Energy Management System Market Forecast to 2032

Energy Management System Market is anticipated to register a CAGR of 14.70 % during the review period period. A framework for managing energy use is known as an energy management system (EnMS), and it is used by organizations in the industrial, commercial, and public sectors. It assists businesses in locating possibilities to implement and enhance energy-saving technology, including those that may not necessarily require a significant financial outlay. Most of the time, personnel training and specialist knowledge are necessary for an EnMS to be implemented successfully.

Energy is the primary fuel of social and economic advancement. Every industry need energy to function, and due to a highly competitive market and technological advancements, there is a steady demand for energy. The industrial sector necessitates a large amount of power. There is also an increasing awareness of the need to optimise and save energy. Furthermore, in response to market pressure and public awareness of environmental sustainability, businesses have pushed to use energy more efficiently. The aim to decrease and optimise energy use is expected to be a major market driver. The continual decrease of energy intensity from traditional resources such as coal has become a global problem. Governments throughout the world have committed resources to creating an acceptable, secure, and long-term energy system. Furthermore, rising energy demand because of increasing industrialization drives governments in various countries to implement effective energy management systems. Furthermore, rising energy supplier competition and price inflation are compelling governments to enhance investments in sustainable energy.

Market Segmentation

The building energy management system, residential energy management system, and industrial energy management system are the three types of energy management system market segments.

The market is divided into three component segments: services, software, and hardware.

The energy management system market has been divided into two segments based on deployment: On-Premises and Cloud. It is anticipated that the cloud segment would grow quickly over the forecast period.

The market is divided into several industry vertical segments, including IT & Telecom, manufacturing, oil & gas, power & energy, oil & gas, automotive, healthcare, residential, pharmaceutical, and others.

Regional Analysis

North America is accounted for the largest market share of the Energy Management System Market during the review period owing to the rising savvy meter utilization, and organization of family energy management systems to screen and oversee power utilization. Higher productivity objectives are the focal point of regional government systems pointed toward bringing down energy use. Furthermore, North America has generally had a strong modern area. Thus, expanding modern energy effectiveness through the reception of energy management systems expects a moderately huge job, eventually energizing the extension of the nearby market.

Because of the developing utilization of shrewd frameworks and expanded interest in foundation, the US and Canada are supposed to offer opportunities for income age. As per the IEA, interests in energy frameworks would increment by 10% in 2021, with the U.S. filling in as one of the essential nations putting resources into foundation. Furthermore, the requirement for brilliant energy has altogether expanded all through the region, spurring partners to put cash in EMS.

Major Players

These include Delta Electronics Inc, Honeywell international Inc, C3 energy, Dexma, General Electric company, Gridpoint Inc, Schneider electric SE, Siemens AG, Johnson controls international plc, Yokogawa electric corporation, ABB Ltd, Cisco System Inc., Mitsubishi Electric Corporation, IBM Corporation, CA Technologies, Eaton Corporation, and Rockwell Automation.

Product Code: MRFR/SEM/2091-CR

1. EXECUTIVE SUMMARY

1.1. MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1. GLOBAL ENERGY MANAGEMENT SYSTEM MARKET, BY TYPE
- 1.1.2. GLOBAL ENERGY MANAGEMENT SYSTEM MARKET, BY COMPONENT
- 1.1.3. GLOBAL ENERGY MANAGEMENT SYSTEM MARKET, BY DEPLOYMENT
- 1.1.4. GLOBAL ENERGY MANAGEMENT SYSTEM MARKET, BY INDUSTRY VERTICAL
- 1.1.5. GLOBAL ENERGY MANAGEMENT SYSTEM MARKET, BY REGION

2. MARKET INTRODUCTION

2.1. DEFINITION
2.2. SCOPE OF THE STUDY
2.3. MARKET STRUCTURE
2.4. KEY BUYING CRITERIA
2.5. MACRO FACTOR INDICATOR ANALYSIS

