Sunil Ladhav in PLC, SCADA, HMI, PLC, HMI, DCS, plc automation Jul 3, 2019 · 1 min read · ~100

Why Industrial Manufacturing Struggles with Energy Management Systems

Industrial Energy Management Systems by Technology SCADA , PLC, DCS, MDM, EMIS

Energy management systems are getting popularity since they help gain competitive advantage, reduce energy cost, and increase productivity. Every industry, big or small, is operating with the help of energy, so it is essential to install the energy management system. Industrial Energy Management Solution is a complete system that continually monitors energy consumption and offers active real-time control to minimize energy cost and carbon footprint. These systems provide energy consumption analysis, drill down analysis, debottlenecking, what-if analysis, and modeling & simulation, which help to enhance both the energy demand and energy supply aspects of the plant operations. Thus, energy management systems support the end-users to make quick and effective strategic decisions.

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  Why Industrial Manufacturing Struggles with Energy Management Systems

Key Benefits
· The study provides an in-depth analysis of the global Industrial Energy Management Systems Market to elucidate the prominent investment pockets.
· Current trends and future estimations are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
· The report provides information related to key drivers, restraints, and opportunities and their impact analysis.
· The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

The increase in the acceptance of energy management systems for the industrial development across different verticals of the market is fueling the growth of the industrial energy management systems market. In addition, as the energy management standards and environmental regulations are becoming more stringent, the various industries are putting significant efforts to make their manufacturing processes more efficient.

Some of the Major Players In Industrial Energy Management Systems Market:

  • ABB Ltd.
  • CISCO System, Inc.
  • Eaton Corporation
  • Emerson Electric Co.
  • General Electric Company
  • Honeywell International, Inc.
  • Rockwell Automation, Inc.
  • Schneider Electric SE
  • Siemens AG
  • Yokogawa Electric Corporation

The global Industrial energy management systems market is segmented on the basis of technology, hardware, services, and end-user. Based on technology, the market is segmented as Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controls (PLC), Distributed Control System (DCS), Meter Data Management (MDM), Energy Management Information System (EMIS), and Others. Further, based on hardware, the market is divided into Communication Network Hardware and Industrial Hardware. Furthermore, on basis of services, market is segmented as System Integrators, Consulting, and Maintenance & Support Services. Based on end-user, the Industrial energy management systems market is segmented as Automotive, Construction, Food & Beverages, Oil & Gas, Petrochemicals, Utilities, Mining, Electronics, and Others.

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Huge Growth Expected In Industrial Energy Management Systems Market Forecast To 2027 By Studying Top Players As:

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Industrial energy management systems market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Industrial energy management systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Source:- The Insight Partners