The Home Energy Management Systems Market - 2nd Edition

1.1 Home Energy Management Systems (HEMS)
1.1.1 Solar PV panels
1.1.2 Inverters and power optimizers
1.1.3 Battery storage systems
1.1.4 Smart electrical panels, load controllers and energy managers
1.1.5 EV chargers
1.1.6 Heat pumps and home appliances
1.1.7 Smart meters and dynamic electricity pricing
1.1.8 Management portal and smartphone app
1.1.9 Levelized Cost of Energy (LCOE)
1.1.10 Value chain
1.2 The electricity market
1.2.1 Europe
1.2.2 North America
1.2.3 Smart grids
1.3 Solar power generation
1.3.1 Residential solar PV system installations
1.4 Market drivers for HEMS
1.4.1 Government subsidies and incentives
1.4.2 Net metering and feed-in-tariffs
1.4.3 Load management, demand response and VPP programmes
1.4.4 Rising electricity prices
1.4.5 Declining costs of solar PV and battery storage solutions
1.4.6 Grid independence and power outage protection
1.4.7 Growth of EVs and electrical heating systems

2.1 3GPP cellular and LPWA technologies
2.1.1 2G/3G/4G/5G cellular technologies and IoT
2.1.2 LoRa and LoRaWAN
2.1.3 Sigfox
2.2 Home networking technologies and standards
2.2.1 Bluetooth
2.2.2 EEBus
2.2.3 EnOcean
2.2.4 Home Connectivity Alliance (HCA)
2.2.5 KNX
2.2.6 Matter
2.2.7 Modbus
2.2.8 Open Charge Point Protocol (OCPP)
2.2.9 Open Connectivity Foundation (OCF)
2.2.10 OpenTherm
2.2.11 SG-Ready
2.2.12 SunSpec
2.2.13 Thread
2.2.14 Wi-Fi
2.2.15 Zigbee
2.2.16 Z-Wave

3.1 Inverter and complete home energy management system providers
3.1.1 APsystems (Yuneng Technology)
3.1.2 Bluetti Power (PowerOak NewEner)
3.1.3 Briggs & Stratton Energy Solutions
3.1.4 Canadian Solar
3.1.5 E3/DC (Hager Group)
3.1.6 Eaton
3.1.7 EcoFlow
3.1.8 Eguana Technologies
3.1.9 Enphase Energy
3.1.10 Ferroamp
3.1.11 Fimer (McLaren Applied)
3.1.12 Fortress Power
3.1.13 FranklinWH Energy Storage
3.1.14 Fronius
3.1.15 Generac
3.1.16 GivEnergy
3.1.17 GoodWe
3.1.18 Growatt New Energy
3.1.19 Hanwha Qcells
3.1.20 Huawei
3.1.21 JinkoSolar
3.1.22 Kostal
3.1.23 LG Energy Solution
3.1.24 Lunar Energy
3.1.25 Myenergi
3.1.26 Panasonic
3.1.27 Pixii
3.1.28 Polarium Energy Solutions
3.1.29 Powervault
3.1.30 Savant Systems
3.1.31 Schneider Electric
3.1.32 Senec (EnBW)
3.1.33 SMA Solar Technology
3.1.34 SolarEdge
3.1.35 Sol-Ark
3.1.36 Sonnen (Shell)
3.1.37 Sungrow Power Supply
3.1.38 Tesla
3.1.39 Tigo Energy
3.1.40 Viessmann Climate Solutions (Carrier)
3.2 Battery storage specialists
3.2.1 BYD Electronic
3.2.2 Pylon Technologies
3.2.3 Samsung SDI
3.2.4 Solarwatt
3.2.5 Varta
3.3 Smart electrical panel and load control device providers
3.3.1 Legrand
3.3.2 Leviton
3.3.3 Lumin
3.3.4 SPAN
3.3.5 Smappee
3.4 HEMS platform providers and integrators
3.4.1 Alarm.com
3.4.2 Enode
3.4.3 Enpal
3.4.4 GridX (E.ON)
3.4.5 Homey (LG Electronics)
3.4.6 Kiwigrid
3.4.7 myGEKKO (Ekon)
3.4.8 Tibber
3.4.9 Tiko Energy Solutions (Engie)

4.1 Market forecasts
4.2 Value chain analysis
4.2.1 Leading home energy management system providers
4.2.2 Other companies entering the HEMS market
4.3 Trends
4.3.1 Reduced net metering rates increases demand for battery storage systems
4.3.2 Virtual power plants to become more powerful as more DERs are connected
4.3.3 EV batteries to be used for home backup power
4.3.4 Interoperability will be key for the adoption of wider HEMS
4.3.5 Energy aggregation and trading software adds a new revenue stream

