1 / 2

Global Energy Management Systems Market Outlook for 2022-2028

The Global Energy Management Systems Market is likely to reach $24453.90 million by 2028, with a CAGR of 15.91% during the forecast period 2022-2028. Read More.

tritonmarketresearch
Download Presentation

Global Energy Management Systems Market Outlook for 2022-2028

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. GlobalEnergyManagementSystemsMarketOutlookfor2022-2028 TritonMarketResearchpresentstheGlobal Energy Management Systems MarketreportsegmentedbyType(HomeEMS,BuildingEMS,IndustrialEMS),byComponent(Services {Maintenance,Implementation&Integration,Consulting&Training,Monitoring&Control}, Software,Hardware{Sensors,Controllers,Actuators,Thermostats,OtherHardwareComponents}),byEnd-user(Healthcare,Retail&Offices,Manufacturing,Power&Energy,Telecom&IT,OtherEnd-users),byGeographicalRegion(NorthAmerica,Europe,Asia-Pacific,LatinAmerica,MiddleEastandAfrica),discussingMarketSummary,IndustryOutlook,MarketDrivers,MarketChallenges,MarketOpportunities,CompetitiveLandscape,ResearchMethodology&Scope,andGlobalMarketSize,Forecasts,&Analysis(2022-2028). TritonMarketResearch’sreportontheGlobalEnergyManagementSystemsMarketstatesthatthemarketwouldevolveataCAGRof15.91%overtheforecastingperiodfrom2022to2028. RequestFreeSampleReport: https://www.tritonmarketresearch.com/reports/energy-management-systems-market#request-free-sample

  2. Risingenvironmentalissues,suchasnaturaldisasters,climatechange,andglobalwarming,haveresultedinincreaseddemandforsustainableresourcemanagementforefficientenergyusage.Thiscallsfortheuseofenergymanagementsystems,forwhichagrowingnumberofgovernmentpolicieshavebeenimplementedacrosstheworld.Theeffortsbygovernmentsworldwideareakeyfactorexpectedtobolsterthegrowthofthestudiedmarketovertheforecastperiod.Risingenvironmentalissues,suchasnaturaldisasters,climatechange,andglobalwarming,haveresultedinincreaseddemandforsustainableresourcemanagementforefficientenergyusage.Thiscallsfortheuseofenergymanagementsystems,forwhichagrowingnumberofgovernmentpolicieshavebeenimplementedacrosstheworld.Theeffortsbygovernmentsworldwideareakeyfactorexpectedtobolsterthegrowthofthestudiedmarketovertheforecastperiod. However,highinitialcostsareassociatedwithenergymanagementsystems,includingtheirmaintenancecosts.Severaltimes,expendituresalsoincreaseduetoadditionalequipmentrequired.ThehighcostsofEMSarethusexpectedtonegativelyaffectthemarket’sdevelopment. Europeaccountedforthelargestshareintheglobalmarketforenergymanagementsystemsin2021.Theregionisexpectedtomaintainitsdominanceuntiltheendoftheforecastedperiod.Thesurgingelectricitydemand,alongwiththeincreaseduseofsmartgriddevices,hasenhancedthedemandforenergymanagementsystemshere. Also,theparliamentoftheEuropeanUnionagreedwiththememberstatestoreduceCO2emissionsbyatleast55%by2030,comparedwiththe1990levels.SuchstringentregulationsconcerningthemitigationofenvironmentalemissionsandcarbonfootprintsareexpectedtofosterthegrowthoftheEuropeanEMSmarketduringtheforecastperiod. EnergyHub,GeneralElectricCompany,EnelX,Uplight,C3AI,JohnsonControlsInc,Emerson,GridPoint,RockwellAutomationInc,Dexma,BroadcomInc,SchneiderElectric,IBMCorporation,CiscoSystemsInc,Siemens,HoneywellInternationalInc,andEatonCorporationPlcaresomeofthenotableplayersoperatinginthismarket. Aspiringmarketplayersfaceentrybarriers,suchashighupfrontcosts,skilledpersonnel,theneedforgreateraccesstodistributionchannels,andtimetoestablishabrandinthemarketplace,coupledwiththealreadyexistingcompetitionduetothepresenceofindustrygiants.Inaddition,theirwidegeographicalreachandportfoliosofcutting-edgesystemsmakeitdifficultfornewentrantstocreateaspaceforthemselvesinthemarket.Thus,thethreatofnewentrantsintheEMSmarketisconsiderablylow. ContactUs:sales@tritonmarketresearch.comPhone:+447441911839

More Related