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Market Research Report

Asia Pacific Smart Home Market Forecast 2019-2027

Published by Inkwood Research Product code 728652
Published Content info 84 Pages
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Asia Pacific Smart Home Market Forecast 2019-2027
Published: October 19, 2018 Content info: 84 Pages
Description

KEY FINDINGS

The Asia Pacific smart homes market is expected to have a CAGR of 18.52% over the forecast period of 2019-2027. It is estimated that APAC will be the largest regional market for smart homes by 2027 in terms of revenue.

MARKET INSIGHTS

The huge and diverse population, the improving standard of living of the people and the increased purchasing power are the major drivers of the smart homes market in this region. The availability of a wide range of high technology products aimed at making life more secure, convenient and comfortable is steadily drawing more and more customers to the concept of smart homes. However, the major obstacle in the growth of the smart homes market in the Asia Pacific is the high cost of appliances and the uncertainty about the value addition of incurring the costs.

COMPETITIVE INSIGHTS

Leading market players involved in the Asia Pacific market for smart homes are Ee Limited,Lg Electronics Inc., Siemens Ag, Samsung Electronics Co. Ltd.,Abb Ltd., Blue Line Innovations Inc, Centrica Connected Home Limited, Century Technologies Corp, Control4 Corporation, Crestron Electronics Inc, Emerson Electric Co., United Technologies Corporation. Johnson Controls Inc., Vodafone Group Plc., Solatube International Inc, Honeywell International Inc. and Schneider Electric Se.

Table of Contents
Product Code: 22298

Table of Contents

1. RESEARCH SCOPE

  • 1.1. STUDY GOALS
  • 1.2. SCOPE OF THE MARKET STUDY
  • 1.3. WHO WILL FIND THIS REPORT USEFUL?
  • 1.4. STUDY AND FORECASTING YEARS

2. RESEARCH METHODOLOGY

  • 2.1. SOURCES OF DATA
    • 2.1.1. SECONDARY DATA
    • 2.1.2. PRIMARY DATA
  • 2.2. TOP-DOWN APPROACH
  • 2.3. BOTTOM-UP APPROACH
  • 2.4. DATA TRIANGULATION

3. EXECUTIVE SUMMARY

  • 3.1. MARKET SUMMARY
  • 3.2. KEY FINDINGS
    • 3.2.1. ENERGY MANAGEMENT PRODUCTS IS ESTIMATED TO BE FASTEST GROWING SEGMENT BY PRODUCT
    • 3.2.2. INSTALLATION & REPAIR SERVICE TO HOLD LARGEST MARKET SHARE
    • 3.2.3. ADOPTION OF SMART HOMES WILL RISE WITH GROWTH OF CLOUD TECHNOLOGY

4. MARKET DYNAMICS

  • 4.1. TIMELINE OF SMART HOME TECHNOLOGY
  • 4.2. MARKET DEFINITION & SCOPE
  • 4.3. MARKET DRIVERS
    • 4.3.1. SWELLING AGEING POPULACE
    • 4.3.2. INCREASED CRIME RATES
    • 4.3.3. INITIATIVES BY THE GOVERNMENT
    • 4.3.4. INTENSIFYING ADOPTION TARIFFS
    • 4.3.5. GROWING URBANIZATION & INFRASTRUCTURE PROJECTS
  • 4.4. MARKET RESTRAINTS
    • 4.4.1. ABSENCE OF AWARENESS
    • 4.4.2. LACK OF COMMON STANDARDS
    • 4.4.3. HIGH PRICE OF THE SMART HOMES PRODUCTS
    • 4.4.4. THREAT OF CYBER ATTACKS
    • 4.4.5. PRIVACY CONCERNS
  • 4.5. MARKET OPPORTUNITY
    • 4.5.1. SMART CITY PROJECTS IN DEVELOPING COUNTRIES
    • 4.5.2. INCREASING AWARENESS OF HOME AND PERSONAL ELECTRONIC GADGETS
    • 4.5.3. RISING SPENDING POWER
    • 4.5.4. GROWING INTERNET OF THINGS (IOT) APPLICATIONS
  • 4.6. MARKET CHALLENGES
    • 4.6.1. ANXIETIES ABOUT CONSUMER DATA PRIVACY
    • 4.6.2. COMPLEX INSTALLATION PROCEDURE OF SMART DEVICES
    • 4.6.3. LACK OF INTEROPERABILITY
    • 4.6.4. COMPLEXITIES IN DATA COLLECTION & MANAGEMENT

5. MARKET BY PRODUCT

  • 5.1. SECURITY
  • 5.2. HEATING, VENTILATION, AND AIR CONDITIONING (HVAC)
  • 5.3. LIGHTING CONTROLLERS
  • 5.4. ENTERTAINMENT
  • 5.5. ENERGY MANAGEMENT
  • 5.6. HOME HEALTH
  • 5.7. OTHERS

