Press release
Residential Energy Management Market Forecasts to 2026
The findings reviewed by GME stated that the Global Residential Energy Management Market will expand with a CAGR value of 12.8%. The increasing cost of energy consumption has increased the need for efficient utilization of electricity. The rising implementation of solar power systems has increased the need for residential energy management systems.Browse 159 Market Data Tables and 119 Figures spread through 189 Pages and in-depth TOC on "Residential Energy Management Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/global-residential-energy-management-market-2807
By Component (Hardware (Remote Terminal Units, Relays, Load Control Switches, Demand Response Devices, Control Devices, In- house Displays), Software (Energy Management Platform, Energy Analytics, Customer Engagement Platform)), By Communication Technology (Wired (Fiber Optic, Ethernet, Powerline Carrier, IP), Wireless(Radio Frequency Mesh, Cellular Network, WiMAX)), By Application (Power Monitoring & Control, Load Shedding & Management, Flexible Load Management), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis.
Key Market Insights
• Residential energy managementsystems control, monitor, and analyze the energy consumption and production patterns in the household.
• The increasing investments in smartgrid systems by governments have incentivized the implementation of residential energy management systems.
• The power monitoring and control segment in 2020 was the dominant segment as per the market size
• Eaton (Ireland), ABB (Switzerland), Schneider Electric (France), Siemens (Germany),Honeywell International (US), Engie (France), General Electric (US), E.On (Germany), Landis+Gyr (Switzerland), Bosch (Germany), Itron (US), Trane Technologies (Ireland), Emerson (US), Tantalus system Corp, (US), Sunverge Energy Inc.(US), Provident Energy Management Inc. (Canada), Koben System Inc. (Canada), Lockheed Martin Corporation (US), NeoSilica (India), Uplight (US), Lumin (US), Span.IO (US), RacePoint Energy(US), Wattics Ltd (UK), and Appartme (Poland), among others, are the major vendors competing in the residential energy managementmarket.
Browse the Report @ https://www.globalmarketestimates.com/market-report/global-residential-energy-management-market-2807
Component Outlook (Revenue, USD Billion, 2021-2026)
• Hardware
• Remote Terminal Units
• Relays
• Load Control Switches
• Demand Response Devices
• Control Devices
• In- house Displays
• Software
• Energy Management Platform
• Energy Analytics
• Customer Engagement Platform
Communication Technology Outlook (Revenue, USD Billion, 2021-2026)
• Wired
• Fiber Optic
• Ethernet
• Powerline Carrier
• IP
• Wireless
• Radio Frequency Mesh
• Cellular Network
• WiMAX
Application Outlook (Revenue, USD Billion, 2021-2026)
• Power Monitoring & Control
• Load Shedding & Management
• Flexible Load Management
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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