Global Home Energy Management Systems Market

- Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025

  • Date Energy and Power
  • Date August 2018
  • price $3995
 
 

Home Energy Management Systems Market Overview:

Home energy management system (HEMS) is a set of automated controls that allow users to monitor and optimize energy usage. These systems ensure power management in smart homes and buildings where home appliances and sensor devices are interconnected. In addition, these systems offer economical and security benefits apart from reducing greenhouse gas emissions. The global home energy management systems market was valued at $1,875.7 million in 2017 and is projected to reach $6,521.6 million by 2025, growing at a CAGR of 17.0% from 2018 to 2025.

Factors such as increase in energy cost and rise in consumer demand for green house with less emissions drive the growth of the global home energy management systems market. In addition, seamless internet connectivity boosts the demand for HEMS among consumers. However, high installation cost, compatibility of devices, and data privacy & security concerns are expected to impede the market growth. Continuous technological advancements in energy management systems are expected to offer lucrative growth opportunities for market expansion in the near future.

The global home energy management systems market is studied on the basis of offering, service, component, market vertical, and region. Based on offering, the market is bifurcated into component and service. In 2017, the service segment dominated the global HEMS market in terms of revenue and is expected to maintain its dominance during the forecast period. Based on service, the market is divided into monitoring & control, implementation & integration, maintenance, and consulting & training. The component segment is classified into sensor, controller, software, and others. Based on market vertical, the HEMS market is categorized into power & energy, telecom & IT, manufacturing, enterprise, healthcare, and others segment. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics

Drivers

  • Rise in energy cost
  • Increase in customer demand for eco-friendly homes
  • Technological advancements in sensors, monitoring, and control devices

Restraints

  • High installation cost
  • Compatibility of different devices
  • Data privacy and security

Market Players

The top players in the global home energy management systems market include Honeywell International Inc., Nest Labs, Sharp Corporation, General Electric Company, Panasonic Corporation, Schneider electric, Johnson control, Siemens, Intel Corporation, and Cisco Systems Inc.

KEY TAKEAWAYS

MARKET LANDSCAPE

By Offering

  • Component
  • Service
  • By Service
  • Monitoring & Control
  • Implementation & Integration
  • Maintenance
  • Consulting & Training

By Component

  • Sensor
  • Controller
  • Software
  • Others

By Market Vertical

  • Power & Energy
  • Telecom & IT
  • Manufacturing
  • Enterprise
  • Healthcare
  • Others

By Region

  • North America
    • U.S.
    • Mexico
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

