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Energy Management System Market, By Software (Utility EMS, Industrial EMS, Residential EMS), By Solution (Carbon Energy Management, Demand Response Management, Utility Billing & Customer Information System), By Verticals (IT & Telecommunication, Energy & Power, Healthcare, Manufacturing) - Forecast 2023.

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energy management system research report forecast

Energy Management System

Research Report:

Forecast to 2023

Energy Management System Research Report: Forecast to 2023

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Copyright © 2017 Market Research Future.

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Energy Management System Research Report: Forecast to 2023

VIEW REPORTS

SAMPLE REPORTS

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Energy Management System Research Report: Forecast to 2023

Summary

Energy management system is the system that monitors and conserves energy in a building or an

organization. This system meters the energy consumption and collects the data required for

conserving energy. This system tracks the progress by analyzing the meter data and monitoring the

results obtained. This system takes actions to target the factors causing energy conservation such as

tackling the routine waste and replacing it with equipment.

The driving factors for energy management system market include rising awareness among people

to improve environment quality, increasing demand for green environment all around the world,

awareness among factory owners to implement energy management systems for their production

units in order to have healthy environment have led to growth of energy management systems in the

market. The advantage of using this system is that it reduces costs due to which most of the

organization can save up to half percent of fuel by managing the energy use. The only drawback is

that some of the organization do not see energy management as an opportunity to improve

performance and reduce costs.

The energy management system market is expected to grow at USD ~89 Billion by 2023, at ~18% of

CAGR between 2017 and 2023.

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Energy Management System Research Report: Forecast to 2023

Market Highlights

Regional analysis for energy management system market is studied in different geographic

regions such as North- America, Europe, Asia-Pacific and Rest of the World. North America is

expected to be leading player due to increasing demand for home energy management

systems which are implemented in residential sector. These systems provide healthy

environment and help to reduce global warming which has led to growth in the market share

in North America. Europe is estimated to acquire second largest market share due to

increased adoption of these systems in power and energy.

The energy management system market is growing rapidly over 18% of CAGR and is expected

to reach at USD ~89 billion by the end of forecast period.

Energy management system provides improvement in energy performance. This system is

suitable for all the organization irrespective of size and sector. These systems set energy

objectives & targets and implement it to obtain the required results. The long term benefits

obtained from these systems are reduced costs year after year, reduced energy consumption

over a long term and influencing the energy requirements of the particular industry.

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Energy Management System Research Report: Forecast to 2023

Major Key Players:

Honeywell International Inc. (U.S.),

Cisco Systems Inc. (U.S.),

International Business Machines Corporation (U.S.),

Siemens AG Ltd. (Germany),

Eaton Corporation PLC (Ireland),

CA Technologies (U.S.),

Emerson Electric Company (U.S.),

Daikin Industries Ltd. (Japan),

Carma Industries Inc. (Canada),

Enernoc Inc. (U.S.),

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Energy Management System Research Report: Forecast to 2023

Segments:

Energy management system market is segmented on the basis of software, solutions and vertical.

Energy management system market by Software:

Utility EMS

Industrial EMS

Residential EMS

Enterprise Carbon And Energy Management

Energy management system market by Solution:

Carbon energy management

Demand response management

Utility billing and customer information system

Energy management system market by Verticals:

IT & Telecommunication

Energy & Power

Healthcare

Manufacturing

Office and Commercial Buildings

Others

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Energy Management System Research Report: Forecast to 2023

Regional Analysis:

The regional analysis of energy management system market is being studied for region such as Asia

Pacific, North America, Europe and Rest of the World. North America is estimated to acquire largest

market share in this market because of increasing demand for adoption of building energy

management systems (BEMS) which has led to healthy environment across the building. Europe is

expected to be second largest region because of government initiatives for implementation of energy

saving plans and promotion of renewable energy resources.

Study Objectives of Energy Management System

Market:

To provide detailed analysis of the market structure along with forecast of the various

segments and sub-segments of the energy management system

To provide insights about factors affecting the market growth.

To analyze the energy management system market based porter’s five force analysis etc.

To provide historical and forecast revenue of the market segments and sub-segments with

respect to four main geographies and their countries- North America, Europe, Asia, and Rest

of the World (ROW).

To provide country level analysis of the market with respect to the current market size and

future prospective.

To provide country level analysis of the market for segment on the basis of software, solution

and vertical.

To provide strategic profiling of key players in the market, comprehensively analyzing their

core competencies, and drawing a competitive landscape for the market.

To track and analyze competitive developments such as joint ventures, strategic alliances,

mergers and acquisitions, new product developments, and research and developments in

the energy management system

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Energy Management System Research Report: Forecast to 2023

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