Scope of Internet of Energy Market

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Internet
Energy Market
on Industry Streams (Oil & Gas, Power), Applications (Fleet & Asset Management, Preventive Maintenance, Energy Management), Use Cases, Solutions, Stakeholder Analysis, –Analysis and Forecast 2019-2024 August 2019 TOC
Global
of
Focus

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Global Internet of Energy Market
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Preface

Over the last decade, the utility and oil & gas sector has transformed drastically, primarily characterized by major technological disruptions. The mainstay of this transformative trend is the increasing internet connectivity, high rate of adoption of cloud services, and analytics technologies that further encourage automated operations. As increasing degree of pressure from regulatory bodies and uncertainty in oil pricescontinue,thedemandfor digitizedsolutionsisexpectedtofurthergrow. Inordertoaccommodate the growing requirements and meet the shareholder expectations, energy companies have initiated several strategies to make the operations cleaner and more efficient than the current level. The convergence of sensor technology, big data, and analytics is called the Internet of Energy. With the continued expansion of Internet of Energy across the globe, the oil & gas and utilities industry can reap the wealth of new forms of knowledge over the coming years.

The market research study offers a wide perspective of the Internet of Energy market and analyzes its impact on the end users by providing critical insights into the direction of its future expansion. The research is based on extensive primary interviews (in-house experts, industry leaders, and market players) and secondary research (a host of paid and unpaid databases), along with the analytical tools that have been used to build the forecast and the predictive models.

ThisstudyhasbeendesignedtoanswersomeofthemostcrucialquestionsabouttheInternetof Energy market:

What is the global Internet of Energy market size in terms of revenue from 2018 2024, and what is the expected growth rate during the forecast period 2019 2024?

What is the revenue generated by Internet of Energy solutions in both power and oil & gas industry?

What is the revenue generated by Internet of Energy solutions in different power industry streams such as generation, transmission, and distribution?

What is the revenue generated by Internet of Energy solutions in different oil & gas industry streams such as upstream, midstream, and downstream?

What is the revenue generated by Internet of Energy solutions in different applications of power and oil & gas industry?

What is the market size and opportunities of Internet of Energy across different regions?

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Global Internet of Energy Market

What are the major driving forces that are expected to increase the demand for the global Internet of Energy market during the forecast period?

What are the key trends and opportunities in the market pertaining to Internet of Energy?

What are the major challenges inhibiting the growth of the global Internet of Energy market?

Who are the major stakeholders in terms of their contribution and impact in the Internet of Energy ecosystem?

What kind of new strategies are being adopted by the existing market players to expand their market position in the industry?

What is the competitive strength of the key players in the Internet of Energy market on the basis of analysis of their recent developments, product offerings, and regional presence?

What is the regulatory landscape in different regions for Internet of Energy?

The report is a compilation of Internet of Energy market segmented by industry, applications, industry stream, and region. In the extensive primary research process undertaken for this study, the primary sources further include industry experts and key executives from prominent companies and organizations in the Internet of Energy market.

Moreover, the report consists of a comprehensive analysis of Internet of Energy market for different regions. This market holds a prominent share in various countries of North America, Europe, Asia Pacific (APAC) and Rest of the World (RoW). The report also provides a country based analysis for all the leading countries in each region, including the U.S., Canada, Mexico, France, Germany, the U.K., Netherlands, Norway, Italy, India, China, Japan, South Korea, and Australia. BIS Energy & Sustainability August 2019

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Global Internet of Energy Market
Global Internet of Energy Market All rights reserved at BIS Research 5 Table of Contents Executive Summary........................................................................................................23 1. Overview: Internet of Energy...............................................................................33 1.1 Internet of Energy Solutions..........................................................................34 1.1.1 Sensing Systems..................................................................................35 1.1.2 Communication ....................................................................................37 1.1.3 Cloud and Edge Computing ................................................................39 1.1.4 Data Management.................................................................................40 1.2 Use Cases of Internet of Energy....................................................................41 1.2.1 Energy Monitor and Control Mechanism............................................42 1.2.2 Process Automation.............................................................................42 1.2.3 Energy Efficiency Mechanism.............................................................43 1.2.4 Asset Remote Control..........................................................................44 2. Market Dynamics..................................................................................................46 2.1 Market Drivers .................................................................................................46 2.1.1 Demand for Operational Efficiency to Fulfil Energy Requirement .........................................................................................47 2.1.2 Rising Cyber Attacks ...........................................................................49 2.1.3 Increasing Demand for Decentralized Power Generation.................49 2.2 Market Restraints............................................................................................51 2.2.1 Lack of Communication Infrastructure...............................................51 2.2.2 Privacy and Security Risk....................................................................52 2.3 Market Opportunities......................................................................................52 2.3.1 Introduction of Next Generation Sensors in the Energy Sector.......52 2.3.2 Growth Opportunities in IoT Analytics Market...................................54 2.3.3 Increasing Necessity for Smart Grids.................................................54 3. Competitive Landscape .......................................................................................56 3.1 Key Market Developments and Strategies....................................................56 3.1.1 Partnerships, Collaborations, and Joint Ventures ............................58 3.1.2 New Product Launches and Developments.......................................59
Global Internet of Energy Market All rights reserved at BIS Research 6 3.1.3 Mergers and Acquisitions....................................................................61 3.1.4 Business Expansions and Contracts .................................................62 3.1.5 Others (Awards and Recognitions).....................................................63 3.2 Market Share Analysis....................................................................................64 3.2.1 Market Share Analysis of IT Solution Providers in the Internet of Energy...............................................................................................64 3.2.2 Player Share Analysis: Energy Management and Automation Companies in Internet of Energy Market............................................66 4. Industry Analysis..................................................................................................69 4.1 Emerging Trends in the Internet of Energy Market......................................69 4.1.1 Growing Role of Big Data Analytics in Power Industry ....................69 4.1.2 Advent of Artificial Intelligence in the Energy Sector .......................70 4.1.3 Securing the Energy Value Chain with Blockchain Technology......71 4.1.4 Market Consolidation...........................................................................73 4.2 Stakeholder Analysis......................................................................................74 4.2.1 Power Utilities.......................................................................................75 4.2.2 Oil & Gas Companies...........................................................................76 4.2.3 IT Solution Providers ...........................................................................77 4.2.4 Energy Management and Automation Companies............................79 4.2.5 End Users (Industrial, Commercial, and Residential) .......................80 4.3 Investment and Funding Landscape.............................................................83 4.4 Regulatory Bodies/Acts..................................................................................87 4.5 Associations/Consortiums/Alliances............................................................88 4.6 Privacy Laws Across Different Countries.....................................................90 5. Global Internet of Energy Market (by Industry Stream) ....................................91 5.1 Assumptions and Limitations for Analysis and Forecast of the Global Internet of Energy Market...................................................................91 5.2 Oil & Gas: Market Overview ...........................................................................91 5.2.1 Upstream...............................................................................................93 5.2.2 Midstream .............................................................................................95 5.2.3 Downstream..........................................................................................98 5.3 Power: Market Overview...............................................................................101 5.3.1 Generation ..........................................................................................102

5.3.2 Transmission......................................................................................104 5.3.3 Distribution .........................................................................................106

6. Global Internet of Energy Market (by Application) ..........................................108

6.1 Oil & Gas Industry: Market Overview ..........................................................108 6.1.1 Fleet and Asset Management............................................................109 6.1.2 Preventive Maintenance.....................................................................111 6.1.3 Pipeline Monitoring............................................................................112 6.1.4 Security Management ........................................................................114

6.2 Power Industry: Market Overview................................................................115

6.2.1 Energy Management ..........................................................................117 6.2.2 Asset and Equipment Monitoring .....................................................119 6.2.3 Field Surveillance...............................................................................120 6.2.4 Others..................................................................................................121

7. Global Internet of Energy Market (by Region)..................................................123

7.1 North America ...............................................................................................125 7.1.1 North America (by Industry)..............................................................126 7.1.2 North America (by Country) ..............................................................127 7.1.2.1 U.S. 127 7.1.2.2 Canada.................................................................................................129 7.1.2.3 Mexico..................................................................................................132

7.2 Europe............................................................................................................134

7.2.1 Europe (by Industry) ..........................................................................136 7.2.2 Europe (by Country)...........................................................................136 7.2.2.1 France..................................................................................................137 7.2.2.2 Germany 139 7.2.2.3 Norway 141 7.2.2.4 U.K. ......................................................................................................142 7.2.2.5 Netherlands..........................................................................................144 7.2.2.6 Italy 146 7.2.2.7 Rest of Europe 147

7.3 Asia-Pacific....................................................................................................149 7.3.1 Asia-Pacific (by Industry) ..................................................................150

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Internet of Energy
Global Internet of Energy Market
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8.1 CISCO Systems Inc.......................................................................................
Company Overview............................................................................
Role of Cisco Systems Inc. in Internet of Energy Market ...............
Financials............................................................................................
SWOT Analysis...................................................................................
8.2 C3 IoT, Inc......................................................................................................
Company Overview............................................................................
Role of C3 IoT, Inc. in Internet of Energy Market.............................
SWOT ANALYSIS................................................................................
8.3 HCL Technologies Ltd..................................................................................
8.3.1 Company Overview............................................................................178 8.3.2 Role of HCL Technologies Ltd. In Internet of Energy Market.........178
Financials............................................................................................
SWOT ANALYSIS................................................................................
8.4 Huawei Technologies Co., Ltd. ....................................................................
Company Overview............................................................................
7.3.2 Asia-Pacific (by Country)...................................................................151 7.3.2.1 China 151 7.3.2.2 Japan....................................................................................................153 7.3.2.3 South Korea 154 7.3.2.4 India 155 7.3.2.5 Australia
157 7.3.2.6 Rest of Asia Pacific..............................................................................159 7.4 Rest-of-the-World (RoW)
161 7.4.1 RoW (by Industry)...............................................................................162 7.4.2 RoW (by Country)...............................................................................162 7.4.2.1 Saudi Arabia.........................................................................................163 7.4.2.2 United Arab Emirates (UAE) 164 7.4.2.3 Brazil 165 7.4.2.4 Rest-of-RoW.........................................................................................167 8. Company Profiles
168
170 8.1.1
170 8.1.2
170 8.1.3
172 8.1.4
174
175 8.2.1
175 8.2.2
175 8.2.3
177
178
8.3.3
180 8.3.4
182
183 8.4.1
183

8.4.2 Role of Huawei Technologies Co., Ltd. in Internet of Energy Market..................................................................................................183 8.4.3 Financials............................................................................................185 8.4.4 SWOT ANALYSIS................................................................................188

8.5 International Business Machines Corporation (IBM).................................189 8.5.1 Company Overview............................................................................189 8.5.2 Role of IBM Corporation in Internet of Energy Market....................189 8.5.3 Financials............................................................................................190 8.5.4 Key Insights About the Financial Health of the Company..............192 8.5.5 SWOT ANALYSIS................................................................................193

8.6 Intel Corporation ...........................................................................................194 8.6.1 Company Overview............................................................................194 8.6.2 Role of Intel Corporation in Internet of Energy Market ...................194 8.6.3 Product Portfolio................................................................................195 8.6.4 Financials............................................................................................195 8.6.5 Key Insights About the Financial Health of the Company..............198 8.6.6 SWOT ANALYSIS................................................................................199

8.7 Kellton Tech Solutions Ltd...........................................................................200 8.7.1 Company Overview............................................................................200 8.7.2 Role of Kellton Tech Solutions Ltd. in Internet of Energy Market..................................................................................................200 8.7.3 Financials............................................................................................201 8.7.4 SWOT ANALYSIS................................................................................204

8.8 Microsoft Corporation...................................................................................205 8.8.1 Company Overview............................................................................205 8.8.2 Role of Microsoft Corporation in Internet of Energy Market ..........205 8.8.3 Product Portfolio................................................................................206 8.8.4 Financials............................................................................................206 8.8.5 Key Insights About the Financial Health of the Company..............208 8.8.6 SWOT ANALYSIS................................................................................209 8.9 Telit Communications PLC...........................................................................210 8.9.1 Company Overview............................................................................210

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8.9.2 Role of Telit Communications PLC in Internet of Energy Market..................................................................................................210

8.9.3 Product Portfolio................................................................................211 8.9.4 Financials............................................................................................211

8.9.5 Key Insights About the Financial Health of the Company..............213 8.9.6 SWOT ANALYSIS................................................................................214

8.10 ABB Ltd..........................................................................................................215

8.10.1 Company Overview............................................................................215 8.10.2 Role of ABB Ltd. In Internet of Energy Market.................................215 8.10.3 Financials............................................................................................217 8.10.4 SWOT ANALYSIS................................................................................219 8.11 General Electric.............................................................................................220 8.11.1 Company Overview............................................................................220 8.11.2 Role of General Electric in Internet of Energy Market.....................220 8.11.3 Financials............................................................................................222 8.11.4 Key Insights About the Financial Health of the Company..............224 8.11.5 SWOT ANALYSIS................................................................................225

8.12 Honeywell International Inc..........................................................................226

8.12.1 Company Overview............................................................................226 8.12.2 Role of Honeywell International Inc. in Internet of Energy Market..................................................................................................226 8.12.3 Financials............................................................................................227 8.12.4 Key Insights about the Financial Health of the company ...............230 8.12.5 SWOT ANALYSIS................................................................................231

8.13 Ingersoll Rand Plc.........................................................................................232 8.13.1 Company Overview............................................................................232 8.13.2 Role of Ingersoll Rand Plc in the Internet of Energy Market ..........232 8.13.3 Financials............................................................................................234 8.13.4 Key Insights About the Financial Health of the Company..............236 8.13.5 SWOT ANALYSIS................................................................................237

8.14 Rockwell Automation Inc..............................................................................238 8.14.1 Company Overview............................................................................238 8.14.2 Role of Rockwell Automation Inc. in Internet of Energy Market.....238

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8.14.3 Financials............................................................................................240 8.14.4 Key Insights About the Financial Health of the Company..............242 8.14.5 SWOT ANALYSIS................................................................................243

8.15 Siemens AG...................................................................................................244 8.15.1 Company Overview............................................................................244 8.15.2 Role of Siemens AG in Internet of Energy Market...........................244 8.15.3 Financials............................................................................................245 8.15.4 SWOT ANALYSIS................................................................................246 8.16 Schneider Electric.........................................................................................247 8.16.1 Company Overview............................................................................247 8.16.2 Role of Schneider Electric in Internet of Energy Market.................247 8.16.3 Financials............................................................................................249 8.16.4 SWOT Analysis...................................................................................251 8.17 Equinor ASA..................................................................................................252 8.17.1 Company Overview............................................................................252 8.17.2 Role of Equinor ASA in Internet of Energy Market..........................252 8.17.3 Product Portfolio................................................................................253 8.17.4 Financials............................................................................................253 8.17.5 Key Insights About the Financial Health of the Company..............255 8.17.6 SWOT ANALYSIS................................................................................256 8.18 Royal Dutch Shell PLC..................................................................................257 8.18.1 Company Overview............................................................................257 8.18.2 Role of Royal Dutch Shell PLC in Internet of Energy Market .........257 8.18.3 Product Portfolio................................................................................258 8.18.4 Financials............................................................................................258 8.18.5 Key Insights About the Financial Health of the Company..............260 8.18.6 SWOT ANALYSIS................................................................................261

8.19 Schlumberger Limited ..................................................................................262

8.19.1 Company Overview............................................................................262 8.19.2 Role of Schlumberger Limited in Internet of Energy Market ..........262 8.19.3 Product Portfolio................................................................................263 8.19.4 Financials............................................................................................263 8.19.5 SWOT ANALYSIS................................................................................266

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Overview............................................................................
Market............................
X
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Company Overview............................................................................
Role of Enel X
America, Inc. in Internet of Energy Market..................................................................................................
SWOT Analysis...................................................................................
9. Report Scope and Methodology........................................................................273 9.1 Report Scope.................................................................................................273 9.2 Internet of Energy Market Research Methodology.....................................274 9.2.1 Assumptions.......................................................................................274 9.2.2 Limitations ..........................................................................................275 9.2.3 Primary Data Sources........................................................................275 9.2.4 Secondary Data Sources...................................................................276 9.2.5 Data Triangulation..............................................................................277 9.2.6 Market Estimation and Forecast .......................................................
8.20 Actility S.A.
267 8.20.1 Company
267 8.20.2 Role of Actility S.A. in Internet of Energy
267 8.20.3 SWOT ANALYSIS................................................................................269 8.21 Enel
North America, Inc.
270 8.21.1
270 8.21.2
North
270 8.21.3
272
278

List of Tables

Table 2.1: Impact Analysis of Drivers 47

Table 2.2: List of Investors Promoting Decentralized Energy System 50

Table 2.3: Impact Analysis of Restraints 51

Table 2.4: Initiatives for the Advancement of the U.S. Grid Network 55

Table 4.1: Recent Consolidations/Partnerships in the Internet of Energy Market 73

Table 4.2: Recent Developments by the Oil & Gas Companies in the Internet of Energy Market 77

Table 4.3: Recent Developments by the IT Solution Providers in the Internet of Energy Market ........78

Table 4.4: Recent Developments by the Energy Management and Automation Companies in Internet of Energy Market .......................................................................................................79

Table 4.5: Advantages and Growth Enablers of Smart Buildings........................................................81

Table 4.6: Venture Capital Investments in Internet of Energy Market.................................................84

Table 4.7: Regulatory Bodies/Act in Global Internet of Energy Market ...............................................87

Table 4.8: Associations/Consortiums in Global Internet of Energy Market..........................................88

Table 4.9: Privacy Laws Followed by Different Countries in Global IoT in Oil & Gas Market ..............90

Table 5.1: Global Internet of Energy in Oil & Gas Market (by Industry Stream), 2018-2024, ($Billion) 93

Table 5.2: Some of the IoE Solution Providers in the Upstream Sector 94

Table 5.3: Some of the IoE Solution Providers in the Downstream Sector 99

Table 5.4: Global Internet of Energy in the Power Market (by Industry Stream), 2018 2024, ($Billion) 102

Table 5.5: Use Cases of Internet of Energy in the Power Generation Business 103

Table 6.1: Global Internet of Energy in Oil & Gas Market (by Application), $Billion 2018 2024 109

Table 6.2: Global Internet of Energy in Power Market (by Application), $Billion 2018 2024 116

Table 7.1: Global Internet of Energy Market (by Region), 2018 2024, $Billion 124

Table 7.2: North America in Internet of Energy (by Industry), 2018 2024, $Billion 126

Table 7.3: North America in Internet of Energy Market (by Country), 2018 2024, $Billion 127

Table 7.4: Recent Developments in the Canadian IoT in Power and Oil & Gas Industry 130

Table 7.5: Europe in Internet of Energy (by Industry), 2018 2024, $Billion 136

Table 7.6: Europe in Internet of Energy Market (by Country), 2018 2024, $Billion 136

Energy Market All rights reserved at BIS Research 13
Global Internet of

Table 7.7: Energy Efficient Investments Made by Italian Government Pertaining to Residential and Industrial Consumers 146

Table 7.8: Asia Pacific Internet of Energy Market (by Industry), 2018 2024, $Billion 150

Table 7.9: Asia Pacific Internet of Energy Market (by Country), 2018 2024, $Billion........................151

Table 7.10: Benefits of Stakeholders from Smart Grid......................................................................157

Table 7.11: Australia Government Initiatives for Energy Conservation.............................................158

Table 7.12: RoW Internet of Energy Market (by Industry), 2018 2024, $Billion.................................162

Table 7.13: RoW Internet of Energy Market (by Country), 2018 2024, $Billion.................................162

Table 7.14: Brazil Initiatives for Reducing Energy Consumption.......................................................166

Table 8.1: Cisco Systems Inc.: Product Portfolio..............................................................................171

Table 8.2: C3IoT: Product Portfolio...................................................................................................176

Table 8.3: HCL Technologies Ltd.: Product Portfolio ........................................................................179

Table 8.4: Huawei Technologies Co., Ltd.: Product Portfolio............................................................184

Table 8.5: IBM Corporation: Product Portfolio 190

Table 8.6: Intel Corporation: Product Portfolio 195

Table 8.7: Kellton Tech Solutions Ltd: Product Portfolio 201

Table 8.8: Microsoft Corporation: Product Portfolio 206

Table 8.9: Telit Communications PLC: Product Portfolio 211

Table 8.10: ABB Ltd.: Product Portfolio 216

Table 8.11: General Electric: Product Portfolio 221

Table 8.12: Honeywell International: Product Portfolio 227

Table 8.13: Ingersoll Rand Plc: Product Portfolio 233

Table 8.14: Rockwell Automation Inc.: Product Portfolio 239

Table 8.15: Siemens AG: Product Portfolio 245

Table 8.16: Schneider Electric: Product Portfolio 248

Table 8.17: Equinor ASA: Product Portfolio 253

Table 8.18: Royal Dutch Shell PLC: Product Portfolio 258

Table 8.19: Schlumberger Limited: Product Portfolio 263

Table 8.20: Actility S.A.: Product Portfolio 268

Table 8.21: Enel X North America, Inc.: Product Portfolio.................................................................271

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List of Figures

Figure 1: Components of Internet of Energy 23

Figure 2: Internet of Energy in Oil & Gas Industry 24

Figure 3: Internet of Energy in the Power Sector 25

Figure 4: Factors Affecting the Global Internet of Energy Market 26

Figure 5: Global Internet of Energy Market Snapshot 27

Figure 6: Global Internet of Energy Market (by Application), 2019 2024, ($Billion) 28

Figure 7: Global Internet of Energy in Oil & Gas Market (by Industry Stream), 2019 and 2024, ($Billion)........................................................................................................29

Figure 8: Global Internet of Energy in Power Market (by Industry Stream), 2019 and 2024, ($Billion)........................................................................................................30

Figure 9: Regional Internet of Energy Market Snapshot.....................................................................31

Figure 1.1: Internet of Energy: By Solutions........................................................................................34

Figure 1.2: Major Applications of Wireless Sensors in Oil & Gas Industry..........................................36

Figure 1.3: Major Applications of Wireless Sensors in Power Industry ...............................................37

Figure 1.4: Benefits of Edge Computing.............................................................................................40

Figure 1.5: Use Cases of Internet of Energy.......................................................................................41

Figure 1.6: Energy Monitor and Control Mechanism 42

Figure 1.7: Asset Remote Control Model 44

Figure 2.1: Market Dynamics 46

Figure 2.2: Global Energy Demand Projection, 2015 2040 48

Figure 3.1: Strategies Adopted by the Key Players (January 2016 June 2019) 56

Figure 3.2: Share of Key Market Strategies and Developments (January 2016 June 2019) 57

Figure 3.3: Partnerships, Collaborations, and Joint Ventures Share (by Companies) 59

Figure 3.4: New Product Launches and Developments Share (by Companies) 60

Figure 3.5: Mergers and Acquisitions Share (by Companies) 61

Figure 3.6: Business Expansions and Contracts Share (by Companies) 62

Figure 3.7: Market Share Analysis of IT Solution Providers in Internet of Energy, 2018(%) 64

Figure 3.8: Market Share Analysis of Energy Management and Automation Companies in Internet of Energy, 2018 (%) 67

Figure 4.1: Advantages of Using Big Data Analytics for Internet of Energy 70

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Figure 4.2: Advantages of Using Blockchain in Power Industry 72

Figure 4.3: Key Stakeholders of Internet of Energy Market 74

Figure 4.4: Application of Internet of Energy for Residential, Commercial, Industrial End Users and Oil & Gas Distributors ......................................................................................................82

Figure 4.5: Investments in Internet of Energy Market, 2016 2018.......................................................83

Figure 5.1: Global IoE in Oil & Gas Market (by Industry Stream)........................................................92

Figure 5.2: Internet of Energy Market in Upstream Segment in Oil & Gas Industry, 2018 2024 .........94

Figure 5.3: Major Activities in the Midstream Sector...........................................................................95

Figure 5.4: Internet of Energy Market in the Midstream Segment in Oil & Gas Industry, 2018-2024 ..............................................................................................................................97

Figure 5.5: Major Activities in the Downstream Sector........................................................................98

Figure 5.6: Internet of Energy Market in the Downstream Segment in Oil & Gas Industry, 2018-2024 ............................................................................................................................100

Figure 5.7: Global IoE in Power Market (by Industry Stream) 101

Figure 5.8: Internet of Energy Market in Generation Segment in Power Industry, 2018 2024 104

Figure 5.9: Major Activities in the Transmission Sector 105

Figure 5.10: Internet of Energy Market in the Power Transmission Industry, 2018 2024 106

Figure 5.11: Internet of Energy Market in the Power Distribution Industry, 2018 2024 107

Figure 6.1: IoE in Oil & Gas: By Application 108

Figure 6.2: Fleet and Asset Management in Internet of Energy in Oil & Gas Industry, 2018 2024 110

Figure 6.3: Preventive Maintenance in Internet of Energy in Oil & Gas Industry, 2018 2024 111

Figure 6.4: Pipeline Monitoring in Internet of Energy in Oil & Gas Market, 2018 2024 113

Figure 6.5: Security Management in IoE in Oil & Gas Market, 2018 2024 114

Figure 6.6: IoE in Power: By Application 116

Figure 6.7: Energy Management in Internet of Energy in Power Industry, 2018 2024 118

Figure 6.8: Asset and Equipment Monitoring in Internet of Energy in Power Industry, 2018 2024 119

Figure 6.9: Field Surveillance in Internet of Energy in Power Industry, 2018 2024 121

Figure 6.10: Others in IoE in Power Market, 2018 2024...................................................................122

Figure 7.1: Global Internet of Energy Regional Market Snapshot.....................................................123

Figure 7.2: North America Internet of Energy Market, 2018-2024, $Billion.......................................125

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Figure 7.3: The U.S. Internet of Energy Market, 2018 2024 128

Figure 7.4: Energy Mix of Canada, 2016 130

Figure 7.5: Canada Internet of Energy Market, 2018 2024 131

Figure 7.6: Mexico Internet of Energy Market, 2018 2024................................................................132

Figure 7.7: Europe Internet of Energy Market, 2018 2024................................................................135

Figure 7.8: France Internet of Energy Market, 2018 2024................................................................137

Figure 7.9: Energy Mix of France, 2018............................................................................................138

Figure 7.10: Germany Internet of Energy Market, 2018 2024...........................................................140

Figure 7.11: Norway Internet of Energy Market, 2018 2024.............................................................141

Figure 7.12: The U.K. Internet of Energy Market, 2018-2024 ...........................................................143

Figure 7.13: The Netherlands Internet of Energy Market, 2018-2024...............................................145

Figure 7.14: Italy Internet of Energy Market, 2018-2024...................................................................147

Figure 7.15: Rest-of- Europe Internet of Energy Market, 2018-2024................................................148

Figure 7.16: Asia Pacific Internet of Energy Market, 2018 2024 149

Figure 7.17: China Internet of Energy Market, 2018 2024 152

Figure 7.18: Japan Internet of Energy Market, 2018 2024 153

Figure 7.19: South Korea in Internet of Energy Market, 2018 2024 155

Figure 7.20: India Internet of Energy Market, 2018 2024 156

Figure 7.21: Australia Internet of Energy Market, 2018 2024 158

Figure 7.22: Rest of Asia Pacific Internet of Energy Market, 2018 2024 159

Figure 7.23: RoW Internet of Energy Market, 2018 2024 161

Figure 7.24 Saudi Arabia Internet of Energy Market, 2018 2024 163

Figure 7.25: UAE Internet of Energy Market, 2018 2024 164

Figure 7.26: Brazil Internet of Energy Market, 2018 2024 165

Figure 7.27: Others Internet of Energy Market, 2018 2024 167

Figure 8.1: Segmentation of Key Companies Profiled by Type of Company 168

Figure 8.2: Cisco Systems Inc.: Overall Financials, 2016 2018 172

Figure 8.3: Cisco Systems Inc.: Net Revenue (by Business Segment), 2016 2018 172

Figure 8.4: Cisco Systems: Net Revenue (by Region), 2016 2018 173

Figure 8.5: Cisco Systems Inc.: SWOT Analysis..............................................................................174

Figure 8.6: C3 IoT: SWOT Analysis..................................................................................................177

Figure 8.7: HCL Technologies Ltd.: Overall Financials, 2017-2019..................................................180

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Figure 8.8: HCL Technologies Ltd.: Net Revenue (by Business Segment), 2017 2019 180

Figure 8.9: HCL Technologies Ltd.: Net Revenue (by Regional Segment), 2017 2019 181

Figure 8.10: HCL Technologies Ltd.: SWOT Analysis 182

Figure 8.11: Huawei Technologies Co., Ltd.: Overall Financials, 2016 2018....................................185

Figure 8.12: Huawei Technologies Co., Ltd.: Net Revenue (by Business Segment), 2016 2018 .....186

Figure 8.13: Huawei Technologies Co., Ltd.: Net Revenue (by Region), 2016 2018........................187

Figure 8.14: Huawei Technologies Co., Ltd.: SWOT Analysis..........................................................188

Figure 8.15: IBM Corporation: Overall Financials, 2016 2018 ..........................................................190

Figure 8.16: IBM Corporation: Net Revenue (by Business Segment), 2016 2018............................191

Figure 8.17: IBM Corporation: Net Revenue (by Regional Segment), 2016-2018 ............................192

Figure 8.18: IBM Corporation: R&D Expenditure, 2016-2018...........................................................192

Figure 8.19: IBM Corporation: SWOT Analysis.................................................................................193

Figure 8.20: Intel Corporation: Overall Financials, 2016-2018..........................................................195

Figure 8.21: Intel Corporation: Net Revenue (by Business Segment), 2016 2018 196

Figure 8.22: Intel Corporation: Net Revenue (by Regional Segment), 2016 2018 197

Figure 8.23: Research and Development: Intel Corporation 2016 to 2018 198

Figure 8.24: Intel Corporation: SWOT Analysis 199

Figure 8.25: Kellton Tech Solutions Ltd: Overall Financials, 2017 2019 201

Figure 8.26: Kellton Tech Solutions Ltd: Net Revenue (by Business Segment), 2017 2019 202

Figure 8.27: Kellton Tech: Net Revenue (by Region), 2016 2018 203

Figure 8.28: Kellton Tech: SWOT Analysis 204

Figure 8.29: Microsoft Corporation: Overall Financials, 2016 2018 206

Figure 8.30: Microsoft Corporation: Net Revenue (by Business Segment), 2016 2018 207

Figure 8.31: Microsoft Corporation: Net Revenue (by Regional Segment), 2016 2018 207

Figure 8.32: Research and Development: Microsoft Corporation 2016 to 2018 208

Figure 8.33: Microsoft Corporation: SWOT Analysis 209

Figure 8.34: Telit Communications PLC: Overall Financials, 2016 2018 211

Figure 8.35: Telit: Net Revenue (by Business Segment), 2017 2018 212

Figure 8.36: Telit Communications PLC: Net Revenue (by Regional Segment), 2016 2018 212

Figure 8.37: Research and Development: Telit Communications PLC 2016 to 2018 ....................213

Figure 8.38: Telit Communications PLC: SWOT Analysis ................................................................214

Figure 8.39: ABB Ltd.: Overall Financials, 2016-2018 ......................................................................217

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Figure 8.40: ABB Ltd.: Net Revenue (by Operating Segment), 2016 2018 217

Figure 8.41: ABB Ltd.: Net Revenue (by Regional Segment), 2016 2018 218

Figure 8.42: ABB Ltd.: SWOT Analysis 219

Figure 8.43: General Electric: Overall Financials, 2016 2018...........................................................222

Figure 8.44: General Electric: Net Revenue (by Business Segment), 2016 2018.............................223

Figure 8.45: General Electric: Net Revenue (by Regional Segment), 2016 2018.............................223

Figure 8.46: General Electric: Research and Development: 2016 2018...........................................224

Figure 8.47: General Electric: SWOT Analysis .................................................................................225

Figure 8.48: Honeywell International: Overall Financials, 2016 2018 ...............................................227

Figure 8.49: Honeywell International: Net Revenue (by Business Segment), 2016-2018.................228

