Global Home Automation Control Market – Size, Outlook, Trends and Forecast (2024 – 2032)

The entertainment segment is anticipated to dominate the market, and the smart kitchen segment is expected to witness a significant growth rate owing to the high demand originating for smart appliances. The upsurge for push-button control, energy-preservation, shifting demographic preferences and need to safeguard the global environment from polluting and toxic wastes is expected to witness significant market growth.

Based on the type, the market is segmented into home automation, mainstream home automation and managed automation. The adoption of home automation systems is increasing, owing to the development of the construction industry and increase in demand for energy efficiency in smart homes & buildings.

The home automation industry is dominated by remote control solutions, as mobile apps and other advanced solutions are expensive in the developing regions. However, lack of standardisation is expected to hamper the home automation market growth.

Geographically, the market is categorised into North America, South America, Europe, Asia-Pacific and the Middle East and Africa. North America is estimated to be the dominant region over the forecast period owing to well-established manufacturers and large consumer base. The region accounted for largest revenue share and is expected to grow at a CAGR of more than 8% from 2017 to 2025. The North American, European, and Asia Pacific regions are anticipated to remain the key revenue generating segments over the forecast period.

The Asia Pacific region is experiencing healthy growth in disposable income owing to macroeconomic stimulus, which is anticipated to drive market growth. Innovative technologies, such as voice-controlled smart home devices,

Europe is expected to be promising for global growth through the forecast period owing to increasing investments in infrastructure to improve the standard of living. Increased demand for HVAC & energy management has significantly driven regional growth.

Global Home Automation Control Market Trends:

• Different standards for home-automated controls such as EnOcean and Z-wave have increased the adaptability of different components with each other.
• The emergence of smart kitchens.
• Integration of security.
• Devices capable of learning your habits.
• Assistive devices and interconnectivity.

Global Home Automation Control Market Research Report includes:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major market players are

• Schneider Electric SA
• Creston electronics Inc.
• Honeywell International Inc.
• Johnson controls International Plc
• ADT Corporation
• Siemens AG

Along with these companies, there were many other companies considered/cited in the report while analysing the home automation control market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.”