Region:Global
Product Code:UMAI19136
The report published" Asia Pacific Smart Home technology Market Insights to 2024 - provides a comprehensive analysis of smart home technology market at regional level. The report focuses on overall market size for smart home technology services by various applications (safety and security, smart appliances, HVAC, home entertainment, lighting systems and energy management, by technology (wireless and wired), by end users (residential and commercial) by different countries such as China, Japan, India, South Korea and rest of APAC.
The report also provides a holistic view of the overall smart home technology market in the region as well as connected devices, pricing analysis, growth drivers, restraints and factor analysis in terms of top investments undertaken, top product launches, major merger and acquisitions.
For an in-depth market overview, the report also includes a country wise analysis. For all the top industry players, a detailed product description, short and long term strategies, financials, SWOT analysis and recent developments are also included in the regional smart home market report. In addition to this, Porter 5s along with market share of leading smart home technology companies by application (Netgear, Hanwha, Kuna, Ring, Verisure, Nest, Innogy, Medion, Amazon, Sonos, Google Home, MI, Bose, Switchmate, Belkin, tp link, hue, LG Electronics, Samsung and Other Players) have also been covered.
Smart Home Technology Market Size
In terms of revenue, the smart home technology in Asia Pacific has registered an astonishing growth with positive CAGR during the forecasted period (2018-2024). The smart home technology market in Asia Pacific has witnessed an overall rise in smart homes penetration as well as smart devices adoption in last few years. Key drivers included increasing number of smartphones, increasing awareness among consumers, rising demand for smart home energy management system and stringent government regulations on energy consumption along with swelling aging population and smart cities initiative undertaken in various countries.
Asia Pacific Smart Home Technology Market Segmentation
Segmentation by Application
Smart home technology market in Asia Pacific fetched maximum revenues from smart appliances on account of maturing IoT and increasing use of electric appliances. On the other hand, energy management segment is expected to display overwhelming growth in years to come due to growing smart cities initiatives been undertaken in various countries.
Segmentation by Technology
Wireless smart home technology in the region held dominant share in smart home technology market. The highest contribution in revenues primarily was derived from wifi enabled devices followed by bluetooth technology in smart devices accredited to soaring demand for wireless enabled devices; laptops, smartphones, televisions, tablets to name a few along with reduction in overall network costs.
In respect to wired smart home technology, Ethernet held prominent share in wired smart home technology market of the region followed by power line communication market in smart home technology owing to stimulating demand for cost effective and fast communication paired with surging number of internet users.
Segmentation by End Users
Residential smart home technology market in Asia Pacific held the prime share in smart home technology market wherein mid-range homes or apartments occupy the lead share in the respective segment as they found significant value of connected devices that help to automate their homes and facilitate great energy efficiency.
In respect to commercial smart home technology market, smart hospitals generated maximum revenues in smart home technology market attributed to maturing IoT and significant technological innovations.
Segmentation by Country
China takes the upper hand in the technological market. Increasing demand for smart devices, high penetration of smartphone & internet, and strong manufacturing base and growing awareness along with government initiatives such as smart cities mission has helped the country to dominate the smart home market in the current scenario followed by Japan and India during the forecasted period.
Scope of the report:
Asia Pacific Smart Home Market
Market Segmentation
Market Insights, by Application
Safety and Security
Smart Appliances
HVAC
Home Entertainment
Lighting and Controls
Energy Management
Lighting
Market Insights, by Technology
Wired Technologies
Wireless Technologies
Market Insights, by End Users
Residential End Users
Commercial End Users
Market Insights, by Country
China Smart Home Market
Japan Smart Home Market
India Smart Home Market
South Korea Smart Home Market
Rest of APAC Smart Home Market
Company Profiles
Haier Electronics
ABB Limited
ASSA ABLOY
Cisco Systems, Inc.
Emerson Electric Co.
General Electric Company
Samsung Electronics Ltd
IBM Corporation
LG Electronics Inc.
Schneider Electric S.E.
Siemens AG
United Technologies Corporation
Reasons to buy:
The study includes market sizing and forecasting analysis validated by authenticated key industry experts
The report presents a quick review of overall industry performance at one glance
The report covers in depth analysis of prominent industry peers with primary focus on key business financials, product portfolio, expansion strategies and recent developments
Detailed examination on drivers, restraints, key trends and opportunities prevailing in the industry.
Examination of industry attractiveness with the help of Porter's Five Forces analysis
The study comprehensively covers the market across different segments
Deep dive regional level analysis of the industry
Customization Options:
The Asia Pacific Smart Home Market can be customized to country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customised solutions to clients.
