Market Share of Latin America Energy Management Systems Industry
The energy management systems market is competitive and consists of several major players. However, in terms of market share, few of the major players currently dominate the market. With a prominent share in the market, these market players are focusing on expanding their customer bases across foreign countries. These companies are leveraging strategic collaborative initiatives to increase their market shares and profitability. The key players are IBM Corporation and Rockwell Automation Inc. Recent developments in the market are -
- June 2021: Rockwell Automation integrated IoT technology with industry expertise to build an energy management platform solution that gives meaningful, actionable real-time data to manage a variety of the manufacturing processes' most important utilities. Air, water, gas, electricity, and steam are all examples of this.
- January 2021: Envision Digital International Pte Ltd, a global pioneer in decarbonization and Artificial Intelligence of Things (AIoT) technologies, and IBM announced a partnership to create sustainable energy management solutions. The partnership will assist businesses and governments throughout the world in achieving business objectives and meeting energy efficiency targets while advancing on their digital transformation journeys.
Latin America Energy Management Systems Market Leaders
IBM Corporation
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
Honeywell International Inc.
*Disclaimer: Major Players sorted in no particular order
