Pre-order Enquiry
Request Free Sample
Global Energy Management Market Size, Status and Forecast 2019-2025
SKU ID : QYR-14469187 | Publishing Date : 22-Jul-2019 | No. of pages : 109
Request Sample
Request Customization
Check Discounts
An energy management system (EMS) is a system of computer-aided tools used by operators of electric utility grids to monitor, control, and optimize the performance of the generation and/or transmission system. Also, it could be used in small scale systems like microgrids.
In order to generate this electrical energy in its original form, a lot of natural resources are being used. Traditionally electricity was generated only from non-renewable energy resources but now renewables have come into picture. Although renewables are used for generation of electricity, the system and equipment needed to produce electricity from them are costly and thus can’t be afforded by every common man. Hence this has led to the depletion of the natural resources.
An Energy Management System is a series of policies, processes and procedures to manage operational energy use. Energy, in the context of organizational use, can be defined as the direct consumption of fuel (Gas, Oil, etc.) and indirect consumption of fuel (Electricity) required performing the organizational functions. It is a strategy of adjusting and optimizing energy, using systems and procedures so as to reduce energy requirements per unit of output while holding constant or reducing the total costs of producing the output from these systems. Thus EMS leads to the judicious and effective use of energy in order to maximize the profits by reducing the operational costs and hence enhance the competitive positions.
In 2018, the global Energy Management market size was 24800 million US$ and it is expected to reach 55700 million US$ by the end of 2025, with a CAGR of 10.7% during 2019-2025.
This report focuses on the global Energy Management status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Energy Management development in United States, Europe and China.
The key players covered in this study
GE
Honeywell
Johnson Controls
Schneider Electric
Siemens
ABB Group
Cisco Systems
IBM
Eaton Corporation
Emerson Electric
Rockwell Automation
Delta Electronics, Inc.
DEXMA
Yokogawa Electric Corporation
GridPoint
Market segment by Type, the product can be split into
Software
Service
Hardware
Market segment by Application, split into
Power & Energy
Telecom & IT
Building
Enterprise
Healthcare
Other
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Energy Management status, future forecast, growth opportunity, key market and key players.
To present the Energy Management development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Energy Management are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
In order to generate this electrical energy in its original form, a lot of natural resources are being used. Traditionally electricity was generated only from non-renewable energy resources but now renewables have come into picture. Although renewables are used for generation of electricity, the system and equipment needed to produce electricity from them are costly and thus can’t be afforded by every common man. Hence this has led to the depletion of the natural resources.
An Energy Management System is a series of policies, processes and procedures to manage operational energy use. Energy, in the context of organizational use, can be defined as the direct consumption of fuel (Gas, Oil, etc.) and indirect consumption of fuel (Electricity) required performing the organizational functions. It is a strategy of adjusting and optimizing energy, using systems and procedures so as to reduce energy requirements per unit of output while holding constant or reducing the total costs of producing the output from these systems. Thus EMS leads to the judicious and effective use of energy in order to maximize the profits by reducing the operational costs and hence enhance the competitive positions.
In 2018, the global Energy Management market size was 24800 million US$ and it is expected to reach 55700 million US$ by the end of 2025, with a CAGR of 10.7% during 2019-2025.
This report focuses on the global Energy Management status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Energy Management development in United States, Europe and China.
The key players covered in this study
GE
Honeywell
Johnson Controls
Schneider Electric
Siemens
ABB Group
Cisco Systems
IBM
Eaton Corporation
Emerson Electric
Rockwell Automation
Delta Electronics, Inc.
DEXMA
Yokogawa Electric Corporation
GridPoint
Market segment by Type, the product can be split into
Software
Service
Hardware
Market segment by Application, split into
Power & Energy
Telecom & IT
Building
Enterprise
Healthcare
Other
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Energy Management status, future forecast, growth opportunity, key market and key players.
To present the Energy Management development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Energy Management are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
