U.S. Energy Management Systems (Ems) Market Size, Emerging Trends and Overview to 2024: Hexa Reports

Hexa Reports

Market Research Reports and Insightful Company Profiles

U.S. Energy Management Systems (EMS) Market Analysis,

Share and Size, Trends, Industry Growth, Overview And

Segment Forecasts To 2024

The U.S. energy management systems (EMS) market is expected to reach USD 23.49 billion by 2024,

according to a new report by Grand View Research, Inc. The growing interest towards efficient energy

optimization coupled with stringent environmental regulations and strict international standards have

fueled industry growth.

Integration of data analytics and big data to the existing EMS modules has become a major achievement

in the industry growth over the past few years.Major companies such as Building IQ, C3 Energy, and

Ecova have developed sector-specific software platforms that enable organizations to determine

analytically and suggest optimized energy efficient solutions. Aforementioned factors are anticipated to

urge the new and established industry players to increase R&D investments and enhance their position

in the U.S. market.

Browse Detail Report With TOC @

http://www.hexareports.com/report/u-s-energy-management-systems-ems-market/details

Sensors component consumption was the highest and accounted for 35.1% of the U.S. EMS market in

2015 and is expected to reach revenue of USD 7,731.0 million by 2024. Battery components demand

was valued USD 349.5 million in 2015. EMS operates the battery to increase self-consumption while it is

grid-connected, or can take advantage of variable electricity prices.

Hexa Reports

Market Research Reports and Insightful Company Profiles

Further key findings from the report suggest:

IEMS was the largest product segment accounting for 58.4% of total revenue in 2015 and is expected to

grow at a CAGR of 11.4% from 2016 to 2024

The display devices market was valued at USD 108.9 million in 2015 and is anticipated to reach USD

250.1 million by 2024, growing at an estimated CAGR of 9.6% from 2016 to 2024

Power & energy segment...