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Amid the COVID-19 crisis and the looming economic recession, the Industrial Energy Management Systems (IEMS) market worldwide will grow by a projected US$12.3 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 6.1%. Hardware, one of the segments analyzed and sized in this study, is forecast to grow at over 6.7% and reach a market size of US$20.6 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Hardware market will be reset to a new normal which going forward in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.
As part of the new emerging geographic scenario, the United States is forecast to readjust to a 6.1% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$487.1 Million to the region's size over the next 7 to 8 years. In addition, over US$478.7 Million worth of projected demand in the region will come from Rest of the European markets. In Japan, the Hardware segment will reach a market size of US$1.5 Billion by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Industrial Energy Management Systems (IEMS) market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 5.4% over the next couple of years and add approximately US$1.8 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Industrial Energy Management Systems (IEMS) market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others:
ABB Ltd, Aecom, Archibus Inc, Autodesk Inc, C3 Energy, Cascade Energy Inc, Cypress Envirosystems, Eaton Corporation Plc, Emerson Electric Company, ENERGYai, EnerNOC Inc, General Electric Company, GridPoint Inc, Honeywell International, Inc, IBM Corp, Lightapp Technologies, Mitsubishi Electric Corp, Opto22, Panoramic Power, Rockwell Automation Inc, SAP SE, Schneider Electric SE, Setpoint Systems Corporation, Siemens AG, Trane Inc.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
As part of the new emerging geographic scenario, the United States is forecast to readjust to a 6.1% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$487.1 Million to the region's size over the next 7 to 8 years. In addition, over US$478.7 Million worth of projected demand in the region will come from Rest of the European markets. In Japan, the Hardware segment will reach a market size of US$1.5 Billion by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Industrial Energy Management Systems (IEMS) market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 5.4% over the next couple of years and add approximately US$1.8 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Industrial Energy Management Systems (IEMS) market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others:
ABB Ltd, Aecom, Archibus Inc, Autodesk Inc, C3 Energy, Cascade Energy Inc, Cypress Envirosystems, Eaton Corporation Plc, Emerson Electric Company, ENERGYai, EnerNOC Inc, General Electric Company, GridPoint Inc, Honeywell International, Inc, IBM Corp, Lightapp Technologies, Mitsubishi Electric Corp, Opto22, Panoramic Power, Rockwell Automation Inc, SAP SE, Schneider Electric SE, Setpoint Systems Corporation, Siemens AG, Trane Inc.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Energy Management: A Curtain Raiser
Recent Market Activity
Industrial Energy Management Systems (IEMSs): An Introductory Prelude
Future Prospects Remain Optimistic
Sustained Emphasis on Industrial Automation Instigates Massive Momentum
Developed Regions Remain Primary Revenue Contributors
Developing Regions: Hot Spots for Future Growth
Stable Economic Scenario to Offer Growth Opportunities
Competitive Landscape
Global Competitor Market Shares
Industrial Energy Management System (IEMS) Competitor Market Share Scenario Worldwide (in %): 2018 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
ABB Ltd. (Switzerland)
AECOM (USA)
ARCHIBUS, Inc. (USA)
Autodesk, Inc. (USA)
C3 Energy (USA)
Cascade Energy Inc. (USA)
Cypress Envirosystems (USA)
Eaton Corporation Plc (Ireland)
Emerson Electric Company (USA)
ENERGYai (USA)
EnerNOC, Inc. (USA)
General Electric Company (USA)
GridPoint, Inc. (USA)
Honeywell International Inc. (USA)
IBM Corporation (USA)
Lightapp Technologies (Israel)
Mitsubishi Electric Corporation (Japan)
Opto22 (USA)
Panoramic Power (USA)
Rockwell Automation, Inc. (USA)
SAP SE (Germany)
Schneider Electric SE (France)
