1. Market Research
  2. > Construction
  3. > Building Products Market Trends
HOME ENERGY MANAGEMENT SYSTEM MARKET BY HARDWARE, BY COMMUNICATION TECHNOLOGY AND BY SOFTWARE & SERVICE - GLOBAL FORECAST TO 2022

HOME ENERGY MANAGEMENT SYSTEM MARKET: GLOBAL FORECAST until 2022

  • February 2016
  • 132 pages
  • ID: 3670112
In this report:
Hence, the ZigBee market in APAC and Europe is expected to grow at a considerable CAGR of ##.##% and ##.##% between 2016 and 2022, respectively.
The hardware devices have become a major area of interest for the consumers and energy companies based out of the U.S. The hardware market in Canada and Mexico is expected to grow at a CAGR of ##.##% and ##.##%, respectively between 2016 and 2022.

Summary

Table of Contents

Search Inside

Global HEMS- market size and drivers:

The overall market for HEMS is anticipated to grow at a Compound annual growth rate of ~18.4 percent between 2016 and 2022 from $864.20M in 2015 to ~$3.2B by 2022. The sector is anticipated to be driven by the growing real-time energy conservation approach, convenience of cloud computing and data analytics, and rised device interconnectivity.

ZigBee technology is anticipated to increase at the highest level rate in the HEMS market

With the increasing potential and awareness the ZigBee protocol is anticipated to rise at a faster pace. As it can be structured in a variety of topologies including mesh, stellate, and tree, ZigBee is widely preferred by most of the HEMS providers. ZigBee is preferred for applications related to low data rate, long battery life, and secure networking. As a result of the advanced features and excellent compatibility specified by this protocol, most of the Fortune 500 firms are supporting and joining the ZigBee alliance. This factor is forecasted to have a high influence on the high rise of ZigBee technology across the world, during the estimate period.

North Americas and Asia-Pac are main sectors

North America continent recorded for the biggest share of the overall HEMS market in 2015 because of the increasing necessity of energy conservation in the homes and better and customized services specified by the HEMS providers in the U.S.A, Canada (CA), and Mexico (MX). The HEMS market in Asia Pacific (APAC), nevertheless, is anticipated to grow at the maximal rate. This area has a considerable market in countries including China (CN), Japan (JP), Australia (AU), and the Rest of Asia-Pac. Presently, Japan (JP) is considered to be a huge market for HEMS as a result of the considerable implementation rate of different control devices including lighting controllers and smart meters in this country. Economies including Australia, China (CN), India (IN), Singapore (SG), and Malaysia (MY) among others are anticipated to grow at a high increase rate for home automation products during the outlook period.

In the process of finding out and checking the market value for various segments and subsegments collected by the secondary research, extensive primary audit sessions were managed with main people in the HEMS sector. The break-up of primary participants for the study is shown below:

- By Company category - Tier 1 55.0 percent, Tier 2 - 20.0 percent, and Tier 3 - 25.0 percent

- By Description - C-suite - 43.0 percent, Grade of manager - 32.0 percent, and others - 25.0 percent

- By area - North america (NA) - 60.0 percent, Europe - 25.0 percent, Asia-Pacific - 10.0 percent, and rest of the world - 5.0 percent

The report profiles top actors in the HEMS market with their respective market share review. The main players decribed in this business report are Honeywell (NYSE:HON), Nest Labs, Incorporated, Ecobee, General Electric (NYSE:GE), EnergyHub, Incorporated, Vivint, Incorporated, Panasonic (PCRFY), Alarm.com, Ecofactor, and Comcast Cable.

This study will help the industry leaders (and new entrants) in the following points:

1. This document breaks down the HEMS market comprehensively and offers the closest market size projection for all sub-segments across different areas.

2. The market research benefits partners comprehend the pulse of the sector and offers them with the info on key market drivers, market restraints, opportunities, and alternatives for industry growth.

3. This industry report would benefit partners better comprehend a competitor and obtain additional insights to enhance their rank in the business sector. The competitive outlook section includes competitor landscape, new industry product developments, alliances, and mergers & acquisitions.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Nicolas helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Combi Boilers Market 2018-2022

Combi Boilers Sector: Worldwide Forecast until 2022

  • $ 3500
  • Industry report
  • January 2018
  • by Infiniti Research Limited

About Combi BoilersA combi boiler or combination boiler is the combination of high-efficiency water heater and central heating boiler in compact unit.Technavio’s analysts forecast the global combi boilers ...

Global Door Systems Market 2017-2021

Door Systems Sector: Worldwide Forecast until 2021

  • $ 3500
  • Industry report
  • October 2017
  • by Infiniti Research Limited

About Door SystemsThe door systems market includes the doors, door frames, opening/closing, and locking solutions sold as a whole to the consumers. The global door systems market can be segmented broadly ...

Smart Office Market by Product, Software & Service, Office Type And Geography - Global Forecast to 2023

Smart Office Market: Global Forecast until 2023

  • $ 5650
  • Industry report
  • October 2017
  • by MarketsandMarkets

The smart office market is expected to grow at a CAGR of 12.94% during the forecast periodThe smart office market is expected to be valued at USD 46.11 billion by 2023, at a CAGR of 12.94% between 2017 ...


Download Unlimited Documents from Trusted Public Sources

Building Products Industry in India and Italy

  • January 2018
    4 pages
  • Building Produc...  

    Industrial Equi...  

    Energy Technolo...  

  • India  

    Italy  

View report >

Building Products Industry in India and Jordan - Forecast

  • January 2018
    4 pages
  • Building Produc...  

  • India  

    Jordan  

    Asia  

View report >

HVAC Markets

  • January 2018
    9 pages
  • Energy Efficien...  

    HVAC  

    Energy  

View report >

HVAC Industry in Spain 2 months ago


Related Market Segments :

Building Management System

Wifi

Smart Lighting

ref:plp2016

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.