Smart Home Solutions Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The Smart Home Solution Market is experiencing significant growth, primarily driven by increasing consumer demand for advanced, connected technologies that enhance the efficiency and convenience of home appliances. The market, valued at $100.9 billion in 2024, is projected to reach $453.9 billion by 2031, reflecting a compound annual growth rate (CAGR) of 23.9%. Smart home solutions refer to technologically advanced devices that integrate with a user-friendly interface, enabling seamless control and monitoring of various household functions. These devices, ranging from smart televisions to air conditioning systems and security systems, are typically interconnected through WiFi, Bluetooth, or voice control systems, creating a unified smart home environment.

One of the key drivers behind the growing interest in smart home appliances is the consumer's desire for devices that not only perform efficiently but are also easy to operate, often through smartphone apps. The convenience of remotely managing these systems has led to rising demand, especially in specific categories like air purifiers and air conditioning units. With an increasing focus on indoor air quality, more consumers are adopting smart air purification and air conditioning technologies. Many modern air conditioning systems now include air filtering capabilities, which remove contaminants and deliver clean, cool air, further boosting their appeal.

In addition to improving air quality, the overall trend of home automation is contributing to the growth of smart home solutions. Homeowners are increasingly seeking appliances that can be managed remotely, offering enhanced convenience and energy efficiency. This trend is particularly evident in more developed regions, where consumers are more inclined to invest in advanced home technologies.

Regional Insights

The global market for smart home solutions is highly dynamic, with certain regions leading in terms of adoption and innovation. North America is a key player in this market, driven by the widespread availability of advanced digital infrastructure and a strong appetite for new technologies. The region's consumers are quick to adopt smart home devices, aided by the robust digital ecosystem. Europe also plays a significant role, with demand for smart home devices spurred by the increasing digitalization of everyday life. The rise of e-commerce has also contributed to the market's growth in Europe, as more consumers purchase smart home devices online due to the convenience, variety, and discounts available through digital platforms.

Emerging markets are showing strong growth potential in the smart home solutions sector. Rising disposable incomes, especially in urban areas, are encouraging consumers in these regions to invest in smart home technologies that enhance their quality of life. The shift toward automation in these regions is being driven by the need for energy efficiency and convenience. Consumers in urbanized areas are particularly drawn to technologies that simplify home management and reduce energy consumption.

Key Market Drivers

Several factors are driving the growth of the smart home solution market. One of the primary drivers is the increasing consumer preference for connected, energy-efficient devices. As concerns over energy consumption and environmental impact grow, households are looking for ways to reduce their electricity usage. Smart home solutions, especially those designed for energy management, offer a practical solution for consumers seeking to monitor and control their energy consumption. Devices like smart lighting systems, thermostats, and energy management systems are becoming increasingly popular as consumers aim to manage their home's energy use more effectively.

Additionally, advances in wireless communication technologies are facilitating the remote control and monitoring of home appliances. Devices connected via WiFi, Bluetooth, or other wireless technologies can be easily managed using smartphones or tablets. This level of convenience makes smart home solutions even more attractive to consumers who want to automate their daily routines.

Moreover, smart home devices are becoming more intelligent, with many incorporating artificial intelligence (AI) and machine learning capabilities. These technologies enable devices to learn from user behavior, optimize performance, and deliver personalized experiences. For example, smart security systems can learn the habits of household members and adjust settings to enhance security. Similarly, smart lighting systems can automatically adjust brightness based on the time of day or occupancy, thereby reducing energy consumption without compromising comfort.

Challenges in the Market

Despite the market's promising growth, several challenges remain. One of the primary obstacles is the lack of consumer awareness, particularly in developing regions. While smart home solutions offer significant benefits, many consumers are not fully aware of how these technologies work or the advantages they provide. This lack of awareness is further compounded by limited digital infrastructure in some areas, which hinders the adoption of smart home technologies.

The complexity of setting up and managing smart home systems is another challenge. While many devices are designed to be user-friendly, integrating multiple devices into a cohesive system can be daunting, especially for individuals who are not technologically adept. This complexity can act as a barrier to entry for some consumers, limiting the market's growth potential.

