Global Energy Management System (EMS) Market is accounted for $64.55 billion in 2020 and is expected to reach $292.73 billion by 2028 growing at a CAGR of 20.8% during the forecast period. The growing inclination towards efficient energy management and increasing awareness about carbon footprint management are the factors driving the market growth.
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By geography, North America is going to have high growth during the forecast period, owing to a well-established infrastructure network and widespread adoption of EMS across verticals such as manufacturing, retail, power, and other industries.
Some of the key players profiled in the Energy Management System (EMS) Market include Actis Technologies Pvt. Ltd, Azbil Corporation, Cisco System Inc , Enel X, Honeywell International Inc, IBM Corporation, Intel Corporation, Mitsubishi Electric Corporation, Mitsubishi Hitachi Power Systems, Ltd., Rockwell Automation Inc, SAP SE, Tata Consultancy Services Ltd, Tendril Networks Inc, and Yokogawa Electric Corporation.
Types Covered in Energy Management System (EMS) Market
• AC Control Energy Management System (EMS)
• Building Energy Management System (BMS)
• Cluster Energy Management System
• Factory Energy Manament System
• Heat Control Energy Management System
• Power Control Energy Management System
• Retail Energy Management System
• Ventilation Control Energy Management System
Devices Covered:
• In-House Display (IHD)
• Load Control (LC) Switches
• Smart Plugs
• Smart Thermostats
Deployments Covered:
• Cloud Based
• On-Premises
Solutions Covered:
• Carbon Energy Management
• Demand Response (DR) Management
• Utility Billing and Customer Information System (CIS)
Components Covered:
• Software
• Hardware
• Services
Applications Covered:
• Energy Generation
• Energy Transmission
• Energy Monitoring
End Users Covered:
• Automotive
• Building Automation
• Energy, Power & Utilities
• Enterprise
• Healthcare
• Manufacturing
• Municipal, University, Schools and Hospital (MUSH)
• Office and Commercial Buildings
• Oil & Gas
• Pharmaceutical
• Public Places
• Residential
• Telecom & Information Technology (IT)
• Other End Users
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