Home Energy Management Systems: Global Strategic Business Report

Global Home Energy Management Systems Market to Reach $7.9 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Home Energy Management Systems estimated at US$3 Billion in the year 2020, is projected to reach a revised size of US$7.9 Billion by 2027, growing at a CAGR of 15% over the analysis period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record a 13.6% CAGR and reach US$3.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 16.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $879.6 Million, While China is Forecast to Grow at 14.5% CAGR

The Home Energy Management Systems market in the U.S. is estimated at US$879.6 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2027 trailing a CAGR of 14.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.4% and 12.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11% CAGR.

Services Segment to Record 14.9% CAGR

In the global Services segment, USA, Canada, Japan, China and Europe will drive the 14.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$568.2 Million in the year 2020 will reach a projected size of US$1.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 27 Featured) -

Allure Energy Inc.
C3 IoT
Capgemini SE
Cisco Systems, Inc.
GE Appliances
Hitachi Chemical Co., Ltd.
Honeywell International, Inc.
Intel Corporation
Johnson Controls, Inc.
Panasonic Corporation
Schneider Electric SA
Siemens AG
SmartThings
Toshiba Corporation

What's New for 2022?

Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and a Research Platform
Complimentary updates for one year

Frequently Asked Questions about the Global Market for Home Energy Management Systems

What is the estimated value of the Global Market for Home Energy Management Systems?

The Global Market for Home Energy Management Systems was estimated to be valued at $3 Billion in 2020.

What is the growth rate of the Global Market for Home Energy Management Systems?

The growth rate of the Global Market for Home Energy Management Systems is 14.8%, with an estimated value of $7.9 Billion by 2027.

What is the forecasted size of the Global Market for Home Energy Management Systems?

The Global Market for Home Energy Management Systems is estimated to be worth $7.9 Billion by 2027.

Who are the key companies in the Global Market for Home Energy Management Systems?

Key companies in the Global Market for Home Energy Management Systems include Allure Energy Inc., C3 IoT, Capgemini SE, Cisco Systems, Inc., GE Appliances, Hitachi Chemical Co., Ltd., Honeywell International, Inc., Intel Corporation and Panasonic Corporation.

Report Attribute	Details
No. of Pages	237
Published	October 2022
Forecast Period	2020 - 2027
Estimated Market Value ( USD ) in 2020	$ 3 Billion
Forecasted Market Value ( USD ) by 2027	$ 7.9 Billion
Compound Annual Growth Rate	14.8%
Regions Covered	Global

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Home Energy Management Systems - Global Key Competitors Percentage Market Share in 2020 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2020 (E)

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Home Energy Management Systems Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
Table 2: World Recent Past, Current & Future Analysis for Home Energy Management Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
Table 3: World 9-Year Perspective for Home Energy Management Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2019 & 2027
Table 4: World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
Table 5: World 9-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
Table 6: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
Table 7: World 9-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
Table 8: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
Table 9: World 9-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
Table 10: World Recent Past, Current & Future Analysis for Lighting Controls by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
Table 11: World 9-Year Perspective for Lighting Controls by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
Table 12: World Recent Past, Current & Future Analysis for Advanced Central Controllers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
Table 13: World 9-Year Perspective for Advanced Central Controllers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
Table 14: World Recent Past, Current & Future Analysis for Intelligent HVAC Controllers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
Table 15: World 9-Year Perspective for Intelligent HVAC Controllers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027
Table 16: World Recent Past, Current & Future Analysis for Other Product Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
Table 17: World 9-Year Perspective for Other Product Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2019 & 2027

III. MARKET ANALYSIS

UNITED STATES

Home Energy Management Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2020 (E)
Table 18: USA Recent Past, Current & Future Analysis for Home Energy Management Systems by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 19: USA 9-Year Perspective for Home Energy Management Systems by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2019 & 2027
Table 20: USA Recent Past, Current & Future Analysis for Home Energy Management Systems by Product Type - Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 21: USA 9-Year Perspective for Home Energy Management Systems by Product Type - Percentage Breakdown of Value Sales for Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types for the Years 2019 & 2027

CANADA

Table 22: Canada Recent Past, Current & Future Analysis for Home Energy Management Systems by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 23: Canada 9-Year Perspective for Home Energy Management Systems by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2019 & 2027
Table 24: Canada Recent Past, Current & Future Analysis for Home Energy Management Systems by Product Type - Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 25: Canada 9-Year Perspective for Home Energy Management Systems by Product Type - Percentage Breakdown of Value Sales for Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types for the Years 2019 & 2027

JAPAN

Home Energy Management Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2020 (E)
Table 26: Japan Recent Past, Current & Future Analysis for Home Energy Management Systems by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 27: Japan 9-Year Perspective for Home Energy Management Systems by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2019 & 2027
Table 28: Japan Recent Past, Current & Future Analysis for Home Energy Management Systems by Product Type - Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 29: Japan 9-Year Perspective for Home Energy Management Systems by Product Type - Percentage Breakdown of Value Sales for Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types for the Years 2019 & 2027

CHINA

Home Energy Management Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2020 (E)
Table 30: China Recent Past, Current & Future Analysis for Home Energy Management Systems by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 31: China 9-Year Perspective for Home Energy Management Systems by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2019 & 2027
Table 32: China Recent Past, Current & Future Analysis for Home Energy Management Systems by Product Type - Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 33: China 9-Year Perspective for Home Energy Management Systems by Product Type - Percentage Breakdown of Value Sales for Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types for the Years 2019 & 2027