Cost is another significant challenge for the smart home solution market. While prices for smart home devices have been decreasing over time, they can still be relatively expensive compared to traditional appliances. For many consumers, particularly in regions with lower disposable incomes, the upfront cost of smart home devices may outweigh the perceived benefits.

Category-wise Insights

The smart home solution market can be segmented based on several factors, including the type of home, the components used, and the applications of these solutions. For instance, smart home solutions for apartments have gained significant traction, as they offer a way to manage energy consumption and reduce electricity bills. In apartment settings, devices like smart air conditioners, lighting systems, and energy management solutions are especially popular because they help residents monitor and control their energy usage more effectively.

Regarding components, the hardware segment holds a significant share of the market. This includes devices such as cameras, storage systems, monitors, and other connected devices that form the backbone of a smart home system. The demand for hardware components is driven by the need for discrete solutions that cater to specific household needs. With the rapid introduction of new devices and systems, the hardware component market is expected to continue growing.

On the application side, security and surveillance are key areas where smart home solutions are making a considerable impact. Smart security systems, often comprising cameras, motion sensors, and alarms, allow homeowners to monitor their homes remotely. These systems are increasingly being integrated with AI and machine learning technologies, which enable them to detect unusual activity and alert homeowners in real-time.

Smart lighting solutions and HVAC systems also represent significant applications of smart home technology. Smart lighting systems allow users to control their home's lighting remotely, adjusting brightness or turning lights on and off through their smartphones. Similarly, smart HVAC systems enable more efficient temperature control, reducing energy consumption and costs without sacrificing comfort.

Competitive Analysis

The smart home solution market is highly competitive, with key players continuously innovating to stay ahead of the competition. Companies are increasingly forming partnerships and collaborations to drive technological advancements and expand their product offerings. Major brands have launched new lines of smart home appliances to cater to the growing demand for connected, energy-efficient solutions.

Key Companies Profiled

Siemens AG
United Technologies Corporation
General Electric Company
Schneider Electric Se
Honeywell International, Inc.
Ingersoll-Rand PLC
Johnson Controls, Inc.
ABB Ltd.
Legrand S.A.
Samsung Electronics Co., Ltd.
Lutron Electronics Co., Inc.
Leviton Manufacturing Company, Inc.
Acuity Brands, Inc.
Vivint Smart Home
Switchmate Inc.

Key Segments of Smart Home Solution Market Industry Research

By Type of Home:

Smart Home Solutions for Villas/Bungalows
Smart Home Solutions for Apartments
Others

By Component:

Hardware
- Cameras
- Storage Devices
- Monitors
- Others
Software
- Intelligent Security Systems
- Energy Management
- Infrastructure Management
- Network Management
- Smart Home Gateways
Services
- Professional Services and Consulting
- Managed Services

By Application:

Security and Surveillance
HVAC
Lighting Solutions
Building Energy Management

By Region:

North America
Latin America
Europe
East Asia
South Asia Pacific
Middle East and Africa

1. Executive Summary

1.1. Global Smart Home Solutions Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. PESTLE Analysis

3. Global Smart Home Solutions Market Outlook, 2019 - 2031

3.1. Global Smart Home Solutions Market Outlook, by Type of Home, Value (US$ Bn), 2019 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Smart Home Solutions for Villas/Bungalows
  - 3.1.1.2. Smart Home Solutions for Apartments
  - 3.1.1.3. Others
3.2. Global Smart Home Solutions Market Outlook, by Component, Value (US$ Bn), 2019 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Hardware
  - 3.2.1.2. Software
  - 3.2.1.3. Services
3.3. Global Smart Home Solutions Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Security and Surveillance
  - 3.3.1.2. HVAC
  - 3.3.1.3. Lighting Solutions
  - 3.3.1.4. Building Energy Management
3.4. Global Smart Home Solutions Market Outlook, by Region, Value (US$ Bn), 2019 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America Smart Home Solutions Market Outlook, 2019 - 2031

