Energy Management - Worldwide | Statista Market Forecast

Revenue in the Energy Management segment is projected to reach US$9.95bn in 2022.
Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 13.25%, resulting in a projected market volume of US$16.37bn by 2026.
In the Energy Management segment, the number of active households is expected to amount to 345.8m users by 2026.
Household penetration will be 5.4% in 2022 and is expected to hit 15.0% by 2026.
The average revenue per installed Smart Home currently is expected to amount to US$85.34.
A global comparison reveals that most revenue is generated in the United States (US$3,088.00m in 2022).

The Smart Home segment Energy Management covers the sale of products and services for the control and reduction of energy consumption (e.g. automated heating control and timers) as well as connected sensors (e.g. temperature, sunlight, and precipitation sensors).
Networked light bulbs (see Comfort & Lighting) and smart sockets/plugs (see Control & Connectivity) are not included. Unlike in previous releases, smart plugs are no longer part of this segment but can now be found in the Control & Connectivity segment. Smart Meters are not part of our Smart Home market.

in-scope

Digitally connected and controlled devices for energy saving
Thermostats, radiator controls, temperature/wind/humidity sensors with connection to a broader smart home
Weather forecast services with connection to a broader smart home

out-of-scope

Bulbs, window and door sensors (see Comfort & Lighting)
Connected household appliances (see Smart Appliances)
B2B/C2C sales of any kind (e.g. to hotels or office buildings)

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