Finance > Stock MarketHome Energy Management Systems (HEMS) Market Size to 2022
Posted by johnsonpaul in Finance on May 17th Nick Nelson Hat , 2017
According to a new market report published by Credence Research, Inc., “Home Energy Management Systems (HEMS) Market (Wi-Fi, ZigBee, Z-Wave, and Other Technologies (Insteon, X10, Wireless M-Bus, etc) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022”, the home energy management systems (HEMS) market is expected to expand at a CAGR of 22.3% from 2015 to 2022, reaching US$ 3,241.9 Mn by 2022.
Browse the full Home Energy Management Systems Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at and Market Insights
Home energy management systems (HEMS) are devices that allow home owners to control, monitor, and manage their electricity consumption optimally. The global home energy management systems (HEMS) market is currently in the budding stage of development. The industry has been determined to develop a universal platform capable of solving issues concerned with the interoperability, interface, and installation.
Competitive Insights
The global home energy management systems (HEMS) market is concentrated and technology driven. The top four home energy management system manufacturers account for over 45 percent of the global market revenue. Panasonic Corporation (Japan), Honeywell International, Inc. (the U.S.), Nest Labs, Inc. (the U.S.), General Electric Company (the U.S.), and Vivint, Inc. (the U.S.) are identified as some of the leading players in the home energy management systems (HEMS) market. Other players including Alarm (the U.S.), Ecobee (Canada), EnergyHub, Inc. (the U.S.), Comcast Cable (the U.S.), EcoFactor (U.S.), and Cisco Systems, Inc. (the U.S.) have been marked as some of the promising and emerging players in the global home energy management systems industry. The market competition is characterized by the presence of both core solution suppliers and application sub-system providers. Their approach has been to offer energy management solutions as a part of home automation products and services. The new entrants in the home energy management systems market need substantial capital investment. Furthermore, to keep pace with the technological advancements, they are required to dedicate heavy budget for research and development activities. On the contrary, favorable government regulations promoting optimum electricity consumption is expected to have positive impact on the new players entering the market. As such, the market poses moderate threat to new entrants.
Browse Here For Same Category Report : Trends
Growing interest in residential demand response and roll-out of smart utility metersIncreasing efforts by manufacturers to develop multi-featured home energy management systems capable of connecting with multiple control devices and being managed from a remote locationGrowing desire to manage electricity consumption and curb electricity bills
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BEIJING， July 20 (Xinhua) -- Gao Yu planned to take the train from Beijing to Tangshan in north China's Hebei Province on Wednesday morning. But when she arrived at Beijing West Railway Station， she found her train was among many that had been delayed due to heavy rain.
"We were told to wait until further notice，" she said. As people gathered in the station waiting room， rain leaking in through its roof， more trains were canceled.
Beijing has been hit by a heavy rainfall rarely seen in years on Wednesday， with traffic on the rails， roads and in the skies disrupted.
The capital raised its storm alert to orange， the second-highest of China's four-tier warning system， as the city's meteorological station forecast that the rain would continue until Wednesday night.
After a quick lunch， Gao returned to find station information screens largely lit up red， indicating changes to train services. A member of staff told her that the train was likely to be delayed till the evening.
While Gao waited， Wang Hui was checking for tickets for tomorrow. His train to Taiyuan， capital of Shanxi Province， was canceled. In fact， all high-speed trains to Taiyuan， which has been deluged with rain for two days， were stopped on Wednesday.
At first， Beijing West Railway Station broadcasted that passengers could return their tickets at the station and get a refund. However， due to the large number of stranded passengers， this service was temporarily stopped， and people were advised to apply for refunds later.
According to the Beijing Railway Bureau， at least 60 trains from the city have been canceled since 6 p.m. on Tuesday due to the rain and wind， while at least 13 more trains have had to retu. Cheap Hats Wholesale Jerseys China Free Shipping Cheap Shirts Cheap T-shirts Cheap NCAA Jerseys China Cheap Soccer Jerseys Cheap NHL T-shirts Cheap NFL Hoddies Cheap Baseball Hats Cheap Hats China
