Home Energy Management Systems - Worldwide Market Outlook to 2023 by Product, Communication Technology, Software & Service, Region and Competitive Landscape - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 20, 2018--The ” Home Energy Management Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023 ” report has been added to ResearchAndMarkets.com’s offering.
The global home energy management systems market was worth US$ 1.3 Billion in 2017. Looking forward, the market value is projected to reach US$ 3.7 Billion by 2023, exhibiting a CAGR of around 19% during 2018-2023.
Catalyzed by rising awareness among consumers towards the sustainable use of energy resources, a strong growth has been witnessed in the demand of energy efficient appliances and home energy management systems. Consumers are realizing that these systems are not only helping in reducing energy expenses, but are also playing a major part in making the available energy resources more sustainable.
Other major factor driving the home energy management systems market include rising penetration of the internet across both developed and developing economies, increasing role of Internet of Things (IoT) and Big Data in energy management, growing market for smart homes, etc.
Based on the product type, the market has been segmented into lighting controls, self-monitoring systems and services, programmable communicating thermostats, advanced central controllers and intelligent HVAC controllers. Lighting controls currently represent the biggest segment.
2 Scope and Methodology
3 Executive Summary
5 Global Home Energy Management Systems Market
6 Market Breakup by Product
7 Market Breakup by Communication Technology
8 Market Breakup by Software & Service
9 Market Breakup by Region
10 Competitive LandscapeHoneywell International, Inc. Nest Labs, Inc. Vivint, Inc. General Electric Company Ecobee, Inc. Alarm.Com Comcast Cable (Xfinity) Panasonic Corporation Ecofactor, Inc. Energyhub, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/zcbrtq/home_energy?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181220005654/en/
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INDUSTRY KEYWORD: ENERGY UTILITIES
SOURCE: Research and Markets
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PUB: 12/20/2018 12:12 PM/DISC: 12/20/2018 12:12 PM