Press Resease

Energy Management Systems Market by Software (Utility, Industrial,Residential and Enterprises Energy Management): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2016 – 2022

Published Date: 03-Jan-2017 Category: Energy & Mining Report Format : PDF Pages: 110 Report Code: ZMR-647 Status : Published

Global energy management systems market to reach USD 70.93 billion in 2022, growing at a CAGR of 12.4% during 2017 and 2022.

Description

The study covers forecast and analysis for the energy management system market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2022 based on revenue (USD billion). The study includes drivers and restraints for the market with the impact they have on the demand over the forecast period. In addition, the report comprises the study of market opportunities available in the energy management system market worldwide.

In order to give the users of this report a complete view of the energy management system market, we have incorporated a comprehensive competitive scenario, buying criteria and product portfolio of key players. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model has also been included. The study also includes a market attractiveness analysis based on their market size, growth rate, and general attractiveness.

The report provides a significant view on the energy management system market by segmenting the market based on software and region. Based on various software the market is divided into utility EMS software, industrial EMS software, enterprise energy management software, residential software and others. All the segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2022.

The report covers detailed competitive outlook including company profiles of the key participants operating in the global market. The key players of energy management system market include Cisco Systems, Inc., ABB Ltd,  Emerson Process Management,  General Electric Company, Honeywell International, Inc., International Business Machine Corporation, Schneider Electric SE, Siemens AG, CA Technologies and Eaton Corporation PLC among others.

The report segments global energy management systems market as follows:

Global Energy Management Systems Market: Software Segment Analysis

  • Utility EMS Software
  • Industrial EMS Software
  • Enterprise Energy Management Software
  • Residential EMS
  • Others

Global Energy Management Systems Market:  Regional Segment Analysis

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global energy management systems market, 2016 - 2022, (USD Billion)
    • 2.2. Energy management systems market: Market snapshot
  • Chapter 3. Global Energy management systems market – Industry Analysis
    • 3.1. Energy management systems market: Market dynamics
    • 3.2. Market Drivers
      • 3.2.1. Rising energy consumption and price volatility
    • 3.3. Restraints
      • 3.3.1. Lack of financial resources and consumer awareness
    • 3.4. Opportunity
      • 3.4.1. Upcoming smart city project in economically developing countries
      • 3.4.2. Technological advancement
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by software segment
      • 3.6.2. Market attractiveness analysis by regional segment
  • Chapter 4. Global Energy management systems market - Competitive Landscape
    • 4.1. Company market share analysis, 2016 (Subject to data availability)
  • Chapter 5. Global Energy management systems market –Software Segment Analysis
    • 5.1. Global energy management systems market revenue share, by software, 2016 & 2022
    • 5.2. Global energy management systems market by utility EMS software, 2016-2022(USD Billion)
    • 5.3. Global energy management systems market by industrial EMS software, 2016-2022(USD Billion)
    • 5.4. Global energy management systems market by enterprise energy management software, 2016-2022(USD Billion)
    • 5.5. Global energy management systems market by residential EMS, 2016-2022(USD Billion)
    • 5.6. Global energy management systems market by others, 2016-2022(USD Billion)
  • Chapter 6. Energy management systems market - Regional Analysis
    • 6.1. Global energy management systems market: Regional overview
      • 6.1.1. Global energy management systems market revenue share, by region, 2016 and 2022
    • 6.2. North America
      • 6.2.1. North America energy management systems market revenue, by software 2016 – 2022 (USD Billion)
    • 6.3. Europe
      • 6.3.1. Europe energy management systems market revenue, by software, 2016 – 2022 (USD Billion)
    • 6.4. Asia Pacific
      • 6.4.1. Asia-Pacific energy management systems market revenue, by software, 2016 – 2022 (USD Billion)
    • 6.5. Latin America
      • 6.5.1. Latin America energy management systems market revenue, by software, 2016– 2022 (USD Billion)
    • 6.6. Middle East & Africa
      • 6.6.1. Middle East & Africa energy management systems market revenue, by software, 2016 – 2022 (USD Billion)
  • Chapter 7. Company Profiles
    • 7.1. ABB Ltd
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Software portfolio
      • 7.1.4. Business strategy
      • 7.1.5. Recent developments
    • 7.2. Honeywell International, Inc.
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Software portfolio
      • 7.2.4. Business strategy
      • 7.2.5. Recent developments
    • 7.3. Cisco Systems, Inc.
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Software portfolio
      • 7.3.4. Business strategy
      • 7.3.5. Recent developments
    • 7.4. General Electric Company
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Software portfolio
      • 7.4.4. Business strategy
      • 7.4.5. Recent developments
    • 7.5. International Business Machine Corporation
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Software portfolio
      • 7.5.4. Business strategy
      • 7.5.5. Recent developments
    • 7.6. Schneider Electric SE
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Software portfolio
      • 7.6.4. Business strategy
      • 7.6.5. Recent developments
    • 7.7. Siemens AG
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Software portfolio
      • 7.7.4. Business strategy
      • 7.7.5. Recent developments
    • 7.8. CA Technologies
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Software portfolio
      • 7.8.4. Business strategy
      • 7.8.5. Recent developments
    • 7.9. Emerson Process Management
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Software portfolio
      • 7.9.4. Business strategy
      • 7.9.5. Recent developments
    • 7.10. Eaton Corporation PLC
      • 7.10.1. Overview
      • 7.10.2. Financials
      • 7.10.3. Software portfolio
      • 7.10.4. Business strategy
      • 7.10.5. Recent development

