Global Home Energy Management Systems Market 2017-2021

  • ID: 4143831
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Allure Energy
  • Capgemini
  • Hitachi
  • Intel
  • Liricco Technology
  • Schneider Electric
  • MORE
About Home Energy Management Systems

HEMS are devices that are installed in residential buildings to enable the provision of feedback on electricity consumption patterns and power consumption data for individual appliances. These systems perform pre-programmed functions, such as maintaining the temperature of houses. In addition, HEMS not only provide demand-response prompts from utility loads but also provide data about loads generated by microgrids. The data generated are provided to users, wherein they can view their energy consumption patterns and compare them with historical data.

The analysts forecast the global home energy management systems market to grow at a CAGR of 18.71% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global home energy management systems market for 2017-2021. To calculate the market size, the report considers the new installations in the market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Home Energy Management Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Cisco Systems
- Honeywell
- Panasonic
- Schneider Electric

Other prominent vendors
- Allure Energy
- C3 IoT
- Capgemini
- GE Appliances and Lighting
- Hitachi
- Intel
- Johnson Controls
- Liricco Technology
- Siemens
- SmartThings (a wholly owned subsidiary of Samsung Electronics)
- Toshiba

Market drivers
- Growing adoption of smart grid technologies

- For a full, detailed list, view the full report

Market challenges
- High cost of implementation and interoperability issues
- For a full, detailed list, view the full report

Market trends
- Growing demand for smart homes
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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FEATURED COMPANIES

  • Allure Energy
  • Capgemini
  • Hitachi
  • Intel
  • Liricco Technology
  • Schneider Electric
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Global HEMS market segmentation by product
  • Global HEMS market by lighting controls
  • Global HEMS market by self-monitoring systems segment
  • Global HEMS market by programmable thermostats segment
  • Global HEMS market by advanced central controllers
PART 07: Geographical segmentation
  • Global HEMS market segmentation by geography
  • HEMS market in the Americas
  • HEMS market in EMEA
  • HEMS market in APAC
PART 08: Key leading countries
  • US
  • Germany
  • UK
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 11: Market trends
  • Growing demand for smart homes
  • Rapid advances in technology and reduction in technology costs
  • Increasing role of utilities in energy management
PART 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 13: Key vendor analysis
  • Cisco Systems
  • Honeywell
  • Panasonic
  • Schneider Electric
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Functions of HEMS
Exhibit 02: Global HEMS market
Exhibit 03: Global HEMS market 2016-2021 ($ billions)
Exhibit 04: Range of LCOE (dollars per kWh)
Exhibit 05: Countries with energy efficiency policies and targets
Exhibit 06: Five forces analysis
Exhibit 07: Global HEMS market segmentation by product 2016-2021 (%)
Exhibit 08: Global HEMS market segmentation by product 2016-2021 ($ billions)
Exhibit 09: Global HEMS market by lighting controls 2016-2021 ($ billions)
Exhibit 10: Global HEMS market by self-monitoring systems segment 2016-2021 ($ billions)
Exhibit 11: Global HEMS market by programmable thermostats segment 2016-2021 ($ billions)
Exhibit 12: Global HEMS market by advanced central controllers 2016-2021 ($ billions)
Exhibit 13: Global HEMS market segmentation by geography 2016-2021 (%)
Exhibit 14: Global HEMS market segmentation by geography 2016-2021 ($ billions)
Exhibit 15: HEMS market in the Americas 2016-2021 ($ billions)
Exhibit 16: HEMS market in EMEA 2016-2021 ($ billions)
Exhibit 17: HEMS market in APAC 2016-2021 ($ billions)
Exhibit 18: Average household's electricity price in EU-28 and US 2012–2015 ($/kWh)
Exhibit 19: Impact of drivers
Exhibit 20: Impact of challenges
Exhibit 21: Global smart home market 2016-2021 ($ billions)
Exhibit 22: Honeywell: Energy efficient solutions
Exhibit 23: Honeywell: Product portfolio
Exhibit 24: Schneider Electric: product portfolio
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FEATURED COMPANIES

  • Allure Energy
  • Capgemini
  • Hitachi
  • Intel
  • Liricco Technology
  • Schneider Electric
  • MORE
New Report Released: – Global Home Energy Management Systems Market 2017-2021

The author of the report recognizes the following companies as the key players in the global home energy management systems market: Cisco Systems, Honeywell, Panasonic, and Schneider Electric.

Other Prominent Vendors in the market are: Allure Energy, C3 IoT, Capgemini, GE Appliances and Lighting, Hitachi, Intel, Johnson Controls, Liricco Technology, Siemens, SmartThings, and Toshiba.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is growing demand for smart homes. The smart home concept is rapidly gaining ground as consumers seek to improve domestic convenience through electronic devices. This is an evolutionary development in the residential real-estate sector with the primary aim to make living more comfortable, convenient, secure, entertaining, and sustainable. Today, smart home technologies using advanced sensors are affordable.”

According to the report, one of the major drivers for this market is growing adoption of smart grid technologies. The growing adoption of smart grids is one of the key factors for the increased use of HEMS. Globally, utilities are adopting smart grid technologies as a measure to improve the reliability of the grid and for achieving energy efficiency. Technologies such as remote terminal units, intelligent electronic devices, and other supervisory control and data acquisition systems are being adopted in the transmission and distribution infrastructure, while smart meters are being installed in consumer homes.

Further, the report states that one of the major factors hindering the growth of this market is high cost of implementation and interoperability issues. Installing HEMS is highly expensive as it involves the use of many components such as sensors, displays, and software, which are interconnected to save energy consumption. This makes many homeowners reluctant to invest in these systems, as they do not find HEMS beneficial and the return on investment is perceived to be negligible. The premium pricing of the system and products hinders the adoption of HEMS among end-users. In addition, other expenses such as installation and maintenance costs are also high, which hinder the adoption of HEMS among many end-users.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Cisco Systems
  • Honeywell
  • Panasonic
  • Schneider Electric
  • Allure Energy
  • C3 IoT
  • Capgemini
  • GE Appliances and Lighting
  • Hitachi
  • Intel
  • Johnson Controls
  • Liricco Technology
  • Siemens
  • SmartThings
  • Toshiba
Note: Product cover images may vary from those shown
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