Energy Management Systems Market by Component, Type (Home Energy Management Systems, Building Energy Management Systems, Industrial Energy Management Systems), Deployment, End-User Industry and Region - Global Forecast to 2027

Abstract
The global energy management systems market is expected to grow at a CAGR of 14.2% to reach USD 75.0 billion by 2027, from an estimated USD 38.6 billion in 2022. The growth of the energy management systems market is proportional to the installation of smart grids and smart meters. Also, the increasing energy consumption as well as the price volatility of energy resources plays a major role in driving the growth of energy management systems. There are several government policies and regulations being implemented to increase the energy efficiency and to tackle the climate change. Energy management systemss, as a result, may experience a growth in demand during the forecast period.

“Software: The fastest-growing segment, by component, in the energy management systems market”

Based on component of energy management systems, the software segment is expected to exhibit the highest CAGR from 2022 to 2027. The software segment is driven by the rising demand for cloud-based services from applications such as utilities, industrial, commercial, and residential. EMS software provides automated load control, which identifies peak load times, benchmarking energy price analysis, graphical data presentation, wastage tracking, and energy scheduling. Thus, the rising demand due to the advantage of real-time monitoring and optimization of energy use is expected to propel the demand for software integrated energy management systems.

“On-Premise: The largest segment, by deployment, in the energy management systems market”

The on-premise segment accounted for the largest share in the global energy management systems market, by deployment, in 2022. The dominance of this segment can be attributed to the reliability over the back-up provided by installing systems on the company’s local server. Also, the reduced level of cyber threats and more privacy been providds to the data is experienced with the on-premise type of deployment. On-premise energy management systems are installed locally on a company’s own servers, and the initial deployment costs, as well as the maintenance costs, are extremely high. Cloud-based is priced under a monthly or annual subscription basis, including costs for support and updates, with the additional fees being of training, whereas, on-premise deployment is generally priced under a one-time perpetual license fee, which is usually based on the organization's size or the number of parallel users.

“Asia Pacific: The fastest-growing region in energy management systems market”

The market in the Asia Pacific accounted for 23.3% share of the global energy management systems market in 2021 and is expected to grow at the fastest CAGR of 15.0% during the forecast period. The major end users for energy management systems in the Asia Pacific region are the manufacturing industries and the region has emerged as a global hub for manufacturing activities. The growth of the manufacturing and industrial sectors makes it necessary for the economies in this region to prudently manage and increase the existing power and fuel resources to ensure energy security. The huge manufacturing sector prevailing in this region is the major factor driving the energy management systems market. The Industrial energy management systems, as a result, have a wide application in this region.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 55%, Tier 2- 30%, and Tier 3- 15%
By Designation: C-Level- 30%, Director Level- 20%, and Others- 50%
By Region: Asia Pacific- 60%, North America- 18%, Europe- 10%, Middle East & Africa- 8%, and South America - 4%.

Note: Others includes sales managers, engineers, and regional managers.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The leading players in the energy management systems market include Siemens (Germany), Schneider Electric (France), ABB (Switzerland), General Electric (US), and Emerson Electric Co. (US)

Research Coverage:
The report explains, describes, and forecasts the global energy management systems market, by component, type, deployment, end user industry, and region.
It also offers a detailed qualitative and quantitative analysis of the energy management systems market. The report provides a thorough review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the energy management systems market.

Key Benefits of Buying the Report
1.The report identifies and addresses the key markets for energy management systems, which would help energy management systems manufacturers review the growth in demand.
2.The report facilitates system providers understand the pulse of the market and offers insights into drivers, restraints, opportunities, and challenges.
3.The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.

Content
Table of Contents

1INTRODUCTION28
1.1OBJECTIVES OF THE STUDY28
1.2DEFINITION29
1.3INCLUSIONS AND EXCLUSIONS29
1.3.1ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT29
1.3.2ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE30
1.3.3ENERGY MANAGEMENT SYSTEMS MARKET, BY DEPLOYMENT30
1.3.4ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY30
1.3.5ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION30
1.4MARKET SCOPE31
1.4.1ENERGY MANAGEMENT SYSTEMS MARKET SEGMENTATION31
1.4.2REGIONAL SCOPE31
1.5YEARS CONSIDERED FOR THE STUDY32
1.6CURRENCY32
1.7LIMITATIONS32
1.8STAKEHOLDERS33
1.9SUMMARY OF CHANGES33
2RESEARCH METHODOLOGY35
2.1RESEARCH DATA35
FIGURE 1ENERGY MANAGEMENT SYSTEMS MARKET: RESEARCH DESIGN35
2.2MARKET BREAKDOWN AND DATA TRIANGULATION36
FIGURE 2DATA TRIANGULATION METHODOLOGY36
2.2.1SECONDARY DATA36
2.2.1.1Key data from secondary sources37
2.2.2PRIMARY DATA37
2.2.2.1Breakdown of primaries37
FIGURE 3KEY DATA FROM PRIMARY SOURCES38
FIGURE 4BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION38
FIGURE 5MAIN METRICS CONSIDERED WHILE ANALYZING AND ASSESSING DEMAND FOR ENERGY MANAGEMENT SYSTEMS39
2.3MARKET SIZE ESTIMATION39
2.3.1BOTTOM-UP APPROACH39
FIGURE 6MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH40
2.3.2TOP-DOWN APPROACH40
FIGURE 7MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH40
 
