1 INTRODUCTION 19
1.1 STUDY OBJECTIVES 19
1.2 DEFINITION 19
1.3 MARKET SCOPE 20
1.3.1 MARKETS COVERED 20
1.3.2 PRODUCTS COVERED UNDER EACH MAJOR CATEGORY 21
1.3.3 YEARS CONSIDERED 22
1.4 CURRENCY 22
1.5 LIMITATIONS 22
1.6 STAKEHOLDERS 23

2 RESEARCH METHODOLOGY 24
2.1 FACTOR ANALYSIS 25
2.1.1 DEMAND-SIDE ANALYSIS 25
2.1.1.1 Growing demand from real estate industry in Europe 26
2.1.1.2 Increasing number of smart homes in Europe 26
2.1.2 SUPPLY-SIDE ANALYSIS 27
2.1.2.1 Mature access technologies and simple interfaces drive the overall market 27
2.1.2.2 Prices of smart home solutions expected to reduce due to high growth in wireless technologies & IOT 27
2.2 MARKET SIZE ESTIMATION 28
2.2.1 BOTTOM-UP APPROACH 28
2.2.2 TOP-DOWN APPROACH 29
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 30
2.4 MARKET SHARE ESTIMATION 31
2.4.1 KEY DATA FROM SECONDARY SOURCES 31
2.4.2 KEY DATA FROM PRIMARY SOURCES 32
2.4.2.1 Breakdown of primaries 33
2.4.2.2 Key industry insights 33
2.5 ASSUMPTIONS 34

3 EXECUTIVE SUMMARY 35

4 PREMIUM INSIGHTS 40
4.1 ATTRACTIVE OPPORTUNITIES IN EUROPEAN SMART HOME MARKET 40
4.2 EUROPEAN SMART HOME MARKET, BY PRODUCT 40
4.3 EUROPEAN SMART HOME MARKET, BY PRODUCT AND COUNTRY 41
4.4 EUROPEAN SMART HOME MARKET, BY COUNTRY 42
4.5 EUROPEAN SMART HOME MARKET FOR SOFTWARE AND SERVICES, BY TYPE 42

5 MARKET OVERVIEW 43
5.1 INTRODUCTION 43
5.2 MARKET DYNAMICS 44
5.2.1 DRIVERS 45
5.2.1.1 Rising need for energy saving and low-carbon emission-oriented solutions 45
5.2.1.2 Rapid proliferation of smartphones and smart gadgets 45
5.2.1.3 Large number of manufacturers expanding their smart home product portfolios 45
5.2.1.4 Increasing importance of home monitoring in remote locations 46
5.2.1.5 Growing concern about safety, security, and convenience among people 46
5.2.2 RESTRAINTS 47
5.2.2.1 High initial cost 47
5.2.2.2 More convenience-driven market rather than being necessity-driven market 47
5.2.2.3 High cost of switching for existing smart device consumers 47
5.2.2.4 Issues related to breach in security and privacy 47
5.2.3 OPPORTUNITIES 48
5.2.3.1 Favorable government regulations 48
5.2.3.2 Expected incorporation of lighting controllers with in-built data-connectivity technology 48
5.2.4 CHALLENGES 49
5.2.4.1 Retrofitting existing homes 49
5.2.4.2 Linking disparate systems, limited functionality, and lack of open standards 49

6 PROTOCOLS AND TECHNOLOGIES USED IN SMART HOMES 50
6.1 INTRODUCTION 50
6.2 CELLULAR NETWORK TECHNOLOGIES 51
6.2.1 CDMA NETWORKS 51
6.2.2 GSM/HSPA NETWORKS 51
6.2.3 LTE NETWORKS 51
6.3 PROTOCOLS AND STANDARDS 52
6.3.1 DALI 52
6.3.2 NEMA 53
6.3.3 KNX 53
6.3.4 DMX 53
6.3.5 LONWORKS 53
6.3.6 ETHERNET 54
6.3.7 MODBUS 54
6.3.8 BACNET 55
6.3.9 BLACK BOX 55
6.3.10 PLC 55
6.4 WIRELESS COMMUNICATION TECHNOLOGIES 56
6.4.1 ZIGBEE 56
6.4.2 Z-WAVE 56
6.4.3 WI-FI 57
6.4.4 BLUETOOTH 57
6.4.5 ENOCEAN 57
6.4.6 THREAD 57
6.4.7 INFRARED 57

