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Global Energy Management System Market Size study, by Software by Device by Application by Solution by Vertical and Regional Forecasts 2021-2027

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Global Energy Management System Market Size study, by Software by Device by Application by Solution by Vertical and Regional Forecasts 2021-2027
Published: June 5, 2021 Content info:
Description

Global Energy Management System Market is valued approximately USD 64.60 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 18.8 % over the forecast period 2021-2027. An energy management system (EMS) is a computer-assisted tool that power system operators use to detect, regulate, and administer energy efficiently. An EMS's goal is to calculate power generation or demand that minimizes a specific goal, such as voltage profile, electrical failure, or environmental impact. Several organizations are grappling with the issue of lowering energy consumption. Energy management systems are projected to be more widely adopted in the mechanization of production as pressure to embrace sustainable energy solutions grows. Furthermore, energy management solutions assist businesses in reducing operational expenses and greenhouse gas emissions, which is projected to encourage investors to invest in energy management solutions, resulting in market growth. Microsoft Corporation of France, for example, has invested in Schneider Electric's energy management technology to enhance its surveillance efficiency while lowering its carbon emissions. Furthermore, the use of energy security solutions has resulted in a 30 percent reduction in power use. The rising demand for EMS solutions has been fueled by the rapid rise of well-organized commercial and healthcare sectors. Furthermore, due to the quick introduction of novel products such as multi-network SCADA integration and other similar technologies, investments in these sectors are likely to expand. However, commuting needs have decreased as a result of remote working trends, resulting in lower carbon emissions. According to study published in April 2020, global CO2 emissions are expected to decrease by 2.6 gigatonnes, or 8%, in 2020. As a result, the adoption of EMS has been slowed due to lower community environmental consequences. As a result, the market has been hampered mostly by commuting requirements. Renewable energy sources such as solar, nuclear, wind, biogas, and hydro power are becoming increasingly popular, presenting prospects for the worldwide energy management system industry. Furthermore, energy management systems may save a significant amount of energy while remaining cost-effective, which is expected to be a major development factor for the market.

North America market is predicted to hold the highest share in the market owing to radically altering energy regulations and rising investment in renewable energy sources in the U.S. The market is expected to grow further due to the growing acceptance and utilisation of renewable energy among countries in the North American region. According to research, renewable energy sources account for 8% of total primary energy consumption in the United States as of 2019. Various industry behemoths are increasing their investments in advanced energy management systems in order to cut down on energy waste, which is foreseen to boost the market growth in the region. Growing attempts to promote the use of renewable energy in emerging economies, such as subsidizing for solar farms, are expected to boost market growth in the Asia Pacific area.

Major market player included in this report are:

Honeywell Inc.

Schneider Electric

Siemens AG

C3 Energy

General Electric Company

Emerson Process Management

Daikin Industries

Daintree Networks

Jones Lang LaSalle

Gridpoint Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Software:

Utility EMS

Industrial EMS

Residential EMS

Enterprise Carbon and Energy Management

Other

By Device:

In-House Display

Smart Thermostats

Smart Plugs

Load Control Switches

By Application:

Home Energy Management

Building Energy Management

By Solution:

Carbon Energy Management

Demand Response Management

Utility Billing and Customer Information System

By Vertical:

Power and Energy

Telecom and IT

Manufacturing

Office and Commercial Buildings

Municipal

University

Schools

Hospitals

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027

Target Audience of the Global Energy Management System Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1.Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. Energy Management Systems Market, by Region, 2019-2027 (USD Billion)
    • 1.2.2. Energy Management Systems Market, by Software, 2019-2027 (USD Billion)
    • 1.2.3. Energy Management Systems Market, by Device, 2019-2027 (USD Billion)
    • 1.2.4. Energy Management Systems Market, by Application, 2019-2027 (USD Billion)
    • 1.2.5. Energy Management Systems Market, by Solution, 2019-2027 (USD Billion)
    • 1.2.6. Energy Management Systems Market, by Vertical, 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Energy Management Systems Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Energy Management Systems Market Dynamics

  • 3.1. Energy Management Systems Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increasing investments in energy management systems
      • 3.1.1.2. Widespread adoption of sustainable energy solutions
      • 3.1.1.3. Reduction in operational expenses
    • 3.1.2. Market Challenges
      • 3.1.2.1. Reduced commuting requirements
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Cost effectiveness

Chapter 4. Global Energy Management Systems Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Energy Management Systems Market, by Software

