Press release
Smart Home Energy Management Device Market 2019 Global Leaders Overview: Energyhub, Trilliant, Energate, Nest Labs, Logitech, Panasonic, Ecofactor, Comcast Cable
Market Research Future published a research report on “Smart Home Energy Management Device Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.Market Scenario:
Smart home is an innovative concept, which is being adopted rapidly. These homes are similar to normal homes but consist lots of smart devices and technologies, which allows the residents of these homes to control the things like, power, fan, television, etc. with their smartphones. As these system requires lots of hardware, which runs on power, the energy management becomes the most significant thing for the residents of these homes. The global Smart Home Energy Management Device Market has been growing rapidly from the past few years.
Technology giants such as Aclara (U.S.), Energate Inc. (Canada), Trilliant (U.S.), Honeywell (U.S.), Nest Labs (U.S.) and others. Energate Inc. is one of the prominent player in home energy management device market, which provides ZigBee SEP interactive energy management solutions that enable the Utility Internet of Things (IoT) next-generation energy management and the connected home solutions. Trilliant is a key player in home energy management device market, which has designed a UnitySuite platform that is a secure management platform that acts as a control panel for all device interactions. It provides scalable management of multiple smart grid communications technologies with unified business process integration to other utility systems.
Major factors driving the smart home energy management device market includes factors such as increasing real-time energy conservation approach, accessibility of cloud computing and data analytics and advanced device interconnectivity technology is aiding the market growth.
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The global smart home energy management device market is expected to grow at a CAGR of approximately 18% during the forecast period 2017-2023.
Segments:
The global smart home energy management device market is segmented by components and communication technology. Based on the communication technology, the market is segmented into ZigBee, Z-Wave, home plug, Wi-Fi among others. The components segment is bifurcated into hardware, software, and services. The hardware segment is further sub-segmented into sensors, power management devices, smart meter, display units, smart controllers & others. By the service segment, the market is bifurcated into managed service and professional service.
Key Players:
Some of the prominent players in the global smart home energy management device market: Aclara (U.S.), Energate Inc. (Canada), Trilliant (U.S.), Honeywell (U.S.), Nest Labs (U.S.), Logitech (U.S.), Icontrol Networks (U.S.), C3 Energy (U.S.), Energyhub, Inc. (U.S.), Trilliant (U.S.), General Electric Company (U.S.), Panasonic Corporation (Japan), Alarm.com (U.S.), Ecofactor (U.S.), Comcast Cable (U.S.), Ecobee (Canada) among others.
Regional Analysis:
The global smart home energy management device market is studied for Asia Pacific, North America, Europe, and Rest of the World. It has been observed that North America region accounts for the largest share of the market. North American region accounts for largest market share in smart home energy management device market owing to the presence of major players and developing more efficient, convenient, and economic HEM products and solutions. Asia Pacific region is expected to show highest growth opportunities in the market owing to increasing purchasing power of people, emerging economies from developing region.
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Intended Audience
• Technology Investors
• Research/Consultancy firms
• Technology Solution Providers
• HEMS software and service providers
• The product/ system integrators
• Original equipment manufacturers
• Energy conservation related associations, organizations, forums, and alliances
• Government and Residential sector
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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