Published on : Dec 18, 2017
Albany, New York, December 18, 2017: According to the latest study based on energy management system titled “Energy Management System Market: Global Industry Analysis & Opportunity Assessment, 2017-2025” submitted recently into the repository of Market Research Hub (MRH), the global energy management system market is estimated to generate a revenue of nearly US$ 21,600 Mn through 2025 which was earlier in 2016 was evaluated for US$ 6,340 Mn. In terms of CAGR, the study further says that the global energy management system market is predicted to deliver 14.8% CAGR during the assessment period from 2017 to 2025.
The comprehensive report commences with an executive summary that provides key details of global energy management system market such as CAGR. Another important section of market overview covers basics of the market and other crucial information. The section includes market definition, market taxonomy under introduction and other aspects of global energy management system market such as market dynamics, market size forecast by 2024, year-on-year growth projections and absolute $ opportunity. The market dynamics section is very useful for those who wish to have in-depth understanding of how global energy management systems market functions, the factors driving the market, identifying restraints to the market growth, future opportunities available and key trends. According to the report, the constant rise in terms of regulatory obligations and guidelines is one of the major factors behind growth of the global energy management system market for the reasons mentioned in report.
The insightful report has been segmented into various categories which are deployment, vertical, software and region for in-depth analysis. The categories have further been divided into sub-categories such as deployment segment is divided into cloud based and on premise. Similarly, the vertical segment is bifurcated into automotive, building automation, oil & gas, manufacturing, pharmaceutical, utilities & energy and others. The software segment is sub-segmented into utility, industrial, enterprise and residential. The last segment region is divided into key regions which are North America, Asia pacific, Latin America, Europe and Middle East & Africa. All the above segments are evaluated on the basis of year-on-year growth, basis point share, market forecast and market attractiveness.
The report also shares key details over competition landscape and profiles some of the major companies for new entrants and existing players in the global energy management systems market. Some of the major companies profiles are Asea Brown Boveri (ABB) Ltd, Eaton Corporation PLC, Siemens AG and Cisco Systems, Inc.
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