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Home Energy Management System Market by Hardware (Control Device, Display/ Communication Device), by Communication Technology (Z-Wave, ZigBee, Wi-Fi) and by Software & Service (Behavioral, Proactive) - Global Forecast to 2022

Home Energy Management System Market by Hardware (Control Device, Display/ Communication Device), by Communication Technology (Z-Wave, ZigBee, Wi-Fi) and by Software & Service (Behavioral, Proactive) - Global Forecast to 2022

Global HEMS– market size and drivers:
The global market for HEMS is expected to grow at a CAGR of 18.36% between 2016 and 2022 from USD 864.2 million in 2015 to USD 3.15 billion by 2022. The market is expected to be driven by the increasing real-time energy conservation approach, convenience of cloud computing and data analytics, and increased device interconnectivity.

ZigBee technology is expected to grow at the highest rate in the HEMS market
With the growing potential and awareness the ZigBee protocol is expected to grow at a faster pace. As it can be structured in a variety of topologies such as mesh, stellate, and tree, ZigBee is widely preferred by most of the HEMS providers. ZigBee is preferred for applications related to low data rate, long battery life, and secure networking. As a result of the advanced features and excellent compatibility provided by this protocol, most of the Fortune 500 companies are supporting and joining the ZigBee alliance. This factor is expected to have a high influence on the high growth of ZigBee technology across the globe, during the forecast period.

North Americas and Asia-Pacific are major markets
North America accounted for the largest share of the global HEMS market in 2015 because of the growing necessity of energy conservation in the homes and better and customized services provided by the HEMS providers in the U.S., Canada, and Mexico. The HEMS market in Asia-Pacific, however, is expected to grow at the highest rate. This region has a considerable market in countries such as China, Japan, Australia, and the Rest of APAC (RoAPAC). Currently, Japan is considered to be a huge market for HEMS because of the considerable implementation rate of various control devices such as lighting controllers and smart meters in this country. Economies such as Australia, China, India, Singapore, and Malaysia among others are expected to grow at a high growth rate for home automation products during the forecast period.

In the process of determining and verifying the market size for several segments and sub-segments gathered through the secondary research, extensive primary interviews were conducted with key people in the HEMS industry. The break-up of primary participants for the report is shown below:
By Company type – Tier 1– 55%, Tier 2 – 20%, and Tier 3 – 25%
By Designation – C-level – 43%, Manager level – 32%, and others – 25%
By Region – North America – 60%, Europe – 25%, Asia-Pacific – 10%, and RoW – 5%

The report profiles key players in the HEMS market with their respective market share analysis. The prominent players profiled in this report are Honeywell International, Inc. (U.S.), Nest Labs, Inc. (U.S.), Ecobee (Canada), General Electric Company (U.S.), EnergyHub, Inc. (U.S.), Vivint, Inc. (U.S.), Panasonic Corporation (Japan), Alarm.com (U.S.), Ecofactor (U.S.), and Comcast Cable (Xfinity, U.S.).

