Europe Home Energy Management System Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Europe Home Energy Management Systems Companies and the market is Segmented By Component (Hardware, Software, Services), By Product Type (Lighting Controls, Self-Monitoring Systems and Services, Programmable Communicating Thermostats, Advanced Central Controllers, Intelligent HVAC Controller), and By Technology (Z-Wave, ZigBee, Wi-Fi, Internet) and By Country.

Europe Home Energy Management System Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Europe Home Energy Management System Market Size

Europe Home Energy Management System Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 12.50 %
Market Concentration Medium

Major Players

Europe Home Energy Management System Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Home Energy Management System Market Analysis

The Europe Home Energy Management System Market is expected to register a CAGR of 12.5% during the forecast period.

  • Europe is a diverse region with the potential to drive up demand for home energy management systems due to the significant production of smart meters in the United Kingdom and Germany.
  • Home energy management systems have emerged as critical components of the smart grid and smart homes. With the help of these systems, a homeowner can remotely control various aspects of their home. It combines control, scheduling, and user information. Home energy management systems enable customers to modify their energy consumption patterns based on consumption details received through these systems.
  • Rapid technological advancements in areas such as smart grid, bidirectional communication medium, network communication, information infrastructures, energy conservation methodologies, and diverse techniques have resulted in a revolutionary change in various power consumption domains such as electricity usage patterns and energy conservation at consumption premises across Europe.
  • Moreover, according to the European Commission, more than three-quarters of the European population lives in cities, with this figure expected to rise to nearly 85% by 2050. Because of government regulations in Europe, cost savings, and energy consumption optimization, homes, industries, and businesses are increasingly adopting energy management solutions.
  • Several European policies, proposals, and initiatives are already in place to promote more sustainable and competitive urban areas. These include the implementation of smart technologies in buildings to improve energy efficiency, the promotion of research and innovation efforts to transform European energy systems into low-carbon systems, and the development of expertise network exchanges to help cities implement European climate and energy goals.
  • Furthermore, the COVID-19 pandemic has had a significant impact on global economies, resulting in workforce and travel restrictions, supply chain and production disruptions, and decreased demand and spending across a wide range of industries. A sudden drop in infrastructure development and installation projects is expected to hamper home energy management market growth across Europe.
  • Also, in order to obtain real-time feedback on energy usage at home, Home Energy Management System requires the installation of software and service tools. Additional tools, such as home energy displays, software, sensors, and analytical solutions, must be purchased by consumers. The associated cost has a significant impact on the importance of energy efficiency solutions. This acts as a barrier to market growth, resulting in a low rate of HEMS implementation.

Europe Home Energy Management System Industry Overview

The European Home Energy Management Systems market is considerably fragmented. The market has various small and large players. Some of the significant players in the market are ABB Group, Schneider Electric, Eaton, ABB, General Electric, Honeywell International, and many more. The companies are increasing their market share by forming multiple partnerships and investing in introducing new solutions to earn a competitive edge during the forecast period.

  • August 2022 - Enphase Energy, Inc. has announced the acquisition of GreenCom Networks AG. GreenCom Networks offers Internet of Things (IoT) software solutions that enable customers to connect and manage a variety of distributed energy devices in their homes. The company's technology enables the convergence of sectors such as mobility, heating, and renewable energy, also known as sector convergence or sector coupling, to aid in the achievement of full home electrification.
  • April 2022 - ABB and Samsung formed a strategic alliance to expand the integration of Samsung smart things into more homes and buildings. Samsung and ABB's integrated home energy management systems run high-impact energy applications like HVAC using more efficient usage models. Energy and power meters provide users with up-to-date information on energy costs, allowing them to strategize the appliances they use to reduce overall costs.

