The global Residential Energy Management market was valued at US$ 6320.9 million in 2022 and is projected to reach US$ 66000 million by 2029, at a CAGR of 39.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 homes heating, cooling, lighting systems and individual appliances to uncover trends in electricity use and operate devices to get maximum savings.
This report aims to provide a comprehensive presentation of the global market for Residential Energy Management, 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 Residential Energy Management. This report contains market size and forecasts of Residential Energy Management in global, including the following market information:
Global Residential Energy Management Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
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.
We surveyed the Residential Energy Management companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Residential Energy Management Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Residential Energy Management Market Segment Percentages, by Type, 2022 (%)
- Energy Management Platform (EMP)
- Energy Analytics
- Customer Engagement Platform (CEP)
Global Residential Energy Management Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Residential Energy Management Market Segment Percentages, by Application, 2022 (%)
- Smart Appliances
- Smart Meters
- Smart Thermostat
- In-House Displays
Global Residential Energy Management Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Residential Energy Management 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 Residential Energy Management revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Residential Energy Management revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Elster Group
- General Electric
- Itron
- Landis+Gyr
- Schneider Electric
- Opower
- Itron
- Aclara Technologies
- Alertme.Com
- Tendril Networks
- Comverge
- EcoFactor
- Carrier
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Residential Energy Management, market overview.
- Chapter 2: Global Residential Energy Management market size in revenue.
- Chapter 3: Detailed analysis of Residential Energy Management company competitive landscape, revenue and 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 Residential Energy Management 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: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Residential Energy Management Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Residential Energy Management Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Residential Energy Management Overall Market Size
2.1 Global Residential Energy Management Market Size: 2022 VS 2029
2.2 Global Residential Energy Management Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Residential Energy Management Players in Global Market
3.2 Top Global Residential Energy Management Companies Ranked by Revenue
3.3 Global Residential Energy Management Revenue by Companies
3.4 Top 3 and Top 5 Residential Energy Management Companies in Global Market, by Revenue in 2022
3.5 Global Companies Residential Energy Management Product Type
3.6 Tier 1, Tier 2 and Tier 3 Residential Energy Management Players in Global Market
3.6.1 List of Global Tier 1 Residential Energy Management Companies
3.6.2 List of Global Tier 2 and Tier 3 Residential Energy Management Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Residential Energy Management Market Size Markets, 2022 & 2029
4.1.2 Energy Management Platform (EMP)
4.1.3 Energy Analytics
4.1.4 Customer Engagement Platform (CEP)
4.2 By Type - Global Residential Energy Management Revenue & Forecasts
4.2.1 By Type - Global Residential Energy Management Revenue, 2018-2023
4.2.2 By Type - Global Residential Energy Management Revenue, 2024-2029
4.2.3 By Type - Global Residential Energy Management Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Residential Energy Management Market Size, 2022 & 2029
5.1.2 Smart Appliances
5.1.3 Smart Meters
5.1.4 Smart Thermostat
5.1.5 In-House Displays
5.2 By Application - Global Residential Energy Management Revenue & Forecasts
5.2.1 By Application - Global Residential Energy Management Revenue, 2018-2023
5.2.2 By Application - Global Residential Energy Management Revenue, 2024-2029
5.2.3 By Application - Global Residential Energy Management Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Residential Energy Management Market Size, 2022 & 2029
6.2 By Region - Global Residential Energy Management Revenue & Forecasts
6.2.1 By Region - Global Residential Energy Management Revenue, 2018-2023
6.2.2 By Region - Global Residential Energy Management Revenue, 2024-2029
6.2.3 By Region - Global Residential Energy Management Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Residential Energy Management Revenue, 2018-2029
