HOME Top Market Reports Industrial Energy Management System (IEMS) Market by Technology Solution (SCADA, PLC, DCS, Energy Platforms, Energy Analytics, Meter Data Management, EMIS, PLCS, & DRMS), by Hardware, by Services and by Industry – Global Forecast to 2019

Industrial Energy Management System (IEMS) Market by Technology Solution (SCADA, PLC, DCS, Energy Platforms, Energy Analytics, Meter Data Management, EMIS, PLCS, & DRMS), by Hardware, by Services and by Industry – Global Forecast to 2019

By: marketsandmarkets.com
Publishing Date: February 2015
Report Code: TC 3150

Discount on Reports  

  Speak to Analyst Enquiry Before Buying  
purchase report
download pdf  request for customisation


Industries are the prime energy consumer in any nation’s economy. The industries such as automotive, oil refineries, chemical, steel, aluminum, paper, and various others, energy accounts a biggest share of their operating cost expense. Moreover, as environmental regulations and the energy management standards are becoming more stringent, industries are continuously striving hard to make their manufacturing processes clean and efficient. All these factors make it imperative for industries to monitor their energy consumption and manage it for optimal consumption.

The IEMS systematically capture the energy fluctuation and serves as the monitoring system to strategically improvise the energy efficiency. It provides the industrial energy managers to visualize the energy consumed throughout the enterprise including the manufacturing process and building operation. IEMS being increasingly adopted by organizations and manufacturing facilities for energy efficiency, optimizing energy consumption, utilizing dynamic pricing tariffs and demand control thus reducing overall costs in operating a facility. The IEMS includes all the actions that are planned and implemented to confirm minimum energy consumption for the current activities. When the IEMS is integrated with the already existing management systems, energy-intensive industries profit from a reduction in personnel, as well as in temporal and financial expenditure.

ABB Ltd, CISCO System, Inc., Eaton Corporation PLC, Emerson Electric Company, EnerNOC, Inc., General Electric Company, Honeywell International, Inc., Rockwell Automation, Schneider Electric SE, and Siemens AG, are some of the leading vendors offering IEMS. Also some of the private players who cater the IEMS market with their innovative offering are categorised as the key innovator in the research report.

MarketsandMarkets has segmented the global IEMS market by technology solutions, hardware’s, services, industry and regions. The market research report analyzes global adoption trends, future growth potential, key drivers, restraints, opportunities, and best practices in this market.

On the basis of technology solution:

  • supervisory control and data acquisition (SCADA)
  • programmable logic controls (PLC)
  • distributed control system (DCS)
  • energy platform
  • energy analytics
  • meter data management (MDM)
  • energy management information system (EMIS)
  • peak load control system (PLCS)
  • demand response management solution (DRMS)

On the basis of hardware:

The communication network includes

  • Ethernet switches
  • Gateways
  • Routers
  • Repeaters
  • Bridges

Industrial hardware’s include

  • Smart meters
  • Heating
  • Ventilating
  • Air-Conditioning (HVAC)
  • Load control switches (LCS)
  • Transmitters
  • Human machine interface (HIM)/operator panels
  • Others (breakers, and switch gears)

On the basis of service:

  • system integrators
  • consulting
  • support and maintenance services.

On the basis of industry:

  • Automotive
  • Cement
  • electronic
  • food and beverages
  • metal manufacturing
  • mining and minerals
  • oil and gas
  • paper and pulp
  • petrochemical
  • utility

On the basis of geographical regions:

  • North America (NA)
  • Europe
  • Latin America (LA)
  • Asia-Pacific (APAC)
  • Middle East and Africa (MEA).


Table of Contents
  
1  Introduction (Page No. - 16)
   1.1  Objectives of The Report 
   1.2  Market Definition 
   1.3  Market Scope 
         1.3.1  Markets Covered 
         1.3.2  Years Considered In the Report 
         1.3.3  Currency and Pricing 
   1.4  Limitations 
   1.5  Stakeholders 

2  Research Methodology (Page No. - 20) 
   2.1  Research Data 
         2.1.1  Secondary Data 
                 2.1.1.1  Key Data from Secondary Sources 
         2.1.2  Primary Data 
                 2.1.2.1  Key Data from Primary Sources 
                 2.1.2.2  Key Industry Insights 
                 2.1.2.3  Breakdown of Primaries 
   2.2  Market Size Estimation 
        2.2.1  Bottom-Up Approach 
        2.2.2  Top-Down Approach 
   2.3  Market Breakdown and Data Triangulation 
   2.4  Research Assumption and Limitation 
        2.4.1  Assumptions 
        2.4.2  Limitations
 