2.3.3DEMAND-SIDE ANALYSIS41
2.3.3.1Regional analysis41
2.3.3.2Country analysis42
2.3.3.3Demand-side assumptions42
2.3.3.4Demand-side calculations42
2.3.4SUPPLY-SIDE ANALYSIS43
FIGURE 8KEY STEPS CONSIDERED FOR ASSESSING SUPPLY-SIDE OF ENERGY MANAGEMENT SYSTEMS43
FIGURE 9ENERGY MANAGEMENT SYSTEMS MARKET: SUPPLY-SIDE ANALYSIS43
2.3.4.1Supply-side calculations44
2.3.4.2Supply-side assumptions44
2.3.5FORECAST44
3EXECUTIVE SUMMARY45
TABLE 1ENERGY MANAGEMENT SYSTEMS MARKET SHARE, BY SEGMENT46
FIGURE 10GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT,
2022 TO 202747
FIGURE 11GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2022 TO 202747
FIGURE 12GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY DEPLOYMENT,
2022 TO 202748
FIGURE 13GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2022 TO 202748
FIGURE 14GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION,
2022 TO 202749
4PREMIUM INSIGHTS50
4.1ATTRACTIVE OPPORTUNITIES IN ENERGY MANAGEMENT SYSTEMS MARKET50
FIGURE 15ESCALATING ENERGY CONSUMPTION AND PRICE VOLATILITY EXPECTED TO DRIVE ENERGY MANAGEMENT SYSTEMS MARKET FROM 2022 TO 202750
4.2ENERGY MANAGEMENT SYSTEMS MARKET IN NORTH AMERICA, BY COMPONENT AND COUNTRY51
FIGURE 16US HELD LARGEST SHARE OF ENERGY MANAGEMENT SYSTEMS MARKET IN NORTH AMERICA IN 202151
4.3ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT51
FIGURE 17HARDWARE SEGMENT TO HOLD MAJOR MARKET SHARE51
4.4ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE52
FIGURE 18INDUSTRIAL ENERGY MANAGEMENT SYSTEMS TO DOMINATE ENERGY MANAGEMENT SYSTEMS MARKET52
4.5ENERGY MANAGEMENT SYSTEMS MARKET, BY DEPLOYMENT52
FIGURE 19ON-PREMISE TO HOLD LARGEST SHARE OF GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET52
4.6ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY53
FIGURE 20POWER & ENERGY TO ACCOUNT FOR LARGEST MARKET SHARE53
 
4.7ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION53
FIGURE 21ASIA PACIFIC TO RECORD HIGHEST CAGR IN ENERGY MANAGEMENT SYSTEMS MARKET DURING FORECAST PERIOD53
5MARKET OVERVIEW54
5.1INTRODUCTION54
5.2COVID-19 HEALTH ASSESSMENT55
FIGURE 22GLOBAL PROPAGATION OF COVID-1955
FIGURE 23PROPAGATION OF COVID-19 CASES IN SELECTED COUNTRIES56
5.3MARKET DYNAMICS56
FIGURE 24ENERGY MANAGEMENT SYSTEMS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES56
5.3.1DRIVERS57
5.3.1.1Escalating energy consumption and price volatility57
FIGURE 25TOTAL ELECTRICITY CONSUMPTION (EJ), 2010–201957
TABLE 2ELECTRICITY PRICES IN SELECTED OECD COUNTRIES, 2021 (USD/UNIT)58
5.3.1.2Installation of smart grids and smart meters58
FIGURE 26INVESTMENT SPENDING IN ELECTRICITY NETWORKS BY REGION, 2016–202159
5.3.1.3Government policies to increase energy efficiency and tackle
climate change59
FIGURE 27GLOBAL ENERGY-RELATED CO2 EMISSIONS, 2010–202160
5.3.2RESTRAINTS60
5.3.2.1High installation costs60
5.3.2.2Extended payback period61
5.3.3OPPORTUNITIES61
5.3.3.1Growth of urbanization and digitalization61
FIGURE 28GROWTH IN URBAN POPULATION WORLDWIDE, 2010–202062
5.3.3.2Subsidies on carbon and electricity tax policies62
FIGURE 29CO2 EMISSIONS FROM ELECTRICITY GENERATION, 1990–201963
5.3.4CHALLENGES63
5.3.4.1Lack of awareness in small and medium-sized businesses63
5.3.4.2Hardware maintenance costs64
5.4COVID-19 IMPACT64
5.5TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES65
5.5.1REVENUE SHIFT AND NEW REVENUE POCKETS FOR ENERGY MANAGEMENT SYSTEM PROVIDERS65
FIGURE 30REVENUE SHIFT FOR ENERGY MANAGEMENT SYSTEM PROVIDERS65
5.6MARKET MAP66
FIGURE 31ENERGY MANAGEMENT SYSTEMS MARKET: MARKET MAP66
TABLE 3ENERGY MANAGEMENT SYSTEMS MARKET: ROLE IN ECOSYSTEM66
 