SECTION 1 EXECUTIVE SUMMARY
1.1. KEY FINDINGS
1.2. MARKET ATTRACTIVENESS AND TREND ANALYSIS
1.3. COMPETITIVE LANDSCAPE AND RECENT INDUSTRY DEVELOPMENT ANALYSIS
SECTION 2 INTRODUCTION
2.1. REPORT DESCRIPTION
2.2. SCOPE AND DEFINITION
2.3. RESEARCH METHODOLOGY
SECTION 3 MARKET LANDSCAPE
3.1. GROWTH DRIVERS
3.1.1.Impact Analysis
3.2. RESTRAINTS AND CHALLENGES
3.2.1.Impact Analysis
3.3. PORTERS ANALYSIS
3.3.1.Bargaining Power of Buyers
3.3.2.Bargaining Power of Suppliers
3.3.3.Threat of Substitutes
3.3.4.Industry Rivalry
3.3.5.Threat of New Entrants
3.4. GLOBAL HOME ENERGY MANAGEMENT SYSTEMS TECHNOLOGIES MARKET SHARES ANALYSIS, 2014-2025
3.4.1.Global Home Energy Management Systems Technologies Market Share by Offering, 2014-2025
3.4.2.Global Home Energy Management Systems Technologies Market Share by Service, 2014-2025
3.4.3.Global Home Energy Management Systems Technologies Market Share by Component, 2014-2025
3.4.4.Global Home Energy Management Systems Technologies Market Share by Market Vertical, 2014-2025
3.4.5.Global Home Energy Management Systems Technologies Market Share by Region, 2014-2025
SECTION 4 HOME ENERGY MANAGEMENT SYSTEMS MARKET, BY OFFERING
4.1. COMPONENT
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. SERVICE
4.2.1. Historical Market Size by Region, 2014-2016
4.2.2. Market Forecast by Region, 2017-2025
SECTION 5 HOME ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICE
5.1. MONITORING & CONTROL
5.1.1. Historical Market Size by Region, 2014-2016
5.1.2. Market Forecast by Region, 2017-2025
5.2. IMPLEMENTATION & INTEGRATION
5.2.1. Historical Market Size by Region, 2014-2016
5.2.2. Market Forecast by Region, 2017-2025
5.3. MAINTENANCE
5.3.1. Historical Market Size by Region, 2014-2016
5.3.2. Market Forecast by Region, 2017-2025
5.4. CONSULTING & TRAINING
5.4.1. Historical Market Size by Region, 2014-2016
5.4.2. Market Forecast by Region, 2017-2025
SECTION 6 HOME ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT
6.1. SENSOR
6.1.1. Historical Market Size by Region, 2014-2016
6.1.2. Market Forecast by Region, 2017-2025
6.2. CONTROLLER
6.2.1. Historical Market Size by Region, 2014-2016
6.2.2. Market Forecast by Region, 2017-2025
6.3. SOFTWARE
6.3.1. Historical Market Size by Region, 2014-2016
6.3.2. Market Forecast by Region, 2017-2025
6.4. OTHERS
6.4.1. Historical Market Size by Region, 2014-2016
6.4.2. Market Forecast by Region, 2017-2025
SECTION 7 HOME ENERGY MANAGEMENT SYSTEMS MARKET, BY MARKET VERTICAL
7.1. POWER & ENERGY
7.1.1. Historical Market Size by Region, 2014-2016
7.1.2. Market Forecast by Region, 2017-2025
7.2. TELECOM & IT
7.2.1. Historical Market Size by Region, 2014-2016
7.2.2. Market Forecast by Region, 2017-2025
7.3. MANUFACTURING
7.3.1. Historical Market Size by Region, 2014-2016
7.3.2. Market Forecast by Region, 2017-2025
7.4. ENTERPRISE
7.4.1. Historical Market Size by Region, 2014-2016
7.4.2. Market Forecast by Region, 2017-2025
7.5. HEALTHCARE
7.5.1. Historical Market Size by Region, 2014-2016
7.5.2. Market Forecast by Region, 2017-2025
7.6. OTHERS
7.6.1. Historical Market Size by Region, 2014-2016
7.6.2. Market Forecast by Region, 2017-2025
SECTION 8 HOME ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION
8.1. NORTH AMERICA
8.1.1. U.S.
8.1.1.1. Historical Market Size, 2014-2016
8.1.1.2. Market Forecast, 2017-2025
8.1.2. Canada
8.1.2.1. Historical Market Size, 2014-2016
8.1.2.2. Market Forecast, 2017-2025
8.1.3. Mexico
8.1.3.1. Historical Market Size, 2014-2016
8.1.3.2. Market Forecast, 2017-2025
8.2. EUROPE
8.2.1. Germany
8.2.1.1. Historical Market Size, 2014-2016
8.2.1.2. Market Forecast, 2017-2025
8.2.2. UK
8.2.2.1. Historical Market Size, 2014-2016
8.2.2.2. Market Forecast, 2017-2025
8.2.3. France
8.2.3.1. Historical Market Size, 2014-2016
8.2.3.2. Market Forecast, 2017-2025
8.2.4. Rest of Europe
8.2.4.1. Historical Market Size, 2014-2016
8.2.4.2. Market Forecast, 2017-2025
8.3. ASIA-PACIFIC
8.3.1. China
8.3.1.1. Historical Market Size, 2014-2016
8.3.1.2. Market Forecast, 2017-2025
8.3.2. Japan
8.3.2.1. Historical Market Size, 2014-2016
8.3.2.2. Market Forecast, 2017-2025
8.3.3. India
8.3.3.1. Historical Market Size, 2014-2016
8.3.3.2. Market Forecast, 2017-2025
8.3.4. Rest of Asia-Pacific
8.3.4.1. Historical Market Size, 2014-2016
8.3.4.2. Market Forecast, 2017-2025
8.4. LAMEA
8.4.1. Latin America
8.4.1.1. Historical Market Size, 2014-2016
8.4.1.2. Market Forecast, 2017-2025
8.4.2. Middle East
8.4.2.1. Historical Market Size, 2014-2016
8.4.2.2. Market Forecast, 2017-2025
8.4.3. Africa
8.4.3.1. Historical Market Size, 2014-2016
8.4.3.2. Market Forecast, 2017-2025
SECTION 9 COMPANY PROFILES
9.1. HONEYWELL INTERNATIONAL INC.
9.1.1. Overview
9.1.2. Financials and business segments
9.1.3. Recent Developments
9.2. NEST LABS
9.2.1. Overview
9.2.2. Financials and business segments
9.2.3. Recent Developments
9.3. SHARP CORPORATION
9.3.1. Overview
9.3.2. Financials and business segments
9.3.3. Recent Developments
9.4. GENERAL ELECTRIC COMPANY
9.4.1. Overview
9.4.2. Financials and business segments
9.4.3. Recent Developments
9.5. PANASONIC CORPORATION
9.5.1. Overview
9.5.2. Financials and business segments
9.5.3. Recent Developments
9.6. SCHNEIDER ELECTRIC
9.6.1. Overview
9.6.2. Financials and business segments
9.6.3. Recent Developments
9.7. JOHNSON CONTROL
9.7.1. Overview
9.7.2. Financials and business segments
9.7.3. Recent Developments
9.8. SIEMENS
9.8.1. Overview
9.8.2. Financials and business segments
9.8.3. Recent Developments
9.9. INTEL CORPORATION
9.9.1. Overview
9.9.2. Financials and business segments
9.9.3. Recent Developments
9.10. CISCO SYSTEMS INC.
9.10.1. Overview
9.10.2. Financials and business segments
9.10.3. Recent Developments

