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Home Energy Management System (HEMS) Market

Home Energy Management System (HEMS) Market Size, Share & Growth Analysis By Function (Control Device, Display/Communication Device, User Interface), By Technology (Z-wave, ZigBee, Wi-fi, Homeplug, Others), By Software and Service (Behavioral, Proactive), By Application (Home Area Network (HAN), Home Energy Gateway, Home Automation, Other), And Regional Forecast, 2022-2028

  • No of Pages: 118
  • Published On: Jan 2023
  • Format: PDF
  • Report ID : 21777

Report Summary

Eternity Insights can provide a deep dive research report highlighting the market and competitive in-telligence across the key segments of the market. The report also considers the impact of COVID-19 on the global Home Energy Management System (HEMS) market. The report considers 2018-2020 historic period, 2021 as base year, and 2022-2028 as forecast period. The report includes quantitative analysis of the market supported by the market drivers, challenges, and trends to accurately map the market scenario and competition.

Home Energy Management System (HEMS) market report is based on robust research methodology designed using blend of research approaches developed using secondary/desk research and validated through primary research and expert insights. Eternity Insights also uses paid data bases such as FACIVA, Hoovers, and other bench-marking and forecasting tools to provide accurate statistical analysis of supply and demand trends.

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Key Research Highlights: Market Drivers

The Home Energy Management System (HEMS) market is estimated to expand at a considerable growth rate during the forecast period ow-ing to increasing prevalence of venous diseases and increasing new product approvals to cater this demand. Rise in the awareness about diseases, increasing importance of early diagnosis, and growing spending on chronic diseases are poised to boost the market growth. Moreover, the key players in the market are investing in research and development of technologically advanced products leading to increased utilization of Home Energy Management System (HEMS) products across developed and developing countries of the world.

Key Research Highlights: Market Restraints

Limited awareness about the diseases, high cost of products, low economical condition, and lack of favorable insurance systems restricts the adoption of Home Energy Management System (HEMS) products across developing regions of the globe. However, launch of new products with low cost and increasing efforts for market penetration in these regions can offer lucrative growth opportunities for the players in the HomeEnergyManagementSystem(HEMS) market.

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Key Research Highlights: Trends

Increasing research and development spending on HomeEnergyManagementSystem(HEMS) development has been the leading industry trend of Home Energy Management System (HEMS) market

The leading players in the market are focused on developing products which are cost-effective and high quality to tap the huge unaddressed opportunities in the developing regions. This can be witnessed from the increasing spending on research and development and growing number of new product approvals.

Global Home Energy Management System (HEMS) Market Size, 2018-2028 (USD MILLION)

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Market Segmentation

Report Attributes Details
The market size value in 2021 USD XX.XX Million
CAGR (2021 - 2028) XX.XX %
The Revenue forecast in 2028 USD XX.XX Million
Base year for estimation 2021
Historical data 2018-2019
Forecast period 2022-2028
Quantitative units
  • Revenue in USD Million
  • CAGR from 2021 to 2028
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments Covered By Function Outlook, Application Outlook, Regional Outlook
By Function Outlook Control Device, Display/Communication Device, User Interface
By Application Outlook Home Area Network (HAN), Home Energy Gateway, Home Automation, Other
Regional scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Country scope U.S., Canada, U.K., Germany, France, BENELUX, China, India, Japan, South Korea, Brazil, Saudi Arabia, UAE, Turkey
Key companies profiled Honeywell, Nest Labs, Ecobee, Freescale & Allure Energy, General Electric Company, EnergyHub, Vivint, Panasonic Corporation, Ecofactor, Comcast Cable, Cisco Systems, C3 Energy, GE Energy Management, Toshiba, Allure Energy, Schneider Electric, Hitachi
Customization Available Yes, the report can be tailored to meet your specific requirements.

Key Market Players

  • Honeywell
  • Nest Labs
  • Ecobee
  • Freescale & Allure Energy
  • General Electric Company
  • EnergyHub
  • Vivint
  • Panasonic Corporation
  • Ecofactor
  • Comcast Cable
  • Cisco Systems
  • C3 Energy
  • GE Energy Management
  • Toshiba
  • Allure Energy
  • Schneider Electric
  • Hitachi

By Function       

  • Control Device
  • Display/ Communication Device
  • User Interface

By Technology  

  • Z-wave
  • ZigBee
  • Wi-fi
  • Homeplug
  • Others

By Software and Service

  • Behavioral
  • Proactive

By Application

  • Home Area Network (HAN)
  • Home Energy Gateway
  • Home Automation
  • Other

Key Benefits To The Stake Holders

  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) and volume (Tons) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Table Of Contents

