Government Policies Targeting Improved Energy Efficiency, and Climate Change Mitigation to Drive Energy Management System (EMS) Market

Controlling and reducing the amount of energy an organisation uses is important because it offers reduced costs, risk, and carbon emissions. Without energy management could cause you to experience a loss in functionality, a sudden increase in energy price, power outages or lack in energy supply. Energy management refers to the energy saving process of monitoring and controlling energy in businesses, public and government organisations, and homes. This process is key to saving energy, and therefore money, in the organisation. A successful energy management system involves savings related to heating, ventilation, and HVAC systems. Growing demand will thus drive the growth of energy management system (EMS) market. Regional governments worldwide have passed several laws, and regulations aimed at lowering energy usage and raising awareness about energy conservation. In industrial, commercial, and residential sectors, these regulations, and policies act as the key driving factors for energy management system market. Governments are pursuing decarbonisation in several countries, and it entails various methods. Many countries have devised or have previously implemented regulations and guidelines regarding energy consumption and carbon reduction due to the rapid increase in carbon emission rates.

For instance, ISO 50001 was created to give a standardised, international approach to best practices that may be used in all nations and industries. It provides a framework for assisting in developing energy management capability within businesses, industries, and the economy as a whole. At the country level, several rules are in place to minimise energy usage and, as a result, carbon emissions from power consumption. Several companies are now using environmental sustainability to set themselves apart from the competition. This gives them a competitive advantage and aids in developing a solid brand image. EMS solutions will aid enterprises in their efforts to conserve energy. As a result, government initiatives like these and a shift toward addressing climate change would be a driving force behind the energy management system market.

Advantages of Home Energy Management Systems (HEMS) to Drive Energy Management System (EMS) Market

Over the projection period, the home energy management systems (HEMS) segment is predicted to grow at the quickest rate. This industry’s expansion is fuelled by homeowners' increasing awareness of intelligent energy management, and power saving. A modern home equipped with HEMS contributes significantly to efficiency improvement, economising energy usage, dependability, and energy conservation for distributed systems within a robust smart grid architecture. Water heaters, freezers, and clothes dryers are big energy consumers, accounting for roughly 18% of total home energy consumption. Many technologies meant to improve whole-building energy performance can also be utilised to boost appliance efficiency. North America, and Europe represent major energy management system markets as these regions are already familiar with home energy management systems. Still, developing countries, particularly in the Asia Pacific, are striving hard to attain 100% electrification and, as a result, are heavily promoting the adoption of these technologies. Huawei, for example, released its Fusion Home Smart Energy Services Solution to help homeowners improve their solar panel systems. Fusion Home intends to make it easier for inhabitants to create, store, and manage power. It also helps with power consumption monitoring and provides an easy-to-adapt experience of using renewable energy at home.

Encouragement from Government to Drive North America’s Energy Management System (EMS) Market

During the forecast period, North America will likely be the largest region in the energy management system market. The region's need for energy management systems is expected to be driven by an increasing focus on grid modernisation, smart meter adoption, and the deployment of household energy management systems to monitor and manage electricity consumption. Government programs in the region also aim to improve efficiencies to reduce energy use. Furthermore, North America's manufacturing sector has always been strong. As a result, increasing industrial energy efficiency through adopting energy management systems becomes increasingly crucial, boosting the growth of energy management system (EMS) market in the region.

Encouragement from the government, tax breaks, and the necessity for companies to maintain a clean environment are just a few of the essential factors pushing EMS adoption across the end-use sectors. Consumers of battery-powered gadgets and those with restricted access to energy sources must prioritise energy efficiency. Government subsidies in the United States are expected to drive residential market expansion. By delivering detailed energy use statistics by particular equipment, energy management systems strive to achieve energy efficiency through process optimisation. Cloud-based EMS enables remote management of HVAC and other energy-intensive equipment and the collection of detailed and real-time data for energy-intensive electronic gadgets and appliances. In addition, cloud-based EMS provides specialised, intelligent, and real-time guidance for identifying and capturing energy-saving potential. For example, Powerhouse Dynamics' patented SiteSage system analyses and managed equipment centrally and provides actionable intelligence to help multi-unit retail, restaurant, and convenience store chains save energy.

