The Europe Home Energy Management Market would witness market growth of 18.83% CAGR during the forecast period (2021-2027).
Home energy management system emerged as the crucial components of smart grid and smart homes. With the help of these systems, a homeowner can completely control different aspects of their homes remotely. It offers a blend of control, scheduling, and user information. Home energy management systems facilitate the customers to modify their pattern of energy consumption on the basis of the received details of the consumption through these systems.
These systems also have the ability to support demand-response of the utility and decrease peak demand. There is a total of four aspects home energy management systems focus on comprising electricity, solar photovoltaic, solar thermal, and battery storage. Some home management systems have the ability to work on all of the aspects while some work on one or two of them.
Europe is a region with a variety of aspects and potentials to drive up the demand of the home energy management systems in the region due to the significant production of smart meters in respective countries. The government of UK has increased its focus on rolling out initiatives with the goal of reducing the emission of greenhouse gases by rapidly installing smart meters across the country. Moreover, Germany is also focused on following a resembling strategy as of the above-mentioned countries. Therefore, these factors would boost the growth and demand for home energy management solutions in the regional market during the forecast period.
The Germany market dominated the Europe Home Energy Management Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $458.9 million by 2027. The UK market is anticipated to grow at a CAGR of 17.7% during (2021 - 2027). Additionally, The France market would showcase CAGR of 20.3% during (2021 - 2027)
Based on Product Type, the market is segmented into Lighting Controls, Programmable Communicating Thermostats, Advanced Central Controllers, Intelligent HVAC Controllers, and Self-Monitoring Systems and Services. Based on Technology, the market is segmented into Ethernet, Z-Wave, ZigBee, Wi-Fi, and Other technologies. Based on Offering, the market is segmented into Software, Services, and Hardware. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Home Energy Management Market Size will Hit $7,157.36 million by 2027, at a CAGR of 19.70%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Schneider Electric SE, General Electric (GE) Co., Intel Corporation, Honeywell International, Inc., Panasonic Corporation, Google LLC, Comcast Corporation, Vivint Smart Home, Inc., Alarm.com Holdings, Inc., and Generac Holdings, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Lighting Controls
- Programmable Communicating Thermostats
- Advanced Central Controllers
- Intelligent HVAC Controllers
- Self-Monitoring Systems and Services
By Technology
- Ethernet
- Z-Wave
- ZigBee
- Wi-Fi
- Other technologies
By Offering
- Software
- Services
- Hardware
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Schneider Electric SE
- General Electric (GE) Co.
- Intel Corporation
- Honeywell International, Inc.
- Panasonic Corporation
- Google LLC
- Comcast Corporation
- Vivint Smart Home, Inc.
- Alarm.com Holdings, Inc.
- Generac Holdings, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Home Energy Management Market, by Product Type
1.4.2 Europe Home Energy Management Market, by Technology
1.4.3 Europe Home Energy Management Market, by Offering
1.4.4 Europe Home Energy Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, Jan – 2021, Jul) Leading Players
Chapter 4. Europe Home Energy Management Market by Product Type
4.1 Europe Lighting Controls Market by Country
4.2 Europe Programmable Communicating Thermostats Market by Country
4.3 Europe Advanced Central Controllers Market by Country
4.4 Europe Intelligent HVAC Controllers Market by Country
4.5 Europe Self-Monitoring Systems and Services Market by Country
Chapter 5. Europe Home Energy Management Market by Technology
5.1 Europe Ethernet Market by Country
5.2 Europe Z-Wave Market by Country
5.3 Europe ZigBee Market by Country
5.4 Europe Wi-Fi Market by Country
5.5 Europe Other Technologies Market by Country
Chapter 6. Europe Home Energy Management Market by Offering
6.1 Europe Software Market by Country
6.2 Europe Services Market by Country
6.3 Europe Hardware Market by Country
Chapter 7. Europe Home Energy Management Market by Country
7.1 Germany Home Energy Management Market
7.1.1 Germany Home Energy Management Market by Product Type
7.1.2 Germany Home Energy Management Market by Technology
7.1.3 Germany Home Energy Management Market by Offering
7.2 UK Home Energy Management Market
7.2.1 UK Home Energy Management Market by Product Type
7.2.2 UK Home Energy Management Market by Technology
7.2.3 UK Home Energy Management Market by Offering
