Home Automation Market Report – UK 2021-2027 – New Report from AMA

The 5th edition of the Home Automation Market Report – UK 2021-2027 addresses the market for home automation products and systems, which has benefited in recent years from the continued growth in the spread of wireless and app-based technologies.

The Home automation sector is diverse and incorporates a broad range of products, ranging from highly integrated, high spec systems, fully smart home designed though to low cost, lower spec, products with limited installation requirements and singular functionality.

This report focuses on the whole range of products and systems currently on the market. And provides insights into the growing trends and direction of new product innovation within application areas and fully integrated smart home design.

End use applications focus on new build and the market for installed and plug and play retrofitted products and systems within the home.

New Product developments are driven by increased WIFI, security and speed, IOT and increased interest from consumers for products offering lifestyle convenience, ease of use, utility cost management, lower installation and servicing costs and increased functionality.

Factors which might impact on higher market penetration within the next few years concern cyber security, data privacy, and downward economic trends within the UK. The UK is a relatively untapped market with scope of growth provided consumer spend on the sector remains buoyant.

KEY AREAS COVERED IN THE REPORT

Market Overview

• Market size by value and forecasts to 2027, rate of change.
• Market overview by product sector
• Market splits including product mix by value.

Market Influences and Drivers

• Main influences driving the sector, including a detailed PESTLE analysis.
• Advancement of new technology and proposed roll-out of the 5G network, AI, IOT, increased WIFI stability and speed. Management of Increasing energy costs, greater number of products at the budget end of the market, increased interconnectivity between devices. Appliance driven new build smart homes.
• High levels of new product innovation and the need to address consumer concerns relating to cyber security and data privacy.

End Use Sectors

• Summary of application areas driving demand and smart home products of most interest to home-owners, based on installation cost, added value for money and convenience.
• Concerns and issues impacting higher adoption rates, key trends, and influences in the new build and retrofit market.

Product Subsectors

• Access and security systems – market size by value, product and systems mix, trends, and technology. Leading companies, market shares and financial profiles.
• Climate Control – market size by value Product and systems mix, Leading companies, market shares and financial profiles.
• Lighting Controls – market size by value. Product mix, Leading suppliers, company market shares and financial profiles.
• Audio visual and home entertainment – market size by value. Product mix, Leading companies by sub-sector, financial profiles.
• Communication systems – market size by value, product mix, leading companies by sub-sector, financial profiles.

Distribution

• Review of distribution – map, key channels, developments.
• Company overview and financials of key trade distributors – electrical wholesalers, utilities, and non-specialists.

Market Forecasts and Product Innovations

• 2013 – 2017 forecast, rates of change.
• Overview of market prospects.
• Market view by product sector to 2027 and rates of change. Summary of market prospects.
• New product innovation, future innovation in home automation products and systems.

The Home Automation Market Report – UK 2021-2027 is available now and can be ordered here.