Energy Management System - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Energy Management System market is accounted for $35.50 billion in 2017 and is expected to reach $185.75 billion by 2026 growing at a CAGR of 20.2% during the forecast period. Increasing awareness about carbon footprint management, high demand in growing economies, rising energy consumption and price volatility are some of the key factors restricting the market growth. However, high initial cost of deployment and lack of financial resources are restricting the market.
Energy Management Information provides relevant information that makes energy performance visible to various levels of an organization, enabling individuals and departments to plan, make decisions and take effective action to manage energy. It can lead to productivity improvements through the continuous monitoring of energy performance, and savings opportunities that, once implemented, are sustained over the long term.
Amongst Component, Sensors held considerable market share during forecast period owing to technological advancements and real-time data tracking with enhanced efficiency of sensors. Commonly used sensors include thermal cameras, motion-detecting, optical cameras, and optical trip wires. By geography, North America is anticipated to have the largest market share and dominated the market during the forecast period due its wide acceptance in a variety of end users including retail, power, and manufacturing sectors.
Some of the key players profiled in the Energy Management System Market include Honeywell International, Inc., Schneider Electric SE, Siemens AG, International Business Machine Corporation, CA Technologies, General Electric Company, Eaton Corporation PLC, Cisco Systems, Inc., Emerson Electric Company, Asea Brown Boveri (ABB) Ltd., Yokogawa electric corporation, Gridpoint inc., Dexma, Johnson controls international plc, Delta electronics, inc, Itron, Alertme.Com Ltd, Silver Spring Networks, Inc., Opower, Inc and Elster Group Gmbh.
Solutions Covered:
• Utility Billing and Customer Information System
• Demand Response Management
• Carbon Management System
Devices Covered:
• Smart Plugs
• Load Control Switches
• Smart Thermostats
• In-House Display
Services Covered:
• Consulting & training
• Maintenance
• Implementation & integration
• Monitoring & control
Applications Covered:
• Industrial energy management system
• Building energy management system
• Home energy management systems
Software’s covered:
• Enterprise Carbon and Energy Management
• Residential Energy Management System
• Industrial Energy Management System
• Utility Energy Management System
• Other Software’s
Components Covered:
• Controllers
• Sensors
• Batteries
• Display devices
• Other Components
End Users covered:
• Municipal, University, School, and Hospital System
• Manufacturing
• Telecom and IT
• Power and Energy (P&E)
• Office and Commercial Building
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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