The global market for Industrial Energy Management Systems (IEMS) is estimated at US$29.0 Billion in 2023 and is projected to reach US$61.5 Billion by 2030, growing at a CAGR of 11.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Key Insights:
Market Growth: Understand the significant growth trajectory of the IEMS Hardware segment, which is expected to reach US$36.8 Billion by 2030 with a CAGR of a 10.8%. The IEMS Software segment is also set to grow at 11.9% CAGR over the analysis period.
Regional Analysis: Gain insights into the U.S. market, estimated at $8.2 Billion in 2023, and China, forecasted to grow at an impressive 13.2% CAGR to reach $4.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
Detailed Market Analysis: Access a thorough analysis of the Global Industrial Energy Management Systems (IEMS) Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Energy Management Systems (IEMS) Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
How is the Global Industrial Energy Management Systems (IEMS) Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?
Report Features:
Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as ABB Ltd., AECOM, Autodesk, Inc., and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 97 Featured):
ABB Ltd.
AECOM
Autodesk, Inc.
C3.ai, Inc
Cascade Energy Inc.
Cypress Envirosystems
Eaton Corporation Plc
Emerson Electric Company
Enel X S.r.l
General Electric Company
GridPoint, Inc.
Honeywell International Inc.
Horiba, Ltd.
IBM Corporation
Mitsubishi Electric Corporation
Opto22
Rockwell Automation, Inc.
SAP SE
Schneider Electric SE
Setpoint Systems Corporation
Siemens AG
Trane Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Competitive Scenario
Industrial Energy Management Systems (IEMS) - Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
The Value of Energy Efficiency is Greater than Ever Before
Innovations in The Energy Sector
Technology Trends Driving Energy Efficiency in Manufacturing Sector
Much Need to be Done on the Energy Efficiency Improvement Front
Falling Energy Efficiency Rates Expose Lost Opportunities & Massive Losses in Productivity Gains for the Global Economy: Energy Productivity Gains (In US$ Trillion) Actual Vs Projected Improvement at 3%
Industrial Energy Management System (IEMS): Conserving Energy and Driving Energy Efficiency
Regulatory Tools for Implementing Industrial Energy Efficiency
Recent Market Activity
Select Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Rise in Energy Demand Post COVID-19 Brings Energy Efficiency Back Into the Spotlight
Global Energy Production by Energy Source (2030 & 2040): Breakdown of Electricity (Billion Kilowatt Hours) and Percentage Share for Petroleum, Nuclear, Natural Gas, Coal and Renewables
Unforgivable Levels of Energy Wastes Brings Power Monitoring Into the Spotlight as the First Step Towards Achieving Energy Efficiency
The World is Wasting More Energy than It Uses Even as Global Leaders Strategize to Reduce Carbon Emissions & Climate Change. The Time is Now Right for Energy Efficiency Solutions: Energy Use Efficiency & Wastages in the U.S. (In Quadrillion British Thermal Units)
Energy Intensive Industries Are Important Consumer Clusters for IEMS
Manufacturing Systems Operation and Maintenance Optimization through EMS
Digital Technology in Manufacturing
Energy Management in Housing and Hotel Industry
Commercial Real Estate Energy Management: Latest Technology Trends
Focus on Using Potential of Energy Management
The Journey Towards a Sustainable Future Begins With Automation in Energy Intensive Industries
COVID-19 Drives Businesses to Identify Processes That Can Benefit from Automation Which Until Now Were Undiscovered: Worldwide Stock of Operative Industrial Robots (In Million)
Automation in the Absence of IEMS. Can It Guarantee Energy Efficiency?
SCADA: A Key IEMS Technology Poised for Robust Long-Term Growth
The Time is Ripe for Leveraging IoT for Smart Energy Management
Ability of IoT Powered Energy Management Systems to Predict Consumption & Spending Spurs Interest in the Technology: Global Industrial IoT Market (In US$ Billion)
Despite Technology Innovations & Falling Costs of Renewables, Energy Prices Continues to Rise, Strengthening the Business Case for IEMS
Rising Electricity Prices Amid a Tough Economic & Business Climate Step Up the Pressure to Achieve Energy Savings Via Efficiency Improvements: Global Electricity Prices (In US$ Per Kilowatt Hour) for the Years 2018, 2020 and 2023E by Country
Digitalisation in The Energy Sector: Current Trends
Workforce Challenging Industrial Energy Transition: A Key Issue
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Industrial Energy Management Systems (IEMS) Market Analysis of Annual Sales in US$ Thousand for Years 2015 through 2030
Table 2: World Recent Past, Current & Future Analysis for Industrial Energy Management Systems (IEMS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 3: World Historic Review for Industrial Energy Management Systems (IEMS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 4: World 15-Year Perspective for Industrial Energy Management Systems (IEMS) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2015, 2024 & 2030
Table 5: World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 6: World Historic Review for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 7: World 15-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 8: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 9: World Historic Review for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 10: World 15-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 11: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 12: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 13: World 15-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 14: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 15: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 16: World 15-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 17: World Recent Past, Current & Future Analysis for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 18: World Historic Review for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 19: World 15-Year Perspective for Food & Beverage by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 20: World Recent Past, Current & Future Analysis for Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 21: World Historic Review for Electronics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 22: World 15-Year Perspective for Electronics by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 23: World Recent Past, Current & Future Analysis for Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 24: World Historic Review for Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 25: World 15-Year Perspective for Mining by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 26: World Recent Past, Current & Future Analysis for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 27: World Historic Review for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 28: World 15-Year Perspective for Oil & Gas by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 29: World Recent Past, Current & Future Analysis for Petrochemicals & Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 30: World Historic Review for Petrochemicals & Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 31: World 15-Year Perspective for Petrochemicals & Chemicals by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
Table 32: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
Table 33: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
Table 34: World 15-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
Industrial Energy Management Systems (IEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
Industrial Energy Management Systems (IEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
Industrial Energy Management Systems (IEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
Industrial Energy Management Systems (IEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
Industrial Energy Management Systems (IEMS) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION
About the Industrial Energy Management Systems Market
The Industrial Energy Management Systems (IEMS) market within the utilities sector encompasses a variety of solutions designed to manage and reduce energy consumption in industrial processes. IEMS are tailored to increase energy efficiency and operate by monitoring, controlling, and optimizing the performance of energy production and consumption units. Utilities use these systems not only to comply with regulatory standards for energy efficiency but also to improve operational efficiency and reduce costs associated with energy usage. These systems include a range of software and hardware products, along with services that support enterprises in tracking and analyzing energy consumption patterns and in implementing energy-saving measures. The market has witnessed innovation in the form of integration with Internet of Things (IoT) technologies and advanced analytics, which offer real-time data monitoring and decision-making capabilities. In response to environmental concerns and the push for sustainable energy practices, the demand for IEMS within utilities has grown, fostering advancements in renewable energy integration and smart grid technologies.
Some prominent companies in the Industrial Energy Management Systems market are Schneider Electric, Siemens AG, Honeywell International Inc., Rockwell Automation, Inc., and General Electric. These entities offer a range of products and services providing end-to-end energy management solutions that are increasingly embracing digital transformation and connectivity to enhance utility operations. Other notable players include ABB Ltd. and Emerson Electric Co., which continue to drive innovation in the IEMS space. Show Less Read more
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