6.3.2 US Residential Energy Management Market Size, 2018-2029
6.3.3 Canada Residential Energy Management Market Size, 2018-2029
6.3.4 Mexico Residential Energy Management Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Residential Energy Management Revenue, 2018-2029
6.4.2 Germany Residential Energy Management Market Size, 2018-2029
6.4.3 France Residential Energy Management Market Size, 2018-2029
6.4.4 U.K. Residential Energy Management Market Size, 2018-2029
6.4.5 Italy Residential Energy Management Market Size, 2018-2029
6.4.6 Russia Residential Energy Management Market Size, 2018-2029
6.4.7 Nordic Countries Residential Energy Management Market Size, 2018-2029
6.4.8 Benelux Residential Energy Management Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Residential Energy Management Revenue, 2018-2029
6.5.2 China Residential Energy Management Market Size, 2018-2029
6.5.3 Japan Residential Energy Management Market Size, 2018-2029
6.5.4 South Korea Residential Energy Management Market Size, 2018-2029
6.5.5 Southeast Asia Residential Energy Management Market Size, 2018-2029
6.5.6 India Residential Energy Management Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Residential Energy Management Revenue, 2018-2029
6.6.2 Brazil Residential Energy Management Market Size, 2018-2029
6.6.3 Argentina Residential Energy Management Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Residential Energy Management Revenue, 2018-2029
6.7.2 Turkey Residential Energy Management Market Size, 2018-2029
6.7.3 Israel Residential Energy Management Market Size, 2018-2029
6.7.4 Saudi Arabia Residential Energy Management Market Size, 2018-2029
6.7.5 UAE Residential Energy Management Market Size, 2018-2029
7 Residential Energy Management Companies Profiles
7.1 Elster Group
7.1.1 Elster Group Company Summary
7.1.2 Elster Group Business Overview
7.1.3 Elster Group Residential Energy Management Major Product Offerings
7.1.4 Elster Group Residential Energy Management Revenue in Global Market (2018-2023)
7.1.5 Elster Group Key News & Latest Developments
7.2 General Electric
7.2.1 General Electric Company Summary
7.2.2 General Electric Business Overview
7.2.3 General Electric Residential Energy Management Major Product Offerings
7.2.4 General Electric Residential Energy Management Revenue in Global Market (2018-2023)
7.2.5 General Electric Key News & Latest Developments
7.3 Itron
7.3.1 Itron Company Summary
7.3.2 Itron Business Overview
7.3.3 Itron Residential Energy Management Major Product Offerings
7.3.4 Itron Residential Energy Management Revenue in Global Market (2018-2023)
7.3.5 Itron Key News & Latest Developments
7.4 Landis+Gyr
7.4.1 Landis+Gyr Company Summary
7.4.2 Landis+Gyr Business Overview
7.4.3 Landis+Gyr Residential Energy Management Major Product Offerings
7.4.4 Landis+Gyr Residential Energy Management Revenue in Global Market (2018-2023)
7.4.5 Landis+Gyr Key News & Latest Developments
7.5 Schneider Electric
7.5.1 Schneider Electric Company Summary
7.5.2 Schneider Electric Business Overview
7.5.3 Schneider Electric Residential Energy Management Major Product Offerings
7.5.4 Schneider Electric Residential Energy Management Revenue in Global Market (2018-2023)
7.5.5 Schneider Electric Key News & Latest Developments
7.6 Opower
7.6.1 Opower Company Summary
7.6.2 Opower Business Overview
7.6.3 Opower Residential Energy Management Major Product Offerings
7.6.4 Opower Residential Energy Management Revenue in Global Market (2018-2023)
7.6.5 Opower Key News & Latest Developments
7.7 Itron
7.7.1 Itron Company Summary
7.7.2 Itron Business Overview
7.7.3 Itron Residential Energy Management Major Product Offerings
7.7.4 Itron Residential Energy Management Revenue in Global Market (2018-2023)
7.7.5 Itron Key News & Latest Developments
7.8 Aclara Technologies
7.8.1 Aclara Technologies Company Summary
7.8.2 Aclara Technologies Business Overview
7.8.3 Aclara Technologies Residential Energy Management Major Product Offerings
7.8.4 Aclara Technologies Residential Energy Management Revenue in Global Market (2018-2023)
7.8.5 Aclara Technologies Key News & Latest Developments
7.9 Alertme.Com
7.9.1 Alertme.Com Company Summary
7.9.2 Alertme.Com Business Overview
7.9.3 Alertme.Com Residential Energy Management Major Product Offerings
7.9.4 Alertme.Com Residential Energy Management Revenue in Global Market (2018-2023)
7.9.5 Alertme.Com Key News & Latest Developments
7.10 Tendril Networks
7.10.1 Tendril Networks Company Summary
7.10.2 Tendril Networks Business Overview
7.10.3 Tendril Networks Residential Energy Management Major Product Offerings
7.10.4 Tendril Networks Residential Energy Management Revenue in Global Market (2018-2023)
7.10.5 Tendril Networks Key News & Latest Developments