7 EUROPEAN SMART HOME MARKET, BY PRODUCT 58
7.1 INTRODUCTION 59
7.2 LIGHTING CONTROL 61
7.2.1 MARKET DYNAMICS 61
7.2.1.1 Drivers 61
7.2.1.1.1 Demand for energy-efficient lighting solutions 61
7.2.1.1.2 Reduction in cost by conserving energy, thereby increasing the shelf life of lamps 61
7.2.1.2 Restraints 62
7.2.1.2.1 Compatibility issues pose hurdles in path of lighting controls 62
7.2.1.2.2 Lack of awareness about benefits of lighting controls 62
7.2.1.3 Opportunities 62
7.2.1.3.1 Consumer perception undergoing paradigm shift 62
7.2.1.3.2 Mood lighting providing an opportunity in lighting controls 62
7.2.2 PRODUCTS CONSIDERED UNDER LIGHTING CONTROL 63
7.2.2.1 Relays 63
7.2.2.2 Occupancy Sensors 64
7.2.2.3 Daylight Sensors 64
7.2.2.4 Timers 65
7.2.2.5 Dimmers 66
7.2.2.6 Switches 66
7.2.2.7 Accessories and other products 67
7.3 SECURITY AND ACCESS CONTROL 69
7.3.1 MARKET DYNAMICS 69
7.3.1.1 Drivers 69
7.3.1.1.1 Multi-level/multifactor authentication to enhance authentication processes 69
7.3.1.2 Restraints 70
7.3.1.2.1 Privacy issues 70
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7.3.1.3 Opportunities 70
7.3.1.3.1 Significant prospects of biometrics technologies in the security market 70
7.3.2 PRODUCTS COVERED UNDER SECURITY AND ACCESS CONTROL 70
7.3.2.1 Video surveillance 71
7.3.2.1.1 Hardware 72
7.3.2.1.1.1 Security cameras 72
7.3.2.1.1.2 Storage devices 73
7.3.2.1.1.3 Monitors 74
7.3.2.1.1.4 Server 74
7.3.2.1.1.5 Accessories 74
7.3.2.1.2 Software 75
7.3.2.1.2.1 Video analytics software 75
7.3.2.1.2.2 Video management system (VMS) 75
7.3.2.1.2.3 Neural networks and algorithms 76
7.3.2.2 Access control 76
7.3.2.2.1 Biometric 77
7.3.2.2.1.1 Facial recognition 78
7.3.2.2.1.2 Iris recognition 78
7.3.2.2.1.3 Fingerprint recognition 78
7.3.2.2.1.4 Others 78
7.3.2.2.2 Non-biometric 78
7.4 HVAC CONTROL 79
7.4.1 MARKET DYNAMICS 79
7.4.1.1 Drivers 79
7.4.1.1.1 Flexibility and ease of accessing HVAC systems 79
7.4.1.1.2 Reducing long-term energy cost through enhanced hardware, integrated control systems, and management services 80
7.4.1.2 Restraints 80
7.4.1.2.1 Lack of interoperability and standardization act as major restraints for HVAC systems 80
7.4.1.2.2 Lack of awareness about benefits of HVAC systems 80
7.4.1.3 Opportunities 80
7.4.1.3.1 Innovation in development of sensors and controls 80
7.4.2 PRODUCTS COVERED UNDER HVAC CONTROL 81
7.4.2.1 Smart Thermostats 82
7.4.2.2 Sensors 83
7.4.2.3 Control Valves 84
7.4.2.4 Heating and Cooling Coils 84
7.4.2.5 Dampers 85
7.4.2.6 Actuators 86
7.4.2.7 Pumps and Fans 86
7.4.2.8 Smart Vents 87
7.5 ENTERTAINMENT CONTROL AND OTHER CONTROLS 87
7.5.1 MARKET DYNAMICS 88
7.5.1.1 Drivers 88
7.5.1.1.1 Changing lifestyle 88
7.5.1.1.2 Enhanced comfort 88
7.5.1.2 Restraints 88
7.5.1.2.1 High cost of entertainment control systems 88
