Authored by Martin Bäckman, Berg Insight | September 2024

This report provides market analysis of Home Energy Management Systems (HEMS) across Europe and North America. It defines HEMS as platforms integrating solar PV, battery storage, EV chargers, and appliances. Driven by rising energy prices and sustainability goals, installations are expected to grow from 2.8 million in 2023 to 13.4 million by 2028. The report includes competitive analysis of over 50 vendors and insights into evolving consumer energy habits.

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