The number of home energy management systems in Europe and the United States is approaching 2.8 million units in 2023.
Berg Insight has announced a new research report on the home energy management system market in Europe and North America. This report defines home energy management systems (HEMS) as systems that consist of at least a solar power generation system, a battery storage system, and a web-based management portal or smartphone app that enables remote monitoring and control of the system. Therefore, solutions that only display information and do not provide tools to manage the flow and consumption of electricity within the home are excluded. Broader HEMS also integrate backup generators, EV chargers, heat pumps, appliances, and other connected products and systems within the home. HEMS enables households to actively participate in the electricity market, reduce monthly electricity bills, and alleviate the burden on the power grid during peak demand hours. [Contents] ■ Overview ■ Communication technologies and standards ■ Solution vendors and strategies ■ Market analysis and trends
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Publisher: Berg Insights Publication Month: September 2024 Report Language: English *For more details, please visit our website or refer to the sample materials.
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Data Resource Co., Ltd. provides valuable information and analytical data for business strategy planning, including the latest market information on telecommunications, computers, electronics, energy, and automotive-related sectors worldwide, as well as competitor strategies, the development of new technologies and services, regulations, and intellectual property.
