Power Management System Market by Type, Module, End-User and Region

Description

The global power management system market is estimated to grow from USD 5.8 Billion in 2023 to USD 7.5 Billion by 2028; it is expected to record a CAGR of 5.4% during the forecast period. The growing demand for improving the power reliability in the industries worldwide is driving the growth for the market.

"Marine: The largest segment of the power management system market, by end user industry"

Based on end user industry, the Power management system market has been split into three types Oil & Gas, Marine, Chemical & Petrochemical, Paper & Pulp, Metals & Mining, Utilities, Data Centre, and Others. The marine industry can reap numerous benefits by implementing power management systems (PMS). These advanced technologies and solutions enable more efficient and effective control, monitoring, and optimization of electrical power on board ships and vessels.

"Hardware segment is the second largest segment based on Type in the market"

By type, the Power management system market has been segmented into hardware, software, and services. The hardware segment in the power management system (PMS) refers to the physical components and devices that are used to facilitate the control, monitoring, and distribution of electrical power in various applications. The hardware segment encompasses a diverse range of equipment and devices, each serving specific functions in managing electrical power.

South America is expected to be the fastest-growing region in the power management system market

South America is expected to be the fastest-growing Power management system market during the forecast period. According to the World Bank, the power demand in South America is expected to reach 2,500 TWh between 2008 and 2030. The government plans to scale renewable sources of energy such as wind, solar, and biomass-based electricity to generate power. These factors are set to create favorable conditions for the expansion of the power management system market, supporting increased demand and market opportunities.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 35%, Tier 2- 45%, and Tier 3- 20%

By Designation: C-Level- 35%, Director Levels- 25%, and Others- 40%

By Region: North America- 40%, Asia Pacific- 30%, Europe- 20%, the Middle East & Africa- 5%, and South America- 5%

Note: Others include product engineers, product specialists, and engineering leads.

Note: The tiers of the companies are defined on the basis of their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

The Power management system market is dominated by a few major players that have a wide regional presence. The leading players in the power management system market are ABB (Switzerland), Siemens (Germany), Schneider Electric (US), General Electric (US), Emerson Electric (US).

Research Coverage:

The report defines, describes, and forecasts the global power management systemmarket, by component, power source, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the Power management system market.

Key Benefits of Buying the Report

Increasing demand for energy efficiency, Rising installation of renewable in industries are some of the main factors driving the Power management system market. Factors such as Risk to data security still restrain the market. Rise in distributed power generation, Growth in the North American oil & gas sector and increase in offshore support vessels, creating opportunities in the power management system market to grow. Lack of compatibility with legacy power networks and equipment is the major challenge faced by countries under Power management system development.
Product Development/ Innovation: ABB and Microsoft are partnering to incorporate generative AI capabilities into industrial digital solutions, with the goal of achieving safer, smarter, and more sustainable operations. This collaboration focuses on integrating Copilot capabilities to facilitate user interaction with ABB Ability™ Genix Industrial Analytics and AI Suite, as well as its applications. The aim is to enhance the value of contextualized data, leading to increased efficiency and sustainability benefits.
Market Development: . The power management system finds application in several industries including power generation, oil & gas, and chemicals and pharmaceuticals. The region plays a vital role in the global energy market. After the Fukushima disaster, most of the countries such as China, India, South Korea, and Japan are focusing on expanding their energy market. Rapid industrialization and urbanization is one of the key factors driving the power management system market in the region. Also, the rapid growth of data centers coupled with the growth of IT hubs and commercial sectors such as malls and hospitals is driving the power management system market in the region.
Market Diversification: In India, Schneider Electric has introduced EcoStruxure Service Plans, a fresh service offering. The objective of this launch is to provide comprehensive packages accompanied by robust digital services customized to meet specific customer requirements. With this new service offering, Schneider Electric aims to enhance its customers' maintenance budgets by up to 40% and reduce the risk of electrical failures by up to 75% on connected equipment.
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like ABB (Switzerland), Siemens (Germany), Schneider Electric (US), General Electric (US), Emerson Electric (US) among others in the Power management system market