EUROPE

Home Energy Management Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2020 (E)
Table 34: Europe Recent Past, Current & Future Analysis for Home Energy Management Systems by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027 and % CAGR
Table 35: Europe 9-Year Perspective for Home Energy Management Systems by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2019 & 2027
Table 36: Europe Recent Past, Current & Future Analysis for Home Energy Management Systems by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 37: Europe 9-Year Perspective for Home Energy Management Systems by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2019 & 2027
Table 38: Europe Recent Past, Current & Future Analysis for Home Energy Management Systems by Product Type - Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 39: Europe 9-Year Perspective for Home Energy Management Systems by Product Type - Percentage Breakdown of Value Sales for Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types for the Years 2019 & 2027

FRANCE

Home Energy Management Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2020 (E)
Table 40: France Recent Past, Current & Future Analysis for Home Energy Management Systems by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 41: France 9-Year Perspective for Home Energy Management Systems by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2019 & 2027
Table 42: France Recent Past, Current & Future Analysis for Home Energy Management Systems by Product Type - Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 43: France 9-Year Perspective for Home Energy Management Systems by Product Type - Percentage Breakdown of Value Sales for Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types for the Years 2019 & 2027

GERMANY

Home Energy Management Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2020 (E)
Table 44: Germany Recent Past, Current & Future Analysis for Home Energy Management Systems by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 45: Germany 9-Year Perspective for Home Energy Management Systems by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2019 & 2027
Table 46: Germany Recent Past, Current & Future Analysis for Home Energy Management Systems by Product Type - Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 47: Germany 9-Year Perspective for Home Energy Management Systems by Product Type - Percentage Breakdown of Value Sales for Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types for the Years 2019 & 2027

ITALY

Table 48: Italy Recent Past, Current & Future Analysis for Home Energy Management Systems by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 49: Italy 9-Year Perspective for Home Energy Management Systems by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2019 & 2027
Table 50: Italy Recent Past, Current & Future Analysis for Home Energy Management Systems by Product Type - Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 51: Italy 9-Year Perspective for Home Energy Management Systems by Product Type - Percentage Breakdown of Value Sales for Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types for the Years 2019 & 2027

UNITED KINGDOM

Home Energy Management Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2020 (E)
Table 52: UK Recent Past, Current & Future Analysis for Home Energy Management Systems by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 53: UK 9-Year Perspective for Home Energy Management Systems by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2019 & 2027
Table 54: UK Recent Past, Current & Future Analysis for Home Energy Management Systems by Product Type - Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 55: UK 9-Year Perspective for Home Energy Management Systems by Product Type - Percentage Breakdown of Value Sales for Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types for the Years 2019 & 2027

REST OF EUROPE

Table 56: Rest of Europe Recent Past, Current & Future Analysis for Home Energy Management Systems by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 57: Rest of Europe 9-Year Perspective for Home Energy Management Systems by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2019 & 2027
Table 58: Rest of Europe Recent Past, Current & Future Analysis for Home Energy Management Systems by Product Type - Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 59: Rest of Europe 9-Year Perspective for Home Energy Management Systems by Product Type - Percentage Breakdown of Value Sales for Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types for the Years 2019 & 2027

ASIA-PACIFIC

Home Energy Management Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2020 (E)
Table 60: Asia-Pacific Recent Past, Current & Future Analysis for Home Energy Management Systems by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 61: Asia-Pacific 9-Year Perspective for Home Energy Management Systems by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2019 & 2027
Table 62: Asia-Pacific Recent Past, Current & Future Analysis for Home Energy Management Systems by Product Type - Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 63: Asia-Pacific 9-Year Perspective for Home Energy Management Systems by Product Type - Percentage Breakdown of Value Sales for Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types for the Years 2019 & 2027

REST OF WORLD

Table 64: Rest of World Recent Past, Current & Future Analysis for Home Energy Management Systems by Offering - Hardware, Software and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 65: Rest of World 9-Year Perspective for Home Energy Management Systems by Offering - Percentage Breakdown of Value Sales for Hardware, Software and Services for the Years 2019 & 2027
Table 66: Rest of World Recent Past, Current & Future Analysis for Home Energy Management Systems by Product Type - Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types - Independent Analysis of Annual Sales in US$ Million for the Years 2018 through 2027 and % CAGR
Table 67: Rest of World 9-Year Perspective for Home Energy Management Systems by Product Type - Percentage Breakdown of Value Sales for Lighting Controls, Advanced Central Controllers, Intelligent HVAC Controllers and Other Product Types for the Years 2019 & 2027

IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

Allure Energy Inc.
C3 IoT
Capgemini SE
Cisco Systems, Inc.
GE Appliances
Hitachi Chemical Co., Ltd.
Honeywell International, Inc.
Intel Corporation
Johnson Controls, Inc.
Panasonic Corporation
Schneider Electric SA
Siemens AG
SmartThings
Toshiba Corporation

Global Home Energy Management Systems Market to Reach $7.9 Billion by 2027

The U.S. Market is Estimated at $879.6 Million, While China is Forecast to Grow at 14.5% CAGR

Services Segment to Record 14.9% CAGR

Select Competitors (Total 27 Featured) -

What's New for 2022?

What is the estimated value of the Global Market for Home Energy Management Systems?

What is the growth rate of the Global Market for Home Energy Management Systems?

What is the forecasted size of the Global Market for Home Energy Management Systems?

Who are the key companies in the Global Market for Home Energy Management Systems?

Table of Contents

Companies Mentioned

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