The Asia Pacific Energy Management Systems Market would witness market growth of 16.4% CAGR during the forecast period (2022-2028).
Homes, industries, and businesses have been rapidly embracing energy management solutions as a result of government restrictions, cost savings, and optimizing their energy consumption. The main component of EMS measurement, software application, and communication aid in cost reduction. Buildings waste a significant amount of their energy, which may be saved with the assistance of EMS.
The growing emphasis on topics like energy management, optimizing the use of renewable energy sources, and lowering carbon footprint and greenhouse gas emissions are driving demand for EMS. Cloud services efficiently reduce software development and maintenance operational costs and direct monetary expenditures, time costs, and wasted resources toward sustaining in-house IT specialists and infrastructure for collecting, storing, and analyzing energy data. The cloud services trend is majorly driving the market growth.
Structural changes in the Vietnamese economy compelled the government to include a reduction in energy consumption per unit of GDP as one of the national Sustainable Development Strategy's economic targets for 2011-2020, as the country remained the most energy-consuming economy in East Asia, trailing only China, Thailand, Indonesia, Malaysia, and the Philippines. Moreover, various initiatives that are being taken by major market players across the region are also increasing the deployment of energy management systems. For instance, the Asian Development Bank approved a USD 250 million loans to EESL in November 2019 as part of an assistance package to help the company grow its energy efficiency initiatives in India. According to the Turkish energy and natural resources ministry, Turkey's public and private sectors have joined forces to invest over USD 10 billion in energy efficiency over the next ten years. Until 2033, the investment is estimated to create savings of USD 30 billion.
The China market dominated the Asia Pacific Energy Management Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $9.2 billion by 2028. The Japan market is estimated to grow at a CAGR of 15.7% during (2022 - 2028). Additionally, The India market would display a CAGR of 17.1% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Type, the market is segmented into Industrial, Building, and Home. Based on Application, the market is segmented into Commercial and Residential. Based on End User, the market is segmented into Energy & Utilities, IT & Telecom, Manufacturing, Retail, Healthcare & Life Sciences, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Energy Management Systems Market is Projected to reach USD 107.1 Billion by 2028, at a CAGR of 15.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co., Siemens AG, Yokogawa Electric Corporation, Honeywell International, Inc., Schneider Electric SE, DEXMA Sensors, SL, Delta Electronics, Inc., Johnson Controls International PLC, C3.ai, Inc., and GridPoint, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Type
By Application
By End User
- Energy & Utilities
- IT & Telecom
- Manufacturing
- Retail
- Healthcare & Life Sciences
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- General Electric (GE) Co.
- Siemens AG
- Yokogawa Electric Corporation
- Honeywell International, Inc.
- Schneider Electric SE
- DEXMA Sensors, SL
- Delta Electronics, Inc.
- Johnson Controls International PLC
- C3.ai, Inc.
- GridPoint, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Energy Management Systems Market, by Component
1.4.2 Asia Pacific Energy Management Systems Market, by Type
1.4.3 Asia Pacific Energy Management Systems Market, by Application
1.4.4 Asia Pacific Energy Management Systems Market, by End User
1.4.5 Asia Pacific Energy Management Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Acquisition and Mergers
3.2.3 Product Launches and Product Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisitions and Mergers: 2019, Nov – 2022, Jan) Leading Players
Chapter 4. Asia Pacific Energy Management Systems Market by Component
4.1 Asia Pacific Solution Market by Country
4.2 Asia Pacific Services Market by Country
Chapter 5. Asia Pacific Energy Management Systems Market by Type
5.1 Asia Pacific Industrial Market by Country
5.2 Asia Pacific Building Market by Country
5.3 Asia Pacific Home Market by Country
Chapter 6. Asia Pacific Energy Management Systems Market by Application
6.1 Asia Pacific Commercial Market by Country
6.2 Asia Pacific Residential Market by Country
Chapter 7. Asia Pacific Energy Management Systems Market by End User
7.1 Asia Pacific Energy & Utilities Market by Country
7.2 Asia Pacific IT & Telecom Market by Country
7.3 Asia Pacific Manufacturing Market by Country
7.4 Asia Pacific Retail Market by Country
7.5 Asia Pacific Healthcare & Life Sciences Market by Country
7.6 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Energy Management Systems Market by Country
8.1 China Energy Management Systems Market
8.1.1 China Energy Management Systems Market by Component
8.1.2 China Energy Management Systems Market by Type
8.1.3 China Energy Management Systems Market by Application
8.1.4 China Energy Management Systems Market by End User
8.2 Japan Energy Management Systems Market
8.2.1 Japan Energy Management Systems Market by Component
8.2.2 Japan Energy Management Systems Market by Type
8.2.3 Japan Energy Management Systems Market by Application
8.2.4 Japan Energy Management Systems Market by End User
8.3 India Energy Management Systems Market
8.3.1 India Energy Management Systems Market by Component
8.3.2 India Energy Management Systems Market by Type
8.3.3 India Energy Management Systems Market by Application
8.3.4 India Energy Management Systems Market by End User
8.4 South Korea Energy Management Systems Market
8.4.1 South Korea Energy Management Systems Market by Component
8.4.2 South Korea Energy Management Systems Market by Type
8.4.3 South Korea Energy Management Systems Market by Application
8.4.4 South Korea Energy Management Systems Market by End User
8.5 Singapore Energy Management Systems Market
8.5.1 Singapore Energy Management Systems Market by Component
8.5.2 Singapore Energy Management Systems Market by Type
8.5.3 Singapore Energy Management Systems Market by Application
8.5.4 Singapore Energy Management Systems Market by End User
8.6 Malaysia Energy Management Systems Market
8.6.1 Malaysia Energy Management Systems Market by Component
8.6.2 Malaysia Energy Management Systems Market by Type
8.6.3 Malaysia Energy Management Systems Market by Application
8.6.4 Malaysia Energy Management Systems Market by End User
8.7 Rest of Asia Pacific Energy Management Systems Market
8.7.1 Rest of Asia Pacific Energy Management Systems Market by Component
8.7.2 Rest of Asia Pacific Energy Management Systems Market by Type
8.7.3 Rest of Asia Pacific Energy Management Systems Market by Application
8.7.4 Rest of Asia Pacific Energy Management Systems Market by End User
Chapter 9. Company Profiles
9.1 General Electric (GE) Co.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Acquisitions and Mergers:
9.2 Siemens AG
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisitions and Mergers:
9.3 Yokogawa Electric Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisitions and Mergers:
9.4 Honeywell International, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Acquisitions and Mergers:
9.4.5.2 Partnerships, Collaborations, and Agreements:
9.5 Schneider Electric SE
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental And Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisitions and Mergers:
9.5.5.3 Product Launches and Product Expansions:
9.6 DEXMA Sensors, SL (Nemetschek Group)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.7 Delta Electronics, Inc. (Vivitek)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.8 Johnson Controls International PLC
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisitions and Mergers:
9.8.5.2 Product Launches and Product Expansions:
9.9 C3.ai, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.10. GridPoint, Inc.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Energy Management Systems Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Energy Management Systems Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Energy Management Systems Market
TABLE 4 Acquisition and Mergers – Energy Management Systems Market
TABLE 5 Product Launches and Product Expansions – Energy Management Systems Market
TABLE 6 Asia Pacific Energy Management Systems Market by Component, 2018 - 2021, USD Million
TABLE 7 Asia Pacific Energy Management Systems Market by Component, 2022 - 2028, USD Million
TABLE 8 Asia Pacific Solution Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Solution Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Energy Management Systems Market by Type, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Energy Management Systems Market by Type, 2022 - 2028, USD Million
