The devices have gained high traction in North America and Europe
December 16, 2016
Smart thermostats form an integral part of smart homes and have gained high traction in developed regions such as North America and Europe. The industry is anticipated to witness a high adoption of these gadgets as they display the energy consumption level in real-time and are capable of adjusting to ambient conditions automatically.
Systems will reduce energy consumption, support its sustainability efforts
September 22, 2016
Red Robin Gourmet Burgers and Brews announced it is rolling out new energy management systems in all of its restaurants. The project is on track for completion by early 2017 and will enable Red Robin to further reduce the resources needed to run the company’s 449 corporate-owned locations.
Market is being driven by increasing awareness in industrial sector for more efficient utilization of energy
September 15, 2016
The global energy management system (EMS) market was valued at $31.29 billion in 2015 and is forecast to reach $63.16 billion by 2021, increasing at a compound annual growth rate (CAGR) of 12.4 percent between 2016 and 2021, according to a report from Zion Research.
Helps company surpass its efficiency and sustainability goals
August 8, 2016
Energy management system supplier GridPoint announced that its submetering, monitoring, and intelligent building control technology, combined with cloud-based analytics software and services, has helped Chipotle restaurants reduce energy usage by more than 13 percent over a multi-year period.
Increasing number of industries, buildings, and residences will install energy management systems
July 29, 2016
The global energy management systems market is forecast to see a compound annual growth rate (CAGR) of 13.4 percent between 2016 and 2024, growing from a valuation of $9.9 billion in 2014 to $35.9 billion by 2024, according to a report from Transparency Market Research.
NexRev Canada ULC will provide energy-efficient HVAC solutions via direct sales and channel partners
July 15, 2016
NexRev LLC has announced the company’s entrance into the Canadian marketplace with a regional office located in Toronto. This follows on the heels of NexRev’s announcement of its Latin American headquarters in Mexico City and represents the next step in the company’s international expansion plan.