[154 Pages Report] The Energy Management System (EMS) market is estimated to grow from USD 32.41 Billion in 2016 to USD 76.75 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 18.8 % during 2016�2021.

The base year considered for the study is 2015 and the market size forecast is from 2016 to 2021. The objective of the research study is to provide detailed segmentation of the Energy Management System market on the basis of software, device, solution, application, vertical, and regions. It also aims to provide information regarding the key factors influencing market growth; strategically analyze subsegments with respect to individual growth trends, future prospects, and contribution to the total market; analyze opportunities in the market for stakeholders; provide strategic profiles of the key players in the market to comprehensively analyze the core competencies; and draw competitive landscape of the market

The research methodology used to estimate and forecast the EMS market begins with capturing data on key vendor revenues and the market size of the individual segments through secondary research. The vendor offerings are also taken into consideration to determine market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global Energy Management System market from the individual technology segment in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key industry personnel, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary discussion participants is depicted in the below figure:

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The EMS value chain includes EMS software vendors such as Siemens (Germany), General Electric (U.S.), IBM (U.S.), Itron (U.S.), and CA Technologies (U.S.), and among others. The hardware vendors for EMS are Comverge (U.S.), Energate (Canada), Ecobee (Canada), Netatmo (France), Atmel (U.S.), Honeywell (U.S.), Nest Labs (U.S.), Ecobee (Canada), General Electric (U.S.), Siemens (Germany), Elster (Germany), GridPoint (U.S.), EnerNOC (U.S.), EnergyHub (U.S.), Tendril (U.S.), Energate (Canada), ONZO (U.K.), Honeywell (U.S.), EcoFactor (U.S.), and Eaton (Ireland), and others; While, Aclara (U.S.), C3 Energy (U.S.), Comverge (U.S.), Eaton (Ireland), Opower (U.S.), Honeywell (U.S.), EcoFactor (U.S.), Energate (Canada), Schneider Electric (France), and various other are some the leading vendors providing EMS solutions.

Key Target Audience

EMS Vendors

Utility Platform and Analytics Vendors

Energy Management Device Manufacturers

System Design and Development Vendors

System Integrators/Migration Service Providers

Consultants/Consultancies/Advisory Firms

Training and Education Service Providers

Support and Maintenance Service Providers

Independent System Operators (ISOs)

Utilities/Power Generators

Regional Transmission Operators

Local Distribution Companies (LDC)

Retail Energy Service Providers

Scope of the Report

The research report categorizes the Energy Management System market to forecast the revenues and analyze the trends in each of the following subsegments:

By Software

Utility EMS

Industrial EMS

Residential EMS

Enterprise Carbon and Energy Management

Others (Energy Modeling, ICT Power Management, and Energy Trading & Risk Management)

By Device

In-House Display

Smart Thermostats

Smart Plugs

Load Control Switches

By Application

Home Energy Management

Building Energy Management

BY Solution

Carbon Energy Management

Demand Response Management

Utility Billing and Customer Information System

By Vertical

Power and Energy

Telecom and IT

Manufacturing

Office and Commercial Buildings

Municipal, University, Schools and Hospital

BY Region

North America

Europe

Asia� (APAC)

Latin America

Middle East and Africa (MEA)

Available Customizations

With the given market data, MarketsandMarkets offers customization as per the company�s specific requirements. The following customization options are available for the report:

Product Analysis

Product matrix provides a detailed information and product comparison

Geographic Analysis

Further breakdown of the North American Energy Management System market

Further breakdown of the European EMS market

Further breakdown of the APAC EMS market

Further breakdown of the MEA EMS market

Further breakdown of the Latin American EMS market

Company Information

Detailed analysis and profiling of additional market players

MarketsandMarkets forecasts the Energy Management System (EMS) market size to grow from USD 32.41 Billion in 2016 to USD 76.75 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 18.8%. Mandatory regulations and policies, increasing concern for reducing carbon footprints, regional government initiatives for digitization of energy infrastructure, government energy incentive programs for industrial sector, and increasing demand for home energy management and building energy management are some of the key factors driving the Energy Management System market.

The EMS market is broadly segmented on the basis of software, devices, solutions, applications, verticals, and regions. The initial findings about the market depicts that by the end of the forecast period, the residential EMS software market is likely to achieve a winning imperative as new and more efficient technological solutions will be introduced in the market.

The devices market is segment by smart thermostat, smart plugs, load control switches, and in-house display. Smart thermostat is estimated to hold the largest market share of the total EMS device market in 2016. This is due to the government initiatives, such as allocation of funds and making smart thermostats mandatory in residential and commercial buildings in North America and Europe.

Additionally, the application market is bifurcated into home energy management and building energy management. The rising energy consumption, energy price volatility, and increasing carbon emission percentage across industrial and commercial sector are the driving factors for the growth of the EMS application market

North America is expected to be the largest contributor to the regional market share, with Asia-Pacific (APAC) showing tremendous growth potential in the future. In the coming years, the office and commercial buildings segment is expected to witness huge growth in the Energy Management System market due to increasing worldwide demand for energy optimization and carbon management. The customer value proposition includes energy cost savings, wide range of products and services, superior customer service, and global deployment.

Lack of standardization, high initial cost of deployment, longer period of return on investment, and lack of specialized & skilled workforces are expected to restrict the market growth. However, these factors are expected to be impactful only for a short period. On a strategic front, many companies are utilizing different growth strategies, such as mergers & acquisitions, partnerships & collaborations, and product development to increase their share in the market.

In February 2016, IBM Corporation and Siemens Buildings Technologies announced their partnership to design cloud-based solutions that will leverage Siemens� building expertise and IBM�s Internet of Things (IoT) capabilities to connect various components of buildings and the data generated that would eventually help the corporate real estate owners across multiple industries to increase the energy performance of the building structure. In the same period, Siemens developed new microgrid software with energy management capability for small utility providers. This technology will allow the microgrid operators to control and monitor energy distribution along with weather forecasting and load management.

The key technology providers in the Energy Management System market include ABB Group, Cisco Systems, Inc., General Electric Company, Honeywell International, IBM Corporation, Schneider Electric SE, Siemens AG, CA Technologies, Eaton Corporation, and Emerson Electric Company.

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