5.7VALUE CHAIN ANALYSIS68
FIGURE 32ENERGY MANAGEMENT SYSTEMS MARKET: VALUE CHAIN ANALYSIS68
5.7.1RAW MATERIAL PROVIDERS/SUPPLIERS68
5.7.2COMPONENT MANUFACTURERS69
5.7.3ENERGY MANAGEMENT SYSTEM INTEGRATORS/ASSEMBLERS69
5.7.4BUYERS/END-USER INDUSTRIES69
5.7.5POST-SALES SERVICES69
5.8TECHNOLOGY ANALYSIS69
5.8.1IOT-CONNECTED ENERGY MANAGEMENT SYSTEMS69
5.9KEY CONFERENCES & EVENTS, 2022–202470
TABLE 4ENERGY MANAGEMENT SYSTEMS MARKET: DETAILED LIST OF CONFERENCES & EVENTS70
5.10TARIFFS, CODES, & REGULATIONS72
5.10.1TARIFFS RELATED TO ENERGY MANAGEMENT SYSTEMS72
TABLE 5IMPORT TARIFFS FOR HS 903210 THERMOSTATS IN 201972
TABLE 6IMPORT TARIFFS FOR HS 9028 UTILITY METERS IN 201973
5.11TRADE ANALYSIS74
5.11.1TRADE ANALYSIS FOR THERMOSTATS74
5.11.2EXPORT SCENARIO FOR THERMOSTATS74
TABLE 7EXPORTED SCENARIO FOR HS CODE: 903210, BY COUNTRY,
2019–2021 (USD)74
5.11.3IMPORT SCENARIO FOR THERMOSTATS75
TABLE 8IMPORT SCENARIO FOR HS CODE: 903210, BY COUNTRY, 2019–2021 (USD)75
5.11.4TRADE ANALYSIS FOR UTILITY METERS75
5.11.5EXPORT SCENARIO75
TABLE 9EXPORT SCENARIO FOR HS CODE: 902830, BY COUNTRY, 2019–2021 (USD)76
TABLE 10EXPORT SCENARIO FOR HS CODE: 902890, BY COUNTRY, 2019–2021 (USD)76
5.11.6IMPORT SCENARIO77
TABLE 11IMPORT SCENARIO FOR HS CODE: 902830, BY COUNTRY, 2019–2021 (USD)77
TABLE 12IMPORT SCENARIO FOR HS CODE: 902890, BY COUNTRY, 2019–2021 (USD)78
5.11.7REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS78
TABLE 13NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS78
TABLE 14EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS79
TABLE 15ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS80
TABLE 16REST OF THE WORLD (ROW): LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS81
5.11.8CODES AND REGULATIONS RELATED TO ENERGY MANAGEMENT SYSTEMS81
TABLE 17ENERGY MANAGEMENT SYSTEMS: CODES AND REGULATIONS81
 
