Research Beam added a report “Energy Management Information Global Market Outlook – Trends, Forecast, and Opportunity Assessment (2014-2022)”
The Global Energy Management Industry is valued at $14.32 billion in 2014 with CAGR of 11.7% it is expected to reach $29.32 billion by 2022. The increasing demand for cost reduction, enhanced efficiency and carbon management are driving the market growth. 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.
IEMS 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 reacting 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.
What our report offers:-
Table of Content
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Energy Management Market, By Component
5.2 Smart Thermostats
5.3 Smart Plugs
5.4 Load Control Switches (LCS)
5.5 In-House Display
6 Global Energy Management Market, By End User
6.2 Home Energy Management System (HEMS)
6.3 Building Energy Management System (BEMS)
6.4 Industrial Energy Management System (IEMS)
7 Global Energy Management Market, By Vertical
7.2 Power and Energy (P&E)
7.4 Municipal, University, School, and Hospital System (MUSH)
7.5 Telecom & IT
7.6 Office and Commercial Building
8 Global Energy Management Market, By Geography
With the arsenal of different search reports, Research Beam helps you here to look and buy research reports that will be helpful to you and your organization. Our research reports have the capability and authenticity to support your organization for growth and consistency. With the window of opportunity getting open and shut at a speed of light, it has become very important to survive in the market and only the fittest and competent enough can do so. So, we try and provide with latest changes in the market that can suit your needs and help you take decision accordingly.
5933 NE Win Severs Drive,
#205, Portland, OR 97220
U.S. & Canada Toll Free: + 1-800-910-6452
International: + 1-503-894-6022
UK: + 44-845-528-1300
India: +91 20 66346070
Fax: +1 (855) 550-5975