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Energy Management Systems

Do you specialise in Energy Management Systems? We want to hear from you!

960 640 Stuart O'Brien

Each month on Energy Management Briefing we’re shining the spotlight on a different part of the market – and in January we’ll be focussing on Energy Management Systems.

It’s all part of our ‘Recommended’ editorial feature, designed to help energy management buyers find the best products and services available today.

So, if you’re a supplier of Energy Management Systems and would like to be included as part of this exciting new shop window, we’d love to hear from you – for more info, contact Lisa Rose on 01992 374077 / l.rose@forumevents.co.uk.

Our features list in full:

Jan – Energy Management Systems
Feb – Renewable Energy
Mar – Carbon Managemen
Apr – Metering & Monitoring
May – Water Management/Strategy
Jun – Energy Storage
Jul – Data Collection & Management
Aug – Waste Management
Sept – Solar PV
Oct – Lighting
Nov – Heating & Ventilation
Dec – Onsite Renewables

Do you specialise in Energy Management Systems? We want to hear from you!

960 640 Stuart O'Brien

Each month on Energy Management Briefing we’re shining the spotlight on a different part of the market – and in January we’ll be focussing on Energy Management Systems.

It’s all part of our ‘Recommended’ editorial feature, designed to help energy management buyers find the best products and services available today.

So, if you’re a supplier of Energy Management Systems and would like to be included as part of this exciting new shop window, we’d love to hear from you – for more info, contact Lisa Rose on 01992 374077 / l.rose@forumevents.co.uk.

Our features list in full:

Jan – Energy Management Systems
Feb – Renewable Energy
Mar – Carbon Managemen
Apr – Metering & Monitoring
May – Water Management/Strategy
Jun – Energy Storage
Jul – Data Collection & Management
Aug- Waste Management
Sep – Solar PV
Oct – Lighting
Nov – Heating & Ventilation
Dec – Onsite Renewables

Do you specialise in Energy Management Systems? We want to hear from you!

960 640 Stuart O'Brien

Each month on Energy Management Briefing we’re shining the spotlight on a different part of the market – and in January we’ll be focussing on Energy Management systems.

It’s all part of our ‘Recommended’ editorial feature, designed to help energy management buyers find the best products and services available today.

So, if you’re a supplier of Energy Management systems and would like to be included as part of this exciting new shop window, we’d love to hear from you – for more info, contact Lisa Rose on 01992 374077 / l.rose@forumevents.co.uk.

Our features list in full:

Jan – Energy Management Systems
Feb – Renewable Energy
Mar – Carbon Managemen
Apr – Metering & Monitoring
May – Water Management/Strategy
Jun – Energy Efficient Solutions
Jul – Data Collection & Management
Aug – Waste Management
Sep – Solar PV
Oct – Lighting
Nov Heating & Ventilation
Dec – Utility Management

Energy management systems market hit $25.9bn in 2018

960 640 Stuart O'Brien

The global energy management systems market was valued at $25.88 billion last year and is expected to register a CAGR of 13.78% by 2024.

The figures, from ResearchandMarkets, pinpoint an increasing focus on managing energy consumption, optimizing the use of renewable energy sources, reducing the carbon footprint and greenhouse gas emissions as the main drivers of EMS growth.

Meanwhile, the increasing usage of smart grid services, growing competition among industrial enterprises, cost efficiency increasing the demand from emerging economies and government policies and incentives are some of the secondary factors augmenting the growth of the market.

The report says rapid advancements in technology have led to greater insights into energy procurement and energy usage globally and help in gaining competitive advantage, and increase productivity at a reduced energy cost.

However, lack of skilled personnel, lack of awareness among stakeholders, lack of finance and non-standardized guidelines have served as a key impediment hindering the growth of the market.

Power and Energy to take biggest slice

Research andMarkets says demand for electricity in the non-residential sector has been rising over the last few years owing to new entrants in the manufacturing industry, increasing production activity from various industries including chemical, electronics, and automotive, which is expected to fuel the market.

Increasing power generation through the renewable source of energy is expected to witness exponential growth owing to the growing awareness regarding the environmental impact of fossil fuels, further propelling the growth of the market.

United States to account for majority of market

The energy management systems market in the United States looms large as residential, commercial and industrial consumers continue to drive adoption in order to realize energy savings.

The US is currently ranked as the second largest consumer of electricity after China. Several key federal policy directives, rising energy costs, stringent regulations concerning greenhouse gas emissions, and growing awareness about the benefits of automation, are major factors driving the market in the United States.

Furthermore, the presence of major energy management system companies like Siemens, coupled with the evolution of new concepts and major technological contributions, are further fuelling the demand for these solutions in North America.

Energy Management Systems expected to reach $113.5bn by 2023

960 640 Stuart O'Brien

The Energy Management Systems (EMS) market is expected to reach $113,476.9 million by 2023, with the major factors driving growth attributed to Government support and initiatives, fluctuation of electricity prices and continuing popularity and usage of EMS in building automation.

The increased need for proper implementation and integration of equipment associated with EMS in commercial and residential buildings globally has resulted in the service category expected to continue to hold the largest share in the EMS market according to the P&S report, with growth coming from increasing demand of building owners to control and monitor energy demand of premises and the continuing surge in awareness regarding energy management.

The report also found that software contributed the largest revenue share to the EMS market in 2017 at around 24% , attributed to the increase in end users purchasing software to help reduce energy costs, along with various software options available to track and reduce energy costs.

Geographically, North America is forecast to hold the largest share in the EMS market globally, with a surge in the areas predicted due to ongoing Government initiatives to help reduce the carbon  footprint.

Research has revealed that 35% of U.S. home owners were willing to adopt HVAC maintenance services with their electricity services, along with 25% who would be willing to include internet and electricity services together.

Extreme weather conditions, fluctuations in electrify rates, economic development and lack pf energy supply have also contributed to the rise of energy prices, with energy consumption expected to rise by 55% in the next 25 years, with developing counties such as India and China key to this consumption.

The report identifies leaders within the EMS market as Schneider Electric SE, Siemens AG, Honeywell International Inc and JohnsonControls International PLC, with Schneider Electric SE holding the largest market share.

Other companies adopting growth strategies within the market include Emerson Electric Co, IBM Corporation, Eaton Corporation PLC, Cisco Systems Inc and General Electric Company.

Do you specialise in Energy Management Systems? We want to hear from you!

960 640 Stuart O'Brien

Each month on Energy Management Briefing we’re shining the spotlight on a different part of the market – and in January we’ll be focussing on Energy Management systems.

It’s all part of our ‘Recommended’ editorial feature, designed to help energy management buyers find the best products and services available today.

So, if you’re a supplier of Energy Management systems and would like to be included as part of this exciting new shop window, we’d love to hear from you – for more info, contact Lisa Rose on 01992 374077 / l.rose@forumevents.co.uk.

Here are the areas we’ll be covering in 2019, month by month:

January – Energy Management Systems
February – Renewable Energy
March – Carbon Management
April – Metering & Monitoring
May – Waste Management
June – Energy Efficient Solutions
July – Data Collection & Management
August – Water Management
September – Solar PV
October – Lighting
November – HVAC
December – Water Strategy

For more information on any of the above, contact Lisa Rose on 01992 374077 / l.rose@forumevents.co.uk.