Energy Efficiency Market 2018 – By Analyzing the Performance of Various Competitors

Industry Outlook and Trend Analysis

The Energy Efficiency Market has encountered significant development over the recent years and is foreseen to grow tremendously over the forecast period. The term Energy efficiency implies making use of less energy to provide a similar level of energy. It is in this manner one technique to lessen human greenhouse gas emissions. For instance, if a house is insulated, less energy is used for heating and cooling to achieve a suitable temperature. Another technique is making use of fluorescent lights or skylights, rather than incandescent lights, to achieve a similar level of illumination. Energy efficiency is accomplished fundamentally by methods for a more effective technology or process. Energy efficient buildings, mechanical procedures and transportation could lessen the world’s vitality needs in 2050 by 33%, and help controlling worldwide emissions of greenhouse gases.

Drivers and Restraints

Energy consumption has increased significantly over the recent years. The advent new technology and applications has increased incredibly the amount of energy consumption in the recent years. This has brought about the major concern of depletion of resources and increased pollution bringing about several health issues which is one of the major factors driving the market. Energy efficiency is a method of controlling and managing this growth in consumption of energy, to secure wildlife habitats, safeguard the planet and ensure the saving of resources for future usage. The more energy that is consumed, the more carbon emissions are emitted into the environment and the more reserves of natural resources such as coal, oil and gas are depleted. This has brought about surging interest in the concept of energy efficiency, thereby boosting the growth of the market.

Market Segmentation

The Energy Efficiency Market is segmented on the basis of product type and application. Based on product type the market is segmented into Consumer Electronics and Appliances, Smart Lighting, Heating, Ventilation and Air Conditioning (HVAC) Energy Efficient Devices and Smart Electric Meters out of which the smart lighting segment is anticipated to develop at a significant CAGR over the forecast period owing to its benefits of saving electricity. Based on application the market is segmented into Commercial Application Vertical, Residential Application Vertical and Industrial Application Vertical out of which the industrial application segment dominates the market owing to the requirement o huge measures of resources and emission of harmful gasses.

Regional Outlook and Trend Analysis

Geographically, North America commanded the global market in 2015 owing to the presence of tech-savvy consumers. There has been a significant inclination towards energy efficiency globally. A more viable consumption of energy has been the main focus in North America, thereby boosting the market in the region. Moreover, supportive initiatives from regulatory bodies in the region have bolstered the growth of this market in the recent years. The APAC region is anticipated to grow substantially over the forecast period; nonetheless, the growth is sluggish due to lack of awareness.

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Competitive Insights

The leading players in the market are Honeywell, Schneider Electric, Osram, General Electric, Legrand, Aclara Software Inc, Samsung Electronics, Acuity Brands, Philips, Crompton Greaves, Itron, Cree Inc and Zumtobel Group. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Energy Efficiency Market is segmented as follows-

By Product Type:

  • Consumer Electronics and Appliances
  • Smart Lighting,
  • Heating, Ventilation and Air Conditioning (HVAC) Energy Efficient Devices
  • Smart Electric Meters

By Application:

  • Commercial Application Vertical
  • Residential Application Vertical
  • Industrial Application Vertical

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Southeast Asia
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Columbia
    • South Africa
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of MEA

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Table of Contents:

1. Introduction

1.1. Report Description

1.2. Research Methodology

1.2.1. Secondary Research

1.2.2. Primary Research

2. Executive Summary

2.1. Key Highlights

3. Market Overview

3.1. Introduction

3.1.1. Market Definition

3.1.2. Market Segmentation

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

4. Market Analysis by Regions

4.1. North America (United States, Canada and Mexico)

4.1.1. United States Market States and Outlook (2014-2023)

4.1.2. Canada Market States and Outlook (2014-2023)

4.1.3. Mexico Market States and Outlook (2014-2023)

4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

4.2.1. Germany Market States and Outlook (2014-2023)

4.2.2. France Market States and Outlook (2014-2023)

4.2.3. UK Market States and Outlook (2014-2023)

4.2.4. Russia Market States and Outlook (2014-2023)

4.2.5. Italy Market States and Outlook (2014-2023)

4.2.6. Rest of Europe Market States and Outlook (2014-2023)

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