Market Share of Energy Management Systems Industry
The market studied is very competitive. Some significant players in the market are IBM Corporation, Rockwell Automation Inc., General Electric, Schneider Electric, Eaton, ABB, Oracle Corporation, and many more. The companies are expected to increase the market share by forming multiple partnerships and investing in introducing new solutions to earn a competitive edge during the forecast period.
In September 2022, IBM announced the next generation of its LinuxONE server, a favorably scalable Linux and Kubernetes-based platform designed to provide scalability to sustain thousands of workloads in the footprint of a single strategy. IBM LinuxONE Emperor 4 was a planned scale-out-on-scale-up approach that allowed clients to run workloads at increased density and increased capability by turning on unused cores without raising their energy consumption and associated greenhouse gas emissions.
In July 2022, an integrated electric vehicle charging infrastructure was developed and presented by Eaton with the Flow consortium, which received support from the European Union. Based on the experience gained in the development of its buildings as a grid approach, merging the power needs of buildings and EVs with on-site renewable power generation, Eaton's role in the consortium was to apply further developing EV charging technologies and establishing electric vehicle charging solutions.
Energy Management System Market Leaders
IBM Corporation
Rockwell Automation, Inc.
General Electric
Schneider Electric
Eaton
*Disclaimer: Major Players sorted in no particular order
