World Home Energy Management Systems Market - Opportunities and Forecasts, 2019-2026
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Nov 2019 |
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Home energy management system (HEMS) is an effective hardware and software system that facilitate home users to monitor and reduce energy consumption of the various electrical devices installed in their homes. HEMS comprises five different products, which assist in managing and reducing energy consumption. These products include self-monitoring systems, lighting controls, programmable communicating thermostats, advanced central controllers and intelligent HVAC controllers. With HEMS, end-user can access real-time energy consumption data through mobile phones, tablets, and other communication devices to monitor and manage energy consumption in the house. In addition, HEMS provides updates on fluctuating electricity prices to assist users to use less energy during peak hours. Presently, the spiraling energy prices have fostered the demand for energy management. The growth of the world HEMS market is mainly driven by the growing awareness of energy management and rising investment in smart grids. However, high cost of implementation of HEMS technology would impede the growth of the HEMS market.
The world home energy management system (HEMS) market is segmented on the basis of available product types, communication technology and geography. Based on components, the HEMS market is segmented into hardware and software. Hardware is further bifurcated into sensor, controller & others. Furthermore, the market has been sectioned, based on communication technology, into ZigBee, Wi-Fi, home plug and others. The world home energy management system (HEMS) market has been analyzed based on geographical regions, which include North America, Europe, Asia Pacific and LAMEA (Latin America Middle East and Africa). The key market players profiled in the report, include Schneider Electric, Panasonic Corporation, General Electric Company, Emerson Process Management and others.
Potential Benefits for Stakeholders:
- The report provides an in-depth analysis of the home energy management systems market and offers current and future trends to identify lucrative investment pockets in the market
- The report identifies the key drivers, opportunities and restraints that shape the market and provides an impact analysis for the forecast period
- Porters five forces analysis highlights the potency of buyers and suppliers participating in this market. This would further offer a competitive advantage to stakeholders in making profitable business decisions; thus, helping them to strengthen their supplier and buyer networks
- Current and future trends are outlined to determine the overall attractiveness and highlight the profitable trends in order to gain a stronger foothold in the market
- Market estimation of geographic segments is derived from the current market scenario and expected market trends
HOME Energy Management System Market Segmentation:
The home energy management system (HEMS) market is segmented based on component, technology and geography
Market by Component
- Hardware
- Sensor
- Controller
- Others
- Software
Market by Communication Technology
- ZigBee
- Wi-Fi
- Home plug
- Others
Market by Geography
- North America
- Europe
- Asia Pacific
- LAMEA
Key Players
- Schneider Electric
- Panasonic Corporation
- Honeywell International
- Cisco Systems, Inc.
- General Electric Company
- Emerson Electric Co.
- Johnson Controls, Inc.
