Transparency Market Research Energy Management Systems (EMS) Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 - 2024 Published Date 03-March-2016 108 Page Report Buy Now Request Sample Press Release Energy Management Systems Market to Account for US$35.92 bn in Revenue by 2024:Transparency Market Research Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Energy Management Systems (EMS) Market REPORT DESCRIPTION Energy Management Systems (EMS) Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 - 2024 Transparency Market Research has released a new market report titled Energy Management Systems Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 - 2024. According to this report, the global market revenue for energy management systems stood at US$9.87 bn in 2014 and is expected to reach US$ 35.92 bn by 2024 at a CAGR of 13.4% from 2016 to 2024. Complete Report with TOC : http://www.transparencymarketresearch.com/energymanagement-systems-market.html Energy management is a systematic process for improving energy performance. Energy management systems facilitate efficient energy management by reducing losses and costs associated with energy consumption through advanced equipment and software products, thus optimizing consumption levels at economical rates. Typical energy management systems include a combination of hardware interfaced with software tools such as thermostats, lightening, HVAC, appliances and large equipment. Energy management systems are primarily employed by companies for improving utility consumption and for creating long term sustainable energy model. The application of energy management systems is wide 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 in the future. Growth in the market for energy management systems can be attributed to increased focus on higher energy efficiency and achieving operational targets at a low cost. 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 environmental concerns are building 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 company’s sustainability strategy. Energy management systems integrates with various business function inside an organization. Optimization of energy consumption along with integration of communication with smart grids would be critical for the energy management systems market. Energy management systems integrate software and hardware technologies through combination of digital electronics, communication and network technology, sensors, etc., thereby providing high flexibility in terms of design and installation for different functions within same organization. Energy management software is highly critical to analyze and optimize power consumption and gauge the optimal design required for different industries. Hardware components consist of physical devices for integrating systems such as server field equipment, monitoring devices and metering equipment. Communication networks provide connectivity and facilitates transmission of data Transparency Market Research 2 Energy Management Systems (EMS) Market and information throughout the energy management system. Control systems are used for interfacing the physical components with software systems, this facilitates management of communication systems providing an interface for the operators. Sensors are critical components connected to the energy consuming equipment for monitoring and controlling energy consumption. Sensors can be integrated with these equipment including ventilating systems, chillers and water heaters. High energy losses have resulted in energy poverty. The world currently lacks energy security and efficient access to electricity. Use of energy management systems usage in various applications such as industrial, building and home can make the world more energy efficient in line with the environmental and climate norms. Research and development activitiy, focusing on more efficient energy management solutions would overcome the challenge of energy poverty. Environmental and climate norms are focusing more on clean energy solutions. Reduction of energy usage is among the top priorities of corporate environmental management programs. Energy waste can be reduced through implementation of energy management systems. The energy management systems market has been segmented in terms of component, application and geography. By component, the energy management systems market has been segmented into hardware components, software, communication networks, control system and sensors and other equipment. By application, the market has been segmented into industrial, building and home. Hardware components held the largest share, followed by communication networks in 2014. By application, industrial held the largest share in 2014.The global energy management systems market is witnessing an influx of investments. Demand for energy management systems is projected to increase significantly in the near future as EMS would be utilized for the efficient energy management of industrial, building and home industries coupled with strict government regulations of minimizing carbon footprints globally. The energy management systems market has been segmented as follows: Energy Management Systems Market: By Component • Hardware Component • Software • Communications Networks • Control System • Sensors and Equipment Energy Management Systems Market: By Application Transparency Market Research 3 Energy Management Systems (EMS) Market • Industrial • Building • Home Energy Management Systems Market: By Region North America U.S. Canada Mexico Europe Germany U.K. Rest of Europe Asia Pacific Japan & South Korea China Rest of Asia Pacific Middle East & Africa Transparency Market Research 4 Energy Management Systems (EMS) Market Saudi Arabia A.E. Rest of Middle East & Africa South & Central America Brazil Argentina Rest of South & Central America Enquiry Before Buying :- http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=9647 TABLE OF CONTENT Section 01 Preface Report Description Research Scope Market Segmentation Research Methodology Section 02 Executive Summary Transparency Market Research 5 Energy Management Systems (EMS) Market Energy Management Systems Market: Snapshot Section 03 Energy Management Systems – Industry Analysis Introduction Value Chain Analysis Market Dynamics Market Drivers Market Restraints Market Opportunities Porter’s Five Forces Analysis Bargaining Power of Suppliers Bargaining Power of Buyers Threat from New Entrants Threat from Substitutes Degree of Competition Market Attractiveness Analysis Market Attractiveness Analysis, by Regional Segment (2014) Company Market Share Analysis (2014) Section 04 Energy Management Systems Market – Segment by EMS Component, by Revenue (US$ Mn), 2014-2024 Transparency Market Research 6 Energy Management Systems (EMS) Market Overview Hardware Components Software Communication Networks Control System Sensors and Other Equipments Section 05 Energy Management Systems Market – Segment By Application, By Revenue (US$ Mn), 2014-2024 Overview Industrial Building Home Section 06 Energy Management Systems Market – Segment By Geography, By Revenue (US$ Mn), 2014-2024 Overview North America U.S. Transparency Market Research 7 Energy Management Systems (EMS) Market Canada Mexico Europe Germany U.K. Rest of Europe Asia Pacific Japan & South Korea China Rest of Asia Pacific Middle East & Africa (MEA) Saudi Arabia A.E. Rest of Middle East & Africa (MEA) South & Central America (SCA) Brazil Argentina Rest of South & Central America Section 07 Company Profile Emerson Process Management Transparency Market Research 8 Energy Management Systems (EMS) Market Company Overview Financial Overview Business Strategy Recent Development (*Note: Similar segmentation will be provided for each companies mentioned below) Eaton Corporation Plc General Electric Company Honeywell International, Inc. Johnson Controls, Inc. Mitsubishi Electric Automation Pacific Controls Rockwell Automation, Inc. Schneider Electric Se Siemens AG Complete Report with TOC : http://www.transparencymarketresearch.com/energymanagement-systems-market.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. Transparency Market Research 9 Energy Management Systems (EMS) Market We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Transparency Market Research 10
According to Transparency Market Research (TMR), the key energy management systems players have a very strong grip on the global market. Siemens AG, Johnson Controls, Inc., and Schneider Electric SE are the top three players in this market and had collectively accounted for 50% of the revenue share in 2014. Emerson Process Management and Honeywell International operate on a global scale and hold wide energy management systems portfolios. Their products and services are a built to suit a wide array of end users. Transparency Market Research suggests that players in the energy management systems can focus towards emerging economies such as China and India, where the rapid industrialization rates are generating a rich environment for the implementation of modern EMS services.
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