According to Transparency Market Research (TMR), the key players have a very strong grip on the global market. Siemens AG, Johnson Controls, Inc., and Schneider Electric SE are the top three players in this market and had collectively accounted for 50% of the revenue share in 2014. Emerson Process Management and Honeywell International operate on a global scale and hold wide energy management systems portfolios. Their products and services are a built to suit a wide array of end users.
Transparency Market Research suggests that players in the energy management systems can focus towards emerging economies such as China and India, where the rapid industrialization rates are generating a rich environment for the implementation of modern EMS services.
Energy management services are expected to receive a major boost over the coming years in the form of heavy investments by end users. Two core factors responsible for the high end user interest in energy management systems are the strengthening government regulatory efforts to impose EMS and reduce carbon footprints, and the ability of EMS to significantly reduce operations costs.
Another globally concurrent effort that will benefit energy management systems companies is the increasing focus on renewable energy sources. This factor is especially visible in Japan, China, Germany, and the U.S., where renewables are taking the foreground in terms of research, development and implementation.
Request a PDF Brochure with Research Report Analysis @