Press release
Home Energy Management System Market 2019 Size, Insights, Trends By Top Key Players: AlertMe , Cisco Systems , Freescale Semiconductor , GE , Honeywell International
Home Energy Management System
In 2017, the global Home Energy Management System (HEMS) market size was 1220 million US$ and it is expected to reach 6000 million US$ by the end of 2025, with a CAGR of 22.0% during 2018-2025.
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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.
The major manufacturers covered in this report
• AlertMe
• Cisco Systems
• Freescale Semiconductor
• GE
• Honeywell International
• Intel
• Panasonic
• Schneider Electric
In this study, the years considered to estimate the market size of Home Energy Management System are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Market segment by Type, the product can be split into
• Lighting Controls
• Self-monitoring Systems and Services
• Programmable Communicating Thermostats
• Intelligent HVAC Controllers
• Advance Central Controllers
Market segment by Application, split into
• Electricity
• Solar PV
• Battery Storage
• Solar Thermal
Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America
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Table of contents:
1 Industry Overview of Home Energy Management System (HEMS)
1.1 Home Energy Management System (HEMS) Market Overview
1.1.1 Home Energy Management System (HEMS) Product Scope
1.1.2 Market Status and Outlook
1.2 Global Home Energy Management System (HEMS) Market Size and Analysis by Regions (2013-2018)
1.2.1 United States
1.2.2 Europe
1.2.3 China
1.2.4 Japan
1.2.5 Southeast Asia
1.2.6 India
1.3 Home Energy Management System (HEMS) Market by Type
1.3.1 Lighting Controls
1.3.2 Self-monitoring Systems and Services
1.3.3 Programmable Communicating Thermostats
1.3.4 Intelligent HVAC Controllers
1.3.5 Advance Central Controllers
1.4 Home Energy Management System (HEMS) Market by End Users/Application
1.4.1 Electricity
1.4.2 Solar PV
1.4.3 Battery Storage
1.4.4 Solar Thermal
2 Global Home Energy Management System (HEMS) Competition Analysis by Players
2.1 Home Energy Management System (HEMS) Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
TOC continued…!
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