TABLE 14 Asia Pacific Industrial Market by Country, 2018 - 2021, USD Million
TABLE 15 Asia Pacific Industrial Market by Country, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Building Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Building Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific Home Market by Country, 2018 - 2021, USD Million
TABLE 19 Asia Pacific Home Market by Country, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Energy Management Systems Market by Application, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Energy Management Systems Market by Application, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Commercial Market by Country, 2018 - 2021, USD Million
TABLE 23 Asia Pacific Commercial Market by Country, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Residential Market by Country, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Residential Market by Country, 2022 - 2028, USD Million
TABLE 26 Asia Pacific Energy Management Systems Market by End User, 2018 - 2021, USD Million
TABLE 27 Asia Pacific Energy Management Systems Market by End User, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 30 Asia Pacific IT & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 31 Asia Pacific IT & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 32 Asia Pacific Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 33 Asia Pacific Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 34 Asia Pacific Retail Market by Country, 2018 - 2021, USD Million
TABLE 35 Asia Pacific Retail Market by Country, 2022 - 2028, USD Million
TABLE 36 Asia Pacific Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 37 Asia Pacific Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 38 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 39 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 40 Asia Pacific Energy Management Systems Market by Country, 2018 - 2021, USD Million
TABLE 41 Asia Pacific Energy Management Systems Market by Country, 2022 - 2028, USD Million
TABLE 42 China Energy Management Systems Market, 2018 - 2021, USD Million
TABLE 43 China Energy Management Systems Market, 2022 - 2028, USD Million
TABLE 44 China Energy Management Systems Market by Component, 2018 - 2021, USD Million
TABLE 45 China Energy Management Systems Market by Component, 2022 - 2028, USD Million
TABLE 46 China Energy Management Systems Market by Type, 2018 - 2021, USD Million
TABLE 47 China Energy Management Systems Market by Type, 2022 - 2028, USD Million
TABLE 48 China Energy Management Systems Market by Application, 2018 - 2021, USD Million
TABLE 49 China Energy Management Systems Market by Application, 2022 - 2028, USD Million
TABLE 50 China Energy Management Systems Market by End User, 2018 - 2021, USD Million
TABLE 51 China Energy Management Systems Market by End User, 2022 - 2028, USD Million
TABLE 52 Japan Energy Management Systems Market, 2018 - 2021, USD Million
TABLE 53 Japan Energy Management Systems Market, 2022 - 2028, USD Million
TABLE 54 Japan Energy Management Systems Market by Component, 2018 - 2021, USD Million
TABLE 55 Japan Energy Management Systems Market by Component, 2022 - 2028, USD Million
TABLE 56 Japan Energy Management Systems Market by Type, 2018 - 2021, USD Million
TABLE 57 Japan Energy Management Systems Market by Type, 2022 - 2028, USD Million
TABLE 58 Japan Energy Management Systems Market by Application, 2018 - 2021, USD Million
TABLE 59 Japan Energy Management Systems Market by Application, 2022 - 2028, USD Million
TABLE 60 Japan Energy Management Systems Market by End User, 2018 - 2021, USD Million
TABLE 61 Japan Energy Management Systems Market by End User, 2022 - 2028, USD Million
TABLE 62 India Energy Management Systems Market, 2018 - 2021, USD Million
TABLE 63 India Energy Management Systems Market, 2022 - 2028, USD Million
TABLE 64 India Energy Management Systems Market by Component, 2018 - 2021, USD Million
TABLE 65 India Energy Management Systems Market by Component, 2022 - 2028, USD Million
TABLE 66 India Energy Management Systems Market by Type, 2018 - 2021, USD Million
TABLE 67 India Energy Management Systems Market by Type, 2022 - 2028, USD Million
TABLE 68 India Energy Management Systems Market by Application, 2018 - 2021, USD Million
TABLE 69 India Energy Management Systems Market by Application, 2022 - 2028, USD Million
TABLE 70 India Energy Management Systems Market by End User, 2018 - 2021, USD Million
TABLE 71 India Energy Management Systems Market by End User, 2022 - 2028, USD Million
