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    Japan Smart Home Market, Size, Forecast 2023-2028, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis

    Excel: 8 Hours
    PDF: 24 Hours
    Feb 2023
    Pages: 155

    Japan Smart Home Market Outlook

    Japan Smart Home Market will reach US$ 17.89 Billion by 2028, growing at a CAGR of 18.32%. No other country on the earth has embraced technology as strongly as Japan. The majority of Japanese people's lives have experienced a technology boom over the past ten years. This also applies to dwellings, which have evolved from a straight forward modern concept to smart homes. It is anticipated that this demographic trend will persist and have a considerable impact on social and economic institutions. Modern building automation technology is also essential for enhancing the comfort, security, and accessibility of living for senior citizens and their families.

     

    japan-smart-home-market


    Japan Smart Home Industry was valued at US$ 6.52 Billion in 2022

    By fully exploiting technological innovation, such as IoT and AI derived from the fourth industrial revolution, Japan hopes to create "Society 5.0" in the future. The IoT market's rapid growth, numerous manufacturers expanding their product lines, cost-cutting measures made possible by home automation systems, and the growing significance of home monitoring from remote locations are some of the factors that have contributed to the growth of the smart home market in Japan. The demand for smart home technology is rising, and so are security and privacy breaches. The development of the smart home market has previously been hampered by the absence of standardized operational protocols and electrical interfaces.


    Smart Appliances will capture the Maximum Revenue Share

    Based on application, The Japan smart home market is classified into six types: Smart Appliances, Security, Home Entertainment, Energy management, Control & connectivity, and Comfort & lighting. 

    The rising number of smart homes and the growing internet penetration among users primarily drive the smart home appliances market growth. As a result, manufacturers are investing extensively to support the increasing demand from Japanese consumers for feature-loaded smart solutions. 
    Artificial intelligence (AI) significantly boosts home security and monitoring market innovation. The Japan smart home security market is expected to rise at progressive CAGR thanks to evolving consumer safety and security preferences, an increase in the penetration of connected homes, a rising high net worth population increasing consolidation of market players across the globe.


    Smart Speakers and Interactive Security Systems held the Highest Market

    Japan's smart speaker market is expected to quadruple, along with increased use of other multimedia devices equipped with intelligent voice assistants. In addition, the deployment of devices such as smart curtains, smart electric controllers, smart lights, and smart appliances such as washers, TVs, and air conditioners is also rising. 

    Japanese Smart home sectors with strong short-term development potential are lighting control systems and security. Intelligent security products include smart doorbells, smart door locks, smart cameras, human sensors, smart sensors, door and window sensors, water immersion sensors, gas leak sensors, etc. There is a demand for a safe and secure living environment, especially concerning safety functionalities and discrete monitoring for older adults. In addition, the Japanese government has recently introduced various measures to reduce energy consumption at home to promote energy conservation by the household sector.

    Global internet behemoths like Google and Amazon have introduced smart home goods designed specifically for the Japanese market. Additionally, the ubiquitous collecting of enormous amounts of customer data is made possible by the growing usage of remote control and automated services, which fascinates these digital behemoths and is another sector that will expand.


    Key Players

    Japanese market players have incorporated "Calm Technology & Design" concepts and technical competence to allow peaceful digital existence in which technology works perfectly with people. They envisage future technology as one that claims to make people happier by enhancing the humanness of human life. Some key players in the Japan Smart Home Market are Panasonic Corporation, Sony Corporation, Honeywell International Inc., Amazon.com Inc, Schneider Electric, Apple Inc., and Samsung.

    • To promote the development of smart home technologies, Samsung Electronics Co., Ltd. collaborated with the Home Connectivity Alliance in January 2022. The goal of this relationship is to add fresh and useful features to the product offerings.
    • Amazon.com, Inc. announced the release of its sound bot, wall echo, and other smart home gadgets in August 2022 as part of its yearly model upgrade. The company's goal to improve the product hardware in order to compete with other businesses is aligned with the launch.


    Renub Research report titled “Japan Smart Home Market, by Application (Energy Management, Comfort and Lighting, Home Entertainment, Control and Connectivity, Security, Smart Appliances), Products (Smart Speaker, Interactive security system, Smart thermostat, Monitoring camera, Video doorbell, Smart light bulb, Motion sensor, Smart light switch, Door/video sensor, Smart door lock, Smart plug, Smart smoke detector, Garage door opener, Smart electrical socket, Smart oven, Smart window shade/blind, Leak/moisture detector, Irrigation control system and Water shutoff system), Companies (Panasonic Corporation, Sony Corporation, Honeywell International Inc., Amazon.com Inc, Schneider Electric, Apple Inc., and Samsung)” is a market research report on smart homes market of Japan.


    japan-smart-home-market-share

    Application – Market, Number of Active Households & Households Penetration has been covered from 6 viewpoints:

    1.    Energy Management
    2.    Comfort and Lighting
    3.    Home Entertainment
    4.    Control and Connectivity
    5.    Security
    6.    Smart Appliances


    Products – Market has been covered from 15 viewpoints:

    1.    Smart Speaker
    2.    Interactive Security System
    3.    Smart Thermostat
    4.    Monitoring Camera
    5.    Video Doorbell
    6.    Smart Light Bulb
    7.    Motion Sensor
    8.    Smart Light Switch
    9.    Door/Video Sensor
    10.    Smart Door Lock
    11.    Smart Plug
    12.    Smart Smoke Detector
    13.    Garage Door Opener
    14.    Smart Electrical Socket
    15.    Smart Oven
    16.    Smart Window Shade/Blind
    17.    Leak/Moisture Detector
    18.    Irrigation Control System
    19.    Water Shutoff System


    All companies have been covered from 3 viewpoints:

    •    Overview
    •    Recent Development
    •    Revenue


    Company Insights:

    1.    Panasonic Corporation
    2.    Sony Corporation
    3.    Honeywell International Inc.
    4.    Amazon.com Inc
    5.    Schneider Electric
    6.    Apple Inc.
    7.    Samsung


    Report Details:

    Report Features Details
    Base Year 2022
    Historical Period 2018 - 2022
    Forecast Period 2023 - 2028
    Market US$ Billion
    Segment Covered Application, and Products
    Companies Covered Panasonic Corporation, Sony Corporation, Honeywell International Inc., Amazon.com Inc, Schneider Electric, Apple Inc., and Samsung
    Customization Scope 20% Free Customization
    Post-Sale Analyst Support 1 Year (52 Weeks)
    Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request)

    1.    Introduction

    2.    Research & Methodology

    3.    Executive Summary

    4.    Market Dynamics

    4.1    Growth Drivers
    4.2    Challenges


    5.    Japan Smart Home Market

    6.    Share Analysis - Japan Smart Home Market

    6.1    By Application
    6.2    By Product


    7.    Application - Japan Smart Home Market

    7.1    Energy Management
    7.2    Comfort and Lighting
    7.3    Home Entertainment
    7.4    Control and Connectivity
    7.5    Security
    7.6    Smart Appliances


    8.    Product - Japan Smart Home Market

    8.1    Smart Speaker
    8.2    Interactive Security System
    8.3    Smart Thermostat
    8.4    Monitoring Camera
    8.5    Video Doorbell
    8.6    Smart Light Bulb
    8.7    Motion Sensor
    8.8    Smart Light Switch
    8.9    Door/Video Sensor
    8.1    Smart Door Lock
    8.11    Smart Plug
    8.12    Smart Smoke Detector
    8.13    Garage Door Opener
    8.14    Smart Electrical Socket
    8.15    Smart Oven
    8.16    Smart Window Shade/Blind
    8.17    Leak/Moisture Detector
    8.18    Irrigation Control System
    8.19    Water Shutoff System


    9.    Company Analysis – Japan Smart Home Market

    9.1    Panasonic Corporation

    9.1.1    Overview
    9.1.2    Recent Development
    9.1.3    Revenue

    9.2    Sony Corporation

    9.2.1    Overview
    9.2.2    Recent Development
    9.2.3    Revenue

    9.3    Samsung

    9.3.1    Overview
    9.3.2    Recent Development
    9.3.3    Revenue

    9.4    Apple Inc.

    9.4.1    Overview
    9.4.2    Recent Development
    9.4.3    Revenue

    9.5    schneider electric

    9.5.1    Overview
    9.5.2    Recent Development
    9.5.3    Revenue

    9.6    Amazon.com Inc

    9.6.1    Overview
    9.6.2    Recent Development
    9.6.3    Revenue

    9.7    Honeywell International Inc.

    9.7.1    Overview
    9.7.2    Recent Development
    9.7.3    Revenue


    List of Figures:

    Figure-01:    Japan – Smart Home Market (Billion US$), 2018 – 2022
    Figure-02:    Japan – Forecast for Smart Home Market (Billion US$), 2023 – 2028
    Figure-03:    Application – Energy Management Market (Million US$), 2018 – 2022
    Figure-04:    Application – Forecast for Energy Management Market (Million US$), 2023 – 2028
    Figure-05:    Application – Comfort and Lighting Market (Million US$), 2018 – 2022
    Figure-06:    Application – Forecast for Comfort and Lighting Market (Million US$), 2023 – 2028
    Figure-07:    Application – Home Entertainment Market (Million US$), 2018 – 2022
    Figure-08:    Application – Forecast for Home Entertainment Market (Million US$), 2023 – 2028
    Figure-09:    Application – Control and Connectivity Market (Million US$), 2018 – 2022
    Figure-10:    Application – Forecast for Control and Connectivity Market (Million US$), 2023 – 2028
    Figure-11:    Application – Security Market (Million US$), 2018 – 2022
    Figure-12:    Application – Forecast for Security Market (Million US$), 2023 – 2028
    Figure-13:    Application – Smart Appliances Market (Million US$), 2018 – 2022
    Figure-14:    Application – Forecast for Smart Appliances Market (Million US$), 2023 – 2028
    Figure-15:    Product – Smart Speaker Market (Million US$), 2018 – 2022
    Figure-16:    Product – Forecast for Smart Speaker Market (Million US$), 2023 – 2028
    Figure-17:    Product – Interactive Security System Market (Million US$), 2018 – 2022
    Figure-18:    Product – Forecast for Interactive Security System Market (Million US$), 2023 – 2028
    Figure-19:    Product – Smart Thermostat Market (Million US$), 2018 – 2022
    Figure-20:    Product – Forecast for Smart Thermostat Market (Million US$), 2023 – 2028
    Figure-21:    Product – Monitoring Camera Market (Million US$), 2018 – 2022
    Figure-22:    Product – Forecast for Monitoring Camera Market (Million US$), 2023 – 2028
    Figure-23:    Product – Video Doorbell Market (Million US$), 2018 – 2022
    Figure-24:    Product – Forecast for Video Doorbell Market (Million US$), 2023 – 2028
    Figure-25:    Product – Smart Light Bulb Market (Million US$), 2018 – 2022
    Figure-26:    Product – Forecast for Smart Light Bulb Market (Million US$), 2023 – 2028
    Figure-27:    Product – Motion Sensor Market (Million US$), 2018 – 2022
    Figure-28:    Product – Forecast for Motion Sensor Market (Million US$), 2023 – 2028
    Figure-29:    Product – Smart Light Switch Market (Million US$), 2018 – 2022
    Figure-30:    Product – Forecast for Smart Light Switch Market (Million US$), 2023 – 2028
    Figure-31:    Product – Door/Video Sensor Market (Million US$), 2018 – 2022
    Figure-32:    Product – Forecast for Door/Video Sensor Market (Million US$), 2023 – 2028
    Figure-33:    Product – Smart Door Lock Market (Million US$), 2018 – 2022
    Figure-34:    Product – Forecast for Smart Door Lock Market (Million US$), 2023 – 2028
    Figure-35:    Product – Smart Plug Market (Million US$), 2018 – 2022
    Figure-36:    Product – Forecast for Smart Plug Market (Million US$), 2023 – 2028
    Figure-37:    Product – Smart Smoke Detector Market (Million US$), 2018 – 2022
    Figure-38:    Product – Forecast for Smart Smoke Detector Market (Million US$), 2023 – 2028
    Figure-39:    Product – Garage Door Opener Market (Million US$), 2018 – 2022
    Figure-40:    Product – Forecast for Garage Door Opener Market (Million US$), 2023 – 2028
    Figure-41:    Product – Smart Electrical Socket Market (Million US$), 2018 – 2022
    Figure-42:    Product – Forecast for Smart Electrical Socket Market (Million US$), 2023 – 2028
    Figure-43:    Product – Smart Oven Market (Million US$), 2018 – 2022
    Figure-44:    Product – Forecast for Smart Oven Market (Million US$), 2023 – 2028
    Figure-45:    Product – Smart Window Shade/Blind Market (Million US$), 2018 – 2022
    Figure-46:    Product – Forecast for Smart Window Shade/Blind Market (Million US$), 2023 – 2028
    Figure-47:    Product – Leak/Moisture Detector Market (Million US$), 2018 – 2022
    Figure-48:    Product – Forecast for Leak/Moisture Detector Market (Million US$), 2023 – 2028
    Figure-49:    Product – Irrigation Control System Market (Million US$), 2018 – 2022
    Figure-50:    Product – Forecast for Irrigation Control System Market (Million US$), 2023 – 2028
    Figure-51:    Product – Water Shutoff System Market (Million US$), 2018 – 2022
    Figure-52:    Product – Forecast for Water Shutoff System Market (Million US$), 2023 – 2028
    Figure-53:    Panasonic Corporation – Global Revenue (Billion US$), 2018 – 2022
    Figure-54:    Panasonic Corporation – Forecast for Global Revenue (Billion US$), 2023 – 2028
    Figure-55:    Sony Corporation – Global Revenue (Billion US$), 2018 – 2022
    Figure-56:    Sony Corporation – Forecast for Global Revenue (Billion US$), 2023 – 2028
    Figure-57:    Samsung – Global Revenue (Billion US$), 2018 – 2022
    Figure-58:    Samsung – Forecast for Global Revenue (Billion US$), 2023 – 2028
    Figure-59:    Apple Inc. – Global Revenue (Billion US$), 2018 – 2022
    Figure-60:    Apple Inc. – Forecast for Global Revenue (Billion US$), 2023 – 2028
    Figure-61:    schneider electric – Global Revenue (Billion US$), 2018 – 2022
    Figure-62:    schneider electric – Forecast for Global Revenue (Billion US$), 2023 – 2028
    Figure-63:    Amazon.com Inc – Global Revenue (Billion US$), 2018 – 2022
    Figure-64:    Amazon.com Inc – Forecast for Global Revenue (Billion US$), 2023 – 2028
    Figure-65:    Honeywell International Inc. – Global Revenue (Billion US$), 2018 – 2022
    Figure-66:    Honeywell International Inc. – Forecast for Global Revenue (Billion US$), 2023 – 2028


    List of Tables:

    Table-01:    Japan – Smart Home Market Share by Application (Percent), 2018 – 2022
    Table-02:    Japan – Forecast for Smart Home Market Share by Application (Percent), 2023 – 2028
    Table-03:    Japan – Smart Home Market Share by Product (Percent), 2018 – 2022
    Table-04:    Japan – Forecast for Smart Home Market Share by Product (Percent), 2023 – 2028

    • Description
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    • Chapter 1, 4 & 5     Pages : 8
      $300
    • Chapter 7     Pages : 12
      $600
    • Chapter 8     Pages : 38
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    • Chapter 9.1     Pages : 5
      $300
    • Chapter 9.2     Pages : 5
      $300
    • Chapter 9.3     Pages : 5
      $300
    • Chapter 9.4     Pages : 5
      $300
    • Chapter 9.5     Pages : 5
      $300
    • Chapter 9.6     Pages : 5
      $300
    • Chapter 9.7     Pages : 5
      $300

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