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Residential energy management solutions are cost effective and latest technology solutions designed to cater to the demand of reduction in energy consumption by residential customers. Residential energy management solutions consume less power and results in lower utility bills. Residential energy management solutions measure the energy consumption of home’s heating, cooling, lighting systems and individual appliances to uncover trends in electricity use and operate devices to get maximum savings.North America (NA) region is one of the prime region for REM with repsect to the adoption of the technology. In 2017 the NA market has the largest market share of 39% followed by Europe. APAC and MEA are at the adoption stage of REM.
The Residential Energy Management market was valued at 6330 Million US$ in 2018 and is projected to reach 102400 Million US$ by 2025, at a CAGR of 41.6% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Residential Energy Management.
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Key companies profiled in this report are Elster Group, General Electric, Itron, Landis+Gyr, Schneider Electric, Opower, Silver Spring Networks, Aclara Technologies, Alertme.Com, Tendril Networks, Comverge, Ecofactor, Carrier and more. Each of this company is profiled in the terms of company basic details, revenue, gross margin, product description, recent developments, etc.
Objectives of Global Residential Energy Management Market report are:
• To analyze global Residential Energy Management market status and forecast, involving production, revenue, consumption, historical and forecast data
• To analyse the key Residential Energy Management companies and to get details of their production, revenue, market share, and recent development
• To get in depth knowledge by segmentation of data into regions, types, manufacturers and applications
• To identify the global and key regions market potential, advantage, opportunities, challenges, restraints and risks.
• To identify the factors influencing the market like trends, drivers in global and regional aspects
• To present the competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
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Residential Energy Management Market is categorized on the basis of following product types:
(Each product type is covered in the terms of growth rate, production, revenue, price, forecast, etc)
• Energy Management Platform (EMP)
• Energy Analytics
• Customer Engagement Platform (CEP)
Residential Energy Management Market is studied for the following applications:
(Each application is covered in the terms of market size growth rate, regional consumption analysis, market share, consumption forecast, etc.)
• Smart Appliances
• Smart Meters
• Smart Thermostat
• In-House Displays
Residential Energy Management Market: Production Segmentation by Regions covered for followings:
• United States
• Europe
• China
• Japan
• Other Regions
Residential Energy Management Market: Consumption Segmentation by Regions covered for followings:
• North America (United States, Canada, Mexico)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
• Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
• Central & South America (Brazil, Rest of South America)
• Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa)
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Release ID: 471823