Top Companies in Energy Management Systems Market | Energy Management Top Companies In-depth Analysis by Vantage Market Research
The Energy Management Systems is witnessing considerable growth during the forecast period due to the increasing awareness and the benefits of executing Energy Management Systems solutions across industries and residential and commercial properties.
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MARKET OVERVIEW
Global Energy Management Systems Market is valued at USD 36.4 Billion in the year 2021 and is expected to reach a value of USD 87.7 Billion by the year 2028. The Global Market is forecasted to grow to exhibit a Compound Annual Growth Rate (CAGR) of 15.8% over the forecast period. An Energy Management System (EMS) is a device of computer-aided gear utilized by operators of electrical software grids to monitor, control, and optimize the overall performance of the technology or transmission device. It may be utilized in small-scale structures which include microgrids. It is one of the rising technologies that permit a company to accumulate real-time statistics on electricity use via monitoring, assessing, and visualizing electricity intake. This idea is now no longer the simplest video display unit’s electricity intake but additionally enables making facts-pushed selections and beautifying enterprise-stage operation & economic selections.
Energy control systems have received a reputation seeing that they assist advantage aggressive advantage, boom productivity, and decrease electricity cost. In addition, the authority’s guidelines closer to electricity conservation & the restrained availability of fossils is drawing the interest of the corporate.
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Some of the key players operating in the Energy Management Systems Market are listed below:
|
Company Name |
Revenue in USD |
|
$70 Billion |
|
$3 Billion |
|
$212 Million |
|
$11 Billion |
|
$74 Billion |
|
$10 Million |
|
$34 Billion |
|
$24 Billion |
|
$30 Billion |
|
$18 Million |
Siemens AG (Siemens) is a technology company. Its operations span electrification, automation, and digitalization fields. The company design, develops, and manufacture products, and installs complex systems and projects. It also provides a wide range of customized solutions for individual requirements. Siemens focuses on power generation and distribution, and intelligent infrastructure for buildings and distributed energy systems. It provides smart mobility solutions for rail and road transport, medical technology, and digital healthcare services. It was founded in 1966 and its headquarter in Germany.
Yokogawa is a leading provider of Industrial Automation and Test and Measurement solutions. Combining superior technology with engineering services, project management, and maintenance, Yokogawa delivers field-proven operational efficiency, safety, quality, and reliability. It was founded in 1915 and its headquarter is in Tokyo, Japan.
C3 energy (NYSE: AI) is an AI software provider that delivers the C3 energy Suite for developing, deploying, and operating large-scale AI, predictive analytics, and applications at scale for any enterprise value chain in any industry. The core of the energy offering is a model-driven AI architecture that enhances data science and application development. C3 energy pre-built applications, for a variety of industries, include predictive maintenance, fraud detection, supply network optimization, energy management, and anti-money laundering. It was founded in 2009 and its headquarter is in California.
Delta Electronics Inc. manufactures power supplies and video display products. The Company's products include switching power supplies, telecom power systems, uninterrupted power supply (UPS), variable speed alternating current (AC) monitor drives, high-resolution color monitors, and projectors. Delta also manufactures magnetic and networking components.
General Electric (GE), in full General Electric Company, major American corporation and one of the largest and most diversified corporations in the world. Its products include electrical and electronic equipment, aircraft engines, and financial services. The company was incorporated in 1892, acquiring all the assets of the Edison General Electric Company and two other electrical companies. Edison General had been founded as the Edison Electric Light Company in 1878 by Thomas Alva Edison to market his incandescent lamp and other later products.
Developed a data-driven platform designed to provide smart building and grid software services. The company's platform provides data-driven energy management technology that leverages the power of real-time data collection, big data analytics, and cloud computing to maximize energy savings, thereby enabling businesses to optimize energy and sustainability goals.
Honeywell International Inc. (Honeywell) is an engineering and technology company. The company invents and manufactures technologies that address challenges in various sectors including energy, security, safety, productivity, and global urbanization. Honeywell offers energy-efficient products and solutions, specialty chemicals, process technologies, electronic and advanced materials, productivity, sensing, safety and security technologies, spare parts, management, and technical services, repair, overhaul, and maintenance services. Honeywell serves customers in the aerospace, refining, and petrochemicals, buildings, and industries in North America, Europe, and other regions. It has manufacturing and other facilities across the world. Honeywell is headquartered in Charlotte, North Carolina, the US.
Johnson Controls is a global diversified technology and multi-industrial leader serving a wide range of customers in more than 150 countries. The commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. There are committed to helping customers win everywhere, every day, and creating greater value for all of the stakeholders through our strategic focus on buildings.
Schneider's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. It believes access to energy and digital is a basic human right. The generation is facing a tectonic shift in energy transition and an industrial revolution catalyzed by accelerated digitization in a more electric world. Electricity is the most efficient and best vector for decarburization; combined with a circular economy approach, it will achieve a climate-positive impact as part of the United Nations Sustainable Development Goals.
Developed an energy management platform designed to monitor consumption and measurement of electricity savings. The company's platform provides personalized savings recommendations based on actual energy bills, analyze usage patterns as well as inefficiencies, and detects anomalies in real-time while reducing carbon emissions, enabling property managers and energy services providers to optimize consumption in a sustainable. It was founded in 2007.
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