Europe Home Energy Management System Market Leaders

  1. Schneider Electric

  2. Eaton Corporation

  3. ABB Group

  4. GE Electric

  5. Honeywell International Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Europe Home Energy Management System Market Concentration
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Europe Home Energy Management System Market News

  • April 2022 - Enphase Energy increased its global manufacturing capacity by forming a partnership with manufacturer Flex in Timisoara, Romania, for its European base. The company increased its capacity due to a surge in demand for its products in Europe for self-consumption as the continent's energy crisis worsens, causing people to turn to residential solar PV, often paired with battery storage.
  • February 2022 - Eaton and LG Electronics have collaborated to provide flexible load management for renewable distributed energy applications. Eaton will integrate intelligent power management technology, such as smart breakers and EV chargers, with the LG ThinQ energy mobile app and LG energy management solutions to simplify load management in the home. Eaton's smart breakers are an important component of the home as part of a grid-based approach to the energy transition, providing insights and intelligent load control to help homeowners better manage and monitor their energy usage.
  • January 2022 - Schneider Electric, a leader in the digital transformation of energy management and automation, has launched Infrastructure of the Future, an integrated solution suite aimed at building smart, green infrastructure. Future integrated solutions' infrastructure includes interoperable software, such as EcoStruxure Microgrid Advisor. The EcoStruxure Microgrid Advisor is a demand-side energy management software platform that uses predictive algorithms to collect, forecast, and optimize the operation of distributed energy resources.

Europe Home Energy Management System Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Value Chain / Supply Chain Analysis
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry
  • 4.4 Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Rising Demand for Energy-efficient Solution
    • 5.1.2 Increasing Number of Connected Devices through Internet of Things
  • 5.2 Market Challenges
    • 5.2.1 High Initial Costs related to Deploying of Energy Management Systems

6. MARKET SEGMENTATION

  • 6.1 Component
    • 6.1.1 Hardware
    • 6.1.2 Software
    • 6.1.3 Services
  • 6.2 Product Type
    • 6.2.1 Lighting Controls
    • 6.2.2 Self-Monitoring Systems and Services
    • 6.2.3 Programmable Communicating Thermostats
    • 6.2.4 Advanced Central Controllers
    • 6.2.5 Intelligent HVAC Controller
  • 6.3 Technology
    • 6.3.1 ZigBee
    • 6.3.2 Wi-Fi
    • 6.3.3 Internet
    • 6.3.4 Z-Wave
    • 6.3.5 Others
  • 6.4 Country
    • 6.4.1 United Kingdom
    • 6.4.2 Germany
    • 6.4.3 France
    • 6.4.4 Spain
    • 6.4.5 Rest of Europe

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Schneider Electric
    • 7.1.2 Eaton Corporation
    • 7.1.3 ABB Group
    • 7.1.4 GE Electric
    • 7.1.5 Honeywell International Inc.
    • 7.1.6 Intel Corporation
    • 7.1.7 Panasonic Corporation
    • 7.1.8 Comcast Corporation
    • 7.1.9 EnergyHub, Inc.
    • 7.1.10 Johnson Controls International
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE MARKET OUTLOOK

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Europe Home Energy Management System Industry Segmentation

Home energy management systems are a comprehensive combination of hardware and software that allows consumers to track and manage the energy usage of the various electrical appliances in their homes. The home energy management system is made up of five distinct products that aid in the management and reduction of energy consumption. These devices include lighting controls; self-monitoring systems and services; programmable communicating thermostats; advanced central controllers; and intelligent HVAC controllers.

Also, Europe's home energy management system market is further segmented by components (hardware, software, services), technology (Z-Wave, ZigBee, Wi-Fi, Internet), and country. The report also provides an analysis of the impact of COVID-19 on the market.

Component Hardware
Software
Services
Product Type Lighting Controls
Self-Monitoring Systems and Services
Programmable Communicating Thermostats
Advanced Central Controllers
Intelligent HVAC Controller
Technology ZigBee
Wi-Fi
Internet
Z-Wave
Others
Country United Kingdom
Germany
France
Spain
Rest of Europe
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Europe Home Energy Management System Market Research FAQs

What is the current Europe Home Energy Management System Market size?

The Europe Home Energy Management System Market is projected to register a CAGR of 12.5% during the forecast period (2025-2030)

Who are the key players in Europe Home Energy Management System Market?

Schneider Electric, Eaton Corporation, ABB Group, GE Electric and Honeywell International Inc. are the major companies operating in the Europe Home Energy Management System Market.

What years does this Europe Home Energy Management System Market cover?

The report covers the Europe Home Energy Management System Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Home Energy Management System Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Europe Home Energy Management Systems Industry Report

Statistics for the 2025 Europe Home Energy Management System market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Home Energy Management System analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.