Figure 8.50: Honeywell International: Net Revenue (by Regional Segment), 2016-2018 .................229

Figure 8.51: Research and Development: Honeywell International 2016 to 2018..........................230

Figure 8.52: Honeywell International: SWOT Analysis......................................................................231

Figure 8.53: Ingersoll Rand Plc: Overall Financials, 2016 2018 234

Figure 8.54: Ingersoll Rand Plc: Net Revenue (by Business Segment), 2017 2018 234

Figure 8.55: Ingersoll Rand Plc: Net Revenue (by Regional Segment), 2016 2018 235

Figure 8.56: Research and Development: Ingersoll Rand Plc 2016 to 2018 236

Figure 8.57: Ingersoll Rand Plc: SWOT Analysis 237

Figure 8.58: Rockwell Automation Inc.: Overall Financials, 2016 2018 240

Figure 8.59: Rockwell Automation Inc.: Net Revenue (by Business Segment), 2016 2018 240

Figure 8.60: Rockwell Automation Inc.: Net Revenue (by Regional Segment), 2016 2018 241

Figure 8.61: Research and Development: Rockwell Automation 2016 to 2018 242

Figure 8.62: Rockwell Automation Inc.: SWOT Analysis 243

Figure 8.63: Siemens AG: Overall Financials, 2016 2018 245

Figure 8.64: Siemens AG: SWOT Analysis 246

Figure 8.65: Schneider Electric: Overall Financials, 2016 2018 249

Figure 8.66: Schneider Electric: Net Revenue (by Business Segment), 2016 2018 250

Figure 8.67: Schneider Electric: Net Revenue by Regional Segment, 2016 2018 250

Figure 8.68: Schneider Electric: SWOT Analysis 251

Figure 8.69: Equinor ASA: Overall Financials, 2016 2018................................................................253

Figure 8.70: Equinor ASA: Net Revenue by Business Segment, 2016 2018....................................254

Figure 8.71: Research and Development: Equinor ASA 2016 to 2018..........................................255

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Figure 8.72: Equinor ASA: SWOT Analysis 256

Figure 8.73: Royal Dutch Shell PLC: Overall Financials, 2016 2018 258

Figure 8.74: Royal Dutch Shell PLC: Net Revenue (by Business Segment), 2016 2018 259

Figure 8.75: Royal Dutch Shell PLC: Net Revenue (by Regional Segment), 2016 2018..................260

Figure 8.76: Research and Development: Royal Dutch Shell PLC 2016 to 2018 ..........................260

Figure 8.77: Royal Dutch Shell PLC: SWOT Analysis ......................................................................261

Figure 8.78: Schlumberger Limited: Overall Financials, 2016 2018..................................................263

Figure 8.79 Schlumberger Limited: Net Revenue (by Business Segment), 2016 2018....................264

Figure 8.80 Schlumberger Limited: Net Revenue (by Regional Segment), 2016 2018.....................265

Figure 8.81: Schlumberger Limited: SWOT Analysis........................................................................266

Figure 8.82: Actility S.A.: SWOT Analysis.........................................................................................269

Figure 8.83: Enel X North America, Inc.: Net Revenue by Regional Segment, 2018........................271

Figure 8.84: Enel X North America, Inc.: SWOT Analysis.................................................................272

Figure 9.1 Internet of Energy Market Scope 273

Figure 9.2 Report Methodology 274

Figure 9.3 Primary Interviews Breakdown, by Company, Designation and Region 276

Figure 9.4 Sources of Secondary Research 277

Figure 9.5 Data Triangulation 278

Figure 9.6 Top Down and Bottom Up Approach for Market Estimation 279

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List

Acronyms Descriptions

AI Artificial Intelligence

of Acronyms

AT&C Aggregate Technical & Commercial

DSO Distribution System Operators

DNO Distributed Network Operators

FYP Five Year Plan

GNSS Global Navigation Satellite Systems

GPS Global Positioning Systems

HVAC Heating Ventilation Air Conditioning

IoE Internet of Energy

IoT Internet of Things

IIoT Industrial Internet of Things

IP Internet Protocol

ICT Information and Communication Technologies

KwH Kilowatt Hour

LAN Local Area Network

M2M Machine to Machine

MRO Maintenance Repair and Operation

PaaS Platform as a Service

PEA Provincial Electricity Authority

POE Power Over Ethernet

PLC Programmable Logic Controller

Global Internet of Energy Market All rights reserved at BIS Research 21

RFID Radio frequency Identification

SCADA Supervisory Control and Data Acquisition

SaaS Software as a Service

SPS Safety and Productivity Solutions

TSO Transmission System Operators

WAN Wide Area Network

Global Internet of Energy Market All
22
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