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2021
Home Energy Management Market

Home Energy Management Market By Offering (Hardware, Software, and Services), Product Type (Lighting Controls, Self-Monitoring Systems and Services, Programmable Communicating Thermostats, Advanced Central Controllers, and Intelligent HVAC Controllers) and Technology (Z-Wave, ZigBee, Wi-Fi, Ethernet, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A00233
Pages: 310
Nov 2021 | 5170 Views
   
Author(s) : Avinash Savekar , Vineet Kumar
Tables: 121
Charts: 79
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global home energy management market size is expected to reach $8.73 billion by 2030 from $2.28 billion in 2020, growing at a CAGR of 15.6% from 2021 to 2030.  Home energy management is an effective hardware and software system that facilitates home users to monitor and reduce energy consumption of various electrical devices installed in their homes. Home energy management 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 rapid advancements in technologies, such as smart grid, bidirectional communication medium, network communication, information infrastructures, energy conservation methodologies and diverse techniques have undergone a revolutionary change pertaining to various areas of power consumption domains such as electricity usage patterns and energy conservation at consumption premises. Under a robust smart grid paradigm, the modern home equipped with home energy management system contributes significantly toward efficiency improvement, economizing energy usage, reliability as well as conserving energy for distributed systems. 

Home-Energy-Management-Market

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HEMS can provide value to the homeowner and the utility by saving money and energy by providing a mixture of control, scheduling, and user information. HEMS can monitor the energy consumption of home residents to help them adapt their energy usage behavior based on the feedback they receive from the system. 

The global home energy management market size is anticipated to witness significant growth during the forecast period. Factors, such as rising demand for energy-efficient solution, rise in urbanization in developing economies, and increasing number of connected devices through Internet of Things, drive the home energy management market growth. Emerging countries, such as India, China, Japan, Argentina, Brazil, Mexico, and South Korea, are witnessing rapid urbanization with the construction of smart building. In these countries, the awareness of housing development has resulted in the growing demand for improved housing infrastructure. This would lead to the deployment of home energy management in newly constructed buildings.  

However, high initial cost related to deploying of energy management systems is a major restraint to the global home energy management market growth. In addition, government initiative toward the construction of smart home is expected to create opportunities for the home energy management industry. Governments play a vital role in energy savings and supporting initiatives toward construction of smart buildings. They have formulated regulations and policies to improve energy efficiency and reduce a building’s footprint of renewable energy, HVAC, lighting, and location.       

The global home energy management market share is segmented on the basis of product type, technology, and region. By offering, the market is categorized into hardware, software, and services. By product type, the market is bifurcated into lighting controls, self-monitoring systems and services, programmable communicating thermostats, advanced central controllers, and intelligent HVAC controllers. By technology, it is fragmented into Z-Wave, ZigBee, Wi-Fi, Ethernet, and others.     

Region-wise, the home energy management market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and the rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is dominating the home energy management market, owing to increasing use of home energy management with augmented awareness about this technology. 

Home Energy Management Market
By Offering

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Software segment is projected as one of the most lucrative segments.

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Top Impacting Factors

The prominent factors that impact the home energy management market growth are rising demand for energy-efficient solution, rising in urbanization in developing economies, and increasing number of connected devices through Internet of Things. However, high initial cost related to deploying of energy management systems is a major restraint to the global home energy management market growth. On the contrary, government initiative toward the construction of smart home is expected to create lucrative opportunities for the market. Therefore, these factors are expected to definitely affect the global home energy management industry during the forecast period.    

Competition Analysis

Competitive analysis and profiles of the major home energy management market players, such as Honeywell International, Inc., General Electric Company, Panasonic Corporation, Alphabet (Google Inc.), Ecobee, Inc., Vivint Inc., Schneider Electric SA, Comcast Cable Communications, LLC (Xfinity), EcoFactor, Inc., and Energyhub, Inc., are focusing their investment on technologically advanced, cost-effective, and more secure products and solutions for various applications.   

Home Energy Management Market
By Product Type

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Lighting Controls segment is expected to secure leading position during forecast period.

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Covid-19 Impact Analysis

The COVID-19 pandemic has significantly impacted global economies, resulting in workforce & travel restrictions, supply chain & production disruptions, and reduced demand & spending across many sectors. Sudden decline in infrastructure development and installation projects is expected to hamper the market growth for home energy management. 