  • 5.1. Market Snapshot
  • 5.2. Global Energy Management Systems Market by Software, Performance - Potential Analysis
  • 5.3. Global Energy Management Systems Market Estimates & Forecasts by Software 2018-2027 (USD Billion)
  • 5.4. Energy Management Systems Market, Sub Segment Analysis
    • 5.4.1. Utility EMS
    • 5.4.2. Industrial EMS
    • 5.4.3. Residential EMS
    • 5.4.4. Enterprise Carbon and Energy Management
    • 5.4.5. Others

Chapter 6. Global Energy Management Systems Market, by Device

  • 6.1. Market Snapshot
  • 6.2. Global Energy Management Systems Market by Device, Performance - Potential Analysis
  • 6.3. Global Energy Management Systems Market Estimates & Forecasts by Device 2018-2027 (USD Billion)
  • 6.4. Energy Management Systems Market, Sub Segment Analysis
    • 6.4.1. In-House Display
    • 6.4.2. Smart Thermostats
    • 6.4.3. Smart Plugs
    • 6.4.4. Load Control Switches

Chapter 7. Global Energy Management Systems Market, by Application

  • 7.1. Market Snapshot
  • 7.2. Global Energy Management Systems Market by Application, Performance - Potential Analysis
  • 7.3. Global Energy Management Systems Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
  • 7.4. Energy Management Systems Market, Sub Segment Analysis
    • 7.4.1. Home Energy Management
    • 7.4.2. Building Energy Management

Chapter 8. Global Energy Management Systems Market, by Solution

  • 8.1. Market Snapshot
  • 8.2. Global Energy Management Systems Market by Solution, Performance - Potential Analysis
  • 8.3. Global Energy Management Systems Market Estimates & Forecasts by Solution 2018-2027 (USD Billion)
  • 8.4. Energy Management Systems Market, Sub Segment Analysis
    • 8.4.1. Carbon Energy Management
    • 8.4.2. Demand Response Management
    • 8.4.3. Utility Billing and Customer Information System

Chapter 9. Global Energy Management Systems Market, by Vertical

  • 9.1. Market Snapshot
  • 9.2. Global Energy Management Systems Market by Vertical , Performance - Potential Analysis
  • 9.3. Global Energy Management Systems Market Estimates & Forecasts by Vertical 2018-2027 (USD Billion)
  • 9.4. Energy Management Systems Market, Sub Segment Analysis
    • 9.4.1. Power and Energy
    • 9.4.2. Telecom and IT
    • 9.4.3. Manufacturing
    • 9.4.4. Office and Commercial Buildings
    • 9.4.5. Municipals
    • 9.4.6. University
    • 9.4.7. Schools
    • 9.4.8. Hospitals

Chapter 10. Global Energy Management Systems Market, Regional Analysis

  • 10.1. Energy Management Systems Market, Regional Market Snapshot
  • 10.2. North America Energy Management Systems Market
    • 10.2.1. U.S. Energy Management Systems Market
      • 10.2.1.1. Software breakdown estimates & forecasts, 2018-2027
      • 10.2.1.2. Device breakdown estimates & forecasts, 2018-2027
      • 10.2.1.3. Application breakdown estimates & forecasts, 2018-2027
      • 10.2.1.4. Solution breakdown estimates & forecasts, 2018-2027
      • 10.2.1.5. Vertical breakdown estimates & forecasts, 2018-2027
    • 10.2.2. Canada Energy Management Systems Market
  • 10.3. Europe Energy Management Systems Market Snapshot
    • 10.3.1. U.K. Energy Management Systems Market
    • 10.3.2. Germany Energy Management Systems Market
    • 10.3.3. France Energy Management Systems Market
    • 10.3.4. Spain Energy Management Systems Market
    • 10.3.5. Italy Energy Management Systems Market
    • 10.3.6. Rest of Europe Energy Management Systems Market
  • 10.4. Asia-Pacific Energy Management Systems Market Snapshot
    • 10.4.1. China Energy Management Systems Market
    • 10.4.2. India Energy Management Systems Market
    • 10.4.3. Japan Energy Management Systems Market
    • 10.4.4. Australia Energy Management Systems Market
    • 10.4.5. South Korea Energy Management Systems Market
    • 10.4.6. Rest of Asia Pacific Energy Management Systems Market
  • 10.5. Latin America Energy Management Systems Market Snapshot
    • 10.5.1. Brazil Energy Management Systems Market
    • 10.5.2. Mexico Energy Management Systems Market
  • 10.6. Rest of The World Energy Management Systems Market

