Global HEM System Market to see 26.7% CAGR to 2018, Forecasts a New Research Report

DALLAS, October 12, 2014 /PRNewswire/ --

SandlerResearch.org adds Global Home Energy Management System (HEMS) Market 2014-2018, a 98 pages research report in its store. One of the major trends in the market is the increased usage of computer-based systems in residential buildings to enhance productivity and reduce overall operational costs. Complete report is available at http://www.sandlerresearch.org/global-home-energy-management-system-hems-market-2014-2018.html .

Analysts forecast the Global Home Energy Management System (HEMS) market to grow at a CAGR of 26.7 percent over the period 2013-2018. According to the report, increased need for saving energy is one of the major drivers of market growth. HEMS include various products and components that enable homeowners to track and monitor their energy consumption level, which helps reduce and manage the energy consumption in any residential building.

An 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 cell phones, 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.

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.

This HEMS market report recognizes the following companies as the key players in the Global Home Energy Management System (HEMS) Market: AlertMe.com Ltd., Cisco Systems Inc., Freescale Semiconductor Inc., GE Co., Honeywell International Inc., Intel Corp., Panasonic Corp. and Schneider Electric SA. Other Prominent Vendors in the market are: Aclara Technologies, Alarm.com, Ambient Devices, EcoFactor, Energate, Icontrol Networks, Nest Labs, Savant Systems, Trilliant and Zonoff. Order a copy of this report at (Prices start at US $2500 for a single user PDF) http://www.sandlerresearch.org/purchase?rname=25203.

Further, the report states that one of the major challenges in this market is the need for a high level of initial investment. The initial cost of the installation of a HEM product is high because of the high cost involved in the integration of HEM products with other devices. These products are highly specialized, which increases the cost.

Key Questions Answered in this HEMS market 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?

Table of Contents for Global Home Energy Management System (HEMS) Market 2014-2018 cover: 

01. Executive Summary 

02. List of Abbreviations 

03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings

04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology

05. Introduction 

06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis

07. Market Segmentation by Product
07.1 Global HEMS Market by Product 2013-2018
07.2 Global HEMS Segmentation by Product 2018
07.3 Global HEM Lighting Controls Market
07.3.1 Market Size and Forecast
07.4 Global HEM Self-monitoring Systems and Services Market
07.4.1 Market Size and Forecast
07.5 Global HEM Programmable Communicating Thermostats Market
07.5.1 Market Size and Forecast
07.6 Global HEM Intelligent HVAC Controllers Market
07.6.1 Market Size and Forecast
07.7 Global HEM Advanced Central Controllers Market
07.7.1 Market Size and Forecast

08. Geographical Segmentation
08.1 Global HEMS Market by Geographical Segmentation 2013-2018
08.2 HEMS Market in the Americas
08.2.1 Market Size and Forecast
08.3 HEMS Market in the EMEA Region
08.3.1 Market Size and Forecast
08.4 HEMS Market in the APAC Region
08.4.1 Market Size and Forecast

09. Key Leading Countries
09.1 US
09.2 UK

10. Buying Criteria 

11. Market Growth Drivers 

12. Drivers and their Impact 

13. Market Challenges 

14. Impact of Drivers and Challenges 

15. Market Trends 

16. Trends and their Impact 

17. Vendor Landscape
17.1 Competitive Scenario
17.1.1 Key News
17.2 Other Prominent Vendors

18. Key Vendor Analysis 

19. Other Reports in this Series 

40 - List of Exhibits 

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SOURCE Sandler Research