The sustainability and energy management software global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Sustainability and Energy Management Software Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The sustainability and energy management software market size has grown rapidly in recent years. It will grow from $1.35 billion in 2023 to $1.54 billion in 2024 at a compound annual growth rate (CAGR) of 13.8%. The growth in the historic period can be attributed to corporate sustainability initiatives, regulatory compliance requirements, energy cost savings, growing awareness of climate change.
The sustainability and energy management software market size is expected to see rapid growth in the next few years. It will grow to $2.48 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%. The growth in the forecast period can be attributed to demand for transparency and reporting, increasing investor and consumer focus on sustainability, supply chain sustainability management, evolving esg (environmental, social, and governance) standards. Major trends in the forecast period include decision-making through data analytics, transparency and stakeholder communicatio, sustainability in supply chains, renewable energy integration, digitalization and iot integration.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/sustainability-and-energy-management-software-global-market-report
Scope Of Sustainability and Energy Management Software Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Sustainability and Energy Management Software Market Overview
Market Drivers –
The increase in investments in environment, health & safety (EH&S), and sustainability software is a key factor for driving the sustainability and energy management software market. Energy management software facilitates the reduction of energy expenses and use. It is used to maximize energy efficiency and sustainability, and energy management software can aid cost reduction, carbon footprint reduction, and quality energy enhancement. For instance, in February 2022, ArcelorMittal, a Europe-based steel manufacturing corporation, announced a €1.7 billion ($1.8 billion) investment program by 2030 at its French steelmaking operations in Fos-sur-Mer and Dunkirk, with help from the French government while retaining equal production capacities. This investment would enable a dramatic transformation of steelmaking in France and a total decrease of ArcelorMittal’s CO2 emissions in France of close to 40%, or 7.8 million tonnes per year, by 2030. This transition will result in a 10% reduction in greenhouse gas emissions from France’s manufacturing industry. Therefore, an increase in investment in environment, health and safety and sustainability software will drive the sustainability and energy management software.
Market Trends –
Major companies operating in the sustainability and energy management software market are developing advanced energy storage software platforms to gain a competitive edge in the market. For instance, in September 2023, FlexGen Power Systems, Inc., a US-based energy storage technology company launched the HybridOS 11, the latest version of its energy management software platform. HybridOS 11 introduces advanced features aimed at enhancing the user experience, ensuring system stability, and providing greater control over site operations for energy storage asset owners and operators. Key features include an Enhanced User Interface with a Dark Mode option, Scheduler Mode Upgrade for improved event scheduling, Constant Power Factor and Reactive Power POI Limits for comprehensive control, and a Performance Index offering a quick overview of site operations. The platform also introduces a Digital Twin, a cloud-based simulation using machine learning to calculate expected site performance.
The sustainability and energy management software market covered in this report is segmented –
1) By Software: Cloud based, On-Premise
2) By Module: Utility data management, Carbon reporting & management, Sustainability reporting & management, Energy Optimization, Facility and asset Management, Compliance Management
3) By End User: Automotive, Construction, Manufacturing, Oil and Gas, Pharmaceutical, Utilities and Energy
Get an inside scoop of the sustainability and energy management software market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=8249&type=smp
Regional Insights –
North America was the largest region in the sustainability and energy management software market in 2023. The regions covered in the sustainability and energy management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the sustainability and energy management software market report are Accuvio lnc., Ecova Inc., Enablon North America Corp., Envizi Pty Ltd., Figbytes Inc., Gensuite LLC, International Business Machines Corporation, ICONICS Inc., SAP SE, Schneider Electric SE, UL EHS Sustainability, British Energy Saving Technology, LogicLadder Technologies Pvt.Ltd., Syam Software Inc., Urjanet Energy Solutions Pvt Ltd, Verisae, CA Technologies Inc., Thinkstep, Siemens AG, Johnson Controls International plc, Honeywell International Inc., Eaton Corporation plc, General Electric Company, Rockwell Automation Inc., Emerson Electric Co., OSIsoft LLC, Yokogawa Electric Corporation, Mitsubishi Electric Corporation, IntegrityNext, EHS Insight, SmartHead, VelocityEHS
Table of Contents
1. Executive Summary
2. Sustainability and Energy Management Software Market Report Structure
3. Sustainability and Energy Management Software Market Trends And Strategies
4. Sustainability and Energy Management Software Market – Macro Economic Scenario
5. Sustainability and Energy Management Software Market Size And Growth
…..
27. Sustainability and Energy Management Software Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
