Global Energy Management at Workplace Market, By Offering (System, and Service), Component (Sensor, Controller, Software, Others), Service (Monitoring and Control, Implementation and Integration, Maintenance, Consulting and Training), Type (Home Energy Management System, Building Energy Management System, Industrial Energy Management System), End User (Residential, and Commercial), Vertical (Power and Energy, Telecom and IT, Manufacturing, Enterprise, Healthcare, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Energy Management at Workplace Market
The energy management at workplace market is expected to witness market growth at a rate of 12.50% in the forecast period of 2021 to 2028. Data Bridge Market Research report on energy management at workplace market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications globally is escalating the growth of energy management at workplace market.
Energy management refers to the planning and operation of energy production and energy consumption units along with energy distribution and storage. Objectives include climate protection, cost savings and resource conservation, while the users possess permanent access to the energy they need. The management is connected closely to production management, and environmental management, among established business functions.
The increase in the mandatory regulations and policies across the globe acts as one of the major factors driving the growth of energy management at workplace market. The rise in awareness about the energy management systems owing to various benefits associated with it, and growing demand and usage of energy management systems because of growth of well-organized healthcare and retail sector accelerate the market growth. The increase in energy consumption of various equipment, machinery along with tools contributing towards significant energy consumption of the plant, and rise in inclination towards corporate responsibility and brand image further influence the market. Additionally, price volatility, urbanization and digitization, rise in awareness about carbon footprint management and high focus on towards corporate responsibility and brand image positively affect the energy management at workplace market. Furthermore, integration of energy management systems with smart devices, and exemption from energy and carbon tax policies for the commercial and industrial sector extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, high initial cost of deployment and lack of financial resources are expected to obstruct the market growth. Long period of return on investment for energy-intensive industries and non-standardized guidelines are projected to challenge the energy management at workplace market in the forecast period of 2021-2028.
This energy management at workplace market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info energy management at workplace market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Energy Management at Workplace Market Scope and Market Size
The energy management at workplace market is segmented on the basis of offering, component, service, type end user and vertical. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of band, the energy management at workplace market is segmented into system, and service.
- On the basis of component, the energy management at workplace market is segmented into sensor, controller, software and others.
- On the basis of service, the energy management at workplace market is segmented into monitoring and control, implementation and integration, maintenance, and consulting and training.
- On the basis of type, the energy management at workplace market is segmented into home energy management system, building energy management system, and industrial energy management system.
- On the basis of end user, the energy management at workplace market is segmented into residential, and commercial.
- On the basis of vertical, the energy management at workplace market is segmented into power and energy, telecom and IT, manufacturing, enterprise, healthcare and others.
Energy Management at Workplace Market Country Level Analysis
The energy management at workplace market is analysed and market size, volume information is provided by country, offering, component, service, type end user and vertical as referenced above.
The countries covered in the energy management at workplace market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the energy management at workplace market due to the high demand for energy optimization and carbon management within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the government’s initiative towards improving the manufacturing capabilities in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Energy Management at Workplace Market Share Analysis
The energy management at workplace market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to energy management at workplace market.
The major players covered in the energy management at workplace market report are Accenture, IBM Corporation, HCL Technologies Limited, SAP SE, Cisco Systems, Inc., Oracle Corporation, Capgemini, Tata Consultancy Services Limited, Hewlett Packard Enterprise Development LP, Microsoft, Brillio, DLT Solutions, Kamatera, Salesforce Cloud, Salesforce Cloud, and Verizon Cloud., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-