2021-2030 Analysis and Review Energy Management System Market

Energy Management System Market

Energy Management System Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021 – 2030

22-04-2022 REP-HC-139330 115 pages Format

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Global energy management system (EMS) market is estimated to grow at a CAGR of 18.2% during forecast period (2022-2030). Global EMS market is primarily driven by rising awareness about carbon footprint and an increase in demand for efficient EMS. Rising concern of various governments on increasing carbon emission level and calculation of carbon footprint per product. Growing carbon emission and increasing demand for energy across the globe is expected to drive the demand for EMS to efficiently manage the energy consumption and generation. Government of various countries are rising their concern on increasing carbon emission level and calculation of carbon footprint per product.

Increasing Demand for Renewable Source Remains as Noticeable Trend Impacting EMS Market

According to U.S. Environmental Protection Agency, total greenhouse gas emissions associated with human activities by energy consumption have increased across the globe. According to International Energy Agency, renewable sources are the most cost-effective source of power generation and hence renewable sources have captured two-third of all the investments under power plants till 2040. Further, governments across the globe have realized the advantages of renewables and thus these bodies are highly inclined towards the adoption of renewable energy sources for electricity generation. Further, renewable energy accounted 80% of the new capacity in 2017, whereas wind power would become the leading source of electricity production after 2030. Thus, as the demand for renewable energy surges, this creates favorable adoption opportunities for energy management systems. Increasing focus on renewable sources for electricity generation is calling for the adoption on EMS for efficiently managing the electricity network. Thus, the increase in net capacity additions till 2040 and growth in renewables would present significant adoption opportunities for EMS and thus has been considered as one of the crucial factors while projecting the market revenues till 2024.

Industrial Sector Remains as the Key End User Segment Contributing over 60% of Revenues

Global EMS market has been segmented on the basis of product, vertical and end-user. Industrial in global EMS market accounts the largest share in terms of revenue with around 62.60% market share in 2021. Implementation of energy efficiency standards for industries by different governments is major factor driving the EMS market across the globe. However, the industrial 4.0 revolution also act as a supporting factor for the market as the practice focusing increasing energy consumption efficiency and bring automation. Government of China, Germany, Japan and others are also working on increasing the energy consumption efficiency by implementing different practices such as adopting EMS.

North America Takes the Lion’s Share

Geographically, the EMS market has been segmented into North America, Europe, Asia Pacific and Rest of World (ROW). North America accounts the largest share with 34.14% market share in 2021, owing to investment by the government of United States and Canada on energy management program and their implementation. Federal government has introduced “Federal Energy Management program” to efficiently manage the energy consumption and to minimize carbon emissions. The goals of this program include helping agencies to reduce green-house gas (GHG) emissions by 40% by 2025.

China Estimated to be the Fastest Growing Market

China EMS market is projected to grow at highest pace with a CAGR of 19.3% during the forecast period 2022-2030. China EMS market is primarily driven by increasing investment in the country for energy management, saving, reducing carbon emission and increasing efficiency of the systems. China have several programs such as Top-1,000 and Top-10,000 Energy-Consuming Enterprises Program, policies and standards that work towards increasing energy efficiency, saving and reducing carbon emission. Also, China has developed national and provincial-level Energy Management System (EnMS) policies and standards making EMS to be mandatory to implement for large industrial enterprises. Thus, growing investment and programs is expected to drive the adoption of EMS in the country.

EMS Market Remains as Highly Competitive Market

Product launch & upgrade is the primary strategy adopted by companies in the global EMS market. Collaboration, joint venture & partnership is the secondary strategy adopted by companies in the global EMS market. The intensity of competitive rivalry in the global energy management system market is high. Companies in the market are adopting various strategies to maintain and increase their market share by capturing new customers. Top companies in the EMS market include Honeywell International, Siemens AG, Schneider Electric, General Electric Company, ABB, and others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2020 to 2030 considering 2021 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2022 to 2030.

Report Methodology

Market revenues and CAGR were derived from primary and secondary research. Both quantitative and qualitative trends were considered for the extrapolation of market revenues. The derived market estimates were further validated from top-down, bottom strategies, and primary research. The scope of the market is limited to the following segments of product categories and regions.

