Global Home Energy Monitor Market Growth 2023-2029

Global Home Energy Monitor Market Growth 2023-2029

A home energy monitor provides feedback on electrical energy use. Devices may also display cost of energy used, and estimates of greenhouse gas emissions. Various studies have shown a reduction in home energy use of 4-15% through use of home energy display.
Electricity use may be measured with an inductive clamp placed around the electric main, via the electric meter (either through an optical port, or by sensing the meters actions), by communicating with a smart meter, or by direct connection to the electrical system. The display portion may be remote from the measurement, communicating with the sensor using a cable, network, power line communications, or using radio. Online displays are also available which allow the user to use an internet connected display to show near real-time consumption.
LPI (LP Information)' newest research report, the “Home Energy Monitor Industry Forecast” looks at past sales and reviews total world Home Energy Monitor sales in 2022, providing a comprehensive analysis by region and market sector of projected Home Energy Monitor sales for 2023 through 2029. With Home Energy Monitor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Home Energy Monitor industry.
This Insight Report provides a comprehensive analysis of the global Home Energy Monitor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Home Energy Monitor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Home Energy Monitor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Home Energy Monitor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Home Energy Monitor.
The global Home Energy Monitor market size is projected to grow from US$ 200.9 million in 2022 to US$ 380.3 million in 2029; it is expected to grow at a CAGR of 380.3 from 2023 to 2029.
Home Energy Monitor is mainly classified into the two types: solar ready type, non-solar ready type. Non-solar ready type is the most widely used type which takes up about 53% of the total sales volume in 2019.
North America is the largest region of Home Energy Monitor in the world. North America market took up over 42% the global Home Energy Monitor revenue market in 2019, while Europe and Asia-Pacific were about 41% and about 10%.
Sense, Schneider Electric, Efergy, OWL Intuition Ltd, Curb, Smappee, Neurio, Aeotec, CurrentCost, Emporia Energy, etc. are the key suppliers in the global Home Energy Monitor market. Top five took up more than 39% of the global market share in 2019.
This report presents a comprehensive overview, market shares, and growth opportunities of Home Energy Monitor market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Solar Ready Type
Non Solar Ready Type
Segmentation by application
Offline Sales
Online Sales
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sense
Schneider Electric
Efergy
OWL Intuition Ltd
Curb
Smappee
Neurio
Aeotec
Current Cost
Emporia Energy
Rainforest Automation
Eyedro
Blue Line Innovations

Key Questions Addressed in this Report
What is the 10-year outlook for the global Home Energy Monitor market?
What factors are driving Home Energy Monitor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Home Energy Monitor market opportunities vary by end market size?
How does Home Energy Monitor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.