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Energy Management Systems Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5792823
The energy management systems market size has grown rapidly in recent years. It will grow from $49.88 billion in 2023 to $57.65 billion in 2024 at a compound annual growth rate (CAGR) of 15.6%. The growth observed in the historical period can be attributed to energy cost savings, environmental sustainability, regulatory compliance, operational efficiency, and corporate social responsibility.

The energy management systems market size is expected to see rapid growth in the next few years. It will grow to $106.3 billion in 2028 at a compound annual growth rate (CAGR) of 16.5%. The anticipated growth in the forecast period can be attributed to renewable energy integration, resilience planning, demand response initiatives, economic trends, and the increasing focus on net-zero goals. Major trends in the forecast period include blockchain for energy transactions, advanced energy analytics and visualization, integration of the Internet of Things (IoT), regulatory compliance, and sustainability reporting, along with collaboration with utility providers.

The energy management systems market is poised for growth, driven by the widespread adoption of smart grids and smart meters. Smart grids, characterized by digital technology, enable two-way communication for the efficient supply of electricity. On the other hand, smart meters are electronic devices that measure and record energy consumption data, communicating remotely with utility providers. The surge in the use of smart meters and grids is attributed to their effectiveness in reducing electricity costs for consumers. As integral components of energy management systems, the increasing adoption of smart meters and smart grids is propelling the forward momentum of the energy management systems market. For example, data from the Institute for Electric Innovation (IEI), a US-based research institute, reveals that as of December 2022, the total number of smart meter installations in the U.S. reached 119 million. This substantial uptake underscores the significant impact of smart meters and grids in driving the growth of the energy management systems market.

The energy management systems market is set to experience substantial growth, propelled by the increasing adoption of renewable energy sources. These sources, such as solar and wind power, are naturally replenished over time, providing a sustainable and environmentally friendly approach to energy production. Energy management systems play a crucial role in optimizing the utilization of renewable energy by monitoring, controlling, and balancing their integration into the grid. This ensures a sustainable and cost-effective energy supply. For instance, as of December 2023, data from the Department for Energy Security and Net Zero, a UK-based government department, indicated that renewable electricity generation achieved a record high of 30.1 terawatt-hours in the third quarter of 2023, reflecting a 6.8% increase compared to the same period in 2022. The escalating adoption of renewable energy sources is a key driver fueling the growth of the energy management systems market.

Technological advancements stand out as a prominent trend gaining traction in the energy management systems market. Major companies within this market are actively pursuing innovative technologies to maintain and strengthen their positions. For instance, in May 2021, Robert Bosch Engineering and Business Solutions (RBEI), a Germany-based IT service management company, introduced the Phantom Edge platform. Leveraging AIoT (Artificial Intelligence of Things), this platform facilitates real-time monitoring of electrical energy consumption, operating usage, electrical parameters, and appliance-level information. The versatility of the Phantom Edge platform extends its application to real-time energy monitoring in various sectors, including retail, residential, healthcare, agriculture, and commercial domains. This example underscores the pivotal role of technological advancements in shaping the landscape of the energy management systems market.

Major players in the energy management systems market are intensifying their focus on introducing energy optimization software to gain a competitive advantage. Energy optimization software is crafted to enhance the efficiency and performance of energy systems across various settings. A case in point is ABB Ltd., a Switzerland-based automation company, which, in November 2022, unveiled ABB Ability OPTIMAX. This software is engineered to decrease the cost of green hydrogen production by up to 20%. It achieves this by enhancing the efficiency of energy-intensive electrolyzers used in green hydrogen production, providing real-time visualization, monitoring, and forecasting. The overarching aim is to empower companies to competitively trade and seamlessly integrate green hydrogen into existing networks. This innovative solution is poised to reduce electricity-based costs, contributing to the scalability of green hydrogen production and aligning with the broader objectives of achieving a low-carbon future.

