Asia-Pacific Smart Homes Technology Market : Insights and Forecast, 2018-2024: Emphasis on Application (Safety and Security, Smart Appliances, Heating Ventilating, Air Conditioning (HVAC), Home Entertainment, Smart Lighting Systems, Smart Energy Management), Technology (Wireless and Wired Smart Home Technology), End-Users (Residential and Commercials End-Users)
- UNI3007738
- 189 Pages
- February 2019
- ICT & Media
Insights Presented in the Report:
Asia-Pacific smart home technology market is segmented based on an application which encompasses safety & security, lighting, HVAC, entertainment, smart appliances and energy management among others. At present, the penetration of smart appliances is much higher compared to other application areas. They are estimated to dominate the market attributed to rising demand for connecting smart appliances and consumer electronics. With changing consumer preferences, the respective application is likely to reach US$ 11,792.5 million by 2024.
Based on technologies, the market is segmented into wired and wireless technology. The wireless technology dominates the market and is expected to maintain its dominance throughout the forecast period (2018-2024). However, wired technology is expected to grow at a higher CAGR of 32.4% during the forecast period. The former segment is classified into Wi-Fi, Bluetooth, ZigBee and Z-wave technologies wherein Wi-Fi technology in smart home domain was valued at US$ 3,017.6 million in 2017 followed by Bluetooth.
Moreover, the market is further bifurcated based on the ultimate end-users into residential and commercial end-user, wherein residential segment holds the prime share in the Asia-Pacific smart home technology market contradicting with the commercial end-user segment. With rapid advancement in technologies, changing lifestyles and rising disposable income, mid-range apartments & houses are likely to rule the residential end-user segment smart home market, followed by luxury villas and apartments. In addition, hospitals dominated the commercial end-users smart home technology market. However, hotels segment would display maximum CAGR growth over the forecast period and are predicted to reach a market size of US$ 3,005.2 million by 2024.
For a deep dive analysis of the industry, the study also includes country level analysis including major markets in the Asia-Pacific region that includes China, Japan, India, South Korea and the rest of Asia-Pacific. China takes the upper hand in the technological market due to first mover advantage. Increasing demand for smart devices, high penetration of smartphone & internet paired with a strong manufacturing base and growing awareness along with government initiatives such as smart cities mission has helped China to dominate the Asia-Pacific smart home technology market. China smart home market is anticipated to showcase the astonishing CAGR of 30% over the forecast period.
Competitive Landscape
Some of the major players operating in the Asia-Pacific smart home technology market include 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. These companies have the ability to pool in investment from their other business to smart home market and come up with innovative products pertaining to the increasing demand for smart home appliances in countries such as China, India and Japan among other emerging Asian countries.
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 customized solutions to clients.
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
TABLE 2 Comparison between ZigBee & Z-Wave Features
TABLE 3 Comparative Analysis on Wireless Technology, Z-Wave, ZigBee and Bluetooth Mesh
TABLE 4 Haier Electronics Key Facts
TABLE 5 Product segmentation of Haier Electronics
TABLE 6 Haier Electronics Growth Strategy
TABLE 7 Haier Electronics Financials, US$ Mn
TABLE 8 ABB Limited Key Facts
TABLE 9 Product Segmentation of ABB Limited
TABLE 10 ABB Limited Growth Strategy
TABLE 11 ABB Limited Financials, US$ Mn
TABLE 12 ASSA ABLOY Key Facts
TABLE 13 Product Segmentation of ASSA ABLOY
TABLE 14 ASSA ABLOY Growth Strategy
TABLE 15 ASSA ABLOY Financials, US$ Mn
TABLE 16 Cisco Systems, Inc. Key Facts
TABLE 17 Product Segmentation of Cisco Systems
TABLE 18 Cisco Systems Growth Strategy
TABLE 19 Cisco Systems Financials, US$ Mn
TABLE 20 TABLE 1 Emerson Electric Co. Key Facts
TABLE 21 Product Segmentation of Emerson Electric Co.
TABLE 22 Emerson Electric Co. Growth Strategy
TABLE 23 Emerson Electric Co. Financials, US$ Mn
TABLE 24 General Electric Company Key Facts
TABLE 25 Product Segmentation of General Electric
TABLE 26 General Electric Growth Strategy
TABLE 27 General Electric Financials, US$ Mn
TABLE 28 Samsung Electronics Key Facts
TABLE 29 Product Segmentation of Samsung Electronics
TABLE 30 Samsung Electronics Growth Strategy
TABLE 31 Samsung Electronics Financials, US$ Mn
TABLE 32 IBM Corporation Key Facts
TABLE 33 Product Segmentation of IBM Corporation
TABLE 34 IBM Corporation Growth Strategy
TABLE 35 IBM Corporation Financials, US$ Mn
TABLE 36 LG Electronics Inc. Key Facts
TABLE 37 Product Segmentation of LG Electronics Inc.
TABLE 38 LG Electronics Inc. Growth Strategy
TABLE 39 LG Electronics Inc. Financials, US$ Mn
TABLE 40 Schneider Electric S.E. Key Facts
TABLE 41 Product Segmentation of Schneider Electric S.E.
TABLE 42 Schneider Electric S.E. Growth Strategy 175
TABLE 43 Schneider Electric S.E. Financials, US$ Mn
TABLE 44 Siemens AG Key Facts
TABLE 45 Product Segmentation of Siemens AG
TABLE 46 Siemens AG Growth Strategy
TABLE 47 Siemens AG Financials, US$ Mn
TABLE 48 United Technologies Key Facts
TABLE 49 Product Segmentation of United Technologies
TABLE 50 United Technologies Growth Strategy
TABLE 51 United Technologies Financials, US$ Mn
Similar Reports
The netbook sales in India have been growing strongly with major demand from the home segment. Personal computer market is expected to grow as the economy is recovering from the recession. The newest addition to this consumer product group is notebooks and netbooks. However, it has been seen that there is no clear demarcation between inexpensive notebook and netbook as an upgraded version of a net...
- Publish Date: January 18, 2011
- $950
The Online Movie Rental market in India is at a nascent stage. The market is estimated at INR 601 mn in 2008 and shows huge potential due to a large untapped consumer base. The changing perceptions of people towards entertainment along with a rise in their disposable income and internet usage have driven the market. The report begins with a market overview section that provides an insight into t...
- Publish Date: March 7, 2011
- $950
Local search market in India is a common platform for advertising used by business entities. It has an offline and an online category. Local search space provides a platform to the small and medium scale enterprises to advertise with regards to their products and services through local search engines and print directories such as yellow pages. The report begins with the market overview section wh...
- Publish Date: June 27, 2011
- $950
