Global Smart Home Automation Market Size, Share & Industry Trends Analysis Report By Component (Hardware, Software and Services), By Application, By Technology (Wireless, Cellular and Others), By Regional Outlook and Forecast, 2022 - 2028

Global Smart Home Automation Market Size, Share & Industry Trends Analysis Report By Component (Hardware, Software and Services), By Application, By Technology (Wireless, Cellular and Others), By Regional Outlook and Forecast, 2022 - 2028

The Global Smart Home Automation Market size is expected to reach $187.8 billion by 2028, rising at a market growth of 15.2% CAGR during the forecast period.

Any collection of gadgets, systems, or appliances that are connected to a single network and may operate independently and from a distance are referred to smart home automation. A connected home is a more general term for a home's technology when it functions as one system. As an illustration, the home's thermostat, lighting, audio speakers, security cameras, TVs, locks, appliances, and more are all interconnected into a single system that can be managed from a smartphone or via a mobile touch screen device.

Users can access high-tech functionality and elegance that was not previously feasible owing to smart home automation. The potential for consumers' smart home automation to improve quality of life would grow as technological advancement continues. The term home automation describes the automatic as well as electronic management of functions, activities, and equipment in a home. It means users can simply control the appliances and features in the house online to increase convenience, improve security, and even reduce household expenses.

A network of communication, hardware and electronic interfaces called home automation connects commonplace devices to one another over the Internet. Whether the user is at home or away, they can control any gadget through either a smartphone or a tablet because they all have sensors and are Wi-Fi connected. It allows users to manage a lot of functions, including turning on the lights, locking a door, or even managing the temperature of their home.

Moreover, convenience is a major consideration in the context of smart home automation. A huge advance in technology and home management is being able to keep everything connected through a single interface. Essentially, all a user needs to do to access innumerable features and devices across the smart home is to learn the operation and the utilization of a single app on any smartphone or tablet. Smart home automation technology has a very low learning curve, which allows users of every age group to access this technology. This is making it significantly popular all over the world.

COVID-19 Impact Analysis

Due to an uncertain supply chain, the production of products and gadgets for home automation initially decreased significantly due to the unavailability of input products or raw materials. Additionally, the proportion of spending on smart devices declined as a result of the economic crisis. The restrictions on staying at home to minimize the diffusion of the infection, however, drove up internet demand steadily. As a result, there is now more demand for smart TVs, voice-activated streaming sticks, smart set-top boxes, and other gadgets. The demand for effective home energy-saving smart devices to track energy usage and lower utility costs has increased as a result of the economic crisis during the pandemic.

Market Growth Factors

Enhanced Safety And Security Of The House

Smart homes are capable of completing sophisticated tasks, such as automatically illuminating evacuation routes in the event of a fire alarm in addition to basic tasks, like closing curtains. Security cameras, utility meters, and thermostats are just a few examples of household appliances that now have connectivity as a high-end novelty. The trend of connectedness is anticipated to spread over the coming years to the point where it practically permeates every appliance and piece of equipment in a home. But one of the major benefits of employing a smart home automation system is that it allows the user to remotely monitor their entire house.

Integration Of Plc Technology Into Smart Homes

Data is transmitted across electrical power lines in a process known as power line communication. The use of the same lines to transmit data and transmit 110V/240V, and 50Hz/60Hz signals avoids the need for separate networks for power and data. As a result, there is more flexibility and a reduction in installation and retrofitting expenses. The adoption of smart home goods that can operate at the touch of a button is being fueled by the quick spread of gadgets and smartphones as well as technological breakthroughs in power line technology.

Market Restraining Factors

Compatibility Challenges And Interoperability Issues

The market for smart homes is incredibly fragmented. Many players are now creating various systems using various technologies. Devices built by the same manufacturer or vendor are simple to integrate and connect, but linking systems created by various manufacturers or vendors is complex and challenging and can also lead to unreliable services, limited functionality, and incompatibility problems. Compatibility problems with different devices pose a hindrance to the development of this sector. End users, therefore, frequently install devices that can only be managed through the manufacturer's app.

