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Energy Management System Market Global Trends and Technology Development 2026 by Key Players - Honeywell International, Inc., Schneider Electric SE, Siemens AG, International Business Machine Corporation, CA Technologies, General Electric Company, Eaton C

02-26-2019 01:02 PM CET | Energy & Environment

Press release from: ReportsWeb

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Increasing awareness about carbon footprint management, high demand in growing economies, rising energy consumption and price volatility are some of the key factors restricting the market growth. However, high initial cost of deployment and lack of financial resources are restricting the market.

Energy Management Information provides relevant information that makes energy performance visible to various levels of an organization, enabling individuals and departments to plan, make decisions and take effective action to manage energy. It can lead to productivity improvements through the continuous monitoring of energy performance, and savings opportunities that, once implemented, are sustained over the long term.

Top Companies Covered in this Report:
Honeywell International, Inc., Schneider Electric SE, Siemens AG, International Business Machine Corporation, CA Technologies, General Electric Company, Eaton Corporation PLC, Cisco Systems, Inc., Emerson Electric Company, Asea Brown Boveri (ABB) Ltd., Yokogawa electric corporation, Gridpoint inc., Dexma, Johnson controls international plc, Delta electronics, inc, Itron, Alertme.Com Ltd, Silver Spring Networks, Inc., Opower, Inc and Elster Group Gmbh.

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Global Energy Management System market is accounted for $35.50 billion in 2017 and is expected to reach $185.75 billion by 2026 growing at a CAGR of 20.2% during the forecast period.

Energy management systems (EMS) are one of the emerging technologies that enable an organization to collect real-time information on the energy use through monitoring, assessing, and visualizing energy consumption. Energy management systems are gaining popularity since they help gain competitive advantage, increase productivity, and reduce energy cost.

Amongst Component, Sensors held considerable market share during forecast period owing to technological advancements and real-time data tracking with enhanced efficiency of sensors. Commonly used sensors include thermal cameras, motion-detecting, optical cameras, and optical trip wires. By geography, North America is anticipated to have the largest market share and dominated the market during the forecast period due its wide acceptance in a variety of end users including retail, power, and manufacturing sectors.

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Fundamentals of Table of Content:

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Product Analysis
3.8 Emerging Markets

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

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