3  Executive Summary (Page No. - 29)
 
4  Premium Insights (Page No. - 33)
    4.1  Attractive Market Opportunities in IEMS Market 
    4.2  IEMS Overall Market 2014 Vs. 2019 
    4.3  IEMS Market Snapshot, By Type 
    4.4  APAC IEMS Market, By Industry, 2014 
    4.5  Lifecycle Analysis, By Region 
    4.6  Market Investment Scenario 
    4.7  Product Growth Matrix 
    4.8  Regional Adoption Scenario: Technology Solution 
   
5  Market Overview (Page No. - 39) 
    5.1  Introduction 
    5.2  Market Segmentation 
          5.2.1  By Technology Solution 
          5.2.2  By Hardware 
                  5.2.2.1  By Communication Network 
                  5.2.2.2  By Industrial Hardware 
          5.2.3  By Service 
          5.2.4  By Industry 
          5.2.5  By Region 
    5.3  Market Dynamics 
          5.3.1  Drivers 
                  5.3.1.1  Increasing Energy Consumption and Price Volatility 
                  5.3.1.2  Corporate Responsibility and Brand Image 
                  5.3.1.3  Energy Management Programs and Standards 
          5.3.2  Restraints 
                  5.3.2.1  Long Period of Return on Investment (ROI) 
                  5.3.2.2  Lack of Technical and Financial Resources 
          5.3.3  Opportunities 
                  5.3.3.1  Exemption from Energy and Carbon Tax Policies 
                  5.3.3.2  Competitiveness and Productivity Gains 
          5.3.4  Challenges 
                  5.3.4.1  Difficulty in Initial Data Gathering 
                  5.3.4.2  Loss of Data In Event Of Server Failure 
6  Industry Trends (Page No. - 50) 
    6.1  Introduction 
    6.2  Value Chain Analysis 
          6.2.1  Technology Vendors 
          6.2.2  Original Device Manufacturer (ODM) 
          6.2.3  Energy Platform Vendors 
          6.2.4  System Integrators 
    6.3  Ecosystem 
    6.4  Porter’s Five Forces Analysis 
          6.4.1  Threat of New Entrants 
          6.4.2  Threat of Substitutes 
          6.4.3  Bargaining Power of Suppliers 
          6.4.4  Bargaining Power of Buyers 
          6.4.5  Intensity of Rivalry 
    6.5  Strategic Benchmarking 

7  Industrial Energy Management System Market, By Technology Solution (Page No. - 56) 
    7.1  Introduction 
    7.2  Supervisory Control And Data Acquisition (SCADA) 
    7.3  Programmable Logic Control (PLC) 
    7.4  Distributed Control System (DCS) 
    7.5  Energy Platform 
    7.6  Energy Analytics 
    7.7  Meter Data Management (MDM) 
    7.8  Energy Management Information System (EMIS) 
    7.9  Peak Load Control System (PLCS) 
    7.10  Demand Response Management System (DRMS) 

8  Industrial Energy Management System Market, By Hardware (Page No. - 73) 
    8.1  Introduction 
    8.2  Communication Network Hardware 
          8.2.1  Ethernet Switches 
          8.2.2  Gateways 
          8.2.3  Routers 
          8.2.4  Repeaters 
          8.2.5  Bridges 
    8.3  Industrial Hardware 
          8.3.1  Smart Meters 
          8.3.2  Heating, Ventilating, and Air Conditioning (HVAC) 
          8.3.3  Load Control Switch (LCS) 
          8.3.4  Transmitters 
          8.3.5  Human Machine Interface (HMI)/Operator Panels 
          8.3.6  Others 

9  Industrial Energy Management System Market, By Service (Page No. - 93) 
    9.1  Introduction 
    9.2  System Integrator 
    9.3  Consulting Services 
    9.4  Support and Maintenance Services
 
10  Industrial Energy Management System Market, By Industry (Page No. - 99) 
     10.1  Introduction 
     10.2  Automotive Industry 
     10.3  Cement Industry 
     10.4  Electronics Industry 
     10.5  Food and Beverages Industry 
     10.6  Metal Manufacturing Industry 
     10.7  Mining and Minerals Industry 
     10.8  Oil and Gas Industry 
     10.9  Paper and Pulp Industry 
     10.10  Petrochemicals 
     10.11  Utilities 

