Home Energy Management System Market by Component (Hardware, Services, Software), Technology (Enocean, Ethernet, HomePlug), Deployment, Vertical - Global Forecast 2024-2030

Home Energy Management System Market by Component (Hardware, Services, Software), Technology (Enocean, Ethernet, HomePlug), Deployment, Vertical - Global Forecast 2024-2030


The Home Energy Management System Market size was estimated at USD 2.66 billion in 2023 and expected to reach USD 3.23 billion in 2024, at a CAGR 21.36% to reach USD 10.34 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Home Energy Management System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Home Energy Management System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Home Energy Management System Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., AlertMe,, AT&T Inc., Bidgely, inc., C3.ai, Inc, Comcast Corporation, General Electric Company, Honeywell International Inc., Ingersoll Rand, Intel Corporation, Panasonic Holdings Corporation, Robert Bosch GmbH, Schneider Electric SA, Sharp Corporation, and Vivint Inc..

Market Segmentation & Coverage



This research report categorizes the Home Energy Management System Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Hardware
Services
Software
Technology
Enocean
Ethernet
HomePlug
Insteon
Wavenis
Wi-Fi
Wireless M-Bus
Z-Wave
Zigbee
Deployment
Cloud
On-Premises
Vertical
Energy & Power
Healthcare
Manufacturing
Residential
Retail
Telecom & IT
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Home Energy Management System Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Home Energy Management System Market?
3. What are the technology trends and regulatory frameworks in the Home Energy Management System Market?
4. What is the market share of the leading vendors in the Home Energy Management System Market?
5. Which modes and strategic moves are suitable for entering the Home Energy Management System Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Home Energy Management System Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing use of connected devices at home
5.1.1.2. Rise in energy consumption and pollution rates
5.1.1.3. Government focus towards the residential energy-efficiency
5.1.2. Restraints
5.1.2.1. High implementation cost of home energy management system (HEMS) technology
5.1.3. Opportunities
5.1.3.1. Upcoming smart cities projects in developing economies
5.1.3.2. Introduction of smart HEMS system with advanced technologies
5.1.4. Challenges
5.1.4.1. Limited awareness regarding the benefits of home energy management system
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Home Energy Management System Market, by Component
6.1. Introduction
6.2. Hardware
6.3. Services
6.4. Software
7. Home Energy Management System Market, by Technology
7.1. Introduction
7.2. Enocean
7.3. Ethernet
7.4. HomePlug
7.5. Insteon
7.6. Wavenis
7.7. Wi-Fi
7.8. Wireless M-Bus
7.9. Z-Wave
7.10. Zigbee
8. Home Energy Management System Market, by Deployment
8.1. Introduction
8.2. Cloud
8.3. On-Premises
9. Home Energy Management System Market, by Vertical
9.1. Introduction
9.2. Energy & Power
9.3. Healthcare
9.4. Manufacturing
9.5. Residential
9.6. Retail
9.7. Telecom & IT
10. Americas Home Energy Management System Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Home Energy Management System Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Home Energy Management System Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. ABB Ltd.
14.1.2. AlertMe,
14.1.3. AT&T Inc.
14.1.4. Bidgely, inc.
14.1.5. C3.ai, Inc
14.1.6. Comcast Corporation
14.1.7. General Electric Company
14.1.8. Honeywell International Inc.
14.1.9. Ingersoll Rand
14.1.10. Intel Corporation
14.1.11. Panasonic Holdings Corporation
14.1.12. Robert Bosch GmbH
14.1.13. Schneider Electric SA
14.1.14. Sharp Corporation
14.1.15. Vivint Inc.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. HOME ENERGY MANAGEMENT SYSTEM MARKET RESEARCH PROCESS
FIGURE 2. HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, 2023 VS 2030
FIGURE 3. HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. HOME ENERGY MANAGEMENT SYSTEM MARKET DYNAMICS
FIGURE 7. HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 10. HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
FIGURE 12. HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY VERTICAL, 2023 VS 2030 (%)
FIGURE 14. HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY VERTICAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA HOME ENERGY MANAGEMENT SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. HOME ENERGY MANAGEMENT SYSTEM MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. HOME ENERGY MANAGEMENT SYSTEM MARKET SHARE, BY KEY PLAYER, 2023

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