3. RESEARCH METHODOLOGY

3.1. RESEARCH PROCESS
3.2. PRIMARY RESEARCH
3.3. SECONDARY RESEARCH
3.4. MARKET SIZE ESTIMATION
3.5. FORECAST MODEL
3.6. LIST OF ASSUMPTIONS

4. MARKET DYNAMICS

4.1. INTRODUCTION
4.2. DRIVERS
- 4.2.1. RISING INCLINATION TOWARDS ENERGY EFFICIENCIES AND GOVERNMENT SUPPORT TO BOOST THE GROWTH
- 4.2.2. ENERGY PRICE VOLATILITY
- 4.2.3. RISE IN AWARENESS OF CARBON FOOTPRINT MANAGEMENT
- 4.2.4. DRIVERS IMPACT ANALYSIS
4.3. RESTRAINTS
- 4.3.1. LACK OF AWARENESS AND HIGH INITIAL COST OF DEPLOYMENT
- 4.3.2. RESTRAINTS IMPACT ANALYSIS
4.4. OPPORTUNITIES
- 4.4.1. TECHNOLOGICAL ADVANCEMENT IN ENERGY MANAGEMENT SYSTEM
- 4.4.2. RISE IN OPPORTUNITIES IN THE HOME ENERGY MANAGEMENT DIVISION
4.5. IMPACT OF COVID-19
- 4.5.1. DECREASE IN OVERALL MARKET Y-O-Y
- 4.5.2. IMPACT ON INDUSTRY VERTICALS
- 4.5.3. IMPACT ON IT SECTOR

5. MARKET FACTOR ANALYSIS

5.1. VALUE CHAIN ANALYSIS/SUPPLY CHAIN ANALYSIS
5.2. PORTER'S FIVE FORCES MODEL
5.3. BARGAINING POWER OF SUPPLIERS
5.4. BARGAINING POWER OF BUYERS
5.5. THREAT OF NEW ENTRANTS
5.6. THREAT OF SUBSTITUTES
5.7. INTENSITY OF RIVALRY

6. GLOBAL ENERGY MANAGEMENT SYSTEM MARKET, BY TYPE

6.1. INTRODUCTION
6.2. INDUSTRIAL ENERGY MANAGEMENT SYSTEM
6.3. BUILDING ENERGY MANAGEMENT SYSTEM
6.4. HOME ENERGY MANAGEMENT SYSTEM

7. GLOBAL ENERGY MANAGEMENT SYSTEM MARKET, BY COMPONENT

7.1. INTRODUCTION
7.2. HARDWARE
7.3. SOFTWARE
7.4. SERVICES

8. GLOBAL ENERGY MANAGEMENT SYSTEM MARKET, BY DEPLOYMENT

8.1. INTRODUCTION
8.2. ON-PREMISES
8.3. CLOUD

9. GLOBAL ENERGY MANAGEMENT SYSTEM MARKET, BY INDUSTRY VERTICAL

9.1. INTRODUCTION
9.2. IT & TELECOM
9.3. POWER & ENERGY
9.4. MANUFACTURING
9.5. OIL & GAS
9.6. AUTOMOTIVE
9.7. HEALTHCARE
9.8. RESIDENTIAL
9.9. PHARMACEUTICAL
9.10. OTHERS

