100+ datasets found
  1. Home Energy Management Systems Market by Offering, Product Type,...

    • futuremarketinsights.com
    pdf
    Updated May 9, 2023
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    Future Market Insights (2023). Home Energy Management Systems Market by Offering, Product Type, Communication Technology & Region | Forecast 2023 to 2033 [Dataset]. https://www.futuremarketinsights.com/reports/home-energy-management-systems-market
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    pdfAvailable download formats
    Dataset updated
    May 9, 2023
    Dataset authored and provided by
    Future Market Insights
    License

    https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy

    Time period covered
    2023 - 2033
    Area covered
    Worldwide
    Description

    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.

    AttributesDetails
    HEMS Market Expected CAGR (2023 to 2033)17.7%
    HEMS Market Expected Size (2023)US$ 2,892.4 million
    HEMS Market Expected Size (2033)US$ 104,360.3 million

    Shifting Pattern of Power Consumption Transforms the Industry Analysis of Home Energy Management Systems

    Market CAGR (2018 to 2022)6.3%
    Market Size (2018)US$ 1,283.8 million
    Market Size (2022)US$ 2,451.2 million
    Market Growth Rate (between 2022 and 2023)1.17x

    Country-wise Analysis

    CountriesMarket Share (2022)
    United States16.5%
    Australia2.7%
    Germany7.1%
    Japan5.4%
    CountriesMarket CAGR (2023 to 2033)
    China15.4%
    India16.7%
  2. The global Home Energy Management System (HEMS) market size will be USD...

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Nov 6, 2024
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    Cognitive Market Research (2024). The global Home Energy Management System (HEMS) market size will be USD 4125.2 million in 2024. [Dataset]. https://www.cognitivemarketresearch.com/home-energy-management-system-market-report
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Nov 6, 2024
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global Home Energy Management System (HEMS) market size will be USD 4125.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 14.20% from 2024 to 2031.

    North America held the major market share for more than 40% of the global revenue with a market size of USD 1650.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.4% from 2024 to 2031.
    Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1237.56 million.
    Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 948.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.2% from 2024 to 2031.
    Latin America had a market share of more than 5% of the global revenue with a market size of USD 206.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.6% from 2024 to 2031.
    Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 82.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.9% from 2024 to 2031.
    The thermostat category is the fastest growing segment of the Home Energy Management System (HEMS) industry
    

    Market Dynamics of Home Energy Management System (HEMS) Market

    Key Drivers for Home Energy Management System (HEMS) Market

    Rising Need for Optimizing Energy Consumption to Boost Market Growth

    With its effective and sustainable energy storage and usage options, thermal energy storage (TES) is an essential part of home energy management systems (HEMS). When demand is low, TES technologies are made to store extra thermal energy, which is then released when demand is high. This strategy guarantees a dependable and economical means of energy consumption optimization. Conventional energy sources frequently require assistance to fulfill peak demand, which puts strain on the grid and raises electricity costs. For this problem, TES technologies offer a reliable and expandable solution. With TES, energy consumption is efficiently managed, and expensive peak power generation is not required by storing thermal energy during low-demand times, including at night or during off-peak hours, and releasing it when demand is high.

    Growing Number of Smart Homes to Drive Market Growth

    The market for home energy management systems (HEMS) is expanding quickly because of the rising need for intelligent and energy-efficient technology that lets users remotely control their home appliances and other systems. Thus, as more people outfit their smart homes with various smart gadgets, the growing demand for smart homes is anticipated to present growth possibilities for vendors in the home energy management system market. The markets are most widely accepted in North America, Asia-Pacific, and Europe. Users are also gravitating toward the Smart City movement, which is more prevalent in industrialized countries like Western Europe, the US, Canada, and Japan. Voice control, artificial intelligence, and intelligent assistants are examples of technological advancements that have made smart and connected houses feasible control centers. They are a ground-breaking advancement in home design that improves sustainability, comfort, convenience, security, and entertainment.

    Restraint Factor for the Home Energy Management System (HEMS) Market

    High Cost of HEMS Will Limit the Market Growth

    Even while retail automation and IoT dominance are on the rise, the high investment cost prevents home energy management systems (HEMS) from being widely adopted, particularly in the price-sensitive emerging regions of APAC and Latin America. These gadgets can be challenging to install, and expert help is typically required. The current smart house infrastructure may also be included in some home energy management systems, which could incur extra fees. Furthermore, low-income households may find the high upfront expenses of home energy management systems particularly difficult to afford. Financial limitations may be challenging for these consumers, who stand to gain from the system's potential energy savings.

    Impact of Covid-19 on the Home Energy Management System (HEMS) Market

    Due to the pandemic's economic uncertainties, numerous homeowners put off investing in home energy management systems and other non-essential expenses. Lockdowns, travel restrict...

  3. Home Energy Management Systems Market Analysis, Size, and Forecast...

    • technavio.com
    Updated Aug 15, 2024
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    Technavio (2024). Home Energy Management Systems Market Analysis, Size, and Forecast 2024-2028: North America (US and Canada), Europe (France, Germany, Italy, and UK), Middle East and Africa (Egypt, Oman, and UAE), APAC (China, India, and Japan), South America (Argentina and Brazil), and Rest of World (ROW) [Dataset]. https://www.technavio.com/report/home-energy-management-systems-market-industry-analysis
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    Dataset updated
    Aug 15, 2024
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Global, Germany
    Description

    Snapshot img

    Home Energy Management Systems Market Size 2024-2028

    The home energy management systems market size is forecast to increase by USD 1.97 billion at a CAGR of 10.01% between 2023 and 2028.

