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Home Energy Management Systems: Global Strategic Business Report

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    Report

  • 237 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5139834

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.

Table of Contents

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