Energy management systems are getting popularity since they help gain competitive advantage, reduce energy cost, and increase productivity. Every industry, big or small, is operating with the help of energy, so it is essential to install the energy management system. Industrial Energy Management Solution is a complete system that continually monitors energy consumption and offers active real-time control to minimize energy cost and carbon footprint. These systems provide energy consumption analysis, drill down analysis, debottlenecking, what-if analysis, and modeling & simulation, which help to enhance both the energy demand and energy supply aspects of the plant operations. Thus, energy management systems support the end-users to make quick and effective strategic decisions.
MARKET DYNAMICS
The increase in the acceptance of energy management systems for the industrial development across different verticals of the market is fueling the growth of the industrial energy management systems market. In addition, as the energy management standards and environmental regulations are becoming more stringent, the various industries are putting significant efforts to make their manufacturing processes more efficient.
MARKET SCOPE
The "Global Industrial energy management systems Market Analysis to 2031" is a specialized and in-depth study of the Industrial energy management systems industry with a special focus on the global market trend analysis. The report aims to provide an overview of Industrial energy management systems market with detailed market segmentation by technology, hardware, services, end-user, and geography. The global industrial energy management systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Industrial energy management systems market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Industrial energy management systems market is segmented on the basis of technology, hardware, services, and end-user. Based on technology, the market is segmented as Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controls (PLC), Distributed Control System (DCS), Meter Data Management (MDM), Energy Management Information System (EMIS), and Others. Further, based on hardware, the market is divided into Communication Network Hardware and Industrial Hardware. Furthermore, on basis of services, market is segmented as System Integrators, Consulting, and Maintenance & Support Services. Based on end-user, the Industrial energy management systems market is segmented as Automotive, Construction, Food & Beverages, Oil & Gas, Petrochemicals, Utilities, Mining, Electronics, and Others.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Industrial energy management systems market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Industrial energy management systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting Industrial energy management systems market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the Industrial energy management systems market for each region.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Industrial energy management systems market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Industrial energy management systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting Industrial energy management systems market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the Industrial energy management systems market for each region.
MARKET PLAYERSThe reports cover key developments in the Industrial energy management systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from Industrial energy management systems market are anticipated to lucrative growth opportunities in the future with the rising demand for Industrial energy management systems in the global market. Below mentioned is the list of few companies engaged in the Industrial energy management systems market.
The report also includes the profiles of key Industrial energy management systems companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.
- ABB Ltd.
- CISCO System, Inc.
- Eaton Corporation
- Emerson Electric Co.
- General Electric Company
- Honeywell International, Inc.
- Rockwell Automation, Inc.
- Schneider Electric SE
- Siemens AG
- Yokogawa Electric Corporation
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Industrial Energy Management Systems Market - By Technology
1.3.2Industrial Energy Management Systems Market - By Hardware
