Energy Management Systems Market

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Energy Management Systems Market
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The global energy management systems market size
was valued at 36.2 billion in 2020, and is
projected to reach 161.9 billion by 2030,
growing at a CAGR of 16.2 from 2021 to 2030.
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An energy management system (EMS) is a system of
computer-aided tools used by operators of
electric utility grids to monitor, control, and
optimize the performance of the generation or
transmission system.
It can be used in small scale systems such as
microgrids. It is one of the emerging
technologies that enable an organization to
collect real-time information on the energy use
through monitoring, assessing, and visualizing
energy consumption.
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Impact of Covid-19
The energy management systems market size has
grown significantly in recent years. However, due
to the outbreak of the COVID-19 pandemic, the
market experienced a sharp decline in 2020. This
is due to the diminished energy usage in heavy
industries such as petroleum, coal, and natural
gas.
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This has led to deflated energy demand across the
key economics including U.S., Italy, Germany, UK,
and others. However, the market has survived
owing to surge in demand from the household
energy consumption.
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Market is segmented into By Type
Home Energy Management Systems
Building Energy Management Systems
Residential and Commercial
Industrial Energy Management Systems
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Segmentation By Region 
U.S., Canada
North America 
U.K., Germany, France, Spain, Italy, Rest of
Europe
Europe
China, Japan, South Korea, India, Australia, Rest
of Asia-Pacific
Asia-Pacific
LAMEA
Latin America, Middle East, Africa
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Leading Market Players 
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Contact
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