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Energy Management Systems Market By Component and By Application - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 - 2024

Energy Management Systems Industry in By Component and By Application - Global: Forecasts to 2024

  • March 2016
  • 108 pages
  • ID: 3999455
In this report:
These regulations would have a significant impact on the energy management systems market in terms of implementing energy management plan as a part of a company’s sustainability strategy.
With the development of software, and equipment technologies, the market for energy management systems is expected to expand substantially.

Summary

Table of Contents

This research study examines the energy management systems market in terms of income. The energy management systems sector has been broken down by component, application, and territory. The regional segment has been further divided into 15 sub-segments that comprise 11 countries which are top actors in the overall energy management systems market. For the industry research, 2014 has been taken as the base year while all forecasts have been given for the 2015-2024 period. Market data for all the segments has been provided at the regional as well as country-specific level for the 2014-2024 period. The analysis offers a broad competitive analysis of companies involved in energy management systems manufacturing and installation business.

The industry report also comprises the main market dynamics including drivers, market restraints, and alternatives affecting the overall energy management systems market. These market dynamics were analyzed in detail and are illustrated in the study with the help of supporting graphs and tables. The study also offers an exhaustive analysis of the overall energy management systems market with the help of Porter's Five Forces model. This analysis helps in understanding the five main forces that affect the market structure and profitability of the overall energy management systems market. The forces analyzed are the bargaining power of buyers, bargaining power of suppliers, threat of additional entrants, threat of substitutes, and degree of competition.

The market research offers in-depth insights into the energy management systems business globally. There are currently many drivers for the energy management systems market. One of the most main drivers is the strict norms and regulations to reduce carbon footprints globally, mandating bigger investments in energy management systems based solutions. Apart from this, energy management systems enables organizations to increase efficiency and reduce operational costs. Analysis of market appeal was carried out for the energy management systems market based on geography. Market interest was estimated based on frequent parameters that directly impact the industry in different areas.

The scope of energy management systems is vast and extends from heating, ventilation, air conditioning and infrastructure to supply chain. Growth potential for the energy management systems market is provided by these energy consumption avenues. With the development of software, and equipment technologies, the sector for energy management systems is forecast to expand substantially. Increase in the industry for energy management systems can be attributed to bigger focus on growing energy efficiency and achieving operational targets at low costs. The sector has received further impetus from growing environmental concerns to reduce carbon footprints. Energy management systems eco system is evolving with availability of different technologies and solutions, nevertheless, users of energy management systems have been selective in terms of implementation. Regulations related to energy consumption and environment concerns are shaping the next wave of the energy management systems. These regulations would have a meaningful impact on the energy management systems market in terms of implementing energy management plan as a part of a company's sustainability strategy.

The energy management systems market is split in terms of component, application and area. By component the energy management systems market is divided into hardware components, software, communication networks, control system and sensors and other equipment. By application the sector is divided into industrial, building and home. The energy management systems market was analyzed across five geographies: North America continent, South & Central America, EU, Asia Pacific (APAC), and Middle East area & African continent. North America (NA), held the biggest market share succeeded by Europe (EU) in 2014. Rise in awareness about the benefits of energy management systems along huge investments in energy management systems solutions is the primary driver for the energy management systems market in North America continent. South & Central America and Middle East (ME) & African continent have experienced sluggish growth in the year 2014.

Regional data has been specified for each sub-segment of the energy management systems market. Key market participants in the energy management systems market contain Emerson Process Management, Eaton Corporation Plc, General Electric Company, Honeywell International, Incorporated, Johnson Controls, Incorporated, Mitsubishi Electric Automation, Pacific Controls, Rockwell Automation, Incorporated, Schneider Electric SE and Siemens AG.

Energy Management Systems Market: By Component

Energy Management Systems Market: By area

North America (NA)

USA

Canada (CA)

Mexico (MX)

Europe (EU)

Germany (DE)

United Kingdom (UK)

Rest of europe (EU)

Asia-Pac

Japan & South Korea

China (CN)

Rest of Asia Pacific (APAC)

African region & Middle East

Saudi arabia (SA)

A.E.

Rest of African region and Middle East

South & Central America

Brazil (BR)

Argentina (AR)

Rest of South & Central America

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