7.11 Comverge
7.11.1 Comverge Company Summary
7.11.2 Comverge Business Overview
7.11.3 Comverge Residential Energy Management Major Product Offerings
7.11.4 Comverge Residential Energy Management Revenue in Global Market (2018-2023)
7.11.5 Comverge Key News & Latest Developments
7.12 EcoFactor
7.12.1 EcoFactor Company Summary
7.12.2 EcoFactor Business Overview
7.12.3 EcoFactor Residential Energy Management Major Product Offerings
7.12.4 EcoFactor Residential Energy Management Revenue in Global Market (2018-2023)
7.12.5 EcoFactor Key News & Latest Developments
7.13 Carrier
7.13.1 Carrier Company Summary
7.13.2 Carrier Business Overview
7.13.3 Carrier Residential Energy Management Major Product Offerings
7.13.4 Carrier Residential Energy Management Revenue in Global Market (2018-2023)
7.13.5 Carrier Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Residential Energy Management Market Opportunities & Trends in Global Market
Table 2. Residential Energy Management Market Drivers in Global Market
Table 3. Residential Energy Management Market Restraints in Global Market
Table 4. Key Players of Residential Energy Management in Global Market
Table 5. Top Residential Energy Management Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Residential Energy Management Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Residential Energy Management Revenue Share by Companies, 2018-2023
Table 8. Global Companies Residential Energy Management Product Type
Table 9. List of Global Tier 1 Residential Energy Management Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Residential Energy Management Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Residential Energy Management Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Residential Energy Management Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Residential Energy Management Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Residential Energy Management Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Residential Energy Management Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Residential Energy Management Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Residential Energy Management Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Residential Energy Management Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Residential Energy Management Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Residential Energy Management Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Residential Energy Management Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Residential Energy Management Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Residential Energy Management Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Residential Energy Management Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Residential Energy Management Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Residential Energy Management Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Residential Energy Management Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Residential Energy Management Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Residential Energy Management Revenue, (US$, Mn), 2024-2029
Table 30. Elster Group Company Summary
Table 31. Elster Group Residential Energy Management Product Offerings
Table 32. Elster Group Residential Energy Management Revenue (US$, Mn) & (2018-2023)
Table 33. Elster Group Key News & Latest Developments
Table 34. General Electric Company Summary
Table 35. General Electric Residential Energy Management Product Offerings
Table 36. General Electric Residential Energy Management Revenue (US$, Mn) & (2018-2023)
Table 37. General Electric Key News & Latest Developments
Table 38. Itron Company Summary
Table 39. Itron Residential Energy Management Product Offerings
Table 40. Itron Residential Energy Management Revenue (US$, Mn) & (2018-2023)
Table 41. Itron Key News & Latest Developments
Table 42. Landis+Gyr Company Summary
Table 43. Landis+Gyr Residential Energy Management Product Offerings
Table 44. Landis+Gyr Residential Energy Management Revenue (US$, Mn) & (2018-2023)
Table 45. Landis+Gyr Key News & Latest Developments
Table 46. Schneider Electric Company Summary
Table 47. Schneider Electric Residential Energy Management Product Offerings
Table 48. Schneider Electric Residential Energy Management Revenue (US$, Mn) & (2018-2023)
Table 49. Schneider Electric Key News & Latest Developments
Table 50. Opower Company Summary
Table 51. Opower Residential Energy Management Product Offerings
Table 52. Opower Residential Energy Management Revenue (US$, Mn) & (2018-2023)
Table 53. Opower Key News & Latest Developments
Table 54. Itron Company Summary
Table 55. Itron Residential Energy Management Product Offerings
