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PUBLISHER: KBV Research | PRODUCT CODE: 1448186

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PUBLISHER: KBV Research | PRODUCT CODE: 1448186

Asia Pacific Smart Home Devices Market Size, Share & Trends Analysis Report By Component (Solutions, and Services), By Type, By Country and Growth Forecast, 2023 - 2030

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The Asia Pacific Smart Home Devices Market would witness market growth of 19.8% CAGR during the forecast period (2023-2030).

Smart home devices encompass a wide range of products designed to automate and optimize various functions within the home. Rapid technological advancements, including the internet of things (IoT), artificial intelligence (AI), and wireless connectivity, have made it more accessible, affordable, and user-friendly.

Additionally, adoption of these devices has witnessed significant growth across the globe, driven by increasing consumer awareness, advancing technology, and changing lifestyles. Growing consumer awareness of the benefits and capabilities of it has fueled adoption rates.

Technology, the Government of India formulated a draft IoT Policy to develop connected and smart IoT-based systems. This policy launched a Smart City project, planning to develop 100 smart cities in the country by allocating INR 7,060 crores. Also, the Ministry of Electronics & Information Technology has approved Rs 436.87 Crore to implement the project titled Future Skill PRIME, which aims to create an ecosystem in 10 emerging and futuristic technologies, including IoT. As investment in IoT technology continues to grow, the market in India is poised for further expansion and evolution. Therefore, increasing investment in IoT technology and the growing industry in the region are driving the market's growth.

The China market dominated the Asia Pacific Smart Home Devices Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $31,394.1 Million by 2030. The Japan market is experiencing a CAGR of 19% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 20.5% during (2023 - 2030).

Based on Component, the market is segmented into Solutions, and Services. Based on Type, the market is segmented into Lighting Control, Security & Access Control, Home Appliances, Entertainment & Other Controls, Smart Kitchen, HVAC Control, Smart Furniture, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

  • Johnson Controls International PLC
  • Schneider Electric SE
  • Siemens AG
  • Honeywell International, Inc.
  • Amazon.com, Inc.
  • Apple Inc.
  • Google LLC (Alphabet Inc.)
  • Robert Bosch GmbH
  • Raytheon Technologies Corporation
  • Samsung Electronics Co., Ltd. (Samsung Group)

Asia Pacific Smart Home Devices Market Report Segmentation

By Component

  • Solutions
  • Services

By Type

  • Lighting Control
  • Security & Access Control
  • Home Appliances
  • Entertainment & Other Controls
  • Smart Kitchen
  • HVAC Control
  • Smart Furniture
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1.Market Scope & Methodology

  • 1.1Market Definition
  • 1.2Objectives
  • 1.3Market Scope
  • 1.4Segmentation
    • 1.4.1Asia Pacific Smart Home Devices Market, by Component
    • 1.4.2Asia Pacific Smart Home Devices Market, by Type
    • 1.4.3Asia Pacific Smart Home Devices Market, by Country
  • 1.5Methodology for the research

Chapter 2.Market at a Glance

  • 2.1Key Highlights

Chapter 3.Market Overview

  • 3.1Introduction
    • 3.1.1Overview
      • 3.1.1.1Market Composition and Scenario
  • 3.2Key Factors Impacting the Market
    • 3.2.1Market Drivers
    • 3.2.2Market Restraints
    • 3.2.3Market Opportunities
    • 3.2.4Market Challenges

Chapter 4.Competition Analysis - Global

  • 4.1KBV Cardinal Matrix
  • 4.2Recent Industry Wide Strategic Developments
    • 4.2.1Partnerships, Collaborations and Agreements
    • 4.2.2Product Launches and Product Expansions
    • 4.2.3Acquisition and Mergers
  • 4.3Top Winning Strategies
    • 4.3.1Key Leading Strategies: Percentage Distribution (2019-2023)
    • 4.3.2Key Strategic Move: (Partnership & Collaboration: 2019, Dec - 2024, Feb) Leading Players
  • 4.4Porter Five Forces Analysis

Chapter 5.Asia Pacific Smart Home Devices Market, by Component

  • 5.1Asia Pacific Solutions Market, by Country
  • 5.2Asia Pacific Services Market, by Country

Chapter 6.Asia Pacific Smart Home Devices Market, by Type

  • 6.1Asia Pacific Lighting Control Market, by Country
  • 6.2Asia Pacific Security & Access Control Market, by Country
  • 6.3Asia Pacific Home Appliances Market, by Country
  • 6.4Asia Pacific Entertainment & Other Controls Market, by Country
  • 6.5Asia Pacific Smart Kitchen Market, by Country
  • 6.6Asia Pacific HVAC Control Market, by Country
  • 6.7Asia Pacific Smart Furniture Market, by Country
  • 6.8Asia Pacific Others Market, by Country