With the increased demand for smart grid solutions to update older power infrastructures, Europe also has a significant market share. Furthermore, the European Union is encouraging various energy-saving policies and standards, which is driving up demand for power management systems throughout Europe. During the forecast period, Asia Pacific is expected to have the most significant CAGR. This expansion will be powered by the region's expanding sustainable energy infrastructure. The demand for smart grid and innovative metering technologies to optimise energy usage is growing as industrial and residential structures evolve. Furthermore, creating an ambitious sustainable energy agenda by regional energy associations promotes the need for next-generation energy management technologies, and services. This will remain an important factor pushing the performance of energy management system market.

Global Energy Management System (EMS) Market: Competitive Landscape

In October 2021, Siemens Energy and SPIE, the independent European leader in multi-technical services in the areas of energy and communications, have formed cooperation to help the energy company achieve a climate-neutral future through efficient, sustainable, and digital solutions. On the other hand, in August 2021, Emerson purchased Open Systems International, Inc. (OSI Inc.) for USD 1.6 billion in an all-cash transaction. OSI Inc. is a prominent provider of operations technology software that expands and complements Emerson's extensive software offering while improving energy savings, and dependability.

Few of the players in the energy management system (EMS) market include Schneider Electric (France), geo (Green Energy Options) (UK), ABB (Switzerland), Hitachi (Japan), Cisco Systems, Inc. (US), General Electric (US), Honeywell International Inc. (US), Siemens (Germany), Eaton (Ireland), Neptune India (India), Emerson Electric Co. (US), Enel X (Italy), Mitsubishi Electric Corporation (Japan), IBM (US), Rockwell Automation, Inc. (US), C3 AI (US), Delta Electronics, Inc. (Taiwan), Weidmuller (Germany), Energy Management Systems, Inc. (US), SWITCH Energy Inc. (Canada), Sensorberg (Germany), Distech Controls (Canada), Budderfly (US), GridPoint (US), and Yokogawa Electric Corporation (Japan).

Regional Classification of the Global Energy Management System (EMS) Market is Listed Below:

North America

U.S.
Canada

Europe

Germany
France
Spain
U.K.
Italy
Russia
Rest of Europe

Asia Pacific

China
Japan
India
Southeast Asia
Rest of Asia Pacific

Latin America

Brazil
Mexico
Rest of Latin America

Middle East and Africa

GCC
South Africa
Rest of Middle East & Africa

*Regions and countries are subject to change based on data availability.

Key Elements Included In The Study: Global Energy Management System (EMS) Market

Energy Management System (EMS) Market by Product/Technology/Grade, Application/End-user, and Region
Executive Summary (Opportunity Analysis and Key Trends)
Historical Market Size and Estimates, Value, 2019 - 2022
Market Value at Regional and Country Level, 2023 - 2030
Market Dynamics and Economic Overview
Market Size in Value, Growth Rates, and Forecast Figures, 2023 - 2030
Competitive Intelligence with Financials, Key Developments, and Portfolio of Leading Companies
Regional and Product/Grade/Application/End-user Price Trends Analysis
Value Chain and Five Force’s Analysis
Regional/Sub-region/Country Market Size and Trend Analysis
Company Market Share Analysis and Key Player Profiles

Post Sale Support, Research Updates & Offerings

We value the trust shown by our customers in Fairfield Market Research. We support our clients through our post sale support, research updates and offerings.

The report will be prepared in a PPT format and will be delivered in a PDF format.

Additionally, Market Estimation and Forecast numbers will be shared in Excel Workbook.

If a report being sold was published over a year ago, we will offer a complimentary copy of the updated research report along with Market Estimation and Forecast numbers within 2-3 weeks’ time of the sale.

If we update this research study within the next 2 quarters, post purchase of the report, we will offer a Complimentary copy of the updated Market Estimation and Forecast numbers in Excel Workbook.