Table of Contents

Global HomeEnergyManagementSystem(HEMS) Market by Manufacturers, Regions, Type and Application, Forecast to 2026
1 Report Overview
1.1 Definition and Specification
1.2 Report Overview
1.2.1 Manufacturers Overview
1.2.2 Regions Overview
1.2.3 Type Overview
1.2.4 Application Overview
1.3 Industrial Chain
1.3.1 HomeEnergyManagementSystem(HEMS) Overall Industrial Chain
1.3.2 Upstream
1.3.3 Downstream
1.4 Industry Situation
1.4.1 Industrial Policy
1.4.2 Product Preference
1.4.3 Economic/Political Environment
1.5 SWOT Analysis
2 Market Assessment by Type
2.1 Software Sales (K Units), Revenue (M USD) and Growth Rate 2015-2020
2.2 Device Sales (K Units), Revenue (M USD) and Growth Rate 2015-2020
3 Asia Pacific HomeEnergyManagementSystem(HEMS) Market Assessment by Type
3.1 Asia Pacific Market Performance (Sales, Revenue)
3.2 Key Players in Asia Pacific
4 North America HomeEnergyManagementSystem(HEMS) Market Assessment by Type
4.1 North America Market Performance (Sales, Revenue)
4.2 Key Players in North America
5 Europe HomeEnergyManagementSystem(HEMS) Market Assessment by Type
4.1 Europe Market Performance (Sales, Revenue)
4.2 Key Players in Europe
6 South America HomeEnergyManagementSystem(HEMS) Market Assessment by Type
4.1 South America Market Performance (Sales, Revenue)
4.2 Key Players in South America
7 Middle Easr and Africa HomeEnergyManagementSystem(HEMS) Market Assessment by Type
4.1 Middle Easr and Africa Market Performance (Sales, Revenue)
4.2 Key Players in Middle Easr and Africa
8 World HomeEnergyManagementSystem(HEMS) Market Assessment by Type
8.1 Asia Pacific HomeEnergyManagementSystem(HEMS) Market Assessment by Application (Consumption and Market Share)
8.2 North America HomeEnergyManagementSystem(HEMS) Market Assessment by Application (Consumption and Market Share)
8.3 Europe HomeEnergyManagementSystem(HEMS) Market Assessment by Application (Consumption and Market Share)
8.4 South America HomeEnergyManagementSystem(HEMS) Market Assessment by Application (Consumption and Market Share)
8.5 Middle East and Africa HomeEnergyManagementSystem(HEMS) Market Assessment by Application (Consumption and Market Share)
9 Company Profiles/Analysis
9.1 Honeywell
9.1.1 Honeywell Profiles
9.1.2 Honeywell Product Portfolio
9.1.3 Honeywell HomeEnergyManagementSystem(HEMS) Business Performance
9.1.4 Honeywell HomeEnergyManagementSystem(HEMS) Business Development and Market Status
9.2 Nest Labs
9.2.1 Nest Labs Profiles
9.2.2 Nest Labs Product Portfolio
9.2.3 Nest Labs HomeEnergyManagementSystem(HEMS) Business Performance
9.2.4 Nest Labs HomeEnergyManagementSystem(HEMS) Business Development and Market Status
9.3 Ecobee
9.3.1 Ecobee Profiles
9.3.2 Ecobee Product Portfolio
9.3.3 Ecobee HomeEnergyManagementSystem(HEMS) Business Performance
9.3.4 Ecobee HomeEnergyManagementSystem(HEMS) Business Development and Market Status
9.4 Freescale & Allure Energy
9.4.1 Freescale & Allure Energy Profiles
9.4.2 Freescale & Allure Energy Product Portfolio
9.4.3 Freescale & Allure Energy HomeEnergyManagementSystem(HEMS) Business Performance
9.4.4 Freescale & Allure Energy HomeEnergyManagementSystem(HEMS) Business Development and Market Status
9.5 General Electric Company
9.5.1 General Electric Company Profiles
9.5.2 General Electric Company Product Portfolio
9.5.3 General Electric Company HomeEnergyManagementSystem(HEMS) Business Performance
9.5.4 General Electric Company HomeEnergyManagementSystem(HEMS) Business Development and Market Status
9.6 EnergyHub
9.6.1 EnergyHub Profiles
9.6.2 EnergyHub Product Portfolio
9.6.3 EnergyHub HomeEnergyManagementSystem(HEMS) Business Performance
9.6.4 EnergyHub HomeEnergyManagementSystem(HEMS) Business Development and Market Status
9.7 Vivint
9.7.1 Vivint Profiles
9.7.2 Vivint Product Portfolio
9.7.3 Vivint HomeEnergyManagementSystem(HEMS) Business Performance