Product Code: EP 5881

1 INTRODUCTION

1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
- 1.3.1 MARKET SEGMENTATION
- 1.3.2 REGIONAL SCOPE
- 1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
- FIGURE 1 POWER MANAGEMENT SYSTEM MARKET: RESEARCH DESIGN
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
- 2.2.1 SECONDARY DATA
- 2.2.2 PRIMARY DATA
  - 2.2.2.1 Key data from primary sources
  - 2.2.2.2 Key industry insights
  - 2.2.2.3 Breakdown of primaries
- FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, & REGION
2.3 STUDY SCOPE
- FIGURE 3 MAIN METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR POWER MANAGEMENT SYSTEMS
2.4 MARKET SIZE ESTIMATION
- FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
- FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
- 2.4.1 DEMAND-SIDE ANALYSIS
  - 2.4.1.1 Regional analysis
  - 2.4.1.2 Country-level analysis
  - 2.4.1.3 Assumptions for demand-side analysis
  - 2.4.1.4 Calculations for demand-side analysis
- 2.4.2 SUPPLY-SIDE ANALYSIS
- FIGURE 6 KEY STEPS CONSIDERED TO ASSESS SUPPLY-SIDE OF ENERGY MANAGEMENT SYSTEMS
- FIGURE 7 POWER MANAGEMENT SYSTEM MARKET: SUPPLY-SIDE ANALYSIS
  - 2.4.2.1 Calculations for supply-side analysis
  - 2.4.2.2 Assumptions for supply-side analysis
- FIGURE 8 COMPANY REVENUE ANALYSIS, 2022
2.5 RESEARCH ASSUMPTIONS
- 2.5.1 FORECAST
2.6 RISK ASSESSMENT
2.7 RECESSION IMPACT

3 EXECUTIVE SUMMARY

TABLE 1 POWER MANAGEMENT SYSTEM MARKET SNAPSHOT
FIGURE 9 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR POWER MANAGEMENT SYSTEMS FROM 2023 TO 2028
FIGURE 10 SOFTWARE SEGMENT TO HOLD LARGEST SHARE OF POWER MANAGEMENT SYSTEM MARKET, BY TYPE, IN 2028
FIGURE 11 MARINE SEGMENT TO DOMINATE POWER MANAGEMENT SYSTEM MARKET, BY END-USER INDUSTRY, IN 2023
FIGURE 12 POWER MONITORING & CONTROL SEGMENT TO CAPTURE LARGEST SHARE OF POWER MANAGEMENT SYSTEM MARKET, BY MODULE, THROUGHOUT FORECAST PERIOD

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN POWER MANAGEMENT SYSTEM MARKET
- FIGURE 13 RISING ADOPTION OF RENEWABLE ENERGY SOURCES TO GENERATE ELECTRICITY TO DRIVE MARKET
4.2 POWER MANAGEMENT SYSTEM MARKET IN NORTH AMERICA, BY END-USER INDUSTRY AND COUNTRY
- FIGURE 14 OIL & GAS INDUSTRY AND US DOMINATED POWER MANAGEMENT SYSTEM MARKET IN NORTH AMERICA IN 2022
4.3 POWER MANAGEMENT SYSTEM MARKET, BY TYPE
- FIGURE 15 SOFTWARE SEGMENT TO HOLD LARGEST MARKET SHARE IN 2028
4.4 POWER MANAGEMENT SYSTEM MARKET, BY MODULE
- FIGURE 16 POWER MONITORING & CONTROL SEGMENT TO CAPTURE MAJORITY OF MARKET SHARE IN 2028
4.5 POWER MANAGEMENT SYSTEM MARKET, BY END-USER INDUSTRY
- FIGURE 17 OIL & GAS INDUSTRY TO LEAD POWER MANAGEMENT SYSTEM MARKET IN 2028

