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Home Automation System Market with COVID-19 Impact Analysis, By Management, Product (Lighting Control, Security & Access Control, HVAC Control, Entert...

By Management, Product (Lighting Control, Security & Access Control, HVAC Control, Entertainment & Other Controls), Software & Algorithm, and Region

Publisher:        MarketsandMarkets

# of Pages:        235

Rating: 

1 User License $4,950

Publication Date:  November, 2020

Price:       $4,950 / User License




TABLE OF CONTENTS

 

1              INTRODUCTION                32

1.1          STUDY OBJECTIVES          32

1.2          MARKET DEFINITION AND SCOPE             32

1.2.1      INCLUSIONS AND EXCLUSIONS  33

1.3          STUDY SCOPE    34

FIGURE 1             SEGMENTATION OF HOME AUTOMATION SYSTEM MARKET        34

1.3.1      YEARS CONSIDERED        34

1.4          CURRENCY AND PRICING             35

1.5          STAKEHOLDERS 35

1.6          SUMMARY OF CHANGES              35

2              RESEARCH METHODOLOGY         37

2.1          RESEARCH DATA               37

FIGURE 2             HOME AUTOMATION SYSTEM MARKET: RESEARCH DESIGN         37

2.1.1      SECONDARY DATA           38

2.1.1.1   MAJOR SECONDARY SOURCES   38

2.1.1.2   KEY DATA FROM SECONDARY SOURCES 39

2.1.2      PRIMARY DATA 39

2.1.2.1   KEY DATA FROM PRIMARY SOURCES       39

2.1.2.2   BREAKDOWN OF PRIMARIES      40

2.1.3      SECONDARY AND PRIMARY RESEARCH   41

2.1.3.1   KEY INDUSTRY INSIGHTS               42

2.2          MARKET SIZE ESTIMATION          42

2.2.1      BOTTOM-UP APPROACH              43

FIGURE 3             MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1—BOTTOM-UP (DEMAND SIDE) – DEMAND FOR SMART THERMOSTATS  43

FIGURE 4             HOME AUTOMATION SYSTEM MARKET: BOTTOM-UP APPROACH             43

2.2.2      TOP-DOWN APPROACH                44

FIGURE 5             MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)—REVENUE GENERATED FROM HOME AUTOMATION RELATED PRODUCTS          44

FIGURE 6             MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)—ILLUSTRATION OF REVENUE ESTIMATION FOR ONE OF THE COMPANIES IN THE HOME AUTOMATION SYSTEM MARKET           45

FIGURE 7             HOME AUTOMATION SYSTEM MARKET: TOP-DOWN APPROACH               45

2.2.3      MARKET PROJECTIONS  45

2.3          MARKET BREAKDOWN AND DATA TRIANGULATION        46

FIGURE 8             DATA TRIANGULATION 46

 

2.4          RESEARCH ASSUMPTIONS AND LIMITATIONS     47

2.4.1      ASSUMPTIONS 47

2.4.2      LIMITATIONS     47

3              EXECUTIVE SUMMARY  48

FIGURE 9             SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY                49

3.1          REALISTIC SCENARIO      50

3.2          OPTIMISTIC SCENARIO  50

3.3          PESSIMISTIC SCENARIO 50

FIGURE 10           HOME AUTOMATION SYSTEM MARKET: GROWTH PROJECTION BY

ADOPTING REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS            50

FIGURE 11           IMPACT OF COVID-19 ON THE HOME AUTOMATION SYSTEM MARKET    51

FIGURE 12           ON-PREMISES MANAGEMENT SYSTEMS ACCOUNTED FOR THE LARGER SHARE OF THE HOME AUTOMATION SYSTEM MARKET IN 2019              51

FIGURE 13           BEHAVIORAL SOFTWARE & ALGORITHM SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGER MARKET SHARE IN 2020   52

FIGURE 14           HOME AUTOMATION SYSTEM MARKET FOR LIGHTING CONTROL SYSTEMS TO REGISTER THE HIGHEST GROWTH DURING FORECAST PERIOD     53

FIGURE 15           NORTH AMERICA TO ACCOUNT FOR THE LARGEST SHARE OF THE HOME AUTOMATION SYSTEM MARKET IN 2020       54

4              PREMIUM INSIGHTS       55

4.1          ATTRACTIVE OPPORTUNITIES IN THE HOME AUTOMATION SYSTEM MARKET      55

FIGURE 16           EASE OF USE AND AFFORDABILITY OF HOME AUTOMATION SYSTEMS DRIVING GROWTH IN THE HOME AUTOMATION SYSTEM MARKET               55

4.2          HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT         55

FIGURE 17           ON-PREMISES MANAGEMENT TO HOLD THE LARGEST SHARE

OF THE HOME AUTOMATION SYSTEM MARKET IN 2020  55

4.3          HOME AUTOMATION SYSTEM MARKET, BY SOFTWARE & ALGORITHM   56

FIGURE 18           MARKET FOR PROACTIVE SOFTWARE & ALGORITHMS TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 56

4.4          HOME AUTOMATION SYSTEM MARKET IN NORTH AMERICA,

BY PRODUCT VS. BY COUNTRY   56

FIGURE 19           LIGHTING CONTROL SYSTEMS AND THE US TO HOLD THE LARGEST SHARE OF THE HOME AUTOMATION SYSTEM MARKET IN NORTH AMERICA IN 2020    56

4.5          HOME AUTOMATION SYSTEM MARKET, BY PRODUCT     57

FIGURE 20           MARKET FOR LIGHTING CONTROL SYSTEMS TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 57

4.6          HOME AUTOMATION SYSTEM MARKET, BY COUNTRY     57

FIGURE 21           THE US EXPECTED TO HOLD THE LARGEST SHARE OF THE HOME AUTOMATION SYSTEM MARKET IN 2020                57

 

5              MARKET OVERVIEW       58

5.1          INTRODUCTION                58

5.2          MARKET DYNAMICS       58

FIGURE 22           IMPACT OF DRIVERS AND OPPORTUNITIES ON THE HOME AUTOMATION SYSTEM MARKET          58

FIGURE 23           IMPACT OF RESTRAINTS AND CHALLENGES ON THE HOME AUTOMATION SYSTEM MARKET         59

5.2.1      DRIVERS               59

5.2.1.1   GROWING HOMEOWNERSHIP AMONG MILLENNIALS WORLDWIDE         59

TABLE 1                MILLENNIAL HOME OWNERSHIP EXPERIENCED HIGHEST GROWTH

DURING 2017-2019          60

5.2.1.2   INCREASING USE OF HOME AUTOMATION SYSTEMS AMONG

THE ELDERLY POPULATION          60

5.2.1.3   LOWER INSURANCE COSTS FOR HOMEOWNERS INVESTING IN

HOME SECURITY SYSTEMS AND INCREASING SERVICES OFFERED BY TELECOMMUNICATION COMPANIES              60

5.2.2      RESTRAINTS       61

5.2.2.1   HIGH COSTS ASSOCIATED WITH THE PURCHASE AND DEPLOYMENT OF HOME AUTOMATION SYSTEMS   61

5.2.2.2   LACK OF PRE-INSTALLED HOME AUTOMATION SYSTEMS AND PROVISION IN

PRE-BUILT HOMES           61

5.2.3      OPPORTUNITIES               61

5.2.3.1   RAPID URBANIZATION IN DEVELOPING COUNTRIES        61

5.2.3.2   RISING SIGNIFICANCE OF IOT TECHNOLOGY IN HOME AUTOMATION     62

FIGURE 24           INTERNET OF THINGS (IOT) MARKET, 2017–2022 (USD BILLION) 62

5.2.4      CHALLENGES      63

5.2.4.1   COMPATIBILITY ISSUES WITH THE INTEGRATION OF HOME AUTOMATION SYSTEMS FROM DIFFERENT MANUFACTURERS          63

5.2.4.2   GROWING SECURITY CONCERNS WITH HOME AUTOMATION DEVICES    63

5.2.4.3   DECLINE IN THE ADOPTION OF HOME AUTOMATION SHIPMENTS

DUE TO COVID-19            63

5.3          TARIFFS AND REGULATIONS       64

5.3.1      NEGATIVE IMPACT OF TARIFFS ON HOME AUTOMATION PRODUCTS      64

5.3.2      POSITIVE IMPACT OF TARIFFS ON HOME AUTOMATION PRODUCTS        64

5.4          REGULATIONS   64

5.4.1      WI-FI: WI-FI ALLIANCE   64

5.4.2      Z-WAVE: Z-WAVE ALLIANCE        64

5.4.3      ZIGBEE: ZIGBEE ALLIANCE            64

5.4.4      BLUETOOTH LOW ENERGY (BLE): BLUETOOTH SIG             64

5.4.5      OTHERS                65

5.4.5.1   X10 BY PICO ELECTRONICS           65

5.4.5.2   INSTEON BY SMARTLABS              65

5.4.5.3   THREAD BY THREAD GROUP        65

5.4.5.4   UNIVERSAL POWERLINE BUS (UPB) BY POWERLINE CONTROL SYSTEMS  65

 

5.5          CASE STUDIES    65

5.5.1      LEGRAND HOME AUTOMATION SYSTEM DEPLOYED

AT A HISTORIC FARMHOUSE       65

5.5.2      SALES LEADER AND AUTHOR AT RESIDENTIAL TECH INSTALLS HOME SECURITY SYSTEM FROM RESIDEO   65

5.5.3      SMARTER HOME STORY: MICHELE AND ALEX       66

5.5.4      SMARTER HOME STORY: JONAS AND TINA           66

5.5.5      LEVITON DEPLOYED NEXT-GENERATION HOME AUTOMATION

IN NEW ORLEANS            66

5.5.6      CRESTRON ELECTRONICS PROVIDED SMART SHADE SOLUTIONS FOR COLORADO HOME 66

5.5.7      CRESTRON ELECTRONICS PROVIDED A SMART HOME SYSTEM FOR

4K VIDEO DISTRIBUTION               66

5.5.8      CRESTRON ELECTRONICS UPGRADES NEW JERSEY HOME

THROUGH HOME AUTOMATION              66

5.5.9      LUTRON PROVIDED LIGHTING CONTROL SOLUTIONS TO A LUXURY RESIDENCE IN THE UK              66

5.5.10    VANTAGE CONTROLS PROVIDED HOME AUTOMATION SOLUTIONS TO

HOMES IN THE US            67

5.6          AVERAGE SELLING PRICE (ASP) OF VARIOUS COMPONENTS OF

HOME AUTOMATION SYSTEMS 67

TABLE 2                AVERAGE SELLING PRICES OF VARIOUS COMPONENTS OF

HOME AUTOMATION SYSTEMS 67

6              INDUSTRY TRENDS          68

6.1          INTRODUCTION                68

6.2          VALUE CHAIN ANALYSIS               68

FIGURE 25           VALUE CHAIN ANALYSIS OF THE HOME AUTOMATION SYSTEM ECOSYSTEM: R&D AND MANUFACTURING PHASES CONTRIBUTE MAXIMUM VALUE              68

6.3          ECOSYSTEM/MARKET MAP         70

FIGURE 26           HOME AUTOMATION SYSTEM MARKET ECOSYSTEM        70

6.3.1      HOME AUTOMATION OEMS       71

6.3.2      SUPPLIERS          71

6.3.3      HOME AUTOMATION INTEGRATORS      71

6.3.4      DISTRIBUTORS  71

6.4          TECHNOLOGY TRENDS   72

6.4.1      DEVICE INTEROPERABILITY AND OPEN PLATFORMS         72

6.4.2      VOICE-CONTROLLED HOME AUTOMATION SYSTEMS       72

6.4.3      MULTIFUNCTIONAL SMART SWITCHES AND DISPLAYS    72

6.4.4      SMART AND ROBUST SECURITY SOLUTIONS        72

6.5          PATENT ANALYSIS           73

FIGURE 27           PATENT PUBLICATION TRENDS FOR HOME AUTOMATION SYSTEMS

IN THE LAST 5 YEARS       75

FIGURE 28           HOME AUTOMATION SYSTEM PATENTS PUBLISHED,

BY PERCENTAGE (2015–2019)     75

 

6.6          PORTER’S FIVE FORCES MODEL  76

TABLE 3                HOME AUTOMATION SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS            76

6.7          TRADE DATA      76

6.7.1      RESIDENTIAL BUILDINGS DATA  76

TABLE 4                HOUSING UNITS IN THE US AND LONDON, 2017–2025 (MILLION UNITS)                77

7              HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT         78

7.1          INTRODUCTION                79

FIGURE 29           CLOUD-BASED MANAGEMENT SYSTEMS SEGMENT TO REGISTER THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD           79

TABLE 5                HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT,

2017–2025 (USD BILLION)             79

7.2          ON-PREMISES   80

7.2.1      ON-PREMISES MANAGEMENT SYSTEMS ALLOW USERS TO ACCESS THEIR DEVICES FROM A CENTRALIZED SYSTEM INSIDE THEIR HOMES     80

TABLE 6                ON-PREMISES HOME AUTOMATION SYSTEM MARKET, BY PRODUCT,

2017–2025 (USD BILLION)             80

TABLE 7                ON-PREMISES HOME AUTOMATION SYSTEM MARKET FOR SECURITY & ACCESS CONTROL, BY TYPE, 2017–2025 (USD BILLION)         80

TABLE 8                ON-PREMISES HOME AUTOMATION SYSTEM MARKET, BY REGION,

2017–2025 (USD BILLION)             81

7.3          CLOUD-BASED   81

7.3.1      CLOUD-BASED MANAGEMENT SYSTEMS REQUIRE CONNECTION TO THE COMPANY’S CLOUD SERVER FOR DEVICE CONTROL            81

TABLE 9                CLOUD-BASED HOME AUTOMATION SYSTEM MARKET, BY PRODUCT,

2017–2025 (USD MILLION)           82

TABLE 10              CLOUD-BASED HOME AUTOMATION SYSTEM MARKET FOR SECURITY & ACCESS CONTROL, BY TYPE, 2017–2025 (USD MILLION)       82

TABLE 11              CLOUD-BASED HOME AUTOMATION SYSTEM MARKET, BY REGION,

2017–2025 (USD MILLION)           82

8              HOME AUTOMATION SYSTEM MARKET, BY PRODUCT     83

8.1          INTRODUCTION                84

FIGURE 30           MARKET FOR LIGHTING CONTROL SYSTEMS TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 84

TABLE 12              HOME AUTOMATION SYSTEM MARKET, BY PRODUCT,

2017–2025 (USD BILLION)             84

8.2          LIGHTING CONTROL       85

FIGURE 31           HARDWARE COMPONENTS TO HOLD THE LARGEST SHARE OF THE LIGHTING CONTROL MARKET DURING THE FORECAST PERIOD  85

TABLE 13              HOME AUTOMATION SYSTEM MARKET FOR LIGHTING CONTROL,

BY OFFERING, 2017–2025 (USD MILLION)              86

TABLE 14              HOME LIGHTING SYSTEM MARKET, BY REGION, 2017–2025 (USD MILLION)           86

TABLE 15              NORTH AMERICA: HOME LIGHTING SYSTEM MARKET, BY COUNTRY,

2017–2025 (USD MILLION)           87

TABLE 16              EUROPE: HOME LIGHTING SYSTEM MARKET, BY COUNTRY,

2017–2025 (USD MILLION)           87

TABLE 17              APAC: HOME LIGHTING SYSTEM MARKET, BY COUNTRY,

2017–2025 (USD MILLION)           87

TABLE 18              ROW: HOME LIGHTING SYSTEM MARKET, BY REGION,

2017–2025 (USD MILLION)           88

TABLE 19              HOME LIGHTING SYSTEM MARKET, BY MANAGEMENT,

2017–2025 (USD MILLION)           88

8.2.1      HARDWARE        88

FIGURE 32           MARKET FOR LED DRIVERS AND BALLASTS TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD                88