Due to the ongoing COVID-19 crises, the construction market is expected to witness abrupt downturn this year. However, a slow recovery is anticipated to begin next year. It is also estimated that construction market will face a lot of challenges leading to the COVID-19 crisis with stagnation trends in many countries. Shortages of electronics components and materials have significantly impacted the global supply chains. In addition, reductions in various capital budgets and delay in planned projects in different applications have hampered the global economy.  

However, as vaccines roll out across the globe, the pandemic situation is better controlled, especially in North America and Europe. This would boost the recovery of the home energy management market.  

Furthermore, key players operating in the market faced slight negative impact of the COVID-19 outbreak as compared to other industries. The demand for home energy management system has increased significantly during the pandemic, thereby making the market highly competitive. Hence, several key players are embracing different strategies such as collaboration, partnership, product launch, and expansion to stay competitive in the market and provide home energy management system. 

Home Energy Management Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific region would exhibit the highest CAGR of 19.30% during 2021-2030

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Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global home energy management market outlook along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall home energy management market analysis is determined to understand the profitable trends to gain a stronger foothold. 
  • The report presents information related to key drivers, restraints, and home energy management market opportunities with a detailed impact analysis.  
  • The current home energy management market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.   
  • Porter’s five forces analysis illustrates the potency of the buyers and the home energy management market share of key vendors.   
  • The report includes the market trends and the revenue share of key vendors.

Key Market Segments

By Offering

  • Hardware
  • Software
  • Services

By Product Type

  • Lighting Controls
  • Self-Monitoring Systems and Services
  • Programmable Communicating Thermostats
  • Advanced Central Controllers
  • Intelligent HVAC Controllers 

By Technology

  • Z-Wave
  • ZigBee
  • Wi-Fi
  • Ethernet
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Players

  • Honeywell International, Inc.
  • General Electric Company
  • Panasonic Corporation
  • Cisco Systems Inc.
  • Nest Labs, Inc.
  • Vivint Inc.
  • Schneider Electric SA
  • Comcast Cable Communications, LLC (Xfinity)
  • EcoFactor, Inc.
  • Energyhub, Inc. 
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping the home energy management
3.3.Patent analysis

3.3.1.By region, 2012–2020
3.3.2.By applicant, 2012–2020

3.4.Covid-19 impact analysis

3.4.1.COVID-19 outbreak
3.4.2.Impact on market size
3.4.3.End user trends, preferences, and budget impact

3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Rising demand for energy-efficient solution
3.5.1.2.Rise in urbanization in developing economies
3.5.1.3.Increasing number of connected devices through Internet of Things

3.5.2.Restraint

3.5.2.1.High initial costs related to deploying of energy management systems

3.5.3.Opportunity

3.5.3.1.Government initiatives toward the construction of smart home

CHAPTER 4:HOME ENERGY MANAGEMENT MARKET, BY OFFERING

4.1.Overview
4.2.Hardware

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Software

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Services

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

CHAPTER 5:HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE

5.1.Overview
5.2.Lighting Controls

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Self-Monitoring Systems and Services

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Programmable Communicating Thermostats

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Advanced Central Controllers

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

5.6.Intelligent HVAC Controllers

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis, by country

CHAPTER 6:HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY

6.1.Overview
6.2.Z-Wave

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.ZigBee

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Wi-Fi

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Ethernet

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

6.6.Others

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market analysis, by country

CHAPTER 7:HOME ENERGY MANAGEMENT MAREKT, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by offering
7.2.3.Market size and forecast, by product type
7.2.4.Market size and forecast, by technology
7.2.5.Market analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by offering
7.2.5.1.2.Market size and forecast, by product type
7.2.5.1.3.Market size and forecast, by technology

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by offering
7.2.5.2.2.Market size and forecast, by product type
7.2.5.2.3.Market size and forecast, by technology

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by offering
7.2.5.3.2.Market size and forecast, by product type
7.2.5.3.3.Market size and forecast, by technology

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by offering
7.3.3.Market size and forecast, by product type
7.3.4.Market size and forecast, by technology
7.3.5.Market analysis, by country

7.3.5.1.UK

7.3.5.1.1.Market size and forecast, by offering
7.3.5.1.2.Market size and forecast, by product type
7.3.5.1.3.Market size and forecast, by technology

7.3.5.2.Germany

7.3.5.2.1.Market size and forecast, by offering
7.3.5.2.2.Market size and forecast, by product type
7.3.5.2.3.Market size and forecast, by technology

