Japan Smart Home Automation Market Size & Outlook
Japan smart home automation market, 2018-2030 (US$M)
Related Markets
Japan smart home automation market highlights
- The Japan smart home automation market generated a revenue of USD 3,868.9 million in 2022 and is expected to reach USD 29,343.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 28.8% from 2023 to 2030.
- In terms of segment, security & access controls was the largest revenue generating product in 2022.
- Home Healthcare is the most lucrative product segment registering the fastest growth during the forecast period.
Smart home automation market data book summary
| Market revenue in 2022 | USD 3,868.9 million |
| Market revenue in 2030 | USD 29,343.9 million |
| Growth rate | 28.8% (CAGR from 2022 to 2030) |
| Largest segment | Security & access controls |
| Fastest growing segment | Home Healthcare |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Security & Access Controls, Lighting Control, Entertainment Devices, HVAC, Smart Kitchen Appliances, Home Appliances, Smart Furniture, Home Healthcare, Smart Speakers, Other Devices |
| Key market players worldwide | ABB Ltd, Crestron Electronics, Honeywell International Inc, Ingersoll Rand Inc, Johnson Controls International PLC, Legrand SA, Leviton Manufacturing, Lutron Electronics, Schneider Electric SE, Siemens AG, Snap One Holdings Corp |
Other key industry trends
- In terms of revenue, Japan accounted for 4.8% of the global smart home automation market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China smart home automation market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 58,394.9 million by 2030.
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Smart Home Automation Market Scope
Smart Home Automation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan smart home automation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart home automation market will help companies and investors design strategic landscapes.
Security & access controls was the largest segment with a revenue share of 35.28% in 2022. Horizon Databook has segmented the Japan smart home automation market based on security & access controls, lighting control, entertainment devices, hvac, smart kitchen appliances, home appliances, smart furniture, home healthcare, smart speakers, other devices covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is widely considered to be technology favoring country, which is anticipated to attract a large number of potential customers to smart home automation. Additionally, the trend of wireless technology for connecting smart devices in a home for efficient functioning and automation reasons is further expected to drive the market growth in Japan.
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Target buyers of Japan smart home automation market databook
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Our clientele includes a mix of smart home automation market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan smart home automation market , including forecasts for subscribers. This country databook contains high-level insights into Japan smart home automation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan smart home automation market size, by product, 2018-2030 (US$M)
Japan Smart Home Automation Market Outlook Share, 2022 & 2030 (US$M)
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