Allied Market Research
Loading...
Cart
0

Asia-Pacific Energy Management System Market is Expected to reach $11.8 Billion, by 2020

 

Report Code : A01003

quote 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. quote

Nilesh Rajput
Research Analyst, Allied Market Research.

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

Asia-Pacific Energy Management System Market Report, published by Allied Market Research, forecasts that the market is expected to garner $11.8 Billion by 2020, registering a CAGR of 19.5% during the period 2015-2020. Growing industrialization and advancements in technologies majorly supplement the growth of energy management systems market in the Asia Pacific region. Korea was the highest revenue generating country in 2014, followed by Japan and China. Energy management system for residential end users would exhibit a high growth rate during the forecast period owing to increase in the per capita disposable income, growing awareness, and stringent environmental regulation policies.

Access Full Summary at:https://www.alliedmarketresearch.com/asia-pacific-energy-management-system-market

The Asia Pacific Energy management systems market is segmented into component, type, end user, vertical and country.In the component segment, software accounts for the highest revenue contributing about 36% of the market revenue in 2014. The software segment would dominate the market in the forecast period 2015-2020, owing to its high price and rapid technological changes. However, the controller segment would exhibit a higher CAGR of 23% in the forecast period 2015-2020.

Among end users, the commercial sector would generate the highest revenue over the forecast period. The sector includes verticals such as retail & offices, manufacturing units, power & energy, telecom & IT, hospitals, educational institutions and others where only BEMS & IEMS is applied.

The sectors such as manufacturing, power & energy, telecom & IT, retail & offices among others flourish in Asia Pacific region owing to the developing economies, growing industrialization and favorable government regulations & initiatives. Therefore, adoption of Energy management system becomes crucial in most sectors owing to the increasing energy requirements, rising energy prices and the need to control and reduce carbon emissions whilst magnifying their efficiency. Power & energy sector accounted for the largest share, contributing about 40% of the overall EMS Asia Pacific market in 2014. However, retail & office sector is expected to witness the highest CAGR 23.3% during the forecast period 2015-2020.

Key Findings ofAsia-Pacific Energy Management System Market:

  • Korea contributes the largest share in the market owing to the stringent environmental regulation policies, favourable government initiatives and growing industrial & manufacturing sector.
  • IEMS accounts for the highest revenue, contributing about 71% of the market revenue in 2014 and would continue to dominate the market.
  • Increased adoption in power & energy, manufacturing and telecom & IT sector is likely to supplement the swift growth of Asia Pacific EMS market.

This report also outlines the competitive environment of the Asia Pacific EMS market, providing a comprehensive study of the key strategies adopted by market leaders. The prominent companies profiled in the report include, Azbil Corp., Schneider Electric, Siemens AG, Honeywell International, Inc., Johnson controls, Inc., among others.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Asia-Pacific Energy Management System Market by Component (Software, Sensors, Controller), Type (BEMS, IEMS, HEMS) and End User (Commercial, Residential) - Opportunity Analysis and Industry Forecast, 2014 - 2020 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Asia-Pacific Energy Management System Market"
Purchase Enquiry