Energy Management System Industry 2020 Global Market Growth, Trends, Share and Demands Research Report

The global Energy Management System Market is projected to observe exponential growth over the projected timeline due to increasing customer awareness regarding the benefits of adopting of energy-efficient units. Additionally, stringent regulatory norms towards optimizing electricity use should further complement the overall product adoption. Moreover, increasing industry inclination towards the use of systems that are integrated with cutting-edge technology and government regulations encouraging energy conservation should further positively influence the overall market outlook.

Currently the market is being adversely affected by the global lockdowns in response to the COVID-19 pandemic. However, owing to the economies that have the virus under control and the hopes of an early vaccine hitting the market in 2021, the market is projected to bounce back in the coming future.

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The market is slated to witness major growth from the global manufacturing sector owing to the industrial revolution 4.0. In fact, according to the World Economic Forum, the fourth industrial revolution is projected to create an immense value of $3.7 trillion by the end of 2025, thereby fueling the manufacturing sector, which should subsequently generate tremendous demand for energy management systems.

A new Global Market Insights Inc., report estimates that the energy management system market would likely surpass a valuation of $45 billion by 2026.

Increasing awareness about growing carbon emissions and the threat of climate change is augmenting the demand for sustainable energy generation systems. The abundant availability of eco-friendly alternate energy sources has further resulted in a rapidly increasing demand for effective energy saving units. Additionally, the increasing gap between supply statistics and energy demand in face of rapid industrial expansion should also positively impel the business landscape.

Meanwhile, growing inclination towards the adoption of clean energy sources across the global healthcare infrastructure is expected to drive the healthcare application segment in the projected timeframe. In fact, the segment is estimated to exceed a valuation of $3 billion by the end of analysis period. Ongoing budget crisis due to the COVID-19 pandemic across the globe coupled with ever-increasing electricity costs should further augment the overall industry outlook. Additionally, the segment will also observe growth due to surging competition in the market. Cost pressure associated with industry restructuring would effectively improve the business scenario further.

On the regional front, MEA energy management system market is poised to witness significant revenues led by countries like Saudi Arabia. An upsurge in the project investments by global and local institutions focused on accelerating the regional development should enhance the market outlook in the country. Citing an instance, Saudi Arabia, under its Vision 2030, plans to develop its public sectors including tourism, health, education, and recreation infrastructure, further stimulating the demand for effective energy management systems in the region.

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In addition, fluctuating oil prices have resulted in the local governments considerably decreasing their dependency on revenues generated through oil and instead turning towards sustainable energy generation, fostering the regional market growth trend further.

Meanwhile, Europe EMS market is slated to witness significant growth led by France. In fact, the growing implementation of energy efficiency norms as well as the increasing use of renewable energy sources should greatly propel the France EMS industry growth. Taking September 2020 for instance, the Government of France announced a €100 billion stimulus package to boost the competitiveness of the French economy by creating more jobs and moving towards green economy. According to the package, the country would be investing over €7 billion towards enhancing energy efficiency across public buildings such as town halls and schools.

The competitive landscape of the energy management system market is inclusive of players such as ABB, Emerson, Dexma Sensors, Rockwell Automation, and Schneider Electric among others.

Browse key industry insights spread across 308 pages with 366 market data tables and 48 figures & charts from the report, Energy Management Systems Market in detail along with the table of contents:

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Report Content

Chapter 3   Energy Management System Industry Insights

3.1    Industry segmentation

3.2    Industry ecosystems analysis

3.2.1    Vendor matrix

3.3    Innovation & sustainability

3.3.1    Johnson Controls Inc

3.3.2    Rockwell Automation

3.3.3    Schneider Electric

3.3.4    Honeywell International

3.3.5    Emerson

3.3.6    Telkonet, Inc.

3.3.7    GridPoint

3.3.8    ABB Group

3.3.9    Siemens

3.3.10    Tri Cascade

3.3.11    Redback Technologies

3.3.12    Tenaga Nasional Berhad

3.3.13    Kontrol Energy Corporation

3.3.14    Rolls Royce

3.3.15    ZEN Ecosystems

3.3.16    Enphase Energy, Inc.

3.4    COVID- 19 impact on the overall industry outlook

3.4.1    Optimistic View

3.4.2    Realistic View

3.4.3    Pessimistic View

3.5    Regulatory landscape

3.5.1    Global

3.5.1.1    ISO 50000 Series

3.5.2    U.S.

3.5.2.1    Building Energy Codes

3.5.2.2    Green Building Codes

3.5.2.2.1    The International Code Council's (ICC's)

3.5.2.2.1.1    ASHRAE Standard 189.1

3.5.2.3    Federal Energy Management Program

3.5.2.4    Utility Rebates and Incentive Programs

3.5.2.5    New California Building Efficiency Standards

3.5.3    Europe

3.5.3.1    EN 50598 Part 1 and Part 2

3.5.3.2    Key Laws

3.5.3.2.1    Energy Efficiency Plan 2011

3.5.3.2.1.1    Specific measures and policies

3.5.3.3    Energy efficiency policies

3.5.3.4    Energy efficiency progress

3.5.3.4.1    DIRECTIVE (EU) 2018/844

3.5.4    UK

3.5.4.1    The UK’s National Energy Efficiency Action Plan

3.5.4.2    CRC Energy Efficiency Schemes

3.5.5    Germany

3.5.5.1    German Energy Saving Ordinance (EnEV)

3.5.6    Greece & Slovenia

3.5.7    China

3.5.7.1    China Medium and Long-Term Energy Conservation Plan

3.5.7.1.1    Government Authorities for Building Energy Conservation

3.5.7.1.1.1    National Development and Reform Commission (NDRC)

3.5.7.1.1.2    Ministry of Housing and Urban-Rural Development (MOHURD)

3.5.7.1.1.3    Ministry of Industry and Information Technology (MIIT)

3.5.7.1.1.4    National Government Offices Administration (NGOA)

3.5.7.1.1.5    Ministry of Finance (MOF)

3.5.7.1.1.6    State Administration of Taxation (SAT)

3.5.8    Australia

3.5.8.1    Government energy efficiency programs

3.5.8.2    Energy Efficiency in Government Operations (EEGO) Policy

3.5.8.3    Green Lease Schedule

3.5.8.4    National Construction Code (NCC)

3.5.9    Brazil

3.5.9.1    Brazilian Energy Efficiency Programs

3.5.9.1.1    PROCEL

3.5.9.1.2    Energy Efficiency Program (PEE)

3.6    Industry impact forces

3.6.1    Growth drivers.

3.6.1.1    Growing energy demand and price

3.6.1.2    Regulatory standards and policies toward GHG emissions

3.6.2    Industry pitfalls & challenges

3.6.2.1    High initial investment

3.7    Key customer requirements

3.8    Porter’s Analysis

3.8.1    Bargaining power of supplier

3.8.2    Bargaining power of buyers

3.8.3    Threat of new entrants

3.8.4    Threat of substitutes

3.9    Growth potential analysis

3.10    Competitive Landscape

3.10.1    Strategy dashboard

3.10.1.1    Siemens

3.10.1.1.1    Agreement

3.10.1.2    Eaton Corporation

3.10.1.2.1    Acquisition

3.10.1.3    Optimum Energy LLC

3.10.1.3.1    Collaboration

3.10.1.4    Johnson Controls

3.10.1.4.1    Acquisition

3.10.1.4.2    Product Launch

3.10.1.5    Ingersoll Rand

3.10.1.5.1    Business Development

3.10.1.5.2    Acquisition

3.10.1.6    IBM

3.10.1.6.1    Agreement

3.10.1.7    Emerson

3.10.1.7.1    Acquisitions

3.10.1.7.2    Partnership

3.10.1.7.3    Product Development

3.10.1.7.4    Product launch

3.10.1.8    Honeywell International

3.10.1.8.1    Product launch

3.10.1.9    Schneider Electric

3.10.1.9.1    Agreement

3.10.1.9.2    Product Launch

3.10.1.9.3    Acquisitions

3.10.1.10    ENGIE Impact

3.10.1.10.1    Contract

3.10.1.10.2    Acquisition

3.10.1.11    GridPoint

3.10.1.11.1    Partnership

3.10.1.12    ABB Limited

3.10.1.12.1    Product Launch

3.10.1.13    General Electric

3.10.1.13.1    Business Expansion

3.10.1.14    Mitsubishi Heavy Industries

3.10.1.14.1    Agreement

3.10.1.15    CA Technologies

3.10.1.15.1    Partnership

3.11    PESTEL Analysis

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