Energy Management Systems Market Research Report and Forecast Energy Management Systems (EMS) Market - Global In | Page 2

The scope of energy management systems is vast and extends from heating,
ventilation, air conditioning and infrastructure to supply chain. Growth potential for
the energy management systems market is provided by these energy consumption
avenues. With the development of software, and equipment technologies, the
market for energy management systems is expected to expand substantially.
Growth in the market for energy management systems can be attributed to higher
focus on increasing energy efficiency and achieving operational targets at low costs.
The market has received further impetus from rising environmental concerns to
reduce carbon footprints. Energy management systems eco system is evolving with
availability of several technologies and solutions, however, users of energy
management systems have been selective in terms of implementation. Regulations
related to energy consumption and environment concerns are shaping the next
wave of the energy management systems. These regulations would have a
significant impact on the energy management systems market in terms of
implementing energy management plan as a part of a company’s sustainability
strategy.
The energy management systems market is segmented in terms of component,
application and geography. By component the energy management systems market
is segmented into hardware components, software, communication networks,
control system and sensors and other equipment. By application the market is
segmented into industrial, building and home. The energy management systems
market was analyzed across five geographies: North America, South & Central
America, Europe, Asia Pacific, and Middle East & Africa. North America, held the
largest market share followed by Europe in 2014. Rise in awareness about the
benefits of energy management systems coupled with huge investments in energy
management systems solutions is the primary driver for the energy management
systems market in North America. South & Central America and Middle East & Africa
have experienced sluggish growth in the year 2014.
Regional data has been provided for each sub-segment of the energy management
systems market. Key market participants in the energy management systems
market include Emerson Process Management, Eaton Corporation Plc, General
Electric Company, Honeywell International, Inc., Johnson Controls, Inc., Mitsubishi
Electric Automation, Pacific Controls, Rockwell Automation, Inc., Schneider Electric
SE and Siemens AG.
Get accurate market forecast and analysis on the Energy Management
Systems market. Request a sample to stay abreast on the key trends
impacting this market.
http://www.transparencymarketresearch.com/sample/sample.php?
flag=S&rep_id=9647
Energy Management Systems Market: By Component
Hardware Component