The energy management system market has witnessed significant growth over the forecast period due to rising inclination towards energy efficiencies, energy price volatility and rise in awareness about carbon footprint management. There are several domestic, regional, and global players operating in the energy management system market who continuously strive to gain a significant share of the overall market. During the study, MRFR has analyzed some of the major players in the Energy management system market who have contributed to the market growth. These include C3 energy, Delta Electronics Inc, Dexma, General electric company, Gridpoint inc, .
Honeywell international inc, Johnson controls international plc, Schneider electric SE, Siemens AG, Yokogawa electric corporation, Mitsubishi Electric Corporation, ABB Ltd, Cisco System Inc., IBM Corporation, CA Technologies, Eaton Corporation, and Rockwell Automation.
Among these, General Electric, Eaton, Schneider Electric, Honeywell international inc, Siemens AG , and Mitsubishi Electric Corporation are among the top 5 players in Energy management system market. These players focus on expanding and enhancing their product portfolio and services to remain competitive and increase their customer base. Additionally, these players are focusing on partnerships & collaborations to expand their business and customer base to enhance their market position.
General Electric focuses on R&D within all its product lines and services for control systems to improve its global market share. It designed its Entellisys low voltage switchgear solution, which provides advanced protection and control for hospitals and airports, corporate data centers, oil and gas plants, manufacturing centers, and wastewater treatment plants.
Eaton holds broad industrial expertise with a wide customer base worldwide. The company aims to improve the quality of life with a sustainable environment as its long-term vision. For this reason, Eaton carefully develops its product portfolio, considering customers' insights and the challenges they face in their day-to-day business operations. Additionally, the company aims to improve safety, reliability, efficiency, and sustainability in ways that matter to employees, customers, shareholders, and the communities it deals with.
Schneider is focused on achieving organic growth by providing world-class services and software. The company plans to accelerate the growth of its profitable businesses by improving its systems and equipment. Digitization forms the core of the company’s key strategy; it aims to support the digital transformation for its customers and strategic partners. It strategizes to invest in research & development to modernize its existing facilities in key industries to maintain its market position.
The key strategy of Honeywell is aimed at organic growth. The company constantly focuses on innovations and R&D to ensure a strong market presence and product portfolio. It is also focused on tapping into new regional markets and segments. The company aims to expand its regional presence and customer base through collaborations and partnerships.
Siemens is continuously expanding its product portfolio with significant investments in R&D. The company is focused on enhancing its service offerings and expanding its global presence through mergers & acquisitions to strengthen its expertise in technology. These strategic acquisitions also help Siemens to strengthen its presence in the competitive market. Currently, the company aims at expanding its business in China; however, it faces strict government rules and regulations.
Mitsubishi Electric focuses on an organic growth strategy. It aims to accelerate the growth of its core businesses through global expansion, continuous innovation, and creating strong business relationships. The company constantly reviews and refreshes its product portfolio to offer its partners and customers state-of-the-art services. It also plans to resolve energy and resource issues through its products, systems, and services to maintain a strong brand name.
C3 ENERGY: C3 is an AI software supplier that offers the C3 AI Suite for creating, implementing, and running large-scale AI, predictive analytics, and IoT applications for any enterprise value chain in any sector. A framework for model-driven AI that improves data science and application development forms the basis of the C3.ai solution. Predictive maintenance, fraud detection, supply network optimization, energy management, and anti-money laundering are just a few of the pre-built applications from C3.ai that are suitable for a range of sectors. Some of the biggest organizations in the world, such as Shell, Bank of America, the U.S.
Air Force, Koch Industries, ENGIE, and others, employ C3 AI software to find significant solutions to previously intractable issues. C3 AI Energy Management empowers sustainability, facilities, and operations managers to achieve targets for energy cost, GHG emissions, water consumption, and waste reduction.
Delta Electronics, Inc: Delta Electronics, Inc has three business segments: Power electronics, automation, and infrastructure. The Power Electronics segment provides inductors, transformers, networking products, EMI filters, solenoids, and current sensing resistors for mobile devices, automotive electronics, cloud computing, and other applications. It also provides switching power supplies, modules, external and embedded power, industrial and medical power, and industrial battery charging products. DC brushless fans and blowers, motors, thermal management products, cabinet thermal solutions, indoor air quality solutions, and automotive fans are also offered in this market segment.
The Automation segment provides products and services for industrial automation, including display and visualization products and building automation solutions, such as building energy management systems, building management and control, LED lighting, video surveillance, and UNOnext indoor air quality monitor technologies.