Market Segmentation

By Product (2020-2030; US$ Mn)

Industrial Energy management system
Building energy management system
Home energy management system

By End Users (2020-2030; US$ Mn)

Residential
Commercial

By Vertical (2020-2030; US$ Mn)

Power & Energy
Telecom & IT
Manufacturing
Retail & Offices
Healthcare
Others

By Region (2020-2030; US$ Mn)

North America
Europe
Asia Pacific
Latin America
Africa

Global Impact of Covid-19 Segment (2020-2021; US$ Mn)

Pre Covid-19 situation
Post Covid-19 situation

Key questions answered in this report

What are the key market segments in the current scenario and in the future by product categories?
What are the key market segments in the current scenario and in the future by region?
What is the key impact of Covid-19 over market revenues and market determinants in the global energy management systems market?
What are the primary and secondary macro and micro factors influencing the market growth currently and during the forecast period?
What are the primary and secondary macro and micro factors deterring the market growth currently and during the forecast period?
How to overcome the current market challenges and leverage the opportunities in each of the market segments?
Who are the key players in the operational predictive maintenance market and what are their key product categories and strategies?
What are the key strategies – mergers/acquisitions/R&D/strategic partnerships etc. that companies are deploying to enhance market revenues and growth

Energy Management System Market - Table of Contents

Chapter 1. Preface

Chapter 2. Market Overview
2.1. Global Energy Management Systems Market: Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.3.1. Requirements
2.3.2. Design
2.3.3. Development & Implementation
2.3.4. Testing & Verification
2.3.5. Release & Maintenance
2.3.6. End User
2.4. Regulatory Framework
2.5. Total Market Analysis
2.5.1. Top 5 Findings
2.5.2. Top Opportunity Market
2.5.3. Top 5 Companies
2.5.4. Top 3 Competitive Strategies
2.6. Estimation Analysis
2.7. Strategic Analysis
2.7.2. 360 Degree Analysis
2.7.3. Porter’s Five Force Model
2.7.3.1. Threat of New Entrants
2.7.3.2. Threat of Substitute Products
2.7.3.3. Bargaining Power of Buyer
2.7.3.4. Bargaining Power of Supplier
2.7.3.5. Intensity of Competitive Rivalry
2.7.4. PESTEL Analysis
2.7.5. See Saw Analysis
2.7.6. Consumer Analysis & Key Buying Criteria
2.8. Competitive Analysis
2.9. Strategic Recommendations & Key Conclusions

Chapter 3. Market Determinants
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunity
3.4. Market Challenge

Chapter 4. Global Energy Management System Market by Product, 2020-2030, ($ Million)
4.1. Market Definition and Scope
4.2. Decision Support Database & Estimation Methodology
4.3. Comparative Analysis across Market Segments
4.4. Opportunity Matrix
4.5. Market Segmentation
4.5.1. Global Industrial Energy Management System (Iems) Market
4.5.1.1. Adoption Scenario & Market Determinants
4.5.1.2. Market Estimations and Forecasts 2020-2030 ($ Million)
4.5.1.3. Key Conclusion
4.5.2. Global Building Energy Management System (Bems) Market
4.5.2.1. Adoption Scenario & Market Determinants
4.5.2.2. Market Estimations and Forecasts 2020-2030 ($ Million)
4.5.2.3. Key Conclusion
4.5.3. Global Home Energy Management System (Hems) Market
4.5.3.1. Adoption Scenario & Market Determinants
4.5.3.2. Market Estimations and Forecasts 2020-2030 ($ Million)
4.5.3.3. Key Conclusion

Chapter 5. Global Energy Management System Market by End-Users, 2020-2030, ($ Million)
5.1. Market Definition and Scope
5.2. Decision Support Database & Estimation Methodology
5.3. Comparative Analysis across Market Segments
5.4. Opportunity Matrix
5.5. Market Segmentation
5.5.1. Global Residential Market
5.5.1.1. Adoption Scenario & Market Determinants
5.5.1.2. Market Estimations and Forecasts 2020-2030 ($ Million)
5.5.1.3. Key Conclusion
5.5.2. Global Commercial Market
5.5.2.1. Adoption Scenario & Market Determinants
5.5.2.2. Market Estimations and Forecasts 2020-2030 ($ Million)
5.5.2.3. Key Conclusion

Chapter 6. Global Energy Management System Market by Vertical, 2020-2030, ($ Million)
6.1. Market Definition and Scope
6.2. Decision Support Database & Estimation Methodology
6.3. Comparative Analysis across Market Segments
6.4. Opportunity Matrix
6.5. Market Segmentation
6.5.1. Global Power & Energy Market
6.5.1.1. Adoption Scenario & Market Determinants
6.5.1.2. Market Estimations and Forecasts 2020-2030 ($ Million)
6.5.1.3. Key Conclusion
6.5.2. Global Telecom & IT Market
6.5.2.1. Adoption Scenario & Market Determinants
6.5.2.2. Market Estimations and Forecasts 2020-2030 ($ Million)
6.5.2.3. Key Conclusion
6.5.3. Global Manufacturing Market
6.5.3.1. Adoption Scenario & Market Determinants
6.5.3.2. Market Estimations and Forecasts 2020-2030 ($ Million)
6.5.3.3. Key Conclusion
6.5.4. Global Retail & Offices Market
6.5.4.1. Adoption Scenario & Market Determinants
6.5.4.2. Market Estimations and Forecasts 2020-2030 ($ Million)
6.5.4.3. Key Conclusion
6.5.5. Global Healthcare Market
6.5.5.1. Adoption Scenario & Market Determinants
6.5.5.2. Market Estimations and Forecasts 2020-2030 ($ Million)
6.5.5.3. Key Conclusion
6.5.6. Global Others Market
6.5.6.1. Adoption Scenario & Market Determinants
6.5.6.2. Market Estimations and Forecasts 2020-2030 ($ Million)
6.5.6.3. Key Conclusion

Chapter 7. Competitive Landscape
7.1. Key Strategies
7.1.1. List of Collaboration, Joint Venture & Partnership
7.1.2. List of Product Launch & Upgrades
7.1.3. List of Expansion
7.1.4. List of Others

Chapter 8. North America Energy Management Systems Market, 2020-2030, ($ Million)
8.1. Market Overview
8.2 Segmentation Analysis BY Region 2020-2030 ($Million)
8.2.1. United States
8.2.2. Canada

Chapter 9. UK & European Union Energy Management Systems Market, 2020-2030, ($ Million)
9.1. Market Overview
9.2. Segmentation Analysis BY Region 2020-2030 ($ Million)
9.2.1. United Kingdom
9.2.2. France
9.2.3. Germany
9.2.4. Russia
9.2.5. Rest OF Europe

Chapter 10. Asia-Pacific Energy Management Systems Market, 2020-2030, ($ Million)
10.1. Market Overview
10.2. Segmentation Analysis BY Region 2020-2030 ($Million)
10.2.1. China
10.2.2. India
10.2.3. Japan
10.2.4. Australia
10.2.5. Rest OF Asia-Pacific

Chapter 11. Row Energy Management Systems Market, 2020-2030, ($ Million)
11.1. Market Overview
11.2. Segmentation Analysis BY Region 2020-2030 ($ Million)
11.2.1. Latin America
11.2.2. Middle East & Africa

Chapter 12. Company Profile
12.1. Siemens Ag
12.2. Schneider Electric
12.3. General Electric
12.4. Ca Technologies (Acquired by Broadcom)
12.5. Emerson Process Management
12.6. Rockwell Automation
12.7. Daiken Industries
12.8. Honeywell International, Inc.
12.9. Toshiba Corporation
12.10. Gridpoint Inc. (Acquired by Twenty First Century Utilities, Llc)
12.11. Johnson Controls, Inc.
12.12. Jones Lang Lasalle Incorporated
12.13. Asea Brown Boveri
12.14. Cisco Systems, Inc
12.15. C3 Energy