Component Outlook

Based on the Component, the Smart Home Automation Market is segmented into Hardware, Software, and Service. In 2021, the hardware segment acquired the largest revenue share of the smart home automation market. The growth of this segment of the market is primarily driven by the rising need for energy-efficient lighting systems as well as other home automation solutions.

Technology Outlook

On the basis of Technology, the Smart Home Automation Market is segregated into Cellular, Wireless, and Others. In 2021, the wireless segment witnessed the highest revenue share of the smart home automation market. Wireless technology is becoming more often used in smart home automation systems since it is less intrusive, requires less setup cost, and is easier to operate. While there is a growing need for technologically advanced solutions, there is also a growing desire for cost-effective solutions.

Application Outlook

By Application, the Smart Home Automation Market is divided into Security, Lighting, Entertainment, HVAC & Energy Management, and Smart Kitchen. In 2021, the smart kitchen segment recorded a significant revenue share of the smart home automation market. The rising growth of the segment is majorly attributed to the fact that smart kitchen significantly streamlines several kitchen works. It allows the user to operate and adjust microwave as well as induction stoves through voice commands.

Regional Outlook

Region-Wise, the Smart Home Automation Market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2021, North America held the largest revenue share of the smart home automation market. A huge consumer base along with prominent manufacturers within the region are complementing the growth of the regional smart home automation market. Moreover, various regional countries, like the United States, are early adopters of advanced and cutting-edge technologies.

The major strategies followed by the market participants are Acquisition. Based on the Analysis presented in the Cardinal matrix; Siemens AG, Honeywell International, Inc., ABB Group and Schneider Electric SE are the forerunners in the Smart Home Automation Market. Companies such as Leviton Manufacturing Co., Inc., Johnson Controls International PLC, Legrand S.A., Crestron Electronics, Inc.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Siemens AG, Schneider Electric SE, Johnson Controls International PLC, Honeywell International, Inc., Leviton Manufacturing Co., Inc., Legrand S.A., Crestron Electronics, Inc., Ingersoll Rand, Inc., and Lutron Electronics Co., Inc.

Recent Strategies Deployed in Smart Home Automation Market

Partnership, Collaboration and Agreement:

Apr-2022: ABB teamed up with Samsung, a South Korean multinational manufacturing conglomerate. This partnership aimed to accelerate the development of energy savings and energy management technologies along with the smart IoT connection for both commercial and residential buildings. Moreover, under this partnership, Samsung would also bolster ABB’s strategy to connect buildings to agnostic and open solutions.

May-2021: Johnson Controls entered into a partnership with DigiCert, a digital certificate services and PKI solutions provider. This partnership aimed to offer secure and trusted connectivity to its customers for smart building technology. Moreover, this partnership would significantly reduce the risk of expensive operational interruptions caused by cyber-attacks.

Oct-2020: Schneider partnered with SolarEdge Technologies, a developer of solar inverters for photovoltaic arrays. With this partnership, the companies aimed to comply with the changing demands of consumers while also complementing the mutual vision of the companies to build a sustainable and all-electric new energy world.

Sep-2020: Siemens extended its partnership with Atos, a leader in digital transformation. This extended partnership aimed to expedite Siemens's transformation as well as complement its digital strategic objectives.

Product Launch and Product Expansion:

Jun-2022: Leviton launched the Decora Smart Wi-Fi 2nd Gen Scene Controller Switch, the latest HomeKit accessory of the company. The new product aimed to offer one-touch control to users for their HomeKit scenes as well as various smart lights along with other devices. In addition, the new Decora Smart 4 Button Controller would not require a hub or bridge to operate.

May-2022: Leviton released Decora Smart No-Neutral Switch, Decora Smart Wi-Fi 2nd Gen Motion Sensing Dimmer, and Decora Smart Wi-Fi 2nd Gen Tamper-Resistant Outlet, an addition to its Decora Smart product line. The new products comprise identical core features, including remote control, and the ability to create and manage to schedule.

