The energy management system market is projected to showcase a lucrative growth during the forecast period. An energy management system consists of computer-aided tools used for the monitoring, controlling, and optimizing electricity generation or the transmission system. The electricity price is continuously increasing, therefore, the need for energy-saving systems is increasing across the globe. The technological advanced new product launches by the key players of the energy management system market are making a major contribution to the growth of the market across the globe.
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the full report description Energy Management System Market by Component
(Hardware and Software), by System Type (Home Energy Management System Market,
Building Energy Management System Market, and Industrial Energy Management
System Market), by Vertical (Home, Building, Hospitals, and Others) – Global
Trends, Size, Share, Growth, Industry Analysis and Forecast, 2019-2025 at
In July 2019, KBC Company had introduced Visual MESA Energy Management System 6.1 (VM-EMS) which is designed specially toperform several industrial functions. The use of Visual MESA facilitates the reduction of energy costs by offering a suitable suggestion regarding scheduling in real-time activities. The use of VM-EMS provides an instant and accurate responsetowards the dynamic process demand which gets adapted to the current operations automatically. VM-EMS can easily be accessed by the use of web browsers on mobile devices thereby offering operators to optimize and monitor energy costs and emissions on-the-go. The launch of systems like VM-EMS, Smappe Infinity among others is expected to drive the market growth.
In February 2019, Smappee, a smart energy monitoring manufacturer had introduced Smappee Infinity. The Smappee Infinity had made this product to cater to the needs of Energy Service Companies (ESCOs) and OEM customers. Moreover, the use of Smappee Infinity offers its users with necessary insights and tools for the management of energy flows in their homes, offices, or buildings thereby optimizing the use of their renewable energy.
Current Market trends covered in the market report
Global Energy Management System Market Segmentation
By Component
By System Type
By End-User
Global Energy Management System Market – Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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