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Global Residential Energy Management System (REMS) Market Outlook to 2028

Global Residential Energy Management System (REMS) Market Outlook to 2028

Market Research Reports | Q1 2024 | Report ID: BR0238
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About the Report

The rapid adoption of smart devices owing to falling prices, high adoption of smart grid and smart meters, favorable government policies and initiatives for energy efficiency, fluctuating energy prices, rapid advancement in technology further promises users reduction in energy bills and achieving greater energy efficiency are some of the few factors driving the Residential Energy Management Systems market growth.

 

Residential energy management systems (REMS) are rapidly gaining popularity worldwide as the technology behind them improves, and as small-scale solar power and battery storage become more viable. At the same time, the surge adoption of smart speakers around the world has unlocked a large potential for energy management and home automation. However, the fall in prices of these smart devices like TV, speakers, lights, and others, particularly in developing nations like India and China, will further fuel up the market in the future.

 

Several partnerships are seen to hold a strong market position. For instance, in July 2020, Trilliant Networks announced a partnership with Grid4C to deploy its AI-powered solutions to Trilliant’s smart metering platform. Utilizing Trilliant’s expanded IIOT platform for Smart Grid and Smart City solutions, the partnership will enhance Trilliant’s ability to deliver real-time intelligence and analytics across all technology layers to new and existing customers.

 

This market research report provides an overview of the competitive landscape for the Residential Energy Management System (REMS). Also, the study comprehensively analyses the Residential Energy Management Systems market by segmenting it based on geography (North America, Europe, Asia-Pacific, South America, and the Middle East & Africa).

 

The report also addresses present and future market opportunities, market trends, developments, new product launches, region, and segments poised for the fastest growth, competitive landscape, and impact of Covid-19 on the REMS market. Further, REMS market size, demand forecast, and growth rates will also be provided in the report.

  Table of Contents

1. Executive Summary

2. Research Scope and Methodology

3. Market Analysis

  • 3.1 Introduction
  • 3.2 Market Dynamics
    • 3.2.1. Drivers
    • 3.2.2 Restraints
  • 3.3 Market Trends & Developments
  • 3.4 Analysis of Covid-19 Impact
  • 3.5 Market Opportunities
  • 3.6 Market Size and Forecast

4. Industry Analysis

  • 4.1 Supply Chain Analysis
  • 4.2 Porter’s Five Forces Analysis

5. Regional Market Analysis

  • 5.1 North America
  • 5.2 Europe
  • 5.3 Asia-Pacific
  • 5.4 South America
  • 5.5 Middle East & Africa

6. Key Company Profiles

  • 6.1 Honeywell
  • 6.2 Schneider Electric
  • 6.3 Trane 
  • 6.4 Siemens 
  • 6.5 General Electric
  • 6.6 BuildingIQ
  • 6.7 Opower Incorporate
  • 6.8 Aclara Technologies
  • 6.9 Uplight
  • 6.10 Centrica

7. Competitive Landscape

  • 7.1 List of Notable Players in the Market
  • 7.2 M&A, JV, and Agreements
  • 7.3 Strategies of Key Players

8. Conclusions and Recommendations

List of Tables & Figures

Abbreviations

Additional Notes

Disclaimer

  This report helps to:-

  • Gain a deeper understanding of the impact of COVID 19 and oil & gas prices crash on the Residential Energy Management System market
  • Equip yourself with rigorous analysis and forward-looking insight into the Residential Energy Management System market across various regions
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand across various segments evolve over the next five years
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JV’s and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Who need this report?

  • Home Automation Hardware OEM’s
  • EM Software Developers
  • EM Service Providers
  • Investor Community
  • Financing Companies
  • Government Bodies & Industry Organizations
  • Others

  What's included

Report - Global REMS Market Outlook to 2028.pdf
Market Data - Global REMS Market Outlook to 2028.xls

  Why buy this report?

  • Gain a deeper understanding of the impact of Covid-19 on the <Global Residential Energy Management System (REMS) Market>.
  • Equip yourself with rigorous analysis and forward-looking insights into the <Global Residential Energy Management System (REMS) Market> across multiple regions.
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
  • Assess market size data and forecasts to understand how the demand across various segments evolves over the next few years.
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

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