Global Home Energy Management Systems Market 2017-2021

NEW YORK, April 6, 2017 /PRNewswire/ --

About Home Energy Management Systems

HEMS are devices that are installed in residential buildings to enable the provision of feedback on electricity consumption patterns and power consumption data for individual appliances. These systems perform pre-programmed functions, such as maintaining the temperature of houses. In addition, HEMS not only provide demand-response prompts from utility loads but also provide data about loads generated by microgrids. The data generated are provided to users, wherein they can view their energy consumption patterns and compare them with historical data.

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Technavio's analysts forecast the global home energy management systems market to grow at a CAGR of 18.71% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global home energy management systems market for 2017-2021. To calculate the market size, the report considers the new installations in the market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Home Energy Management Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Cisco Systems
- Honeywell
- Panasonic
- Schneider Electric

Other prominent vendors
- Allure Energy
- C3 IoT
- Capgemini
- GE Appliances and Lighting
- Hitachi
- Intel
- Johnson Controls
- Liricco Technology
- Siemens
- SmartThings (a wholly owned subsidiary of Samsung Electronics)
- Toshiba

Market driver
- Growing adoption of smart grid technologies
- For a full, detailed list, view our report

Market challenge
- High cost of implementation and interoperability issues
- For a full, detailed list, view our report

Market trend
- Growing demand for smart homes
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Methodology
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