Figure 1.1: Home energy management system infrastructure
Figure 1.2: Monocrystalline solar panel
Figure 1.3: Hybrid solar inverter, microinverter and DC power optimizer
Figure 1.4: Lithium-ion based battery storage system
Figure 1.5: Smart electrical panel
Figure 1.6: EV charger
Figure 1.7: Indoor and outdoor units of a heat pump
Figure 1.8: Landis+Gyr E360 Smart Meter
Figure 1.9: Energy management dashboard
Figure 1.10: Leading residential solar PV panel manufacturers
Figure 1.11: Leading residential solar inverter companies
Figure 1.12: Leading residential battery storage providers
Figure 1.13: HEMS platform providers and integrators
Figure 1.14: Top solar PV and battery storage installers (USA 2023)
Figure 1.15: Electricity generation by energy source (EU27 2022)
Figure 1.16: Electricity consumption by sector (EU27 2022)
Figure 1.17: Electricity market statistics (EU27+3 2023)
Figure 1.18: Electricity generation by energy source (US 2022)
Figure 1.19: Electricity consumption by sector (US 2022)
Figure 1.20: Electricity generation by energy source (Canada 2021)
Figure 1.21: Electricity consumption by sector (Canada 2020)
Figure 1.22: Top solar PV generation capacity countries in Europe and NA (2018-2023)
Figure 1.23: Residential solar PV systems (Europe and North America 2023)
Figure 1.24: Average household electricity prices (EU27 and USA 2008-2023)
Figure 1.25: The Installed base of residential EV charging points (2020-2028)
Figure 2.1: Comparison of LTE-M and NB-IoT specifications
Figure 2.2: HCA cloud-to-cloud connection
Figure 2.3: Matter application layer
Figure 2.4: Thread network topology
Figure 2.5: Wi-Fi generations
Figure 3.1: The SimpliPhi Energy Storage System
Figure 3.2: EP Cube battery storage and gateway units
Figure 3.3: E3/DC S10 E PRO battery storage system
Figure 3.4: EcoFlow Delta Pro Ultra
Figure 3.5: The Enphase IQ8 microinverter and Enlighten smartphone app
Figure 3.6: The Ferroamp EnergyHub inverter
Figure 3.7: FranklinWH aPower battery and aGate controller
Figure 3.8: Generac inverter, battery storage, automatic transfer switch and generator
Figure 3.9: Q.HOME CORE H3S/H7S energy storage system
Figure 3.10: Huawei LUNA2000-S1 battery storage system
Figure 3.11: Kostal app
Figure 3.12: LG Energy Solution enblock S battery storage system and smartphone app
Figure 3.13: Lunar Energy home energy management system
Figure 3.14: The Libbi home battery storage unit and Eddi controller
Figure 3.15: Panasonic EverVolt home battery storage system
Figure 3.16: Homevolt home battery
Figure 3.17: Powervault P4 battery storage system
Figure 3.18: Savant’s energy management dashboard
Figure 3.19: Schneider Home
Figure 3.20: Senec home battery
Figure 3.21: Sunny Tripower Smart Energy hybrid inverter and Sunny Home Manager 2.0.
Figure 3.22: SolarEdge Home Energy Management System
Figure 3.23: Shipments of SolarEdge inverters and power optimizers (World 2018-2023)
Figure 3.24: Sol-Ark hybrid inverter
Figure 3.25: sonnenBatterie 10 performance
Figure 3.26: Sungrow battery and hybrid inverter
Figure 3.27: The Tesla app
Figure 3.28: Tigo GO ESS system design
Figure 3.29: Viessmann Climate Solution’s home energy management solution
Figure 3.30: Solarwatt dashboard and energy manager
Figure 3.31: Leviton Load Center, smart breakers and app
Figure 3.32: Lumin Edge and app
Figure 3.33: SPAN Panel and SPAN Home app
Figure 3.34: Enpal.One energy manager gateway
Figure 3.35: The gridBox gateway
Figure 3.36: Homey app, Homey Bridge and Homey Pro
Figure 3.37: The Kiwigrid portal, smartphone and tablet app and VoyagerX gateway
Figure 4.1: HEMS installed base and shipments Europe 2023-2028
Figure 4.2: HEMS installed base and shipments North America 2023-2028
Figure 4.3: Solutions offered by leading HEMS providers in Europe and North America
Figure 4.4: Installed base of leading HEMS providers (Europe and NA Q4-2023)