Due to the incorporation of these products and services as a part of lifestyle and a high acceptance rate of sophisticated technology, home automation has gained popularity in industrialised countries over the last decade is further contributing the growth of the market. It is now big business. In fact, it is huge in terms of usage in the UK as a whole. This is for sure likely to be and become something of a growth market in time now to come.
Connected homes, automated systems and new technology are helping people create ecosystems within their homes to solve new challenges. The rise of automated homes in the UK is plain to see. The Smart home market revenue amounted to US$1.9 billion for 2017 and 5 years on this is on the rise still and will be on the rise as we head on in to 2023. The technology is so advanced that this is a key driver. Crestron, Control4 and other major brands have seen a surge in demand.
What key surveys have been able to pick up on
There’s mixed news when it comes to the adoption of smart home technology. Gartner conducted a survey across 10,000 consumers in the UK, US and Australia and found that there has not been widespread adoption outside of a certain category of people whom you could call “early adopters.” They found that 10% of homes across the entire region surveyed had connected solutions, while three-quarters reported they were quite happy to manually set temperature and lighting. 58% even said they preferred each device to be independent from one another.
This could be great for electricians and contractors in general
What does all of this add up to for electrical contractors? While uptake of smart home technology may be a little slower than anticipated, it is still a growing sector and there is opportunity for the company that has up skilled their personnel for installation of smart tech. Instead of focusing on the gimmicky aspects, such as how many things you can switch on and off from the couch, we’d see opportunity in finding and marketing to the true value for customers. Identify the real problems they have that smart home technology can help to resolve. Such as reducing energy usage or improving accessibility. If you look at the market, there are a number of specialist Control4 and Crestron Installers all working with their own set brands.
Home Automation – an overview of what this is
Home automation is the process of using technology to connect home appliances and devices to perform actions autonomously. The development over time in recent times of these home automation devices has been called IoT (internet of things). This is what allows for your home appliances to become interconnected. Also to be connected to the internet allowing for unified control of these devices. In detail, this is done through and via through apps, voice assistants and automation software. We have seen many devices developed over the last few years that will enable your home to become connected, these include:
- Lights, the lights in your house can become connected and be easily controlled by voice assistants, controls, and apps. You have full control over the colour, brightness and even timings.
- Blinds/Curtains. Automatically opening and closing blinds and curtains allows for the user to have hard to reach windows, like sky-lights, covered when required.
- Doors/Security. Security is one of the significant factors when it comes to your home. There have been significant developments in security devices. They keep your home secure, through smart doors, doorbells and even CCTV systems.
The market as it is is predicted to reach USD 210.15 billion by 2030 with a CAGR of 10.7% from 2022-2030. Home automation also known as smart home, is an automation system, which provides access to control appliances such as alarm systems, electrical outlets, lights, fans, and others, using a smartphone. In this system, the primary focus is on home security. Also on safety, and surveillance. This includes smart locks’ systems for windows and doors, fire alarms, surveillance cameras, and other sensors. In time to come, most properties for sale will be smart in some type of way.