Haier Electronics, ABB Limited, ASSA ABLOY, Cisco Systems, Inc., Emerson Electric Co, General Electric Company, Samsung Electronics Ltd, IBM Corporation, LG Electronics Inc., Schneider Electric S.E., Siemens AG and United Technologies Corporation
1. MARKET INTRODUCTION
1.1 Market Definition
1.2 Objective of the Study
1.3 Limitation
1.4 Stakeholders
1.5 Currency used in the Report
2. RESEARCH METHODOLOGY OR ASSUMPTION
2.1 Secondary Data
2.2 Key Secondary Sources
2.3 Primary Data
2.4 Sampling Techniques & Data Collection Methods
2.5 Primary Participants
3. INDUSTRY PERFORMANCE
4. EXECUTIVE SUMMARY
5. MARKET OVERVIEW
5.1 Introduction
5.2 Market Dynamics
5.2.1 Increasing Awareness among the Consumers
5.2.2 Increasing Penetration of Smartphones
5.2.3 Proliferation of Internet of Things in Emerging Region
5.2.4 Surging Disposable Incomes and Urbanization
5.2.5 Smart Cities Mission
5.2.6 Growing Demand for Smart Home Energy Management System
5.2.7 Development of Interconnectivity Across Platforms and Devices
5.3 Market Restraints
5.3.1 Concerns Regarding Privacy and Hacking
5.3.2 Complex Installation and High Price of the Smart Home products
5.4 Opportunities
5.4.1 Scope for Insurance companies
5.4.2 Growth for Telecom Operators
5.4.3 Emerging Business Opportunities in Asia Pacific
5.4.4 Restoring Independence for Elders
5.5 Factor Analysis
5.5.1 Demand & Supply Side Analysis
5.5.2 Major Development & Investments in the Smart Home Market
5.5.3 Smart Home Product Launches
5.5.4 Major development and new Start-ups
5.5.5 Top Investor in the Smart Home Market
6. MARKET INSIGHTS, BY APPLICATIONS
6.1 General Overview
6.1.1 Safety and Security
6.1.2 Smart Appliances
6.1.3 Heating Ventilating, Air Conditioning (HVAC)
6.1.4 Home Entertainment
6.1.5 Smart Lighting Systems
6.1.6 Smart Energy Management
7. SMART HOME MARKET INSIGHTS, BY TECHNOLOGY
7.1 General Introduction
7.2 Wireless Smart Technology
7.2.1 Wi-Fi Technology
7.2.2 Bluetooth Technology
7.2.3 ZigBee Technology
7.2.4 Z-Wave Technology
7.2.5 Other Wireless Technology
7.3 Wired Smart Technology
7.3.1 Ethernet Technology
7.3.2 Power Line Communication
7.3.3 Fiber to Home Technology
7.3.4 Other Wired Technology
8. SMART HOME MARKET INSIGHTS, BY END-USERS
8.1 General Overview
8.2 Residential End-Users
8.2.1 Luxury Homes
8.2.2 Mid-Range Apartments/Homes
8.2.3 Assisted Homes
8.2.4 Low Energy Homes
8.3 Commercial End-Users
8.3.1 Smart Hotels
8.3.2 Smart Hospitals
8.3.3 Other Commercial Buildings
9. SMART HOME MARKET INSIGHTS, BY COUNTRY
9.1 Asia-Pacific Smart Home Market Insights
9.1.1 Asia Pacific Smart Home Market, by Country
9.2 China Smart Home Market Insights
9.2.1 China Smart Home Market, by Application
9.2.2 China Smart Home Market, by Technology
9.2.3 China Smart Wireless Technology Market, by Type
9.2.4 China Smart Home Market, by Wired Technology
9.2.5 China Smart Home Market, by End -Users
9.2.6 China Residential Smart Home Market, by Type of Residential Buildings
9.2.7 China Commercial Smart Home Market, by Type of Commercial Buildings
9.3 Japan Smart Home Market Insights
9.3.1 Japan Smart Home Market, by Application
9.3.2 Japan Smart Home Market, by Technology
9.3.3 Japan Smart Home Market, by Wireless Technology
9.3.4 Japan Smart Home Market, by Wired Technology
9.3.5 Japan Smart Home Market, by End -Users
9.3.6 Japan Residential Smart Home Market, by Type of Residential Buildings
9.3.7 Japan Commercial Smart Home Market, by Type of Commercial Buildings
9.4 India Smart Home Market Insights
9.4.1 India Smart Home Market, by Application
9.4.2 India Smart Home Market, by Technology
9.4.3 India Smart Home Market, by Wireless Technology
9.4.4 India Smart Home Market, by Wired Technology
9.4.5 India Smart Home Market, by End -Users
9.4.6 India Residential Smart Home Market, by Type of Residential Buildings
9.4.7 India Commercial Smart Home Market, by Type of Commercial Buildings
9.5 South Korea Smart Home Market Insights
9.5.1 South Korea Smart Home Market, by Application
9.5.2 South Korea Smart Home Market, by Technology
9.5.3 South Korea Smart Home Market, by Wireless Technology
9.5.4 South Korea Smart Home Market, by Wired Technology
9.5.5 South Korea Smart Home Market, by End -Users
