Press release
Smart Energy Devices Market Size US$ 83.4 Billion by 2033, CAGR 12.1%, North America Leads with 37% Share, Key Players Include Gree Electric & GE
Smart Energy Devices
Smart energy devices include advanced equipment and systems such as smart meters, smart thermostats, energy storage systems, IoT-enabled sensors, and connected power management solutions that monitor, control, and optimize energy usage. These devices support real-time data analytics, demand-response capabilities, and improved load balancing, helping utilities and consumers reduce energy costs and carbon emissions. Government initiatives promoting renewable energy integration, energy conservation programs, and enhanced grid reliability are further stimulating market adoption. Additionally, advancements in communication technologies, cloud computing, and AI-driven energy optimization are strengthening the long-term growth outlook for the smart energy devices market.
Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://www.datamintelligence.com/download-sample/smart-energy-devices-market?sai-v
The Smart Energy Devices Market refers to the global industry focused on connected, sensor-based, and software-enabled devices that monitor, manage, and optimize energy generation, distribution, and consumption.
Key Developments
✅ January 2026: In North America, utility companies accelerated deployment of AI-enabled smart meters to improve grid load forecasting and support dynamic pricing programs.
✅ December 2025: In Europe, adoption of connected home energy management systems increased as homeowners sought to optimize consumption and integrate renewable generation.
✅ November 2025: In Asia-Pacific, demand grew for IoT-based smart thermostats and smart plugs to enhance residential energy efficiency and demand response participation.
✅ October 2025: In Latin America, commercial energy users expanded use of smart sensors and submeters to improve facility energy benchmarking and operational cost control.
✅ September 2025: In the Middle East, energy service providers piloted grid-interactive smart devices to support peak load reduction and distributed energy resource integration.
✅ August 2025: In Africa, pilot programs deployed smart energy monitors and low-cost connected devices in community microgrid projects to improve local energy utilization insights.
Mergers & Acquisitions
✅ January 2026: In North America, a major energy technology company acquired a smart meter analytics startup to enhance its real-time grid intelligence solutions.
✅ December 2025: In Europe, a leading smart energy equipment manufacturer acquired an energy management software provider to strengthen its end-to-end solution offerings.
✅ November 2025: In Asia-Pacific, a regional IoT and smart device group acquired a distributor of connected energy devices to expand reach in emerging smart grid markets.
Key Players
Gree Electric Appliances Inc. | General Electric | Crown ElectroKinetics | Jabil Inc. | Invacare
Key Highlights
Gree Electric Appliances Inc. holds 29.3% share, driven by large-scale manufacturing capabilities, strong expertise in HVAC and smart climate-control technologies, and expanding adoption of advanced airflow and comfort solutions across commercial and residential applications.
General Electric holds 24.7% share, supported by strong engineering capabilities, diversified industrial and healthcare portfolios, and continued investment in connected and energy-efficient technologies.
Crown ElectroKinetics holds 17.5% share, benefiting from its focus on electrokinetic and smart glass technologies, innovation-led product launches, and strategic collaborations to accelerate commercialization.
Jabil Inc. holds 15.1% share, driven by its role as a key manufacturing and technology partner, strong supply chain integration, and ability to scale advanced electronic and medical device solutions.
Invacare holds 13.4% share, supported by a well-established presence in medical equipment and mobility solutions, strong distribution networks, and consistent demand from homecare and healthcare facilities.
Buy Now & Unlock 360° Market Intelligence: https://www.datamintelligence.com/buy-now-page?report=smart-energy-devices-market?sai-v
Market Drivers
- Rising global focus on energy efficiency and reduction of carbon emissions driving adoption of smart energy solutions.
- Growing deployment of smart grids and advanced metering infrastructure across residential, commercial, and industrial sectors.
- Increasing electricity demand and need for real-time energy monitoring and management.
- Government regulations and incentives supporting energy conservation and smart energy adoption.
- Advancements in IoT, AI, and connectivity technologies enhancing device intelligence and interoperability.
Industry Developments
- Continuous innovation in smart meters, smart thermostats, energy management systems, and connected sensors.
- Integration of AI-driven analytics for predictive energy consumption and load optimization.
- Strategic partnerships between energy utilities, technology providers, and device manufacturers.
- Expansion of smart energy device portfolios tailored for residential, commercial, and industrial applications.
- Increasing investments in cybersecurity and data protection for connected energy systems.
Regional Insights
North America - 37% share: "Driven by early adoption of smart grid technologies, strong regulatory support for energy efficiency, and widespread deployment of advanced metering systems."
Europe - 29% share: "Supported by strict energy efficiency regulations, strong renewable energy integration, and widespread smart meter rollout initiatives."
Asia Pacific - 28% share: "Fueled by rapid urbanization, expanding power infrastructure, rising electricity demand, and large-scale smart grid investments."
Latin America - 4% share: "Driven by gradual modernization of energy infrastructure and increasing adoption of smart metering solutions."
Middle East & Africa - 2% share: "Supported by smart city projects, power infrastructure upgrades, and growing focus on energy optimization technologies."
Speak to Our Analyst and Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/smart-energy-devices-market?sai-v
Key Segments
By Type
Smart meters dominate the market, driven by widespread deployment for real-time energy monitoring and grid optimization. Smart thermostats hold a significant share, supported by growing adoption of energy-efficient climate control solutions. Load control switches are gaining traction due to their role in demand-side management and peak load reduction. Electric vehicles represent a fast-growing segment, driven by electrification trends and integration with smart energy systems. Smart displays contribute notably by enabling real-time energy usage visualization. Smart home appliances, including smart kitchen appliances, are expanding steadily due to rising consumer adoption of connected living solutions. Smart connectivity appliances support interoperability and seamless communication across smart energy ecosystems.
By Component
Power components account for a major share, driven by the need for efficient energy management and conversion. Processing components hold a significant share, supported by increasing use of embedded intelligence and control systems. Memory components contribute steadily through data storage and real-time analytics needs. Communication interfaces are witnessing rapid growth, driven by increasing connectivity requirements and IoT integration.
By Application
Emission reduction represents a leading application segment, driven by global sustainability initiatives and regulatory mandates. Reducing carbon footprint holds a substantial share, supported by corporate and consumer focus on energy efficiency. Security of energy supply is gaining importance due to increasing need for grid resilience and reliability. Other applications contribute through optimization, monitoring, and predictive maintenance use cases.
Unlock 360° Market Intelligence with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription
Power your decisions with real-time competitor tracking, strategic forecasts, and global investment insights all in one place.
✅ Competitive Landscape
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Unmet Needs & Positioning, Pricing & Market Access Snapshots
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updated
✅ Live Market & Pricing Trends
✅ Import-Export Data Monitoring
Have a look at our Subscription Dashboard: https://www.youtube.com/watch?v=x5oEiqEqTWg
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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 Smart Energy Devices Market Size US$ 83.4 Billion by 2033, CAGR 12.1%, North America Leads with 37% Share, Key Players Include Gree Electric & GE here
News-ID: 4338526 • Views: …
More Releases from DataM intelligence 4 Market Research LLP
Beta-Glucan Market Set for Steady Growth at 7.05% CAGR Through 2031, Led by Euro …
The Global Beta-Glucan Market is expected to grow at a CAGR of 7.05% during the forecast period (2024-2031).
Market growth is driven by rising demand for functional foods and nutraceuticals, increasing consumer awareness of immune-boosting and cholesterol-lowering benefits, and expanding applications in animal feed and cosmetics. Advancements in extraction technologies from sources like oats, yeast, and mushrooms, coupled with regulatory approvals for health claims and growing investments in sustainable sourcing, are…
Smart Lock Market to Reach US$ 12.87 Billion by 2033 at 16.7% CAGR; North Americ …
The global Smart Lock Market reached US$ 3.45 billion in 2024 and is expected to reach US$ 12.87 billion by 2033, growing at a CAGR of 16.7% during the forecast period 2025-2033. Market growth is driven by increasing demand for smart home security solutions, rising adoption of IoT-enabled devices, and growing consumer preference for convenience, connectivity, and enhanced access control.
Smart locks are electronic locking systems that use technologies such as…
Global Dairy Alternatives for Infant Market to Reach USD 5.17 Billion by 2032, D …
The global dairy alternatives for infant market is experiencing rapid expansion as parents increasingly seek safe, plant-based, and hypoallergenic nutrition solutions for babies with lactose intolerance, cow milk protein allergy (CMPA), or digestive sensitivities. According to DataM Intelligence, the market is projected to grow from around USD 2.5 billion in 2024 to approximately USD 5.17 billion by 2032, registering a robust CAGR of 9.5% during the forecast period. This growth…
Thailand Food Supplement Market is set to reach US$2,522.65 million by 2027, Mar …
The Thailand Food Supplement Market recorded a value of US$2,023.52 million in 2023 and is expected to reach US$2,522.65 million in 2027, growing at a CAGR of 5.90% during the forecast period (2024-2027).
The food supplement market in Thailand is characterized by a growing awareness of health and wellness among its population. As Thai consumers become more health-conscious, there is a rising demand for dietary supplements that address various health needs,…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
