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Asia Pacific Energy Management Systems (Ems) Market Forecast 2019-2027

The Asia Pacific EMS market has been growing significantly at a CAGR of 16.83% during the forecasting years of 2019-2027. The market has been valued at $ XX billion by its base year of study 2018 and is likely to be valued at $ XX billion by 2027. This is the fastest CAGR across the globe for a regional EMS market to grow and this can be primarily reasoned to the growing government policies for controlling energy efficiency, its usage and the investment for energy efficiency in the developing nations of the Asia Pacific region. China, India, Japan, Australia & the combined countries from the Rest of Asia Pacific are considered for this regional market study.
The technologically advanced nations are perceiving a robust energy demand and aging electricity infrastructure, so the rising implementation of a smart grid is very important in making energy supply more reliable, energy-efficient and sustainable as it monitors, measures, and manages the transport of electricity. Also, the manufacturing industries are keeping track of the energy consumption of their plant operations to leave minimized carbon footprint by relying on EMS. For instance, in 2016, the Indian Railways has planned to improve energy efficiency in the Indian Railways system which accounts for a significant percentage of energy consumption in India. Thus, this energy gap is expected to provide lucrative growth opportunities for improving energy efficiency by implementing energy management systems in other manufacturing and transportation industry as well.
The following companies are the establishments which are the major contributors for revenue in the APAC energy management system market: Schneider Electric, Jones Lang Lasalle, Inc., C3 Energy, CA Technologies (acquired by Broadcom), Cisco Systems, Inc., Gridpoint Inc. (acquired by Twenty First Century Utilities, LLC), Honeywell International, Emerson, ABB Ltd., General Electric, Johnson Controls, Inc., Rockwell Automation, Inc., Siemens AG, Toshiba Corporation and Daikin Industries.
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Asia Pacific Energy Management Systems (Ems) Market Forecast 2019-2027
Published By :Inkwood Research
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