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01 Jul 2015 03:07:08

Global Energy Management System (EMS) market is expected to reach $44.4 billion by 2020

Energy Management Systems Market (Components, Type, Vertical, End-User and Geography) -Size, Share, Global Trends, Company profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 – 2020, the global Energy Management System (EMS) market is expected to reach $44.4 billion by 2020, registering a CAGR of 13.75 % during 2014 – 2020.

Building Energy Management System (BEMS) is expected to grow swiftly and would drive the market significantly by the year 2020. In certain economies like Europe, government provides support and subsidies to encourage adoption of Home Energy Management System (HEMS), hence its demand is expected grow, thereby contributing to the total market size.

More information: http://www.gosreports.com/global-energy-management-system-ems-market-is-expected-to-reach-44-4-billion-by-2020/

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