Energy Management Systems (EMS) market size is projected to reach US$ 68730 million by 2027

BENGALURU, India - Nov. 7, 2022 - PRLog -- Energy Management Systems (EMS) market size is projected to reach US$ 68730 million by 2027, from US$ 33930 million in 2020, at a CAGR of 10.6% during 2021-2027.

An energy management system (EMS) is a system of computer-aided tools used by operators of electric utility grids to monitor, control, and optimize the performance of the generation and/or transmission system. Also, it could be used in small scale systems like microgrids.

Global Energy Management Systems (EMS) key players include GE, Schneider Electric, ABB Group, Johnson Controls, etc. Global top four manufacturers hold a share over 20%.

North America is the largest market, with a share over 35%, followed by Asia Pacific, and Europe, both have a share over 50 percent.

In terms of product, Hardware is the largest segment, with a share about 55%. And in terms of application, the largest application is Power and Energy, followed by Enterprise, Building, Telecom and IT, etc.

Energy Management Systems Market Analysis and Insights

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Energy Management Systems Market Scope and Market Size

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