Japan Smart Home Market, Volume, Household Penetration and Key Company Analysis to 2024: Ken Research

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The report titled “Japan Smart Home Market, Volume, Household Penetration & Key Company Analysis-Forecast to 2024”, provides a comprehensive analysis of smart home market in Japan. This report covers awareness of home monitoring, leading players, cost of smart appliances, applications issues related to automation, growth, IoT and continuing growth over the coming years.

Industry Overview: Smart home is also known as home automation or smart house. Smart home involves the control and automation of lighting, heating, ventilation, air conditioning, security, washer or dryers, ovens or refrigerators or freezers. All the smart home devices are remotely monitored and controlled using Wi-Fi which is the important constituents of the Internet of Things. A central hub known as gateway is installed to control the switches and sensors with a user interface. This user interface is either a wall-mounted terminal or mobile phone software or via tablet or a web interface but not always via Internet cloud services. Majority of the Japan’s landscape is covered with mountains that leave a minimum area for construction of homes for the Japanese population. Therefore, Japan provides vast development opportunities for electronic manufactures, house builders, housing equipment maker and communication manufacturers. Majority of the Japanese reside in the cities with advanced facilities. Also, the rapid urbanization has boosted the smart homes market in Japan.

Technological Advancements: The technological advancement in Japan has encouraged the development of energy efficient smart homes and supportive devices. It was observed that there is a common ECHONET standard established by the Japanese government for all the smart home equipment to avoid any integration issues. This trend has boosted the smart home market in Japan is expected to continuing growing rapidly over the near future. Home automation and energy management are the primary focus area for the Japanese government due to the continuing earthquakes. Almost all the home automation devices available in Japan are to assist the ageing population in various ways. Earlier, the lack of standard operational protocols and electrical interfaces has previously hampered the growth of smart home market.

Major Players in Smart Home Market: The smart home market in Japan is divided into categories such as Home Entertainment, Ambient Assisted Living (AAL), Energy Management, Home Security and Home Automation. Smart homes are also categorized based on the applications such as control and connectivity (Home Automation), comfort and lighting (Home Automation), home entertainment, smart appliances, energy management and security application. The leading players in Japan smart home are Panasonic Corporation, Secual Inc, Connected Design Inc, iTSCOM and Sony Corporation. Home Entertainment is categorized as the second largest application of Japan smart home followed by Control and Connectivity segment. Security application ranks fourth in the Japan smart home market.

Way Forward for Smart Home Market: The rapid development in Internet of Things market, cost reduction in home automation systems, increasing leading players in the market, and increasing awareness of home monitoring from remote locations are the major factors driving the smart home market in Japan. The increase in security and privacy breach has led to a huge demand and also a decline in the smart home devices market in Japan over the coming years.

Key Topics Covered in the Report:

Japan Smart Home Market Research Report

Japan Smart Home Market Analysis

Major Players in Japan Smart Home

Japan Smart Home Market Growth

Growing Adoption of Smart Home Appliances Japan

Japan Smart Home Market Research Outlook

Technological Developments in Japan Smart Home

Future Outlook of Japan Smart Home Market

Japanese Smart Home Key Players

Japan National Smart Home Standardization Policy

Japan Smart Home Market Applications

Internet of Things Technology in Japan

Home Entertainment Devices Market Japan

Smart appliances Market in Japan

To know more, click on the link below:

https://www.kenresearch.com/manufacturing-and-construction/real-estate/japan-smart-home-market-volume-household-penetration-key-company-analysis/142619-97.html

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Ken Research

Ankur Gupta, Head Marketing & Communications

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+91-124-4230204

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