Reports

Global Energy Management Systems Market Expected to Grow at a CAGR of 14% During 2021-2026, Aided by Technological Advancements

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 (2018-2028); 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 2023-2028, 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 2022
Historical Period 2018-2022
Forecast Period 2023-2028
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Energy Management Systems Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Energy Management Systems Historical Market (2018-2022) 
    8.3    Global Energy Management Systems Market Forecast (2023-2028)
    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 (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Building EMS
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Industrial EMS
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        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 (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Software
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Batteries
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Controller
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Display Devices
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022)
            8.5.5.3    Forecast Trend (2023-2028)
        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 (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Carbon Energy Management
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Utility Billing and Customer Information System
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
    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 (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Implementation and Integration
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Consulting and Training
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022)
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Maintenance
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022)
            8.7.4.3    Forecast Trend (2023-2028)
    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 (2018-2022)
            8.8.1.3    Forecast Trend (2023-2028)
        8.8.2    Power and Energy
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2022)
            8.8.2.3    Forecast Trend (2023-2028)
        8.8.3    Telecom and IT
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2022)
            8.8.3.3    Forecast Trend (2023-2028)
        8.8.4    Healthcare
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2022)
            8.8.4.3    Forecast Trend (2023-2028)
        8.8.5    Retail
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2022)
            8.8.5.3    Forecast Trend (2023-2028)
        8.8.6    Education
            8.8.6.1    Market Share
            8.8.6.2    Historical Trend (2018-2022)
            8.8.6.3    Forecast Trend (2023-2028)
        8.8.7    Others    
    8.9    Global Energy Management Systems Market by Region
        8.9.1    North America
            8.9.1.1    Market Share
            8.9.1.2    Historical Trend (2018-2022) 
            8.9.1.3    Forecast Trend (2023-2028)
        8.9.2    Europe
            8.9.2.1    Market Share
            8.9.2.2    Historical Trend (2018-2022) 
            8.9.2.3    Forecast Trend (2023-2028)
        8.9.3    Asia Pacific
            8.9.3.1    Market Share
            8.9.3.2    Historical Trend (2018-2022) 
            8.9.3.3    Forecast Trend (2023-2028)
        8.9.4    Latin America
            8.9.4.1    Market Share
            8.9.4.2    Historical Trend (2018-2022) 
            8.9.4.3    Forecast Trend (2023-2028)
        8.9.5    Middle East and Africa
            8.9.5.1    Market Share
            8.9.5.2    Historical Trend (2018-2022) 
            8.9.5.3    Forecast Trend (2023-2028)
9    North America Energy Management Systems Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Energy Management Systems Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Energy Management Systems Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Energy Management Systems Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Energy Management Systems Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market  Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Mitsubishi Electric Corporation
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Delta Electronics, Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    General Electric Company
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Schneider Electric SE
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    ABB Ltd.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Honeywell International Inc.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7     Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Energy Management Systems Market: Key Industry Highlights, 2018 and 2028
2.    Global Energy Management Systems Historical Market: Breakup by Type (USD Billion), 2018-2022
3.    Global Energy Management Systems Market Forecast: Breakup by Type (USD Billion), 2023-2028
4.    Global Energy Management Systems Historical Market: Breakup by Component (USD Billion), 2018-2022
5.    Global Energy Management Systems Market Forecast: Breakup by Component (USD Billion), 2023-2028
6.    Global Energy Management Systems Historical Market: Breakup by Solution (USD Billion), 2018-2022
7.    Global Energy Management Systems Market Forecast: Breakup by Solution (USD Billion), 2023-2028
8.    Global Energy Management Systems Historical Market: Breakup by Services (USD Billion), 2018-2022
9.    Global Energy Management Systems Market Forecast: Breakup by Services (USD Billion), 2023-2028
10.    Global Energy Management Systems Historical Market: Breakup by Industry (USD Billion), 2018-2022
11.    Global Energy Management Systems Market Forecast: Breakup by Industry (USD Billion), 2023-2028
12.    Global Energy Management Systems Historical Market: Breakup by Region (USD Billion), 2018-2022
13.    Global Energy Management Systems Market Forecast: Breakup by Region (USD Billion), 2023-2028
14.    North America Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    North America Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Europe Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Europe Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Asia Pacific Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Asia Pacific Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Latin America Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2018-2022
21.    Latin America Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2023-2028
22.    Middle East and Africa Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2018-2022
23.    Middle East and Africa Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2023-2028
24.    Global Energy Management Systems Market Structure

Key Questions Answered in the Report

What is the growth rate of the global energy management systems market?

The global energy management systems market is projected to grow at a CAGR of 14% between 2023 and 2028.

What are the major industry drivers?

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.

What are the key industry trends of the global energy management systems market?

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

What are the major regional markets of the global energy management systems market, according to the EMR report?

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

What are the types of energy management systems in the market?

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

What are the major components of the market?

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

What are the segments based on solutions in the market?

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

What are the services provided by the market?

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

What are the various industries in the market?

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

Who are the key industry players, according to the report?

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 2023-2028, 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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