Energy Management System Market Key Players are: GENERAL ELECTRIC, Schneider, Honeywell, Eaton, Siemens, ABB, Cisco, IBM, Emerson, CA Technology, Johnson Controls
Industrial energy management system market size was valued over USD 9 billion in 2015 and is predicted to witness a substantial growth by 2024. It can be used to analyze and monitor real time consumption, load fluctuation and equipment performance.
(EMAILWIRE.COM, August 03, 2018 ) Global Energy Management System Market is expected to grow at over 13% CAGR by 2024. Introduction of strict building standards and codes to encourage energy conservation will stimulate the industry landscape. The U.S. has adopted standard 90.1 to provide minimum requirements for energy efficient commercial building design and construction. Canada has also adopted ISO 50001 to offer structured framework to companies towards energy efficiency. It also helps to reduce environmental impacts and energy cost.
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Geopolitical measures to reduce emissions, with increasing demand for reliable and clean power will fuel energy management system market share. European Union has announced Energy Performance of Buildings directive with the aim to encourage cost effective improvement to improve the overall building efficiency. The government is also planning to renovate the new and existing buildings into zero energy by 2020. These government measures to control the carbon footprint is anticipated to fuel the energy management system market.
Top Key Players:-
Major participants in energy management system market are Schneider Electric, ABB, IBM, CA Technology, Honeywell, GENERAL ELECTRIC, Siemens AG, Eaton, Cisco Systems, Johnson Controls, and Emerson Electric.
Market share calculation in this report is not done based on companies covered in it. The calculation of energy management system market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1115
Regional Segmentations: -
Germany was valued over 25% of Europe energy management system market share in 2015. The German government has unveiled several programs including National Action Plan on Energy Efficiency, to promote investment in energy efficient building & products and innovative industrial operations. The authorities have also offered SMEs subsidy of at least 30% to improve the efficiency of manufacturing process by upgrading technologies and equipment. The country targets to cut its energy consumption to 20% by 2020.
Global BEMS energy management system market share contributed over 19% in 2015. Building standards and codes for commercial and residential structures will propel the business growth. The U.S. energy management system market accounted for over 4 billion in 2015. Increasing adoption of smart meters to optimize, monitor and control the energy consumption will stimulate the business growth. The regional government initiatives for smart grid roll-out, emergence of cloud platform, requirement of operational efficiency for utilities and reducing cost of IoT components will positively impact the demand of the system across the globe.
Partial Chapter of the Table of Content
Chapter 1 Methodology & Scope
1.1 Research Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Research scope and assumptions
1.2 Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2 Executive Summary
2.1 Energy management system industry 3600 synopsis, 2013 - 2024
2.1.1 Current business environment
2.1.2 Service trends
2.1.3 Component trends
2.1.4 Regional trends
Chapter 3 Energy management system Industry Insights
3.1 Industry segmentation
3.2 Industry Size and forecast, 2013 – 2024
3.3 Energy management system industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Innovation & sustainability
3.5 Regulatory framework
3.5.1 U.S.
3.5.2 Europe
3.5.3 China
3.5.4 Brazil
3.6 Energy management system Industry Impact forces
3.6.1 Growth drivers
3.6.1.1 Stringent government norms
3.6.1.2 Increasing infrastructure spending
3.6.1.3 Growing Electricity demand
3.6.2 Industry pitfalls & challenges
3.6.2.1 High initial investment
3.7 Growth potential analysis
3.8 Porter’s analysis
3.9 Competitive landscape, 2015
3.9.1 Strategy dashboard
3.10 PESTEL analysis
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The government of Italy has unveiled the Energy Efficiency Certificate trading scheme to target energy service company entities, which focusses on building sector. Reviewed government schemes to increase the energy efficiency saving is anticipated to fuel the business growth. The energy saving goal increased by more than 40% (USD 9.61 million) in 2016.
