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Industrial Energy Management Systems (IEMS) - Global Market Trajectory & Analytics

  • ID: 3619374
  • Report
  • July 2020
  • Region: Global
  • 143 Pages
  • Global Industry Analysts, Inc
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Global Industrial Energy Management Systems (IEMS) Market to Reach $36.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Industrial Energy Management Systems (IEMS) estimated at US$25.6 Billion in the year 2020, is projected to reach a revised size of US$36.3 Billion by 2027, growing at a CAGR of 5.1% over the analysis period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record a 5.7% CAGR and reach US$20.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $7.6 Billion, While China is Forecast to Grow at 4.7% CAGR

The Industrial Energy Management Systems (IEMS) market in the U.S. is estimated at US$7.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.4 Billion by the year 2027 trailing a CAGR of 4.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.

Service Segment to Record 5.3% CAGR

In the global Service segment, USA, Canada, Japan, China and Europe will drive the 5.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.9 Billion in the year 2020 will reach a projected size of US$4.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.2 Billion by the year 2027.We bring years of research experience to this 15th edition of our report. The 143-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

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

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