Energy Management Systems (EMS) market size is projected to reach US$ 68730 million by 2027

Energy Management Systems (EMS) market size is projected to reach US$ 68730 million by 2027, from US$ 33930 million in 2020, at a CAGR of 10.6% during 2021-2027.
 
BENGALURU, India - Nov. 7, 2022 - PRLog -- Energy Management Systems (EMS) market size is projected to reach US$ 68730 million by 2027, from US$ 33930 million in 2020, at a CAGR of 10.6% during 2021-2027.

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 and/or transmission system. Also, it could be used in small scale systems like microgrids.

Global Energy Management Systems (EMS) key players include GE, Schneider Electric, ABB Group, Johnson Controls, etc. Global top four manufacturers hold a share over 20%.

North America is the largest market, with a share over 35%, followed by Asia Pacific, and Europe, both have a share over 50 percent.

In terms of product, Hardware is the largest segment, with a share about 55%. And in terms of application, the largest application is Power and Energy, followed by Enterprise, Building, Telecom and IT, etc.

Energy Management Systems Market Analysis and Insights

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Energy Management Systems (EMS) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Energy Management Systems (EMS) market in terms of revenue.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Energy Management Systems (EMS) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Energy Management Systems (EMS) market.

Energy Management Systems Market Scope and Market Size

Energy Management Systems (EMS) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Energy Management Systems (EMS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

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