In a strategic move in May 2022, Schneider Electric, a France-based automation and energy management company, successfully acquired AutoGrid for an undisclosed amount. This acquisition positions Schneider Electric to extend its reach into new geographical markets and enhance its ability to cater to the evolving needs of its customer base. AutoGrid, the acquired entity, is a US-based company specializing in AI-driven energy management solutions.

Major companies operating in the energy management systems market report are Siemens AG, General Electric Company, Hitachi Energy Ltd., Raytheon Technologies Corporation, Panasonic Corp., IBM Corporation, Cisco Systems Inc., Oracle Corporation, Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., SAP SE, Broadcom Inc., Danaher Corp., ABB Ltd., Toshiba Corporation, Daikin Industries Ltd., Johnson Controls International PLC, Eaton Corporation PLC, Carrier Corporation, Trane Technologies PLC, Emerson Electric Co., Delta Electronics Inc., Rockwell Automation Inc., Lennox International Inc., Yokogawa Electric Corp., C3.AI Inc., Legrand S.A., Elster Group GmbH, EnerNOC Inc.

North America was the largest region in the energy management systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global energy management systems market report during the forecast period. The regions covered in the energy management systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the energy management systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary categories of energy management systems encompass home energy management systems, building energy management systems, and industrial energy management systems. Home energy management systems are a blend of hardware and software components designed to collaboratively optimize energy usage and lower energy costs within residential settings. These systems incorporate a range of components, including hardware, software, and services, and are deployed through on-premise and cloud-based models. They find application across various sectors, including power and energy, telecom and IT, manufacturing, residential and commercial spaces, as well as in industries such as food and beverages, among other end-users.

The energy management systems market research report is one of a series of new reports that provides energy management systems market statistics, including energy management systems industry global market size, regional shares, competitors with an energy management systems market share, detailed energy management systems market segments, market trends and opportunities, and any further data you may need to thrive in the energy management systems industry. This energy management systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The energy management systems market consists of revenues earned by entities by providing services such as utility expense management, meter reading, billing, collection, meter system design, installation, energy procurement, central plant cost, allocation, and energy benchmarking. The market value includes the value of related goods sold by the service provider or included within the service offering. The energy management systems market also includes sales of computer servers, UI devices, map board, RTUs (remote terminal unit) and other front-end and ancillary devices, which are used in providing energy management system services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Table of Contents

