Increasing need for cost reduction, rising need for energy conservation, increasing certification
June 15, 2016
The latest report on the global energy management systems market for the health care sector from Technavio provides an analysis of the most important trends expected to impact the market from 2016 to 2020.
Cloud technology will give ALDI visibility and control across nearly 1,500 stores
May 23, 2016
ALDI has successfully deployed Siemens’ Site Controls Energy Management System (EMS) at nearly 1,500 of its retail locations. The majority of the installations were retrofits at existing stores replacing thermostats or third-party energy management systems, but Siemens also installed Site Controls in newly constructed stores as well.
Technological advancements coupled with rising commercialization of innovative products expected to fuel growth
April 27, 2016
The global energy management systems (EMS) market was valued at $20.49 billion in 2014, and is forecast to grow at a compound annual growth rate (CAGR) exceeding 14 percent from 2015 to 2022, reaching $58.59 billion by 2022, according to a report from Grand View Research.
Growing use expected in various applications including the building, home, and industrial sectors
April 5, 2016
Global market revenue for energy management systems stood at $9.87 billion in 2014 and is forecast to reach $35.92 billion by 2024, increasing at a compound annual growth rate (CAGR) of 13.4 percent from 2016 to 2024, according to a report from Transparency Market Research.
Industrial energy management is largest segment; home energy management to see highest growth
January 12, 2016
The global energy management system (EMS) market is expected to reach $58.59 billion by 2022, growing at a compound annual growth rate (CAGR) of 14.3 percent, according to a new report by Grand View Research. Demand for energy efficiency and optimization are the keys driving adoption of energy management solutions.
Phoenix Energy Technologies monitors and controls energy usage at an enterprise level
November 5, 2015
Duke Energy, one of the nation’s largest electric utilities, has acquired a majority share of Phoenix Energy Technologies (PhoenixET), a provider of energy management systems and services for commercial customers. The terms of the deal were not disclosed.