4.1. North America Smart Home Solutions Market Outlook, by Type of Home, Value (US$ Bn), 2019 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Smart Home Solutions for Villas/Bungalows
  - 4.1.1.2. Smart Home Solutions for Apartments
  - 4.1.1.3. Others
4.2. North America Smart Home Solutions Market Outlook, by Component, Value (US$ Bn), 2019 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Hardware
  - 4.2.1.2. Software
  - 4.2.1.3. Services
4.3. North America Smart Home Solutions Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Security and Surveillance
  - 4.3.1.2. HVAC
  - 4.3.1.3. Lighting Solutions
  - 4.3.1.4. Building Energy Management
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Smart Home Solutions Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 4.4.1.2. U.S. Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 4.4.1.3. U.S. Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 4.4.1.4. Canada Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 4.4.1.5. Canada Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 4.4.1.6. Canada Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Smart Home Solutions Market Outlook, 2019 - 2031

5.1. Europe Smart Home Solutions Market Outlook, by Type of Home, Value (US$ Bn), 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Smart Home Solutions for Villas/Bungalows
  - 5.1.1.2. Smart Home Solutions for Apartments
  - 5.1.1.3. Others
5.2. Europe Smart Home Solutions Market Outlook, by Component, Value (US$ Bn), 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Hardware
  - 5.2.1.2. Software
  - 5.2.1.3. Services
5.3. Europe Smart Home Solutions Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Security and Surveillance
  - 5.3.1.2. HVAC
  - 5.3.1.3. Lighting Solutions
  - 5.3.1.4. Building Energy Management
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Smart Home Solutions Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 5.4.1.2. Germany Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 5.4.1.3. Germany Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.4. U.K. Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 5.4.1.5. U.K. Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 5.4.1.6. U.K. Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.7. France Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 5.4.1.8. France Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 5.4.1.9. France Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.10. Italy Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 5.4.1.11. Italy Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 5.4.1.12. Italy Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.13. Turkey Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 5.4.1.14. Turkey Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 5.4.1.15. Turkey Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.16. Russia Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 5.4.1.17. Russia Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 5.4.1.18. Russia Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.4.1.19. Rest of Europe Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 5.4.1.20. Rest of Europe Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 5.4.1.21. Rest of Europe Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Smart Home Solutions Market Outlook, 2019 - 2031

6.1. Asia Pacific Smart Home Solutions Market Outlook, by Type of Home, Value (US$ Bn), 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Smart Home Solutions for Villas/Bungalows
  - 6.1.1.2. Smart Home Solutions for Apartments
  - 6.1.1.3. Others
6.2. Asia Pacific Smart Home Solutions Market Outlook, by Component, Value (US$ Bn), 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Hardware
  - 6.2.1.2. Software
  - 6.2.1.3. Services
6.3. Asia Pacific Smart Home Solutions Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Security and Surveillance
  - 6.3.1.2. HVAC
  - 6.3.1.3. Lighting Solutions
  - 6.3.1.4. Building Energy Management
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Smart Home Solutions Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. China Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 6.4.1.2. China Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 6.4.1.3. China Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.4. Japan Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 6.4.1.5. Japan Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 6.4.1.6. Japan Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.7. South Korea Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 6.4.1.8. South Korea Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 6.4.1.9. South Korea Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.10. India Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 6.4.1.11. India Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 6.4.1.12. India Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.13. Southeast Asia Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 6.4.1.14. Southeast Asia Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 6.4.1.15. Southeast Asia Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.4.1.16. Rest of Asia Pacific Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 6.4.1.17. Rest of Asia Pacific Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 6.4.1.18. Rest of Asia Pacific Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Smart Home Solutions Market Outlook, 2019 - 2031

7.1. Latin America Smart Home Solutions Market Outlook, by Type of Home, Value (US$ Bn), 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Smart Home Solutions for Villas/Bungalows
  - 7.1.1.2. Smart Home Solutions for Apartments
  - 7.1.1.3. Others
7.2. Latin America Smart Home Solutions Market Outlook, by Component, Value (US$ Bn), 2019 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Hardware
  - 7.2.1.2. Software
  - 7.2.1.3. Services
7.3. Latin America Smart Home Solutions Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Security and Surveillance
  - 7.3.1.2. HVAC
  - 7.3.1.3. Lighting Solutions
  - 7.3.1.4. Building Energy Management
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Smart Home Solutions Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 7.4.1.2. Brazil Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 7.4.1.3. Brazil Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 7.4.1.4. Mexico Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 7.4.1.5. Mexico Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 7.4.1.6. Mexico Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 7.4.1.7. Rest of Latin America Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 7.4.1.8. Rest of Latin America Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 7.4.1.9. Rest of Latin America Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Smart Home Solutions Market Outlook, 2019 - 2031

