Press release
Energy Management System Market, Share, Industry Trends & Forecast to 2025
The energy management system market is projected to showcase a lucrative growth during the forecast period. An energy management system consists of computer-aided tools used for the monitoring, controlling, and optimizing electricity generation or the transmission system. The electricity price is continuously increasing, therefore, the need for energy-saving systems is increasing across the globe. The technological advanced new product launches by the key players of the energy management system market are making a major contribution to the growth of the market across the globe.Request a free sample of our report on Energy Management System Market: https://www.omrglobal.com/request-sample/energy-management-system-market
In July 2019, KBC Company had introduced Visual MESA Energy Management System 6.1 (VM-EMS) which is designed specially toperform several industrial functions. The use of Visual MESA facilitates the reduction of energy costs by offering a suitable suggestion regarding scheduling in real-time activities. The use of VM-EMS provides an instant and accurate responsetowards the dynamic process demand which gets adapted to the current operations automatically. VM-EMS can easily be accessed by the use of web browsers on mobile devices thereby offering operators to optimize and monitor energy costs and emissions on-the-go. The launch of systems like VM-EMS, Smappe Infinity among others is expected to drive the market growth.
A full report of Global Energy Management System Market is available at: https://www.omrglobal.com/industry-reports/energy-management-system-market
In February 2019, Smappee, a smart energy monitoring manufacturer had introduced Smappee Infinity. The Smappee Infinity had made this product to cater to the needs of Energy Service Companies (ESCOs) and OEM customers. Moreover, the use of Smappee Infinity offers its users with necessary insights and tools for the management of energy flows in their homes, offices, or buildings thereby optimizing the use of their renewable energy.
Current Market trends covered in the market report
The rapid adoption of renewable sources of energy.
Deployment of “smart” technologies for metering, communications concerning grid operations and status, and distribution automation.
New product launches fueling the growth of the energy management system market.
Partnerships & collaborations-key drivers of competition in the energy management system market.
High installation cost hindering the market growth.
Introduction of the smart energy management system-major opportunity for the market.
Global Energy Management System Market Segmentation
By Component
Software
Hardware
By System Type
Home Energy Management System
Building Energy Management System
Industrial Energy Management System
By End-User
Home
Buildings
Hospitals
Telecom & IT
Others
Global Energy Management System Market – Segment by Region
North America
US
Canada
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Latin America
Middle-East Africa
Company Name: Orion Market Reports
Contact Person: Mr. AnuragTiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404
Orion Market Research (OMR) is an Indian market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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