DUBLIN--(BUSINESS WIRE)--The "Energy Management Systems Market by Offering, Component, Service, Type, End User, and Market Vertical - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.
The global energy management systems market size is expected to reach $62.3 billion by 2023, from $25.9 billion in 2016, growing at a CAGR of 13.5% during the forecast period.
Energy management systems allow organizations to collect information related to energy consumption through monitoring, assessing, and visualizing energy consumption.
The demand for energy management systems is on a rapid increase, as these systems help reduce energy cost and increase productivity. Moreover, the government regulations toward energy efficiency have raised the demand for energy management products. Further, the development of public utilities, infrastructure through application of smart solution under the Smart Cities projects is also expected to drive the growth of EMS market in the coming years.
On the basis of offerings, it is classified into services and systems. Based on components, the global energy management systems market is classified into sensor, controller, software, and others. The end-user industry is divided into residential and commercial segment. In 2016, North America was the highest contributor to the energy management systems market and is anticipated to secure the leading position during the forecast period, owing to rapid technological development, innovation, and economic conditions.
- C3 Energy
- Delta Electronics, Inc.
- General Electric Company
- GridPoint Inc.
- Honeywell International Inc.
- Johnson Controls International plc
- Schneider Electric S.E.
- Siemens AG
- Yokogawa Electric Corporation
Key Topics Covered:
2: Executive Summary
3: Market Overview
4: Energy Management System Market, By Offering
5: Energy Management System Market, By Component
6: Energy Management System Market, By Service
7: Energy Management System Market, By Type
8: Energy Management System Market, By End-User
9: Energy Management System Market, By Market Vertical
10: Energy Management System Market, By Region
11: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/pn3bnd/global_energy?w=4