MarketsandMarkets: Global Smart Homes Market worth US $13.4 Billion By 2014

The Global Smart Homes market is estimated to be $13.4 billion by 2014, growing at a CAGR of 16.5% from 2009 to 2014, driven by the increasing ageing population worldwide.

Online PR News – 18-May-2010 – – The Global Smart Homes Market report analyzes the smart home products and services market over the period 2009-2014. The report studies the major market drivers, restraints, and opportunities for the Global Smart Homes market.
Browse more than 15 market data tables and in-depth TOC on Global Smart Homes Market.

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The Global Smart Homes market is estimated to be $13.4 billion by 2014, growing at a CAGR of 16.5% from 2009 to 2014, driven by the increasing ageing population worldwide. The markets for smart home products and services are expected to grow at a CAGR of 16.3% and 17% respectively. Rise in the ageing population is the major driving force for the growth of the market. Government initiatives and rising smart home adoption rates due to increasing personal income in Asia are also boosting the market.

Further, growing interest from consumer electronics industry and novel technologies are also expected fuel market growth in the coming years. However, there is a need for common standards for the usage of smart home technologies such as Zigbee, Z-Wave, KNX, Insteon etc. Moreover, ethical guidelines on the use of technologies that raise privacy issues are also required. Market players are now focusing on new product and consolidations to enhance their commercial portfolios. Collaborations, new product launches and improvements in the existing line of products are the major growth strategies employed by the companies in order to main a competitive position in the market.

Scope and Format

The report analyzes the Global Smart Homes market into the following segments:
• Smart Home Products Market (Security, Lighting, HVAC, Entertainment, Home Health, Energy Management)
• Smart Home Services Market (Installation & Repair, Customization)

The market data consists of aggregate sales figures of all Global Smart Homes submarkets. It analyzes the market aspects of products and services; sourcing key market developments from the top companies that it profiles.

Analyst Briefing Presentation on the Global Smart Homes Market to be held on 25th May 2010

The Semiconductor & Electronics practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the Global Smart Homes Market to be held on 25th May 2010. The briefing on the Global Smart Homes market (2009-2014) will benefit the device manufacturers, suppliers and builders.

Table of contents

Executive summary
Market Overview
Products Market
Services Market
Geographic analysis
Competitive Landscape
Patent analysis
1 Introduction
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
2 Summary
3 Market Overview
3.1 Evolution of smart homes
3.1.1 moving from basic intelligent homes to connected homes
3.2 new Technologies create new possibilities
3.3 Newly built versus retrofit homes
3.3.1 Architects & Builders point of view
3.4 Market challenges
3.5 User acceptance of smart homeS
3.6 Target group for smart homes
3.7 Asia – a virtually untapped market
3.8 Drivers
3.8.1 Increasing ageing population
3.8.2 Government initiatives
3.8.3 Rising adoption rates
3.9 Restraints
3.9.1 Lack of consumer awareness
3.9.2 Lack of initiatives from, construction & real estate sector
3.9.3 Affordability issues
3.10 Opportunities
3.10.1 Growing interest of consumer electronics industry
3.10.2 New Technologies
3.10.3 Rising personal income & growing middle class in Asia
4 Smart Homes Product Market
4.1 Security
4.1.1 Drivers Affordability of home security systems Security for independently living senior citizens and disabled Discounts up to 20% on purchasing home security systems Easy to setup wireless network technology Increasing need for security
4.1.2 Restraints Lack of end-user awareness Privacy issues
4.1.3 Opportunities Increasing security threats
4.1.4 Security Features
4.1.5 Networked security Cameras
4.1.6 Motion detectors
4.1.7 Vehicle detection
4.1.8 Door handles
4.1.9 Video door phones
4.2 Lighting controllers
4.2.1 DriverS Increasing customization Minimizes energy wastage
4.2.2 Restraints Lag between technology innovation and consumer adoption Size of residential homes
4.2.3 Opportunity Change in perception towards cost efficient lighting
4.2.4 Lighting Features
4.3 Entertainment
4.3.1 entertainment features
4.3.2 DVD player
4.3.3 Set top boxes
4.3.4 Televisions
4.4 Energy Management
4.5 Home Health
4.5.1 Drivers & RestraintS Healthcare for the physically & mentally challenged Lack of awareness and general healthcare facilities.
4.5.2 Opportunity Protects privacy of patients
4.6 HVAC
4.6.1 Drivers HVAC system replacement & home architecture improvement Growing awareness of the financial benefits of energy conservation
4.6.2 Restraints Mature HVAC market in Europe Close association with prevailing economic scenario
4.6.3 Opportunities EC mandate to reduce GHG to provide stimulus to the market Changing attitude of builders and developers
4.7 Others
4.7.1 Washing-machines
4.7.2 Refrigerators
4.7.3 Microwave oven
5 Smart homes services market
6 Smart homes networking technologies
6.1.1 Z-Wave
6.1.2 knx
6.1.4 X10
6.1.5 lon works
6.1.6 C-bus
6.1.7 Other technologies
7 Geographic analysis
7.1 North America
7.2 Europe
7.3 Asia
7.4 ROW
8 Competitive Landscape
9 Patent Analysis
10 Company Profiles
10.1 Home Inc
10.2 Actiontec Electronics
10.3 AMX
10.4 Armour Home Electronics
10.5 Cisco Systems Inc.
10.6 Colorado vNET
10.7 Computime
10.8 Control4
10.9 Cortexa Automation
10.1 Crestron Europe
10.11 Cytech Europe Ltd
10.12 Domia Ltd
10.13 Exceptional Innovation
10.14 ELAN home systems
10.15 Futronix
10.16 GE Security Inc
10.17 Gewa AB
10.18 Home Automation Europe
10.19 Home Automation Inc.
10.20 Honeywell
10.21 iControl Networks
10.22 InGrid Inc.
10.23 Intamac
10.24 Intermatic Inc
10.25 Lagotek Corporation
10.26 Landis+Gyr
10.27 Legrand
10.28 Leviton
10.29 Logitech International
10.30 Lutron Electronics Inc.
10.31 Netgear Inc.
10.32 Overhead Door Corporation
10.33 Pacific Controls LLC
10.34 Philips
10.35 Remote Technologies, Inc.
10.36 Schneider Electric
10.37 Schlage Locks Company
10.38 Seluxit ApS
10.39 Siemens Schweiz AG
10.40 Sigma Designs Inc
10.41 SmartHome Controls Ltd.
10.42 SmartLabs, Inc.
10.43 Teletask
10.44 Vantage Controls
10.45 Visonic
10.46 Vity Technology
10.47 Xanboo Inc.
U.S. Patents
European Patents
Japan Patents

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