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MARKET DYNAMICS
- FIGURE 18 POWER MANAGEMENT SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
- 5.2.1 DRIVERS
  - 5.2.1.1 Increasing demand for energy-efficient equipment across several industries
- TABLE 2 GLOBAL ENERGY PERFORMANCE STANDARDS
  - 5.2.1.2 Rising adoption of renewable sources to reduce energy costs
- TABLE 3 AVERAGE COST OF DEPLOYMENT, BY TECHNOLOGY, 2015 VS. 2025
  - 5.2.1.3 Growing implementation of Iot and cloud-based platforms
- 5.2.2 RESTRAINTS
  - 5.2.2.1 Data security issues in cloud-based power management systems
- FIGURE 19 ATTACK VECTOR PERCENTAGE FOR CLOUD-BASED POWER MANAGEMENT SYSTEMS
- 5.2.3 OPPORTUNITIES
  - 5.2.3.1 Rising use of distributed power generation
  - 5.2.3.2 Increasing investments in offshore support vessel production
- 5.2.4 CHALLENGES
  - 5.2.4.1 Incompatibility of older power networks with new equipment
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- 5.3.1 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR POWER MANAGEMENT SYSTEM MANUFACTURERS
- FIGURE 20 NEW REVENUE POCKETS FOR PLAYERS IN ECOSYSTEM
5.4 ECOSYSTEM MAPPING
- FIGURE 21 POWER MANAGEMENT SYSTEM MARKET MAPPING
- TABLE 4 ROLE OF PLAYERS IN ECOSYSTEM
5.5 VALUE CHAIN ANALYSIS
- FIGURE 22 POWER MANAGEMENT SYSTEMS MARKET: VALUE CHAIN ANALYSIS
- 5.5.1 RAW MATERIAL PROVIDERS/SUPPLIERS
- 5.5.2 COMPONENT MANUFACTURERS
- 5.5.3 POWER MANAGEMENT SYSTEM MANUFACTURERS/ASSEMBLERS
- 5.5.4 DISTRIBUTORS/END-USER INDUSTRIES
- 5.5.5 POST-SALES SERVICE PROVIDERS
5.6 AVERAGE SELLING PRICE (ASP) ANALYSIS
- TABLE 5 PRICING ANALYSIS OF POWER MONITORING DEVICES
5.7 PORTER'S FIVE FORCES ANALYSIS
- FIGURE 23 PORTER'S FIVE FORCES ANALYSIS FOR POWER MANAGEMENT SYSTEM MARKET
- TABLE 6 POWER MANAGEMENT SYSTEM MARKET: PORTER'S FIVE FORCES ANALYSIS
- 5.7.1 THREAT OF SUBSTITUTES
- 5.7.2 BARGAINING POWER OF SUPPLIERS
- 5.7.3 BARGAINING POWER OF BUYERS
- 5.7.4 THREAT OF NEW ENTRANTS
- 5.7.5 INTENSITY OF COMPETITIVE RIVALRY
5.8 KEY STAKEHOLDERS AND BUYING CRITERIA
- 5.8.1 KEY STAKEHOLDERS IN BUYING PROCESS
- FIGURE 24 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USER INDUSTRIES
- TABLE 7 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USER INDUSTRIES
5.9 BUYING CRITERIA
- FIGURE 25 IMPACT OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END-USER INDUSTRIES
- TABLE 8 KEY BUYING CRITERIA FOR TOP 3 END-USER INDUSTRIES