8.1. Middle East & Africa Smart Home Solutions Market Outlook, by Type of Home, Value (US$ Bn), 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Smart Home Solutions for Villas/Bungalows
  - 8.1.1.2. Smart Home Solutions for Apartments
  - 8.1.1.3. Others
8.2. Middle East & Africa Smart Home Solutions Market Outlook, by Component, Value (US$ Bn), 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Hardware
  - 8.2.1.2. Software
  - 8.2.1.3. Services
8.3. Middle East & Africa Smart Home Solutions Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Security and Surveillance
  - 8.3.1.2. HVAC
  - 8.3.1.3. Lighting Solutions
  - 8.3.1.4. Building Energy Management
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Smart Home Solutions Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 8.4.1.2. GCC Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 8.4.1.3. GCC Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.4.1.4. South Africa Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 8.4.1.5. South Africa Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 8.4.1.6. South Africa Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.4.1.7. Rest of Middle East & Africa Smart Home Solutions Market by Type of Home, Value (US$ Bn), 2019 - 2031
  - 8.4.1.8. Rest of Middle East & Africa Smart Home Solutions Market by Component, Value (US$ Bn), 2019 - 2031
  - 8.4.1.9. Rest of Middle East & Africa Smart Home Solutions Market by Application, Value (US$ Bn), 2019 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Company Market Share Analysis, 2024
9.2. Competitive Dashboard
9.3. Company Profiles
- 9.3.1. Siemens AG
  - 9.3.1.1. Company Overview
  - 9.3.1.2. Product Portfolio
  - 9.3.1.3. Financial Overview
  - 9.3.1.4. Business Strategies and Development
- 9.3.2. United Technologies Corporation
  - 9.3.2.1. Company Overview
  - 9.3.2.2. Product Portfolio
  - 9.3.2.3. Financial Overview
  - 9.3.2.4. Business Strategies and Development
- 9.3.3. General Electric Company
  - 9.3.3.1. Company Overview
  - 9.3.3.2. Product Portfolio
  - 9.3.3.3. Financial Overview
  - 9.3.3.4. Business Strategies and Development
- 9.3.4. Schneider Electric Se
  - 9.3.4.1. Company Overview
  - 9.3.4.2. Product Portfolio
  - 9.3.4.3. Financial Overview
  - 9.3.4.4. Business Strategies and Development
- 9.3.5. Honeywell International, Inc.
  - 9.3.5.1. Company Overview
  - 9.3.5.2. Product Portfolio
  - 9.3.5.3. Financial Overview
  - 9.3.5.4. Business Strategies and Development
- 9.3.6. Ingersoll-Rand PLC
  - 9.3.6.1. Company Overview
  - 9.3.6.2. Product Portfolio
  - 9.3.6.3. Financial Overview
  - 9.3.6.4. Business Strategies and Development
- 9.3.7. Johnson Controls, Inc.
  - 9.3.7.1. Company Overview
  - 9.3.7.2. Product Portfolio
  - 9.3.7.3. Financial Overview
  - 9.3.7.4. Business Strategies and Development
- 9.3.8. ABB Ltd.
  - 9.3.8.1. Company Overview
  - 9.3.8.2. Product Portfolio
  - 9.3.8.3. Financial Overview
  - 9.3.8.4. Business Strategies and Development
- 9.3.9. Legrand S.A.
  - 9.3.9.1. Company Overview
  - 9.3.9.2. Product Portfolio
  - 9.3.9.3. Financial Overview
  - 9.3.9.4. Business Strategies and Development
- 9.3.10. Samsung Electronics Co., Ltd.
  - 9.3.10.1. Company Overview
  - 9.3.10.2. Product Portfolio
  - 9.3.10.3. Financial Overview
  - 9.3.10.4. Business Strategies and Development
- 9.3.11. Others
  - 9.3.11.1. Company Overview
  - 9.3.11.2. Product Portfolio
  - 9.3.11.3. Financial Overview
  - 9.3.11.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations