Energy Management System Market Scope And Analysis

  • Report Code : TIPTE100000706
  • Category : Energy and Power
  • Status : Published
  • No. of Pages : 197
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Energy Management System Market Growth and Scope - 2031

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Energy Management Systems Market Report Scope

Report Attribute Details
Market size in 2024 US$ 49.5 Billion
Market Size by 2031 US$ 105.2 Billion
Global CAGR (2024 - 2031) 11.4%
Historical Data 2021-2023
Forecast period 2024-2031
Segments Covered By Component
  • Hardware
  • Software
  • Services
By System Type
  • Industrial Energy Management System
  • Building Energy Management System
  • Home Energy Management System
By End Use Industry
  • Energy and Utilities
  • Manufacturing
  • Telecom and IT
  • Residential and Commercial
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ABB
  • Schneider Electric SE
  • General Electric Company
  • Honeywell International Inc
  • Siemens AG
  • IBM Corporation
  • Johnson Controls Inc
  • Emerson Electric Co
  • Eaton Corporation
  • Mitsubishi Electric Corporation
  • Energy Management Systems Market News and Recent Developments

    The Energy Management Systems Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the key developments in the Energy Management Systems Market are listed below:

    • Schneider Electric, a leader in the digital transformation of energy management and next-gen automation, has formed a strategic partnership with Noida International Airport to introduce building and energy management solutions. Through this collaboration, Schneider Electric will roll out complete building management solutions, comprising Electrical SCADA and Advanced Distribution Management System, aimed at boosting the airport's operational efficiency and sustainability. (Source: Schneider Electric, Press Release, October 2024)
    • ABB launched ABB Ability OPTIMAX® 6.4, the latest version of its flagship digital energy management and optimization system, to provide coordinated control of multiple industrial assets and processes, for improved energy efficiency, to reduce emissions, and to support decarbonization. (Source: ABB, Press Release, June 2024)

    Energy Management Systems Market Report Coverage and Deliverables

    The "Energy Management Systems Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:

    • Energy Management Systems Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Energy Management Systems Market trends as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST and SWOT analysis
    • Energy Management Systems Market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Energy Management Systems Market
    • Detailed company profiles