If there is a geopolitical conflict, pandemic, recession, and the like which can impact global economic scenario and business activity, which might entirely alter the market dynamics or future projections in the industry, we will create a Research Update upon your request at a nominal charge.

1. Executive Summary
1.1. Global Energy Management Systems Market: Snapshot
1.2. Future Projections, 2023 - 2030, (US$ Mn)
1.3. Key Segment Analysis and Competitive Insights
1.4. Premium Insights

2. Market Overview
2.1. Market Definitions and Segmentation
2.2. Market Dynamics
2.2.1. Driver
  2.2.2. Restraint
  2.2.3. Industry Challenges & Opportunities
2.3. Market Forces Analysis
  2.3.1. Value Chain Analysis
  2.3.2. Porters Five Forces Analysis
2.4. Challenges and Solutions
2.5. Supply Chain Impact Analysis
2.6. COVID-19 Impact Analysis
  2.6.1. Pre Covid-19 Analysis
  2.6.2. Post Covid-19 Analysis
2.7. Regulatory Scenario
2.8. Economic Analysis

3. Global Energy Management Systems Market Outlook, 2019 - 2030
3.1. Global Energy Management Systems Market Outlook, by Type, Value (US$ Mn), 2019 - 2030
  3.1.1. Key Highlights
  3.1.2. Building Energy Management System (BEMS)
  3.1.3. Factory Energy Management System (FEMS)
  3.1.4. Home Energy Management System (HEMS)
  3.1.5. Community Energy Management System (CEMS)
3.2. Global Energy Management Systems Market Outlook, by Component, Value (US$ Mn), 2019 - 2030
  3.2.1. Key Highlights
3.2.1.1. Hardware
3.2.1.2. Software
3.2.1.3. Services
3.3. Global Energy Management Systems Market Outlook, by Application, Value (US$ Mn), 2019 - 2030
  3.3.1. Key Highlights
3.3.1.1. Energy Generation
3.3.1.2. Energy Transmission
3.3.1.3. Energy Monitoring
3.4. Global Energy Management Systems Market Outlook, by Verticals, Value (US$ Mn), 2019 - 2030
  3.4.1. Key Highlights
3.4.1.1. Residential
3.4.1.2. Energy & Power
3.4.1.3. Telecom & IT
3.4.1.4. Manufacturing
3.4.1.5. Retail
3.4.1.6. Healthcare
3.4.1.7. Misc.
3.5. Global Energy Management Systems Market Outlook, by Region, Value (US$ Mn), 2019 - 2030
  3.5.1. Key Highlights
3.5.1.1. North America
3.5.1.2. Europe
3.5.1.3. Asia Pacific
3.5.1.4. Latin America
3.5.1.5. Middle East & Africa
  3.5.2. Market Attractiveness Analysis

4. North America Energy Management Systems Market Outlook, 2019 - 2030
4.1. North America Energy Management Systems Market Outlook, by Type, Value (US$ Mn), 2019 - 2030
  4.1.1. Key Highlights
4.1.1.1. Building Energy Management System (BEMS)
4.1.1.2. Factory Energy Management System (FEMS)
4.1.1.3. Home Energy Management System (HEMS)
4.1.1.4. Community Energy Management System (CEMS)
4.2. North America Energy Management Systems Market Outlook, by Component, Value (US$ Mn), 2019 - 2030
  4.2.1. Key Highlights
4.2.1.1. Hardware
4.2.1.2. Software
4.2.1.3. Services
4.3. North America Energy Management Systems Market Outlook, by Application, Value (US$ Mn), 2019 - 2030
  4.3.1. Key Highlights
4.3.1.1. Energy Generation
4.3.1.2. Energy Transmission
4.3.1.3. Energy Monitoring
4.4. North America Energy Management Systems Market Outlook, by Verticals, Value (US$ Mn), 2019 - 2030
  4.4.1. Key Highlights
4.4.1.1. Residential
4.4.1.2. Energy & Power
4.4.1.3. Telecom & IT
4.4.1.4. Manufacturing
4.4.1.5. Retail
4.4.1.6. Healthcare
4.4.1.7. Misc.
4.5. North America Energy Management Systems Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
  4.5.1. Key Highlights
4.5.1.1. U.S.
4.5.1.2. Canada

