Fri. Dec 13th, 2019

My Health Reporter

Leading Health News Website

Energy Management Systems Market Analysis by Top Key Players, Current Industry Status, Growth Opportunities, Target Audience and Forecast to 2015 – 2021

2 min read

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.

A sample of this report is available upon request @  https://www.persistencemarketresearch.com/samples/7042

The market can be segmented by software types into industrial EMS, utility EMS, residential EMS, enterprise energy and carbon management, and others. The market is by devices into load control (LC) switches, in-home displays (IHDs), smart plugs and smart thermostats. Furthermore by applications the market is segmented into home energy management systems (HEMS) and building energy management systems (BEMS); utility billing, Customer Information System (CIS) and solutions: demand response (DR).

In addition the market is segmented by business vertical on the basis of implementation into energy and power, commercial and office buildings; Municipal, University, School and Hospital Systems (MUSH); IT and telecom and manufacturing.

The major players in this market are GE Corporation, Siemens AG, Schneider Electric, Honeywell International Inc., among others.

You can now buy a Customization of the report @ https://www.persistencemarketresearch.com/request-customization/7042

Leave a Reply

Your email address will not be published. Required fields are marked *