Global Home Energy Management Systems Market 2023-2027

Description

List of Tables

Technavio has been monitoring the home energy management systems market and is forecast to grow by USD 1,625.57 mn during 2022-2027, accelerating at a CAGR of 9.11% during the forecast period. Our report on the home energy management systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing adoption of smart grid technologies, the rising need for energy conservation, and the availability of a wide range of smart home products.

Technavio's home energy management systems market is segmented as below:

By Component

Hardware
Software
Services

By Product

Lighting controls
Programmable thermostats
Self-monitoring systems
Advanced central controllers

By Geography

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the growing investment in smart cities and smart homes as one of the prime reasons driving the home energy management systems market growth during the next few years. Also, rapid advances in technology and reduction in technology costs and increasing role of utilities in energy management will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the home energy management systems market covers the following areas:

Home energy management systems market sizing
Home energy management systems market forecast
Home energy management systems market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading home energy management systems market vendors that include Capgemini Service SAS, Carrier Global Corp., Cisco Systems Inc., Comcast Corp., ecobee, Emerson Electric Co., General Electric Co., Honeywell International Inc., Intel Corp., Johnson Controls International Plc., Lennox International Inc., Liricco Technologies Ltd., Panasonic Holdings Corp., Resideo Technologies Inc., Robert Bosch GmbH, Schneider Electric SE, Siemens AG, Snap One LLC, tado GmbH, and Vivint Smart Home Inc. Also, the home energy management systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR45972

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Component
Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global home energy management systems market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global home energy management systems market 2017 - 2021 ($ million)
4.2 Component Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Component Segment 2017 - 2021 ($ million)
4.3 Product Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Component

6.1 Market segments
Exhibit 30: Chart on Component - Market share 2022-2027 (%)
Exhibit 31: Data Table on Component - Market share 2022-2027 (%)
6.2 Comparison by Component
Exhibit 32: Chart on Comparison by Component
Exhibit 33: Data Table on Comparison by Component
6.3 Hardware - Market size and forecast 2022-2027
Exhibit 34: Chart on Hardware - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Hardware - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Hardware - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Hardware - Year-over-year growth 2022-2027 (%)
6.4 Software - Market size and forecast 2022-2027
Exhibit 38: Chart on Software - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Software - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Software - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Software - Year-over-year growth 2022-2027 (%)
6.5 Services - Market size and forecast 2022-2027
Exhibit 42: Chart on Services - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Services - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Services - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Services - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Component
Exhibit 46: Market opportunity by Component ($ million)