Qatar contributed over 5% of Middle East & Africa energy management system market share in 2015. Growing population coupled with rapid industrialization are the factors responsible for industry growth from 2016 to 2024.
Growing electricity demand will further complement the energy management system market. Indonesian energy demand is anticipated to grow on account of increasing social and economic development and rising population. With an aim to meet the increasing electricity demand, the country targets to raise power capacity to 137 GW by 2025 compared with 55.5 GW by 2015.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1115
Geopolitical measures to reduce emissions, with increasing demand for reliable and clean power will fuel energy management system market share. European Union has announced Energy Performance of Buildings directive with the aim to encourage cost effective improvement to improve the overall building efficiency. The government is also planning to renovate the new and existing buildings into zero energy by 2020. These government measures to control the carbon footprint is anticipated to fuel the energy management system market.
Top Key Players:-
Major participants in energy management system market are Schneider Electric, ABB, IBM, CA Technology, Honeywell, GENERAL ELECTRIC, Siemens AG, Eaton, Cisco Systems, Johnson Controls, and Emerson Electric.
Market share calculation in this report is not done based on companies covered in it. The calculation of energy management system market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1115
Regional Segmentations: -
Germany was valued over 25% of Europe energy management system market share in 2015. The German government has unveiled several programs including National Action Plan on Energy Efficiency, to promote investment in energy efficient building & products and innovative industrial operations. The authorities have also offered SMEs subsidy of at least 30% to improve the efficiency of manufacturing process by upgrading technologies and equipment. The country targets to cut its energy consumption to 20% by 2020.
Global BEMS energy management system market share contributed over 19% in 2015. Building standards and codes for commercial and residential structures will propel the business growth. The U.S. energy management system market accounted for over 4 billion in 2015. Increasing adoption of smart meters to optimize, monitor and control the energy consumption will stimulate the business growth. The regional government initiatives for smart grid roll-out, emergence of cloud platform, requirement of operational efficiency for utilities and reducing cost of IoT components will positively impact the demand of the system across the globe.
Partial Chapter of the Table of Content
Chapter 1 Methodology & Scope
1.1 Research Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Research scope and assumptions
1.2 Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2 Executive Summary
2.1 Energy management system industry 3600 synopsis, 2013 - 2024
2.1.1 Current business environment
2.1.2 Service trends
2.1.3 Component trends
2.1.4 Regional trends
Chapter 3 Energy management system Industry Insights
3.1 Industry segmentation
3.2 Industry Size and forecast, 2013 – 2024
3.3 Energy management system industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Innovation & sustainability
3.5 Regulatory framework
3.5.1 U.S.
3.5.2 Europe
3.5.3 China
3.5.4 Brazil
3.6 Energy management system Industry Impact forces
3.6.1 Growth drivers
3.6.1.1 Stringent government norms
3.6.1.2 Increasing infrastructure spending
3.6.1.3 Growing Electricity demand
3.6.2 Industry pitfalls & challenges
3.6.2.1 High initial investment
3.7 Growth potential analysis
3.8 Porter’s analysis
3.9 Competitive landscape, 2015
3.9.1 Strategy dashboard
3.10 PESTEL analysis
Browse Full Report @ https://www.gminsights.com/industry-analysis/energy-management-system-EMS-market
The government of Italy has unveiled the Energy Efficiency Certificate trading scheme to target energy service company entities, which focusses on building sector. Reviewed government schemes to increase the energy efficiency saving is anticipated to fuel the business growth. The energy saving goal increased by more than 40% (USD 9.61 million) in 2016.
Qatar contributed over 5% of Middle East & Africa energy management system market share in 2015. Growing population coupled with rapid industrialization are the factors responsible for industry growth from 2016 to 2024.
Growing electricity demand will further complement the energy management system market. Indonesian energy demand is anticipated to grow on account of increasing social and economic development and rising population. With an aim to meet the increasing electricity demand, the country targets to raise power capacity to 137 GW by 2025 compared with 55.5 GW by 2015.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results