Published on : Sep 14, 2018
Albany, New York, September 14, 2018: Adoption of sustainable measures such as industrial energy management system (IEMS) for accurate monitoring and optimization of electrical infrastructure across industries has gained momentum, thus augmenting growth in industrial energy management system market. In a newly added a research report, 'Global Industrial Energy Management System (IEMS) Market Size, Status and Forecast 2018-2025', Market Research Hub (MRH) collates current development status and their imperative manifestations on the growth of industrial energy management system (IEMS) market.
Smart Lighting and IoT Controlled Electrical Infrastructure Emerge as Dominant Trends
Market players in industrial energy management system market, triggered by evolving industry trends and intensifying competition, are constantly investing on apt tools and devices that can address vital pitfalls in energy management across end-user enterprises such as steel, paper, oil refineries amongst others. Incorporation of smart thermostats, smart lighting, and IoT controlled light control for efficient HVAC management are novel priorities etched in industrial energy management system market.
IoT Based OS Powers Simatic, Siemen’s Latest Industrial Energy Management System
Backed by innovations, leading player Siemens has diversified its range of energy management tools with the addition of Simatic Energy Manager Basic V7.1 for efficient energy management and accurate analytics system powered by cloud-based open IoT based OS, MindSphere. The latest addition lends Simatic the vital impetus to elevate its position in the fierce competition matrix prevailing in industrial energy management system market.
Further as the report progresses, readers are presented with descriptive summary of prevailing segments attributed to industrial energy management system (IEMS) market. This section of the report jots type and application as core market segments in industrial energy management system (IEMS) market. Based on type, the market is splintered into type and application. Based on type, industrial energy management system (IEMS) market is classified into components of IEMS, central computer system, remote meters, sensors, and energy management software amongst others. In terms of application, industrial energy management system (IEMS) market is further compartmented into power industry, manufacturing, oil and gas, petrochemical and utility amongst others. The report aims to enrich readers’ comprehension about the potential of market segments in harnessing growth in industrial energy management system (IEMS) market, besides allowing readers to identify the segment responsible for accentuated revenues in industrial energy management system (IEMS) market.
In addition to the aforementioned segmentation, readers are also presented with crucial research output on geographical scope of industrial energy management system (IEMS) market. This section enlists Europe, Southeast Asia, Central and South America, India, Japan, China and United States as chief regional pockets. The report also further entails details on various business strategies applied by leading market players across regions and their eventual impact on end-user response.
Key Players: Industrial Energy Management System Market
On the basis of thorough research components highlighted in this section of the report, readers are enabled to gauge the visible implications of winning business strategies in augmenting growth in the market, besides allowing readers to understand the impact of strategies in fostering favorable user response in terms of their buying preferences and buying discretion. New and existing market players can engage in thorough analytical review of these strategies to infer core deductions based on which market players can facilitate profit driving business models to sustain precedence in industrial energy management system (IEMS) market. Eminent players noted in the market comprise, Siemens AG, Cypress Envirosystems, Siemens AG, Schneider Electric, IBM Corporation, Opto22, and Rockwell Automation amongst others.
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