    The Home Energy Management Systems (HEMS) market is experiencing significant growth due to the increasing adoption of smart grid technologies and increasing investment in smart cities and smart homes. The integration of HEMS into energy infrastructure enables efficient energy consumption, demand response, and peak load management, driving market expansion. Moreover, the development of smart homes, which integrate various automation systems and appliances, presents a substantial opportunity for HEMS market growth. However, challenges persist in the form of high implementation costs and interoperability issues.
    The complexity of integrating various energy management systems and devices from different companies can hinder market growth. Companies seeking to capitalize on market opportunities must focus on addressing these challenges through collaboration and standardization efforts. By doing so, they can effectively navigate the competitive landscape and establish a strong market presence.
    

    What will be the Size of the Home Energy Management Systems Market during the forecast period?

    Request Free Sample

    The market continues to evolve, driven by advancements in technology and shifting consumer preferences. These systems enable seamless integration of various applications, including energy usage patterns analysis, conservation, renewable energy integration, real-time energy data, and appliance control. Government regulations and sustainability initiatives are key catalysts, pushing for energy infrastructure optimization and carbon footprint reduction. Time-of-use pricing, lighting control, and energy awareness are essential components, empowering consumers to make informed decisions and save energy costs. Cloud-based platforms and mobile applications offer remote access control, enhancing user experience and engagement. Security and privacy remain crucial considerations, with data encryption ensuring protection.
    Energy portfolio management, open protocols, and energy savings through battery storage are increasingly important. Green building, energy tariffs, and utility partnerships are shaping the commercial energy management landscape. Consumer empowerment, energy Data analytics, and user interfaces are essential for effective energy management. Industrial energy management, hvac control, and predictive maintenance are critical in optimizing operational efficiency. Incentive programs and energy dashboards facilitate energy cost reduction and promote sustainable living. Demand response and load management are vital for grid stability and energy efficiency optimization. The ongoing unfolding of market activities underscores the importance of energy literacy and ongoing innovation in the market.
    

    How is this Home Energy Management Systems Industry segmented?

    The home energy management systems industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    Component
    
      Hardware
      Software
      Services
    
    
    Product
    
      Lighting controls
      Programmable thermostats
      Self-monitoring systems
      Advanced central controllers
    
    
    Technology
    
      Wireless Protocols
      Wired Protocols
      Hybrid
    
    
    Application
    
      New Construction
      Retrofit
    
    
    Deployment Type
    
      On-premises
      Cloud
    
    
    Geography
    
      North America
    
        US
        Canada
    
    
      Europe
    
        France
        Germany
        Italy
        UK
    
    
      Middle East and Africa
    
        Egypt
        Oman
        UAE
    
    
      APAC
    
        China
        India
        Japan
    
    
      South America
    
        Argentina
        Brazil
    
    
      Rest of World (ROW)
    

    By Component Insights

    The hardware segment is estimated to witness significant growth during the forecast period.

    Home Energy Management Systems (HEMS) are becoming increasingly essential as homeowners seek to optimize energy usage, reduce carbon footprints, and save costs. HEMS integrate various technologies such as solar energy, Wind Energy, energy rebates, energy audits, building automation, residential energy management, remote access control, mobile applications, and energy forecasting. These systems prioritize security and privacy, offering data encryption and real-time energy data through cloud-based platforms. Government regulations and utility partnerships are driving the adoption of HEMS, which enable consumer empowerment through energy cost reduction, energy tariffs, and energy portfolio management. Commercial energy management, industrial energy management, and sustainability initiatives are also significant markets for HEMS.

    HEMS hardware includes a hub device that communicates between home events, users, and utilities. Smart p

  4. Home energy management systems U.S. market revenue 2011-2015

    • statista.com
    Updated Mar 3, 2016
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    Statista (2016). Home energy management systems U.S. market revenue 2011-2015 [Dataset]. https://www.statista.com/statistics/456751/home-energy-management-systems-us-revenue/
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    Dataset updated
    Mar 3, 2016
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2011 - 2015
    Area covered
    United States
    Description

    This statistic displays the market revenue of home energy management systems in the United States from 2011 to 2015. In 2015, the U.S. home energy management systems market generated 495 million U.S. dollars.

  5. c

    North America Home Energy Management System (HEMS) market size will be USD...

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
    Updated Apr 8, 2025
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    Cognitive Market Research (2025). North America Home Energy Management System (HEMS) market size will be USD 1650.08 million in 2024. [Dataset]. https://www.cognitivemarketresearch.com/regional-analysis/north-america-home-energy-management-system-market-report
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Apr 8, 2025
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Region
    Description

    North America Home Energy Management System (HEMS) market size will be USD 1650.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.4% from 2024 to 2031. North America has emerged as a prominent participant, and its sales revenue is estimated to reach USD 4033.6 Million by 2031. This growth is mainly attributed to the growing emphasis on smart home technology.