TABLE 20              HOME LIGHTING SYSTEM MARKET FOR HARDWARE, BY COMPONENT,

2017–2025 (USD MILLION)           89

TABLE 21              HOME LIGHTING SYSTEM MARKET FOR HARDWARE, BY COMPONENT,

2017–2025 (MILLION UNITS)       89

TABLE 22              HOME LIGHTING SYSTEM MARKET FOR HARDWARE, BY REGION,

2017–2025 (USD MILLION)           90

TABLE 23              HOME LIGHTING SYSTEM MARKET FOR HARDWARE, BY REGION,

2017–2025 (MILLION UNITS)       90

TABLE 24              HOME LIGHTING SYSTEM MARKET FOR LED DRIVERS & BALLASTS,

BY REGION, 2017–2025 (USD MILLION)  91

TABLE 25              HOME LIGHTING SYSTEM MARKET FOR LED DRIVERS & BALLASTS,

BY REGION, 2017–2025 (THOUSAND UNITS)        91

FIGURE 33           OCCUPANCY SENSORS TO HOLD A LARGER SHARE OF LIGHTING CONTROL MARKET FOR SENSORS DURING THE FORECAST PERIOD  91

TABLE 26              HOME LIGHTING SYSTEM MARKET FOR SENSORS, BY TYPE,

2017–2025 (USD MILLION)           92

TABLE 27              HOME LIGHTING SYSTEM MARKET FOR SENSORS, BY TYPE,

2017–2025 (MILLION UNITS)       92

TABLE 28              HOME LIGHTING SYSTEM MARKET FOR SENSORS, BY REGION,

2017–2025 (USD MILLION)           92

TABLE 29              HOME LIGHTING SYSTEM MARKET FOR SENSORS, BY REGION,

2017–2025 (MILLION UNITS)       92

TABLE 30              HOME LIGHTING SYSTEM MARKET FOR SWITCHES, BY REGION,

2017–2025 (USD MILLION)           93

TABLE 31              HOME LIGHTING SYSTEM MARKET FOR SWITCHES, BY REGION,

2017–2025 (MILLION UNITS)       93

TABLE 32              HOME LIGHTING SYSTEM MARKET FOR DIMMERS, BY REGION,

2017–2025 (USD MILLION)           93

TABLE 33              HOME LIGHTING SYSTEM MARKET FOR DIMMERS, BY REGION,

2017–2025 (MILLION UNITS)       94

TABLE 34              HOME LIGHTING SYSTEM MARKET FOR RELAY UNITS, BY REGION,

2017–2025 (USD MILLION)           94

TABLE 35              HOME LIGHTING SYSTEM MARKET FOR RELAY UNITS, BY REGION,

2017–2025 (MILLION UNITS)       94

TABLE 36              HOME LIGHTING SYSTEM MARKET FOR GATEWAYS, BY REGION,

2017–2025 (USD MILLION)           95

TABLE 37              HOME LIGHTING SYSTEM MARKET FOR GATEWAYS, BY REGION,

2017–2025 (MILLION UNITS)       95

 

8.2.1.1   LED DRIVERS & BALLASTS             95

8.2.1.1.1               BALLASTS CONTROL THE AMOUNT OF CURRENT FROM THE SUPPLY LINE VOLTAGE FOR PROPER LAMP OPERATION        95

8.2.1.2   SENSORS             96

8.2.1.2.1               TYPES OF SENSORS USED IN LIGHTING CONTROLS INCLUDE OCCUPANCY AND DAYLIGHT SENSORS           96

8.2.1.3   SWITCHES           96

8.2.1.3.1               MANUAL ON/OFF SWITCHES      97

8.2.1.3.1.1           MANUAL ON/OFF SWITCHES ARE LESS COMPLEX AND

COST-EFFICIENT               97

8.2.1.3.2               ELECTRONIC SWITCHES 97

8.2.1.3.2.1           ELECTRONIC SWITCHES INCLUDE WIRELESS SWITCHES,

SENSOR-BASED SWITCHES, AND OTHERS              97

8.2.1.4   DIMMERS            97

8.2.1.4.1               WIRED DIMMERS             97

8.2.1.4.1.1           WIRED DIMMERS CAN BE SEGMENTED FURTHER INTO DALI, KNX, AND DMX BASED ON DIFFERENT STANDARD PROTOCOLS                97

8.2.1.4.2               WIRELESS DIMMERS       97

8.2.1.4.2.1           WIRELESS DIMMERS ARE OPERATED REMOTELY WITHOUT USING ANY WIRED CONNECTION        97

8.2.1.5   RELAY UNITS      98

8.2.1.5.1               RELAY UNITS INCLUDE RELAYS AND SMART CONTROLLABLE BREAKERS   98

8.2.1.6   GATEWAYS         98

8.2.1.6.1               GATEWAYS ACT AS PROTOCOL TRANSLATORS TO ENSURE PROPER SYSTEM INTEROPERABILITY   98

8.2.2      SOFTWARE         98

FIGURE 34           MARKET FOR CLOUD-BASED SOFTWARE IN LIGHTING CONTROL SYSTEMS TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD                98

TABLE 38              HOME LIGHTING SYSTEM MARKET FOR SOFTWARE, BY DEPLOYMENT TYPE, 2017–2025 (USD MILLION)   99

8.2.2.1   LOCAL/WEB-BASED SOFTWARE 99

8.2.2.1.1               WEB-BASED LIGHTING CONTROL SYSTEMS HAVE A BUILT-IN

WEB SERVER      99

8.2.2.2   CLOUD-BASED SOFTWARE           99

8.2.2.2.1               CLOUD-BASED SOFTWARE PROVIDES SHARED PROCESSING OF RESOURCES AND DATA TO USERS ON DEMAND             99

8.2.3      SERVICES             100

FIGURE 35           PROFESSIONAL SERVICES TO HOLD A LARGER SHARE IN THE LIGHTING CONTROL MARKET DURING THE FORECAST PERIOD           100

TABLE 39              HOME LIGHTING SYSTEM MARKET, BY SERVICES TYPE,

2017–2025 (USD MILLION)           100

8.2.3.1   PROFESSIONAL SERVICES             101

8.2.3.1.1               PROFESSIONAL SERVICES FOR LIGHTING INCLUDE AUDITING, DESIGNING, AND CONSULTING SERVICES                101

8.2.3.2   INSTALLATION & MAINTENANCE SERVICES          101

8.2.3.2.1               INSTALLATION SERVICES INCLUDE THE INSTALLATION OF LIGHTING CONTROL SYSTEMS                101

8.3          SECURITY AND ACCESS CONTROL             101

FIGURE 36           VIDEO SURVEILLANCE TO HOLD A LARGER SHARE OF THE MARKET FOR SECURITY AND ACCESS CONTROL DURING THE FORECAST PERIOD                102

TABLE 40              HOME AUTOMATION SYSTEM MARKET FOR SECURITY AND ACCESS CONTROL, BY TYPE, 2017–2025 (USD MILLION)             102

TABLE 41              HOME AUTOMATION SYSTEM MARKET FOR SECURITY AND ACCESS CONTROL, BY REGION, 2017–2025 (USD MILLION)             102

8.3.1      VIDEO SURVEILLANCE    103

FIGURE 37           SOFTWARE COMPONENTS FOR VIDEO SURVEILLANCE SYSTEMS TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD  103

TABLE 42              HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE,

BY OFFERING, 2017–2025 (USD MILLION)              103

TABLE 43              HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE,

BY REGION, 2017–2025 (USD MILLION)  104

TABLE 44              NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE, BY COUNTRY, 2017–2025 (USD MILLION)       104

TABLE 45              EUROPE: HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE, BY COUNTRY, 2017–2025 (USD MILLION)             104

TABLE 46              APAC: HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE,

BY COUNTRY, 2017–2025 (USD MILLION)               105

TABLE 47              ROW: HOME AUTOMATION SYSTEM FOR VIDEO SURVEILLANCE, BY REGION, 2017–2025 (USD MILLION)                105

TABLE 48              HOME AUTOMATION SYSTEM MARKET FOR VIDEO SURVEILLANCE,

BY MANAGEMENT, 2017–2025 (USD MILLION)   105

8.3.1.1   HARDWARE        106

FIGURE 38           CAMERAS TO HOLD THE LARGEST SHARE OF THE MARKET FOR HOME VIDEO SURVEILLANCE HARDWARE DURING THE FORECAST PERIOD                106

TABLE 49              VIDEO SURVEILLANCE MARKET FOR HARDWARE, BY COMPONENT,

2017–2025 (USD MILLION)           106

TABLE 50              VIDEO SURVEILLANCE MARKET FOR CAMERAS, BY TYPE,

2017–2025 (USD MILLION)           106

TABLE 51              VIDEO SURVEILLANCE MARKET FOR CAMERAS, BY TYPE,

2017–2025 (MILLION UNITS)       107

8.3.1.1.1               CAMERAS            107

8.3.1.1.1.1           CAMERAS CAPTURE VIDEO FOOTAGE OF PLACES UNDER SURVEILLANCE AND CAN OPERATE NONSTOP 107

8.3.1.1.2               MONITORS         107

8.3.1.1.2.1           MONITORS PROJECT DATA OBTAINED BY CAMERAS AS THE OUTPUT OF THE SURVEILLANCE SYSTEM       107

8.3.1.1.3               STORAGE SYSTEMS         107

8.3.1.1.3.1           DEMAND FOR IP-BASED SURVEILLANCE STORAGE SYSTEMS AND TECHNOLOGIES HAS INCREASED SIGNIFICANTLY WITH THE INTRODUCTION OF IP CAMERAS          107

8.3.1.1.4               OTHER ACCESSORIES      108

8.3.1.1.4.1           ACCESSORIES ARE USED FOR CONNECTING VARIOUS DEVICES AND ENHANCING VIDEO SURVEILLANCE CAPABILITIES     108

8.3.1.2   SOFTWARE/VIDEO ANALYTICS   108

8.3.1.2.1               VIDEO ANALYTICS SOLUTIONS AUTOMATICALLY MONITOR CAMERAS AND ALERT USERS ABOUT UNUSUAL OR SUSPICIOUS EVENTS               108

8.3.1.3   SERVICES             108

8.3.1.3.1               CLOUD SERVICES INCLUDE VIDEO RECORDING, REMOTE VIEWING, STORAGE, MANAGEMENT OF ALERTS, AND CYBERSECURITY      108

8.3.2      ACCESS CONTROL            109

FIGURE 39           HARDWARE COMPONENTS TO HOLD THE LARGEST SHARE OF THE MARKET FOR ACCESS CONTROL DURING THE FORECAST PERIOD  109

TABLE 52              HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL, BY OFFERING, 2017–2025 (USD MILLION)                109

TABLE 53              HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL, BY REGION, 2017–2025 (USD MILLION)   110

TABLE 54              NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET FOR

ACCESS CONTROL, BY COUNTRY, 2017–2025 (USD MILLION)        110

TABLE 55              EUROPE: HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL,

BY COUNTRY, 2017–2025 (USD MILLION)               110

TABLE 56              APAC: HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL,

BY COUNTRY, 2017–2025 (USD MILLION)               111

TABLE 57              ROW: HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL,

BY REGION, 2017–2025 (USD MILLION)  111

TABLE 58              HOME AUTOMATION SYSTEM MARKET FOR ACCESS CONTROL,

BY MANAGEMENT, 2017–2025 (USD MILLION)   111

8.3.2.1   HARDWARE        112

FIGURE 40           MARKET FOR CARD-BASED READERS TO HOLD THE LARGEST SHARE DURING THE FORECAST PERIOD         112

TABLE 59              ACCESS CONTROL MARKET FOR HARDWARE, BY TYPE,

2017–2025 (USD MILLION)           112

8.3.2.1.1               CARD-BASED READERS  113

TABLE 60              ACCESS CONTROL MARKET FOR CARD-BASED READERS, BY TYPE,

2017–2025 (USD MILLION)           113

TABLE 61              ACCESS CONTROL MARKET FOR CARD-BASED READERS, BY TYPE,

2017–2025 (THOUSAND UNITS) 113

TABLE 62              ACCESS CONTROL MARKET FOR SMART CARDS AND READERS, BY TYPE, 2017–2025 (USD MILLION)           113

8.3.2.1.1.1           MAGNETIC STRIPES AND READERS           114

8.3.2.1.1.1.1        A MAGNETIC STRIPE CARD READS THE INFORMATION STORED

ON THE MAGNETIC STRIPE          114

8.3.2.1.1.2           PROXIMITY CARDS AND READERS             114

8.3.2.1.1.2.1        A PROXIMITY CARD OPERATES ON RFID TECHNOLOGY AT A FREQUENCY OF 125 KHZ        114

8.3.2.1.1.3           SMARTCARDS AND READERS      114

8.3.2.1.1.3.1        SMARTCARDS ARE CLASSIFIED INTO TWO TYPES: CONTACT AND CONTACTLESS SMARTCARDS    114

8.3.2.1.1.4           CONTACT SMARTCARDS               115

8.3.2.1.1.4.1        CONTACT SMARTCARDS ARE REQUIRED TO MAKE PHYSICAL CONTACT WITH THE CARD READER 115

8.3.2.1.1.5           CONTACTLESS SMARTCARDS      115

8.3.2.1.1.5.1        CONTACTLESS SMARTCARDS OPERATE WITHOUT ANY DIRECT PHYSICAL CONTACT WITH CARD READERS                115

 

8.3.2.1.2               BIOMETRIC READERS      115

TABLE 63              ACCESS CONTROL MARKET FOR BIOMETRIC READERS, BY TYPE,

2017–2025 (USD MILLION)           115

TABLE 64              ACCESS CONTROL MARKET FOR BIOMETRIC READERS, BY TYPE,

2017–2025 (THOUSAND UNITS) 116

8.3.2.1.2.1           FINGERPRINT RECOGNITION      116

8.3.2.1.2.1.1        THERE ARE TWO CATEGORIES OF FINGERPRINT MATCHING: MINUTIAE-BASED AND PATTERN-BASED     116

8.3.2.1.2.2           PALM RECOGNITION      116

8.3.2.1.2.2.1        PALM PRINT MATCHING TECHNIQUES ARE OF 3 TYPES:

MINUTIAE-, CORRELATION-, AND RIDGE-BASED                116

8.3.2.1.2.3           IRIS RECOGNITION          117

8.3.2.1.2.3.1        IRIS RECOGNITION IS MORE DETAIL-ORIENTED AND, THEREBY, PROVIDES A HIGH LEVEL OF SECURITY      117

8.3.2.1.2.4           FACIAL RECOGNITION   117

8.3.2.1.2.4.1        FACIAL RECOGNITION SYSTEMS USE NUMERIC CODES

CALLED FACE PRINTS      117

8.3.2.1.2.5           VOICE RECOGNITION     117

8.3.2.1.2.5.1        VOICE RECOGNITION IDENTIFIES AND AUTHENTICATES AN INDIVIDUAL’S VOCAL MODALITIES   117

8.3.2.1.3               MULTI-TECHNOLOGY READERS  117

8.3.2.1.4               ELECTRONIC LOCKS         118

TABLE 65              ACCESS CONTROL MARKET FOR ELECTRONIC LOCKS, BY TYPE,

2017–2025 (USD MILLION)           118

TABLE 66              ACCESS CONTROL MARKET FOR ELECTRONIC LOCKS, BY TYPE,

2017–2025 (THOUSAND UNITS) 118

8.3.2.1.4.1           ELECTROMAGNETIC LOCKS          118

8.3.2.1.4.1.1        ELECTROMAGNETIC LOCKS ARE SIMPLE TO INSTALL AND

ATTACK-RESISTANT        118

8.3.2.1.4.2           ELECTRIC STRIKE LOCKS 119

8.3.2.1.4.2.1        ELECTRIC STRIKES ARE SIMPLE TO INSTALL AND ARE DESIGNED FOR DROP-IN REPLACEMENT OF A STANDARD STRIKE           119

8.3.2.1.4.3           SMART LOCKS   119

8.3.2.1.4.3.1        SMART LOCKS PERFORM LOCKING AND UNLOCKING AFTER RECEIVING INSTRUCTIONS FROM AN AUTHORIZED DEVICE      119

8.3.2.1.5               CONTROLLERS   119

TABLE 67              ACCESS CONTROL MARKET FOR CONTROLLERS, BY TYPE,

2017–2025 (USD MILLION)           119

8.3.2.1.5.1           SERIAL ACCESS CONTROLLERS    120

8.3.2.1.5.1.1        SERIAL ACCESS CONTROLLERS ARE CONNECTED THROUGH THE

RS-485 COMMUNICATION INTERFACE   120

8.3.2.1.5.2           IP ACCESS CONTROLLERS              120

8.3.2.1.5.2.1        AN IP ACCESS CONTROLLER IDENTIFIES USERS AND CONTROLS THEIR ENTRY AND EXIT    120

8.3.2.1.6               OTHERS                120

8.3.2.2   SOFTWARE         120

FIGURE 41           MARKET FOR VISITOR MANAGEMENT SYSTEMS TO HOLD A LARGER SHARE DURING THE FORECAST PERIOD                121

