Energy Management Systems Market Size, Share, Trend Analysis, Market Growth by Technology Application and Segment Forecasts to 2022
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Hexa Reports
Market Research Reports and Insightful Company Profiles
Energy Management Systems Market Size, Share,
Trend Analysis, Market Growth By Technology
Application And Segment Forecasts To 2022
The global energy management systems (EMS) market is expected to reach USD 58.59 billion by
2022, according to a new report by Grand View Research, Inc. Growing concern towards energy
prices coupled with increasing green building construction particularly in economies China, India,
Japan, UAE and Germany is anticipated to drive global EMS market growth over next seven years.
High growth markets of Asia Pacific and Europe have been focusing on optimization of energy
systems and efficient urbanization plans. Growing concern towards industrial and commercial waste
has urged governments to adopt strategies for efficient construction of urban and industrial
establishments.
Browse Detail Report With TOC @ http://www.hexareports.com/report/energy-managementsystems-market/details
Further key findings from the report suggest:
Global energy management system market was valued at USD 20.49 billion in 2014 and is expected
to reach USD 58.59 billion by 2022, growing at a CAGR of 14.3% from 2015 to 2022.
Sensors were the most consumed component and accounted for over 35% of the global market in
2014. Deploying of remote sensors and real-time information optimize system performance and
improve standards of safety. Growing concern towards monitoring of drainage systems is expected
to drive sensors segment demand over the next seven years.
Power & energy segment was the largest application vertical and accounted for over 41% of global
revenue share in 2014. This sector is expected to maintain its dominance over the next seven years,
owing to shifting trend towards modernization of electricity grids.
Commercial sector accounted for over 80% of the total installation in 2014. Rising concerns towards
Hexa Reports
Market Research Reports and Insightful...
Market Research Reports and Insightful Company Profiles
Energy Management Systems Market Size, Share,
Trend Analysis, Market Growth By Technology
Application And Segment Forecasts To 2022
The global energy management systems (EMS) market is expected to reach USD 58.59 billion by
2022, according to a new report by Grand View Research, Inc. Growing concern towards energy
prices coupled with increasing green building construction particularly in economies China, India,
Japan, UAE and Germany is anticipated to drive global EMS market growth over next seven years.
High growth markets of Asia Pacific and Europe have been focusing on optimization of energy
systems and efficient urbanization plans. Growing concern towards industrial and commercial waste
has urged governments to adopt strategies for efficient construction of urban and industrial
establishments.
Browse Detail Report With TOC @ http://www.hexareports.com/report/energy-managementsystems-market/details
Further key findings from the report suggest:
Global energy management system market was valued at USD 20.49 billion in 2014 and is expected
to reach USD 58.59 billion by 2022, growing at a CAGR of 14.3% from 2015 to 2022.
Sensors were the most consumed component and accounted for over 35% of the global market in
2014. Deploying of remote sensors and real-time information optimize system performance and
improve standards of safety. Growing concern towards monitoring of drainage systems is expected
to drive sensors segment demand over the next seven years.
Power & energy segment was the largest application vertical and accounted for over 41% of global
revenue share in 2014. This sector is expected to maintain its dominance over the next seven years,
owing to shifting trend towards modernization of electricity grids.
Commercial sector accounted for over 80% of the total installation in 2014. Rising concerns towards
Hexa Reports
Market Research Reports and Insightful...