Global Energy Management Systems (Ems) Market Is Expected to Grow Us$ 57.8 Bn by 2022: Credence Research

According to a new market report published by Credence Research, Inc., “Energy Management Systems (EMS) (Industrial Energy Management Systems (IEMS), Building Energy Management Systems (BEMS), Home Energy Management Systems (HEMS)) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022”, the energy management systems (EMS) market is expected to expand at a CAGR of 14.2% from 2015 to 2022, reaching US$ 57.8 Bn by 2022.

Browse the full Energy Management Systems (EMS) (Industrial Energy Management Systems (IEMS), Building Energy Management Systems (BEMS), Home Energy Management Systems (HEMS)) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 – 2022 report at http://www.credenceresearch.com/report/energy-management-systems-ems-market

Product and Market Insights

Energy management systems (EMS) are electronic devices that allow consumers to monitor, control, and manage their energy consumption optimally. The global energy management systems (EMS) market for building and residential applications is currently in the nascent stage of development. The industry has been committed towards developing a universal platform capable of addressing issues concerned with the interface, interoperability, and installation.

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Competitive Insights

The global energy management systems (EMS) market is competitive and technology driven. Some of the leading players in the energy management systems (EMS) market include Honeywell International, Inc. (the U.S.), General Electric Company (the U.S.), Schneider Electric SE (France), Panasonic Corporation (Japan), Cisco Systems, Inc. (the U.S.), Johnson Controls, Inc. (the U.S.), Siemens AG (Germany), Eaton Corporation Plc (Ireland.), Rockwell Automation, Inc. (the U.S.), and Emerson Electric Company (the U.S.) among others. The market competition is characterized by the...