Home Energy Management Systems Market Size & Growth by 2033

The global home energy management systems market is anticipated to generate revenues of US$ 2,892.4 million in 2023. Demand is anticipated to increase at a CAGR of 17.7% and reach US$ 104,360.3 million by 2033. The leading factors of this expansion are increasing power consumption and cutting-edge technology like the smart grid. Market progress is possible …

Harnessing Sustainable Solutions: A Comprehensive Study of the Home Energy Management Systems Market by Future Market Insights, Inc.

The home energy management systems market is predicted to be worth US$ 2,892.4 million in 2023 and rise to US$ 104,360.3 million by 2033. The global industry was expanding at a CAGR of 6.3% from 2018 to 2022.  The demand for energy-efficient appliances and smart home energy management systems has seen a significant increase. This is as customers are being more aware …