7.3 France Home Energy Management Market
7.3.1 France Home Energy Management Market by Product Type
7.3.2 France Home Energy Management Market by Technology
7.3.3 France Home Energy Management Market by Offering
7.4 Russia Home Energy Management Market
7.4.1 Russia Home Energy Management Market by Product Type
7.4.2 Russia Home Energy Management Market by Technology
7.4.3 Russia Home Energy Management Market by Offering
7.5 Spain Home Energy Management Market
7.5.1 Spain Home Energy Management Market by Product Type
7.5.2 Spain Home Energy Management Market by Technology
7.5.3 Spain Home Energy Management Market by Offering
7.6 Italy Home Energy Management Market
7.6.1 Italy Home Energy Management Market by Product Type
7.6.2 Italy Home Energy Management Market by Technology
7.6.3 Italy Home Energy Management Market by Offering
7.7 Rest of Europe Home Energy Management Market
7.7.1 Rest of Europe Home Energy Management Market by Product Type
7.7.2 Rest of Europe Home Energy Management Market by Technology
7.7.3 Rest of Europe Home Energy Management Market by Offering
Chapter 8. Company Profiles
8.1 Schneider Electric SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental And Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 General Electric (GE) Co.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Intel Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 SWOT Analysis
8.4 Honeywell International, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Partnerships, Collaboration, and Agreements:
8.4.6 SWOT Analysis
8.5 Panasonic Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.6 SWOT Analysis
8.6 Google LLC
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Comcast Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.7.4.2 Product launches and Product Expansions:
8.8 Vivint Smart Home, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Partnerships, Collaborations, and Agreements:
8.9 Alarm.com Holdings, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansion:
8.10. Generac Holdings, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.5.2 Acquisitions and Mergers:
8.10.5.3 Product Launches and Product Expansions:
TABLE 1 Europe Home Energy Management Market, 2017 - 2020, USD Million
TABLE 2 Europe Home Energy Management Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Home Energy Management Market
TABLE 4 Product Launches And Product Expansions– Home Energy Management Market
TABLE 5 Acquisition and Mergers– Home Energy Management Market
TABLE 6 Europe Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 7 Europe Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 8 Europe Lighting Controls Market by Country, 2017 - 2020, USD Million
TABLE 9 Europe Lighting Controls Market by Country, 2021 - 2027, USD Million
TABLE 10 Europe Programmable Communicating Thermostats Market by Country, 2017 - 2020, USD Million
TABLE 11 Europe Programmable Communicating Thermostats Market by Country, 2021 - 2027, USD Million
TABLE 12 Europe Advanced Central Controllers Market by Country, 2017 - 2020, USD Million
TABLE 13 Europe Advanced Central Controllers Market by Country, 2021 - 2027, USD Million
TABLE 14 Europe Intelligent HVAC Controllers Market by Country, 2017 - 2020, USD Million
TABLE 15 Europe Intelligent HVAC Controllers Market by Country, 2021 - 2027, USD Million
TABLE 16 Europe Self-Monitoring Systems and Services Market by Country, 2017 - 2020, USD Million
TABLE 17 Europe Self-Monitoring Systems and Services Market by Country, 2021 - 2027, USD Million
TABLE 18 Europe Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 19 Europe Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 20 Europe Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 21 Europe Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 22 Europe Z-Wave Market by Country, 2017 - 2020, USD Million
TABLE 23 Europe Z-Wave Market by Country, 2021 - 2027, USD Million
TABLE 24 Europe ZigBee Market by Country, 2017 - 2020, USD Million
TABLE 25 Europe ZigBee Market by Country, 2021 - 2027, USD Million
TABLE 26 Europe Wi-Fi Market by Country, 2017 - 2020, USD Million
TABLE 27 Europe Wi-Fi Market by Country, 2021 - 2027, USD Million
TABLE 28 Europe Other Technologies Market by Country, 2017 - 2020, USD Million
TABLE 29 Europe Other Technologies Market by Country, 2021 - 2027, USD Million
TABLE 30 Europe Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 31 Europe Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 32 Europe Software Market by Country, 2017 - 2020, USD Million
TABLE 33 Europe Software Market by Country, 2021 - 2027, USD Million
TABLE 34 Europe Services Market by Country, 2017 - 2020, USD Million
TABLE 35 Europe Services Market by Country, 2021 - 2027, USD Million
TABLE 36 Europe Hardware Market by Country, 2017 - 2020, USD Million
TABLE 37 Europe Hardware Market by Country, 2021 - 2027, USD Million
TABLE 38 Europe Home Energy Management Market by Country, 2017 - 2020, USD Million
