Global Energy Management Systems Market is expected to garner $44.4 billion by 2020, registering a CAGR of 13.75 % during the forecast period 2014-2020

Research Beam added report on “Energy Management Systems Global Market Market Overview, Analysis, Demand, Report, Trends, Growth and Research – Energy Management Systems Market by End User (Residential, Commercial), Type (IEMS, BEMS, HEMS), Components (Sensors, Controllers, Software) and Vertical (Power and Energy, Telecom and IT, Manufacturing, Retail and offices) - Global Opportunity Analysis and Industry Forecast, 2013 - 2020”

Research Beam study says Global energy management systems market is expected to garner $44.4 billion by 2020, registering a CAGR of 13.75 % during the forecast period 2014-2020, Request Sample Copy @ http://www.researchbeam.com/energy-management-system-market/request-sample

Energy management systems (EMS) are among the emerging technologies that enable an organization to collect real-time information on the net energy use through monitoring, assessing, and visualizing energy consumption.

This concept not only helps monitor energy consumption but also aids the organizations make data-driven decisions and enhance enterprise-level operation and financial decisions. Energy management systems are gaining popularity since they help operators gain a competitive advantage, increase their productivity, and reduce energy costs. In addition, the government policies toward energy conservation and the limited availability of fossils is drawing attention of the corporates. Based on geography, North America was the largest revenue-generating region in the energy management systems market in 2013. However, Asia-Pacific is expected to be a rapidly growing market with estimated revenue of $10.67 billion by 2020, growing at a CAGR of 19.1% during 2014‐2020. However, investment hurdles, longer payback period, and hidden costs are the factors that restrict the growth of global energy management systems industry. Numerous key players are operating in the market, which include Schneider Electric, Siemens AG, Honeywell International, Inc., Elster Energy, Johnson controls, Inc., Gridpoint, Inc., IBM, and C3 Energy. They have adopted various growth strategies to capture a larger portion of the energy management systems market share and increase their customer base. Product launches, partnerships, and acquisitions are the prime growth strategies adopted by these companies to sustain the intense competition in the market.

Segment Review:
The report analyzes the energy management system market based on type, verticals, end users, components, and geography. The component segment includes sensors, controllers, and software. Based on vertical industries, the market segments as power & energy, telecom & IT, manufacturing, retail and offices, and healthcare. The market is also segmented with respect to the type of energy management systems as Home Energy Management System (HEMS), or Residential EMS; Building Energy Management System (BEMS), or utility EMS; and Industrial Energy Management System (IEMS), or Industrial EMS. Based on end user, the market is bifurcated into residential and commercial.

TOP FACTORS IMPACTING GLOBAL ENERGY MANAGEMENT SYSTEMS MARKET

Energy Efficiency
Energy management system is becoming an essential tool for helping the industries, businesses, and individuals to become more energy efficient. The system helps organization and individual to monitor and reduce energy consumption, which eventually helps them to reduce the electricity expenses through a significant figure. The factors, such as rise in energy crisis as well as growth in industries in emerging economies (China and India for instance), are anticipated to positively affect the EMS market.

Energy-Price-Volatility
The prime source for the growth and development of an industry relies on energy that is typically derived from fossil fuels, which is non-renewable. Energy prices fluctuate because of changes in supply and demand, extreme weather conditions, and economic conditions. The consistently increasing demand for energy combined with price fluctuations are and would continue to affect company’s budget and financials. Energy management system will help companies manage their energy consumption, monitor energy wastage, and save on energy costs. With this rise in energy cost and the need for an energy-efficient system, the impact of this factor on the energy management systems industry would augment in the future.

ENERGY MANAGEMENT SYSTEM MARKET KEY BENEFITS:
The report includes extensive analysis of the factors driving as well as restraining the energy management systems market
The market projections for the period 2013‐2020 have been included along with factors that affect the same
The report also provides quantitative as well as qualitative market trends to help the stakeholders in understanding the situations prevailing in the market
An in-depth analysis of key segments of the market demonstrates stakeholders with different types of green solvents consumed across different industries on the globe
SWOT analysis enables to study the internal environment of the leading companies for strategy formulation
Competitive intelligence highlights the business practices followed by the leading market players across various geographies

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