11  Industrial Energy Management System Market, By Region (Page No. - 118) 
     11.1  Introduction 
     11.2  North America (NA) 
     11.3  Europe 
     11.4  Asia-Pacific (APAC) 
     11.5  Middle East and Africa (MEA) 
     11.6  Latin America (LA) 

12  Competitive Landscape (Page No. - 142) 
     12.1  Overview 
     12.2  Competitive Situation and Trends 
     12.3  Venture Funding 
     12.4  Mergers and Acquisitions 
     12.5  Partnerships, Agreements, Joint Ventures, and Collaborations 
     12.6  New Product Launch 
     12.7  Business Expansions
 
13  Company Profiles (Page No. - 152) 
     13.1  Introduction 
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MNM View)*   
     13.2  Cisco Systems, Inc. 
     13.3  Emerson Electric Company 
     13.4  General Electric Company 
     13.5  Schneider Electric Se 
     13.6  Siemens Ag 
     13.7  ASEA Brown Boveri (ABB) Ltd. 
     13.8  Eaton Corporation Plc 
     13.9  Enernoc, Inc. 
     13.10  Honeywell International, Inc. 
     13.11  Rockwell Automation 
*Details On Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MNM View Might Not Be Captured In Case Of Unlisted Companies.   
   
14  Appendix (Page No. - 183)
    14.1  Excerpts from Industry Experts 
    14.2  Discussion Guide 
    14.3  Introducing RT: Real-Time Market Intelligence 
    14.4  Available Customizations 
    14.5  Related Reports 
   
List of Tables (89 Tables)    
   