5. Europe Energy Management Systems Market Outlook, 2019 - 2030
5.1. Europe Energy Management Systems Market Outlook, by Type, Value (US$ Mn), 2019 - 2030
  5.1.1. Key Highlights
5.1.1.1. Building Energy Management System (BEMS)
5.1.1.2. Factory Energy Management System (FEMS)
5.1.1.3. Home Energy Management System (HEMS)
5.1.1.4. Community Energy Management System (CEMS)
5.2. Europe Energy Management Systems Market Outlook, by Component, Value (US$ Mn), 2019 - 2030
  5.2.1. Key Highlights
5.2.1.1. Hardware
5.2.1.2. Software
5.2.1.3. Services
5.3. Europe Energy Management Systems Market Outlook, by Application, Value (US$ Mn), 2019 - 2030
  5.3.1. Key Highlights
5.3.1.1. Energy Generation
5.3.1.2. Energy Transmission
5.3.1.3. Energy Monitoring
5.4. Europe Energy Management Systems Market Outlook, by Verticals, Value (US$ Mn), 2019 - 2030
  5.4.1. Key Highlights
5.4.1.1. Residential
5.4.1.2. Energy & Power
5.4.1.3. Telecom & IT
5.4.1.4. Manufacturing
5.4.1.5. Retail
5.4.1.6. Healthcare
5.4.1.7. Misc.
5.5. Europe Energy Management Systems Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
  5.5.1. Key Highlights
5.5.1.1. Germany
5.5.1.2. France
5.5.1.3. U.K.
5.5.1.4. Italy
5.5.1.5. Rest of Europe
  5.5.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Energy Management Systems Market Outlook, 2019 - 2030
6.1. Asia Pacific Energy Management Systems Market Outlook, by Type, Value (US$ Mn), 2019 - 2030
  6.1.1. Key Highlights
6.1.1.1. Building Energy Management System (BEMS)
6.1.1.2. Factory Energy Management System (FEMS)
6.1.1.3. Home Energy Management System (HEMS)
6.1.1.4. Community Energy Management System (CEMS)
6.2. Asia Pacific Energy Management Systems Market Outlook, by Component, Value (US$ Mn), 2019 - 2030
  6.2.1. Key Highlights
6.2.1.1. Hardware
6.2.1.2. Software
6.2.1.3. Services
6.3. Asia Pacific Energy Management Systems Market Outlook, by Application, Value (US$ Mn), 2019 - 2030
  6.3.1. Key Highlights
6.3.1.1. Energy Generation
6.3.1.2. Energy Transmission
6.3.1.3. Energy Monitoring
6.4. Asia Pacific Energy Management Systems Market Outlook, by Verticals, Value (US$ Mn), 2019 - 2030
  6.4.1. Key Highlights
6.4.1.1. Residential
6.4.1.2. Energy & Power
6.4.1.3. Telecom & IT
6.4.1.4. Manufacturing
6.4.1.5. Retail
6.4.1.6. Healthcare
6.4.1.7. Misc.
6.5. Asia Pacific Energy Management Systems Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
  6.5.1. Key Highlights
6.5.1.1. China
6.5.1.2. Japan
6.5.1.3. South Korea
6.5.1.4. India
6.5.1.5. Rest of Asia Pacific
  6.5.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Energy Management Systems Market Outlook, 2019 - 2030
7.1. Latin America Energy Management Systems Market Outlook, by Type, Value (US$ Mn), 2019 - 2030
  7.1.1. Key Highlights
7.1.1.1. Building Energy Management System (BEMS)
7.1.1.2. Factory Energy Management System (FEMS)
7.1.1.3. Home Energy Management System (HEMS)
7.1.1.4. Community Energy Management System (CEMS)
7.2. Latin America Energy Management Systems Market Outlook, by Component, Value (US$ Mn), 2019 - 2030
  7.2.1. Key Highlights
7.2.1.1. Hardware
7.2.1.2. Software
7.2.1.3. Services