  6. Energy Management Systems (EMS) Market Analysis, Size, and Forecast...

    • technavio.com
    Updated Jun 25, 2025
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    Technavio (2025). Energy Management Systems (EMS) Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, Italy, Spain, and UK), APAC (China, India, and Japan), and Rest of World (ROW) [Dataset]. https://www.technavio.com/report/energy-management-systems-market-analysis
    Explore at:
    Dataset updated
    Jun 25, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Global
    Description

    Snapshot img

    Energy Management Systems Market Size 2025-2029

    The energy management systems (EMS) market size is forecast to increase by USD 51.64 billion, at a CAGR of 15.4% between 2024 and 2029.

    The market is experiencing significant growth due to the escalating demand for energy-efficient solutions in various industries and households. This trend is driven by increasing awareness of energy conservation and the need to reduce operational costs. Furthermore, advancements in technology have led to the development of more sophisticated EMS, enabling better energy management and optimization. Big data and wireless communication are transforming EMS, enabling real-time data acquisition, process optimization, and machine learning.
    Companies seeking to capitalize on this market's opportunities must focus on offering cost-effective solutions while ensuring the latest technological advancements. Navigating this market requires a strategic approach, with a strong focus on innovation and cost optimization to meet the evolving needs of energy-conscious consumers and businesses. However, the high initial costs for installing and implementing these systems remain a considerable challenge for market adoption. Renewable energy integration, including wind power systems and solar power systems, necessitates advanced energy modeling and simulation software.
    

    What will be the Size of the Energy Management Systems (EMS) Market during the forecast period?

    Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
    Request Free Sample

    The market continues to evolve, driven by the growing need for efficient energy use and regulatory compliance across various sectors. Energy performance contracts, fault detection, and smart meters are integral components of EMS, enabling real-time monitoring and optimization of energy consumption. HVAC control systems, powered by cloud computing and machine learning, ensure optimal performance and reduce energy waste. Risk management, power system simulation, and renewable energy integration are essential for grid modernization and sustainability reporting. Capacity planning and carbon footprint reduction are key concerns for utility companies, driving the adoption of demand response programs and energy efficiency audits.

    IoT sensors, energy modeling, and load forecasting facilitate peak demand reduction and energy trading. SCADA systems, utility management software, and power quality monitoring ensure grid stability and transmission automation. Energy procurement, solar power optimization, and power converters are crucial for effective energy portfolio management. The integration of wind energy and the evolution of distribution automation continue to shape the EMS landscape. The market's continuous dynamism underscores the importance of data analytics and energy consulting in optimizing energy use and reducing costs. The ongoing adoption of advanced technologies, such as smart grids and peak demand reduction strategies, underscores the market's potential for growth and innovation.

    How is this Energy Management Systems (EMS) Industry segmented?

    The energy management systems (EMS) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    Deployment
    
      On-premises
      Cloud-based
    
    
    End-user
    
      Manufacturing
      Power and energy
      Telecom and IT
      Residential and commercial
      Others
    
    
    Solution
    
      Industrial energy management
      Utility energy management
      Building energy management
      Enterprise carbon and energy management
      Home energy management
    
    
    Component
    
      Hardware
      Software
      Services
    
    
    Geography
    
      North America
    
        US
        Canada
    
    
      Europe
    
        France
        Germany
        Italy
        Spain
        UK
    
    
      APAC
    
        China
        India
        Japan
    
    
      Rest of World (ROW)
    

    By Deployment Insights

    The On-premises segment is estimated to witness significant growth during the forecast period. The on-premises segment of the global energy management systems (EMS) market is experiencing significant growth in recent years. This trend can be attributed to the rising demand for effective energy management solutions across several industries, including manufacturing, healthcare, retail, and others. On-premises energy management systems offer several benefits over cloud-based solutions, especially when it comes to data security and privacy. One significant advantage of on-premises energy management systems is control. Companies that operate on-premises systems have complete control over their data. This means they are better equipped to address data breaches and other security threats. Renewable energy integration, including wind power systems and solar power systems, necessitates adva

  7. North America Home Energy Management System (HEMS) Market Size, Share,...

    • mordorintelligence.com
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    Mordor Intelligence, North America Home Energy Management System (HEMS) Market Size, Share, Analysis & Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/north-america-home-energy-management-system-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    North America
    Description

    The North America Home Energy Management System Market report segments the industry into By Component (Hardware, Software, Services), By Product Type (Lighting Controls, Self-Monitoring Systems and Services, Programmable Communicating Thermostats, Advanced Central Controllers, Intelligent HVAC Controllers), By Technology (ZigBee, Wi-Fi, Internet, Z-Wave, Other Technologies), and By Country (United States, Canada).

