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Published Date: 2014-04-30Number of Pages: 87

Home Energy Management Systems Market (Functionalities - Control Devices, User Interface, and Enabling Technologies; and Technologies - Wi-Fi, ZigBee, HomePlug, Z-Wave, Insteon, Wavenis, Enocean, and Ethernet) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Global Home Energy Management Systems Market: Snapshot

Home energy management systems, or HEMS, are enabling devices for home owners that act as intermediary platforms for a user to manage and monitor their overall consumption of energy on a regular basis. HEMS are therefore useful when it comes to conserving energy and minimizing energy losses over an average day. The global home energy management systems market is currently developing at a very swift pace in order to meet with the growing energy crunch faced by the world. The depleting stockpiles of fossil fuels are making it more and more important for all sectors to buckle up and start taking serious efforts to conserve energy. 

The global home energy management systems market is expected to expand at a phenomenal CAGR of 25.0% within a forecast period from 2013 to 2019. The market is expected to reach US$1.90 bn by the end of 2019, and was calculated at US$393.8 mn at the end of 2012. 

North America Dominates HEMS Implementation Rate

The global home energy management systems market can be segmented on the basis of regions, into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The market has consistently seen a higher demand for solutions and technologies from developed economies, thanks to their advanced infrastructure in the residential sector, coupled with a higher level of awareness regarding energy conservation, a higher overall energy consumption factors, and the presence of leading players in the market from an earlier span of time. 

North America was the leading region in the global home energy management systems market for 2012, primarily due to the large scale implementation of wireless technologies. These include the newer ZigBee, as well as conventional Wi-Fi and home area network technologies. In Europe, the HEMS market is expected to expand at the leading rate from a global perspective. Several key nations are planning to fully implement smart meters before the end of 2019 and governments are especially eased up on the regulatory framework dealing with the entrance of newer players into this market. 

ZigBee Expected to Surge in Demand

From the perspective of technologies, the global home energy management systems market can be segmented into the more prominent segments of Wi-Fi, ZigBee, HomePlug, and Z-Wave, along with a number of other minority shareholders. Over the coming years, ZigBee is expected to show the leading rate of growth in terms of technological advancements and rate of implementation. Over the coming years, ZigBee is expected to surpass Wi-Fi networking in terms of connectivity for HEMS. ZigBee technologies are better in terms of scalability, are far more tolerant to interference than Wi-Fi technologies, and are easier to make compatible with HAN devices. 

On the basis of functionality, the global home energy management systems market can be segmented into user interface, enabling technologies, and control devices. Currently, control devices are leading the market in terms of usage rate and overall demand. However, enabling technologies are expected to gain a higher growth rate over the coming years due to the advantages they show over the other functional segments. 

The leading players in the global home energy management systems market include Panasonic Corporation (Japan), Honeywell International, Inc., (U.S.), General Electric Company (U.S.), Intel Corporation (U.S.), Cisco Systems, Inc. (U.S.), and Sharp Corporation (Japan).

Chapter 1 Preface

1.1 Report description

1.2 Research Scope

1.3 Research methodology

 

Chapter 2 Executive Summary

 

Chapter 3 Home Energy Management Systems (HEMS) Market Overview

3.1 Introduction

3.2 Trends and future outlook

3.3 Market dynamics

      3.3.1 Drivers

      3.3.2 Increased need for home energy management

      3.3.3 Variable pricing schemes offered for electric distribution

      3.3.4 Increased connectivity and growing smartphone applications

      3.3.5 Restraints

      3.3.6 High installation cost and complexity

      3.3.7 Lack of awareness and perceived health risks

      3.3.8 Opportunities

3.4 Value Chain Analysis

3.5 Porters five force analysis

      3.5.1 Bargaining power of suppliers

      3.5.2 Bargaining power of buyers

      3.5.3 Threat of substitute products

      3.5.5 Degree of competition

3.6 Market attractiveness analysis, by geography, 2012

3.7 Market share analysis, 2012

 

Chapter 4 Global Home Energy Management Systems Market, by Functionality

4.1 Introduction

4.2 Control devices

4.3 User Interface

4.4 Enabling technologies

 

Chapter 5 Global Home Energy Management Systems Market, by technology

5.1 Introduction

5.2 Wi-Fi

5.3 ZigBee

      5.3.1 Wi-Fi vs. ZigBee

5.4 Z-Wave

5.5 HomePlug

5.6 Wireless M-Bus

5.7 Others

 