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Energy Management Systems market. Zion Research has collected and analyzed key data belong to the global Energy Management Systems market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Energy Management Systems across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in the validation of findings from secondary research and to understand key trends in the Energy Management Systems industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Energy Management Systems market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Energy management system (EMS) is a system of computer-aided tools used by operators of electric utility grids to monitor, control, and optimize the performance of the generation and transmission asset in real time.Energy management system plays the key role in helping the businesses, industries, and individuals to become more energy efficient. In addition, this system will help them to lower the electricity expenses considerably. Factors like the rising in energy crisis and growth in industries in emerging economies help to impel demand of energy management system.

The key factors which are mainly driving the energy management system market is escalating energy consumption and price volatility. Furthermore, increasing awareness in industrial sectors for the efficient utilization of energy consumption is also fueling the growth of this market. In addition, stringent government policies and guidelines or government intervention over misuse of energy consumption spurs the growth of this market. However, lack of financial resources for new entrant enterprises serve as a major restraining factor which hampers the growth of energy management system market.  A long period of return on investment for energy-intensive industries is the poising challenge to the growth of energy management system market.Nonetheless, upcoming smart city project in developing countries and technological advancement such as integration of energy management system with smart devices are offering new avenues to this market.

Global-Energy-Management-Systems-Market

Energy management system is segmented on the basis of utility EMS software, industrial EMS software, enterprise energy management software, residential EMS and others. Utility EMS software is projected to dominate energy management system market over the forecast period. Due to the high penetration of cloud services, declining cost of IoT components, regional government initiatives for smart grid roll-out are driving the demand for utility EMS software on the global scale. However, adopting the utility EMS software is still a challenge in some regions due to poor infrastructure and cyber attacks. Lack of technological awareness regarding privacy & security has raised a number of concerns for the retailers which is hindering the adoption of energy management system solution in the utility industry.

North America held the largest share in energy management system and expected to dominate this market over the forecast period. The government of North America has been actively involved with the energy efficiency management standards for the residential sector.This has pushed the residential energy management market toward the energy management system. Asia Pacific is anticipated to show the fastest growth for energy management system due to the larger population and booming industrial sector, especially in China.
Key market player of the energy management system market is ABB Ltd, Cisco Systems, Inc., General Electric Company, Honeywell International, Inc., International Business Machine Corporation, Schneider Electric SE, Siemens AG, Emerson Process Management, CA Technologies, and Eaton Corporation PLC among others.

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