  8. i

    Home Energy Management Systems (HEMS) Market Size USD 12,621.30 Mn by 2032

    • insightsleader.com
    pdf
    Updated Jan 23, 2024
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    Insights Leader (2024). Home Energy Management Systems (HEMS) Market Size USD 12,621.30 Mn by 2032 [Dataset]. https://www.insightsleader.com/home-energy-management-systems-market
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    pdfAvailable download formats
    Dataset updated
    Jan 23, 2024
    Dataset authored and provided by
    Insights Leader
    License

    https://www.reportsinsights.com/privacy-policyhttps://www.reportsinsights.com/privacy-policy

    Area covered
    Global
    Description

    Home Energy Management Systems (HEMS) Market is growing at a CAGR of 19.1% from 2023 to 2032 | Projected to reach US$ 12,621.30 Mn by 2032 | Valued at US$ 3,179.12 Mn in 2022

  9. Energy Management Software Market Analysis, Size, and Forecast 2025-2029:...

    • technavio.com
    Updated Jun 20, 2025
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    Technavio (2025). Energy Management Software Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, Italy, Spain, and UK), APAC (China, India, and Japan), and Rest of World (ROW) [Dataset]. https://www.technavio.com/report/energy-management-software-market-industry-analysis
    Explore at:
    Dataset updated
    Jun 20, 2025
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Global
    Description

    Snapshot img

    Energy Management Software Market Size 2025-2029

    The energy management software market size is forecast to increase by USD 17.42 billion, at a CAGR of 11.4% between 2024 and 2029.

    The market is experiencing significant growth, driven by the increasing emphasis on cost reduction in various industries. Companies are recognizing the potential savings that can be achieved through the implementation of energy management software. Another key trend is the adoption of cloud-based solutions, which offer flexibility, scalability, and ease of use. Renewable energy integration, including wind power systems and solar power systems, necessitates advanced energy modeling and simulation software. Additionally, the rising number of open-source platforms for energy management software is expanding the market's competitive landscape, providing more options for businesses.
    To capitalize on market opportunities and navigate challenges effectively, companies should focus on addressing these obstacles through robust security measures and seamless integration capabilities. By doing so, they can reap the benefits of energy management software, including cost savings, improved operational efficiency, and enhanced sustainability efforts. However, the implementation of these systems can pose challenges, such as data security concerns and the need for extensive integration with existing systems.
    

    What will be the Size of the Energy Management Software Market during the forecast period?

    Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
    Request Free Sample

    The market continues to evolve, driven by the increasing demand for efficient energy consumption and the integration of renewable energy sources. Microgrid management solutions enable the coordination of distributed energy resources, ensuring grid stability and resilience. Renewable energy integration software facilitates the seamless connection of solar, wind, and other renewable energy sources to the grid. Open protocols and cloud-based platforms promote interoperability and flexibility, allowing for hybrid deployments that combine on-premise and cloud solutions. Energy consumption monitoring and load forecasting tools provide real-time data, enabling proactive energy management and cost reduction. Integration services ensure seamless connectivity with various systems, including SCADA, IoT sensors, and APIs.

    Simulation software and optimization algorithms facilitate the analysis of energy systems, allowing for the identification of inefficiencies and opportunities for improvement. Customer service and technical support ensure the effective implementation and utilization of energy management software. Battery management systems and sustainability initiatives promote the adoption of renewable energy sources and reduce carbon footprints. Software updates, reporting and analytics, and performance monitoring provide valuable insights into energy usage patterns and trends. Demand response optimization and energy benchmarking enable organizations to optimize energy consumption and reduce costs. Data security and wireless communication ensure the protection of sensitive energy data.

    The market is characterized by continuous innovation, with new technologies and applications emerging regularly. The integration of AI algorithms, machine learning, and predictive analytics is driving the development of advanced energy management solutions. Energy efficiency audits and commissioning and retrofits ensure the effective implementation of energy management strategies. In this dynamic market, organizations must stay informed of the latest trends and developments to remain competitive and achieve their energy management goals. The ongoing unfolding of market activities and evolving patterns presents both opportunities and challenges, requiring a proactive and adaptive approach to energy management.

    How is this Energy Management Software Industry segmented?

    The energy management software industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    End-user
    
      Power industry
      Construction
      Others
    
    
    Application
    
      Commercial
      Residential
    
    
    Component
    
      Software
      Services
    
    
    Geography
    
      North America
    
        US
        Canada
    
    
      Europe
    
        France
        Germany
        Italy
        Spain
        UK
    
    
      APAC
    
        China
        India
        Japan
    
    
      Rest of World (ROW)
    

    By End-user Insights

    The power industry segment is estimated to witness significant growth during the forecast period. In the power industry, the market is experiencing significant growth due to the increasing demand for resource management, security, and efficient operational processes. The need for digitiza

  10. Home energy management systems market revenue worldwide 2011-2016

    • statista.com
    Updated Feb 26, 2020
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    Statista (2020). Home energy management systems market revenue worldwide 2011-2016 [Dataset]. https://www.statista.com/statistics/760033/home-energy-management-systems-revenue-worldwide/
    Explore at:
    Dataset updated
    Feb 26, 2020
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    This statistic displays the market revenue of home energy management systems worldwide from 2011 to 2016. In 2016, the global home energy management systems market generated 2.3 billion U.S. dollars.

  11. e

    Us Energy Management System Market Research Report By Product Type...

