The Home Energy Management Systems Market - 4th Edition

Table of Contents

List of Figures

Executive Summary

1 Introduction

• 1.1 Home Energy Management Systems (HEMS)
  • 1.1.1 Solar PV panels
  • 1.1.2 Inverters and power optimisers
  • 1.1.3 Battery storage systems
  • 1.1.4 Smart electrical panels, load controllers and energy managers
  • 1.1.5 EV chargers
  • 1.1.6 Heat pumps and home appliances
  • 1.1.7 Smart meters and dynamic electricity pricing
  • 1.1.8 Management portal and smartphone app
  • 1.1.9 Levelized Cost of Energy (LCOE) and household investment economics
  • 1.1.10 Value chain
• 1.2 The electricity market
  • 1.2.1 Europe
  • 1.2.2 North America
  • 1.2.3 Smart grids
• 1.3 Solar power generation
  • 1.3.1 Residential solar PV system installations and shipments
• 1.4 Market drivers for HEMS
  • 1.4.1 Government subsidies and incentives
  • 1.4.2 Net metering and feed-in tariffs
  • 1.4.3 Load management, demand response and VPP programmes
  • 1.4.4 Rising electricity prices
  • 1.4.5 Declining costs of solar PV and battery storage solutions
  • 1.4.6 Grid independence and power outage protection
  • 1.4.7 Growth of EVs and electrical heating systems

2 Communications Technologies and Standards

• 2.1 3GPP cellular and LPWA technologies
  • 2.1.1 2G/3G/4G/5G cellular technologies and IoT
  • 2.1.2 LoRa and LoRaWAN
  • 2.1.3 Sigfox
• 2.2 Home networking technologies and standards
  • 2.2.1 Bluetooth
  • 2.2.2 EEBus
  • 2.2.3 Home Connectivity Alliance (HCA)
  • 2.2.4 KNX
  • 2.2.5 Matter
  • 2.2.6 Modbus
  • 2.2.7 OpenADR
  • 2.2.8 Open Charge Point Protocol (OCPP)
  • 2.2.9 OpenTherm
  • 2.2.10 SG-Ready
  • 2.2.11 SunSpec
  • 2.2.12 Thread
  • 2.2.13 Wi-Fi
  • 2.2.14 Zigbee
  • 2.2.15 Z-Wave

3 Home Battery Storage System Providers

• 3.1 European companies
  • 3.1.1 E3/DC (Hager Group)
  • 3.1.2 Emaldo
  • 3.1.3 Fenecon
  • 3.1.4 Ferroamp
  • 3.1.5 Fimer (Motion Applied)
  • 3.1.6 Fronius
  • 3.1.7 Kostal
  • 3.1.8 Myenergi
  • 3.1.9 Polarium Energy Solutions
  • 3.1.10 Powervault Plus (EBIS GB Holdings)
  • 3.1.11 Puredrive Energy
  • 3.1.12 RCT Power
  • 3.1.13 SAX Power
  • 3.1.14 Senec (EnBW)
  • 3.1.15 SMA Solar Technology
  • 3.1.16 Solarwatt
  • 3.1.17 Sonnen
  • 3.1.18 VARTA
  • 3.1.19 Viessmann Climate Solutions (Carrier)
• 3.2 North American companies
  • 3.2.1 Base Power
  • 3.2.2 Briggs & Stratton Energy Solutions
  • 3.2.3 Canadian Solar
  • 3.2.4 Enphase Energy
  • 3.2.5 Fortress Power
  • 3.2.6 FranklinWH Energy Storage
  • 3.2.7 Generac
  • 3.2.8 Lunar Energy
  • 3.2.9 NeoVolta
  • 3.2.10 Savant Systems
  • 3.2.11 Tesla
  • 3.2.12 Tigo Energy
• 3.3 Rest of World companies
  • 3.3.1 AlphaESS
  • 3.3.2 APsystems (Yuneng Technology)
  • 3.3.3 Bluetti Power (PowerOak Newener)
  • 3.3.4 BYD Electronic
  • 3.3.5 EcoFlow
  • 3.3.6 GoodWe
  • 3.3.7 Growatt New Energy
  • 3.3.8 Hanwha Qcells
  • 3.3.9 Huawei
  • 3.3.10 JinkoSolar
  • 3.3.11 LG Energy Solution
  • 3.3.12 Pylon Technologies
  • 3.3.13 Samsung SDI
  • 3.3.14 Sigenergy
  • 3.3.15 SolarEdge
  • 3.3.16 SolaX Power Network Technology
  • 3.3.17 Sungrow Power Supply
  • 3.3.18 TeraHive (Liteon Technology)

