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Global energy management system market was valued at USD 20.49 billion in 2014 and is expected to reach USD 58.59 billion by 2022, growing at a CAGR of 14.3% from 2015 to 2022.
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Hexa Reports Market Research Reports and Insightful Company Profiles Energy Management Systems Market Analysis, Share and Size, Emerging Trends, Overview and Outlook, Growth And Segment Forecasts To 2022 The global energy management systems (EMS) market is expected to reach USD 58.59 billion by 2022, according to a new report by Grand View Research, Inc. Growing concern towards energy prices coupled with increasing green building construction particularly in economies China, India, Japan, UAE and Germany is anticipated to drive global EMS market growth over next seven years. High growth markets of Asia Pacific and Europe have been focusing on optimization of energy systems and efficient urbanization plans. Growing concern towards industrial and commercial waste has urged governments to adopt strategies for efficient construction of urban and industrial establishments. Browse Detail Report With TOC @ http://hexareports.com/report/energy-management-systems- market/details Technology used in EMS is still expensive as there is high cost of R&D involved. The capital spending is highly correlated with the financial health of the company. In addition, the return on investment is gradual, and may take a period of nearly 3-4 years. High investment and longer payback period proves to be a major challenge for the market. Industrial EMS emerged as the leading product segment and accounted for over half of the total revenue in 2014. Surging energy demand in various end-use sectors such as power & energy, IT & telecom, and manufacturing has urged companies to adopt sustainable solutions for optimum utilization
Hexa Reports Market Research Reports and Insightful Company Profiles of energy. Favorable government initiatives coupled with integration of information technology solutions is expected to drive demand for industrial segment over the next seven years. Further key findings from the report suggest: Global energy management system market was valued at USD 20.49 billion in 2014 and is expected to reach USD 58.59 billion by 2022, growing at a CAGR of 14.3% from 2015 to 2022. Sensors were the most consumed component and accounted for over 35% of the global market in 2014. Deploying of remote sensors and real-time information optimize system performance and improve standards of safety. Growing concern towards monitoring of drainage systems is expected to drive sensors segment demand over the next seven years. Power & energy segment was the largest application vertical and accounted for over 41% of global revenue share in 2014. This sector is expected to maintain its dominance over the next seven years, owing to shifting trend towards Commercial sector accounted for over 80% of the total installation in 2014. Rising concerns towards reducing operating costs and power optimization in large as well as small scale enterprises is expected to drive demand in near future. modernization of electricity grids. North America witnessed high penetration of EMS and was valued over USD 8.5 billion in 2014. Favorable government initiatives coupled with surging energy demand in power generation and manufacturing sectors are anticipated to drive regional market growth in next seven years. EMS industry is moderately consolidated with presence of leading companies such as Elster Energy, Honeywell, Schneider Electric, and Siemens dominating global energy management system industry in 2014. Other significant players operating in the global market include C3 Energy, Gridpoint, Johnson Controls Inc., IBM, and Powerhouse Dynamics. Request A Sample copy of This Report @ http://hexareports.com/sample/98190 Table of Content Chapter 1 Methodology & Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary 2.1 Energy Management System (EMS) – Industry Summary & Key Buying Criteria Chapter 3 Energy Management System (EMS) Industry Outlook 3.1 EMS Market segmentation 3.2 Market size and growth prospects, 2012-2022
Hexa Reports Market Research Reports and Insightful Company Profiles 3.3 EMS value chain analysis 3.3.1 Vendor Landscape 3.4 EMS market dynamics 3.4.1 Market driver analysis 18.104.22.168 Improving energy efficiency 22.214.171.124 Energy price volatility 126.96.36.199 Regulatory mandate and incentive program 3.4.2 Market restraint analysis 188.8.131.52 Longer payback period and hidden costs 3.5 Key opportunities prioritized 3.6 EMS – Company market share analysis 3.7 Industry analysis –Porter’s 3.8 EMS– PESTEL analysis Chapter 4 Energy Management System (EMS) Product Outlook 4.1 Global EMS market share by product product, 2014 & 2022 4.2 Industrial Energy Management System (IEMS) 4.2.1 Market estimates and forecast, 2012 – 2022 4.2.2 Market estimates and forecast by region, 2012 - 2022 4.3 Building Energy Management System (BEMS) 4.3.1 Market estimates and forecast, 2012 – 2022 4.3.2 Market estimates and forecast by region, 2012 - 2022 4.4 Home Energy Management System (HEMS) 4.4.1 Market estimates and forecast, 2012 – 2022 4.4.2 Market estimates and forecast by region, 2012 - 2022 Browse Full Report @ http://hexareports.com/report/energy-management-systems-market/details About Us: Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
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