Market Research Report

Product code

1021399

Residential Energy Management - Global Market Outlook (2020 -2028)

Published: July 1, 2021 |

Stratistics Market Research Consulting | 150+ Pages | Delivery time: 2-3 business days

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According to Stratistics MRC, the Global Residential Energy Management Market is accounted for $2.20 billion in 2020 and is expected to reach $6.87 billion by 2028 growing at a CAGR of 15.3% during the forecast period. Government plans and policies toward energy effectiveness in residential buildings and increasing energy expenditure in residential sectors of non-OCED and OCED nations are the major factors propelling the market growth. However, high initial costs related to deploying residential energy management systems are hampering the market growth.

Residential energy management solutions are cost-efficient and the latest technology solutions are considered to provide the command of decrease in energy consumption by residential customers. Residential energy management solutions measure the energy consumption of a home's heating and individual appliances to uncover trends in electricity utilization and operate devices to get maximum savings.

Based on the communication technology, the wired segment is estimated to have a huge demand during the forecast period. Wired communication technology broadcasts large volumes of data, analyzes the data, and offers actionable information for grid operators. The growth of this wired communication technology segment is attributed to its increased security, lack of interference, and high speed.

By geography, North America is going to have a lucrative growth during the forecast period. The command for residential energy management in this region is determined by rising investments in grid expansion projects to raise energy efficiency, grid reliability, and improved power consumption residential sector.

Some of the key players profiled in the Residential Energy Management Market include Aclara Technologies, Alertme.Com, Carrier, Comverge, EcoFactor, Elster Group, General Electric, Itron, Landis+Gyr, Opower, Schneider Electric, Silver Spring Networks, Tendril Networks, Danaher Corporation, Celestron LLC, Leica Microsystems, Carl Zeiss AG, Nikon Corporation, Keyence Corporation, Jeol, Ltd., Hirox Corporation, Olympus Corporation, and Tagarno A/S.

Communication Technologies Covered:

Wired
Wireless

Hardwares Covered:

Control Devices
Demand Response (DR) Devices
In-House Displays (IHD)
Load Control Switches (LCS)
Relays
Remote Terminal Units
Heating and Air-Conditioning (HVAC) Control Devices
Gateways
Ventilating
Sensors
Display Devices
Batteries
Controllers
Smart Meters
Smart Appliances
Smart Thermostats
Smart Plugs

Product Types Covered:

Desktop Digital Microscope
Portable Digital Microscope
Wireless digital microscope

Platforms Covered:

Energy Analytics
Energy Management Platform (EMP)
Customer Engagement Platform (CEP)

Applications Covered:

Power Monitoring & Control
Load Shedding & Management
Flexible Load Management

Regions Covered:

North America
- US
- Canada
- Mexico
Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
South America
- Argentina
- Brazil
- Chile
- Rest of South America
Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa

What our report offers:

Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

Product Code: SMRC20681

1 Executive Summary

2 Preface

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Residential Energy Management Market, By Communication Technology

5.1 Introduction
5.2 Wired
- 5.2.1 Ethernet
- 5.2.2 Fiber Optic
- 5.2.3 Internet Protocol (IP)
- 5.2.4 Powerline Carrier
- 5.2.5 Home Plugs
5.3 Wireless
- 5.3.1 Radio Frequency Mesh
- 5.3.2 Cellular Network
- 5.3.3 Worldwide Interoperability for Microwave Access (WiMAX)
- 5.3.4 Z-Wave
- 5.3.5 ZigBee
- 5.3.6 Wi-Fi
- 5.3.7 Threads

6 Global Residential Energy Management Market, By Hardware

6.1 Introduction
6.2 Control Devices
6.3 Demand Response (DR) Devices
6.4 In-House Displays (IHD)
6.5 Load Control Switches (LCS)
6.6 Relays
6.7 Remote Terminal Units
6.8 Heating and Air-Conditioning (HVAC) Control Devices
6.9 Gateways
6.10 Ventilating
6.11 Sensors
6.12 Display Devices
6.13 Batteries
6.14 Controllers
6.15 Smart Meters
6.16 Smart Appliances
6.17 Smart Thermostats
6.18 Smart Plugs

7 Global Residential Energy Management Market, By Product Type

7.1 Introduction
7.2 Desktop Digital Microscope
7.3 Portable Digital Microscope
7.4 Wireless digital microscope

8 Global Residential Energy Management Market, By Platform

8.1 Introduction
8.2 Energy Analytics
8.3 Energy Management Platform (EMP)
8.4 Customer Engagement Platform (CEP)

9 Global Residential Energy Management Market, By Application

9.1 Introduction
9.2 Power Monitoring & Control
9.3 Load Shedding & Management
9.4 Flexible Load Management

10 Global Residential Energy Management Market, By Geography

10.1 Introduction
10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa

11 Key Developments

11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies

12 Company Profiling

12.1 Aclara Technologies
12.2 Alertme.Com
12.3 Carrier
12.4 Comverge
12.5 EcoFactor
12.6 Elster Group
12.7 General Electric
12.8 Itron
12.9 Landis+Gyr
12.10 Opower
12.11 Schneider Electric
12.12 Silver Spring Networks
12.13 Tendril Networks
12.14 Danaher Corporation
12.15 Celestron LLC
12.16 Leica Microsystems
12.17 Carl Zeiss AG
12.18 Nikon Corporation
12.19 Keyence Corporation
12.20 Jeol, Ltd.
12.21 Hirox Corporation
12.22 Olympus Corporation
12.23 Tagarno A/S