6 POWER MANAGEMENT SYSTEM MARKET, BY MODULE

6.1 INTRODUCTION
- FIGURE 26 POWER MONITORING & CONTROL MODULES LED POWER MANAGEMENT SYSTEM MARKET IN 2022
- TABLE 9 POWER MANAGEMENT SYSTEM MARKET, BY MODULE, 2021-2028 (USD MILLION)
6.2 POWER MONITORING & CONTROL
- 6.2.1 INCREASING ADOPTION OF POWER MONITORING & CONTROL MODULES BY ENERGY-INTENSIVE INDUSTRIES TO DRIVE MARKET
- TABLE 10 POWER MONITORING & CONTROL: POWER MANAGEMENT SYSTEM MARKET, BY END-USER INDUSTRY, 2021-2028 (USD MILLION)
6.3 LOAD SHEDDING & MANAGEMENT
- 6.3.1 RISING USE OF LOAD SHEDDING & MANAGEMENT MODULES TO OPTIMIZE LOAD DISTRIBUTION TO FUEL MARKET GROWTH
- TABLE 11 LOAD SHEDDING & MANAGEMENT: POWER MANAGEMENT SYSTEM MARKET, BY END-USER INDUSTRY, 2021-2028 (USD MILLION)
6.4 ENERGY COST ACCOUNTING
- 6.4.1 GROWING FOCUS ON CALCULATING AND OPTIMIZING ENERGY COSTS TO INCREASE DEMAND FOR ENERGY COST ACCOUNTING MODULES
- TABLE 12 ENERGY COST ACCOUNTING: POWER MANAGEMENT SYSTEM MARKET, BY END-USER INDUSTRY, 2021-2028 (USD MILLION)
6.5 SWITCHING & SAFETY MANAGEMENT
- 6.5.1 INCREASING DEPLOYMENT OF SWITCHING & SAFETY MANAGEMENT MODULES TO AUTOMATE FAULT DETECTION AND OTHER SAFETY FUNCTIONS TO FUEL MARKET GROWTH
- TABLE 13 SWITCHING & SAFETY MANAGEMENT: POWER MANAGEMENT SYSTEM MARKET, BY END-USER INDUSTRY, 2021-2028 (USD MILLION)
6.6 POWER SIMULATION SYSTEM
- 6.6.1 RISING USE OF POWER SIMULATORS TO PERFORM HARMONICS SIMULATION AND RELIABILITY ASSESSMENT FUNCTIONS TO CONTRIBUTE TO MARKET GROWTH
- TABLE 14 POWER SIMULATION SYSTEM: POWER MANAGEMENT SYSTEM MARKET, BY END-USER INDUSTRY, 2021-2028 (USD MILLION)
6.7 GENERATOR CONTROL
- 6.7.1 SURGING ADOPTION OF GENERATOR CONTROL MODULES FOR GENERATOR PROTECTION AND FUEL OPTIMIZATION TO SUPPORT MARKET GROWTH
- TABLE 15 GENERATOR CONTROL: POWER MANAGEMENT SYSTEM MARKET, BY END-USER INDUSTRY, 2021-2028 (USD MILLION)
6.8 DATA HISTORIAN
- 6.8.1 INCREASING ADOPTION OF DATA HISTORIAN MODULES TO MANAGE VAST DATA VOLUMES IN POWER MANAGEMENT SYSTEMS TO DRIVE MARKET
- TABLE 16 DATA HISTORIAN: POWER MANAGEMENT SYSTEM MARKET, BY END-USER INDUSTRY, 2021-2028 (USD MILLION)
6.9 OTHER MODULES
- TABLE 17 OTHER MODULES: POWER MANAGEMENT SYSTEM MARKET, BY END-USER INDUSTRY, 2021-2028 (USD MILLION)