May-2021: Siemens launched the new KNX Touch Control TC5 room operator unit. The new solution makes passive buildings adaptive, bolstering smart building technologies' evolution. Moreover, the new solution encompasses all applications, such as switching, color, dimming, and color temperature control, virtually. Furthermore, the new solution can also control HVAC operations, like air conditioning and ventilation.

Apr-2021: Crestron, unveiled Horizon Thermostat. The new product comprises the ability to pair two wires and flawlessly connect to home Wi-Fi networks. The new solution is also compatible with retrofit applications without any common wire when connected with the Crestron Common Wire Adapter accessory.

Mar-2020: ABB released ABB-free@home flex. The new product aimed to provide wireless control to users over lights and blinds through a mobile device. Moreover, the new free@home increases comfort while also aiding users in managing their energy consumption.

Feb-2020: Honeywell launched Honeywell Forge Energy Optimization, a cloud-based closed-loop, and machine learning solution. Through this launch, the company aimed to revolutionize building operations to its maximum capabilities through a strong engineering team as well as regulations they code within their building management systems.

Acquisition, Joint Venture and Merger:

Jul-2022: Johnson Controls took over Tempered Networks, a zero-trust cybersecurity provider. Through this acquisition, the company aimed to gain the capability to offer zero trust security for its OpenBlue secure communications stack customers in order to accelerate its strategy to enable fully autonomous buildings significantly resilient to cyber-attacks.

Dec-2021: Honeywell took over US Digital Designs, an Ariz-based company. With this acquisition, the company aimed to expand its range of public safety communication solutions in order to offer better situational awareness for building emergencies along with enhanced life safety.

Sep-2020: Leviton acquired Berk-Tek, a leader in manufacturing fiber-optic and copper network cabling. This acquisition aimed to strengthen Leviton as a single-source end-to-end systems producer. Moreover, with this addition, the company aimed to offer end-to-end system solutions to its customers through full integration within manufacturing, engineering, and network expertise.

Aug-2020: Johnson Controls acquired Qolsys, a leader in commercial and residential security and smart-home solutions. This acquisition would allow Johnson Controls to gain operational efficiencies while scaling across markets all over the world. Moreover, this acquisition would also improve the products and services portfolio of Johnson's OpenBlue digital platform.

Mar-2020: ABB completed its acquisition of Cylon, a smart energy management company. This acquisition aimed to expand ABB's commercial building solutions offerings with an increased focus on delivering energy-optimization innovations.

Mar-2020: Legrand took over Focal Point, an architectural lighting products manufacturer. Through this partnership, the company aimed to expand its portfolio along with its capacity to enter new markets and customers.

Scope of the Study

Market Segments covered in the Report:

By Component

  • Hardware
  • Software
  • Services
By Application
  • Entertainment
  • Lighting
  • Security
  • HVAC & Energy Management
  • Smart Kitchen
By Technology
  • Wireless
  • Cellular
  • Others
By Geography
  • North America
US