10. GLOBAL ENERGY MANAGEMENT SYSTEM MARKET SIZE ESTIMATION & FORECAST, BY REGION

10.1. INTRODUCTION
10.2. NORTH AMERICA
- 10.2.1. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018-2032
- 10.2.2. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
- 10.2.3. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
- 10.2.4. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
- 10.2.5. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
- 10.2.6. US
- 10.2.7. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
- 10.2.8. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
- 10.2.9. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
- 10.2.10. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
- 10.2.11. CANADA
- 10.2.12. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
- 10.2.13. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
- 10.2.14. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
- 10.2.15. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
- 10.2.16. MEXICO
- 10.2.17. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
- 10.2.18. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
- 10.2.19. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
- 10.2.20. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
10.3. EUROPE
- 10.3.1. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018-2032
- 10.3.2. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
- 10.3.3. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
- 10.3.4. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
- 10.3.5. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
- 10.3.6. UK
  - 10.3.6.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
  - 10.3.6.2. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
  - 10.3.6.3. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
  - 10.3.6.4. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
- 10.3.7. GERMANY
  - 10.3.7.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
  - 10.3.7.2. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
  - 10.3.7.3. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
  - 10.3.7.4. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
- 10.3.8. FRANCE
  - 10.3.8.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
  - 10.3.8.2. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
  - 10.3.8.3. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
  - 10.3.8.4. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
- 10.3.9. REST OF EUROPE
  - 10.3.9.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
  - 10.3.9.2. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
  - 10.3.9.3. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
  - 10.3.9.4. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
10.4. ASIA-PACIFIC
- 10.4.1. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2018-2032
- 10.4.2. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
- 10.4.3. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
- 10.4.4. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
- 10.4.5. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
- 10.4.6. CHINA
  - 10.4.6.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
  - 10.4.6.2. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
  - 10.4.6.3. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
  - 10.4.6.4. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
- 10.4.7. JAPAN
  - 10.4.7.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
  - 10.4.7.2. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
  - 10.4.7.3. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
  - 10.4.7.4. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
- 10.4.8. INDIA
  - 10.4.8.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
  - 10.4.8.2. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
  - 10.4.8.3. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
  - 10.4.8.4. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
- 10.4.9. REST OF ASIA-PACIFIC
  - 10.4.9.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
  - 10.4.9.2. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
  - 10.4.9.3. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
  - 10.4.9.4. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
10.5. MIDDLE EAST & AFRICA
- 10.5.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
- 10.5.2. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
- 10.5.3. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
- 10.5.4. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032
10.6. SOUTH AMERICA
- 10.6.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2018-2032
- 10.6.2. MARKET ESTIMATES & FORECAST, BY COMPONENT, 2018-2032
- 10.6.3. MARKET ESTIMATES & FORECAST, BY DEPLOYMENT, 2018-2032
- 10.6.4. MARKET ESTIMATES & FORECAST, BY INDUSTRY VERTICAL, 2018-2032

11. COMPETITIVE LANDSCAPE

11.1. INTRODUCTION
11.2. KEY DEVELOPMENTS & GROWTH STRATEGIES
11.3. COMPETITOR BENCHMARKING
11.4. VENDOR SHARE ANALYSIS, 2022 (% SHARE)
11.5. RECENT MARKET DEVELOPMENTS

12. COMPANY PROFILES

12.1. C3 ENERGY
- 12.1.1. COMPANY OVERVIEW
- 12.1.2. FINANCIAL OVERVIEW
- 12.1.3. SOLUTION/SERVICES OFFERED
- 12.1.4. KEY DEVELOPMENTS
- 12.1.5. SWOT ANALYSIS
- 12.1.6. KEY STRATEGIES
12.2. DELTA ELECTRONICS INC
12.3. DEXMA
12.4. GENERAL ELECTRIC COMPANY
12.5. GRIDPOINT INC
12.6. HONEYWELL INTERNATIONAL INC
12.7. JOHNSON CONTROLS INTERNATIONAL PLC
12.8. SCHNEIDER ELECTRIC SE
12.9. SIEMENS AG
12.10. YOKOGAWA ELECTRIC CORPORATION
12.11. MITSUBISHI ELECTRIC CORPORATION
12.12. ABB LTD
12.13. CISCO SYSTEM INC.
12.14. IBM CORPORATION
12.15. CA TECHNOLOGIES
12.16. EATON CORPORATION
12.17. ROCKWELL AUTOMATION.