Chapter 7.Asia Pacific Smart Home Devices Market, by Country

  • 7.1China Smart Home Devices Market
    • 7.1.1China Smart Home Devices Market, by Component
    • 7.1.2China Smart Home Devices Market, by Type
  • 7.2Japan Smart Home Devices Market
    • 7.2.1Japan Smart Home Devices Market, by Component
    • 7.2.2Japan Smart Home Devices Market, by Type
  • 7.3India Smart Home Devices Market
    • 7.3.1India Smart Home Devices Market, by Component
    • 7.3.2India Smart Home Devices Market, by Type
  • 7.4South Korea Smart Home Devices Market
    • 7.4.1South Korea Smart Home Devices Market, by Component
    • 7.4.2South Korea Smart Home Devices Market, by Type
  • 7.5Singapore Smart Home Devices Market
    • 7.5.1Singapore Smart Home Devices Market, by Component
    • 7.5.2Singapore Smart Home Devices Market, by Type
  • 7.6Malaysia Smart Home Devices Market
    • 7.6.1Malaysia Smart Home Devices Market, by Component
    • 7.6.2Malaysia Smart Home Devices Market, by Type
  • 7.7Rest of Asia Pacific Smart Home Devices Market
    • 7.7.1Rest of Asia Pacific Smart Home Devices Market, by Component
    • 7.7.2Rest of Asia Pacific Smart Home Devices Market, by Type

Chapter 8.Company Profiles

  • 8.1Johnson Controls International PLC
    • 8.1.1Company Overview
    • 8.1.2Financial Analysis
    • 8.1.3Segmental & Regional Analysis
    • 8.1.4Research & Development Expenses
    • 8.1.5Recent strategies and developments:
      • 8.1.5.1Partnerships, Collaborations, and Agreements:
      • 8.1.5.2Acquisition and Mergers:
    • 8.1.6SWOT Analysis
  • 8.2Schneider Electric SE
    • 8.2.1Company Overview
    • 8.2.2Financial Analysis
    • 8.2.3Segmental and Regional Analysis
    • 8.2.4Research & Development Expense
    • 8.2.5Recent strategies and developments:
      • 8.2.5.1Partnerships, Collaborations, and Agreements:
      • 8.2.5.2Product Launches and Product Expansions:
      • 8.2.5.3Acquisition and Mergers:
      • 8.2.5.4Geographical Expansions:
    • 8.2.6SWOT Analysis
  • 8.3Siemens AG
    • 8.3.1Company Overview
    • 8.3.2Financial Analysis
    • 8.3.3Segmental and Regional Analysis
    • 8.3.4Research & Development Expense
    • 8.3.5Recent strategies and developments:
      • 8.3.5.1Partnerships, Collaborations, and Agreements:
      • 8.3.5.2Acquisition and Mergers:
    • 8.3.6SWOT Analysis
  • 8.4Honeywell International, Inc.
    • 8.4.1Company Overview
    • 8.4.2Financial Analysis
    • 8.4.3Segmental and Regional Analysis
    • 8.4.4Research & Development Expenses
    • 8.4.5Recent strategies and developments:
      • 8.4.5.1Partnerships, Collaborations, and Agreements:
      • 8.4.5.2Acquisition and Mergers:
    • 8.4.6SWOT Analysis
  • 8.5Amazon.com, Inc.
    • 8.5.1Company Overview
    • 8.5.2Financial Analysis
    • 8.5.3Segmental Analysis
    • 8.5.4Recent strategies and developments:
      • 8.5.4.1Partnerships, Collaborations, and Agreements:
    • 8.5.5SWOT Analysis
  • 8.6Apple, Inc.
    • 8.6.1Company Overview
    • 8.6.2Financial Analysis
    • 8.6.3Regional Analysis
    • 8.6.4Research & Development Expense
    • 8.6.5SWOT Analysis
  • 8.7Google LLC (Alphabet Inc.)
    • 8.7.1Company Overview
    • 8.7.2Financial Analysis
    • 8.7.3Segmental and Regional Analysis
    • 8.7.4Research & Development Expense
    • 8.7.5Recent strategies and developments:
      • 8.7.5.1Partnerships, Collaborations, and Agreements:
    • 8.7.6SWOT Analysis
  • 8.8Robert Bosch GmbH
    • 8.8.1Company Overview
    • 8.8.2Financial Analysis
    • 8.8.3Segmental and Regional Analysis
    • 8.8.4Research & Development Expense
    • 8.8.5SWOT Analysis
  • 8.9Raytheon Technologies Corporation
    • 8.9.1Company Overview
    • 8.9.2Financial Analysis
    • 8.9.3Segmental and Regional Analysis
    • 8.9.4Research & Development Expense
    • 8.9.5SWOT Analysis
  • 8.10.Samsung Electronics Co., Ltd. (Samsung Group)
    • 8.10.1Company Overview
    • 8.10.2Financial Analysis
    • 8.10.3Segmental and Regional Analysis
    • 8.10.4SWOT Analysis

