The global home energy management systems market reached a value of US$ 2.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6 Billion by 2027, exhibiting a CAGR of 16.5% during 2022-2027. Read More: https://www.imarcgroup.com/home-energy-management-systems-market

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Global Home Energy
Management Systems Market
Research Report 2022-2027
Author: Elena Anderson
Marketing Manager
IMARC Group
© 2022 IMARC All Rights Reserved

2. Report Description
About IMARC Group
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management strategy and market research worldwide. We partner with clients in all regions
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3. Report Description
Report Description and Highlights
Home Energy Management Systems Market Outlook 2022-2027:
According to the latest report by IMARC Group, titled “Home Energy Management Systems Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global
home energy management systems market size reached US$ 2.1 Billion in 2021.
Home energy management systems (HEMS) is a smart energy device that is used in the management
and monitoring of energy consumption in the domestic sector. Consisting of hardware and software,
it aids in keeping track of an individual appliance’s electricity consumption pattern and power
consumption data.
In addition to this, these systems create optimal consumption schedules by taking numerous factors
such as load profiles, energy costs, environmental concerns and consumer comfort into
consideration. Some of the primary functions of the system include efficient use of solar energy,
along with monitoring the usage of electricity and management of backup with the help of battery
storage. They can also be accessed through various web portals as well as mobile applications, which
has led them to be widely adopted by a majority of the population.
Request for a PDF sample of this report: https://www.imarcgroup.com/home-energy-management-
systems-market/requestsample

4. Report Description
Report Description and Highlights
Global Home Energy Management Systems Market Drivers/Constraints:
Altering climatic conditions across the globe have led to an increase in the adoption rates of heating,
ventilating, and air conditioning (HVAC) systems. Consequently, the energy consumption has
significantly risen across the residential and commercial sectors. This, along with rising electricity rates
on a global level, is bolstering the sales of home energy management systems.
Moreover, growing consumer awareness regarding the sustainable usage of energy has boosted the
sales of these energy-saving systems across the globe. Inflating per capita income levels, rapid
urbanization, a growing number of smart homes, and increasing rate of penetration of high-speed
internet are some of the other factors contributing to the growth of the market.
On account of the aforementioned factors, the market is anticipated to reach a value of US$ 6 Billion
by 2027, growing at a CAGR of 16.5% during 2022-2027.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/home-energy-management-
systems-market

5. Report Description
Report Description and Highlights
Key Market Segmentation
The research report includes the following segments:
Breakup by Product Type:
• Lighting Controls
• Self-Monitoring Systems and Services
• Programmable Communicating Thermostats
• Advanced Central Controllers
• Intelligent HVAC Controllers
Breakup by Communication Technology:
• Z-Wave
• Zigbee
• Wi-Fi
• Ethernet
• Others

6. Report Description
Report Description and Highlights
Breakup by System Type:
• Behavioral
• Proactive
Breakup by Region:
• Europe
• North America
• Asia Pacific
• Middle East and Africa
• Latin America
Note: We are updating our reports, If you want the report with the latest primary and secondary
data (2022-2027) including industry trends, market size and Competitive landscape, etc. click here:
https://www.imarcgroup.com/request?type=report&id=937&flag=E

7. Report Description
Report Description and Highlights
Competitive Landscape:
• Honeywell International
• Nest Labs
• Vivint
• General Electric Company
• Ecobee, Inc.
• Alarm.Com
• Comcast Cable (Xfinity)
• Panasonic Corporation
• Ecofactor
• Energyhub

8. Report Description
Key Questions Answered in the Report
1. What is the size of the global home energy management system market?
2. What are the key factors driving the global home energy management system market?
3. What has been the impact of COVID-19 on the global home energy management system market?
4. What is the breakup of the global home energy management system market based on the product
type?
5. What are the key regions in the global home energy management system market?
6. Who are the key companies/players in the global home energy management system market?

9. Report Description Table of Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources.
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends

10. Report Description Table of Contents
5 Global Home Energy Management Systems Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Communication Technology
5.6 Market Breakup by System Type
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
Click here to visit the complete table of content with list of figures and tables:
https://www.imarcgroup.com/home-energy-management-systems-market/toc

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Partial List of Clients

12. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

13. Report Description
Report Description and Highlights
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