7 POWER MANAGEMENT SYSTEM MARKET, BY TYPE

7.1 INTRODUCTION
- FIGURE 27 SOFTWARE SEGMENT DOMINATED POWER MANAGEMENT SYSTEM MARKET IN 2022
- TABLE 18 POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
7.2 HARDWARE
- 7.2.1 RETROFITTING OF OLDER MANUFACTURING PLANTS AND MARINE VESSELS TO BOOST DEMAND FOR HARDWARE PRODUCTS
- TABLE 19 HARDWARE: POWER MANAGEMENT SYSTEM MARKET, BY REGION, 2021-2028 (USD MILLION)
7.3 SOFTWARE
- 7.3.1 UTILIZATION OF SOFTWARE TO CONFIGURE POWER SETTINGS AND AUTOMATE ENERGY-SAVING FEATURES TO DRIVE SEGMENTAL GROWTH
- TABLE 20 SOFTWARE: POWER MANAGEMENT SYSTEM MARKET, BY REGION, 2021-2028 (USD MILLION)
7.4 SERVICES
- 7.4.1 INCREASED DEMAND FOR CUSTOMIZED POWER MANAGEMENT SOLUTIONS TO CREATE OPPORTUNITIES FOR SERVICE PROVIDERS
- TABLE 21 SERVICES: POWER MANAGEMENT SYSTEM MARKET, BY REGION, 2021-2028 (USD MILLION)

