Revenue in the Comfort & Lighting segment is projected to reach US$10.59bn in 2022.
Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 13.80%, resulting in a projected market volume of US$17.76bn by 2026.
In the Comfort & Lighting segment, the number of active households is expected to amount to 387.5m users by 2026.
Household penetration will be 6.6% in 2022 and is expected to hit 16.9% by 2026.
The average revenue per installed Smart Home currently is expected to amount to US$73.89.
A global comparison reveals that most revenue is generated in the United States (US$3,203.00m in 2022).
The Smart Home segment Comfort & Lighting includes devices for the improvement of the living atmosphere. These are devices such as sensors and actuators (e.g. door and window sensors, shutters) as well as connected and remote controllable light sources (smart bulbs) or garage door controls. Programmable or controllable power sockets are not included (see Control & Connectivity).
Digitally connected and controlled devices for living atmosphere improvement
Window/door sensors, shading devices, garage door controls
Control buttons, gateways/hubs
B2B/C2C sales of any kind (e.g. to hotels or office buildings)