9.7.4 Vivint HomeEnergyManagementSystem(HEMS) Business Development and Market Status
9.8 Panasonic Corporation
9.8.1 Panasonic Corporation Profiles
9.8.2 Panasonic Corporation Product Portfolio
9.8.3 Panasonic Corporation HomeEnergyManagementSystem(HEMS) Business Performance
9.8.4 Panasonic Corporation HomeEnergyManagementSystem(HEMS) Business Development and Market Status
9.9 Ecofactor
9.9.1 Ecofactor Profiles
9.9.2 Ecofactor Product Portfolio
9.9.3 Ecofactor HomeEnergyManagementSystem(HEMS) Business Performance
9.9.4 Ecofactor HomeEnergyManagementSystem(HEMS) Business Development and Market Status
9.10 Comcast Cable
9.10.1 Comcast Cable Profiles
9.10.2 Comcast Cable Product Portfolio
9.10.3 Comcast Cable HomeEnergyManagementSystem(HEMS) Business Performance
9.10.4 Comcast Cable HomeEnergyManagementSystem(HEMS) Business Development and Market Status
9.11 Cisco Systems
9.12 C3 Energy
9.13 GE Energy Management
9.14 Toshiba
9.15 Allure Energy
9.16 Schneider Electric
9.17 Hitachi
10 World HomeEnergyManagementSystem(HEMS) Market Assessment by Players
10.1 Global HomeEnergyManagementSystem(HEMS) Sales (K Units) and Market Share by Players 2015-2020
10.2 Global HomeEnergyManagementSystem(HEMS) Revenue (M USD) and Market Share by Players 2015-2020
10.3 Global HomeEnergyManagementSystem(HEMS) Price (USD/Unit) of Players 2015-2020
10.4 Global HomeEnergyManagementSystem(HEMS) Gross Margin of Players 2015-2020
10.5 Market Concentration
11 Regional Market Performance by Segment of Players
11.1 North America
11.1.1 North America HomeEnergyManagementSystem(HEMS) Sales Assessment of Players 2015-2020
11.1.2 North America HomeEnergyManagementSystem(HEMS) Revenue Assessment of Players 2015-2020
11.1.3 North America HomeEnergyManagementSystem(HEMS) Price Assessment of Players 2015-2020
11.1.4 North America HomeEnergyManagementSystem(HEMS) Gross Margin Assessment of Players 2015-2020
11.1.5 Market Concentration
11.2 Europe
11.2.1 Europe HomeEnergyManagementSystem(HEMS) Sales Assessment of Players 2015-2020
11.2.2 Europe HomeEnergyManagementSystem(HEMS) Revenue Assessment of Players of Manufacturers 2015-2020
11.2.3 Europe HomeEnergyManagementSystem(HEMS) Price Assessment of Players 2015-2020
11.2.4 Europe HomeEnergyManagementSystem(HEMS) Gross Margin Assessment of Players 2015-2020
11.2.5 Market Concentration
11.3 Asia-Pacific Market Performance for Manufacturers
11.3.1 Asia-Pacific HomeEnergyManagementSystem(HEMS) Sales Assessment of Players 2015-2020
11.3.2 Asia-Pacific HomeEnergyManagementSystem(HEMS) Revenue Assessment of Players 2015-2020
11.3.3 Asia-Pacific HomeEnergyManagementSystem(HEMS) Price Assessment of Players 2015-2020
11.3.4 Asia-Pacific HomeEnergyManagementSystem(HEMS) Gross Margin Assessment of Players 2015-2020
11.3.5 Market Concentration
11.4 South America Market Performance for Players
11.4.1 South America HomeEnergyManagementSystem(HEMS) Sales Assessment of Players 2015-2020
11.4.2 South America HomeEnergyManagementSystem(HEMS) Revenue Assessment of Players 2015-2020
11.4.3 South America HomeEnergyManagementSystem(HEMS) Price Assessment of Players 2015-2020
11.4.4 South America HomeEnergyManagementSystem(HEMS) Gross Margin Assessment of Players 2015-2020
11.4.5 Market Concentration
11.5 Middle East and Africa Market Performance for Players
11.5.1 Middle East and Africa HomeEnergyManagementSystem(HEMS) Sales Assessment of Players 2015-2020
11.5.2 Middle East and Africa HomeEnergyManagementSystem(HEMS) Revenue Assessment of Players 2015-2020
11.5.3 Middle East and Africa HomeEnergyManagementSystem(HEMS) Price Assessment of Players 2015-2020
11.5.4 Middle East and Africa HomeEnergyManagementSystem(HEMS) Gross Margin Assessment of Players 2015-2020
11.5.5 Market Concentration
12 Regional Market Performance by Segment of Countries
12.1 Asia Pacific
12.1.1 Asia Pacific HomeEnergyManagementSystem(HEMS) Sales by Countries/Regions 2015-2020
