Homeowners and business owners alike are constantly seeking to reduce their energy usage. Thankfully, an energy monitoring or management device can help them achieve this goal. The following two reports take a closer look at the energy monitoring market and energy management devices market.
The average U.S home consumes approximately 897 kWh of electricity per month, according to the Energy Information Administration (EIA). Over the course of a year, this translates into more than $1,000.
While it's nearly impossible to completely eliminate your monthly electric bill, you can reduce the cost of electricity by investing in an energy monitor or management device. As the name suggests, these devices are designed to monitor the energy usage in a home or building.
The general idea is to help homeowners and business owners understand what's consuming the most energy in their respective dwelling. Using this information, they can then make the necessary upgrades to reduce their energy usage and save money on their monthly power bill.
A smart thermostat, for instance, is a common type of energy monitoring device found in homes. It typically features automated technology to achieve a higher level of energy efficiency.
When no one is present in the home, for instance, a smart thermostat may automatically adjust the climate settings. Some smart thermostats often feature mobile "companion" apps, allowing homeowners to control their home's climate settings from a smartphone or tablet.
This report segments the global energy monitor market by several criteria. On the basis of product type, the market is segmented into in-house display, smart thermostat, smart plug and others.
On the basis of end-user applications, the market is segmented into residential, commercial and industrial. The report also segments the market by geographic region, focusing on the United States, China, Europe, Japan, Southeast Asia and India.
Some of the key energy monitor vendors profiled in this report include Efergy Technologies Limited, Abb Group, Cisco Systems, General Electric Company, Honeywell International, Ibm Corporation, Schneider Electric, Siemens, Ca Technologies, Eaton Corporation, Emerson Process Management, Shenzhen Sailwider Electronics, Sailwider Electronics and others.
The Global Energy Management Devices Market Research report by The Market Reports is a second professional analysis of the global energy management devices market. Covering both current and future prospective scenarios, it explores the market from all angles.
Within this report, you'll find key data on the global energy market's size, classifications, chain structure, key regions' development status, growth drivers, challenges, trends, size and more. In essence, this is a complete and comprehensive analysis of the global energy management devices market and where it's headed.
For more information: