The Europe Power Management System Market would witness market growth of 4.7% CAGR during the forecast period (2023-2030).
A power management system improves electricity by regulating the electrical system and switchgear by avoiding blackouts and other disruptions. These systems are in greater demand due to their great energy efficiency and low production costs. It is rapidly being used in homes and companies to track and reduce energy usage, which lowers electricity costs. Consequently, this is anticipated to accelerate market growth. Industries are placing a growing emphasis on cutting production costs without sacrificing quality. Additionally, these system implementation aids in lowering the operational budget for the industrial production cycle.
The market is expanding as a result of the increasing use of automatic power management systems to effectively control power generation and automate power saving. These systems are becoming increasingly prevalent due to their easy configuration and variety of operating modes. Additionally, cutting-edge power management systems' convenience and ease of maintenance are increasing their use.
The demand for smart meters across a wide range of end users, as well as investments in smart grid and smart building technology, are driving up energy efficiency throughout Europe at a rapid rate. In order to generate enough electricity to satisfy the increasing demand, renewable energy sources are being used. France is the second-biggest producer of biofuels and the greatest generator of hydroelectricity in terms of absolute numbers among the EU Member States. The market for power management systems is expected to grow as the use of renewable energy expands in the European nations.
The Germany market dominated the Europe Power Management System Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $499.2 million by 2030. The UK market is poised to grow at a CAGR of 3.9% during (2023 - 2030). Additionally, The France market would witness a CAGR of 5.5% during (2023 - 2030).
Based on Module, the market is segmented into Power Monitoring & Control, Generator Controls, Load Shedding & Management, Switching & Safety Management, Power Simulator, Energy Cost Accounting and Data Historian & Others. Based on Type, the market is segmented into Software, Hardware and Services. Based on Industry, the market is segmented into Oil & Gas, Marine, Metal & Mining, Chemical & Petrochemical, Paper & Pulp, Utilities, Data Center and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Power Management System Market is Projected to reach USD 8.1 Billion by 2030, at a CAGR of 5.2%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include ABB Group, General Electric Company, Siemens AG, Eaton Corporation PLC, Schneider Electric SE, Emerson Electric Co., Mitsubishi Electric Corporation, Rockwell Automation, Inc., Honeywell International, Inc., and Fuji Electric Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Module
- Power Monitoring & Control
- Generator Controls
- Load Shedding & Management
- Switching & Safety Management
- Power Simulator
- Energy Cost Accounting
- Data Historian & Others
By Type
- Software
- Hardware
- Services
By Industry
- Oil & Gas
- Marine
- Metal & Mining
- Chemical & Petrochemical
- Paper & Pulp
- Utilities
- Data Center
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- General Electric Company
- Siemens AG
- Eaton Corporation PLC
- Schneider Electric SE
- Emerson Electric Co.
- Mitsubishi Electric Corporation
- Rockwell Automation, Inc.
- Honeywell International, Inc.
- Fuji Electric Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Power Management System Market, by Module
1.4.2 Europe Power Management System Market, by Type
1.4.3 Europe Power Management System Market, by Industry
1.4.4 Europe Power Management System Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Mergers & Acquisition: 2020, Feb – 2022, Dec) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. Europe Power Management System Market by Module
5.1 Europe Power Monitoring & Control Market by Country
5.2 Europe Generator Controls Market by Country
5.3 Europe Load Shedding & Management Market by Country
5.4 Europe Switching & Safety Management Market by Country
5.5 Europe Power Simulator Market by Country
5.6 Europe Energy Cost Accounting Market by Country
5.7 Europe Data Historian & Others Market by Country
Chapter 6. Europe Power Management System Market by Type
6.1 Europe Software Market by Country
6.2 Europe Hardware Market by Country
6.3 Europe Services Market by Country
Chapter 7. Europe Power Management System Market by Industry
7.1 Europe Oil & Gas Market by Country
7.2 Europe Marine Market by Country
7.3 Europe Metal & Mining Market by Country
7.4 Europe Chemical & Petrochemical Market by Country
7.5 Europe Paper & Pulp Market by Country
7.6 Europe Utilities Market by Country
7.7 Europe Data Center Market by Country
7.8 Europe Others Market by Country
Chapter 8. Europe Power Management System Market by Country
8.1 Germany Power Management System Market
8.1.1 Germany Power Management System Market by Module
8.1.2 Germany Power Management System Market by Type
8.1.3 Germany Power Management System Market by Industry
8.2 UK Power Management System Market
8.2.1 UK Power Management System Market by Module
8.2.2 UK Power Management System Market by Type
8.2.3 UK Power Management System Market by Industry
8.3 France Power Management System Market
8.3.1 France Power Management System Market by Module
8.3.2 France Power Management System Market by Type
8.3.3 France Power Management System Market by Industry
8.4 Russia Power Management System Market
8.4.1 Russia Power Management System Market by Module
8.4.2 Russia Power Management System Market by Type
8.4.3 Russia Power Management System Market by Industry
8.5 Spain Power Management System Market
8.5.1 Spain Power Management System Market by Module
8.5.2 Spain Power Management System Market by Type
8.5.3 Spain Power Management System Market by Industry
8.6 Italy Power Management System Market
8.6.1 Italy Power Management System Market by Module
8.6.2 Italy Power Management System Market by Type
8.6.3 Italy Power Management System Market by Industry
8.7 Rest of Europe Power Management System Market
8.7.1 Rest of Europe Power Management System Market by Module
8.7.2 Rest of Europe Power Management System Market by Type
8.7.3 Rest of Europe Power Management System Market by Industry
Chapter 9. Company Profiles
9.1 ABB Group
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 Product Launches and Product Expansions:
9.1.5.2 Partnerships, Collaborations, and Agreements:
9.1.5.3 Acquisition and Mergers:
9.1.5.4 Geographical Expansions:
9.1.6 SWOT Analysis
9.2 General Electric Company
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 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Siemens AG
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 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.5.3 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Eaton Corporation PLC
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.4.6 SWOT Analysis
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 Product Launches and Product Expansions:
9.5.5.3 Geographical Expansions:
9.5.6 SWOT Analysis
9.6 Emerson Electric Co.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Mitsubishi Electric Corporation
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 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 Rockwell Automation, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Partnerships, Collaborations, and Agreements:
9.8.5.2 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Honeywell International, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. Fuji Electric Co. Ltd.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Product Launches and Product Expansions:
9.10.6 SWOT Analysis
TABLE 1 Europe Power Management System Market, 2019 - 2022, USD Million
TABLE 2 Europe Power Management System Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Power Management System Market
TABLE 4 Product Launches And Product Expansions– Power Management System Market
TABLE 5 Acquisition and Mergers– Power Management System Market
TABLE 6 Geographical Expansions– Power Management System Market
TABLE 7 Europe Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 8 Europe Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 9 Europe Power Monitoring & Control Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Power Monitoring & Control Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Generator Controls Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Generator Controls Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Load Shedding & Management Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Load Shedding & Management Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Switching & Safety Management Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Switching & Safety Management Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Power Simulator Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Power Simulator Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Energy Cost Accounting Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Energy Cost Accounting Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Data Historian & Others Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Data Historian & Others Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 24 Europe Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 25 Europe Software Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Software Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Hardware Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Hardware Market by Country, 2023 - 2030, USD Million
TABLE 29 Europe Services Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Services Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 32 Europe Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 33 Europe Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Marine Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe Marine Market by Country, 2023 - 2030, USD Million
TABLE 37 Europe Metal & Mining Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Metal & Mining Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Chemical & Petrochemical Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe Chemical & Petrochemical Market by Country, 2023 - 2030, USD Million
TABLE 41 Europe Paper & Pulp Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Paper & Pulp Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe Utilities Market by Country, 2019 - 2022, USD Million
TABLE 44 Europe Utilities Market by Country, 2023 - 2030, USD Million
TABLE 45 Europe Data Center Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Data Center Market by Country, 2023 - 2030, USD Million
TABLE 47 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 48 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 49 Europe Power Management System Market by Country, 2019 - 2022, USD Million
TABLE 50 Europe Power Management System Market by Country, 2023 - 2030, USD Million
TABLE 51 Germany Power Management System Market, 2019 - 2022, USD Million
TABLE 52 Germany Power Management System Market, 2023 - 2030, USD Million
TABLE 53 Germany Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 54 Germany Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 55 Germany Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 56 Germany Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 57 Germany Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 58 Germany Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 59 UK Power Management System Market, 2019 - 2022, USD Million