9.5.6 South Korea Residential Smart Home Market, by Type of Buildings
9.5.7 South Korea Commercial Smart Home Market, by Type of l Buildings
9.6 Rest of Asia Pacific Smart Home Market Insights
9.6.1 Rest of APAC Smart Home Market, by Application
9.6.2 Rest of APAC Smart Home Market, by Technology
9.6.3 Rest of APAC Smart Home Market, by Wireless Technology
9.6.4 Rest of APAC Smart Home Market, by Wired Technology
9.6.5 Rest of APAC Smart Home Market, by End -Users
9.6.6 Rest of APAC Residential Smart Home Market, by Type of Buildings
9.6.7 Rest of APAC Commercial Smart Home Market, by Type of Buildings
10. COMPETITIVE SCENARIO
10.1 Porter's Five forces analysis
10.1.1 Bargaining Power of Suppliers
10.1.2 Bargaining Power of Buyers
10.1.3 Threat of New Entrants
10.1.4 Threat of Substitutes
10.1.5 Intensity of Rivalry
10.2 Asia-Pacific Smart Home Market Share Analysis, 2017
10.2.1 APAC Smart Safety & Security Market Share, by Company 2017
10.2.2 APAC Smart Security System Market Share, by Company 2017
10.2.3 APAC Smart Smoke Detector Market Share, by Company 2017
10.2.4 APAC Smart Home Entertainment Appliances Market Share, by Company 2017
10.2.5 APAC Smart Gateways Market Share, by Company 2017
10.2.6 APAC Smart Speakers Market Share, by Company 2017
10.2.7 APAC Lighting & Control System Market Share, by Company 2017
10.2.8 APAC Smart Outlets & Switches Market Share, by Company 2017
10.2.9 APAC Smart Lighting Market Share, by Company 2017
10.2.10 APAC Smart Thermostats & Home Appliances Market Share, by Company 2017
10.2.11 APAC Smart Thermostats Market Share, by Company 2017
10.2.12 APAC Smart Home Appliances Market Share, by Company 2017
11. Top Company Profiles
11.1 Haier Electronics
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Key Product/Services Offerings
11.1.4 SWOT Analysis
11.1.5 Key Financials
11.1.5.1 Revenue Split
11.1.6 Recent Developments
11.2 ABB Limited
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Key Product/Services Offerings
11.2.4 SWOT Analysis
11.2.5 Key Financials
11.2.5.1 Revenue Split
11.2.6 Recent Developments
11.3 ASSA ABLOY
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Key Product/Services Offerings
11.3.4 SWOT Analysis
11.3.5 Key Financials
11.3.5.1 Revenue Split
11.3.6 Recent Developments
11.4 Cisco Systems, Inc.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Key Product/Services Offerings
11.4.4 SWOT Analysis
11.4.5 Key Financials
11.4.5.1 Revenue Split
11.4.6 Recent Developments
11.5 Emerson Electric Co.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Key Product/Services Offerings
11.5.4 SWOT Analysis
11.5.5 Key Financials
11.5.5.1 Revenue Split
11.5.6 Recent Developments
11.6 General Electric Company
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Key Product/Services Offerings
11.6.4 SWOT Analysis
11.6.5 Key Financials
11.6.5.1 Revenue Split
11.6.6 Recent Developments
11.7 Samsung Electronics Co., Ltd.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Key Product/Services Offerings
11.7.4 SWOT Analysis
11.7.5 Key Financials
11.7.5.1 Revenue Split
11.7.6 Recent Developments
11.8 IBM Corporation
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Key Product/Services Offerings
11.8.4 SWOT Analysis
11.8.5 Key Financials
11.8.5.1 Revenue Split
11.8.6 Recent Developments
11.9 LG Electronics Inc.
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Key Product/Services Offerings
11.9.4 SWOT Analysis
11.9.5 Key Financials
11.9.5.1 Revenue Split
11.9.6 Recent Developments
11.10 Schneider Electric S.E.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Key Product/Services Offerings
11.10.4 SWOT Analysis
11.10.5 Key Financials
11.10.5.1 Revenue Split
11.10.6 Recent Developments
11.11 Siemens AG
11.11.1 Key Facts
11.11.2 Business Description
11.11.3 Key Product/Services Offerings
11.11.4 SWOT Analysis
11.11.5 Key Financials
11.11.5.1 Revenue Split
11.11.6 Recent Developments
11.12 United Technologies Corporation
11.12.1 Key Facts
11.12.2 Business Description
11.12.3 Key Product/Services Offerings
11.12.4 SWOT Analysis
11.12.5 Key Financials
11.12.5.1 Revenue Split
11.12.6 Recent Developments
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