TABLE 1. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR OFFERING, BY REGION, 2017-2025, $MILLION
TABLE 2. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR SERVICE, BY REGION, 2017-2025, $MILLION
TABLE 3. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR COMPONENT, BY REGION, 2017-2025, $MILLION
TABLE 4. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR MARKET VERTICAL, BY REGION, 2017-2025, $MILLION
TABLE 5. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR POWER & ENERGY, BY REGION, 2017-2025, $MILLION
TABLE 6. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR TELECOM & IT, BY REGION, 2017-2025, $MILLION
TABLE 7. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR MANUFACTURING, BY REGION, 2017-2025, $MILLION
TABLE 8. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR ENTERPRISE, BY REGION, 2017-2025, $MILLION
TABLE 9. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR HEALTHCARE, BY REGION, 2017-2025, $MILLION
TABLE 10. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR OTHERS, BY REGION, 2017-2025, $MILLION
TABLE 11. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR NORTH AMERICA, BY COUNTRY, 2014-2025, $MILLION
TABLE 12. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR NORTH AMERICA, BY OFFERING, 2014-2025, $MILLION
TABLE 13. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR NORTH AMERICA, BY SERVICES, 2014-2025, $MILLION
TABLE 14. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR NORTH AMERICA, BY COMPONENT, 2014-2025, $MILLION
TABLE 15. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR NORTH AMERICA, BY MARKET VERTICAL, 2014-2025, $MILLION
TABLE 16. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR EUROPE, BY COUNTRY, 2014-2025, $MILLION
TABLE 17. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR EUROPE, BY OFFERING, 2014-2025, $MILLION
TABLE 18. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR EUROPE, BY SERVICES, 2014-2025, $MILLION
TABLE 19. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR EUROPE, BY COMPONENT, 2014-2025, $MILLION
TABLE 20. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR EUROPE, BY MARKET VERTICAL, 2014-2025, $MILLION
TABLE 21. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR ASIA-PACIFIC, BY COUNTRY, 2014-2025, $MILLION
TABLE 22. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR ASIA-PACIFIC, BY OFFERING, 2014-2025, $MILLION
TABLE 23. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR ASIA-PACIFIC, BY SERVICES, 2014-2025, $MILLION
TABLE 24. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR ASIA-PACIFIC, BY COMPONENT, 2014-2025, $MILLION
TABLE 25. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR ASIA-PACIFIC, BY MARKET VERTICAL, 2014-2025, $MILLION
TABLE 26. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR LAMEA, BY COUNTRY, 2014-2025, $MILLION
TABLE 27. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR LAMEA, BY OFFERING, 2014-2025, $MILLION
TABLE 28. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR LAMEA, BY SERVICE, 2014-2025, $MILLION
TABLE 29. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR LAMEA, BY COMPONENT, 2014-2025, $MILLION
TABLE 30. HOME ENERGY MANAGEMENT SYSTEMS MARKET VALUE FOR LAMEA, BY MARKET VERTICAL, 2014-2025, $MILLION
TABLE 31. HONEYWELL INTERNATIONAL - COMPANY SNAPSHOT
TABLE 32. NEST LABS - COMPANY SNAPSHOT
TABLE 33. SHARP CORPORATION - COMPANY SNAPSHOT
TABLE 34. GENERAL ELECTRIC COMPANY - COMPANY SNAPSHOT
TABLE 35. PANASONIC CORPORATION - COMPANY SNAPSHOT
TABLE 36. SCHNEIDER ELECTRIC - COMPANY SNAPSHOT
TABLE 37. JOHNSON CONTROL - COMPANY SNAPSHOT
TABLE 38. SIEMENS - COMPANY SNAPSHOT
TABLE 39. INTEL CORPORATION - COMPANY SNAPSHOT
TABLE 40. CISCO SYSTEMS INC. - COMPANY SNAPSHOT