The report will help leaders/new entrants in this market in the following ways:
1. This report segments the HEMS market comprehensively and provides the closest market size projection for all sub-segments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them with the information on key drivers, restraints, challenges, and opportunities for market growth.
3. This report would help stakeholders better understand a competitor and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
    • CURRENCY
    • LIMITATION
    • STAKEHOLDERS
  • RESEARCH DESIGN
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRANGULATION
    • MARKET SHARE ESTIMATION
      • KEY DATA FROM SECONDARY SOURCES
      • KEY DATA FROM PRIMARY SOURCES
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table GLOBAL HEMS MARKET SIZE, BY HARDWARE, 2014-2022 (USD MILLION)
    • Table HEMS MARKET SIZE, BY SOFTWARE AND SERVICE, 2014-2022 (USD MILLION)
    • Table NORTH AMERICA: HEMS MARKET SIZE, BY HARDWARE, 2014-2022 (USD MILLION)
  • PREMIUM INSIGHTS
    • OPPORTUNITIES IN THE HEMS MARKET
    • HEMS MARKET-TOP CONTROL DEVICES
    • THE HEMS MARKET BASED ON COMMUNICATION TECHNOLOGY AND GEOGRAPHY
    • NORTH AMERICA DOMINATED THE HEMS MARKET IN 2015
    • GLOBAL HEMS MARKET SIZE BASED ON SOFTWARE & SERVICES (2015, 2016, AND 2022)
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • HEMS MARKET, BY HARDWARE
      • HEMS MARKET, BY COMMUNICATION TECHNOLOGY
      • HEMS MARKET, BY SOFTWARE/ SERVICE
      • HEMS MARKET, BY GEOGRAPHY
    • MARKET DYNAMICS
      • DRIVERS
        • Table DRIVER ANALYSIS
      • RESTRAINTS
        • Table RESTRAINT ANALYSIS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • MARKET, BY HARDWARE
    • INTRODUCTION
      • Table HEMS MARKET SIZE, BY HARDWARE, 2014-2022 (USD MILLION)
      • Table HEMS MARKET SIZE FOR HARDWARE, BY REGION, 2014-2022 (USD MILLION)
    • CONTROL DEVICE
      • Table HEMS MARKET SIZE FOR HARDWARE, BY CONTROL DEVICE, 2014-2022 (USD MILLION)
      • Table HEMS MARKET SIZE FOR CONTROL DEVICES, BY REGION, 2014-2022 (USD MILLION)
      • Table HEMS MARKET SIZE FOR HARDWARE, BY CONTROL DEVICE, 2014-2022 (THOUSAND UNITS)
      • LIGHTING CONTROLLER
        • Table HEMS MARKET SIZE FOR LIGHTING CONTROLLERS, BY REGION, 2014-2022 (USD MILLION)
      • SENSOR
        • Table HEMS MARKET SIZE FOR SENSORS, BY REGION, 2014-2022 (USD MILLION)
      • SMART METER
        • Table HEMS MARKET SIZE FOR SMART METERS, BY REGION, 2014-2022 (USD MILLION)
      • SMART PLUG/ STRIP
        • Table HEMS MARKET FOR SMART PLUGS/ STRIPS, BY REGION, 2014-2022 (USD MILLION)
      • THERMOSTAT
        • Table HEMS MARKET SIZE FOR THERMOSTATS, BY REGION, 2014-2022 (USD MILLION)
    • DISPLAY/ COMMUNICATION DEVICE
      • Table HEMS MARKET FOR HARDWARE , BY DISPLAY/ COMMUNICATION DEVICE, 2014-2022 (USD MILLION)
      • Table HEMS MARKET SIZE FOR DISPLAY/ COMMUNICATION DEVICES, BY REGION, 2014-2022 (USD MILLION)
      • Table HEMS MARKET SIZE FOR MONITORING/ DISPLAY SYSTEMS, BY REGION, 2014-2022 (USD MILLION)
      • Table HEMS MARKET SIZE FOR COMMUNICATION DEVICES, BY REGION, 2014-2022 (USD MILLION)
  • MARKET, BY COMMUNICATION TECHNOLOGY
    • INTRODUCTION
      • Table HEMS MARKET SIZE, BY COMMUNICATION TECHNOLOGY, 2014-2022 (USD MILLION)
      • Table HEMS MARKET SIZE FOR COMMUNICATION TECHNOLOGY, BY REGION, 2014-2022 (USD MILLION)
    • Z-WAVE
      • Table HEMS MARKET SIZE FOR Z-WAVE, BY REGION, 2014-2022 (USD MILLION)
    • ZIGBEE
      • Table HEMS MARKET SIZE FOR ZIGBEE, BY REGION, 2014-2022 (USD MILLION)
    • WI-FI
      • Table HEMS MARKET FOR WI-FI, BY REGION, 2014-2022 (USD MILLION)
    • OTHER COMMUNICATION TECHNOLOGIES
      • Table HEMS MARKET FOR OTHER COMMUNICATION TECHNOLOGIES, BY REGION, 2014-2022 (USD MILLION)
  • MARKET, BY SOFTWARE & SERVICE
    • INTRODUCTION
      • Table HEMS MARKET SIZE, BY SOFTWARE & SERVICE, 2014-2022 (USD MILLION)
      • Table HEMS MARKET FOR SOFTWARE & SERVICES, BY REGION, 2014-2022 (USD MILLION)
    • BEHAVIORAL
      • Table HEMS MARKET SIZE FOR BEHAVIORAL, BY REGION, 2014-2022 (USD MILLION)
    • PROACTIVE
      • Table HEMS MARKET SIZE FOR PROACTIVE, BY REGION, 2014-2022 (USD MILLION)
  • MARKET, BY GEOGRAPHY
    • INTRODUCTION
      • Table HEMS MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: HEMS MARKET SIZE, BY COUNTRY, 2014-2022 (USD MILLION)
      • Table NORTH AMERICA : HEMS MARKET SIZE, BY SEGMENT, 2014-2022 (USD MILLION)
      • Table NORTH AMERICA: HEMS MARKET SIZE, BY HARDWARE, 2014-2022 (USD MILLION)
