Chain Analysis
Figure 14    Drivers
Figure 15    Drivers — Impact
Figure 16    Restraints
Figure 17    Restraints — Impact
Figure 18    Trends
Figure 19    Global Smart Home Market, Revenue Forecast 2018—2025 (USD Billion)
Figure 20    Features of a Smart Home
Figure 21    Internet Users in the United States, 2016–2018 (% of Population)
Figure 22    Global Smart Home Market, By Application, % Revenue Share, 2017
Figure 23    Global Smart Home Market, By Application, % Revenue Share, 2025
Figure 24    Global Smart Home Market, By Lighting Control, Revenue Forecast 2018—2025 (USD Million)
Figure 25    Global Smart Home Market, By Security and Access Control, Revenue Forecast 2018—2025 (USD Million)
Figure 26    Global Smart Home Market, By HVAC Control, Revenue Forecast 2018—2025 (USD Million)
Figure 27    Global Smart Home Market, By Home Healthcare, Revenue Forecast 2018—2025 (USD Million)
Figure 28    Global Smart Home Market, By Home Appliances, Revenue Forecast 2018—2025 (USD Million)
Figure 29    Global Smart Home Market, By Entertainment & Other Controls, Revenue Forecast 2018—2025 (USD Million)
Figure 30    Global Smart Home Market, By Geography, % Revenue Share, 2017
Figure 31    Global Smart Home Market, By Geography, % Revenue Share, 2025
Figure 32    North America Smart Home Market, Revenue Forecast 2018—2025 (USD Million)
Figure 33    North America Smart Home Market, By Application, Revenue Forecast 2018—2025 (USD Million)
Figure 34    United States Smart Home Market, Revenue Forecast 2018—2025 (USD Million)
Figure 35    Canada Smart Home Market, Revenue Forecast 2018—2025 (USD Million)
Figure 36    Europe Smart Home Market, Revenue Forecast 2018—2025 (USD Million)
Figure 37    Europe Smart Home Market, By Application, Revenue Forecast 2019—2025 (USD Million)
Figure 38    Germany Smart Home Market, Revenue Forecast 2018—2025 (USD Million)
Figure 39    United Kingdom Smart Home Market, Revenue Forecast 2018—2025 (USD Million)
Figure 40    France Smart Home Market, Revenue Forecast 2018—2025 (USD Million)
Figure 41    Rest of Europe Smart Home Market, Revenue Forecast 2018—2025 (USD Million)
Figure 42    Asia-Pacific Smart Home Market, Revenue Forecast 2018—2025 (USD Million)
Figure 43    Asia-Pacific Smart Home Market, By Application, Revenue Forecast 2018—2025 (USD Million)
Figure 44    China Smart Home Market, Revenue Forecast 2018—2025 (USD Million)
Figure 45    GNI Per Capita of China, 2015–2017 (USD)
Figure 46    Japan Smart Home Market, Revenue Forecast 2018—2025 (USD Million)
Figure 47    Internet Users in Japan, 2015–2017 (% of Population)
Figure 48    Rest of Asia-Pacific  Smart Home Market, Revenue Forecast 2018—2025 (USD Million)
Figure 49    RoW Smart Home Market, Revenue Forecast 2018—2025 (USD Million)
Figure 50    RoW Smart Home Market, By Application, Revenue Forecast 2018—2025 (USD Million)
Figure 51    Porter's Five Forces Analysis
Figure 52    Siemens AG Business Segments
Figure 53    Siemens AG Revenue and Growth Rate (%), FY13-16
Figure 54    Siemens AG Revenue % Breakdown by Business Segment, FY14-16
Figure 55    Siemens AG Revenue % Breakdown by Geography, FY16
Figure 56    General Electric Company Business Segments
Figure 57    General Electric Company Revenue and Growth Rate (%), FY13-16
Figure 58    General Electric Company Revenue % Breakdown by Business Segment, FY14-16
Figure 59    General Electric Company Revenue % Breakdown by Geography, FY16
Figure 60    Schneider Electric SE Business Segments
Figure 61    Schneider Electric SE Revenue and Growth Rate (%), FY13-16
Figure 62    Schneider Electric SE Revenue % Breakdown by Business Segment, FY14-16
Figure 63    Schneider Electric SE Revenue % Breakdown by Geography, FY16
Figure 64    Honeywell International Inc Business Segments
Figure 65    Honeywell International Inc. Revenue and Growth Rate (%), FY13-16
Figure 66    Honeywell International Inc. Revenue % Breakdown by Business Segment, FY14-16
Figure 67    Honeywell International Inc. Revenue % Breakdown by Geography, FY16
Figure 68    Ingersoll-Rand PLC Business Segments
Figure 69    Ingersoll-Rand PLC Revenue and Growth Rate (%), FY13-16
Figure 70    Ingersoll-Rand PLC Revenue % Breakdown by Business Segment, FY14-16
Figure 71    Ingersoll-Rand PLC Revenue % Breakdown by Geography, FY16
Figure 72    ABB Group Business Segments
Figure 73    ABB Group Revenue and Growth Rate (%), FY13-16
Figure 74    ABB Group Revenue % Breakdown by Business Segment, FY14-16
Figure 75    ABB Group Revenue % Breakdown by Geography, FY16
Figure 76    Legrand S.A. Business Segments
Figure 77    Legrand S.A. Revenue and Growth Rate (%), FY13-16
Figure 78    Legrand S.A. Revenue % Breakdown by Geography, FY16
Figure 79    Samsung Electronics Co., Ltd. Business Segments
Figure 80    Samsung Electronics Co., Ltd. Revenue and Growth Rate (%), FY13-16
Figure 81    Samsung Electronics Co., Ltd. Revenue % Breakdown by Business Segment, FY14-16
Figure 82    Samsung Electronics Co., Ltd. Revenue % Breakdown by Geography, FY16
Figure 83    Google , LLC Business Segments
Figure 84    Google, LLC Revenue and Growth Rate (%), FY 2015-17
Figure 85    Google, LLC Revenue % Breakdown by Business Segment, FY 2015-17
Figure 86    Google, LLC Revenue % Breakdown by Geography, FY 2017
Figure 87    Koninklijke Philips N.V Business Segments
Figure 88    Koninklijke Philips N.V. Revenue and Growth Rate (%), FY 2015-17
Figure 89    Koninklijke Philips N.V. Revenue % Breakdown by Business Segment, FY 2015-17
Figure 90    Koninklijke Philips N.V. Revenue % Breakdown by Geography, FY 2017


List of Table
 
Table 1    Lighting Control Devices
Table 2    Security and Access Control Devices and Services
Table 3    HVAC Control Devices
Table 4    Home Healthcare Devices
Table 5    Home Appliances
Table 6    Entertainment & Other Controls Products
Table 7    Siemens AG Recent Developments
Table 8    General Electric Company Recent Developments
Table 9    Schneider Electric SE Recent Developments
Table 10    Honeywell International Inc. Recent Developments
Table 11    Ingersoll-Rand PLC Recent Developments
Table 12    ABB Group Recent Developments
Table 13    Legrand S.A. Recent Developments
Table 14    Samsung Electronics Co., Ltd. Recent Developments
Table 15    Google , LLC Recent Developments
Table 16    Koninklijke Philips N.V. Recent Developments