Chapter 11. Competitive Intelligence

  • 11.1. Top Market Strategies
  • 11.2. Company Profiles
    • 11.2.1. Honeywell Inc
      • 11.2.1.1. Key Information
      • 11.2.1.2. Overview
      • 11.2.1.3. Financial (Subject to Data Availability)
      • 11.2.1.4. Product Summary
      • 11.2.1.5. Recent Developments
    • 11.2.2. Schneider Electric
    • 11.2.3. Siemens AG
    • 11.2.4. C3 Energy
    • 11.2.5. General Electric Company
    • 11.2.6. Emerson Process Management
    • 11.2.7. Daikin Industries
    • 11.2.8. Daintree Networks
    • 11.2.9. Jones Lang LaSalle
    • 11.2.10. Gridpoint Inc.

Chapter 12. Research Process

  • 12.1. Research Process
    • 12.1.1. Data Mining
    • 12.1.2. Analysis
    • 12.1.3. Market Estimation
    • 12.1.4. Validation
    • 12.1.5. Publishing
  • 12.2. Research Attributes
  • 12.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Energy Management Systems market, report scope
  • TABLE 2. Global Energy Management Systems market estimates & forecasts by Region 2018-2027 (USD Billion)
  • TABLE 3. Global Energy Management Systems market estimates & forecasts by Software 2018-2027 (USD Billion)
  • TABLE 4. Global Energy Management Systems market estimates & forecasts by Device 2018-2027 (USD Billion)
  • TABLE 5. Global Energy Management Systems market estimates & forecasts by Application 2018-2027 (USD Billion)
  • TABLE 6. Global Energy Management Systems market estimates & forecasts by Solution 2018-2027 (USD Billion)
  • TABLE 7. Global Energy Management Systems market estimates & forecasts by Vertical 2018-2027 (USD Billion)
  • TABLE 8. Global Energy Management Systems market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global Energy Management Systems market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global Energy Management Systems market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global Energy Management Systems market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global Energy Management Systems market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Global Energy Management Systems market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 14. Global Energy Management Systems market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 15. Global Energy Management Systems market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. Global Energy Management Systems market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 17. Global Energy Management Systems market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 18. U.S. Energy Management Systems market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 19. U.S. Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 20. U.S. Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 21. Canada Energy Management Systems market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 22. Canada Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 23. Canada Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 24. UK Energy Management Systems market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 25. UK Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 26. UK Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 27. Germany Energy Management Systems market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 28. Germany Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 29. Germany Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 30. RoE Energy Management Systems market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 31. RoE Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 32. RoE Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 33. China Energy Management Systems market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 34. China Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 35. China Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 36. India Energy Management Systems market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 37. India Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 38. India Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 39. Japan Energy Management Systems market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 40. Japan Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 41. Japan Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 42. RoAPAC Energy Management Systems market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 43. RoAPAC Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 44. RoAPAC Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 45. Brazil Energy Management Systems market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 46. Brazil Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 47. Brazil Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 48. Mexico Energy Management Systems market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 49. Mexico Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 50. Mexico Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 51. RoLA Energy Management Systems market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 52. RoLA Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 53. RoLA Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 54. Row Energy Management Systems market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 55. Row Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 56. Row Energy Management Systems market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 57. List of secondary sources, used in the study of global Energy Management Systems market
  • TABLE 58. List of primary sources, used in the study of global Energy Management Systems market
  • TABLE 59. Years considered for the study
  • TABLE 60. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Energy Management Systems market, research methodology
  • FIG 2. Global Energy Management Systems market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Energy Management Systems market, key trends 2020
  • FIG 5. Global Energy Management Systems market, growth prospects 2021-2027
  • FIG 6. Global Energy Management Systems market, porters 5 force model
  • FIG 7. Global Energy Management Systems market, pest analysis
  • FIG 8. Global Energy Management Systems market, value chain analysis
  • FIG 9. Global Energy Management Systems market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global Energy Management Systems market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global Energy Management Systems market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global Energy Management Systems market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global Energy Management Systems market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global Energy Management Systems market, regional snapshot 2018 & 2027
  • FIG 15. North America Energy Management Systems market 2018 & 2027 (USD Billion)
  • FIG 16. Europe Energy Management Systems market 2018 & 2027 (USD Billion)
  • FIG 17. Asia pacific Energy Management Systems market 2018 & 2027 (USD Billion)
  • FIG 18. Latin America Energy Management Systems market 2018 & 2027 (USD Billion)
  • FIG 19. Global Energy Management Systems market, company market share analysis (2020)
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