Market Share of Asia-Pacific Home Energy Management System Industry
The Asia-Pacific home energy management system market is semi-consolidated, with various international players such as IBM, Honeywell, Schneider Electric, Rockwell Automation, and General Electric Company. The players in the market are launching products with technological developments and collaborating with different governments and firms to increase their market share. Some of the recent developments are:
In July 2023, Amazon launched a new affordable Echo smart speaker in India. The Echo Pop smart speaker comes with a unique semi-sphere design and support for Alexa. The smart speaker is now available on the Amazon website, Croma, Reliance Digital, Poorvika, and Amazon devices kiosks across India.
In November 2022, Schneider Electric, the international energy management and automation player, announced that its Wiser Gateway and Wiser Smart Plug are among the foremost products in the world to acquire Matter certification, furthering the company's complete home energy management offering.
Asia-Pacific Home Energy Management System Market Leaders
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IBM Corporation
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Panasonic Corporation
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General Electric Company
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Schneider Electric
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Honeywell International Inc.
*Disclaimer: Major Players sorted in no particular order
