Report Description
The Asia Pacific energy management systems market size is projected to expand at a significant CAGR during the forecast period, 2021-2028. The growth of the market is attributed to increase in energy demand.
Energy management systems (EMS) are emerging technologies that collect the data from the real-time information on the energy use through pictures, online monitoring tools, energy quality assurance, and visualizing energy consumption. The main objective of EMS is to achieve and maintain optimum energy procurement and utilization.
Asia Pacific Energy Management Systems Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for energy conservation and environmental safety is anticipated to drive the market growth during the forecast period.
- Rising evolution of smart grid is projected to boost the market growth in the coming years.
- Growing favorable government policies and incentive programs is expected to spur the market growth during the forecast period.
- Increasing adoption of smart buildings is anticipated to drive the market growth during the forecast period.
- Rising scope for energy management in HVAC systems is projected to boost the market growth in the coming years.
- High cost of deployment is estimated to restrict the market growth.
- Privacy and security risks is projected to hinder the market growth.
- Rising demand for electric vehicle (EV) charging infrastructure is anticipated to create significant opportunities for the market players.
Scope of Asia Pacific Energy Management Systems Market Report
The report on the Asia Pacific energy management systems market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Energy Management Systems Market - Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Type of EMS (Building EMS, Industrial EMS, and Home EMS), End-users (Manufacturing, Power and Energy, IT and Telecommunication, Healthcare, and Others), and Components (Hardware, Software, and Services)
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Geography
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China, India, Japan, Australia and Rest of Asia Pacific
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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IBM Corporation; Honeywell International Inc.; Schneider Electric SE; Rockwell Automation Inc.; General Electric Company
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Asia-Pacific Energy Management Systems Market Segment Insights
Industrial EMS segment to hold a significant market share
Based on types of EMS, the market is divided into building EMS, industrial EMS, and home EMS. The building EMS segment is anticipated to hold a key share of the market in the coming years due to lower costs in operating and maintaining critical assets. However, the industrial EMS segment is anticipated to expand at a rapid pace during the forecast period owing to high quality manufacturing processes and methods.
Fresh forage segment is anticipated to hold a large market share
On the basis of end-users, the market is segregated into manufacturing, power and energy, IT and telecommunication, healthcare, and others. The power and energy segment is anticipated to hold a key share of the market in the coming years, as it provides enhanced control over the power systems and facilities by providing vital data on your power-distribution assets and network. On the other hand, the IT and telecommunication segment is expected to grow at a robust rate due to increasing energy requirements for data servers.
Software segment to hold a significant market share
In terms of components, the market is divided into hardware, software, and services. The hardware segment is anticipated to hold a key share of the market in the coming years. However, the software segment is anticipated to expand at a rapid pace during the forecast period.
India is estimated to account a major market share
On the basis of geography, the Asia-Pacific market is classified as India, China, Japan, Australia, and Rest of Asia Pacific. China is expected to constitute a significant share of the market during the projected period due to rising energy prices and the requirement to control and reduce carbon emissions whilst magnifying their efficiency. However, the market in India is anticipated to expand at a rapid pace during the forecast period owing to growing industrial & manufacturing sector.
Segments
Segments Covered in the Report
The Asia-Pacific energy management systems market has been segmented on the basis
Type of EMS
- Building EMS
- Industrial EMS
- Home EMS
End-users
- Manufacturing
- Power and Energy
- IT and Telecommunication
- Healthcare
- Others
Components
- Hardware
- Software
- Services
Geography
- China
- India
- Japan
- Australia
- Rest of Asia Pacific
Key Players
- IBM Corporation
- Honeywell International Inc.
- Schneider Electric SE
- Rockwell Automation Inc.
- General Electric Company
Competitive Landscape
Key players competing in the Asia Pacific energy management systems market includes IBM Corporation; Honeywell International Inc.; Schneider Electric SE; Rockwell Automation Inc.; General Electric Company.
Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Energy Management Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Energy Management Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Energy Management Systems Market - Supply Chain
4.5. Global Energy Management Systems Market Forecast
4.5.1. Energy Management Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Energy Management Systems Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Energy Management Systems Market Absolute $ Opportunity
5. Global Energy Management Systems Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Energy Management Systems Market Size and Volume Forecast by End Users
5.3.1. Manufacturing
Power and Energy
IT and Telecommunication
Healthcare
Others
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Energy Management Systems Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Energy Management Systems Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Energy Management Systems Demand Share Forecast, 2019-2026
7. North America Energy Management Systems Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Energy Management Systems Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Energy Management Systems Market Size and Volume Forecast by End Users
7.4.1. Manufacturing
Power and Energy
IT and Telecommunication
Healthcare
Others
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Energy Management Systems Demand Share Forecast, 2019-2026
8. Latin America Energy Management Systems Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Energy Management Systems Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Energy Management Systems Market Size and Volume Forecast by End Users
8.4.1. Manufacturing
Power and Energy
IT and Telecommunication
Healthcare
Others
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Energy Management Systems Demand Share Forecast, 2019-2026
9. Europe Energy Management Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Energy Management Systems Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Energy Management Systems Market Size and Volume Forecast by End Users
9.4.1. Manufacturing
Power and Energy
IT and Telecommunication
Healthcare
Others
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Energy Management Systems Demand Share Forecast, 2019-2026
10. Asia Pacific Energy Management Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Energy Management Systems Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Energy Management Systems Market Size and Volume Forecast by End Users
10.4.1. Manufacturing
Power and Energy
IT and Telecommunication
Healthcare
Others
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Energy Management Systems Demand Share Forecast, 2019-2026
11. Middle East & Africa Energy Management Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Energy Management Systems Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Energy Management Systems Market Size and Volume Forecast by End Users
11.4.1. Manufacturing
Power and Energy
IT and Telecommunication
Healthcare
Others
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Energy Management Systems Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Energy Management Systems Market: Market Share Analysis
12.2. Energy Management Systems Distributors and Customers
12.3. Energy Management Systems Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. IBM Corporation
Honeywell International Inc.
Schneider Electric SE
Rockwell Automation Inc.
General Electric Company