The home energy management market has been in development for years, but mass-market adoption is not yet widespread. There are many industries that could contribute to a solution for the mass market that drives customer control, increased conservation, and reduced cost. This industry report profiles developing products and services that intersect as parts of a complete solution for both the connected consumer and infrastructure providers. Various perspectives are considered on the leading edge of home energy management systems (HEMS), providing the reader with viewpoints that indicate where the ecosystem is headed. The opportunities of working in tandem are explored, and challenges to cooperation are noted.
This report is designed for executives of companies in the residential technology space. Various industry perspectives captured in this report illustrate recent history, current opportunities, and continued evolution over the next five years. By looking at how other leaders across the residential technology landscape approach the problem, the informed reader can develop clearer pathways to provide unique solutions, disrupt, and differentiate.
Residential customers today see energy as a commodity, a necessary expense that varies only under extreme conditions. Companies that succeed in driving consumer value will build a customer facing solution that solves problems, educates, adds financial value, and deepens the customer relationship. Today, energy management is not the driver of the connected home. The changing environment of energy production is an eventuality, and companies who are ahead of the curve can profit when this value-added service becomes a revenue generator.
Key Questions Addressed:
- What are the challenges to mass-market adoption of connected home energy management systems?
- What does the energy managed home of the future look like?
- How are smart products and data analytics changing the home energy management landscape?
- How will the trends in residential solar energy and storage markets effect the energy market?
- How will home energy management systems evolve as distributed generation adoption increases?
- How will monetization models change to take advantage of market opportunities?
- What are the competitive advantages for different channels with potential home energy management systems or solutions?
Key Topics Covered:
1.0 Report Summary
2.0 Consumer Drivers of Energy Management
2.1 Conservation / Energy Independence
2.2 Cost Avoidance / Return on Investment
2.3 Convenience, Protection and Comfort
3.0 Technology and Policy Drivers of Energy Management
3.2 Energy Modeling
3.3 Solar Technology
3.4 Distributed Generation Policy
3.5 Battery Storage Technology
4.0 Business Model Drivers of Energy Management
4.1 Utility Demand Response Programs
4.2 Pricing-Based Demand Response
4.3 Energy Market Participation
5.0 Industry Drivers of Home Energy Management
5.1 Energy Utilities
5.2 Retail Energy Providers
5.3 Smart Home / Security Providers
5.4 Smart Thermostat Manufacturers
5.5 Distributed Generation and Storage Industry
5.6 Comprehensive Energy Management System Integrators
6.0 Evolution of Home Energy Management Solutions
7.1 Forecast Methodology and Assumptions
8.0 Implications and Recommendations
For more information visit http://www.researchandmarkets.com/research/wn757x/the_evolution_of