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May 8, 2019 3:44 AM ET

Energy Management Systems (EMS) Market: Global Industry Analysis and Forecast 2019-2024

Energy Management Systems (EMS) Market: Global Industry Analysis and Forecast 2019-2024

iCrowd Newswire - May 8, 2019

Global Energy Management Systems EMS Market

Energy Management Systems (EMS) is a solution including software and associated hardware and communication systems for energy efficiency improvement. EMS have wide applications areas spread across different verticals such as telecom and IT, power and energy, commercial and office buildings, manufacturing, and hospital, municipal, school and university Systems. The Energy Management Systems (EMS) market is highly fragmented with various offerings extending from simple to complex energy monitoring dashboards and software including analytics of high degree.

The adoption of energy management systems depend mainly upon rigorous government regulations regarding conservation and energy efficiency coupled with market awareness of end-users regarding the importance of energy conservation and improving profits. However, there are multiple factors hindering the growth of the market such as during economic slowdowns energy management automatically takes the back seat and because of financial limitations application of EMS gets converted into a secondary goal. The organization focuses more on production than on energy efficiency in the business setups. Creating awareness among end users about energy management can be challenging as end users and the enterprises are more concern about initial cost than on long term benefits.

According to this study, over the next five years the Energy Management Systems EMS market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global revenue market share of key companies in Energy Management Systems EMS business, shared in Chapter 3.

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This report presents a comprehensive overview, market shares and growth opportunities of Energy Management Systems EMS market by product type, application, key companies and key regions.

This study considers the Energy Management Systems EMS value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Power & Energy
Telecom & IT

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
United States
Southeast Asia
Middle East & Africa
South Africa
GCC Countries

For full details – https://www.planetmarketreports.com/reports/global-energy-management-systems-ems-market-growth-status-and-outlook-2019-2024

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Johnson Controls
Schneider Electric
ABB Group
Cisco Systems
Eaton Corporation
Emerson Electric
Rockwell Automation
Delta Electronics, Inc.
Yokogawa Electric Corporation

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Energy Management Systems EMS market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Energy Management Systems EMS market by identifying its various subsegments.
Focuses on the key global Energy Management Systems EMS players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Energy Management Systems EMS with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the size of Energy Management Systems EMS submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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