Home Energy Management Market, by technology (Z-wave technology, zigbee technology, Wi-Fi technology and others), type (control devices, user interfaces, enabling technologies) Forecast till 2025

Home energy management system comprised of hardware and software that helps user to control the usage and production of energy. Optimization of energy requirement and efficient use of the energy are major advantages of this market. This system results in the reduction of the energy consumption and improved performance of the household equipment. Growing installation of renewable energy increases the demand of home energy management system which fuels the market.

According to a new report published by Reports Monitor titled, “Home energy management marketby technology and by type: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the home energy management market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. North America dominates the home energy management market, in terms of value, and is expected to maintain this trend throughout the forecast period.

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Combination of hardware and software creates home energy management system which helps to monitor and control the energy usage in household. 

Increasing demand fluctuation in electricity requires adequate management of energy this raises the market. 

Rising prices of the electricity led to rapidly growing installation of renewable energy source which need to be monitor for efficient performance resulting increasing installation of home energy management system.    

Rising demand of computer or Smartphone based system in household fuels the growth of the market.  

Increasing government initiative to spread awareness and installation of home energy management system creates opportunity for the market.

Lack of awareness and high cost of installation can restraints the growth of the market.  

Key Findings

• Control devices of type segment expected to grow at higher rate.

• Wi-Fi technology is widely used among all available technology segments owing higher number of installation.

• North America anticipated to the potential market followed by Europe region.  

The major companies profiled in the report include Honeywell International, Inc., Nest Labs, Inc., Vivint, Inc, General Electric Company, Ecobee, Inc. Alarm.Com, Comcast Cable (Xfinity), Panasonic Corporation, Ecofactor, Inc. and Energyhub, Inc.

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Segment Analysis

Home energy management system is segmented on the basis of technology and type. On the basis of technology the market is segmented as Z-wave technology, zigbee technology, Wi-Fi technology and others. Wi-Fi technology is widely use due to offering of other feature but rising adaptation of zigbee technology can overcome the use of Wi-Fi. On the basis of type the market is segmented as control devices, user interfaces, enabling technologies. Control devices in type segment expected to grow at higher rate due to wide usage such as automation system, home lighting and others.   

Research Scope 

The study for Global Home Energy Management Market will provide market size, estimates and forecast based on the following years: 

Historic data: 2015  Base Year Estimate: 2016  Forecast: 2017 to 2025 

The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales. 

Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings. 

The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market. 

1. Introduction

1.1. Market Definition

1.2. Market Scope 

2. Research Methodology

2.1. Primary Research

2.2. Secondary Sources

2.3. Assumptions & Exclusions 

3. Market Overview

3.1. Research Report Segmentation & Scope

3.2. Key Market Trend Analysis

3.2.1. Market Drivers

3.2.2. Market Restraint/Challenges

3.2.3. Market Opportunities

3.3. Porter’s Five Forces Analysis

3.4. Potential Venture Avenues

3.5. Market Share Analysis, 2016

3.6. Market Overview 

4. Technology Overview

4.1. Introduction

4.2. Market Size & Forecast, 2015 to 2025

4.2.1. Z-Wave Technology

4.2.2. Zigbee Technology

4.2.3. Wi-Fi Technology

4.2.4. Others 

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses) 

5. Application Overview

5.1. Introduction

5.2. Market Size & Forecast, 2015 to 2025

5.2.1. Control devices

5.2.2. User interfaces

5.2.3. Enabling Technologies

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses) 

6. Regional Overview

6.1. Introduction

6.2. Market Size & Forecast, 2015 to 2025

6.2.1. North America U.S. Canada Mexico

6.2.2. Europe UK Germany France Italy Spain Rest of Europe

6.2.3. Asia-Pacific China India Japan South Korea Rest of Asia-Pacific

6.2.4. LAMEA Brazil UAE South Africa Rest of LAMEA

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses) 

7. Manufacturer/ Vendor Profile

7.1. The following attributes will be considered while profiling key manufacturers in this industry:

7.1.1. Company Overview

7.1.2. Financial Synopsis

7.1.3. Recent Developments

7.1.4. R&D Investments (if any)

7.1.5. Strategy Overview (Analyst Perspective)

7.1.6. Product Portfolio

7.2. Companies Profiled

7.2.1. Honeywell International, Inc.

7.2.2. Nest Labs, Inc.

7.2.3. Vivint, Inc

7.2.4. General Electric Company

7.2.5. Ecobee, Inc.

7.2.6. Alarm.Com

7.2.7. Comcast Cable (Xfinity)

7.2.8. Panasonic Corporation

7.2.9. Ecofactor, Inc.

7.2.10. Energyhub, Inc.

(Note: The companies mentioned above are tentative in nature, and profiles of other market players not listed here can be included on request.)

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