Press release
Energy Management System Market (2022 to 2027): Top Companies Analysis, Growth, Trends, Share, Global Size and Opportunities
An energy management system (EMS) is a system of computer-aided tools used by operators of utility grids to control, monitor and optimize the performance of the transmission or generation systems. Some common types of EMS are home, building and industrial. It contains various components, including consumption monitors, a monitoring control app, a smart panel and smart circuits.
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COVID-19 Impact on Market: (Positive Impact)
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Energy Management System Market Trends and Drivers:
One of the primary factors driving the market is the extensive usage of energy management systems in residential buildings to control and monitor the energy needs and enhance the overall performance and energy efficiency of the buildings. Additionally, the escalating demand for EMS in enterprises to lower greenhouse gas emissions and reduce operational costs is propelling the market growth.
Besides this, the rising awareness amongst the masses regarding optimization and energy efficiency on account of the increasing energy consumption is another major growth-inducing factor. Moreover, the implementation of several government initiatives emphasizing sustainable energy usage and the rapid development of smart cities are also creating a positive market outlook.
Global Energy Management System Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these top key players include:
C3.ai Inc., Delta Electronics Inc., Eaton Corporation PLC, Emerson Electric Co., General Electric Company, Honeywell International Inc., Johnson Controls International PLC, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corporation and Yokogawa Electric Corporation.
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The report has segmented the market on the basis of region, component, type, application and end user.
Breakup by Component:
• Hardware
• Software
• Services
Breakup by Type:
• Home Energy Management Systems
• Building Energy Management Systems
• Industrial Energy Management Systems
Breakup by Application:
• Energy Generation
• Energy Transmission
• Energy Monitoring
Breakup by End User:
• Energy and Utilities
• IT and Telecommunication
• Manufacturing
• Retail
• Healthcare
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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