Press release
What's driving the Energy Management System Market growth? Key Players are: Cisco Systems, IBM, Emerson Electric Corporation, CA Technology, GENERAL ELECTRIC, Schneider Electric, Honeywell International, Eaton Corporation, Siemens AG, ABB, Johnson Control
Germany energy management system market share contributed over 25% of regional revenue share in 2015. The government has introduced various programs including National Action Plan on Energy Efficiency, to encourage investment in energy efficient products &building and innovative industrial processes. The authorities have also provided SMEs subsidy of up to 30% for improving manufacturing process efficiency by upgrading equipment and technologies. The country has target to reduce 20% of its energy consumption by 2020.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/467887/?utm_source=openpr-VHS
Some of the key players in the energy management system market include Schneider Electric, Eaton Corporation, ABB, IBM, CA Technology, GENERAL ELECTRIC, Honeywell International, Siemens AG, Cisco Systems, Johnson Controls, and Emerson Electric Corporation.
Geopolitical measures to reduce the reduce emissions, with growing demand for clean and reliable power will propel energy management system market share. EU has introduced Energy Performance of Buildings (EPBD 2002/91/EC) directive with the prime objective to promote cost effective improvement to enhance the overall building efficiency. Regional government is also planning to convert the existing and new buildings into zero energy from 2020. These measures to curb the carbon footprints is predicted to drive the energy management system market.
Introduction of strict building codes and standards by regional government to encourage energy conservation will positively influence the energy management system market size from 2016 to 2024. In the U.S., standard 90.1 has been adopted to provides minimum requirements for energy efficient commercial building construction and design. Canada has adopted ISO 50001 to provide structured framework to organization towards energy efficiency. It also helps to reduce energy cost and other adverse environmental impacts.
Energy management system market share from control systems contributed 5% of global revenue share in 2015. Implementation can lower energy consumption by up to 15%, by providing you with the tools to make your lighting systems, HVAC, and plant equipment electricity use more efficient.
Global BEMS industry revenue share was more than 25% for 2015. Building codes and standards for residential and commercial structures will stimulate business. U.S. energy management system market size for 2015 was valued over 4 billion. Rising adoption of internet of things, smart meters to optimize, control and monitor the energy consumption will positively impact the business landscape.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/467887/?utm_source=openpr-VHS
The Italian government has introduced the Energy Efficiency Certificate trading scheme that targets energy service company entities and Conto Termico, which primarily focusses on building sector. Revised government schemes to raise the bar of energy efficiency saving is expected to stimulate the energy management system market share. In 2016, energy saving goal increased over 40% (USD 9.61 million).
For Middle East energy management system market size, Qatar accounted for over 5% of regional revenue share in 2015. Rapid industrialization coupled with growing population are some of factor responsible for business growth from 2016 to 2024.
Report 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 360 degree 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
Chapter 4 Energy management system service Insights
4.1 Energy management system market share by service, 2015 & 2024
4.2 IEMS
4.2.1 Global Energy management system market estimates and forecast from IEMS, 2013 - 2024
4.2.2 Global Energy management system market revenue from IEMS, by region, 2013 - 2024
4.3 BEMS
4.3.1 Global Energy management system market estimates and forecast from BEMS, 2013 - 2024
4.3.2 Global Energy management system market revenue from BEMS, by region, 2013 - 2024
4.4 HEMS
4.4.1 Global Energy management system market estimates and forecast from HEMS, 2013 - 2024
4.4.2 Global Energy management system market revenue from HEMS, by region, 2013 - 2024
Chapter 5 Energy management system component Insights
5.1 Energy management system market share by component, 2015 & 2024
5.2 Metering and field equipment
5.2.1 Global energy management system market estimates and forecast from metering and field equipment, 2013 - 2024
5.2.2 Global energy management system market revenue from metering and field equipment, by region, 2013 - 2024
5.3 Hardware
5.3.1 Global energy management system market estimates and forecast from hardware, 2013 - 2024
5.3.2 Global energy management system market revenue from hardware, by region, 2013 - 2024
5.4 Software
5.4.1 Global energy management system market estimates and forecast from software, 2013 - 2024
5.4.2 Global energy management system market revenue from software, by region, 2013 - 2024
5.5 Networking device
5.5.1 Global energy management system market estimates and forecast from networking device, 2013 - 2024
5.5.2 Global energy management system market revenue from networking device, by region, 2013 - 2024
5.6 Control systems
5.6.1 Global energy management system market estimates and forecast from control systems, 2013 - 2024
5.6.2 Global energy management system market revenue from control systems, by region, 2013 - 2024
5.7 Sensors
5.7.1 Global energy management system market estimates and forecast from sensors, 2013 - 2024
5.7.2 Global energy management system market revenue from sensors, by region, 2013 - 2024
5.8 Others
5.8.1 Global energy management system market estimates and forecast from others, 2013 - 2024
5.8.2 Global energy management system market revenue from others, by region, 2013 - 2024
More Details on this Report: https://www.marketstudyreport.com/reports/energy-management-system-ems-market/?utm_source=openpr-VHS
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's driving the Energy Management System Market growth? Key Players are: Cisco Systems, IBM, Emerson Electric Corporation, CA Technology, GENERAL ELECTRIC, Schneider Electric, Honeywell International, Eaton Corporation, Siemens AG, ABB, Johnson Control here
News-ID: 1707092 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Energy
Decentralized Energy Storage Market Is Booming Worldwide | Fuelcell Energy, Enph …
A new business intelligence report released by AMA with title "Decentralized Energy Storage Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Decentralized Energy Storage Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics…
Waste-To-Energy Technologies Market Top Growing Companies: Xcel Energy, Novo Ene …
Qurate Business Intelligence’s up-to-date research study on Waste-To-Energy Technologies was performed by highly qualified research professionals and industry experts. This is to provide an in-depth analysis on the Waste-To-Energy Technologies. The report is comprehensive and includes over 120 pages. The global energy market is witnessing a shift toward waste to energy technologies due to growing energy demands worldwide, the rapid depletion of conventional sources of energy, and concerns over…
Waste To Energy Market ||Novo Energy Ltd., Hitachi Zosen, Foster Wheeler A.G., S …
Zion Market Research published a new 110+ pages industry research "Global Waste to Energy Market Set For Rapid Growth, To Reach Value Around USD 42.74 Billion By 2024" is exhaustively researched and analyzed in the report to help market players to improve their business tactics and ensure long-term success. The authors of the report have used easy-to-understand language and uncomplicated statistical images but provided thorough information and detailed data on…
Energy As A Service Market by Top Manufacturers – WGL Energy Services, Engie, …
Global Energy as a service Market to reach USD 19,607.8 million by 2025.
Global energy as a service market valued approximately USD 965.5 billion in 2017 is anticipated to grow with a healthy growth rate of 45.70 % over the forecast period 2018-2025. Growing potential of renewable energy is considered as a key trend for the Energy as a service market over the forecast period. As renewable energy is driving energy…
In-Pipe Hydro Systems Market | key player - Lucid Energy, Rentricity, Tecnoturbi …
Looking at the current market trends as well as the promising demand status of the “In-Pipe Hydro Systems Market” it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assisting…
Global In-pipe Hydro Systems Market to 2025| Lucid Energy, Rentricity, Tecnoturb …
Albany, NY, 30th January : Recent research and the current scenario as well as future market potential of "In-Pipe Hydro Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" globally.
Global In-pipe Hydro Systems Market: Overview
This report analyzes and forecasts the market for in-pipe hydro systems at the global and regional level. The market has been forecast based on market share (percentages) and revenue (US$…
