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Market Research Report

North America Home Automation Systems Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

Published by IMARC Services Private Limited Product code 919526
Published Content info 86 Pages
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North America Home Automation Systems Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024
Published: December 10, 2019 Content info: 86 Pages
Description

The North America home automation systems market reached a value of US$ 12.2 Billion in 2018. Home automation systems, also known as domotics, refer to technological solutions designed for automatically controlling various electronic devices installed in a house. They can control and monitor air-conditioning, heating, lighting, power control, entertainment and, fire and security. These systems enable an individual to easily monitor his home using a computer interface on a tablet or a smartphone, based on personal preferences. At present, aspirational lifestyles and a drive to achieve a high standard of living are influencing consumers to invest in sophisticated technologies like home automation systems. Besides this, the evolution and mass commercialization of smart homes has led to a large-scale modification in this market.

The North America home automation systems market is currently driven by several factors. Rising consumer awareness about technological innovations and optimized energy consumption are some of the factors that are supporting the growth of the market in the region. Moreover, home automation systems help in saving a significant amount of energy and utility costs as they can be used for regulating outlets or appliances, thereby enhancing the product demand. In addition to this, increased need for safety and compliance with the stringent government regulations have also fueled the market growth. Furthermore, owing to the emergence of several modern renovation and redecoration trends, the overall demand for home automation systems is projected to escalate in North America in the next few years. Looking forward, IMARC Group expects the market to reach a value of US$ 17.4 Billion by 2024, registering a CAGR of more than 6% during 2019-2024.

Report Scope

  • North America Home Automation Systems Market
  • Key Regions Analysed
    • United States
    • Canada
    • Mexico
  • Analysis for Each Country
  • Market by Application
    • Lighting Control
    • Security and Access Control
    • HVAC Control
    • Entertainment
    • Others
  • Market by Type
    • Luxury (Custom) Home Automation Systems
    • Mainstream Home Automation Systems
    • DIY (Do-it-yourself) Home Automation Systems
    • Managed Home Automation Systems
    • Value Chain Analysis
  • Key Drivers and Challenges
    • Porters Five Forces Analysis
    • PESTEL Analysis
    • Government Regulations
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles

Key Questions Answered in This Report:

  • How has the North America home automation systems market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America home automation systems market?
  • What is the breakup of the North America home automation systems market on the basis of application?
  • What is the breakup of the North America home automation systems market on the basis of type?
  • What are the various stages in the value chain of the North America home automation systems industry?
  • What are the key driving factors and challenges in the North America home automation systems industry?
  • What is the structure of the North America home automation systems industry and who are the key players?
  • What is the degree of competition in the North America home automation systems industry?

Report Coverage

  • Base Year Considered: 2018
  • Historical Data Coverage: 2013-2018
  • Market Forecast: 2019-2024
  • Currency: US$
  • Geography Covered: North America, United States, Canada and Mexico
  • Segments Covered: Application and Type

Report Customization: Although IMARC has tried to cover everything in the North America home automation systems market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.

Table of Contents
Product Code: SR1019F72_Report

Table of Contents

1. Preface

2. Scope and Methodology

  • 2.1. Objectives of the Study
  • 2.2. Stakeholders
  • 2.3. Data Sources
    • 2.3.1. Primary Sources
    • 2.3.2. Secondary Sources
  • 2.4. Market Estimation
    • 2.4.1. Bottom-Up Approach
    • 2.4.2. Top-Down Approach
  • 2.5. Forecasting Methodology

3. Executive Summary

4. Introduction

  • 4.1. Overview
  • 4.2. Key Industry Trends

5. Global Home Automation System Market

  • 5.1. Market Performance
  • 5.2. Market Breakup by Application
  • 5.3. Market Breakup by Type
  • 5.4. Market Breakup by Region
  • 5.5. Market Forecast

6. North America Home Automation System Market

  • 6.1. Market Performance
  • 6.2. Market Forecast

7. North America Home Automation System Market: Breakup by Application

  • 7.1. Lighting Control
  • 7.2. Security and Access Control
  • 7.3. HVAC Control
  • 7.4. Entertainment
  • 7.5. Others

8. North America Home Automation System Market: Breakup by Type

  • 8.1. Luxury (Custom) Home Automation Systems
  • 8.2. Mainstream Home Automation Systems
  • 8.3. DIY (Do-it-yourself) Home Automation Systems
  • 8.4. Managed Home Automation Systems

9. North America Home Automation System Market: Breakup by Country

  • 9.1 United States
    • 9.1.1. Historical Market Trends
    • 9.1.2. Market Breakup by Application
    • 9.1.3. Market Breakup by Type
    • 9.1.4. Market Forecast
  • 9.2 Canada
    • 9.2.1. Historical Market Trends
    • 9.2.2. Market Breakup by Application
    • 9.2.3. Market Breakup by Type
    • 9.2.4. Market Forecast
  • 9.3 Mexico
    • 9.3.1. Historical Market Trends
    • 9.3.2. Market Breakup by Application
    • 9.3.3. Market Breakup by Type
    • 9.3.4. Market Forecast