Table 1  IEMS Market Size and Growth Rate, 2012–2019 ($Million, Y-O-Y %) 
Table 2  Rising Energy Demand and Price Volatility Will Drive The Market 
Table 3  Long Period Of ROI Is A Restraint To The Market Growth 
Table 4  Competitiveness and Increase in Productivity Will Act As An Opportunity For The Market 
Table 5  Data Redundancy Issues and Difficulty In Data Collection Will Be The Major Challenges For The Technology Vendors 
Table 6  IEMS Market Size, By Technology Solution, 2012-2019 ($Million) 
Table 7  SCADA Solution: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 8  Plc Solution: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 9  DCS Solution: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 10  Energy Platform: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 11  Energy Analytics Solution: IEMS Market Size, By Region,2012–2019 ($Million)   
Table 12  MDM Solution: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 13  EMIS Solution: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 14  PLCS Solution: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 15  DRMS Solution: IEMS Market Size, By Region, 2012–2019 ($ Million) 
Table 16  IEMS Hardware Market Size, By Type, 2012–2019 ($Million) 
Table 17  Communication Network: IEMS Market Size, By Type, 2012–2019 ($Million) 
Table 18  Communication Network Hardware: IEMS Market Size, By Region, 2012–2019 ($Million)   
Table 19  Ethernet Switches: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 20  Gateways: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 21  Routers: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 22  Repeaters: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 23  Bridges: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 24  Industrial Hardware: IEMS Market Size, By Type, 2012–2019 ($Million) 
Table 25  IEMS Industrial Hardware Market Size, By Region, 2012–2019 ($Million) 
Table 26  Smart Meters: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 27  HVAC: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 28  LCS: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 29  Transmitters: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 30  HMI/Operator Panels: Market Size, By Region, 2012–2019 ($Million) 
Table 31  Others: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 32  IEMS: Market Size, By Service, 2012–2019 ($Million) 
Table 33  System Integrator Service: IEMS Market Size, By Region,2012–2019 ($Million)   
Table 34  Consulting Services: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 35  Support and Maintenance Services: IEMS Market Size, By Region,2012–2019 ($Million)  
Table 36  IEMS Market Size, By Industry, 2012–2019 ($Million) 
Table 37  Automotive Industry: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 38  Cement Industry: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 39  Electronics Industry: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 40  Food and Beverages Industry: IEMS Market Size, By Region, 2012–2019 ($Million)   
Table 41  Metal Manufacturing Industry: IEMS Market Size, By Region, 2012–2019 ($Million)  
Table 42  Mining and Minerals Industry: IEMS Market Size, By Region, 2012–2019 ($Million)   
Table 43  Oil and Gas Industry: IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 44  Paper and Pulp Industry: IEMS Market Size, By Region, 2012–2019 ($Million)   
Table 45  Petrochemicals Industry: IEMS Market Size, By Region,2012–2019 ($Million)   
Table 46  Utilities Industry: IEMS Size, By Region, 2012–2019 ($Million) 
Table 47  IEMS Market Size, By Region, 2012–2019 ($Million) 
Table 48  APAC Has the Highest Market Growth Rate From 2014 To 2019 
Table 49  Regional Snapshot: APAC Market As A Hotspot 
Table 50  NA: IEMS Market Size, By Type, 2012–2019 ($Million) 
Table 51  NA: IEMS Market Size, By Technology Solution, 2012–2019 ($Million) 
Table 52  NA: IEMS Market Size, By Hardware Type, 2012–2019 ($Million) 
Table 53  NA: IEMS Market Size, By Communication Network, 2012–2019 ($Million) 
Table 54  NA: IEMS Market Size, By Industrial Hardware, 2012–2019 ($Million) 
Table 55  NA: IEMS Market Size, By Service, 2012–2019 ($Million) 
Table 56  NA: IEMS Market Size, By Industry, 2012–2019 ($Million) 
Table 57  Europe: IEMS Market Size, By Types, 2012–2019 ($Million) 
Table 58  Europe: IEMS Market Size, By Technology Solution, 2012–2019 ($Million) 
Table 59  Europe: IEMS Market Size, By Hardware Type, 2012–2019 ($Million) 
Table 60  Europe: IEMS Market Size, By Communication Network,2012–2019 ($Million)  
Table 61  Europe: IEMS Market Size, By Industrial Hardware, 2012–2019 ($Million)   
Table 62  Europe: IEMS Market Size, By Service, 2012–2019 ($Million) 
Table 63  Europe: IEMS Market Size, By Industry, 2012–2019 ($Million) 
Table 64  APAC: IEMS Market Size, By Type, 2012–2019 ($Million) 
Table 65  APAC: IEMS Market Size, By Technology Solution, 2012–2019 ($Million) 
Table 66  APAC: IEMS Market Size, By Hardware Type, 2012–2019 ($Million) 
Table 67  APAC: IEMS Market Size, By Communication Network,2012–2019 ($Million)   
Table 68  APAC: IEMS Market Size, By Industrial Hardware, 2012–2019 ($Million) 
Table 69  APAC: IEMS Market Size, By Service, 2012–2019 ($Million) 
Table 70  APAC: IEMS Market Size, By Industry, 2012–2019 ($Million) 
Table 71  MEA: IEMS Market Size, By Type, 2012–2019 ($Million) 
Table 72  MEA: IEMS Market Size, By Technology Solution, 2012–2019 ($Million) 
Table 73  MEA: IEMS Market Size, By Hardware Type, 2012–2019 ($Million) 
Table 74  MEA: IEMS Market Size, By Communication Network, 2012–2019 ($Million)
Table 75  MEA: IEMS Market Size, By Industrial Hardware, 2012–2019 ($Million) 
Table 76  MEA: IEMS Market Size, By Service, 2012–2019 ($Million) 
Table 77  MEA: IEMS Market Size, By Industry, 2012–2019 ($Million) 
Table 78  LA: IEMS Market Size, By Type, 2012–2019 ($Million) 
Table 79  LA: IEMS Market Size, By Technology Solution, 2012–2019 ($Million) 
Table 80  LA: IEMS Market Size, By Hardware Type, 2012–2019 ($Million) 
Table 81  LA: IEMS Market Size, By Communication Network, 2012–2019 ($Million) 
Table 82  LA: IEMS Market Size, By Industrial Hardware, 2012–2019 ($Million) 
Table 83  LA: IEMS Market Size, By Service, 2012–2019 ($Million) 
Table 84  LA: IEMS Market Size, By Industry, 2012–2019 ($Million) 
Table 85  Venture Funding, 2009–2014 
Table 86  Mergers and Acquisitions, 2010–2014 
Table 87  Partnerships, Agreements, Joint Ventures, and Collaborations,2009–2014  
Table 88  Expansions, 2010–2014 
Table 89  New Product Developments, 2012–2014     
   
List of Figures (94 Figures)    
   
