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Energy Management Systems Market Size, Share, and Analysis, By System Type (Home Energy Management System, Industrial Energy Management System, Building Energy Management System), By Deployment (On-Premises, Cloud), By Industry (Manufacturing, Oil & Gas, Energy & Utilities, Healthcare, Automotive, Others), By Component (Software, Hardware, Services), By Application (Automation, Property Safety, Design, Energy Distribution, e-Mobility, and Others), By End User (Healthcare, Residential/Smart Homes, Energy & Power, Commercial Building/Complex, Telecom & IT, Industrial) and Regional Forecasts, 2022-2032

November 2023 | 366 pages | ID: E0A453337F40EN
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Energy Management Systems Market Size, Share, and Analysis, By System Type (Home Energy Management System, Industrial Energy Management System, Building Energy Management System), By Deployment (On-Premises, Cloud), By Industry (Manufacturing, Oil & Gas, Energy & Utilities, Healthcare, Automotive, Others), By Component (Software, Hardware, Services), By Application (Automation, Property Safety, Design, Energy Distribution, e-Mobility, and Others), By End User (Healthcare, Residential/Smart Homes, Energy & Power, Commercial Building/Complex, Telecom & IT, Industrial) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

Energy Management Systems Market size was USD 40.91 billion in 2021 and projected t%li%grow from USD 53.9 billion in 2023 t%li%USD 190 billion by 2032, exhibiting a CAGR of 15% during the forecast period.

An energy management system is a computer-supported tool used by operators of electric utility grids t%li%inspect, regulate, and optimize the performance of transmission or production system and can be utilized in small scale systems like microgrids. Energy Management Systems is one of the evolving technologies that permits an organization t%li%pool real-time data on the use of energy by estimating and visualizing consumption of energy and aids in taking data related decisions thereby improving the enterprise-level operation & financial decisions.

MARKET HIGHLIGHTS

Energy Management Systems Market is expected t%li%reach USD 190 billion, growing at a CAGR of 15% during forecast period owing t%li%the growing acceptance of smart meters and smart grids which are important in improving the market value. The initiatives taken by governments t%li%digitize the national energy systems and their policies t%li%maintain green and sustainable energy usage are anticipated t%li%drive the demand for increasing efficiency thereby aiding in market growth. Increasing investments in energy-efficient solutions like smart buildings, smart industry projects may boost market growth.

Energy Management Systems Market Segments:
  • By System Type
  • Home Energy Management System
  • Industrial Energy Management System
  • Building Energy Management System
  • By Deployment
  • On-Premises
  • Cloud
  • By Industry
  • Manufacturing
  • Oil & Gas
  • Energy & Utilities
  • Healthcare
  • Automotive
  • Others
  • By Component
  • Software
  • Hardware
  • Services
  • By Application
  • Automation
  • Property Safety
  • Design
  • Energy Distribution
  • e-Mobility
  • Others
MARKET DYNAMICS

Growth Drivers

Increasing Digitalization is Expected t%li%Boost the Growth of the Market

Promoting Sustainable Energy is Expected t%li%Boost the Growth of the Market

Restraint

High Cost of Implementation May Restrain the Growth of the Market

Key Players
  • Honeywell International Inc.
  • Schneider Electric SE
  • GridPoint
  • Johnson Controls, Inc.
  • C3.ai, Inc.
  • General Electric
  • ABB
    • Cisc%li%Systems, Inc
  • Siemens AG
  • Emerson Process Management
  • International Business Machines Corporation
  • Daikin Industries
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons t%li%Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
      • Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
    • The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
    • Provides insight int%li%the market through Value Chain
    • Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
  • 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY

1.1.Regional Market Share
1.2. Business Trends
1.3. Energy Management Systems Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot

2. RESEARCH METHODOLOGY

2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
  2.5.1.Paid Sources
  2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation

3. MARKET CHARACTERISTICS

3.1. Market Definition
3.2.Energy Management Systems Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data

4. ENERGY MANAGEMENT SYSTEMS MARKET – INDUSTRY INSIGHTS

4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability

5. MACROECONOMIC INDICATORS

6. RECENT DEVELOPMENTS

7.MARKET DYNAMICS

7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends

8. RISK ANALYSIS

9. MARKET ANALYSIS

9.1. Porters Five Forces
9.2.PEST Analysis
  9.2.1. Political
  9.2.2.Economic
  9.2.3.Social
  9.2.4.Technological

10. ENERGY MANAGEMENT SYSTEMS MARKET

10.1.Overview
10.2. Historical Analysis (2016-2021)
  10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast

11.ENERGY MANAGEMENT SYSTEMS MARKET SIZE & FORECAST 2022A-2032F

11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
  11.3.1.By System Type
    11.3.1.1. Home Energy Management System
      11.3.1.1.1. By Value (USD Million) 2022-2032F
      11.3.1.1.2.Market Share (%) 2022-2032F
      11.3.1.1.3.Y-o-Y Growth (%) 2022-2032F
    11.3.1.2.Industrial Energy Management System
      11.3.1.2.1.By Value (USD Million) 2022-2032F
      11.3.1.2.2. Market Share (%) 2022-2032F
      11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.1.3.Building Energy Management System
      11.3.1.3.1.By Value (USD Million) 2022-2032F
      11.3.1.3.2. Market Share (%) 2022-2032F
      11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
  11.3.2. By Deployment
    11.3.2.1.On-Premises
      11.3.2.1.1.By Value (USD Million) 2022-2032F
      11.3.2.1.2. Market Share (%) 2022-2032F
      11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.2.2. Cloud
      11.3.2.2.1. By Value (USD Million) 2022-2032F
      11.3.2.2.2.Market Share (%) 2022-2032F
      11.3.2.2.3.Y-o-Y Growth (%) 2022-2032F
  11.3.3. By Industry
    11.3.3.1.Manufacturing
      11.3.3.1.1.By Value (USD Million) 2022-2032F
      11.3.3.1.2. Market Share (%) 2022-2032F
      11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.2. Oil & Gas
      11.3.3.2.1. By Value (USD Million) 2022-2032F
      11.3.3.2.2.Market Share (%) 2022-2032F
      11.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
    11.3.3.3. Energy & Utilities
      11.3.3.3.1. By Value (USD Million) 2022-2032F
      11.3.3.3.2.Market Share (%) 2022-2032F
      11.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
    11.3.3.4. Healthcare
      11.3.3.4.1. By Value (USD Million) 2022-2032F
      11.3.3.4.2. Market Share (%) 2022-2032F
      11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
    11.3.3.5. Automotive
      11.3.3.5.1. By Value (USD Million) 2022-2032F
      11.3.3.5.2.Market Share (%) 2022-2032F
      11.3.3.5.3.Y-o-Y Growth (%) 2022-2032F
    11.3.3.6. Others
      11.3.3.6.1. By Value (USD Million) 2022-2032F
      11.3.3.6.2.Market Share (%) 2022-2032F
      11.3.3.6.3.Y-o-Y Growth (%) 2022-2032F
  11.3.4. By Component
    11.3.4.1.Software
      11.3.4.1.1.By Value (USD Million) 2022-2032F
      11.3.4.1.2. Market Share (%) 2022-2032F
      11.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.4.2. Hardware
      11.3.4.2.1. By Value (USD Million) 2022-2032F
      11.3.4.2.2.Market Share (%) 2022-2032F
      11.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
    11.3.4.3. Services
      11.3.4.3.1. By Value (USD Million) 2022-2032F
      11.3.4.3.2. Market Share (%) 2022-2032F
      11.3.4.3.3. Y-o-Y Growth (%) 2022-2032F
  11.3.5. By Application
    11.3.5.1.Automation
      11.3.5.1.1.By Value (USD Million) 2022-2032F
      11.3.5.1.2. Market Share (%) 2022-2032F
      11.3.5.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.5.2. Property Safety
      11.3.5.2.1. By Value (USD Million) 2022-2032F
      11.3.5.2.2.Market Share (%) 2022-2032F
      11.3.5.2.3.Y-o-Y Growth (%) 2022-2032F
    11.3.5.3. Design
      11.3.5.3.1. By Value (USD Million) 2022-2032F
      11.3.5.3.2.Market Share (%) 2022-2032F
      11.3.5.3.3.Y-o-Y Growth (%) 2022-2032F
    11.3.5.4. Energy Distribution
      11.3.5.4.1.By Value (USD Million) 2022-2032F
      11.3.5.4.2. Market Share (%) 2022-2032F
      11.3.5.4.3. Y-o-Y Growth (%) 2022-2032F
    11.3.5.5. e-Mobility
      11.3.5.5.1. By Value (USD Million) 2022-2032F
      11.3.5.5.2.Market Share (%) 2022-2032F
      11.3.5.5.3.Y-o-Y Growth (%) 2022-2032F
    11.3.5.6. Others
      11.3.5.6.1. By Value (USD Million) 2022-2032F
      11.3.5.6.2.Market Share (%) 2022-2032F
      11.3.5.6.3.Y-o-Y Growth (%) 2022-2032F
  11.3.6. By End User
    11.3.6.1.Healthcare
      11.3.6.1.1.By Value (USD Million) 2022-2032F
      11.3.6.1.2. Market Share (%) 2022-2032F
      11.3.6.1.3. Y-o-Y Growth (%) 2022-2032F
    11.3.6.2. Residential/Smart Homes
      11.3.6.2.1. By Value (USD Million) 2022-2032F
      11.3.6.2.2.Market Share (%) 2022-2032F
      11.3.6.2.3.Y-o-Y Growth (%) 2022-2032F
    11.3.6.3. Energy & Power
      11.3.6.3.1. By Value (USD Million) 2022-2032F
      11.3.6.3.2.Market Share (%) 2022-2032F
      11.3.6.3.3.Y-o-Y Growth (%) 2022-2032F
    11.3.6.4. Commercial Building/Complex
      11.3.6.4.1. By Value (USD Million) 2022-2032F
      11.3.6.4.2.Market Share (%) 2022-2032F
      11.3.6.4.3.Y-o-Y Growth (%) 2022-2032F
    11.3.6.5. Telecom & IT
      11.3.6.5.1. By Value (USD Million) 2022-2032F
      11.3.6.5.2.Market Share (%) 2022-2032F
      11.3.6.5.3.Y-o-Y Growth (%) 2022-2032F
    11.3.6.6. Industrial
      11.3.6.6.1. By Value (USD Million) 2022-2032F
      11.3.6.6.2.Market Share (%) 2022-2032F
      11.3.6.6.3.Y-o-Y Growth (%) 2022-2032F

12. NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET SIZE & FORECAST 2022A-2032F

12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
  12.3.1. By System Type
  12.3.2.By Deployment
  12.3.3.By Industry
  12.3.4.By Component
  12.3.5.By Application
  12.3.6.By End User
12.4. Country
  12.4.1.United States
  12.4.2. Canada

13. EUROPE ENERGY MANAGEMENT SYSTEMS MARKET SIZE & FORECAST 2022A-2032F

13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
  13.3.1. By System Type
  13.3.2.By Deployment
  13.3.3.By Industry
  13.3.4.By Component
  13.3.5.By Application
  13.3.6.By End User
13.4. Country
  13.4.1.Germany
  13.4.2. United Kingdom
  13.4.3. France
  13.4.4. Italy
  13.4.5. Spain
  13.4.6. Russia
  13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)

14. ASIA ENERGY MANAGEMENT SYSTEMS MARKET SIZE & FORECAST 2022A-2032F

14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
  14.3.1. By System Type
  14.3.2.By Deployment
  14.3.3.By Industry
  14.3.4. By Component
  14.3.5.By Application
  14.3.6.By End User
14.4. Country
  14.4.1.India
  14.4.2. China
  14.4.3. South Korea
  14.4.4. Japan
  14.4.5. Rest of APAC

15. MIDDLE EAST AND AFRICA ENERGY MANAGEMENT SYSTEMS MARKET SIZE & FORECAST 2022A-2032F

15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
  15.3.1. By System Type
  15.3.2.By Deployment
  15.3.3.By Industry
  15.3.4.By Component
  15.3.5.By Application
  15.3.6.By End User
15.4. Country
  15.4.1.Israel
  15.4.2. GCC
  15.4.3. North Africa
  15.4.4. South Africa
  15.4.5. Rest of Middle East and Africa

16. LATIN AMERICA ENERGY MANAGEMENT SYSTEMS MARKET SIZE & FORECAST 2022A-2032F

16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
  16.3.1. By System Type
  16.3.2.By Deployment
  16.3.3.By Industry
  16.3.4.By Component
  16.3.5.By Application
  16.3.6.By End User
16.4. Country
  16.4.1. Mexico
  16.4.2. Brazil
  16.4.3. Rest of Latin America

17. COMPETITIVE LANDSCAPE

17.1. Company market share, 2021
17.2.Key player overview
17.3. Key stakeholders

18. COMPANY PROFILES

18.1.Honeywell International Inc.
  18.1.1.Company Overview
  18.1.2.Financial Overview
  18.1.3.Key Product; Analysis
  18.1.4.Company Assessment
    18.1.4.1.Product Portfolio
    18.1.4.2. Key Clients
    18.1.4.3. Market Share
    18.1.4.4. Recent News & Development (Last 3 Yrs.)
    18.1.4.5. Executive Team
18.2. Schneider Electric SE
18.3. GridPoint
18.4.Johnson Controls, Inc.
18.5. C3.ai, Inc.
18.6. General Electric
18.7. ABB
18.8.Cisco Systems, Inc
18.9. Siemens AG
18.10.Emerson Process Management
18.11.International Business Machines Corporation
18.12.Daikin Industries
18.13.Other Prominent Players

19. APPENDIX

20.CONSULTANT RECOMMENDATION



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