North America Energy Management Systems Market Forecast 2022-2030
KEY FINDINGS
The North America energy management systems market is anticipated to grow with a CAGR of 15.88% across the forecast years of 2022 to 2030. The market growth of the region is determined by government authorities’ focus on energy efficiency, the growing adoption of smart grids as well as smart meters, and the rise in commercial, industrial, and residential infrastructure.
MARKET INSIGHTS
The North America energy management systems market growth evaluation covers the study of the United States and Canada. In 2021, Canada had 168 clean technology projects valued at $92.1 billion. Moreover, the Canada Green Building Council works towards advancing green buildings as well as community development sustainable practices in the country. The Leadership in Energy and Environmental Design (LEED) entails a third-party certification program for the design, construction, and operation of high-performance green buildings. LEED also provides owners with tools and solutions required for the improvement of their building’s energy performance.
In addition, Canada significantly invests in the development, design, and research of buildings for high-performance retrofits, as well. In this regard, according to industry sources, energy efficiency measures helped the country’s citizens save $44.4 billion in the year 2017. Furthermore, Canada also has several opportunities to become a global leader through the promotion of innovative technologies within the power and energy sector, including clean technology. Hence, these factors are anticipated to propel the energy management systems market growth in North America over the forecasted years.
COMPETITIVE INSIGHTS
Key companies operating in the market are Honeywell International Inc, IBM Corporation, Cisco Systems Inc, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Scope Of Study
- 1.3. Methodology
- 1.4. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Global Energy Concerns
- 3.1.2. Rising Investments In Energy Efficiency
- 3.1.3. Growing Industrial And Residential Infrastructure
- 3.2. Key Restraints
- 3.2.1. High Initial Cost Of Deployment
- 3.2.2. Lack Of Skilled Workforce
- 4. Key Analytics
- 4.1. Impact Of Covid-19 On Energy Management Systems Market
- 4.2. Key Market Trends
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Buyers Power
- 4.3.2. Suppliers Power
- 4.3.3. Substitution
- 4.3.4. New Entrants
- 4.3.5. Industry Rivalry
- 4.4. Opportunity Matrix
- 4.5. Vendor Landscape
- 4.6. Key Buying Criteria
- 4.6.1. Performance
- 4.6.2. Service
- 4.6.3. Return On Investment
- 4.7. Regulatory Framework
- 5. Market By Product Type
- 5.1. Industrial Ems
- 5.2. Building Ems
- 5.3. Home Ems
- 6. Market By Component
- 6.1. Hardware
- 6.1.1. Sensors
- 6.1.2. Actuators
- 6.1.3. Controllers
- 6.1.4. Thermostats
- 6.1.5. Other Hardware Components
- 6.2. Software
- 6.3. Services
- 6.3.1. Monitoring & Control
- 6.3.2. Implementation & Integration
- 6.3.3. Maintenance
- 6.3.4. Consulting & Training
- 7. Market By Vertical
- 7.1. Power & Energy
- 7.2. Telecom & It
- 7.3. Manufacturing
- 7.4. Retail & Offices
- 7.5. Healthcare
- 7.6. Other Verticals
- 8. Geographical Analysis
- 8.1. North America
- 8.1.1. Market Size & Estimates
- 8.1.2. Key Growth Enablers
- 8.1.3. Key Challenges
- 8.1.4. Key Players
- 8.1.5. Country Analysis
- 8.1.5.1. United States
- 8.1.5.2. Canada
- 9. Competitive Landscape
- 9.1. Key Strategic Developments
- 9.1.1. Mergers & Acquisitions
- 9.1.2. Product Launches & Developments
- 9.1.3. Partnerships & Agreements
- 9.1.4. Business Expansions & Divestitures
- 9.2. Company Profiles
- 9.2.1. Broadcom
- 9.2.2. C3.Ai
- 9.2.3. Cisco Systems
- 9.2.4. Dexma
- 9.2.5. Eaton
- 9.2.6. Emerson
- 9.2.7. Enel X
- 9.2.8. Energy Hub
- 9.2.9. General Electric Company
- 9.2.10. Gridpoint
- 9.2.11. Honeywell International Inc
- 9.2.12. Ibm Corporation
- 9.2.13. Johnson Controls
- 9.2.14. Rockwell Automation Inc
- 9.2.15. Schneider Electric
- 9.2.16. Siemens
- 9.2.17. Uplight
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