The demand for energy management systems is on a rapid increase in India, owing to initiative of government toward Smart Cities Mission project for upgradation and development of various infrastructure for the selected cities across the country, where the effective energy management solutions and energy storage solutions are required to are require for improvement, redevelopment, and extension of various utilities, infrastructure, and transportation. Moreover, various leading global manufacturing companies invest toward the development of their manufacturing facilities in the country to capitalize over the Southeast Asian markets. The fast-growing Indian economy as well as emergence of India’s manufacturing capabilities after China are expected to provide lucrative business opportunities for the EMS market players during the forecast period. Furthermore, energy management solutions aid in improving the overall energy consumption, monitoring, and enhancing the efficiency of the building. However, lack of awareness among long-term benefits of EMS solutions as well as tough efficient energy policies hinder the growth of India EMS market.
The India energy management systems market is segmented based on offering, service, component, type, end user, market vertical, and region. The offering segment is bifurcated into systems and services. By service, the market is broadly categorized into monitoring & control, implementation & integration, maintenance, and consulting & training. Based on type, the market is segmented into home EMS, building EMS, and industrial EMS. By components, the India energy management systems market is classified into sensor, controller, software, and others. The end-user industry is divided into residential and commercial segment. Depending on the market vertical, the India EMS market is divided into power & energy, telecom & IT, manufacturing, enterprise, healthcare, and others.
The key players profiled in this report Atandra Energy Private Limited, Computer Maintenance and Services Company, Delta Electronics, INC., DEXMA Energy Management, Elconn Energy (India) Pvt. Ltd., Energy Management Solution of India (EMIS), Graphite Technologies Pvt. Ltd., Neptune India, Nikom InfraSolutions Pvt. Ltd., and Yokogawa India Ltd.
KEY MARKET SEGMENTS
Monitoring & Control
Implementation & Integration
Consulting & Training
Home Energy Management System
Building Energy Management System
Industrial Energy Management Systems
By End User
By Market Vertical
Power & Energy
Telecom & IT
KEY MARKET PLAYERS
Atandra Energy Private Limited
Computer Maintenance and Services Company
DELTA ELECTRONICS, INC.
DEXMA Energy Management
Elconn Energy (India) Pvt. Ltd.
Energy Management Solution of India (EMIS)
Graphite Technologies Pvt. Ltd
Nikom InfraSolutions Pvt. Ltd.
Yokogawa India Ltd.
