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Global Energy Management Systems Market 2016-2020

  • Published: Sep 2016
  • Pages: 83
  • SKU: IRTNTR10402
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This market research report analyzes the key players in the global energy management systems market such as GE-Alstom, Honeywell, Johnson Controls, Schneider Electric, and Siemens. The report also presents a competitive analysis of the market by application (IEMS, BEMS, HEMS, and others) and by geography (the Americas, APAC, and EMEA).

Global outlook of the energy management systems market

Technavio’s market research analysts have predicted that the global energy management systems market will grow impressively during the next four years and will post a CAGR of almost 17% by 2020. The increasing need for reducing carbon emission levels has induced utilities and energy companies to change the functioning of the grid by implementing new IT technology in every part of the value chain. This industry research report identifies this change in grid structure to be one of the major factors that will have a positive impact on the growth of this market in the coming years. IT systems help in transforming the grid by integrating several low carbon polluting technologies such as renewable energy, distribution generation, and energy storage for power generation. Though beneficial, these technologies make grid operations more complex, in turn, driving the demand for energy management solutions. These systems facilitate seamless integration of power generation resources and also offer services such as load forecasting, data analytics, state estimation, and fault calculation. This enables utilities companies to generate the required power to meet the peak hour demand and also helps in minimizing excess power generation.

Owing to high energy costs, the construction industry across the world is investing in adopting energy efficiency solutions. Since green energy systems increase efficiency and reduce the impact of production and manufacturing processes on surroundings, there is an increasing adoption of green systems by the commercial sector. Moreover, green energy systems reduce energy costs and greenhouse emissions which will induce several industrial sectors to adopt green systems in the coming years.

Competitive landscape and key vendors

The market is characterized by the presence of several well-established and regional energy management companies. Since the local or regional vendors dominate the market in several geographies, the level of competition among the vendors is quite high and the estimated growth in the demand for energy management systems will further intensify the competitive environment among vendors. To increase their revenue share and also acquire new technologies, vendors have started adopting M&A strategies and are also following effective product launching practices. Additionally, vendors are also collaborating with different industry experts to gain access to markets as well as latest technologies. Major vendors such as Siemens and Schneider Electric are currently the leaders in the energy management services market and their growth mainly attributes to their strong relationship with building owners due to their extensive product portfolios. To sustain the competitive environment, vendors have the need for high capital resources to make continuous investments in R&D for developing new energy management systems.

The leading vendors in the market are -

  • GE-Alstom
  • Honeywell
  • Johnson Controls
  • Schneider Electric
  • Siemens

The other prominent vendors in the market are ABB, Alarm.com, Ameresco, Azbil, C3 Energy, CBRE, CISCO, Cylon Control, Daikin Industries, DEXMA, Duke Energy, Eaton Corporation, Echelon, Ecova, Elster, Energy System Technologies, EnergyIQ, EnerNOC, Envizi, eSight Energy, General Electric Industrial Solutions, GridPoint, Hermetic Rush Services, IBM, Lennox International, Lucid, One Sight Solutions, Oracle, Panasonic, Tendril, Trane, United Technologies, Verdant, Veris, and Wipro EcoEnergy.

Segmentation by application and analysis of the energy management systems market

During 2015, the industrial energy management systems (IEMS) accounted for almost 61% of the total market shares and dominated the market. Energy management systems have found significance in several industries such as automotive, cement, food and beverage, iron and steel, electronics, mining and minerals, oil and gas, paper and pulp, petrochemicals, and utility industries, where the need to reduce energy costs and carbon footprint drives the demand for electrical management systems.

Geographical segmentation and analysis of the energy management systems market

  • Americas
  • APAC
  • EMEA

According to this market study the Americas will account for more than 36% of the total market share by 2020 and will also dominate the energy management systems market throughout the predicted period. Constant rise in energy prices and the growing focus on the demand response and energy efficiency compel end-users such as commercial buildings, government institutions, and healthcare facilities to adopt energy management systems in the Americas. The US is identified to be the major revenue contributor in this region where the existence and implementation of several building energy codes drive the need for efficiency and cost savings, in turn, fueling the growth of the market.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global energy management systems market?
  • What are the key market trends impacting the growth of the global energy management systems market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global energy management systems market?
  • What are the market opportunities and threats faced by the vendors in the global energy management systems market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global energy management systems market?

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Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of  the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation  by application

  • Global energy management systems market by application 2015-2020
  • Global energy management systems market by application 2015-2020
  • Global energy management systems market by IEMS
  • Global energy management systems market by BEMS
  • Global energy management systems market by HEMS

PART 07: Geographical segmentation

  • Global energy management systems market by geography in 2015-2020
  • Global energy management systems market by geography in 2015-2020
  • Energy management systems market in Americas
  • Global EMS market in EMEA
  • Global EMS market in APAC

PART 08: Key leading countries

  • US
  • China
  • Japan

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

  • Other prominent vendors

PART 15: Key vendor analysis

  • GE-Alstom Grid
  • Honeywell
  • Johnson Controls
  • Schneider Electric
  • Siemens

PART 16: Appendix

  • List of abbreviations

PART 17: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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