1.3.3Industrial Energy Management Systems Market - By Services
1.3.4Industrial Energy Management Systems Market - By End-User
1.3.5Industrial Energy Management Systems Market - By Region
1.3.5.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.INDUSTRIAL ENERGY MANAGEMENT SYSTEMS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.INDUSTRIAL ENERGY MANAGEMENT SYSTEMS MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6.INDUSTRIAL ENERGY MANAGEMENT SYSTEMS MARKET - GLOBAL MARKET ANALYSIS
6.1.INDUSTRIAL ENERGY MANAGEMENT SYSTEMS - GLOBAL MARKET OVERVIEW
6.2.INDUSTRIAL ENERGY MANAGEMENT SYSTEMS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.INDUSTRIAL ENERGY MANAGEMENT SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
7.1.OVERVIEW
7.2.TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3.SUPERVISORY CONTROL AND DATA ACQUISITION (SCADA)
7.3.1.Overview
7.3.2.Supervisory Control And Data Acquisition (SCADA) Market Forecast and Analysis
7.4.PROGRAMMABLE LOGIC CONTROLS (PLC)
7.4.1.Overview
7.4.2.Programmable Logic Controls (PLC) Market Forecast and Analysis
7.5.DISTRIBUTED CONTROL SYSTEM (DCS)
7.5.1.Overview
7.5.2.Distributed Control System (DCS) Market Forecast and Analysis
7.6.METER DATA MANAGEMENT (MDM)
7.6.1.Overview
7.6.2.Meter Data Management (MDM) Market Forecast and Analysis
7.7.ENERGY MANAGEMENT INFORMATION SYSTEM (EMIS)
7.7.1.Overview
7.7.2.Energy Management Information System (EMIS) Market Forecast and Analysis
7.8.OTHERS
7.8.1.Overview
7.8.2.Others Market Forecast and Analysis
8.INDUSTRIAL ENERGY MANAGEMENT SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - HARDWARE
8.1.OVERVIEW
8.2.HARDWARE MARKET FORECASTS AND ANALYSIS
8.3.COMMUNICATION NETWORK HARDWARE
8.3.1.Overview
8.3.2.Communication Network Hardware Market Forecast and Analysis
8.3.3.Ethernet switches Market
8.3.3.1.Overview
8.3.3.2.Ethernet switches Market Forecast and Analysis
8.3.4.Gateways Market
8.3.4.1.Overview
8.3.4.2.Gateways Market Forecast and Analysis
8.3.5.Routers Market
8.3.5.1.Overview
8.3.5.2.Routers Market Forecast and Analysis
8.3.6.Others Market
8.3.6.1.Overview
8.3.6.2.Others Market Forecast and Analysis
8.4.INDUSTRIAL HARDWARE
8.4.1.Overview
8.4.2.Industrial Hardware Market Forecast and Analysis
8.4.3.Smart meters Market
8.4.3.1.Overview
8.4.3.2.Smart meters Market Forecast and Analysis
8.4.4.Heating Ventilating Air-Conditioning (HVAC) Market
8.4.4.1.Overview
8.4.4.2.Heating Ventilating Air-Conditioning (HVAC) Market Forecast and Analysis
8.4.5.Load control switches (LCS) Market
8.4.5.1.Overview
8.4.5.2.Load control switches (LCS) Market Forecast and Analysis
8.4.6.Others Market
8.4.6.1.Overview
8.4.6.2.Others Market Forecast and Analysis
9.INDUSTRIAL ENERGY MANAGEMENT SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - SERVICES
9.1.OVERVIEW
9.2.SERVICES MARKET FORECASTS AND ANALYSIS
9.3.SYSTEM INTEGRATORS
9.3.1.Overview
9.3.2.System Integrators Market Forecast and Analysis
9.4.CONSULTING
9.4.1.Overview
9.4.2.Consulting Market Forecast and Analysis
9.5.MAINTENANCE AND SUPPORT SERVICES
9.5.1.Overview
9.5.2.Maintenance and Support Services Market Forecast and Analysis
10.INDUSTRIAL ENERGY MANAGEMENT SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
10.1.OVERVIEW
10.2.END-USER MARKET FORECASTS AND ANALYSIS
10.3.AUTOMOTIVE
10.3.1.Overview
10.3.2.Automotive Market Forecast and Analysis
10.4.CONSTRUCTION
10.4.1.Overview
10.4.2.Construction Market Forecast and Analysis
10.5.FOOD AND BEVERAGES
10.5.1.Overview
10.5.2.Food and Beverages Market Forecast and Analysis
10.6.OIL AND GAS
10.6.1.Overview
10.6.2.Oil and Gas Market Forecast and Analysis
10.7.PETROCHEMICALS
10.7.1.Overview
10.7.2.Petrochemicals Market Forecast and Analysis
10.8.UTILITIES
10.8.1.Overview
10.8.2.Utilities Market Forecast and Analysis
10.9.MINING
10.9.1.Overview
10.9.2.Mining Market Forecast and Analysis
10.10.ELECTRONICS
10.10.1.Overview
10.10.2.Electronics Market Forecast and Analysis
10.11.OTHERS
10.11.1.Overview
10.11.2.Others Market Forecast and Analysis
11.INDUSTRIAL ENERGY MANAGEMENT SYSTEMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Industrial Energy Management Systems Market Overview
11.1.2North America Industrial Energy Management Systems Market Forecasts and Analysis
11.1.3North America Industrial Energy Management Systems Market Forecasts and Analysis - By Technology
11.1.4North America Industrial Energy Management Systems Market Forecasts and Analysis - By Hardware
11.1.5North America Industrial Energy Management Systems Market Forecasts and Analysis - By Services
11.1.6North America Industrial Energy Management Systems Market Forecasts and Analysis - By End-User
11.1.7North America Industrial Energy Management Systems Market Forecasts and Analysis - By Countries
11.1.7.1United States Industrial Energy Management Systems Market
11.1.7.1.1United States Industrial Energy Management Systems Market by Technology
11.1.7.1.2United States Industrial Energy Management Systems Market by Hardware
11.1.7.1.3United States Industrial Energy Management Systems Market by Services
11.1.7.1.4United States Industrial Energy Management Systems Market by End-User
11.1.7.2Canada Industrial Energy Management Systems Market
11.1.7.2.1Canada Industrial Energy Management Systems Market by Technology
11.1.7.2.2Canada Industrial Energy Management Systems Market by Hardware
11.1.7.2.3Canada Industrial Energy Management Systems Market by Services
11.1.7.2.4Canada Industrial Energy Management Systems Market by End-User
11.1.7.3Mexico Industrial Energy Management Systems Market
11.1.7.3.1Mexico Industrial Energy Management Systems Market by Technology
11.1.7.3.2Mexico Industrial Energy Management Systems Market by Hardware
11.1.7.3.3Mexico Industrial Energy Management Systems Market by Services
11.1.7.3.4Mexico Industrial Energy Management Systems Market by End-User
11.2.EUROPE
11.2.1Europe Industrial Energy Management Systems Market Overview
11.2.2Europe Industrial Energy Management Systems Market Forecasts and Analysis
11.2.3Europe Industrial Energy Management Systems Market Forecasts and Analysis - By Technology
11.2.4Europe Industrial Energy Management Systems Market Forecasts and Analysis - By Hardware
11.2.5Europe Industrial Energy Management Systems Market Forecasts and Analysis - By Services
11.2.6Europe Industrial Energy Management Systems Market Forecasts and Analysis - By End-User
11.2.7Europe Industrial Energy Management Systems Market Forecasts and Analysis - By Countries
11.2.7.1Germany Industrial Energy Management Systems Market
11.2.7.1.1Germany Industrial Energy Management Systems Market by Technology
11.2.7.1.2Germany Industrial Energy Management Systems Market by Hardware
11.2.7.1.3Germany Industrial Energy Management Systems Market by Services
11.2.7.1.4Germany Industrial Energy Management Systems Market by End-User
11.2.7.2France Industrial Energy Management Systems Market
11.2.7.2.1France Industrial Energy Management Systems Market by Technology
11.2.7.2.2France Industrial Energy Management Systems Market by Hardware
11.2.7.2.3France Industrial Energy Management Systems Market by Services
11.2.7.2.4France Industrial Energy Management Systems Market by End-User
11.2.7.3Italy Industrial Energy Management Systems Market
11.2.7.3.1Italy Industrial Energy Management Systems Market by Technology
11.2.7.3.2Italy Industrial Energy Management Systems Market by Hardware
11.2.7.3.3Italy Industrial Energy Management Systems Market by Services
11.2.7.3.4Italy Industrial Energy Management Systems Market by End-User
11.2.7.4United Kingdom Industrial Energy Management Systems Market
11.2.7.4.1United Kingdom Industrial Energy Management Systems Market by Technology
11.2.7.4.2United Kingdom Industrial Energy Management Systems Market by Hardware
11.2.7.4.3United Kingdom Industrial Energy Management Systems Market by Services
11.2.7.4.4United Kingdom Industrial Energy Management Systems Market by End-User
11.2.7.5Russia Industrial Energy Management Systems Market
11.2.7.5.1Russia Industrial Energy Management Systems Market by Technology
11.2.7.5.2Russia Industrial Energy Management Systems Market by Hardware
11.2.7.5.3Russia Industrial Energy Management Systems Market by Services
11.2.7.5.4Russia Industrial Energy Management Systems Market by End-User
11.2.7.6Rest of Europe Industrial Energy Management Systems Market
11.2.7.6.1Rest of Europe Industrial Energy Management Systems Market by Technology
11.2.7.6.2Rest of Europe Industrial Energy Management Systems Market by Hardware
11.2.7.6.3Rest of Europe Industrial Energy Management Systems Market by Services
11.2.7.6.4Rest of Europe Industrial Energy Management Systems Market by End-User
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Industrial Energy Management Systems Market Overview
11.3.2Asia-Pacific Industrial Energy Management Systems Market Forecasts and Analysis
