Noida, UP -- (SBWIRE) -- 07/02/2015 -- The latest developments in the field of technology are allowing greater insight into energy procurement and energy usage. A number of factors that are making the energy management solutions popular around the world are the rising price volatility in global energy market, cost effectiveness of energy management solutions, government norms and regulations and increasing level of consumer awareness. Energy management solutions were introduced in the market for adjusting and optimizing energy using systems and procedures, to reduce energy requirements, while reducing costs of total energy consumption.

Energy management technologies monitor customers' usage remotely and in real time. The growing usage of energy management solutions in three main sectors such as home energy management system, building energy management system and industrial energy management system is driving the market further and it is forecasted to grow at a CAGR of around 20% during 2015-2020.

Research Analysis & Highlights

The report, "Global Energy Management Systems Market Outlook 2020", which is spread over 65 pages, covers extensive research and thorough analysis of the energy management solutions market across the globe. It also presents a critical analysis and an unbiased view into the state of the global energy management system industry, including the current and future market size and its component and application in various sectors. Report provided in-depth analysis of various energy management equipments like sensors, smart meters, smart thermostats and software applications in home energy management, building energy management and industrial energy management.

The report also features a thorough analysis of North America, Europe, Asia Pacific, Latin America, and Middle East and African market including the major countries which throws a light on current market scenario and future market potentials of energy management systems there. Moreover, our study also looks into the key players in the global market including their business overview, key financials and recent developments. Overall, the report will facilitate clients in analyzing the driving forces and understand the existing opportunities in the industry.

Some of the key highlights of the report include:

- Increasing Usage of Smart Grid Services Boosting the Market
- Cost Efficient Solutions Driving the Market
- Regulatory Initiatives in Favor of the Industry Boom
- Price Volatility in Global Energy Market Boosting the Growth

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