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Energy Management Systems Market Worth $38.49 Billion by 2018 – New Report by Marketsandmarkets
Date:10/24/2013

(PRWEB) October 24, 2013

MarketsandMarkets recently conducted a study on the "Energy Management Systems (EMS) Market (Utility EMS, Industrial EMS, Enterprise EMS, Demand Response, Energy Management Devices, HEMS, BEMS) – Worldwide Market Forecasts and Analysis (2013 - 2018) ", which analyzed and studied the major market drivers, restraints, and opportunities in North America, Europe, Middle East and Africa, Asia-Pacific, and Latin America. The study reports that the EMS market is expected to grow from $17.4 billion in 2013 to $38.49 billion in 2018, at an estimated Compound Annual Growth Rate (CAGR) of 17.2% from 2013 to 2018. The North American region is expected to be the prime market for Energy Management Systems (EMS) in terms of revenue contribution.

Browse 99 Market Data Tables and 61 Figures spread through 212 Pages and In-Depth Table of Content on “Energy Management Systems (EMS) Market”.

http://www.marketsandmarkets.com/Market-Reports/energy-management-systems-ems-market-1189.html

Early buyers will receive 10% customization on reports.

The Energy Management Systems (EMS) vendor landscape is highly fragmented with multiple offerings ranging from simple energy monitoring dashboards to complex energy management softwares with high degree of analytics. Although smaller emerging players in other categories such as DR and ECEM with innovative technologies and niche expertise have been able to make a mark by creating value innovation for their customers. The implementation of energy management practices in the future will depend largely upon stringent government policies regarding energy efficiency and conservation as well as market education of end-users about the importance of saving energy and improving bottom-line profits.

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