FIGURE 1.HOME ENERGY MANAGEMENT SYSTEMS: POWER & ENERGY MARKET VALUE, 2014-2016, $MILLION
FIGURE 2.HOME ENERGY MANAGEMENT SYSTEMS: TELECOM & IT MARKET VALUE, 2014-2016, $MILLION
FIGURE 3.HOME ENERGY MANAGEMENT SYSTEMS: MANUFACTURING MARKET VALUE, 2014-2016, $MILLION
FIGURE 4.HOME ENERGY MANAGEMENT SYSTEMS: ENTERPRISE MARKET VALUE, 2014-2016, $MILLION
FIGURE 5.HOME ENERGY MANAGEMENT SYSTEMS: HEALTHCARE MARKET VALUE, 2014-2016, $MILLION
FIGURE 6.HOME ENERGY MANAGEMENT SYSTEMS: OTHERS MARKET VALUE, 2014-2016, $MILLION
FIGURE 7.HOME ENERGY MANAGEMENT SYSTEMS: NORTH AMERICA MARKET VALUE, 2014-2016, $MILLION
FIGURE 8.HOME ENERGY MANAGEMENT SYSTEMS: U.S. MARKET VALUE, 2014-2016, $MILLION
FIGURE 9.HOME ENERGY MANAGEMENT SYSTEMS: CANADA MARKET VALUE, 2014-2016, $MILLION
FIGURE 10.HOME ENERGY MANAGEMENT SYSTEMS: MEXICO MARKET VALUE, 2014-2016, $MILLION
FIGURE 11.HOME ENERGY MANAGEMENT SYSTEMS: EUROPE MARKET VALUE, 2014-2016, $MILLION
FIGURE 12.HOME ENERGY MANAGEMENT SYSTEMS: GERMANY MARKET VALUE, 2014-2016, $MILLION
FIGURE 13.HOME ENERGY MANAGEMENT SYSTEMS: U.K. MARKET VALUE, 2014-2016, $MILLION
FIGURE 14.HOME ENERGY MANAGEMENT SYSTEMS: FRANCE MARKET VALUE, 2014-2016, $MILLION
FIGURE 15.HOME ENERGY MANAGEMENT SYSTEMS: REST OF EUROPE MARKET VALUE, 2014-2016, $MILLION
FIGURE 16.HOME ENERGY MANAGEMENT SYSTEMS: ASIA-PACIFIC MARKET VALUE, 2014-2016, $MILLION
FIGURE 17.HOME ENERGY MANAGEMENT SYSTEMS: CHINA MARKET VALUE, 2014-2016, $MILLION
FIGURE 18.HOME ENERGY MANAGEMENT SYSTEMS: JAPAN MARKET VALUE, 2014-2016, $MILLION
FIGURE 19.HOME ENERGY MANAGEMENT SYSTEMS: INDIA MARKET VALUE, 2014-2016, $MILLION
FIGURE 20.HOME ENERGY MANAGEMENT SYSTEMS: REST OF ASIA-PACIFIC MARKET VALUE, 2014-2016, $MILLION
FIGURE 21.HOME ENERGY MANAGEMENT SYSTEMS: LAMEA MARKET VALUE, 2014-2016, $MILLION
FIGURE 22.HOME ENERGY MANAGEMENT SYSTEMS: LATIN AMERICA MARKET VALUE, 2014-2016, $MILLION
FIGURE 23.HOME ENERGY MANAGEMENT SYSTEMS: MIDDLE-EAST MARKET VALUE, 2014-2016, $MILLION
FIGURE 24.HOME ENERGY MANAGEMENT SYSTEMS: AFRICA MARKET VALUE, 2014-2016, $MILLION

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