7.3.5.3.France

7.3.5.3.1.Market size and forecast, by offering
7.3.5.3.2.Market size and forecast, by product type
7.3.5.3.3.Market size and forecast, by technology

7.3.5.4.Italy

7.3.5.4.1.Market size and forecast, by offering
7.3.5.4.2.Market size and forecast, by product type
7.3.5.4.3.Market size and forecast, by technology

7.3.5.5.Rest of Europe

7.3.5.5.1.Market size and forecast, by offering
7.3.5.5.2.Market size and forecast, by product type
7.3.5.5.3.Market size and forecast, by technology

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by offering
7.4.3.Market size and forecast, by product type
7.4.4.Market size and forecast, by technology
7.4.5.Market analysis, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by offering
7.4.5.1.2.Market size and forecast, by product type
7.4.5.1.3.Market size and forecast, by technology

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by offering
7.4.5.2.2.Market size and forecast, by product type
7.4.5.2.3.Market size and forecast, by technology

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by offering
7.4.5.3.2.Market size and forecast, by product type
7.4.5.3.3.Market size and forecast, by technology

7.4.5.4.South Korea

7.4.5.4.1.Market size and forecast, by offering
7.4.5.4.2.Market size and forecast, by product type
7.4.5.4.3.Market size and forecast, by technology

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by offering
7.4.5.5.2.Market size and forecast, by product type
7.4.5.5.3.Market size and forecast, by technology

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by offering
7.5.3.Market size and forecast, by product type
7.5.4.Market size and forecast, by technology
7.5.5.Market analysis, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by offering
7.5.5.1.2.Market size and forecast, by product type
7.5.5.1.3.Market size and forecast, by technology

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by offering
7.5.5.2.2.Market size and forecast, by product type
7.5.5.2.3.Market size and forecast, by technology

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by offering
7.5.5.3.2.Market size and forecast, by product type
7.5.5.3.3.Market size and forecast, by technology

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.Introduction

8.1.1.Market player positioning, 2020

8.2.Top winning strategies

CHAPTER 9:COMPANY PROFILES

9.1.GENERAL ELECTRIC COMPANY

9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio
9.1.6.R&D expenditure
9.1.7.Business performance

9.2.Honeywell International Inc.

9.2.1.Company overview
9.2.2.Key Executives
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.R&D Expenditure
9.2.7.Business performance
9.2.8.Key strategic moves and developments

9.3.Alphabet, Inc. (Google, Inc.)

9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Operating business segments
9.3.5.Product portfolio
9.3.6.R&D expenditure
9.3.7.Business performance
9.3.8.Key strategic moves and developments

9.4.Vivint Inc.

9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Product portfolio
9.4.5.Business performance
9.4.6.Key strategic moves and developments

9.5.Comcast Cable Communications, LLC (Xfinity)

9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Operating business segments
9.5.5.Product portfolio
9.5.6.R&D expenditure
9.5.7.Business performance
9.5.8.Key strategic moves and developments

9.6.EcoFactor, Inc.

9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Product portfolio

9.7.Energyhub, Inc.

9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Product portfolio
9.7.5.Key strategic moves and developments

9.8.Ecobee, Inc.

9.8.1.Company overview
9.8.2.Key executives
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.Key strategic moves and developments

9.9.Panasonic Corporation

9.9.1.Company overview
9.9.2.Company snapshot
9.9.3.Operating business segments
9.9.4.Product portfolio
9.9.5.R&D expenditure
9.9.6.Business performance
9.9.7.Key strategic moves and developments

9.10.SCHNEIDER ELECTRIC SE

9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Operating business segments
9.10.5.Product portfolio
9.10.6.R&D expenditure
9.10.7.Business performance
9.10.8.Key strategic moves and developments

