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.
Comprehensive primary and secondary research, as well as qualitative and quantitative analysis of key market factors, go into creating the research report on the Smart Home Devices market. Professionals in the industry further validate and verify the meaningful data. The purpose of the report is to provide more in-depth understanding of the general market conditions in the Smart Home Devices industry.
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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
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Smart Home Devices market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Smart Home Devices market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Smart Home Devices market.
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Market Segmentations of the Smart Home Devices Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Smart Home Devices market on the basis of product, application, and region:
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 20192030)
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; 20192030)
Below USD 25 Smart Home Device
USD 25-50 Smart Home Device
Above USD 50 Smart Home Device
Sales Channel Outlook (Revenue, USD Billion; 20192030)
Online
Offline
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Major Geographies Analyzed in the Report:
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)
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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