LIST OF TABLES

  • TABLE 1Asia Pacific Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 2Asia Pacific Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 3Partnerships, Collaborations and Agreements- Smart Home Devices Market
  • TABLE 4Product Launches And Product Expansions- Smart Home Devices Market
  • TABLE 5Acquisition and Mergers- Smart Home Devices Market
  • TABLE 6Asia Pacific Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 7Asia Pacific Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 8Asia Pacific Solutions Market, by Country, 2019 - 2022, USD Million
  • TABLE 9Asia Pacific Solutions Market, by Country, 2023 - 2030, USD Million
  • TABLE 10Asia Pacific Services Market, by Country, 2019 - 2022, USD Million
  • TABLE 11Asia Pacific Services Market, by Country, 2023 - 2030, USD Million
  • TABLE 12Asia Pacific Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 13Asia Pacific Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 14Asia Pacific Lighting Control Market, by Country, 2019 - 2022, USD Million
  • TABLE 15Asia Pacific Lighting Control Market, by Country, 2023 - 2030, USD Million
  • TABLE 16Asia Pacific Security & Access Control Market, by Country, 2019 - 2022, USD Million
  • TABLE 17Asia Pacific Security & Access Control Market, by Country, 2023 - 2030, USD Million
  • TABLE 18Asia Pacific Home Appliances Market, by Country, 2019 - 2022, USD Million
  • TABLE 19Asia Pacific Home Appliances Market, by Country, 2023 - 2030, USD Million
  • TABLE 20Asia Pacific Entertainment & Other Controls Market, by Country, 2019 - 2022, USD Million
  • TABLE 21Asia Pacific Entertainment & Other Controls Market, by Country, 2023 - 2030, USD Million
  • TABLE 22Asia Pacific Smart Kitchen Market, by Country, 2019 - 2022, USD Million
  • TABLE 23Asia Pacific Smart Kitchen Market, by Country, 2023 - 2030, USD Million
  • TABLE 24Asia Pacific HVAC Control Market, by Country, 2019 - 2022, USD Million
  • TABLE 25Asia Pacific HVAC Control Market, by Country, 2023 - 2030, USD Million
  • TABLE 26Asia Pacific Smart Furniture Market, by Country, 2019 - 2022, USD Million
  • TABLE 27Asia Pacific Smart Furniture Market, by Country, 2023 - 2030, USD Million
  • TABLE 28Asia Pacific Others Market, by Country, 2019 - 2022, USD Million
  • TABLE 29Asia Pacific Others Market, by Country, 2023 - 2030, USD Million
  • TABLE 30Asia Pacific Smart Home Devices Market, by Country, 2019 - 2022, USD Million
  • TABLE 31Asia Pacific Smart Home Devices Market, by Country, 2023 - 2030, USD Million
  • TABLE 32China Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 33China Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 34China Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 35China Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 36China Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 37China Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 38Japan Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 39Japan Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 40Japan Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 41Japan Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 42Japan Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 43Japan Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 44India Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 45India Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 46India Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 47India Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 48India Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 49India Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 50South Korea Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 51South Korea Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 52South Korea Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 53South Korea Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 54South Korea Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 55South Korea Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 56Singapore Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 57Singapore Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 58Singapore Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 59Singapore Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 60Singapore Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 61Singapore Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 62Malaysia Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 63Malaysia Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 64Malaysia Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 65Malaysia Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 66Malaysia Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 67Malaysia Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 68Rest of Asia Pacific Smart Home Devices Market, 2019 - 2022, USD Million
  • TABLE 69Rest of Asia Pacific Smart Home Devices Market, 2023 - 2030, USD Million
  • TABLE 70Rest of Asia Pacific Smart Home Devices Market, by Component, 2019 - 2022, USD Million
  • TABLE 71Rest of Asia Pacific Smart Home Devices Market, by Component, 2023 - 2030, USD Million
  • TABLE 72Rest of Asia Pacific Smart Home Devices Market, by Type, 2019 - 2022, USD Million
  • TABLE 73Rest of Asia Pacific Smart Home Devices Market, by Type, 2023 - 2030, USD Million
  • TABLE 74Key Information - Johnson Controls International PLC
  • TABLE 75Key Information - Schneider Electric SE
  • TABLE 76Key Information - Siemens AG
  • TABLE 77Key Information - Honeywell International, Inc.
  • TABLE 78Key Information - Amazon.com, Inc.
  • TABLE 79Key Information - Apple, Inc.
  • TABLE 80Key Information - Google LLC
  • TABLE 81Key Information - Robert Bosch GmbH
  • TABLE 82Key Information - Raytheon Technologies Corporation
  • TABLE 83Key Information - Samsung Electronics Co., Ltd.
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