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Base Year: 2024
Companies covered: 23
Tables & Figures: 320
Countries covered: 19
Pages: 180
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Residential Building Automation Systems Market
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Residential Building Automation Systems Market Size
The global residential building automation systems market size was valued at USD 29.2 billion in 2024. The market is expected to grow from USD 32.7 billion in 2025 to USD 58.1 billion by 2030 and USD 93.4 billion by 2034, growing at a CAGR of 12.4% during the forecast period 2025 to 2034.
Residential Building Automation Systems Market Trends
Residential Building Automation Systems Market Analysis
On the basis of communication technology, the market is divided into wired and wireless.
Based on the installation, the residential building automation systems market is divided into new installation and retrofit/upgrade.
On the basis of system type, the residential building automation systems market is divided into energy management systems (EMS), lighting control systems, HVAC control systems, security & access control systems, fire & safety systems, smart appliances, and others.
North America held the largest residential building automation systems market share of 34.3% in 2024, because of large-scale smart home technology adoption and strict energy efficiency regulations. Growth in LEED-certified residential buildings continues to drive demand for building automation systems, further increasing North America's market leadership.
Europe accounted for 28.1% of the residential building automation systems market in 2024, propelled by strict environmental regulations and widespread adoption of energy-efficient technologies. Strong government initiatives promoting green buildings and smart city projects contribute to steady growth.
The Asia-Pacific region is the fastest growing in the residential building automation systems market with a CAGR of 15% during the forecast period. Urban population growth, rising disposable incomes, and the growing adoption of smart home technology are the main drivers of this expansion. Government programs to promote energy efficiency and create smart infrastructure also contributed to the growth of the market.
Latin America held 4.7% market share in 2024. Growing investments in smart city projects and rising demand for retrofit solutions are expected to drive market growth supported by gradual urbanization and increasing awareness of energy efficiency in residential buildings.
Middle East and Africa are projected to grow at a CAGR of 10.2% during the forecast period owing to increasing urbanization and government investments in smart infrastructure. Rising demand for energy-efficient residential buildings and growing awareness about sustainability further support market growth.
Residential Building Automation Systems Market Share
Residential Building Automation Systems Market Companies
Major players operating in the residential building automation systems industry are:
Residential Building Automation Systems Market News
The residential building automation systems market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Billion) from 2021 to 2034, for the following segments:
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Market, By System Type
Market, By Communication Technology
Market, By Automation Level
Market, By Installation
The above information is provided for the following regions and countries: