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City of Industry, CA -- (SBWIRE) -- 08/08/2018 -- This report presents the worldwide Residential Energy Management market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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 home's heating, cooling, lighting systems and individual appliances to uncover trends in electricity use and operate devices to get maximum savings.
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.
The Residential Energy Management market was valued at 6330 Million US$ in 2017 and is projected to reach 102400 Million US$ by 2025, at a CAGR of 41.6% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Residential Energy Management.
The following manufacturers are covered in this report:
Silver Spring Networks
Residential Energy Management Breakdown Data by Type
Energy Management Platform (EMP)
Customer Engagement Platform (CEP)
Residential Energy Management Breakdown Data by Application
Residential Energy Management Production by Region
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