Market Overview:
The global energy tracking and monitoring systems market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy efficiency and sustainability across various industries. Additionally, the growing awareness about the benefits of energy tracking and monitoring systems is also contributing to the market growth. The global energy tracking and monitoring systems market can be segmented on the basis of type, application, and region.
Product Definition:
An energy tracking and monitoring system is a type of software or hardware that helps facility managers and other personnel keep track of the energy consumption in their buildings. These systems can provide important data on where energy is being used, how much it is costing, and how best to reduce consumption. By tracking and monitoring energy use, facility managers can save money on their monthly utility bills as well as help reduce their building's carbon footprint.
Industrial Energy Tracking and Monitoring Systems:
Industrial energy tracking and monitoring systems are used to monitor the energy consumption of an industrial facility. It is also used to track the renewable sources of energy such as wind, solar, biomass and geothermal among others. The factors that propel their growth include growing environmental concerns regarding carbon emissions from fossil fuel usage along with stringent government regulations for reducing carbon footprint.
Building Energy Tracking and Monitoring Systems:
Building energy tracking and monitoring systems are used to measure the energy consumption of a building. It is an effective tool that helps organizations, businesses, and homeowners to identify opportunities to reduce costs and increase efficiency. The system provides information on temperature fluctuations, lighting usage, movement in the building as well as outside weather conditions which enables proper maintenance of equipment or facility.
Application Insights:
The power and energy segment dominated the global market in 2017. The growth of this application can be attributed to the growing demand for electricity across countries, such as China, India, Brazil and Mexico. Furthermore, increasing investments by companies in R&D activities pertaining to clean energy are expected to drive the growth over the forecast period.
Manufacturing was another prominent segment accounting for a significant share of 19% in 2017 owing to rising industrialization across developing economies including South Africa, Indonesia and Malaysia among others.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for energy-efficient products and rising government initiatives in developing countries such as China, India, and Japan. For instance, in 2015, China launched a national smart grid initiative called National Energy Strategy (NEST) which aims at providing sustainable development through efficient use of energy resources.
North America accounted for more than 20% of the overall revenue share in 2016 owing to early adoption of technologies across various end-use sectors such as manufacturing and healthcare facilities. Europe is also estimated to witness steady growth over the next eight years on account of growing awareness regarding benefits associated with tracking systems across several industries including power & energy sector wherein it plays an important role by reducing carbon emissions along with other harmful pollutants caused due to electricity generation processes.
Growth Factors:
- Increasing demand for energy efficient systems and technologies
- Rapid industrialization and urbanization in developing countries
- Stringent government regulations for energy conservation
- Rising awareness about the benefits of energy tracking and monitoring systems among businesses and consumers alike
- Technological advancements that make these systems more efficient, accurate, and user-friendly
Scope Of The Report
Report Attributes
Report Details
Report Title
Energy Tracking and Monitoring Systems Market Research Report
By Type
Industrial Energy Tracking and Monitoring Systems, Building Energy Tracking and Monitoring Systems, Other
By Application
Power & Energy, Manufacturing, Telecom & IT, Retail, Healthcare, Other
By Companies
Schneider Electric, Honeywell International, Johnson Controls, General Electric, Hitachi, Eaton, Cisco Systems, Siemens, C3 IoT, GridPoint
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Energy Tracking and Monitoring Systems Market Report Segments:
The global Energy Tracking and Monitoring Systems market is segmented on the basis of:
Types
Industrial Energy Tracking and Monitoring Systems, Building Energy Tracking and Monitoring Systems, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power & Energy, Manufacturing, Telecom & IT, Retail, Healthcare, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schneider Electric
- Honeywell International
- Johnson Controls
- General Electric
- Hitachi
- Eaton
- Cisco Systems
- Siemens
- C3 IoT
- GridPoint
Highlights of The Energy Tracking and Monitoring Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Energy Tracking and Monitoring Systems
- Building Energy Tracking and Monitoring Systems
- Other
- By Application:
- Power & Energy
- Manufacturing
- Telecom & IT
- Retail
- Healthcare
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Energy Tracking and Monitoring Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Energy tracking and monitoring systems are a type of technology that helps businesses track their energy consumption in real-time. This information can help businesses save money on their energy bills, as well as reduce the environmental impact of their operations.
