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.
Technavio’s 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
Technavio's 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 driver
• Growing adoption of smart grid technologies
• For a full, detailed list, view our report
Market challenge
• High cost of implementation and interoperability issues
• For a full, detailed list, view our report
Market trend
• Growing demand for smart homes
• For a full, detailed list, view our 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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
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
