Energy Management Systems is a solution including software and associated hardware and communication systems for energy efficiency improvement. Market management solutions have wide applications areas spread across different verticals such as telecom and IT, power and energy, commercial and office buildings, manufacturing, and hospital, municipal, school and university Systems. The market management solutions for energy market is highly fragmented with various offerings extending from simple to complex energy monitoring dashboards and software including analytics of high degree.
1. Market Management Solutions for Energy - Overview
Energy Management Systems is a solution including software and associated hardware and
communication systems for energy efficiency improvement. Market management solutions have
wide applications areas spread across different verticals such as telecom and IT, power and energy,
commercial and office buildings, manufacturing, and hospital, municipal, school and university
Systems. The market management solutions for energy market is highly fragmented with various
offerings extending from simple to complex energy monitoring dashboards and software including
analytics of high degree.
Market Management Solutions for Energy - Drivers & Restraints
The adoption of market management solutions for energy depend mainly upon rigorous government
regulations regarding conservation and energy efficiency coupled with market awareness of end-
users regarding the importance of energy conservation and improving profits. However, there are
multiple factors hindering the growth of the market such as during economic slowdowns energy
management automatically takes the back seat and because of financial limitations application of
market management solutions gets converted into a secondary goal. The organization focuses more
on production than on energy efficiency in the business setups. Creating awareness among end
users about energy management can be challenging as end users and the enterprises are more
concern about initial cost than on long term benefits.
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Market Management Solutions for Energy - Segmentation
The market can be segmented by software types into industrial, utility, residential, enterprise energy
and carbon management, and others. The market is segmented in terms of devices into load control
(LC) switches, in-home displays (IHDs), smart plugs and smart thermostats. Furthermore, by
applications the market is segmented into home energy management systems (HEMS) and building
energy management systems (BEMS); utility billing, Customer Information System (CIS) and
solutions: demand response (DR). In addition the market is segmented by business vertical on the
basis of implementation into energy and power, commercial and office buildings; Municipal,
University, School and Hospital Systems (MUSH); IT and telecom and manufacturing.
Market Management Solutions for Energy - Key Players
The major players in this market are GE Corporation, Siemens AG, Schneider Electric, Honeywell
International Inc., among others.
On the regional basis the global market management solutions for energy market has been
categorized into North America, Europe, Asia Pacific, Middle East & Africa and South Africa. North
America is expected to hold a prominent share of the global market management solutions for
energy market, followed by Europe in 2018. This trend is expected to continue in the forecast
period. A number of factors such as the increasing demand for new advanced security systems,
technical breakthroughs in the field of energy and power generation, supporting government
regulations, increasing adoption of IoT and related services are driving the growth of the market in
North America and Europe. The market in Asia Pacific is expected to grow at a faster rate between
2018 and 2026. Developing economies in Asia, such as India and China are inviting global players to
enter their market, which is in-turn supporting the growth of overall market management solutions
for energy market.
2. In the current scenario, the global market management solutions for energy market is highly
fragmented. However there is presence of few well established players having strong distribution
network. Also, these players have deeply penetrated into the market management solutions for
energy market by introducing innovative and technologically advanced products. The companies are
strengthening their position through merger & acquisition and continuously investing in research
and development (R&D) activities to come up with solutions to cater the customers’ requirement.
Furthermore, vendors are planning to invest in advanced technologies with a target to provide cost
competitive product in the market.
The prominent industry vendors of the distributed energy resource management system systems
market are ABB Ltd, Sunverge Energy, Inc, Blue Pillar, Inc., Enernoc, Inc., Autogrid Systems, Inc.,
Siemens AG, General Electric, Open Access Technology International, Inc., Spirae, Inc., Schneider
Electric, Enbala Power Networks, Inc. and Doosan Gridtech, Inc.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative
insights, historical data, and verifiable projections about market size. The projections featured in the
report have been derived using proven research methodologies and assumptions. By doing so, the
research report serves as a repository of analysis and information for every facet of the market,
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium,
Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and
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trade journals, and industry body databases). The report also features a complete qualitative and
3. quantitative assessment by analyzing data gathered from industry analysts and market participants
across key points in the industry’s value chain.
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A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators,
and regulations and mandates is included under the purview of the study. By doing so, the report
projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
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Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and
volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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