Energy Management System Market - List of Tables

Table 1 Global Energy Management System Market by Product 2020-2030 ($ Million)
Table 2 Regulations and Standards To Be Followed Within Ems Industry
Table 3 Startups in Energy Management Systems
Table 4 Investment Versus Adoption Model: Global Energy Management Systems Market by End User, 2017
Table 5 Drivers Impact Analysis of Global Energy Management System Market
Table 6 Restraint Impact Analysis of Global Energy Management System Market
Table 7 Opportunity Impact Analysis of Global Energy Management System Market
Table 8 Home Energy Management System and Connected Device Projects
Table 9 Different Home Energy Management Schemes Comparison
Table 10 Challenge Impact Analysis of Global Energy Management System Market
Table 11 Global Energy Management System Market by Product 2020-2030 ($ Million)
Table 12 Global Industrial Energy Management System (Iems) Market by Geography 2020-2030 ($ Million)
Table 13 Global Building Energy Management System (Bems) Market by Geography 2020-2030 ($ Million)
Table 14 Global Home Energy Management System (Hems) Market by Geography 2020-2030 ($ Million)
Table 15 Global Energy Management System Market by End-Users 2020-2030 ($ Million)
Table 16 Global Residential Market by Geography 2020-2030 ($ Million)
Table 17 Global Commercial Market by Geography 2020-2030 ($ Million)
Table 18 Global Energy Management System Market by Vertical 2020-2030 ($ Million)
Table 19 Global Power & Energy Market by Geography 2020-2030 ($ Million)
Table 20 Global Telecom & IT Market by Geography 2020-2030 ($ Million)
Table 21 Global Manufacturing Market by Geography 2020-2030 ($ Million)
Table 22 Global Retail & Offices Market by Geography 2020-2030 ($ Million)
Table 23 Global Healthcare Market by Geography 2020-2030 ($ Million)
Table 24 Global Others Market by Geography 2020-2030 ($ Million)
Table 25 North America Energy Management System Market 2020-2030 ($ Million)
Table 26 North America Segmentation Analysis by Product 2020-2030($Million)
Table 27 North America Segmentation Analysis by Vertical 2020-2030 ($Million)
Table 28 North America Segmentation Analysis by End-User 2020-2030 ($Million)
Table 29 United States Segmentation Analysis by End-User 2020-2030 ($ Million)
Table 30 Canada Segmentation Analysis by End-User 2020-2030 ($Million)
Table 31 Europe Energy Management System Market 2020-2030 ($ Million)
Table 32 Europe Segmentation Analysis by Product 2020-2030 ($ Million)
Table 33 Europe Segmentation Analysis by Vertical 2020-2030 ($ Million)
Table 34 Europe Segmentation Analysis by End-User 2020-2030 ($ Million)
Table 35 United Kingdom Segmentation by End-User 2020-2030 ($ Million)
Table 36 France Segmentation by End-User 2020-2030 ($ Million)
Table 37 Germany Segmentation by End-User 2020-2030 ($ Million)
Table 38 Spain Segmentation by End-User 2020-2030 ($ Million)
Table 39 Rest of Europe Segmentation by End-User 2020-2030 ($ Million)
Table 40 Asia-Pacific Energy Management System Market ($Million)
Table 41 Asia-Pacific Segmentation by Product 2020-2030 ($Million)
Table 42 Asia-Pacific Segmentation by Vertical 2020-2030 ($Million)
Table 43 Asia-Pacific Segmentation by End-Users 2020-2030 ($Million)
Table 44 China Segmentation by End-Users 2020-2030 ($Million)
Table 45 India Segmentation by End-Users 2020-2030 ($Million)
Table 46 Japan Segmentation by End-User 2020-2030 ($Million)
Table 47 Australia Segmentation by End-User 2020-2030 ($Million)
Table 48 Rest of Asia-Pacific Segmentation by End-User 2020-2030 ($Million)
Table 49 Row Energy Management System Market 2020-2030 ($ Million)
Table 50 Rest of World Segmentation by Product 2020-2030 ($ Million)
Table 51 Rest of World Segmentation by Vertical 2020-2030 ($Million)
Table 52 Rest of World Segmentation by End-Users 2020-2030 ($Million)
Table 53 Latin America Segmentation by End-User 2020-2030 ($ Million)
Table 54 Middle East & Africa Segmentation by End-Users 2020-2030 ($ Million)