Figure 1  Global IEMS Market: Research Design 
Figure 2  Market Size Estimation Methodology: Bottom-Up Approach 
Figure 3  Market Size Estimation Methodology: Top-Down Approach 
Figure 4  Market Breakdowns and Data Triangulation 
Figure 5  Na Held the Largest Market Share In 2014 
Figure 6  Top Three Segments for IEMS Market in 2014–2019 
Figure 7  IEMS Market Size And Growth Rate, 2012–2019 ($Million, Y-O-Y %) 
Figure 8  Stringent Energy Management Standards Drive IEMS Market toward Growth 
Figure 9  Global IEMS Market, By Region, 2014 vs. 2019 ($Million) 
Figure 10  Hardware Market to Grow At the Highest Rate among The Top Three IEMS Segments 
Figure 11  Automotive and Cement Industries Are the Leading Segments In Terms Of Market Share In APAC Region For 2014 
Figure 16  Workflow Model: IEMS 
Figure 17  Market Segmentation: By Technology Solution 
Figure 18  Market Segmentation: By Hardware 
Figure 19  Market Segmentation: By Communication Network 
Figure 20  Market Segmentation: By Industrial Hardware 
Figure 21  Market Segmentation: By Service 
Figure 22  Market Segmentation: By Industry 
Figure 23  Market Segmentation: By Region 
Figure 24  Increasing Energy Consumption and Price Volatility Will Spur the Demand Of IEMS Solutions 
Figure 25  IEMS: Value Chain Analysis 
Figure 26  IEMS Ecosystem 
Figure 27  IEMS: Porter’s Five Forces Analysis 
Figure 28  Majority Of The Market Dominated By Energy Analytics Solutions 
Figure 29  SCADA  Solution: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 30  Plc Solution: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 31  Distributed Control System 
Figure 32  DCS Solution: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 33  Energy Platform: IEMS Market Size, By Region, 2012–2019 ($Million) 
Figure 34  Energy Analytics Technologies & Solutions 
Figure 35  Energy Analytics Solution : IEMS Market Size, By Region,   
2014–2019 ($Million)  
Figure 36  Mdm Solution: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 37  Emis Block Diagram 
Figure 38  Emis Solution: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 39  Plcs Solution: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 40  Drms Solutions: Evolution 
Figure 41  Drms Solution: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 42  IEMS Hardware Market Size, By Region, 2014–2019 ($Million) 
Figure 43  Communication Network Hardware: IEMS Market Size, By Type, 
2014–2019 ($Million)  
Figure 44  Ethernet Switches Market Size, By Region, 2014–2019 ($Million) 
Figure 45  Gateways: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 46  Routers: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 47  Repeaters: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 48  Bridges: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 49  Industrial Hardware: IEMS Market Size, By Type, 2014–2019 ($Million) 
Figure 50  Smart Meters: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 51  HVAC: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 52  LCS Market Size, By Region, 2014–2019 ($Million) 
Figure 53  Transmitters: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 54  HMI/Operator Panels: IEMS Market Size, By Region,   
2014–2019 ($Million)  
Figure 55  Others: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 56  IEMS Market Size, By Service, 2014–2019 ($Million) 
Figure 57  System Integrator Service: IEMS Market Size, By Region,   
2014–2019 ($Million)   
Figure 58  Consulting Services: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 59  Support and Maintenance Services: IEMS Market Size, By Region, 
2014–2019 ($Million)  
Figure 60  IEMS Market Size, By Industry, 2014–2019 ($Million) 
Figure 61  Automotive Energy Consumption in Various Processes 
Figure 62  Automotive Industry: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 63  Cement Industry: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 64  Electronics Industry: IEMS Market Size, By Region,   
2014–2019 ($Million)  
Figure 65  Food and Beverages Industry: IEMS Market Size, By Region,   
2014–2019 ($Million)  
Figure 66  Metal Manufacturing Industry: IEMS Market Size, By Region, 
2014–2019 ($Million)   
Figure 67  Mining and Minerals Industry: IEMS Market Size, By Region,   
2014–2019 ($Million)  
Figure 68  Oil and Gas Industry: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 69  Paper and Pulp Industry: IEMS Market Size, By Region,   
2014–2019 ($Million)   
Figure 70  Petrochemicals Industry: IEMS Market Size, By Region,   
2014–2019 ($Million)   
Figure 71  Utility Industry: IEMS Market Size, By Region, 2014–2019 ($Million) 
Figure 72  APAC: An Attractive Destination for IEMS Market, 2014–2019 
Figure 73  Companies Adopted Inorganic Growth Strategies Such As Mergers & Acquisitions and Partnerships & Agreements over The Last Three Years 
Figure 74  Schneider Electric Grew At the Highest Rate between 2009 And 2013 
Figure 75  Market Evaluation Frameworks 
Figure 76  Battle for Market Share: Venture Funding Is the Key Strategy 
Figure 77  Competitive Analysis: Regional Market Share Analysis 
Figure 78  Cisco: Company Snapshot 
Figure 79  Cisco: SWOT Analysis 
Figure 80  Emerson: Company Snapshot 
Figure 81  Emerson: SWOT Analysis 
Figure 82  GE: Company Snapshot 
Figure 83  GE: SWOT Analysis 
Figure 84  Schneider Electric: Company Snapshot 
Figure 85  Schneider Electric: SWOT Analysis 
Figure 86  Siemens: Company Snapshot 
Figure 87  Siemens: SWOT Analysis 
Figure 88  Abb: Company Snapshot 
Figure 89  Eaton: Company Snapshot 
Figure 90  Enernoc: Company Snapshot 
Figure 91  Enernoc: SWOT Analysis 
Figure 92  Honeywell: Company Snapshot 
Figure 93  Honeywell: SWOT Analysis 
Figure 94  Rockwell Automation: Company Snapshot 

