NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028

Energy, Power & Utilities | Utilities

NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028

Market by Type, Component, End-user, and Country Outlook | Forecast 2022-2028

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Triton Market Research’s report has concluded that the energy management systems market in North America would develop with a CAGR of 15.59% in the estimated period from 2022 to 2028.


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The countries scrutinized in this region include:

•         The United States

•         Canada

Canada is expected to witness the fastest growth in the EMS market in this region. The growing residential, commercial, and industrial infrastructure calls for more energy usage. Commercial buildings in North America have become larger as their floor spaces are growing faster than the number of buildings. With this, the demand for energy management systems is also expected to rise, thus driving the studied market growth.

The rising focus on reducing energy consumption is driving the demand for energy management measures in the United States. Besides, the presence of established market players, such as Cisco Systems Inc, Rockwell Automation Inc, IBM Corporation, and others, with their technologies and advanced products, also play a key role in the development of the energy management systems market in the country.

The Canadian market for energy management systems is anticipated to progress as a result of rising electricity costs. The country’s efforts to enhance energy efficiency also suggest the development of the EMS market. In addition, the installation of solar panels for energy storage has also enhanced the demand for energy management systems. These factors indicate an overall positive outlook for the market in Canada.

Several appliances, machinery, and laboratory research tools are used in the healthcare vertical. They include sensors, diagnosis electrodes, chemical or medicine storage devices, and others. All of these require efficient energy storage and management. EMS are thus used in the field of healthcare for better maintenance of facilities so as to provide better care and treatment to patients.

Triton’s report assesses the market based on end-user, component, and type. Here, the end-user segment comprises healthcare, power & energy, telecom & it, retail & offices, manufacturing, and other end-users.         

The notable companies in the energy management systems market include Rockwell Automation Inc, Schneider Electric, Siemens, Cisco Systems Inc, IBM Corporation, Eaton Corporation Plc, C3 AI, Uplight, and Emerson.

Rockwell Automation Inc is a globally leading name in industrial automation and digital transformation. The company is dedicated in its efforts for next-gen smart manufacturing. Its end-users include chemical, automotive, entertainment, fibers & textiles, household & personal care, food & beverage, oil & gas, power generation, infrastructure, life sciences, and many others. Power Monitors, Current Transformers, and Voltage Monitors are some of the key products offered by Rockwell Automation. Founded in 1903, the US-based company is headquartered in Milwaukee, Wisconsin.

In October 2019, Rockwell Automation acquired MESTECH in order to execute its digital transformation initiatives.

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 North 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 Analysis Model


      A wide-ranging study of factors that will challenge the North 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

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Table of Content

1. NORTH 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. NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET OUTLOOK – BY TYPE

3.1. INDUSTRIAL EMS

3.2. BUILDING EMS    

3.3. HOME EMS

4. NORTH 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. NORTH 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. NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET – COUNTRY OUTLOOK          

6.1. UNITED STATES  

6.2. CANADA    

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   

List of Tables

TABLE 1: NORTH AMERICA 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: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)   

TABLE 9: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 10: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)   

TABLE 11: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY SOFTWARE, 2022-2028 (IN $ MILLION)   

TABLE 12: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)     

TABLE 13: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER, 2022-2028 (IN $ MILLION)     

TABLE 14: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2022-2028 (IN $ MILLION)   

TABLE 15: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 16: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)   

TABLE 17: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)     

TABLE 18: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER, 2022-2028 (IN $ MILLION)     

TABLE 19: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)         

List of Figures

FIGURE 1: KEY BUYING IMPACT ANALYSIS 

FIGURE 2: MARKET ATTRACTIVENESS INDEX      

FIGURE 3: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY TYPE, 2021 & 2028 (IN %)    

FIGURE 4: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY INDUSTRIAL EMS, 2022-2028 (IN $ MILLION)    

FIGURE 5: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY BUILDING EMS, 2022-2028 (IN $ MILLION)        

FIGURE 6: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY HOME EMS, 2022-2028 (IN $ MILLION)    

FIGURE 7: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY COMPONENT, 2021 & 2028 (IN %) 

FIGURE 8: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2022-2028 (IN $ MILLION)   

FIGURE 9: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY HARDWARE, 2021 & 2028 (IN %)   

FIGURE 10: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY SENSORS, 2022-2028 (IN $ MILLION)

FIGURE 11: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY ACTUATORS, 2022-2028 (IN $ MILLION)      

FIGURE 12: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY CONTROLLERS, 2022-2028 (IN $ MILLION) 

FIGURE 13: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY THERMOSTATS, 2022-2028 (IN $ MILLION) 

FIGURE 14: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY OTHER HARDWARE COMPONENTS, 2022-2028 (IN $ MILLION)    

FIGURE 15: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2022-2028 (IN $ MILLION)

FIGURE 16: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY SERVICES, 2021 & 2028 (IN %)

FIGURE 17: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY MONITORING & CONTROL, 2022-2028 (IN $ MILLION)    

FIGURE 18: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY IMPLEMENTATION & INTEGRATION, 2022-2028 (IN $ MILLION)    

FIGURE 19: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY MAINTENANCE, 2022-2028 (IN $ MILLION)  

FIGURE 20: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY CONSULTING & TRAINING, 2022-2028 (IN $ MILLION)    

FIGURE 21: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY END-USER, 2021 & 2028 (IN %)

FIGURE 22: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY POWER & ENERGY, 2022-2028 (IN $ MILLION)      

FIGURE 23: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY TELECOM & IT, 2022-2028 (IN $ MILLION)   

FIGURE 24: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY MANUFACTURING, 2022-2028 (IN $ MILLION)       

FIGURE 25: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY RETAIL & OFFICES, 2022-2028 (IN $ MILLION)      

FIGURE 26: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY HEALTHCARE, 2022-2028 (IN $ MILLION)    

FIGURE 27: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)    

FIGURE 28: NORTH AMERICA ENERGY MANAGEMENT SYSTEMS MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)                  

FIGURE 29: UNITED STATES ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)

FIGURE 30: CANADA ENERGY MANAGEMENT SYSTEMS MARKET 2022-2028 (IN $ MILLION)         

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