11.3.3Asia-Pacific Industrial Energy Management Systems Market Forecasts and Analysis - By Technology
11.3.4Asia-Pacific Industrial Energy Management Systems Market Forecasts and Analysis - By Hardware
11.3.5Asia-Pacific Industrial Energy Management Systems Market Forecasts and Analysis - By Services
11.3.6Asia-Pacific Industrial Energy Management Systems Market Forecasts and Analysis - By End-User
11.3.7Asia-Pacific Industrial Energy Management Systems Market Forecasts and Analysis - By Countries
11.3.7.1Australia Industrial Energy Management Systems Market
11.3.7.1.1Australia Industrial Energy Management Systems Market by Technology
11.3.7.1.2Australia Industrial Energy Management Systems Market by Hardware
11.3.7.1.3Australia Industrial Energy Management Systems Market by Services
11.3.7.1.4Australia Industrial Energy Management Systems Market by End-User
11.3.7.2China Industrial Energy Management Systems Market
11.3.7.2.1China Industrial Energy Management Systems Market by Technology
11.3.7.2.2China Industrial Energy Management Systems Market by Hardware
11.3.7.2.3China Industrial Energy Management Systems Market by Services
11.3.7.2.4China Industrial Energy Management Systems Market by End-User
11.3.7.3India Industrial Energy Management Systems Market
11.3.7.3.1India Industrial Energy Management Systems Market by Technology
11.3.7.3.2India Industrial Energy Management Systems Market by Hardware
11.3.7.3.3India Industrial Energy Management Systems Market by Services
11.3.7.3.4India Industrial Energy Management Systems Market by End-User
11.3.7.4Japan Industrial Energy Management Systems Market
11.3.7.4.1Japan Industrial Energy Management Systems Market by Technology
11.3.7.4.2Japan Industrial Energy Management Systems Market by Hardware
11.3.7.4.3Japan Industrial Energy Management Systems Market by Services
11.3.7.4.4Japan Industrial Energy Management Systems Market by End-User
11.3.7.5South Korea Industrial Energy Management Systems Market
11.3.7.5.1South Korea Industrial Energy Management Systems Market by Technology
11.3.7.5.2South Korea Industrial Energy Management Systems Market by Hardware
11.3.7.5.3South Korea Industrial Energy Management Systems Market by Services
11.3.7.5.4South Korea Industrial Energy Management Systems Market by End-User
11.3.7.6Rest of Asia-Pacific Industrial Energy Management Systems Market
11.3.7.6.1Rest of Asia-Pacific Industrial Energy Management Systems Market by Technology
11.3.7.6.2Rest of Asia-Pacific Industrial Energy Management Systems Market by Hardware
11.3.7.6.3Rest of Asia-Pacific Industrial Energy Management Systems Market by Services
11.3.7.6.4Rest of Asia-Pacific Industrial Energy Management Systems Market by End-User
11.4.MIDDLE EAST AND AFRICA
11.4.1Middle East and Africa Industrial Energy Management Systems Market Overview
11.4.2Middle East and Africa Industrial Energy Management Systems Market Forecasts and Analysis
11.4.3Middle East and Africa Industrial Energy Management Systems Market Forecasts and Analysis - By Technology
11.4.4Middle East and Africa Industrial Energy Management Systems Market Forecasts and Analysis - By Hardware
11.4.5Middle East and Africa Industrial Energy Management Systems Market Forecasts and Analysis - By Services
11.4.6Middle East and Africa Industrial Energy Management Systems Market Forecasts and Analysis - By End-User
11.4.7Middle East and Africa Industrial Energy Management Systems Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Industrial Energy Management Systems Market
11.4.7.1.1South Africa Industrial Energy Management Systems Market by Technology
11.4.7.1.2South Africa Industrial Energy Management Systems Market by Hardware
11.4.7.1.3South Africa Industrial Energy Management Systems Market by Services
11.4.7.1.4South Africa Industrial Energy Management Systems Market by End-User
11.4.7.2Saudi Arabia Industrial Energy Management Systems Market
11.4.7.2.1Saudi Arabia Industrial Energy Management Systems Market by Technology
11.4.7.2.2Saudi Arabia Industrial Energy Management Systems Market by Hardware
11.4.7.2.3Saudi Arabia Industrial Energy Management Systems Market by Services
11.4.7.2.4Saudi Arabia Industrial Energy Management Systems Market by End-User
11.4.7.3U.A.E Industrial Energy Management Systems Market
11.4.7.3.1U.A.E Industrial Energy Management Systems Market by Technology
11.4.7.3.2U.A.E Industrial Energy Management Systems Market by Hardware
11.4.7.3.3U.A.E Industrial Energy Management Systems Market by Services
