Summary

As the demand for smart living solutions has continued to soar, the China home automation system market has experienced impressive growth and transition in recent years. Due to urbanization, increased disposable incomes, and a growing focus on convenience, energy economy, and security, the home automation system market in China has grown exponentially. Chinese customers are becoming more interested in integrating smart technology into their homes, creating a vibrant and quickly changing market. The fast uptake of smartphones and the construction of high-speed internet infrastructure are two key factors contributing to this growth. The popularity of home automation systems has increased as a result of the growing usage of smartphones by Chinese homeowners, who can now monitor and operate their smart gadgets from a distance. The term "smart home devices" refers to a broad category of items, ranging from voice-activated virtual assistants and security cameras to sophisticated lighting controls and thermostats. In China, customers increasingly prefer integrated systems because they provide improved ease and a consistent user experience by allowing users to control many devices from a single platform. A sizable portion of the industry is devoted to lighting automation, which is motivated by consumers' need for energy-saving products and their desire to design distinctive lighting environments. As safety continues to be a key priority for Chinese homes, security and surveillance systems are also in great demand. The well-known voice-activated virtual assistant Tmall Genie by Alibaba, which serves as a central hub for managing numerous smart gadgets, is well-integrated into the daily lives of Chinese customers. As one of the top producers of home appliances, Haier has integrated smart technology into its goods and helped Chinese households adopt home automation.

According to the research report "China Home Automation System Market Overview, 2028,"published by Bonafide Research, the China Home Automation System market was valued more than USD 5 Billion in 2022. In recent decades, China has undergone major urbanization growth. In search of better prospects and lifestyles, countless numbers of individuals have relocated from rural areas to cities. Due to the growing middle class and rising spending power brought about by urbanization, these people are ideal candidates to embrace home automation systems to enhance their urban living conditions. Years of excellent economic expansion in China have led to a significant increase in disposable income. The market has witnessed a boom in demand for smart home solutions as more Chinese households have the resources to invest in technology and automation. The Chinese government is aware of the potential advantages of smart home technology, including how it might improve the lives of its people as well as foster technological advancement and economic expansion. To encourage the creation and acceptance of home automation systems in the nation, a number of government programs and legislation have been put into place. Chinese tech behemoths Alibaba, Tencent, and Xiaomi have made significant investments in home automation technologies. They provide extensive ecosystems with voice assistants, smart devices, and platforms for managing a variety of home tasks. These ecosystems have increased their market share significantly, which has accelerated the adoption of home automation. Cultural aspects, such as the emphasis on family and security, play a role in the adoption of home automation systems. Chinese consumers are motivated by the desire to provide better living conditions for their families, including ensuring safety and security through the use of smart devices like surveillance cameras and smart locks.

In terms of type market include luxury home automation system, mainstream home automation system, diy (do it yourself) home automation system and managed home automation system. Among them main stream automation system is expected to lead the market of China during the forecast period. A wider range of consumers can typically purchase and use mainstream automation systems. Affordability is a key consideration in a market as large and diverse as China, where there is a wide range of income levels. The widespread acceptance of home automation technology is facilitated by mainstream systems, which provide accessibility for the common customer. Energy efficiency is a key concern in modern automation systems, especially in a nation where energy consumption is high. These devices assist Chinese homes in lowering their energy costs, offering a compelling argument for spending money on energy-efficient solutions. Chinese real estate developers are including common automation technology in new dwelling projects as they understand its attractiveness. Properties with these systems will be worth more and will be more desirable to renters and buyers. Based on network technology market is segmented into power line-based, wired and wireless. Wireless network technology is expected to lead the market of China with significant market share. Wireless device adoption has seen a phenomenal increase in China. The use of various wireless devices, from smart speakers to wearables, is on the rise. The nation is a leader in the use of cellphones. Naturally, the dominance of wireless network technology is favored by the expanding ecosystem of wireless gadgets. The majority of people in China rely significantly on their smartphones for communication, entertainment, and the management of their smart home appliances. Wireless networks allow for seamless smartphone integration, which is a key factor in the market leadership of the technology. The Internet of Things (IoT) and artificial intelligence (AI) applications depend heavily on wireless networks. Wireless technology becomes increasingly important in China as IoT and AI continue to gain popularity. Wireless technology becomes the backbone of these advanced smart systems, making it indispensable in modern smart homes.

Based on fitment market include new construction and retrofit. New construction segment is expected to register highest growth rate in China home automation system market. Home automation systems can be effortlessly integrated into the infrastructure and architecture of a building during new construction projects. This degree of integration makes it possible to have a smart home experience that is more complex and well-rounded, which is quite appealing to homeowners. High-speed internet infrastructure is frequently present in new construction projects, which is necessary for the efficient operation of smart home appliances. The solid performance of home automation systems is supported by this infrastructure, increasing their allure to homeowners. It can be more difficult and expensive to retrofit an old building with a home automation system than to include one in a new construction project. Therefore, the lower fitment costs in new structures might be a major selling point. Based on application market is bifurcated into security and access control, lighting control, entertainment system, HVAC control, and others (smoke detector, smart plugs, etc.). Among them security access control application dominates the market of China home automation system. Rapid urbanization in China has produced densely populated cities with more serious security problems. Access control systems, which include smart locks and surveillance cameras, are essential for regulating and monitoring entry and departure points in such metropolitan environments, which helps to explain the increased demand for these products. Systems for security access control are frequently incorporated into larger ecosystems for smart homes. Through a single platform and this connectivity, homeowners can manage and track visitor access to their residences, creating a seamless user experience. The ease of this connection has been a major factor in the success of access control solutions.

Considered in this report:
• Geography: China
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• China Home Automation System market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type:
• Luxury Home Automation System
• Mainstream Home Automation System
• DIY (Do It Yourself) Home Automation System
• Managed Home Automation System

By Network Technology:
• Power Line-Based
• Wired
• Wireless

By Fitment:
• New Construction
• Retrofit

By Application:
• Luxury Home Automation System
• Mainstream Home Automation System
• DIY (Do It Yourself) Home Automation System
• Managed Home Automation System

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Home Automation System industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

ページTOPに戻る

Table of Contents