TABLE 68              ACCESS CONTROL MARKET, BY SOFTWARE, 2017–2025 (USD MILLION)   121

8.3.2.2.1               VISITOR MANAGEMENT SYSTEMS            121

8.3.2.2.1.1           VISITOR MANAGEMENT SYSTEMS HELP TRACK AND CONTROL THE ENTRY OF VISITORS TO RESTRICTED AREAS IN HOMES             121

8.3.2.2.2               OTHERS                122

8.3.2.3   SERVICES             122

FIGURE 42           SUPPORT AND MAINTENANCE SERVICES TO HOLD A LARGER SHARE

DURING THE FORECAST PERIOD                122

TABLE 69              ACCESS CONTROL MARKET, BY SERVICES, 2017–2025 (USD MILLION)       122

8.3.2.3.1               INSTALLATION AND INTEGRATION          123

8.3.2.3.1.1           INSTALLATION SERVICES INCLUDE THE DEPLOYMENT OF DOOR LOCKS, CONTROLLERS, READERS, EXIT SWITCHES, EMERGENCY SWITCHES, AND PCS     123

8.3.2.3.2               SUPPORT AND MAINTENANCE  123

8.3.2.3.2.1           SUPPORT AND MAINTENANCE SERVICES INCLUDE PERIODICAL UPGRADING OF SOFTWARE AND HARDWARE COMPONENTS         123

8.4          HVAC CONTROL                123

FIGURE 43           PUMPS AND FANS FOR HVAC CONTROL TO HOLD THE HIGHEST SHARE DURING THE FORECAST PERIOD  124

TABLE 70              HOME AUTOMATION SYSTEM MARKET FOR HVAC CONTROL, BY COMPONENT, 2017–2025 (USD MILLION)                124

TABLE 71              HOME AUTOMATION SYSTEM MARKET FOR HVAC CONTROL, BY REGION, 2017–2025 (USD MILLION)      124

TABLE 72              NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET FOR

HVAC CONTROL, BY COUNTRY, 2017–2025 (USD MILLION)            125

TABLE 73              EUROPE: HOME AUTOMATION SYSTEM MARKET FOR HVAC CONTROL,

BY COUNTRY, 2017–2025 (USD MILLION)               125

TABLE 74              APAC: HOME AUTOMATION SYSTEM MARKET FOR HVAC CONTROL,

BY COUNTRY, 2017–2025 (USD MILLION)               125

TABLE 75              ROW: HOME AUTOMATION SYSTEM MARKET FOR HVAC CONTROL,

BY REGION, 2017–2025 (USD MILLION)  126

TABLE 76              HOME AUTOMATION SYSTEM MARKET FOR HVAC CONTROL,

BY MANAGEMENT, 2017–2025 (USD MILLION)   126

8.4.1      SMART THERMOSTATS  126

8.4.1.1   A SMART THERMOSTAT MAINTAINS TEMPERATURE AT A REQUIRED LEVEL           126

TABLE 77              HVAC CONTROL MARKET FOR SMART THERMOSTATS, BY REGION,

2017–2025 (USD MILLION)           127

TABLE 78              HVAC CONTROL MARKET FOR SMART THERMOSTATS, BY REGION,

2017–2025 (THOUSAND UNITS) 127

8.4.2      SENSORS             127

8.4.2.1   SENSORS PERFORM LOGICAL FUNCTIONS SUCH AS MAKING DECISIONS AND COMMUNICATING WITH OTHER SYSTEMS              127

TABLE 79              HVAC CONTROL MARKET FOR SENSORS, BY REGION,

2017–2025 (USD MILLION)           128

8.4.3      CONTROL VALVES            128

8.4.3.1   GLOBE VALVES, BALL VALVES, TWO-WAY VALVES, THREE-WAY VALVES, AND BUTTERFLY VALVES ARE USED IN HVAC SYSTEMS              128

TABLE 80              HVAC CONTROL MARKET FOR CONTROL VALVES, BY REGION,

2017–2025 (USD MILLION)           128

8.4.4      HEATING AND COOLING COILS  129

8.4.4.1   HVAC COMPRISES OF LIQUID-TO-AIR AND AIR-TO-LIQUID COIL ARRANGEMENTS             129

TABLE 81              HVAC CONTROL MARKET FOR HEATING AND COOLING COILS, BY REGION, 2017–2025 (USD MILLION)     129

8.4.5      DAMPERS            129

8.4.5.1   DAMPERS REGULATE THE FLOW OF HOT/COLD AIR IN THE ROOM             129

TABLE 82              HVAC CONTROL MARKET FOR DAMPERS, BY REGION,

2017–2025 (USD MILLION)           130

8.4.6      ACTUATORS       130

8.4.6.1   ACTUATORS CONTROL THE VALVES AND DAMPERS IN AN HVAC SYSTEM               130

TABLE 83              HVAC CONTROL MARKET FOR ACTUATORS, BY REGION,

2017–2025 (USD MILLION)           130

8.4.7      PUMPS AND FANS          131

8.4.7.1   PUMPS AND EXHAUST FANS IN HVAC MAINTAIN A COMFORTABLE

CLIMATE IN THE BUILDING          131

TABLE 84              HVAC CONTROL MARKET FOR PUMPS AND FANS, BY REGION,

2017–2025 (USD MILLION)           131

8.4.8      SMART VENTS   131

8.4.8.1   SMART VENTS CAN BE PROGRAMMED TO OPEN AND CLOSE ACCORDING TO THE CLIMATIC CONDITIONS OF THE ROOM  131

TABLE 85              HVAC CONTROL MARKET FOR SMART VENTS, BY REGION,

2017–2025 (USD MILLION)           131

8.5          ENTERTAINMENT AND OTHER CONTROLS             132

FIGURE 44           MARKET FOR ENTERTAINMENT CONTROLS TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD                132

TABLE 86              HOME AUTOMATION SYSTEM MARKET FOR ENTERTAINMENT AND

OTHER CONTROLS, BY TYPE, 2017–2025 (USD BILLION)    133

TABLE 87              HOME AUTOMATION SYSTEM MARKET FOR ENTERTAINMENT AND

OTHER CONTROLS, BY REGION, 2017–2025 (USD BILLION)             133

TABLE 88              NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY COUNTRY,

2017–2025 (USD MILLION)           133

TABLE 89              EUROPE: HOME AUTOMATION SYSTEM MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY COUNTRY, 2017–2025 (USD MILLION)     134

TABLE 90              APAC: HOME AUTOMATION SYSTEM MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY COUNTRY, 2017–2025 (USD MILLION)           134

TABLE 91              ROW: HOME AUTOMATION SYSTEM MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY REGION, 2017–2025 (USD MILLION)           134

TABLE 92              HOME AUTOMATION SYSTEM MARKET FOR ENTERTAINMENT AND OTHER CONTROLS, BY MANAGEMENT, 2017–2025 (USD BILLION)             135

8.5.1      ENTERTAINMENT CONTROLS      135

FIGURE 45           MARKET FOR AUDIO, VOLUME, AND MULTIMEDIA CONTROLS TO

COMMAND THE LARGEST SHARE DURING THE FORECAST PERIOD             135

TABLE 93              HOME AUTOMATION SYSTEM MARKET FOR ENTERTAINMENT CONTROLS,

BY TYPE, 2017–2025 (USD MILLION)         136

8.5.1.1   AUDIO, VOLUME, AND MULTIMEDIA CONTROLS              136

8.5.1.1.1               AUDIO AND VOLUME CONTROL SYSTEMS ENABLE PLAYBACK AND MUSIC CONTROL THROUGHOUT THE HOME   136

8.5.1.2   HOME THEATER SYSTEM CONTROLS        137

8.5.1.2.1               HOME THEATER SYSTEMS ARE PROFESSIONALLY DESIGNED TO PROVIDE AN ULTIMATE MOVIE-VIEWING EXPERIENCE       137

8.5.1.3   TOUCHSCREENS AND KEYPADS  137

8.5.1.3.1               TOUCHSCREENS AND KEYPADS CONTROL THE AUDIO-VIDEO DISTRIBUTION AT HOME    137

8.5.2      OTHER CONTROLS           138

FIGURE 46           MARKET FOR SMART WINDOW BLINDS TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD                138

TABLE 94              HOME AUTOMATION SYSTEM MARKET FOR OTHER CONTROLS, BY TYPE, 2017–2025 (USD MILLION)         138

8.5.2.1   SMART METERS                139

8.5.2.1.1               A SMART METER MEASURES THE ENERGY CONSUMPTION AND ENABLES COMMUNICATION BETWEEN THE USER AND UTILITY           139

8.5.2.2   SMART PLUGS   139

8.5.2.2.1               SMART PLUGS GIVE USERS THE ABILITY TO MONITOR ALL DEVICES CONNECTED TO THE SMART PLUG     139

8.5.2.3   SMART HUBS     139

8.5.2.3.1               SMART HUBS CONTROL THE CONNECTED GADGETS IN A HOME AUTOMATION SYSTEM 139

8.5.2.4   SMART LOCKS   139

8.5.2.4.1               SMART LOCKS ARE WIRELESS-ENABLED AND CAN BE BASED ON VARIOUS WIRELESS TECHNOLOGIES        139

8.5.2.5   SMART WINDOW BLINDS             140

8.5.2.5.1               SMART WINDOW BLINDS CAN BE OPENED OR CLOSED ON COMMAND OR BASED ON ROOM OCCUPANCY                140

8.5.2.6   SMOKE DETECTORS         140

8.5.2.6.1               SMOKE DETECTORS DETECT SMOKE AND WARN OCCUPANTS

ABOUT FIRES     140

8.6          IMPACT OF COVID-19 ON HOME AUTOMATION PRODUCTS         140

8.6.1      MOST IMPACTED MARKET           140

FIGURE 47           IMPACT OF COVID-19 ON THE MARKET FOR ENTERTAINMENT AND

OTHER CONTROLS           140

8.6.2      LEAST IMPACTED MARKET           141

FIGURE 48           IMPACT OF COVID-19 ON THE MARKET FOR SECURITY AND ACCESS CONTROL     141

9              HOME AUTOMATION SYSTEM MARKET, BY SOFTWARE AND ALGORITHM             142

9.1          INTRODUCTION                143

FIGURE 49           PROACTIVE SOFTWARE AND ALGORITHM SEGMENT TO WITNESS THE HIGHEST GROWTH IN THE FORECAST PERIOD 143

TABLE 95              HOME AUTOMATION SYSTEM MARKET FOR SOFTWARE AND ALGORITHM,

BY TYPE, 2017–2025 (USD BILLION)           144

9.2          BEHAVIORAL      144

9.2.1      BEHAVIORAL SOFTWARE AND ALGORITHM PROVIDES DIRECT

FEEDBACK TO THE END USER      144

9.3          PROACTIVE         145

9.3.1      PROACTIVE TYPE OF SOFTWARE AND ALGORITHM CAN ADJUST PARAMETERS BASED ON USER RESPONSE            145

10           GEOGRAPHIC ANALYSIS OF THE HOME AUTOMATION SYSTEM MARKET                146

10.1        INTRODUCTION                147

FIGURE 50           AUSTRALIA TO WITNESS HIGHEST GROWTH IN THE HOME AUTOMATION SYSTEM MARKET DURING THE FORECAST PERIOD           147

TABLE 96              HOME AUTOMATION SYSTEM MARKET, BY REGION,

2017–2025 (USD BILLION)             147

10.2        NORTH AMERICA             148

FIGURE 51           NORTH AMERICA: SNAPSHOT OF THE HOME AUTOMATION SYSTEM MARKET     149

TABLE 97              NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET, BY COUNTRY, 2017–2025 (USD BILLION)          149

TABLE 98              HOME AUTOMATION SYSTEM MARKET IN NORTH AMERICA, BY PRODUCT, 2017–2025 (USD BILLION)     150

TABLE 99              NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET FOR SECURITY

AND ACCESS CONTROL, BY TYPE, 2017–2025 (USD MILLION)        150

TABLE 100            NORTH AMERICA: HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT, 2017–2025 (USD BILLION)                150

10.2.1    US          151

10.2.1.1                THE US HELD THE LARGEST SHARE OF THE HOME AUTOMATION SYSTEM

MARKET GLOBALLY         151

10.2.2    CANADA              151

10.2.2.1                CANADA TO WITNESS STEADY GROWTH FOR HVAC AND LIGHTING CONTROL SYSTEMS DURING THE FORECAST PERIOD           151

10.2.3    MEXICO               151

10.2.3.1                LIMITED HOUSEHOLD INCOMES RESTRICT THE GROWTH OF THE HOME AUTOMATION SYSTEM MARKET IN MEXICO               151

10.3        EUROPE               152

FIGURE 52           EUROPE: SNAPSHOT OF THE HOME AUTOMATION SYSTEM MARKET       152

TABLE 101            EUROPE: HOME AUTOMATION SYSTEM MARKET, BY COUNTRY,

2017–2025 (USD MILLION)           153

TABLE 102            EUROPE: HOME AUTOMATION SYSTEM MARKET, BY PRODUCT,

2017–2025 (USD MILLION)           153

TABLE 103            EUROPE: HOME AUTOMATION SYSTEM MARKET FOR SECURITY AND

ACCESS CONTROL, BY TYPE, 2017–2025 (USD MILLION)   153

TABLE 104            EUROPE: HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT,

2017–2025 (USD BILLION)             154

10.3.1    UK          154

10.3.1.1                HIGH DEGREE OF MODERNIZATION AND TECH-SAVVY HOMEOWNERS DRIVING THE HOME AUTOMATION SYSTEM MARKET IN THE UK        154

10.3.2    GERMANY           154

10.3.2.1                HIGH MARKET GROWTH IN GERMANY ATTRIBUTED TO THE DEPLOYMENT OF

HVAC AND LIGHTING CONTROL SYSTEMS             154

 

10.3.3    FRANCE                155

10.3.3.1                GOVERNMENT INITIATIVES TO BOOST THE DEPLOYMENT OF HOME AUTOMATION SYSTEMS IN FRANCE                155

10.3.4    ITALY     155

10.3.4.1                HOME AUTOMATION SYSTEM MARKET IN ITALY PRIMARILY DRIVEN BY

LIGHTING CONTROL SYSTEMS    155

10.3.5    REST OF EUROPE              155

10.4        APAC     156

FIGURE 53           APAC: SNAPSHOT OF THE HOME AUTOMATION SYSTEM MARKET             156

TABLE 105            APAC: HOME AUTOMATION SYSTEM MARKET, BY COUNTRY,

2017–2025 (USD MILLION)           157

TABLE 106            APAC: HOME AUTOMATION SYSTEM MARKET, BY PRODUCT,

2017–2025 (USD MILLION)           157

TABLE 107            APAC: HOME AUTOMATION SYSTEM MARKET FOR SECURITY AND

ACCESS CONTROL, BY TYPE, 2017–2025 (USD MILLION)   157

TABLE 108            APAC: HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT,

2017–2025 (USD BILLION)             158

10.4.1    CHINA   158

10.4.1.1                RAPID MODERNIZATION AND AN INCREASE IN RESIDENTIAL HOUSING PROJECTS TO DRIVE THE MARKET IN CHINA   158

10.4.2    JAPAN  158

10.4.2.1                HIGH PENETRATION OF LED LIGHTING SOLUTIONS EXPECTED TO BOOST THE ADOPTION OF AUTOMATED LIGHTING SYSTEMS         158

10.4.3    SOUTH KOREA   158

10.4.3.1                INCREASING DEVELOPMENTS TOWARDS ENERGY CONVERSION AND SUPPORTIVE GOVERNMENT PROGRAMS TO DRIVE THE MARKET IN SOUTH KOREA     158