7.3. Latin America Energy Management Systems Market Outlook, by Application, Value (US$ Mn), 2019 - 2030
  7.3.1. Key Highlights
7.3.1.1. Energy Generation
7.3.1.2. Energy Transmission
7.3.1.3. Energy Monitoring
7.4. Latin America Energy Management Systems Market Outlook, by Verticals, Value (US$ Mn), 2019 - 2030
  7.4.1. Key Highlights
7.4.1.1. Residential
7.4.1.2. Energy & Power
7.4.1.3. Telecom & IT
7.4.1.4. Manufacturing
7.4.1.5. Retail
7.4.1.6. Healthcare
7.4.1.7. Misc.
7.5. Latin America Energy Management Systems Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
  7.5.1. Key Highlights
7.5.1.1. Brazil
7.5.1.2. Mexico
7.5.1.3. Rest of Latin America
  7.5.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Energy Management Systems Market Outlook, 2019 - 2030
8.1. Middle east & Africa Energy Management Systems Market Outlook, by Type, Value (US$ Mn), 2019 - 2030
  8.1.1. Key Highlights
8.1.1.1. Building Energy Management System (BEMS)
8.1.1.2. Factory Energy Management System (FEMS)
8.1.1.3. Home Energy Management System (HEMS)
8.1.1.4. Community Energy Management System (CEMS)
8.2. Middle East & Africa Energy Management Systems Market Outlook, by Component, Value (US$ Mn), 2019 - 2030
  8.2.1. Key Highlights
8.2.1.1. Hardware
8.2.1.2. Software
8.2.1.3. Services
8.3. Middle East & Africa Energy Management Systems Market Outlook, by Application, Value (US$ Mn), 2019 - 2030
  8.3.1. Key Highlights
8.3.1.1. Energy Generation
8.3.1.2. Energy Transmission
8.3.1.3. Energy Monitoring
8.4. Middle East & Africa Energy Management Systems Market Outlook, by Verticals, Value (US$ Mn), 2019 - 2030
  8.4.1. Key Highlights
8.4.1.1. Residential
8.4.1.2. Energy & Power
8.4.1.3. Telecom & IT
8.4.1.4. Manufacturing
8.4.1.5. Retail
8.4.1.6. Healthcare
8.4.1.7. Misc.
8.5. Middle East & Africa Energy Management Systems Market Outlook, by Country, Value (US$ Mn), 2019 - 2030
  8.5.1. Key Highlights
8.5.1.1. GCC
8.5.1.2. South Africa
8.5.1.3. Rest of Middle East & Africa
  8.5.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape
9.1. Company Market Share Analysis, 2022
9.2. Competition Matrix (By Tier and Size of companies)
9.3. Strategic Collaborations
  9.3.1. Joint Ventures
  9.3.2. Mergers & Acquisitions
9.4. Company Profiles
  9.4.1. ABB Ltd.
9.4.1.1. Company Overview
9.4.1.2. Product Portfolio
9.4.1.3. Financial Overview
9.4.1.4. Business Strategies and Development
(*Note: Above details would be available for below list of companies based on availability)
  9.4.2. General Electric
  9.4.3. Schneider Electric
  9.4.4. Siemens AG
  9.4.5. Rockwell Automation Inc.
  9.4.6. Honeywell International Inc.
  9.4.7. IBM Corporation
  9.4.8. SAP SE
  9.4.9. Oracle Corporation
  9.4.10. Cisco Systems Inc.
  9.4.11. Johnson Controls
  9.4.12. Eaton Corporation
  9.4.13. Mitsubishi Electric Corporation

10. Appendix
10.1. Acronyms and Abbreviations
10.2. Research Scope & Assumptions
10.3. Research Methodology and Information Sources

Energy Management System (EMS) Market

Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Request Table of Contents

Latest Reports

Our Research Methodology