Market by Type, Component, End-user, and Country Outlook | Forecast 2022-2028
As per Triton’s research report, Latin America’s energy management systems market is estimated to grow with a CAGR of 16.67% over the forecasting period between 2022 and 2028.
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The countries assessed in this region include:
• Mexico
• Brazil
• Rest of Latin America
In Latin America, Mexico is anticipated to
showcase the fastest growth rate during the considered period. This region shows immense potential for smart
energy adoption, due to its notable economic growth. The market in Latin
America is being driven by the increased use of smart grids and smart meters.
The installation of smart grids is likely to boost the efficiency of the energy
supply while also ensuring that effective power distribution.
It is anticipated that Brazil will proceed with its goal to modernize
the energy sector, which includes using private sector power purchasing
agreements more frequently in the field of renewable energy. The aforementioned
initiatives to enhance energy efficiency and the increased financial support
for adopting new technologies are anticipated to fuel the country’s energy
management systems market development.
As part of its extensive energy reforms, Mexico is committed to energy
efficiency. It is the first country in Latin America to establish fuel economy
standards to save energy and enhance efficiency. The energy management systems
market in the country is thus anticipated to develop over the forecast period
as a result of such regulations and initiatives to boost energy efficiency.
An actuator is a machine component that is
responsible for controlling and moving a system or mechanism. For instance, in
the case of energy management systems, an actuator controls the valves.
Selecting the right actuator and valve is crucial for ensuring optimum system
control without unnecessary modulation.
Triton’s report assesses the market according to
component, type, and end-user. Here, the component segment comprises hardware, software, and services.
The hardware segment further includes actuators, sensors, controllers,
thermostats, and other hardware components.
The eminent players in the energy management
systems market include Cisco Systems Inc, Johnson Controls Inc, Rockwell
Automation Inc, Uplight, Dexma, Broadcom Inc, Emerson, Eaton Corporation Plc,
and Siemens.
Johnson Controls Inc is engaged in manufacturing, installing, and
servicing building management systems & controls, industrial refrigeration
systems, HVAC systems, and fire & security solutions. The company is a
leading market name providing smart and sustainable building management
systems, and offers its services in more than 150 countries. Johnson Controls’
key products include building automation systems and distributed energy storage
systems. The company’s end-users include commercial, residential, sports,
healthcare, and others.
Johnson Controls Inc’s revenue in the first quarter of 2022 was $308
million, as compared to $221 million in the first quarter of the preceding
year. In July 2021, it launched the OpenBlue Net Zero Buildings service to
achieve renewable energy and net zero carbon emission goals.
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 Latin America 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 Latin
America 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. LATIN
AMERICA 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. LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET OUTLOOK – BY TYPE
3.1. INDUSTRIAL
EMS
3.2. BUILDING
EMS
3.3. HOME
EMS
4. LATIN
AMERICA 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. LATIN
AMERICA 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. LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET – COUNTRY OUTLOOK
6.1. BRAZIL
6.2. MEXICO
6.3. REST
OF LATIN AMERICA
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: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR
SCORECARD
TABLE 3: LIST OF
ACQUISITIONS
TABLE 4: LIST OF
PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 5: LIST OF
PARTNERSHIPS & AGREEMENTS
TABLE 6: LIST OF
BUSINESS EXPANSIONS & DIVESTITURES
TABLE 7: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 8: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 9: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 10: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)
TABLE 11: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
TABLE 12: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 13: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 14: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)
TABLE 15: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
TABLE 16: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
TABLE 17: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 18: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE 1: KEY BUYING
IMPACT ANALYSIS
FIGURE 2: MARKET
ATTRACTIVENESS INDEX
FIGURE 3: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 4: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY INDUSTRIAL EMS, 2022-2028 (IN $ MILLION)
FIGURE 5: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY BUILDING EMS, 2022-2028 (IN $ MILLION)
FIGURE 6: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY HOME EMS, 2022-2028 (IN $ MILLION)
FIGURE 7: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2021 & 2028 (IN %)
FIGURE 8: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)
FIGURE 9: LATIN AMERICA
ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2021 & 2028 (IN %)
FIGURE 10: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY SENSORS, 2022-2028 (IN $ MILLION)
FIGURE 11: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY ACTUATORS, 2022-2028 (IN $
MILLION)
FIGURE 12: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY CONTROLLERS, 2022-2028 (IN $
MILLION)
FIGURE 13: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY THERMOSTATS, 2022-2028 (IN $
MILLION)
FIGURE 14: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY OTHER HARDWARE COMPONENTS,
2022-2028 (IN $ MILLION)
FIGURE 15: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)
FIGURE 16: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2021 & 2028 (IN %)
FIGURE 17: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY MONITORING & CONTROL,
2022-2028 (IN $ MILLION)
FIGURE 18: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY IMPLEMENTATION & INTEGRATION,
2022-2028 (IN $ MILLION)
FIGURE 19: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY MAINTENANCE, 2022-2028 (IN $
MILLION)
FIGURE 20: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY CONSULTING & TRAINING,
2022-2028 (IN $ MILLION)
FIGURE 21: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER, 2021 & 2028 (IN %)
FIGURE 22: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY POWER & ENERGY, 2022-2028 (IN
$ MILLION)
FIGURE 23: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY TELECOM & IT, 2022-2028 (IN $
MILLION)
FIGURE 24: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY MANUFACTURING, 2022-2028 (IN $
MILLION)
FIGURE 25: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY RETAIL & OFFICES, 2022-2028
(IN $ MILLION)
FIGURE 26: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY HEALTHCARE, 2022-2028 (IN $
MILLION)
FIGURE 27: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY OTHER END-USERS, 2022-2028 (IN $
MILLION)
FIGURE 28: LATIN
AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN
%)
FIGURE 29: BRAZIL
ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 30: MEXICO
ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)
FIGURE 31: REST OF
LATIN AMERICA ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)