The IEMS has been applied to the process and manufacturing sector since past few years. But its proper implementation was seen after the introduction of ISO 50001:2011 Energy Management System guideline in 2011. Many other standards were also introduced in past decade for the same purpose and many of the standards were implemented as the regional standards by the local governments. The standards lay down the requirements establishing, executing, upholding and enhancing an energy management system. The purpose of introducing the standard was to enable an industrial plant to adhere methodical way in accomplishing persistent enhancement of energy functioning, including energy efficiency, wastage reduction, energy usage and utilization. Today, industrial sector in the phase of dynamic rejuvenation and innovation has found many new ways to optimize the energy consumption and associated cost. The technology has been so advanced to allow greater insights regarding energy procurement, consumption, and strategies for management of energy as business inputs in the industrial process. Hence, there has been a drastic change in the view points of industrial organization to look at the energy cost, and strategies of efficient ways of energy consumption and management. This approach had a significant impact over the overall competitive landscape in the industrial sectors. The influence is said to have positive impacted over investors, shareholders, global supply chain, and customer associated.

The process and manufacturing sector are accounted as the most important component of the gross domestic product (GDP) in any country’s economy. But the increasing energy procurement has declined the cost benefits of the process and manufacturing industries and hence an internal energy management strategic plan is the priority focus of the industry. The industrial sector account to for almost one-third of the world total energy consumption it is now essential to understand and enhance the industrial energy consumption in an efficient manner. The implementation of energy management practices in the future is likely to depend more upon the government policies on the subject of energy efficiency and conservation as well as market education of end users about the importance of saving energy and improving bottom line profits.

The IEMS solutions are been deployed in various industries such as automotive, cement manufacturing, food and beverage processing, metal manufacturing, mining and mineral processing, oil and gas refineries, electronic manufacturing, paper and pulp processing, petrochemicals, and utility. The today’s automotive manufacturing sector is highly advanced and comparatively efficient with noteworthy prospects of energy reduction through implementation of energy management and R&D automotive sector is the largest sector in terms of implementation of the IEMS solutions. While, the petrochemical sector is expected to show the highest growth rate during the five years forecast due to on-going crisis in the international market so as to reduce the consumption and expenses related to the energy. The main drivers for the market include increasing focus on energy saving and efficiency improvement and regulations and benefits. The services playing crucial role in system integration and contract consulting of manufacturing and engineering plants for energy star program.

The IEMS market is expected be $12,560.0 million in 2014 and forecasted to be $24,385.0 million by 2019 with a compound annual growth rate (CAGR) of 14.2% for 2014 to 2019.

Global IEMS Market Size, by Regions, 2014-2019 ($ Million)

Industrial Energy Management System Market

Sources: Related Research Publications, Government Publications, Company Press Releases, Company Annual Report, Company Websites, Company Publications, MarketsandMarkets Analysis

 

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Software and Services Markets on KnowledgeStore
Request Demo