Press release
Home Energy Management Systems Retail Market Share 2021 COVID-19 Impact and Regional Outlook 2030
The effective hardware and software system that facilitates home users to monitor and reduce the energy consumption of the various electrical devices installed in the homes is a home energy management system. HEMS consists of five different products, which assist in managing and reducing energy consumption. These products have self-monitoring systems, lighting controls, programmable communicating thermostats, advanced central controllers, and intelligent HVAC controllers.
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The growth of the HEMS market is increased by the growing awareness of energy management and rising investment in smart grids. The high cost of implementation of HEMS technology would impede the growth of the HEMS market.
Home Energy Management Systems Retail Market for Insulation Market Segmentation:
Home Energy Management Systems Retail Market, by Type
Hardware
Software
Services
Home Energy Management Systems Retail Market, by Communication Technology
ZigBee
Wi-Fi
Home plug
Others
Based on the region, the Home Energy Management Systems Retail Market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2020, Asia Pacific held the largest share in the Home Energy Management Systems Retail Market, followed by North America.
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Home Energy Management Systems Retail Market, by region
North America
US
Canada
Mexico
Europe
Germany
Italy
France
UK
Spain
Poland
Russia
Slovenia
Slovakia
The Netherlands
Belgium
Norway
Denmark
Czech Republic
Sweden
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Indonesia
Malaysia
Thailand
Vietnam
The Philippines
Singapore
Australia & New Zealand
Rest of Asia Pacific
South America
Brazil
Argentina
Colombia
Rest of Latin America
The Middle East & Africa
Saudi Arabia
UAE
South Africa
Northern Africa
Rest of MEA
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Major market players covered in the Home Energy Management Systems Retail Market:
Schneider Electric
Panasonic Corporation
Honeywell International
Cisco Systems, Inc.
General Electric Company
Emerson Electric Co.
Johnson Controls, Inc.
Siemens AG
AlertMe.com
Blue Line Innovation
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