5.12INNOVATIONS AND PATENT REGISTRATIONS83
TABLE 18ENERGY MANAGEMENT SYSTEMS: INNOVATIONS AND PATENT REGISTRATIONS, JANUARY 2020–DECEMBER 202183
5.13PORTER’S FIVE FORCES ANALYSIS91
FIGURE 33PORTER’S FIVE FORCES ANALYSIS FOR ENERGY MANAGEMENT SYSTEMS MARKET92
TABLE 19ENERGY MANAGEMENT SYSTEMS MARKET: PORTER’S FIVE FORCES ANALYSIS92
5.13.1THREAT OF SUBSTITUTES93
5.13.2BARGAINING POWER OF SUPPLIERS93
5.13.3BARGAINING POWER OF BUYERS93
5.13.4THREAT OF NEW ENTRANTS93
5.13.5INTENSITY OF COMPETITIVE RIVALRY94
5.14KEY STAKEHOLDERS & BUYING CRITERIA94
5.14.1KEY STAKEHOLDERS IN BUYING PROCESS94
FIGURE 34INFLUENCE OF KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP 3
END USERS94
TABLE 20INFLUENCE OF KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP 3
END USERS94
5.15BUYING CRITERIA95
FIGURE 35INFLUENCE OF KEY STAKEHOLDERS IN BUYING PROCESS FOR TOP 3
END USERS95
TABLE 21KEY BUYING CRITERIA FOR TOP 3 END USERS95
5.16CASE STUDY ANALYSIS95
5.16.1NEW ZEALAND’S LEADING PROPERTY COMPANY TO REACH GREEN STAR GOALS AND SUSTAINABILITY TARGETS95
5.16.1.1Problem Statement: December 202095
5.16.1.2Solution96
5.16.2NEW FACILITY TO SHOWCASE ENERCON’S TECHNOLOGY CAPABILITIES TO GET MONITORED VIA BUILDING MANAGEMENT SYSTEM96
5.16.2.1Problem Statement: October 202096
5.16.2.2Solution96
5.16.3LUNDIN NORWAY EDVARD GRIEG PLATFORM AND HONEYWELL DEVELOPED DIGITAL TWINS AS BASIS FOR ENERGY MANAGEMENT96
5.16.3.1Problem Statement: October 202096
5.16.3.2Solution97
6ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT98
6.1INTRODUCTION99
FIGURE 36ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2021 (%)99
TABLE 22ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2020–2027 (USD BILLION)99
 
