Global Energy Management System Market share to reach $38bn by 2024

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Global EMS Market to grow at 13 CAGR from 2016
to 2024 Fractovia.org
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Key Insights of Energy Management System Market

• Climatic changes worldwide are acting as a major
  growth accelerant for the global energy
  management system(EMS) market. To curb the
  catastrophic environmental impacts, a noticeable
  twin strategy is being pursued worldwide, relying
  more on renewable energy sources and using energy
  more efficiently. Government backed favorable
  acts implemented across emerging lands to
  encourage energy conservation is further
  propelling the industry demand. For instance,
  European union has introduced EPBD 2002/91/EC
  (Energy Performance of Buildings) directive that
  mainly focuses on enhancing energy efficiency of
  buildings.
• The implementation of these energy management
  systems, have resulted in a significant reduction
  in greenhouse gas emissions and energy cost,
  thereby leading to a strategic use of dwindling
  energy resources. The three most prominent energy
  consumption sectors that drive energy management
  system market include industrial, residential,
  and construction sector. Driven by the surge in
  energy consumption in the domestic sector, HEMS
  (home energy management system) market is
  anticipated to grow lucratively in the coming
  time frame at a tremendous CAGR of 16 over
  2016-2024. In 2015, U.S. government introduced
  the REEVA Act (REEVA), with a prime objective to
  limit energy depletion in the residential sector
  to optimize energy utilization.

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Continued

• Energy management system industry from buildings
  accounted for one-fourth of the revenue share in
  2015 and is set to be one of the promising area
  thriving the application landscape in the years
  ahead. Increasing adoption of IoT for monitoring
  the energy consumption as well as introduction of
  smart meters to optimize the real-time data, will
  leave a positive impact on the market outlook.
• Geographically, China and Japan are the two major
  revenue pockets of APAC energy management system
  market. China market is expected to surpass USD 2
  billion by 2024. Growing consumer claim for
  reliable power supply along with rapid
  industrialization across these regions will be
  driving forces behind the regional growth of the
  industry. Japan EMS market having held 20 of the
  regional market, will also hold a considerable
  share over the coming seven years. U.S. energy
  management system industry will grow
  substantially at an annual growth rate of 11,
  owing to the increasing number of government
  measures in U.S. for energy conservation and
  efficiency.
• Improving the energy performance will prove to be
  pivotal for security of electricity,
  competitiveness, and for addressing the
  environmental challenges that the world is
  continuously facing today. Some of the prominent
  industry players in energy management system
  market include ABB, Schneider Electric, CA
  Technology, Eaton Corporation, and Honeywell
  International.

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Europe Energy Management System Market size, by
component, 2013 - 2024 (USD Billion)

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Table of Contents
Chapter 1    Methodology Scope 1.1    Research
Methodology 1.1.1    Initial data
exploration 1.1.2    Statistical model and
forecast 1.1.3    Industry insights and
validation 1.1.4    Research scope and
assumptions 1.2    List of Data Sources 1.2.1.   
Primary 1.2.2.    Secondary Chapter 2   
Executive Summary 2.1    Energy management system
industry 3600 synopsis, 2013 - 2024 2.1.1   
Current business environment 2.1.2    Service
trends 2.1.3    Component trends 2.1.4   
Regional trends
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Continued
Chapter 3    Energy management system Industry
Insights 3.1    Industry segmentation 3.2   
Industry size, forecast and growth prospects and
growth prospects, 2013 2024 3.3    Energy
management system industry ecosystem
analysis 3.3.1    Vendor matrix 3.4    Innovation
sustainability 3.5    Regulatory
framework 3.5.1    U.S. 3.5.2    Europe 3.5.3   
China 3.5.4    Brazil
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Continued
3.6    Energy management system industry
dynamics 3.6.1    Growth drivers 3.6.1.1  
Stringent government norms 3.6.1.2   Increasing
infrastructure spending 3.6.1.3   Growing
Electricity demand 3.6.2    Industry pitfalls
challenges 3.6.2.1   High initial
investment 3.7    Key growth opportunities 3.8   
Porters analysis 3.9    Competitive landscape,
2015 3.9.1    Strategy dashboard 3.10  PESTEL
analysis
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