Energy Management System Market Research Report- Forecast 2023

Energy Management System Market Research Report- Forecast 2023

ID: MRFR/SEM/2091-HCRR | July, 2017 | Region: Global | 100 pages | Half-Cooked Research Reports

Energy Management System Market, By Software (Utility EMS, Industrial EMS, Residential EMS), By Solution (Carbon Energy Management, Demand Response Management, Utility Billing & Customer Information System), By Verticals (IT & Telecommunication, Energy & Power, Healthcare, Manufacturing) - Forecast 2023.


Market Synopsis of Energy Management System Market:


Market Scenario:


Energy management system is the system that monitors and conserves energy in a building or an organization. This system meters the energy consumption and collects the data required for conserving energy. This system tracks the progress by analyzing the meter data and monitoring the results obtained. This system takes actions to target the factors causing energy conservation such as tackling the routine waste and replacing it with equipment.


The driving factors for energy management system market include rising awareness among people to improve environment quality, increasing demand for green environment all around the world, awareness among factory owners to implement energy management systems for their production units in order to have healthy environment have led to growth of energy management systems in the market. The advantage of using this system is that it reduces costs due to which most of the organization can save up to half percent of fuel by managing the energy use. The only drawback is that some of the organization do not see energy management as an opportunity to improve performance and reduce costs.


The energy management system market is segmented on the basis of software, solution and vertical. The software segment consists of utility EMS, industrial EMS, residential EMS and enterprise carbon & energy management. The solution segment consists of carbon energy management, demand response management, utility billing and customer information system. By software segment, utility EMS monitors and controls all the transmission, generation and distribution assets. It reduces overall system costs and provides maintenance support tools. These systems help in managing large state- wide and region-wide power grid transmission networks.


The energy management system market is expected to grow at USD ~89 Billion by 2023, at ~18% of CAGR between 2017 and 2023.


Study Objectives of Energy Management System Market:



  • To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the energy management system

  • To provide insights about factors affecting the market growth.

  • To analyze the energy management system market based porter’s five force analysis etc.

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).

  • To provide country level analysis of the market with respect to the current market size and future prospective.

  • To provide country level analysis of the market for segment on the basis of software, solution and vertical.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the energy management system


Energy Management System Market

Energy Management System Market

 


Key Players:


The prominent players in the energy management system market are Honeywell International Inc. (U.S.), Cisco Systems Inc. (U.S.), International Business Machines Corporation (U.S.), Siemens AG Ltd. (Germany), Eaton Corporation PLC (Ireland), CA Technologies (U.S.), Emerson Electric Company (U.S.), Daikin Industries Ltd. (Japan), Carma Industries Inc. (Canada), Enernoc Inc. (U.S.), among others.


Segments:


Energy management system market is segmented on the basis of software, solutions and vertical.


Energy management system market by Software:



  • Utility EMS

  • Industrial EMS

  • Residential EMS

  • Enterprise Carbon And Energy Management


Energy management system market by Solution:

  • Carbon energy management

  • Demand response management

  • Utility billing and customer information system


Energy management system market by Verticals:

  • IT & Telecommunication

  • Energy & Power

  • Healthcare

  • Manufacturing

  • Office and Commercial Buildings

  • Others


Regional Analysis:

The regional analysis of energy management system market is being studied for region such as Asia Pacific, North America, Europe and Rest of the World. North America is estimated to acquire largest market share in this market because of increasing demand for adoption of building energy management systems (BEMS) which has led to healthy environment across the building. Europe is expected to be second largest region because of government initiatives for implementation of energy saving plans and promotion of renewable energy resources.


