Energy Management Systems Market to expand annually by 13.5% CAGR for the upcoming years Prediction by AMR

Rising utilization of smart building & home energy systems coupled with the presence of highly competitive market scenario resulting in economical product pricing will drive the industry growth.

The global energy management systems market was pegged at $29.19 billion in 2017 and is expected to hit $62.3 billion by 2023, registering a CAGR of 13.5% from 2017 to 2023. The report provides a detailed analysis of the top investment pockets, top winning stratagems, drivers & opportunities, market size & estimations, competitive landscape, and fluctuating market trends.

Rise in demand for energy efficiency, unpredictability in energy prices, and supportive government policies & incentive programs fuel the growth of the global energy management systems market. On the other hand, high initial investment curbs the growth to some extent. Nevertheless, the increase in need to lessen down energy emissions and the presence of untapped markets are expected to usher in lucrative opportunities in the industry.

By end-user, the commercial segment contributed to more than 90% of the global market share in 2017 and is projected to retain its dominance during the study period. At the same time, the residential segment is projected to register the fastest CAGR of 16.5% from 2017 to 2023.

Download Sample Report (Get Full Insights in PDF – 335 Pages) at:

https://www.alliedmarketresearch.com/request-sample/626

By offering, the services segment accounted for nearly two-thirds of the total market revenue in 2017, and is expected to rule the roost by 2023. This segment would also grow at the highest CAGR of 14.1% throughout the forecast period. The system segment is also discussed in the report.

By geography, North America generated the highest share in 2017, pegging at more than one-third of the global market. At the same time, the region across Asia-Pacific would portray the fastest CAGR of 17.9% by 2023. The other regions assessed through the report include Europe and LAMEA.

Profiling Key Players: C3 Energy, Delta Electronics Inc., DEXMA, General Electric Company, GrindPoint Inc., Honeywell International Inc., Johnson Controls International PLC, Schneider Electric S.E., Siemens AG, and Yokogawa Electric Corporation

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Thanks for reading this article; you can also get an individual chapter-wise section or region wise report versions like North America, Europe, or Asia.

Thanks for reading this article; you can also get an individual chapter-wise section or region wise report versions like North America, Europe, or Asia.

Similar Reports –

1. Carbon and Energy Software Market
2. AI in Energy Market

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Rising utilization of smart building & home energy systems coupled with the presence of highly competitive market scenario resulting in economical product pricing will drive the industry growth.

The global energy management systems market was pegged at $29.19 billion in 2017 and is expected to hit $62.3 billion by 2023, registering a CAGR of 13.5% from 2017 to 2023. The report provides a detailed analysis of the top investment pockets, top winning stratagems, drivers & opportunities, market size & estimations, competitive landscape, and fluctuating market trends.

Rise in demand for energy efficiency, unpredictability in energy prices, and supportive government policies & incentive programs fuel the growth of the global energy management systems market. On the other hand, high initial investment curbs the growth to some extent. Nevertheless, the increase in need to lessen down energy emissions and the presence of untapped markets are expected to usher in lucrative opportunities in the industry.

By end-user, the commercial segment contributed to more than 90% of the global market share in 2017 and is projected to retain its dominance during the study period. At the same time, the residential segment is projected to register the fastest CAGR of 16.5% from 2017 to 2023.

Download Sample Report (Get Full Insights in PDF – 335 Pages) at:

https://www.alliedmarketresearch.com/request-sample/626

By offering, the services segment accounted for nearly two-thirds of the total market revenue in 2017, and is expected to rule the roost by 2023. This segment would also grow at the highest CAGR of 14.1% throughout the forecast period. The system segment is also discussed in the report.

By geography, North America generated the highest share in 2017, pegging at more than one-third of the global market. At the same time, the region across Asia-Pacific would portray the fastest CAGR of 17.9% by 2023. The other regions assessed through the report include Europe and LAMEA.

Profiling Key Players: C3 Energy, Delta Electronics Inc., DEXMA, General Electric Company, GrindPoint Inc., Honeywell International Inc., Johnson Controls International PLC, Schneider Electric S.E., Siemens AG, and Yokogawa Electric Corporation

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/626

Thanks for reading this article; you can also get an individual chapter-wise section or region wise report versions like North America, Europe, or Asia.

Thanks for reading this article; you can also get an individual chapter-wise section or region wise report versions like North America, Europe, or Asia.

Similar Reports –

1. Carbon and Energy Software Market
2. AI in Energy Market

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.