Energy Efficient Devices Market Insights - Global Analysis and Forecast by (2020 - 2027)

Posted on Mar 11 2021 10:12 AM

"The global Energy Efficient Devices market size was valued at USD 690.52 Billion in 2020 and is expected to expand at a (CAGR) of 12.5% from 2020 to 2027. "

The latest market intelligence study on the Energy Efficient Devices market covers the performance of both the key vendors and new entrants for the forecast period, 2020 - 2027. Estimated value, profits, gross margin, spending power and consumption volume form an important part of the study that aims at offering the business owners, stakeholders, and marketing personnel a competitive edge over others. Importantly, the study discusses a lot about, the product application, classification and performance across different regions. The industry assessment report weighs upon the top performers and also the winning strategies that have enabled them to occupy a strong foothold in the Energy Efficient Devices market.

Scope of the Report:

The industry evaluation report offers a snapshot of the technology trends in the Energy Efficient Devices industry for the forecast period, 2020 - 2027. Projected data on intangible aspects such an import and export status, supply chain management, distribution channel, consumption capability and production capacity are explained through resources including tables, charts, and graphic images. Analysis of both the strengths and weaknesses of the key market players help business owners understand the strategies they should avoid and endorse.  

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Report Objectives

Examine the size of the global Energy Efficient Devices market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Energy Efficient Devices market.

Explore the underlying dynamics of the global Energy Efficient Devices market.

Highlight significant trends of the global Energy Efficient Devices market based on factors including, production, revenue, and sales.

Extensively profile top players of the global Energy Efficient Devices market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global Energy Efficient Devices market.

Forecast the market size and share of all segments and regions in the global landscape.

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.

North America accounted for largest revenue share contribution to the global energy efficient devices market in 2020. Government of various countries in the region are implementing new strategies to increase adoption of more energy-efficient appliances and equipment to mitigate climate change, reduce global energy demand, and improve access to renewable energy, which are key factors driving growth of the energy efficient devices market in the region.

Key players 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.

You Can Download Free Sample PDF Copy of Energy Efficient Devices Market at https://www.emergenresearch.com/request-sample/507

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

Regional Outlook (Revenue, USD Billion; 2021–2028)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

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Table of Content

Chapter 1. Methodology & Sources

    1.1. 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. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2028

Chapter 3. Key Insights

Chapter 4. Energy Efficient Devices Market Segmentation & Impact Analysis

Chapter 5. Energy Efficient Devices Market By Application Insights & Trends, Revenue (USD Billion)

Chapter 6. Energy Efficient Devices Market By Industries Insights & Trends Revenue (USD Billion)

Chapter 7. Energy Efficient Devices Market By Type Insights & Trends Revenue (USD Billion)

Chapter 8. Energy Efficient Devices Market Regional Outlook

Continued…