Report overview
A home energy monitor provides feedback on electrical energy use. Devices may also display cost of energy used, and estimates of greenhouse gas emissions. Various studies have shown a reduction in home energy use of 4-15% through use of home energy display.
Electricity use may be measured with an inductive clamp placed around the electric main, via the electric meter (either through an optical port, or by sensing the meters actions), by communicating with a smart meter, or by direct connection to the electrical system. The display portion may be remote from the measurement, communicating with the sensor using a cable, network, power line communications, or using radio. Online displays are also available which allow the user to use an internet connected display to show near real-time consumption.
This report aims to provide a comprehensive presentation of the global market for Home Energy Monitor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Home Energy Monitor. This report contains market size and forecasts of Home Energy Monitor in global, including the following market information:
Global Home Energy Monitor Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Home Energy Monitor Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Home Energy Monitor companies in 2022 (%)
The global Home Energy Monitor market was valued at US$ 211.3 million in 2022 and is projected to reach US$ 381.5 million by 2029, at a CAGR of 8.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Home Energy Monitor is mainly classified into the two types: solar ready type, non-solar ready type. Non-solar ready type is the most widely used type which takes up about 53% of the total sales volume in 2019.
North America is the largest region of Home Energy Monitor in the world. North America market took up over 42% the global Home Energy Monitor revenue market in 2019, while Europe and Asia-Pacific were about 41% and about 10%.
Sense, Schneider Electric, Efergy, OWL Intuition Ltd, Curb, Smappee, Neurio, Aeotec, CurrentCost, Emporia Energy, etc. are the key suppliers in the global Home Energy Monitor market. Top five took up more than 39% of the global market share in 2019.
We surveyed the Home Energy Monitor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Home Energy Monitor Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Home Energy Monitor Market Segment Percentages, by Type, 2022 (%)
Solar Ready Type
Non Solar Ready Type
Global Home Energy Monitor Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Home Energy Monitor Market Segment Percentages, by Application, 2022 (%)
Offline Sales
Online Sales
Global Home Energy Monitor Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Home Energy Monitor Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Home Energy Monitor revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Home Energy Monitor revenues share in global market, 2022 (%)
Key companies Home Energy Monitor sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Home Energy Monitor sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sense
Schneider Electric
Efergy
OWL Intuition Ltd
Curb
Smappee
Neurio
Aeotec
Current Cost
Emporia Energy
Rainforest Automation
Eyedro
Blue Line Innovations
Outline of Major Chapters:
Chapter 1: Introduces the definition of Home Energy Monitor, market overview.
Chapter 2: Global Home Energy Monitor market size in revenue and volume.
Chapter 3: Detailed analysis of Home Energy Monitor manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Home Energy Monitor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Home Energy Monitor capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.