Energy Management Systems

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With dual temperature sensors and smart software, COOLNOMIX provides temperature control and reduces energy usage for refrigeration. 

The KE2 Low Temp + Defrost controller by KE2 Therm Solutions Inc. received the gold award for the Commercial Controls category in the 2015 Dealer Design Awards. 

The global energy management systems market is forecast to grow at a compound annual growth rate (CAGR) of almost 17 percent from 2015 to 2019, according to a new report published by Technavio.

The rise in energy prices and consumers’ focus on energy efficiency have compelled facility and home owners in North America to adopt energy-saving solutions, notes Frost & Sullivan. Suppliers are diversifying their portfolios with respect to system design and technology in order to remain competitive and meet their needs.

The global energy management system market is forecast to grow at a compound annual growth rate (CAGR) of around 20 percent from 2015 to 2020 due to highly volatile electricity prices, government regulations, and growing awareness among consumers, according to a new report from Research and Markets.

The global residential energy management market had an estimated value of $2.86 billion in 2014 and is forecast to reach $15.62 billion by 2019, with a compound annual growth rate (CAGR) of 40.4 percent between 2014 and 2019, according to a new report from Research and Markets.

Ecova, an energy and sustainability management company, and Powerhouse Dynamics, a supplier of enterprise energy and asset management systems, announced they have expanded their partnership to provide energy management and managed services to retailers, restaurants, and convenience stores.

During the past decade, as technologies have matured and the economic benefits have become apparent, the global market for building energy management systems (BEMS) has continued to evolve, notes Navigant Research.

In certain economies, like Europe, government provides support and subsidies to encourage the adoption of home energy management systems, hence its demand is expected to grow, thereby contributing to the total market size.

EnerNOC Inc., a provider of energy intelligence software (EIS), and GridPoint, a supplier of data-driven energy management systems (EMS), have announced a partnership that they said will offer the commercial market a more comprehensive energy management solution.