Energy Management System Market - List of Figures

Figure 1 Global Energy Management System Market Regional Analysis 2020-2030 (%)
Figure 2 Industry Structure & Process Flow: Energy Management Systems Industry
Figure 3 Starting Price of Each Saas Under Specific Niche Areas ($)
Figure 4 Present and Future Investment Trend in Energy Sector for Period 2018-2030 ($ Billion)
Figure 5 Industrial Energy Management System in Energy Management System Market 2020-2030
Figure 6 United States in Energy Management System Market 2020-2030
Figure 7 Germany in Energy Management System Market 2020-2030
Figure 8 Commercial in Energy Management System Market 2020-2030
Figure 9 China in Energy Management System Market 2020-2030
Figure 10 India in Energy Management System Market 2020-2030
Figure 11 Home in Energy Management System Market 2020-2030
Figure 12 United Kingdom in Energy Management System Market 2020-2030
Figure 13 Residential in Energy Management System Market 2020-2030
Figure 14 Electricity Demand Projection Till 2040
Figure 15 Average Annual Net Capacity Addition Projection Till 2040
Figure 16 Global Energy Management System Market Share in Global Advanced Energy Market (2017)
Figure 17 See-Saw Analysis of Global Energy Management System Market
Figure 18 Key Buying Criteria: Global Energy Management System Market
Figure 20 Investment Proposition for Global Energy Management System Market, 2022-2030
Figure 21 Investment Opportunities in Emerging Verticals, 2022-2030
Figure 22 Comparative Analysis across Market Segments 2022-2030 (%)
Figure 23 Global Energy Consumption 2010, 2015 & 2040
Figure 24 Growth in Electricity Consumption in Regions
Figure 25 Global Energy-Related Co2 Emissions
Figure 28 Smart Meters Installations Globally (Approximate Value in Millions)
Figure 29 Number of Smart Meter Installed in The United States in 2021
Figure 30 Comparative Analysis across Market Segments 2022 &2030
(%)
Figure 31 Global Industrial Energy Management System (Iems) Market 2020-2030 ($ Million)
Figure 32 Global Building Energy Management System (Bems) Market 2020-2030 ($ Million)
Figure 33 Global Home Energy Management System (Hems) Market 2020-2030 ($ Million)
Figure 34 Comparative Analysis across Market Segments 2022 &2030 (%)
Figure 35 Global Residential Market 2020-2030 ($ Million)
Figure 36 Global Commercial Market 2020-2030 ($ Million)
Figure 37 Comparative Analysis across Market Segments 2022 &2030 (%)
Figure 38 Global Power & Energy Market 2020-2030 ($ Million)
Figure 39 Global Telecom & IT Market 2020-2030 ($ Million)
Figure 40 Global Manufacturing Market 2020-2030 ($ Million)
Figure 41 Global Retail & Offices Market 2020-2030 ($ Million)
Figure 42 Global Healthcare Market 2020-2030 ($ Million)
Figure 43 Global Others Market 2020-2030 ($ Million)
Figure 44 United States Energy Management System Market 2020-2030 ($ Million)
Figure 45 Canada Energy Management System Market 2020-2030 ($ Million)
Figure 46 United Kingdom Energy Management System Market 2020-2030 ($ Million)
Figure 47 France Energy Management System Market 2020-2030 ($ Million)
Figure 48 Germany Energy Management System Market 2020-2030 ($ Million)
Figure 49 Spain Energy Management System Market 2020-2030 ($ Million)
Figure 50 Rest of Europe Energy Management System Market 2020-2030 ($ Million)
Figure 51 China Energy Management System Market 2020-2030 ($ Million)
Figure 52 India Energy Management System Market 2020-2030 ($ Million)
Figure 53 Japan Energy Management System Market 2020-2030 ($ Million)
Figure 54 Australia Energy Management System Market 2020-2030 ($ Million)
Figure 55 Rest of Asia-Pacific Energy Management System Market 2020-2030 ($ Million)
Figure 56 Latin America Energy Management System Market 2020-2030 ($ Million)
Figure 57 Middle East & Africa Energy Management System Market 2020-2030 ($ Million)