The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Home Energy Management Systems-Global Market Insights and Sales Trends 2024
Synopsis
Home Energy Management Systems are devices that are installed in residential buildings to enable the provision of feedback on electricity consumption patterns and power consumption data for individual appliances. These systems perform pre-programmed functions, such as maintaining the temperature of houses. In addition, Home Energy Management Systems not only provide demand-response prompts from utility loads but also provide data about loads generated by microgrids. The data generated are provided to users, wherein they can view their energy consumption patterns and compare them with historical data.
The global Home Energy Management Systems market size is expected to reach US$ 3512.2 million by 2029, growing at a CAGR of 10.5% from 2023 to 2029. The market is mainly driven by the significant applications of Home Energy Management Systems in various end use industries. The expanding demands from the Department, Private House and Others,, are propelling Home Energy Management Systems market. Software, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hardware segment is estimated at % CAGR for the next seven-year period.
North America accounted for the largest share of the Home Energy Management System Market in 2017, followed by Europe and Asia-Pacific. The U.S. is expected to dominate the HEMS market in North America. The market for proactive solution under the software and service segment is expected to grow at the highest rate for HEMS, during the forecast period. The latest HEMSs come along with analytical software and solutions. The integration of data analytics with HEMS can be benchmarked and it enables the comparison of previous performance with actual energy usage. This proves to be a driving factor for the HEMS market to grow.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Home Energy Management Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Home Energy Management Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Home Energy Management Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Home Energy Management Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Home Energy Management Systems covered in this report include Schneider Electric, Siemens, Honeywell, Johnson Controls, GridPoint, General Electric, Emerson Electric Electric, Eaton Corporation and Azbil, etc.
The global Home Energy Management Systems market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Schneider Electric
Siemens
Honeywell
Johnson Controls
GridPoint
General Electric
Emerson Electric Electric
Eaton Corporation
Azbil
Cylon Controls
Tongfang Technovator
Global Home Energy Management Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Home Energy Management Systems market, Segment by Type:
Software
Hardware
Service
Global Home Energy Management Systems market, by Application
Department
Private House
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Home Energy Management Systems companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Home Energy Management Systems are devices that are installed in residential buildings to enable the provision of feedback on electricity consumption patterns and power consumption data for individual appliances. These systems perform pre-programmed functions, such as maintaining the temperature of houses. In addition, Home Energy Management Systems not only provide demand-response prompts from utility loads but also provide data about loads generated by microgrids. The data generated are provided to users, wherein they can view their energy consumption patterns and compare them with historical data.
The global Home Energy Management Systems market size is expected to reach US$ 3512.2 million by 2029, growing at a CAGR of 10.5% from 2023 to 2029. The market is mainly driven by the significant applications of Home Energy Management Systems in various end use industries. The expanding demands from the Department, Private House and Others,, are propelling Home Energy Management Systems market. Software, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hardware segment is estimated at % CAGR for the next seven-year period.
North America accounted for the largest share of the Home Energy Management System Market in 2017, followed by Europe and Asia-Pacific. The U.S. is expected to dominate the HEMS market in North America. The market for proactive solution under the software and service segment is expected to grow at the highest rate for HEMS, during the forecast period. The latest HEMSs come along with analytical software and solutions. The integration of data analytics with HEMS can be benchmarked and it enables the comparison of previous performance with actual energy usage. This proves to be a driving factor for the HEMS market to grow.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Home Energy Management Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Home Energy Management Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Home Energy Management Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Home Energy Management Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Home Energy Management Systems covered in this report include Schneider Electric, Siemens, Honeywell, Johnson Controls, GridPoint, General Electric, Emerson Electric Electric, Eaton Corporation and Azbil, etc.
The global Home Energy Management Systems market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Schneider Electric
Siemens
Honeywell
Johnson Controls
GridPoint
General Electric
Emerson Electric Electric
Eaton Corporation
Azbil
Cylon Controls
Tongfang Technovator
Global Home Energy Management Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Home Energy Management Systems market, Segment by Type:
Software
Hardware
Service
Global Home Energy Management Systems market, by Application
Department
Private House
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Home Energy Management Systems companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Home Energy Management Systems
1.1 Home Energy Management Systems Market Overview
1.1.1 Home Energy Management Systems Product Scope
1.1.2 Home Energy Management Systems Market Status and Outlook
1.2 Global Home Energy Management Systems Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Home Energy Management Systems Market Size by Region (2018-2029)
1.4 Global Home Energy Management Systems Historic Market Size by Region (2018-2023)
1.5 Global Home Energy Management Systems Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Home Energy Management Systems Market Size (2018-2029)
