Global Home Energy Management Systems Products Market (Pre-Publication) | ReportsnReports

Global Home Energy Management Systems Products Market (Pre-Publication  

ReportsnReports.com adds SBI Market Research Report “Global Home Energy Management Systems Products Market (Pre-Publication’’ to its store. 

Home energy management systems (HEMS) products are fostering an era of sustained household energy efficiency during a time when many countries are improving their electric grid infrastructure. Consumers, however, have been generally reluctant to purchase HEMS products to monitor and reduce their energy consumption and lower their monthly electric costs. Moreover, many electric utilities are less than eager to develop energy programs and incentives for customers to use HEMS products. HEMS products manufacturers, meanwhile, have been caught in the middle of fluctuating consumer demand and the recent volatility among competitive technology suppliers. The HEMS products development landscape, SBI Energy believes, will likely flourish through 2020 as many niche suppliers of products in communications infrastructure, smart metering, and in-home energy interfaces begin to establish a stronger presence in the marketplace.
Table Of Contents
Chapter I – Executive Summary
Chapter II – Introduction
a. HEMS Defined
b.Main HEMS Components
c. In-Home Energy Displays
d. Demand Side Energy Management
e. Demand Response and Energy Management

• Time-of-Use (TOU): Pre-specified time intervals correspond to different electricity pricing plans
• Critical Peak Pricing (CPP): The process identifies increases in peak demand and communicates price changes to residents to incentivize them to reduce energy consumption
• Peak Time Rebate (PTR): Residents are given rebates on their electric bills for reducing consumption during peak periods
• Real-Time Pricing (RTP): Residents can change their energy prices based on fluctuations in the cost of electricity generation as devices are running in the home

Chapter III Market Trends
a. Demand Side Management Trends
b. Load Management Trends

• The simplest form of dynamic pricing energy management program is TOU, which defines interval-based prices for electricity. The utility defines on-peak and off-peak pricing structures, which can vary by time of day, season, and day of the week.

c. Trends in Asia

• China has implemented substantial load management programs since 2006, including shifts to TOU power pricing with significant differences between peak and off-peak prices. It is also offering customers interruptible tariffs that compensate them for voluntary demand reductions during peak periods

d. Trends in Europe

• The project “Smart Domestic Appliances in Sustainable Energy Systems (Smart-A),” is developing strategies on how smart domestic appliances can contribute to load management in future energy systems. It assesses the options for load-shifting by a variety of appliances across Europe and compares these with the requirements from energy systems both on the supra-regional and the local level.

Chapter IV Market Size
a. HEMS Installations
b. HEMS Manufacturing

• The global market for HEMS product manufacturing is currently valued at $55.6 billion, which represents a nearly 13% compound annual growth since 2006 when it was valued at $30.5 billion. Much of the market value continues to come from the manufacturing of integrated communications products, which include goods that enable the exchange of information and data between the household and the utility

c. Global Spending by Region on HEMS
d. Consumer Acceptance of HEMS
e. Smart Appliance Market
f. Long-Term HEMS Forecast
Chapter V Smart Substation Products Manufacturers
Chapter VI Market Challenges
a. Survey of Consumer Adoption of HEMS
b. HEMS Product Manufacturer Challenges
c. HEMS Technology Job Outlook
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