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Global Home Energy Management Systems Market to Grow at a CAGR 25.0% Between 2013 and 2019: Transparency Market ResearchTransparency Market Research has announced the release of a report titled "Home Energy Management Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019". The global market of home energy management (HEM) systems was worth US$393.8 million in 2012 and will reach US$1,909.4 million in 2019, registering a CAGR of 25.0% between 2013 and 2019. Browse Report: http://www.transparencymarketresearch.com/home-energy-management-systems.html Factors driving the global HEM systems market include globally rising electricity prices that have prompted homeowners to adhere to various means of monitoring and controlling electricity use. Rising need for controlled energy utilization and conservation will also drive the global HEM systems market in the future years. Utilities and service providers have started offering flexible energy plans to homeowners, a trend that could positively influence cost-conscious consumers about HEM systems. Request Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1016 The report categorizes the global HEM systems market on the basis of functionality, technology, and geography. Chief functionalities of HEM systems studied by the report include user interface, enabling technologies, and control devices. Major technologies in the global HEM systems market studied by the report include ZigBee, Z-Wave, Wi-Fi, HomePlug (News - Alert), and others. In 2012, approximately 25.1% share of the HEM systems market was acquired by Wi-Fi based technology. However, the market segment ZigBee (News - Alert) is expected to become the largest HEM systems provider technology in the near future. Press Release: http://www.transparencymarketresearch.com/pressrelease/home-energy-management-systems.htm Amongst the various HEM system functionalities, the sectors power strips, home lighting systems, home automation systems, and thermostats acquired major share of demands presented before the global HEM systems market in 2012. By geography, North America led global HEM systems market in 2012, followed by Europe and Asia-Pacific HEM systems regional markets. Europe's HEM systems market is expected to grow at a CAGR of 26.2% during the forecast period. Other Report: Wire and Cable Market: http://www.transparencymarketresearch.com/south-africa-wire-cable-market.html About Us TMR is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR's exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.
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