The Latin America, Middle East and Africa Home Energy Management Market would witness market growth of 20.44% CAGR during the forecast period (2021-2027).
The electricity monitor and control feature of the home energy management system gives the ability to the users to monitor that what the connected devices are doing in real-time and allows them to remotely access the operation of the device to turn it on & off. Moreover, these systems provide modification options such as increasing or decreasing the temperature or setting up the frequency of light to dim or brighten them. Additionally, it ensures the efficient utilization of energy to save expenses on electricity bills.
The solar thermal characteristic of the home energy management system refers to a feature that heats water in the home in which the system is installed by using solar energy through solar panels. Solar thermals are the most automated equipment in home energy management in comparison to all other electrical devices in the home.
The Middle East is continuously making enhancements in its energy consumption as well as the efficiency with the help of sustainable development practices. For instance, Dubai has launched energy strategy 203 intending to more efficiently manage the usage of energy. With this initiative, the country is aiming toward eliminating major carbon emissions in the coming years.
In addition, Saudi Arabia is also appreciating efforts for clean, practical, and energy-effective development and evolutions across the region. Moreover, the country is constantly working on improving its energy efficiency and conducting energy management programs. For example, Argentine Confederation of Medium sized Enterprises (CAME) conducted the Workshop Network Learning Networks in energy management systems. Hence, these aspects are expected to drive the growth of the home energy management in the regional market.
The Brazil market dominated the LAMEA Home Energy Management Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $125.9 million by 2027. The Argentina market is poised to grow at a CAGR of 21.1% during (2021 - 2027). Additionally, The UAE market would experience a CAGR of 19.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Home Energy Management Market is Predict to reach $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
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Home Energy Management Market, by Product Type
1.4.2 LAMEA Home Energy Management Market, by Technology
1.4.3 LAMEA Home Energy Management Market, by Offering
1.4.4 LAMEA 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. LAMEA Home Energy Management Market by Product Type
4.1 LAMEA Lighting Controls Market by Country
4.2 LAMEA Programmable Communicating Thermostats Market by Country
4.3 LAMEA Advanced Central Controllers Market by Country
4.4 LAMEA Intelligent HVAC Controllers Market by Country
4.5 LAMEA Self-Monitoring Systems and Services Market by Country
Chapter 5. LAMEA Home Energy Management Market by Technology
5.1 LAMEA Ethernet Market by Country
5.2 LAMEA Z-Wave Market by Country
5.3 LAMEA ZigBee Market by Country
5.4 LAMEA Wi-Fi Market by Country
5.5 LAMEA Other Technologies Market by Country
Chapter 6. LAMEA Home Energy Management Market by Offering
6.1 LAMEA Software Market by Country
6.2 LAMEA Services Market by Country
6.3 LAMEA Hardware Market by Country
Chapter 7. LAMEA Home Energy Management Market by Country
7.1 Brazil Home Energy Management Market
7.1.1 Brazil Home Energy Management Market by Product Type
7.1.2 Brazil Home Energy Management Market by Technology
7.1.3 Brazil Home Energy Management Market by Offering
7.2 Argentina Home Energy Management Market
7.2.1 Argentina Home Energy Management Market by Product Type
7.2.2 Argentina Home Energy Management Market by Technology
7.2.3 Argentina Home Energy Management Market by Offering
7.3 UAE Home Energy Management Market
7.3.1 UAE Home Energy Management Market by Product Type
7.3.2 UAE Home Energy Management Market by Technology
7.3.3 UAE Home Energy Management Market by Offering
7.4 Saudi Arabia Home Energy Management Market
7.4.1 Saudi Arabia Home Energy Management Market by Product Type
7.4.2 Saudi Arabia Home Energy Management Market by Technology
7.4.3 Saudi Arabia Home Energy Management Market by Offering
7.5 South Africa Home Energy Management Market
7.5.1 South Africa Home Energy Management Market by Product Type
7.5.2 South Africa Home Energy Management Market by Technology
7.5.3 South Africa Home Energy Management Market by Offering
7.6 Nigeria Home Energy Management Market
7.6.1 Nigeria Home Energy Management Market by Product Type
7.6.2 Nigeria Home Energy Management Market by Technology
7.6.3 Nigeria Home Energy Management Market by Offering
7.7 Rest of LAMEA Home Energy Management Market
7.7.1 Rest of LAMEA Home Energy Management Market by Product Type
7.7.2 Rest of LAMEA Home Energy Management Market by Technology
7.7.3 Rest of LAMEA 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 LAMEA Home Energy Management Market, 2017 - 2020, USD Million
TABLE 2 LAMEA 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 LAMEA Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 7 LAMEA Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 8 LAMEA Lighting Controls Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Lighting Controls Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Programmable Communicating Thermostats Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Programmable Communicating Thermostats Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Advanced Central Controllers Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA Advanced Central Controllers Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Intelligent HVAC Controllers Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA Intelligent HVAC Controllers Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA Self-Monitoring Systems and Services Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Self-Monitoring Systems and Services Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 19 LAMEA Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 20 LAMEA Ethernet Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Ethernet Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Z-Wave Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Z-Wave Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA ZigBee Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA ZigBee Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA Wi-Fi Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Wi-Fi Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Other Technologies Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Other Technologies Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 31 LAMEA Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 32 LAMEA Software Market by Country, 2017 - 2020, USD Million
TABLE 33 LAMEA Software Market by Country, 2021 - 2027, USD Million
TABLE 34 LAMEA Services Market by Country, 2017 - 2020, USD Million
TABLE 35 LAMEA Services Market by Country, 2021 - 2027, USD Million
TABLE 36 LAMEA Hardware Market by Country, 2017 - 2020, USD Million
TABLE 37 LAMEA Hardware Market by Country, 2021 - 2027, USD Million
TABLE 38 LAMEA Home Energy Management Market by Country, 2017 - 2020, USD Million
TABLE 39 LAMEA Home Energy Management Market by Country, 2021 - 2027, USD Million
TABLE 40 Brazil Home Energy Management Market, 2017 - 2020, USD Million
TABLE 41 Brazil Home Energy Management Market, 2021 - 2027, USD Million
TABLE 42 Brazil Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 43 Brazil Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 44 Brazil Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 45 Brazil Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 46 Brazil Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 47 Brazil Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 48 Argentina Home Energy Management Market, 2017 - 2020, USD Million
TABLE 49 Argentina Home Energy Management Market, 2021 - 2027, USD Million
TABLE 50 Argentina Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 51 Argentina Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 52 Argentina Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 53 Argentina Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 54 Argentina Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 55 Argentina Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 56 UAE Home Energy Management Market, 2017 - 2020, USD Million
TABLE 57 UAE Home Energy Management Market, 2021 - 2027, USD Million
TABLE 58 UAE Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 59 UAE Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 60 UAE Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 61 UAE Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 62 UAE Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 63 UAE Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 64 Saudi Arabia Home Energy Management Market, 2017 - 2020, USD Million
TABLE 65 Saudi Arabia Home Energy Management Market, 2021 - 2027, USD Million
TABLE 66 Saudi Arabia Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 67 Saudi Arabia Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 68 Saudi Arabia Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 69 Saudi Arabia Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 70 Saudi Arabia Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 71 Saudi Arabia Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 72 South Africa Home Energy Management Market, 2017 - 2020, USD Million
TABLE 73 South Africa Home Energy Management Market, 2021 - 2027, USD Million
TABLE 74 South Africa Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 75 South Africa Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 76 South Africa Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 77 South Africa Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 78 South Africa Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 79 South Africa Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 80 Nigeria Home Energy Management Market, 2017 - 2020, USD Million
TABLE 81 Nigeria Home Energy Management Market, 2021 - 2027, USD Million
TABLE 82 Nigeria Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 83 Nigeria Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 84 Nigeria Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 85 Nigeria Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 86 Nigeria Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 87 Nigeria Home Energy Management Market by Offering, 2021 - 2027, USD Million
TABLE 88 Rest of LAMEA Home Energy Management Market, 2017 - 2020, USD Million
TABLE 89 Rest of LAMEA Home Energy Management Market, 2021 - 2027, USD Million
TABLE 90 Rest of LAMEA Home Energy Management Market by Product Type, 2017 - 2020, USD Million
TABLE 91 Rest of LAMEA Home Energy Management Market by Product Type, 2021 - 2027, USD Million
TABLE 92 Rest of LAMEA Home Energy Management Market by Technology, 2017 - 2020, USD Million
TABLE 93 Rest of LAMEA Home Energy Management Market by Technology, 2021 - 2027, USD Million
TABLE 94 Rest of LAMEA Home Energy Management Market by Offering, 2017 - 2020, USD Million
TABLE 95 Rest of LAMEA 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.