      • Table NORTH AMERICA: HEMS MARKET SIZE, BY CONTROL DEVICE, 2014-2022 (USD MILLION)
      • Table NORTH AMERICA: HEMS MARKET SIZE, BY DISPLAY/ COMMUNICATION DEVICE, 2014-2022 (USD MILLION)
      • Table NORTH AMERICA: HEMS MARKET SIZE FOR HARDWARE, BY COUNTRY, 2014-2022 (USD MILLION)
      • Table NORTH AMERICA: HEMS MARKET SIZE, BY COMMUNICATION TECHNOLOGY, 2014-2022 (USD MILLION)
      • Table NORTH AMERICA: HEMS MARKET SIZE FOR COMMUNICATION TECHNOLOGY, BY COUNTRY, 2014-2022 (USD MILLION)
      • Table NORTH AMERICA: HEMS MARKET SIZE, BY SOFTWARE & SERVICE, 2014-2022 (USD MILLION)
      • Table NORTH AMERICA: HEMS MARKET SIZE FOR SOFTWARE & SERVICE, BY COUNTRY, 2014-2022 (USD MILLION)
    • EUROPE
      • Table EUROPE: HEMS MARKET SIZE, BY GEOGRAPHY, 2014-2022 (USD MILLION)
      • Table EUROPE: HEMS MARKET SIZE, BY SEGMENT, 2014-2022 (USD MILLION)
      • Table EUROPE: HEMS MARKET SIZE, BY HARDWARE, 2014-2022 (USD MILLION)
      • Table EUROPE: HEMS MARKET SIZE FOR HARDWARE, BY CONTROL DEVICE, 2014-2022 (USD MILLION)
      • Table EUROPE: HEMS MARKET SIZE, BY DISPLAY/ COMMUNICATION DEVICE, 2014-2022 (USD MILLION)
      • Table EUROPE: HEMS MARKET SIZE FOR HARDWARE, BY GEOGRAPHY, 2014-2022 (USD MILLION)
      • Table EUROPE: HEMS MARKET SIZE, BY COMMUNICATION TECHNOLOGY, 2014-2022 (USD MILLION)
      • Table EUROPE: HEMS MARKET SIZE FOR COMMUNICATION TECHNOLOGY, BYGEOGRAPHY, 2014-2022 (USD MILLION)
      • Table EUROPE: HEMS MARKET SIZE, BY SOFTWARE & SERVICE, 2014-2022 (USD MILLION)
      • Table EUROPE: HEMS MARKET SIZE FOR SOFTWARE & SERVICE, BY GEOGRAPHY, 2014-2022 (USD MILLION)
    • APAC
      • Table APAC: HEMS MARKET SIZE, BY GEOGRAPHY, 2014-2022 (USD MILLION)
      • Table APAC: HEMS MARKET SIZE, BY SEGMENT, 2014-2022 (USD MILLION)
      • Table APAC: HEMS MARKET SIZE, BY HARDWARE, 2014-2022 (USD MILLION)
      • Table APAC: HEMS MARKET SIZE, BY CONTROL DEVICE, 2014-2022 (USD MILLION)
      • Table APAC: HEMS MARKET SIZE, BY DISPLAY/ COMMUNICATION DEVICE, 2014-2022 (USD MILLION)
      • Table APAC: HEMS MARKET SIZE FOR HARDWARE, BY GEOGRAPHY, 2014-2022 (USD MILLION)
      • Table APAC: HEMS MARKET SIZE, BY COMMUNICATION TECHNOLOGY, 2014-2022 (USD MILLION)
      • Table APAC: HEMS MARKET SIZE FOR COMMUNICATION TECHNOLOGY, BY GEOGRAPHY, 2014-2022 (USD MILLION)
      • Table APAC: HEMS MARKET SIZE, BY SOFTWARE & SERVICE, 2014-2022 (USD MILLION)
      • Table APAC: HEMS MARKET FOR SOFTWARE & SERVICES, BY GEOGRAPHY, 2014-2022 (USD MILLION)
    • REST OF THE WORLD (ROW)
      • Table ROW: HEMS MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
      • Table ROW: HEMS MARKET SIZE, BY SEGMENT, 2014-2022 (USD MILLION)
      • Table ROW: HEMS MARKET SIZE, BY HARDWARE, 2014-2022 (USD MILLION)
      • Table ROW: HEMS MARKET SIZE, BY CONTROL DEVICE, 2014-2022 (USD MILLION)
      • Table ROW: HEMS MARKET SIZE, BY DISPLAY/ COMMUNICATION DEVICE, 2014-2022 (USD MILLION)
      • Table ROW: HEMS MARKET SIZE FOR HARDWARE, BY REGION, 2014-2022 (USD MILLION)
      • Table ROW: HEMS MARKET SIZE, BY COMMUNICATION TECHNOLOGY, 2014-2022 (USD MILLION)
      • Table ROW: HEMS MARKET SIZE FOR COMMUNICATION TECHNOLOGY MARKET SIZE, BY REGION, 2014-2022 (USD MILLION)
      • Table ROW: HEMS MARKET SIZE, BY SOFTWARE & SERVICE, 2014-2022 (USD MILLION)
      • Table ROW: HEMS MARKET SIZE FOR SOFTWARE & SERVICES, BY REGION, 2014-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET SHARE ANALYSIS, HEMS SYSTEM MARKET
    • COMPETITIVE SITUATION AND TRENDS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2013-2015
      • CONTRACTS, COLLABORATIONS, AND AGREEMENTS
        • Table CONTRACTS, COLLABORATIONS AND AGREEMENTS, 2013-2015
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2013-2015
  • COMPANY PROFILES
    • HONEYWELL INTERNATIONAL, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • NEST LABS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • VIVINT, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GENERAL ELECTRIC COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ECOBEE, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ALARM.COM
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • COMCAST CABLE (XFINITY)
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • PANASONIC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • ECOFACTOR, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
    • ENERGYHUB, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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