- Siemens AG
- AlertMe.com
- Blue Line Innovation
1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
2 EXECUTIVE SUMMARY
2.1 CXO perspective
3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.2 Top winning strategies
3.2.3 Top investment pockets
3.3 Porter’s five forces analysis
3.3.1 Bargaining power of suppliers
3.3.2 Bargaining power of buyers
3.3.3 Threat of substitutes
3.3.4 Threat of new entrants
3.3.5 Degree of competition
3.4 Market share analysis, 2016 (%)
3.5 Market dynamics
3.5.1 Drivers
3.5.2 Restraints
3.5.3 Opportunities
4 GLOBAL HOME ENERGY MANAGEMENT SYSTEM MARKET BY FUNCTION, 2017-2023 ($MILLION)
4.1 Control device
4.1.1 Key market trends
4.1.2 Key growth factors and opportunities
4.1.3 Market size and forecast
4.2 Display/ communication device
4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast
4.3 User interface
4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast
5 GLOBAL HOME ENERGY MANAGEMENT SYSTEM MARKET BY TECHNOLOGY, 2017-2023 ($MILLION)
5.1 Z-wave
5.1.1 Key market trends
5.1.2 Key growth factors and opportunities
5.1.3 Market size and forecast
5.2 ZigBee
5.2.1 Key market trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast
5.3 Wi-fi
5.3.1 Key market trends
5.3.2 Key growth factors and opportunities
5.3.3 Market size and forecast
5.4 Homeplug
5.4.1 Key market trends
5.4.2 Key growth factors and opportunities
5.4.3 Market size and forecast
5.5 Others
5.5.1 Key market trends
5.5.2 Key growth factors and opportunities
5.5.3 Market size and forecast
6 GLOBAL HOME ENERGY MANAGEMENT SYSTEM MARKET BY GEOGRAPHY, 2017-2023 ($MILLION)
6.1 North America
6.1.1 Key market trends
6.1.2 Key growth factors and opportunities
6.1.3 Market size and forecast, by
6.1.3.1 Function
6.1.3.2 Technology
6.1.3.3 Country
6.1.3.3.1.1 U.S.
6.1.3.3.1.1.1 Market size and forecast, by function
6.1.3.3.1.1.2 Market size and forecast, by technology
6.1.3.3.1.2 Canada
6.1.3.3.1.2.1 Market size and forecast, by function
6.1.3.3.1.2.2 Market size and forecast, by technology
6.1.3.3.1.3 Mexico
6.1.3.3.1.3.1 Market size and forecast, by function
6.1.3.3.1.3.2 Market size and forecast, by technology
6.2 Europe
6.2.1 Key market trends
6.2.2 Key growth factors and opportunities
6.2.3 Market size and forecast, by
6.2.3.1 Function
6.2.3.2 Technology
6.2.3.3 Country
6.2.3.3.1.1 UK
6.2.3.3.1.1.1 Market size and forecast, by function
6.2.3.3.1.1.2 Market size and forecast, by technology
6.2.3.3.1.2 Germany
6.2.3.3.1.2.1 M Market size and forecast, by function
6.2.3.3.1.2.2 Market size and forecast, by technology
6.2.3.3.1.2.3 France
6.2.3.3.1.2.4 Market size and forecast, by function
6.2.3.3.1.2.5 Market size and forecast, by technology
6.2.3.3.1.3 Russia
6.2.3.3.1.3.1 Market size and forecast, by function
6.2.3.3.1.3.2 Market size and forecast, by technology
6.2.3.3.1.4 Rest of Europe
6.2.3.3.1.4.1 Market size and forecast, by function
6.2.3.3.1.4.2 Market size and forecast, by technology
6.3 Asia-Pacific
6.3.1 Key market trends
6.3.2 Key growth factors and opportunities
6.3.3 Market size and forecast, by
6.3.3.1 Function
6.3.3.2 Technology
6.3.3.3 Country
6.3.3.3.1.1 Australia
6.3.3.3.1.1.1 Market size and forecast, by function
6.3.3.3.1.1.2 Market size and forecast, by technology
6.3.3.3.1.2 China
6.3.3.3.1.2.1 Market size and forecast, by function
6.3.3.3.1.2.2 Market size and forecast, by technology
6.3.3.3.1.3 India
6.3.3.3.1.3.1 Market size and forecast, by function
6.3.3.3.1.3.2 Market size and forecast, by technology
6.3.3.3.1.4 Japan
6.3.3.3.1.4.1 Market size and forecast, by function
6.3.3.3.1.4.2 Market size and forecast, by technology
6.3.3.3.1.5 Rest of Asia-Pacific
6.3.3.3.1.5.1 Market size and forecast, by function
6.3.3.3.1.5.2 Market size and forecast, by technology
6.4 LAMEA
6.4.1 Key market trends
6.4.2 Key growth factors and opportunities
6.4.3 Market size and forecast, by
6.4.3.1 Function
6.4.3.2 Technology
6.4.3.3 Country
6.4.3.3.1.1 Latin America
6.4.3.3.1.1.1 Market size and forecast, by function
6.4.3.3.1.1.2 Market size and forecast, by technology
6.4.3.3.1.2 Middle East
6.4.3.3.1.2.1 Market size and forecast, by function
6.4.3.3.1.2.2 Market size and forecast, by technology
6.4.3.3.1.3 Africa
6.4.3.3.1.3.1 Market size and forecast, by function
6.4.3.3.1.3.2 Market size and forecast, by technology
7 COMPANY PROFILES
7.1 General Electric Company
7.1.1 Company overview
7.1.2 Company snapshot
7.1.3 Business performance
7.1.4 Key moves and developments
7.2 Honeywell International, Inc.
7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 Business performance
7.2.4 Key moves and developments
7.3 Vivint, Inc.
7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Business performance
7.3.4 Key moves and developments
7.4 Energyhub, Inc.
7.4.1 Company overview
7.4.2 Company snapshot
7.4.3 Business performance
7.4.4 Key moves and developments
7.5 Nest Labs, Inc.
7.5.1 Company overview
7.5.2 Company snapshot
7.5.3 Business performance
7.5.4 Key moves and developments
7.6 Comcast Cable (Xfinity)
7.6.1 Company overview
7.6.2 Company snapshot
7.6.3 Business performance
7.6.4 Key moves and developments
7.7 Panasonic Corporation
7.7.1 Company overview
7.7.2 Company snapshot
7.7.3 Business performance
7.7.4 Key moves and developments
7.8 Ecobee, Inc.
7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Business performance
7.8.4 Key moves and developments
7.9 Ecofactor, Inc.
7.9.1 Company overview
7.9.2 Company snapshot
7.9.3 Business performance
7.9.4 Key moves and developments
7.10 Alarm.Com
7.10.1 Company overview
7.10.2 Company snapshot
7.10.3 Business performance
7.10.4 Key moves and developments
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