8 POWER MANAGEMENT SYSTEM MARKET, BY REGION

8.1 INTRODUCTION
- FIGURE 28 ASIA PACIFIC TO RECORD HIGHEST CAGR IN POWER MANAGEMENT SYSTEM MARKET DURING FORECAST PERIOD
- FIGURE 29 NORTH AMERICA COMMANDED POWER MANAGEMENT SYSTEM MARKET IN 2022
- TABLE 22 POWER MANAGEMENT SYSTEM MARKET, BY REGION, 2021-2028 (USD MILLION)
8.2 NORTH AMERICA
- 8.2.1 RECESSION IMPACT ON MARKET IN NORTH AMERICA
- FIGURE 30 NORTH AMERICA: MARKET SNAPSHOT
- 8.2.2 BY TYPE
- TABLE 23 NORTH AMERICA: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
- 8.2.3 BY END-USER INDUSTRY
- TABLE 24 NORTH AMERICA: POWER MANAGEMENT SYSTEM MARKET, BY END-USER, 2021-2028 (USD MILLION)
- 8.2.4 BY COUNTRY
- TABLE 25 NORTH AMERICA: POWER MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2021-2028 (USD MILLION)
  - 8.2.4.1 US
    - 8.2.4.1.1 Utilization of wind and solar energy to generate electricity to boost demand for power management systems
- TABLE 26 US: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.2.4.2 Mexico
    - 8.2.4.2.1 Oil & gas and metals & mining industries to contribute significantly to market growth
- TABLE 27 MEXICO: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.2.4.3 Canada
    - 8.2.4.3.1 Focus of government on modernization of grid infrastructure to present opportunities to power management system vendors
- TABLE 28 CANADA: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
8.3 ASIA PACIFIC
- 8.3.1 RECESSION IMPACT ON MARKET IN ASIA PACIFIC
- FIGURE 31 ASIA PACIFIC: MARKET SNAPSHOT
- 8.3.2 BY TYPE
- TABLE 29 ASIA PACIFIC: POWER MANAGEMENT SYSTEM, BY TYPE, 2021-2028 (USD MILLION)
- 8.3.3 BY END-USER INDUSTRY
- TABLE 30 ASIA PACIFIC: POWER MANAGEMENT SYSTEM, BY END-USER INDUSTRY, 2021-2028 (USD MILLION)
- 8.3.4 BY COUNTRY
- TABLE 31 ASIA PACIFIC: POWER MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2021-2028 (USD MILLION)
  - 8.3.4.1 China
    - 8.3.4.1.1 Rising investments in generating power using renewable sources to fuel demand for power management systems
- TABLE 32 CHINA: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.3.4.2 Japan
    - 8.3.4.2.1 Increasing focus on grid infrastructure improvement to boost demand for power management systems
- TABLE 33 JAPAN: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.3.4.3 India
    - 8.3.4.3.1 Deployment of wind and solar energy projects to support high demand for power management systems
- TABLE 34 INDIA: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.3.4.4 South Korea
    - 8.3.4.4.1 Presence of ship and offshore support vessel manufacturers to support market growth
- TABLE 35 SOUTH KOREA: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.3.4.5 Rest of Asia Pacific
- TABLE 36 REST OF ASIA PACIFIC: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
8.4 EUROPE
- 8.4.1 RECESSION IMPACT ON MARKET IN EUROPE
- 8.4.2 BY TYPE
- TABLE 37 EUROPE: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
- 8.4.3 BY END-USER INDUSTRY
- TABLE 38 EUROPE: POWER MANAGEMENT SYSTEM MARKET, BY END-USER INDUSTRY, 2021-2028 (USD MILLION)
- 8.4.4 BY COUNTRY
- TABLE 39 EUROPE: POWER MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2021-2028 (USD MILLION)
  - 8.4.4.1 Russia
    - 8.4.4.1.1 Booming mining industry to drive deployment of power management systems
- TABLE 40 RUSSIA: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.4.4.2 UK
    - 8.4.4.2.1 Carbon neutrality goals set by government to accelerate adoption of power management systems
- TABLE 41 UK: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.4.4.3 Germany
    - 8.4.4.3.1 Incentive and energy efficiency programs run by government to drive market
- TABLE 42 GERMANY: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.4.4.4 France
    - 8.4.4.4.1 Growing focus on generating electricity using renewable sources to contribute to market growth
- TABLE 43 FRANCE: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.4.4.5 Norway
    - 8.4.4.5.1 Presence of robust shipbuilding industry to boost implementation of power management systems
- TABLE 44 NORWAY: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.4.4.6 Italy
    - 8.4.4.6.1 Availability of subsidies and low-interest loans to deploy energy-efficient equipment at commercial sites to fuel market growth
- TABLE 45 ITALY: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.4.4.7 Rest of Europe
- TABLE 46 REST OF EUROPE: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
8.5 MIDDLE EAST & AFRICA
- 8.5.1 RECESSION IMPACT ON MARKET IN MIDDLE EAST & AFRICA
- 8.5.2 BY TYPE
- TABLE 47 MIDDLE EAST & AFRICA: POWER MANAGEMENT SYSTEM, BY TYPE, 2021-2028 (USD MILLION)
- 8.5.3 BY END-USER INDUSTRY
- TABLE 48 MIDDLE EAST & AFRICA: POWER MANAGEMENT SYSTEM, BY END-USER INDUSTRY, 2021-2028 (USD MILLION)
- 8.5.4 BY COUNTRY
- TABLE 49 MIDDLE EAST & AFRICA: POWER MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2021-2028 (USD MILLION)
  - 8.5.4.1 Saudi Arabia
    - 8.5.4.1.1 Increasing use of digital technologies in oil & gas facilities to fuel demand for power management systems
- TABLE 50 SAUDI ARABIA: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.5.4.2 UAE
    - 8.5.4.2.1 Presence of oil reserves and oil-producing firms to boost implementation of power management systems
- TABLE 51 UAE: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.5.4.3 Qatar
    - 8.5.4.3.1 Significant focus on reducing energy cost to accelerate adoption of power management systems
- TABLE 52 QATAR: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.5.4.4 Kuwait
    - 8.5.4.4.1 Growing investments in oil and gas exploration activities to fuel market growth
- TABLE 53 KUWAIT: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.5.4.5 South Africa
    - 8.5.4.5.1 Increasing use of energy-saving technologies in mining facilities to drive market
- TABLE 54 SOUTH AFRICA: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.5.4.6 Nigeria
    - 8.5.4.6.1 Rising focus of oil-producing firms on efficient operations to support increasing demand for power management systems
- TABLE 55 NIGERIA: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.5.4.7 Egypt
    - 8.5.4.7.1 Increased focus on adding renewable energy capacity to contribute to market growth
- TABLE 56 EGYPT: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.5.4.8 Rest of Middle East & Africa
- TABLE 57 REST OF MIDDLE EAST & AFRICA: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
8.6 SOUTH AMERICA
- 8.6.1 RECESSION IMPACT ON MARKET IN SOUTH AMERICA
- 8.6.2 BY TYPE
- TABLE 58 SOUTH AMERICA: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
- 8.6.3 BY END-USER INDUSTRY
- TABLE 59 SOUTH AMERICA: POWER MANAGEMENT SYSTEM MARKET, BY END-USER INDUSTRY, 2021-2028 (USD MILLION)
- 8.6.4 BY COUNTRY
- TABLE 60 SOUTH AMERICA: POWER MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2021-2028 (USD MILLION)
  - 8.6.4.1 Brazil
    - 8.6.4.1.1 Booming metals & mining industry to fuel demand for power management systems
- TABLE 61 BRAZIL: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.6.4.2 Colombia
    - 8.6.4.2.1 Increasing investments in power generation projects to drive market
- TABLE 62 COLOMBIA: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.6.4.3 Argentina
    - 8.6.4.3.1 Rising use of renewable energy sources to generate electricity to fuel market growth
- TABLE 63 ARGENTINA: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)
  - 8.6.4.4 Rest of South America
- TABLE 64 REST OF SOUTH AMERICA: POWER MANAGEMENT SYSTEM MARKET, BY TYPE, 2021-2028 (USD MILLION)