Chapter 6 Global Home Energy Management Systems Market, by Geography

6.1 Introduction

6.2 North America

      6.2.1 North America HEMS market, by technology, 2011 – 2019 (USD Million)

      6.2.2 North America HEMS market, by functionality, 2011 – 2019 (USD Million)

6.3 Europe

      6.3.1 Europe HEMS market, by technology, 2011 – 2019 (USD Million)

      6.3.2 Europe HEMS market, by functionality, 2011 – 2019 (USD Million)

6.4 Asia Pacific

      6.4.1 Asia Pacific HEMS market, by technology, 2011 – 2019 (USD Million)

      6.4.2 Asia Pacific HEMS market, by functionality, 2011 – 2019 (USD Million)

6.5 RoW

      6.5.1 RoW HEMS market, by technology, 2011 – 2019 (USD Million)

      6.5.2 RoW HEMS market, by functionality, 2011 – 2019 (USD Million)

 

Chapter 7 Company Profiles

7.1 Panasonic Corporation

      7.1.1 Company overview

      7.1.2 Financial overview

      7.1.3 Business strategies

      7.1.4 Recent developments

7.2 Sharp Corporation

      7.2.1 Company overview

      7.2.2 Financial overview

      7.2.3 Business strategies

      7.2.4 Recent developments

7.3 Cisco Systems Inc.

      7.3.1 Company overview

      7.3.2 Financial overview

      7.3.3 Business strategy

      7.3.4 Recent developments

7.4 General Electric Company

      7.4.1 Company overview

      7.4.2 Financial overview

      7.4.3 Business strategy

      7.4.4 Recent developments

7.5 Intel Corporation

      7.5.1 Company overview

      7.5.2 Financial Overview

      7.5.3 Business strategies

      7.5.4 Recent developments

7.6 Honeywell International, Inc.

      7.6.1 Company overview

      7.6.2 Financial overview

      7.6.3 Business strategies

      7.6.4 Recent developments

7.7 Schneider Electric SA

      7.7.1 Company overview

      7.7.2 Financial overview

      7.7.3 Business strategy

      7.7.4 Achieving operational efficiency

      7.7.5 Maintaining and strengthening business in core competency segments

      7.7.6 Recent developments

7.8 Freescale Semiconductor Inc.

      7.8.1 Company overview

      7.8.2 Financial overview

      7.8.3 Business strategy

      7.8.4 Broadening distribution channel

      7.8.5 Recent developments

7.9 AlertMe.Com Ltd.

      7.9.1 Company overview

      7.9.2 Financial overview

      7.9.3 Business strategies

      7.9.4 Recent developments

7.10 Vivint Inc.

      7.10.1 Company overview

      7.10.2 Financial overview

      7.10.3 Business strategies

      7.10.4 Recent developments

List of Figures

 

FIG. 1 Market segmentation: Global HEMS market

FIG. 2 Global HEMS market size, by region, 2012 (USD Million)

FIG. 3 Value Chain Analysis

FIG. 4 HEMS: Porters five forces analysis

FIG. 5 Average household spending and household income in different countries

FIG. 6 Market attractiveness analysis, by geography, 2012

FIG. 7 Market share analysis, by key players 2012 (%)

FIG. 8 Global HEMS market revenue share, by functionality, 2012 and 2019 (%

FIG. 9 Control devices HEMS market revenue, 2011 - 2019 (USD Million)

FIG. 10 User Interface HEMS market revenue, 2011 - 2019 (USD Million)

FIG. 11 Enabling technologies HEMS market revenue, 2011 - 2019 (USD Million)

FIG. 12 Global HEMS market revenue share, by technology, 2012 and 2019 (%)

FIG. 13 Wi-Fi technology HEMS market revenue, 2012 - 2019 (USD Million)

FIG. 14 ZigBee technology HEMS market revenue, 2012 - 2019 (USD Million)

FIG. 15 Z-Wave technology HEMS market revenue, 2012 - 2019 (USD Million)

FIG. 16 HomePlug technology HEMS market revenue, 2012 - 2019 (USD Million)

FIG. 17 Wireless M-Bus technology HEMS market revenue, 2012 - 2019 (USD Million)

FIG. 18 Others technology HEMS market revenue, 2012 - 2019 (USD Million)

FIG. 19 Global HEMS market revenue share, by geography, 2012 and 2019 (%)

FIG. 20 North America HEMS market revenue, 2012 - 2019 (USD Million)

FIG. 21 U.S. Residential Electricity Consumption, by Applications

FIG. 22 Europe HEMS market revenue, 2012 - 2019 (USD Million)

FIG. 23 Asia Pacific HEMS market revenue, 2012 - 2019 (USD Million)

FIG. 24 RoW HEMS market revenue, 2012 - 2019 (USD Million)

FIG. 25 Panasonic Corporation, annual revenue, 2010 - 2012 (USD billion)

FIG. 26 Sharp Corporation annual revenue, 2010 - 2012 (USD billion)

FIG. 27 Cisco Systems Inc. annual revenue, 2010 - 2012 (USD billion)

FIG. 28 GE (Energy management segment) annual revenue, 2010 - 2012 (USD billion)

FIG. 29 Intel Corporation annual revenue, 2010 – 2012 (USD billion)

