Energy Management System Market Growth and Scope - 2031
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
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
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