The Japanese smart home market is expected to exceed $ 13 billion by 2027. The smart home is a system that allows the owner to control and monitor various devices in the home, including heating, lighting, security. and entertainment, automatically and sometimes remotely via the Internet.
New York, September 02, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Japan Smart Home Market (by Application Areas and Product Segment), Number, Household Penetration, Impact of COVID-19, Policies, Tendances et profiles key companies – Forecast until 2027 “- https://www.reportlinker.com/p06131705/?utm_source=GNW
There is an increasing demand in the Japanese market for a safe and secure living environment, especially with regard to security features and discreet surveillance of the elderly; Additionally, since the great earthquake in eastern Japan in 2011, Japan has focused on building energy efficient smart homes and supporting devices. In Japan, home penetration for smart home applications is estimated to be around 13% in 2020.
The lack of operational protocols and standard electrical interfaces has already hampered the growth of the smart home market. The Ministry of Commerce, Economy and Industry, in collaboration with the JSCA (Japan Smart Community Alliance), has designated the ECHONET Lite protocol from the ECHONET Consortium as the country recommended standard for HEMS equipment.
The growth of the smart home market is attributed to such factors as the significant growth of the IoT market, the cost-cutting measures enabled by home automation systems, the large number of manufacturers expanding their product portfolio and the growing importance of home monitoring from remote locations. With the growing demand for smart home devices, security and privacy breaches are also increasing. Privacy and security breach issues are holding back the growth of the smart home market.
Impact of COVID-19 on the Japanese smart home market
The COVID-19 outbreak has become a global stress test. As the number of people infected with the virus continues to rise around the world, uncertainties about global economic growth are increasing. The COVID-19 disease has infected an estimated 203 million people worldwide. Worldwide, the death toll has reached 4,295,767 according to the latest statistics from Worldometers (as of August 7, 2021). In Japan, the COVID-19 disease has infected approximately 1,001,281 people and the death toll has reached 15,255. The number continues to grow and the duration of the pandemic is still difficult to predict. The home automation market has grown at a rapid pace in recent years, a trend that has been partially accelerated by COVID-19 and the fact that people have been forced to spend more time at home due to the lockdown measures. . The burden of household chores has increased during COVID-19, and smart devices that help people save time will benefit. In addition, the accessibility of smart home devices has increased significantly, owing to the continued growth in broadband penetration among Japanese households, as well as the continued increase in the number of people owning smartphones.
By Application Areas – Japanese Smart Home Market Analysis
â¢ Smart devices have captured maximum share of the Japanese smart home market. Smart devices are the next generation of home appliances that have the ability to receive, interpret, and act on a signal received from a user, and then automatically adjust their operation to save energy.
â¢ Control and Connectivity is the second largest application segment in the Japanese smart home market, followed by security applications in third place. Control and connectivity are at the heart of smart home solutions, enabling everything from smart devices to lighting, from temperature control to security.
â¢ The energy management app has captured the least share of the Japanese smart home market.
By Application Areas – Japan Smart Home Analysis of Active Households
â¢ The control and connectivity segment captured the highest share of Japanese active smart home households in 2020, followed by the home entertainment and smart devices segment.
â¢ The growth of home automation and the rapid developments in smart wireless technology has led to an explosion in the range of smart home entertainment devices, thus stimulating the smart home market.
â¢ The energy management app captured the smallest share of active Smart Home households in 2020. As the trend towards home automation and smart homes grows, the market will experience significant growth.
By Product Type – Japanese Smart Home Market Analysis
â¢ The size of the Japanese smart speaker market is expected to quadruple by 2027. The major players in the Japanese smart speaker market are currently; Google, Amazon and LINE.
â¢ The interactive security system held the second largest share of the Japanese smart home market in 2020.
â¢ The growing importance of smart home security devices for full household control and access via remote control is generating higher demand for surveillance cameras.
â¢ Smart thermostats are used in smart homes to control temperature and humidity and allow the intake of fresh air; they help maintain the air quality in a smart home.
â¢ One of the recent trends seen in the video doorbell market is the growing adoption of smart video doorbells (ie wirelessly connected video doorbells).
â¢ Smart door locks have been in great demand in the residential area of ââJapan.
The research report titled “Japan Smart Home Market (by Application Areas and Product Segment), Number, Household Penetration, Impact of COVID-19, Policies, Trends and Key Company Profiles – Forecast Through 2027 ‘provides a comprehensive assessment of the rapidly changing, high-growth Japanese smart home industry.
This 157-page report with 75 figures and 6 tables was analyzed from 10 points of view:
1. Japan Smart Home Market, Volume, Household Penetration and Forecast (2015 – 2027)
2. Impact of COVID-19 on the Japanese smart home market
3. By Application Areas – Japan Smart Home Market Share Analysis (2015 – 2027)
4. By Product Segment – Japan Smart Home Market Share Analysis (2015 – 2027)
5. By application area – Share of active households in Japan for smart homes (2015 – 2027)
6. By Application Areas – Japan Smart Home Market, Number of Active Households and Household Penetration (2015 – 2027)
7. By Product Segment – Japanese Smart Home Market Analysis (2015 – 2027)
8. Japan’s National Smart Home Standardization Policy
9. Japan Smart Home Market – Key Company Profiles
10. Japan Smart Home Market – Growth Drivers and Challenges
Japanese Smart Home Market – Areas of Application
1. Control and connectivity (home automation)
2. Comfort and lighting (home automation)
3. Home entertainment
4. Smart devices
5. Energy management
6. Security application
Japan Smart Home Market – By Product Type
1. Smart speaker
2. Interactive security system
3. Smart thermostat
4. Surveillance camera
5. Video doorbell
6. Smart bulb
7. Motion sensor
8. Smart light switch
9. Door / window sensor
10. Smart door lock
11. Smart plug
12. Smart smoke detector
13. Garage door opener
14. Smart electrical outlet
Japanese Smart Home Market – Key Company Profiles
â¢ Company Panasonic
â¢ Sony Corporation
â¢ Secual Inc
â¢ Connected Design Inc
â¢ Company Panasonic
â¢ Sony Corporation
â¢ Secual Inc
â¢ Connected Design Inc
Read the full report: https://www.reportlinker.com/p06131705/?utm_source=GNW
On Report link
ReportLinker is an award winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
CONTACT: Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001