Market Share of Japan Smart Home Industry
The Japanese smart home market is fragmented. The market is highly concentrated due to the presence of various small and large players. All the major players account for a significant market share and focus on expanding the consumer base. Some of the critical players in the market are Schneider Electric SE, Emerson Electric Corporation, ABB Ltd, Honewell International Inc., and Siemens AG. Companies are increasing their market share by forming multiple collaborations, partnerships, and acquisitions and investing in introducing new products to earn a competitive edge during the forecast period.
- May 2024: Qsee announced its global expansion into the dynamic Japanese market. Owing to Japan's booming economy and tech-savvy populace, the company has an ideal platform to introduce a range of smart home solutions tailored to meet the diverse needs of consumers and businesses alike.
- February 2024: Aqara announced the debut of its Amazon brand store in Japan, which will provide a diverse range of cutting-edge smart home devices on the Amazon Marketplace.
Japan Smart Home Market Leaders
-
Schneider Electric SE
-
Emerson Electric Co.
-
ABB Ltd.
-
Honeywell International Inc.
-
Siemens AG
*Disclaimer: Major Players sorted in no particular order
