New York, Aug. 17, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Industrial Energy Management Systems (IEMS) Industry" - https://www.reportlinker.com/p05896850/?utm_source=GNW
6 Billion in the year 2020, is projected to reach a revised size of US$36.3 Billion by 2027, growing at a CAGR of 5.1% over the analysis period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record a 5.7% CAGR and reach US$20.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $7.6 Billion, While China is Forecast to Grow at 4.7% CAGR
The Industrial Energy Management Systems (IEMS) market in the U.S. is estimated at US$7.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.4 Billion by the year 2027 trailing a CAGR of 4.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.
Service Segment to Record 5.3% CAGR
In the global Service segment, USA, Canada, Japan, China and Europe will drive the 5.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.9 Billion in the year 2020 will reach a projected size of US$4.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.2 Billion by the year 2027.We bring years of research experience to this 15th edition of our report. The 143-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
- ABB Ltd.
- Aecom
- Archibus Inc.
- Autodesk Inc.
- C3 Energy
- Cascade Energy Inc.
- Cypress Envirosystems
- Eaton Corporation Plc
- Emerson Electric Company
- ENERGYai
- EnerNOC Inc.
- General Electric Company
- GridPoint Inc.
- Honeywell International, Inc.
- IBM Corp.
- Lightapp Technologies
- Mitsubishi Electric Corp.
- Opto22
- Panoramic Power
- Rockwell Automation Inc.
- SAP SE
- Schneider Electric SE
- Setpoint Systems Corporation
- Siemens AG
- Trane Inc.
Read the full report: https://www.reportlinker.com/p05896850/?utm_source=GNW
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Energy Management: A Curtain Raiser
Recent Market Activity
Industrial Energy Management Systems (IEMSs): An Introductory
Prelude
Future Prospects Remain Optimistic
Sustained Emphasis on Industrial Automation Instigates Massive
Momentum
Developed Regions Remain Primary Revenue Contributors
Developing Regions: Hot Spots for Future Growth
Stable Economic Scenario to Offer Growth Opportunities
Competitive Landscape
Global Competitor Market Shares
Industrial Energy Management System (IEMS) Competitor Market
Share Scenario Worldwide (in %): 2018 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
ABB Ltd. (Switzerland)
AECOM (USA)
ARCHIBUS, Inc. (USA)
Autodesk, Inc. (USA)
C3 Energy (USA)
Cascade Energy Inc. (USA)
Cypress Envirosystems (USA)
Eaton Corporation Plc (Ireland)
Emerson Electric Company (USA)
ENERGYai (USA)
EnerNOC, Inc. (USA)
General Electric Company (USA)
GridPoint, Inc. (USA)
Honeywell International Inc. (USA)
IBM Corporation (USA)
Lightapp Technologies (Israel)
Mitsubishi Electric Corporation (Japan)
Opto22 (USA)
Panoramic Power (USA)
Rockwell Automation, Inc. (USA)
SAP SE (Germany)
Schneider Electric SE (France)
Setpoint Systems Corporation (USA)
Siemens AG (Germany)
Trane Inc. (USA)
3. MARKET TRENDS & DRIVERS
Spiraling Energy Costs Put Focus on IEMS
New Regulations to Curb Carbon Emissions Fuel IEMS Deployments
Regulatory Tools for Implementing Industrial Energy Efficiency
Energy Audits
Voluntary Agreements
Energy Efficiency Obligation
Information and Campaign
Standards and Certifications
ISO 50001:2011
Surging Importance of Smart Industry to Drive Adoption of IEMS
Industry 4.0 Set to Accelerate Market Adoption
A Glimpse of First, Second, Third & Fourth Industrial Revolutions
IEMS - A Priority for Energy Intensive Industries (EIIs) to
Remain Competitive
Standardized and Certified IEMS Key to Realizing Multifarious
Energy-related & Non-energy Benefits
IEMS Assumes Critical Importance in Rollout of Smart Grids
Global Deployment of Smart Meters Lays Foundation for IEMS
Adoption
Internet of Things (IoT) and Machine to Machine (M2M)
Technologies to Revolutionize IEMS Market
Steady Recovery in Global Manufacturing PMI to Bolster
Prospects for IEMSs
IEMS Software Gains Precedence in Energy Saving Initiatives of
Industrial Enterprises
Cloud-based IEMaaS Set to Proliferate the Market
Services Assume Importance in End-to-End IEMS Strategy
4. GLOBAL MARKET PERSPECTIVE
Table 1: Industrial Energy Management Systems (IEMS) Global
Market Estimates and Forecasts in US$ Million by
Region/Country: 2020-2027
Table 2: Industrial Energy Management Systems (IEMS) Market
Share Shift across Key Geographies Worldwide: 2020 VS 2027
Table 3: Hardware (Component) World Market by Region/Country in
US$ Million: 2020 to 2027
