Market by Type, Component, End-user, and Country Outlook | Forecast 2022-2028
A study by Triton on Europe’s energy management systems market shows that the market is likely to develop with a CAGR of 15.20% in the forecast duration 2022-2028.
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The countries included in this
market are:
• Spain
• Norway
• France
• The United Kingdom
• Germany
• Italy
• Rest of Europe
Rest
of Europe is expected to witness the fastest growth in the region over the
forecast period. The
enhanced usage of smart grids, along with the rising competition among market
players, are expected to bolster the EMS market growth in Europe. Also, the
augmented demand for smart buildings is expected to encourage the
implementation of energy management systems,
thereby bolstering the market growth in the region.
The major objectives for sustainable energy make the United Kingdom a
key nation for sustainable development policies. It has introduced various
programs with a goal to achieve energy efficiency. This is expected to boost
the deployment of energy management systems in the country, thus spurring
market growth.
In Italy, the rising electricity costs, favorable government programs,
growing investments in the energy sector, and increased awareness about
reducing energy consumption & carbon footprints are expected to fuel the
growth of the EMS market over the forecasted period.
The government of France, in 2019, set its goal of achieving net zero
emissions by 2050 and upgraded the energy transition plan with a new national
low-carbon strategy and a 10-year energy plan. The country’s EMS market is
anticipated to progress over the forecasted period as a result of rising
digitization, increasing adoption of smart meters, and the nation’s efforts to
reduce emissions.
The structure of energy management systems enables to monitor and
control multiple data points at the same time. Information on pressure,
temperature, alert state, flow rate, energy usage, power demand, and other
factors are provided by the EMS monitoring and control service. Additionally,
owing to the use of sensors placed to monitor equipment, the cost incurred on
monitoring and control services of energy management systems is reduced.
Triton’s report assesses the market based on
component, type, and end-user. Here, the component segment comprises hardware, software, and services.
The services sub-segment comprises monitoring & control, maintenance,
implementation & integration, and consulting & training.
The distinguished companies operating in the
energy management systems market include IBM Corporation, Rockwell Automation
Inc, Enel X, General Electric Company, GridPoint, C3 AI, Broadcom Inc, Eaton
Corporation Plc, and Siemens.
Dexma is a leading company providing energy management solutions for
industrial and commercial buildings. It specializes in automatic monitoring,
smart grids, energy analytics, energy efficiency, energy transition, energy
sustainability, and energy management systems. The key products in the
company’s portfolio include DEXMA Analyze and DEXMA Optimize. The company was
founded in 2007, and is headquartered in Barcelona, Spain. DEXMA is working on
several R&D projects centered around awareness initiatives for reducing
energy consumption, which is expected to boost its growth.
Key deliverables of the report:
● Market CAGR during the forecasting years 2022-2028
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the energy management systems market revenue growth in Europe and its influence on the parent market
● In-depth study of forthcoming trends in consumer behavioral patterns
● A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Model
●
A wide-ranging study of factors that will challenge the Europe
energy management systems market’s growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
1. EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE ENERGY MANAGEMENT SYSTEMS MARKET
2.2. KEY
INSIGHTS
2.2.1. ADOPTION
OF SMART GRID TECHNOLOGIES
2.2.2. GOVERNMENT
INITIATIVES FOR SUSTAINABLE ENERGY AND ENERGY EFFICIENCY
2.2.3. GROWING
APPLICATIONS OF ENERGY MANAGEMENT SYSTEMS IN BUILDINGS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. KEY
IMPACT ANALYSIS
2.4.1. PERFORMANCE
2.4.2. SYSTEM
UTILITY
2.4.3. RETURN
ON INVESTMENT
2.5. MARKET
ATTRACTIVENESS INDEX
2.6. VENDOR
SCORECARD
2.7. REGULATORY
FRAMEWORK
2.8. KEY
MARKET STRATEGIES
2.8.1. ACQUISITIONS
2.8.2. PRODUCT
LAUNCHES & DEVELOPMENTS
2.8.3. PARTNERSHIPS
& AGREEMENTS
2.8.4. BUSINESS
EXPANSIONS & DIVESTITURES
2.9. MARKET
DRIVERS
2.9.1. INCREASED
EMS ADOPTION DUE TO INCREASING ENERGY CONCERNS
2.9.2. RISING
INVESTMENTS TOWARDS INCREASING ENERGY EFFICIENCY
2.9.3. NEED
FOR SUPPORTING RAPIDLY GROWING INFRASTRUCTURE
2.10. MARKET
CHALLENGES
2.10.1. HIGH
CAPITAL REQUIREMENT FOR DEPLOYMENT
2.10.2. LACK
OF SKILLED PERSONNEL
2.11. MARKET
OPPORTUNITIES
2.11.1. HOME
EMS GAINING TRACTION IN THE MARKET
2.11.2. GROWING
APPLICATIONS OF EMS IN THE ENERGY AND POWER SECTOR
2.11.3. SENSOR-BASED
EMS TOOLS TO ACHIEVE SIGNIFICANT GROWTH
3. EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET OUTLOOK – BY TYPE