Canada

Mexico

Rest of North America
  • Europe
Germany

UK

France

Russia

Spain

Italy

Rest of Europe
  • Asia Pacific
China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific
  • LAMEA
Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled
  • ABB Group
  • Siemens AG
  • Schneider Electric SE
  • Johnson Controls International PLC
  • Honeywell International, Inc.
  • Leviton Manufacturing Co., Inc.
  • Legrand S.A.
  • Crestron Electronics, Inc.
  • Ingersoll Rand, Inc.
  • Lutron Electronics Co., Inc.
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Smart Home Automation Market, by Component
1.4.2 Global Smart Home Automation Market, by Application
1.4.3 Global Smart Home Automation Market, by Technology
1.4.4 Global Smart Home Automation Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisition and Mergers: 2018, Apr – 2022, Jul) Leading Players
Chapter 4. Global Smart Home Automation Market by Component
4.1 Global Hardware Market by Region
4.2 Global Software Market by Region
4.3 Global Services Market by Region
Chapter 5. Global Smart Home Automation Market by Application
5.1 Global Entertainment Market by Region
5.2 Global Lighting Market by Region
5.3 Global Security Market by Region
5.4 Global HVAC & Energy Management Market by Region
5.5 Global Smart Kitchen Market by Region
Chapter 6. Global Smart Home Automation Market by Technology
6.1 Global Wireless Market by Region
6.2 Global Cellular Market by Region
6.3 Global Others Market by Region
Chapter 7. Global Smart Home Automation Market by Region
7.1 North America Smart Home Automation Market
7.1.1 North America Smart Home Automation Market by Component
7.1.1.1 North America Hardware Market by Country
7.1.1.2 North America Software Market by Country
7.1.1.3 North America Services Market by Country
7.1.2 North America Smart Home Automation Market by Application
7.1.2.1 North America Entertainment Market by Country
7.1.2.2 North America Lighting Market by Country
7.1.2.3 North America Security Market by Country
7.1.2.4 North America HVAC & Energy Management Market by Country
7.1.2.5 North America Smart Kitchen Market by Country
7.1.3 North America Smart Home Automation Market by Technology
7.1.3.1 North America Wireless Market by Country
7.1.3.2 North America Cellular Market by Country
7.1.3.3 North America Others Market by Country
7.1.4 North America Smart Home Automation Market by Country
7.1.4.1 US Smart Home Automation Market
7.1.4.1.1 US Smart Home Automation Market by Component
7.1.4.1.2 US Smart Home Automation Market by Application
7.1.4.1.3 US Smart Home Automation Market by Technology
7.1.4.2 Canada Smart Home Automation Market
7.1.4.2.1 Canada Smart Home Automation Market by Component
7.1.4.2.2 Canada Smart Home Automation Market by Application
7.1.4.2.3 Canada Smart Home Automation Market by Technology
7.1.4.3 Mexico Smart Home Automation Market
7.1.4.3.1 Mexico Smart Home Automation Market by Component
7.1.4.3.2 Mexico Smart Home Automation Market by Application
7.1.4.3.3 Mexico Smart Home Automation Market by Technology
7.1.4.4 Rest of North America Smart Home Automation Market
7.1.4.4.1 Rest of North America Smart Home Automation Market by Component
7.1.4.4.2 Rest of North America Smart Home Automation Market by Application
7.1.4.4.3 Rest of North America Smart Home Automation Market by Technology
7.2 Europe Smart Home Automation Market
7.2.1 Europe Smart Home Automation Market by Component
7.2.1.1 Europe Hardware Market by Country
7.2.1.2 Europe Software Market by Country
7.2.1.3 Europe Services Market by Country
7.2.2 Europe Smart Home Automation Market by Application
7.2.2.1 Europe Entertainment Market by Country
7.2.2.2 Europe Lighting Market by Country
7.2.2.3 Europe Security Market by Country
7.2.2.4 Europe HVAC & Energy Management Market by Country
7.2.2.5 Europe Smart Kitchen Market by Country
7.2.3 Europe Smart Home Automation Market by Technology