10.4.4    AUSTRALIA         159

10.4.4.1                AUSTRALIA IS EXPECTED TO REGISTER THE HIGHEST GROWTH WORLDWIDE FOR HOME AUTOMATION SYSTEMS DURING THE FORECAST PERIOD             159

10.4.5    REST OF APAC   159

10.5        ROW      159

FIGURE 54           MIDDLE EAST & AFRICA TO HOLD A LARGER SHARE OF THE MARKET

DURING THE FORECAST PERIOD                159

TABLE 109            ROW: HOME AUTOMATION SYSTEM MARKET, BY REGION,

2017–2025 (USD MILLION)           159

TABLE 110            ROW: HOME AUTOMATION SYSTEM MARKET, BY PRODUCT,

2017–2025 (USD MILLION)           160

TABLE 111            ROW: HOME AUTOMATION SYSTEM MARKET FOR SECURITY AND

ACCESS CONTROL, BY TYPE, 2017–2025 (USD MILLION)   160

TABLE 112            ROW: HOME AUTOMATION SYSTEM MARKET, BY MANAGEMENT,

2017–2025 (USD BILLION)             160

10.5.1    MIDDLE EAST & AFRICA 161

10.5.1.1                MARKET IN MIDDLE EAST & AFRICA PRIMARILY DRIVEN BY MAJOR

GULF COUNTRIES IN THE REGION             161

10.5.2    SOUTH AMERICA             161

10.5.2.1                LACK OF HOUSING INFRASTRUCTURE TO ACT AS A RESTRAINT FOR HOME AUTOMATION PRODUCTS IN SOUTH AMERICAN COUNTRIES 161

10.6        COVID-19 IMPACT ON THE HOME AUTOMATION SYSTEM MARKET IN VARIOUS REGIONS             161

10.6.1    MOST IMPACTED REGION            161

FIGURE 55           IMPACT OF COVID-19 ON THE HOME AUTOMATION SYSTEM MARKET IN NORTH AMERICA          161

10.6.2    LEAST IMPACTED REGION            162

FIGURE 56           IMPACT OF COVID-19 ON THE HOME AUTOMATION SYSTEM MARKET IN APAC  162

11           PROTOCOLS AND TECHNOLOGIES USED IN HOME AUTOMATION SYSTEMS           163

11.1        INTRODUCTION                163

11.2        NETWORK TECHNOLOGIES          163

11.2.1    CDMA NETWORKS           163

11.2.2    GSM/HSPA NETWORKS 163

11.2.3    LTE NETWORKS 164

11.3        PROTOCOLS & STANDARDS         164

11.3.1    DIGITAL ADDRESSABLE LIGHTING INTERFACE (DALI)        164

11.3.2    NATIONAL ELECTRICAL MANUFACTURERS ASSOCIATION (NEMA)             164

11.3.3    KNX       165

11.3.4    DIGITAL MULTIPLEXER (DMX)    165

11.3.5    LONWORKS        165

11.3.6    ETHERNET           166

11.3.7    MODBUS             166

11.3.8    BUILDING AUTOMATION AND CONTROL NETWORK (BACNET)   166

11.3.9    BLACK BOX         166

11.3.10  POWER LINE COMMUNICATION (PLC)   166

11.4        WIRELESS COMMUNICATION TECHNOLOGIES    167

11.4.1    ZIGBEE  167

11.4.2    Z-WAVE               167

11.4.3    WI-FI     167

11.4.4    BLUETOOTH       167

11.4.5    ENOCEAN            168

11.4.6    THREAD                168

12           TYPES OF HOME AUTOMATION SYSTEMS             169

12.1        INTRODUCTION                169

12.2        LUXURY HOME AUTOMATION SYSTEMS                169

12.3        MAINSTREAM HOME AUTOMATION SYSTEMS   169

12.4        MANAGED HOME AUTOMATION SYSTEMS          169

12.5        DIY (DO IT YOURSELF) HOME AUTOMATION SYSTEMS    170

 

13           COMPETITIVE LANDSCAPE OF HOME AUTOMATION SYSTEM MARKET    171

13.1        OVERVIEW          171

13.2        KEY PLAYER STRATEGIES/RIGHT TO WIN                171

TABLE 113            OVERVIEW OF STRATEGIES DEPLOYED BY KEY HOME AUTOMATION OEMS           171

13.2.1    PRODUCT PORTFOLIO    172

13.2.2    REGIONAL FOCUS            172

13.2.3    MANUFACTURING FOOTPRINT 172

13.2.4    ORGANIC/INORGANIC GROWTH STRATEGIES     172

13.3        MARKET SHARE ANALYSIS: HOME AUTOMATION SYSTEM MARKET, 2019               173

FIGURE 57           SHARE OF LEADING COMPANIES IN THE HOME AUTOMATION SYSTEM MARKET, 2019    173

13.4        FIVE-YEAR COMPANY REVENUE ANALYSIS           174

FIGURE 58           FIVE-YEAR REVENUE ANALYSIS OF THE TOP FIVE PLAYERS IN THE

HOME AUTOMATION SYSTEM MARKET 174

13.5        COMPANY EVALUATION QUADRANT     174

13.5.1    STARS   174

13.5.2    EMERGING LEADERS      175

13.5.3    PERVASIVE PLAYERS       175

13.5.4    PARTICIPANTS  175

FIGURE 59           HOME AUTOMATION SYSTEM MARKET COMPANY

EVALUATION QUADRANT, 2019                176

13.5.5    COMPANY PRODUCT FOOTPRINT             177

FIGURE 60           COMPANY PRODUCT FOOTPRINT             177

FIGURE 61           COMPANY APPLICATION FOOTPRINT     178

FIGURE 62           COMPANY INDUSTRY FOOTPRINT            179

FIGURE 63           COMPANY REGION FOOTPRINT                180

13.6        START-UP/SME EVALUATION MATRIX   181

TABLE 114            LIST OF START-UP COMPANIES IN THE HOME AUTOMATION SYSTEM MARKET   181

13.6.1    PROGRESSIVE COMPANIES         181

13.6.2    RESPONSIVE COMPANIES            182

13.6.3    DYNAMIC COMPANIES  182

13.6.4    STARTING BLOCKS           182

FIGURE 64           HOME AUTOMATION SYSTEM MARKET, STARTUP/SME EVALUATION

MATRIX, 2019    183

13.7        COMPETITIVE SITUATIONS AND TRENDS               184

FIGURE 65           HOME AUTOMATION SYSTEM MARKET WITNESSED A SIGNIFICANT

GROWTH BETWEEN JANUARY 2017 AND DECEMBER 2019              184

13.7.1    PRODUCT LAUNCHES     185

TABLE 115            PRODUCT LAUNCHES, 2017–2019             185

13.7.2    PARTNERSHIPS AND COLLABORATIONS 186

TABLE 116            PARTNERSHIPS AND COLLABORATIONS, 2017–2019         186

13.7.3    EXPANSIONS     187

TABLE 117            EXPANSIONS, 2017–2019              187

13.7.4    ACQUISITIONS  187

TABLE 118            ACQUISITIONS, 2017–2019          187

13.7.5    AGREEMENTS    188

TABLE 119            AGREEMENTS, 2017–2019            188

14           COMPANY PROFILES      189

14.1        KEY PLAYERS      189

(BUSINESS OVERVIEW, PRODUCTS AND SOFTWARE OFFERED, RECENT DEVELOPMENTS, COVID-19-RELATED DEVELOPMENTS, AND MNM VIEW)*

14.1.1    RESIDEO TECHNOLOGIES              189

FIGURE 66           RESIDEO: COMPANY SNAPSHOT               190

14.1.2    LEGRAND            195

FIGURE 67           LEGRAND: COMPANY SNAPSHOT             195

14.1.3    SCHNEIDER ELECTRIC      199

FIGURE 68           SCHNEIDER ELECTRIC: COMPANY SNAPSHOT      199

14.1.4    JOHNSON CONTROLS     202

FIGURE 69           JOHNSON CONTROLS: COMPANY SNAPSHOT     203

14.1.5    SIEMENS              206

FIGURE 70           SIEMENS: COMPANY SNAPSHOT              206

14.1.6    INGERSOLL RAND            210

FIGURE 71           INGERSOLL RAND: COMPANY SNAPSHOT             210

14.1.7    ABB        212

FIGURE 72           ABB: COMPANY SNAPSHOT        212

14.1.8    LEVITON MANUFACTURING COMPANY                215

14.1.9    CONTROL4          218

FIGURE 73           CONTROL4: COMPANY SNAPSHOT           218

14.1.10  CRESTRON ELECTRONICS              222

* BUSINESS OVERVIEW, PRODUCTS AND SOFTWARE OFFERED, RECENT DEVELOPMENTS, COVID-19-RELATED DEVELOPMENTS, AND MNM VIEW MIGHT NOT BE CAPTURED IN CASE OF UNLISTED COMPANIES.

14.2        OTHER KEY PLAYERS        225

14.2.1    ACUITY BRANDS               225

14.2.2    LUTRON ELECTRONICS   226

14.2.3    REMOTE TECHNOLOGIES INCORPORATED            227

14.2.4    ELAN     228

14.2.5    ADT        229

14.2.6    AMX      230

14.2.7    DEVELCO PRODUCTS      231

14.2.8    VANTAGE CONTROLS     232

14.2.9    SAVANT SYSTEMS            233

14.2.10  SMARTTHINGS  234

 

15           APPENDIX           235

15.1        DISCUSSION GUIDE        235

15.1.1    HOME AUTOMATION SYSTEM MARKET 235

15.2        KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL   238

15.3        AVAILABLE CUSTOMIZATIONS   240

15.4        RELATED REPORTS (HOME AUTOMATION SYSTEM MARKET)        240

15.5        AUTHOR DETAILS             241

 

Telecom Power System Market by grid type (On-Grid, Off-Grid, Bad grid), component, power source, Technology, (AC power system, DC power system), Power...

Publisher:        MarketsandMarkets

# of Pages:        230

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Publication Date:  March, 2022

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1 INTRODUCTION 22
1.1 STUDY OBJECTIVES 22
1.2 MARKET DEFINITION 22
1.3 STUDY SCOPE 23
1.3.1 MARKET SEGMENTATION 23
FIGURE 1 TELECOM POWER SYSTEM MARKET SEGMENTATION 23
1.3.2 GEOGRAPHIC SCOPE 23
1.3.3 INCLUSIONS AND EXCLUSIONS 24
1.3.4 YEARS CONSIDERED 25
1.4 CURRENCY 25
1.5 STAKEHOLDERS 25
1.6 SUMMARY OF CHANGES 26
2 RESEARCH METHODOLOGY 27
2.1 RESEARCH DATA 27
FIGURE 2 TELECOM POWER SYSTEM MARKET: RESEARCH DESIGN 27
2.1.1 SECONDARY DATA 28
2.1.1.1 Secondary sources 28
2.1.2 PRIMARY DATA 29
2.1.2.1 Primary interviews with experts 29
2.1.2.2 Breakdown of primary interviews 29
2.1.2.3 Key data from primary sources 30
2.1.2.4 Key industry insights 30
2.2 MARKET SIZE ESTIMATION 31
FIGURE 3 TELECOM POWER SYSTEM MARKET: PROCESS FLOW OF MARKET SIZE ESTIMATION 31
2.2.1 TOP-DOWN APPROACH 31
2.2.1.1 Approach for capturing market size by top-down analysis
(supply side) 32
FIGURE 4 TOP-DOWN APPROACH: MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 SUPPLY SIDE 32
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 - SUPPLY SIDE 33
2.2.2 BOTTOM-UP APPROACH 34
2.2.2.1 Approach for capturing market share by bottom-up analysis
(demand side) 34
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 - DEMAND SIDE 34
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 35
FIGURE 7 DATA TRIANGULATION 35
 
2.4 RESEARCH ASSUMPTIONS 36
TABLE 1 ASSUMPTIONS FOR RESEARCH STUDY 36
2.5 LIMITATIONS 37
2.6 RISK FACTORS 37
3 EXECUTIVE SUMMARY 38
FIGURE 8 TELECOM POWER SYSTEM MARKET, 2018–2027 (USD BILLION) 39
3.1 TELECOM POWER SYSTEM MARKET SCENARIO 39
FIGURE 9 GROWTH PROJECTIONS FOR TELECOM POWER SYSTEM MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS 39
3.1.1 REALISTIC SCENARIO 40
3.1.2 PESSIMISTIC SCENARIO 40
3.1.3 OPTIMISTIC SCENARIO 40
FIGURE 10 BAD GRID SEGMENT TO HOLD LARGEST SHARE OF TELECOM POWER SYSTEM MARKET, BY GRID TYPE, DURING FORECAST PERIOD 40
FIGURE 11 INVERTERS TO REGISTER HIGHEST CAGR IN TELECOM POWER SYSTEM MARKET, BY COMPONENT, DURING FORECAST PERIOD 41
FIGURE 12 DIESEL-BATTERY SEGMENT HELD LARGEST SHARE, BY POWER SOURCE,
OF TELECOM POWER SYSTEM MARKET IN 2021 41
FIGURE 13 APAC TO EXHIBIT HIGHEST CAGR IN GLOBAL TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 42
4 PREMIUM INSIGHTS 43
4.1 ATTRACTIVE OPPORTUNITIES IN TELECOM POWER SYSTEM MARKET 43
FIGURE 14 INCREASING NUMBER OF TELECOM INFRASTRUCTURES IN REMOTE AREAS TO CREATE GROWTH OPPORTUNITIES FOR MARKET 43
4.2 TELECOM POWER SYSTEM MARKET, BY POWER SOURCE 44
FIGURE 15 DIESEL-SOLAR POWER SOURCE TO WITNESS HIGHEST CAGR IN TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 44
4.3 TELECOM POWER SYSTEM MARKET, BY GRID TYPE 44
FIGURE 16 BAD-GRID SEGMENT HELD LARGEST SHARE OF TELECOM POWER SYSTEM MARKET IN 2021 44
4.4 TELECOM POWER SYSTEM MARKET, BY COMPONENT 45
FIGURE 17 INVERTER COMPONENT SEGMENT TO EXPERIENCE HIGHEST CAGR IN TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 45
4.5 COUNTRY-WISE TELECOM POWER SYSTEM MARKET GROWTH 46
FIGURE 18 TELECOM POWER SYSTEM MARKET IN INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 46
5 MARKET OVERVIEW 47
5.1 INTRODUCTION 47
5.2 MARKET DYNAMICS 47
FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 47
5.2.1 DRIVERS 48
FIGURE 20 TELECOM POWER SYSTEM MARKET DRIVERS AND THEIR IMPACT 48
5.2.1.1 Increasing number of telecom infrastructures in remote areas 48
TABLE 2 4G TECHNOLOGY PENETRATION IN URBAN VS RURAL AREAS 49
5.2.1.2 Growing adoption of telecom services and high data traffic 49
FIGURE 21 MOBILE DATA TRAFFIC 2018–2022 49
TABLE 3 PENETRATION OF INDIVIDUALS USING INTERNET 50
5.2.1.3 Rising awareness about reducing carbon footprint from telecom power systems 50
5.2.2 RESTRAINTS 51
FIGURE 22 TELECOM POWER SYSTEM MARKET RESTRAINTS AND THEIR IMPACT 51
5.2.2.1 High deployment and operational costs 51
5.2.2.2 Environmental concerns due to usage of diesel 51
5.2.3 OPPORTUNITY 52
FIGURE 23 TELECOM POWER SYSTEM MARKET OPPORTUNITIES AND THEIR IMPACT 52
5.2.3.1 Growing adoption of hybrid power systems 52
5.2.3.2 Increasing technological advancements in cellular networks
(5G, LTE services, etc.) 53
TABLE 4 4G TECHNOLOGY PENETRATION 53
5.2.3.3 Surging requirements for advanced telecom infrastructure and
M2M connections 53
FIGURE 24 CELLULAR IOT CONNECTIONS, 2019 VS. 2025 54
5.2.3.4 Rising use of GaN-based power devices with evolution of 5G technology 54
5.2.4 CHALLENGES 55
FIGURE 25 TELECOM POWER SYSTEM MARKET CHALLENGES AND THEIR IMPACT 55
5.2.4.1 Lack of infrastructure development for energy management 55
5.2.4.2 Design challenges for telecom power systems 55
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 56
FIGURE 26 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES RELATED TO TELECOM POWER SYSTEM MARKET 56
5.4 ECOSYSTEM/MARKET MAP 57
TABLE 5 TELECOM POWER SYSTEM MARKET: ECOSYSTEM 57
FIGURE 27 KEY PLAYERS IN TELECOM POWER SYSTEM ECOSYSTEM 58
5.4.1 TELECOM POWER SYSTEM MANUFACTURERS 58
5.4.2 TELECOM NETWORK SOLUTION PROVIDERS 58
5.4.3 SYSTEM INTEGRATORS 58
5.4.4 NETWORK OPERATORS 59
5.5 TECHNOLOGY ANALYSIS 59
5.5.1 5G NETWORK 59
5.5.2 SMART MANUFACTURING 59
5.5.3 ASSET PERFORMANCE MANAGEMENT SYSTEMS 60
5.6 VALUE CHAIN ANALYSIS 60
FIGURE 28 VALUE CHAIN: TELECOM POWER SYSTEM MARKET 60
 
5.7 PATENT ANALYSIS 62
TABLE 6 NOTABLE PATENTS PERTAINING TO TELECOM POWER SYSTEM MARKET 62
TABLE 7 NUMBER OF PATENTS REGISTERED RELATED TO TELECOM POWER SYSTEM MARKET IN LAST 10 YEARS 66
FIGURE 29 TOP 10 COMPANIES WITH HIGHEST NO. OF PATENT APPLICATIONS IN LAST 10 YEARS 67
FIGURE 30 NO. OF PATENTS GRANTED PER YEAR, 2012–2021 67
5.8 REGULATORY LANDSCAPE 68
5.8.1 NORTH AMERICA 68
5.8.2 EUROPE 68
5.8.3 APAC 69
5.8.4 GLOBAL 69
5.9 TRADE DATA 69
5.9.1 IMPORT DATA 70
TABLE 8 IMPORT DATA FOR HS CODE 8504, BY COUNTRY, 2016–2020 (USD BILLION) 70
5.9.2 EXPORT DATA 70
TABLE 9 EXPORT DATA FOR HS CODE 8504, BY COUNTRY, 2016–2020 (USD BILLION) 70
5.10 CASE STUDY ANALYSIS 71
5.10.1 POWERING OF LARGE TELECOM AND SEASONAL AIR CONDITIONING 71
5.10.2 ADVANCED REMOTE TELECOM SITE AUTOMATION 71
5.10.3 OFF-GRID LTE WIRELESS NETWORKS 72
5.10.4 HYBRID OFF-GRID TELECOM SITES 72
5.10.5 HD-PLC FOR A FASTER, CHEAPER SMART METERING 73
5.11 KEY CONFERENCES & EVENTS DURING 2022–2023 73
TABLE 10 TELECOM POWER SYSTEM MARKET: DETAILED LIST OF CONFERENCES & EVENTS 73
5.12 PORTER’S FIVE FORCE ANALYSIS 77
TABLE 11 IMPACT OF PORTER’S FIVE FORCES ON TELECOM POWER SYSTEM MARKET 77
FIGURE 31 TELECOM POWER SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS 77
5.12.1 INTENSITY OF COMPETITIVE RIVALRY 78
5.12.2 THREAT OF SUBSTITUTES 78
5.12.3 BARGAINING POWER OF BUYERS 78
5.12.4 BARGAINING POWER OF SUPPLIERS 78
5.12.5 THREAT OF NEW ENTRANTS 78
5.13 KEY STAKEHOLDERS & BUYING CRITERIA 79
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 79
FIGURE 32 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 POWER SOURCES 79
TABLE 12 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 3 POWER SOURCES (%) 79
5.13.2 BUYING CRITERIA 80
FIGURE 33 KEY BUYING CRITERIA FOR TOP 3 POWER SOURCES 80
TABLE 13 KEY BUYING CRITERIA FOR TOP 3 POWER SOURCES 80
5.14 AVERAGE SELLING PRICE (ASP) ANALYSIS 81
FIGURE 34 GLOBAL ASP OF TELECOM POEWR SYSTEMS, 2021 81
6 TELECOM POWER SYSTEM MARKET, BY COMPONENT 82
6.1 INTRODUCTION 83
FIGURE 35 INVERTERS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 83
TABLE 14 TELECOM POWER SYSTEM MARKET, BY COMPONENT,
2018–2021 (USD MILLION) 83
TABLE 15 TELECOM POWER SYSTEM MARKET, BY COMPONENT,
2022–2027 (USD MILLION) 84
6.2 RECTIFIERS 84
6.2.1 RECTIFIERS CONVERT ALTERNATING CURRENT TO DIRECT CURRENT AND PROVIDE POWER TO CHARGE BATTERIES 84
6.3 INVERTERS 85
6.3.1 INVERTERS TO REGISTER HIGHEST CAGR IN TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 85
6.4 CONVERTERS 85
6.4.1 MAJOR FUNCTION OF CONVERTERS IS TO CONVERT UNREGULATED VOLTAGE INTO REGULATED VOLTAGE 85
6.5 CONTROLLERS 86
6.5.1 CONTROLLERS PROVIDE INTELLIGENT CONTROL AND MONITOR OPERATIONAL PARAMETERS OF TEMECOM POEWR SYSTEMS 86
6.6 HEAT MANAGEMENT SYSTEMS 86
6.6.1 HEAT MANAGEMENT SYSTEMS OFFER INCLUDE HEAT EXCHANGE, DIRECT VENTILATION, THERMOELECTRIC COOLING, AND DC-POWERED AIR CONDITIONING 86
6.7 GENERATORS 87
6.7.1 GENERATORS PROVIDE RELIABILITY AND LONG HOURS OF USE IN REMOTE LOCATIONS WITHOUT COMPROMISING PERFORMANCE 87
6.8 OTHERS 87
6.8.1 POWER DISTRIBUTION UNITS 87
6.8.2 BATTERIES 88
6.8.3 SOLAR OR PV CELLS 88
6.8.4 WIND TURBINES 88
6.8.5 SURGE PROTECTION DEVICES 89
6.8.6 CIRCUIT BREAKERS 89
7 TELECOM POWER SYSTEM MARKET, BY GRID TYPE 91
7.1 INTRODUCTION 92
FIGURE 36 TELECOM POWER SYSTEM FOR OFF-GRID TYPE TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 92
TABLE 16 TELECOM POWER SYSTEM MARKET, BY GRID TYPE,
2018–2021 (USD MILLION) 92
TABLE 17 TELECOM POWER SYSTEM MARKET, BY GRID TYPE,
2022–2027 (USD MILLION) 92
 
7.2 ON-GRID 93
7.2.1 ON-GRID-CONNECTED TELECOM POWER SYSTEMS HAVE LOWER ENVIRONMENTAL IMPACT 93
TABLE 18 TELECOM POWER SYSTEM MARKET FOR ON-GRID, BY REGION,
2018–2021 (USD MILLION) 93
TABLE 19 TELECOM POWER SYSTEM MARKET FOR ON-GRID, BY REGION,
2022–2027 (USD MILLION) 93
7.3 OFF-GRID 94
7.3.1 OFF-GRID-CONNECTED TELECOM POWER SYSTEMS ARE EXPECTED TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 94
TABLE 20 TELECOM POWER SYSTEM MARKET FOR OFF-GRID, BY REGION,
2018–2021 (USD MILLION) 94
TABLE 21 TELECOM POWER SYSTEM MARKET FOR OFF-GRID BY REGION,
2022–2027 (USD MILLION) 95
7.4 BAD GRID 95
7.4.1 BAD GRID-CONNECTED TELECOM POWER SYSTEMS ARE MAINLY USED IN DEVELOPING ECONOMIES SUCH AS INDIA, BRAZIL, AND AFRICAN COUNTRIES 95
TABLE 22 TELECOM POWER SYSTEM MARKET FOR BAD GRID, BY REGION,
2018–2021 (USD MILLION) 96
TABLE 23 TELECOM POWER SYSTEM MARKET FOR BAD GRID BY REGION,
2022–2027 (USD MILLION) 96
8 TELECOM POWER SYSTEM MARKET, BY POWER RATING 97
8.1 INTRODUCTION 98
FIGURE 37 TELECOM POWER SYSTEMS WITH BELOW 10 KW POWER RATING TO DOMINATE MARKET DURING FORECAST PERIOD 98
TABLE 24 TELECOM POWER SYSTEM MARKET, BY POWER RATING,
2018–2021 (USD MILLION) 98
TABLE 25 TELECOM POWER SYSTEM MARKET, BY POWER RATING,
2022–2027 (USD MILLION) 99
TABLE 26 TELECOM POWER SYSTEM MARKET, BY POWER RATING,
2018–2021 (THOUSAND UNITS) 99
TABLE 27 TELECOM POWER SYSTEM MARKET, BY POWER RATING,
2022–2027 (THOUSAND UNITS) 99
8.2 BELOW 10 KW 100
8.2.1 TELECOM POWER SYSTEMS BELOW 10 KW ARE MAINLY USED IN CELL TOWERS, BTS, AND BASE STATIONS FOR TELECOM TOWERS 100
8.3 10–20 KW 100
8.3.1 POWER SYSTEMS OF 10–20 KW RATING ARE PRIMARILY USED IN
5G TOWERS AND RECTIFIER MODULES 100
8.4 ABOVE 20 KW 100
8.4.1 POWER SYSTEMS ABOVE 20 KW ARE MAINLY USED IN ACCESS NETWORKS, DATA CENTERS, AND INDOOR POWER SYSTEMS 100
 
9 TELECOM POWER SYSTEM MARKET, BY POWER SOURCE 101
9.1 INTRODUCTION 102
FIGURE 38 TELECOM POWER SYSTEM MARKET FOR DIESEL-SOLAR POWER SOURCE TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 102
TABLE 28 TELECOM POWER SYSTEM MARKET, BY POWER SOURCE,
2018–2021 (USD MILLION) 102
TABLE 29 TELECOM POWER SYSTEM MARKET, BY POWER SOURCE,
2022–2027 (USD MILLION) 103
9.2 DIESEL–BATTERY POWER SOURCE 103
9.2.1 DIESEL–BATTERY POWER SOURCE IS MOST COMMON POWER SOURCE USED FOR TELECOM POWER SYSTEMS 103
TABLE 30 ADVANTAGES OF DIESEL–BATTERY POWER SOURCE 103
TABLE 31 DISADVANTAGES OF DIESEL–BATTERY POWER SOURCE 104
TABLE 32 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE, BY REGION, 2018–2021 (USD MILLION) 104
TABLE 33 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE BY REGION, 2022–2027 (USD MILLION) 105
TABLE 34 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 105
TABLE 35 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 105
TABLE 36 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 106
TABLE 37 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 106
TABLE 38 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 106
TABLE 39 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 107
TABLE 40 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN ROW, BY REGION, 2018–2021 (USD MILLION) 107
TABLE 41 TELECOM POWER SYSTEM MARKET FOR DIESEL–BATTERY POWER SOURCE IN ROW, BY REGION, 2022–2027 (USD MILLION) 107
9.3 DIESEL–SOLAR POWER SOURCE 108
9.3.1 DIESEL–SOLAR POWER SOURCE IS DESIGNED TO USE IN MORE REMOTE CELLULAR BASE STATIONS 108
TABLE 42 ADVANTAGES OF DIESEL–SOLAR POWER SOURCE 108
TABLE 43 DISADVANTAGES OF DIESEL–SOLAR POWER SOURCE 109
TABLE 44 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE,
BY REGION, 2018–2021 (USD MILLION) 109
TABLE 45 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE,
BY REGION, 2022–2027 (USD MILLION) 110
TABLE 46 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 110
TABLE 47 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 110
TABLE 48 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 111
TABLE 49 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 111
TABLE 50 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 111
TABLE 51 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 112
TABLE 52 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN ROW, BY REGION, 2018–2021 (USD MILLION) 112
TABLE 53 TELECOM POWER SYSTEM MARKET FOR DIESEL–SOLAR POWER SOURCE IN ROW, BY REGION, 2022–2027 (USD MILLION) 112
9.4 DIESEL–WIND POWER SOURCE 113
9.4.1 DIESEL–WIND POWER SYSTEMS ARE WELL SUITED IN BAD-GRID AND OFF-GRID AREAS 113
TABLE 54 ADVANTAGES OF DIESEL–WIND POWER SOURCE 113
TABLE 55 DISADVANTAGES OF DIESEL–WIND POWER SOURCE 113
TABLE 56 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE,
BY REGION, 2018–2021 (USD MILLION) 114
TABLE 57 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE,
BY REGION, 2022–2027 (USD MILLION) 114
TABLE 58 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 114
TABLE 59 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 115
TABLE 60 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 115
TABLE 61 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 115
TABLE 62 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 116
TABLE 63 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 116
TABLE 64 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN ROW, BY REGION, 2018–2021 (USD MILLION) 116
TABLE 65 TELECOM POWER SYSTEM MARKET FOR DIESEL–WIND POWER SOURCE IN ROW, BY REGION, 2022–2027 (USD MILLION) 117
9.5 MULTIPLE POWER SOURCES (DIESEL/SOLAR/WIND/BATTERY/BIOMASS) 117
9.5.1 MULTIPLE POWER SOURCES ENABLE COST-EFFECTIVE WAY OF GENERATING ELECTRICITY 117
TABLE 66 ADVANTAGES OF DIESEL–BIOMASS POWER SOURCE 118
TABLE 67 DISADVANTAGES OF DIESEL–BIOMASS POWER SOURCE 118
TABLE 68 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES,
BY REGION, 2018–2021 (USD MILLION) 118
TABLE 69 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES,
BY REGION, 2022–2027 (USD MILLION) 119
TABLE 70 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 119
TABLE 71 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 119
TABLE 72 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 120
TABLE 73 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 120
TABLE 74 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 120
TABLE 75 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 121
TABLE 76 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN ROW, BY REGION, 2018–2021 (USD MILLION) 121
TABLE 77 TELECOM POWER SYSTEM MARKET FOR MULTIPLE POWER SOURCES IN ROW, BY REGION, 2022–2027 (USD MILLION) 121
10 TELECOM POWER SYSTEM MARKET, BY TECHNOLOGY 122
10.1 INTRODUCTION 123
FIGURE 39 DC POWER SYSTEMS TO HOLD LARGER SHARE OF TELECOM POWER SYSTEM MARKET DURING FORECAST PERIOD 123
TABLE 78 TELECOM POWER SYSTEM MARKET, BY TECHNOLOGY,
2018–2021 (USD MILLION) 123
TABLE 79 TELECOM POWER SYSTEM MARKET, BY TECHNOLOGY,
2022–2027 (USD MILLION) 123
10.2 AC POWER SYSTEMS 124
10.2.1 AC POWER SYSTEMS ARE MAINLY USED FOR TESTING RF AMPLIFIERS, SATELLITES, AND DATA CENTERS 124
10.3 DC POWER SYSTEMS 124
10.3.1 DC POWER SYSTEMS ARE MAINLY USED IN TELECOM POWER SYSTEMS 124
11 GEOGRAPHIC ANALYSIS 125
11.1 INTRODUCTION 126
FIGURE 40 APAC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 126
TABLE 80 TELECOM POWER SYSTEM MARKET, BY REGION, 2018–2021 (USD MILLION) 126
TABLE 81 TELECOM POWER SYSTEM MARKET, BY REGION, 2022–2027 (USD MILLION) 127
11.2 NORTH AMERICA 127
FIGURE 41 SNAPSHOT: TELECOM POWER SYSTEM MARKET IN NORTH AMERICA 128
TABLE 82 TELECOM POWER SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD MILLION) 128
TABLE 83 TELECOM POWER SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD MILLION) 129
TABLE 84 TELECOM POWER SYSTEM MARKET IN NORTH AMERICA, BY POWER SOURCE, 2018–2021 (USD MILLION) 129
TABLE 85 TELECOM POWER SYSTEM MARKET IN NORTH AMERICA, BY POWER SOURCE, 2022–2027 (USD MILLION) 129
 