TABLE 72 South Korea Energy Management Systems Market, 2018 - 2021, USD Million
TABLE 73 South Korea Energy Management Systems Market, 2022 - 2028, USD Million
TABLE 74 South Korea Energy Management Systems Market by Component, 2018 - 2021, USD Million
TABLE 75 South Korea Energy Management Systems Market by Component, 2022 - 2028, USD Million
TABLE 76 South Korea Energy Management Systems Market by Type, 2018 - 2021, USD Million
TABLE 77 South Korea Energy Management Systems Market by Type, 2022 - 2028, USD Million
TABLE 78 South Korea Energy Management Systems Market by Application, 2018 - 2021, USD Million
TABLE 79 South Korea Energy Management Systems Market by Application, 2022 - 2028, USD Million
TABLE 80 South Korea Energy Management Systems Market by End User, 2018 - 2021, USD Million
TABLE 81 South Korea Energy Management Systems Market by End User, 2022 - 2028, USD Million
TABLE 82 Singapore Energy Management Systems Market, 2018 - 2021, USD Million
TABLE 83 Singapore Energy Management Systems Market, 2022 - 2028, USD Million
TABLE 84 Singapore Energy Management Systems Market by Component, 2018 - 2021, USD Million
TABLE 85 Singapore Energy Management Systems Market by Component, 2022 - 2028, USD Million
TABLE 86 Singapore Energy Management Systems Market by Type, 2018 - 2021, USD Million
TABLE 87 Singapore Energy Management Systems Market by Type, 2022 - 2028, USD Million
TABLE 88 Singapore Energy Management Systems Market by Application, 2018 - 2021, USD Million
TABLE 89 Singapore Energy Management Systems Market by Application, 2022 - 2028, USD Million
TABLE 90 Singapore Energy Management Systems Market by End User, 2018 - 2021, USD Million
TABLE 91 Singapore Energy Management Systems Market by End User, 2022 - 2028, USD Million
TABLE 92 Malaysia Energy Management Systems Market, 2018 - 2021, USD Million
TABLE 93 Malaysia Energy Management Systems Market, 2022 - 2028, USD Million
TABLE 94 Malaysia Energy Management Systems Market by Component, 2018 - 2021, USD Million
TABLE 95 Malaysia Energy Management Systems Market by Component, 2022 - 2028, USD Million
TABLE 96 Malaysia Energy Management Systems Market by Type, 2018 - 2021, USD Million
TABLE 97 Malaysia Energy Management Systems Market by Type, 2022 - 2028, USD Million
TABLE 98 Malaysia Energy Management Systems Market by Application, 2018 - 2021, USD Million
TABLE 99 Malaysia Energy Management Systems Market by Application, 2022 - 2028, USD Million
TABLE 100 Malaysia Energy Management Systems Market by End User, 2018 - 2021, USD Million
TABLE 101 Malaysia Energy Management Systems Market by End User, 2022 - 2028, USD Million
TABLE 102 Rest of Asia Pacific Energy Management Systems Market, 2018 - 2021, USD Million
TABLE 103 Rest of Asia Pacific Energy Management Systems Market, 2022 - 2028, USD Million
TABLE 104 Rest of Asia Pacific Energy Management Systems Market by Component, 2018 - 2021, USD Million
TABLE 105 Rest of Asia Pacific Energy Management Systems Market by Component, 2022 - 2028, USD Million
TABLE 106 Rest of Asia Pacific Energy Management Systems Market by Type, 2018 - 2021, USD Million
TABLE 107 Rest of Asia Pacific Energy Management Systems Market by Type, 2022 - 2028, USD Million
TABLE 108 Rest of Asia Pacific Energy Management Systems Market by Application, 2018 - 2021, USD Million
TABLE 109 Rest of Asia Pacific Energy Management Systems Market by Application, 2022 - 2028, USD Million
TABLE 110 Rest of Asia Pacific Energy Management Systems Market by End User, 2018 - 2021, USD Million
TABLE 111 Rest of Asia Pacific Energy Management Systems Market by End User, 2022 - 2028, USD Million
TABLE 112 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 113 Key Information – Siemens AG
TABLE 114 Key Information – Yokogawa Electric Corporation
TABLE 115 Key Information – Honeywell International, Inc.
TABLE 116 Key Information – SCHNEIDER ELECTRIC SE
TABLE 117 Key Information – DEXMA Sensors, SL
TABLE 118 Key Information – Delta Electronics, Inc.
TABLE 119 Key Information – JOHNSON CONTROLS INTERNATIONAL PLC
TABLE 120 Key Information – C3.ai, Inc.
TABLE 121 Key Information – GridPoint, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Acquisitions and Mergers: 2019, Nov – 2022, Jan) Leading Players
FIG 5 Recent strategies and developments: Siemens AG
FIG 6 Recent strategies and developments: Honeywell International, Inc.
FIG 7 Recent strategies and developments: Schneider Electric SE
FIG 8 Recent strategies and developments: Johnson Controls International PLC