List of Tables

Table 1 Global Residential Energy Management Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Residential Energy Management Market Outlook, By Communication Technology (2019-2028) ($MN)
Table 3 Global Residential Energy Management Market Outlook, By Wired (2019-2028) ($MN)
Table 4 Global Residential Energy Management Market Outlook, By Ethernet (2019-2028) ($MN)
Table 5 Global Residential Energy Management Market Outlook, By Fiber Optic (2019-2028) ($MN)
Table 6 Global Residential Energy Management Market Outlook, By Internet Protocol (IP) (2019-2028) ($MN)
Table 7 Global Residential Energy Management Market Outlook, By Powerline Carrier (2019-2028) ($MN)
Table 8 Global Residential Energy Management Market Outlook, By Home Plugs (2019-2028) ($MN)
Table 9 Global Residential Energy Management Market Outlook, By Wireless (2019-2028) ($MN)
Table 10 Global Residential Energy Management Market Outlook, By Radio Frequency Mesh (2019-2028) ($MN)
Table 11 Global Residential Energy Management Market Outlook, By Cellular Network (2019-2028) ($MN)
Table 12 Global Residential Energy Management Market Outlook, By Worldwide Interoperability for Microwave Access (WiMAX) (2019-2028) ($MN)
Table 13 Global Residential Energy Management Market Outlook, By Z-Wave (2019-2028) ($MN)
Table 14 Global Residential Energy Management Market Outlook, By ZigBee (2019-2028) ($MN)
Table 15 Global Residential Energy Management Market Outlook, By Wi-Fi (2019-2028) ($MN)
Table 16 Global Residential Energy Management Market Outlook, By Threads (2019-2028) ($MN)
Table 17 Global Residential Energy Management Market Outlook, By Hardware (2019-2028) ($MN)
Table 18 Global Residential Energy Management Market Outlook, By Control Devices (2019-2028) ($MN)
Table 19 Global Residential Energy Management Market Outlook, By Demand Response (DR) Devices (2019-2028) ($MN)
Table 20 Global Residential Energy Management Market Outlook, By In-House Displays (IHD) (2019-2028) ($MN)
Table 21 Global Residential Energy Management Market Outlook, By Load Control Switches (LCS) (2019-2028) ($MN)
Table 22 Global Residential Energy Management Market Outlook, By Relays (2019-2028) ($MN)
Table 23 Global Residential Energy Management Market Outlook, By Remote Terminal Units (2019-2028) ($MN)
Table 24 Global Residential Energy Management Market Outlook, By Heating and Air-Conditioning (HVAC) Control Devices (2019-2028) ($MN)
Table 25 Global Residential Energy Management Market Outlook, By Gateways (2019-2028) ($MN)
Table 26 Global Residential Energy Management Market Outlook, By Ventilating (2019-2028) ($MN)
Table 27 Global Residential Energy Management Market Outlook, By Sensors (2019-2028) ($MN)
Table 28 Global Residential Energy Management Market Outlook, By Display Devices (2019-2028) ($MN)
Table 29 Global Residential Energy Management Market Outlook, By Batteries (2019-2028) ($MN)
Table 30 Global Residential Energy Management Market Outlook, By Controllers (2019-2028) ($MN)
Table 31 Global Residential Energy Management Market Outlook, By Smart Meters (2019-2028) ($MN)
Table 32 Global Residential Energy Management Market Outlook, By Smart Appliances (2019-2028) ($MN)
Table 33 Global Residential Energy Management Market Outlook, By Smart Thermostats (2019-2028) ($MN)
Table 34 Global Residential Energy Management Market Outlook, By Smart Plugs (2019-2028) ($MN)
Table 35 Global Residential Energy Management Market Outlook, By Product Type (2019-2028) ($MN)
Table 36 Global Residential Energy Management Market Outlook, By Desktop Digital Microscope (2019-2028) ($MN)
Table 37 Global Residential Energy Management Market Outlook, By Portable Digital Microscope (2019-2028) ($MN)
Table 38 Global Residential Energy Management Market Outlook, By Wireless digital microscope (2019-2028) ($MN)
Table 39 Global Residential Energy Management Market Outlook, By Platform (2019-2028) ($MN)
Table 40 Global Residential Energy Management Market Outlook, By Energy Analytics (2019-2028) ($MN)
Table 41 Global Residential Energy Management Market Outlook, By Energy Management Platform (EMP) (2019-2028) ($MN)
Table 42 Global Residential Energy Management Market Outlook, By Customer Engagement Platform (CEP) (2019-2028) ($MN)
Table 43 Global Residential Energy Management Market Outlook, By Application (2019-2028) ($MN)
Table 44 Global Residential Energy Management Market Outlook, By Power Monitoring & Control (2019-2028) ($MN)
Table 45 Global Residential Energy Management Market Outlook, By Load Shedding & Management (2019-2028) ($MN)
Table 46 Global Residential Energy Management Market Outlook, By Flexible Load Management (2019-2028) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.