A HEMS allows homeowners to monitor and reduce the energy consumption of electrical and electronic devices at home and hence to conserve energy. With HEMS, energy consumption can easily be monitored by using cellphones, tablets, or other communicating devices. It can also help in power management by tracking real-time energy consumption and comparing it with the historical data of many electronic devices. HEMS helps in improving the communication between communications devices and consumer.
Analysts forecast the Global HEMS Market to grow at a CAGR of 26.7 percent over the period 2013-2018.
In terms of products, the Global HEMS market can be segmented into five: Lighting Controls, Self-monitoring Systems and Services, Programmable Communicating Thermostats, Intelligent HVAC Controllers, and Advance Central Controllers.
The Global HEMS Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global HEMS market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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- Cisco Systems
- Freescale Semiconductor
- Honeywell International
- Schneider Electric
Other Prominent Vendors
- Aclara Technologies
- Ambient Devices
- Icontrol Networks
- Nest Labs
- Savant Systems
- Increased Need to Save Energy
- High Initial Investment
- Increased Usage of Computer-based Systems in Residential Sector
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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