LIST OF TABLES

TABLE 01.HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 02.HOME ENERGY MANAGEMENT MARKET FOR HARDWARE, BY REGION, 2020–2030 ($MILLION)
TABLE 03.HOME ENERGY MANAGEMENT MARKET FOR SOFTWARE, BY REGION, 2020–2030 ($MILLION)
TABLE 04.HOME ENERGY MANAGEMENT MARKET FOR SERVICES, BY REGION, 2020–2030 ($MILLION)
TABLE 05.HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 06.HOME ENERGY MANAGEMENT MARKET FOR BLUETOOTH LOW ENERGY (BLE), BY REGION, 2020–2030 ($MILLION)
TABLE 07.HOME ENERGY MANAGEMENT MARKET FOR SELF-MONITORING SYSTEMS AND SERVICES, BY REGION, 2020–2030 ($MILLION)
TABLE 08.HOME ENERGY MANAGEMENT MARKET FOR PROGRAMMABLE COMMUNICATING THERMOSTATS, BY REGION, 2020–2030 ($MILLION)
TABLE 09.HOME ENERGY MANAGEMENT MARKET FOR ADVANCED CENTRAL CONTROLLERS, BY REGION, 2020–2030 ($MILLION)
TABLE 10.HOME ENERGY MANAGEMENT MARKET FOR INTELLIGENT HVAC CONTROLLERS, BY REGION, 2020–2030 ($MILLION)
TABLE 11.HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 12.HOME ENERGY MANAGEMENT MARKET FOR Z-WAVE, BY REGION, 2020–2030 ($MILLION)
TABLE 13.HOME ENERGY MANAGEMENT MARKET FOR ZIGBEE, BY REGION, 2020–2030 ($MILLION)
TABLE 14.HOME ENERGY MANAGEMENT MARKET FOR WI-FI, BY REGION, 2020–2030 ($MILLION)
TABLE 15.HOME ENERGY MANAGEMENT MARKET FOR ETHERNET, BY REGION, 2020–2030 ($MILLION)
TABLE 16.HOME ENERGY MANAGEMENT MARKET FOR OTHERS, BY REGION, 2020–2030 ($MILLION)
TABLE 17.HOME ENERGY MANAGEMENT MARKET REVENUE, BY REGION, 2020–2030 ($MILLION)
TABLE 18.NORTH AMERICA HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 19.NORTH AMERICA HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 20.NORTH AMERICA HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 21.U.S. HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 22.U.S. HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 23.U.S. HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 24.CANADA HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 25.CANADA HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 26.CANADA HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 27.MEXICO HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 28.MEXICO HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 29.MEXICO HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 30.EUROPE HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 31.EUROPE HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 32.EUROPE HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 33.UK HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 34.UK HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 35.UK HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 36.GERMANY HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 37.GERMANY HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 38.GERMANY HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 39.FRANCE HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 40.FRANCE HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 41.FRANCE HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 42.ITALY HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 43.ITALY HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 44.ITALY HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 45.REST OF EUROPE HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 46.REST OF EUROPE HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 47.REST OF EUROPE HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 48.ASIA-PACIFIC HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 49.ASIA-PACIFIC HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 50.ASIA-PACIFIC HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 51.CHINA HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 52.CHINA HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 53.CHINA HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 54.JAPAN HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 55.JAPAN HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 56.JAPAN HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 57.INDIA HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 58.INDIA HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 59.INDIA HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 60.SOUTH KOREA HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 61.SOUTH KOREA HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 62.SOUTH KOREA HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 63.REST OF ASIA-PACIFIC HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 64.REST OF ASIA-PACIFIC HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 65.REST OF ASIA-PACIFIC HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 66.LAMEA HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 67.LAMEA HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 68.LAMEA HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 69.LATIN AMERICA HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 70.LATIN AMERICA HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 71.LATIN AMERICA HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 72.MIDDLE EAST HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 73.MIDDLE EAST HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 74.MIDDLE EAST HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 75.AFRICA HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030 ($MILLION)
TABLE 76.AFRICA HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030 ($MILLION)
TABLE 77.AFRICA HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020-2030 ($MILLION)
TABLE 78.KEY EXECUTIVES
TABLE 79.GENERAL ELECTRIC: COMPANY SNAPSHOT
TABLE 80.GENERAL ELECTRIC: OPERATING SEGMENTS
TABLE 81.GENERAL ELECTRIC: PRODUCT PORTFOLIO
TABLE 82.HONEYWELL INTERNATIONAL INC.: KEY EXECUTIVES
TABLE 83.HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 84.HONEYWELL INTERNATIONAL INC.: OPERATING SEGMENTS
TABLE 85.HONEYWELL INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 86.HONEYWELL INTERNATIONAL INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 87.ALPHABET: KEY EXECUTIVES
TABLE 88.ALPHABET: COMPANY SNAPSHOT
TABLE 89.ALPHABET: OPERATING SEGMENTS
TABLE 90.ALPHABET: PRODUCT PORTFOLIO
TABLE 91.ALPHABET: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 92.VIVINT INC.: KEY EXECUTIVES
TABLE 93.VIVINT INC.: COMPANY SNAPSHOT
TABLE 94.VIVINT INC.: PRODUCT PORTFOLIO
TABLE 95.VIVINT INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 96.COMCAST CABLE COMMUNICATIONS, LLC (XFINITY): KEY EXECUTIVES
TABLE 97.COMCAST CABLE COMMUNICATIONS, LLC (XFINITY): COMPANY SNAPSHOT
TABLE 98.COMCAST CABLE COMMUNICATIONS, LLC (XFINITY): OPERATING SEGMENTS
TABLE 99.COMCAST CABLE COMMUNICATIONS, LLC (XFINITY): PRODUCT PORTFOLIO
TABLE 100.COMCAST CABLE COMMUNICATIONS, LLC (XFINITY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 101.ECOFACTOR, INC.: KEY EXECUTIVES
TABLE 102.ECOFACTOR, INC.: COMPANY SNAPSHOT