1. Executive Summary2. Energy Management Systems Market Characteristics3. Energy Management Systems Market Trends and Strategies
4. Energy Management Systems Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Energy Management Systems Market Size and Growth
5.1. Global Energy Management Systems Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Energy Management Systems Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Energy Management Systems Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Energy Management Systems Market Segmentation
6.1. Global Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Home Energy Management Systems
  • Building Energy Management Systems
  • Industrial Energy Management Systems
6.2. Global Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Hardware
  • Software
  • Services
6.3. Global Energy Management Systems Market, Segmentation by Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • on-Premise
  • Cloud Based
6.4. Global Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Power and Energy
  • Telecom and IT
  • Manufacturing
  • Residential and Commercial
  • Food and Beverages
  • Other End-Users
7. Energy Management Systems Market Regional and Country Analysis
7.1. Global Energy Management Systems Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Energy Management Systems Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Energy Management Systems Market
8.1. Asia-Pacific Energy Management Systems Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Energy Management Systems Market
9.1. China Energy Management Systems Market Overview
9.2. China Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Energy Management Systems Market
10.1. India Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Energy Management Systems Market
11.1. Japan Energy Management Systems Market Overview
11.2. Japan Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Energy Management Systems Market
12.1. Australia Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Energy Management Systems Market
13.1. Indonesia Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Energy Management Systems Market
14.1. South Korea Energy Management Systems Market Overview
14.2. South Korea Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Energy Management Systems Market
15.1. Western Europe Energy Management Systems Market Overview
15.2. Western Europe Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Energy Management Systems Market
16.1. UK Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Energy Management Systems Market
17.1. Germany Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Energy Management Systems Market
18.1. France Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Energy Management Systems Market
19.1. Italy Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Energy Management Systems Market
20.1. Spain Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Energy Management Systems Market
21.1. Eastern Europe Energy Management Systems Market Overview
21.2. Eastern Europe Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Energy Management Systems Market
22.1. Russia Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Energy Management Systems Market
23.1. North America Energy Management Systems Market Overview
23.2. North America Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Energy Management Systems Market
24.1. USA Energy Management Systems Market Overview
24.2. USA Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Energy Management Systems Market
25.1. Canada Energy Management Systems Market Overview
25.2. Canada Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Energy Management Systems Market
26.1. South America Energy Management Systems Market Overview
26.2. South America Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Energy Management Systems Market
27.1. Brazil Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Energy Management Systems Market
28.1. Middle East Energy Management Systems Market Overview
28.2. Middle East Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Energy Management Systems Market
29.1. Africa Energy Management Systems Market Overview
29.2. Africa Energy Management Systems Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Energy Management Systems Market, Segmentation by Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Energy Management Systems Market, Segmentation by End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Energy Management Systems Market Competitive Landscape and Company Profiles
30.1. Energy Management Systems Market Competitive Landscape
30.2. Energy Management Systems Market Company Profiles
30.2.1. Siemens AG
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. General Electric Company
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Hitachi Energy Ltd.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Raytheon Technologies Corporation
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Panasonic Corp.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Energy Management Systems Market Other Major and Innovative Companies
31.1. IBM Corporation
31.2. Cisco Systems Inc.
31.3. Oracle Corporation
31.4. Mitsubishi Electric Corporation
31.5. Schneider Electric SE
31.6. Honeywell International Inc.
31.7. SAP SE
31.8. Broadcom Inc.
31.9. Danaher Corp.
31.10. ABB Ltd.
31.11. Toshiba Corporation
31.12. Daikin Industries Ltd.
31.13. Johnson Controls International plc
31.14. Eaton Corporation plc
31.15. Carrier Corporation
32. Global Energy Management Systems Market Competitive Benchmarking33. Global Energy Management Systems Market Competitive Dashboard34. Key Mergers and Acquisitions in the Energy Management Systems Market
35. Energy Management Systems Market Future Outlook and Potential Analysis
35.1 Energy Management Systems Market in 2028 - Countries Offering Most New Opportunities
35.2 Energy Management Systems Market in 2028 - Segments Offering Most New Opportunities
35.3 Energy Management Systems Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Energy Management Systems Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on energy management systems market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for energy management systems? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Type: Home Energy Management Systems; Building Energy Management Systems; Industrial Energy Management Systems
2) By Component: Hardware; Software; Services
3) By Deployment: On-Premise; Cloud Based
4) By End-user: Power and Energy; Telecom and IT; Manufacturing; Residential and Commercial; Food and Beverages; Other End-Users

Key Companies Mentioned: Siemens AG; General Electric Company; Hitachi Energy Ltd.; Raytheon Technologies Corporation; Panasonic Corp.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Siemens AG
  • General Electric Company
  • Hitachi Energy Ltd.
  • Raytheon Technologies Corporation
  • Panasonic Corp.
  • IBM Corporation
  • Cisco Systems Inc.
  • Oracle Corporation
  • Mitsubishi Electric Corporation
  • Schneider Electric SE
  • Honeywell International Inc.
  • SAP SE
  • Broadcom Inc.
  • Danaher Corp.
  • ABB Ltd.
  • Toshiba Corporation
  • Daikin Industries Ltd.
  • Johnson Controls International plc
  • Eaton Corporation plc
  • Carrier Corporation
  • Trane Technologies plc
  • Emerson Electric Co.
  • Delta Electronics Inc.
  • Rockwell Automation Inc.
  • Lennox International Inc.
  • Yokogawa Electric Corp.
  • C3.ai Inc.
  • Legrand S.A.
  • Elster Group GmbH
  • EnerNOC Inc.

Methodology

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