Press release
Residential Energy Management Market Size, Share, Trends, Insights And Forecast To 2033
Residential Energy Management Market
As per the report, the residential energy management market size has grown rapidly in recent years. It will grow from $2.86 billion in 2023 to $3.23 billion in 2024 at a compound annual growth rate (CAGR) of 12.9%. The residential energy management market size is expected to see rapid growth in the next few years. It will grow to $5.04 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=13223&type=smp
Residential Energy Management Market Surges With The Surge In Residential Building Construction
Rising residential building construction is expected to propel the growth of the residential energy management market going forward. Residential buildings refer to structures specifically designed and constructed for people. Residential buildings can range from single-family houses to apartments and townhouses. Residential energy management is extensively used in residential buildings to optimize energy consumption, enhance efficiency, and promote sustainability. For instance, in June 2023, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, US-based government administrations, in May 2023, privately owned home starts were occurring at a seasonally adjusted annual pace of 1,631,000, representing a 21.7% increase over the revised April 2023 prediction of 1,340,000 and a 5.7% increase over the May 2022 rate of 1,543,000. The number of privately owned home completions in May 2023 was 1,518,000 on a seasonally adjusted yearly basis. This is 5.0% over the May 2022 rate of 1,446,000 and 9.5% above the revised April 2023 estimate of 1,386,000. Therefore, rising residential building construction is driving the growth of the residential energy management market.
Transforming Homes With Smart And Sustainable Residential Energy Management Solutions
Major companies operating in the residential energy management market are integrating their efforts into introducing intelligent and sustainable home energy management solutions, such as Schneider Home, to gain a competitive edge in the market. Sustainable home energy management solutions are technological system that allow homeowners to manage their energy consumption efficiently, reduce their carbon footprint, and improve the sustainability of their homes. For instance, in January 2023, Schneider Electric SE, a France-based multinational company, launched Schneider Home, a first-of-its-kind, simple, and comprehensive residential energy management solution that can help homeowners save energy and money and reduce their environmental impact. The solution includes various components, such as a home battery, solar inverter, smart electrical panel, electric vehicle charger, and connected electric sockets and light switches, all controlled by a user-friendly app. This app automates energy production and storage, offers geofencing and occupancy sensing features, and helps homeowners save on energy costs while reducing their environmental impact.
The residential energy management market covered in this report is segmented -
1) By Component: Hardware, Software
2) By Type: Energy Management Platform (EMP), Energy Analytics, Customer Engagement Platform (CEP)
3) By Application: Power Monitoring And Control, Load Shedding And Management, Flexible Load Management
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=13223&type=discount
Major companies operating in the residential energy management market report are Samsung Electronics Co. Ltd., Microsoft Corporation, Tesla Inc., Siemens AG, General Electric Company, LG Electronics Inc., Panasonic Holdings Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., Toshiba Corporation, Daikin Industries Ltd., Haier Smart Home, Johnson Controls International PLC, Eaton Corporation PLC, Carrier Global Corporation, Trane Technologies plc, Enphase Energy Inc., SunPower Corporation, Vivint Smart Home Inc., ecobee, SmartRent, Tado Gmbh, Dandelion Energy, Span.IO Inc., Bosch Thermotechnik GmbH, OhmConnect, Sunverge Energy Inc., The Mobility House Gmbh, Mixergy Ltd.
Contents of the report:
1. Executive Summary
2. Residential Energy Management Market Report Structure
3. Residential Energy Management Market Trends And Strategies
4. Residential Energy Management Market - Macro Economic Scenario
5. Residential Energy Management Market Size And Growth
…..
27. Residential Energy Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/residential-energy-management-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Residential Energy Management Market Size, Share, Trends, Insights And Forecast To 2033 here
News-ID: 3573889 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Energy
Green Renewable Energy Market Next Big Thing: Enphase Energy, Bloom Energy, Clea …
Advance Market Analytics published a new research publication on "Green Renewable Energy Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Green Renewable Energy market was mainly driven by the increasing R&D spending across the world.
Get inside Scoop of the…
Business Energy Solution Market Size in 2023 To 2029 | SSE Energy Solutions, BES …
The large-scale Business Energy Solution market report provides valuable insights for clients looking to forecast investments in emerging markets, expand market share, or launch new products. The report presents multifaceted Business Energy Solution market insights that are simplified using established tools and techniques, making it a credible marketing report. Data is presented in a clear and easy-to-understand manner, with graphs and charts to aid comprehension. The report employs integrated approaches…
Decentralized Energy Storage Market Is Booming Worldwide | Fuelcell Energy, Enph …
A new business intelligence report released by AMA with title "Decentralized Energy Storage Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Decentralized Energy Storage Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics…
Waste-To-Energy Technologies Market Top Growing Companies: Xcel Energy, Novo Ene …
Qurate Business Intelligence’s up-to-date research study on Waste-To-Energy Technologies was performed by highly qualified research professionals and industry experts. This is to provide an in-depth analysis on the Waste-To-Energy Technologies. The report is comprehensive and includes over 120 pages. The global energy market is witnessing a shift toward waste to energy technologies due to growing energy demands worldwide, the rapid depletion of conventional sources of energy, and concerns over…
Waste To Energy Market ||Novo Energy Ltd., Hitachi Zosen, Foster Wheeler A.G., S …
Zion Market Research published a new 110+ pages industry research "Global Waste to Energy Market Set For Rapid Growth, To Reach Value Around USD 42.74 Billion By 2024" is exhaustively researched and analyzed in the report to help market players to improve their business tactics and ensure long-term success. The authors of the report have used easy-to-understand language and uncomplicated statistical images but provided thorough information and detailed data on…
In-Pipe Hydro Systems Market | key player - Lucid Energy, Rentricity, Tecnoturbi …
Looking at the current market trends as well as the promising demand status of the “In-Pipe Hydro Systems Market” it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assisting…