Table 56. Itron Residential Energy Management Revenue (US$, Mn) & (2018-2023)
Table 57. Itron Key News & Latest Developments
Table 58. Aclara Technologies Company Summary
Table 59. Aclara Technologies Residential Energy Management Product Offerings
Table 60. Aclara Technologies Residential Energy Management Revenue (US$, Mn) & (2018-2023)
Table 61. Aclara Technologies Key News & Latest Developments
Table 62. Alertme.Com Company Summary
Table 63. Alertme.Com Residential Energy Management Product Offerings
Table 64. Alertme.Com Residential Energy Management Revenue (US$, Mn) & (2018-2023)
Table 65. Alertme.Com Key News & Latest Developments
Table 66. Tendril Networks Company Summary
Table 67. Tendril Networks Residential Energy Management Product Offerings
Table 68. Tendril Networks Residential Energy Management Revenue (US$, Mn) & (2018-2023)
Table 69. Tendril Networks Key News & Latest Developments
Table 70. Comverge Company Summary
Table 71. Comverge Residential Energy Management Product Offerings
Table 72. Comverge Residential Energy Management Revenue (US$, Mn) & (2018-2023)
Table 73. Comverge Key News & Latest Developments
Table 74. EcoFactor Company Summary
Table 75. EcoFactor Residential Energy Management Product Offerings
Table 76. EcoFactor Residential Energy Management Revenue (US$, Mn) & (2018-2023)
Table 77. EcoFactor Key News & Latest Developments
Table 78. Carrier Company Summary
Table 79. Carrier Residential Energy Management Product Offerings
Table 80. Carrier Residential Energy Management Revenue (US$, Mn) & (2018-2023)
Table 81. Carrier Key News & Latest Developments
List of Figures
Figure 1. Residential Energy Management Segment by Type in 2022
Figure 2. Residential Energy Management Segment by Application in 2022
Figure 3. Global Residential Energy Management Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Residential Energy Management Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Residential Energy Management Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Residential Energy Management Revenue in 2022
Figure 8. By Type - Global Residential Energy Management Revenue Market Share, 2018-2029
Figure 9. By Application - Global Residential Energy Management Revenue Market Share, 2018-2029
Figure 10. By Type - Global Residential Energy Management Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Residential Energy Management Revenue Market Share, 2018-2029
Figure 12. By Application - Global Residential Energy Management Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Residential Energy Management Revenue Market Share, 2018-2029
Figure 14. By Region - Global Residential Energy Management Revenue Market Share, 2018-2029
Figure 15. By Country - North America Residential Energy Management Revenue Market Share, 2018-2029
Figure 16. US Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Residential Energy Management Revenue Market Share, 2018-2029
Figure 20. Germany Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 21. France Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Residential Energy Management Revenue Market Share, 2018-2029
Figure 28. China Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 32. India Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Residential Energy Management Revenue Market Share, 2018-2029
Figure 34. Brazil Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Residential Energy Management Revenue Market Share, 2018-2029
Figure 37. Turkey Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Residential Energy Management Revenue, (US$, Mn), 2018-2029
Figure 41. Elster Group Residential Energy Management Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. General Electric Residential Energy Management Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Itron Residential Energy Management Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Landis+Gyr Residential Energy Management Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Schneider Electric Residential Energy Management Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Opower Residential Energy Management Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Itron Residential Energy Management Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Aclara Technologies Residential Energy Management Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Alertme.Com Residential Energy Management Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Tendril Networks Residential Energy Management Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Comverge Residential Energy Management Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 52. EcoFactor Residential Energy Management Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 53. Carrier Residential Energy Management Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
