Energy management information system market is segmented on the basis of component into sensors, controllers and software. Energy management information systems (EMIS) help individuals and departments to plan and make decisions to take effective action to manage energy at various levels of an organization. EMIS can lead to productivity enhancement through constant surveillance over energy performance that can be implemented and are sustained over the long term. Thus, performance information enables financial value through energy management and control.

Functionally, an EMIS conducts multiple things such as information collection on energy consumption, deriving useful outputs from energy consumption and gathering multiple inputs on other factors influencing energy consumption such as ambient temperature and relative humidity.

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Advantages in using EMIS include process type the site is operating, level of organization in terms of energy management systems & procedures. Further, the people element is the most important as it can be difficult to define in advance the savings associated with implementation of EMIS. Energy management information and systems are part of an organization’s energy management system (EnMS) and does not exist in isolation. Hence, any EMIS must be self-sufficient to meet the requirements allocated to EMIS by the organization.

Allotted goals and objectives undergo several stages such as planning, organizing, managing and execution. Based on success, an organization may choose upon different types of goals. Overall, coupled between market dynamics and driving factors the energy management information systems market is anticipated to grow at a higher CAGR during the forecast period.

The key driving factors responsible for the growth of energy management information system market includes rise in demand for energy management technology, regulations and policies, energy incentive programs, rising concerns for eradicating carbon footprints, smart grid technology adoption, modernization and digitization of energy infrastructure and the growing need for centralized grid distribution management and control.

On the basis of verticals energy management information system market is classified into power & energy, telecom & IT, manufacturing, retail and offices and healthcare. On the basis of type energy management information system market is segmented into residential EMS, building energy management system, utility energy management system and industrial energy. Energy management information system market is segmented on the basis of end-user into residential and commercial.

Geographic segmentation for energy management information system market spans North America, Latin America, Europe, Asia-Pacific, and Middle-East & Africa. The key players in the this market are Cisco Systems, Inc., ABB Group, Honeywell International, General Electric Company, IBM Corporation, Schneider Electric SE, Eaton Corporation, Siemens AG, CA Technologies, and Emerson Electric Company.

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