Energy Conservation and Efficiency Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast, 2013 - 2019
                     Energy Conservation and Efficiency Market - Global Industry 
Analysis, Size, Share, Trends, Growth and Forecast, 2013 - 2019 
 
There is a visible uptick in the energy conservation and efficiency market. As nations 
continue to guzzle energy, the supply side has to keep up with escalating demand. 
Consequently, the need for energy conservation assumes prime importance so as to 
use available resources judiciously and ease the pressure on the supply side. While 
the energy conservation market refers to effecting a reduction in the amount of energy 
consumed, energy efficiency pertains to implementing ways consistently moderate the 
use of energy for a particular process. Both these techniques are ultimately aimed at 
curtailing energy use.  
  
The energy conservation and efficiency market is comprised of systems, 
processes and equipment that helps restore some of the damage done the 
environment, enables nations to reach their energy security goals, and provides 
personal financing security. In the long term, the benefits offered by the energy 
conservation and energy efficiency market are many, and they span across virtually 
every industry vertical. 
  
This report analyzes existing and emerging trends in the energy efficiency and energy 
conservation market, investigates restraints that threaten optimal market growth, and 
examines factors that will drive the market ahead. The report also determines and 
provides market projections for the near future. 
  
Overview of the Energy Consumption and Efficiency Market 
  
In recent decades, the world has woken up to the detrimental effects of carbon 
emissions and GHGs, and have thus taken serious cognizance of the need for energy 
conservation and energy efficiency systems. The manufacturing industry, for one, is 
one of the most power- and energy-intensive as it uses machinery, equipment and 
processes that rely on the uninterrupted supply of electricity and heat.  
 
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For instance, electric motors used a couple of decades ago were exceptionally high 
on energy consumption. This led to the formulation of stringent energy efficiency 
standards specifically for electric motors. Following the 1970 energy crisis, 
governments began to apply similar standards to other types of machines and devices. 
The high oil prices have been yet another key contributing factor to the growth of the 
energy conversation and energy efficiency market as industries look for novel ways to 
enhance output while reducing fuel input.  
  
In developing and emerging economies, the energy efficiency and conservation 
market is driven by the need for reliable power supply, energy security, and booming 
economic development. Today, energy conservation and energy efficiency 
technologies such as building efficiency (including integrated PVs) and low emissivity 
glass are widely in use worldwide. 
  
The consumer goods segment offers numerous opportunities for the energy 
conservation and energy efficiency market. Durable goods such as air conditioners, 
dishwashers, washing machines and refrigerators can benefit with the use of low 
horsepower motors and power saving programs. 
 
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The energy conservation and energy efficiency market can be broadly classified as: 
Commercial, industrial, and residential. As per the findings of the American Council 
for an Energy-Efficient Economy (ACEEE), countries that have taken a lead in the 
energy efficiency and energy conservation market are: Japan, UK, Germany, the U.S. 
and Italy. 
  
The upfront cost of investments in the energy efficiency and energy conservation 
market can be massive, and there is still some degree of doubt as to whether these 
costs translate into tangible value. This aspect will restrain market growth to some 
extent. 
  
Companies in the Global Energy Conservation Market 
  
Prominent players in the energy conservation and energy efficiency market that have 
been featured in this report include: ABB, Regal Beloit, and Baldor Electric Company. 
 
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