7 Market Segmentation by Product

7.1 Market segments
Exhibit 47: Chart on Product - Market share 2022-2027 (%)
Exhibit 48: Data Table on Product - Market share 2022-2027 (%)
7.2 Comparison by Product
Exhibit 49: Chart on Comparison by Product
Exhibit 50: Data Table on Comparison by Product
7.3 Lighting controls - Market size and forecast 2022-2027
Exhibit 51: Chart on Lighting controls - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Lighting controls - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Lighting controls - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Lighting controls - Year-over-year growth 2022-2027 (%)
7.4 Programmable thermostats - Market size and forecast 2022-2027
Exhibit 55: Chart on Programmable thermostats - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Programmable thermostats - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Programmable thermostats - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Programmable thermostats - Year-over-year growth 2022-2027 (%)
7.5 Self-monitoring systems - Market size and forecast 2022-2027
Exhibit 59: Chart on Self-monitoring systems - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Self-monitoring systems - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Self-monitoring systems - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Self-monitoring systems - Year-over-year growth 2022-2027 (%)
7.6 Advanced central controllers - Market size and forecast 2022-2027
Exhibit 63: Chart on Advanced central controllers - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on Advanced central controllers - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on Advanced central controllers - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Advanced central controllers - Year-over-year growth 2022-2027 (%)
7.7 Market opportunity by Product
Exhibit 67: Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 69: Chart on Market share by geography 2022-2027 (%)
Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 71: Chart on Geographic comparison
Exhibit 72: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 UK - Market size and forecast 2022-2027
Exhibit 105: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 106: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 107: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.12 France - Market size and forecast 2022-2027
Exhibit 109: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 110: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 111: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on France - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 114: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 116: Overview on factors of disruption
11.4 Industry risks
Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 118: Vendors covered
12.2 Market positioning of vendors
Exhibit 119: Matrix on vendor position and classification
12.3 Capgemini Service SAS
Exhibit 120: Capgemini Service SAS - Overview
Exhibit 121: Capgemini Service SAS - Business segments
Exhibit 122: Capgemini Service SAS - Key news
Exhibit 123: Capgemini Service SAS - Key offerings
Exhibit 124: Capgemini Service SAS - Segment focus
12.4 Carrier Global Corp.
Exhibit 125: Carrier Global Corp. - Overview
Exhibit 126: Carrier Global Corp. - Business segments
Exhibit 127: Carrier Global Corp. - Key news
Exhibit 128: Carrier Global Corp. - Key offerings
Exhibit 129: Carrier Global Corp. - Segment focus
12.5 Cisco Systems Inc.
Exhibit 130: Cisco Systems Inc. - Overview
Exhibit 131: Cisco Systems Inc. - Business segments
Exhibit 132: Cisco Systems Inc. - Key news
Exhibit 133: Cisco Systems Inc. - Key offerings
Exhibit 134: Cisco Systems Inc. - Segment focus
12.6 Emerson Electric Co.
Exhibit 135: Emerson Electric Co. - Overview
Exhibit 136: Emerson Electric Co. - Business segments
Exhibit 137: Emerson Electric Co. - Key news
Exhibit 138: Emerson Electric Co. - Key offerings
Exhibit 139: Emerson Electric Co. - Segment focus
12.7 General Electric Co.
Exhibit 140: General Electric Co. - Overview
Exhibit 141: General Electric Co. - Business segments
Exhibit 142: General Electric Co. - Key news
Exhibit 143: General Electric Co. - Key offerings
Exhibit 144: General Electric Co. - Segment focus
12.8 Honeywell International Inc.
Exhibit 145: Honeywell International Inc. - Overview
Exhibit 146: Honeywell International Inc. - Business segments
Exhibit 147: Honeywell International Inc. - Key news
Exhibit 148: Honeywell International Inc. - Key offerings
Exhibit 149: Honeywell International Inc. - Segment focus
12.9 Intel Corp.
Exhibit 150: Intel Corp. - Overview
Exhibit 151: Intel Corp. - Business segments
Exhibit 152: Intel Corp. - Key news
Exhibit 153: Intel Corp. - Key offerings
Exhibit 154: Intel Corp. - Segment focus
12.10 Johnson Controls International Plc.
Exhibit 155: Johnson Controls International Plc. - Overview
Exhibit 156: Johnson Controls International Plc. - Business segments
Exhibit 157: Johnson Controls International Plc. - Key news
Exhibit 158: Johnson Controls International Plc. - Key offerings
Exhibit 159: Johnson Controls International Plc. - Segment focus
12.11 Lennox International Inc.
Exhibit 160: Lennox International Inc. - Overview
Exhibit 161: Lennox International Inc. - Business segments
Exhibit 162: Lennox International Inc. - Key offerings
Exhibit 163: Lennox International Inc. - Segment focus
12.12 Panasonic Holdings Corp.
Exhibit 164: Panasonic Holdings Corp. - Overview
Exhibit 165: Panasonic Holdings Corp. - Business segments
Exhibit 166: Panasonic Holdings Corp. - Key news
Exhibit 167: Panasonic Holdings Corp. - Key offerings
Exhibit 168: Panasonic Holdings Corp. - Segment focus
12.13 Resideo Technologies Inc.
Exhibit 169: Resideo Technologies Inc. - Overview
Exhibit 170: Resideo Technologies Inc. - Business segments
Exhibit 171: Resideo Technologies Inc. - Key offerings
Exhibit 172: Resideo Technologies Inc. - Segment focus
12.14 Robert Bosch GmbH
Exhibit 173: Robert Bosch GmbH - Overview
Exhibit 174: Robert Bosch GmbH - Business segments
Exhibit 175: Robert Bosch GmbH - Key news
Exhibit 176: Robert Bosch GmbH - Key offerings
Exhibit 177: Robert Bosch GmbH - Segment focus
12.15 Schneider Electric SE
Exhibit 178: Schneider Electric SE - Overview
Exhibit 179: Schneider Electric SE - Business segments
Exhibit 180: Schneider Electric SE - Key news
Exhibit 181: Schneider Electric SE - Key offerings
Exhibit 182: Schneider Electric SE - Segment focus
12.16 Siemens AG
Exhibit 183: Siemens AG - Overview
Exhibit 184: Siemens AG - Business segments
Exhibit 185: Siemens AG - Key news
Exhibit 186: Siemens AG - Key offerings
Exhibit 187: Siemens AG - Segment focus
12.17 tado GmbH
Exhibit 188: tado GmbH - Overview
Exhibit 189: tado GmbH - Product / Service
Exhibit 190: tado GmbH - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 191: Inclusions checklist
Exhibit 192: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 193: Currency conversion rates for US$
13.4 Research methodology
Exhibit 194: Research methodology
Exhibit 195: Validation techniques employed for market sizing
Exhibit 196: Information sources
13.5 List of abbreviations
Exhibit 197: List of abbreviations