Energy management systems market to Reach $161.9 Billion – 16.2 % CAGR by 2030 | Trends and Growth, Segmentation and Key Companies.


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Uploaded on Nov 16, 2023

Category Technology

The global energy management systems market size was valued at $36.2 billion in 2020, and is projected to reach $161.9 billion by 2030, growing at a CAGR of 16.2% from 2021 to 2030.

Category Technology

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Energy management systems market to Reach $161.9 Billion – 16.2 % CAGR by 2030 | Trends and Growth, Segmentation and Key Companies.

Energy Management Systems Market The global energy management systems market size was valued at $36.2 billion in 2020, and is projected to reach $161.9 billion by 2030, growing at a CAGR of 16.2% from 2021 to 2030. Download Sample PDF An energy management system (EMS) is a system of computer- aided tools used by operators of electric utility grids to monitor, control, and optimize the performance of the generation or transmission system. It can be used in small scale systems such as microgrids. It is one of the emerging technologies that enable an organization to collect real- time information on the energy use through monitoring, assessing, and visualizing energy consumption. Impact of Covid-19 The energy management systems market size has grown significantly in recent years. However, due to the outbreak of the COVID-19 pandemic, the market 1 experienced a sharp decline in 2020. This is due to the diminished energy usage in heavy industries such as petroleum, coal, and natural gas. This has led to deflated energy demand across the key economics including U.S., Italy, Germany, UK, and others. However, the market has survived owing to surge 2 in demand from the household energy consumption. Market is segmented into By Type 1 2 3 4 Home Energy Building Residential Management Industrial Energy Systems Energy and Management Management Commercial Systems Systems Segmentation By Region North America U.S., Canada U.K., Germany, France, Spain, Italy, Europe Rest of Europe Asia-Pacific China, Japan, South Korea, India, Australia, Rest of Asia-Pacific LAMEA Latin America, Middle East, Africa Leading Market Players Honeywell International Inc. yokogawa electric corporation Siemens AG Schneider Electric Gridpoint Systems Johnson controls international plc General electric company C3 energy Delta electronics Dexma David Correa 5933 NE Wi Toll-Free: 1-800-792-5285 UK: +44-845-528-1300n Sivers Drive #205, Portland, OR 97220 Contact: United States Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 [email protected] Web: https://www.alliedmarketresearch.com Follow Us on: LinkedIn Twitter THANK YOU!!!!