10. SWOT Analysis

  • 10.1. Overview
  • 10.2. Strengths
  • 10.3. Weaknesses
  • 10.4. Opportunities
  • 10.5. Threats

11. Value Chain Analysis

  • 11.1. Overview
  • 11.2. Product Manufacturer
  • 11.3. Dealer/Distributor
  • 11.4. Consultant/Architect
  • 11.5. System Integrator
  • 11.6. Electrical Contractor
  • 11.7. End-User

12. Porter's Five Forces Analysis

  • 12.1. Overview
  • 12.2. Bargaining Power of Buyers
  • 12.3. Bargaining Power of Suppliers
  • 12.4. Degree of Rivalry
  • 12.5. Threat of New Entrants
  • 12.6. Threat of Substitutes

13. Competitive Landscape

  • 13.1. Market Structure
  • 13.2. Key Players
  • 13.3. Profiles of Key Players

List of Figures

  • Figure 1: Global: Home Automation System Market: Sales Value (in Billion US$), 2013-2018
  • Figure 2: Global: Home Automation System Market: Breakup by Application (in %), 2018
  • Figure 3: Global: Home Automation System Market: Breakup by Type (in %), 2018
  • Figure 4: Global: Home Automation System Market: Breakup by Region (in %), 2018
  • Figure 5: Global: Home Automation System Market Forecast: Sales Value (in Billion US$), 2019-2024
  • Figure 6: North America: Home Automation System Market: Sales Value (in Billion US$), 2013-2018
  • Figure 7: North America: Home Automation System Market Forecast: Sales Value (in Billion US$), 2019-2024
  • Figure 8: North America: Home Automation System Market: Breakup by Application (in %), 2018
  • Figure 9: North America: Home Automation System (Lighting Control) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 10: North America: Home Automation System (Lighting Control) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 11: North America: Home Automation System (Security and Access Control) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 12: North America: Home Automation System (Security and Access Control) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 13: North America: Home Automation System (HVAC Control) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 14: North America: Home Automation System (HVAC Control) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 15: North America: Home Automation System (Entertainment) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 16: North America: Home Automation System (Entertainment) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 17: North America: Home Automation System (Other Applications) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 18: North America: Home Automation System (Other Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 19: North America: Home Automation System Market: Breakup by Type (in %), 2018
  • Figure 20: North America: Home Automation System (Luxury Home Automation Systems) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 21: North America: Home Automation System (Luxury Home Automation Systems) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 22: North America: Home Automation System (Mainstream Home Automation Systems) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 23: North America: Home Automation System (Mainstream Home Automation Systems) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 24: North America: Home Automation System (Do-it-yourself- Home Automation Systems) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 25: North America: Home Automation System (Do-it-yourself- Home Automation Systems) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 26: North America: Home Automation System (Managed Home Automation Systems) Market: Sales Value (in Million US$), 2013 & 2018
  • Figure 27: North America: Home Automation System (Managed Home Automation Systems) Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 28: North America: Home Automation System Market: Breakup by Country (in %), 2018
  • Figure 29: United States: Home Automation System Market: Sales Value (in Million US$), 2013-2018
  • Figure 30: United States: Home Automation System Market: Breakup by Application (in %), 2018
  • Figure 31: United States: Home Automation System Market: Breakup by Type (in %), 2018
  • Figure 32: United States: Home Automation System Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 33: Canada: Home Automation System Market: Sales Value (in Million US$), 2013-2018
  • Figure 34: Canada: Home Automation System Market: Breakup by Application (in %), 2018
  • Figure 35: Canada: Home Automation System Market: Breakup by Type (in %), 2018
  • Figure 36: Canada: Home Automation System Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 37: Mexico: Home Automation System Market: Sales Value (in Million US$), 2013-2018
  • Figure 38: Mexico: Home Automation System Market: Breakup by Application (in %), 2018
  • Figure 39: Mexico: Home Automation System Market: Breakup by Type (in %), 2018
  • Figure 40: Mexico: Home Automation System Market Forecast: Sales Value (in Million US$), 2019-2024
  • Figure 41: North America: Home Automation System Industry: SWOT Analysis
  • Figure 42: North America: Home Automation System Industry: Value Chain Analysis
  • Figure 43: North America: Home Automation System Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: North America: Home Automation System Market: Key Industry Highlights, 2018 and 2024
  • Table 2: North America: Home Automation System Market Forecast: Breakup by Application (in Million US$), 2019-2024
  • Table 3: North America: Home Automation System Market Forecast: Breakup by Type (in Million US$), 2019-2024
  • Table 4: North America: Home Automation System Market Forecast: Breakup by Region (in Million US$), 2019-2024
  • Table 5: North America: Home Automation System Market: Competitive Structure
  • Table 6: North America: Home Automation System Market: Key Players
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