Setpoint Systems Corporation (USA)
Siemens AG (Germany)
Trane Inc. (USA)
3. MARKET TRENDS & DRIVERS
Spiraling Energy Costs Put Focus on IEMS
New Regulations to Curb Carbon Emissions Fuel IEMS Deployments
Regulatory Tools for Implementing Industrial Energy Efficiency
Energy Audits
Voluntary Agreements
Energy Efficiency Obligation
Information and Campaign
Standards and Certifications
ISO 50001:2011
Surging Importance of Smart Industry to Drive Adoption of IEMS
Industry 4.0 Set to Accelerate Market Adoption
A Glimpse of First, Second, Third & Fourth Industrial Revolutions
IEMS - A Priority for Energy Intensive Industries (EIIs) to Remain Competitive
Standardized and Certified IEMS Key to Realizing Multifarious Energy-related & Non-energy Benefits
IEMS Assumes Critical Importance in Rollout of Smart Grids
Global Deployment of Smart Meters Lays Foundation for IEMS Adoption
Internet of Things (IoT) and Machine to Machine (M2M) Technologies to Revolutionize IEMS Market
Steady Recovery in Global Manufacturing PMI to Bolster Prospects for IEMSs
IEMS Software Gains Precedence in Energy Saving Initiatives of Industrial Enterprises
Cloud-based IEMaaS Set to Proliferate the Market
Services Assume Importance in End-to-End IEMS Strategy
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Industrial Energy Management Systems (IEMS) Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Industrial Energy Management Systems (IEMS) Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: Hardware (Component) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 4: Hardware (Component) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
TABLE 5: Software (Component) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 6: Software (Component) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
TABLE 7: Service (Component) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 8: Service (Component) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Industrial Energy Management System (IEMS) Market Share (in %) by Company: 2018 & 2025
Market Analytics
TABLE 9: United States Industrial Energy Management Systems (IEMS) Market Estimates and Projections in US$ Million by Component: 2020 to 2027
TABLE 10: United States Industrial Energy Management Systems (IEMS) Market Share Breakdown by Component: 2020 VS 2027
CANADA
TABLE 11: Canadian Industrial Energy Management Systems (IEMS) Market Estimates and Forecasts in US$ Million by Component: 2020 to 2027
TABLE 12: Industrial Energy Management Systems (IEMS) Market in Canada: Percentage Share Breakdown of Sales by Component for 2020 and 2027
JAPAN
TABLE 13: Japanese Market for Industrial Energy Management Systems (IEMS): Annual Sales Estimates and Projections in US$ Million by Component for the Period 2020-2027
TABLE 14: Japanese Industrial Energy Management Systems (IEMS) Market Share Analysis by Component: 2020 VS 2027
CHINA
TABLE 15: Chinese Industrial Energy Management Systems (IEMS) Market Growth Prospects in US$ Million by Component for the Period 2020-2027
TABLE 16: Chinese Industrial Energy Management Systems (IEMS) Market by Component: Percentage Breakdown of Sales for 2020 and 2027
EUROPE
Market Facts & Figures
European Industrial Energy Management System (IEMS) Market: Competitor Market Share Scenario (in %) for 2018 & 2025
Market Analytics
TABLE 17: European Industrial Energy Management Systems (IEMS) Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 18: European Industrial Energy Management Systems (IEMS) Market Share Shift by Region/Country: 2020 VS 2027
TABLE 19: European Industrial Energy Management Systems (IEMS) Market Estimates and Forecasts in US$ Million by Component: 2020-2027
TABLE 20: European Industrial Energy Management Systems (IEMS) Market Share Breakdown by Component: 2020 VS 2027
FRANCE
TABLE 21: Industrial Energy Management Systems (IEMS) Market in France by Component: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 22: French Industrial Energy Management Systems (IEMS) Market Share Analysis by Component: 2020 VS 2027
GERMANY
TABLE 23: Industrial Energy Management Systems (IEMS) Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Component for the Period 2020-2027
TABLE 24: German Industrial Energy Management Systems (IEMS) Market Share Breakdown by Component: 2020 VS 2027