3.1. INDUSTRIAL
EMS
3.2. BUILDING
EMS
3.3. HOME
EMS
4. EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET OUTLOOK – BY COMPONENT
4.1. HARDWARE
4.1.1. SENSORS
4.1.2. ACTUATORS
4.1.3. CONTROLLERS
4.1.4. THERMOSTATS
4.1.5. OTHER
HARDWARE COMPONENTS
4.2. SOFTWARE
4.3. SERVICES
4.3.1. MONITORING
& CONTROL
4.3.2. IMPLEMENTATION
& INTEGRATION
4.3.3. MAINTENANCE
4.3.4. CONSULTING
& TRAINING
5. EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET OUTLOOK – BY END-USER
5.1. POWER
& ENERGY
5.2. TELECOM
& IT
5.3. MANUFACTURING
5.4. RETAIL
& OFFICES
5.5. HEALTHCARE
5.6. OTHER
END-USERS
6. EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET – COUNTRY OUTLOOK
6.1. UNITED
KINGDOM
6.2. GERMANY
6.3. FRANCE
6.4. SPAIN
6.5. ITALY
6.6. NORWAY
6.7. REST
OF EUROPE
7. COMPETITIVE
LANDSCAPE
7.1. GENERAL
ELECTRIC COMPANY
7.2. HONEYWELL
INTERNATIONAL INC
7.3. IBM
CORPORATION
7.4. SIEMENS
7.5. SCHNEIDER
ELECTRIC
7.6. ROCKWELL
AUTOMATION INC
7.7. CISCO
SYSTEMS INC
7.8. EATON
CORPORATION PLC
7.9. EMERSON
7.10. JOHNSON
CONTROLS INC
7.11. DEXMA
7.12. ENERGY
HUB
7.13. GRIDPOINT
7.14. UPLIGHT
7.15. ENEL
X
7.16. C3
AI
7.17. BROADCOM
INC
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: REGULATORY FRAMEWORK
TABLE 4: LIST OF
ACQUISITIONS
TABLE 5: LIST OF
PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 6: LIST OF
PARTNERSHIPS & AGREEMENTS
TABLE 7: LIST OF
BUSINESS EXPANSIONS & DIVESTITURES
TABLE 8: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 9: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 10: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 11: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
TABLE 12: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
TABLE 13: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 14: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 15: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 16: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 17: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
TABLE 18: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 19: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE 1: KEY BUYING
IMPACT ANALYSIS
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 4: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY INDUSTRIAL EMS, 2022-2028 (IN $ MILLION)
FIGURE 5: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY BUILDING EMS, 2022-2028 (IN $ MILLION)
FIGURE 6: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY HOME EMS, 2022-2028 (IN $ MILLION)
FIGURE 7: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2021 & 2028 (IN %)
FIGURE 8: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 9: EUROPE ENERGY
MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2021 & 2028 (IN %)
FIGURE 10: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY SENSORS, 2022-2028 (IN $ MILLION)
FIGURE 11: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY ACTUATORS, 2022-2028 (IN $ MILLION)
FIGURE 12: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY CONTROLLERS, 2022-2028 (IN $ MILLION)
FIGURE 13: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY THERMOSTATS, 2022-2028 (IN $ MILLION)
FIGURE 14: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY OTHER HARDWARE COMPONENTS, 2022-2028 (IN $
MILLION)
FIGURE 15: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
FIGURE 16: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2021 & 2028 (IN %)
FIGURE 17: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY MONITORING & CONTROL, 2022-2028 (IN $
MILLION)
FIGURE 18: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY IMPLEMENTATION & INTEGRATION,
2022-2028 (IN $ MILLION)
FIGURE 19: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY MAINTENANCE, 2022-2028 (IN $ MILLION)
FIGURE 20: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY CONSULTING & TRAINING, 2022-2028 (IN $
MILLION)
FIGURE 21: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER, 2021 & 2028 (IN %)
FIGURE 22: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY POWER & ENERGY, 2022-2028 (IN $
MILLION)
FIGURE 23: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY TELECOM & IT, 2022-2028 (IN $ MILLION)
FIGURE 24: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY MANUFACTURING, 2022-2028 (IN $ MILLION)
FIGURE 25: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY RETAIL & OFFICES, 2022-2028 (IN $
MILLION)
FIGURE 26: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)
FIGURE 27: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)
FIGURE 28: EUROPE
ENERGY MANAGEMENT SYSTEMS MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 29: UNITED
KINGDOM ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 30: GERMANY
ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 31: FRANCE
ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 32: SPAIN ENERGY
MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 33: ITALY ENERGY
MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 34: NORWAY
ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 35: REST OF
EUROPE ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)