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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Controlling the practices, equipment, and processes that increase a hotel's energy consumption is known as "hotel energy management."
This can refer to resources like power, gas, water, or other forms of nature. Hotels use a wide variety of energy resources since their operations and infrastructure can be complex.
The U.S. The Department of Energy monitors and categorizes hotel energy use, and statistics are periodically released in annual reports from the Energy Information Administration.
Contemporary energy conservation techniques involve contributions from the visitors themselves. Information cards urging visitors to conserve water by notifying hotel cleaning staff if they would want to reuse towels and bed linens have popularized this practice.
This lowers the amount of water and/or cleaning agents used by the hotel laundry department, lowering costs for the manager or owner of the facility.
In recent years, experts have created entire businesses to advise hotels on how to use energy more effectively. Some of these consultants take part by supplying the goods needed to put their recommendations into practice in exchange for a cut of the cost savings.
These businesses, which go by the acronym ESCO, have multiplied over the years as public and commercial energy concerns have grown.
The US hotel energy management system market accountedfor $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Canadian and American markets for energy management software, It is now more important than ever for governments, the public and private sectors to increase lines of communication, share knowledge, expertise, and resources to accelerate efforts toward carbon-neutrality, sustainability, and energy efficiency at the beginning of the decade crucial to the survival of the planet's ecosystem.
This includes the call for a rapid move away from fossil fuels, the decarbonizing industry, as well as the communities, cities, and buildings work.
When visitors forget to turn off the HVAC system after leaving their room, alternate procedures include using infrared motion sensors, door contacts, and other ways to detect occupancy to manage the HVAC. Smart lighting involves turning off the lights in a room while nobody is using it.
The Energy Action software, a cloud-based platform created for this purpose, is described in the Department of Energy(DOE)Software Directory.
A number of developments have been occurring in the energy management markets generally, such as the move to service-based models or performance-based models employed by Energy Services Companies (ESCOs).
Due to the low values associated with hotel energy retrofits and the difficulties in assessing so many potential load sources, ESCOs have traditionally avoided the hotel industry.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |