An Energy Management System is a system of computer-aided tools utilized to control, monitor, and optimize the performance of the transmission or generation system. In layman's term, it is a database of information related to usage of financial data, energy resources, and other essential factors that aid organizations in controlling, monitoring, and analyzing operations. EMS is used by large enterprises to monitor and track energy usage in their facilities. EMS software helps to assess and build operator's energy consumption targets, analyze consumption trends, and identify and validate opportunities for energy efficient programs, in order to minimize operational and energy costs. Currently, enterprises are required to monitor and analyze their performance in a number of ways.
The Global Energy Management System (EMS) Market was valued at US$ 37.8 Bn in 2021 and is expected grow at a CAGR of 15.9% during the forecast period (2022-2030).
Market Dynamics
An Energy Management System (EMS) is a system of computer-aided tools utilized to control, monitor, and optimize the performance of the transmission or generation system. An energy management system is a database of information that deals with energy usage, resources, financial data, and other essential factors that assist organizations in monitoring, analyzing, and controlling applications. The data analyzed in this process can be historical or can be real-time. EMS is typically used by large enterprises to track and monitor the energy usage in their facilities. It helps enterprises to assess and build energy consumption targets, analyze consumption trends, and identify and validate opportunities for energy efficient programs, in order to minimize operational and energy costs. Furthermore, maintaining environmental sustainability has become a worldwide concern, which has compelled investors, customers, and suppliers to take decisive steps regarding environmental sustainability. The EMS help enterprises in minimizing greenhouse gas emission, which in turn, is expected to support organizations to invest in energy management solutions, thereby driving growth of the market.
Key features of the study:
- This report provides an in-depth analysis of Global Energy Management System (EMS) Market with market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022 to 2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the Global Energy Management System (EMS) Market with market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Companies covered as a part of this study include Schneider Electric SE, Asea Brown Boveri (ABB) Ltd, Eaton Corporation PLC, Cisco Systems, Inc., CA Technologies, General Electric Company, Emerson Process Management, Honeywell International Inc., Siemens AG, International Business Machine Corporation
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- The Global Energy Management System (EMS) Market with market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global Energy Management System (EMS) Market.
Detailed Segmentation
- Global Energy Management System (EMS) Market, By Deployment:
- Global Energy Management System (EMS) Market, By Vertical:
- Automotive
- Building Automation
- Oil & Gas
- Manufacturing
- Pharmaceutical
- Power and Energy
- Others (Food & Beverages, Government, etc.)
- Global Energy Management System (EMS) Market, By Software:
- Utility Energy Management
- Industrial Energy Management
- Enterprise Carbon and Energy Management
- Residential Energy Management
- Global Energy Management System (EMS) Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- Italy
- U.K.
- France
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
- Company Profiles
- Schneider Electric SE
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Asea Brown Boveri (ABB) Ltd.
- Eaton Corporation PLC
- Cisco Systems, Inc.
- CA Technologies
- General Electric Company
- Emerson Process Management
- Honeywell International, Inc.
- Siemens AG
- International Business Machine Corporation
"*" marked represents similar segmentation in other categories in the respective section.