Energy Management Systems (EMS) Market to Witness Widespread Expansion by 2024

1. Energy Management Systems (EMS) Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2024 ©2019 Transparency Market Research, All Rights Reserved

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3. An Outline of the Global Energy Management Systems Market Industries worldwide are strengthening their efforts to reduce their carbon footprint, whether it is through referring to environment protection activists or following regulatory protocol. Reducing the overall pollution in the world is a top priority in many countries, and the implementation of energy management systems is set to be a core requirement for that. Companies such as Siemens AG and Johnson Controls, Inc. have already pledged to invest over US$140 bn to improve energy management services and help reduce the global carbon footprint. • View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

4. Industries Across all Regions Strive to Reduce Costs and Carbon Footprint, Propelling EMS Services • Several regulations, policies, labeling programs, and incentives have been implemented by governments to urge industries to begin adopting EMS. • This is more apparent in the developed regions of North America and Europe. The latter region in particular has a strict set of energy consumption and renewables goals that need to be achieved in the stipulated time. • Both regions hold a key entry point for EMS companies: the rapid adoption of renewable energy resources. EMS can be easily integrated with the establishment of new energy sources and power generation points to improve the overall production and consumption of energy. • North America is showing a rapidly growing demand for EMS in offices, new buildings, and retail buildings.

5. Opportunities in Automobiles Transport industry is one of the largest consumers of fossil fuel. While many companies in the automobile sector have either rolled out or are developing electric or solar-powered vehicles, they have not been completely successful. Being able to only rely on source of power has been sensed as a trouble for electric vehicles. Hence, a combination of solar and electric power is being mulled as a solution. If this is successful, then there will be a huge demand for energy management systems from the automobile sector. ©2019 Transparency Market Research, All Rights Reserved

6. key EMS players in the world include Siemens AG Schneider Electric SE Pacific Controls Honeywell International, Inc. Rockwell Automation ©2019 Transparency Market Research, All Rights Reserved

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