Energy Management System Market by Type (BEMS, CEMS, FEMS, REMS, HEMS), by Component (Hardware, Software, Services), by End Use Industry (Energy and Power, IT & Telecom, Manufacturing, Chemical, Others), by Region (Asia-Pacific, North America, Europe, Middle East & Africa) – Global Forecast 2019 to 2024

Energy Management System Market Size, Share, Trends, Growth, Analysis, Research

 

Energy Management System Market: Summary

The global energy management system market is estimated to reach USD 110.4 Billion in 2024 at a CAGR of 18.8%. Volatility of energy prices and increasing awareness of technology availability and validity is expected to drive the energy management system market during the forecast period. However, involvement of multiple stakeholders in the process is expected to restrain the market during the forecast period. Developing cost effective system is expected to become an opportunity for energy management system market.

Energy management system (EMS) permits consolidated control of energy usage across premises. It is a Central control system which allows operation of several control systems from a single application. All the sensors present in the system works as data inputs and the system uses these inputs to regulate control components. Some key players in EMS market are Schneider Electric SE, ABB Ltd., General Electric Company, Johnson Controls International PLC, and IBM Corporation among others.

 

Energy Management System Market Segmentation

This market research report offers a comprehensive analysis of key market trends in the global EMS market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of type, the market is segmented into building and energy management systemcluster energy management systemhome energy management systemretail energy management system, and factory energy management systemBy component, EMS market is segmented into, hardware, software and services. By solution, EMS market is segmented into, demand response management system, carbon management system, utility billing and customer information system. By end use industry, EMS market is segmented into energy and power, IT & Telecom, manufacturing, chemical, transportation and others.

Energy Management System Market Report Scope

The report on the EMS market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire in energy dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2017-2024

Base Year for Market Calculation

2018

Forecasted Period

2019-2024 (2019 estimated year, forecasted up to 2024)

Measured Units

Value (USD Million)

Segments Included

Type, Component, Solution, End Use Industry

Regional Coverage

Asia-Pacific, North America, Europe, Middle East & Africa, South America

Companies Covered

  • Schneider Electric SE (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • ABB Ltd.
  • General Electric Company
  • Johnson Controls International PLC
  • IBM Corporation
  • SAP SE
  • Ingersoll-Rand plc
  • Cisco Systems, Inc.
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Other Key Companies

Energy Management System Market Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Energy Management System Market by Type

  • Building and Energy Management System (BEMS)
  • Cluster Energy Management System (CEMS)
  • Home Energy Management System (HEMS)
  • Retail Energy Management System (REMS)
  • Factory Energy Management System (FEMS)

Energy Management System Market by Component

  • Hardware
    • Controllers
    • Sensors
    • Batteries
    • Display Devices
    • Others
  • Software
    • Cloud-Based
    • Web-Based
  • Services
    • Analysis Services
    • Technical Services
    • Program Services

Energy Management System Market by Solution

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

Energy Management System Market by End Use Industry

  • Energy and Power
  • IT & Telecom
  • Manufacturing
  • Chemical
  • Transportation
  • Others

Energy Management System Market by Region

  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • The Netherlands
    • Rest of Europe
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions answered by the report

  • What are the major developments impacting the Energy Management System Market and its growth?
  • What will be the effects of the developments in the Energy Management System Market on the industry and on the market players in the near and far future?
  • What are the evolving types of the Energy Management System Market?
  • What are the evolving applications of Energy Management System Market?
  • What are the major characteristics that will affect the Energy Management System Market growth during the study period?
  • Who are the key players operating in the Energy Management System Market?
  • How are the major players leveraging in the existing market conditions?

