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Global Energy Management Systems Market: By Type: Home EMS, Building EMS, Industrial EMS; By Component: Sensor, Software, Batteries, Controller, Others; By Solution; By Services; By Industry; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Energy Management Systems Market Outlook

The global energy management systems market is expected to grow at a CAGR of 14% in the forecast period of 2022-2027, to reach USD 94 billion by 2026.

 

Global Energy Management Systems Market

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Favourable Government Policies for Sustainable Energy Usage to Boost Energy Management Systems Industry

The increasing use of smart grids and smart meters is driving the market growth. With the increase in energy demand and ageing electricity infrastructure, governments across the globe are focusing on the modernization of energy grids by adopting smart grid solutions. Various governments are undertaking a modernisation drive to upgrade their power system. This is facilitating the demand for energy efficiency solutions, and consequently, the growth of energy management systems. Further, market drivers for the expansion of industry size include increasing adoption of smart grids, stringent government regulations to conserve energy, technological developments that help collect and monitor data usage. These are expected to boost market growth over the forecast period as well.

 

Energy Management Systems: Market Segmentation

An energy management system refers to a system of computer aided tools used by operators of electrical utility grids to monitor, control, and optimize the performance of the generation or transmission system.

 

Global Energy Management Systems Market By Service

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By type, the market is divided into:

  • Home EMS
  • Building EMS
  • Industrial EMS 
  • Others

On the basis of component, the market is divided into:

  • Sensor
  • Software
  • Batteries
  • Controller
  • Display Devices
  • Others

Based on solutions, the market is segmented into:

  • Demand Response Management
  • Carbon Energy Management
  • Utility Billing and Customer Information System

By Services, the market is divided into:

  • Monitoring and Control
  • Implementation and Integration
  • Consulting and Training
  • Maintenance

On the basis of industry, the market is categorised into:

  • Manufacturing
  • Power and Energy
  • Telecom and IT
  • Healthcare
  • Retail
  • Education
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Energy Management Systems Market By Region

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Technology Advancements to Boost the Market Growth of Energy Management Systems


The market growth of energy management systems (EMS) is being driven by the fluctuations in commercial energy prices, which are boosting the demand for energy efficient systems in daily industrial operations. The industrial energy management systems are expected to contribute maximum revenue share within the forecast period due to rising inclination towards achieving energy efficiency. Various market verticals are adopting energy management systems in the coming years, as a result, the EMS industry is expected to witness rapid growth in the forecast period. The emerging economies in Southeast Asia and the African region are predicted to offer attractive business opportunities for the EMS market players. This is expected to favour the market growth in the upcoming years. The rising technological advancements in various industries is expected to aid the market growth of energy management systems.

 

Key Industry Players in the Global Energy Management Systems Market

The report gives a detailed analysis of the following key players in the global energy management systems market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Mitsubishi Electric Corporation
  • Delta Electronics, Inc.  
  • General Electric Company
  • Schneider Electric SE    
  • ABB Ltd.
  • Honeywell International Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Component, Solution, Services, Industry, Region
Breakup by Type Home EMS, Building EMS, Industrial EMS, Others
Breakup by Component Sensor, Software, Batteries, Controller, Display Devices, Others
Breakup by Solution Demand Response Management, Carbon Energy Management, Utility Billing and Customer Information System
Breakup by Services Monitoring and Control, Implementation and Integration, Consulting and Training, Maintenance
Breakup by Industry Manufacturing, Power and Energy, Telecom and IT, Healthcare, Retail, Education, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Mitsubishi Electric Corporation, Delta Electronics, Inc., General Electric Company, Schneider Electric SE, ABB Ltd., Honeywell International Inc., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Energy Management Systems Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Energy Management Systems Historical Market (2017-2021) 
    8.3    Global Energy Management Systems Market Forecast (2022-2027)
    8.4    Global Energy Management Systems Market by Type
        8.4.1    Home EMS
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Building EMS
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Industrial EMS
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Others
    8.5    Global Energy Management Systems Market by Component
        8.5.1    Sensor
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Software
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Batteries
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        8.5.4    Controller
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2017-2021)
            8.5.4.3    Forecast Trend (2022-2027)
        8.5.5    Display Devices
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2017-2021)
            8.5.5.3    Forecast Trend (2022-2027)
        8.5.6    Others
    8.6    Global Energy Management Systems Market by Solution
        8.6.1    Demand Response Management
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Carbon Energy Management
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Utility Billing and Customer Information System
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
    8.7    Global Energy Management Systems Market by Services
        8.7.1    Monitoring and Control
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Implementation and Integration
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Consulting and Training
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021)
            8.7.3.3    Forecast Trend (2022-2027)
        8.7.4    Maintenance
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2017-2021)
            8.7.4.3    Forecast Trend (2022-2027)
    8.8    Global Energy Management Systems Market by Industry
        8.8.1    Manufacturing
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2017-2021)
            8.8.1.3    Forecast Trend (2022-2027)
        8.8.2    Power and Energy
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2017-2021)
            8.8.2.3    Forecast Trend (2022-2027)
        8.8.3    Telecom and IT
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2017-2021)
            8.8.3.3    Forecast Trend (2022-2027)
        8.8.4    Healthcare
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2017-2021)
            8.8.4.3    Forecast Trend (2022-2027)
        8.8.5    Retail
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2017-2021)
            8.8.5.3    Forecast Trend (2022-2027)
        8.8.6    Education
            8.8.6.1    Market Share
            8.8.6.2    Historical Trend (2017-2021)
            8.8.6.3    Forecast Trend (2022-2027)
        8.8.7    Others
    8.9    Global Energy Management Systems Market by Region
        8.9.1    Market Share
            8.9.1.1    North America
            8.9.1.2    Europe
            8.9.1.3    Asia Pacific
            8.9.1.4    Latin America
            8.9.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Mitsubishi Electric Corporation
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Delta Electronics, Inc.  
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    General Electric Company
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Schneider Electric SE    
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    ABB Ltd.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Honeywell International Inc.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments


List of Key Figures and Tables

1.    Global Energy Management Systems Market: Key Industry Highlights, 2016 and 2026
2.    Global Energy Management Systems Historical Market: Breakup by Type (USD Billion), 2017-2021
3.    Global Energy Management Systems Market Forecast: Breakup by Type (USD Billion), 2022-2027
4.    Global Energy Management Systems Historical Market: Breakup by Component (USD Billion), 2017-2021
5.    Global Energy Management Systems Market Forecast: Breakup by Component (USD Billion), 2022-2027
6.    Global Energy Management Systems Historical Market: Breakup by Solution (USD Billion), 2017-2021
7.    Global Energy Management Systems Market Forecast: Breakup by Solution (USD Billion), 2022-2027
8.    Global Energy Management Systems Historical Market: Breakup by Services (USD Billion), 2017-2021
9.    Global Energy Management Systems Market Forecast: Breakup by Services (USD Billion), 2022-2027
10.    Global Energy Management Systems Historical Market: Breakup by Industry (USD Billion), 2017-2021
11.    Global Energy Management Systems Market Forecast: Breakup by Industry (USD Billion), 2022-2027
12.    Global Energy Management Systems Historical Market: Breakup by Region (USD Billion), 2017-2021
13.    Global Energy Management Systems Market Forecast: Breakup by Region (USD Billion), 2022-2027
14.    North America Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    North America Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Europe Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Europe Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Asia Pacific Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Asia Pacific Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2022-2027
20.    Latin America Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2017-2021
21.    Latin America Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2022-2027
22.    Middle East and Africa Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2017-2021
23.    Middle East and Africa Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2022-2027
24.    Global Energy Management Systems Market Structure

Key Questions Answered in the Report

The global energy management systems market is projected to grow at a CAGR of 14% between 2022 and 2027.

The industry is developing due to the increased usage of smart grids and smart meters, growing government initiatives, modernisation of energy systems and rising technological advancements.

The key trends augmenting the market’s growth are the changes in commercial energy costs and increasing demand for energy efficient systems.

The major regions in the industry are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

By type, the market is divided into home EMS, building EMS, and industrial EMS, among others.

On the basis of component, the market is divided into sensor, software, batteries, controller, and display devices, among others.

Based on solutions, the market is segmented into demand response management, carbon energy management, utility billing and customer information system.

By services, the market is divided into monitoring and control, implementation and integration, consulting and training, and maintenance.

On the basis of industry, the market is categorised into manufacturing, power and energy, telecom and IT, healthcare, retail, and education, among others.

The major players in the industry are Mitsubishi Electric Corporation, Delta Electronics, Inc., General Electric Company, Schneider Electric SE, ABB Ltd., and Honeywell International Inc., among others.

Analyst Review

The global energy management systems market is being driven by the increased usage of smart grids and smart meters in the historical period. Aided by the growing government initiatives and changes in commercial energy costs, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 14%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the global energy management systems industry can be segmented into home EMS, building EMS, and industrial EMS, among others. Based on component, the industry can be divided into sensor, software, batteries, controller, display and devices, among others. By solution, the major segments are demand response management, carbon energy management, utility billing and customer information system. On the basis of services, monitoring and control, implementation and integration, consulting and training, and maintenance are the various categories. The breakup by industry can be done as manufacturing, power and energy, telecom and IT, healthcare, retail, and education, among others. The major regional markets for energy management systems are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific. The key players in the above market include Mitsubishi Electric Corporation, Delta Electronics, Inc., General Electric Company, Schneider Electric SE, ABB Ltd., and Honeywell International Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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