11.2.1 US 129
11.2.1.1 US held largest size of North American market in 2021 129
TABLE 86 TELECOM POWER SYSTEM MARKET IN US, BY POWER SOURCE,
2018–2021 (USD MILLION) 130
TABLE 87 TELECOM POWER SYSTEM MARKET IN US, BY POWER SOURCE,
2022–2027 (USD MILLION) 130
11.2.2 CANADA 131
11.2.2.1 Demand for telecom power systems in Canada is primarily driven by development of telecom infrastructure in rural areas 131
TABLE 88 TELECOM POWER SYSTEM MARKET IN CANADA, BY POWER SOURCE,
2018–2021 (USD MILLION) 131
TABLE 89 TELECOM POWER SYSTEM MARKET IN CANADA, BY POWER SOURCE,
2022–2027 (USD MILLION) 131
11.2.3 MEXICO 132
11.2.3.1 Mexico is estimated to be fastest-growing market in North America during forecast period 132
TABLE 90 TELECOM POWER SYSTEM MARKET IN MEXICO, BY POWER SOURCE,
2018–2021 (USD MILLION) 132
TABLE 91 TELECOM POWER SYSTEM MARKET IN MEXICO, BY POWER SOURCE,
2022–2027 (USD MILLION) 132
11.3 EUROPE 133
FIGURE 42 SNAPSHOT: TELECOM POWER SYSTEM MARKET IN EUROPE 134
TABLE 92 TELECOM POWER SYSTEM MARKET IN EUROPE, BY COUNTRY,
2018–2021 (USD MILLION) 134
TABLE 93 TELECOM POWER SYSTEM MARKET IN EUROPE, BY COUNTRY,
2022–2027 (USD MILLION) 135
TABLE 94 TELECOM POWER SYSTEM MARKET IN EUROPE, BY POWER SOURCE,
2018–2021 (USD MILLION) 135
TABLE 95 TELECOM POWER SYSTEM MARKET IN EUROPE, BY POWER SOURCE,
2022–2027 (USD MILLION) 135
11.3.1 UK 136
11.3.1.1 UK is expected to be fastest-growing market in Europe during forecast period 136
TABLE 96 TELECOM POWER SYSTEM MARKET IN UK, BY POWER SOURCE,
2018–2021 (USD MILLION) 136
TABLE 97 TELECOM POWER SYSTEM MARKET IN UK, BY POWER SOURCE,
2022–2027 (USD MILLION) 136
11.3.2 GERMANY 137
11.3.2.1 Germany held largest share of telecom power system market in Europe in 2021 137
TABLE 98 TELECOM POWER SYSTEM MARKET IN GERMANY, BY POWER SOURCE, 2018–2021 (USD MILLION) 137
TABLE 99 TELECOM POWER SYSTEM MARKET IN GERMANY, BY POWER SOURCE, 2022–2027 (USD MILLION) 137
 
11.3.3 FRANCE 138
11.3.3.1 Expected introduction of upcoming 5G technology provides significant investment opportunities for leading telecom power system providers in France 138
TABLE 100 TELECOM POWER SYSTEM MARKET IN FRANCE, BY POWER SOURCE,
2018–2021 (USD MILLION) 138
TABLE 101 TELECOM POWER SYSTEM MARKET IN FRANCE, BY POWER SOURCE,
2022–2027 (USD MILLION) 138
11.3.4 SPAIN 139
11.3.4.1 Spain has developed telecommunication services with various new technologies and innovation trends 139
TABLE 102 TELECOM POWER SYSTEM MARKET IN SPAIN, BY POWER SOURCE,
2018–2021 (USD MILLION) 139
TABLE 103 TELECOM POWER SYSTEM MARKET IN SPAIN, BY POWER SOURCE,
2022–2027 (USD MILLION) 139
11.3.5 REST OF EUROPE 140
TABLE 104 TELECOM POWER SYSTEM MARKET IN REST OF EUROPE, BY POWER SOURCE, 2018–2021 (USD MILLION) 140
TABLE 105 TELECOM POWER SYSTEM MARKET IN REST OF EUROPE, BY POWER SOURCE, 2022–2027 (USD MILLION) 140
11.4 APAC 140
FIGURE 43 SNAPSHOT: TELECOM POWER SYSTEM MARKET IN APAC 141
TABLE 106 TELECOM POWER SYSTEM MARKET IN APAC, BY COUNTRY,
2018–2021 (USD MILLION) 142
TABLE 107 TELECOM POWER SYSTEM MARKET IN APAC, BY COUNTRY,
2022–2027 (USD MILLION) 142
TABLE 108 TELECOM POWER SYSTEM MARKET IN APAC, BY POWER SOURCE,
2018–2021 (USD MILLION) 142
TABLE 109 TELECOM POWER SYSTEM MARKET IN APAC, BY POWER SOURCE,
2022–2027 (USD MILLION) 143
11.4.1 CHINA 143
11.4.1.1 China held largest share of telecom power system market in APAC
in 2021 143
TABLE 110 TELECOM POWER SYSTEM MARKET IN CHINA, BY POWER SOURCE,
2018–2021 (USD MILLION) 144
TABLE 111 TELECOM POWER SYSTEM MARKET IN CHINA, BY POWER SOURCE,
2022–2027 (USD MILLION) 144
11.4.2 JAPAN 144
11.4.2.1 Development and deployment of advanced telecom network infrastructures present opportunities for telecom power system providers in Japan 144
TABLE 112 TELECOM POWER SYSTEM MARKET IN JAPAN, BY POWER SOURCE,
2018–2021 (USD MILLION) 145
TABLE 113 TELECOM POWER SYSTEM MARKET IN JAPAN, BY POWER SOURCE,
2022–2027 (USD MILLION) 145
 
11.4.3 SOUTH KOREA 145
11.4.3.1 South Korea is among leaders in terms of development of telecom networks 145
TABLE 114 TELECOM POWER SYSTEM MARKET IN SOUTH KOREA, BY POWER SOURCE, 2018–2021 (USD MILLION) 146
TABLE 115 TELECOM POWER SYSTEM MARKET IN SOUTH KOREA, BY POWER SOURCE, 2022–2027 (USD MILLION) 146
11.4.4 INDIA 146
11.4.4.1 India is expected to be fastest-growing market during forecast period 146
TABLE 116 TELECOM POWER SYSTEM MARKET IN INDIA, BY POWER SOURCE,
2018–2021 (USD MILLION) 147
TABLE 117 TELECOM POWER SYSTEM MARKET IN INDIA, BY POWER SOURCE,
2022–2027 (USD MILLION) 147
11.4.5 AUSTRALIA & NEW ZEALAND 148
11.4.5.1 Technological advancements and telecom infrastructure developments propel growth of telecom power system market 148
TABLE 118 TELECOM POWER SYSTEM MARKET IN AUSTRALIA & NEW ZEALAND,
BY POWER SOURCE, 2018–2021 (USD MILLION) 148
TABLE 119 TELECOM POWER SYSTEM MARKET IN AUSTRALIA & NEW ZEALAND,
BY POWER SOURCE, 2022–2027 (USD MILLION) 148
11.4.6 REST OF APAC 149
TABLE 120 TELECOM POWER SYSTEM MARKET IN REST OF APAC, BY POWER SOURCE, 2018–2021 (USD MILLION) 149
TABLE 121 TELECOM POWER SYSTEM MARKET IN REST OF APAC, BY POWER SOURCE, 2022–2027 (USD MILLION) 149
11.5 ROW 150
TABLE 122 TELECOM POWER SYSTEM MARKET IN ROW, BY REGION,
2018–2021 (USD MILLION) 150
TABLE 123 TELECOM POWER SYSTEM MARKET IN ROW, BY REGION,
2022–2027 (USD MILLION) 150
TABLE 124 TELECOM POWER SYSTEM MARKET IN ROW, BY POWER SOURCE,
2018–2021 (USD MILLION) 150
TABLE 125 TELECOM POWER SYSTEM MARKET IN ROW, BY POWER SOURCE,
2022–2027 (USD MILLION) 151
11.5.1 MIDDLE EAST AND AFRICA 151
11.5.1.1 Middle East and Africa are expected to witness higher growth of market in RoW during forecast period 151
TABLE 126 TELECOM POWER SYSTEM MARKET IN MIDDLE EAST AND AFRICA,
BY POWER SOURCE, 2018–2021 (USD MILLION) 152
TABLE 127 TELECOM POWER SYSTEM MARKET IN MIDDLE EAST AND AFRICA,
BY POWER SOURCE, 2022–2027 (USD MILLION) 152
11.5.2 SOUTH AMERICA 152
11.5.2.1 Deployment of telecom infrastructures in rural areas propels growth of market in South America 152
TABLE 128 TELECOM POWER SYSTEM MARKET IN SOUTH AMERICA, BY POWER SOURCE, 2018–2021 (USD MILLION) 153
TABLE 129 TELECOM POWER SYSTEM MARKET IN SOUTH AMERICA, BY POWER SOURCE, 2022–2027 (USD MILLION) 153
12 COMPETITIVE LANDSCAPE 154
12.1 OVERVIEW 154
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 154
TABLE 130 OVERVIEW OF STRATEGIES DEPLOYED BY KEY MARKET PLAYERS 154
12.2.1 PRODUCT PORTFOLIO 156
12.2.2 REGIONAL FOCUS 156
12.2.3 MANUFACTURING FOOTPRINT 156
12.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES 156
12.3 MARKET SHARE ANALYSIS: TELECOM POWER SYSTEM MARKET, 2021 157
TABLE 131 TELECOM POWER SYSTEM MARKET: DEGREE OF COMPETITION, 2021 157
12.4 5-YEAR COMPANY REVENUE ANALYSIS 158
FIGURE 44 5-YEAR REVENUE ANALYSIS OF TOP FIVE PLAYERS IN TELECOM POWER SYSTEM MARKET 158
12.5 COMPANY EVALUATION QUADRANT 158
12.5.1 STAR 158
12.5.2 EMERGING LEADER 158
12.5.3 PERVASIVE 159
12.5.4 PARTICIPANT 159
FIGURE 45 TELECOM POWER SYSTEM COMPANY EVALUATION QUADRANT, 2021 159
12.5.5 COMPANY FOOTPRINT 160
TABLE 132 OVERALL COMPANY FOOTPRINT 160
TABLE 133 FOOTPRINT OF DIFFERENT COMPANIES FOR VARIOUS POWER SOURCES 161
TABLE 134 FOOTPRINT OF DIFFERENT COMPANIES FOR VARIOUS COMPONENTS 162
TABLE 135 FOOTPRINT OF DIFFERENT COMPANIES FOR VARIOUS REGIONS 163
12.6 START-UP/SME EVALUATION MATRIX 164
TABLE 136 LIST OF START-UPS IN TELECOM POWER SYSTEM MARKET 164
12.6.1 PROGRESSIVE COMPANIES 165
12.6.2 RESPONSIVE COMPANIES 165
12.6.3 DYNAMIC COMPANIES 165
12.6.4 STARTING BLOCKS 165
FIGURE 46 TELECOM POWER SYSTEM MARKET, STARTUP/SME EVALUATION MATRIX, 2021 166
12.7 COMPETITIVE SITUATIONS AND TRENDS 167
12.7.1 PRODUCT LAUNCHES 167
TABLE 137 PRODUCT LAUNCHES, 2020–2022 167
12.7.2 DEALS 173
TABLE 138 DEALS, 2020–2022 173
 
13 COMPANY PROFILES 175
13.1 INTRODUCTION 175
(Business overview, Products/solutions/services offered, Recent developments & MnM View)*
13.2 KEY PLAYERS 175
13.2.1 EATON 175
TABLE 139 EATON: COMPANY SNAPSHOT 176
FIGURE 47 EATON: COMPANY SNAPSHOT 176
13.2.2 HUAWEI TECHNOLOGIES 182
TABLE 140 HUAWEI TECHNOLOGIES: COMPANY SNAPSHOT 182
FIGURE 48 HUAWEI TECHNOLOGIES: COMPANY SNAPSHOT 183
13.2.3 CUMMINS 188
TABLE 141 CUMMINS: COMPANY SNAPSHOT 188
FIGURE 49 CUMMINS: COMPANY SNAPSHOT 189
13.2.4 ZTE CORPORATION 192
TABLE 142 ZTE CORPORATION: COMPANY SNAPSHOT 192
FIGURE 50 ZTE CORPORATION: COMPANY SNAPSHOT 193
13.2.5 GENERAL ELECTRIC 197
TABLE 143 GENERAL ELECTRIC: COMPANY SNAPSHOT 197
FIGURE 51 GENERAL ELECTRIC: COMPANY SNAPSHOT 198
13.2.6 SCHNEIDER ELECTRIC 201
TABLE 144 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 201
FIGURE 52 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 202
13.2.7 ALPHA TECHNOLOGIES 205
TABLE 145 ALPHA TECHNOLOGIES: COMPANY SNAPSHOT 205
13.2.8 DELTA ELECTRONICS 207
TABLE 146 DELTA ELECTRONICS: COMPANY SNAPSHOT 207
FIGURE 53 DELTA ELECTRONICS: COMPANY SNAPSHOT 208
13.2.9 ABB 210
TABLE 147 ABB: COMPANY SNAPSHOT 210
FIGURE 54 ABB: COMPANY SNAPSHOT 211
*Details on Business overview, Products/solutions/services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
13.3 OTHER PLAYERS 214
13.3.1 ASCOT INDUSTRIAL 214
TABLE 148 ASCOT INDUSTRIAL: COMPANY SNAPSHOT 214
13.3.2 UNIPOWER 215
TABLE 149 UNIPOWER: COMPANY SNAPSHOT 215
13.3.3 DYNAMIC POWER GROUP 216
TABLE 150 DYNAMIC POWER GROUP: COMPANY SNAPSHOT 216
13.3.4 EFORE 217
TABLE 151 EFORE: COMPANY SNAPSHOT 217
13.3.5 HANGZHOU ZHONGHENG POWER ENERGY 217
TABLE 152 HANGZHOU ZHONHENG POWER ENERGY: COMPANY SNAPSHOT 217
13.3.6 MYERS POWER PRODUCTS 218
TABLE 153 MYERS POWER PRODUCTS: COMPANY SNAPSHOT 218
13.3.7 STATICON 219
TABLE 154 STATICON: COMPANY SNAPSHOT 219
13.3.8 VERTIV GROUP 220
TABLE 155 VERTIV GROUP: COMPANY SNAPSHOT 220
13.3.9 VOLTSERVER 221
TABLE 156 VOLTSERVER: COMPANY SNAPSHOT 221
13.3.10 JMA WIRELESS 221
TABLE 157 JMA WIRELESS: COMPANY SNAPSHOT 221
13.3.11 CORNING INCORPORATED 222
TABLE 158 CORNING INCORPORATED: COMPANY SNAPSHOT 222
14 APPENDIX 223
14.1 DISCUSSION GUIDE 223
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 226
14.3 AVAILABLE CUSTOMIZATION 228
14.4 RELATED REPORTS 228
14.5 AUTHOR DETAILS 229

Smart Lock Market with COVID-19 Impact by Lock Type (Deadbolt Locks, Lever Handles), Communication Protocol (Bluetooth, WiFi), Unlocking Mechanism (Ke...

