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Home Energy Management System Market Share

Report ID: GMI2566
Published Date: Oct 2023
Report Format: PDF

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Home Energy Management System Market Share

Honeywell commands a substantial share in the home energy management system industry, distinguished for its extensive experience in engineering and producing diverse EMS types, encompassing home energy management system, intelligent energy management systems, commercial energy management system, among others. With a rich history deeply rooted in the HVAC sector, the company has delivered EMS solutions across a broad spectrum of residential and commercial applications.

Global Company Market Share Analysis, 2023 (%)

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Some of the key market players operating across the home energy management system industry are:

General Electric
Honeywell International Inc.
Alphabet, Inc.
Vivint Inc.
Comcast Cable Communications, LLC
EcoFactor, Inc.
Energyhub, Inc.
Ecobee, Inc.
Panasonic Corporation
Schneider Electric
Alarm.com
Robert Bosch Gmbh
Johnson Controls
Nest Labs, Inc.
NX Technologies
Ingersoll Rand
Siemens

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of home energy management system was worth USD 5.7 billion in 2023 and is estimated to expand at over 8.3% CAGR from 2024 to 2032, attributed to the growing awareness of environmental issues and the rising need to reduce carbon footprint worldwide.

The networking device segment held over 23% share of the home energy management system market in 2022 and is likely to expand at notable CAGR from 2023 to 2032, driven by increasing adoption to facilitate transfer of data and control signals to monitor and manage energy consumption efficiently.

North America home energy management system industry is projected to expand at over 6.6% CAGR through 2032, driven by increasing integration with broader smart home ecosystems together the rising consumer demand for automated energy-related devices.

General Electric, Honeywell International Inc., Alphabet, Inc., Vivint Inc., Comcast Cable Communications, LLC, EcoFactor, Inc., Energyhub, Inc., Panasonic Corporation, Schneider Electric, and Robert Bosch Gmbh