6.2SOFTWARE100
6.2.1AUTOMATED CONTROL FEATURES TO DRIVE DEMAND FOR SOFTWARE SEGMENT100
TABLE 23SOFTWARE: ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION,
2020–2027 (USD BILLION)101
6.3HARDWARE101
6.3.1ADOPTION OF DIGITAL TECHNOLOGIES TO DRIVE GROWTH OF
HARDWARE SEGMENT101
TABLE 24HARDWARE: ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION,
2020–2027 (USD BILLION)102
6.4SERVICES102
6.4.1ADVANTAGE OF REDUCTION IN ELECTRICITY BILLS TO BOOST DEMAND FOR SERVICES SECTOR102
TABLE 25SERVICES: ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION,
2020–2027 (USD BILLION)103
7ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE104
7.1INTRODUCTION105
FIGURE 37ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2021105
TABLE 26ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE,
2020–2027 (USD BILLION)105
7.2HOME ENERGY MANAGEMENT SYSTEMS106
7.2.1GROWING DEPLOYMENT OF SMART GRIDS TO DRIVE MARKET FOR HOME ENERGY MANAGEMENT SYSTEMS106
TABLE 27HOME ENERGY MANAGEMENT SYSTEMS, BY REGION,
2020–2027 (USD BILLION)107
7.3BUILDING ENERGY MANAGEMENT SYSTEMS107
7.3.1INCREASING USE OF IT EQUIPMENT TO DRIVE BUILDING ENERGY MANAGEMENT SYSTEMS MARKET107
TABLE 28BUILDING ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION,
2020–2027 (USD BILLION)108
7.4INDUSTRIAL ENERGY MANAGEMENT SYSTEMS108
7.4.1VARIOUS GOVERNMENT POLICIES & REGULATIONS TO DRIVE GROWTH OF INDUSTRIAL ENERGY MANAGEMENT SYSTEMS108
TABLE 29INDUSTRIAL ENERGY MANAGEMENT SYSTEMS, BY REGION,
2020–2027 (USD BILLION)109
8ENERGY MANAGEMENT SYSTEMS MARKET, BY DEPLOYMENT110
8.1INTRODUCTION111
FIGURE 38ENERGY MANAGEMENT SYSTEMS MARKET, BY DEPLOYMENT, 2021 (%)111
TABLE 30ENERGY MANAGEMENT SYSTEMS MARKET, BY DEPLOYMENT,
2020–2027 (USD BILLION)111
8.2ON-PREMISE112
8.2.1REPLACEMENT OF EXISTING ON-PREMISE DEPLOYMENTS TO DRIVE
MARKET GROWTH112
TABLE 31ON-PREMISE: ENERGY MANAGEMENT SYSTEMS, BY REGION,
2020–2027 (USD BILLION)112
8.3CLOUD-BASED113
8.3.1EASE OF ACCESSIBILITY TO BOOST GROWTH OF CLOUD-BASED ENERGY MANAGEMENT SYSTEMS113
TABLE 32CLOUD-BASED: ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION, 2020–2027 (USD BILLION)113
9ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY115
9.1INTRODUCTION116
FIGURE 39ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2021116
TABLE 33ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY,
2020–2027 (USD BILLION)116
9.2POWER & ENERGY117
9.2.1DECARBONIZATION GOALS ARE LIKELY TO BOOST DEMAND FOR ENERGY MANAGEMENT SYSTEMS117
TABLE 34POWER & ENERGY: ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION, 2020–2027 (USD BILLION)118
9.3TELECOM & IT118
9.3.1INVESTMENTS IN HYPERSCALE DATA CENTERS TO BOOST ENERGY MANAGEMENT SYSTEMS MARKET118
TABLE 35TELECOM & IT: ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION, 2020–2027 (USD BILLION)119
9.4MANUFACTURING119
9.4.1GOVERNMENT POLICIES TO DRIVE DEMAND FOR ENERGY MANAGEMENT SYSTEMS119
TABLE 36MANUFACTURING: ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION, 2020–2027 (USD BILLION)120
9.5RESIDENTIAL & COMMERCIAL120
9.5.1FINANCIAL ASSISTANCE TO INCREASE ENERGY SAVINGS LIKELY TO DRIVE MARKET120
TABLE 37RESIDENTIAL & COMMERCIAL: ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION, 2020–2027 (USD BILLION)121
9.6FOOD & BEVERAGES121
9.6.1INCREASE IN ENERGY-EFFICIENT PRODUCTION TO FUEL DEMAND FOR ENERGY MANAGEMENT SYSTEMS121
TABLE 38FOOD & BEVERAGES: ENERGY MANAGEMENT SYSTEMS MARKET,
BY REGION, 2020–2027 (USD BILLION)122
9.7OTHERS122
9.7.1REDUCTION OF EMISSIONS IN REFINERIES TO DRIVE ENERGY MANAGEMENT SYSTEMS MARKET122
TABLE 39OTHERS: ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION,
2020–2027 (USD BILLION)123
10ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION124
10.1INTRODUCTION125
FIGURE 40ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION, 2021 (%)125
FIGURE 41ENERGY MANAGEMENT SYSTEMS MARKET IN ASIA PACIFIC EXPECTED TO GROW AT THE HIGHEST CAGR FROM 2022 TO 2027126
TABLE 40ENERGY MANAGEMENT SYSTEMS MARKET, BY REGION,
2020–2027 (USD BILLION)126
10.2NORTH AMERICA127
FIGURE 42NORTH AMERICA: ENERGY MANAGEMENT SYSTEMS MARKET SNAPSHOT128
10.2.1BY COMPONENT128
TABLE 41NORTH AMERICA: ENERGY MANAGEMENT SYSTEMS MARKET,
BY COMPONENT, 2020–2027 (USD BILLION)128
10.2.2BY TYPE129
TABLE 42NORTH AMERICA: ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2020–2027 (USD BILLION)129
10.2.3BY DEPLOYMENT129
TABLE 43NORTH AMERICA: ENERGY MANAGEMENT SYSTEMS MARKET,
BY DEPLOYMENT, 2020–2027 (USD BILLION)129
10.2.4BY END-USER INDUSTRY129
TABLE 44NORTH AMERICA: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)129
10.2.5BY COUNTRY130
TABLE 45NORTH AMERICA: ENERGY MANAGEMENT SYSTEMS MARKET, BY COUNTRY, 2020–2027 (USD BILLION)130
10.2.5.1US130
10.2.5.1.1Adoption of technologies to enhance smart buildings drives demand for energy management systems130
TABLE 46US: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)131
10.2.5.2Canada131
10.2.5.2.1Increased investments in smart meters are expected to boost demand for energy management systems131
TABLE 47CANADA: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)132
10.2.5.3Mexico132
10.2.5.3.1Industrial sector likely to fuel growth of energy management systems market132
TABLE 48MEXICO: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)133
10.3EUROPE133
FIGURE 43EUROPE: ENERGY MANAGEMENT SYSTEMS MARKET SNAPSHOT134
10.3.1BY COMPONENT134
TABLE 49EUROPE: ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2020–2027 (USD BILLION)134
10.3.2BY TYPE135
TABLE 50EUROPE: ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE,
2020–2027 (USD BILLION)135
10.3.3BY DEPLOYMENT135
TABLE 51EUROPE: ENERGY MANAGEMENT SYSTEMS MARKET, BY DEPLOYMENT, 2020–2027 (USD BILLION)135
 