Table of Contents
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
188.8.131.52. Top Winning Strategies, By Year, 2015-2018*
184.108.40.206. Top Winning Strategies, By Development, 2015-2018* (%)
220.127.116.11. Top Winning Strategies, By Company, 2015-2018*
3.3. Porter's five forces analysis
3.4. Key player positioning, 2016
3.5. Case Studies
3.5.1. Case Study 1: Monitoring electrical consumption of four industrial building units
3.5.2. Case Study 2: Maximize energy savings through little investment as possible
3.5.3. Case Study 3: Reduction in electricity and gas consumption
3.5.4. Case Study 4: Industrial energy efficiency improvement project in South Africa
3.5.5. Business Model of Energy Management Systems based companies
3.6. Value Chain Analysis of Energy Management Systems Market
3.7. Market dynamics
18.104.22.168. Governments initiative towards enhancing manufacturing efficiencies
22.214.171.124. Investment towards development of smart cities
126.96.36.199. Low awareness of long term benefits of EMS
188.8.131.52. Lack of energy efficiencies policies
184.108.40.206. Rapid urbanization and investment for upgradation of power grids
4.1.1. Market size and forecast, by type
4.2.1. Key market trends, growth factors, and opportunities
4.3.1. Key market trends, growth factors, and opportunities
5.1.1. Market size and forecast, by component
5.2.1. Key market trends, growth factors, and opportunities
5.3.1. Key market trends, growth factors, and opportunities
5.4.1. Key market trends, growth factors, and opportunities
5.5.1. Key market trends, growth factors, and opportunities
6.1.1. Market size and forecast, by service
6.2. Monitoring & Control
6.2.1. Key market trends, growth factors, and opportunities
6.3. Implementation & Integration
6.3.1. Key market trends, growth factors, and opportunities
6.4.1. Key market trends, growth factors, and opportunities
6.5. Consulting & Training
6.5.1. Key market trends, growth factors, and opportunities
7.1.1. Market size and forecast, by type
7.2. Home Energy Management Systems
7.2.1. Key market trends, growth factors, and opportunities
7.3. Building Energy Management System
7.3.1. Key market trends, growth factors, and opportunities
7.4. Industrial Energy Management System
7.4.1. Key market trends, growth factors, and opportunities
8.1.1. Market size and forecast, by end-user
8.2.1. Key market trends, growth factors, and opportunities
8.3.1. Key market trends, growth factors, and opportunities
9.1.1. Market size and forecast, by market vertical
9.2. Power & Energy
9.2.1. Key market trends, growth factors, and opportunities
9.3. Telecom & IT
9.3.1. Key market trends, growth factors, and opportunities
9.4.1. Key market trends, growth factors, and opportunities
9.5.1. Key market trends, growth factors, and opportunities
9.6.1. Key market trends, growth factors, and opportunities
9.7.1. Key market trends, growth factors, and opportunities
10.1.1. Company overview
10.1.2. Company snapshot
10.1.3. Operating business segments
10.1.4. Product portfolio
10.2. CMS Computers Limited.
10.2.1. Company overview
10.2.2. Company snapshot
10.2.3. Operating business segments
10.2.4. Product portfolio
10.3. Delta Electronics, Inc.
10.3.1. Company overview
10.3.2. Company snapshot
10.3.3. Operating business segments
10.3.4. Product portfolio
10.3.5. Business performance
10.3.6. Key strategic moves and developments
10.4.1. Company overview
10.4.2. Company snapshot
10.4.3. Product portfolio
10.4.4. Key strategic moves and developments
10.5. Elconn Energy (India) Pvt. Ltd.
10.5.1. Company overview
10.5.2. Company snapshot
10.5.3. Product portfolio
10.6. Energy Management Solution of India
10.6.1. Company overview
10.6.2. Company snapshot
10.6.3. Operating business segments
10.6.4. Product portfolio
10.7. Graphite Technologies Pvt Ltd
10.7.1. Company overview
10.7.2. Company snapshot
10.7.3. Product portfolio
10.8. Neptune India Limited
10.8.1. Company overview
10.8.2. Company snapshot
10.8.3. Operating business segments
10.8.4. Product portfolio
10.9. Nikom InfraSolutions Pvt. Ltd
10.9.1. Company overview
10.9.2. Company snapshot
10.9.3. Operating business segments
10.9.4. Product portfolio
10.10. Yokogawa Electric Corporation (Yokogawa India Ltd.)
10.10.1. Company overview
10.10.2. Company snapshot
10.10.3. Operating business segments
10.10.4. Product portfolio
10.10.5. Business performance
10.10.6. Key strategic moves and developments
Executive SummaryAccording to a new report titled, India Energy Management Systems Market by Offering, Component, Service, Type, End User, and Industry Vertical: Opportunity Analysis and Industry Forecast, 2016-2023, the India energy management systems market accounted for $6,35.0 million in 2016, and is expected to reach $2,145.1 million by 2023, growing at a CAGR of 19.1% from 2016 to 2023. In 2016, industrial EMS sector dominated the Indian market, in terms of revenue, accounting for about 62.5% share of the Indian market.
Energy management systems allow organization to collect information on the energy use through monitoring, assessing, and visualizing energy consumption. Growth in need of energy efficiency, energy price volatility, and policy and regulatory mandates primarily drive the growth of energy management system. However, low of awareness among the small and medium enterprise owners and lack of stringent energy consumption policies in the country hinders the growth of the market. Subsequently, providing opportunities such as consulting, training, and implementation services for the market players.
Smart Cities Mission in India is expected to be game changer for EMS market in India . Through public and private partnership, the government of India is set to develop 100 cities under its Smart Cities Mission by 2020. One of the goals of this mission is to integrate smart solutions for efficient energy management in infrastructure as well as energy management in all selected smart cities. Thus, providing substantial business opportunities for energy efficient solutions, green buildings, and effective energy management of the infrastructure and utilities.
Home energy management system (HEMS), building energy management system (BEMS) and industrial energy management system (IEMS) are the three kinds of energy management systems studied in this report. Among these, the IEMS accounts for the highest market size by value due to the demand from power & energy and manufacturing sector. The Indian IEMS market should reach to about $1,180.0 million by 2023, growing at CAGR of 16.9% from 2017 to 2023. The HEMS market is projected to grow rapidly at a CAGR of 26.9% during the forecast period. This rapid growth is due to the increase in awareness and growth in adoption of HEMS in the developed as well as emerging economies. Energy management systems are further segmented with respect to the end users into commercial and residential. The commercial segment exhibits the highest market share compared with the residential segment and it is anticipated to dominate the India energy management systems market during the forecast period, owing increase in need for energy efficiency, urbanization and industrialization.
Key findings of the India Energy Management Market:
In 2016, the power & energy segment dominated the India energy management systems market, in terms of revenue, and is projected to grow at a CAGR of 17.6% during the forecast period.
The industrial EMS segment is anticipated to grow at a CAGR of 16.9% during the forecast period.
The increasing emphasis on achieving operational efficiencies by reducing the energy consumption costs is projected to drive the growth of commercial end-user segment with a CAGR of 18.8% from 2017 to 2023
The major players, such as Atandra Energy Private Limited, Computer Maintenance and Services Company, DELTA ELECTRONICS, INC., DEXMA Energy Management, Elconn Energy (India) Pvt. Ltd., Energy Management Solution of India (EMIS), Graphite Technologies Pvt. Ltd., Johnson Control Inc., Schneider Electric, Honeywell International Inc, Neptune India, Nikom InfraSolutions Pvt. Ltd., and Yokogawa India Ltd., have adopted various development strategies such as merger, acquisition, and product launch to expand their market foothold.
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