6. MARKET BY SERVICE

  • 6.1. INSTALLATION & REPAIR
  • 6.2. CUSTOMIZATION

7. KEY ANALYTICS

  • 7.1. PORTERS FIVE FORCE MODEL
    • 7.1.1. THREAT OF NEW ENTRANTS
    • 7.1.2. THREAT OF SUBSTITUTES
    • 7.1.3. BARGAINING POWER OF SUPPLIERS
    • 7.1.4. BARGAINING POWER OF BUYERS
    • 7.1.5. THREAT OF RIVALRY
  • 7.2. OPPORTUNITY MATRIX
  • 7.3. VENDOR LANDSCAPE
  • 7.4. VALUE CHAIN ANALYSIS

8. GEOGRAPHICAL ANALYSIS

  • 8.1. INDIA
  • 8.2. CHINA
  • 8.3. JAPAN
  • 8.4. AUSTRALIA
  • 8.5. SOUTH KOREA
  • 8.6. REST OF ASIA PACIFIC

9. COMPANY PROFILES

  • 9.1. ABB Ltd.
  • 9.2. BLUE LINE INNOVATIONS INC
  • 9.3. CENTRICA CONNECTED HOME LIMITED
  • 9.4. CENTURY TECHNOLOGIES CORP
  • 9.5. CONTROL4 CORPORATION
  • 9.6. CRESTRON ELECTRONICS INC
  • 9.7. EE LIMITED
  • 9.8. EMERSON ELECTRIC CO.
  • 9.9. HONEYWELL INTERNATIONAL INC.
  • 9.10. JOHNSON CONTROLS, INC.
  • 9.11. LG ELECTRONICS, INC.
  • 9.12. SAMSUNG ELECTRONICS CO., LTD.
  • 9.13. SCHNEIDER ELECTRIC SE
  • 9.14. SIEMENS AG
  • 9.15. SOLATUBE INTERNATIONAL INC
  • 9.16. UNITED TECHNOLOGIES CORPORATION
  • 9.17. VODAFONE GROUP PLC

LIST OF TABLES

  • TABLE 1: TECHNOLOGIES USED IN A HOME AREA NETWORK
  • TABLE 2: ASIA PACIFIC SMART HOME MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)
  • TABLE 3: ASIA PACIFIC SMART HOME MARKET, BY TYPE, 2019-2027, (IN $ MILLION)
  • TABLE 4: ASIA PACIFIC SMART HOME MARKET, BY SERVICES, 2019-2027, (IN $ MILLION)
  • TABLE 5: OPPORTUNITY MATRIX
  • TABLE 6: VENDOR LANDSCAPE
  • TABLE 7: ASIA PACIFIC SMART HOME MARKET, BY COUNTRY, 2019-2027 ASIA PACIFIC SMART HOME MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

LIST OF FIGURES

  • FIGURE 1: TIMELINE OF SMART HOME TECHNOLOGY
  • FIGURE 2: KEY COUNTRIES BY CRIME INDEX
  • FIGURE 3: PERCENTAGE OF URBAN POPULATION ACROSS MAJOR GEOGRAPHIES, 2017
  • FIGURE 4: KEY COUNTRIES AFFECTED BY CYBERCRIME
  • FIGURE 5: ASIA PACIFIC SMART HOME PRODUCT MARKET, BY SECURITY, 2019-2027 (IN $ MILLION)
  • FIGURE 6: ASIA PACIFIC SMART HOME MARKET, BY HEATING VENTILATION AND AIR CONDITIONING, 2019-2027 (IN $ MILLION)
  • FIGURE 7: ASIA PACIFIC SMART HOME MARKET, BY LIGHTING CONTROLLERS, 2019-2027 (IN $ MILLION)
  • FIGURE 8: ASIA PACIFIC SMART HOME MARKET, BY ENTERTAINMENT, 2019-2027 (IN $ MILLION)
  • FIGURE 9: ASIA PACIFIC SMART HOME MARKET, BY ENERGY MANAGEMENT, 2019-2027 (IN $ MILLION)
  • FIGURE 10: ASIA PACIFIC SMART HOME MARKET, BY HOME HEALTH, 2019-2027 (IN $ MILLION)
  • FIGURE 11: ASIA PACIFIC OTHER SMART HOME MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 12: ASIA PACIFIC SMART HOME MARKET, BY INSTALLATION & REPAIR, 2019-2027 (IN $ MILLION)
  • FIGURE 13: ASIA PACIFIC SMART HOME MARKET, BY CUSTOMIZATION, 2019-2027 (IN $ MILLION)
  • FIGURE 14: PORTER'S FIVE FORCE ANALYSIS
  • FIGURE 15: VALUE CHAIN ANALYSIS
  • FIGURE 16: ASIA PACIFIC SMART HOME MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
  • FIGURE 17: INDIA SMART HOME MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 18: CHINA HOME MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 19: JAPAN HOME MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 20: AUSTRALIA SMART HOME MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 21: SOUTH KOREA SMART HOME MARKET, 2019-2027 (IN $ MILLION)
  • FIGURE 22: REST OF ASIA PACIFIC SMART HOME MARKET, 2019-2027 (IN $ MILLION)
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