Report Audience

  • Energy Management System Market Providers
  • Energy Management System Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Energy Management System Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE ENERGY MANAGEMENT SYSTEM MARKET STUDY

1      INTRODUCTION

1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations

2      RESEARCH DESIGN & SCOPE

2.1       Introduction

2.2       Primary Research

                                  2.2.1    Key Industry Expert Insight

2.3       Secondary Research

                                  2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation

3      EXECUTIVE SUMMARY

4      MARKET DYNAMICS

4.1       Introduction

4.2       Drivers

                                  4.2.1    Volatility of Energy Prices

                                  4.2.2    Increasing Awareness of Technology Availability and Validity

4.3       Restraints

                                  4.3.1    Involvement of Multiple Stakeholders in the Process

                                  4.3.2    Higher Cost of the System

4.4       Opportunities

                                 4.4.1.    Developing Cost Effective System

4.5       Challenges

                                 4.5.1.    Longer Payback Period for Developing Projects

                                 4.5.2.    Lack of Trained Workforce with Relevant Skillsets

5      INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1       Introduction

                                 5.1.1.    Power of Buyers

                                 5.1.2.    Power of Suppliers

                                 5.1.3.    Intensity of Competition

                                 5.1.4.    Challenges of Substitutes

                                 5.1.5.    Challenges of New Entrants

5.2       Macro-Economic Indicators

6      GLOBAL ENERGY MANAGEMENT SYSTEM MARKET BY TYPE, Market Size in USD Million (2017—2024)

6.1       Introduction

6.2       Building and Energy Management System (BEMS)

6.3       Cluster Energy Management System (CEMS)

6.4       Home Energy Management System (HEMS)

6.5       Retail Energy Management System (REMS)

6.6       Factory Energy Management System (FEMS)

7      GLOBAL ENERGY MANAGEMENT SYSTEM MARKET BY COMPONENT, Market Size in USD Million (2017—2024)

7.1       Introduction

7.2       Hardware

                                  7.2.1    Controllers

                                  7.2.2    Sensors

                                  7.2.3    Batteries

                                  7.2.4    Display Devices

                                  7.2.5    Others

7.3       Software

                                  7.3.1    Cloud-Based

                                  7.3.2    Web-Based

7.4       Services

                                  7.4.1    Analysis Services

                                  7.4.2    Technical Services

                                  7.4.3    Program Services

8      GLOBAL ENERGY MANAGEMENT SYSTEM MARKET BY SOLUTION, Market Size in USD Million (2017—2024)

8.1       Introduction

8.2       Demand Response Management System

8.3       Carbon Management System

8.4       Utility Billing and Customer Information System

9      GLOBAL ENERGY MANAGEMENT SYSTEM MARKET BY END USE INDUSTRY, Market Size in USD Million (2017—2024)

9.1       Introduction

9.2       Energy and Power

9.3       Telecom and IT

9.4       Manufacturing

9.5       Chemical

9.6       Transportation

9.7       Others

10   GLOBAL ENERGY MANAGEMENT SYSTEM MARKET BY REGION, Market Size in USD Million (2017—2024)

10.1     North America

                                10.1.1    US

                                10.1.2    Canada

                                10.1.3    Mexico

10.2     Europe

                                10.2.1    Germany

                                10.2.2    France

                                10.2.3    Italy

                                10.2.4    UK

                                10.2.5    The Netherlands

                                10.2.6    Rest of Europe

10.3     Asia-Pacific

                                10.3.1    China

                                10.3.2    India

                                10.3.3    Japan

                                10.3.4    South Korea

                                10.3.5    Australia

                                10.3.6    Rest of Asia-Pacific

10.4     Middle East & Africa

                                10.4.1    Saudi Arabia

                                10.4.2    UAE

                                10.4.3    Rest of Middle East & Africa

10.5     South America

                                10.5.1    Brazil

                                10.5.2    Argentina

                                10.5.3    Rest of South America

11   COMPETITIVE LANDSCAPE

11.1     Introduction

11.2     Market Ranking/Share Analysis of Key Companies

11.3     Company Benchmarking

12   COMPANY PROFILES

12.1     Schneider Electric SE

                                12.1.1    Company Overview

                                12.1.2    Financial Overview

                                12.1.3    Products/Solutions/Services Offered

                                12.1.4    Key Developments

                                12.1.5    SWOT Analysis

12.2     ABB Ltd.

12.3     General Electric Company

12.4     Johnson Controls International PLC

12.5     IBM Corporation

12.6     SAP SE

12.7     Ingersoll-Rand plc

12.8     Cisco Systems, Inc.

12.9     Emerson Electric Co.

12.10  Honeywell International Inc.

12.11  Other Key Companies

13   APPENDIX

13.1     Key Industry Expert Insights

13.2     Primary Discussion Guide

13.3   Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

 

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

LET’S GET STARTED

Ready To Make a Real Change?