Publisher:        MarketsandMarkets

# of Pages:        184

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Publication Date:  March, 2022

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1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 MARKET DEFINITION AND SCOPE 25
1.2.1 INCLUSIONS AND EXCLUSIONS 26
1.3 STUDY SCOPE 26
1.3.1 MARKETS COVERED 26
1.3.2 GEOGRAPHIC SCOPE 27
1.3.3 YEARS CONSIDERED 27
1.4 CURRENCY 27
1.5 MARKET STAKEHOLDERS 28
1.6 SUMMARY OF CHANGES 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
FIGURE 1 SMART LOCK MARKET: RESEARCH DESIGN 29
2.1.1 SECONDARY DATA 30
2.1.1.1 List of major secondary sources 30
2.1.1.2 Secondary sources 30
2.1.2 PRIMARY DATA 31
2.1.2.1 Primary Expert Interviews 31
2.1.2.2 Key data from primary sources 32
2.1.2.3 Key industry insights 32
2.1.2.4 Breakdown of primaries 33
2.1.3 SECONDARY AND PRIMARY RESEARCH 34
2.2 MARKET SIZE ESTIMATION 35
FIGURE 2 PROCESS FLOW 35
2.2.1 BOTTOM-UP APPROACH 35
2.2.1.1 Approach for calculating market share through bottom-up analysis (demand side) 35
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 36
2.2.2 TOP-DOWN APPROACH 36
2.2.2.1 Approach for calculating market share through top-down analysis (supply side) 37
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 37
2.3 MARKET RANKING ESTIMATION 37
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 38
FIGURE 5 MARKET BREAKDOWN AND DATA TRIANGULATION 38
2.5 RESEARCH ASSUMPTIONS 39
3 EXECUTIVE SUMMARY 40
FIGURE 6 DEADBOLT LOCKS SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 41
FIGURE 7 WI-FI COMMUNICATION PROTOCOL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 41
FIGURE 8 KEYPAD UNLOCKING MECHANISM SEGMENT TO HOLD LARGEST SHARE OF SMART LOCK MARKET IN 2027 42
FIGURE 9 RESIDENTIAL VERTICAL TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 42
FIGURE 10 SMART LOCK MARKET IN APAC TO REGISTER HIGHEST CAGR BETWEEN
2022 AND 2027 43
4 PREMIUM INSIGHTS 44
4.1 ATTRACTIVE OPPORTUNITIES IN SMART LOCK MARKET 44
FIGURE 11 RISING DEMAND FOR INTERNET-BASED SECURITY SOLUTIONS TO DRIVE GROWTH OF SMART LOCK MARKET 44
4.2 SMART LOCK MARKET IN NORTH AMERICA, BY COUNTRY AND VERTICAL 44
FIGURE 12 US AND RESIDENTIAL VERTICAL TO DOMINATE NORTH AMERICAN SMART LOCK MARKET DURING FORECAST PERIOD 44
4.3 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY LOCK TYPE 45
FIGURE 13 SMART LOCK MARKET FOR DEADBOLT LOCKS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 45
4.4 SMART LOCK MARKET, BY COUNTRY 45
FIGURE 14 CHINA TO ACCOUNT FOR HIGHEST GROWTH RATE IN GLOBAL SMART LOCK MARKET IN 2022 45
5 MARKET OVERVIEW 46
5.1 INTRODUCTION 46
5.2 MARKET DYNAMICS 46
FIGURE 15 SMART LOCK MARKET DYNAMICS 46
FIGURE 16 DRIVERS AND THEIR IMPACT ON SMART LOCK MARKET 47
FIGURE 17 OPPORTUNITIES AND THEIR IMPACT ON SMART LOCK MARKET 48
FIGURE 18 RESTRAINTS & CHALLENGES AND THEIR IMPACT ON SMART LOCK MARKET 49
5.2.1 DRIVERS 49
5.2.1.1 Growing security concerns 49
5.2.1.2 Enhanced features compared with traditional lock systems 50
5.2.1.3 Rising adoption of smartphones and other connected devices 50
5.2.2 RESTRAINTS 50
5.2.2.1 High cost and perception of unreliability 50
5.2.2.2 Lack of awareness among customers 51
5.2.3 OPPORTUNITIES 51
5.2.3.1 Increasing adoption of IoT-based security systems 51
5.2.3.2 Rapid urbanization in emerging nations 51
5.2.3.3 Global proliferation of smart cities 52
5.2.4 CHALLENGES 52
5.2.4.1 Risk of cyberattacks through smart devices and IoT-enabled devices 52
5.3 VALUE CHAIN ANALYSIS 52
FIGURE 19 VALUE CHAIN ANALYSIS: MAJOR VALUE ADDED BY RAW MATERIAL SUPPLIERS AND ORIGINAL EQUIPMENT MANUFACTURERS 53
5.4 SMART LOCK MARKET ECOSYSTEM 54
FIGURE 20 SMART LOCK MARKET ECOSYSTEM 54
6 SMART LOCK MARKET, BY LOCK TYPE 55
6.1 INTRODUCTION 56
FIGURE 21 DEADBOLT LOCKS SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 56
TABLE 1 SMART LOCK MARKET, BY LOCK TYPE, 2018–2021 (USD MILLION) 56
TABLE 2 SMART LOCK MARKET, BY LOCK TYPE, 2022–2027 (USD MILLION) 57
TABLE 3 SMART LOCK MARKET, BY LOCK TYPE, 2018–2021 (MILLION UNITS) 57
TABLE 4 SMART LOCK MARKET, BY LOCK TYPE, 2022–2027 (MILLION UNITS) 58
6.2 DEADBOLT LOCKS 58
6.2.1 INCREASING DEPLOYMENT OF DEADBOLT LOCKS IN RESIDENTIAL SECTOR TO DRIVE MARKET GROWTH 58
FIGURE 22 RESIDENTIAL VERTICAL TO HOLD LARGEST SHARE OF SMART LOCK MARKET FOR DEADBOLTS DURING FORECAST PERIOD 59
TABLE 5 SMART LOCK MARKET FOR DEADBOLT LOCKS, BY VERTICAL,
2018–2021 (USD MILLION) 59
TABLE 6 SMART LOCK MARKET FOR DEADBOLT LOCKS, BY VERTICAL,
2022–2027 (USD MILLION) 59
6.3 LEVER HANDLES 60
6.3.1 CONVENIENT STRUCTURE AND THEIR COMPLIANCE WITH US DISABILITIES ACT 1990 TO FUEL DEMAND FOR LEVER HANDLES 60
TABLE 7 SMART LOCK MARKET FOR LEVER HANDLES, BY VERTICAL,
2018–2021 (USD MILLION) 60
TABLE 8 SMART LOCK MARKET FOR LEVER HANDLES, BY VERTICAL,
2022–2027 (USD MILLION) 60
6.4 SERVER LOCKS AND LATCHES 61
6.4.1 RISING CONCERNS REGARDING CYBERATTACKS TO FUEL DEMAND FOR SERVER LOCKS AND LATCHES 61
TABLE 9 SMART LOCK MARKET FOR SERVER LOCKS AND LATCHES, BY VERTICAL, 2018–2021 (USD MILLION) 61
TABLE 10 SMART LOCK MARKET FOR SERVER LOCKS AND LATCHES, BY VERTICAL, 2022–2027 (USD MILLION) 61
6.5 KNOB LOCKS 62
6.5.1 GROWING USE OF KNOB LOCKS WITH DEADBOLTS ON EXTERIOR DOORS IN RESIDENTIAL SECTOR TO DRIVE MARKET GROWTH 62
TABLE 11 SMART LOCK MARKET FOR KNOB LOCKS, BY VERTICAL,
2018–2021 (USD MILLION) 62
TABLE 12 SMART LOCK MARKET FOR KNOB LOCKS, BY VERTICAL,
2022–2027 (USD MILLION) 62
6.6 OTHERS 63
TABLE 13 SMART LOCK MARKET FOR OTHERS, BY VERTICAL,
2018–2021 (USD MILLION) 63
TABLE 14 SMART LOCK MARKET FOR OTHERS, BY VERTICAL,
2022–2027 (USD MILLION) 63
7 SMART LOCK MARKET, BY COMMUNICATION PROTOCOL 64
7.1 INTRODUCTION 65
FIGURE 23 WI-FI COMMUNICATION PROTOCOL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 65
TABLE 15 SMART LOCK MARKET, BY COMMUNICATION PROTOCOL,
2018–2021 (USD MILLION) 65
TABLE 16 SMART LOCK MARKET, BY COMMUNICATION PROTOCOL,
2022–2027 (USD MILLION) 66
7.2 WI-FI 66
7.2.1 CONNECTIVITY BENEFITS OFFERED BY WI-FI TO DRIVE MARKET GROWTH 66
7.3 BLUETOOTH 67
7.3.1 WIDE RANGE, LOW POWER CONSUMPTION, AND HIGH RELIABILITY AND BANDWIDTH FEATURES TO FUEL MARKET GROWTH 67
7.4 Z-WAVE 67
7.4.1 GROWING POPULARITY OF RELIABILITY AND HIGH-SPEED FEATURES OF Z-WAVE TO DRIVE MARKET GROWTH 67
7.5 OTHERS 67
7.5.1 ZIGBEE 67
7.5.2 THREAD 67
7.5.3 NFC 67
8 SMART LOCK MARKET, BY UNLOCKING MECHANISM 68
8.1 INTRODUCTION 69
FIGURE 24 KEYPAD UNLOCKING MECHANISM SEGMENT TO HOLD LARGEST SHARE OF SMART LOCK MARKET IN 2027 69
TABLE 17 SMART LOCK MARKET, BY UNLOCKING MECHANISM,
2018–2021 (USD MILLION) 69
TABLE 18 SMART LOCK MARKET, BY UNLOCKING MECHANISM,
2022–2027 (USD MILLION) 70
8.2 KEYPAD 70
8.2.1 INTEGRATION OF KEYPADS WITH ACCESS CONTROL SYSTEMS TO DRIVE MARKET GROWTH 70
8.3 CARD KEY 71
8.3.1 GROWING USE OF RADIO FREQUENCY IDENTIFICATION (RFID) MAGNETIC DOOR LOCKS IN COMMERCIAL OFFICE BUILDINGS TO DRIVE MARKET GROWTH 71
8.3.1.1 Low frequency 71
8.3.1.2 High frequency 71
8.3.1.3 Ultra-high frequency 71
 