TABLE 103.ECOFACTOR, INC.: PRODUCT PORTFOLIO
TABLE 104.ENERGYHUB: KEY EXECUTIVES
TABLE 105.ENERGYHUB: COMPANY SNAPSHOT
TABLE 106.TELEDYNE TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 107.ENERGYHUB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 108.ECOBEE, INC.: KEY EXECUTIVES
TABLE 109.ECOBEE, INC.: COMPANY SNAPSHOT
TABLE 110.ECOBEE, INC.: OPERATING SEGMENTS
TABLE 111.ECOBEE, INC.: PRODUCT PORTFOLIO
TABLE 112.ECOBEE, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 113.PANASONIC CORPORATION: COMPANY SNAPSHOT
TABLE 114.PANASONIC CORPORATION: OPERATING SEGMENTS
TABLE 115.PANASONIC CORPORATION: PRODUCT PORTFOLIO
TABLE 116.PANASONIC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 117.SCHNEIDER ELECTRIC SE: KEY EXECUTIVES
TABLE 118.SCHNEIDER ELECTRIC SE: COMPANY SNAPSHOT
TABLE 119.SCHNEIDER ELECTRIC SE: OPERATING SEGMENTS
TABLE 120.SCHNEIDER ELECTRIC SE: PRODUCT PORTFOLIO
TABLE 121.SCHNEIDER ELECTRIC SE: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.SEGMENT INFORMATION
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.MODERATE TO HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 07.MODERATE TO HIGH THREAT OF NEW ENTRANTS
FIGURE 08.MODERATE TO HIGH THREAT OF SUBSTITUTES
FIGURE 09.MODERATE TO HIGH INTENSITY OF RIVALRY
FIGURE 10.MODERATE TO HIGH BARGAINING POWER OF BUYERS
FIGURE 11.PATENT ANALYSIS, BY COUNTRY
FIGURE 12.PATENT ANALYSIS, BY APPLICANT
FIGURE 13.HOME ENERGY MANAGEMENT MARKET, BY OFFERING, 2020–2030
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF HOME ENERGY MANAGEMENT MARKET FOR HARDWARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF HOME ENERGY MANAGEMENT MARKET FOR SOFTWARE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF HOME ENERGY MANAGEMENT MARKET FOR SERVICES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.HOME ENERGY MANAGEMENT MARKET, BY PRODUCT TYPE, 2020–2030
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF HOME ENERGY MANAGEMENT MARKET FOR LIGHTING CONTROLS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF HOME ENERGY MANAGEMENT MARKET FOR SELF-MONITORING SYSTEMS AND SERVICES, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF HOME ENERGY MANAGEMENT MARKET FOR PROGRAMMABLE COMMUNICATING THERMOSTATS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF HOME ENERGY MANAGEMENT MARKET FOR ADVANCED CENTRAL CONTROLLERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF HOME ENERGY MANAGEMENT MARKET FOR INTELLIGENT HVAC CONTROLLERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.HOME ENERGY MANAGEMENT MARKET, BY TECHNOLOGY, 2020–2030
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF SHARE HOME ENERGY MANAGEMENT MARKET FOR Z-WAVE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF SHARE HOME ENERGY MANAGEMENT MARKET FOR ZIGBEE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF SHARE HOME ENERGY MANAGEMENT MARKET FOR WI-FI, BY COUNTRY, 2020 & 2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF SHARE HOME ENERGY MANAGEMENT MARKET FOR ETHERNET, BY COUNTRY, 2020 & 2030 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF SHARE HOME ENERGY MANAGEMENT MARKET FOR OTHERS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 29.HOME ENERGY MANAGEMENT MARKET, BY REGION, 2020-2030 (%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF NORTH AMERICA HOME ENERGY MANAGEMENT MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 31.U.S. HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 32.CANADA HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 33.MEXICO HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 34.COMPARATIVE SHARE ANALYSIS OF EUROPE HOME ENERGY MANAGEMENT MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 35.UK HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 36.GERMANY HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 37.FRANCE HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 38.ITALY HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 39.REST OF EUROPE HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 40.COMPARATIVE SHARE ANALYSIS OF ASIA-PACIFIC HOME ENERGY MANAGEMENT MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 41.CHINA HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 42.JAPAN HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 43.INDIA HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 44.SOUTH KOREA HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 45.REST OF ASIA-PACIFIC HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 46.COMPARATIVE SHARE ANALYSIS OF LAMEA HOME ENERGY MANAGEMENT MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 47.LATIN AMERICA HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 48.MIDDLE EAST HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 49.AFRICA HOME ENERGY MANAGEMENT MARKET, 2020–2030 ($MILLION)
FIGURE 50.MARKET PLAYER POSITIONING, 2020
FIGURE 51.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 52.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 53.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021
FIGURE 54.GENERAL ELECTRIC, 2018–2020 ($MILLION)
FIGURE 55.GENERAL ELECTRIC: REVENUE, 2018–2020 ($MILLION)
FIGURE 56.GENERAL ELECTRIC: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 57.GENERAL ELECTRIC: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 58.HONEYWELL INTERNATIONAL INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 59.HONEYWELL INTERNATIONAL INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 60.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 61.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 62.ALPHABET: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 63.ALPHABET: NET SALES, 2018–2020 ($MILLION)
FIGURE 64.ALPHABET: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 65.ALPHABET: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 66.VIVINT INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 67.VIVINT INC.: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 68.COMCAST CABLE COMMUNICATIONS, LLC (XFINITY): R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 69.COMCAST CABLE COMMUNICATIONS, LLC (XFINITY): REVENUE, 2018–2020 ($MILLION)
FIGURE 70.COMCAST CABLE COMMUNICATIONS, LLC (XFINITY): REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 71.COMCAST CABLE COMMUNICATIONS, LLC (XFINITY): REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 72.PANASONIC CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 73.PANASONIC CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 74.PANASONIC CORPORATION: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 75.PANASONIC CORPORATION: REVENUE SHARE, BY REGION, 2020 (%)
FIGURE 76.SCHNEIDER ELECTRIC SE: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 77.SCHNEIDER ELECTRIC SE: REVENUE, 2018–2020 ($MILLION)
FIGURE 78.SCHNEIDER ELECTRIC SE: REVENUE SHARE, BY SEGMENT, 2020 (%)
FIGURE 79.SCHNEIDER ELECTRIC SE: REVENUE SHARE, BY REGION, 2020 (%)