4 Home Energy Management Solution Providers

• 4.1 HEMS platform providers and integrators
  • 4.1.1 1KOMMA5°
  • 4.1.2 Beegy
  • 4.1.3 Clever-PV
  • 4.1.4 Consolinno Energy
  • 4.1.5 Currentt
  • 4.1.6 Derapi
  • 4.1.7 Eniris
  • 4.1.8 Enjoyelec
  • 4.1.9 Enode
  • 4.1.10 Enpal
  • 4.1.11 GridX (E.ON)
  • 4.1.12 Kiwigrid
  • 4.1.13 Reduxi FlexCo
  • 4.1.14 Saveeye
  • 4.1.15 Solar Manager
  • 4.1.16 Xemex
  • 4.1.17 Zerofy
• 4.2 Smart home, electrical panel and load control solution providers
  • 4.2.1 Eaton
  • 4.2.2 Homey (LG Electronics)
  • 4.2.3 Legrand
  • 4.2.4 Leviton
  • 4.2.5 Loxone
  • 4.2.6 Lumin (ABB)
  • 4.2.7 Schneider Electric
  • 4.2.8 Shelly Group
  • 4.2.9 Smappee
  • 4.2.10 SPAN
  • 4.2.11 Theben
• 4.3 Electricity retailers
  • 4.3.1 Greenely
  • 4.3.2 Octopus Energy
  • 4.3.3 Ostrom
  • 4.3.4 Tibber

5 Market Analysis and Trends

• 5.1 Market forecasts
• 5.2 Value chain analysis
  • 5.2.1 Leading home battery storage system providers
  • 5.2.2 Companies from other industry sectors enter the HEMS market
• 5.3 Trends
  • 5.3.1 Lower solar export compensation boosts battery storage demand
  • 5.3.2 Virtual power plants to become more powerful as more DERs are connected ..
  • 5.3.3 EV batteries emerge as a source of home backup power
  • 5.3.4 Interoperability will be key for the adoption of wider HEMS
  • 5.3.5 Energy aggregation and trading create new revenue opportunities
  • 5.3.6 Small-scale HEMS increases in popularity in Europe
  • 5.3.7 Intelligent and AI-driven solutions simplify home energy management
  • 5.3.8 Energy-as-a-Service removes investment barriers for households

List of Figures

• Figure 1.1: Home energy management system infrastructure
• Figure 1.2: Monocrystalline solar panel
• Figure 1.3: Hybrid solar inverter, microinverter and DC power optimiser
• Figure 1.4: Lithium iron phosphate-based battery storage system
• Figure 1.5: Smart electrical panel and app
• Figure 1.6: EV charger
• Figure 1.7: Indoor and outdoor unit of a heat pump
• Figure 1.8: Landis+Gyr E360 smart meter
• Figure 1.9: Energy management dashboard
• Figure 1.10: Leading residential solar PV panel manufacturers
• Figure 1.11: Leading residential solar inverter companies
• Figure 1.12: Leading residential battery storage providers
• Figure 1.13: HEMS platform providers and integrators
• Figure 1.14: Top solar PV and battery storage installers (USA and Europe 2025)
• Figure 1.15: Electricity market statistics (EU27+3 2024/2025)
• Figure 1.16: Electricity generation by energy source (EU27 2025)
• Figure 1.17: Electricity consumption by sector (EU27 2024)
• Figure 1.18: Electricity generation by energy source (USA 2025)
• Figure 1.19: Electricity consumption by sector (USA 2025)
• Figure 1.20: Electricity generation by energy source (Canada 2023)
• Figure 1.21: Electricity consumption by sector (Canada 2022)
• Figure 1.22: Top solar PV generation capacity countries in Europe and NA (2020–2025)
• Figure 1.23: Residential solar PV systems (EU27+3 and North America 2025)
• Figure 1.24: Average household electricity prices (EU27 and USA 2009–2025)
• Figure 1.25: The installed base of residential EV charging points (2022–2030)
• Figure 2.1: HCA cloud-to-cloud connection
• Figure 2.2: Matter application layer
• Figure 2.3: Thread network topology
• Figure 3.1: E3/DC One battery storage system
• Figure 3.2: Emaldo Power Core
• Figure 3.3: Ferroamp EnergyHub inverter and app
• Figure 3.4: Fronius Reserva home battery storage system and Solar.web portal
• Figure 3.5: Kostal Helivor HV battery and Plenticore hybrid inverter
• Figure 3.6: Libbi home battery storage unit and Eddi controller
• Figure 3.7: Polarium Home
• Figure 3.8: Powervault P5 battery storage system and P5 Gateway
• Figure 3.9: Duracell Energy app
• Figure 3.10: SENEC.Storage Wall 1 battery system
• Figure 3.11: Sunny Tripower Smart Energy hybrid inverter and Sunny Home Manager 2.0
• Figure 3.12: Solarwatt Home solution
• Figure 3.13: sonnenBatterie 10 performance+
• Figure 3.14: VARTA.iq platform and VARTA.iq.link energy manager
• Figure 3.15: Viessmann Climate Solutions’ home energy management solution
• Figure 3.16: SimpliPHI 6.6 Home Battery System and EnergyTrak app
• Figure 3.17: EP Cube Smart Gateway and battery storage unit
• Figure 3.18: Enphase IQ8 microinverter and Enlighten smartphone app
• Figure 3.19: FranklinWH aPower 2 battery
• Figure 3.20: Generac PWRcell 2
• Figure 3.21: Lunar Energy’s home energy management system
• Figure 3.22: NeoVolta NV14 and NV24
• Figure 3.23: Savant Power System
• Figure 3.24: Tesla Powerwall 3 and app
• Figure 3.25: Tigo GO ESS system design
• Figure 3.26: AlphaESS SMILE-G3
• Figure 3.27: BYD Battery-Box HVE and Power-Box inverter
• Figure 3.28: EcoFlow Stream Ultra plug-in balcony solar PV and battery storage system
• Figure 3.29: Growatt APX HV battery and SPH hybrid inverter
• Figure 3.30: Q.HOME CORE H3S/H7S energy storage system
• Figure 3.31: Huawei LUNA2000-S1 battery storage system and FusionSolar app
• Figure 3.32: LG Energy Solution enblock S battery storage system and smartphone app
• Figure 3.33: Pylontech Force H3X battery storage system
• Figure 3.34: SigenStor battery storage system
• Figure 3.35: SolarEdge home energy management system
• Figure 3.36: Shipments of SolarEdge inverters and power optimisers (World 2019–2025)
• Figure 3.37: SolaX X3-IES battery storage system and XHub energy manager
• Figure 3.38: Sungrow SBR HV battery and iHomeManager
• Figure 4.1: Clever-PV app
• Figure 4.2: Consolinno Energy Leaflet HEMS gateway and app
• Figure 4.3: Currentt Navigator
• Figure 4.4: Derapi connectivity platform
• Figure 4.5: SmartgridOne energy manager device
• Figure 4.6: Enjoyelec Controller Lite
• Figure 4.7: Enpal.One+ energy manager gateway
• Figure 4.8: gridBox gateway
• Figure 4.9: Kiwigrid portal and energy managers
• Figure 4.10: EyeQ 300 gateway
• Figure 4.11: Solar Manager gateways
• Figure 4.12: LEWIZ gateway
• Figure 4.13: Zerofy white-label app
• Figure 4.14: AbleEdge smart breaker
• Figure 4.15: Homey Energy Dongle and app
• Figure 4.16: Leviton Load Center, smart breakers and app
• Figure 4.17: Miniserver used as energy management controller
• Figure 4.18: ABB ReliaHome Flex solution
• Figure 4.19: HEMSlogic Gateway and app
• Figure 4.20: Smappee Infinity Starter Kit
• Figure 4.21: SPAN Panel and SPAN Home app
• Figure 4.22: Theben EnergyManager
• Figure 4.23: Greenely app
• Figure 5.1: HEMS installed base and shipments (Europe 2025–2030)
• Figure 5.2: Top five European HEMS markets in 2025 by installed base
• Figure 5.3: HEMS installed base and shipments (North America 2025–2030)
• Figure 5.4: Installed base of leading HEMS providers (Europe and NA Q4-2025)
• Figure 5.5: Top HEMS platform providers (World Q2-2026)
• Figure 5.6: Plug-in balcony solar PV system with small-scale battery storage