7.5.1.3 Opportunities 88
7.5.1.3.1 3D gesture-based remote control to be the next big thing in entertainment controls 88
7.5.2 PRODUCTS COVERED UNDER ENTERTAINMENT CONTROL 89
7.5.2.1 Audio, volume, and multimedia room controls 90
7.5.2.2 Home theater system controls 90
7.5.2.3 Touchscreens and keypads 90
7.5.3 PRODUCTS COVERED UNDER OTHER CONTROL 92
7.5.3.1 Smart meters 93
7.5.3.2 Smart plugs 94
7.5.3.3 Smart hubs 94
7.5.3.4 Smart locks 95
7.5.3.5 Smoke detectors 95
7.6 SMART SPEAKER 96
7.6.1 MARKET DYNAMICS 96
7.6.1.1 Drivers 96
7.6.1.1.1 Increasing number of smart homes in Europe 96
7.6.1.1.2 Rapid proliferation of multifunctional devices 97
7.6.1.1.3 Growing trend of personalization 97
7.6.1.2 Restraints 97
7.6.1.2.1 Issues related to connectivity range, compatibility, and power 97
7.6.1.3 Opportunities 98
7.6.1.3.1 Increasing consumer preference for technologically advanced products 98
7.6.1.3.2 Increasing focus of companies on enhancing customer experience 98
7.7 HOME HEALTHCARE 100
7.7.1 MARKET DYNAMICS 101
7.7.1.1 Drivers 101
7.7.1.1.1 Changing demographics to positively affect home health systems 101
7.7.1.2 Opportunities 101
7.7.1.2.1 Emerging market for smart wearables to drive home healthcare 101
7.7.2 PRODUCTS COVERED UNDER HOME HEALTHCARE 102
7.7.2.1 Health status monitors 103
7.7.2.2 Physical activity monitors 105
7.8 SMART KITCHEN 106
7.8.1 MARKET DYNAMICS 106
7.8.1.1 Drivers 106
7.8.1.1.1 Changing lifestyles and preferences of consumers 106
7.8.1.2 Restraints 106
7.8.1.2.1 High prices of smart kitchen appliances 106
7.8.2 PRODUCTS COVERED UNDER SMART KITCHEN 107
7.8.2.1 Smart Refrigerators 107
7.8.2.2 Smart Coffee Makers 108
7.8.2.3 Smart Kettles 109
7.8.2.4 Smart Dishwashers 109
7.8.2.5 Smart Ovens 110
7.8.2.6 Smart Cooktops 111
7.8.2.7 Smart Cookers 111
7.9 HOME APPLIANCES 112
7.9.1 MARKET DYNAMICS 112
7.9.1.1 Drivers 112
7.9.1.1.1 Availability of wireless solutions 112
7.9.1.1.2 Rising cost of energy would increase adoption of smart appliances 112
7.9.1.2 Restraints 112
7.9.1.2.1 Privacy concerns 112
7.9.1.2.2 Lack of awareness about smart appliances 113
7.9.1.3 Opportunities 113
7.9.1.3.1 Machine-to-machine (M2M) communication to provide new growth opportunities 113
7.9.2 PRODUCTS COVERED UNDER HOME APPLIANCES 113
7.9.2.1 Smart Washers 113
7.9.2.2 Smart Dryers 114
7.9.2.3 Smart Water Heaters 114
7.9.2.4 Smart Vacuum Cleaners 114
7.10 SMART FURNITURE 115
7.10.1 MARKET DYNAMICS 115
7.10.1.1 Drivers 115
7.10.1.1.1 Advancing lifestyle 115
7.10.1.2 Restraints 115
7.10.1.2.1 Reluctance toward adopting new technology 115
7.10.1.2.2 High price over traditional furniture 116
7.10.2 PRODUCTS COVERED UNDER SMART FURNITURE 116
7.10.2.1 Smart Tables 117
7.10.2.2 Smart Desks 118
7.10.2.3 Smart Stools and Benches 118
7.10.2.4 Smart Sofas 119
7.10.2.5 Smart Chairs 119