FIG. 30 Honeywell International Inc, net sales, 2011 – 2012 (USD billion)

FIG. 31 Schneider Electric SA annual revenue, 2009 – 2011 (USD billion)

FIG. 32 Net Sales of Freescale Semiconductor Inc., 2009 – 2011 (USD million)

List of Tables

 

TABLE 1 Snapshot: Global Home Energy Management Systems Market

TABLE 2 Impact analysis of drivers

TABLE 3 Electricity prices in Europe (2009 -2011)

TABLE 4 U.S. On-Peak and Off-Peak electricity prices

TABLE 5 Impact analysis of restraints

TABLE 6 Different levels of complexity in HEMSs

TABLE 7 Control levels for Control devices

TABLE 8 Enabling technologies

TABLE 9 Wi-Fi vs. ZigBee

TABLE 10 U.S. Construction spending by segment (USD Billion)

TABLE 11 North America HEMS market, by technology, 2011 – 2019 (USD Million)

TABLE 12 North America HEMS market, by functionality, 2011 – 2019 (USD Million)

TABLE 13 Europe HEMS market, by technology, 2011 – 2019 (USD Million)

TABLE 14 Europe HEMS market, by functionality, 2011 – 2019 (USD Million)

TABLE 15 Asia Pacific HEMS market, by technology, 2011 – 2019 (USD Million)

TABLE 16 Asia Pacific HEMS market, by functionality, 2011 – 2019 (USD Million)

TABLE 17 RoW HEMS market, by technology, 2011 – 2019 (USD Million)

TABLE 18 RoW HEMS market, by functionality, 2011 – 2019 (USD Million)

Home energy management systems (HEMS) are devices that allow home-owners to monitor and manage their electricity consumption wisely. The global home energy management system (HEMS) market is striving to meet the basic demand for a universal platform that solves the problem of interface and complexities involved in installations. Escalating electricity prices and thus growing need for optimum energy management is the major factor offering impetus for the growth of home energy management system (HEMS) market. In order to increase awareness about the cost efficiency offered by home energy management system (HEMS), the manufactures and solution providers across the globe have started employing variable pricing schemes. This has lead to the growth of home energy management system (HEMS) market, even in cost sensitive countries of Africa, Middle East and Asia Pacific. Alliance with real estate players and builders for offering home energy management systems (HEMSs) as a part of basic amenities present a sound opportunity for manufacturers as well as service providers.

 

This report provides strategic analysis of the global home energy management system (HEMS) market, and the market growth forecast for the period 2013 to 2019. The scope of the report includes competitive analysis of various market segments based on the products, technologies and in-depth cross sectional scrutiny of the home energy management system (HEMS) market across different geographic segments. To aid in strategic decision making, the report also includes competitive profiling of leading players in the industry, their market share, various business winning strategies adopted by them, and recent developments. The value chain analysis included in the report provides information on the raw material suppliers, manufacturers, service providers, and distributors of home energy management systems (HEMSs). The market attractiveness analysis and Porter’s Five Forces analysis included in the report provide insight into market dynamics, industry competition, and most profitable segments in home energy management system (HEMS) market. The home energy management system (HEMS) market is segmented on the basis of functionality, technology, and geography. On the basis of functionality, the home energy management system (HEMS) market is segmented into control devices, user interface, and enabling technologies.
 

The market revenue and forecast for functionality has been provided for the period 2011 to 2019 in terms of USD million, along with the CAGR for the forecast period 2013 to 2019. The types of technology protocols studied in the report include Wi-Fi, ZigBee, HomePlug, and Z-Wave among others. This section provides the historical revenue sales for 2011 and 2012 along with the forecast for the period 2013 to 2019. Each of these segments provides market size and forecast for the period 2012- 2019, highlighting key, influencing, and challenging factors for that segment. The regional market analysis gives in-depth analysis of the current trends prevailing in different regions including North America, Europe, Asia Pacific, and Rest of the World (RoW) countries.

 

The report also provides breakdown and review of various factors affecting the market growth, which are appropriately described as market drivers, restraints, and opportunities. These factors determine various existing trends and their impact on market growth. In all, the report includes a holistic analysis of the global HEMS market, and provides an estimate of growth for the period 2013 to 2019, keeping in mind the various factors affecting the market.

 

The global home energy management system (HEMS) market can be segmented as follows:

 

Home Energy Management System (HEMS) Market, by Functionality (Revenue)

  • Control devices
  • User Interface
  • Enabling technologies

Home Energy Management System (HEMS) Market, by Technology (Revenue)

  • Wi-Fi
  • ZigBee
  • HomePlug
  • Z-Wave
  • Others (Insteon, Wavenis, Enocean, Ethernet, and so on)

Home Energy Management System (HEMS) Market, by Geography (Revenue):

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (Latin America, Middle East and Africa)


 
 
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