Companiesandmarkets.com

EMS market led by GE, Siemens, and Schneider

Press Release   •   Aug 21, 2013 09:17 BST

The energy management systems market (EMS) has been forecast to increase at a compound annual growth rate (CAGR) of approximately 17.2% over the next five years, increasing from a value of $17.4 billion at the beginning of 2013, to a total of $38.5 billion by 2018.

The EMS vendor landscape is highly fragmented with multiple offerings ranging from simple energy monitoring dashboards to complex energy management softwares with high degree of analytics.

Larger players in this domain such as GE, Siemens, and Schneider have a comprehensive robust portfolio of products and services encompassing almost all categories of EMS applications and have a strong foothold especially in utility and industrial EMS.

Although smaller emerging players in other categories such as DR and ECEM with innovative technologies and niche expertise have been able to make a mark by creating value innovation for their customers.

An EMS is a system of computer-aided tools used by operators of electric utility grids to monitor, control, and optimise the performance of the generation and/or transmission system.

The monitor and control functions are known as SCADA; the optimization packages are often referred to as "advanced applications".
Manufacturers of EMS also commonly supply a corresponding dispatcher training simulator (DTS). This related technology makes use of components of SCADA and EMS as a training tool for control centre operators. It is also possible to acquire an independent DTS from a non-EMS source such as EPRI.

Energy management systems are also often commonly used by individual commercial entities to monitor, measure, and control their electrical building loads. Energy management systems can be used to centrally control devices like HVAC units and lighting systems across multiple locations, such as retail, grocery and restaurant sites.

The implementation of energy management practices in the future will depend largely upon stringent government policies regarding energy efficiency and conservation as well as market education of end-users about the importance of saving energy and improving bottom-line profits.

For more information on the EMS market, see the latest research: EMS Market

Follow us on Twitter @CandMResearch

Companiesandmarkets.com issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.