Press release
Home Energy Management Systems Market Detail Analysis focusing on Key Players like Honeywell, Panasonic, Schneider Electric, Allure Energy, C3 IoT, Capgemini, GE Appliances and Lighting, Hitachi, Intel, Johnson Controls & More
Home Energy Management Systems
This report presents a comprehensive overview, market shares, and growth opportunities of Home Energy Management Systems Market by product type, application, key manufacturers and key regions. Over the next five years, Home Energy Management Systems market will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
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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.
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.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Cisco, Honeywell, Panasonic, Schneider Electric, Allure Energy, C3 IoT, Capgemini, GE Appliances and Lighting, Hitachi, Intel, Johnson Controls, Liricco Technology, Siemens, SmartThings, Toshiba.
Segmentation by product type:
Z-Wave
ZigBee
WiFi
Others
Segmentation by application:
Lighting Controls
HVAC Control
Others
Research objectives:
To study and analyze the global Home Energy Management Systems consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Home Energy Management Systems market by identifying its various subsegments.
Focuses on the key global Home Energy Management Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Home Energy Management Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Home Energy Management Systems submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
More Details on this Report At:
https://www.marketstudyreport.com/reports/2018-2023-global-home-energy-management-systems-consumption-market-report
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