    • exactitudeconsultancy.com
    Updated Mar 2025
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    Exactitude Consultancy (2025). Us Energy Management System Market Research Report By Product Type (Software, Hardware), By Application (Building Energy Management, Industrial Energy Management, Home Energy Management), By End User (Residential, Commercial, Industrial), By Technology (Cloud-Based, On-Premises), By Distribution Channel (Direct Sales, Distributors, Online Sales) - Forecast to 2034. [Dataset]. https://exactitudeconsultancy.com/reports/48822/us-energy-management-system-market
    Explore at:
    Dataset updated
    Mar 2025
    Dataset authored and provided by
    Exactitude Consultancy
    License

    https://exactitudeconsultancy.com/privacy-policyhttps://exactitudeconsultancy.com/privacy-policy

    Area covered
    United States
    Description

    The Us Energy Management System is projected to be valued at 5 billion USD in 2024, driven by factors such as increasing consumer awareness and the rising prevalence of industry-specific trends. The market is expected to grow at a CAGR of 15%, reaching approximately 20 billion USD by 2034.

  12. U

    U.S. Energy Management Systems Market Report

    • archivemarketresearch.com
    doc, pdf, ppt
    Updated Jun 2, 2025
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    Archive Market Research (2025). U.S. Energy Management Systems Market Report [Dataset]. https://www.archivemarketresearch.com/reports/us-energy-management-systems-market-4898
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    pdf, doc, pptAvailable download formats
    Dataset updated
    Jun 2, 2025
    Dataset authored and provided by
    Archive Market Research
    License

    https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    United States
    Variables measured
    Market Size
    Description

    The U.S. Energy Management Systems Market size was valued at USD 14.29 Billion in 2023 and is projected to reach USD 30.42 Billion by 2032, exhibiting a CAGR of 11.4 % during the forecasts period. The U. S EMS market is the technological and service sector which delivers the management of energy use across sectors in the country. EMS commonly combine technological components such as sensors and microprocessors to gather data in relation to energy-consuming equipment and installations with a view to reviewing habits and approaches to energy usage, with a view to devising measures to reduce wastage and related cost. Some of the applications are Building Management or Automation, Demand Response Management, and Utility Billing. These can be applied commonly to the commercial and industrial domains and the residential areas as well. Major currents observed in the context of the EMS market in the USA include the IoT EMS for real-time monitoring and the smart grid technology for improving the grid infrastructure, renewable energy for sustainable energy management. While more organizations aim at lowering the costs of energy and compliance with environmental objectives, the popularity of the EMS implementation remains on the rise, thus creating pressure on companies to advance and enhance innovations. Recent developments include: In August 2023, C3 AI asserted that the U.S. Air Force adopted its air logistics optimization application to boost flight efficiency and conserve fuel use. , In November 2022, IBM launched an initiative, IBM Sustainability Accelerator, to expedite clean energy transition. The program will reportedly apply AI and hybrid cloud to ramp up projects emphasizing vulnerable populations. .

  13. Global building energy management system market size by user 2018-2025

    • statista.com
    Updated Jun 27, 2025
    + more versions
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    Statista (2025). Global building energy management system market size by user 2018-2025 [Dataset]. https://www.statista.com/statistics/805217/building-energy-management-system-market-worldwide-by-user/
    Explore at:
    Dataset updated
    Jun 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2018
    Area covered
    Worldwide
    Description

    This statistic shows the global market size of building energy management systems (BEMS) in 2018 and a projection for 2025, broken down by end-user market. In 2025, it is projected that the market size of the building energy management systems for the residential sector will be worth **** ******* U.S. dollars.

  14. Global Energy Management System Market Size By System Type (Home Energy...

    • verifiedmarketresearch.com
    Updated Nov 23, 2024
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    VERIFIED MARKET RESEARCH (2024). Global Energy Management System Market Size By System Type (Home Energy Management System, Industrial Energy Management System), By Application (Automotive, Oil and Gas, Manufacturing), By Geographic Scope And Forecast [Dataset]. https://www.verifiedmarketresearch.com/product/energy-management-system-market/
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    Dataset updated
    Nov 23, 2024
    Dataset provided by
    Verified Market Researchhttps://www.verifiedmarketresearch.com/
    Authors
    VERIFIED MARKET RESEARCH
    License

    https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/

    Time period covered
    2026 - 2032
    Area covered
    Global
    Description

    Energy Management System Market size was valued at USD 35.74 Billion in 2024 and is projected to reach USD 67.63 Billion by 2032, growing at a CAGR of 8.30% from 2026 to 2032.

    Key Market Drivers:

    Increasing Global Energy Consumption and Costs: The rising global demand for energy is driving enterprises to implement Energy Management Systems (EMS) to optimize energy usage and save expenses. According to the US Energy Information Administration (EIA), worldwide energy consumption is predicted to increase by approximately 50% between 2018 and 2050, highlighting the critical need for effective energy management systems. This surge in energy demand is prompting organizations to implement EMS for a variety of reasons, including increased energy efficiency, compliance with regulatory requirements, lower rising energy costs, reduced environmental impact, and improved operational resilience by better-managing energy supply and demand fluctuations.

  15. c

    Global Residential Energy Management Market Report 2025 Edition, Market...

    • cognitivemarketresearch.com
    pdf,excel,csv,ppt
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    Cognitive Market Research, Global Residential Energy Management Market Report 2025 Edition, Market Size, Share, CAGR, Forecast, Revenue [Dataset]. https://www.cognitivemarketresearch.com/residential-energy-management-market-report
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    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global Residential Energy Management market size will be USD XX million in 2025. It will expand at a compound annual growth rate (CAGR) of XX% from 2025 to 2031.