Table 4: Hardware (Component) Market Share Breakdown of
Worldwide Sales by Region/Country: 2020 VS 2027
Table 5: Software (Component) Potential Growth Markets
Worldwide in US$ Million: 2020 to 2027
Table 6: Software (Component) Market Sales Breakdown by
Region/Country in Percentage: 2020 VS 2027
Table 7: Service (Component) Geographic Market Spread Worldwide
in US$ Million: 2020 to 2027
Table 8: Service (Component) Market Share Distribution in
Percentage by Region/Country: 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Industrial Energy Management System (IEMS) Market Share
(in %) by Company: 2018 & 2025
Market Analytics
Table 9: United States Industrial Energy Management Systems
(IEMS) Market Estimates and Projections in US$ Million by
Component: 2020 to 2027
Table 10: United States Industrial Energy Management Systems
(IEMS) Market Share Breakdown by Component: 2020 VS 2027
CANADA
Table 11: Canadian Industrial Energy Management Systems (IEMS)
Market Estimates and Forecasts in US$ Million by Component:
2020 to 2027
Table 12: Industrial Energy Management Systems (IEMS) Market in
Canada: Percentage Share Breakdown of Sales by Component for
2020 and 2027
JAPAN
Table 13: Japanese Market for Industrial Energy Management
Systems (IEMS): Annual Sales Estimates and Projections in US$
Million by Component for the Period 2020-2027
Table 14: Japanese Industrial Energy Management Systems (IEMS)
Market Share Analysis by Component: 2020 VS 2027
CHINA
Table 15: Chinese Industrial Energy Management Systems (IEMS)
Market Growth Prospects in US$ Million by Component for the
Period 2020-2027
Table 16: Chinese Industrial Energy Management Systems (IEMS)
Market by Component: Percentage Breakdown of Sales for 2020 and
2027
EUROPE
Market Facts & Figures
European Industrial Energy Management System (IEMS) Market:
Competitor Market Share Scenario (in %) for 2018 & 2025
Market Analytics
Table 17: European Industrial Energy Management Systems (IEMS)
Market Demand Scenario in US$ Million by Region/Country:
2018-2025
Table 18: European Industrial Energy Management Systems (IEMS)
Market Share Shift by Region/Country: 2020 VS 2027
Table 19: European Industrial Energy Management Systems (IEMS)
Market Estimates and Forecasts in US$ Million by Component:
2020-2027
Table 20: European Industrial Energy Management Systems (IEMS)
Market Share Breakdown by Component: 2020 VS 2027
FRANCE
Table 21: Industrial Energy Management Systems (IEMS) Market in
France by Component: Estimates and Projections in US$ Million
for the Period 2020-2027
Table 22: French Industrial Energy Management Systems (IEMS)
Market Share Analysis by Component: 2020 VS 2027
GERMANY
Table 23: Industrial Energy Management Systems (IEMS) Market in
Germany: Recent Past, Current and Future Analysis in US$
Million by Component for the Period 2020-2027
Table 24: German Industrial Energy Management Systems (IEMS)
Market Share Breakdown by Component: 2020 VS 2027
ITALY
Table 25: Italian Industrial Energy Management Systems (IEMS)
Market Growth Prospects in US$ Million by Component for the
Period 2020-2027
Table 26: Italian Industrial Energy Management Systems (IEMS)
Market by Component: Percentage Breakdown of Sales for 2020 and
2027
UNITED KINGDOM
Table 27: United Kingdom Market for Industrial Energy
Management Systems (IEMS): Annual Sales Estimates and
Projections in US$ Million by Component for the Period
2020-2027
Table 28: United Kingdom Industrial Energy Management Systems
(IEMS) Market Share Analysis by Component: 2020 VS 2027
REST OF EUROPE
Table 29: Rest of Europe Industrial Energy Management Systems
(IEMS) Market Estimates and Forecasts in US$ Million by
Component: 2020-2027
Table 30: Rest of Europe Industrial Energy Management Systems
(IEMS) Market Share Breakdown by Component: 2020 VS 2027
ASIA-PACIFIC
Table 31: Industrial Energy Management Systems (IEMS) Market in
Asia-Pacific by Component: Estimates and Projections in US$
Million for the Period 2020-2027
Table 32: Asia-Pacific Industrial Energy Management Systems
(IEMS) Market Share Analysis by Component: 2020 VS 2027
REST OF WORLD
Table 33: Rest of World Industrial Energy Management Systems
(IEMS) Market Estimates and Forecasts in US$ Million by
Component: 2020 to 2027
Table 34: Industrial Energy Management Systems (IEMS) Market in
Rest of World: Percentage Share Breakdown of Sales by Component
for 2020 and 2027
IV. COMPETITION
Total Companies Profiled: 75
Read the full report: https://www.reportlinker.com/p05896850/?utm_source=GNW
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