The global home energy management systems market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for smart homes and rising awareness about energy efficiency. The market is also witnessing growth due to the increasing adoption of IoT-enabled devices in households, which are capable of monitoring and controlling various aspects of home energy consumption.
The global home energy management systems market has been segmented on the basis of type, application, and region. On the basis of type, it has been classified into wave, ZigBee, Wi-Fi; on the basis of application it has been classified into lighting controls and HVAC control; on the basis of region it has been classified into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
-The global population is expected to grow by 2.5 billion people by 2050, which will increase the demand for energy.
-The cost of electricity is increasing in many countries, which will drive the adoption of home energy management systems.
-The need for more sustainable and efficient buildings has increased due to climate change and natural disasters, which will also drive the adoption of home energy management systems.
-Homeowners are becoming more aware of their carbon footprint and want to reduce it through adopting home energy management systems.
-Homeowners are becoming more aware that they can save money on their utility bills with a home energy management system installed in their homes.
Industry Growth Insights published a new data on “Home Energy Management Systems Market”. The research report is titled “Home Energy Management Systems Market research by Types (Z-Wave, ZigBee, Wi—Fi, Others), By Applications (Lighting Controls, HVAC Control, Others), By Players/Companies Cisco, Honeywell, Panasonic, Schneider Electric, Allure Energy, C3 IoT, Capgemini, GE Appliances and Lighting, Hitachi, Intel, Johnson Controls, Liricco Technology, Siemens, SmartThings, Toshiba”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Energy Management Systems Market Research Report
By Type
Z-Wave, ZigBee, Wi—Fi, Others
By Application
Lighting Controls, HVAC Control, Others
By Companies
Cisco, Honeywell, Panasonic, Schneider Electric, Allure Energy, C3 IoT, Capgemini, GE Appliances and Lighting, Hitachi, Intel, Johnson Controls, Liricco Technology, Siemens, SmartThings, Toshiba
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Home Energy Management Systems Market Report Segments:
The global Home Energy Management Systems market is segmented on the basis of:
Types
Z-Wave, ZigBee, Wi—Fi, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Lighting Controls, HVAC Control, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco
- Honeywell
- Panasonic
- Schneider Electric
- Allure Energy
- C3 IoT
- Capgemini
- GE Appliances and Lighting
- Hitachi
- Intel
- Johnson Controls
- Liricco Technology
- Siemens
- SmartThings
- Toshiba
Highlights of The Home Energy Management Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Z-Wave
- ZigBee
- Wi—Fi
- Others
- By Application:
- Lighting Controls
- HVAC Control
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Home Energy Management Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Home energy management systems (HEMS) are a type of home automation system that helps people save energy and money by automating their home's basic functions. These systems can include things like turning off lights when they're not being used, adjusting the temperature based on weather conditions, and more.
Some of the key players operating in the home energy management systems market are Cisco, Honeywell, Panasonic, Schneider Electric, Allure Energy, C3 IoT, Capgemini, GE Appliances and Lighting, Hitachi, Intel, Johnson Controls, Liricco Technology, Siemens, SmartThings, Toshiba.
The home energy management systems market is expected to grow at a compound annual growth rate of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Home Energy Management Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Home Energy Management Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Home Energy Management Systems Market - Supply Chain
4.5. Global Home Energy Management Systems Market Forecast
4.5.1. Home Energy Management Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Home Energy Management Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Home Energy Management Systems Market Absolute $ Opportunity
5. Global Home Energy Management Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Home Energy Management Systems Market Size and Volume Forecast by Type
5.3.1. Z-Wave
5.3.2. ZigBee
5.3.3. WiFi
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Home Energy Management Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Home Energy Management Systems Market Size and Volume Forecast by Application
6.3.1. Lighting Controls
6.3.2. HVAC Control
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Home Energy Management Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Home Energy Management Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Home Energy Management Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Home Energy Management Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Home Energy Management Systems Demand Share Forecast, 2019-2026
9. North America Home Energy Management Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Home Energy Management Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Home Energy Management Systems Market Size and Volume Forecast by Application
9.4.1. Lighting Controls
9.4.2. HVAC Control
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Home Energy Management Systems Market Size and Volume Forecast by Type
9.7.1. Z-Wave
9.7.2. ZigBee
9.7.3. WiFi
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Home Energy Management Systems Demand Share Forecast, 2019-2026
10. Latin America Home Energy Management Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Home Energy Management Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Home Energy Management Systems Market Size and Volume Forecast by Application
10.4.1. Lighting Controls
10.4.2. HVAC Control
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Home Energy Management Systems Market Size and Volume Forecast by Type
10.7.1. Z-Wave
10.7.2. ZigBee
10.7.3. WiFi
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Home Energy Management Systems Demand Share Forecast, 2019-2026
11. Europe Home Energy Management Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Home Energy Management Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Home Energy Management Systems Market Size and Volume Forecast by Application
11.4.1. Lighting Controls
11.4.2. HVAC Control
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Home Energy Management Systems Market Size and Volume Forecast by Type
11.7.1. Z-Wave
11.7.2. ZigBee
11.7.3. WiFi
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Home Energy Management Systems Demand Share, 2019-2026
12. Asia Pacific Home Energy Management Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Home Energy Management Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Home Energy Management Systems Market Size and Volume Forecast by Application
12.4.1. Lighting Controls
12.4.2. HVAC Control
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Home Energy Management Systems Market Size and Volume Forecast by Type
12.7.1. Z-Wave
12.7.2. ZigBee
12.7.3. WiFi
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Home Energy Management Systems Demand Share, 2019-2026
13. Middle East & Africa Home Energy Management Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Home Energy Management Systems Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Home Energy Management Systems Market Size and Volume Forecast by Application
13.4.1. Lighting Controls
13.4.2. HVAC Control
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Home Energy Management Systems Market Size and Volume Forecast by Type
13.7.1. Z-Wave
13.7.2. ZigBee
13.7.3. WiFi
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Home Energy Management Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Home Energy Management Systems Market: Market Share Analysis
14.2. Home Energy Management Systems Distributors and Customers
14.3. Home Energy Management Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cisco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Panasonic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schneider Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Allure Energy
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. C3 IoT
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Capgemini
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GE Appliances and Lighting
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hitachi
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Intel
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Johnson Controls
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Liricco Technology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Siemens
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SmartThings
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Toshiba
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