    North America held the major market share for more than XX% of the global revenue with a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2031. Europe accounted for a market share of over XX% of the global revenue with a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2031. Asia Pacific held a market share of around XX% of the global revenue with a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2031. Latin America had a market share of more than XX% of the global revenue with a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2031. Middle East and Africa had a market share of around XX% of the global revenue and was estimated at a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2031. KEY DRIVERS

    Rising Energy Consumption and Advanced Metering Infrastructure (AMI) are driving the market growth

    As energy consumption continues to rise globally, the residential sector plays a significant role in increasing demand for energy resources. According to the International Energy Outlook 2016, the residential sector is projected to account for about 13% of the total world energy consumption by 2040. (https://www.eia.gov/pressroom/presentations/sieminski_05112016.pdf) This growth is expected to be driven by both the rising standards of living in emerging economies and the ongoing energy needs of developed nations. In countries within the OECD, such as the U.S., energy use per household remains high due to the prevalence of heating, cooling, and large electronic devices. Meanwhile, in non-OECD nations, particularly in regions like China and India, urbanization and the increasing adoption of household technologies (such as air conditioning and home appliances) are pushing residential energy demands even higher. This rise in energy consumption is fueling the need for more efficient and intelligent systems to manage these growing demands, making residential energy management (REM) solutions essential for future sustainability. Moreover, AMI systems, which include smart meters and communication networks, allow consumers to track their energy usage down to the device level, giving them more control over how they consume power. As governments and utility companies around the world invest in smart grid technologies, the adoption of AMI continues to rise. For instance, Pacific Gas and Electric in California has made significant strides in implementing AMI, enabling its customers to gain detailed insights into their energy consumption patterns.( https://docs.cpuc.ca.gov/PublishedDocs/SupDoc/A2403011/7148/527440696.pdf) This shift toward real-time data and control is helping households reduce waste and improve energy efficiency, thereby accelerating the demand for Residential Energy Management Systems (REMS). As more consumers become interested in reducing energy costs, AMI is serving as a foundational technology that drives the adoption of REM solutions. Government regulations promoting energy efficiency and the use of sustainable energy sources further boost the growth of residential energy management. Policies that encourage the use of renewables, such as solar power, alongside smart home incentives, are increasing the market for REM solutions. Governments are also implementing stricter standards for energy-efficient appliances and building insulation, which push homeowners to adopt technologies that optimize energy usage. For instance, the European Union has set ambitious energy efficiency goals, aiming to reduce energy consumption by 32.5% by 2030,( https://energy.ec.europa.eu/topics/energy-efficiency/energy-efficiency-targets-directive-and-rules/energy-efficiency-targets_en) which includes fostering the adoption of smart home technologies. At the same time, real-time energy conservation technologies like smart meters, IoT sensors, and AI-powered analytics are empowering consumers to monitor and optimize their energy consumption instantaneously. These systems allow users to track inefficiencies, adjust consumption during peak and off-peak hours, and synchronize their energy production from renewable sources with demand, ultimately saving on energy cos...

  16. m

    Power Management System Market Size | CAGR of 6.8%

    • market.us
    csv, pdf
    Updated Feb 11, 2025
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    Market.us (2025). Power Management System Market Size | CAGR of 6.8% [Dataset]. https://market.us/report/power-management-system-market/
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    pdf, csvAvailable download formats
    Dataset updated
    Feb 11, 2025
    Dataset provided by
    Market.us
    License

    https://market.us/privacy-policy/https://market.us/privacy-policy/

    Time period covered
    2022 - 2032
    Area covered
    Global
    Description

    Power Management System Market size is expected to be worth around USD 12.4 Bn by 2034, from USD 6.4 Bn in 2024, growing at a CAGR of 6.8%

  17. P

    Power Management System Market Report

    • archivemarketresearch.com
    doc, pdf, ppt
    Updated Apr 10, 2025
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    Archive Market Research (2025). Power Management System Market Report [Dataset]. https://www.archivemarketresearch.com/reports/power-management-system-market-1050
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    doc, ppt, pdfAvailable download formats
    Dataset updated
    Apr 10, 2025
    Dataset authored and provided by
    Archive Market Research
    License

    https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    global
    Variables measured
    Market Size
    Description

    The Power Management System Market size was valued at USD 6.50 billion in 2023 and is projected to reach USD 10.37 billion by 2032, exhibiting a CAGR of 6.9 % during the forecasts period. A power management system (PMS) is an integral part of power systems designed to ensure efficient and reliable power distribution and use. PMS includes hardware and software solutions that monitor, control and optimize energy consumption and distribution, ensuring that power is available where and when it is needed, minimizing waste and costs. The system can manage different energy sources such as traditional fossil fuels, renewable energy sources and backup systems, integrating them into a single grid that maintains stability and efficiency. The demand for PMS in the market is driven by the growing need for energy efficiency, sustainability and the complexity of power grids, especially with the integration of renewable energy sources. The market is characterized by a number of players, from large international companies to smaller specialized companies, offering different solutions from complete PMS software to specific hardware components. Major industries adopting PMS include manufacturing, data centers, healthcare and utilities, where reliable power is critical. The market is expected to grow significantly due to technological advancements, increasing regulatory pressure on energy efficiency and increasing importance of sustainable energy practices Recent developments include: In October 2023, Eaton, a US-based intelligent power management company, launched the Gigabit Network Card (Network-M3), which combines cybersecurity features with connected backup power. The Network-M3 card utilizes the Eaton Gigabit Network Card technology's advanced capabilities and new innovative features to meet specific cybersecurity requirements. It offers web-based monitoring and guarded capacities and provides a vision for power usage, allowing it to monitor and control power systems better as security needs to grow. , In November 2022, ABB, an electrification and automation technology and solutions provider, launched ABB Ability OPTIMAX, an energy management system for hydrogen production. The software aims to reduce production costs by up to 20% for hydrogen-producing companies. ABB's OPTIMAX software supports scaling up hydrogen production capacity by 50 times and reducing the cost of producing green hydrogen by 50%. The software covers all aspects of a hydrogen plant lifecycle, from simulation and design to concurrent monitoring during operation. It measures power flows and carbon dioxide emissions, providing data to optimize energy consumption and minimize waste. .