TABLE 39 Europe Home Energy Management Market by Country, 2021 - 2027, USD Million
TABLE 40 Germany Home Energy Management Market, 2017 - 2020, USD Million
TABLE 41 Germany Home Energy Management Market, 2021 - 2027, USD Million
TABLE 42 Germany Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 43 Germany Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 44 Germany Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 45 Germany Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 46 Germany Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 47 Germany Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 48 UK Home Energy Management Market, 2017 - 2020, USD Million
TABLE 49 UK Home Energy Management Market, 2021 - 2027, USD Million
TABLE 50 UK Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 51 UK Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 52 UK Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 53 UK Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 54 UK Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 55 UK Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 56 France Home Energy Management Market, 2017 - 2020, USD Million
TABLE 57 France Home Energy Management Market, 2021 - 2027, USD Million
TABLE 58 France Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 59 France Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 60 France Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 61 France Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 62 France Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 63 France Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 64 Russia Home Energy Management Market, 2017 - 2020, USD Million
TABLE 65 Russia Home Energy Management Market, 2021 - 2027, USD Million
TABLE 66 Russia Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 67 Russia Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 68 Russia Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 69 Russia Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 70 Russia Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 71 Russia Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 72 Spain Home Energy Management Market, 2017 - 2020, USD Million
TABLE 73 Spain Home Energy Management Market, 2021 - 2027, USD Million
TABLE 74 Spain Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 75 Spain Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 76 Spain Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 77 Spain Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 78 Spain Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 79 Spain Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 80 Italy Home Energy Management Market, 2017 - 2020, USD Million
TABLE 81 Italy Home Energy Management Market, 2021 - 2027, USD Million
TABLE 82 Italy Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 83 Italy Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 84 Italy Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 85 Italy Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 86 Italy Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 87 Italy Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 88 Rest of Europe Home Energy Management Market, 2017 - 2020, USD Million
TABLE 89 Rest of Europe Home Energy Management Market, 2021 - 2027, USD Million
TABLE 90 Rest of Europe Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 91 Rest of Europe Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 92 Rest of Europe Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 93 Rest of Europe Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 94 Rest of Europe Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 95 Rest of Europe Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 96 Key information – Schneider Electric SE
TABLE 97 Key Information – General Electric (GE) Co.
TABLE 98 Key Information – Intel Corporation
TABLE 99 Key information – Honeywell International, Inc.
TABLE 100 Key Information – Panasonic Corporation
TABLE 101 Key Information – Google LLC
TABLE 102 key information – Comcast Corporation
TABLE 103 Key information –Vivint Smart Home, Inc.
TABLE 104 Key Information – Alarm.com Holdings, inc.
TABLE 105 Key Information – Generac Holdings, INC.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, Jan – 2021, Jul) Leading Players
FIG 5 Recent strategies and developments: Schneider Electric SE
FIG 6 Swot analysis: Schneider Electric SE
FIG 7 Swot analysis: General electric (GE) Co.
FIG 8 SWOT analysis: Intel corporation
FIG 9 Swot analysis: Honeywell international, inc.
FIG 10 SWOT Analysis: Panasonic Corporation
FIG 11 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 12 Recent strategies and developments: Comcast Corporation
FIG 13 Recent strategies and developments: Alarm.com Holdings, Inc.
FIG 14 Recent strategies and developments: Generac Holdings, Inc.