11.4.7.3.4U.A.E Industrial Energy Management Systems Market by End-User
11.5.SOUTH AND CENTRAL AMERICA
11.5.1South and Central America Industrial Energy Management Systems Market Overview
11.5.2South and Central America Industrial Energy Management Systems Market Forecasts and Analysis
11.5.3South and Central America Industrial Energy Management Systems Market Forecasts and Analysis - By Technology
11.5.4South and Central America Industrial Energy Management Systems Market Forecasts and Analysis - By Hardware
11.5.5South and Central America Industrial Energy Management Systems Market Forecasts and Analysis - By Services
11.5.6South and Central America Industrial Energy Management Systems Market Forecasts and Analysis - By End-User
11.5.7South and Central America Industrial Energy Management Systems Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Industrial Energy Management Systems Market
11.5.7.1.1Brazil Industrial Energy Management Systems Market by Technology
11.5.7.1.2Brazil Industrial Energy Management Systems Market by Hardware
11.5.7.1.3Brazil Industrial Energy Management Systems Market by Services
11.5.7.1.4Brazil Industrial Energy Management Systems Market by End-User
11.5.7.2Argentina Industrial Energy Management Systems Market
11.5.7.2.1Argentina Industrial Energy Management Systems Market by Technology
11.5.7.2.2Argentina Industrial Energy Management Systems Market by Hardware
11.5.7.2.3Argentina Industrial Energy Management Systems Market by Services
11.5.7.2.4Argentina Industrial Energy Management Systems Market by End-User
11.5.7.3Rest of South and Central America Industrial Energy Management Systems Market
11.5.7.3.1Rest of South and Central America Industrial Energy Management Systems Market by Technology
11.5.7.3.2Rest of South and Central America Industrial Energy Management Systems Market by Hardware
11.5.7.3.3Rest of South and Central America Industrial Energy Management Systems Market by Services
11.5.7.3.4Rest of South and Central America Industrial Energy Management Systems Market by End-User
12.INDUSTRY LANDSCAPE
12.1.MERGERS AND ACQUISITIONS
12.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3.NEW PRODUCT LAUNCHES
12.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13.INDUSTRIAL ENERGY MANAGEMENT SYSTEMS MARKET, KEY COMPANY PROFILES
13.1.ABB LTD.
13.1.1.Key Facts
13.1.2.Business Description
13.1.3.Products and Services
13.1.4.Financial Overview
13.1.5.SWOT Analysis
13.1.6.Key Developments
13.2.CISCO SYSTEM, INC.
13.2.1.Key Facts
13.2.2.Business Description
13.2.3.Products and Services
13.2.4.Financial Overview
13.2.5.SWOT Analysis
13.2.6.Key Developments
13.3.EATON CORPORATION
13.3.1.Key Facts
13.3.2.Business Description
13.3.3.Products and Services
13.3.4.Financial Overview
13.3.5.SWOT Analysis
13.3.6.Key Developments
13.4.EMERSON ELECTRIC CO.
13.4.1.Key Facts
13.4.2.Business Description
13.4.3.Products and Services
13.4.4.Financial Overview
13.4.5.SWOT Analysis
13.4.6.Key Developments
13.5.GENERAL ELECTRIC COMPANY
13.5.1.Key Facts
13.5.2.Business Description
13.5.3.Products and Services
13.5.4.Financial Overview
13.5.5.SWOT Analysis
13.5.6.Key Developments
13.6.HONEYWELL INTERNATIONAL, INC.
13.6.1.Key Facts
13.6.2.Business Description
13.6.3.Products and Services
13.6.4.Financial Overview
13.6.5.SWOT Analysis
13.6.6.Key Developments
13.7.ROCKWELL AUTOMATION, INC.
13.7.1.Key Facts
13.7.2.Business Description
13.7.3.Products and Services
13.7.4.Financial Overview
13.7.5.SWOT Analysis
13.7.6.Key Developments
13.8.SCHNEIDER ELECTRIC SE
13.8.1.Key Facts
13.8.2.Business Description
13.8.3.Products and Services
13.8.4.Financial Overview
13.8.5.SWOT Analysis
13.8.6.Key Developments
13.9.SIEMENS AG
13.9.1.Key Facts
13.9.2.Business Description
13.9.3.Products and Services
13.9.4.Financial Overview
13.9.5.SWOT Analysis
13.9.6.Key Developments
13.10.YOKOGAWA ELECTRIC CORPORATION
13.10.1.Key Facts
13.10.2.Business Description
13.10.3.Products and Services
13.10.4.Financial Overview
13.10.5.SWOT Analysis
13.10.6.Key Developments
14.APPENDIX
14.1.ABOUT THE INSIGHT PARTNERS
14.2.GLOSSARY OF TERMS
1.ABB Ltd.
2.CISCO System, Inc.
3.Eaton Corporation
4.Emerson Electric Co.
5.General Electric Company
6.Honeywell International, Inc.
7.Rockwell Automation, Inc.
8.Schneider Electric SE
9.Siemens AG
10.Yokogawa Electric Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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