  18. Power Management System Market Analysis - Size, Share, and Forecast Outlook...

    • futuremarketinsights.com
    pdf
    Updated Jun 23, 2025
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    Future Market Insights (2025). Power Management System Market Analysis - Size, Share, and Forecast Outlook 2025 to 2035 [Dataset]. https://www.futuremarketinsights.com/reports/power-management-system-market
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    pdfAvailable download formats
    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Future Market Insights
    License

    https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy

    Time period covered
    2025 - 2035
    Area covered
    Worldwide
    Description

    The power management system market is estimated to generate a market size of USD 6.96 billion in 2025 and is expected to reach USD 13.94 billion by 2035, reflecting a compound annual growth rate (CAGR) of 7.2% during the forecast period.

    AttributeValue
    Market Size in 2025USD 6.96 billion
    Market Size in 2035USD 13.94 billion
    CAGR (2025 to 2035)7.2%

    Country-wise Insights

    CountriesCAGR (2025 to 2035)
    The USA7.2%
    The UK6.5%
    France6.3%
    Germany6.8%
    Italy5.9%
    South Korea6.7%
    Japan6.4%
    China8.1%
    Australia6.2%
    New Zealand5.8%
  19. US Smart Home Market Analysis, Size, and Forecast 2025-2029

    • technavio.com
    Updated Oct 9, 2015
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    Technavio (2015). US Smart Home Market Analysis, Size, and Forecast 2025-2029 [Dataset]. https://www.technavio.com/report/smart-home-market-size-in-us-industry-analysis
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    Dataset updated
    Oct 9, 2015
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    United States
    Description

    Snapshot img

    US Smart Home Market Size 2025-2029

    The smart home market size in US is forecast to increase by USD 6.47 billion at a CAGR of 5.6% between 2024 and 2029.

    The Smart Home Market is experiencing significant growth, driven by increasing consumer interest in home automation and the development of technologically advanced products. Homeowners in the US are increasingly seeking convenience, energy savings, and enhanced security, leading to a rise in demand for smart home devices. However, challenges persist, including the need for greater interoperability between devices and systems to ensure seamless integration. The smart home market in the US continues to expand, integrating data connectivity technology, intelligent HVAC systems, and renewable energy solutions, all aimed at reducing the carbon footprint and enhancing living spaces.
    
    
    As the market continues to evolve, companies must navigate these trends and challenges to stay competitive and meet the evolving needs of consumers. The growing importance of voice control, artificial intelligence, and the Internet of Things are also shaping the future of the Smart Home Market, offering new opportunities for innovation and growth. Home automation standards prioritize device reliability, scene creation capabilities, and user interface design, addressing system compatibility issues and data privacy concerns. Homeowners and developers alike are conducting user satisfaction surveys to understand preferences, improve usability, and tailor experiences to diverse lifestyles.
    

    What will be the Size of the market During the Forecast Period?

    Request Free Sample

    The smart home market is experiencing significant growth, with home automation platforms integrating various technologies to enhance the user experience. API integration and third-party collaborations enable cost savings calculations and remote access control, making homes more energy-efficient and cost-effective. Rule-based automation and network security measures ensure environmental impact assessments and energy consumption tracking, while system maintenance procedures and energy efficiency solutions address power consumption optimization. Smart homes enable residents to control various systems and appliances remotely, including HVAC systems, electrical cooling systems, natural gas, thermostats, lights, and home appliances.

    System scalability solutions mitigate device connectivity issues and automation process efficiency, allowing businesses to offer affordable home automation pricing and automation scheduling tools. User satisfaction surveys indicate a growing preference for smart home ecosystems, with energy efficiency and ease of use being key factors. Smart home features continue to evolve, with home automation platforms offering advanced capabilities to cater to diverse consumer needs. Despite these advancements, addressing system compatibility issues and ensuring device reliability remains a priority for market players.

    How is this market segmented and which is the largest segment?