1.6.1 North America Home Energy Management Systems Market Size (2018-2029)
1.6.2 Europe Home Energy Management Systems Market Size (2018-2029)
1.6.3 Asia-Pacific Home Energy Management Systems Market Size (2018-2029)
1.6.4 Latin America Home Energy Management Systems Market Size (2018-2029)
1.6.5 Middle East & Africa Home Energy Management Systems Market Size (2018-2029)
2 Home Energy Management Systems Market by Type
2.1 Introduction
2.1.1 Software
2.1.2 Hardware
2.1.3 Service
2.2 Global Home Energy Management Systems Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Home Energy Management Systems Historic Market Size by Type (2018-2023)
2.2.2 Global Home Energy Management Systems Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Home Energy Management Systems Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Home Energy Management Systems Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Home Energy Management Systems Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Home Energy Management Systems Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Home Energy Management Systems Revenue Breakdown by Type (2018-2029)
3 Home Energy Management Systems Market Overview by Application
3.1 Introduction
3.1.1 Department
3.1.2 Private House
3.1.3 Others
3.2 Global Home Energy Management Systems Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Home Energy Management Systems Historic Market Size by Application (2018-2023)
3.2.2 Global Home Energy Management Systems Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Home Energy Management Systems Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Home Energy Management Systems Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Home Energy Management Systems Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Home Energy Management Systems Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Home Energy Management Systems Revenue Breakdown by Application (2018-2029)
4 Home Energy Management Systems Competition Analysis by Players
4.1 Global Home Energy Management Systems Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Home Energy Management Systems as of 2022)
4.3 Date of Key Players Enter into Home Energy Management Systems Market
4.4 Global Top Players Home Energy Management Systems Headquarters and Area Served
4.5 Key Players Home Energy Management Systems Product Solution and Service
4.6 Competitive Status
4.6.1 Home Energy Management Systems Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Schneider Electric
5.1.1 Schneider Electric Profile
5.1.2 Schneider Electric Main Business
5.1.3 Schneider Electric Home Energy Management Systems Products, Services and Solutions
5.1.4 Schneider Electric Home Energy Management Systems Revenue (US$ Million) & (2018-2023)
5.1.5 Schneider Electric Recent Developments
5.2 Siemens
5.2.1 Siemens Profile
5.2.2 Siemens Main Business
5.2.3 Siemens Home Energy Management Systems Products, Services and Solutions
5.2.4 Siemens Home Energy Management Systems Revenue (US$ Million) & (2018-2023)
5.2.5 Siemens Recent Developments
5.3 Honeywell
5.3.1 Honeywell Profile
5.3.2 Honeywell Main Business
5.3.3 Honeywell Home Energy Management Systems Products, Services and Solutions
5.3.4 Honeywell Home Energy Management Systems Revenue (US$ Million) & (2018-2023)
5.3.5 Johnson Controls Recent Developments
5.4 Johnson Controls
5.4.1 Johnson Controls Profile
5.4.2 Johnson Controls Main Business
5.4.3 Johnson Controls Home Energy Management Systems Products, Services and Solutions
5.4.4 Johnson Controls Home Energy Management Systems Revenue (US$ Million) & (2018-2023)
5.4.5 Johnson Controls Recent Developments
5.5 GridPoint
5.5.1 GridPoint Profile
5.5.2 GridPoint Main Business
5.5.3 GridPoint Home Energy Management Systems Products, Services and Solutions
5.5.4 GridPoint Home Energy Management Systems Revenue (US$ Million) & (2018-2023)
5.5.5 GridPoint Recent Developments
5.6 General Electric
5.6.1 General Electric Profile
5.6.2 General Electric Main Business
5.6.3 General Electric Home Energy Management Systems Products, Services and Solutions
5.6.4 General Electric Home Energy Management Systems Revenue (US$ Million) & (2018-2023)
5.6.5 General Electric Recent Developments
5.7 Emerson Electric Electric
5.7.1 Emerson Electric Electric Profile
5.7.2 Emerson Electric Electric Main Business
5.7.3 Emerson Electric Electric Home Energy Management Systems Products, Services and Solutions
5.7.4 Emerson Electric Electric Home Energy Management Systems Revenue (US$ Million) & (2018-2023)
5.7.5 Emerson Electric Electric Recent Developments
5.8 Eaton Corporation
5.8.1 Eaton Corporation Profile
5.8.2 Eaton Corporation Main Business
5.8.3 Eaton Corporation Home Energy Management Systems Products, Services and Solutions
5.8.4 Eaton Corporation Home Energy Management Systems Revenue (US$ Million) & (2018-2023)
5.8.5 Eaton Corporation Recent Developments
5.9 Azbil
5.9.1 Azbil Profile
5.9.2 Azbil Main Business
5.9.3 Azbil Home Energy Management Systems Products, Services and Solutions
5.9.4 Azbil Home Energy Management Systems Revenue (US$ Million) & (2018-2023)
5.9.5 Azbil Recent Developments
5.10 Cylon Controls
5.10.1 Cylon Controls Profile
5.10.2 Cylon Controls Main Business
5.10.3 Cylon Controls Home Energy Management Systems Products, Services and Solutions
5.10.4 Cylon Controls Home Energy Management Systems Revenue (US$ Million) & (2018-2023)
5.10.5 Cylon Controls Recent Developments
5.11 Tongfang Technovator
5.11.1 Tongfang Technovator Profile
5.11.2 Tongfang Technovator Main Business
5.11.3 Tongfang Technovator Home Energy Management Systems Products, Services and Solutions
5.11.4 Tongfang Technovator Home Energy Management Systems Revenue (US$ Million) & (2018-2023)
5.11.5 Tongfang Technovator Recent Developments
6 North America
6.1 North America Home Energy Management Systems Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Home Energy Management Systems Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Home Energy Management Systems Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Home Energy Management Systems Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Home Energy Management Systems Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Home Energy Management Systems Market Dynamics
11.1 Home Energy Management Systems Industry Trends
11.2 Home Energy Management Systems Market Drivers
11.3 Home Energy Management Systems Market Challenges
11.4 Home Energy Management Systems Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Energy & Power Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
