Report Highlights
The U.S. market for home automation systems should grow from $9.0 billion in 2021 to $15.8 billion by 2026, at compound annual growth rate (CAGR) of 12.0% for the period of 2021-2026.
Report Includes
- 24 tables
- An overview of the U.S. market for home automation and security technologies
- Estimation of the market size and analyses of market trends, with data from 2020, estimates for 2021, 2023 and projection of CAGR through 2026
- Evaluation of market size and forecast, and detailed analysis of drivers, challenges, and opportunities affecting market growth
- Explanation of home automation functions and enabling technologies for home automation, and description of controllers along with comparison between hardware-based controllers and software-based controllers
- Description of small stand-alone devices and complex smart home networks, and discussion on their ability to tie numerous electric devices located around the house to a programmable computer brain
- Details about devices and technologies of automated energy management systems and information on wireless technologies such as ZigBee, Z-Wave, Wi-Fi and INSTEON
- Market share analysis of the key companies of the industry and comprehensive company profiles of major players including Powerline Control Systems Inc., Echelon Corp., General Electric Co., Microsoft Corp., and Honeywell International Inc.
Report Scope
The study covers the major segments of the home automation market, including:
- Lighting controls.
- Heating, ventilation and air conditioning (HVAC) controls.
- Energy management controls.
- Entertainment controls.
- Security controls.
- Integrated (i.e., multifunction) controls.
The study addresses the major enabling technologies for the various types of home automation products, such as:
- Controllers.
- User interface devices.
- Sensors.
- Actuators and output devices (e.g., dimmers, automated window coverings, dampers).
- Wiring and networking devices.
The study format includes the following major elements:
- Executive summary.
- Definitions.
- Home automation functions.
- Enabling technologies.
- Market environment (e.g., economic conditions, consumer attitudes).
- Current (2020) and projected markets for home automation technologies and products through 2026.
- Developers and suppliers of home automation products.
- Key patents.
- The report focuses on the U.S. market.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
- Softgel Capsules: Global Markets (PHM244B)
- Major Reverse Osmosis System Components for Water Treatment: The Global Market (MST049H)
- Medical Devices Industry: Competitive Landscape (MDS010C)
- Global Markets for Plastics Additives (PLS022H)
- Environmental Sensing and Monitoring Technologies: Global Markets (IAS030E)
Report Highlights
The U.S. market for home automation systems and devices was valued at $6.5 billion in 2013 and almost $6.9 billion in 2014. This market is expected to reach nearly $10.3 billion in 2019, a compound annual growth rate (CAGR) of 8.3% between 2014 and 2019.
Report Includes
- An overview of the U.S. market for home automation and security technologies.
- Analyses of global market trends, with data from 2013 and 2014, and projections of CAGRs through 2019.
- Coverage of major segments of the home automation market.
- Profiles of the major companies involved in the home automation and home security industries.
Report Highlights
The U.S. market for home automation systems and devices was worth approximately $3.2 billion in 2010. It is expected to grow to almost $3.4 billion in 2011. In the longer term (i.e., 2011 to 2016), the forecast is for strong renewed growth in the home automation market, which is expected to exceed $5.5 billion in 2016, a CAGR of 10.5% between 2011 and 2016.
Report Highlights
- The U.S. market for home automation and security technologies and products was worth $2.3 billion in 2008 and an estimated $2.5 billion in 2009. This should reach $8.1 billion in 2014, for a compound annual growth rate (CAGR) of 26.5%.
- Entertainment and security technologies have the largest share of the U.S. market, generating $1.3 billion in 2008. This segment is expected to remain steady in 2009 but is expected to be worth $2.6 billion in 2014, for a CAGR of 14.1%.
- HVAC and energy management generated $998.3 million in 2008 and an estimated $1.1 billion in 2009. This is expected to grow at a CAGR of 36.6% to reach $5.5 billion in 2014.
Related Reports
Cybersecurity: Technologies and Global Markets
The global market for cybersecurity technologies was valued at $208.1 billion in 2023. The market is expected to grow from $229.3 billion in 2024 to $396.8 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 11.6% from 2024 to 2029.
Smart Home Technologies: Global Markets
The global market for smart home technologies is expected to increase from $102.3 billion in 2023 to $166.7 billion by the end of 2028, with a compound annual growth rate (CAGR) of 10.3% during the forecast period of 2023-2028.
U.S. Indoor Air Quality Market
BCC Market Research Report says U.S. indoor air quality market is projected to grow from $9.8 billion in 2022 to $11.9 billion in 2027 at a (CAGR) of 4.1%.
Global Energy Management Systems Market
The global market for energy management systems (EMS) is estimated to increase from $39.6 billion in 2022 to reach $75.3 billion by 2027, at a compound annual growth rate (CAGR) of 14.6% for the forecast period of 2022-2027.
Recent Reports
Environmental Sensing and Monitoring Technologies: Global Markets
The global market for environmental sensing and monitoring technologies is estimated to increase from 31.3 billion in 2024 to reach $41.4 billion by 2029, at a compound annual growth rate (CAGR) of 5.7% from 2024 through 2029.
Protective Relays and Circuit Breakers: Global Markets
The global market for protective relays and circuit breakers was valued at $16.9 billion in 2023. This market is expected to grow from $17.2 billion in 2024 to $26.8 billion by 2029, at a compound annual growth rate (CAGR) of 9.2% from 2024 through 2029.
Brain-Computer Interface: Global Markets
The global market for brain computer interface (BCI) was valued at $2.1 billion in 2023. The market is expected to grow from $2.3 billion in 2024 to $4.5 billion by 2029, at a compound annual growth rate (CAGR) of 14.2% from 2024 through 2029.
Educational Equipment and Software: Global Markets
The global market for educational equipment and software is expected to grow from $105.4 billion in 2024 and is projected to reach $187.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.2% during the forecast period of 2024 to 2029.
Global Commercial Drones Market
The report provides an overview of the global commercial drones market and a detailed analysis of the market players' products and strategies. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029. Revenue forecasts for this period are segmented based on type, technology, weight, end-user, and geography.
Top Trending Reports
Single-use Technologies for Biopharmaceuticals: Global Markets
The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.
Global Market Opportunities and Competitive Landscape for CDMO
The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.
Direct-to-Consumer Genetic Testing: Global Markets and Technologies
The global market for DTC genetic testing is expected to grow from $2.3 billion in 2024 and is projected to reach $3.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.0% during the forecast period of 2024 to 2029.
Commercial Amino Acids
The global market for commercial amino acids was valued at $30.1 billion in 2023. It is expected to grow from $31.8 billion in 2024 to $42.8 billion by 2029, at a compound annual growth rate (CAGR) of 6.1% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More