The global market for residential energy management systems is expected to reach $2,892.4 million in sales by 2023. Demand is expected to grow at a CAGR of 17.7%, reaching US$ 104,360.3 million by 2033. The primary drivers of this expansion are increased power demand and cutting-edge technology such as the smart grid. Market progress is …
Tag Archives: Home Energy Management Systems Market
Empowering Homes: Exploring the Home Energy Management Systems Market
In 2023, it is predicted that the market for home energy management systems would bring in US$2,892.4 million. By 2033, demand is projected to reach US$ 104,360.3 million at a CAGR of 17.7%. Growing power usage and cutting-edge technology like the smart grid are the main drivers of this increase. Market development is made possible …
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