ITALY
TABLE 25: Italian Industrial Energy Management Systems (IEMS) Market Growth Prospects in US$ Million by Component for the Period 2020-2027
TABLE 26: Italian Industrial Energy Management Systems (IEMS) Market by Component: Percentage Breakdown of Sales for 2020 and 2027
UNITED KINGDOM
TABLE 27: United Kingdom Market for Industrial Energy Management Systems (IEMS): Annual Sales Estimates and Projections in US$ Million by Component for the Period 2020-2027
TABLE 28: United Kingdom Industrial Energy Management Systems (IEMS) Market Share Analysis by Component: 2020 VS 2027
REST OF EUROPE
TABLE 29: Rest of Europe Industrial Energy Management Systems (IEMS) Market Estimates and Forecasts in US$ Million by Component: 2020-2027
TABLE 30: Rest of Europe Industrial Energy Management Systems (IEMS) Market Share Breakdown by Component: 2020 VS 2027
ASIA-PACIFIC
TABLE 31: Industrial Energy Management Systems (IEMS) Market in Asia-Pacific by Component: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 32: Asia-Pacific Industrial Energy Management Systems (IEMS) Market Share Analysis by Component: 2020 VS 2027
REST OF WORLD
TABLE 33: Rest of World Industrial Energy Management Systems (IEMS) Market Estimates and Forecasts in US$ Million by Component: 2020 to 2027
TABLE 34: Industrial Energy Management Systems (IEMS) Market in Rest of World: Percentage Share Breakdown of Sales by Component for 2020 and 2027
IV. COMPETITION
Total Companies Profiled: 75
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Energy Management: A Curtain Raiser
Recent Market Activity
Industrial Energy Management Systems (IEMSs): An Introductory Prelude
Future Prospects Remain Optimistic
Sustained Emphasis on Industrial Automation Instigates Massive Momentum
Developed Regions Remain Primary Revenue Contributors
Developing Regions: Hot Spots for Future Growth
Stable Economic Scenario to Offer Growth Opportunities
Competitive Landscape
Global Competitor Market Shares
Industrial Energy Management System (IEMS) Competitor Market Share Scenario Worldwide (in %): 2018 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
ABB Ltd. (Switzerland)
AECOM (USA)
ARCHIBUS, Inc. (USA)
Autodesk, Inc. (USA)
C3 Energy (USA)
Cascade Energy Inc. (USA)
Cypress Envirosystems (USA)
Eaton Corporation Plc (Ireland)
Emerson Electric Company (USA)
ENERGYai (USA)
EnerNOC, Inc. (USA)
General Electric Company (USA)
GridPoint, Inc. (USA)
Honeywell International Inc. (USA)
IBM Corporation (USA)
Lightapp Technologies (Israel)
Mitsubishi Electric Corporation (Japan)
Opto22 (USA)
Panoramic Power (USA)
Rockwell Automation, Inc. (USA)
SAP SE (Germany)
Schneider Electric SE (France)
Setpoint Systems Corporation (USA)
Siemens AG (Germany)
Trane Inc. (USA)
3. MARKET TRENDS & DRIVERS
Spiraling Energy Costs Put Focus on IEMS
New Regulations to Curb Carbon Emissions Fuel IEMS Deployments
Regulatory Tools for Implementing Industrial Energy Efficiency
Energy Audits
Voluntary Agreements
Energy Efficiency Obligation
Information and Campaign
Standards and Certifications
ISO 50001:2011
Surging Importance of Smart Industry to Drive Adoption of IEMS
Industry 4.0 Set to Accelerate Market Adoption
A Glimpse of First, Second, Third & Fourth Industrial Revolutions
IEMS - A Priority for Energy Intensive Industries (EIIs) to Remain Competitive
Standardized and Certified IEMS Key to Realizing Multifarious Energy-related & Non-energy Benefits
IEMS Assumes Critical Importance in Rollout of Smart Grids
Global Deployment of Smart Meters Lays Foundation for IEMS Adoption
Internet of Things (IoT) and Machine to Machine (M2M) Technologies to Revolutionize IEMS Market
Steady Recovery in Global Manufacturing PMI to Bolster Prospects for IEMSs
IEMS Software Gains Precedence in Energy Saving Initiatives of Industrial Enterprises
Cloud-based IEMaaS Set to Proliferate the Market
Services Assume Importance in End-to-End IEMS Strategy
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Industrial Energy Management Systems (IEMS) Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Industrial Energy Management Systems (IEMS) Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: Hardware (Component) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 4: Hardware (Component) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
