The global energy management system market is expected to grow from $21,554.4 million in 2014, to reach $46,725.3 million by 2020, registering a CAGR of 14.0% during 2015–2020. The global energy management system, including industrial energy management system (IEMS), building energy management system (BEMS) and home energy management system (HEMS), is driven by rising awareness for energy efficiency, energy price volatility and stringent government regulation for reducing greenhouse emission and rise in disposable income of households. Government regulation for adopting renewable energy as an alternative for tradition energy sources is consequently surging the demand for efficient energy management solution among commercial and residential end users. This increased demand for energy management solution is boosting the demand for EMS including IEMS, BEMS and HEMS.
To Browse Full Report Visit Here: https://www.psmarketresearch.com/market-analysis/energy-management-systems-market
EMS is becoming an important solution among the industries, businesses and individuals to manage their energy consumption. EMS helps the end users to monitor energy consumption, thereby helping them to reduce the overall electricity expenses. Increasing industrial setup in countries such as India and China would increase the demand for energy, which in turn is expected to provide considerable growth opportunity for the global EMS market during the forecast period.
Ask for Sample Pages: https://www.psmarketresearch.com/market-analysis/energy-management-systems-market/report-sample
The global market
has witnessed changes in government policies to reduce greenhouse gas emission
since past few years. Increase in energy prices and rise in production cost
across sectors have forced the European businesses to reduce their energy
consumption in recent years. European government has passed 20:20:20 policy,
which urges the European countries to reduce 20% of their greenhouse gas
emissions, raise their energy efficiency by 20% and increase the use of renewable
energy resources up to 20% by 2020.
The information and
data in the publication “Global Energy Management System Market Size, Share,
Development, Growth and Demand Forecast to 2020” represents the research
and analysis of data from various primary and secondary sources. A bottom-up
approach has been used to calculate the global energy management system market
by region, segment, type, application and end-user. P&S Market Research
analysts and consultants interact with leading companies of the concerned
domain to substantiate every value of data presented in this report. The
company bases its primary research on discussions with prominent professionals
and analysts in the industry, which is followed by informed and detailed,
online and offline research.
Browse Related Research at: https://www.psmarketresearch.com/industry-report/ict-and-media
With the increasing
competition in the market, the energy management system providers are modifying
their product portfolio to offer technologically advanced product to the
commercial and residential end-users. For instance, Schneider Electric launched
“U.Motion”, an intelligent personal Life Space energy management system for
smart homes. U.Motion offer flexibility, simplicity of configuration &
mobility to the EMS solution for home installation. Introduction of advanced
products has boosted the growth of the global energy management system market.
GLOBAL
ENERGY MANAGEMENT SYSTEM MARKET, BY GEOGRAPHY
North America Energy Management System Market
North America Energy Management System Market
- By Segment
- EMS, By Type, Application and End-user
Europe
Energy Management System Market
- By Segment
- EMS, By Type, Application and End-user
Asia-Pacific
Energy Management System Market
- By Segment
- EMS, By Type, Application and End-user
Latin
America, Middle East & Africa Energy Management System Market
- By Segment
- EMS, By Type, Application and End-user
About
P&S Market Research
P&S Market Research is a market research company, which offers market
research and consulting services for various geographies around the globe. We
provide market research reports, industry forecasting reports, business
intelligence, and research based consulting services across different
industry/business verticals.
As one of the top growing market research agency, we’re keen upon
providing market landscape and accurate forecasting. Our analysts and
consultants are proficient with business intelligence and market analysis,
through their interaction with leading companies of the concerned domain. We
help our clients with B2B market research and assist them in identifying
various windows of opportunity, and framing informed and customized business
expansion strategies in different regions.
Contact:
Abhishek
Executive – Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Comments
Post a Comment