10.3.4BY END-USER INDUSTRY135
TABLE 52EUROPE: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)135
10.3.5BY COUNTRY136
TABLE 53EUROPE: ENERGY MANAGEMENT SYSTEMS MARKET, BY COUNTRY,
2020–2027 (USD BILLION)136
10.3.5.1Germany136
10.3.5.1.1Tax benefits to drive market growth for energy management systems136
TABLE 54GERMANY: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)137
10.3.5.2UK137
10.3.5.2.1Smart heating with integration of solar panels to drive market growth in UK137
TABLE 55UK: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)138
10.3.5.3France138
10.3.5.3.1Focus on smart meter installation to drive market growth138
TABLE 56FRANCE: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)139
10.3.5.4Italy139
10.3.5.4.1Investments in projects related to energy management to drive market139
TABLE 57ITALY: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)140
10.3.5.5Rest of Europe140
TABLE 58REST OF EUROPE: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)141
10.4ASIA PACIFIC141
10.4.1BY COMPONENT142
TABLE 59ASIA PACIFIC: ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2020–2027 (USD BILLION)142
10.4.2BY TYPE142
TABLE 60ASIA PACIFIC: ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE,
2020–2027 (USD BILLION)142
10.4.3BY DEPLOYMENT142
TABLE 61ASIA PACIFIC: ENERGY MANAGEMENT SYSTEMS MARKET, BY DEPLOYMENT, 2020–2027 (USD BILLION)142
10.4.4BY END-USER INDUSTRY143
TABLE 62ASIA PACIFIC: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)143
10.4.5BY COUNTRY143
TABLE 63ASIA PACIFIC: ENERGY MANAGEMENT SYSTEMS MARKET, BY COUNTRY, 2020–2027 (USD BILLION)143
 
10.4.5.1China143
10.4.5.1.1Carbon neutrality targets to drive energy management systems market143
TABLE 64CHINA: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)144
10.4.5.2India144
10.4.5.2.1Growing population is expected to drive energy management systems market144
TABLE 65INDIA: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)145
10.4.5.3Japan145
10.4.5.3.1Implementation of new international standards expected to fuel market growth145
TABLE 66JAPAN: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)146
10.4.5.4Rest of Asia Pacific147
TABLE 67REST OF ASIA PACIFIC: ENERGY MANAGEMENT SYSTEMS MARKET,
BY END-USER INDUSTRY, 2020–2027 (USD BILLION)147
10.5MIDDLE EAST & AFRICA148
10.5.1BY COMPONENT148
TABLE 68MIDDLE EAST & AFRICA: ENERGY MANAGEMENT SYSTEMS MARKET,
BY COMPONENT, 2020–2027 (USD BILLION)148
10.5.2BY TYPE149
TABLE 69MIDDLE EAST & AFRICA: ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2020–2027 (USD BILLION)149
10.5.3BY DEPLOYMENT149
TABLE 70MIDDLE EAST & AFRICA: ENERGY MANAGEMENT SYSTEMS MARKET,
BY DEPLOYMENT, 2020–2027 (USD BILLION)149
10.5.4BY END-USER INDUSTRY149
TABLE 71MIDDLE EAST & AFRICA: ENERGY MANAGEMENT SYSTEMS MARKET,
BY END-USER INDUSTRY, 2020–2027 (USD BILLION)149
10.5.5BY COUNTRY150
TABLE 72MIDDLE EAST & AFRICA: ENERGY MANAGEMENT SYSTEMS MARKET,
BY COUNTRY, 2020–2027 (USD BILLION)150
10.5.5.1Saudi Arabia150
10.5.5.1.1Integration of solar power generation in the energy mix to drive demand for energy management systems150
TABLE 73SAUDI ARABIA: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)151
10.5.5.2UAE151
10.5.5.2.1Rapid economic development and growing infrastructure to drive market growth151
TABLE 74UAE: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)152
 
10.5.5.3South Africa152
10.5.5.3.1Focus on increasing energy efficiency to drive market152
TABLE 75SOUTH AFRICA: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)152
10.5.5.4Rest of Middle East & Africa153
TABLE 76REST OF MIDDLE EAST & AFRICA: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)153
10.6SOUTH AMERICA153
10.6.1BY COMPONENT154
TABLE 77SOUTH AMERICA: ENERGY MANAGEMENT SYSTEMS MARKET,
BY COMPONENT, 2020–2027 (USD BILLION)154
10.6.2BY TYPE154
TABLE 78SOUTH AMERICA: ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2020–2027 (USD BILLION)154
10.6.3BY DEPLOYMENT155
TABLE 79SOUTH AMERICA: ENERGY MANAGEMENT SYSTEMS MARKET,
BY DEPLOYMENT, 2020–2027 (USD BILLION)155
10.6.4BY END-USER INDUSTRY155
TABLE 80SOUTH AMERICA: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)155
10.6.5BY COUNTRY155
TABLE 81SOUTH AMERICA: ENERGY MANAGEMENT SYSTEMS MARKET, BY COUNTRY, 2020–2027 (USD BILLION)155
10.6.5.1Brazil156
10.6.5.1.1Economic growth and focus on energy conservation to drive demand for energy management systems156
TABLE 82BRAZIL: ENERGY MANAGEMENT SYSTEMS, MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)156
10.6.5.2Argentina157
10.6.5.2.1Rising energy demand from industries to drive energy management systems market157
TABLE 83ARGENTINA: ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER INDUSTRY, 2020–2027 (USD BILLION)157
10.6.5.3Rest of South America157
TABLE 84REST OF SOUTH AMERICA: ENERGY MANAGEMENT SYSTEMS MARKET,
BY END-USER INDUSTRY, 2020–2027 (USD BILLION)158
11COMPETITIVE LANDSCAPE159
11.1OVERVIEW159
11.2KEY PLAYERS’ STRATEGIES159
TABLE 85OVERVIEW OF KEY STRATEGIES DEPLOYED BY TOP PLAYERS, AUGUST 2018– APRIL 2022159
11.3MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS161
TABLE 86ENERGY MANAGEMENT SYSTEMS MARKET: DEGREE OF COMPETITION161
FIGURE 44ENERGY MANAGEMENT SYSTEMS MARKET SHARE ANALYSIS, 2021162
 
11.4REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS163
FIGURE 45TOP PLAYERS IN ENERGY MANAGEMENT SYSTEMS MARKET, 2017–2021163
11.5COMPANY EVALUATION QUADRANT164
11.5.1STAR164
11.5.2PERVASIVE164
11.5.3EMERGING LEADER164
11.5.4PARTICIPANT164
FIGURE 46ENERGY MANAGEMENT SYSTEMS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2021165
11.6START-UP/SME EVALUATION QUADRANT, 2021166
11.6.1PROGRESSIVE COMPANY166
11.6.2RESPONSIVE COMPANY166
11.6.3DYNAMIC COMPANY166
11.6.4STARTING BLOCK166
FIGURE 47ENERGY MANAGEMENT SYSTEMS MARKET: START-UP/SME EVALUATION QUADRANT, 2021167
11.7COMPETITIVE BENCHMARKING168
TABLE 87ENERGY MANAGEMENT SYSTEMS MARKET: DETAILED LIST OF KEY START-UPS/SMES168
TABLE 88ENERGY MANAGEMENT SYSTEMS MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS (START-UPS/SMES)168
11.8ENERGY MANAGEMENT SYSTEMS MARKET: COMPANY FOOTPRINT169
TABLE 89COMPANY FOOTPRINT: BY COMPONENT169
TABLE 90COMPANY FOOTPRINT: BY TYPE170
TABLE 91COMPANY FOOTPRINT: BY END-USER INDUSTRY171
TABLE 92COMPANY FOOTPRINT: REGION172
TABLE 93COMPANY PRODUCT FOOTPRINT173
11.9COMPETITIVE SCENARIO174
TABLE 94ENERGY MANAGEMENT SYSTEMS MARKET: PRODUCT LAUNCHES, APRIL 2019 – MARCH 2022174
TABLE 95ENERGY MANAGEMENT SYSTEMS MARKET: DEALS, MARCH 2019–
MAY 2022175
TABLE 96ENERGY MANAGEMENT SYSTEMS MARKET: OTHERS, APRIL 2020–
MARCH 2022178
12COMPANY PROFILES179
(Business overview, Products/solutions/services offered, Recent Developments, MNM view)*
12.1KEY PLAYERS179
12.1.1ABB179
TABLE 97ABB: BUSINESS OVERVIEW179
FIGURE 48ABB: COMPANY SNAPSHOT (2021)180
TABLE 98ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED180
TABLE 99ABB: PRODUCT LAUNCHES181
TABLE 100ABB: DEALS181
TABLE 101ABB: OTHERS182
12.1.2SCHNEIDER ELECTRIC184
TABLE 102SCHNEIDER ELECTRIC: BUSINESS OVERVIEW184
FIGURE 49SCHNEIDER ELECTRIC: COMPANY SNAPSHOT (2021)185
TABLE 103SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED186
TABLE 104SCHNEIDER ELECTRIC: PRODUCT LAUNCHES186
TABLE 105SCHNEIDER ELECTRIC: DEALS187
12.1.3SIEMENS189
TABLE 106SIEMENS: BUSINESS OVERVIEW189
FIGURE 50SIEMENS: COMPANY SNAPSHOT (2021)190
TABLE 107SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED191
TABLE 108SIEMENS: PRODUCT LAUNCHES191
TABLE 109SIEMENS: DEALS192
12.1.4GENERAL ELECTRIC193
TABLE 110GENERAL ELECTRIC: BUSINESS OVERVIEW193
FIGURE 51GENERAL ELECTRIC: COMPANY SNAPSHOT (2021)194
TABLE 111GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED195
TABLE 112GENERAL ELECTRIC: DEALS195
TABLE 113GENERAL ELECTRIC: OTHERS196
12.1.5EMERSON ELECTRIC CO.198
TABLE 114EMERSON ELECTRIC CO.: BUSINESS OVERVIEW198
FIGURE 52EMERSON ELECTRIC CO.: COMPANY SNAPSHOT (2021)199
TABLE 115EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED199
TABLE 116EMERSON ELECTRIC CO.: PRODUCT LAUNCHES200
TABLE 117EMERSON ELECTRIC CO.: DEALS201
12.1.6CISCO SYSTEMS, INC.202
TABLE 118CISCO SYSTEMS, INC.: BUSINESS OVERVIEW202
FIGURE 53CISCO SYSTEMS, INC.: COMPANY SNAPSHOT (2021)203
TABLE 119CISCO SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED203
TABLE 120CISCO SYSTEMS, INC.: DEALS204
12.1.7HONEYWELL INTERNATIONAL INC.205
TABLE 121HONEYWELL INTERNATIONAL INC.: BUSINESS OVERVIEW205
FIGURE 54HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT (2021)206
TABLE 122HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED206
TABLE 123HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES207
TABLE 124HONEYWELL INTERNATIONAL INC.: DEALS208
TABLE 125HONEYWELL INTERNATIONAL INC.: OTHERS209
12.1.8EATON210
TABLE 126EATON: BUSINESS OVERVIEW210
FIGURE 55EATON: COMPANY SNAPSHOT (2021)211
TABLE 127EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED212
TABLE 128EATON: PRODUCT LAUNCHES213
TABLE 129EATON: DEALS213
12.1.9MITSUBISHI ELECTRIC CORPORATION214
TABLE 130MITSUBISHI ELECTRIC CORPORATION: BUSINESS OVERVIEW214
FIGURE 56MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT (2021)215
TABLE 131MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED216
TABLE 132MITSUBISHI ELECTRIC CORPORATION: PRODUCT LAUNCHES216
TABLE 133MITSUBISHI ELECTRIC CORPORATION: DEALS217
TABLE 134MITSUBISHI ELECTRIC CORPORATION: OTHERS217
12.1.10IBM218
TABLE 135IBM: BUSINESS OVERVIEW218
FIGURE 57IBM: COMPANY SNAPSHOT (2021)219
TABLE 136IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED219
TABLE 137IBM: PRODUCT LAUNCHES220
TABLE 138IBM: DEALS220
12.1.11HITACHI222
TABLE 139HITACHI: BUSINESS OVERVIEW222
FIGURE 58HITACHI: COMPANY SNAPSHOT (2020)223
TABLE 140HITACHI: PRODUCTS/SOLUTIONS/SERVICES OFFERED224
TABLE 141HITACHI: DEALS224
12.1.12ROCKWELL AUTOMATION, INC.225
TABLE 142ROCKWELL AUTOMATION, INC.: BUSINESS OVERVIEW225
FIGURE 59ROCKWELL AUTOMATION, INC.: COMPANY SNAPSHOT (2021)226
TABLE 143ROCKWELL AUTOMATION, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED226
TABLE 144ROCKWELL AUTOMATION, INC.: DEALS227
12.1.13YOKOGAWA ELECTRIC CORPORATION228
TABLE 145YOKOGAWA ELECTRIC CORPORATION: BUSINESS OVERVIEW228
FIGURE 60YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT (2020)229
TABLE 146YOKOGAWA ELECTRIC CORPORATION: PRODUCTS OFFERED230
TABLE 147YOKOGAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES231
TABLE 148YOKOGAWA ELECTRIC CORPORATION: DEALS232
TABLE 149YOKOGAWA ELECTRIC CORPORATION: OTHERS232
12.1.14C3 AI233
TABLE 150C3 AI.: BUSINESS OVERVIEW233
FIGURE 61C3 AI: COMPANY SNAPSHOT (2020)233
TABLE 151C3 AI: PRODUCTS/SOLUTIONS/SERVICES OFFERED234
TABLE 152C3 AI: PRODUCT LAUNCHES234
12.1.15DELTA ELECTRONICS, INC.235
TABLE 153DELTA ELECTRONICS, INC.: BUSINESS OVERVIEW235
FIGURE 62DELTA ELECTRONICS, INC.: COMPANY SNAPSHOT (2021)236
TABLE 154DELTA ELECTRONICS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED237
TABLE 155DELTA ELECTRONICS, INC.: PRODUCT LAUNCHES237
TABLE 156DELTA ELECTRONICS, INC.: DEALS238
12.2OTHER PLAYERS239
12.2.1ENEL X239
12.2.2NEPTUNE INDIA239
12.2.3WEIDMULLER240
12.2.4ENERGY MANAGEMENT SYSTEMS, INC.240
12.2.5DISTECH CONTROLS241
*Details on Business overview, Products/solutions/services offered, Recent Developments, MNM view might not be captured in case of unlisted companies
13APPENDIX242
13.1INSIGHTS FROM INDUSTRY EXPERTS242
13.2DISCUSSION GUIDE242
13.3KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL246
13.4AVAILABLE CUSTOMIZATIONS248
13.5RELATED REPORTS248
13.6AUTHOR DETAILS249