Some of the major companies in the energy tracking and monitoring systems market are Schneider Electric, Honeywell International, Johnson Controls, General Electric, Hitachi, Eaton, Cisco Systems, Siemens, C3 IoT, GridPoint.
The energy tracking and monitoring systems market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Energy Tracking and Monitoring Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Energy Tracking and Monitoring Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Energy Tracking and Monitoring Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Energy Tracking and Monitoring Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Energy Tracking and Monitoring Systems Market Size & Forecast, 2018-2028
4.5.1 Energy Tracking and Monitoring Systems Market Size and Y-o-Y Growth
4.5.2 Energy Tracking and Monitoring Systems Market Absolute $ Opportunity
Chapter 5 Global Energy Tracking and Monitoring Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Energy Tracking and Monitoring Systems Market Size Forecast by Type
5.2.1 Industrial Energy Tracking and Monitoring Systems
5.2.2 Building Energy Tracking and Monitoring Systems
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Energy Tracking and Monitoring Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Energy Tracking and Monitoring Systems Market Size Forecast by Applications
6.2.1 Power & Energy
6.2.2 Manufacturing
6.2.3 Telecom & IT
6.2.4 Retail
6.2.5 Healthcare
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Energy Tracking and Monitoring Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Energy Tracking and Monitoring Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Energy Tracking and Monitoring Systems Analysis and Forecast
9.1 Introduction
9.2 North America Energy Tracking and Monitoring Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Energy Tracking and Monitoring Systems Market Size Forecast by Type
9.6.1 Industrial Energy Tracking and Monitoring Systems
9.6.2 Building Energy Tracking and Monitoring Systems
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Energy Tracking and Monitoring Systems Market Size Forecast by Applications
9.10.1 Power & Energy
9.10.2 Manufacturing
9.10.3 Telecom & IT
9.10.4 Retail
9.10.5 Healthcare
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Energy Tracking and Monitoring Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Energy Tracking and Monitoring Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Energy Tracking and Monitoring Systems Market Size Forecast by Type
10.6.1 Industrial Energy Tracking and Monitoring Systems
10.6.2 Building Energy Tracking and Monitoring Systems
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Energy Tracking and Monitoring Systems Market Size Forecast by Applications
10.10.1 Power & Energy
10.10.2 Manufacturing
10.10.3 Telecom & IT
10.10.4 Retail
10.10.5 Healthcare
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Energy Tracking and Monitoring Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Energy Tracking and Monitoring Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Energy Tracking and Monitoring Systems Market Size Forecast by Type
11.6.1 Industrial Energy Tracking and Monitoring Systems
11.6.2 Building Energy Tracking and Monitoring Systems
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Energy Tracking and Monitoring Systems Market Size Forecast by Applications
11.10.1 Power & Energy
11.10.2 Manufacturing
11.10.3 Telecom & IT
11.10.4 Retail
11.10.5 Healthcare
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Energy Tracking and Monitoring Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Energy Tracking and Monitoring Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Energy Tracking and Monitoring Systems Market Size Forecast by Type
12.6.1 Industrial Energy Tracking and Monitoring Systems
12.6.2 Building Energy Tracking and Monitoring Systems
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Energy Tracking and Monitoring Systems Market Size Forecast by Applications
12.10.1 Power & Energy
12.10.2 Manufacturing
12.10.3 Telecom & IT
12.10.4 Retail
12.10.5 Healthcare
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Energy Tracking and Monitoring Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Energy Tracking and Monitoring Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Energy Tracking and Monitoring Systems Market Size Forecast by Type
13.6.1 Industrial Energy Tracking and Monitoring Systems
13.6.2 Building Energy Tracking and Monitoring Systems
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Energy Tracking and Monitoring Systems Market Size Forecast by Applications
13.10.1 Power & Energy
13.10.2 Manufacturing
13.10.3 Telecom & IT
13.10.4 Retail
13.10.5 Healthcare
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Energy Tracking and Monitoring Systems Market: Competitive Dashboard
14.2 Global Energy Tracking and Monitoring Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 Honeywell International
14.3.3 Johnson Controls
14.3.4 General Electric
14.3.5 Hitachi
14.3.6 Eaton
14.3.7 Cisco Systems
14.3.8 Siemens
14.3.9 C3 IoT
14.3.10 GridPoint
