diff --git a/homeassistant/components/elgato/manifest.json b/homeassistant/components/elgato/manifest.json
index bed28364fa1..8fa937fe2c1 100644
--- a/homeassistant/components/elgato/manifest.json
+++ b/homeassistant/components/elgato/manifest.json
@@ -3,7 +3,7 @@
   "name": "Elgato Key Light",
   "config_flow": true,
   "documentation": "https://www.home-assistant.io/integrations/elgato",
-  "requirements": ["elgato==0.1.0"],
+  "requirements": ["elgato==0.2.0"],
   "dependencies": [],
   "zeroconf": ["_elg._tcp.local."],
   "codeowners": ["@frenck"]
diff --git a/requirements_all.txt b/requirements_all.txt
index eb63f6cacdb..bd0d16bcae3 100644
--- a/requirements_all.txt
+++ b/requirements_all.txt
@@ -465,7 +465,7 @@ ecoaliface==0.4.0
 eebrightbox==0.0.4
 
 # homeassistant.components.elgato
-elgato==0.1.0
+elgato==0.2.0
 
 # homeassistant.components.eliqonline
 eliqonline==1.2.2
diff --git a/requirements_test_all.txt b/requirements_test_all.txt
index 05c8ff7953a..f7346a93911 100644
--- a/requirements_test_all.txt
+++ b/requirements_test_all.txt
@@ -165,7 +165,7 @@ dsmr_parser==0.12
 eebrightbox==0.0.4
 
 # homeassistant.components.elgato
-elgato==0.1.0
+elgato==0.2.0
 
 # homeassistant.components.emulated_roku
 emulated_roku==0.1.8