Intended Audience



  • Energy management device manufacturers

  • Retail energy service providers

  • EMS vendors

  • Utilities/power generators

  • System design and development vendors

  • Training and education service providers

  • Original equipment manufacturers

1    MARKET INTRODUCTION

      1.1    INTRODUCTION    

      1.2    SCOPE OF STUDY

            1.2.1    RESEARCH OBJECTIVE

            1.2.2    ASSUMPTIONS

            1.2.3    LIMITATIONS

      1.3    MARKET STRUCTURE

2    RESEARCH METHODOLOGY

      2.1    RESEARCH TYPE

      2.2    PRIMARY RESEARCH

      2.3    SECONDARY RESEARCH

      2.4    FORECAST MODEL

            2.4.1    MARKET DATA COLLECTION, ANALYSIS & FORECAST

            2.4.2    MARKET SIZE ESTIMATION

3    MARKET DYNAMICS

      3.1    INTRODUCTION

      3.2    MARKET DRIVERS

      3.3    MARKET CHALLENGES

      3.4    MARKET OPPORTUNITIES

      3.5    MARKET RESTRAINTS

4    EXECUTIVE SUMMARY

5.    MARKET FACTOR ANALYSIS

      5.1    PORTER’S FIVE FORCES ANALYSIS

      5.2    SUPPLY CHAIN ANALYSIS

6    ENERGY MANAGEMENT SYSTEM MARKET, BY SEGMENTS

      6.1    INTRODUCTION

      6.2    MARKET STATISTICS

            6.2.1    BY SOFTWARE

                6.2.1.1   UTILITY EMS

                6.2.1.2   INDUSTRIAL EMS

                6.2.1.3     RESIDENTIAL EMS

                6.2.1.4   ENTERPRISE CARBON AND ENERGY MANAGEMENT

                6.2.1.5   OTHERS  

            6.2.2    BY SOLUTION

                6.2.2.1    CARBON ENERGY MANAGEMENT

                6.2.2.2    DEMAND RESPONSE MANAGEMENT

                6.2.2.3   UTILITY BILLING AND CUSTOMER INFORMATION SYSTEM

            6.2.3    BY VERTICAL

                6.2.3.1     IT & TELECOMMUNICATIONS

                6.2.3.2     POWER & ENERGY

                6.2.3.3   HEALTHCARE

                6.2.3.4   MANUFACTURING

                6.2.3.5   OFFICE AND COMMERCIAL BUILDINGS

                6.2.3.6   OTHERS

             6.2.4      BY GEOGRAPHY

                6.2.4.1    NORTH AMERICA

                6.2.4.2    EUROPE

                6.2.4.3    ASIA-PACIFIC

                6.2.4.4    REST OF THE WORLD

7    COMPETITIVE ANALYSIS

      7.1    MARKET SHARE ANALYSIS

      7.2    COMPANY PROFILES

            7.2.1    HONEYWELL INTERNATIONAL INC. (U.S.)

            7.2.2    CISCO SYSTEMS, INC. (U.S.)

            7.2.3    INTERNATIONAL BUSINESS MACHINES CORPORATION (U.S.)

            7.2.4    SIEMENS AG LTD. (GERMANY)

            7.2.5    EATON CORPORATION PLC (IRELAND)

            7.2.6    CA TECHNOLOGIES (U.S.)

            7.2.7     EMERSON ELECTRIC COMPANY (U.S.)

            7.2.8    DAIKIN INDUSTRIES LTD. (JAPAN)

            7.2.9     CARMA INDUSTRIES INC. (CANADA)

            7.2.10     ENERNOC INC. (U.S.)

            7.2.11     OTHERS

 

LIST OF TABLES

TABLE 1 ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE

TABLE 2    ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION

TABLE 3    ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL

TABLE 4    ENERGY MANAGEMENT SYSTEM MARKET, BY REGIONS

TABLE 5    NORTH AMERICA ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE

TABLE 6    NORTH AMERICA ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION

TABLE 7    NORTH AMERICA ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL

TABLE 8 U.S. ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE

TABLE 9    U.S. ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION

TABLE 10 U.S. ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL

TABLE 11 CANADA ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE

TABLE 12 CANADA ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION

TABLE 13 CANADA ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL

TABLE 14 EUROPE ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE

TABLE 15 EUROPE ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION

TABLE 16 EUROPE ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL

TABLE 17 GERMANY ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE

TABLE 18 GERMANY ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION

TABLE 19 GERMANY ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL

TABLE 20 FRANCE ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE

TABLE 21 FRANCE ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION

TABLE 22 FRANCE ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL

TABLE 23 U.K. ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE

TABLE 24 U.K. ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION

TABLE 25 U.K. ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL

TABLE 26 REST OF EUROPE ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE

TABLE 27 REST OF EUROPE ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION

TABLE 28 REST OF EUROPE ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL

TABLE 29 ASIA-PACIFIC ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE

TABLE 30 ASIA-PACIFIC ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION

TABLE 31 ASIA-PACIFIC ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL

TABLE 32 REST OF THE WORLD ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE

TABLE 33 REST OF THE WORLD ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION

TABLE 34 REST OF THE WORLD ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL



LIST OF FIGURES

FIGURE 1  RESEARCH TYPE

FIGURE 2  ENERGY MANAGEMENT SYSTEM MARKET: BY SOFTWARE (%)

FIGURE 3  ENERGY MANAGEMENT SYSTEM MARKET: BY SOLUTION (%)

FIGURE 4  ENERGY MANAGEMENT SYSTEM MARKET: BY VERTICAL (%)

FIGURE 5  ENERGY MANAGEMENT SYSTEM MARKET: BY REGION (%)

FIGURE 6  NORTH AMERICA ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE (%)

FIGURE 7  NORTH AMERICA ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION (%)

FIGURE 8  NORTH AMERICA ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL (%)

FIGURE 9  EUROPE ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE (%)

FIGURE 10 EUROPE ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION (%)

FIGURE 11 EUROPE ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL (%)

FIGURE 12    ASIA-PACIFIC ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE (%)

FIGURE 13    ASIA-PACIFIC ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION (%)

FIGURE 14    ASIA-PACIFIC ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL (%)

FIGURE 15    ROW ENERGY MANAGEMENT SYSTEM MARKET, BY SOFTWARE (%)

FIGURE 16    ROW ENERGY MANAGEMENT SYSTEM MARKET, BY SOLUTION (%)

FIGURE 17    ROW ENERGY MANAGEMENT SYSTEM MARKET, BY VERTICAL (%)