Smart Home Devices Market Demand, Size, Share, Scope & Forecast To 2030
The global smart home devices market size reached USD 84.52 Billion in 2021 and is expected to register a revenue CAGR of 10.4% during the forecast period, according to latest analysis by Emergen Research. The incorporation of lighting controllers with in-built data-connectivity technology is an important factor driving market revenue growth.
Global Smart Home Devices Market research report is an in-depth investigation that provides an industry-wide overview of existing and emerging growth patterns, end-user analysis, and other key data that has been tested and validated by industry experts and professionals. The report examines the market in terms of importance, share, size, demand and supply, patterns, competitive landscape, industrial chain analysis, and other important factors. The report also provides a detailed outlook for the industry's driving and restraining forces, as well as micro and macroeconomic factors that are expected to influence its development.
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Competitive Terrain:
The global Smart Home Devices industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
SAMSUNG, LG Electronics, Honeywell International Inc., Koninklijke Philips N.V, Amazon.com, Inc., Robert Bosch GmbH, Apple Inc, Panasonic Holdings Corporation, Sony Corporation
The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Overview:
The report bifurcates the Smart Home Devices Market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2019–2030)
Fire Suppression
Lighting Control
Relays
Occupancy Sensors
Daylight Sensors
Timers
Dimmers
Switches
Accessories and Other Products
Security and Access Control
Video Surveillance
Hardware
Software/Video Analytics
Price Ranges
Access Control
Biometric Access Control
Non-Biometric Access Control
HVAC Control
Smart Thermostats
Sensors
Control Valves
Heating & Cooling Coils
Dampers
Actuators
Pumps & Fans
Smart Vents
Entertainment and Other Controls
Entertainment Control
Other Controls
Smart Speaker
Home Healthcare
Health Status Monitors
Physical Activity Monitors
Smart Kitchen
Smart Refrigerators
Smart Coffee Makers
Smart Kettles
Smart Dish Washers
Smart Ovens
Smart Cooktops
Smart Cookers
Home Appliances
Smart Washers
Smart Dryers
Smart Water Heaters
Smart Vacuum Cleaners
Smart Furniture
Smart Tables
Smart Desks
Smart Stools & Benches
Smart Sofas
Smart Chairs
Price Range Outlook (Revenue, USD Billion; 2019–2030)
Below USD 25 Smart Home Device
USD 25-50 Smart Home Device
Above USD 50 Smart Home Device
Sales Channel Outlook (Revenue, USD Billion; 2019–2030)
Online
Offline
The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Points Covered in This Section:
Regional contribution
Estimated revenue generation
Vital data and information about the consumption rate in all the leading regional segments
An expected rise in market share
Forecast growth in the overall consumption rate
Key Objectives of the Report:
Analysis and estimation of the Smart Home Devices Market size and share for the projected period of 2020-2027
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Smart Home Devices Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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