8 COUNTRY ANALYSIS 120
8.1 INTRODUCTION 121
8.2 UK 123
8.2.1 UK TO LEAD THE SMART HOME MARKET IN EUROPE 123
8.2.2 DEMAND FOR ENERGY-SAVING AND LONG-LASTING LIGHTING SYSTEMS 123
8.3 GERMANY 124
8.3.1 RISING DEMAND FOR SMART LIGHTING SOLUTION IN HOMES DRIVING THE MARKET 124
8.3.2 INCREASING PENETRATION OF LED LIGHTS AND LUMINAIRES 124
8.4 FRANCE 125
8.4.1 SECURITY AND ACCESS CONTROL TO POSE LUCRATIVE MARKET FOR SMART HOME DURING FORECAST PERIOD 125
8.4.2 INCREASING AWARENESS OF ENERGY CONSERVATION 125
8.5 ITALY 126
8.5.1 HIGH DEMAND OF SMART LIGHTING IN SMART HOMES 126
8.6 REST OF EUROPE (ROE) 127
8.6.1 REST OF EUROPE TO POSE HIGHEST GROWTH DURING THE FORECAST PERIOD 127

9 EUROPEAN SMART HOME MARKET FOR SOFTWARE & SERVICES 128
9.1 INTRODUCTION 129
9.2 BEHAVIORAL TYPE SOFTWARE AND SERVICES 131
9.2.1 BEHAVIORAL –TYPE SOFTWARE AND SERVICES TO HOLD THE LARGEST MARKET DURING THE FORECAST PERIOD 131
9.3 PROACTIVE TYPE SOFTWARE AND SERVICES 131
9.3.1 PROACTIVE–TYPE SOFTWARE AND SERVICES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 131

10 COMPETITIVE LANDSCAPE 132
10.1 OVERVIEW 132
10.2 KEY PLAYERS IN EUROPEAN SMART HOME MARKET 133
10.3 COMPETITIVE LEADERSHIP MAPPING 135
10.3.1 VISIONARY LEADERS 135
10.3.2 DYNAMIC DIFFERENTIATORS 135
10.3.3 INNOVATORS 135
10.3.4 EMERGING COMPANIES 135
10.4 STRENGTH OF PRODUCT PORTFOLIO 137
10.5 BUSINESS STRATEGY EXCELLENCE 138
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11 COMPANY PROFILES 139
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
11.1 KEY PLAYERS 139
11.1.1 HONEYWELL INTERNATIONAL 139
11.1.2 SIEMENS AG 144
11.1.3 JOHNSON CONTROLS INTERNATIONAL 149
11.1.4 SCHNEIDER ELECTRIC SE 153
11.1.5 UNITED TECHNOLOGIES CORPORATION 157
11.1.6 AMAZON INC. 161
11.1.7 APPLE INC. 165
11.1.8 GOOGLE 168
11.1.9 ADT 170
11.1.10 ROBERT BOSCH GMBH 173
11.1.11 ASSA ABLOY 176
11.1.12 LEGRAND SA 179
11.1.13 ABB LTD. 182
11.1.14 INGERSOLL-RAND PLC 186
11.1.15 COMCAST CORPORATION 189
11.1.16 HUBBELL INC. 191
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
11.2 OTHER KEY COMPANIES 194
11.2.1 GENERAL ELECTRIC 194
11.2.2 LG ELECTRONICS 194
11.2.3 SAMSUNG ELECTRONICS 195
11.2.4 SONY 195
11.2.5 LUTRON ELECTRONICS CO. 196
11.2.6 AXIS COMMUNICATIONS AB 196
11.2.7 CRESTRON ELECTRONICS, INC. 197
11.2.8 HITACHI, LTD. 197
11.2.9 DELTA CONTROLS 198
11.2.10 CONTROL4 198
11.2.11 LENNOX INTERNATIONAL 199
11.2.12 NEST SECURE 199
11.2.13 CANARY 200
11.2.14 CACOON 200
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12 APPENDIX 201
12.1 INSIGHTS OF INDUSTRY EXPERTS 201
12.2 DISCUSSION GUIDE 202
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 206
12.4 AVAILABLE CUSTOMIZATIONS 208
12.5 RELATED REPORTS 208
12.6 AUTHOR DETAILS 209