Wireless News, Press Release Distribution

Submit RSS Feed | About US | Contact Us

Wireless News; Press Release Distribution Services

Home | Wireless News | Submit Press Release
Unlimited Press Release Distribution
Press release distribution service

Wireless Media
Cellular News
Daily Wireless
Digital Trends

Mobile Europe

NBC News Wireless
RCR Wireless
Wireless Week
Yahoo Wireless News
RSS News Feed
Get your news feed listed here as other news media shown above! Submit RSS News Feed

Virgin Mobile Logo

Wireless/Telecom News Releases

Energy Management Systems Market, Size, Share, Outlook and Growth Opportunities 2019-2026


(Wireless-NewsWire.Com, March 30, 2020 ) Market Overview
• The Global Energy management systems Market is expected to grow at a CAGR of 10% during the forecasting period (2019-2026). Factors such as increased investments for smart cities globally and modernization of aging infrastructure will further result in for double-digit growth in the global market over the forecast period.
• The report covers all the major trends and drivers playing a vital role in the growth of the global Energy Management Systems Market. The global Energy Management Systems Market has been segmented based on region, services, and application.

Download free sample: https://www.datamintelligence.com/download-sample/energy-management-systems-market

Market Dynamics
• The global Energy Management Systems Market growth is primarily driven by the growing need for rapid advancements in technology for efficient energy procurement and energy usage. Therefore, helping in gaining competitive advantage and increasing productivity at a reduced energy cost. Moreover, strict government mandates and regulations with the objective to reduce carbon footprint along with increasing demand for electricity will stimulate the product installation.
• In addition, one of the key drivers of increasing global electricity demand is urbanization. The tremendous growth in urbanization, especially in developing countries like India, China, and Brazil where new buildings in urban areas will increase electricity consumption, especially through demand for air conditioning and ventilation in such hot and tropical environments. According to the National Bureau of statistics China in 2018, the commercial building space sold in the region is increased from 157 million sq. meters in 2016 to 169.407 million sq. meters in 2017 and the residential buildings increased from 137.58 million sq. meters in 2016 to 144.788 million square meters in 2017, and these expected consistently during the forecast period.
• With rising urbanization and industrialization in developing, end-user will require Energy management systems. EMS helps building owners to monitor and control various systems in the building such as heating, cooling, elevator, lighting, among others efficiently. Therefore, reducing energy consumption and saving money for the end-users. Growing awareness about the benefits of EMS among end-users coupled with rapid urbanization will further boost the market over the forecast period.

Market Segmentation
• Based on services, the global Energy Management Systems Market can be classified into Monitoring & Control, Implementation & Integration, Maintenance, and Consulting & Training. In 2018, Monitoring & Control segment accounted for the majority share in the market and was expected to retain its dominant position over the forecast period. However, the consulting and training segment is expected to post the highest CAGR during the forecast period. Moreover, enhancing the long-term benefits of energy efficiencies especially in emerging economies such as Southeast Asian and African regions is anticipated to drive the market growth of consulting & training-related services.
• Based on application, the global Energy Management Systems Market can be classified into Building EMS, Home EMS, and Industrial EMS. In 2018, Building EMS accounted for the major share in the market. EMS helps office spaces and other commercial buildings for reduction of their operating costs. In addition, growing focus toward monitoring and controlling load fluctuation, and equipment performance coupled with rapid urbanization is expected to drive the segment growth over the forecast period.

Regional Analysis
• By geography, the global Energy Management Systems Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
• In 2018, North America accounted for the majority share in the market. The government has been actively involved with the energy efficiency and management standards for the residential sector, while the public and investor-owned utilities are also considering reducing the energy cost and consumption as a major priority factor in their management strategies. In addition, rapid infrastructural development in the region will play a pivotal role in the growth of the global EMS market. For instance, In Mexico, the government plans to open SEZ across the country to promote economic growth in the region which will further increase the demand for EMS. The government expects to attract investments from various sectors, including processing, agribusiness, oil and gas, manufacturing, technological innovation and development, and logistics during the forecast period. Accordingly, the government has identified 95 potential projects with investments worth more than US$5 billion that could be developed in these SEZs by 2020.
• APAC is expected to post higher CAGR over the forecast period. The growth in the industry is mainly due to rapid industrialization, highly flourishing residential and commercial building sectors and growing middle-class population and spending power coupled with rising awareness for EMS, that leads to the increasing demand for EMS in the region. Besides, India and China are the two most populated countries of the world and has been witnessing rapid urbanization. Construction in these countries is at an all-time high because of the majority of the population moving to urban areas. This shift will require more residential and commercial building construction, therefore, fueling growth in the EMS market in the region.

Competitive Analysis
• Global Energy Management Systems Market is moderately fragmented with the presence of global and regional players in the market. The market players in the Energy Management Systems Market are focusing on expanding through strategic interventions, such as acquisitions, and collaborations in the Energy Management Systems Market.
• Some major players in the market are ABB Group, Cisco Systems, Inc., General Electric Company, Honeywell International, IBM Corporation, Schneider Electric SE, Siemens AG, CA Technologies, Eaton Corporation, Emerson Electric Company, and among others.
• In 2018, GE Power Grid Solutions, along with Tata Power Delhi Distribution (Tata Power-DDL), announced it has launched Advanced Distribution Management System (ADMS) to modernize and enhance the area’s grid.

View full report: https://www.datamintelligence.com/research-report/energy-management-systems-market

Enquiry before buying: https://www.datamintelligence.com/enquiry/energy-management-systems-market

About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.

For more information:
Sai Kiran
Sales Manager at DataM Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com

DataM Intelligence

Sai Kiran

+1 877 441 4866


Source: EmailWire.Com

Virgin Mobile Logo
Wireless News by Sector
  • 4G
  • Android
  • Carriers
  • iOS/iPhone/iPad
  • Laptops
  • Mobile Apps
  • Mobility Management
  • Mobile Payment
  • Netbooks
  • Smartphones
  • Tablets
  • Ultrabooks
  • WiFi
  • WiMAX
  • Window Phones

  • Wireless RSS Marketpalce
    Get $55 Off the Samsung Galaxy S5 with Promo Code GS56CJ55 for a Limited Time Only at Virginmobileusa.com!
    Get $15 Off the LG Tribute with Promo Code TRIBUTE6CJ15 for a Limited Time Only at Virginmobileusa.com!
    Amazon News Releases
    Amazon corporate news headlines.
    Apple Hot News
    Read news on Apple as reported across the web.
    Sprint News Releases
    Headline news from Sprint
    Free Telecom, Wireless Magazines Downloads
    Get free publications including magazines, white papers on wireless or telecom industry.
    Submit RSS news feed on Retail, Shopping.
    Have your feed on news, products or services displayed under this marketpalce. The feed also displayed on a full page and updated daily.

    Press release service

    Wireless-Newswire is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month or $999 per year, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2009 GroupWeb Media LLC

    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    Wireless-NewsWire.Com - Newswire and Press Release service of GroupWeb Media LLC