Report Format: PDF
Published Date: Dec-2018 | 174 Pages | Report ID: VSR001625
Global Energy Management Systems Market Size is estimated to expand rapidly in coming years, at a CAGR of 17.1 % from 2018 to 2025. In 2017, the global market valuation was USD 39.25 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Due to the growing consciousness of the implementation of energy management systems (EMS) across sectors and business and housing assets, the industry has experienced significant business development in recent years. Many businesses need a strong energy demand that allows them to adopt EMS in order to save electricity.
Another expectation is that the increased use of sustainable power forms, such as solar screen structures in housing and industrial fields, will boost the requirement for alternatives for power leadership devices. The increasing amount and pertinent data for the correction and improved tracking of energy-efficient alternatives is the key driver for EMS market growth, as credible information technology systems for controlling and optimizing accessible funds are increasing. The fast development of well-organized retail and medical services industries has also brought about increasing the requirement for EMS alternatives. The fast commercialization of creative products, such as the multi-network inclusion in SCADA and so on, is also anticipated to boost investment in those industries. Furthermore, in different sectors, energy management systems are commonly used, as they provide data on the electricity use of the segment and department.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global energy management systems market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global energy management systems market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
By Product Insights: On the basis of product, global energy management systems market has been segmented into industrial energy management systems (IEMS), building energy management systems (BEMS), home energy management systems (HEMS). Among which industrial energy management systems segment has accounted for the largest share in the global market of energy management systems. In order to evaluate the pattern of energy consumption to achieve cost reduction in real time, EMS has seen a high degree of market penetration in industry, particularly energy and manufacturing. Efficient energy management awareness and power conservation among homeowners are stimulating growth in that sector.
By Vertical Insights: On the basis of vertical, global energy management systems market has been segmented into power & energy, telecom & IT, manufacturing, retail & offices, healthcare, others. The vertical energy and power market has an important part and is anticipated to prevail over the forecast period with reasonable development. Increasing energy usage demands have resulted in the marketing of EMS components in multiple sub-sections including power production, chemical, petroleum & gas and petrochemical systems.
Regional Analysis
The energy management systems market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Due to an established infrastructure network and the extensive use of EMS across the vertical industry, such as manufacturing, wholesale, energy and other sectors, North America dominates the industry. It is anticipated that this sector in Europe will grow decently, thanks to favorable public initiatives, such as the Neighborhood's Electricity Brokerage and Monitoring Systems. Also in nations such as France, Germany and the UK strong request for cutting energy costs. Market growth in the region is also anticipated to boost.
The energy management systems industry in the Asia-Pacific region is anticipated to be the largest development pace. Sales of multiple authorities throughout the region, in particular in China and India, should continue to be propelled by swift industrialization, rebates and tax subsidies. The Middle East and African regions are also showing significant development. There are few causes for EMS development in the region to fuel large population growth and fast industrialization. Continuous advancement in energy consumption and effectiveness through sustainable development has been driven by rising environmental issues in the Middle East.
Global Energy Management Systems Market Size, Share Analysis by Region 2017
Global Energy Management Systems Market Study Objective
1. To forecast the market size of energy management systems market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of energy management systems market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate on significant factors that will have a major impact on the growth of energy management systems market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of energy management systems market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the energy management systems market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
C3 Energy, General Electric Company, Emerson Process Management, Daikin Industries, Daintree Networks, Jones Sang LaSalle, Gridpoint Inc., Schneider Electric, Siemens AG, Honeywell International Inc., Elster Group GmbH, ABB, IBM, Toshiba Corporation, and Johnson’s Control International are some of the key players in the market of energy management systems.
Global Energy Management Systems Market Study Report Offer You!
The global energy management systems market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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