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Energy Management System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global energy management system market size reached US$ 41.66 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 92.13 Billion by 2027, exhibiting a growth rate (CAGR) of 13.40% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

An energy management system (EMS) refers to an automation system of computer-aided tools utilized to monitor, control, and optimize the performance of the transmission or generation system. Home, building, and industrial are some of the common types of EMS. It is widely used by operators of electric utility grids to control and monitor energy-consuming devices, such as fans, pumps, heating and cooling equipment, dampers, and lighting. EMS consists of various components, such as a smart panel, consumption monitors, smart circuits, and a monitoring and control app. It assists in analyzing consumption trends, lowering carbon footprint, enhancing productivity, improving brand image, assessing and building operator’s energy consumption targets, and minimizing operational and energy costs.

 

 
 

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Energy Management System Market Trends:

The widespread product adoption in residential buildings across the globe is creating a positive outlook for the market. Energy management systems are widely used to monitor and control the building's energy needs and aid in improving the overall energy efficiency of the establishment. Additionally, the increasing demand of EMS in enterprises and organizations to minimize operational costs and greenhouse gas emissions is favoring the market growth. Apart from this, the large-scale integration of artificial intelligence (AI) and the Internet of Things (IoT) to optimize the use of electricity, analyze the data and help in effective and sustainable energy consumption strategies based on usage patterns are providing a considerable boost to the market growth. Moreover, the rising consumer inclination toward energy efficiency and optimization due to the increasing energy consumptions across the globe are positively impacting the market growth. Other factors, including the rising development of smart cities, which, in turn, has facilitated the  increasing deployment of smart meters and smart grids, along with the implementation of various government initiatives focusing on sustainable energy usage, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global energy management system market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, product, solution, industry vertical and end use.

Breakup by Component:

 

 
 

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  • Sensors
  • Controllers
  • Software
  • Batteries
  • Display Devices
  • Others
     

Breakup by Product:

  • Industrial Energy Management Systems (IEMS)
  • Building Energy Management Systems (BEMS)
  • Home Energy Management Systems (HEMS)
     

Breakup by Solution:

  • Carbon Energy Management
  • Demand Response Management
  • Utility Billing and Customer Information System
     

Breakup by Industry Vertical:

  • Power & Energy
  • Telecom & IT
  • Manufacturing
  • Retail & Offices
  • Healthcare
  • Others
     

Breakup by End Use:

  • Residential
  • Commercial
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being C3.ai Inc., Delta Electronics Inc., Eaton Corporation PLC, Emerson Electric Co., General Electric Company, Honeywell International Inc., Johnson Controls International PLC, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corporation and Yokogawa Electric Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component, Product, Solution, Industry Vertical, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered C3.ai Inc., Delta Electronics Inc., Eaton Corporation PLC, Emerson Electric Co., General Electric Company, Honeywell International Inc., Johnson Controls International PLC, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corporation and Yokogawa Electric Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global energy management system market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global energy management system market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the solution?
  • What is the breakup of the market based on the industry vertical?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global energy management system market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Energy Management System Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Sensors
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Controllers
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Software
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Batteries
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Display Devices
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7    Market Breakup by Product
    7.1    Industrial Energy Management Systems (IEMS)
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Building Energy Management Systems (BEMS)
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Home Energy Management Systems (HEMS)
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Solution
    8.1    Carbon Energy Management
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Demand Response Management
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Utility Billing and Customer Information System
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Industry Vertical
    9.1    Power & Energy
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Telecom & IT
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Manufacturing
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Retail & Offices
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Healthcare
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Others
        9.6.1 Market Trends
        9.6.2 Market Forecast
10    Market Breakup by End Use
    10.1    Residential
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Commercial
        10.2.1 Market Trends
        10.2.2 Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia-Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis

    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    C3.ai Inc.
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio
           16.3.1.3 Financials
        16.3.2    Delta Electronics Inc.
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio
           16.3.2.3 Financials
           16.3.2.4 SWOT Analysis
        16.3.3    Eaton Corporation PLC
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio
           16.3.3.3 Financials
           16.3.3.4 SWOT Analysis
        16.3.4    Emerson Electric Co.
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio
           16.3.4.3 Financials
           16.3.4.4 SWOT Analysis
        16.3.5    General Electric Company
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio
           16.3.5.3 Financials
           16.3.5.4 SWOT Analysis
        16.3.6    Honeywell International Inc.
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio
           16.3.6.3 Financials
        16.3.7    Johnson Controls International PLC
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio
           16.3.7.3 Financials
           16.3.7.4 SWOT Analysis
        16.3.8    Rockwell Automation Inc.
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio
           16.3.8.3 Financials
           16.3.8.4 SWOT Analysis
        16.3.9    Schneider Electric SE
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio
           16.3.9.3 Financials
           16.3.9.4 SWOT Analysis
        16.3.10    Siemens AG
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio
           16.3.10.3 Financials
           16.3.10.4 SWOT Analysis
        16.3.11    Toshiba Corporation
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio
           16.3.11.3 Financials
           16.3.11.4 SWOT Analysis
        16.3.12    Yokogawa Electric Corporation
           16.3.12.1 Company Overview
           16.3.12.2 Product Portfolio
           16.3.12.3 Financials
           16.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Energy Management System Market: Major Drivers and Challenges
Figure 2: Global: Energy Management System Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Energy Management System Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Energy Management System Market: Breakup by Component (in %), 2021
Figure 5: Global: Energy Management System Market: Breakup by Product (in %), 2021
Figure 6: Global: Energy Management System Market: Breakup by Solution (in %), 2021
Figure 7: Global: Energy Management System Market: Breakup by Industry Vertical (in %), 2021
Figure 8: Global: Energy Management System Market: Breakup by End Use (in %), 2021
Figure 9: Global: Energy Management System Market: Breakup by Region (in %), 2021
Figure 10: Global: Energy Management System (Sensors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Energy Management System (Sensors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Energy Management System (Controllers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Energy Management System (Controllers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Energy Management System (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Energy Management System (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Energy Management System (Batteries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Energy Management System (Batteries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Energy Management System (Display Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Energy Management System (Display Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Energy Management System (Other Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Energy Management System (Other Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Energy Management System (Industrial Energy Management Systems (IEMS)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Energy Management System (Industrial Energy Management Systems (IEMS)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Energy Management System (Building Energy Management Systems (BEMS)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Energy Management System (Building Energy Management Systems (BEMS)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Energy Management System (Home Energy Management Systems (HEMS)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Energy Management System (Home Energy Management Systems (HEMS)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Energy Management System (Carbon Energy Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Energy Management System (Carbon Energy Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Energy Management System (Demand Response Management) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Energy Management System (Demand Response Management) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Energy Management System (Utility Billing and Customer Information System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Energy Management System (Utility Billing and Customer Information System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Energy Management System (Power & Energy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Energy Management System (Power & Energy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Energy Management System (Telecom & IT) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Energy Management System (Telecom & IT) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Energy Management System (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Energy Management System (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Energy Management System (Retail & Offices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Energy Management System (Retail & Offices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Energy Management System (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Energy Management System (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Global: Energy Management System (Other Industry Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Global: Energy Management System (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Global: Energy Management System (Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Global: Energy Management System (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Global: Energy Management System (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Global: Energy Management System (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: North America: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: North America: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: United States: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: United States: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Canada: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Canada: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Asia-Pacific: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Asia-Pacific: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: China: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: China: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Japan: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Japan: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: India: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: India: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: South Korea: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: South Korea: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Australia: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Australia: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Indonesia: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Indonesia: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Europe: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Europe: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Germany: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Germany: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: France: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: France: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: United Kingdom: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: United Kingdom: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Italy: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Italy: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Spain: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Spain: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Russia: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Russia: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Others: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Others: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Latin America: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Latin America: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Brazil: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Brazil: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 92: Mexico: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 93: Mexico: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 94: Others: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 95: Others: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 96: Middle East and Africa: Energy Management System Market: Sales Value (in Million US$), 2016 & 2021
Figure 97: Middle East and Africa: Energy Management System Market: Breakup by Country (in %), 2021
Figure 98: Middle East and Africa: Energy Management System Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 99: Global: Energy Management System Industry: SWOT Analysis
Figure 100: Global: Energy Management System Industry: Value Chain Analysis
Figure 101: Global: Energy Management System Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Energy Management System Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Energy Management System Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Energy Management System Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 4: Global: Energy Management System Market Forecast: Breakup by Solution (in Million US$), 2022-2027
Table 5: Global: Energy Management System Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
Table 6: Global: Energy Management System Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 7: Global: Energy Management System Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Energy Management System Market: Competitive Structure
Table 9: Global: Energy Management System Market: Key Players


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