carbon
and energy software market is a market for buying and selling
software tools for carbon and energy analysis in terms of consumption
metrics, emission reduction options, and optimized consumption with
cost cuts. An example of Energy software technology- DOE-2, which
calculates energy performance and life-cycle operation cost on hourly
basis. Also there are tools like energy simulation tools and load
calculation. Examples of carbon software tools include- emission
monitoring, carbon management, emission transporting tools and
others. These software tools are meant to help researchers,
engineers, builders, and those involved in building life-cycle
analyzers and prioritize the energy efficient technologies in the new
and existing buildings.
The
factors for development of this market include the need to reduce
emissions, growing trend in inclusion of energy efficient
technologies in daily activities and mitigate global warming.
Especially the usage of Demand side management, development of new
green buildings, modifying the existing buildings to control the
emissions, optimized resource utilizations and minimize energy costs
serve as the opportunity for the emergent of this carbon and energy
software market. This market also provides new diversified business
opportunities in the power and energy sectors owing to easier
availability of these products to the customers. These products can
be used by energy managers, building owners, policy makers, and
energy demand modelers, building researchers, engineers, architects,
energy auditors, grid companies, research institutes and
universities.
The
only restraint in this market development is the affordability of
these technologies, especially by the developing and under developed
economies. This market is segmented according to the technical
functions of these tools like simulation tools which help in
simulation during cooling or power plant failures, later restoration;
estimation tools for estimating the energy consumption of a building
on hourly basis over a given time interval, opting other
alternatives, comparing energies of different building comparisons;
assessment tools for. Building green house rating to assess the
energy efficiency of a building on a 5-scale basis; lighting design
software like ECO LUMEN to achieve high illumination but less energy
consumption; load calculation software as Adtek for calculating
residential loads, provide options for adding doors, windows,
ceilings etc.
This
software market is expected to grow in the coming years due to
inclination towards the green technologies. The companies, worldwide,
are being mandated by the regulatory bodies, shareholders, customers
to reduce their energy consumption, carbon emissions, optimize
recourse utilization, and thus become energy efficient. North
America is expected to be the largest market for energy and carbon
software tools as it has been taking major steps to minimize its
greenhouse gas emissions. Also Europe can be a major market due to
the stringent regulations implying over the region. Due to these
regulations it is planned to introduce zero energy buildings. Zero
energy buildings find applications in both for public and private
use. The Asia-pacific market comprising of developing nations may
gradually grow in size due to increasing awareness in the energy
efficient technologies. For the rest of the world the software market
would grow according to the rising awareness and demand of these
tools.
Some
of the major players in this market are Accenture, Delloite, IBM,
Infosys, Enablon, Hara, SAP, SAS, Enviance, and Carbonetworks. These
players are developing new and innovative products for carbon and
energy software market in order to fulfill the demand of customers.
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