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Energy Management Systems Market

Global Energy Management Systems Market Size, Share, Report: By Type: Home EMS, Building EMS, Industrial EMS, Others; By Component: Sensor, Software, Batteries, Controller, Display Devices, Others; By Solution: Demand Response Management, Others; By Services; By Industry; Regional Analysis; Competitive Landscape; 2024-2032

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 2024-2032, to reach USD 206.32 billion by 2032.

 

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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
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
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Energy Management Systems Market Report Snapshots

Energy Management Systems Market Size

Energy Management Systems Market Growth

Energy Management Systems Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

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 (2018-2023) 
    8.3    Global Energy Management Systems Market Forecast (2024-2032)
    8.4    Global Energy Management Systems Market by Type
        8.4.1    Home EMS
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Building EMS
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Industrial EMS
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Others
    8.5    Global Energy Management Systems Market by Component
        8.5.1    Sensor
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Software
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Batteries
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2   Forecast Trend (2024-2032)
        8.5.4    Controller
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Display Devices
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    Global Energy Management Systems Market by Solution
        8.6.1    Demand Response Management
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Carbon Energy Management
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Utility Billing and Customer Information System
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
    8.7    Global Energy Management Systems Market by Services
        8.7.1    Monitoring and Control
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Implementation and Integration
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Consulting and Training
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Maintenance
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
    8.8    Global Energy Management Systems Market by Industry
        8.8.1    Manufacturing
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Power and Energy
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Telecom and IT
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Healthcare
            8.8.4.1    Historical Trend (2018-2023)
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Retail
            8.8.5.1    Historical Trend (2018-2023)
            8.8.5.2    Forecast Trend (2024-2032)
        8.8.6    Education
            8.8.6.1    Historical Trend (2018-2023)
            8.8.6.2    Forecast Trend (2024-2032)
        8.8.7    Others    
    8.9    Global Energy Management Systems Market by Region
        8.9.1    North America
            8.9.1.1    Historical Trend (2018-2023) 
            8.9.1.2    Forecast Trend (2024-2032)
        8.9.2    Europe
            8.9.2.1    Historical Trend (2018-2023) 
            8.9.2.2    Forecast Trend (2024-2032)
        8.9.3    Asia Pacific
            8.9.3.1    Historical Trend (2018-2023) 
            8.9.3.2    Forecast Trend (2024-2032)
        8.9.4    Latin America
            8.9.4.1    Historical Trend (2018-2023) 
            8.9.4.2    Forecast Trend (2024-2032)
        8.9.5    Middle East and Africa
            8.9.5.1    Historical Trend (2018-2023) 
            8.9.5.2    Forecast Trend (2024-2032)
9    North America Energy Management Systems Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Energy Management Systems Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Energy Management Systems Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Energy Management Systems Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Energy Management Systems Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    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 2032
2.    Global Energy Management Systems Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Energy Management Systems Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Energy Management Systems Historical Market: Breakup by Component (USD Billion), 2018-2023
5.    Global Energy Management Systems Market Forecast: Breakup by Component (USD Billion), 2024-2032
6.    Global Energy Management Systems Historical Market: Breakup by Solution (USD Billion), 2018-2023
7.    Global Energy Management Systems Market Forecast: Breakup by Solution (USD Billion), 2024-2032
8.    Global Energy Management Systems Historical Market: Breakup by Services (USD Billion), 2018-2023
9.    Global Energy Management Systems Market Forecast: Breakup by Services (USD Billion), 2024-2032
10.    Global Energy Management Systems Historical Market: Breakup by Industry (USD Billion), 2018-2023
11.    Global Energy Management Systems Market Forecast: Breakup by Industry (USD Billion), 2024-2032
12.    Global Energy Management Systems Historical Market: Breakup by Region (USD Billion), 2018-2023
13.    Global Energy Management Systems Market Forecast: Breakup by Region (USD Billion), 2024-2032
14.    North America Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    North America Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Europe Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Europe Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Asia Pacific Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Asia Pacific Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Latin America Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Latin America Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Middle East and Africa Energy Management Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
23.    Middle East and Africa Energy Management Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
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 2024 and 2032.

The major market drivers include the increasing usage of smart grids and smart meters and the introduction of favourable government initiatives aimed at modernising energy systems.

The key trends guiding the market growth include the increasing demand for energy efficient systems and the technological advancements and innovations.

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

The major types of the product are home EMS, building EMS, and industrial EMS, among others.

The significant components of energy management systems are sensor, software, batteries, controller, and display devices, among others.

The various solutions considered in the market report are demand response management, carbon energy management, and utility billing and customer information system, among others.

The different segments based on service of the product considered in the market report are monitoring and control, implementation and integration, consulting and training, and maintenance.

The several industries considered in the market report are manufacturing, power and energy, telecom and IT, healthcare, retail, and education, among others.

The major players in the market 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 2024-2032, 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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