Stratistics Market Research Consulting

Global Energy Management Market Size, Share, Analysis, Report and Forecast to 2022

Press Release   •   Feb 13, 2017 00:59 EST

The technological advancements leading to enhanced product quality with user-friendly designs are the key market trends observed.The latest design requires less time to operate and low skilled labor thus reducing the maintenance cost. Favorable government regulations and policies are fueling the Energy Management market. The lengthy return on investment is the only major hurdle impacting the market growth. The opportunities for Energy Management market lies in increase in demand for Energy management from both commercial and residential sectors.

EMS segment has the largest market for energy management systems and would continue to grow at a considerable rate during the forecast period. Building Energy Management System (BEMS) is likely to grow swiftly and would drive the market significantly by the year 2022. The European government provides support and subsidies to encourage adoption of Home Energy Management System (HEMS), thereby creating more demand and contributing to the global market. The adoption of BEMS is expected to grow rapidly due to its varied application in verticals namely, Telecom and IT, Municipal, University, School, and Hospital System (MUSH), Educational institutions and Universities, Healthcare and Commercial building etc.

Global energy management market is mainly segmented by component, by end user, by vertical and by geography. Based on component, energy management markets are further segmented into smart thermostats, smart plugs, load control switches (LCS), and in-house display. Based on end user, energy management markets are further segmented into home energy management system (HEMS), building energy management system (BEMS). Based on vertical, energy management markets are further segmented into power and energy (P&E), manufacturing, municipal, university, school, and hospital system (MUSH), Telecom & IT, office and commercial building. Energy Management market, by geography is segmented into North America, Europe, Asia Pacific, and Rest of the World. Asia-Pacific is forecasted to be one of the most profitable markets in terms of growth, given the economy is evolving rapidly.

The key players in the Energy Management market include, Siemens AG, General Electric Company, CA Technologies, Cisco Systems, Inc., Eaton Corporation Plc, Honeywell International, Inc., Elster Group GMBH, Emerson Process Management, and Schneider Electric Se.

For More, Please Visit:http://www.strategymrc.com/report/global-energy-management-market-outlook-2014-2022

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

For More, Please Visit:http://www.strategymrc.com/report/global-energy-management-market-outlook-2014-2022

We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.