 
 

The home energy management market holds high potential in the smart building & smart home. The current business scenario experiences rapid development in smart infrastructure, leading to readiness to adopt advanced technology, particularly in the developed and developing regions such as North America, Asia-Pacific, and Europe. 

Asia-Pacific is the leading supplier of raw materials for manufacturing of smart home systems across the globe. Asia-Pacific witnessed wide-scale adoption of these systems in the recent years, owing to their increasing demand across various smart building & smart home. Companies operating in the home energy management market have a robust supply chain network, owing to high penetration of local players in this market.  

The key players of the market focus on introducing technologically advanced products to remain competitive in the market. Product launch, agreement, expansion, and partnership are expected to be the prominent strategies adopted by the market players. North America is dominating the market, owing to increasing use of home energy management with augmented awareness about this technology.

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A. The Home Energy Management Market is estimated to grow at a CAGR of 15.6% from 2021 to 2030.

A. The Home Energy Management Market is projected to reach $8.73 billion by 2030.

A. To get the latest version of sample report

A. The prominent factors that impact the home energy management market growth are rising demand for energy-efficient solution, rising in urbanization in developing economies, and increasing number of connected devices through Internet of Things.

A. The key players profiled in the report include Honeywell International, Inc., General Electric Company, Cisco Systems Inc., and many more.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Home Energy Management Market is segmented on the basis of level, application, end use, and region.

A. The key growth strategies of Home Energy Management Market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

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