The global energy efficient devices market is expected to reach a market size of USD 1,771.70 Billion at a steady CAGR of 12.5% in 2028, according to latest analysis by Emergen Research. This steady revenue growth can be attributed to increasing need to reduce carbon footprint and steady shift towards utilization of renewable energy resources. Increasing oil prices, fuel shortages, and growing national competition for global energy supplies are other key factors driving demand for energy efficient devices. Increasing adoption of home energy management systems and smart meters in residential and commercial buildings is also boosting growth of the energy efficient devices market.
The Global Energy Efficient Devices Market Research Report published by Emergen Research is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.
You Can Download Free Sample PDF Copy of Energy Efficient Devices Market at https://www.emergenresearch.com/request-sample/507
Global Energy Efficient Devices Market – Overview:
The latest market intelligence report, titled ‘Global Energy Efficient Devices Market’, is intended to provide the target audience with the necessary information about the global Energy Efficient Devices industry. The report comprises a detailed analysis of the vital elements of the Energy Efficient Devices market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects.
Key Highlights of Report
- In May 2020, Honeywell International Inc. announced the launch of an integrated set of solutions named Honeywell’s Healthy Buildings solutions to help building owners improve the health of their building environment. Honeywell’s Healthy Buildings solutions feature two packages – indoor air quality and another on safety and security. The Honeywell healthy buildings Air Quality package monitors, manages, and controls key parameters to create a healthier built environment, while still managing energy efficiency.
- Residential application segment accounted for largest revenue share of 48.0% in 2020. Government initiatives on green building guidelines or the Energy Conservation Building Code (ECBC) are expected to drive adoption of energy efficient devices in residential buildings.
- Consumer electronics and appliances segment revenue is expected to expand at a rapid CAGR of 12.8% during the forecast period. Rising need to reduce electricity consumption and costs, and to increase energy security has been driving rising adoption of energy efficient consumer electronics and appliances.
Competitive Landscape:
The key players in the market are adopting various strategies such as mergers and acquisitions, product launches, partnerships, collaborations and brand promotions to retain their market position and enhance their product base. The report also sheds light on the market players in the global Energy Efficient Devices Market with important details about each market player such as its global position, financial standing, production and manufacturing capacity, license agreement, and business expansion plans.
Key Companies in the market include: General Electric, Cree Inc., Aclara Technologies LLC, Koninklijke Philips N.V., Honeywell International Inc., CG Power and Industrial Solutions, Osram Licht AG, Acuity Brands, Inc., Legrand, and Zumtobel Group.
We Have Recent Updates of Energy Efficient Devices Market in Sample Copy: https://www.emergenresearch.com/request-sample/507
The primary aim of the report is to offer precise information to the readers and investor and help them invest after understanding the market dynamics at glance. The report offers in depth information about the competitive landscape of the global Energy Efficient Devices Market with extensive profiling of each market player with its global position, financial standing, business expansion plans, and license agreement.
Regional Analysis:
The report sheds light on the region expected to dominate the Energy Efficient Devices market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Energy Efficient Devices market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
To know more about the report @ https://www.emergenresearch.com/industry-report/energy-efficient-devices-market
Emergen Research has segmented the global energy efficient devices market on the basis of applications, product type, and region:
- Applications Outlook (Revenue, USD Billion; 2021–2028)
- Commercial Application
- Residential Application
- Industrial Application
- Product Type Outlook (Revenue, USD Billion; 2021–2028)
- Consumer Electronics and Appliances
- Heating, Ventilation, and Air Conditioning (HVAC) Energy Efficient Devices
- Smart Lighting
- Smart Electric Meters
Purchase this report at an exclusively discounted rate @ https://www.emergenresearch.com/select-license/507
Table of Content
Chapter 1. Methodology & Sources
1.1. Energy Efficient Devices Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Energy Efficient Devices Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Energy Efficient Devices Market Segmentation & Impact Analysis
4.1. Energy Efficient Devices Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Energy Efficient Devices Market indicators analysis
4.2.2. Energy Efficient Devices Market drivers analysis
Key Questions Answered in the Report:
- What is the growth rate of the Energy Efficient Devices market? What is the anticipated market valuation of Energy Efficient Devices industry by 2028?
- What are the key growth driving and restraining factors of the Energy Efficient Devices market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Energy Efficient Devices industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
Continued…
Explore more Emergen Research Reports @
Ammunition Market @ https://www.emergenresearch.com/industry-report/ammunition-market
Light Weapons Market @ https://www.emergenresearch.com/industry-report/light-weapons-market
Industrial Control Systems Security Market @ https://www.emergenresearch.com/industry-report/industrial-control-systems-security-market
Biofuels Market @ https://www.emergenresearch.com/industry-report/biofuels-market
Hydroponics Market @ https://www.emergenresearch.com/industry-report/hydroponics-market
Heavy EVs and Industrial Equipment Charging Market @ https://www.emergenresearch.com/industry-report/heavy-evs-and-industrial-equipment-charging-market
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