9 COMPETITIVE LANDSCAPE

9.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS
- TABLE 65 OVERVIEW OF MAJOR STRATEGIES ADOPTED BY TOP PLAYERS, 2018-2022
9.2 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS
- FIGURE 32 DEGREE OF COMPETITION, 2022
9.3 REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS
- FIGURE 33 REVENUE ANALYSIS FOR TOP PLAYERS IN POWER MANAGEMENT SYSTEM MARKET FROM 2018 TO 2022
9.4 COMPANY EVALUATION MATRIX
- 9.4.1 STARS
- 9.4.2 PERVASIVE PLAYERS
- 9.4.3 EMERGING LEADERS
- 9.4.4 PARTICIPANTS
- FIGURE 34 COMPANY EVALUATION MATRIX, 2022
9.5 COMPANY FOOTPRINT
- TABLE 66 COMPANY TYPE FOOTPRINT
- TABLE 67 COMPANY END-USER INDUSTRY FOOTPRINT
- TABLE 68 COMPANY REGION FOOTPRINT
- TABLE 69 OVERALL COMPANY FOOTPRINT
9.6 COMPETITIVE SCENARIO
- TABLE 70 POWER MANAGEMENT SYSTEM MARKET: PRODUCT LAUNCHES, JANUARY 2020-JULY 2023
- TABLE 71 POWER MANAGEMENT SYSTEM MARKET: DEALS, JANUARY 2019-JULY 2023
- TABLE 72 POWER MANAGEMENT SYSTEM MARKET: OTHERS, JANUARY 2019-JULY 2023

10 COMPANY PROFILES

(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)**
10.1 ABB
- TABLE 73 ABB: COMPANY OVERVIEW
- FIGURE 35 ABB: COMPANY SNAPSHOT
- TABLE 74 ABB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
- TABLE 75 ABB: DEALS
10.2 GENERAL ELECTRIC
- TABLE 76 GENERAL ELECTRIC: COMPANY OVERVIEW
- FIGURE 36 GENERAL ELECTRIC: COMPANY SNAPSHOT
- TABLE 77 GENERAL ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
- TABLE 78 GENERAL ELECTRIC: PRODUCT LAUNCHES
10.3 SIEMENS
- TABLE 79 SIEMENS: COMPANY OVERVIEW
- FIGURE 37 SIEMENS: COMPANY SNAPSHOT
- TABLE 80 SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
- TABLE 81 SIEMENS: DEALS
10.4 EATON
- TABLE 82 EATON: COMPANY OVERVIEW
- FIGURE 38 EATON: COMPANY SNAPSHOT
- TABLE 83 EATON: PRODUCTS/SERVICES/SOLUTIONS OFFERED
- TABLE 84 EATON: OTHERS
10.5 ETAP
- TABLE 85 ETAP: COMPANY OVERVIEW
- TABLE 86 ETAP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
- TABLE 87 ETAP: DEALS
10.6 SCHNEIDER ELECTRIC
- TABLE 88 SCHNEIDER ELECTRIC: COMPANY OVERVIEW
- FIGURE 39 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
- TABLE 89 SCHNEIDER ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
- TABLE 90 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES
10.7 EMERSON
- TABLE 91 EMERSON: COMPANY OVERVIEW
- FIGURE 40 EMERSON: COMPANY SNAPSHOT
- TABLE 92 EMERSON: PRODUCTS/SERVICES/SOLUTIONS OFFERED
- TABLE 93 EMERSON: DEALS
10.8 MITSUBISHI ELECTRIC
- TABLE 94 MITSUBISHI ELECTRIC: COMPANY OVERVIEW
- FIGURE 41 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT
- TABLE 95 MITSUBISHI ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
- TABLE 96 MITSUBISHI ELECTRIC: DEALS
10.9 ROCKWELL AUTOMATION
- TABLE 97 ROCKWELL AUTOMATION: COMPANY OVERVIEW
- FIGURE 42 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
- TABLE 98 ROCKWELL AUTOMATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED
10.10 HONEYWELL INTERNATIONAL INC.
- TABLE 99 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
- FIGURE 43 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
- TABLE 100 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
10.11 FUJI ELECTRIC
- TABLE 101 FUJI ELECTRIC: COMPANY OVERVIEW
- FIGURE 44 FUJI ELECTRIC: COMPANY SNAPSHOT
- TABLE 102 FUJI ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
10.12 LARSEN & TOUBRO
- TABLE 103 LARSEN & TOUBRO: COMPANY OVERVIEW
- FIGURE 45 LARSEN & TOUBRO: COMPANY SNAPSHOT
- TABLE 104 LARSEN & TOUBRO: PRODUCTS/SERVICES/SOLUTIONS OFFERED
10.13 YOKOGAWA
- TABLE 105 YOKOGAWA: COMPANY OVERVIEW
- FIGURE 46 YOKOGAWA: COMPANY SNAPSHOT
- TABLE 106 YOKOGAWA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
10.14 WARTSILA
- TABLE 107 WARTSILA: COMPANY OVERVIEW
- FIGURE 47 WARTSILA: COMPANY SNAPSHOT
- TABLE 108 WARTSILA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
10.15 CPOWER
- TABLE 109 CPOWER: COMPANY OVERVIEW
- TABLE 110 CPOWER: PRODUCTS/SERVICES/SOLUTIONS OFFERED
10.16 BRUSH
- TABLE 111 BRUSH: COMPANY OVERVIEW
10.17 ALBIREO ENERGY
- TABLE 112 ALBIREO ENERGY: COMPANY OVERVIEW
10.18 GREYSTONE ENERGY SYSTEMS INC.
- TABLE 113 GREYSTONE ENERGY SYSTEMS INC.: COMPANY OVERVIEW
10.19 OMRON
- TABLE 114 OMRON: COMPANY OVERVIEW
10.20 LINEAGE POWER
- TABLE 115 LINEAGE POWER: COMPANY OVERVIEW
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)** might not be captured in case of unlisted companies.

11 APPENDIX

11.1 INSIGHTS FROM INDUSTRY EXPERTS
11.2 DISCUSSION GUIDE
11.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
11.4 CUSTOMIZATION OPTIONS
11.5 RELATED REPORTS
11.6 AUTHOR DETAILS

Power Management System Market by Type (Hardware, Software, Services), Module (Power Monitoring, Load Shedding, Power Simulator, Generator Controls), End-User (Oil & Gas, Marine, Metals & Mining, Data Centers) and Region - Global Forecast to 2028