12.1.2 Asia Pacific HomeEnergyManagementSystem(HEMS) Revenue by Countries/Regions 2015-2020
12.1.3 Asia Pacific HomeEnergyManagementSystem(HEMS) Average Price by Countries/Regions 2015-2020
12.2 North America
12.2.1 North America HomeEnergyManagementSystem(HEMS) Sales by Countries/Regions 2015-2020
12.2.2 North America HomeEnergyManagementSystem(HEMS) Revenue by Countries/Regions 2015-2020
12.2.3 North America HomeEnergyManagementSystem(HEMS) Average Price by Countries/Regions 2015-2020
12.3 Europe
12.3.1 Europe HomeEnergyManagementSystem(HEMS) Sales by Countries/Regions 2015-2020
12.3.2 Europe HomeEnergyManagementSystem(HEMS) Revenue by Countries/Regions 2015-2020
12.3.3 Europe HomeEnergyManagementSystem(HEMS) Average Price by Countries/Regions 2015-2020
12.4 South America
12.4.1 South America HomeEnergyManagementSystem(HEMS) Sales by Countries/Regions 2015-2020
12.4.2 South America HomeEnergyManagementSystem(HEMS) Revenue by Countries/Regions 2015-2020
12.4.3 South America HomeEnergyManagementSystem(HEMS) Average Price by Countries/Regions 2015-2020
12.5 Middle East and Africa
12.5.1 Middle East and Africa HomeEnergyManagementSystem(HEMS) Sales by Countries/Regions 2015-2020
12.5.2 Middle East and Africa HomeEnergyManagementSystem(HEMS) Revenue by Countries/Regions 2015-2020
12.5.3 Middle East and Africa HomeEnergyManagementSystem(HEMS) Average Price by Countries/Regions 2015-2020
13 Technology and Opportunity
13.1 Technology
13.2 Market Opportunity
14 World HomeEnergyManagementSystem(HEMS) Sales & Revenue Forecast 2021-2026
14.1 World HomeEnergyManagementSystem(HEMS) Sales and Revenue Forecast by Regions 2021-2026
14.1.1 World HomeEnergyManagementSystem(HEMS)Sales and Market Share by Regions
14.1.2 World HomeEnergyManagementSystem(HEMS)Revenue and Market Share by Regions
15 Asia HomeEnergyManagementSystem(HEMS) Market Forecast 2021-2026
15.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
15.1.1 Software
15.1.2 Device
15.2 Consumption Forecast by Application, 2021-2026
16 North America HomeEnergyManagementSystem(HEMS) Market Forecast 2021-2026
16.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
16.1.1 Software
16.1.2 Device
16.2 Consumption Forecast by Application, 2021-2026
17 Europe HomeEnergyManagementSystem(HEMS) Market Forecast 2021-2026
17.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
17.1.1 Software
17.1.2 Device
17.2 Consumption Forecast by Application, 2021-2026
18 South America HomeEnergyManagementSystem(HEMS) Market Forecast 2021-2026
18.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
18.1.1 Software
18.1.2 Device
18.2 Consumption Forecast by Application, 2021-2026
19 Middle East and Africa HomeEnergyManagementSystem(HEMS) Market Forecast 2021-2026
19.1 Sales and Revenue (M USD) Forecast by Type, 2021-2026
19.1.1 Software
19.1.2 Device
19.2 Consumption Forecast by Application, 2021-2026
20 Price (USD/Unit) and Gross Profit Forecast
20.1 Global HomeEnergyManagementSystem(HEMS) Price (USD/Unit) Trend 2021-2026
20.2 Global HomeEnergyManagementSystem(HEMS) Gross Profit Trend 2021-2026
21 Conclusion


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Frequently Asked Questions on this Report

The Home Energy Management System (HEMS) Market is segmented based on Type, Application, and by region.

Honeywell, Nest Labs, Ecobee, Freescale & Allure Energy, General Electric Company, EnergyHub, Vivint, Panasonic Corporation, Ecofactor, Comcast Cable, Cisco Systems, C3 Energy, GE Energy Management, Toshiba, Allure Energy, Schneider Electric and Hitachi are the leading players of global Home Energy Management System (HEMS) market.

The forecast period would be from 2022 to 2030 in the market report with year 2021 as a base year.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
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