TABLE 5: Software (Component) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 6: Software (Component) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
TABLE 7: Service (Component) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 8: Service (Component) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Industrial Energy Management System (IEMS) Market Share (in %) by Company: 2018 & 2025
Market Analytics
TABLE 9: United States Industrial Energy Management Systems (IEMS) Market Estimates and Projections in US$ Million by Component: 2020 to 2027
TABLE 10: United States Industrial Energy Management Systems (IEMS) Market Share Breakdown by Component: 2020 VS 2027
CANADA
TABLE 11: Canadian Industrial Energy Management Systems (IEMS) Market Estimates and Forecasts in US$ Million by Component: 2020 to 2027
TABLE 12: Industrial Energy Management Systems (IEMS) Market in Canada: Percentage Share Breakdown of Sales by Component for 2020 and 2027
JAPAN
TABLE 13: Japanese Market for Industrial Energy Management Systems (IEMS): Annual Sales Estimates and Projections in US$ Million by Component for the Period 2020-2027
TABLE 14: Japanese Industrial Energy Management Systems (IEMS) Market Share Analysis by Component: 2020 VS 2027
CHINA
TABLE 15: Chinese Industrial Energy Management Systems (IEMS) Market Growth Prospects in US$ Million by Component for the Period 2020-2027
TABLE 16: Chinese Industrial Energy Management Systems (IEMS) Market by Component: Percentage Breakdown of Sales for 2020 and 2027
EUROPE
Market Facts & Figures
European Industrial Energy Management System (IEMS) Market: Competitor Market Share Scenario (in %) for 2018 & 2025
Market Analytics
TABLE 17: European Industrial Energy Management Systems (IEMS) Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 18: European Industrial Energy Management Systems (IEMS) Market Share Shift by Region/Country: 2020 VS 2027
TABLE 19: European Industrial Energy Management Systems (IEMS) Market Estimates and Forecasts in US$ Million by Component: 2020-2027
TABLE 20: European Industrial Energy Management Systems (IEMS) Market Share Breakdown by Component: 2020 VS 2027
FRANCE
TABLE 21: Industrial Energy Management Systems (IEMS) Market in France by Component: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 22: French Industrial Energy Management Systems (IEMS) Market Share Analysis by Component: 2020 VS 2027
GERMANY
TABLE 23: Industrial Energy Management Systems (IEMS) Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Component for the Period 2020-2027
TABLE 24: German Industrial Energy Management Systems (IEMS) Market Share Breakdown by Component: 2020 VS 2027
ITALY
TABLE 25: Italian Industrial Energy Management Systems (IEMS) Market Growth Prospects in US$ Million by Component for the Period 2020-2027
TABLE 26: Italian Industrial Energy Management Systems (IEMS) Market by Component: Percentage Breakdown of Sales for 2020 and 2027
UNITED KINGDOM
TABLE 27: United Kingdom Market for Industrial Energy Management Systems (IEMS): Annual Sales Estimates and Projections in US$ Million by Component for the Period 2020-2027
TABLE 28: United Kingdom Industrial Energy Management Systems (IEMS) Market Share Analysis by Component: 2020 VS 2027
REST OF EUROPE
TABLE 29: Rest of Europe Industrial Energy Management Systems (IEMS) Market Estimates and Forecasts in US$ Million by Component: 2020-2027
TABLE 30: Rest of Europe Industrial Energy Management Systems (IEMS) Market Share Breakdown by Component: 2020 VS 2027
ASIA-PACIFIC
TABLE 31: Industrial Energy Management Systems (IEMS) Market in Asia-Pacific by Component: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 32: Asia-Pacific Industrial Energy Management Systems (IEMS) Market Share Analysis by Component: 2020 VS 2027
REST OF WORLD
TABLE 33: Rest of World Industrial Energy Management Systems (IEMS) Market Estimates and Forecasts in US$ Million by Component: 2020 to 2027
TABLE 34: Industrial Energy Management Systems (IEMS) Market in Rest of World: Percentage Share Breakdown of Sales by Component for 2020 and 2027
IV. COMPETITION
Total Companies Profiled: 75
Note: Product cover images may vary from those shown
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