TABLE 60 UK Power Management System Market, 2023 - 2030, USD Million
TABLE 61 UK Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 62 UK Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 63 UK Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 64 UK Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 65 UK Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 66 UK Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 67 France Power Management System Market, 2019 - 2022, USD Million
TABLE 68 France Power Management System Market, 2023 - 2030, USD Million
TABLE 69 France Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 70 France Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 71 France Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 72 France Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 73 France Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 74 France Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 75 Russia Power Management System Market, 2019 - 2022, USD Million
TABLE 76 Russia Power Management System Market, 2023 - 2030, USD Million
TABLE 77 Russia Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 78 Russia Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 79 Russia Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 80 Russia Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 81 Russia Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 82 Russia Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 83 Spain Power Management System Market, 2019 - 2022, USD Million
TABLE 84 Spain Power Management System Market, 2023 - 2030, USD Million
TABLE 85 Spain Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 86 Spain Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 87 Spain Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 88 Spain Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 89 Spain Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 90 Spain Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 91 Italy Power Management System Market, 2019 - 2022, USD Million
TABLE 92 Italy Power Management System Market, 2023 - 2030, USD Million
TABLE 93 Italy Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 94 Italy Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 95 Italy Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 96 Italy Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 97 Italy Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 98 Italy Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 99 Rest of Europe Power Management System Market, 2019 - 2022, USD Million
TABLE 100 Rest of Europe Power Management System Market, 2023 - 2030, USD Million
TABLE 101 Rest of Europe Power Management System Market by Module, 2019 - 2022, USD Million
TABLE 102 Rest of Europe Power Management System Market by Module, 2023 - 2030, USD Million
TABLE 103 Rest of Europe Power Management System Market by Type, 2019 - 2022, USD Million
TABLE 104 Rest of Europe Power Management System Market by Type, 2023 - 2030, USD Million
TABLE 105 Rest of Europe Power Management System Market by Industry, 2019 - 2022, USD Million
TABLE 106 Rest of Europe Power Management System Market by Industry, 2023 - 2030, USD Million
TABLE 107 Key Information – ABB Group
TABLE 108 Key Information – General Electric Company
TABLE 109 Key Information – Siemens AG
TABLE 110 key information – Eaton Corporation PLC
TABLE 111 Key information – Schneider Electric SE
TABLE 112 Key Information – Emerson Electric Co.
TABLE 113 key Information – Mitsubishi Electric Corporation
TABLE 114 Key Information – Rockwell Automation, Inc.
TABLE 115 Key Information – Honeywell International, Inc.
TABLE 116 Key Information – Fuji Electric Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Power Management System Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Power Management System Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Mergers & Acquisition: 2020, Feb – 2022, Dec) Leading Players
FIG 8 Porter’s Five Forces Analysis - Power Management System Market
FIG 9 Europe Power Management System Market share by Module, 2022
FIG 10 Europe Power Management System Market share by Module, 2030
FIG 11 Europe Power Management System Market by Module, 2019 - 2030, USD Million
FIG 12 Europe Power Management System Market share by Type, 2022
FIG 13 Europe Power Management System Market share by Type, 2030
FIG 14 Europe Power Management System Market by Type, 2019 - 2030, USD Million
FIG 15 Europe Power Management System Market share by Industry, 2022
FIG 16 Europe Power Management System Market share by Industry, 2030
FIG 17 Europe Power Management System Market by Industry, 2019 - 2030, USD Million
FIG 18 Europe Power Management System Market share by Country, 2022
FIG 19 Europe Power Management System Market share by Country, 2030
FIG 20 Europe Power Management System Market by Country, 2019 - 2030, USD Million
FIG 21 Recent strategies and developments: ABB Group
FIG 22 SWOT Analysis: ABB Group
FIG 23 Recent strategies and developments: General Electric Company
FIG 24 SWOT Analysis: General electric (GE) Co.
FIG 25 Recent strategies and developments: Siemens AG
FIG 26 SWOT Analysis: Siemens AG
FIG 27 Recent strategies and developments: Eaton Corporation PLC
FIG 28 SWOT Analysis: Eaton Corporation PLC
FIG 29 Recent strategies and developments: Schneider Electric SE
FIG 30 SWOT Analysis: Schneider Electric SE
FIG 31 Recent strategies and developments: Emerson Electric Co.
FIG 32 Swot analysis: Emerson Electric CO.
FIG 33 SWOT Analysis: Mitsubishi Electric Corporation
FIG 34 Recent strategies and developments: Rockwell Automation, Inc.
FIG 35 SWOT Analysis: Rockwell Automation, Inc.
FIG 36 Recent strategies and developments: Honeywell International, Inc.
FIG 37 Swot analysis: Honeywell international, inc.
FIG 38 SWOT Analysis: Fuji Electric Co., Ltd.