    The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

    Type
    
      Home entertainment
      Smart appliances
      Energy management
      Lighting control system and HVAC
      Safety and security system
    
    
    Technology
    
      Wired
      Wireless
    
    
    Application
    
      Retrofit
      New construction
    
    
    Geography
    
      North America
    
        US
    

    By Type Insights

    The Home entertainment segment is estimated to witness significant growth during the forecast period. The smart home market in the US is experiencing significant growth, driven by the integration of advanced technologies such as automated window shades, remote home monitoring, home automation gateways, and data security protocols. AI-powered home assistants, like those found in smart speakers, have become increasingly popular for their convenience and user-friendly interface. These devices, such as Amazon Echo, use voice control integration, natural language processing, and machine learning algorithms to provide a seamless user experience. Smart home appliances, including refrigerators, ovens, and washing machines, can be controlled remotely through smartphone apps or home automation software. Entertainment control, lighting, and even smart furniture are also becoming integral parts of the smart home ecosystem.

    Software and services, such as digital assistants and Bluetooth speaker control, further enhance the user experience. Zigbee technology and Z-Wave technology facilitate wireless communication between various smart home devices, while IoT home automation allows for device interoperability and environmental monitoring sensors keep users informed of their home's conditions. Security is a top priority, with smart locks, motion sensor technolog

  20. U

    U.S. Distributed Energy Resource Management System Market Report

    • marketresearchforecast.com
    doc, pdf, ppt
    Updated Dec 10, 2024
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    Market Research Forecast (2024). U.S. Distributed Energy Resource Management System Market Report [Dataset]. https://www.marketresearchforecast.com/reports/us-distributed-energy-resource-management-system-market-2334
    Explore at:
    doc, ppt, pdfAvailable download formats
    Dataset updated
    Dec 10, 2024
    Dataset authored and provided by
    Market Research Forecast
    License

    https://www.marketresearchforecast.com/privacy-policyhttps://www.marketresearchforecast.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    United States
    Variables measured
    Market Size
    Description

    The U.S. Distributed Energy Resource Management System Market size was valued at USD 112.67 USD Million in 2023 and is projected to reach USD 373.86 USD Million by 2032, exhibiting a CAGR of 18.69 % during the forecast period. A Distributed Energy Resource Management System (DERMS) is a software system that optimizes the operation of distributed energy resources (DERs) which are solar power, wind power, and power storage systems. DERMS helps utilities and grid operators to manage and control DERs more effectively so that DERs can provide support towards building the stability of the electricity grids. There are three main types of DERMS, that are centralized systems, decentralized system, and the hybrid system, where each one is used according to the need. The main advantages of DERMS are the conditioned power supply reliability, energy efficiency, costs reductions, and integration of distributed renewable sources. In the US market, there is growing adoption of DERMS owing to higher penetration of renewable energy, the policies supporting this technology, and innovations in the smart grid. Also, new approaches arise to integrate artificial intelligence and machine learning that can help to enhance performance and foresee possible failures. Recent developments include: March 2023: AutoGrid, a leading provider of (VPP) Virtual Power Plant and (DERMS) Distributed Energy Resource Management Solutions in real-time, announced the launch of its latest product, AutoGrid Flex EV. This AI solution is intended to enable cleaner, more reliable, and cost-effective grid operations and is built on the AutoGrid Flex platform., March 2023: OATI (Open Access Technology International, Inc.) was delighted to announce its collaboration with (NISC) National Information Solutions Cooperative. OATI incorporated its innovative webSmartEnergy solution with NISC’s Marketing solution, Meter Data Management, Multi-Channel Messenger, and SmartHub in the newly launched Integration Partner Program of DERMS. NISC chose OATI as its first companion in the program., February 2023: EnergyHub announced its partnership with Siemens, marking a significant step in expanding its network of collaborators in the grid software business. These companies would integrate their corresponding solutions to offer utilities a comprehensive and scalable DER management solution. This collaboration promises utilities, improved DER visibility, better management tools, and more accurate forecasting for DER assets. It empowers utilities to restore, plan, function, and maintain a grid that is increasingly centered on DER, breaking down traditional operational barriers.. Key drivers for this market are: Growing Focus on Safety and Organization to Fuel Market Growth. Potential restraints include: Cyber Security Risks Associated with Internet to Hamper Market Growth. Notable trends are: Growth of IT Infrastructure to Bolster the Demand for Modern Cable Tray Management Solutions.

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Future Market Insights (2023). Home Energy Management Systems Market by Offering, Product Type, Communication Technology & Region | Forecast 2023 to 2033 [Dataset]. https://www.futuremarketinsights.com/reports/home-energy-management-systems-market
Organization logo

Home Energy Management Systems Market by Offering, Product Type, Communication Technology & Region | Forecast 2023 to 2033

Explore at:
pdfAvailable download formats
Dataset updated
May 9, 2023
Dataset authored and provided by
Future Market Insights
License

https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy

Time period covered
2023 - 2033
Area covered
Worldwide
Description

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.

AttributesDetails
HEMS Market Expected CAGR (2023 to 2033)17.7%
HEMS Market Expected Size (2023)US$ 2,892.4 million
HEMS Market Expected Size (2033)US$ 104,360.3 million

Shifting Pattern of Power Consumption Transforms the Industry Analysis of Home Energy Management Systems

Market CAGR (2018 to 2022)6.3%
Market Size (2018)US$ 1,283.8 million
Market Size (2022)US$ 2,451.2 million
Market Growth Rate (between 2022 and 2023)1.17x

Country-wise Analysis

CountriesMarket Share (2022)
United States16.5%
Australia2.7%
Germany7.1%
Japan5.4%
CountriesMarket CAGR (2023 to 2033)
China15.4%
India16.7%
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