Energy Management Systems Market Growing at 17.2% CAGR Globally to 2018
ReportsnReports.com offers an EMS market research report titled Energy Management Systems (EMS) Market (Utility EMS, Industrial EMS, EnterpriseEMS, Demand Response, Energy Management Devices, HEMS, BEMS) – Worldwide Market Forecasts and Analysis (2013 – 2018) in its store. The research reports that the EMS market is expected to grow from $17.4 billion in 2013 to$38.49 billion in 2018, at an estimated Compound Annual Growth Rate (CAGR) of 17.2% from 2013 to 2018.
The North American region is expected to be the prime market for Energy Management Systems (EMS) in terms of revenue contribution.
Energy Management System (EMS) is a turnkey solution comprising software and related hardware along with communication systems for various challenges faced by energy utilities in managing critical transmission and generation infrastructure. Energy utilities across the globe are under pressure to put off costly capital expenditures by reducing operational costs and enhance utilization of existing infrastructure assets. Utility EMS provides data acquisition and control functionalities to procure data from remote terminals, data and control exchange facilities with other control stations or corporate IT systems, and decision support system for energy utility network operators to analyze operating strategies.
Enterprise and industrial EMS are increasingly being adopted by organizations and manufacturing facilities for energy efficiency, optimizing energy consumption, utilizing dynamic pricing tariffs, and demand control thus reducing overall costs in operating a facility. Major EMS vendors include companies such as GE, Siemens, Schneider, Cisco, IBM, Honeywell, and so on.
The EMS market research report analyzes global adoption trends, future growth potential, key drivers, restraints, opportunities, and best practices in this market. The report also analyzes market sizes and revenue forecasts across different regions as well as industry verticals.
Companies profiled in this energy management systems market research report include C3 Energy, CA Technologies, Cisco SystEMS, Inc., Eaton Corporation Plc, Ecova Inc, Elster Group SE, Enernoc, General Electric Company, Honeywell International Inc., IBM Corporation, Powerit Solutions LLC, Schneider Electric SA, Siemens AG and Tendril. Inc. Key innovators like Calico Energy Services, Envizi, Cimetrics Inc., Energate Inc., Gridpoint Inc., Hara Software Inc., Instep Software LLC and Vigilent Corporation are also discussed in this research available for purchase at https://www.reportsnreports.com/Purchase.aspx?name=267361.
This EMS market research report categorizes the global market on the basis of software, devices, applications, solutions, industry verticals, and regions. The EMS research report categorizes the EMS market for forecasting the revenues and analyzing the trends in each of the following submarkets:
Complete report is available at https://www.reportsnreports.com/reports/267361-energy-management-systems-ems-market-utility-ems-industrial-ems-enterprise-ems-demand-response-energy-management-devices-hems-bems-worldwide-market-forecasts-and-analysis-2013-2018-.html.
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