7.2.3.1 Europe Wireless Market by Country
7.2.3.2 Europe Cellular Market by Country
7.2.3.3 Europe Others Market by Country
7.2.4 Europe Smart Home Automation Market by Country
7.2.4.1 Germany Smart Home Automation Market
7.2.4.1.1 Germany Smart Home Automation Market by Component
7.2.4.1.2 Germany Smart Home Automation Market by Application
7.2.4.1.3 Germany Smart Home Automation Market by Technology
7.2.4.2 UK Smart Home Automation Market
7.2.4.2.1 UK Smart Home Automation Market by Component
7.2.4.2.2 UK Smart Home Automation Market by Application
7.2.4.2.3 UK Smart Home Automation Market by Technology
7.2.4.3 France Smart Home Automation Market
7.2.4.3.1 France Smart Home Automation Market by Component
7.2.4.3.2 France Smart Home Automation Market by Application
7.2.4.3.3 France Smart Home Automation Market by Technology
7.2.4.4 Russia Smart Home Automation Market
7.2.4.4.1 Russia Smart Home Automation Market by Component
7.2.4.4.2 Russia Smart Home Automation Market by Application
7.2.4.4.3 Russia Smart Home Automation Market by Technology
7.2.4.5 Spain Smart Home Automation Market
7.2.4.5.1 Spain Smart Home Automation Market by Component
7.2.4.5.2 Spain Smart Home Automation Market by Application
7.2.4.5.3 Spain Smart Home Automation Market by Technology
7.2.4.6 Italy Smart Home Automation Market
7.2.4.6.1 Italy Smart Home Automation Market by Component
7.2.4.6.2 Italy Smart Home Automation Market by Application
7.2.4.6.3 Italy Smart Home Automation Market by Technology
7.2.4.7 Rest of Europe Smart Home Automation Market
7.2.4.7.1 Rest of Europe Smart Home Automation Market by Component
7.2.4.7.2 Rest of Europe Smart Home Automation Market by Application
7.2.4.7.3 Rest of Europe Smart Home Automation Market by Technology
7.3 Asia Pacific Smart Home Automation Market
7.3.1 Asia Pacific Smart Home Automation Market by Component
7.3.1.1 Asia Pacific Hardware Market by Country
7.3.1.2 Asia Pacific Software Market by Country
7.3.1.3 Asia Pacific Services Market by Country
7.3.2 Asia Pacific Smart Home Automation Market by Application
7.3.2.1 Asia Pacific Entertainment Market by Country
7.3.2.2 Asia Pacific Lighting Market by Country
7.3.2.3 Asia Pacific Security Market by Country
7.3.2.4 Asia Pacific HVAC & Energy Management Market by Country
7.3.2.5 Asia Pacific Smart Kitchen Market by Country
7.3.3 Asia Pacific Smart Home Automation Market by Technology
7.3.3.1 Asia Pacific Wireless Market by Country
7.3.3.2 Asia Pacific Cellular Market by Country
7.3.3.3 Asia Pacific Others Market by Country
7.3.4 Asia Pacific Smart Home Automation Market by Country
7.3.4.1 China Smart Home Automation Market
7.3.4.1.1 China Smart Home Automation Market by Component
7.3.4.1.2 China Smart Home Automation Market by Application
7.3.4.1.3 China Smart Home Automation Market by Technology
7.3.4.2 Japan Smart Home Automation Market
7.3.4.2.1 Japan Smart Home Automation Market by Component
7.3.4.2.2 Japan Smart Home Automation Market by Application
7.3.4.2.3 Japan Smart Home Automation Market by Technology
7.3.4.3 India Smart Home Automation Market
7.3.4.3.1 India Smart Home Automation Market by Component
7.3.4.3.2 India Smart Home Automation Market by Application
7.3.4.3.3 India Smart Home Automation Market by Technology
7.3.4.4 South Korea Smart Home Automation Market
7.3.4.4.1 South Korea Smart Home Automation Market by Component
7.3.4.4.2 South Korea Smart Home Automation Market by Application
7.3.4.4.3 South Korea Smart Home Automation Market by Technology
7.3.4.5 Singapore Smart Home Automation Market
7.3.4.5.1 Singapore Smart Home Automation Market by Component
7.3.4.5.2 Singapore Smart Home Automation Market by Application
7.3.4.5.3 Singapore Smart Home Automation Market by Technology
7.3.4.6 Malaysia Smart Home Automation Market
7.3.4.6.1 Malaysia Smart Home Automation Market by Component
