- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 01 Jun 2017
Global home automation market
The global home automation market was valued at around USD 5.0 billion in 2014 and is expected to reach USD 21.0 billion in 2020, growing at a CAGR of around 25% between 2015 and 2020.
Trends in home automation unclude; centralised control of lighting, HVAC (heating, ventilation and air conditioning), appliances, security locks on gates and doors and so on, designed to provide improved convenience, comfort, energy efficiency and security. It can also provide increased quality of life for older people or people with disabilities.
Home automation is growing in popularity due to decreasing cost and simplicity. Tablet and smartphone connectivity with home automation systems has made it very straight forward for end-users to manage household systems. In addition, they can help reduce energy consumption and provided improved safety and security. Improved internet connectivity in developed economies such as U.S. Japan, UK, Germany, France, etc. is driving the demand for home automation systems. However, a lack of awareness amongst end-users among emerging and underdeveloped nations and the high cost of home automation is expected to hlod back growth.
The key types of the home automation market are; luxury (custom) home automation systems, mainstream home automation systems, DIY (Do It Yourself) home automation systems and managed home automation services.
The networking technologies used in home automation are; wired home automation systems, power-line home automation systems, computing network home automation systems, wireless home automation systems are. The wireless system management segment dominated the market in 2014, accounting for more than 40% of the overall market. With the increasing use of products enabled with wi-fi technology, demand for wireless system management is expected to go up.
On the basis of applications the market can be segmented as; lighting, safety and security, HVAC (Heating, Ventilation, and Air-Conditioning), entertainment (Home audio and video), and other applications such as robotics, heath care etc. Safety and security was the largest application market in 2014, accounting for around 20% of the total market. Increasing demand for safety and security home automation systems can be attributed to the growing need for remote home monitoring solutions. Entertainment is the second largest application market.
The market was dominated by North America with a 40% share of the total market in 2014. North America is followed by Europe and Asia Pacific. Europe is expected to see robust growth due to strong demand from Germany, UK and France.
The market is highly competitive, with the presence of well-established global market participants. Crestron Electronics, Inc., Control4 Corporation, AMX LLC, ADT Corporation, 2GIG Technologies, Siemens AG, Johnson Controls, Honeywell International Inc., iControl Networks Inc., Vantage Controls, Schneider Electric SA are some of the key vendors in the market.
 Find out more
 Related articles on Designing Buildings Wiki
- Building management systems.
- Engineering Smart Cities.
- European connected and smart home market.
- Information and communications technology.
- Internet of things.
- Making a house a home.
- PAS 180:2014 Smart cities – Vocabulary.
- PAS 181:2014 Smart city Framework. Guide to establishing strategies for smart.
- PAS 182 Smart city data concept model.
- Smart buildings.
- Smart cities design timeframe.
- Smart cities.
- Smart home.
- Smart home and light commercial market in 2017.
- Smart technology.
- The global smart homes market.
- The smart buildings market.
Featured articles and news
Eight forms of resource optimisation.
CIOB responds to Chancellor Sunak's announcement on jobs and the economy.
Revised guide to competition rules available.
Brick slip soffit systems and intricate brick features.
An innovative engineering approach could have had tragic consequence for NYC.
Some secrets behind how canals work.
Breaking down possible steps of pre-contract management.
ICE event includes comments from Welsh Government Minister Julie James.
How to write them and what they should include.
Designing Buildings Wiki becomes the world's first website to adopt the new knowledge standard.
Assessing the most beneficial design elements.
Exploring different types of vinyl flooring.