Asia-Pacific Energy Management System Market Is Expected to Reach $11.8 Billion, by 2020
Among the three different types of energy management systems, IEMS generated the highest revenue in 2014 and would continue to dominate the market in the coming years. Growing industrialization and the need to optimize energy consumption are the key factors contributing to the market growth. However, the market of Building Energy Management Systems (BEMS) would witness higher growth, supplemented by increasing demands in the verticals of healthcare, IT & Telecom along with the sectors of infrastructure and construction.
View full press release