7.3.4.6.2 Malaysia Smart Home Automation Market by Application
7.3.4.6.3 Malaysia Smart Home Automation Market by Technology
7.3.4.7 Rest of Asia Pacific Smart Home Automation Market
7.3.4.7.1 Rest of Asia Pacific Smart Home Automation Market by Component
7.3.4.7.2 Rest of Asia Pacific Smart Home Automation Market by Application
7.3.4.7.3 Rest of Asia Pacific Smart Home Automation Market by Technology
7.4 LAMEA Smart Home Automation Market
7.4.1 LAMEA Smart Home Automation Market by Component
7.4.1.1 LAMEA Hardware Market by Country
7.4.1.2 LAMEA Software Market by Country
7.4.1.3 LAMEA Services Market by Country
7.4.2 LAMEA Smart Home Automation Market by Application
7.4.2.1 LAMEA Entertainment Market by Country
7.4.2.2 LAMEA Lighting Market by Country
7.4.2.3 LAMEA Security Market by Country
7.4.2.4 LAMEA HVAC & Energy Management Market by Country
7.4.2.5 LAMEA Smart Kitchen Market by Country
7.4.3 LAMEA Smart Home Automation Market by Technology
7.4.3.1 LAMEA Wireless Market by Country
7.4.3.2 LAMEA Cellular Market by Country
7.4.3.3 LAMEA Others Market by Country
7.4.4 LAMEA Smart Home Automation Market by Country
7.4.4.1 Brazil Smart Home Automation Market
7.4.4.1.1 Brazil Smart Home Automation Market by Component
7.4.4.1.2 Brazil Smart Home Automation Market by Application
7.4.4.1.3 Brazil Smart Home Automation Market by Technology
7.4.4.2 Argentina Smart Home Automation Market
7.4.4.2.1 Argentina Smart Home Automation Market by Component
7.4.4.2.2 Argentina Smart Home Automation Market by Application
7.4.4.2.3 Argentina Smart Home Automation Market by Technology
7.4.4.3 UAE Smart Home Automation Market
7.4.4.3.1 UAE Smart Home Automation Market by Component
7.4.4.3.2 UAE Smart Home Automation Market by Application
7.4.4.3.3 UAE Smart Home Automation Market by Technology
7.4.4.4 Saudi Arabia Smart Home Automation Market
7.4.4.4.1 Saudi Arabia Smart Home Automation Market by Component
7.4.4.4.2 Saudi Arabia Smart Home Automation Market by Application
7.4.4.4.3 Saudi Arabia Smart Home Automation Market by Technology
7.4.4.5 South Africa Smart Home Automation Market
7.4.4.5.1 South Africa Smart Home Automation Market by Component
7.4.4.5.2 South Africa Smart Home Automation Market by Application
7.4.4.5.3 South Africa Smart Home Automation Market by Technology
7.4.4.6 Nigeria Smart Home Automation Market
7.4.4.6.1 Nigeria Smart Home Automation Market by Component
7.4.4.6.2 Nigeria Smart Home Automation Market by Application
7.4.4.6.3 Nigeria Smart Home Automation Market by Technology
7.4.4.7 Rest of LAMEA Smart Home Automation Market
7.4.4.7.1 Rest of LAMEA Smart Home Automation Market by Component
7.4.4.7.2 Rest of LAMEA Smart Home Automation Market by Application
7.4.4.7.3 Rest of LAMEA Smart Home Automation Market by Technology
Chapter 8. Company Profiles
8.1 ABB Group
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Siemens AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.6 SWOT Analysis
8.3 Schneider Electric SE
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.6 SWOT Analysis
8.4 Johnson Controls International PLC
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental & Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.5 Honeywell International, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Acquisition and Mergers:
8.5.6 SWOT Analysis
8.6 Leviton Manufacturing Co., Inc.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Product Launches and Product Expansions:
8.6.2.2 Acquisition and Mergers:
8.7 Legrand S.A.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 Crestron Electronics, Inc.
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Product Launches and Product Expansions:
8.9 Ingersoll Rand, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.10. Lutron Electronics Co., Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Acquisition and Mergers:

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