8.4 TOUCH BASED 72
8.4.1 GROWING ADOPTION OF AUTOMATED FINGERPRINT IDENTIFICATION SYSTEMS (AFISS) TO FUEL DEMAND FOR FINGERPRINT RECOGNITION SOLUTIONS USED IN SMART LOCK MECHANISM 72
8.5 KEY FOBS 73
8.5.1 RISE IN REPLACEMENT OF OLD METAL KEY SYSTEMS WITH ELECTRONIC FOB SYSTEMS TO DRIVE MARKET GROWTH 73
8.6 SMARTPHONE BASED 73
8.6.1 GROWING ADOPTION OF SMART HOMES TO INCREASE DEMAND FOR SMARTPHONE-BASED DOOR LOCKING SYSTEMS 73
9 SMART LOCK MARKET, BY VERTICAL 74
9.1 INTRODUCTION 75
FIGURE 25 RESIDENTIAL VERTICAL TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 75
TABLE 19 SMART LOCK MARKET, BY VERTICAL, 2018–2021 (USD MILLION) 75
TABLE 20 SMART LOCK MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 76
9.2 COMMERCIAL 76
9.2.1 HOSPITALITY 76
9.2.1.1 Increasing adoption of smart locks in hotels, vacation rental properties, resorts, casinos, and cruise ships to boost market growth 76
9.2.2 RETAIL STORES AND MALLS 77
9.2.2.1 Retail stores and malls segment to witness healthy growth in smart lock market 77
9.2.3 HEALTHCARE 77
9.2.3.1 Growing use of smart locks in healthcare sector to ensure access only to authorized users to boost market growth 77
9.2.4 BANKS AND FINANCIAL CENTRES 77
9.2.4.1 Increasing trend of biometric and multifactor authentication in banking and financial institutions to drive market growth 77
9.2.5 ENTERPRISES AND DATA CENTRES 78
9.2.5.1 Rising demand for security smart cards and biometric access systems to prevent minor security risks in enterprises to drive market growth 78
TABLE 21 SMART LOCK MARKET, BY COMMERCIAL VERTICAL,
2018–2021 (USD MILLION) 78
TABLE 22 SMART LOCK MARKET, BY COMMERCIAL VERTICAL,
2022–2027 (USD MILLION) 78
TABLE 23 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 79
TABLE 24 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 79
TABLE 25 NORTH AMERICA: SMART LOCK MARKET FOR COMMERCIAL VERTICAL,
BY COUNTRY, 2018–2021 (USD MILLION) 79
TABLE 26 NORTH AMERICA: SMART LOCK MARKET FOR COMMERCIAL VERTICAL,
BY COUNTRY, 2022–2027 (USD MILLION) 80
TABLE 27 EUROPE: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 80
TABLE 28 EUROPE: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 80
TABLE 29 APAC: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 81
TABLE 30 APAC: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 81
TABLE 31 ROW: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY REGION, 2018–2021 (USD MILLION) 81
TABLE 32 ROW: SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY REGION, 2022–2027 (USD MILLION) 82
TABLE 33 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY LOCK TYPE,
2018–2021 (USD MILLION) 82
TABLE 34 SMART LOCK MARKET FOR COMMERCIAL VERTICAL, BY LOCK TYPE,
2022–2027 (USD MILLION) 82
9.3 RESIDENTIAL 83
9.3.1 CONDOMINIUM 83
9.3.1.1 Growing use of smart locks in condominiums or multi-family apartments to prevent invasion, unauthorized access, theft, and burglary to drive market growth 83
9.3.2 INDIVIDUAL HOUSES 83
9.3.2.1 Rising adoption of smart locks by individual house owners to ensure security and safety to drive market growth 83
FIGURE 26 CONDOMINIUM SEGMENT TO HOLD LARGER SHARE OF SMART LOCK MARKET FOR RESIDENTIAL VERTICAL DURING FORECAST PERIOD 83
TABLE 35 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL,
2018–2021 (USD MILLION) 84
TABLE 36 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL,
2022–2027 (USD MILLION) 84
FIGURE 27 APAC TO REGISTER HIGHEST CAGR IN SMART LOCK FOR RESIDENTIAL VERTICAL DURING FORECAST PERIOD 84
TABLE 37 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 85
TABLE 38 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 85
TABLE 39 NORTH AMERICA: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL,
BY COUNTRY, 2018–2021 (USD MILLION) 85
TABLE 40 NORTH AMERICA: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL,
BY COUNTRY, 2022–2027 (USD MILLION) 86
TABLE 41 EUROPE: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 86
TABLE 42 EUROPE: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 86
TABLE 43 APAC: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 87
TABLE 44 APAC: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 87
TABLE 45 ROW: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 87
TABLE 46 ROW: SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 88
TABLE 47 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY LOCK TYPE,
2018–2021 (USD MILLION) 88
TABLE 48 SMART LOCK MARKET FOR RESIDENTIAL VERTICAL, BY LOCK TYPE,
2022–2027 (USD MILLION) 88
9.4 INSTITUTIONAL & GOVERNMENT 89
9.4.1 INCREASING DEMAND FOR SMART LOCKS IN GOVERNMENT VERTICAL TO RESTRICT UNAUTHORIZED ENTRIES TO DRIVE MARKET GROWTH 89
TABLE 49 SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL,
BY REGION, 2018–2021 (USD MILLION) 89
TABLE 50 SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL,
BY REGION, 2022–2027 (USD MILLION) 89
TABLE 51 NORTH AMERICA: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 90
TABLE 52 NORTH AMERICA: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 90
TABLE 53 EUROPE: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 90
TABLE 54 EUROPE: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 91
TABLE 55 APAC: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 91
TABLE 56 APAC: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 91
TABLE 57 ROW: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY REGION, 2018–2021 (USD MILLION) 92
TABLE 58 ROW: SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL, BY REGION, 2022–2027 (USD MILLION) 92
TABLE 59 SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL,
BY LOCK TYPE, 2018–2021 (USD MILLION) 92
TABLE 60 SMART LOCK MARKET FOR INSTITUTIONAL & GOVERNMENT VERTICAL,
BY LOCK TYPE, 2022–2027 (USD MILLION) 93
9.5 TRANSPORTATION & LOGISTICS 93
9.5.1 RISING ADOPTION OF BIOMETRICS-BASED ACCESS CONTROL USING SMART LOCKS BY AIRPORT OPERATORS TO DRIVE MARKET GROWTH 93
TABLE 61 SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL,
BY REGION, 2018–2021 (USD MILLION) 93
TABLE 62 SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL,
BY REGION, 2022–2027 (USD MILLION) 94
TABLE 63 NORTH AMERICA: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 94
TABLE 64 NORTH AMERICA: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 94
TABLE 65 EUROPE: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 95
TABLE 66 EUROPE: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 95
TABLE 67 APAC: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 95
TABLE 68 APAC: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 96
TABLE 69 ROW: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY REGION, 2018–2021 (USD MILLION) 96
TABLE 70 ROW: SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL, BY REGION, 2022–2027 (USD MILLION) 96
TABLE 71 SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL,
BY LOCK TYPE, 2018–2021 (USD MILLION) 97
TABLE 72 SMART LOCK MARKET FOR TRANSPORTATION & LOGISTICS VERTICAL,
BY LOCK TYPE, 2022–2027 (USD MILLION) 97
9.6 INDUSTRIAL 98
9.6.1 MANUFACTURING 98
9.6.1.1 Increased need for protecting people and properties across manufacturing sites to create growth opportunities for market players 98
9.6.2 OIL & GAS 98
9.6.2.1 Ability of smart locks to provide suitable and enhanced security to fuel their demand in oil & gas vertical 98
9.6.3 ENERGY & POWER 98
9.6.3.1 Rising demand for smart locks in energy and power vertical to prevent unauthorized access to drive market growth 98
TABLE 73 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL,
2018–2021 (USD MILLION) 98
TABLE 74 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL,
2022–2027 (USD MILLION) 99
TABLE 75 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 99
TABLE 76 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 99
TABLE 77 NORTH AMERICA: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL,
BY COUNTRY, 2018–2021 (USD MILLION) 100
TABLE 78 NORTH AMERICA: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL,
BY COUNTRY, 2022–2027 (USD MILLION) 100
TABLE 79 EUROPE: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 100
TABLE 80 EUROPE: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 101
TABLE 81 APAC: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY COUNTRY, 2018–2021 (USD MILLION) 101
TABLE 82 APAC: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY COUNTRY, 2022–2027 (USD MILLION) 101
TABLE 83 ROW: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY REGION,
2018–2021 (USD MILLION) 102
TABLE 84 ROW: SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY REGION,
2022–2027 (USD MILLION) 102
TABLE 85 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY LOCK TYPE,
2018–2021 (USD MILLION) 102
TABLE 86 SMART LOCK MARKET FOR INDUSTRIAL VERTICAL, BY LOCK TYPE,
2022–2027 (USD MILLION) 103
10 SMART LOCK MARKET, BY REGION 104
10.1 INTRODUCTION 105
FIGURE 28 APAC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 105
TABLE 87 SMART LOCK MARKET, BY REGION, 2018–2021 (USD MILLION) 105
TABLE 88 SMART LOCK MARKET, BY REGION, 2022–2027 (USD MILLION) 106
10.2 NORTH AMERICA 106
FIGURE 29 NORTH AMERICA MARKET SNAPSHOT 107
TABLE 89 SMART LOCK MARKET IN NORTH AMERICA, BY COUNTRY,
2018–2021 (USD MILLION) 107
TABLE 90 SMART LOCK MARKET IN NORTH AMERICA, BY COUNTRY,
2022–2027 (USD MILLION) 108
TABLE 91 SMART LOCK MARKET IN NORTH AMERICA, BY VERTICAL,
2018–2021 (USD MILLION) 108
TABLE 92 SMART LOCK MARKET IN NORTH AMERICA, BY VERTICAL,
2022–2027 (USD MILLION) 108
TABLE 93 SMART LOCK MARKET IN US, BY VERTICAL, 2018–2021 (USD MILLION) 109
TABLE 94 SMART LOCK MARKET IN US, BY VERTICAL, 2022–2027 (USD MILLION) 109
TABLE 95 SMART LOCK MARKET IN CANADA, BY VERTICAL, 2018–2021 (USD MILLION) 109
TABLE 96 SMART LOCK MARKET IN CANADA, BY VERTICAL, 2022–2027 (USD MILLION) 110
TABLE 97 SMART LOCK MARKET IN MEXICO, BY VERTICAL, 2018–2021 (USD MILLION) 110
TABLE 98 SMART LOCK MARKET IN MEXICO, BY VERTICAL, 2022–2027 (USD MILLION) 110
10.2.1 US 111
10.2.1.1 US to hold largest share of North American smart lock market 111
10.2.2 CANADA 111
10.2.2.1 Growing awareness regarding internet-based safety and security to drive growth of smart lock market in Canada 111
10.2.3 MEXICO 111
10.2.3.1 Mexico to be lucrative market for smart locks 111
10.3 EUROPE 111
FIGURE 30 EUROPE MARKET SNAPSHOT 112
TABLE 99 SMART LOCK MARKET IN EUROPE, BY COUNTRY, 2018–2021 (USD MILLION) 112
TABLE 100 SMART LOCK MARKET IN EUROPE, BY COUNTRY, 2022–2027 (USD MILLION) 113
TABLE 101 SMART LOCK MARKET IN EUROPE, BY VERTICAL, 2018–2021 (USD MILLION) 113
TABLE 102 SMART LOCK MARKET IN EUROPE, BY VERTICAL, 2022–2027 (USD MILLION) 113
TABLE 103 SMART LOCK MARKET IN UK, BY VERTICAL, 2018–2021 (USD MILLION) 114
TABLE 104 SMART LOCK MARKET IN UK, BY VERTICAL, 2022–2027 (USD MILLION) 114
TABLE 105 SMART LOCK MARKET IN GERMANY, BY VERTICAL,
2018–2021 (USD MILLION) 114
TABLE 106 SMART LOCK MARKET IN GERMANY, BY VERTICAL,
2022–2027 (USD MILLION) 115
TABLE 107 SMART LOCK MARKET IN FRANCE, BY VERTICAL, 2018–2021 (USD MILLION) 115
TABLE 108 SMART LOCK MARKET IN FRANCE, BY VERTICAL, 2022–2027 (USD MILLION) 115
TABLE 109 SMART LOCK MARKET IN REST OF EUROPE, BY VERTICAL,
2018–2021 (USD MILLION) 116
TABLE 110 SMART LOCK MARKET IN REST OF EUROPE, BY VERTICAL,
2022–2027 (USD MILLION) 116
10.3.1 UK 116
10.3.1.1 Decline in cost of mobile broadband connection and increasing adoption of cloud infrastructure to boost demand for smart locks in UK 116
10.3.2 GERMANY 117
10.3.2.1 Growing adoption of internet-based security systems in various applications to drive market growth in Germany 117
10.3.3 FRANCE 117
10.3.3.1 Growing awareness regarding internet-based home security solutions and rising adoption of wireless portable consumer electronics to drive market growth in France 117
10.3.4 REST OF EUROPE 117
10.4 APAC 117
FIGURE 31 APAC MARKET SNAPSHOT 118
FIGURE 32 CHINA TO HOLD LARGEST SHARE OF APAC SMART LOCK MARKET DURING FORECAST PERIOD 119
TABLE 111 SMART LOCK MARKET IN APAC, BY COUNTRY, 2018–2021 (USD MILLION) 119
TABLE 112 SMART LOCK MARKET IN APAC, BY COUNTRY, 2022–2027 (USD MILLION) 119
TABLE 113 SMART LOCK MARKET IN APAC, BY VERTICAL, 2018–2021 (USD MILLION) 120
TABLE 114 SMART LOCK MARKET IN APAC, BY VERTICAL, 2022–2027 (USD MILLION) 120
TABLE 115 SMART LOCK MARKET IN CHINA, BY VERTICAL, 2018–2021 (USD MILLION) 120
TABLE 116 SMART LOCK MARKET IN CHINA, BY VERTICAL, 2022–2027 (USD MILLION) 121
TABLE 117 SMART LOCK MARKET IN JAPAN, BY VERTICAL, 2018–2021 (USD MILLION) 121
TABLE 118 SMART LOCK MARKET IN JAPAN, BY VERTICAL, 2022–2027 (USD MILLION) 121
TABLE 119 SMART LOCK MARKET IN SOUTH KOREA, BY VERTICAL,
2018–2021 (USD MILLION) 122
TABLE 120 SMART LOCK MARKET IN SOUTH KOREA, BY VERTICAL,
2022–2027 (USD MILLION) 122
TABLE 121 SMART LOCK MARKET IN INDIA, BY VERTICAL, 2018–2021 (USD MILLION) 122
TABLE 122 SMART LOCK MARKET IN INDIA, BY VERTICAL, 2022–2027 (USD MILLION) 123
TABLE 123 SMART LOCK MARKET IN REST OF APAC, BY VERTICAL,
2018–2021 (USD MILLION) 123
TABLE 124 SMART LOCK MARKET IN REST OF APAC, BY VERTICAL,
2022–2027 (USD MILLION) 123
10.4.1 CHINA 124
10.4.1.1 Increasing industrialization to fuel demand for smart lock systems in China 124
10.4.2 JAPAN 124
10.4.2.1 Rapid industrialization and modernization to create lucrative opportunities for market players in Japan 124
10.4.3 SOUTH KOREA 124
10.4.3.1 Rising demand for remotely managed and connected security devices to drive market growth in South Korea 124
10.4.4 INDIA 125
10.4.4.1 Rise in terrorist activities, crime rate, and data and security breaches to fuel demand for security and safety systems 125
10.4.5 REST OF APAC 125
10.5 ROW 125
TABLE 125 SMART LOCK MARKET IN ROW, BY COUNTRY, 2018–2021 (USD MILLION) 125
TABLE 126 SMART LOCK MARKET IN ROW, BY COUNTRY, 2022–2027 (USD MILLION) 126
TABLE 127 SMART LOCK MARKET IN ROW, BY VERTICAL, 2018–2021 (USD MILLION) 126
TABLE 128 SMART LOCK MARKET IN ROW, BY VERTICAL, 2022–2027 (USD MILLION) 126
TABLE 129 SMART LOCK MARKET IN MIDDLE EAST & AFRICA, BY VERTICAL,
2018–2021 (USD MILLION) 127
TABLE 130 SMART LOCK MARKET IN MIDDLE EAST & AFRICA, BY VERTICAL,
2022–2027 (USD MILLION) 127
TABLE 131 SMART LOCK MARKET IN SOUTH AMERICA, BY VERTICAL,
2018–2021 (USD MILLION) 127
TABLE 132 SMART LOCK MARKET IN SOUTH AMERICA, BY VERTICAL,
2022–2027 (USD MILLION) 128
10.5.1 MIDDLE EAST & AFRICA 128
10.5.1.1 Rising urbanization and increased adoption of IoT-based solutions to boost market growth 128
10.5.2 SOUTH AMERICA 128
10.5.2.1 Growing industrialization to create lucrative opportunities for players in South American market 128
11 COMPETITIVE LANDSCAPE 129
11.1 OVERVIEW 129
11.2 MARKET EVALUATION FRAMEWORK 129
TABLE 133 OVERVIEW OF STRATEGIES DEPLOYED BY KEY SMART LOCK PROVIDERS 129
11.2.1 PRODUCT PORTFOLIO 130
11.2.2 REGIONAL FOCUS 130
11.2.3 MANUFACTURING FOOTPRINT 130
11.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES 130
11.3 REVENUE ANALYSIS OF LEADING PLAYERS (2017–2021) 130
FIGURE 33 5-YEAR REVENUE ANALYSIS OF LEADING PLAYERS IN SMART LOCK MARKET 130
11.4 MARKET SHARE ANALYSIS: SMART LOCK MARKET, 2021 131
TABLE 134 DEGREE OF COMPETITION 131
11.5 COMPANY EVALUATION MATRIX 132
11.5.1 STAR 132
11.5.2 EMERGING LEADER 132
11.5.3 PERVASIVE 132
11.5.4 PARTICIPANT 132
FIGURE 34 COMPANY EVALUATION MATRIX, 2021 133
11.6 COMPETITIVE SITUATIONS AND TRENDS 134
11.6.1 PRODUCT LAUNCHES 134
TABLE 135 PRODUCT LAUNCHES, JANUARY 2020–NOVEMBER 2021 134
11.6.2 DEALS 135
TABLE 136 DEALS, JANUARY 2020–FEBRUARY 2022 135
12 COMPANY PROFILES 139
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
12.1 INTRODUCTION 139
12.2 KEY PLAYERS 139
12.2.1 ASSA ABLOY 139
TABLE 137 ASSA ABLOY: BUSINESS OVERVIEW 139
FIGURE 35 ASSA ABLOY: COMPANY SNAPSHOT 140
TABLE 138 ASSA ABLOY: PRODUCT/SOLUTION/SERVICE OFFERINGS 141
TABLE 139 ASSA ABLOY: DEALS 141
12.2.2 DORMAKABA 144
TABLE 140 DORMAKBA: BUSINESS OVERVIEW 144
FIGURE 36 DORMAKABA: COMPANY SNAPSHOT 145
TABLE 141 DORMAKABA: PRODUCT/SOLUTION/SERVICE OFFERINGS 145
TABLE 142 DORMAKABA: DEALS 146
TABLE 143 DORMAKABA: OTHERS 147
12.2.3 SPECTRUM BRANDS 148
TABLE 144 SPECTRUM BRANDS: BUSINESS OVERVIEW 148
FIGURE 37 SPECTRUM BRANDS: COMPANY SNAPSHOT 149
TABLE 145 SPECTRUM BRANDS: PRODUCT/SOLUTION/SERVICE OFFERINGS 149
TABLE 146 SPECTRUM BRANDS: PRODUCT LAUNCHES 150
12.2.4 SALTO SYSTEMS 152
TABLE 147 SALTO SYSTEMS: BUSINESS OVERVIEW 152
TABLE 148 SALTO SYSTEMS: PRODUCT/SOLUTION/SERVICE OFFERINGS 152
TABLE 149 SALTO SYSTEMS: PRODUCT LAUNCHES 153
TABLE 150 SALTO SYSTEMS: DEALS 153
TABLE 151 SALTO SYSTEMS: OTHERS 154
12.2.5 ALLEGION 155
TABLE 152 ALLEGION: BUSINESS OVERVIEW 155
FIGURE 38 ALLEGION: COMPANY SNAPSHOT 155
TABLE 153 ALLEGION: PRODUCT/SOLUTION/SERVICE OFFERINGS 156
TABLE 154 ALLEGION: PRODUCT LAUNCHES 156
TABLE 155 ALLEGION: DEALS 157
12.2.6 HONEYWELL 159
TABLE 156 HONEYWELL: BUSINESS OVERVIEW 159
FIGURE 39 HONEYWELL: COMPANY SNAPSHOT 160
TABLE 157 HONEYWELL: PRODUCT/SOLUTION/SERVICE OFFERINGS 160
12.2.7 DAHUA TECHNOLOGY 161
TABLE 158 DAHUA TECHNOLOGY: BUSINESS OVERVIEW 161
FIGURE 40 DAHUA TECHNOLOGY: COMPANY SNAPSHOT 162
TABLE 159 DAHUA TECHNOLOGY: PRODUCT/SOLUTION/SERVICE OFFERINGS 163
TABLE 160 DAHUA TECHNOLOGY: PRODUCT LAUNCHES 163
12.2.8 SAMSUNG 164
TABLE 161 SAMSUNG: BUSINESS OVERVIEW 164
FIGURE 41 SAMSUNG: COMPANY SNAPSHOT 165
TABLE 162 SAMSUNG: PRODUCT/SOLUTION/SERVICE OFFERINGS 165
TABLE 163 SAMSUNG: OTHERS 166
12.2.9 VIVINT 167
TABLE 164 VIVINT: BUSINESS OVERVIEW 167
FIGURE 42 VIVINT: COMPANY SNAPSHOT 167
TABLE 165 VIVINT: PRODUCT/SOLUTION/SERVICE OFFERINGS 168
TABLE 166 VIVINT: DEALS 168
12.2.10 ZKTECO 169
TABLE 167 ZKTECO: BUSINESS OVERVIEW 169
TABLE 168 ZKTECO: PRODUCT/SOLUTION/SERVICE OFFERINGS 169
TABLE 169 ZKTECO: DEALS 170
12.3 OTHER KEY PLAYERS 171
12.3.1 IGLOOCOMPANY 171
12.3.2 REMOTELOCK 172
12.3.3 ONITY 172
12.3.4 MASTER LOCK 173
12.3.5 MIWA LOCK 174
12.3.6 SENTRILOCK 175
12.3.7 AVENT SECURITY 175
12.3.8 HAVENLOCK 177
12.3.9 SHENZHEN VIANS ELECTRONIC LOCK 178
12.3.10 ANVIZ GLOBAL 178
12.3.11 CANDY HOUSE 179
12.3.12 AMADAS 179
12.3.13 KEYWE 180
12.3.14 GATE LABS 180
12.3.15 DESSMANN SCHLIESSANLAGEN 181
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
 
13 APPENDIX 182
13.1 DISCUSSION GUIDE 182
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 185
13.3 AVAILABLE CUSTOMIZATIONS 187
13.4 RELATED REPORTS 187
13.5 AUTHOR DETAILS 188