Asia-Pacific Energy Management System Market 2021 Business Scenario | Key Players – Azbil Corp., Schneider Electric, Siemens AG, Honeywell International

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.

The Asia Pacific energy management systems 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.

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.

Download Sample Report (Get Full Insights in PDF – 92 Pages) at:

https://www.alliedmarketresearch.com/request-sample/1166

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.

Profiling Key Players: Azbil Corp., Schneider Electric, Siemens AG, Honeywell International, Inc., Johnson controls, Inc., among others.

For Purchase Enquiry:https://www.alliedmarketresearch.com/purchase-enquiry/1166

Lastly, this report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

If you have any special requirements, please let us know and we will offer you the report as per your requirements.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Contact Information:

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter