Energy Management System Market: Summary

The global energy management system market is estimated to reach USD 110.4 Billion in 2024 at a CAGR of 18.8%. Volatility of energy prices and increasing awareness of technology availability and validity is expected to drive the energy management system market during the forecast period. However, involvement of multiple stakeholders in the process is expected to restrain the market during the forecast period. Developing cost effective system is expected to become an opportunity for energy management system market.

Energy management system (EMS) permits consolidated control of energy usage across premises. It is a Central control system which allows operation of several control systems from a single application. All the sensors present in the system works as data inputs and the system uses these inputs to regulate control components. Some key players in EMS market are Schneider Electric SE, ABB Ltd., General Electric Company, Johnson Controls International PLC, and IBM Corporation among others.

Energy Management System Market Segmentation

This market research report offers a comprehensive analysis of key market trends in the global EMS market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. On the basis of type, the market is segmented into building and energy management system, cluster energy management system, home energy management system, retail energy management system, and factory energy management system. By component, EMS market is segmented into, hardware, software and services. By solution, EMS market is segmented into, demand response management system, carbon management system, utility billing and customer information system. By end use industry, EMS market is segmented into energy and power, IT & Telecom, manufacturing, chemical, transportation and others.

Energy Management System Market Report Scope

The report on the EMS market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire in energy dynamics are covered through the below segmentation.

Report Features Specifics Historical/Estimated/Forecasted Market Size Years 2017-2024 Base Year for Market Calculation 2018 Forecasted Period 2019-2024 (2019 estimated year, forecasted up to 2024) Measured Units Value (USD Million) Segments Included Type, Component, Solution, End Use Industry Regional Coverage Asia-Pacific, North America, Europe, Middle East & Africa, South America

Companies Covered

Schneider Electric SE (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)

ABB Ltd.

General Electric Company

Johnson Controls International PLC

IBM Corporation

SAP SE

Ingersoll-Rand plc

Cisco Systems, Inc.

Emerson Electric Co.

Honeywell International Inc.

Other Key Companies

Energy Management System Market Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Energy Management System Market by Type

Building and Energy Management System (BEMS)

Cluster Energy Management System (CEMS)

Home Energy Management System (HEMS)

Retail Energy Management System (REMS)

Factory Energy Management System (FEMS)

Energy Management System Market by Component

Hardware Controllers Sensors Batteries Display Devices Others

Software Cloud-Based Web-Based

Services Analysis Services Technical Services Program Services



Energy Management System Market by Solution

Demand Response Management System

Carbon Management System

Utility Billing and Customer Information System

Energy Management System Market by End Use Industry

Energy and Power

IT & Telecom

Manufacturing

Chemical

Transportation

Others

Energy Management System Market by Region

Asia-Pacific China India Japan South Korea Australia Rest of Asia-Pacific

North America US Canada Mexico

Europe Germany France Italy UK The Netherlands Rest of Europe

Middle East and Africa Saudi Arabia UAE Rest of Middle East & Africa

South America Brazil Argentina Rest of South America



Key Questions answered by the report

What are the major developments impacting the Energy Management System Market and its growth?

What will be the effects of the developments in the Energy Management System Market on the industry and on the market players in the near and far future?

What are the evolving types of the Energy Management System Market?

What are the evolving applications of Energy Management System Market?

What are the major characteristics that will affect the Energy Management System Market growth during the study period?

Who are the key players operating in the Energy Management System Market?

How are the major players leveraging in the existing market conditions?

Report Audience

Energy Management System Market Providers

Energy Management System Market Solution and Services Suppliers, Distributors and Dealers

End-Users of Varied Segments of Energy Management System Market

Government Bodies and Intellectual Institutions

Associations and Industrial Organizations

Research & Consulting Service Providers

Research & Development Organizations

Investment Banks & Private Equity Firms